Sky Gold & Diamonds announced outstanding Q2FY26 results, with revenues and profits nearly doubling year-on-year. The company is increasing market share through new products and designs, enhanced by onboarding major clients like Reliance Retail and Titan's Tanishq. Expansion into Dubai aims to boost exports to 15-20% by FY27. Margin improvements are expected from product mix and schemes, leading to potential operating cash flow positivity by FY28. Valuations are considered attractive.