Sky Gold Q2 FY27: Revenue surges 61% YoY to ₹2,391 Cr, PAT up 93%
Sky Gold and Diamonds Limited reported Q2 FY27 consolidated revenue of ₹2,391 crore, up 61% YoY. PAT increased 93% to ₹129 crore (operational PAT ₹135 crore). H1 FY27 revenue grew 68% to ₹4,403 crore, with PAT up 112% to ₹234 crore. The company generated ₹136 crore in operating cash flow in H1, a turnaround from an outflow last year. Management highlighted improved margins, capital efficiency through Advance Gold model and exports, and successful acquisitions.
The significant increase in revenue and profit, along with positive operating cash flow and strategic initiatives like the Advance Gold Model and export growth, are likely to have a substantial positive impact on investor sentiment and the company's valuation.
The company reported strong year-on-year growth in revenue, profit, and operating cash flow. Improvements in margins and capital efficiency were also highlighted, indicating positive financial performance and strategic execution.
Sky Gold and Diamonds Limited has announced the transcript of its earnings conference call held on October 31, 2026, discussing the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The company reported a consolidated revenue of ₹2,391 crore for Q2 FY27, a 61% increase year-on-year and 18.8% over Q1. Gross profit rose by 87% to ₹229 crore, with gross margins expanding by 133 basis points to 9.6%. EBITDA stood at ₹189.8 crore, up 90% with a margin of 7.9%. Reported Profit After Tax (PAT) was ₹129 crore, a 93% increase. This figure excludes an exceptional charge of ₹7.35 crore related to a fraud incident at its subsidiary, Star Mangalsutra. Excluding this charge, operational PAT was ₹135 crore, up 101% year-on-year. For the first half of FY27, revenue grew by 68% to ₹4,403 crore, with EBITDA at ₹346 crore and PAT at ₹234 crore, up 112%. The company generated ₹136 crore in operating cash flow in H1 FY27, a significant improvement from an outflow of ₹101 crore in H1 FY26. The management highlighted the company's strategic focus on an 'Advance Gold Model' and exports to improve capital efficiency, alongside investments in technology, design, and people. Acquisitions of Starmangalsutra and Purvi Gems were noted as key to expanding the product portfolio and customer base. The company also addressed its recent capital raise, emphasizing long-term growth and value creation, while adhering to SEBI guidelines regarding forward-looking guidance.
What to do with a filing like this
SKY GOLD AND DIAMONDS LIMITED filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by SKY GOLD AND DIAMONDS LIMITED. Read the original for the full detail.