Su-Raj

UNAUDITED FINANCIAL RESULTS FOR THE QUARTER / HALF YEAR ENDED 30TH SEPTEMBER, 2009

(Rs. in Lakhs)

Particulars For Quarter For Quarter For Half Year For Half Year For the Year

Ended Ended Ended Ended Ended

30.09.2009 30.09.2008 30.09.2009 30.09.2008 31.03.2009

(Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited)

1 Net Sales/ Income from operations 72,678 53,705 141,308 111,103 241,776

Other Operating Income 131 22 278 50 345

Total Income 72,809 53,727 141,586 111,153 242,121

2 Expenditure

a) (Increase)/Decrease in Stock in Trade & Work in Progress (8,907) 3,548 (8,968) 4,491 (1,043)

b) Consumption of Raw Materials 78,370 47,727 144,329 101,297 232,184

c) Purchase of Traded Materials - - - - -

d) Employees cost 86 80 185 221 499

e) Depreciation 191 199 379 364 813

f) Labour Charges 538 520 749 957 1,702

g) Other Expenditure 247 351 502 703 1,243

h) Total 70,525 52,425 137,176 108,033 235,398

3 Profit from Operations before Other Income, Interest and Exceptional
Items (1-2) 2,284 1,302 4,410 3,120 6,723

4 Other Income 29 7 79 10 114

5 Profit before Interest & Exceptional Items (3+4) 2,313 1,309 4,489 3,130 6,837

6 Finance Charges (Net) 869 311 1,758 509 3,260

7 Profit after Interest but before Exceptional Items (5-6) 1,444 998 2,731 2,621 3,577

8 Exceptional Items - - - - -

9 Profit from Ordinary Activities before Tax (7+8) 1,444 998 2,731 2,621 3,577

10 Tax Expenses :-
Current Tax, Fringe & Deferred 105 50 175 160 232

11 Net Profit from Ordinary Activities after Tax (9-10) 1,339 948 2,556 2,461 3,345

12 Extraordinary items - - - - -

13 Net Profit for the Period (11+12) 1,339 948 2,556 2,461 3,345

14 Paid Up Equity Share Capital
(Face value of Rs.10 per share) 4,371 4,370 4,371 4,370 4,371

15 Reserves excluding Revaluation Reserve 63,614

16 Earning Per Share (EPS) [without annualising] Rs. :- Before and after Extraordinary items (Basic & Diluted) 3.06 2.17 5.84 5.63 7.64

17 Public Shareholding

- Number of shares 22,439,560 22,439,560 22,439,560 22,439,560 22,439,560

- Percentage of shareholding 51.18 51.18 51.18 51.18 51.18

18 Promoters and Promoter Group Shareholding

a) Pledged / Encumbered :-

- Number of Shares - - - - -

- Percentage of Shares (as a % of the total Shareholding of the Promoter and Promoter Group) - - - - -

- Percentage of Shares (as a % of the total Share Capital of the Company) - - - - -

b) Non - encumbered :-

- Number of Shares 21,404,698 21,404,698 21,404,698

- Percentage of Shares (as a % of the total Shareholding of Promoter & Promoter Group) 100.00 100.00 100.00

- Percentage of Shares (as a % of the total Share Capital of the Company) 48.82 48.82 48.82

Notes:

1)The above Stand-alone Unaudited Financial Results have been reviewed and recommended by the Audit Committee to the Board of Directors and have been approved by the Board at its meeting held on 29th October, 2009.

2) Statutory Auditors have carried out the 'Limited Review' of the above financial results.

3) The Consolidated Turnover, Net Profit after Tax and Earnings Per Share for the Half Year ended as on 30th September, 2009 are Rs.1,58,015 Lacs, Rs.2,861 Lacs and Rs.6.54 per Equity Share respectively.

4) Figures of the previous year have been re-grouped or re-classified wherever necessary.

5) The Status of Investors' Complaints for the quarter ended 30th September, 2009 is as follows:- Opening Balance - Nil; Received - 31; Disposed Off - 31; Closing Balance - Nil.

For SU-RAJ DIAMONDS AND JEWELLERY LIMITED

Place: Mumbai JATIN R. MEHTA

Date : 29th October, 2009 CHAIRMAN-CUM-MANAGING DIRECTOR

SEGMENTWISE REVENUE, RESULTS AND CAPITAL EMPLOYED FOR THE QUARTER / HALF YEAR ENDED 30TH SEPTEMBER, 2009

(Rs. in Lakhs)

Particulars For Quarter For Quarter For Half Year For Half Year For the Year

Ended Ended Ended Ended Ended

30.09.2009 30.09.2008 30.09.2009 30.09.2008 31.03.2009

(Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited)

1 Segment Revenues

Diamonds 19,982
14,834 38,674 30,845 67,556

Jewellery 52,696 38,871 102,634 80,258 174,220

Others 160 29 357 60 459

72,838 53,734 141,665 111,163 242,235

Less: Inter Segment revenue - - - - -

Net Sales/Income from Operations 72,838 53,734 141,665 111,163 242,235

2 Segment Profit (+) & Loss (-) before Tax and Interest

Diamonds 558 342 1,084 751 1,703

Jewellery 1,755 967 3,405 2,379 5,134

Others - - - - -

2,313 1,309 4,489 3,130 6,837

Less: Unallocable expenses

Finance Charges (Net) 869 311 1,758 509 3,260

Total profit before tax 1,444 998 2,731 2,621 3,577

3 Capital Employed (Segment Assets - Segment Liabilities)

a) Diamonds 68,579 63,169 68,579 63,169 67,896

b) Jewellery 43,482 23,896 43,482 23,896 40,444

c) Unallocated 11,142 10,200 11,142 10,200 10,200

Total Capital Employed in Segments 123,203 97,265 123,203 97,265 118,540

For SU-RAJ DIAMONDS AND JEWELLERY LIMITED

Place:Mumbai
Date: 29th October, 2009

JATIN R. MEHTA
CHAIRMAN-CUM-MANAGING DIRECTOR