Sky Gold and other jewellery stock in focus after announcing strong Q3 results
Alex Smith
4 months ago
Synopsis: Two jewellery stocks that surged 9% and 12% today after reporting strong Q3 FY26 results, driven by robust revenue and profit growth.
Two prominent jewellery stocks surged sharply today following strong Q3 FY26 results. Both companies reported robust revenue and profit growth, reflecting resilient demand for gold, diamond, and precious stone jewellery across retail and B2B operations, attracting investor attention. Here are the 2 stock with their quarterly earnings
Sky Gold Limited
Sky Gold Limited is engaged in the business of designing, manufacturing, and marketing gold jewellery. The co. follows a B2B model where the products are mainly sold to mid-range jewellers and boutique stores that sell these products through online platforms and retail stores.
With a market capitalization of Rs 5,396.23 crore, Sky Gold & Diamonds Ltd’s shares on Monday made a day high of Rs 357.15 per share, up by 11.78 percent from its previous day’s close price of Rs 319.5 per share. The share of this company has given a return of 1,463 percent since its listing in January 2023.
Results Highlights
QoQ View: The revenue from operations grew by 19 percent to Rs 1,768 crore, corresponding to the last quarter in the same financial year. EBDIT grew by 22 percent to Rs 122 crore in Q3 FY26 from Rs. 99.9 crore in Q2 FY26. Accompanied by a net profit growth of 20 percent to Rs 80.5 crore in Q3 FY26 from Rs 67 crore in Q2 FY26, resulting in an EPS of Rs 5.20 per share from Rs 4.33 per share in Q2 FY26.
YoY View: The revenue from operations grew by 77 percent to Rs 1,768 crore, corresponding to the same quarter in the last financial year. EBDIT grew by 114 percent to Rs 122 crore in Q3 FY26 from Rs 57.3 crore in Q3 FY25. Accompanied by a net profit growth of 120 percent to Rs 80.5 crore in Q3 FY26 from Rs 36.5 crore in Q2 FY26, resulting in an EPS of Rs 5.20 per share from Rs 2.49per share in Q3 FY25.
PN Gadgil Jewellers
P N Gadgil Jewellers Ltd (PNG Jewellers) is a renowned Indian jewellery brand which is focused on gold, silver, platinum, and diamond jewellery. Headquartered in Pune, Maharashtra, it has expanded to over 50 retail stores across India, the U.S.A., and Dubai, catering to diverse customer segments with high-quality, traditional, and contemporary designs.
With a market capitalization of Rs 8,009 crore, P N Gadgil Jewellers Ltd’s shares on Monday made a day high of Rs 600 per share, up by 9.19 percent from its previous day’s close price of Rs 549.5 per share. The share of this company has given a negative return of 18 percent since its listing in September 2024
Results Highlights
QoQ View: The revenue from operations grew by 51 percent to Rs 3,302.6 crore in Q3 FY26, corresponding to the last quarter in the same financial year. Accompanied by a net profit growth of 115 percent to Rs 170.9 crore in Q3 FY26 from Rs 79.3 crore in Q2 FY26, resulting in an EPS of Rs 12.59 per share from Rs 5.84 per share in Q2 FY26.
YoY View: The revenue from operations grew by 35.59 percent to Rs 3,302.6 crore in Q3 FY26, corresponding to the same quarter in the last financial year. Accompanied by a net profit growth of 98 percent to Rs 170.9 crore in Q3 FY26 from Rs 86 crore in Q2 FY26, resulting in an EPS of Rs 12.59 per share from Rs 6.34 per share in Q3 FY25.
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