SURYAJYOTI SPINNING  MILLS LIMITED
Regd.Office :  Burgul Village, Farooqnagar  Mandal, Mahabubnagar District.  A.P.
Corp.Office :  Surya Towers, 7th Floor, 105, Sardar Patel Road, Secunderabad - 500 003
UNAUDITED  FINANCIAL RESULTS (PROVISIONAL)
FOR THE QUARTER  ENDED 30th JUNE, 2008
         
  PARTICULARS Quarter Ended Quarter Ended Previous Year ended
  30.06.2008 30.06.2007 31.03.2008
  (Unaudited) (Unaudited) (Audited)
         
  1. Net Sales / Income from Operations 5307 4572 20498
         
  2. Other Income 6 104 433
         
  3. Total Income (1+2) 5313 4676 20931
         
  4. Expenditure      
  a) (Increase) / Decrease in stock in trade      
      and work in progress (150) (122) (93)
         
  b) Consumption of Raw Materials 3177 2835 12635
         
  c) Purchase of Traded Goods 352 111 557
         
  d) Power & Fuel 412 372 1621
         
  e) Employees Cost 274 269 1046
         
  f) Depreciation 210 186 764
         
  g) Other Expenditure 623 529 2570
         
  h) Total 4898 4180 19100
         
  5. Interest - Finance Charges 239 142 776
         
  6. Exceptional Items                     -                      -                    -  
         
  7. Profit(+)/Loss(-) from Ordinary Activities       
      before Tax (3)-(4+5+6) 176 354 1055
         
  8. Provision for Tax      
  a) Income Tax 20 41 118
  b) Fringe Benefit Tax 3 2 9
  c) Deferred Tax                     -                      -   151
         
  9. Net Profit(+)/Loss(-) from Ordinary Activities      
      after Tax (7-8) 153 311 777
         
  10. Extraordinary Items (net of tax       
        expense of Rs____________)                      -  
         
  11. Net Profit(+)/Loss(-) for the period (9-10) 153 311 777
         
  12. Paid-up equity share capital 1413 1413 1413
       (Face Value - Rs.10/-)      
         
  13. Reserves excluding Revaluation Reserves      
       as per balancesheet of previous accounting year                     -                      -   4581
         
  14. Earning per Share (EPS)      
       a. Basic and diluted EPS before Extraordinary      
           items for the period, for the year to date and       
           for the previous year (not to be annualized) 1.08 2.20 5.50
         
       b. Basic and diluted EPS after Extraordinary      
           items for the period, for the year to date and       
           for the previous year (not to be annualized) 1.08 2.20 5.50
                    
  15. Public Shareholding      
        -  Number of Shares 8562796 9139204 8562796
        -  Percentage of shareholding 60.59% 64.67% 60.59%
NOTES :
1.  The above results were reviewed by the Audit Committee and were taken on record by the Board of
  Directors at their meeting held on 31.07.2008.
2. Statutory Auditors have conducted Limited Review of the above results.
3.  The entire operations of the Company relates to one segment i.e., yarn.
4.  The Civil Works at Kucherkal Village were completed.  The main machinery arrived at the site and the erection 
     is  under  advanced  stage of completion.   The production is likely to  commenced  in the ensuing quarter.
5. MAT credit entitlement and  deferred tax  liability will be considered in the annual figures..
6.  Status of the Investor complaints as on 30.06.2008.  Pending at the beginning of the Quarter - Nil, 
     Received - 6, Disposed - 6, Lying unresolved at the end of the Quarter - Nil.
7.  Previous years figures were regrouped / rearranged wherever necessary.
8. The Derivative transactions are under European option and was not matured.  Hence, no liability was arised and
no provision was made.
By Order of the Board
for SURYAJYOTI SPINNING MILLS LIMITED
Place: Secunderabad R.K.AGARWAL
Date:   31.07.2008                  Managing Director