| GOLDIAM INTERNATIONAL LIMITED |
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| MANUFACTURERS & EXPORTERS OF JEWELLERY |
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| REGISTERED OFFICE |
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| GEMS & JEWELLERY COMPLEX |
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| SEEPZ , ANDHERI (EAST) |
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| MUMBAI -400096 |
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| Unaudited Financial Results for the Quarter ended on 31st December,2007 |
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(Rs.in Lacs) |
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Figures for the |
Year to date |
Audited for |
Consolidated |
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| Sr. |
Particulars |
Quarter Ended on |
for the period ended on |
the year ended on |
Figures for the |
Year to date |
Audited for |
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Quarter Ended on |
for the period ended on |
the year ended on |
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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 |
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| 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 |
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(Net of VAT) |
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| 2 |
Other Income |
565.97 |
265.39 |
666.57 |
639.45 |
568.28 |
541.46 |
245.47 |
659.80 |
600.07 |
402.49 |
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| 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 |
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| 4 |
Expenditure |
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| 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) |
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| 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 |
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| 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 |
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| 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 |
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| e) |
Depreciation |
51.10 |
52.16 |
149.78 |
123.84 |
184.86 |
96.20 |
79.80 |
281.41 |
229.87 |
325.48 |
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| 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 |
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| 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 |
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| 5 |
Interest |
11.47 |
14.70 |
27.47 |
41.12 |
68.61 |
94.09 |
74.22 |
235.44 |
239.25 |
333.49 |
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| 6 |
Exceptional Items |
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| 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 |
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tax |
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| 8 |
Tax Expenses |
166.74 |
297.50 |
181.47 |
709.85 |
610.50 |
174.32 |
298.54 |
192.11 |
715.21 |
606.76 |
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| 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 |
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after tax |
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| 10 |
Extraordinary Items ( net of tax
Expense |
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Rs.Nil ) |
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| 11 |
Minority Interest |
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112.90 |
85.82 |
164.20 |
247.62 |
265.80 |
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| 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 |
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| 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 |
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(Face Value Rs.10/-) |
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| 14 |
Reserves excluding revaluation |
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14,342.60 |
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15,172.06 |
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reserves |
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| 15 |
Earning Per Share (EPS) |
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a) Basic and diluted EPS before
Extraordinary |
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items for the period for the year to date
and |
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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 |
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b) Basic and diluted EPS after
Extraordinary |
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items for the period for the year to date
and |
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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 |
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| 16 |
Public Shareholdiang |
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a) No. of Shares |
13,287,263.00 |
12,402,263.00 |
13,287,263.00 |
12,402,263.00 |
13,302,263.00 |
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b) Percentage of shareholding |
49.15 |
45.96 |
49.15 |
45.96 |
49.21 |
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| Segment wise Revenue,Results and Capital Employed under
Clause 41of the Listing Agreement |
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(Rs.in Lacs) |
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Figures for the |
Year to date |
Audited for |
Consolidated |
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| Sr. |
Particulars |
Quarter Ended on |
for the period ended on |
the year ended on |
Figures for the |
Year to date |
Audited for |
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| No. |
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Quarter Ended on |
for the period ended on |
the year ended on |
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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 |
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| 1 |
Segment Revenue : |
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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 |
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b) Investments |
543.32 |
265.63 |
612.48 |
634.47 |
469.23 |
538.25 |
231.15 |
599.77 |
560.66 |
318.72 |
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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 |
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Less : Inter Segment Revenue |
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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 |
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| 2 |
Segment Results : |
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Profit/(Loss) before tax and interest |
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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 |
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b) Investments |
522.44 |
264.16 |
578.81 |
601.37 |
372.34 |
517.36 |
229.68 |
566.09 |
527.57 |
221.83 |
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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 |
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Less : i) Interest |
11.47 |
14.70 |
27.47 |
41.12 |
68.61 |
94.08 |
74.23 |
235.44 |
239.25 |
333.49 |
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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 |
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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 |
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Capital
Employed |
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(Segment Assets - Segment
Liabilities) |
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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 |
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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 |
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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 |
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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 |
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| 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. |
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Committee, were taken on record by the Board of
Directors of the Company at its meeting held on 28th January,2008 |
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| 2 |
As per Accounting
Standard 17 of Institute of Chartered Accountants of India, from current
quarter Company has two segments viz.Jewellery & Investment Activity. |
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| 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 |
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revised Standard, and
effect of the same would be given at the year end. |
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| 4 |
Consolidated
financial statements of the Company and its subsidiaries have been prepared
as per Accounting Standard AS 21 issued by The Institu |