GOLDIAM INTERNATIONAL LIMITED
MANUFACTURERS & EXPORTERS OF JEWELLERY
REGISTERED OFFICE 
GEMS & JEWELLERY COMPLEX
SEEPZ , ANDHERI (EAST)
MUMBAI  -400096
Audited Financial Results for the Year ended 31st March,2009
   
                (Rs.in Lacs)  
    Figures for the  Audited for the Consolidated
Sr.               Particulars Quarter Ended on  year ended on Figures for the  Audited for the
No.           Quarter Ended on the period ended on
    31.03.2009 31.03.2008 31.03.2009 31.03.2008 31.03.2009 31.03.2008 31.03.2009 31.03.2008
                   
             
1   Net Sales/ Income from operations        1,010.75      1,017.48     5,593.97         9,411.43            2,492.13      5,433.88    21,282.26    28,064.75
           
           
2   Expenditure          
           
a)   (Increase)/decrease in stock in trade           132.12         (81.54)        231.80           (299.62)              (113.30)        (201.23)       (365.86)        (395.23)
           
b)   Consumption of Raw Materials           480.95         499.29     3,735.61         7,294.18               972.81      4,254.96    15,928.46    22,823.43
           
c)   Purchase of Traded Goods           607.29         186.34        959.92            644.58               798.13         171.36      1,150.76         549.69
           
d)   Employees Cost             72.80         155.00        692.22            664.25               306.42         403.56      1,695.16      1,523.36
           
e)   Depreciation             48.82          32.67        163.45            182.45                80.44           61.30        327.24         342.71
           
f)   Other expenditure           135.11         461.69     1,788.33         1,278.72               698.94         829.03      3,322.82      2,368.65
           
g)   Total        1,477.08      1,253.45     7,571.33         9,764.56            2,743.44      5,518.97    22,058.58    27,212.61
           
3   Profit from Operations before Other           
    Income, Interest & Exceptional Items          
    (1-2)          (466.33)        (235.97)    (1,977.36)           (353.13)              (251.30)          (85.08)       (776.33)         852.14
           
4   Other Income           344.77        (225.26)        596.52            441.31               327.07        (321.38)        488.57         338.42
           
5   Profit before Interest & Exceptional          
    Items          
    (3+4)          (121.57)        (461.23)    (1,380.84)             88.18                75.77        (406.47)       (287.76)      1,190.58
           
6   Interest               6.11            8.96          14.07             36.43                76.95           42.28        312.34         277.72
           
7   Profit after Interest but before Exceptional          
    Items.(5-6)          (127.68)        (470.19)    (1,394.90)             51.75                 (1.19)        (448.75)       (600.10)         912.84
           
8   Exceptional Items                  -                 -                 -                    -                       -                  -                 -                 -  
           
9   Profit(+)/Loss(-) from Ordinary Activities           (127.68)        (470.19)    (1,394.90)             51.75                 (1.19)        (448.75)       (600.10)         912.84
    before tax (7+8)          
           
10   Tax Expenses            (45.52)        (119.35)         (32.60)             62.13               (95.01)          (96.91)         (68.80)          95.20
           
11   Net Profit(+)/Loss(-) from Ordinary Activities             (82.16)        (350.84)    (1,362.30)            (10.38)                93.82        (351.84)       (531.30)         817.64
    after tax(9-10)          
           
12   Extraordinary Items ( net of tax Expense                   -                 -                 -                    -                       -                  -                 -                 -  
    Rs. Nil )          
           
13   Minority Interest                  -                 -                 -                    -                  45.82          (68.01)         (36.76)          96.18
           
14   Net Profit(+)/Loss(-) for the period.(11-12-13)            (82.16)        (350.84)    (1,362.30)            (10.38)                47.99        (283.82)       (494.54)         721.46
              
15   Paid up Equity Share Capital        2,554.60      2,703.28     2,554.60         2,703.28            2,554.60      2,703.28      2,554.60      2,703.28
    (Face Value Rs.10/-)          
           
16   Reserves excluding revaluation                  -                 -     12,942.74       14,749.33                     -                  -      15,328.17    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)              (0.32)           (1.30)          (5.33)              (0.04)                  0.19           (1.05)           (1.94)            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)              (0.30)           (1.30)          (5.24)              (0.04)                  0.18           (1.05)           (1.90)            2.67
           
18   Public Shareholding          
  a) No. of shares     11,997,896  13,287,263  11,997,896     13,287,263        11,997,896   13,287,263  11,997,896  13,287,263
  b) Percentage of shareholding             46.96 49.15          46.96             49.15                46.96 49.15          46.96          49.15
           
19 Promoters and promoter group Shareholding          
           
  a) Pledged/Encumbered           
      Number of shares  Nil   Nil   Nil   Nil   Nil   Nil   Nil   Nil 
      Percentage of shares ( as a % of the total          
      shareholding of promoter and promoter          
      group)  Nil   Nil   Nil   Nil   Nil   Nil   Nil   Nil 
      Percentage of shares ( as a % of the total          
      share capital of the company)   Nil   Nil   Nil   Nil   Nil   Nil   Nil   Nil 
           
  b) Non-encumbered           
      Number of shares     13,548,100  13,745,537  13,548,100     13,745,537        13,548,100   13,745,537  13,548,100  13,745,537
      Percentage of shares ( as a % of the total          
      shareholding of promoter and promoter          
      group) 100% 100% 100% 100% 100% 100% 100% 100%
      Percentage of shares ( as a % of the total          
      share capital of the company)  53.04% 50.85% 53.04% 50.85% 53.04% 50.85% 53.04% 50.85%
           
                   
   
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 26th June,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.0.75 crores and Rs.12.03 crores  for the quarter ended 31.03.09 and year ended 31.03.09  respectively and corresponding quarter/year for the previous year Rs. 1.44 crores. Further, in respect of the consolidated results, other expenditure includes foreign currency loss of Rs.3.05 crores and Rs.15.53 crores for the quarter ended 31.03.09 and year ended 31.03.09 respectively and corresponding quarters/ period for the previous year Rs.1.51crores.
 
 
 
 
4 Tax Expenses includes Current Tax, Deferred Tax and Fringe Benefit Tax.
5 Eight 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  Audited for the Consolidated
Sr.               Particulars Quarter Ended on Year ended on Figures for the  Audited for the 
No.       Quarter Ended on Year ended on
    31.03.2009 31.03.2008 31.03.2009 31.03.2008 31.03.2009 31.03.2008 31.03.2009 31.03.2008
               
A PRIMARY SEGMENT:                
1 Segment Revenue :                
  a) Jewellery        1,104.12      1,017.85     5,692.79         9,465.88            2,618.96      5,376.85    21,409.08    28,067.75
  b) Investments           162.16        (225.63)        406.23            386.85                63.44        (264.34)        224.94         335.43
  Total        1,266.28         792.22     6,099.02         9,852.73            2,682.40      5,112.51    21,634.02    28,403.18
  Less : Inter Segment Revenue                  -                 -                 -                    -                     -                 -  
  Net Sales/ Income from operation        1,266.28         792.22     6,099.02         9,852.73            2,682.40      5,112.51    21,634.02    28,403.18
                   
2 Segment Results :                
  Profit/(Loss) before tax and interest                
                   
  a) Jewellery          (275.47)        (214.86)    (1,740.59)           (223.40)                87.51        (118.91)       (388.87)         932.88
  b) Investments           166.13        (241.42)        390.82            337.39                67.39        (281.19)        206.74         284.90
                   
  Total          (109.34)        (456.28)    (1,349.77)            113.99               154.90        (400.10)       (182.13)      1,217.78
                   
  Less : i) Interest               6.11            8.96          14.07             36.43                76.95           42.28        312.34         277.72
            ii) Other un - allocable expenditure (Net)             12.23            4.95          31.06             25.81                79.14            6.37        105.63          27.22
                   
  Total Profit Before Tax          (127.68)        (470.19)    (1,394.90)             51.75                 (1.19)        (448.75)       (600.10)         912.84
                   
  Net Assets                
                   
  a) Jewellery        6,992.15    11,640.19     6,992.15       11,640.19          10,685.72    14,109.24    10,685.72    14,109.24
  b) Investments        7,115.77      5,073.92     7,115.77         5,073.92            5,175.86      3,310.67      5,175.86      3,310.67
  c) Unallocated assets / (Liabilities)         1,389.42         738.50     1,389.42            738.50            2,021.20      1,648.82      2,021.20      1,648.82
  Total       15,497.34    17,452.61   15,497.34       17,452.61          17,882.77    19,068.73    17,882.77    19,068.73
               
               
B SECONDARY SEGMENT            
1 Segment Results:                
  Within India            (48.62)        (405.75)       (166.05)           (200.99)              (644.75)        (452.23)       (762.18)        (196.53)
  Exports Outside India          (226.86)         190.90    (1,574.55)            (22.41)               732.26         333.32        373.31      1,129.40
                   
  Total Revenue          (275.47)        (214.85)    (1,740.59)           (223.40)                87.51        (118.91)       (388.87)         932.88
             
2 Segment Assets                
  Within India           484.38         797.89        484.38            797.89               196.62         864.35        196.62         864.35
  Exports Outside India        8,490.95    13,395.55     8,490.95       13,395.55          22,031.25    27,089.27    22,031.25    27,089.27
                   
  Total Assets        8,975.34    14,193.44     8,975.34       14,193.44          22,227.87    27,953.62    22,227.87    27,953.62
               
3 Segment Liabilities                
  Within India             15.29         460.95          15.29            460.95                15.87         460.95          15.87         460.95
  Exports Outside India        1,967.89      2,092.30     1,967.89         2,092.30          11,526.29    13,383.43    11,526.29    13,383.43
                   
  Total Liabilities        1,983.18      2,553.25     1,983.18         2,553.25          11,542.15    13,844.38    11,542.15    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 : 26th June, 2009 Vice Chairman & Managing Director