Sapphire Textile Mills Ltd. reported standalone and consolidated earnings results for the second quarter and six months ended December 31, 2016. For the quarter, on standalone basis, the company reported sales and services were PKR 6,341,782,752 against PKR 5,693,033,481 a year ago. Profit from operations was PKR 1,218,288,329 against PKR 458,168,327 a year ago. Profit before taxation was PKR 972,856,908 against PKR 251,501,492 a year ago. Profit after taxation was PKR 1,026,550,032 or PKR 51.12 basic and diluted per share against PKR 192,271,279 or PKR 9.57 basic and diluted per share a year ago. For the six-month period, on standalone basis, the company reported sales and services were PKR 12,392,472,228 against PKR 11,299,284,288 a year ago. Profit from operations was PKR 2,122,227,182 against PKR 1,392,032,034 a year ago. Profit before taxation was PKR 1,686,190,802 against PKR 981,990,226 a year ago. Profit after taxation was PKR 1,627,052,774 or PKR 81.02 basic and diluted per share against PKR 826,577,162 or PKR 41.16 basic and diluted per share a year ago. For the quarter, on consolidated basis, the company reported sales and services were PKR 6,976,495,391 against PKR 6,181,939,210 a year ago. Profit from operations was PKR 1,069,501,033 against PKR 592,590,438 a year ago. Profit before taxation was PKR 696,548,914 against PKR 337,428,421 a year ago. Profit attributable to shareholders of the company was PKR 805,420,308 or PKR 40.10 basic and diluted per share against PKR 238,356,559 or PKR 11.87 basic and diluted per share a year ago. For the six-month period, on consolidated basis, the company reported sales and services were PKR 14,254,521,836 against PKR 11,963,056,207 a year ago. Profit from operations was PKR 2,409,078,711 against PKR 1,519,565,832 a year ago. Profit before taxation was PKR 1,741,287,162 against PKR 1,083,967,105 a year ago. Profit attributable to shareholders of the company was PKR 1,621,075,218 or PKR 80.72 basic and diluted per share against PKR 884,749,877 or PKR 44.05 basic and diluted per share a year ago.