Sky Gold Q1 FY27 Revenue up 78% YoY to ₹2,012.8 Cr, PAT up 140.7% YoY

Sky Gold and Diamonds Ltd. reported a strong start to FY27, with consolidated revenue for Q1 FY27 surging 78% year-on-year to ₹2,012.8 crore. Profit After Tax (PAT) saw a significant jump of 140.7% to ₹104.9 crore. The company attributed this growth to sustained demand from organized retailers, traction in lightweight and value-added jewelry, and efficient manufacturing operations. EBITDA also grew substantially by 119.6% to ₹156.7 crore. Operations turned cash flow positive, driven by an asset-light manufacturing model and growing advance-gold business. The company is focusing on expanding its presence in lightweight, fine, and diamond-studded jewelry categories, and sees significant potential in the export market, particularly in the UK and Europe.