AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED 31st MARCH , 2008

Particulars For Quarter For Quarter For the Year For the Year
  Ended Ended Ended Ended
  31.03.2008 31.03.2007 31.03.2008 31.03.2007
         
Net Sales/ Income from operations 74,382 44,123 214,043 157,007
Other Income 98 70 177 219
Total Income (1+2) 74,480 44,193 214,220 157,226
Expenditure - - - -
a) (Increase)/Decrease in Stock in Trade & Work in Progress (2,352) 775 (3,862) 750
b) Consumption of Raw Materials 72,519 40,349 205,698 147,001
c) Purchase of Traded Materials - - - -
d) Employees cost 229 101 508 260
e) Depreciation 216 98 574 330
f) Labour Charges 961 323 2,589 988
g) Other Expenditure 533 272 1,512 859
h) Total 72,106 41,918 207,019 150,188
Finance Charges (Net) 38 521 441 1,916
Exceptional Items - - - -
         
Profit from Ordinary Activities before Tax
(3) - (4+5+6)
2,336 1,754 6,760 5,122
Tax Expenses Current Tax, Fringe & Deferred 251 153 501 330
Net Profit from Ordinary Activities after Tax (7-8) 2,085 1,601 6,259 4,792
Extraordinary Items - - - -
Net Profit for the period (9+10) 2,085 1,601 6,259 4,792
Paid-up Equity Share Capital (Face value of Rs.10 per share) 4,370 4,000 4,370 4,000
Reserves excluding Revaluation Reserve     60,293 52,274
Earning Per Share (EPS) before and after Extraordinary Items - (Basic & Diluted) Rs. 4.98 4.00 15.41 11.95
Public Shareholding        
- Number of shares 22,439,560 22,439,560 22,439,560 22,439,560
- Percentage of shareholding 51.18 55.79 51.18 55.79

Notes:

1) The above audited 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 9th May, 2008.

2) The Board of Directors has recommended 20% dividend i.e. Rs. 2 per fully paid Equity Share of Rs. 10 each of the Company for the Financial year ended 31st March, 2008.

3) During the year ended 31st March, 2008 the Company has issued 36,20,000 Equity Shares of Rs.10 each at a Premium of Rs. 75 per share on 15th February, 2008 to the Promoter Group on preferential basis.

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 31st March, 2008 is as follows:-
Opening Balance - Nil; Received - 75; Disposed Off - 74; Closing Balance - 1.

  For SU-RAJ DIAMONDS AND JEWELLERY LIMITED
Place: Mumbai Jatin.R.Mehta
Date : 9th May, 2008 CHAIRMAN-CUM-MANAGING DIRECTOR


SEGMENTWISE REVENUE, RESULTS AND CAPITAL EMPLOYED FOR
THE YEAR ENDED 31ST MARCH, 2008

          (Rs. in Lakhs)
  Particulars For Quarter For Quarter For the Year For the Year
    Ended Ended Ended Ended
    31.03.2008 31.03.2007 31.03.2008 31.03.2007
           
1 Segment Revenues(Net Sales/Income from)        
  Diamonds 20,041
15,525 62,337 57,655
  Jewellery 54,341 28,598 151,706 99,352
  Others 98 70 177 219
    74,480 44,193 214,220 157,226
  Less: Inter Segment revenue 0 0 0 0
  Net Sales/Income from Operations 74,480 44,193 214,220 157,226
           
2 Segment Result Profit (+) & Loss (-) before Tax and Interest        
           
  Diamonds 1,198 1,253 1,691 2,636
  Jewellery 1,176 1,022 5,510 4,328
  Others 0 0 0 74
    2,374 2,275 7,201 7,038
  Less: Unallocable expenses        
  Finance Charges (Net) 38 521 441 1,916
  Total profit before tax 2,336 1,754 6,760 5,122
           
3 Capital Employed (Segment Assets - Segment Liabilities)        
  Liabilities)        
  a) Diamonds 61,418 56,241 61,418 56,241
  b) Jewellery 21,826 16,420 21,826 16,420
  c) Unallocated 10,200 7,439 10,200 7,439
  d) Total Capital Employed in Segments 93,444 80,100 93,444 80,100

For SU-RAJ DIAMONDS AND JEWELLERY LIMITED
 
Place:Mumbai
Date: 9th May, 2008
JATIN R. MEHTA
Chairman-cum-Managing Director
   
AUDITED CONSOLIDATED FINANCIAL RESULTS FOR
THE YEAR ENDED 31ST MARCH, 2008
   
    (Rs. in Lakhs)
Particulars For the Year For the Year
  Ended Ended
  31.03.2008 31.03.2007
     
Net Sales/ Income from operations 228,117 163,421
Other Income 218 265
Total Income (1+2) 228,335 163,686
Expenditure - -
a) (Increase)/Decrease in Stock in Trade & Work in Progress (3,862) 752
b) Consumption of Raw Materials 218,602 152,838
c) Purchase of Traded Materials - -
d) Employees cost 697 371
e) Depreciation 590 343
f) Labour Charges 2,589 988
g) Other Expenditure 1,989 1,001
h) Total 220,605 156,293
Finance Charges (Net) 888 2,127
Exceptional Items - -
     
Profit from Ordinary Activities before Tax
(3) - (4+5+6)
6,842 5,266
Tax Expenses Current Tax, Fringe & Deferred 518 425
Net Profit from Ordinary Activities after Tax (7-8) 6,324 4,841
Extraordinary Items - -
Share of Profit from Associates 493 426
Net Profit for the period (9+10+11) 6,817 5,267
Paid-up Equity Share Capital (Face value of Rs.10 per share) 4,370 4,000
Reserves excluding Revaluation Reserve 62,185 53,436
Earning Per Share (EPS) before and after Extraordinary Items - (Basic & Diluted) Rs. 16.79 13.17
Public Shareholding    
- Number of shares 22,439,560 22,439,560
- Percentage of shareholding 51.18 55.79
   
  For SU-RAJ DIAMONDS AND JEWELLERY LIMITED
Place: Mumbai Jatin.R.Mehta
Date : 9th May, 2008 CHAIRMAN-CUM-MANAGING DIRECTOR
   
 
   
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