Sky Gold's Astonishing Q2! Profits Skyrocket 81%, Revenue Doubles – Is This Your Next Big Stock Buy?

Consumer Products

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Updated on 13 Nov 2025, 08:24 am

Sky Gold Limited announced stellar financial results for the second quarter ended September 30, 2023.

Net Profit: The company posted a net profit of ₹67 crore, an impressive 81% increase compared to ₹37 crore in the same period last year.

Revenue Growth: Revenue witnessed a near doubling, climbing 93% year-on-year to ₹1,484 crore from ₹768 crore in the corresponding quarter of the previous fiscal year.

Operating Performance: The operating performance strengthened significantly, with Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) soaring to ₹100.4 crore from ₹38.2 crore in the prior year.

Margin Expansion: This robust growth also led to an expansion in EBITDA margin, which improved to 6.8% from 5% in the previous year, indicating better operational efficiency and profitability.

Stock Movement: Following these strong results, Sky Gold's shares initially surged by as much as 4% to hit a day's high. However, the stock later pared some gains, trading 8% lower from its intraday peak, but still holding at ₹368.55, which was 4.4% higher than the previous day's close.

Impact: This news is highly significant for Sky Gold Limited shareholders and investors tracking the consumer discretionary and jewellery sectors. The strong performance signals robust demand and effective operational management, which could positively influence investor sentiment and potentially lead to further stock price appreciation, despite the intraday pullback. The substantial revenue and profit growth suggest strong market positioning.

Rating: 8/10

Difficult Terms: EBITDA: Stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure of a company's overall financial performance and is used as an alternative to net income to provide a measure of a firm's operating performance. EBITDA Margin: Calculated as EBITDA divided by total revenue. It indicates how much profit a company makes for each dollar of revenue generated from its core business operations, before accounting for interest, taxes, depreciation, and amortization.