Sky Gold and Diamonds ' Managing Director Mangesh Chauhan expects the company's operating cash flow to turn positive from the financial year ending in March 2027 (FY27).

The jewellery maker reported an 81% year-on-year growth in net profit in the second quarter this year. However, the company's operating cash flow has remained negative for the last five years.

"Our company is into hyper growth. We are growing by 40-50% growth. So that's why we are cash flow negative till 2027 March, and after 2027 March, we will be 100% cash flow positive company," he said.

He explained that Sky Gold has reduced its receivables cycle from 73 days in March to 65 days currently. However, receivables have risen in absolute terms alongside an increase in volumes. "We have grown volume by 20% and revenue by

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