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Sovereign Diamonds - Quaterly Results

14 Feb 2024 Evaluate
The company witnessed a 15.28% growth in the revenue at Rs. 75.08 millions for the quarter ended December 2023 as compared to Rs. 65.13 millions during the year-ago period.Profit for the quarter ended December 2023 rises by 93.13% to Rs. 4.50  millions from Rs. 2.33 millions.Operating profit for the quarter ended December 2023 rose to 10.48 millions as compared to 7.49 millions of corresponding quarter ended December 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202312 202212 % Var 202312 202212 % Var 202303 202203 % Var
Sales 75.08 65.13 15.28 203.56 216.53 -5.99 290.68 235.69 23.33
Other Income 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBIDT 10.48 7.49 39.92 27.26 25.84 5.50 35.57 26.80 32.72
Interest 3.14 3.03 3.63 9.49 8.15 16.44 11.37 8.85 28.47
PBDT 7.34 4.46 64.57 17.77 17.69 0.45 24.20 17.95 34.82
Depreciation 1.25 1.22 2.46 3.69 3.66 0.82 4.93 4.90 0.61
PBT 6.09 3.24 87.96 14.08 14.03 0.36 19.27 13.05 47.66
TAX 1.59 0.91 74.73 3.58 3.78 -5.29 5.17 -0.28 -1946.43
Deferred Tax 0.07 0.18 -61.11 0.07 0.24 -70.83 0.37 -0.22 -268.18
PAT 4.50 2.33 93.13 10.50 10.25 2.44 14.10 13.33 5.78
Equity 57.88 57.88 0.00 57.88 57.88 0.00 57.88 57.88 0.00
PBIDTM(%) 13.96 11.50 21.38 13.39 11.93 12.22 12.24 11.37 7.62
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