In continuation of our prior intimation dated 15th May 2026, and pursuant to Regulation 30 and other applicable regulations of the Securities and Exchange Board of India (Listing Obligations ....
SKYGOLD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.5 pts more than Nifty Microcap 250 and 1.5 pts more than its Gems Jewellery And Watches peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Sky Gold and Diamonds Ltd held its Board Meeting on 27th May 2026 and approved the audited standalone and consolidated financial results for Q4 and year ended 31st March 2026. The statutory auditors issued an unmodified opinion on the financial statements. Consolidated revenue from operations grew 77% to Rs 62,948.68 lakhs from Rs 35,480.20 lakhs in the previous year. Net profit more than doubled to Rs 28,183 lakhs from Rs 13,265.53 lakhs. The Board also re-appointed Ms. Aasna Shah as Internal Auditor for FY 2026-27 and initiated a Postal Ballot for appointment of M/s M'S K A & Associates LLP as new Statutory Auditors to fill a casual vacancy caused by resignation. An emphasis of matter was noted regarding the company's change in depreciation method from Written Down Value (WDV) to Straight Line Method (SLM) effective April 1, 2025, which prospectively increased profit before tax by Rs 693.08 lakhs for consolidated results.
Strong financial performance with over 100% PAT growth and 77% revenue growth. The change in depreciation method is a one-time accounting estimate change that boosted current year profits. The appointment of new statutory auditors due to resignation is a governance change to monitor.