UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND NINE
MONTH ENDED 31ST DECEMBER, 2006

Rs.in (Lakhs)
Particulars	For Quarter	For Quarter	Nine Months	Nine Months	For the Year
	Ended	Ended	Ended	Ended	Ended
	31.12.2006	31.12.2005	31.12.2006	31.12.2005	31.03.2006
					( Audited )
Net Sales/ Income from operations	46,026	28,394	112,884	83,537	121,990
Other Income	29	22	149	32	183
Total Expenditure
a) (Increase)/Decrease in Stock in Trade	(5,357)	4,682	(25)	3,870	3,916
b) Consumption of Raw Materials	48,890	21,915	106,652	74,582	110,620
c) Staff Cost	59	31	159	69	138
d) Labour Charges	283	217	665	732	979
e) Other Expenditure	232	170	587	508	748
Bank Interest / Charges	453	314	1,395	872	1,511
Depreciation	79	84	232	224	306
Profit Before Taxation	1,416	1,003	3,368	2,712	3,955
Provision for Taxation
Current Tax	70	60	170	150	223
Fringe Benefit Tax	2	2	7	5	7
Deferred Tax	-	-	-	-	(15)
Profit After Taxation	1,344	941	3,191	2,557	3,740
Paid Up Equity Share Capital	4,022	4,022	4,022	4,022	4,022
( Face value of Rs.10 per share )
Less: Call in Arrears	22	22	22	22	22
Net Paid Up Equity Share Capital	4,000	4,000	4,000	4,000	4,000
Reserves excluding Revaluation Reserve					48,174
Basic and Diluted EPS - Rs.	3.35	2.34	7.95	6.37	9.33
Aggregate of non-promoters shareholding
- Number of shares	22,439,560	22,520,902	22,439,560	22,520,902	22,500,902
- Percentage of shareholding	55.79	55.99	55.79	55.99	55.94

Notes

The above Un-audited 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 29th January, 2007.  Statutory Auditors have carried out the 'Limited Review' of the above financial results. Figures of the previous year have been re-grouped or re-classified wherever necessary. In terms of amended clause 41 of the Listing Agreement, the Status of Investors' Complaints for the quarter ended 31st December, 2006 is as under:- Opening Balance - Nil; Received - 161; Disposed Off - 161; Closing Balance - Nil.

SEGMENTWISE REPORTING REVENUE, RESULTS AND
CAPITAL EMPLOYED FOR THE SEGMENTS
ENDED 31ST DECEMBER, 2006

						(Rs. in Lakhs)
	Particulars	For Quarter	For Quarter	Nine Months	Nine Months	For the Year
		Ended	Ended	Ended	Ended	Ended
		31.12.2006	31.12.2005	31.12.2006	31.12.2005	31.03.2006
1	Segment Revenues(Net Sales/Income from)					( Audited )
	Diamonds	9,702	14,940	42,130	44,390	56,546
	Jewellery	36,324	13,453	70,754	39,146	65,444
	Others	29	23	149	33	183
		46,055	28,416	113,033	83,569	122,173
	Less: Inter Segment revenue	0	0	0	0	0
	Net Sales/Income from Operations	46,055	28,416	113,033	83,569	122,173
2	Segment Profit(+) & Loss (-)
	before tax and interest
	Diamonds	407	444	1,383	1,359	1,838
	Jewellery	1,458	889	3,306	2,245	3,654
	Others	4	(16)	74	(20)	(26)
		1,869	1,317	4,763	3,584	5,466
	Less: Unallocable expenses
	Bank Interest/Charges	453	314	1,395	872	1,511
	Total profit before tax	1,416	1,003	3,368	2,712	3,955
3	Capital Employed (Segment Assets - Segment
	Liabilities)
	a) Diamonds	59,716	58,258	59,716	58,258	56,594
	b) Jewellery	17,337	12,161	17,337	12,161	17,272
	c) Total Capital Employed in Segments	77,053	70,419	77,053	70,419	73,866

For SU-RAJ DIAMONDS AND JEWELLERY LIMITED
Place:Mumbai Date: 29th January, 2007	JATIN R. MEHTA CHAIRMAN-CUM-MANAGING DIRECTOR