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.Nil )                    
                       
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.  
4 Consolidated financial statements of the Company and its subsidiaries have been prepared as per Accounting Standard AS 21 issued by The Institu