Sovereign Diamonds Limited announced earnings results for the fourth quarter ended March 31, 2020. For the fourth quarter, the company announced total revenue was INR 94.534 million compared to INR 98.855 million a year ago. Net income was INR 8.789 million compared to net loss of INR 645,000 a year ago. Basic earnings per share was INR 1.52 compared to basic loss per share of INR 0.11 a year ago. For the full year, total revenue was INR 329.164 million compared to INR 402.549 million a year ago. Net income was INR 357,000 compared to INR 2.779 million a year ago. Basic earnings per share was INR 0.06 compared to INR 0.48 a year ago.