VAIBHAV GEMS LIMITED
AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31ST MARCH 2010

(Rs. in Lacs)

Sr.
No.

Particulars

Quarter Ended
Year Ended
Consolidated Results

Year Ended

31-Mar-10

31-Mar-09

31-Mar-10

31-Mar-09
31-Mar-10
31-Mar-09
(Audited)
(Audited)
(Audited)
(Audited)
(Audited)
(Audited)
 
1.
 a. Net Sales/Income from Operations 2,789.90

1,825.72

 12,083.95 17,096.49 33,818.08 59,479.96
b. Other Operating Income 19.07

103.41

 68.01 775.36 521.71 548.07
2.
 Total Income (A+B)

2,808.97

1,929.13

12,151.96

17,871.85

34,339.79

60,025.03

3.

Expenditure            
 

a. Increase/Decrease in Stock in Trade and Work in Progress

65.53

24.87

158.13

1,001.71

4,886.11

15,898.37
 

b. Consumption of Raw Materials

1,920.55

3,072.82

9,044.02

14,261.51

11,802.46

17,098.64
 

c. Purchases of Traded Goods

-

156.99

19.23

668.50

3,088.40

4,962.77
 

d. Employees Cost

281.47

98.33

1,094.63

1,247.50

4,830.87

9,750.62
 

e. Depreciation

435.57

36.96

120.77

150.13

874.87

1,246.23
 

f. Other Expenditure

435.57

231.43

1,690.48

1,228.24

11,976.81

20,446.71
 

g. Total

2,734.53

3,621.38

12,127.25

18,557.58

37,459.51

69,423.31
4.
Profit from Operations before other income, Interest and Exceptional items (2-3)

74.45

(1,692.26)

24.71

(685.73)

(3,119.72)

(9,398.28)
5.

Other Income

0.04

0.66

0.22

35.21

-

235.55
6.

Profit before Interest and Exceptional Items (4+5)

74.48

(1,691.59)

24.93

(650.51)

(3,119.72)

(9,162.73)
7.

Interest and Finance Charges

 278.12 411.99 1,386.21 1,564.81 2,633.08 1,860.03
8.

Profit before Exceptional Items & Tex (6-7)

 (203.63) (2,103.58) (1,361.28) (2,215.32) (5,752.80) (11,022.77)
9.

Exceptional Items

 1,557.60 14,546.50 1,557.60 (23,152.73) (1,048.24) (8,734.34)
10.
 Profit(+)/Loss(-) from Ordinary Activites Before Tax (8+9)

1,353.97

(16,650.08)

 196.33 (25,368.05) (6,801.05)
 (19,757.11)
11.
 Tax Expanse (6.89) 24.93 (17.57) 50.43 (0.30) 52.64
12.
 Net Profit(+)/Loss(-) from Ordinary Avtivities After Tax(10-11)

1,360.86

(16,675.01)

 213.90 (25,418.48) (6,800.75)
 (19,809.75)
13.
 Extraordinary Items (Net of Tax Expenses) - - - - - -
14.
 Net Profit(+)/Loss(-) for the Period Before Minority Interest (12-13)

1,360.86

(16,675.01)

 213.90 (25,418.48) (6,800.75)
 (19,809.75)
15.
 Minority Interest - - - - - (60.49)
16.
 Net Profit(+)/Loss(-) for the Period After Minority Interest (14-15)

1,360.86

(16,675.01)

 213.90 (25,418.48) (6,800.75)
 (24,035.28)
17.

Paid up Equity Share Capital
(Face Value Per Share of Rs. 10/-)

3,169.85

3,169.85

3,169.85

3,169.85

3,169.85

3,169.85
18.

Reserve excluding Revaluation Reserves

-

-

26,374.13

26,020.51

10,995.78

13,320.80

19.

a.)Earning Per Share before Exceptional Items for the Period, for the Year to date & for the Pervious Year (not annualized)            
 

i) Basic EPS

(0.66)

(6.75)

(4.38)

(7.43)

(18.29)

(48.55)
 

ii) Diulted EPS

(0.66)

(6.75)

(4.38)

(7.43)

(18.29)

(48.55)

 

 b.)Earning Per Share before Extraordinary tems for the Period, for the Year to date & for the Pervious Year (not annualized)            
 

i) Basic EPS

4.26

(52.64)

0.54

(80.47)

(21.59)

(76.10)
 

ii) Diulted EPS

4.25

(52.64)

0.53

(80.47)

(21.59)

(76.10)

 

 c.)Earning Per Share after Extraordinary Items for the Period, for the Year to date & for the Pervious Year (not annualized)            
 

i) Basic EPS

4.26

(52.64)

0.54

(80.47)

(21.59)

(76.10)
 

ii) Diulted EPS

4.25

(52.64)

0.53

(80.47)

(21.59)

(76.10)

21.

Promoters & Promoter group shareholding            
 

a.  Pledged/Encumbered

            
 

    -  Number of Shares

2,582.472

2,2328.140

2,582.472

2,328.140

2,582.472

2,328,140
 

    -  Percenage of Shares (as a % of the total shareholding of promoter and promoter group)

59.75%

53.67%

59.76%

53.67%

59.76%

53.67%
 

    -  Percentage of Shares (as a % of the total share capital of the company)

8.15%

7.34%

8.15%

7.34%

8.15%

7.34%
 

b.  Non-encumbered

            
 

    -  Number of Shares

1,739,148

2,010,427

1,739,148

2,010,427

1,739,148

2,010,427
 

    -  Percenage of Shares (as a % of the total shareholding of promoter and promoter group)

40.24%

46.33%

40.24%

46.33%

40.24%

46.33%
 

    -  Percentage of Shares (as a % of the total share capital of the company)

5.48%

6.34%

5.48%

6.34%

5.48%

6.34%

VAIBHAV GEMS LIMITED
AUDITED CONSOLIDATED SEGMENTWISE REVENUE, RESULTS & CAPITAL EMPLOYED
FOR THE YEAR ENDED 31st MARCH 2010

(Rs. in Lacs)
Particulars
Year ended 31st March, '10
( Audited )

Year ended 31st March, '09
( Audited )
      
Segment Revenue
 
 A. Wholesale
 19,567.71 29,629.00
 B. Stores (B&M)
 297.35 9,001.13
 C. Electronic (TV & Internet)
 28,523.82 35,156.02
Total
 48,388.89 73,786.16
Less - Inter segment Revenue
 (14,570.81) (16,452.21)
Net Sales / Income from Operation
 33,818.08 57,333.95
     
Segment Result
    

Profit / ( loss ) before tax and interest from each segment

    
 A. Wholesale
 (1,05289) (1,496.53)
 B. Stores (B&M)
 (1,140.79) (2,655.77)
 C. Electronic (TV & Internet)
 (1,114.81) (6,281.44)
Total
 (3,308.50) (10,433.73)
Less - Inter segment profit / (loss)
- (890.51)
     
Net Segment Result
 (3,308.50) (11,324.25)
Add - Interest Income 18.35 225.57

Less - Financial expenses

 2,462.65 4149.62

   
Total Profit before tax
(5,752.80) (15,248.30)
Taxes
 (0.30) 52.64
     

Total Profit after tax before Exceptional Item

 (5,752.50) (15,300.95)

Less-Exceptional Items

 (1,048.24) (8,734.34)

Total Profit after tax after Exceptional Item

 (6,800.75) (24,035.28)
     
Capital Employed    
Wholesale
 40,957.27 39,470.56
Stores
 (470.43) (2,928.95)
TV Channels
 (21,921.21) (14,855.75)
     
     
Total Capital Employed 18,565.63 21,685.85
 

 
Notes :

1.

 Figures for corresponding previous period/year have been regrouped / rearranged wherever necessary.

2.

 No Investor complaints were pending at the beginning and end of the quarter. During the quater, no complaint has been received.

3.

 The Statement of Audited Financial Results have been reviewed by the Audit Committee and approved & taken on record by the Board of Directors at its meeting held on 21st May 2010.
4
.
 The Standalone Company operates in only one segment, i.e. Wholesale, hence, Segmental information has been given for consolidated results only.
E-68,EPIP
Sitapura
Jaipur - 302 022
21st May 2010
  


For and on behalf of Board of Directors

RAHIMULLAH
Managing Director