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Sovereign Diamonds standalone net profit declines 19.57% in the September 2017 quarter

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Capital Market

Sales decline 32.40% to Rs 11.06 crore

Net profit of Sovereign Diamonds declined 19.57% to Rs 0.37 crore in the quarter ended September 2017 as against Rs 0.46 crore during the previous quarter ended September 2016. Sales declined 32.40% to Rs 11.06 crore in the quarter ended September 2017 as against Rs 16.36 crore during the previous quarter ended September 2016. ParticularsQuarter EndedSep. 2017Sep. 2016% Var.Sales11.0616.36 -32 OPM %10.678.01 -PBDT0.740.81 -9 PBT0.610.69 -12 NP0.370.46 -20

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First Published: Dec 02 2017 | 12:50 PM IST

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