Sovereign Diamonds standalone net profit declines 47.50% in the June 2016 quarter

Sales decline 9.73% to Rs 12.71 crore

Net profit of Sovereign Diamonds declined 47.50% to Rs 0.21 crore in the quarter ended June 2016 as against Rs 0.40 crore during the previous quarter ended June 2015. Sales declined 9.73% to Rs 12.71 crore in the quarter ended June 2016 as against Rs 14.08 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales12.7114.08 -10 OPM %7.168.95 -PBDT0.430.73 -41 PBT0.310.59 -47 NP0.210.40 -48

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