Sovereign Diamonds Limited announced earnings results for the second quarter ended September 30, 2019. For the second quarter, the company announced sales was INR 31.724 million compared to INR 101.310 million a year ago. Net loss was INR 8.701 million compared to net income of INR 494,000 a year ago. Basic loss per share was INR 1.5 compared to basic earnings per share of INR 0.09 a year ago. For the half year, sales was INR 120.902 million compared to INR 191.774 million a year ago. Net loss was INR 11.554 million compared to net income of INR 1.218 million a year ago. Basic loss per share was INR 2 compared to basic earnings per share of INR 0.21 a year ago.