Sky Gold Ltd Q3 FY26 Results

Our Q3 FY26 performance reflects the strength of our execution-led growth strategy, with consolidated revenue rising about 76% year-on-year and 19% sequentially, supported by sustained demand across domestic and export markets. Despite elevated gold prices and periodic volatility, the preference for lightweight, design-led jewellery has remained resilient, particularly with increasing adoption of 9kt and diamond studded jewellery formats among Gen Z consumers. It is further fueled by an increase in the advanced gold jewellery business and adding new marque customers in the Indian and Middle east market. Improved scale, deeper B2B partnerships and a growing international footprint have translated into strong operating leverage, with EBITDA more than doubling year-on-year and margins expanding to 7.34%.” “Profitability continues to track ahead of revenue growth, with PAT increasing over 120% year-on-year, reflecting disciplined cost management and a higher share of value-added manufacturing. Looking ahead, while gold prices may remain range-bound in the near term, the medium-term outlook remains favourable, supported by structural demand drivers and the ongoing shift towards organised manufacturing. As we move into the final quarter of the year, our focus remains on strengthening execution, enhancing margins and scaling our global presence in a calibrated manner, supported by a healthy order pipeline and improving export traction.