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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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National News

Harit Zaveri Jewellers Celebrates a Bride’s Royal Spirit In an Indian Wedding With Its New Polki Collection

A Celebration of Regal Femininity, Heirloom Craftsmanship, and The Refreshing Depth of Emeralds.

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June 2026 A bride’s jewellery is never merely ornamental, it carries sentiment, memory, and the quiet power of tradition. With its newest Polki Collection, Harit Zaveri Jewellers introduces a refined take on royal Indian bridal jewellery, thoughtfully designed for the modern bride who embraces heritage while expressing her individuality with confidence and grace.

Crafted between 18kt to 14kt gold and enriched by Emeralds, Harit Zaveri Jewellers Polki collection celebrates a bride in her most transformative moment – poised between reflection and becoming. Every jewellery piece in the collection is designed to accompany her through this pause.

At the heart of the collection lies the richness of polki craftsmanship – raw, uncut diamonds admired for their old-world charm and regal appeal, long associated with royal Indian heirlooms. Paired with vivid emeralds, known to symbolise renewal, harmony, love, and abundance, the collection brings together heritage and elegance. The richness of green emeralds adds depth and freshness, creating jewels that feel both classic and strikingly modern.

The collection features an expansive range of statement and versatile pieces including necklaces, kadas, rings, earrings, and bridal sets, thoughtfully embellished with emeralds, pearls, and polki detailing.

This collection from Harit Zaveri Jewellers compliments classic reds and heritage weaves to contemporary ivories, pastels, and couture silhouettes. Whether layered with a traditional lehenga, paired with a modern sari drape, or styled for intimate pre-wedding celebrations, these pieces seamlessly adapt while elevating every bridal look with a quiet majesty.

These pieces are envisioned as modern heirlooms, where meticulous craftsmanship, precious materials, and timeless artistry come together to create pieces worthy of being passed down through generations.

Harit Zaveri, Joint Managing Director at Harit Zaveri Jewellers said:

“At Harit Zaveri Jewellers, we have always believed bridal jewellery should feel personal, something that reflects a bride’s story and individuality. Many of our clients naturally gravitate towards one-of-a-kind pieces that resonate with their personality and become part of their memories for years to come. With this Polki collection, we wanted to celebrate craftsmanship with the richness of emeralds, a stone that beautifully complements a variety of bridal colours and effortlessly completes a look. Above all, quality remains at the heart of everything we create because we believe jewellery should feel as enduring as the memories and moments attached to it.”

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