Sky Gold reports strong Q1 results, makes strategic moves
Sky Gold & Diamonds Limited reported standalone profit before tax of ₹4,419.55 lakhs and consolidated profit before tax of ₹5,886.97 lakhs for Q1 2025. Basic standalone EPS reached ₹2.22, while consolidated basic EPS hit ₹2.97.
The company sold its stake in wholly-owned subsidiary Sitaare Gold & Diamonds Limited in April. It simultaneously acquired 100% of Sky Souk Jewellery Trading LLC through cash subscription in June.
Additionally, 207,000 convertible share warrants were converted into 2.07 million equity shares.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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