GOLDIAM INTERNATIONAL LIMITED
MANUFACTURERS & EXPORTERS OF JEWELLERY
REGISTERED OFFICE 
GEMS & JEWELLERY COMPLEX
SEEPZ , ANDHERI (EAST)
MUMBAI  -400096
Unaudited Financial Results for the Quarter ended 30th June, 2009
   
            (Rs.in Lacs)
    Figures for the  Audited figures  Consolidated 30.06.2009
Sr.               Particulars Quarter Ended on for the year Unaudited Audited for company exch.loss
No.     ended on For the Quarter ended on year ended Goldiam 36387439.49
    30.06.2009 30.06.2008 31.03.2009 30.06.2009 30.06.2008 31.03.2009 Jewellery 16234600.00
                Diagold 12934000.00
              Total  65,556,039.49
1   Net Sales/ Income from operations        989.31          1,892.88            5,593.97            3,986.03            6,579.06        21,282.26
             
             
2   Expenditure            
             
a)   (Increase)/decrease in stock in trade         (16.51)              (51.28)               231.80              (128.16)                  8.67           (365.86)
             
b)   Consumption of Raw Materials        495.81          1,375.92            3,735.61            2,862.83            5,140.28        15,928.46
             
c)   Purchase of Traded Goods        178.66             256.87               959.92               178.66               256.87          1,150.76
             
d)   Employees Cost        164.54             132.30               692.22               293.10               502.56          1,695.16
             
e)   Depreciation          28.97               37.95               163.45                 70.22                76.05            327.24
             
f)   Other expenditure        333.70             554.93            1,788.33               960.79               698.97          3,322.82
             
g)   Total     1,185.16          2,306.68            7,571.33            4,237.43            6,683.40        22,058.58
             
3   Profit from Operations before Other             
    Income, Interest & Exceptional Items            
    (1-2)       (195.85)            (413.80)           (1,977.36)              (251.40)              (104.34)           (776.33)
             
4   Other Income          80.19             169.08               596.52                 80.61               165.42            488.57
             
5   Profit before Interest & Exceptional            
    Items            
    (3+4)       (115.65)            (244.72)           (1,380.84)              (170.79)                61.08           (287.76)
             
6   Interest            1.62                 4.17                 14.07               118.63                55.66            312.34
             
7   Profit after Interest but before Exceptional            
    Items.(5-6)       (117.27)            (248.89)           (1,394.90)              (289.41)                  5.43           (600.10)
             
8   Exceptional Items               -                      -                        -                        -                       -                     -  
             
9   Profit(+)/Loss(-) from Ordinary Activities        (117.27)            (248.89)           (1,394.90)              (289.41)                  5.43           (600.10)
    before tax (7+8)            
             
10   Tax Expenses            8.85                 3.48                (32.60)                  3.09                  0.91             (68.80)
             
11   Net Profit(+)/Loss(-) from Ordinary Activities        (126.13)            (252.37)           (1,362.30)              (292.50)                  4.51           (531.30)
    after tax(9-10)            
             
12   Extraordinary Items ( net of tax Expense                -                      -                        -                        -                       -                     -  
    Rs. Nil )            
             
13   Minority Interest               -                      -                        -                (119.07)               (32.73)             (36.76)
             
14   Net Profit(+)/Loss(-) for the period.(11-12-13)       (126.13)            (252.37)           (1,362.30)              (173.43)                37.24           (494.53)
                
15   Paid up Equity Share Capital     2,554.60          2,682.26            2,554.60            2,554.60            2,682.26          2,554.60
    (Face Value Rs.10/-)            
             
16   Reserves excluding revaluation reserves as per               -                      -            12,942.74                      -                       -          15,328.17
    balance sheet of previous accounting year            
             
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)           (0.49)                (0.94)                 (5.33)                 (0.68)                  0.14               (1.94)
             
  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)           (0.49)                (0.94)                 (5.24)                 (0.68)                  0.14               (1.90)
             
18   Public Shareholding            
  a) No. of shares  11,997,896       13,077,014         11,997,896         11,997,896        13,077,014      11,997,896
  b) Percentage of shareholding 46.96% 48.75% 46.96% 46.96% 48.75% 46.96%
             
19 Promoters and promoter group Shareholding            
             
  a) Pledged/Encumbered             
      -Number of shares  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 
      -Percentage of shares ( as a % of the total            
      share capital of the company)   NIL   NIL   NIL   NIL   NIL   NIL 
             
  b) Non-encumbered             
      -Number of shares  13,548,100       13,745,537         13,548,100         13,548,100        13,745,537      13,548,100
      -Percentage of shares ( as a % of the total            
      shareholding of promoter and promoter            
      group) 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
      -Percentage of shares ( as a % of the total            
      share capital of the company)  53.04% 51.25% 53.04% 53.04% 51.25% 53.04%
             
               
   
1 The above results for the quarter ended 30th June,2009 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 31st July,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 1.62 crores and Rs.3.56 crores for the quarter ended on 30.06.2009 and 30.06.2008 respectively and of Rs.12.03 crores for the year ended on 31.03.09 . Further, in respect of the consolidated results, other expenditure includes foreign currency loss of Rs.6.56 crores and Rs.4.59 crores for the quarter ended 30.06.2009 and 30.06.2008 respectively and of Rs.15.53 crores for the year ended on 31.03.09.
 
 
4 Tax Expenses includes Current Tax and Deferred Tax for the quarter ended on 30.06.2009 and also includes Fringe Benefit Tax in addition to Current Tax, and Deferred Tax for the quarter ended on 30.06.2008 and year ended on 31.03.2009.
 
5 Two 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 41 of the Listing Agreement      
      (Rs.in Lacs)
    Figures for the  Audited for the Consolidated
Sr.               Particulars Quarter Ended on Year ended on Unaudited Audited for  
No.       For the Quarter ended on year ended  
    30.06.2009 30.06.2008 31.03.2009 30.06.2009 30.06.2008 31.03.2009
             
A PRIMARY SEGMENT:            
1 Segment Revenue :            
  a) Jewellery     1,014.32          1,894.80            5,692.79            4,017.69            6,579.06        21,409.08
  b) Investments          60.99             167.16               406.23                 30.00               165.42            224.94
  Total     1,075.31          2,061.96            6,099.02            4,047.69            6,744.48        21,634.02
  Less : Inter Segment Revenue               -                      -                        -                        -                       -                     -  
  Net Sales/ Income from operation     1,075.31          2,061.96            6,099.02            4,047.69            6,744.48        21,634.02
               
2 Segment Results :            
  Profit/(Loss) before tax and interest            
               
  a) Jewellery       (165.93)            (391.76)           (1,740.59)              (164.22)               (85.96)           (388.87)
  b) Investments          60.97             155.62               390.82                 29.97               155.63            206.74
               
  Total       (104.96)            (236.14)           (1,349.77)              (134.25)                69.67           (182.13)
               
  Less : i) Interest            1.62                 4.17                 14.07               118.63                55.66            312.34
            ii) Other un - allocable expenditure (Net)          10.69                 8.58                 31.06                 36.53                  8.58            105.63
               
  Total Profit Before Tax       (117.27)            (248.89)           (1,394.90)              (289.41)                  5.43           (600.10)
               
  Net Assets            
               
  a) Jewellery     6,645.96         10,688.78            6,992.15          10,042.70          15,297.29        10,685.72
  b) Investments     7,643.25          5,606.83            7,115.77            6,066.23            4,165.68          5,175.86
  c) Unallocated assets / (Liabilities)      1,081.99             781.40            1,389.42            1,652.38            1,320.85          2,021.20
  Total    15,371.20         17,077.01          15,497.34          17,761.31          20,783.82        17,882.77
             
             
B SECONDARY SEGMENT            
1 Segment Results:            
  Within India         (11.09)              (16.18)              (166.05)                (11.05)               (16.18)           (762.18)
  Exports Outside India       (154.84)            (375.58)           (1,574.55)              (153.17)               (69.78)            373.31
             
  Total Revenue       (165.93)            (391.76)           (1,740.59)              (164.22)               (85.96)           (388.87)
               
2 Segment Assets            
  Within India        145.38             774.46               484.38               126.56               750.93            196.62
  Exports Outside India     7,537.54         12,578.56            8,490.94          19,474.78          26,565.55        22,031.25
             
  Total Assets     7,682.92         13,353.02            8,975.33          19,601.34          27,316.48        22,227.87
             
3 Segment Liabilities            
  Within India          13.03               79.18                 15.29                 13.03                55.65              15.87
  Exports Outside India     1,023.93          2,585.06            1,967.89            9,545.61          11,963.54        11,526.29
             
  Total Liabilities     1,036.96          2,664.24            1,983.18            9,558.64          12,019.19        11,542.15
               
               
     
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 : 31st July, 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 THE QUARTER ENDED        
No. Ended quarter In Ended on Ended on     Months Months Months quarter quarter quarter quarter 31.3.2010 31.3.2009 year ended year ended            
  On Previous year 31.12.2009 31.12.2008    Ended Ended Ended Ended         (GOLDIAM)   31.03.2010 31.03.2009            
  31.12.2009 Ended On       On 30.09.2008 6/30/2009 6/30/2008 30.09.2009 30.09.2008 31.03.2010 31.03.2009   (Audited) (Audited) 30.06.2009 30.09.2009 31.12.2009 30.06.2008 30.09.2008 31.12.2008
    31.12.2008       30.09.2009                                  
                                                 
1   Net Sales/ Income from operations     1,816.72          1,816.72            4,583.22            4,583.22            2,766.50      2,766.50         989.31          1,892.88          1,777.19         873.62      1,010.75           1,010.75         5,593.97              5,593.97        21,282.26            21,282.26              3,986.03     12,179.26            18,790.12              6,579.06     12,179.26    18,790.12
                                                 
2   Expenditure                                              
                                                 
a)  (Increase)/decrease in stock in trade          81.64               81.64                 99.67                 99.67                18.03          18.03         (16.51)              (51.28)               34.54          69.31         132.12              132.12            231.80                 231.80            (365.86)                (365.86)                (128.16)          123.47                (252.56)                    8.67          123.47       (252.56)
                                                 
b)  Consumption of Raw Materials     1,227.30          1,227.30            3,254.66            3,254.66            2,027.36      2,027.36         495.81          1,375.92          1,531.55         651.44         480.95              480.95         3,735.61              3,735.61        15,928.46            15,928.46              2,862.83       9,544.68            14,955.65              5,140.28       9,544.68    14,955.65
                                                 
c)   Purchase of Traded Goods          25.35               25.35               352.63               352.63              327.28        327.28         178.66             256.87             148.62          70.41         607.29              607.29            959.92                 959.92          1,150.76              1,150.76                 178.66          327.28                 352.63                 256.87          327.28        352.63
                                                 
d)   Employees Cost        335.06             335.06               619.42               619.42              284.36        284.36         164.54             132.30             119.82         152.06          72.80                72.80            692.22                 692.22          1,695.16              1,695.16                 293.09          762.00              1,388.75                 502.56          762.00      1,388.75
                                                 
e)   Depreciation          38.29               38.29               114.63               114.63                76.34          76.34          28.97               37.95               47.38          38.40          48.82                48.82            163.45                 163.45             327.24                 327.24                  70.22          153.62                 246.80                  76.05          153.62        246.80
                                                 
f)   Other expenditure        662.58             662.58            1,653.22            1,653.22            990.64        990.64         333.70             554.93             656.94         435.71         135.11              135.11         1,788.33              1,788.33          3,322.82              3,322.82                 960.79       1,585.58              2,623.88                 698.97       1,585.58      2,623.88
       
g)   Total     2,370.22          2,370.22            6,094.24            6,094.23                     -            3,724.02      3,724.02      1,185.17          2,306.68          2,538.85      1,417.33      1,477.09           1,477.09         7,571.33              7,571.33        22,058.58            22,058.58              4,237.43     12,496.63            19,315.14              6,683.40     12,496.63    19,315.14
                                                 
3 Profit from Operations before Other                                               
  Income, Interest & Exceptional Items                                              
  (1-2)       (553.49)            (553.50)           (1,511.02)           (1,511.01)                     -             (957.52)       (957.52)        (195.86)            (413.80)            (761.66)        (543.71)        (466.34)             (466.34)        (1,977.36)             (1,977.36)            (776.33)                (776.33)                (251.40)         (317.37)                (525.02)                (104.34)         (317.37)       (525.02)
                                             
4   Other Income          67.32               67.32               251.75               251.75              184.43        184.43          80.19             169.08             104.24          15.35         344.77              344.77            596.52                 596.52             488.57                 488.57                  80.61            92.85                 161.50                 165.42           92.85        161.50
                                             
5 Profit before Interest & Exceptional       (486.17)            (486.18)           (1,259.27)           (1,259.26)                     -             (773.09)       (773.09)        (115.66)            (244.72)            (657.42)        (528.36)        (121.58)             (121.58)        (1,380.84)             (1,380.84)            (287.76)                (287.76)                (170.79)         (224.52)                (363.53)                  61.08         (224.52)       (363.53)
  Items                                          
  (3+4)                                          
                                             
6   Interest            1.29                 1.29                  7.96                  7.96                  6.67            6.67            1.62                 4.17                 5.05            2.50            6.11                 6.11              14.07                  14.07             312.34                 312.34                 118.63          121.71                 235.39                  55.66          121.71        235.39
                                                 
7 Profit after Interest but before exceptional       (487.46)            (487.47)           (1,267.22)           (1,267.21)                     -             (779.76)       (779.76)        (117.28)            (248.89)            (662.47)        (530.86)        (127.69)             (127.69)        (1,394.91)             (1,394.91)            (600.10)                (600.10)                (289.41)         (346.24)                (598.91)                    5.42         (346.23)       (598.91)
  Items.(5-6)    
       
8   Exceptional Items                           -                 -  
                                                 
9   Profit(+)/Loss(-) from Ordinary Activities before       (487.46)            (487.47)           (1,267.22)           (1,267.21)                     -             (779.76)       (779.76)        (117.28)            (248.89)            (662.47)        (530.86)        (127.69)             (127.69)        (1,394.91)             (1,394.91)            (600.10)                (600.10)                (289.41)         (346.24)                (598.91)                    5.42         (346.23)       (598.91)
    tax (7+8)                                              
                                                 
10   Tax Expenses            4.56                 4.56                 12.92                 12.92                  8.36            8.36            8.85                 3.48                (0.50)            4.88         (45.52)               (45.52)             (32.60)                 (32.60)             (68.80)                 (68.80)                    3.09            20.64                  26.21                    0.91           20.64          26.21
                                                 
11   Net Profit(+)/Loss(-) from Ordinary Activities        (492.01)            (492.02)           (1,280.14)           (1,280.13)                     -             (788.12)       (788.12)        (126.14)            (252.37)            (661.98)        (535.74)         (82.17)               (82.16)        (1,362.31)             (1,362.31)            (531.30)                (531.30)                (292.50)         (366.88)                (625.12)                    4.51         (366.87)       (625.12)
    after tax (9-10)                                              
                                                 
12   Extraordinary Items ( net of tax Expense                           -                        -                       -                     -                 -                 -                      -                      -                 -                 -                       -                     -                         -                     -                         -                         -                   -                         -                         -                  -                 -  
    Rs.                )                                              
                                                 
13   Minority Interest                                           (36.76)                 (36.76)                (119.07)           (87.99)                 (82.61)                 (32.73)          (87.99)         (82.59)
                                                 
14   Net Profit(+)/Loss(-) for the period.(11-12-13)       (492.01)            (492.02)           (1,280.14)           (1,280.13)                     -             (788.12)       (788.12)        (126.14)            (252.37)            (661.98)        (535.74)         (82.17)               (82.16)        (1,362.31)             (1,362.31)            (494.52)                (494.52)                (173.43)         (278.88)                (542.51)                  37.24         (278.88)       (542.53)
                                                    
15   Paid up Equity Share Capital     2,554.60          2,554.60            2,554.60            2,554.60            2,588.16      2,703.28      2,554.60          2,682.26          2,588.16      2,588.16      2,554.60           2,703.28         2,554.60              2,554.60          2,554.60              2,554.60              2,554.60       2,588.16              2,554.60              2,682.26       2,558.16      2,554.60
    (Face Value Rs.10/-)                                              
                                                 
16   Reserves excluding revaluation                          -                        -                       -                 -                 -                      -                 12,942.74            12,942.74        15,328.17            15,328.17            
    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)                (1.93)                 (5.01)                 (5.01)                 (3.05)           (2.92)           (0.49)                (0.94)                (2.56)           (2.07)           (0.32)                (0.30)              (5.33)                   (5.33)               (1.94)                   (1.94)                   (0.68)            (1.08)                   (2.12)                    0.14            (1.09)           (2.12)
       
  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)                (1.93)                 (5.01)                 (5.01)                 (3.05)           (2.92)           (0.49)                (0.94)                (2.56)           (2.07)           (0.30)                (0.30)              (5.24)                   (5.24)               (1.90)                   (1.90)                   (0.68)            (1.08)                   (2.12)                    0.14            (1.09)           (2.12)
                                                 
18 Public Shareholding                                              
  a) No. of Shares  11,800,459       11,800,459         11,800,459         11,800,459        12,136,070  13,287,263  11,997,896       13,077,014       12,136,070  12,136,070  11,997,896        13,287,263      11,997,896          11,997,896      11,997,896          11,997,896          11,997,896    12,136,070          11,800,459          13,077,014   12,136,070  11,800,459
  b) Percentage of shareholding 46.19% 46.19% 46.19% 46.19%   46.89% 49.15% 46.96% 48.75% 46.89% 46.89% 46.96% 49.15% 46.96% 46.96% 46.96% 46.96% 46.96% 46.89% 46.19% 48.75% 46.89% 46.19%
                                                 
                                                 
19 Promoters and promoter group Shareholding                                              
  a) Pledged/Encumbered                                               
      Number of shares  NIL   NIL   NIL   NIL   NIL   NIL   NIL   NIL   NIL   NIL   NIL   NIL   NIL   NIL   NIL   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   NIL   NIL   NIL   NIL   NIL   NIL   NIL   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   NIL   NIL   NIL   NIL   NIL   NIL   NIL   NIL   NIL   NIL   NIL   NIL   NIL   NIL   NIL 
                                   
  b) Non-encumbered                                               
      Number of shares         13,745,537           13,745,537        13,548,100       13,745,537    13,745,537  Nil         13,548,100  Nil           13,548,100  Nil           13,548,100          13,548,100              13,745,537   13,745,537  13,745,537
      Percentage of shares ( as a % of the total                                
      shareholding of promoter and promoter                                              
      group)   100%   100%       100% 100%   100%  Nil  100%  Nil  100%  Nil  100% 100%     100.00% 100.00% 100.00%
      Percentage of shares ( as a % of the total                                
      share capital of the company)    51.25%   51.25%       53.04% 51.25%   51.25%  Nil  53.04%  Nil  53.04%  Nil  53.04% 53.04%     51.25% 51.25% 51.25%
                                                 
                                   
  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