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Sovereign Diamonds reports Profit after tax of Rs 9.30 Mln, in the December 2021 quarter

29 Jan 2022 Evaluate
The turnover is pegged at Rs. 90.29 millions for the December 2021 quarter. The mentioned figure indicates a rise of about 58.24% as against Rs. 57.06 millions during the year-ago period.The Total Profit for the quarter ended December 2021 of Rs. 9.30 millions grew from Rs.-3.10 millions Operating profit Margin for the quarter ended December 2021 improved to 12.76% as compared to -0.31% of corresponding quarter ended December 2020


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202112 202012 % Var 202112 202012 % Var 202103 202003 % Var
Sales 90.29 57.06 58.24 178.83 102.26 74.88 155.97 329.17 -52.62
Other Income 0.00 0.00 0.00 1.60 1.87 -14.44 0.00 0.00 0.00
PBIDT 12.76 -0.31 -4216.13 21.14 -6.89 -406.82 -0.47 17.30 -102.72
Interest 2.25 2.23 0.90 6.57 7.43 -11.57 9.65 11.95 -19.25
PBDT 10.51 -2.54 -513.78 14.57 -14.32 -201.75 -10.12 5.35 -289.16
Depreciation 1.23 0.69 78.26 3.55 3.30 7.58 4.51 4.59 -1.74
PBT 9.28 -3.23 -387.31 11.02 -17.62 -162.54 -14.63 0.76 -2025.00
TAX -0.02 -0.13 -84.62 -0.09 -0.09 0.00 0.26 0.39 -33.33
Deferred Tax -0.02 -0.13 -84.62 -0.09 -0.09 0.00 0.26 0.09 188.89
PAT 9.30 -3.10 -400.00 11.11 -17.53 -163.38 -14.89 0.37 -4124.32
Equity 57.88 57.88 0.00 57.88 57.88 0.00 57.88 57.88 0.00
PBIDTM(%) 14.13 -0.54 -2701.18 11.82 -6.74 -275.45 -0.30 5.26 -105.73
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