S. B. & T. 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 JUNE, 2008 (UNCONSOLIDATED & CONSOLIDATED)
UNCONSOLIDATED CONSOLIDATED
Rs. In lacs Rs. In lacs
Sr. No. Particulars  Three months ended 30.06.2008   Corresponding Quarter ended 30.06.2007   Year to date   Year to date   Year  ended 31.03.2008   Three months ended 30.06.2008   Year  ended 31.03.2008 
     (Unaudited)   (Unaudited)   (Unaudited)   (Unaudited)   (Unaudited)   (Unaudited)   (Unaudited) 
           
1 Net Sales / Income from Operation             2,171.45             1,520.01   2,171.45   4,930.88          9,449.46          4,970.12         21,941.11
2 Other Income                     8.22                  18.83           8.22         74.16             133.12                18.54               344.50
3 Total Income (1+2)             2,179.66             1,538.85   2,179.66   5,005.04          9,582.57          4,988.65         22,285.62
4 Expenditure          
  (a) (Increase) / Decrease in Stock-in-trade & WIP                         -                           -                  -                  -                        -                218.46             (440.89)
  (b) Consumption of raw materials              2,192.40             1,104.80   2,192.40   4,129.46          8,375.88          3,964.56         18,110.69
  (c) Purchase of traded goods                         -                           -                  -                  -                        -      
  (c) Employees Cost                  47.58                  44.88         47.58       129.60             211.21              211.70               834.46
  (d) Depreciation                     8.35                     8.76           8.35         20.43               36.61                65.83               421.99
  (e) Foreign Exchange Loss ( Net off of forex gain/loss)              (267.39)                         -       (267.39)         47.12             273.63    
  (f) Other expenditure                  58.45                235.19         58.45       326.51             254.07              227.07           1,959.59
  (g) Total             2,039.39             1,393.64   2,039.39   4,653.12          9,151.40          4,687.62         20,885.85
5 Interest                  65.88                  39.80         65.88       145.05             182.46              164.90               642.86
6 Exceptional  Items                          -                           -                  -                  -                        -                         -                          -  
6 Profit(+) / Loss (-) from Ordinary Activities before Tax (3) -(4+5)                  74.39                105.41         74.39       206.87             248.72              136.13               756.92
7  Tax Expenses                     9.94                  30.69           9.94         49.23               86.26                17.20                 93.21
8  Net Profit / Loss from Ordinary Activities after tax    (6-7)                  64.45                  74.73         64.45       157.64             162.46              118.93               663.71
9 Extraordinary Items (net of tax expenses)                         -                           -                  -             0.23                      -                         -                          -  
10 Net Profit(+)/Loss(-)  for the Period(8-9-10)                  64.45                  74.73         64.45 #REF!             162.46              118.93               663.71
11 Paid up Equity Share Capital (Face Value Rs.10/-)             1,685.00             1,635.00   1,685.00   1,635.00          1,635.00          1,685.00           1,635.00
12 Reserves excluding revaluation reserves as per balance sheet of previous accounting year                         -                           -                  -                  -            9,049.12                          -  
13 Basic & Diluted Earning per Share before Extraordinary items (not annualised)          
  -  Basic                      0.38                     0.46           0.38           0.96                  0.89                  0.71                   4.06
  -  Diluted                     0.35                     0.46           0.35           0.96                  0.89                  0.64                   4.06
14 Basic & Diluted Earning per Share after Extraordinary & Exceptional items (not annualised)          
  -  Basic                      0.38                     0.46           0.38           0.96                  0.86                  0.71                   4.06
  -  Diluted                     0.35                     0.46           0.35           0.96                  0.86                  0.64                   4.06
15  Public Shareholding          
  -  Number of shares                123.20                119.41       123.20       122.06             121.66              123.20               121.66
  -  Percentage of Shareholding                  73.12                  73.04         73.12         74.66               74.41                73.12                 74.41
 
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 July 31, 2008 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 & Expenditure used for the business, or liability committed for, are not identifiable to one particular segm
c In terms of resolution approved in the meeting of the Board of Directors of the company held on 17th December 2007 and in the Extraordinary General Meeting of its members held on 9th January, 2008, the company has acquired on 8th April,2008 ( date of tran
d In terms of the above resolution, the company has also issued on 4th April, 2008 on preferential basis, 18 lacs share warrants @ Rs. 40/- for subsequent conversion into same number of Equity shares.
e There was no investor complain that was unresolved as on 1st July 2008. During the quarter ended 30th June, 2008, the company has received two complaints from investors and the same has been resolved satisfactorily.
f Tax expenses includes Income Tax, Fringe Benefit Tax and Deferred Tax
g Figures of  the previous periods have been rearranged/regrouped wherever necessary.
UNAUDITED SEGMENT REPORT FOR THE QUARTER ENDED 30TH JUNE, 2008 PURSUANT TO CLAUSE 41 OF THE LISTING AGREEMENT
UNCONSOLIDATED                     CONSOLIDATED
Rs. In lacs Rs. In lacs
  Particulars  Three months ended 30.06.2008   Corresponding Quarter ended 30.06.2007    Year to date   Year to date   Year ended 31.03.2008   Three months ended 30.06.2008   Year ended 31.03.2008 
   (Unaudited)   (Unaudited)   (Unaudited)   (Unaudited)   (Unaudited) 
   
Net Sales / Income from Operation             2,171.45             1,520.01   2,171.45                -            9,449.46          4,970.12         21,941.11
Sales to USA                     2.20                154.78           2.20                -               649.74              496.44           3,045.91
Sales to UAE                350.78                327.26       350.78                -            1,582.68          2,171.40           9,602.10
Sales to UK                         -                           -                  -                  -                    3.12              405.99           2,085.24
Sales in India             1,818.46             1,037.97   1,818.46                -            7,149.58          1,820.97           7,088.55
Sales to other countries                         -                           -                  -                  -                 64.33                75.31               119.31
For and on behalf of the Board      For and on behalf of the Board
Sd/-
Place: Mumbai          Varij Sethi
Date : 31st July, 2008       (Managing Director)
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