SkyGold shares slipped 5% on Wednesday, hitting the lower circuit limit following the announcement of its Q1 FY26 results.
The company posted a net profit of ₹43.6 crore, more than double last year’s ₹21.2 crore. Revenue jumped 56% to ₹1,131 crore from ₹723 crore year-on-year, while EBITDA surged 92% to ₹71 crore from ₹37 crore. Operating margins also improved to 6.3%, compared to 5.1% in the same period last year.
Despite these impressive numbers, the stock saw profit booking, dragging it to its lower circuit.
SkyGold shares traded in a narrow range today, opening at ₹341.00 and touching an intraday high of ₹342.50 before slipping to a low of ₹324.05. The stock has seen considerable volatility in recent months, with its 52-week high standing at ₹488.55 and the low at ₹186.45.
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