PJSC ALROSA reported earnings results for the first quarter of 2017. For the quarter, the company reported revenue totaled RUB 84.8 billion up 38% quarter-on-quarter and down 17% year-on-year. EBITDA totaled RUB 35.2 billion, with EBITDA margin totaled 42%. Net income totaled RUB 22.7 billion. In first quarter of 2017, the company delivered better results compared to late 2016, due to the recovery of demand from Indian rough diamond consumers after a temporary decline caused by the monetary reform.