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, 2011
								(Rs. in Lacs)
			STANDALONE			CONSOLIDATED
			Unaudited figures for the		Audited figures			Audited figures
	Sr.	Particulars	Quarter ended on		for the year	Unaudited		for the year
	No.				ended on	For the Quarter ended on		ended on
			30.06.2011	30.06.2010	31.03.2011	30.06.2011	30.06.2010	31.03.2011
	1	a)  Net Sales/ Income from operations	2,450.45	1,941.02	7,862.22	6,506.33	5,278.87	23,906.70
		b)  Other Operating Income	-	-	-	-	-	-
	2	Expenditure
	a)	(Increase)/decrease in stock in trade & work in progress	97.48	(93.12)	(74.54)	165.81	(571.67)	(1,719.61)
	b)	Consumption of Raw Materials	1,798.40	1,332.64	5,599.39	4,358.87	4,390.95	18,488.06
	c)	Purchase of Traded Goods	245.19	355.28	1,138.40	872.10	480.07	2,791.85
	d)	Employees Cost	33.30	29.55	123.23	117.14	97.47	476.99
	e)	Depreciation	30.53	29.32	136.98	50.53	50.53	230.31
	f)	Other expenditure	134.55	141.84	584.48	446.17	438.79	1,742.07
	g)	Total	2,339.45	1,795.51	7,507.95	6,010.62	4,886.15	22,009.67
	3	Profit from Operations before Other
		Income, Interest & Exceptional Items (1-2)	111.00	145.51	354.27	495.72	392.72	1,897.03
	4	Other Income	138.02	155.32	498.04	148.11	155.33	497.84
	5	Profit before Interest & Exceptional
		Items (3+4)	249.01	300.83	852.31	643.82	548.05	2,394.87
	6	Interest	14.31	10.47	48.47	102.62	87.98	373.02
	7	Profit after Interest but before Exceptional
		Items.(5-6)	234.70	290.36	803.85	541.20	460.07	2,021.85
	8	Exceptional Items	-	-	-	-	-	-
	9	Profit(+)/Loss(-) from Ordinary Activities	234.70	290.36	803.85	541.20	460.07	2,021.85
		before tax (7+8)
	10	Tax Expenses	25.30	38.67	169.46	94.76	39.45	203.75
	11	Net Profit(+)/Loss(-) from Ordinary Activities	209.40	251.69	634.38	446.45	420.62	1,818.10
		after tax(9-10)
	12	Extraordinary Items ( net of tax Expense	-	-	-	-	-	-
		Rs. Nil )
	13	Minority Interest	-	-	-	7.06	(34.75)	(48.59)
	14	Net Profit(+)/Loss(-) for the period.(11-12-13)	209.40	251.69	634.38	439.39	455.37	1,866.69
	15	Paid up Equity Share Capital	2,494.60	2,494.60	2,494.60	2,494.60	2,494.60	2,494.60
		(Face Value Rs.10/-)
	16	Reserves excluding revaluation reserves as per	-	-	13,334.43	-	-	17,216.32
		balance sheet of previous accounting year
	17	Earnings 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)
		-Basic	0.84	1.01	2.54	1.76	1.83	7.48
		-Diluted	0.84	1.01	2.54	1.76	1.83	7.48
		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)
		-Basic	0.84	1.01	2.54	1.76	1.83	7.48
		-Diluted	0.84	1.01	2.54	1.76	1.83	7.48
	18	Public Shareholding
		a) No. of Shares	11,363,175	11,397,896	11,397,896	11,363,175	11,397,896	11,397,896
		b) Percentage of shareholding	45.55%	45.69%	45.69%	45.55%	45.69%	45.69%
	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	13,582,821	13,548,100	13,548,100	13,582,821	13,548,100	13,548,100
		- Percentage of shares (as a % of the total
		shareholding of promoter and promoter
		group)	100%	100%	100%	100%	100%	100%
		- Percentage of shares (as a % of the total
		share capital of the company)	54.45%	54.31%	54.31%	54.45%	54.31%	54.31%
	1	The above results for the quarter ended 30th June, 2011 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 10th August, 2011.
	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	Tax Expenses include Current Tax and Deferred Tax for the quarter ended on 30.06.2011.
	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	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.
	6	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)
			STANDALONE			CONSOLIDATED
	Sr.	Particulars	Unaudited figures for the		Audited figures	Unaudited		Audited figures
	No.		Quarter ended on		for the year	For the Quarter ended on		for the year
					ended on			ended on
			30.06.2011	30.06.2010	31.03.2011	30.06.2011	30.06.2010	31.03.2011
	A	PRIMARY SEGMENT:
	1	Segment Revenue :
		a) Jewellery	2,514.35	1,958.22	7,954.33	6,579.47	5,301.20	24,000.60
		b) Investments	74.11	133.04	411.02	74.97	133.01	408.85
		Total	2,588.46	2,091.25	8,365.34	6,654.44	5,434.20	24,409.45
		Less : Inter Segment Revenue	-	-	-	-	-	-
		Net Sales/ Income from operation	2,588.46	2,091.25	8,365.34	6,654.44	5,434.20	24,409.45
	2	Segment Results:
		Profit/(Loss) before tax and interest
		a) Jewellery	186.83	177.74	483.61	608.20	447.22	2,089.70
		b) Investments	73.06	131.03	397.65	73.92	131.00	395.48
		Total	259.89	308.77	881.25	682.12	578.22	2,485.19
		Less : i) Interest	14.31	10.47	48.47	102.62	87.97	373.02
		ii) Other un - allocable expenditure (Net)	10.88	7.95	28.93	38.30	30.17	90.31
		Total Profit Before Tax	234.70	290.36	803.85	541.20	460.07	2,021.85
	3	Capital Employed
		a) Jewellery	7,500.12	6,945.71	7,708.42	10,468.15	9,360.32	11,640.22
		b) Investments	8,209.18	8,627.82	7,744.23	8,670.03	8,625.28	7,339.33
		c) Unallocated assets / (Liabilities)	329.13	163.70	376.38	1,012.69	606.78	731.37
		Total	16,038.43	15,737.23	15,829.03	20,150.87	18,592.38	19,710.92
	B	SECONDARY SEGMENT
	1	Segment Revenue:
		Within India	2.55	(0.99)	(26.90)	9.79	(12.75)	(9.49)
		Exports outside India	184.28	178.73	510.51	598.41	459.97	2,099.19
		Total Revenue	186.83	177.74	483.61	608.20	447.22	2,089.70
	2	Segment Assets
		Within India	52.77	177.26	65.51	789.75	617.91	798.57
		Exports outside India	11,155.88	9,603.21	9,841.36	21,968.25	20,534.26	21,803.54
		Total Assets	11,208.65	9,780.47	9,906.87	22,758.01	21,152.17	22,602.11
	3	Segment Liabilities
		Within India	-	-	-	550.60	431.80	514.43
		Exports outside India	3,708.53	2,834.76	2,198.45	11,739.26	11,360.05	10,447.46
		Total Liabilities	3,708.53	2,834.76	2,198.45	12,289.86	11,791.85	10,961.89
	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 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 : 10th August, 2011.			Vice Chairman & Managing Director