Sky Gold Ltd's Q3FY25 Quarterly Results

Result Summary

• Sky Gold Ltd reported a 27.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 118.1%.
• Its expenses for the quarter were down by 98.0% QoQ and 96.6% YoY.
• The net profit decreased 0.5% QoQ and increased 309.2% YoY.
• The earnings per share (EPS) of Sky Gold Ltd stood at 2.5 during Q3FY25.

Financial Statments for Q3FY25

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 Ltd is a company primarily involved in the gold industry. This company's primary business includes the manufacturing and sale of gold jewelry and related products. As part of a sector that deals with precious metals, Sky Gold Ltd operates in a market sensitive to fluctuations in gold prices and consumer demand for luxury goods. While specific recent developments for the company are not directly available from the provided data, companies in this sector often experience impacts from global economic conditions, regulatory changes, and shifts in consumer preferences.

Revenue

In the third quarter of the fiscal year 2025 (Q3FY25), Sky Gold Ltd reported a total income of ₹1005.10 crores. This represents a significant increase compared to the previous quarter (Q2FY25), which was ₹788.60 crores, marking a quarter-over-quarter (QoQ) growth of 27.5%. When compared to the same quarter in the previous year (Q3FY24), where the total income was ₹460.90 crores, the year-over-year (YoY) increase is 118.1%. This substantial rise in revenue indicates a strong performance in the company's sales or other income streams for this quarter.

Profitability

Sky Gold Ltd's profitability metrics for Q3FY25 show that the company recorded a profit before tax (PBT) of ₹49.36 crores, up from ₹46.19 crores in Q2FY25, which translates to a QoQ increase of 6.9%. Compared to Q3FY24, where the PBT was ₹11.96 crores, the YoY increase is 312.7%. The profit after tax (PAT) for Q3FY25 stood at ₹36.54 crores, slightly down from ₹36.71 crores in Q2FY25, showing a minor decrease of 0.5% QoQ. However, this figure is significantly higher than the ₹8.93 crores recorded in Q3FY24, reflecting a YoY growth of 309.2%. The company’s taxation for Q3FY25 was ₹12.82 crores, reflecting increases of 35.4% QoQ and 324.5% YoY.

Operating Metrics

The earnings per share (EPS) for Sky Gold Ltd in Q3FY25 was ₹2.50, a notable decrease from ₹34.30 in Q2FY25, reflecting a sharp QoQ decline of 92.7%. Compared to Q3FY24, where the EPS was ₹8.10, there is a YoY decrease of 69.1%. Total expenses for Q3FY25 were reported at ₹15.05 crores, a significant reduction from ₹742.41 crores in Q2FY25, marking a QoQ decrease of 98%. This figure also shows a YoY decrease of 96.6% from ₹448.94 crores in Q3FY24. These metrics indicate substantial changes in the company’s cost structure and profitability per share, which are critical for assessing overall financial health.