INTERNATIONAL LIMITED
 
Regd. Office : 138, Shreeji Chambers, 1st Floor, Tata Road No. 2, Opera House, Mumbai - 400 004 (India)  
UNAUDITED FINANCIAL RESULTS (PROVISIONAL) FOR  
THE QUARTER ENDED 30th SEPTEMBER, 2011 (UNCONSOLIDATED & CONSOLIDATED )  
                         
   
      UNCONSOLIDATED                    
CONSOLIDATED
                       
  Particulars  Three   Corresponding   Year to date   Year to date   Year    Three   Corresponding   Year to date   Year to date   Year  
Sr.  months   Quarter   figures for current   figures for Previous   ended   months   Quarter   figures for current   figures for Previous   ended 
No.  ended   ended    Period ended    Period ended   31.03.2011   ended   ended    Period ended    Period ended   31.03.2011 
   30.09.2011   30.09.2010   30.9.2011   30.09.2010     30.09.2011   30.09.2010   30.09.2011   30.09.2010   
   (Unaudited)   (Unaudited)   (Unaudited)   (Unaudited)   (Unaudited)   (Unaudited)   (Unaudited)   (Unaudited)   (Unaudited)   (Unaudited) 
1 Net Sales / Income from Operation               4,644.98                3,938.30                  8,101.18                     7,321.55           12,965.38                  7,608.35                    6,755.78                   12,646.67                   12,847.49               26,481.83
2 Other Income                     42.57                      27.62                        43.63                         105.91                143.34                        49.88                         39.74                           58.38                        129.47                     360.18
3 Total Income (1+2)               4,687.54                3,965.92                  8,144.80                     7,427.46           13,108.72                  7,658.23                    6,795.52                   12,705.05                   12,976.96               26,842.01
4 Expenditure                    
  (a) (Increase) / Decrease in Stock-in-trade & WIP                            -                               -                                 -                                    -                            -                        223.73                       134.54                        149.65                        367.83                   (135.63)
  (b) Consumption of raw materials                4,502.97                3,644.73                  7,675.26                     6,912.34           12,226.57                  6,671.18                    5,742.50                   10,850.66                   10,993.13               23,536.13
  (c) Purchase of traded goods                            -                               -                                 -                              -                                 -                                  -                                    -                                    -                                -  
  (c) Employees Cost                     23.11                      27.95                        53.60                           58.12                114.47                      140.31                       170.75                        304.50                        337.08                     621.81
  (d) Depreciation                       5.06                        5.92                          9.83                           11.78                   33.22                        49.83                         57.83                        102.79                        116.41                     265.25
  (e) Foreign Exchange Loss ( Net off of forex gain/loss)                 (197.42)                      89.63                    (209.88)                           15.52                   17.99                               -                                  -                                    -                                    -                                -  
  (f) Other expenditure                     55.79                      50.52                        88.83                           90.25                196.94                      158.84                       483.19                        436.64                        704.63                  1,414.06
  (g) Total               4,389.51                3,818.76                  7,617.64                     7,088.01           12,589.20                  7,243.90                    6,588.81                   11,844.25                   12,519.08               25,701.62
5 Interest                  150.37                   134.33                     273.71                         238.79                480.21                      278.49                       208.69                        555.26                        438.80                  1,024.96
6 Exceptional  Items                             -                               -                                 -                              -                                 -                                      -                                  -  
6 Profit(+) / Loss (-) from Ordinary Activities before Tax (3) -(4+5)                  147.67                      12.82                     253.46                         100.66                   39.31                      135.85                          (1.98)                        305.55                           19.08                     115.44
7  Tax Expenses                     45.28                        3.03                        80.84                           37.22                   17.38                        35.48                            2.90                           90.24                           38.82                       30.14
8  Net Profit / Loss from Ordinary Activities after tax    (6-7)                  102.38                        9.79                     172.61                           63.44                   21.93                      100.37                          (4.88)                        215.31                         (19.74)                       85.30
9 Prior Period Adjustments                            -                               -                                 -                                    -                            -                                 -                                  -                                    -                                    -                                -  
10 Extraordinary Items (net of tax expenses)                            -                               -                                 -                                    -                            -                                 -                                  -                                    -                                    -                                -  
11 Net Profit(+)/Loss(-)  for the Period(8+9+10)                  102.38                        9.79                     172.61                           63.44                   21.93                      100.37                          (4.88)                        215.31                         (19.74)                       85.30
12 Paid up Equity Share Capital (Face Value Rs.10/-)               1,685.00                1,685.00                  1,685.00                     1,685.00             1,685.00                  1,685.00                    1,685.00                     1,685.00                     1,685.00                  1,685.00
13 Reserves excluding revaluation reserves as per balance sheet of previous accounting year                            -                               -                                 -                                    -               9,247.71                               -                                  -                                    -                                    -                 10,249.56
14 Basic & Diluted Earning per Share before Extraordinary items (not annualised)                    
  -  Basic                        0.61                        0.06                          1.02                             0.38                     0.13                          0.60                          (0.03)                             1.28                           (0.12)                          0.51
  -  Diluted                       0.61                        0.06                          1.02                             0.38                     0.13                          0.60                          (0.03)                             1.28                           (0.12)                          0.51
15 Basic & Diluted Earning per Share after Extraordinary & Exceptional items (not annualised)                    
  -  Basic                        0.61                        0.06                          1.02                             0.38                     0.13                          0.60                          (0.03)                             1.28                           (0.12)                          0.51
  -  Diluted                       0.61                        0.06                          1.02                             0.38                     0.13                          0.60                          (0.03)                             1.28                           (0.12)                          0.51
16  Public Shareholding                    
  -  Number of shares                  124.43                   119.43                     124.43                         119.43                119.43                      124.43                       119.43                        124.43                        119.43                     119.43
  -  Percentage of Shareholding                     73.84                      70.88                        73.84                           70.88                   70.88                        73.84                         70.88                           73.84                           70.88                       70.88
17 Promoters and promoter group Shareholding                    
  a) Pledged / Encumbered                  
  - Number of shares                     26.33                      31.33                        26.33                           31.33                   31.33                        26.33                         31.33                           26.33                           31.33                       31.33
  - Percentage of shares (as a % of the total shareholding of
promoter and promoter group)		                     59.75                      63.85                        59.75                           63.85                   63.85                        59.75                         63.85                           59.75                           63.85                       63.85
  - Percentage of shares (as a % of the total share capital of the company)                     15.63                      18.60                        15.63                           18.60                   18.60                        15.63                         18.60                           15.63                           18.60                       18.60
  b) Non-encumbered                  
  - Number of shares                     17.74                      17.74                        17.74                           17.74                   17.74                        17.74                         17.74                           17.74                           17.74                       17.74
  - Percentage of shares (as a % of the total shareholding of
promoter and promoter group)		                     40.25                      36.15                        40.25                           36.15                   36.15                        40.25                         36.15                           40.25                           36.15                       36.15
  - Percentage of shares (as a % of the total share capital of the company)                     10.53                      10.53                        10.53                           10.53                   10.53                        10.53                         10.53                           10.53                           10.53                       10.53
a The above financial results were reviewed by the Audit Committee and taken on record by the Board of Directors at its meeting held on November 11, 2011 and are subject to review by the Statutory Auditors.  
 
b The company's business consists of trading & manufacturing  of Gems & Jewellery. Company considers the same as one business only. The Fixed Assets & Indirect Expenditure used for the business, or liability committed for, are not identifiable to one particular segment as these are used interchangeably between segments.  
 
 
c There were Eight investor complain that was unresolved as on 1st October 2011. During the quarter ended 30th September, 2011, the company has not received any complain from the investors.  
d Tax expenses includes provision for Income Tax and Deferred Tax.    
e Figures of  the previous periods have been rearranged / regrouped wherever necessary.                  
UNAUDITED SEGMENT REPORT FOR THE QUARTER ENDED 30th SEPTEMBER, 2011  
PURSUANT TO CLAUSE 41 OF THE LISTING AGREEMENT  
    UNCONSOLIDATED                     CONSOLIDATED
         
       
 
  Particulars  Three   Corresponding   Year to date   Year to date   Year    Three   Corresponding   Year to date   Year to date   Year  
Sr.  months   Quarter   figures for current   figures for current   ended   months   Quarter   figures for current   figures for Previous   ended 
No.  ended   ended    Period ended    Period ended   31.03.2011   ended   ended    Period ended    Period ended   31.03.2011 
   30.09.2011   30.09.2010   30.09.2011   30.09.2010     30.09.2011   30.09.2010   30.09.2011   30.09.2010   
   (Unaudited)   (Unaudited)   (Unaudited)   (Unaudited)   (Unaudited)   (Unaudited)   (Unaudited)   (Unaudited)   (Unaudited)   (Unaudited) 
1 Net Sales / Income from Operation               4,644.98                3,938.30                  8,101.18                     7,321.54           12,965.38                  7,608.35                    6,755.77                   12,646.67                   12,847.48               26,481.83
  Sales to USA                            -                               -                                 -                                    -                            -                        250.98                       440.73                        418.93                        554.91                  1,222.22
  Sales to UAE                            -                     184.78                        66.95                         184.78                283.24                  2,682.41                    2,506.39                     4,555.19                     4,353.68               11,352.71
  Sales to UK                            -                               -                                 -                               0.11                     0.11                        19.50                       105.66                           69.90                        172.36                     329.20
  Sales in India               4,644.98                3,753.52                  8,034.23                     7,134.46           12,679.83                  4,655.46                    3,700.22                     7,602.65                     7,760.01               13,571.18
  Sales to other countries                            -                               -                                 -                               2.19                     2.19                               -                              2.77                                  -                               6.52                          6.52
2 Segment Results                  142.01                   293.57                     425.91                         409.21                738.81                      713.44                       878.74                     1,646.36                     1,486.51                  3,081.33
  USA                            -                               -                                 -                                    -                            -                          23.53                         57.33                           54.54                           64.21                     142.21
  UAE                            -                        13.77                          3.52                           10.33                   16.14                      251.53                       326.01                        593.00                        503.74                  1,320.96
  UK                       0.01                             -                                 -                               0.01                     0.01                          1.83                         13.74                             9.10                           19.94                       38.30
  India                  142.00                   279.80                     422.39                         398.75                722.54                      436.55                       481.29                        989.72                        897.87                  1,579.09
  Other countries                            -                               -                                 -                               0.12                     0.12                               -                              0.36                                  -                               0.75                          0.76
                         
3 Less:  Unallocated Expenditure (Inc. Depre. And Interest)                     36.90                   308.35                     216.08                         414.46                842.83                      627.48                       920.46                     1,399.20                     1,596.92                  3,326.07  
                   
4 Add: Unallocable Income                      42.57                      27.62                        43.63                         105.91                143.34                        49.88                         39.74                           58.38                        129.47                     360.18  
                   
5 Less:  Tax                     45.28                        3.03                        80.84                           37.22                   17.38                        35.48                            2.90                           90.24                           38.82                       30.14  
                   
   Net Profit After Tax (before exceptional items)                   102.39                        9.81                     172.61                           63.44                   21.94                      100.37                          (4.88)                        215.31                         (19.76)                       85.30  
         
 
   
STATEMENT OF ASSETS AND LIABILITIES AS AT 30TH SEPTEMBER 2011    
Sr.  Particulars  Accounting Year ended Consolidated Results Year ended    
No.   30/09/2011 31/03/2011 30/09/2011 31/03/2011    
     (Unaudited)   (Unaudited)   (Unaudited)   (Unaudited)     
1 Shareholder's Funds          
a)  Share Capital                1,685.00                  1,685.00                    1,685.00                     1,685.00    
b)  Reserves & Surplus                9,420.32                  9,247.71                  10,541.45                   10,249.56    
c)  Minority Interest                             -                               -                           19.42                           19.42    
2  Loan Fund                3,734.33                  3,712.81                    7,168.58                     6,300.08    
   TOTAL              14,839.65              14,645.52                19,414.45                   18,254.06    
             
3  Fixed Assets                   140.65                     146.77                    1,555.06                     1,641.22    
4  Investments                3,667.19                  3,667.19                       773.10                         773.10    
5  Current Assets, Loans & Advances           
a)  Inventories                4,263.78                  3,903.18                  12,564.03                   12,141.15    
b)  Sundry Debtors              13,747.71                11,443.43                  22,487.12                   16,192.94    
c)  Cash & Bank Balances                   388.46                     309.63                       494.74                          451.07    
d)  Loans & Advances                2,717.06                  2,324.82                    4,654.57                       3,309.37    
             
6  Less: Current Liabilities & Provisions           
a)  Liabilities                9,843.32                  6,621.41                  19,372.94                     14,680.70    
b)  Provisions                   241.87                     528.09                    3,741.23                       1,574.09 For and on behalf of the Board  
             
7  Net Current Assets              11,031.81              10,831.56                17,086.28                   15,839.74    
8  Miscellaneous Expenditure           
   (to the extend not written off or adjusted)           
          Place: Mumbai Varij Sethi    
   TOTAL              14,839.65              14,645.52                19,414.45                   18,254.06 Date : 11th November, 2011     (Managing Director)