Sky Industries Announces Management Changes and Q1 FY26 Financial Results
Sky Industries Limited announced Q1 FY26 financial results and management changes. Revenue from operations decreased 13.7% YoY to Rs. 1,885.40 lakhs, while net profit fell 39.4% to Rs. 100.43 lakhs on a standalone basis. Consolidated results showed similar declines. The company appointed Mr. Vishnu Bania as Manager-Accounts and Senior Management Personnel, effective August 14, 2025. Mr. Swamidass Pauldevadason will retire as General Manager-Accounts and Taxation on August 13, 2025, but will continue as a consultant.
Sky Industries Limited reported a decline in financial performance for Q1 FY2026. Consolidated revenue decreased by 12.3% to Rs 1,922.85 lakhs, while net profit fell by 37.4% to Rs 99.38 lakhs compared to Q1 FY2025. The company announced management changes, including the appointment of Mr. Vishnu Bania as Manager-Accounts and the retirement of Mr. Swamidass Pauldevadason as General Manager-Accounts and Taxation.