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Sky Gold profit jumps 82% to Rs 67 Cr in Q2

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Sky Gold

 Sky Gold and Diamond Ltd  on Thursday reported an 82.48 per cent jump in consolidated net profit to Rs 66.99 crore in the September quarter on higher sales.The company had posted a net profit of Rs 36.71 crore in the same quarter a year ago, according to a regulatory filing.

Total income increased to Rs 1,492.45 crore during the quarter, from Rs 788.59 crore in the year ago period. Expenses remained higher at Rs 1,404.55 crore as against Rs 742.41 crore in the said period.

EBITDA for the quarter stood at Rs 99.9 crore, against Rs 38.8 crore in the same period last year, an increase of 157.5 percent year on year. EBITDA margin improved to 6.73 percent in Q2 FY26 from 5.1 percent in Q2 FY25, a gain of 163 basis points. On a quarter-on-quarter basis, EBITDA margin also rose from 6.3 percent, expanding by 43 basis points, indicating better operating efficiency and an improving product and customer mix. Profit after tax (PAT) for Q2 FY26 came in at Rs 66.99 crore, compared to Rs 36.78 crore in Q2 FY25, an increase of 82.6 percent. PAT also improved from Rs 43.65 crore in Q1 FY26, marking a growth of 53.7 percent quarter on quarter.

Mangesh Chauhan

Mangesh Chauhan, MD, Sky Gold and Diamonds Ltd said, “We are pleased to report that our Q2 FY26 results reflect a continued acceleration of the strategic growth levers we put in place earlier this year. With lightweight and 18 KT jewellery gaining strong traction, new large-format B2B partnerships coming on stream, and our export mix steadily rising, we are making tangible progress towards our medium-term ambition. At the same time, we remain disciplined on margin enhancement, expanding design-led manufacturing, strengthening advanced-gold contracts, and optimising working capital to ensure that growth is also quality-accretive. “

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Cosmos Diamonds Makes History With World’s First LGD  Jewellery  Launched Into Space

The Launch Also Reinforces India’s Emergence As A Global Innovation Hub Where Startups From Diverse Sectors Are Forging Unconventional Partnerships.

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In a landmark moment where luxury, science and space exploration converged, Sanjana Tripuramallu, founder of Bengaluru-based Cosmos Diamonds, has achieved a global first by collaborating with private space company Skyroot Aerospace to send Cosmos Bloom, the world’s first lab-grown diamond (LGD) jewellery creation into space aboard the Vikram-1 rocket.

The Cosmos Bloom Diamond  is handcrafted in 18 kt gold using 32 pear-cut LGDs arranged in the form of a blooming lotus and mounted on a specially engineered aluminium base plate. It is designed to withstand the extreme conditions of launch and spaceflight. The space-bound jewel is valued at Rs 11 lakh and combines Indian craftsmanship, technology, and innovation.

Sanjana Tripuramallu, Founder- Cosmos Diamonds

The launch also reinforces India’s emergence as a global innovation hub where startups from diverse sectors are forging unconventional partnerships. While Skyroot Aerospace showcased the country’s private launch capabilities through Vikram-1, Cosmos Diamonds used the mission to tell a powerful story of Indian design and scientific ambition on an international stage. With the successful launch of the world’s first lab-grown diamond jewel into orbit, Sanjana Tripuramallu and Cosmos Diamonds have etched their names into both jewellery and space history, demonstrating that the future of luxury may well extend beyond Earth itself.

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