Gems & Jewellery company Sky Gold announced Q3FY25 results Financial Highlights: Revenue from Operations: Increased by 116.74% year-on-year to Rs 997.97 crore. EBITDA: Rose by 217.60% to Rs 57.29 crore. Profit After Tax (PAT): Grew by 309.10% to Rs 36.54 crore. Operational Highlights: Revenue Growth: Consolidated revenues for Q3FY25 reached Rs 997.97 crore, marking a 116.74% increase YoY. EBITDA Performance: Achieved Rs 57.29 crore in EBITDA, reflecting a 217.60% growth compared to Q3FY24. PAT Achievement: PAT stood at Rs 36.54 crore, a 309.10% increase YoY, marking the third consecutive quarter of significant PAT growth. Mangesh Chauhan, Managing Director and Chief Financial Officer, said: "Sky Gold Ltd continues its exceptional growth trajectory in the third quarter of FY25. Our Revenue from Operations surged by 116.74% year-on-year to Rs 997.97 crore. EBITDA increased by 217.60% to Rs 57.29 crore, and Profit After Tax grew by 309.10% to Rs 36.54 crore. This growth is a testament to our strategic initiatives and operational efficiency. During the quarter, we successfully approved a 9:1 bonus share issue, reinforcing our commitment to enhancing shareholder value. The acquisitions of Starmangalsutra and Sparkling Chains have significantly bolstered our market position by expanding product offerings and leveraging operational synergies. We are also excited to announce our upcoming entry into the lab-grown diamond segment, which aligns with global trends and customer preferences. This initiative will allow us to diversify our portfolio and tap into a burgeoning market, both domestically and internationally. Our recent fundraising through a Qualified Institutional Placement (QIP) of Rs 270 crore has further strengthened our financial position, enabling us to invest in cutting-edge technology and scale operations effectively. Additionally, the reduced import duty on gold has provided a strong tailwind, increasing consumer preference for organized markets and driving growth in demand for gold jewellery. As we progress through FY25, our focus remains on increasing capacity utilization at our Navi Mumbai facility, strengthening our mid-management and regional sales teams, and optimizing financials through gold metal loans. These measures, combined with investments in IT, automation, and ERP systems, position us to achieve our long-term revenue target of INR 6,300 crore by FY27 and expand our production capacity to 1,050 Kgs/month within the next three years." Result PDF