Sovereign Diamonds Ltd Q3FY22 net profit at Rs. 93.06 lakhs

SOVEREIGN DIAMONDS LTD. has reported Standalone financial results for the period ended December 31, 2021.

Financial Results (Q3 FY2022) - QoQ Comparison

The company has reported total income of Rs. 9.0293 crores during the period ended December 31, 2021 as compared to Rs. 6.3575 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 0.9306 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 0.7411 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 1.61 for the period ended December 31, 2021 as compared to Rs. 1.28 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹9.0293 crs	₹6.3575 crs	42.03%
Net Profit	₹0.9306 crs	₹0.7411 crs	25.57%
EPS	₹1.61	₹1.28	25.78%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs.9.0293 crores during the period ended December 31, 2021 as compared to Rs.5.7055 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.0.9306 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.-0.3105 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.1.61 for the period ended December 31, 2021 as compared to Rs.-0.54 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹9.0293 crs	₹5.7055 crs	58.26%
Net Profit	₹0.9306 crs	₹-0.3105 crs	399.71%
EPS	₹1.61	₹-0.54	398.15%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.18.0424 crores during the 9 Months period ended December 31, 2021 as compared to Rs.10.4118 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.1.1119 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.-1.7546 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.1.92 for the 9 Months period ended December 31, 2021 as compared to Rs.-3.03 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹18.0424 crs	₹10.4118 crs	73.29%
Net Profit	₹1.1119 crs	₹-1.7546 crs	163.37%
EPS	₹1.92	₹-3.03	163.37%

Shares of SOVEREIGN DIAMONDS LTD. was last trading in BSE at Rs. 13.30 as compared to the previous close of Rs. 13.28. The total number of shares traded during the day was 418 in over 11 trades.

The stock hit an intraday high of Rs. 13.75 and intraday low of 12.62. The net turnover during the day was Rs. 5531.00.

Source : Equity Bulls

Keywords

SovereignDiamonds Q3FY22 9MFY22 ResultUpdate