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,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
		31.12.2007	31.12.2006	31.12.2007	31.12.2006	31.03.2007	31.12.2007	31.12.2006	31.12.2007	31.12.2006	31.03.2007
1	Net Sales/ Income from operations	3,818.75	5,452.14	8,393.95	14,040.70	16,554.60	10,410.06	9,289.63	22,630.87	23,534.83	30,398.58
	(Net of VAT)
2	Other Income	565.97	265.39	666.57	639.45	568.28	541.46	245.47	659.80	600.07	402.49
3	Total Income	4,384.72	5,717.52	9,060.51	14,680.15	17,122.88	10,951.52	9,535.10	23,290.67	24,134.90	30,801.07
4	Expenditure
a)	(Increase)/decrease in stock in trade	(102.00)	64.66	(218.08)	36.46	(58.06)	(68.13)	(9.22)	(194.00)	(18.62)	(6.32)
b)	Consumption of Raw Materials	3,316.87	4,178.21	6,794.89	10,643.29	12,737.94	8,826.44	7,407.43	18,568.47	18,237.39	23,814.53
c)	Purchase of Traded Goods	223.02	23.56	458.23	69.70	104.31	179.88	13.63	378.32	44.73	60.89
d)	Employees Cost	150.55	136.58	509.25	579.92	788.15	367.51	362.77	1,119.80	1,228.81	1,685.49
e)	Depreciation	51.10	52.16	149.78	123.84	184.86	96.20	79.80	281.41	229.87	325.48
f)	Other expenditure	214.66	236.81	817.03	801.25	1,259.65	474.29	463.71	1,539.63	1,366.68	1,971.08
g)	Total	3,854.21	4,691.98	8,511.10	12,254.46	15,016.84	9,876.19	8,318.12	21,693.64	21,088.88	27,851.14
5	Interest	11.47	14.70	27.47	41.12	68.61	94.09	74.22	235.44	239.25	333.49
6	Exceptional Items	-	-	-	-	-	-	-	-	-	-
7	Profit(+)/Loss(-) from Ordinary Activities before	519.05	1,010.85	521.94	2,384.57	2,037.43	981.24	1,142.77	1,361.59	2,806.78	2,616.44
	tax
8	Tax Expenses	166.74	297.50	181.47	709.85	610.50	174.32	298.54	192.11	715.21	606.76
9	Net Profit(+)/Loss(-) from Ordinary Activities	352.31	713.34	340.47	1,674.72	1,426.94	806.93	844.21	1,169.48	2,091.56	2,009.68
	after tax
10	Extraordinary Items ( net of tax Expense	-	-	-	-	-			-	-	-
	Rs.                )
11	Minority Interest	-	-	-	-	-	112.90	85.82	164.20	247.62	265.80
12	Net Profit(+)/Loss(-) for the period.	352.31	713.34	340.47	1,674.72	1,426.94	694.03	758.40	1,005.28	1,843.94	1,743.88
13	Paid up Equity Share Capital	2,703.28	2,698.28	2,703.28	2,698.28	2,703.28	2,703.28	2,698.28	2,703.28	2,698.28	2,703.28
	(Face Value Rs.10/-)
14	Reserves excluding revaluation	-	-	-	-	14,342.60			-	-	15,172.06
	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)	1.30	2.64	1.26	6.21	5.28	2.57	2.81	3.72	6.83	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)	1.30	2.64	1.26	6.21	5.29	2.57	2.81	3.72	6.83	6.46
16	Public Shareholdiang
	a) No. of Shares	13,287,263.00	12,402,263.00	13,287,263.00	12,402,263.00	13,302,263.00			-	-	-
	b) Percentage of shareholding	49.15	45.96	49.15	45.96	49.21			-	-	-
Segment wise Revenue,Results and Capital Employed under Clause 41of the Listing Agreement
											(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
		31.12.2007	31.12.2006	31.12.2007	31.12.2006	31.03.2007	31.12.2007	31.12.2006	31.12.2007	31.12.2006	31.03.2007
1	Segment Revenue :
	a) Jewellery	3,841.41	5,451.90	8,448.03	14,045.68	16,653.65	10,413.27	9,303.95	22,690.90	23,574.24	30,482.35
	b) Investments	543.32	265.63	612.48	634.47	469.23	538.25	231.15	599.77	560.66	318.72
	Total	4,384.73	5,717.53	9,060.51	14,680.15	17,122.88	10,951.52	9,535.10	23,290.67	24,134.90	30,801.07
	Less : Inter Segment Revenue	-	-	-	-	-	-	-	-	-	-
	Net Sales/ Income from operation	4,384.73	5,717.53	9,060.51	14,680.15	17,122.88	10,951.52	9,535.10	23,290.67	24,134.90	30,801.07
2	Segment Results :
	Profit/(Loss) before tax and interest
	a) Jewellery	11.43	764.46	(8.54)	1,859.87	1,778.55	561.30	990.39	1,051.79	2,554.02	2,772.95
	b) Investments	522.44	264.16	578.81	601.37	372.34	517.36	229.68	566.09	527.57	221.83
	Total	533.87	1,028.62	570.27	2,461.24	2,150.89	1,078.66	1,220.07	1,617.88	3,081.59	2,994.78
	Less : i) Interest	11.47	14.70	27.47	41.12	68.61	94.08	74.23	235.44	239.25	333.49
	ii) Other un - allocable expenditure (Net)	3.34	3.07	20.85	35.55	44.85	3.34	3.07	20.85	35.55	44.85
	Total Profit Before Tax	519.06	1,010.85	521.95	2,384.57	2,037.43	981.24	1,142.77	1,361.59	2,806.79	2,616.44
3	Capital Employed
	(Segment Assets - Segment Liabilities)
	a) Jewellery	12,865.66	12,459.38	12,865.66	12,459.38	12,564.85	17,128.79	14,848.95	17,128.79	14,848.95	12,932.58
	b) Investments	5,160.94	5,363.43	5,160.94	5,363.43	3,271.60	5,400.20	5,363.43	5,400.20	5,363.43	3,271.60
	c) Unallocated assets / (Liabilties)	42.96	897.81	42.96	897.81	1,689.13	557.33	1,494.43	557.33	1,494.43	2,150.86
	Total	18,069.56	18,720.62	18,069.56	18,720.62	17,525.58	23,086.32	21,706.81	23,086.32	21,706.81	18,355.04
1	The above unaudited consolidated financial results have been subjected to "Limited Review" by the Statutory Auditors of the Company,as per the listing agreement with the stock exchanges and as reviewed by the  Audit
	Committee, were taken on record by the Board of Directors of the Company at its meeting held on 28th January,2008
2	As per Accounting Standard 17 of Institute of Chartered Accountants of India, from current quarter Company has two segments viz.Jewellery  & Investment Activity.
3	The Institute of Chartered Accountants of India has issued a revised Accounting Standard (AS-15) of Employee Benefits and is effective from April,2007.The Company is in the process of reviewing its liabilities in  terms of
	revised Standard, and effect of the same would be given at the year end.
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	Nine complaints received during the quarter have been replied/redressed.There were no complaints pending at the beginning and end of the quarter.
5	Tax Expenses includes Current Tax,Deferred Tax and Fringe Benefit Tax.
6	The Board of Directors have decided at their Meeting held on 28th January,2008, to recommend to the members at the Annual General Meeting addition of object "Real Estate Business" as one of the main objects in the
	Memorandum of Association of the Company.
7	The Board of Directors have decided to float a 100% Subsidiary for the Share Broking,Securities Investment and Trading Activities.
8	Company has obtained permission for the Trading division from Seepz Authority and have commenced the business from January,2008
9	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.
10	The figures in Rs.Lacs are rounded off to two decimals.
									For Goldiam International limited
	Place : Mumbai								Rashesh Bhansali
	Dated : 28th January,2008								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	3818.75	5452.14	8393.95	14040.70		4575.19	8588.55	2053.87	4265.95	2521.33	4322.60	(8,393.95)	2,513.90		16554.60		30398.58	6049.21	12220.80	22630.87	7521.84	14245.20	23534.83
2	Other Income	565.97	265.39	666.57	639.45		100.59	374.07	38.25	210.93	62.35	163.14	(666.57)	(71.17)		568.28		402.49	37.53	118.35	659.80	188.01	354.60	600.07
3	Total Income	4,384.72	5,717.52	9,060.51	14,680.15	-	4,675.79	8,962.62	2,092.11	4,476.88	2,583.67	4,485.74	(9,060.51)	2,442.72	-	17,122.88	-	30,801.07	6,086.74	12,339.15	23,290.67	7,709.85	14,599.80	24,134.90
4	Expenditure
a)	(Increase)/decrease in stock in trade	(102.00)	64.66	(218.08)	36.46		(116.09)	(28.20)	(67.14)	14.54	(48.95)	(42.75)		(94.51)		(58.06)		(6.32)	(119.83)	(125.87)	(194.00)	6.03	(9.40)	(18.62)
b)	Consumption of Raw Materials	3316.87	4178.21	6,794.89	10643.29		3478.01	6465.08	1720.65	3428.30	1757.36	3036.78	(6,794.89)	2094.65		12737.94		23814.53	5,100.14	9742.03	18568.47	6,010.62	10829.96	18237.39
c)	Purchase of Traded Goods	223.02	23.56	458.23	69.70		235.22	46.14	48.25	40.28	186.97	5.86		34.60		104.31		60.89	32.50	198.45	378.32	28.91	31.10	44.73
d)	Employees Cost	150.55	136.58	509.25	579.92		358.69	443.34	163.96	174.24	194.74	269.10	(509.25)	208.22		788.15		1685.49	363.29	752.29	1119.80	394.15	866.04	1228.81
e)	Depreciation	51.10	52.16	149.78	123.84		98.68	71.67	48.40	30.74	50.28	40.93	(149.78)	61.02		184.86		325.48	91.24	185.21	281.41	67.51	150.08	229.87
f)	Other expenditure	214.66	236.81	817.03	801.25		602.37	564.45	265.09	272.53	337.29	291.92	(817.03)	458.40		1259.65		1971.08	506.12	1065.34	1539.63	443.72	902.97	1366.68
g)	Total	3854.21	4691.98	8511.10	12254.46	0.00	4656.90	7562.47	2179.21	3960.63	2477.69	3601.84	-8270.95	2762.38	0.00	15016.84	0.00	27851.14	5973.46	11817.45	21693.64	6950.96	12770.76	21088.88
5	Interest	11.47	14.70	27.47	41.12		16.00	26.42	10.72	13.64	5.29	12.77	(27.47)	27.48		68.61		333.49	73.00	141.36	235.44	85.11	165.02	239.25
6	Exceptional Items									0											-	0	0	0
7	Profit(+)/Loss(-) from Ordinary Activities before	519.05	1010.85	521.94	2384.57	0.00	2.89	1373.73	(97.81)	502.60	100.70	871.12	-762.09	(347.14)	0.00	2037.43	0.00	2616.44	40.28	380.35	1361.59	673.78	1664.01	2806.78
	tax
8	Tax Expenses	166.74	297.50	181.47	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	192.11	140.81	416.67	715.21
9	Net Profit(+)/Loss(-) from Ordinary Activities	352.31	713.34	340.47	1674.72	0.00	(11.84)	961.38	(100.43)	358.74	88.59	602.63	-762.09	(247.79)	0.00	1426.94	0.00	2009.68	37.76	362.55	1169.48	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	164.20	105.92	161.81	247.62
12	Net Profit(+)/Loss(-) for the period.	352.31	713.34	340.47	1,674.72	-	(11.84)	961.38	(100.43)	358.74	88.59	602.63	(762.09)	(247.79)	-	1,426.94	-	1,743.88	21.38	311.25	1,005.28	427.05	1,085.53	1,843.94
13	Paid up Equity Share Capital	2703.28	2698.28	2703.28	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	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)	1.30	2.64	1.26	6.21		-0.04	3.56	(0.37)	1.33	0.33	2.23	-	(0.92)		5.28		6.45	0.08	1.15	3.72	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)	1.30	2.64	1.26	6.21		-0.04	3.56	(0.37)	1.33	0.33	2.23	(2.82)	(0.92)		5.29		6.46	0.08	1.15	3.72	1.58	4.02	6.83
16	Public Shareholdiang
	a) No. of Shares	13287263	12402263	13287263	12402263		13287263	12485799	13302263	12514241	13287263	12485799	13302263	13302263		13302263
	b) Percentage of shareholding	49.15	45.96	49.15	45.96		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