# Sky Gold Q1 profit surges 141%, revenue up 78%

2026-08-09T13:51:39+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Sky Gold and Diamonds reported a 141% jump in net profit to Rs 104.9 crore for the first quarter of FY27, compared with Rs 43.6 crore a year ago. Revenue rose 78% to Rs 2,012.8 crore, driven by strong demand for lightweight and value-added jewellery, the company said. EBITDA climbed 120% to Rs 156.7 crore, with margins improving to 7.8%. Shares rallied 9.5% on Monday to Rs 787.80 after the announcement. The management has set a revenue target of Rs 8,100 crore-plus for FY27. FIIs raised their stake from 1.20% to 2.79% during the quarter, and mutual funds increased holdings to 11.03%.

## Coverage

- ndtvprofit.com <https://www.ndtvprofit.com/markets/smallcap-stock-under-rs-1-000-sky-gold-diamond-q1-profit-more-than-doubles-topline-surges-78-yoy-11885882#publisher=newsstand>
- economictimes.indiatimes.com <https://economictimes.indiatimes.com/markets/stocks/news/sky-gold-and-diamonds-shares-rally-10-after-q1-profit-soars-141-yoy-revenue-rises-78/articleshow/133083710.cms>

Tags: jewellery stocks, profit surge, Q1 results, revenue growth, sky gold & diamond, smallcap
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