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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Sovereign Diamonds Ltd

Sovereign Diamonds Q2 FY27: Net Loss of (62.37) Lakhs on (44.22) Lakhs Operations Income

RESULTS ▼ Concern Flagged HIGH RISK
📅 Filed on BSE: 24 Oct 2026, 01:48 PM IST  ·  BSE ID: cd088c16-6bb7-4344-87b1-3be2c223b959
View Original BSE Filing (PDF)
💡
In Simple Terms
Sovereign Diamonds announced its latest financial results, showing a loss of (62.37) Lakhs for the last quarter.
🤖 AI Summary
  • Sovereign Diamonds reported an un-audited net loss of (62.37) Lakhs for the quarter ended September 30, 2026.
  • Income from operations for the quarter ended September 30, 2026, was (44.22) Lakhs.
  • For the half year ended September 30, 2026, the company posted a net loss of (119.45) Lakhs.
  • Total income for the quarter was 70.99 Lakhs; half-year total income was 220.24 Lakhs.
  • Basic and diluted earnings per share for the quarter were (1.08) per share (Face Value of Rs. 10/- each).
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net sales / Income from Operations (Q2 FY27)
-44.22 Lakhs
Net sales / Income from Operations (Q2 FY26)
132.87 Lakhs
Net Profit / (Loss) for the period after tax (Q2 FY27)
-62.37 Lakhs
Net Profit / (Loss) for the period after tax (Q2 FY26)
10.30 Lakhs
Net Profit / (Loss) for the half year ended 30-Sep-2026
-119.45 Lakhs
Earnings per Share - Basic (Q2 FY27)
-1.08
Total Equity as on 30-Sep-2026
1,119.30 Lakhs
🏢 How This Affects the Company
📈
Business Impact
The negative income from operations of (44.22) Lakhs for the quarter suggests a contraction in core business activity, impacting revenue generation directly.
💰
Financial Impact
The net loss of (62.37) Lakhs for the quarter and (119.45) Lakhs for the half-year impacts the company's profitability, contributing to a reduction in Other Equity from 660.82 Lakhs to 540.50 Lakhs.
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Risk Impact
The continued losses, including negative income from operations, indicate an increased financial risk for the company, particularly concerning sustained profitability.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the reported net losses for the quarter and half-year, which impact the company's overall financial health and Other Equity, reducing it from 660.82 Lakhs to 540.50 Lakhs.
🔍
Management Signal
The management's approval and record-taking of these results indicate adherence to regulatory disclosure requirements, signaling transparency regarding current financial performance.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Q3 FY27 financial results — check for improvements in income from operations.
Board meeting outcomes — monitor for strategic decisions regarding business performance.
Statement of Assets and Liabilities as of 31-Mar-2027 — assess changes in financial position.
HIGH RISK Negative income from operations and sustained net losses for both the quarter and half-year indicate significant financial challenges.
💡 Investor Takeaway
Sovereign Diamonds recorded a net loss of (62.37) Lakhs for Q2 FY27, a significant decline from a net profit of 10.30 Lakhs in Q2 FY26. Income from operations for the quarter was (44.22) Lakhs, down from 132.87 Lakhs YoY. For the half year, net loss was (119.45) Lakhs.
⚖️ Strengths & Concerns

⚠️ Concerns

  • Net sales/Income from operations for the quarter ended September 30, 2026, was negative (44.22) Lakhs, significantly lower than 132.87 Lakhs in the prior comparable quarter.
  • The company reported a Net Loss after tax of (62.37) Lakhs for the quarter, compared to a profit of 10.30 Lakhs in the same period last year.
📅 Company Track Record
Previous filings confirm the Board of Directors meetings were held on October 24, 2026, and August 14, 2026, to approve the Q2 FY27 and Q1 FY27 un-audited financial results, respectively. This filing follows the announced schedule for Q2 FY27 results.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What was Sovereign Diamonds Ltd.'s net profit/loss for Q2 FY27?
Sovereign Diamonds Ltd. reported a Net Loss for the period after tax of (62.37) Lakhs for the quarter ended September 30, 2026.
What was the income from operations for Sovereign Diamonds Ltd. in Q2 FY27?
Income from Operations for Sovereign Diamonds Ltd. for the quarter ended September 30, 2026, was (44.22) Lakhs.
What was Sovereign Diamonds Ltd.'s Net Profit/Loss for the half year ended September 30, 2026?
Sovereign Diamonds Ltd.'s Net Profit/(Loss) for the half year ended September 30, 2026, was (119.45) Lakhs.
What were the basic earnings per share for Sovereign Diamonds Ltd. in Q2 FY27?
Basic earnings per share for Sovereign Diamonds Ltd. for the quarter ended September 30, 2026, were (1.08) per share (Face Value of Rs. 10/- each).
What was the total equity of Sovereign Diamonds Ltd. as of September 30, 2026?
The total equity of Sovereign Diamonds Ltd. as of September 30, 2026, was 1,119.30 Lakhs, with Other Equity at 540.50 Lakhs.

Questions based on this BSE filing only. For information purposes.

⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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