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Sky Industries Ltd consolidated sales down 9.28% on year in Q2FY2026, net profit tanked by 25.95%
14-Aug-2026, 03:35
Sky Industries Ltd share price declined by 1.98% to Rs 88.55 after the company's net profit plunged by 25.95% to Rs 1.37 crore, while revenue from operations eased by 9.28% to Rs 19.15 crore in Q2FY26 over Q1FY26. The market capitalization of Other Textile Products industry group stocks on BSE stood at Rs 1.65 lakh crore, gaining 2.62%. It has slipped by 1.83% over last one week and moving up by 14.65% in last one month while the market capitalization of Sky Industries Ltd has softened by 7.76% and 1.51% in the same period respectively. Profit before tax (PBT) of Sky Industries Ltd stood at Rs 1.78 crore in Q2 FY26, rallying 33.83% year-on-year, and tanking 27.35% quarter-on-quarter. EBITDA came in at Rs 2 crore, surging by 28.93% YoY and crashing by 61.95% sequentially. Total expenses slightly declined by 1.95% to Rs 17.64 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 10.13 crore, slumping by 25.68% YoY, while employee benefits expense was at Rs 2.09 crore, ticking higher by 6.09% YoY. For the TTM ended FY26, revenue from operations posted a slight growth of 2.76% to Rs 86.41 crore, while net profit rose by 14.26% to Rs 6.65 crore, compared to previous TTM. EBITDA surged by 722% to Rs 11.19 crore, and PBT saw a minor gain of 9.73% to Rs 8.57 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 5.73 crore in FY26, as against Rs 4.09 crore in FY25. Sky Industries Ltd slipped 4.84% in last one year, significantly underperforming the benchmark BSE Sensex which has eased by 3.05% during the same period.