Archive · 24 Jul 2025
Sky Gold Reports 105% Q1 Profit Jump, Eyes Expansion
Sky Gold, a gold jewelry maker, made a lot more money in the first three months of the year!
Their profits more than doubled.
They sold a lot more jewelry, especially to customers outside of India.
The company now works with big companies such as Aditya Birla and Reliance Retail.
They are also making new kinds of jewelry to keep up with what people want to buy.
Sky Gold wants to make even more money in the next few years by selling more jewelry and expanding into new places like Dubai.
Sky Gold's profit after tax surged 105.6% to ₹43.6 crore in Q1 FY26.
Revenue from operations increased 56.5% to ₹1,131 crore compared to the previous year.
Export contribution rose to 12% of revenue, with a target of 25% within 18-24 months.
The company secured major clients, including Aditya Birla and Reliance Retail.
Sky Gold aims for ₹7,600 crore revenue by FY27 and plans a Dubai office.
- Who
- Sky Gold, a B2B gold jewelry manufacturer.
- What
- Sky Gold reported a significant increase in profit and revenue in the first quarter.
- When
- The report covers the first quarter of FY26, with the article published on July 24, 2025.
- Where
- Sky Gold is a Mumbai-based company; plans to expand into the Middle East with a Dubai office.
- Why
- Driven by strong export growth and new client acquisitions.
- Profit After Tax (Q1 FY26)
- ₹43.6 crore
- Revenue (Q1 FY26)
- ₹1,131 crore
- EBITDA (Q1 FY26)
- ₹71.4 crore
- EBITDA Margin
- 6.3%
- PAT Margin
- 3.9%
- Export Contribution
- 12% of revenue
- FY27 Revenue Target
- ₹7,600 crore