Sovereign Diamonds Limited announced earnings results for the fourth quarter ended March 31, 2019. For the fourth quarter, the company announced sales was INR 98.841 million compared to INR 87.156 million a year ago. Net loss was INR 644,000 compared to net income of INR 147,000 a year ago. Basic loss per share was INR 0.11 compared to basic earnings per share of INR 0.03 a year ago. For the full year, sales was INR 402.538 million compared to INR 370.221 million a year ago. Net income was INR 2.779 million compared to INR 7.890 million a year ago. Basic earnings per share was INR 0.48 compared to INR 1.36 a year ago.