Sky Gold and Diamonds shares rally 10% after Q1 profit soars 141% YoY, revenue rises 78%
Shares of Sky Gold and Diamonds rallied sharply on Monday, gaining 9.53% to Rs 787.80, after the jewellery manufacturer reported a strong performance for the first quarter of FY27. The company posted robust growth in revenue, EBITDA and net profit, supported by sustained demand for lightweight and value-added jewellery and rising traction among organised jewellery retailers.Sky Gold and Diamonds reported a 77.9% year-on-year (YoY) increase in revenue to Rs 2,012.8 crore in Q1FY27, compared with Rs 1,132 crore in the corresponding quarter last year.The company's bottom line witnessed an even sh