The company remains confident of sustaining healthy growth momentum while progressing toward its FY30 profitability aspirations of Rs 945 crore
Sky Gold and Diamonds, a listed business-to-business gold jewellery manufacturer, has reported consolidated revenue of Rs 6,295 crore in the financial year 2026. The company’s profit rose 112 per cent to reach Rs 282 crore in FY26, backed by strong retail partnership and sustained domestic demand with designing moat.
The financial results of the company revealed that the revenue during the fourth quarter of FY26 rose to Rs 1,911.5 crore, marking an uptick of 80.6 per cent on a year-on-year (YoY) basis. The net profit during Q4FY26 stood at Rs 90.7 crore, as compared to Rs 38.2 crore during the corresponding period of the previous financial year (Q4FY25).
Company’s earnings before interest, taxes, depreciation and amortisation (Ebitda) stood at Rs 140.7 crore during the quarter, rising by 123 per cent, it said in its earnings release. Ebitda for the full financial year was Rs 434.3 crore, as compared to Rs 196.4 crore in FY25.
“Our performance continues to be supported by increasing partnerships with organised retail players, strong acceptance of lightweight and value-added jewellery and sustained execution across our manufacturing platform,” stated Mangesh Chauhan, Managing Director, Sky Gold and Diamonds.
Chauhan added that as the company moves into the next phase of growth, it remains focused on improving cash flows, reducing debt and pursuing growth through operational efficiency and prudent capital allocation. The company remains confident of sustaining healthy growth momentum while progressing toward its FY30 profitability aspirations of Rs 945 crore.
“With strong customer relationships and continued focus on creativity, technology and manufacturing excellence, we remain confident about the long-term opportunity ahead,” Chauhan added.
In line with its stated commitment, the company improved cash flow from operations to negative Rs 45 crore in FY26 from negative Rs 272 crore in FY25 and targets positive CFO of around Rs 180 to Rs 225 crore in FY27.
