GOLDIAM INTERNATIONAL LIMITED
  REGISTERED OFFICE 
  GEMS & JEWELLERy COMPLEX
  SEEPZ , ANDHERI (EAST)
  MUMBAI  -400096
  Audited Financial Results for the Year ended   31st March, 2007
  
                                                                                                                                                                     (RS.IN LACS)
     For the  Nine Months Audited  Consolidated Audited
Sr.               Particulars Quarter Ended on Ended on For the Year  For the Year 
No.         Ended Ended
    31.03.2007 31.03.2006 31.12.06 31.12.05 31.03.2007 31.03.2006 31.03.2007 31.03.2006
                 
1 Net Sales/ Income from operations 2513.90 3444.85 14040.70 11268.40 16554.60 14713.24 30398.58 22872.48
                 
2 Other Income          (71.17) 135.90 639.45 653.45 568.28 789.35 402.49 763.97
                 
3 Total Expenditure              
                 
a) (Increase)/decrease in stock in trade          (94.51)           (281.02)                 36.46                  (48.52)                    (58.06)             (329.54)                 (6.32) (371.80)
                 
b) Consumption of Raw Materials 2129.25 2655.85 10712.99 8472.19 12842.24 11128.04 23875.42 17601.39
                 
c) Staff Cost 208.22 233.97 579.92 631.02 788.15 865.00 1685.49 1302.54
                 
d) Other expenditure 458.40 390.80 801.25 707.67 1259.65 1098.47 1971.08 1535.71
    2701.36 2999.60 12130.62 9762.34 14831.98 12761.96 27525.66 20067.84
                 
4 Interest 27.48 10.70 41.12 8.72 68.61 19.43 333.49 142.41
                 
5 Depreciation  61.02 30.91 123.84 96.02 184.86 126.93 325.48 204.67
                 
6 Profit(+)/Loss(-) beforeTax      (347.14) 539.52 2384.57 2054.76 2037.43 2594.27 2616.44 3221.53
                 
7 Provision for Taxation               
  A)  Current tax          (52.74) 40.29 714.00 75.70 661.26 115.99 675.79 129.74
  B)  Deferred Tax          (50.99) 7.06                (10.08) 12.25                    (61.08) 19.31                81.90 14.93
  C)  Fringe Benefit Tax            4.39 0.00 5.93 9.04 10.32 11.57 12.87 14.32
                 
8 Net Profit(+)/Loss(-) after tax        (247.79) 492.16 1674.72 1957.77 1426.94 2447.40 2009.68 3062.54
                 
  Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 265.80 344.94
                 
9 Net Profit        (247.79) 492.16 1674.72 1957.77 1426.94 2447.40 1743.88 2717.60
                 
10 Paid up Equity Share Capital 2703.28 2698.28 2698.28 2643.28 2703.28 2698.28 2703.28 2698.28
  (Face Value Rs.10/-)              
                 
11 Reserves excluding revaluation                -                    -                        -                          -   14342.60 13461.57          15,172.06 13989.27
  reserves              
                 
12 Basic and diluted EPS for the period,for the              
  year to date and for the previous year (not              
  to be annualised)              
  A) BASIC           (0.92) 1.82 6.21 7.41 5.28 9.07 6.45 10.07
  B) DILUTED           (0.92) 1.85 6.21 7.41 5.29 9.24 6.46 10.26
               
                 
13 Aggregate of Non Promoter Shareholding              
                 
  a) No.of Shares 13302263 12584700 12402263 12034700 13302263 12584700 0 0
  b) Percentage of shareholding 49.21 46.64 45.96 45.53 49.21 46.64 0.00 0.00
                 
                   
1) The above Audited results have been duly considered by the Audit Committee and were taken on record by the Board of Directors of the Company at its meeting held on 29th June,2007
2) The Company has only one segment of activity namely "Jewellery Manufacturing".  
3) Consolidated financial statements of the Company and its subsidiarIies have been prepared as per Accounting Standard AS 21 issued by The Institute of Chartered Accountants of India.    
4) The Sixteen complaints received during the quarter have been replied/redressed.No complaints are pending at the end of the year.  
5) The Company has opened 57 retail outlets of Silver Jewellery upto end of March 2007.The initial response from these retail outlets is highly encouraging.
6) Consolidated results represents our subsidiary Diagold Designs Ltd (50.99%),Goldiam HK Ltd (50.27%),Goldiam Jewels Ltd (50.55%)and 100% Subsidiary Goldiam Jewellery Ltd.
  Goldiam Jewels Ltd and Goldiam Jewellery Limited went into operation in Current fiscal year.
7) Goldiam Jewellery Ltd a 100% subsidiary situated at Seepz-Sez  has commenced its commercial production from 16th January,2007  
8) The figures in Rs. Lacs are rounded off to two decimals  
                                                                                                                                                                                         FOR GOLDIAM INTERNATIONAL LIMITED
   
   
        Place : Mumbai                                                                                                                                                                                                   Rashesh M.Bhansali
        Dated:29th June,2007                                                                                                                                                                       VICE CHAIRMAN &  MANAGING DIRECTOR        
                   
depreciation on goodwill
                                   
                                                    GOLDIAM INTERNATIONAL LIMITED  
                                                                          REGISTERED OFFICE                                                                      
                                                               GEMS & JEWELLERy COMPLEX  
                                                                       SEEPy , ANDHERI (EAST)  
                                                                                   MUMBAI  -400096  
   
                                                                                                 Unaudited Financial Results (Provisional) for 2004 and 2005  
    
                                                                                                                                                                                                                (RS.IN LACS)          
                          Current Previous Consolidated Consolidated CONSOLIDATED FIGURES
Sr.               Particulars Quarter Corresponding Nine Months   Nine Months     Six months Six  Three Three For The For The For The For The year ended year Ended accounting accounting FOR THEQUARTER ENDED
No. Ended quarter In Ended on Ended on     Months Months Months quarter quarter quarter quarter 31.3.2007 31.3.2006 year ended year ended            
  On Previous year 31.12.2006 31.12.2005    Ended Ended Ended Ended         (GOLDIAM)   31.03.2007 31.03.2006            
  31.12.2006 Ended On       On 30.09.2005 6/30/2006 6/30/2005 30.09.2006 30.09.2005 31.03.2007 31.03.2006   (Audited) (Audited) 30.06.2006 30.09.2006 31.12.2006 30.06.2005 30.09.2005 31.12.2005
    31.12.2005       30.09.2006                                  
                                                 
1   Net Sales/ Income from operations 5452.14 5002.98 14040.70 11268.40   8588.55 6265.42 4265.95 3009.94 4322.60 3255.47      2,513.90         3,444.85 16554.60 14713.24 30398.58 22872.48 7521.84 14245.20 23534.83 4940.09 10020.20 17278.15
                                                 
2   Other Income 265.39 172.44 639.45 653.45   374.07 481.01 210.93 102.78         163.14         378.23         (71.17)            135.90 568.28 789.35 402.49 763.97          188.01 354.60 600.07 98.65 481.70 659.33
                                                 
3   Total Expenditure                                              
                                                 
a) (Increase)/decrease in stock in trade           64.66            (50.10)                 36.46 (48.52)   (28.20) 1.58 14.54 (114.76) (42.75) 116.34         (94.51) (281.02)             (58.06)        (329.54) (6.32) (371.80)             6.03            (9.40)        (18.62)        (121.74)            (5.64)       (40.05)
                                                 
b) Consumption of Raw Materials 4201.77 3509.79           10,712.99 8472.19   6511.22 4962.40 3468.58 2536.50 3042.64 2425.90      2,129.25 2655.85 12842.24 11128.04 23875.42 17601.39       6,039.54 10861.07 18282.13 4078.10 7899.87 13218.13
                                                 
c) Staff Cost 136.58 325.58               579.92 631.02   443.34 305.44 174.24 154.81 269.10 150.63         208.22 233.97 788.15 865.00 1685.49 1302.54 394.15 866.04 1228.81 223.59 478.08 876.42
                                                 
d) Other expenditure 236.81 248.89               801.25 707.67   564.45 458.76 272.53 219.13 291.92 239.64         458.40 390.80 1259.65 1098.47 1971.08 1535.71 443.72 902.97 1366.68 300.23 576.56 952.76
    4639.82 4034.16 12130.62 9762.34   7490.80 5728.18 3929.89 2795.68 3560.91 2932.51      2,701.36 2999.60 14831.98 12761.96 27525.66 20067.84 6883.45 12620.69 20859.01 4480.18 8948.87 8948.87
                                                 
4 Interest 14.70 8.72 41.12 8.72   26.42 0.00 13.64 0.00 12.77 0          27.48 10.70 68.61 19.43 333.49 142.41 85.11 165.02 239.25 46.24 78.67 152.36
                                                 
5 Depreciation 52.16 33.22 123.84 96.02   71.67 62.80 30.74 30.67 40.93 32.13          61.02 30.91 184.86 126.93 325.48 204.67 67.51 150.08 229.87 47.05 96.04 147.03
                                                 
6 Profit(+)/Loss(-) beforeTax 1010.85 1099.32 2384.57 2054.76   1373.73 955.45 502.60 286.38 871.12 669.06        (347.14) 539.52 2037.43 2594.27 2616.44 3221.53 673.78 1664.01 2806.78 465.27 1378.32 1378.32
                                                 
7 Provision for Taxation                                              
  A)  Current tax 309.00 47.20 714.00 75.70   405.00 28.50 137.50 9.00 267.50 19.50         (52.74) 40.29 661.26 115.99 675.79 129.74 137.50 411.25 720.25 9.19 38.36 87.41
  B)  Deferred Tax          (14.10) 5.50 (10.08) 12.25   4.02 6.75 4.06 3.25           (0.04) 3.50         (50.99) 7.06             (61.08) 19.31 81.90 14.93 0.34 0.96        (12.93) 3.44 5.83 9.33
  C)  Fringe Bebefit Tax 2.60 2.60 5.93 9.04   3.33 6.44 2.30 3.82 1.03 2.62            4.39 0.00 10.32 11.57 12.87 14.32 2.97 4.46 7.89 4.44 7.57 11.42
                                                 
8 Net Profit(+)/Loss(-) after tax 713.34 1044.02 1674.72 1957.77   961.38 913.76 358.74 270.31 602.63 643.44        (247.79) 492.16 1426.94 2447.40 2009.68 3062.54 532.97 1247.35 2091.56 448.20 1326.56 1326.56
                                                 
  Minority Interest                               265.80         344.94 105.92 161.81 247.62 87.51 184.64 277.85
                                                 
  Net Profit   1044.02 1674.72 1957.77   961.38 913.76 358.74 270.31 602.63 643.44        (247.79) 492.16 1426.94 2447.40 1743.88 2717.60          427.05       1,085.53    1,843.94         360.68       1,141.92    1,141.93
                                                    
9   Paid up Equity Share Capital 2698.28 2643.28 2698.28 2643.28   2698.28 2643.28 2698.28 1321.64 2698.28 2643.28      2,703.28 2698.28 2703.28 2698.28 2703.28 2698.28 2698.28 2698.28 2698.28 1321.64 2643.28 2643.28
    (Face Value Rs.10/-)                                              
                                                 
10   Reserves excluding revaluation   0.00 0.00 0.00   0.00 0.00   0.00         14342.60 13461.57 15172.06 13989.27            
    reserves                                              
                                                 
11 Basic and diluted EPS for the period, for the                                              
  year to date and for the previous year (not                                              
  to be annualised)                                              
                                                 
a) Basic 2.64 3.95 6.21 7.41   3.56 3.46 1.33 2.05 2.23 2.43           (0.92) 1.82 5.28 9.07 6.45 10.07 1.58 4.02 6.83 2.73 4.32 4.32
b) Diluted 2.64 3.95 6.21 7.41   3.56 3.46 1.33 2.05 2.23 2.43           (0.92) 1.85 5.29 9.24 6.46 10.26 1.58 4.02 6.83 2.73 4.32 4.32
                                                 
12 Aggregate of Non Promoter Shareholding                                              
                                                 
  a) No. of Shares 12402263 12034700 12402263 12034700   12485799 12034700 12514241 6017350 12485799 12034700 13302263 12584700 13302263 12584700                
  b) Percentage of shareholding 45.96 45.53 45.96 45.53   46.27 45.53 46.38 45.53 46.27 45.53 49.21 46.64 49.21 46.64                
                                                 
                                                 
                                   
  1)            The above unaudited quarterly Financial Results of the Company have been taken on  record by the Board of Directors   
     at the meeting held on 14th January,2000.  
   
#2)             The Company has bought back 1900 Equity shares of Rs.10/- each at the rate of Rs.32.50 per share during the quarter under review.  
   
   
   
                                                                                                                       FOR  GOLDIAM INTERNATIONAL  LTD  
   
   
        Place : Mumbai                                                                                               Rashesh M.Bhansali  
        Dated:  14th Janauary,2000                                                                        MANAGING DIRECTOR