Sky Gold and Diamonds Ltd reported a sharp jump in consolidated revenue to ₹14.84 billion in the September quarter, nearly doubling year-on-year. The company posted a consolidated net profit of ₹669.9 million, driven by strong demand and efficient cost management in the luxury gems and jewelry segment.
Sky Gold and Diamonds Posts Robust Q2 Growth on Strong Market Demand
Sky Gold and Diamonds Ltd announced its financial results for the quarter ended September 2025, demonstrating a significant surge in consolidated revenue from operations, reaching ₹14.84 billion — a remarkable 93.1% increase from ₹7.68 billion in the same quarter last year.
The net profit for the quarter stood at ₹669.9 million, supported by improved sales volume, product mix, and effective cost control measures. The luxury jewelry market’s rebound, coupled with favorable consumer sentiment, fueled this growth trajectory.
The company highlighted sustained demand recovery both domestically and in export markets, strengthening its sales channels and brand positioning. Operational efficiencies, strategic inventory management, and expanding distribution networks contributed to margin enhancement.
The management expressed confidence in maintaining growth momentum in the coming quarters amid a positive outlook for the gems and jewelry sector.
Key Highlights:
Consolidated revenue: ₹14.84 billion, up 93.1% YoY.
Net profit: ₹669.9 million, reflecting strong earnings growth.
Growth supported by domestic and export market demand resurgence.
Enhanced margins driven by better product mix and cost control.
Strengthened distribution and inventory management.
Positive outlook on sustained sectoral recovery and expansion.
Source: Business Standard, NSE India filings, Moneycontrol (2025)