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Sovereign Diamonds reports Profit after tax of Rs 2.22 Mln, in the March 2022 quarter

21 May 2022 Evaluate
The Revenue for the quarter ended  March 2022 of Rs. 53.64 millions grew by 6.56 % from Rs. 50.34 millions.The Net proft of the company remain more or less same to Rs. 2.22  millions from Rs. 2.65 millions ,decline by -16.23%.The Operating Profit of the company witnessed a decrease to 5.67 millions from 6.43 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202203 202103 % Var 202203 202103 % Var 202203 202103 % Var
Sales 53.64 50.34 6.56 229.13 149.67 53.09 229.13 149.67 53.09
Other Income 1.63 1.51 7.95 6.57 6.30 4.29 6.57 6.30 4.29
PBIDT 5.67 6.43 -11.82 26.80 -0.47 -5802.13 26.80 -0.47 -5802.13
Interest 2.28 2.22 2.70 8.85 9.65 -8.29 8.85 9.65 -8.29
PBDT 3.39 4.21 -19.48 17.95 -10.12 -277.37 17.95 -10.12 -277.37
Depreciation 1.36 1.21 12.40 4.90 4.51 8.65 4.90 4.51 8.65
PBT 2.03 3.00 -32.33 13.05 -14.63 -189.20 13.05 -14.63 -189.20
TAX -0.19 0.35 -154.29 -0.28 0.26 -207.69 -0.28 0.26 -207.69
Deferred Tax -0.13 0.35 -137.14 -0.22 0.26 -184.62 -0.22 0.26 -184.62
PAT 2.22 2.65 -16.23 13.33 -14.89 -189.52 13.33 -14.89 -189.52
Equity 57.88 57.88 0.00 57.88 57.88 0.00 57.88 57.88 0.00
PBIDTM(%) 10.57 12.77 -17.24 11.70 -0.31 -3824.97 11.70 -0.31 -3824.97
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