Outcome of Board Meeting For The Quarter And Year Ended March 31, 2026.
Price
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Sky Industries Ltd reported audited standalone revenue of Rs 8,434.44 Lakhs for FY26, up 2% from Rs 8,267.18 Lakhs in FY25. However, standalone PAT declined to Rs 592.02 Lakhs from Rs 611.89 Lakhs (down 3.2%). On consolidated basis, revenue grew 2.8% to Rs 8,641.32 Lakhs while PAT increased 14.2% to Rs 665.00 Lakhs from Rs 582.09 Lakhs. The Board approved a 10% final dividend (Re 1 per share). The auditors issued an unmodified (clean) opinion. Notable items include exceptional credit of Rs 1.56 lakh from reversal of labour code provision. The company appointed a new Internal Auditor (KSCA & Associates LLP), a new Independent Director (Mr. Abhishek Jain), and a new Whole Time Director (Mr. Anoop Dubey) for upcoming Gujarat Plant operations.
Revenue grew modestly but standalone profit declined year-on-year; consolidated profitability improved due to subsidiary performance. Significant debt increase and expansion capex signal investment phase. Clean audit opinion is positive for investor confidence.