Sky Gold Q2 Profit Rises 91%; Board Approves ₹1,800 Crore Fund Raise
Consolidated net profit rose to ₹128 crore from ₹67 crore a year earlier. Shares gained 5% after the results, and the board approved a ₹1,800 crore fund raise.
Shares of Sky Gold and Diamonds Ltd. gained on Tuesday, October 27, after the company reported a sharp rise in its September-quarter earnings, with consolidated net profit rising 91% year-on-year to ₹128 crore from ₹67 crore in the corresponding quarter last year.Revenue from operations increased 6…