Sky Gold And Diamonds541967Quarterly results
Board approves fund raise of up to ₹ 1,800 crores via QIP; EGM on 18 November; Q2 and H1 results approved
Board approves raising up to ₹ 1,800 crores by issuing equity shares, in one or more tranches, via QIP and/or any other permissible mode, subject to members' and other approvals.
By ScoutQuest · · 3 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 1,82,455.10 | 1,14,941.97 | +58.7% | 1,44,004.43 | +26.7% |
| Total income | 1,83,691.17 | 1,15,610.81 | +58.9% | 1,44,692.05 | +27% |
| Profit before tax | 11,409.97 | 7,173.37 | +59.1% | 8,180.32 | +39.5% |
| Profit after tax | 8,537.25 | 5,483.02 | +55.7% | 6,058.76 | +40.9% |
| Total comprehensive income | 8,539.21 | 5,195.52 | +64.4% | 5,959.22 | +43.3% |
| Basic EPS | 5.51 | 3.59 | +53.5% | 3.91 | +40.9% |
- Total income YoY growth
- +58.9%
- Period
- Quarter ended 30.09.2026
Also decided at the meeting
- Approved raising funds up to ₹ 1,800 crores via equity shares through one or more QIPs or other permissible modes, subject to shareholder and regulatory approvals.
- Authorised the QIP Committee to decide the terms and conditions of the proposed fund raise.
- Approved convening an EGM on Wednesday, 18th November 2026 at 11.00 A.M. through VC/OAVM and approved its Notice; cut-off date for e-voting fixed as 11th November 2026.
- Appointed Mr. Shivang Goyal, Practicing Company Secretary, as Scrutinizer for the EGM e-voting process.
Auditor's review
Conclusion: Unmodified
Notes to the results
- Subsequent to the quarter end, the Company completed the acquisition of 100% of the equity share capital of M/s. Purvi Gems & Jewellery (India) Private Limited on October 7, 2026.
The Board of Directors met on 27 October 2026 and approved two main items: a proposed fund raise and the company's financial results for the quarter and half-year ended 30 September 2026.
Fund raise of up to ₹ 1,800 crores
- Approved raising of funds for an aggregate amount of up to and not exceeding ₹ 1,800 crores (Rupees Eighteen Hundred Crores), by way of issuance of equity shares, in one or more tranches, by way of one or more Qualified Institutions Placements (QIP) and/or any other permissible mode or any combination thereof.
- The securities proposed are equity shares and/or other convertible securities (including warrants, or otherwise, in registered or bearer form) or any combination thereof, in one or more tranches.
- The price and terms are to be decided by the Board in its absolute discretion, subject to receipt of necessary approvals, including the approval of the members of the Company and such other regulatory and statutory approvals as may be required, and determination of the issue price.
- The Board has authorised the QIP Committee of the Board to decide the terms and conditions of the proposed fund raise.
Financial results
- The Audit Committee and the Board approved Unaudited Standalone and Consolidated Financial Results for the quarter and half-year ended 30 September 2026, along with the Limited Review Report of the statutory auditor.
- The statutory auditor's review report states that nothing came to its attention that causes it to believe the statement has not disclosed the required information or contains any material misstatement — an unmodified conclusion.
- Standalone figures (Rs. in lakhs): Revenue from operations 1,82,455.10 for the quarter and 3,26,459.53 for the half-year.
- Total income 1,83,691.17 (quarter) and 3,28,383.21 (half-year); Total expenses 1,72,281.20 and 3,08,792.93.
- Profit before tax 11,409.97 (quarter) and 19,590.28 (half-year); Profit after tax 8,537.25 and 14,596.00.
- Earnings per share (in Rs.), basic 5.51 and diluted 5.51 for the quarter; basic 9.42 and diluted 9.42 for the half-year.
- Total comprehensive income 8,539.21 for the quarter and 14,498.44 for the half-year.
- On the balance sheet (Rs. in lakhs), total assets stand at 2,41,416.73 as at 30 September 2026 and total equity at 1,26,206.63.
Extra Ordinary General Meeting
- An EGM will be held on Wednesday, 18 November 2026 at 11.00 A.M. through video conferencing or other audio-visual means, to seek shareholders' approval, inter alia, on the matters above.
- The cut-off date to record entitlement of shareholders eligible to vote is Wednesday, 11 November 2026.
- Mr. Shivang Goyal, Practicing Company Scrutinizer, has been appointed to conduct the e-voting process.
Note accompanying the results
- Subsequent to the quarter end, the Company completed the acquisition of 100% of the issued, subscribed and paid-up equity share capital of M/s. Purvi Gems & Jewellery (India) Private Limited from its existing shareholders on 7 October 2026.
What a retail shareholder may want to track
- The fund raise is approved by the Board but is subject to members' approval at the EGM and other approvals, and the issue price is to be determined.
- Issuing new equity shares increases the number of shares in issue, so the extent of the issue and the price at which it is done are the key details for existing shareholders.
- The EGM notice and the resolution wording will set out the exact proposal that shareholders are asked to vote on.
₹14,596.00 lakhStandalone Profit after tax (Rs. in lakhs
Profit after tax, latest quarter8,537.25 (Rs.in lakhs)
Profit after tax, quarter6,058.76 (Rs.in lakhs)
Also from Sky Gold And Diamonds
Sky Gold & Diamonds to hold Q2 & H1FY27 earnings call on 31 October 2026 at 11:00 AM IST
28 Oct 2026
Sky Gold & Diamonds Q2 FY27 revenue up 61% to ₹2,390.7 Cr, PAT up 93%
28 Oct 2026
Sky Gold and Diamonds reports consolidated Q2 FY27 revenue of ₹2,390.7 crore and PAT of ₹129.4 crore; approves Purvi Gems & Jewellery acquisition
27 Oct 2026
More numbers
- Fund raise approved - maximum aggregate amount₹ 1,800 crores
- H1 standalone Revenue from operations (Rs. in lakhs)3,26,459.53
- H1 standalone Profit after tax (Rs. in lakhs)14,596.00
- H1 standalone Profit before tax (Rs. in lakhs)19,590.28
- Paid up equity share capital (Rs. in lakhs)15,487.39
- Total income, latest quarter1,83,691.17 (Rs.in lakhs)
- Total income, year-ago quarter1,15,610.81 (Rs.in lakhs)
- Total income, previous quarter1,44,692.05 (Rs.in lakhs)
- Total comprehensive income, latest quarter8,539.21 (Rs.in lakhs)
- Total comprehensive income, year-ago quarter5,195.52 (Rs.in lakhs)
- Total comprehensive income, previous quarter5,959.22 (Rs.in lakhs)
- Profit after tax, latest quarter8,537.25 (Rs.in lakhs)
- Profit after tax, year-ago quarter5,483.02 (Rs.in lakhs)
- Profit after tax, previous quarter6,058.76 (Rs.in lakhs)
- Revenue from operations, latest quarter1,82,455.10 (Rs.in lakhs)
- Revenue from operations, year-ago quarter1,14,941.97 (Rs.in lakhs)
- Revenue from operations, previous quarter1,44,004.43 (Rs.in lakhs)
- Profit before tax, latest quarter11,409.97 (Rs.in lakhs)
- Profit before tax, year-ago quarter7,173.37 (Rs.in lakhs)
- Profit before tax, previous quarter8,180.32 (Rs.in lakhs)
- qip_fund_raise_limit₹ 1,800 crores
Source: BSE · 27 Oct 2026
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