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 31st December,2008
												(Rs.in Lacs)
			Figures for the		Year to date for		Audited for the	Consolidated
	Sr.	Particulars	Quarter Ended on		the period ended on		year ended on	Figures for the		Year to date for		Audited for the
	No.							Quarter Ended on		the period ended on		year ended on
			31.12.2008	31.12.2007	31.12.2008	31.12.2007	31.03.2008	31.12.2008	31.12.2007	31.12.2008	31.12.2007	31.03.2008
	1	Net Sales/ Income from operations	1,816.72	3,818.75	4,583.22	8,393.95	9,411.43	6,610.86	10,410.06	18,790.12	22,630.87	28,064.75
	2	Expenditure
	a)	(Increase)/decrease in stock in trade	81.64	(102.00)	99.67	(218.08)	(299.62)	(376.03)	(68.13)	(252.56)	(194.00)	(395.23)
	b)	Consumption of Raw Materials	1,227.30	3,316.87	3,254.66	6,794.89	7,294.18	5,410.97	8,826.44	14,955.65	18,568.47	22,823.43
	c)	Purchase of Traded Goods	25.35	223.02	352.63	458.23	644.58	25.35	179.88	352.63	378.32	549.69
	d)	Employees Cost	335.06	150.55	619.42	509.25	664.25	626.75	367.51	1,388.75	1,119.80	1,523.36
	e)	Depreciation	38.29	51.10	114.63	149.78	182.45	93.18	96.20	246.80	281.41	342.71
	f)	Other expenditure	662.58	214.66	1,653.22	817.03	1,278.72	1,038.30	474.29	2,623.88	1,539.63	2,368.65
	g)	Total	2,370.21	3,854.21	6,094.23	8,511.10	9,764.56	6,818.50	9,876.19	19,315.14	21,693.64	27,212.61
	3	Profit from Operations before Other
		Income, Interest & Exceptional Items
		(1-2)	(553.49)	(35.44)	(1,511.01)	(117.15)	(353.13)	(207.64)	533.87	(525.02)	937.23	852.14
	4	Other Income	67.32	565.97	251.75	666.57	441.31	68.65	541.46	161.50	659.80	338.42
	5	Profit before Interest & Exceptional
		Items
		(3+4)	(486.17)	530.53	(1,259.26)	549.42	88.18	(139.01)	1,075.33	(363.53)	1,597.04	1,190.56
	6	Interest	1.29	11.47	7.96	27.47	36.43	113.68	94.09	235.39	235.44	277.72
	7	Profit after Interest but before Exceptional
		Items.(5-6)	(487.46)	519.05	(1,267.21)	521.94	51.75	(252.67)	981.24	(598.91)	1,361.59	912.84
	8	Exceptional Items	-	-	-	-	-	-	-	-	-	-
	9	Profit(+)/Loss(-) from Ordinary Activities	(487.46)	519.05	(1,267.21)	521.94	51.75	(252.67)	981.24	(598.91)	1,361.59	912.84
		before tax (7+8)
	10	Tax Expenses	4.56	166.74	12.92	181.47	62.13	5.57	174.32	26.21	192.11	95.20
	11	Net Profit(+)/Loss(-) from Ordinary Activities	(492.01)	352.31	(1,280.13)	340.47	(10.38)	(258.24)	806.93	(625.12)	1,169.48	817.64
		after tax(9-10)
	12	Extraordinary Items ( net of tax Expense	-	-	-	-	-			-	-	-
		Rs. Nil )
	13	Minority Interest	-	-	-	-	-	5.41	112.90	(82.59)	164.20	96.18
	14	Net Profit(+)/Loss(-) for the period.(11-12-13)	(492.01)	352.31	(1,280.13)	340.47	(10.38)	(263.65)	694.03	(542.53)	1,005.28	721.46
	15	Paid up Equity Share Capital	2,554.60	2,703.28	2,554.60	2,703.28	2,703.28	2,554.60	2,703.28	2,554.60	2,703.28	2,703.28
		(Face Value Rs.10/-)
	16	Reserves excluding revaluation	-	-	-	-	14,749.33			-	-	16,365.45
		reserves
	17	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)	(1.93)	1.30	(5.01)	1.26	(0.04)	(1.03)	2.57	(2.12)	3.72	2.67
		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)	(1.93)	1.30	(5.01)	1.26	(0.04)	(1.03)	2.57	(2.12)	3.72	2.67
	18	Public Shareholding
		a) No. of shares	11,800,459	13,287,263	11,800,459	13,287,263	13,287,263	11,800,459	13,287,263	11,800,459	13,287,263	13,287,263
		b) Percentage of shareholding	46.19	49.15	46.19	49.15	49.15	46.19	49.15	46.19	49.15	49.15
	1	The above results for the quarter ended 31st December,2008 have been subjected to "Limited Review" by the Statutory Auditors of the Company and have been reviewed by the Audit Committee and were taken on record by the Board of Directors of the Company at its meeting held on 30th January, 2009.
	2	Consolidated financial statements of the Company and its subsidiaries have been prepared as per Accounting Standard AS 21 issued by The Institute of Chartered Accountants of India.
	3	Other expenditure includes foreign currency loss of Rs.4.87 crores, Rs.11.28 crores and Rs.1.44 crores for the quarter ended 31.12.08, period ended 31.12.08 and year ended 31.03.08 respecively and corresponding quarters/period for the previous year Rs. Nil. Further, in respect of the consolidated results, other expenditure includes foreign currency loss of Rs.5.44 crores, Rs.12.48 crores and Rs.1.51 crores for the quarter ended 31.12.08, period ended 31.12.08 and year ended 31.03.08 respecively and corresponding quarters/ period for the previous year Rs.Nil.
	4	Tax Expenses includes Current Tax,Deferred Tax and Fringe Benefit Tax.
	5	Six complaints received during the quarter have been replied/redressed.There were no complaints pending at the beginning and end of the quarter.
	6	The Stand alone results of the Company are available on the Company's website www.goldiam.com and also available on Bombay Stock Exchange and National Stock Exchange websites www.bseindia.com and www.nseindia.com respectively.
	7	The figures in Rs.Lacs are rounded off to two decimals.
	GOLDIAM INTERNATIONAL LIMITED
	Segment wise Revenue,Results and Capital Employed under Clause 41of the Listing Agreement
			Figures for the		Year to date		Audited for	Consolidated
	Sr.	Particulars	Quarter Ended on		for the period ended on		for the Year	Figures for the		Year to date		Audited for the
	No.						ended on	Quarter Ended on		for the period ended on		Year ended on
			31.12.2008	31.12.2007	31.12.2008	31.12.2007	31.03.2008	31.12.2008	31.12.2007	31.12.2008	31.12.2007	31.03.2008
	A	PRIMARY SEGMENT:
	1	Segment Revenue :
		a) Jewellery	1,798.03	3,841.41	4,588.67	8,448.03	9,465.88	6,616.28	10,413.27	18,790.12	22,690.90	28,067.75
		b) Investments	83.77	543.32	244.07	612.48	386.85	63.23	538.25	161.50	599.77	335.43
		Total	1,881.80	4,384.73	4,832.74	9,060.51	9,852.73	6,679.51	10,951.52	18,951.62	23,290.67	28,403.18
		Less : Inter Segment Revenue	-	-	-	-	-			-	-	-
		Net Sales/ Income from operation	1,881.80	4,384.73	4,832.74	9,060.51	9,852.73	6,679.51	10,951.52	18,951.62	23,290.67	28,403.18
	2	Segment Results :
		Profit/(Loss) before tax and interest
		a) Jewellery	(561.93)	11.43	(1,465.12)	(8.54)	(223.40)	(181.18)	561.30	(476.38)	1,051.79	932.88
		b) Investments	77.90	522.43	224.69	578.81	337.39	51.99	517.36	139.35	566.09	284.90
		Total	(484.03)	533.86	(1,240.43)	570.27	113.99	(129.19)	1,078.66	(337.03)	1,617.88	1,217.78
		Less : i) Interest	1.29	11.47	7.96	27.47	36.43	113.68	94.08	235.39	235.44	277.72
		ii) Other un - allocable expenditure (Net)	2.14	3.34	18.82	20.85	25.81	9.81	3.34	26.49	20.85	27.22
		Total Profit Before Tax	(487.46)	519.05	(1,267.21)	521.94	51.75	(252.67)	981.24	(598.91)	1,361.59	912.84
		Net Assets
		a) Jewellery	10,346.01	12,865.66	10,346.01	12,865.66	11,640.19	13,057.67	17,128.79	13,057.67	17,128.79	14,109.24
		b) Investments	3,629.85	5,160.94	3,629.85	5,160.94	5,073.92	3,635.02	5,400.20	3,635.02	5,400.20	3,310.67
		c) Unallocated assets / (Liabilties)	1,603.65	42.96	1,603.65	42.96	738.50	3,221.55	557.33	3,221.55	557.33	1,648.82
		Total	15,579.51	18,069.56	15,579.51	18,069.56	17,452.61	19,914.24	23,086.31	19,914.24	23,086.31	19,068.73
	B	SECONDARY SEGMENT
	1	Segment Revenue :
		Within India	(2.14)	(62.52)	(117.43)	(108.96)	(200.99)	(2.14)	(62.52)	(117.43)	(108.96)	(196.53)
		Exports Outside India	(559.79)	73.95	(1,347.69)	100.42	(22.41)	(179.04)	623.83	(358.95)	1,160.75	1,129.40
		Total Revenue	(561.93)	11.43	(1,465.12)	(8.54)	(223.40)	(181.18)	561.30	(476.38)	1,051.79	932.88
	2	Segment Assets
		Within India	605.35	401.34	605.35	401.34	797.89	605.35	401.34	605.35	401.34	864.35
		Exports Outside India	11,950.75	14,873.96	11,950.75	14,873.96	13,395.55	25,278.16	30,712.11	25,278.16	30,712.11	27,089.27
		Total Assets	12,556.10	15,275.29	12,556.10	15,275.29	14,193.44	25,883.51	31,113.45	25,883.51	31,113.45	27,953.62
	3	Segment Liabilities
		Within India	32.02	103.41	32.02	103.41	460.95	32.02	103.41	32.02	103.41	460.95
		Exports Outside India	2,178.07	2,306.23	2,178.07	2,306.23	2,092.30	12,793.82	13,881.25	12,793.82	13,881.25	13,383.43
		Total Liabilities	2,210.09	2,409.63	2,210.09	2,409.63	2,553.25	12,825.84	13,984.66	12,825.84	13,984.66	13,844.38
	1	The Company has identified Two Reportable Segments viz. Jewellery Manufacturing and Investment Activity. Segments have been identified and reported taking into account nature of products and services, the different risks and returns  and the internal business reporting systems.
	2	The Company has identified Geographic Segments as its Secondary Segment. Geographic segments of the Company are mainly local market in India and exports out of India.
	3	The capital employed in the respective segments is worked out after considering the operating assets and liabilities that are directly attributable to the segments as well as allocated to the segments on a reasonable basis.
										For Goldiam International limited
		Place : Mumbai								Rashesh Bhansali
		Dated : 30th January, 2009								Vice Chairman & Managing Director
		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	31.3.2009	31.3.2008	year ended	year ended
			On	Previous year	31.12.2008	31.12.2007		Ended	Ended	Ended	Ended					(GOLDIAM)		31.03.2009	31.03.2008
			31.12.2008	Ended On				On	30.09.2007	6/30/2008	6/30/2007	30.09.2008	30.09.2007	31.03.2009	31.03.2008			(Audited)	(Audited)	30.06.2008	30.09.2008	31.12.2008	30.06.2007	30.09.2007	31.12.2007
				31.12.2007				30.09.2008
	1	Net Sales/ Income from operations	1,816.72	3,818.75	4,583.22	8,393.95		2,766.50	4,575.19	1,892.88	2,053.87	873.62	2,521.33	4,828.21	1,017.48	9,411.43	9,411.43	28,064.75	28,064.75	6,579.06	12,179.26	18,790.12	6,049.21	12,220.80	22,630.87
	2	Expenditure
	a)	(Increase)/decrease in stock in trade	81.64	(102.00)	99.67	(218.08)		18.03	(116.09)	(51.28)	(67.14)	69.31	(48.95)	(81.54)	(94.51)	(299.62)	(299.62)	(395.23)	(395.23)	8.67	123.47	(252.56)	(119.83)	(125.87)	(194.00)
	b)	Consumption of Raw Materials	1,227.30	3,316.87	3,254.66	6,794.89		2,027.36	3,478.01	1,375.92	1,720.65	651.44	1,757.36	4,039.52	499.29	7,294.18	7,294.18	22,823.43	22,823.43	5,140.28	9,544.68	14,955.65	5,100.14	9,742.03	18,568.47
	c)	Purchase of Traded Goods	25.35	223.02	352.63	458.23		327.28	235.22	256.87	48.25	70.41	186.97	291.95	186.34	644.58	644.58	549.69	549.69	256.87	327.28	352.63	32.50	198.45	378.32
	d)	Employees Cost	335.06	150.55	619.42	509.25		284.36	358.69	132.30	163.96	152.06	194.74	44.83	155.00	664.24	664.24	1,523.36	1,523.36	502.56	762.00	1,388.75	363.29	752.29	1,119.80
	e)	Depreciation	38.29	51.10	114.63	149.78		76.34	98.68	37.95	48.40	38.40	50.28	67.82	32.67	182.45	182.45	342.71	342.71	76.05	153.62	246.80	91.24	185.21	281.41
	f)	Other expenditure	662.58	214.66	1,653.22	817.03		990.64	602.37	554.93	265.09	435.71	337.29	(374.50)	461.69	1,278.72	1,278.72	2,368.65	2,368.65	698.97	1,585.58	2,623.88	506.12	1,065.34	1,539.63
	g)	Total	2,370.22	3,854.21	6,094.24	8,511.10	-	3,724.02	4,656.90	2,306.68	2,179.21	1,417.34	2,477.69	3,988.07	1,240.48	9,764.56	9,764.56	27,212.61	27,212.61	6,683.40	12,496.63	19,315.14	5,973.46	11,817.45	21,693.64
	3	Profit from Operations before Other
		Income, Interest & Exceptional Items
		(1-2)	(553.50)	(35.44)	(1,511.02)	(117.15)	-	(957.52)	(81.70)	(413.80)	(125.34)	(543.72)	43.64	840.13	(223.00)	(353.13)	(353.13)	852.14	852.14	(104.33)	(317.37)	(525.02)	75.75	403.36	937.23
	4	Other Income	67.32	565.97	251.75	666.57		184.43	100.59	169.08	38.25	15.35	62.35	189.56	(225.26)	441.31	441.31	338.42	338.42	165.42	92.85	161.50	37.53	118.35	659.80
	5	Profit before Interest & Exceptional	(486.18)	530.53	(1,259.27)	549.42	-	(773.09)	18.89	(244.72)	(87.10)	(528.37)	105.99	1,029.69	(448.25)	88.18	88.18	1,190.57	1,190.57	61.08	(224.52)	(363.53)	113.28	521.70	1,597.03
		Items
		(3+4)
	6	Interest	1.29	11.47	7.96	27.47		6.67	16.00	4.17	10.72	2.50	5.29	28.48	8.96	36.43	36.43	277.72	277.72	55.66	121.71	235.39	73.00	141.36	235.44
	7	Profit after Interest but before exceptional	(487.47)	519.05	(1,267.22)	521.94	-	(779.76)	2.89	(248.89)	(97.81)	(530.87)	100.70	1,001.21	(457.22)	51.75	51.75	912.84	912.84	5.43	(346.24)	(598.91)	40.28	380.35	1,361.59
		Items.(5-6)
	8	Exceptional Items																				-			-
	9	Profit(+)/Loss(-) from Ordinary Activities before	(487.47)	519.05	(1,267.22)	521.94	-	(779.76)	2.89	(248.89)	(97.81)	(530.87)	100.70	1,001.21	(457.22)	51.75	51.75	912.84	912.84	5.43	(346.24)	(598.91)	40.28	380.35	1,361.59
		tax (7+8)
	10	Tax Expenses	4.56	166.74	12.92	181.47		8.36	14.73	3.48	2.62	4.88	12.11	49.21	(99.34)	62.13	62.13	95.20	95.20	0.91	20.64	26.21	2.52	17.80	192.11
	11	Net Profit(+)/Loss(-) from Ordinary Activities	(492.02)	352.31	(1,280.14)	340.47	-	(788.12)	(11.84)	(252.37)	(100.43)	(535.75)	88.59	952.00	(357.87)	(10.38)	(10.38)	817.64	817.64	4.51	(366.88)	(625.12)	37.76	362.55	1,169.48
		after tax (9-10)
	12	Extraordinary Items ( net of tax Expense			-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
		Rs.                )
	13	Minority Interest																96.18	96.18	(32.73)	(87.99)	(82.59)	(16.38)	51.30	164.20
	14	Net Profit(+)/Loss(-) for the period.(11-12-13)	(492.02)	352.31	(1,280.14)	340.47	-	(788.12)	(11.84)	(252.37)	(100.43)	(535.75)	88.59	952.00	(357.87)	(10.38)	(10.38)	721.46	721.46	37.24	(278.88)	(542.53)	21.38	311.25	1,005.28
	15	Paid up Equity Share Capital	2,554.60	2,703.28	2,554.60	2,703.28		2,588.16	2,703.28	2,682.26	2,703.28	2,588.16	2,703.28	2,554.60	2,703.28	2,554.60	2,703.28	2,554.60	2,703.28	2,682.26	2,588.16	2,554.60	2,703.28	2,703.28	2,703.28
		(Face Value Rs.10/-)
	16	Reserves excluding revaluation			-	-		-	-	-	-					14,749.33	14,749.33	16,365.45	16,365.45
		reserves
	17	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)	(1.93)	1.30	(5.01)	1.26		(3.05)	(0.04)	(0.94)	(0.37)	(2.07)	0.33	3.73	(1.32)	(0.04)	(0.04)	2.82	2.67	0.14	(1.08)	(2.12)	0.08	1.15	3.72
		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)	(1.93)	1.30	(5.01)	1.26		(3.05)	(0.04)	(0.94)	(0.37)	(2.07)	0.33	3.53	(1.32)	(0.04)	(0.04)	2.82	2.67	0.14	(1.08)	(2.12)	0.08	1.15	3.72
	18	Public Shareholdiang
		a) No. of Shares	11,800,459	13,287,263	11,800,459	13,287,263		12,136,070	13,287,263	13,077,014	13,302,263	12,136,070	13,287,263	11,800,459	13,287,263	11,800,459	13,287,263	11,800,459	13,287,263	13,077,014	12,136,070	11,800,459	13,302,263	13,287,263	13,287,263
		b) Percentage of shareholding	46.19	49.15	46.19	49.15		46.89	49.15	48.75	49.21	46.89	49.15	46.19	49.15	46.19	49.15	46.19	49.15	48.75	46.89	46.19	49.21	49.15	49.15
	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