Sovereign Diamonds reports standalone net profit of Rs 0.88 crore in the March 2020 quarter

Sales decline 6.68% to Rs 9.22 crore

Jun 27, 2020 01:06 IST capital market

Net profit of Sovereign Diamonds reported to Rs 0.88 crore in the quarter ended March 2020 as against net loss of Rs 0.06 crore during the previous quarter ended March 2019. Sales declined 6.68% to Rs 9.22 crore in the quarter ended March 2020 as against Rs 9.88 crore during the previous quarter ended March 2019.

For the full year,net profit declined 85.71% to Rs 0.04 crore in the year ended March 2020 as against Rs 0.28 crore during the previous year ended March 2019. Sales declined 19.40% to Rs 32.44 crore in the year ended March 2020 as against Rs 40.25 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear Ended
?Mar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.
Sales9.229.88 -7 32.4440.25 -19
OPM %13.884.66 -5.366.16 -
PBDT0.990.08 1138 0.540.90 -40
PBT0.91-0.06 LP 0.080.40 -80
NP0.88-0.06 LP 0.040.28 -86

Powered by Capital Market - Live News

Related Story