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
	AUDITED FINANCIAL RESULTS
	FOR THE QUARTER / YEAR ENDED 31st  MARCH, 2008
						(Rs. in Lakhs)
	PARTICULARS	For the quarter ended		9 months ended	Year ended
		31.03.2008	31.03.2007	31.12.2007	31.03.2008	31.03.2007
		(Unaudited)	(Unaudited)	(Unaudited)	(Audited)	(Audited)
	1. Net Sales / Income from Operations	5210	4465	15288	20498	16575
	2. Other Income	31	93	402	433	89
	3. Total Income (1+2)	5241	4558	15690	20931	16664
	4. Expenditure
	a) (Increase) / Decrease in stock in trade
	and work in progress	76	124	(169)	(93)	(320)
	b) Consumption of Raw Materials	3141	2543	9494	12635	10314
	c) Purchase of Traded Goods	96	331	461	557	703
	d) Power & Fuel	414	334	1207	1621	1217
	e) Employees Cost	256	229	790	1046	789
	f) Depreciation	198	148	566	764	532
	g) Other Expenditure	743	430	1827	2570	1714
	h) Total	4924	4139	14176	19100	14949
	5. Interest - Finance Charges	247	166	529	776	421
	6. Exceptional Items	-	-	-	-	-
	7. Profit(+)/Loss(-) from Ordinary Activities
	before Tax (3)-(4+5+6)	70	253	985	1055	1294
	8. Provision for Tax					287
	a) Income Tax	6	29	112	118	155
	b) Fringe Benefit Tax	3	1	6	9	6
	c) Deferred Tax	0	0	0	151	126
						6
	9. Net Profit(+)/Loss(-) from Ordinary Activities
	after Tax (7-8)	61	223	867	777	1007
	10. Extraordinary Items (net of tax
	expense of Rs____________)	-	-	-	-	-
	11. Net Profit(+)/Loss(-) for the period (9-10)	61	223	867	777	1007
	12. Paid-up equity share capital	1413	1413	1413	1413	1413
	(Face Value - Rs.10/-)
	13. Reserves excluding Revaluation Reserves
	as per balancesheet of previous accounting year	-	-	-	4581	3903
	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)	0.43	1.58	6.13	5.50	7.23
	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)	0.43	1.58	6.13	5.50	7.23
	15. Public Shareholding
	-  Number of Shares	8562796	9195404	9040204	8562796	9195404
	-  Percentage of shareholding	60.59%	65.07%	63.97%	60.59%	65.07%
NOTE :
1.  The entire operations of the Company relates to one segment i.e., yarn.
2.  With reference to the qualification by the Auditors in point 2(vi) of their Audit Report it is clarified that as the
Derivative transaction under European option did not mature during the year, no liability has arisen and hence no
provision has been made.
3.  Status of the Investor complaints as on 31.03.2008.  Pending at the beginning of the Quarter - Nil, Received - 11,
Disposed - 11, Lying unresolved at the end of the Quarter - Nil.
4.  Previous years figures were regrouped / rearranged wherever necessary.
5.  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  likely to  commenced  from  second  quarter of the
current year.
6.  The above audited financial results were reviewed by the Audit Committee and were approved by the Board of
	Directors at their meeting held on 30.06.2008.
7.	The Board has recommeded a dividend of 6% for approval of shareholders.
8.	Deferred Tax liability is considered in the annual figures as the same can not be qualified on Quarterly basis.
		for SURYAJYOTI SPINNING MILLS LIMITED
	Place: Secunderabad	R.K.AGARWAL
	Date:   30.06.2008	Managing Director