Sky Gold's PAT Soars 405.2% in Q2FY25, Reaches 36.7 Cr

Sky Gold Limited (SGL), a leading jewellery company based in Mumbai, reported its financial results for the quarter ended September 30th, 2024. The company's Consolidated Financial Performance Snapshots showed a 94.2% y-o-y growth in Revenue from Operations, reaching Rs. 768.8 crores. EBITDA grew by 154.3% to Rs. 38.8 crores, and Profit After Tax (PAT) grew by 405.2% to Rs. 36.7 crores. The company also raised Rs. 270 Crs through a Qualified Institutional Placement (QIP) and is scaling acquired companies to achieve target sales of Rs. 500 Crs by Q4FY25. Mr. Mangesh Chauhan, Managing Director and Chief Financial Officer, expressed optimism about meeting the FY27 revenue goal of Rs. 6300 Cr.