SKYGOLDBSESky Gold And Diamonds LtdMediumNeutral
Announced Wed, 27 May · 12:57 IST

We wish to inform you that the Board of Directors of the Company at their held today i.e., on 27th May 2026 has considered and appointted Ms. Aasna Shah as the Internal Auditor for the ....

Auditor Resigned MidtermManagement Changes View source PDF

SKYGOLD · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+7.5%1-day move
₹483.00
prior close
₹470.80
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.5+1.8+1.1+1.7+7.5+8.0+16.1+16.2+17.9+1.9+8.1+6.0+38.7
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AI summary

Sky Gold And Diamonds Ltd reported strong FY2026 results. Standalone revenue grew 61% to ₹47,084 lakhs with net profit of ₹21,279 lakhs (up 91% YoY). Consolidated revenue reached ₹62,949 lakhs with net profit of ₹28,183 lakhs. The Board approved re-appointment of Ms. Aasna Shah as Internal Auditor for FY2026-27 and is seeking shareholder approval via postal ballot for appointing M/s K A & Associates LLP as new statutory auditors to fill a vacancy caused by the resignation of the previous auditor. The company changed its depreciation method from WDV to SLM effective April 1, 2025, which boosted profit by ₹386 lakhs standalone and ₹693 lakhs consolidated.

Likely market impact

The strong financial performance with near-doubling of profits is positive for shareholders. The change in statutory auditors (due to resignation) is a routine governance matter but worth monitoring for any audit quality concerns.