Sapphire Textile Mills Ltd. reported standalone and consolidated earnings results for the first quarter ended September 30, 2017. For the quarter, on standalone basis, the company reported sales and services of PKR 6,511,980,446 against PKR 6,050,689,476 a year ago. Profit from operations was PKR 979,347,052 against PKR 903,938,853 a year ago. Profit before taxation was PKR 671,921,659 against PKR 713,333,894 a year ago. Profit after taxation was PKR 490,294,173 or PKR 24.41 per basic and diluted share against PKR 600,502,742 or PKR 29.90 per basic and diluted share a year ago. For the quarter, on consolidated basis, the company reported sales and services of PKR 7,929,786,932 against PKR 7,278,026,445 a year ago. Profit from operations was PKR 863,888,680 against PKR 1,339,577,678 a year ago. Profit before taxation was PKR 432,689,735 against PKR 1,044,738,248 a year ago. Profit after taxation attributable to the parent company was PKR 136,926,857 or PKR 6.82 per share against PKR 924,838,285 or PKR 40.61 per share a year ago.