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 SEPTEMBER, 2008
						(Rs.in lakhs)
	Sl.No.	PARTICULARS	3 Months Ended	Corresponding 3 Months ended in the previous Ended	Year to date figures for curremt period ended	Year to date figures for the previous year ended	Previous accounting Year ended
			30.09.2008	30.09.2007	30.09.2008	30.09.2007	31.03.2008
			(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Audited)
	1(a)	Net Sales / Income from Operations	5381	5055	10688	9627	20498
	1(b)	Other Operating Income	1	81	7	132	153
	1(c)	Total Income	5382	5136	10695	9759	20651
	2	Expenditure
	a)	(Increase) / Decrease in stock in trade
		and work in progress	(96)	(303)	(246)	(425)	(93)
	b)	Consumption of Raw Materials	3420	3348	6597	6183	12635
	c)	Purchase of Traded Goods	186	165	538	276	557
	d)	Power & Fuel	398	422	810	794	1621
	e)	Employees Cost	283	267	557	536	1046
	f)	Depreciation	210	195	420	381	764
	g)	Other Expenditure	619	636	1242	1165	2570
	h)	Total	5020	4730	9918	8910	19100
	3	Profit from Operations before Other Income, Interest and exceptional Items (1-2)	362	406	777	849	1551
	4	Other Income	-	-	-	-	-
	5	Profit before Interest and Exceptional Items (3+4)	362	406	777	849	1551
	6	Interest	241	163	480	305	776
	7	Profit after interest but before Exceptional Items (5-6)	121	243	297	544	775
	8	Exceptional Items	0	131	0	184	280
	9	Profit / (Loss) from Ordinary Activities before tax (7+8)	121	374	297	728	1055
	10	Tax expense
	a)	Provision for taxation	14	41	34	82	118
	b)	Deffered Tax	-	-	-	-	151
	c)	Fringe Benefit Tax	3	2	6	4	9
		Total tax expenses	17	43	40	86	278
	11	Net Profit(+)/Loss(-) from Ordinary activities after tax (9-10)	104	331	257	642	777
	12	Extraordinary Items ( Net of tax expense Rs.    )	-	-	-	-	-
	13	Net Profit(+)/Loss(-) for the period (11+12)	104	331	257	642	777
	14	Paid-up Equity Share Capital ( Face Value - Rs.10/-)	1413	1413	1413	1413	1413
	15	Reserves excluding Revaluation Reserves as per  Balance sheet of previous accounting year.	-	-	-	-	4581
	16	Earnings 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 annualised)	0.73	2.34	1.82	4.54	5.50
	b)	Basic and diluted EPS after Extraordinry items for the period, for the year to date and for the previous year (not to be annualiaed)	0.73	2.34	1.82	4.54	5.50
	17	Public Shareholding
		- No. of shares	8562796	9040204	8562796	9040204	8562796
		- Percentage of Shareholding	60.59%	63.97%	60.59%	63.97%	60.59%
NOTES :
1.  The above results were reviewed by the Audit Committee and were approved by the Board of
	Directors at their meeting held on 31.10.2008.
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 Weaving and Processing Unit set up at Kucherkal Village, Mahabubnagar District, A.P., to manufacture /
process 20 Million Metre Fabric, started trial runs from September, 2008.
5.	MAT credit entitlement, deferred tax  liability and the effect of exchange variation on Foreign Currency loans
	will be ascertained and provided for at the end of the year.
6.  Status of the Investor complaints as on 31.10.2008.  Pending at the beginning of the Quarter - Nil,
Received - 11, Disposed - 11, lying unresolved at the end of the Quarter - Nil.
7.	The Company has allotted 13,00,200 Equity shares of Rs.10/- each on preferential basis @ Rs.50/-
	(including premium of Rs.40/-) per share on 04.10.2008 to Non-promoters.
8.  Previous years figures were regrouped / rearranged wherever necessary.
			By Order of the Board
			for SURYAJYOTI SPINNING MILLS LIMITED
		Place: Secunderabad	R.K.AGARWAL
		Date:   31.10.2008	Managing Director