Financial

Notes :

The above results were reviewed and were taken on record by Audit Committee & the Board of Directors at its meeting held on 28.04.2007

The Limited Review as required under clause 41 of the listing agreement with Stock exchange has been completed and the requisite report shall be forwarded to the exchanges.

Investors' complaints pending at the beginning of the quarter ended 31st March 2007, received disposed off and pending at the end of the said quarter were 18, 124,130,12,respectively.

Financial Kalpana Group of Industries

KALPANA INDUSTRIES LIMITED
Regd. Office: 2B, Pretoria Street, Kolkata - 700 071

Unaudited Financial Results for the quarter ended 31.03.2007
(all figures Rs.in lacs)

S. No	PARTICULARS	Quarter Ended 31.03.2007 (Unaudited)	Quarter Ended 31.03.2006 (Unaudited)	Nine Month Ended 31.03.2007 (Unaudited)	Financial Year Ended 31.03.2007 (Audited)
1	Net Sales	11122.78	4635.25	31.32.42	18846.63
2	Other Income	50.65	24.08	123.12	81.47
--	Total Revenues	11173.43	4659.33	31155.51	18928.10
3	Total Expenditure	10489.51	4360.76	29021.95	17821.72
(a)	Increase/Decrease in Stock in Trade	(137.88)	(120.63)	55.15	(316.97)
(b)	Consumption of Raw Materials	9701.68	4005.16	26515.49	16471.15
(c)	Staff Cost	56.82	57.09	189.87	151.25
(d)	Other Expenditure	868.89	419.14	2371.74	1516.29
4	Interest	253.95	71.91	718.92	297.76
5	Depreciation	52.90	52.46	216.28	182.46
6	Profit Before Extra Ordinery Items & Ta	377.07	174.20	1153.39	626.16
7	Loss on Sale of Assets	0.50	(0.38)	0.50	21.62
8	Prior Period Expenses	0.00	1.52	0.00	1.52
9	Profit Before Tax (6-(7+8)	376.57	173.06	1152.89	603.02
10	Provision for Taxation	38.35	11.00	129.35	51.00
11	Provision for Deferred Tax	10	0	20	30.00
12	Provision for F.B.T.	2.47	7.0	8.75	7.00
13	Net Profit (9-(10+11+12)	325.75	155.06	994.79	515.02
14	Paid-up Equity Share Capital	1155.36	760.00	1155.36	760.00
--	(Face Value Rs. 10/- each)	--	--	--	--
15	Reserves excluding Revaluation Reserves	--	--	--	1561.13
16	Earnings per Share-Basic & Diluted (in Rs.)	2.82	2.04	8.61	6.78
17	Aggregate of Non Promoter shareholdings	--	--	--	--
--	- Number of Shares	--	--	2966774	2966676
--	- Percentage of Shareholding	--	39.02	25.68	39.04