UNAUDITED FINANCIAL RESULTS FOR THE QUARTER
ENDED 31ST DECEMBER, 2005

Particulars	For Quarter	For Quarter	Nine Months	Nine Months	For the Year
	Ended	Ended	Ended	Ended	Ended
	31.12.2005	31.12.2004	31.12.2005	31.12.2004	31.03.2005
					( Audited )
Net Sales/ Income from operations	28,394	27,079	83,537	76,094	102,807
Other Income	22	8	32	30	35
Total Expenditure
a) (Increase)/Decrease in Stock in Trade	4682	3952	3870	5377	1232
b) Consumption of Raw Materials	21915	21618	74582	66293	95366
c) Staff Cost (Including Arrears)	31	11	69	32	56
d) Labour Charges	217	161	732	591	924
e) Other Expenditure	170	101	508	403	741
Bank Interest / Bank Charges	314	328	872	943	1035
Depreciation	84	58	224	149	239
Profit Before Taxation	1003	858	2712	2336	3249
Provision for Taxation
Current Tax	60	20	150	90	181
Fringe Benefit Tax	2	0	5	0	0
Prior year's Tax Adjustments	(69)	0	(69)	0	0
Profit After Taxation	1010	838	2626	2246	3068
Paid Up Equity Share Capital	4000	3929	4000	3929	3998
( Face value of Rs.10 per share )
Less: Call in Arrears	22	93	22	93	24
Reserves excluding Revaluation Reserve					44,957
Basic and Diluted EPS - Rs.	2.53	2.13	6.57	5.72	7.67
Aggregate of non-promoters shareholding
- Number of shares	22,520,902	22,530,002	22,520,902	22,530,002	22,520,902
- Percentage of shareholding	55.99	56.01	55.99	56.01	55.99

Notes

The  above  unaudited  financial  results  have  been reviewed by the Audit Committee and considered  and   taken on record by the Board of Directors at their meeting held on 31st January, 2006.  The Provision for Deferred Tax as per the Accounting Standard of ICAI will be made at the end of the Year. Figures of the previous year have been re-grouped or re-classified wherever necessary. Investor  Complaints  outstanding  at  the  beginning of the Quarter was 1, No. of Complaints received and resolved  during  the  Quarter  Ended 31st December, 2005 were 50 and 51 respectively.  Outstanding No. of  Complaints at the end of the Quarter was Nil.

SEGMENTWISE REPORTING REVENUE, RESULTS AND
CAPITAL EMPLOYED FOR THE SEGMENTS
ENDED 31ST DECEMBER, 2005

						(Rs. in Lakhs)
	Particulars	For Quarter	For Quarter	Nine Months	Nine Months	For the Year
		Ended	Ended	Ended	Ended	Ended
		31.12.2005	31.12.2004	31.12.2005	31.12.2004	31.03.2005
1	Segment Revenues(Net Sales/Income from)					( Audited )
	Diamonds	14940	12688	44390	41509	54517
	Jewellery	13,453	14,391	39,146	34,585	48,286
	Engineering	1	-	1	-	4
	Others	22	8	32	30	35
		28,315	23,915	55,154	49,017	102,842
	Less: Inter Segment revenue
	Net Sales/Income from Operations	28,416	27,087	83,569	76,124	102,s842
2	Segment Profit(+) & Loss (-)
	before tax and interest
	Diamonds	444	402	1,359	1,310	1,543
	Jewellery	889	784	2,245	1,969	2,780
	Engineering	(16)	0	(20)	0	(39)
	Others	0	0	0	0	0
		1,317	1,186	3,584	3,279	4,284
	Less: Unallocable expenses
	Bank Interest/Charges	314	328	872	943	1,035
	Total profit before tax	1,003	858	2,712	2,336	3,249
3	Capital Employed (Segment Assets - Segment
	Liabilities)
	a) Diamonds	58258	55258	58258	55258	43,458
	b) Jewellery	11,997	9,852	11,997	9,852	18,352
	c) Engineering	164	231	164	231	49
	d) Total Capital Employed in Segments	70,419	65,341	70,419	65,341	61,859

For SU-RAJ DIAMONDS AND JEWELLERY LIMITED
Place:Mumbai Date: 31st January, 2006	G. BHARAKATIA DIRECTOR