Sovereign Diamonds standalone net profit rises 62.50% in the March 2015 quarter

Sales rise 39.91% to Rs 20.65 crore

Net profit of Sovereign Diamonds rose 62.50% to Rs 0.65 crore in the quarter ended March 2015 as against Rs 0.40 crore during the previous quarter ended March 2014. Sales rose 39.91% to Rs 20.65 crore in the quarter ended March 2015 as against Rs 14.76 crore during the previous quarter ended March 2014.

For the full year,net profit rose 81.37% to Rs 1.85 crore in the year ended March 2015 as against Rs 1.02 crore during the previous year ended March 2014. Sales rose 50.03% to Rs 60.01 crore in the year ended March 2015 as against Rs 40.00 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales20.6514.76 40 60.0140.00 50 OPM %7.808.33 -8.629.25 - PBDT1.100.79 39 3.162.01 57 PBT1.040.67 55 2.791.57 78 NP0.650.40 63 1.851.02 81

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