KANANI INDUSTRIES LIMITED

R.O. : GE1080, BHARAT DIAMOND BOURSE, G-BLOCK, BANDRA KURLA COMPLEX, BANDRA (EAST), MUMBAI: 400051.
CIN NO. L51900MH1983PLC029598 WEBSITE: www.kananiindustries.com
STATEMENT OF STANDALONE AUDITED FINANCIAL RESULT FOR THE QUARTER ENDED 30 TH JUNE, 2022
(Rs. In Lakhs)
Quarter Ended Year Ended
Particulars 30.06.2022 31.03.2022 30.06.2021 31.03.2022
Unaudited Unaudited Unaudited Audited
1 Revenue from Operation 2,455.97 2,108.87 1,613.31 8,456.25
2 Other Income 12.51 59.65 32.20 116.59
3 Total Income (1+2) 2,468.48 2,168.52 1,645.50 8,572.84
4 Expenses:
(1) Cost of Raw Material Consumed 1,882.66 2,600.94 1,214.46 8,420.31
(2) Purchase of Stock-in-trade - - - -
(3) Changes in inventories of finished goods, Work-in progress and stock-in trade 445.32 (597.53) 326.11 (357.43)
(4) Employee Benefit Expenses 12.89 12.70 12.44 50.14
(5) Finance Cost 16.81 3.59 22.83 78.34
(6) Depreciation & amortisation Expenses 1.78 1.84 1.75 9.01
(7) Other Expenses 78.27 69.51 55.19 260.56
Total Expenses (4) 2,437.72 2,091.06 1,632.78 8,460.92
5 Total Profit before Exceptional Items and tax (3-4) 30.76 77.47 12.72 111.92
6 Exceptional Items - - - -
7 Total Profit before before Tax (5-6) 30.76 77.47 12.72 111.92
8 Tax Expenses
Current Tax 5.13 13.30 1.99 18.68
Tax for Earlier Year - - - -
9 Net Profit (Loss) for the period from continuing operations (7-8) 25.63 64.16 10.73 93.24
10 Profit / (Loss) from discontinued operations before tax - - - -
11 Tax Expenses of discontinued operations - - - -
12 Net Profit (Loss) from discontinued operation after tax (10-11) - - - -
13 Total Profit (Loss) for the period (9+12) 25.63 64.16 10.73 93.24
14 Other Comprehensive Income
A (i) Item that will not be reclassified to profit or loss - - - -
(ii) Income tax relating to item that will not be reclassified to profit or loss - - - -
B (i) Item that will be reclassified to profit or loss - - - -
(ii) Income tax relating to item that will be reclassified to profit or loss - - - -
15 Total comprehensive income for the period 25.63 64.16 10.73 93.24
16 Paid up equity share capital 989.34 989.34 989.34 989.34
(Face Value of Share) 1.00 1.00 1.00 1.00
17 Reserve excluding Revaluation Reserves - - - 3,417.43
18 Earnings per equity shre (for continuing operation):
1 Basic 0.03 0.06 0.01 0.09
2 Diluted 0.03 0.06 0.01 0.09
19 Earnings per equity shre (for discontinued operation):
1 Basic - - - -
2 Diluted - - - -
20 Earnings per equity shre (for discontinued & continuing operations):
1 Basic 0.03 0.06 0.01 0.09
2 Diluted 0.03 0.06 0.01 0.09
 KANANI INDUSTRIES LIMITED
R.O. : GE1080, BHARAT DIAMOND BOURSE, G-BLOCK, BANDRA KURLA COMPLEX, BANDRA (EAST), MUMBAI: 400051.
CIN NO. L51900MH1983PLC029598 WEBSITE: www.kananiindustries.com
STATEMENT OF CONSOLIDATED AUDITED FINANCIAL RESULT FOR THE QUARTER ENDED 30 TH JUNE, 2022
(Rs. In Lakhs)
Quarter Ended Year Ended
Particulars 30.06.2022 31.03.2022 30.06.2021 31.03.2022
Unaudited Unaudited Unaudited Audited
1 Revenue from Operation 9,501.26 4,255.45 7,349.94 29,072.52
2 Other Income 12.51 59.65 32.20 116.59
3 Total Income (1+2) 9,513.775 4,315.10 7,382.14 29,189.12
4 Expenses:
(1) Cost of Raw Material Consumed 1,882.66 2,600.94 1,214.46 8,420.31
(2) Purchase of Stock-in-trade 6,849.86 2,471.07 5,683.35 21,067.36
(3) Changes in inventories of finished goods, Work-in progress and stock-in trade 518.49 (961.44) 329.13 (981.06)
(4) Employee Benefit Expenses 26.67 26.33 25.61 103.29
(5) Finance Cost 16.81 3.59 22.83 78.34
(6) Depreciation & amortisation Expenses 1.78 1.84 1.75 9.01
(7) Other Expenses 86.30 60.71 64.56 290.54
Total Expenses (4) 9,382.572 4,203.05 7,341.68 28,987.79
5 Total Profit before Exceptional Items and tax (3-4) 131.20 112.05 40.46 201.33
6 Exceptional Items - - - -
7 Total Profit before before Tax (5-6) 131.20 112.05 40.46 201.33
8 Tax Expenses
Current Tax 6.15 13.32 2.97 20.79
Tax for Earlier Year - - - -
9 Net Profit (Loss) for the period from continuing operations (7-8) 125.05 98.73 37.49 180.53
10 Profit / (Loss) from discontinued operations before tax - - - -
11 Tax Expenses of discontinued operations - - - -
12 Net Profit (Loss) from discontinued operation after tax (10-11) - - - -
13 Total Profit (Loss) for the period (9+12) 125.05 98.73 37.49 180.53
14 Other Comprehensive Income
A (i) Item that will not be reclassified to profit or loss - - - -
(ii) Income tax relating to item that will not be reclassified to profit or loss - - - -
B (i) Item that will be reclassified to profit or loss - - - -
(ii) Income tax relating to item that will be reclassified to profit or loss - - - -
15 Total comprehensive income for the period 125.05 98.73 37.49 180.53
16 Paid up equity share capital 989.34 989.34 989.34 989.34
(Face Value of Share) 1.00 1.00 1.00 1.00
17 Reserve excluding Revaluation Reserves - - - 4,890.95
18 Earnings per equity shre (for continuing operation):
1 Basic 0.13 0.10 0.04 0.18
2 Diluted 0.13 0.10 0.04 0.18
19 Earnings per equity shre (for discontinued operation):
1 Basic - - - -
2 Diluted - - - -
20 Earnings per equity shre (for discontinued & continuing operations):
1 Basic 0.13 0.10 0.04 0.18
2 Diluted 0.13 0.10 0.04 0.18
Notes:
1. The financial results of the Company have been prepared in accordance with the Companies (Indian Accounting Standards)
Rules, 2015, prescribed under Section 133 of the Companies Act, 2013, and other recognised accounting practices and policies
to the extent applicable.

2. The above standalone & consolidated audited financial results of the Company have been reviewed by the Audit Committee
and approved by the Board of Directors at their respective meetings held on 06 th August, 2022.

3. Figures of the corresponding previous period have been regrouped, rearranged wherever necessary to conform to the
classification of the current period.

4. The Statutory Auditors of the Company have conducted a Audited Report of the above financial results for the quarter/year
ended June 30, 2022 and have expressed an unmodified audit opinion on these results.

5. The Company has only one reportable segment.

6. The results for the quarter ended June 30, 2022 are available on the on the website of the Company at

www.kananiindustries.com and on the websites of the Stock Exchanges viz. www.bseindia.com and www.nseindia.com.
For & On Behalf of Board of Directors

Mr. Premjibhai Kanani

Place : Mumbai Chairman
Date : 06/08/2022 DIN NO: 01567443