GOLDIAM INTERNATIONAL LIMITED
		REGISTERED OFFICE
		GEMS & JEWELLERY COMPLEX
		SEEPZ , ANDHERI (EAST)
		MUMBAI  -400096
		Unaudited Financial Results for the Quarter ended   30TH JUNE, 2008
								(RS.IN LACS)
			Unaudited		Audited Figures	Consolidated
	Sr.	Particulars	Figures for the		for the year	Unaudited		Audited for
	No.		Quarter Ended on		ended	For the Quarter ended on		year ended
			30.06.2008	30.06.2007	31.03.2008	30.06.2008	30.06.2007	31.03.2008
	1	Net Sales/ Income from operations	1,892.88	2,053.87	9,411.43	6,579.06	6,049.21	28,064.75
		(Net of VAT)
	2	Other Income	169.08	38.25	441.31	165.42	37.53	338.42
	3	Total Income	2,061.96	2,092.11	9,852.73	6,744.48	6,086.74	28,403.18
	4	Total Expenditure
	a)	(Increase)/decrease in stock in trade	(51.28)	(67.14)	(299.62)	8.67	(119.83)	(395.23)
	b)	Consumption of Raw Materials	1,375.92	1,720.65	7,294.18	5,140.28	5,100.14	22,823.43
	c)	Purchase of Traded Goods	256.87	48.25	644.58	256.87	32.50	549.69
	d)	Employees Cost	132.30	163.96	664.24	502.56	363.29	1,523.36
	e)	Depreciation	37.95	48.40	182.45	76.05	91.24	342.71
	f)	Other expenditure	554.93	265.09	1,278.72	698.97	506.12	2,368.65
	g)	Total	2,306.68	2,179.21	9,764.56	6,683.40	5,973.46	27,212.61
	5	Interest	4.17	10.72	36.43	55.66	73.00	277.72
	6	Exceptional Items	-	-	-	-	-	-
	7	Profit(+)/Loss(-) from Ordinary Activities before	(248.89)	(97.81)	51.75	5.43	40.28	912.84
		tax
	8	Tax Expenses	3.48	2.62	62.13	0.91	2.52	95.20
	9	Net Profit(+)/Loss(-) from Ordinary Activities	(252.37)	(100.43)	(10.38)	4.51	37.76	817.64
		after tax
	10	Extraordinary Items ( net of tax Expense	-	-	-	-	-	-
		Rs.NIL       )
	11	Minority Interest	-	-	-	(32.73)	(16.38)	96.18
	12	Net Profit(+)/Loss(-) for the period.	(252.37)	(100.43)	(10.38)	37.24	54.14	721.46
	13	Paid up Equity Share Capital	2,682.26	2,703.28	2,703.28	2,682.26	2,703.28	2,703.28
		(Face Value Rs.10/-)
	14	Reserves excluding revaluation	-	-	14,749.33	-	-	16,365.45
		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)	(0.94)	(0.37)	(0.04)	0.14	0.20	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)	(0.94)	(0.37)	(0.04)	0.14	0.20	2.67
	16	Public Shareholding
		a) No. of Shares	13,077,014	13,302,263	13,287,263	13,077,014	13,302,263	13,287,263
		b) Percentage of shareholding	48.75	49.21	49.15	48.75	49.21	49.15
	1	The above results for the quarter ended 30th June,2008 have been subjected to "Limited Review" by the Auditors of the Company and 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 July, 2008
	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	Three complaints received during the quarter have been replied/redressed.There were no complaints pending at the beginning and end of the quarter.
	4	Tax Expenses includes Current Tax,Deferred Tax and Fringe Benefit Tax.
	5	The Company has bought back 898861 equity shares through market operations till date.
	6	The Board has decided to incorporate a wholly owned subsidiary in U.S.A. and the management is taking necessary steps to open the subsidiary.
	7	The Stand alone results of the Company are 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.
	8	The figures in Rs.Lacs are rounded off to two decimals.
		Segment wise Revenue,Results and Capital Employed under Clause 41of the Listing Agreement
			Unaudited		Audited Figures	Consolidated
	Sr.	Particulars	Figures for the		for the year	Unaudited		Audited for
	No.		Quarter Ended on		ended	For the Quarter ended on		year ended
			30.06.2008	30.06.2007	31.03.2008	30.06.2008	30.06.2007	31.03.2008
	A	PRIMARY SEGMENT:
	1	Segment Revenue :
		a) Jewellery	1,894.80	2,053.87	9,465.88	6,579.06	6,049.21	28,067.75
		b) Investments	167.16	38.24	386.85	165.42	37.53	335.43
		Total	2,061.96	2,092.11	9,852.73	6,744.48	6,086.74	28,403.18
		Less : Inter Segment Revenue
		Net Sales/ Income from operation	2,061.96	2,092.11	9,852.73	6,744.48	6,086.74	28,403.18
	2	Segment Results :
		Profit/(Loss) before tax and interest
		a) Jewellery	(391.76)	(114.74)	(223.40)	(85.96)	98.49	932.88
		b) Investments	155.62	31.27	337.39	155.63	30.52	284.90
		Total	(236.14)	(83.47)	113.99	69.67	129.01	1,217.78
		Less : i) Interest	4.17	10.72	36.43	55.66	85.11	277.72
		ii) Other un - allocable expenditure (Net)	8.58	3.62	25.81	8.58	3.62	27.22
		Total	12.75	14.34	62.24	64.24	88.73	304.94
		Total Profit Before Tax	(248.89)	(97.81)	51.75	5.43	40.28	912.84
		Net Assets
		a) Jewellery	10,688.78	10,709.13	11,640.19	15,297.29	13,304.12	14,109.24
		b) Investments	5,606.83	6,172.91	5,073.92	4,165.68	5,160.62	3,310.67
		c) Unallocated assets / (Liabilties)	781.40	543.10	738.50	1,320.85	1,588.62	1,648.82
		Total	17,077.01	17,425.14	17,452.61	20,783.82	20,053.36	19,068.73
	B	SECONDARY SEGMENT
	1	Segment Revenue :
		Within India	(16.18)	(34.21)	(200.99)	(16.18)	(34.21)	(196.53)
		Exports Outside India	(375.58)	(80.53)	(22.41)	(69.78)	132.70	1,129.41		54.29
		Total Revenue	(391.76)	(114.74)	(223.40)	(85.96)	98.49	932.88
	2	Segment Assets
		Within India	774.46	976.20	797.89	750.93	976.20	864.35
		Exports Outside India	12,578.56	11,646.96	13,395.55	26,565.55	20,713.28	27,089.27
		Total Assets	13,353.02	12,623.16	14,193.44	27,316.48	21,689.48	27,953.62
	3	Segment Liabilities
		Within India	79.18	63.78	460.95	55.65	63.78	460.95
		Exports Outside India	2,585.06	1,850.26	2,092.30	11,963.54	8,321.59	13,383.43
		Total Liabilities	2,664.24	1,914.04	2,553.25	12,019.19	8,385.37	13,844.38
	1	The Company has identified two reportable segments viz. Jewellery Manufacturing and Investment Activity. Segment 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 M.Bhansali
		Dated:  31st JULY,2008                                                                             VICE CHAIRMAN &  MANAGING DIRECTOR
		depreciation on goodwill
			10,688.78	10,709.12	11,640.19	15,297.29	13,304.11	14,109.24
			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	31.3.2007	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	3818.75	3818.75	8393.95	8393.96		4575.19	4575.19	1892.88	2053.87	2682.31	2521.33	1,017.48	1,017.47	9411.43	9411.43	28064.75	28064.75	6579.06	12220.80	22630.87	6049.21	12220.80	22630.87
	2	Other Income	565.97	565.97	666.57	666.57		100.59	100.59	169.08	38.25	(68.49)	62.35	(225.26)	(225.26)	441.31	441.31	338.42	338.42	165.42	118.35	659.80	37.53	118.35	659.80
	3	Total Income	4,384.72	4,384.72	9,060.51	9,060.52	-	4,675.79	4,675.79	2,061.96	2,092.11	2,613.82	2,583.67	792.22	792.21	9,852.73	9,852.73	28,403.18	28,403.18	6,744.48	12,339.15	23,290.67	6,086.74	12,339.15	23,290.67
	4	Expenditure
	a)	(Increase)/decrease in stock in trade	(102.00)	(102.00)	(218.08)	(218.08)		(116.09)	(116.09)	(51.28)	(67.14)	(64.80)	(48.95)	(81.54)	(94.51)	(299.62)	(299.62)	(395.23)	(395.23)	8.67	(125.87)	(194.00)	(119.83)	(125.87)	(194.00)
	b)	Consumption of Raw Materials	3316.87	3316.87	6,794.89	6794.89		3478.01	3478.01	1375.92	1720.65	2102.10	1757.36	499.29	499.29	7294.18	7294.18	22823.43	22823.43	5,140.28	9742.03	18568.47	5,100.14	9742.03	18568.47
	c)	Purchase of Traded Goods	223.02	223.02	458.23	458.23		235.22	235.22	256.87	48.25	-21.65	186.97	186.34	186.34	644.58	644.58	549.69	549.69	256.87	198.45	378.32	32.50	198.45	378.32
	d)	Employees Cost	150.55	150.55	509.25	509.25		358.69	358.69	132.30	163.96	226.40	194.74	155.00	155.00	664.24	664.24	1523.36	1523.36	502.56	752.29	1119.80	363.29	752.29	1119.80
	e)	Depreciation	51.10	51.10	149.78	149.78		98.68	98.68	37.95	48.40	60.74	50.28	32.67	32.67	182.45	182.45	342.71	342.71	76.05	185.21	281.41	91.24	185.21	281.41
	f)	Other expenditure	214.66	214.66	817.03	817.03		602.37	602.37	554.93	265.09	47.44	337.29	461.69	461.69	1278.72	1278.72	2368.65	2368.65	698.97	1065.34	1539.63	506.12	1065.34	1539.63
	g)	Total	3854.21	3854.21	8511.10	8511.10	0.00	4656.90	4656.89	2306.68	2179.21	2350.21	2477.69	1253.45	1240.48	9764.56	9764.56	27212.61	27212.61	6683.40	11817.45	21693.64	5973.46	11817.45	21693.64
	5	Interest	11.47	11.47	27.47	27.47		16.00	16.00	4.17	10.72	11.83	5.29	8.96	8.96	36.43	36.43	277.72	277.72	55.66	141.36	235.44	73.00	141.36	235.44
	6	Exceptional Items																				-			-
	7	Profit(+)/Loss(-) from Ordinary Activities before	519.05	519.05	521.94	521.95	0.00	2.89	2.90	(248.89)	(97.81)	251.78	100.70	(470.19)	(457.23)	51.75	51.75	912.84	912.84	5.43	380.35	1361.59	40.28	380.35	1361.59
		tax
	8	Tax Expenses	166.74	166.74	181.47	181.47		14.73	14.73	3.48	2.62	11.25	12.11	(119.35)	(99.34)	62.13	62.13	95.20	95.20	0.91	17.80	192.11	2.52	17.80	192.11
	9	Net Profit(+)/Loss(-) from Ordinary Activities	352.31	352.31	340.47	340.48	0.00	(11.84)	-11.83	(252.37)	(100.43)	240.52	88.59	(350.85)	(357.88)	(10.38)	(10.38)	817.64	817.64	4.51	362.55	1169.48	37.76	362.55	1169.48
		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
		Rs.                )
	11	Minority Interest																96.18	96.18	(32.73)	51.30	164.20	(16.38)	51.30	164.20
	12	Net Profit(+)/Loss(-) for the period.	352.31	352.31	340.47	340.48	-	(11.84)	(11.83)	(252.37)	(100.43)	240.52	88.59	(350.85)	(357.88)	(10.38)	(10.38)	721.46	721.46	37.24	311.25	1,005.28	54.14	311.25	1,005.28
	13	Paid up Equity Share Capital	2703.28	2703.28	2703.28	2698.28		2703.28	2698.28	2682.26	2703.28	2703.28	2703.28	2,703.28	2703.28	2703.28	2703.28	2703.28	2703.28	2682.26	2703.28	2703.28	2703.28	2703.28	2703.28
		(Face Value Rs.10/-)
	14	Reserves excluding revaluation			0.00	0.00		0.00	0.00	0.00	0.00					14749.33	14749.33	16365.45	16365.45
		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	1.30	1.26	1.26		-0.04	-0.04	(0.94)	(0.37)	0.89	0.33	(1.30)	(1.32)	(0.04)	(0.04)	2.67	2.67	0.14	1.15	3.72	0.20	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)	1.30	1.30	1.26	1.26		-0.04	-0.04	(0.94)	(0.37)	0.89	0.33	(1.30)	(1.32)	(0.04)	(0.04)	2.67	2.67	0.14	1.15	3.72	0.20	1.15	3.72
	16	Public Shareholdiang
		a) No. of Shares	13287263	13287263	13287263	12402263		13287263	12485799	13077014	13302263	13287263	13287263	13287263	13302263	13287263	13287263	13287263	13287263	13077014			13302263
		b) Percentage of shareholding	49.15	49.15	49.15	45.96		49.15	46.27	48.75	49.21	49.15	49.15	49.15	49.21	49.15	49.15	49.15	49.15	48.75			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