Sky Gold and Diamonds reports exceptional revenue and profit growth

Sky Gold and Diamonds Limited recorded exceptional financial performance in fiscal year 2024-25, with revenue from operations surging by 103.26% year-on-year to INR 3,54,801.96 lakhs. Profit After Tax (PAT) also saw a substantial increase of 227.69%, reaching INR 13,265.53 lakhs. The company’s EBITDA grew by 222.09% to INR 17,421.78 lakhs. This growth was driven by higher production volumes, expanded product offerings, and strong demand across both domestic and international markets.

Strategic initiatives in FY 2024-25 included successfully raising INR 270 Crore through a Qualified Institutional Placement (QIP) and completing the acquisitions of Sparkling Chains Private Limited and Starmangalsutra Private Limited, marking its entry into fast-growing chains and mangalsutra segments. The company also announced a bonus issue of equity shares in a 9:1 ratio, reflecting a commitment to rewarding shareholders. Its current manufacturing capacity is 1,050 kg per month, with plans to increase it to 4.5 tons per month at the Navi Mumbai facility beyond FY 2026-27.