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 30th September, 2009
   
                  (Rs.in Lacs)
    Figures for the  Year to date for the period ended on Audited for the year ended on Consolidated
Sr.               Particulars Quarter ended on Figures for the Quarter ended on Year to date for the period ended on Audited for the year ended on
       
No.                
    30.09.2009 30.09.2008 30.09.2009 30.09.2008 31.03.2009 30.09.2009 30.09.2008 30.09.2009 30.09.2008 31.03.2009
                       
                     
1   Net Sales/ Income from operations          2,048.22              873.62          3,037.53           2,766.50         5,593.97            4,749.04            5,600.20            8,735.08          12,179.26      21,282.26
                     
                     
2   Expenditure                    
                     
a)  (Increase)/decrease in stock in trade              (17.21)               69.31             (33.72)               18.03            231.80              (236.31)               114.80              (364.47)               123.47          (365.86)
                     
b)  Consumption of Raw Materials          1,283.23              651.44          1,779.04           2,027.36         3,735.61            3,332.33            4,404.40            6,195.16            9,544.68      15,928.46
                     
c)   Purchase of Traded Goods             352.97               70.41             531.63              327.28            959.92               378.07                 70.41               556.73               327.28        1,150.76
                     
d)   Employees Cost             153.63              152.06             318.17              284.36            692.22               317.88               259.44               610.98               762.00        1,695.16
                     
e)   Depreciation               30.31               38.40              59.27               76.34            163.45                83.25                 77.57               153.47               153.62           327.24
                     
f)   Other expenditure             420.64              435.71             754.34              990.64         1,788.33               698.45               886.61            1,659.24            1,585.58        3,322.82
                     
g)   Total          2,223.56           1,417.33          3,408.73           3,724.01         7,571.33            4,573.67            5,813.23            8,811.10          12,496.63      22,058.58
                     
3   Profit from Operations before Other                     
    Income, Interest & Exceptional Items                    
    (1-2)            (175.34)             (543.71)            (371.20)             (957.51)        (1,977.36)               175.37              (213.03)               (76.03)              (317.37)          (776.33)
                     
4   Other Income             156.51               15.35             236.70              184.43            596.52               113.76                (72.57)               194.37                 92.85           488.57
                     
5   Profit before Interest & Exceptional                    
    Items                    
    (3+4)              (18.83)             (528.36)            (134.50)             (773.08)        (1,380.84)               289.13              (285.60)               118.34              (224.52)          (287.76)
                     
6   Interest                 2.17                 2.50                3.79                 6.67             14.07               116.66                 66.06               235.29               121.71           312.34
                     
7   Profit after Interest but before exceptional                    
    Items.(5-6)              (21.01)             (530.86)            (138.29)             (779.75)        (1,394.90)               172.47              (351.66)              (116.95)              (346.23)          (600.10)
                     
8   Exceptional Items                    -                      -                     -                      -                    -                       -                        -                       -                        -                    -  
                     
9   Profit(+)/Loss(-) from Ordinary Activities               (21.01)             (530.86)            (138.29)             (779.75)        (1,394.90)               172.47              (351.66)              (116.95)              (346.23)          (600.10)
    before tax (7+8)                    
                     
10   Tax Expenses              (48.39)                 4.88             (39.53)                 8.36            (32.60)               (60.98)                 19.73               (57.89)                 20.64            (68.80)
                     
11   Net Profit(+)/Loss(-) from Ordinary Activities                27.39             (535.74)             (98.75)             (788.11)        (1,362.30)               233.45              (371.39)               (59.05)              (366.87)          (531.30)
    after tax(9-10)                    
                     
12   Extraordinary Items ( net of Tax Expense                     -                      -                     -                      -                    -                           -                        -                    -  
    Rs. Nil   )                    
                     
13   Minority Interest                    -                      -                     -                      -                    -                  22.13                (55.27)               (96.95)                (87.99)            (36.76)
                     
14   Net Profit(+)/Loss(-) for the period.(11-12-13)               27.39             (535.74)             (98.75)             (788.11)        (1,362.30)               211.32              (316.12)                37.89              (278.88)          (494.53)
                        
15   Paid up Equity Share Capital          2,554.60           2,588.16          2,554.60           2,588.16         2,554.60            2,554.60            2,588.16            2,554.60            2,588.16        2,554.60
    (Face Value Rs.10/-)                    
                     
16   Reserves excluding revaluation reserves as                    -                      -                     -                      -         12,942.74                     -                        -                       -                        -        15,328.17
   per 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)                 0.11                (2.07)               (0.39)                (3.05)              (5.33)                  0.83                 (1.22)                  0.15                 (1.08)             (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)                 0.11                (2.07)               (0.39)                (3.05)              (5.24)                  0.83                 (1.22)                  0.15                 (1.08)             (1.90)
                     
18 Public Shareholding                    
  a) No. of Shares       11,997,896       12,136,070      11,997,896       12,136,070     11,997,896        11,997,896         12,136,070        11,997,896         12,136,070     11,997,896
  b) Percentage of Shareholding 46.97% 46.89% 46.97% 46.89% 46.97% 46.97% 46.89% 46.97% 46.89% 46.97%
                     
19 Promoters and promoter group Shareholding                    
  a) Pledged/Encumbered                     
      Number of shares 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
      Percentage of shares ( as a % of the total                    
      share capital of the company)  Nil Nil 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        13,548,100         13,745,537        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% 100.00% 100.00% 100.00% 100.00%
      Percentage of shares ( as a % of the total                    
      share capital of the company)  53.03% 53.11% 53.03% 53.11% 53.03% 53.03% 53.11% 53.03% 53.11% 53.03%
                     
                       
   
1 The above results for the quarter ended 30th September, 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 30th October, 2009.
2 Consolidated financial statements of the Company, its subsidiaries and Joint Ventures have been prepared in accordance with Accounting Standards on Consolidated Financial Statements 
  (AS 21 ) and Financial Reporting of Interests in Joint Venture ( AS-27) issued by The Institute of Chartered Accountants of India.
3 Other expenditure includes foreign currency loss of Rs.4.13 crores, Rs.5.75 crores and Rs.12.03 crores for the quarter ended 30.09.09, period ended 30.09.09 and year ended 31.03.09   
  respectively and Rs.2.85 crores & Rs.6.41 crores for  the corresponding quarter & period for the previous year.Further, in respect of the consolidated  results, other expenditure includes
  foreign currency loss of Rs.1.54 crores, Rs.8.10 crores and Rs.15.53 crores for the quarter ended  30.09.09, period ended 30.09.09 and year ended 31.03.09 respectively, and Rs.3.15 
  crores & 7.04 crores for the corresponding quarter &  period for the previous year.
4 Tax Expenses includes Current Tax & Deferred Tax for the quarter & period ended on 30.09.09 and also includes Fringe Benefit Tax in addition to Current Tax and Deferred Tax for the 
  quarter & period ended on 30.09.2008 and year ended on 31.03.2009
5 Five complaints received during the quarter have been replied/redressed.There were no complaints pending at the beginning and end of the quarter.
6 The Board of Directors at its Meeting held on 30th October,2009 has approved the Buy-back of its fully paid-up Equity Shares from Open market through Stock Exchanges at a price not exceeding Rs.50/- per Equity Share for an aggregate consideration not exceeding Rs.5.25 crores,representing approximately 3.53% of the paid up equity share capital & free reserves of the Company as on 31.03.2009.    
   
   
7 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 of India 
  websites www.bseindia.com and www.nseindia.com respectively.
8 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  Year to date for the period ended on Audited for the year ended on Consolidated
Sr.               Particulars Quarter ended on Figures for the Quarter ended on Year to date for the period ended on Audited for the year ended on
       
No.              
    30.09.2009 30.09.2008 30.09.2009 30.09.2008 31.03.2009 30.09.2009 30.09.2008 30.09.2009 30.09.2008 31.03.2009
                   
A PRIMARY SEGMENT:                    
1 Segment Revenue :                    
  a) Jewellery          2,098.22              895.83          3,112.54           2,790.63         5,692.79            4,798.88            5,650.45            8,816.57          12,229.51      21,409.08
  b) Investments             100.77                (6.86)             161.76              160.30            406.23                82.88              (122.82)               112.88                 42.60           224.94
  Total          2,198.99              888.97          3,274.30           2,950.93         6,099.02            4,881.76            5,527.63            8,929.45          12,272.11      21,634.02
  Less : Inter Segment Revenue                    -                      -                     -                      -                    -                           -                        -                    -  
  Net Sales/ Income from Operations          2,198.99              888.97          3,274.30           2,950.93         6,099.02            4,881.76            5,527.63            8,929.45          12,272.11      21,634.02
                       
2 Segment Results :                    
  Profit/(Loss) before tax and interest                    
                       
  a) Jewellery            (112.32)             (511.44)            (278.25)             (903.20)        (1,740.59)               235.85              (149.76)                71.63              (235.72)          (388.87)
  b) Investments             100.63                (8.82)             161.60              146.80            390.82                82.75              (127.75)               112.72                 27.88           206.74
                       
  Total              (11.69)             (520.26)            (116.65)             (756.40)        (1,349.77)               318.60              (277.51)               184.35              (207.84)          (182.13)
                       
  Less : i) Interest                 2.17                 2.50                3.79                 6.67             14.07               116.66                 66.06               235.29               121.71           312.34
            ii) Other un-allocable expenditure (Net)                 7.15                 8.10              17.85               16.68             31.06                29.47                  8.10                66.01                 16.68           105.63
                       
  Total Profit Before Tax              (21.01)             (530.86)            (138.29)             (779.75)        (1,394.90)               172.47              (351.66)              (116.95)              (346.23)          (600.10)
                       
3 Capital Employed                    
                       
  a) Jewellery          5,972.48           9,589.20          5,972.48           9,589.20         6,992.15            9,526.67          14,740.84            9,526.67          14,740.84      10,685.72
  b) Investments          8,821.49           5,906.75          8,821.49           5,906.75         7,115.77            7,292.68            3,897.66            7,292.68            3,897.66        5,175.86
  c) Unallocated assets / (Liabilties)              604.62              653.80             604.62              653.80         1,389.42            1,036.67            1,504.96            1,036.67            1,504.96        2,021.20
  Total         15,398.59         16,149.75        15,398.59         16,149.75       15,497.34          17,856.02          20,143.46          17,856.02          20,143.46      17,882.77
                       
                       
B SECONDARY SEGMENT                    
1 Segment Revenue :                    
  Within India               12.73              (99.12)                1.64             (115.30)           (166.05)                12.69                (99.11)                  1.64              (115.29)          (762.18)
  Exports Outside India            (125.05)             (412.32)            (279.89)             (787.90)        (1,574.55)               223.16                (50.65)                69.99              (120.43)           373.31
                       
  Total Revenue            (112.32)             (511.44)            (278.25)             (903.20)        (1,740.59)               235.85              (149.76)                71.63              (235.72)          (388.87)
     
2 Segment Assets                    
  Within India               83.38              620.95              83.38              620.95            484.38                76.45               620.95                76.45               620.95           196.62
  Exports Outside India          7,437.67         11,882.80          7,437.67         11,882.80         8,490.94          19,298.18          28,967.63          19,298.18          28,967.63      22,031.25
                       
  Total Assets          7,521.05         12,503.75          7,521.05         12,503.75         8,975.33          19,374.63          29,588.58          19,374.63          29,588.58      22,227.87
                       
3 Segment Liabilities                    
  Within India                 0.66               23.83                0.66               23.83             15.29                  0.66                 23.83                  0.66                 23.83             15.87
  Exports Outside India          1,547.91           2,890.72          1,547.91           2,890.72         1,967.89            9,847.30          14,823.91            9,847.30          14,823.91      11,526.29
                       
  Total Liabilities          1,548.57           2,914.55          1,548.57           2,914.55         1,983.18            9,847.96          14,847.74            9,847.96          14,847.74      11,542.15
                       
   
     
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.
2 The Company has identified Geographic Segments as its Secondary Segments. 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 October,2009 Vice Chairman & Managing Director