Su-Raj

UNAUDITED FINANCIAL RESULTS FOR THE QUARTER / NINE MONTHS ENDED 31ST DECEMBER, 2009

(Rs. in Lakhs)

Particulars For Quarter For Quarter For Nine Months For Nine Months For the Year

Ended Ended Ended Ended Ended

31.12.2009 31.12.2008 31.12.2009 31.12.2008 31.03.2009

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

1 Net Sales/ Income from operations 73,199 59,002 214,507 170,105 241,776

Other Operating Income 139 11 417 68 345

Total Income 73,338 59,013 214,924 170,173 242,121

2 Expenditure

a) (Increase)/Decrease in Stock in Trade & Work in Progress 7,058 (3,635) (1,910) 856 (1,043)

b) Consumption of Raw Materials 63,070 60,320 207,399 161,617 232,184

c) Purchase of Traded Materials - - - - -

d) Employees cost 99 123 284 344 499

e) Depreciation 222 219 601 583 813

f) Labour Charges 132 258 881 1,215 1,702

g) Other Expenditure 381 310 883 1,013 1,243

h) Total 70,962 57,595 208,138 165,628 235,398

3 Profit from Operations before Other Income, Interest and Exceptional
Items (1-2) 2,376 1,418 6,786 4,545 6,723

4 Other Income 122 2 201 5 114

5 Profit before Interest & Exceptional Items (3+4) 2,498 1,420 6,987 4,550 6,837

6 Finance Charges (Net) 1,017 1,171 2,775 1,680 3,260

7 Profit after Interest but before Exceptional Items (5-6) 1,481 249 4,212 2,870 3,577

8 Exceptional Items - - - - -

9 Profit from Ordinary Activities before Tax (7+8) 1,481 249 4,212 2,870 3,577

10 Tax Expenses :-
Current Tax, Fringe & Deferred 75 - 250 160 232

11 Net Profit from Ordinary Activities after Tax (9-10) 1,406 249 3,962 2,710 3,345

12 Extraordinary items - - - - -

13 Net Profit for the Period (11+12) 1,406 249 3,962 2,710 3,345

14 Paid Up Equity Share Capital
(Face value of Rs.10 per share) 6171 4,370 6171 4,370 4,371

15 Reserves excluding Revaluation Reserve 63,614

16 Earning Per Share (EPS) before and after Extraordinary items (Basic & Diluted) Rs 2.28 0.57 6.41 6.20 7.64

17 Public Shareholding

- Number of shares 40,439,560 22,439,560 40,439,560 22,439,560 22,439,560

- Percentage of shareholding 65.39 51.18 65.39 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 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) 34.61 34.61 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 30th January, 2010.

2) During the quarter ended 31st December, 2009 the Company has issued 1,80,00,000 Equity Shares of Rs.10 each at a price of Rs.43.12 per Equity Share (including premium) to the Foreign Institutional Investors (FIIs) on preferential basis. The aforesaid Equity Shares were allotted on 21st October, 2009 to FIIs.

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

4) The Consolidated Turnover, Profit before Tax and Earnings Per Share for the Nine Months ended as on 31st December, 2009 are Rs.235,520 Lacs, Rs.4,762 Lacs and Rs.7.31 per Equity Share respectively.

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

6) The Status of Investors' Complaints for the quarter ended 31st December, 2009 is as follows:- Opening Balance - Nil; Received - 40; Disposed Off - 40; Closing Balance - Nil.

For SU-RAJ DIAMONDS AND JEWELLERY LIMITED

Place: Mumbai JATIN R. MEHTA

Date : 30th January, 2010 CHAIRMAN-CUM-MANAGING DIRECTOR

SEGMENTWISE REVENUE, RESULTS AND CAPITAL EMPLOYED FOR THE QUARTER / NINE MONTHS ENDED 31ST DECEMBER, 2009

(Rs. in Lakhs)

Particulars For Quarter For Quarter For Nine Months For Nine Months For the Year

Ended Ended Ended Ended Ended

31/12/2009 31/12/2008 31/12/2009 31/12/2008 31/03/2009

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

1 Segment Revenues

Diamonds 17,989
17,859 56,663 48,704 67,556

Jewellery 55,310 41,144 157,844 121,402 174,220

Others 261 13 618 73 459

73,560 59,016 215,125 170,179 242,235

Less: Inter Segment revenue - - - - -

Net Sales/Income from Operations 73,560 59,016 215,125 170,179 242,235

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

Diamonds 541 368 1,625 1,119 1,703

Jewellery 1,957 1,052 5,362 3,431 5,134

Others - - - - -

2,498 1,420 6,987 4,550 6,837

Less: Unallocable expenses

Finance Charges (Net) 1,017 1,171 2,775 1,680 3,260

Total profit before tax 1,481 249 4,212 2,870 3,577

3 Capital Employed (Segment Assets - Segment Liabilities)

a) Diamonds 69,124 63,694 69,124 63,694 67,896

b) Jewellery 45,432 26,046 45,432 26,046 40,444

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

Total Capital Employed in Segments 125,698 99,940 125,698 99,940 118,540

For SU-RAJ DIAMONDS AND JEWELLERY LIMITED

Place:Mumbai
Date: 30th January, 2010

JATIN R. MEHTA
CHAIRMAN-CUM-MANAGING DIRECTOR