Sky Gold & Diamonds Reports Strong Financial Results, Highlights Growth and Rising Interest Expenses in March 2025

Sky Gold & Diamonds, a midcap player in the Gems, Jewellery, and Watches industry, has reported its financial results for the quarter ending March 2025, showcasing a very positive performance. The company declared net sales of Rs 1,058.17 crore, marking a significant growth compared to the average of the previous four quarters. This upward trend in sales has been consistent over the last five quarters, indicating a robust near-term sales trajectory. The operating profit for the quarter reached Rs 63.03 crore, also the highest in the last five quarters, reflecting a favorable operating profit trend. Profit Before Tax (PBT) stood at Rs 45.37 crore, demonstrating a notable increase over the previous four-quarter average, while Profit After Tax (PAT) was reported at Rs 38.17 crore, again the highest in recent quarters. The operating profit margin improved to 5.96%, suggesting enhanced efficiency within the company. However, it is important to note that interest expenses rose to Rs 14.05 crore, indicating increased borrowings. This aspect may warrant attention as the company navigates its financial landscape. Sky Gold & Diamonds has experienced evaluation changes in its financial assessment, reflecting the positive trends observed in its recent performance. Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.