Integrated Filing — IndAS



General information about company
Scrip Code 541967
NSE Symbol SKYGOLD
MSEI Symbol NOTLISTED
ISIN INE01IU01018
Name of company SKY GOLD AND DIAMONDS LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 27-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 20-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Gold Jewellery & Accessories
Start date and time of board meeting 27-May-2025   11:10:00
End date and time of board meeting 27-May-2025   14:50:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2024-09-02
Indicate Company website link for updated RPT policy of the Company www.skygold.co.in
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? Yes
No. of times funds raised during the quarter 3
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 7547845000 29249316000
Other income 41188000 285871000
Total income 7589033000 29535187000
2 Expenses
(a) Cost of materials consumed 7159497000 27503832000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -223778000 -406031000
(d) Employee benefit expense 86598000 259981000
(e) Finance costs 119807000 395590000
(f) Depreciation, depletion and amortisation expense 29826000 95506000
(f) Other Expenses
1 Other Expenses 73556000 227582000
Total other expenses 73556000 227582000
Total expenses 7245506000 28076460000
3 Total profit before exceptional items and tax 343527000 1458727000
4 Exceptional items 0 0
5 Total profit before tax 343527000 1458727000
6 Tax expense
7 Current tax 89700000 361800000
8 Deferred tax -10379000 -14487000
9 Total tax expenses 79321000 347313000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 264206000 1111414000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 264206000 1111414000
17 Other comprehensive income net of taxes 23638000 9639000
18 Total Comprehensive Income for the period 287844000 1121053000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 1466988000 1466988000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 5197490000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 1.8 7.98
Diluted earnings (loss) per share from continuing operations 1.78 7.91
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 1.8 7.98
Diluted earnings (loss) per share from discontinued operations 1.78 7.91
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 3.6 15.96
Diluted earnings (loss) per share from continuing and discontinued operations 3.56 15.82
24 Debt equity ratio 0.0076 0.0122
25 Debt service coverage ratio 0.1566 0.1635
26 Interest service coverage ratio 0.0459 0.0534
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 314844000
Capital work-in-progress 76195000
Investment property 310000
Goodwill 0
Other intangible assets 6929000
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 2717438000
Trade receivables, non-current
Loans, non-current 0
Other non-current financial assets 250964000
Total non-current financial assets 2968402000
Deferred tax assets (net)
Other non-current assets 891673000
Total non-current assets 4258353000
2 Current assets
Inventories 3067342000
Current financial asset
Current investments 0
Trade receivables, current 3186538000
Cash and cash equivalents 76223000
Bank balance other than cash and cash equivalents 1373064000
Loans, current 7119000
Other current financial assets 24038000
Total current financial assets 4666982000
Current tax assets (net)
Other current assets 202721000
Total current assets 7937045000
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 12195398000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1466988000
Other equity 5197490000
Total equity attributable to owners of parent 6664478000
Non controlling interest
Total equity 6664478000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 202847000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
Total non-current financial liabilities 202847000
Provisions, non-current 15349000
Deferred tax liabilities (net) 3362000
Deferred government grants, Non-current
Other non-current liabilities
Total non-current liabilities 221558000
Current liabilities
Current financial liabilities
Borrowings, current 4968176000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 211622000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 41964000
Total Trade payable 253586000
Other current financial liabilities 10925000
Total current financial liabilities 5232687000
Other current liabilities 8560000
Provisions, current 7277000
Current tax liabilities (Net) 60838000
Deferred government grants, Current
Total current liabilities 5309362000
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 5530920000
Total equity and liabilites 12195398000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified to profit or loss -1438000 -1143000
Total Amount of items that will not be reclassified to profit and loss -1438000 -1143000
2 Income tax relating to items that will not be reclassified to profit or loss -362000 -288000
3 Amount of items that will be reclassified to profit and loss
1 Items that will be reclassified to profit or loss 19882000 880000
Total Amount of items that will be reclassified to profit and loss 19882000 880000
4 Income tax relating to items that will be reclassified to profit or loss -4832000 -9614000
5 Total Other comprehensive income 23638000 9639000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 1458727000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 370220000
Adjustments for decrease (increase) in inventories -406031000
Adjustments for decrease (increase) in trade receivables, current -8091000
Adjustments for decrease (increase) in trade receivables, non-current -2173134000
Adjustments for decrease (increase) in other current assets -92921000
Adjustments for decrease (increase) in other non-current assets -3788000
Adjustments for other financial assets, non-current -2597000
Adjustments for other financial assets, current -20297000
Adjustments for other bank balances -4043000
Adjustments for increase (decrease) in trade payables, current -210254000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -468000
Adjustments for increase (decrease) in other non-current liabilities -5481000
Adjustments for depreciation and amortisation expense 95506000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current -3752000
Adjustments for provisions, non-current -4602000
Adjustments for other financial liabilities, current -2162000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 10840000
Adjustments for interest income 80083000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) -274000
Other adjustments for non-cash items -4043000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -2567135000
Net cash flows from (used in) operations -1108408000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 311994000
Other inflows (outflows) of cash 158556000
Net cash flows from (used in) operating activities -1261846000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 1700975000
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 0
Purchase of property, plant and equipment 0
Proceeds from sales of investment property 548279000
Purchase of investment property 123077000
Proceeds from sales of intangible assets 0
Purchase of intangible assets 8549000
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 10840000
Interest received 79979000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -1856979000
Net cash flows from (used in) investing activities -3050482000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 2600671000
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 1890095000
Repayments of borrowings 0
Payments of lease liabilities 22228000
Dividends paid 0
Interest paid 367007000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities 4101531000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -210797000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents -210797000
Cash and cash equivalents cash flow statement at beginning of period 133582000
Cash and cash equivalents cash flow statement at end of period -77215000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M/s. V J Shah & Co. Yes 31-May-2025


Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)
Mode of Fund Raising QIP
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 09-Aug-2024
Amount Raised 26999000
Report filed for Quarter ended 31-Mar-2025
Monitoring Agency Applicable
Monitoring Agency Name, if applicable CARE Ratings Limited
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation
Comments of the Audit Committee after review No Comments
Comments of the auditors, if any No Comments
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 Meeting working capital requirements Not Applicable 10000000 0 10000000 0
2 Investment in subsidiaries Not Applicable 14000000 0 14000000 0
3 General corporate purpose Not Applicable 1952000 1956000 1956000 0
4 Issue expenses Not Applicable 1047000 1043000 1043000 0


Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (2)
Mode of Fund Raising Preferential Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 19-Oct-2023
Amount Raised 10614000
Report filed for Quarter ended 31-Mar-2025
Monitoring Agency Applicable
Monitoring Agency Name, if applicable CARE Ratings Limited
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation
Comments of the Audit Committee after review No Comments
Comments of the auditors, if any No Comments
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 Working capital requirements Not Applicable 8532000 8532000 8532000 0
2 General Corporate purpose Not Applicable 2132000 2132000 2132000 0


Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (3)
Mode of Fund Raising Preferential Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 16-Jan-2024
Amount Raised 526000
Report filed for Quarter ended 31-Mar-2025
Monitoring Agency Not Applicable
Monitoring Agency Name, if applicable
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation
Comments of the Audit Committee after review No Comments
Comments of the auditors, if any No Comments
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 Working capital requirement Not Applicable 421000 0 421000 0
2 General Corporate Purpose Not Applicable 105000 0 105000 0


Signatory Details
Name of signatory tMangesh Chauhan
Designation of person Managing Director
Place Navi Mumbai
Date 27-May-2025




Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 SKY GOLD AND DIAMONDS LIMITEDt Mangesh Ramesh Chauhan Promoter, Managing Director, and CFO of the Listed Entity Remuneration 18000000 NA 11700000 0 0
2 SKY GOLD AND DIAMONDS LIMITED Darshan Ramesh Chauhan Promoter and Whole-Time Director of the Listed Entity Remuneration 18000000 NA 11700000 0 0
3 SKY GOLD AND DIAMONDS LIMITED Mahendra Champalal Chauhan Promoter and Whole-Time Director of the Listed Entity Remuneration 18000000 NA 11700000 0 0
4 SKY GOLD AND DIAMONDS LIMITED STARMANGALSUTRA PRIVATE LIMITED Wholly Owned Subsidiary of the Listed Entity Investment NA 1089788000 0 0
5 SKY GOLD AND DIAMONDS LIMITED SPARKLING CHAINS PRIVATE LIMITED Wholly Owned Subsidiary of the Listed Entity Investment NA 1109985000 0 0
6 SKY GOLD AND DIAMONDS LIMITED SITAARE GOLD AND DIAMONDS LIMITED Wholly Owned Subsidiary of the Listed Entity Investment NA 1000000 0 0
7 SKY GOLD AND DIAMONDS LIMITED Nikita Jain Company Secretary & Compliance Officer of the Listed Entity Remuneration NA 239000 0 0
Total value of transaction during the reporting period 2236112000