GOLDIAM INTERNATIONAL LIMITED
MANUFACTURERS & EXPORTERS OF JEWELLERY
REGISTERED OFFICE 
GEMS & JEWELLERY COMPLEX
SEEPZ , ANDHERI (EAST)
MUMBAI  -400096
Unaudited Financial Results for the Quarter ended on 30th September,2007
   
                      (Rs.in Lacs)
    Figures for the  Year to date Audited for Consolidated
Sr.               Particulars Quarter Ended on for the period ended on the year ended on Figures for the  Year to date Audited for
No.             Quarter Ended on for the period ended on the year ended on
    30.09.2007 30.09.2006 30.09.2007 30.09.2006 31.03.2007 30.09.2007 30.09.2006 30.9.2007 30.09.2006 31.03.2007
                       
                     
1   Net Sales/ Income from operations 2521.33 4322.60 4575.19 8588.55 16554.60 6171.59 6723.36 12220.80 14245.20 30398.58
                     
2   Other Income 62.35 163.14 100.59 374.07 568.28 80.82 166.59 118.35 354.60 402.49
                     
3   Total Income 2583.67 4485.74 4675.79 8962.62 17122.88 6252.41 6889.95 12339.15 14599.80 30801.07
                     
4   Expenditure                    
                     
a)  (Increase)/decrease in stock in trade          (48.95)            (42.75)              (116.09)                  (28.20)                    (58.06)                (6.04)               (15.43)          (125.87)          (9.40)                       (6.32)
                     
b)  Consumption of Raw Materials 1757.36 3036.78 3478.01 6465.08 12737.94 4641.89 4819.34 9742.03 10829.96 23814.53
                     
c)   Purchase of Traded Goods 186.97 5.86 235.22 46.14 104.31 165.94 2.19 198.45 31.10 60.89
                     
d)   Employees Cost 194.74 269.10 358.69 443.34 788.15 389.00 471.89 752.29 866.04 1685.49
                     
e)   Depreciation 50.28 40.93 98.68 71.67 184.86 93.98 82.56 185.21 150.08 325.48
                     
f)   Other expenditure 337.29 291.92 602.37 564.45 1259.65 559.22 459.25 1065.34 902.97 1971.08
                     
g)   Total 2477.69 3601.84 4656.90 7562.47 15016.84 5843.99 5819.81 11817.45 12770.76 27851.14
                     
5   Interest 5.29 12.77 16.00 26.42 68.61 68.35 79.91 141.36 165.02 333.49
                     
6   Exceptional Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
                     
7   Profit(+)/Loss(-) from Ordinary Activities before 100.70 871.12 2.89 1373.73 2037.43 340.07 990.23 380.35 1664.01 2616.44
    tax                    
                     
8   Tax Expenses 12.11 268.49                 14.73 412.35 610.50 15.28 275.86 17.80 416.67 606.76
                     
9   Net Profit(+)/Loss(-) from Ordinary Activities  88.59 602.63                (11.84)                 961.38                 1,426.94 324.79 714.38           362.55     1,247.35                  2,009.68
    after tax                    
                     
10   Extraordinary Items ( net of tax Expense  0.00 0.00 0.00 0.00 0.00     0.00 0.00 0.00
    Rs.                )                    
                     
11   Minority Interest 0.00 0.00 0.00 0.00 0.00 34.92 55.89 51.30 161.81 265.80
                     
12   Net Profit(+)/Loss(-) for the period. 88.59 602.63                (11.84)                 961.38                 1,426.94 289.87 658.48           311.25     1,085.53                  1,743.88
                        
13   Paid up Equity Share Capital 2703.28 2698.28 2703.28 2698.28 2703.28 2703.28 2698.28 2703.28 2698.28 2703.28
    (Face Value Rs.10/-)                    
                     
14   Reserves excluding revaluation 0.00 0.00 0.00 0.00 14342.60     0.00 0.00 15172.06
    reserves                    
                     
15   Earning Per Share (EPS)                    
  a) Basic and diluted EPS before Extraordinary                    
      items for the period for the year to date and                     
      for the previous year ( not to be annualised) 0.33 2.23                  (0.04) 3.56 5.28 1.07 2.44 1.15 4.02 6.45
                     
  b) Basic and diluted EPS after Extraordinary                    
      items for the period for the year to date and                     
      for the previous year ( not to be annualised) 0.33 2.23                  (0.04) 3.56 5.29 1.07 2.44 1.15 4.02 6.46
                     
16 Public Shareholdiang                    
  a) No. of Shares 13287263 12485799 13287263 12485799 13302263     0 0 0
  b) Percentage of shareholding 49.15 46.27 49.15 46.27 49.21     0 0 0
                     
                       
   
   
1 The above unaudited 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 31st October,2007  
2 The Company has only one segment of activity namely "Jewellery Manufacturing".  
3 The Institute of Chartered Accountants of India has issued a revised Accounting Standard (AS-15) of Employee Benefits and is effective to the company from April,2007.The Company is in the process of reviewing its
  liabilities in terms of revised Standard, however for the quarter followed the old standard and made necessary provision.  
4 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      
5 Seven complaints received during the quarter have been replied/redressed.No complaints is pending at the end of the quarter.  
6 Tax Expenses includes Current Tax,Deferred Tax and Fringe Benefit Tax.  
7 Company has forefeited 30,98,000 equity share warrant, as the balance payment was not received from respective holders BY 23.10.2007 as per the terms of the issue and SEBI Guidelines in this regard  and Rs.4,79,70,000/-  
  received from them by way of application money was credited to reserve account.  
8 The Stand alone results of the company is available on the Company's website www.goldiam.com and also available on Mumbai Stock Exchange and National Stock Exchange  
  websites www.bseindia.com and www.nseindia.com respectively.  
9 The figures in Rs.Lacs are rounded off to two decimals.  
  For Goldiam International limited
   
 
  Place : Mumbai Rashesh Bhansali
  Dated : 31st October,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 31.3.2008 31.3.2007 year ended year ended            
  On Previous year 31.12.2007 31.12.2006    Ended Ended Ended Ended         (GOLDIAM)   31.03.2008 31.03.2007            
  31.12.2007 Ended On       On 30.09.2006 6/30/2007 6/30/2006 30.09.2007 30.09.2006 31.03.2008 31.03.2007   (Audited) (Audited) 30.06.2007 30.09.2007 31.12.2007 30.06.2006 30.09.2006 31.12.2006
    31.12.2006       30.09.2007                                  
                                                 
1   Net Sales/ Income from operations   5452.14 4575.19 14040.70   4575.19 8588.55 2053.87 4265.95 2521.33 4322.60     (4,575.19)         2,513.90   16554.60   30398.58 6049.21 12220.80   7521.84 14245.20 23534.83
                                               
2   Other Income   265.39 100.59 639.45   100.59 374.07 38.25 210.93                       62.35         163.14        (100.59)             (71.17) 568.28   402.49           37.53 118.35           188.01 354.60 600.07
                                           
3   Total Income                -           5,717.52             4,675.79             14,680.15                          -             4,675.79            8,962.62        2,092.11     4,476.88                  2,583.67      4,485.74     (4,675.79)         2,442.72                   -       17,122.88               -       30,801.07       6,086.74     12,339.15              -         7,709.85     14,599.80  24,134.90
                                               
4   Expenditure                                            
                                               
a)  (Increase)/decrease in stock in trade               64.66              (116.09) 36.46   (116.09) (28.20) (67.14) 14.54 (48.95) (42.75)   (94.51)            (58.06)   (6.32)         (119.83)         (125.87)               6.03            (9.40)       (18.62)
                                               
b)  Consumption of Raw Materials   4178.21             3,478.01 10643.29   3478.01 6465.08 1720.65 3428.30 1757.36 3036.78     (3,478.01) 2094.65   12737.94   23814.53       5,100.14 9742.03         6,010.62 10829.96 18237.39
                                               
c)   Purchase of Traded Goods   23.56   69.70   235.22 46.14 48.25 40.28 186.97 5.86   34.60   104.31   60.89 32.50 198.45   28.91 31.10 44.73
                                               
d)   Employees Cost   136.58               358.69 579.92   358.69 443.34 163.96 174.24 194.74 269.10        (358.69) 208.22   788.15   1685.49 363.29 752.29   394.15 866.04 1228.81
                                               
e)   Depreciation   52.16 98.68 123.84   98.68 71.67 48.40 30.74 50.28 40.93         (98.68) 61.02   184.86   325.48 91.24 185.21   67.51 150.08 229.87
                                               
f)   Other expenditure 236.81               602.37 801.25 602.37 564.45 265.09 272.53 337.29 291.92        (602.37) 458.40   1259.65   1971.08 506.12 1065.34   443.72 902.97 1366.68
     
g)   Total 0.00 4691.98 4421.68 12254.46 0.00 4656.90 7562.47 2179.21 3960.63 2477.69 3601.84 -4537.76 2762.38 0.00 15016.84 0.00 27851.14 5973.46 11817.45 0.00 6950.96 12770.76 21088.88
                                               
5   Interest   14.70 16.00 41.12   16.00 26.42 10.72 13.64 5.29 12.77         (16.00) 27.48   68.61   333.49 73.00 141.36   85.11 165.02 239.25
                                               
6   Exceptional Items   0 0 0 0
                                               
7   Profit(+)/Loss(-) from Ordinary Activities before 0.00 1010.85 238.11 2384.57 0.00 2.89 1373.73           (97.81) 502.60 100.70 871.12 -122.02           (347.14) 0.00 2037.43 0.00 2616.44 40.28 380.35 0.00 673.78 1664.01 2806.78
    tax                                            
                                               
8   Tax Expenses              297.50   709.85                 14.73              412.35 2.62 143.86                       12.11 268.49 0             (99.34)   610.50   606.76 2.52 17.80   140.81         416.67 715.21
                                               
9   Net Profit(+)/Loss(-) from Ordinary Activities  0.00 713.34 238.11 1674.72 0.00              (11.84) 961.38          (100.43) 358.74 88.59 602.63 -122.02           (247.79) 0.00 1426.94 0.00 2009.68 37.76 362.55 0.00 532.97 1247.35 2091.56
    after tax                                            
                                               
10   Extraordinary Items ( net of tax Expense    0.00 0.00 0.00 0.00 0.00 0.00                 -   0.00 0.00 0.00               -   0.00 0.00 0.00 0.00 0.00                -   0.00 0.00 0.00 0.00 0.00
    Rs.                )                                            
                                               
11   Minority Interest                                         265.80           16.38 51.30          (105.92) 161.81 247.62
                                               
12   Net Profit(+)/Loss(-) for the period.                -              713.34               238.11              1,674.72                          -                (11.84)              961.38          (100.43)        358.74                       88.59         602.63        (122.02)           (247.79)                   -        1,426.94               -        1,743.88           21.38          311.25              -           427.05       1,085.53    1,843.94
                                                  
13   Paid up Equity Share Capital   2698.28 2698.28 2698.28   2703.28 2698.28 2703.28 2698.28 2703.28 2698.28      2,703.28 2703.28   2703.28   2703.28 2703.28 2703.28   2698.28 2698.28 2698.28
    (Face Value Rs.10/-)                                              
                                                 
14   Reserves excluding revaluation     0.00 0.00   0.00 0.00 0.00             14342.60   15172.06            
    reserves                                              
                                                 
15   Earning Per Share (EPS)                                              
  a) Basic and diluted EPS before Extraordinary                                              
      items for the period for the year to date and                                               
      for the previous year ( not to be annualised)   2.64 0.88 6.21   -0.04 3.56             (0.37) 1.33 0.33 2.23               -                (0.92)   5.28   6.45             0.08 1.15   1.58 4.02 6.83
     
  b) Basic and diluted EPS after Extraordinary  
      items for the period for the year to date and                                               
      for the previous year ( not to be annualised)   2.64 0.88 6.21   -0.04 3.56             (0.37) 1.33 0.33 2.23           (0.45)              (0.92)   5.29   6.46             0.08 1.15   1.58 4.02 6.83
                                                 
16 Public Shareholdiang                                              
  a) No. of Shares   12402263 12402263 12034700   13287263 12485799 13302263 12514241 13287263 12485799 13302263 13302263   13302263                
  b) Percentage of shareholding   45.96 45.96 45.53   49.15 46.27 49.21 46.38 49.15 46.27 49.21 49.21   49.21                
                                                 
                                   
  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