Sky Gold & Diamonds' Q2 FY 2025-26 Quarterly Results

Result Summary

• Sky Gold & Diamonds Ltd reported a 31.4% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 89.3%.
• Its expenses for the quarter were up by 30.4% QoQ and 89.2% YoY.
• The net profit increased 53.7% QoQ and increased 82.5% YoY.
• The earnings per share (EPS) of Sky Gold & Diamonds Ltd stood at 4.38 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Sky Gold & Diamonds Ltd is a company that primarily operates in the jewelry sector, focusing on the production and sale of gold and diamond jewelry products. The company is recognized for its quality craftsmanship and design innovation in the competitive jewelry market. As of the latest available data, Sky Gold & Diamonds Ltd has been actively engaging in expanding its market presence and enhancing its product offerings. However, specific recent major developments are not available within the provided data.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), Sky Gold & Diamonds Ltd reported a total income of ₹1,492.45 crores. This represents a substantial increase of 31.4% from the previous quarter (Q1FY26), where the total income was ₹1,135.58 crores. Compared to the second quarter of the fiscal year 2025 (Q2FY25), where the company recorded a total income of ₹788.60 crores, there is an impressive year-over-year growth of 89.3%. This significant rise in revenue over both the quarter-on-quarter and year-on-year periods highlights the company's robust revenue-generating capabilities during this financial period.

Profitability

Sky Gold & Diamonds Ltd's profitability metrics show a positive trend in the second quarter of the fiscal year 2026. The company's profit before tax (PBT) was ₹87.90 crores, showing a 49.3% increase from ₹58.87 crores in the previous quarter and a 90.3% increase from ₹46.19 crores in the same quarter last year. After accounting for taxes amounting to ₹20.91 crores, which grew by 36.8% quarter-over-quarter and 120.8% year-over-year, the profit after tax (PAT) stands at ₹66.99 crores. This PAT reflects a 53.7% increase from the previous quarter's ₹43.59 crores and an 82.5% increase from ₹36.71 crores in Q2FY25. Earnings per share (EPS) for Q2FY26 was reported at ₹4.38, up by 47.5% from ₹2.97 in Q1FY26, but significantly lower than the ₹34.26 reported in Q2FY25, indicating a year-over-year decrease of 87.2%.

Operating Metrics

The financial data indicates that Sky Gold & Diamonds Ltd incurred total expenses of ₹1,404.55 crores in Q2FY26. This marks a 30.4% increase from the previous quarter's expenses of ₹1,076.71 crores and an 89.2% increase from ₹742.41 crores in Q2FY25. These operating expenses align closely with the revenue growth, suggesting an expansion in operational activities. The company's effective tax rate can also be calculated, with the tax expense of ₹20.91 crores showing an increase, contributing to the overall rise in operating expenses. The company's focus on managing expenses while growing revenue reflects an operational scale-up. However, specific operating metrics such as the P/E ratio, debt-to-equity ratio, or current ratio are not available from the provided data.