KRANTI INDUSTRIES LIMITED

Date: May 27, 2023

To,
The Manager,
BSE Limited.
PhirozeJeejeebhoy Towers,
Dalal Street,Fort,
Mumbai 400 001

Script Code: 542459

Script Symbol: KRANTI

Subject: Audited Financial Statements of the Company for the 4th Quarter and Financial
Year ended on March 31, 2023. (Standalone and Consolidated)

Dear Sir/ Madam,

This is with reference to Regulation 33 of the SEBI (Listing Obligation and Disclosure
Requirement) 2015, enclosed herewith the Audited Financial Statements of the Company for the
4th Quarter and Financial Year ended on March 31, 2023 on Standalone and Consolidated basis
along with the Audit Report thereto.

Kindly place the aforesaid information on record and do the needful

Thank You.

For and on behalf of

KRANTI INDUSTRIES LIMITED
BHAVESH Digitally signed by
BHAVESH SUBHASH
SUBHASH SELARKA
Date: 2023.05.27
SELARKA 16:13:25 +05'30'
Bhavesh Selarka
Company Secretary & Compliance Officer
Membership No.: A42734

Registered Office: Gat No. 267/B1, At Post Pirangut, Tal. Mulshi, Dist. Pune, 412115 INDIA Tel: +91-20-66755676
CIN: L29299PN1995PLC095016; Email:info@krantiindustries.com; Website:www.krantiindustries.com
KRANTI INDUSTRIES LIMITED
GAT NO. 267/B/1, PIRANGUT, TAL -MULSHI, PUNE - 412115 CIN : L29299PN1995PLC095016

STATEMENT OF AUDITED ASSETS AND LIABILITIES - STANDALONE

Rs In Lakh
As at As at
Particulars 31 March 2023 31 March 2022
Audited Audited
I. ASSETS
Non-current assets
(a) Property, plant and equipment 3,968.16 3,095.84
(b) Right-of-use asset 475.60 501.96
(c) Capital work-in-progress 276.76 429.13
(d) Intangible assets 21.29 18.92
(e) Goodwill - -
(f) Financial assets
(i) Investment 335.44 335.51
(ii) Others 53.20 28.15
(g) Income tax assets (net) 15.31 25.95
(h)Deferred tax assets (net) - -
(i) Other non-current assets - -
Total non-current assets 5,145.78 4,435.46
Current assets
(a) Inventories 924.22 824.53
(b) Financial assets
(i) Trade receivables 836.77 608.81
(ii) Cash and cash equivalents 0.71 0.45
(iii) Other financial assets 0.82 2.36
(c) Current tax assets (net) - -
(d) Other current assets 126.95 42.45
Total current assets 1,889.47 1,478.60
TOTAL ASSETS 7,035.25 5,914.06
II. EQUITY AND LIABILITIES
Equity
(a) Equity share capital 1,056.24 1,056.24
(b) Other equity 1,374.93 1,166.08
Total equity 2,431.17 2,222.32
Non-current liabilities
(a) Financial liabilities
(i) Borrowings (Non Current) 1,646.85 959.21
(ii) Lease liabilities (Non Current) 200.19 270.38
(b) Other non-current liabilities 0.75 1.41
(c) Deferred tax liabilities (Net) 159.20 114.54
Total non-current liabilities 2,007.00 1,345.54
(a) Financial liabilities
(i) Borrowings (Current) 1,326.77 1,169.94
(ii) Lease liabilities (Current) 70.20 77.79
(iii) Trade payables
a) total outstanding dues of micro enterprises and 267.82
271.77
small enterprises
b) total outstanding dues of creditors other than micro 735.68
567.80
enterprises and small enterprises
(iv) Other financial liabilities 153.88 167.85
(b) Other current liabilities 21.32 70.57
(c) Provisions 19.64 19.27
(d) Income tax liabilities (net) 1.78 1.20
Total current liabilities 2,597.07 2,346.20
Total liabilities 4,604.07 3,691.74
TOTAL EQUITY AND LIABILITIES 7,035.25 5,914.06

For and on behalf of Board of Directors 0.000 (0.00)

KRANTI INDUSTRIES LIMITED
Vora Sachin Digitally signed by Vora
Sachin Subhash

Subhash Date: 2023.05.27

12:58:04 +05'30'
Sachin Vora
Managing Director Place : Pune
DIN-02002468 Date : May 27, 2023
 KRANTI INDUSTRIES LIMITED
GAT NO. 267/B/1, PIRANGUT, TAL -MULSHI, PUNE - 412115 CIN : L29299PN1995PLC095016

STATEMENT OF AUDITED FINANCIALS RESULTS FOR THE QUARTER AND YEAR ENDED ON 31ST MARCH 2023 - (STANDALONE)

Rs In Lakh
STANDALONE
Sl PARTICULARS Quarter Ended Year Ended Year Ended
No 31-03-2023 31-12-2022 31-03-2022 31-03-2023 31-03-2022
Audited Unaudited Audited Audited Audited
1 Income
(a) Revenue from Operation 2,213.07 2,120.90 2,223.29 9,139.73 9,183.28
(b)Other Income 16.82 (6.87) 4.52 12.79 17.44
2 Total Income 2,229.89 2,114.03 2,227.81 9,152.51 9,200.72
3 Expenses
(a) Cost of Material Consumed 1,489.58 1,423.64 1,453.53 6,130.23 6,072.45
(b) Purchase of Stock-in- Trade - - - - -
(c)Changes in inventories of finished goods, work in
57.88 (31.89) 65.25 (32.33) 23.68
progress & stock-in- trade
(d) Employee benefit expenses 264.30 260.34 237.92 991.34 992.65
(e) Finance Cost 43.88 57.21 62.28 225.95 199.48
(f) Depreciation and amortization expenses 105.31 96.18 104.22 392.47 389.97
(g) Other Expenses 254.97 263.96 297.79 1,137.69 1,252.97
Total Expenses 2,215.93 2,069.45 2,220.99 8,845.34 8,931.19
4 Profit/(Loss) before tax 13.96 44.58 6.81 307.17 269.53
5 Tax Expenses - - -
Current tax (31.81) 9.39 49.53 56.41 49.53
Deferred Tax 35.04 (5.34) 1.26 30.99 59.17
-
MAT Credit Entitlement 13.39 - (49.53) 13.39 (49.53)
6 Net profit/(loss) after tax for the period (4-5) (2.66) 40.53 5.55 206.38 210.36
7 Other comprehensive income -
8 Items that will not be reclassified to profit or loss: -
Re-measurement of defined benefit plans (5.65) - 4.05 3.43 4.05
Income tax relating to items that will not be reclassified to
1.41 - (1.05) (0.95) (1.05)
profit or loss
Income tax relating
Total Other to items that
comprehensive will be
income reclassified
/ (loss) for theto profit - - -
(4.24) - 3.00 2.48 3.00
period
9 Total comprehensive income / (loss) for the period (6.91) 40.53 8.55 208.85 213.36
10 Paid up Equity Share Capital-Face Value Rs 10/- each 1,056.24 1,056.24 1,056.24 1,056.24 1,056.24
Reserve excluding, Revaluation Reserves as per balance
11 1,166.08 1,136.42
sheet of previous accounting year.
12 Earnings per Share (EPS) , in Rs (not annualised)
( Equity Share of face value of Rs 10/- each)
(a) Basic and Diluted EPS (0.025) 0.38 0.05 1.95 1.99
(b) Adjusted Basic 2.08 2.08

For and on behalf of Board of Directors

KRANTI INDUSTRIES LIMITED

Vora Sachin Digitally signed by

Vora Sachin Subhash
Subhash Date: 2023.05.27
12:58:27 +05'30'
Sachin Vora
Managing Director Place :- Pune
DIN-02002468 Date : May 27, 2023
KRANTI INDUSTRIES LIMITED
GAT NO. 267/B/1, PIRANGUT, TAL -MULSHI, PUNE - 412115 CIN : L29299PN1995PLC095016

STATEMENT OF AUDITED CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2023 - STANDALONE
Rs in Lakhs
For the Year ended For the year ended
Particulars 31 March 2023 31 March 2022
Audited Audited
A. Cash flow from operating activities
Net Profit before extraordinary items and tax 307.17 269.53
Adjustments for:
Interest received - (2.31) (15.40)
Dividend received - (0.33) -
Grants written Back - -
Profit on sale of Assets (8.59) -
Interest paid - 225.95 193.26
Depreciation and amortisation 392.47 389.97
Commision income on corporate guarantee (1.55) (0.92)
Fair valuation gain/loss on instruments measured at FVTPL - (1.11)
605.63 565.79
Operating profit before working capital changes 912.81 835.32
Changes in working capital:
(Increase) in other non-current liabilities 0.21 0.52
(Increase) / Decrease in other non-current financial assets (25.05) -
Decrease in other non-current assets - (61.62)
Decrease / (Increase) in inventories (99.69) (43.92)
(Increase) in trade receivables (227.96) 246.80
Decrease / (Increase) in other current financial assets 1.54 0.01
Decrease in other current assets (84.50) 24.10
(Increase) / Decrease in non current borrowings - -
Increase in lease liabilities - -
(Increase) / Decrease in current borrowings - -
(Decrease) /Increase in other non-current liabilities - -
Increase / (Decrease) in trade payables 163.93 (201.93)
Increase in other current financial liabilities (13.97) 66.04
(Decrease) /Increase in other current liabilities (49.25) (15.50)
Increase in current provisions 3.53 12.87
(331.22) 27.36
Cash generated from operations 581.59 862.68
Net income tax (paid) (44.92) - (43.12)
Net cash flow generated from operating activities 536.67 819.56
B. Cash flow from investing activities
Purchase of property, plant and equipment, intangible assets and
capital work-in-progress (1,158.85) (648.35)

Sale proceeds of property, plant and equipment 79.00 99.49

Purchase/Sale of non-current investments 0.06 (20.13)
Dividend received 0.33 -
Interest received 2.31 15.40
Net cash flow (used in) investing activities (1,077.14) (553.59)
C. Cash flow from financing activities
Long-term borrowings (repaid) during the year 687.65 (682.64)
(Repayment) / Proceeds of short-term borrowings (net) 156.83 521.14
Interest paid (191.30) (171.97)
Leases Net of ROU Assets -
- Principal (77.79) (61.64)
- Interest (34.65) (21.28)
Expenses for Issue of Equity shares - (7.65)
Tax on dividend paid during the year
Net cash flow (used in) financing activities 540.73 (424.03)
Net (decrease) in Cash and cash equivalents (A+B+C) 0.26 (158.07)
Effect of exchange differences on restatement of foreign currency
- -
Cash and cash equivalents
Cash and cash equivalents at the beginning of the year 0.45 158.52
Cash and cash equivalents at the end of the year 0.71 0.45
KRANTI INDUSTRIES LIMITED
GAT NO. 267/B/1, PIRANGUT, TAL -MULSHI, PUNE - 412115 CIN : L29299PN1995PLC095016

STATEMENT OF AUDITED CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2023 - STANDALONE
Rs in Lakhs
For the Year ended For the year ended
Notes to cash flow statement
(i) The above Cash Flow Statement has been prepared under the Indirect method set out in Indian Accounting Standard (Ind AS) 7 on
Statement of Cash Flows.
(ii) Prior year comparatives have been reclassified to conform with current year’s presentation, where applicable.
(iii) For the purpose of cash flow, Cash and cash equivalents comprise :
For the year For the year
ended ended
Particulars
31/03/2023 31/03/2022

Cash on hand 0.46 0.35

Balances with bank
- Current accounts 0.25 0.10
0.71 0.45
(0.000) 0.01
For and on behalf of Board of Directors
KRANTI INDUSTRIES LIMITED

Vora Sachin Digitally signed by

Vora Sachin Subhash
Subhash Date: 2023.05.27
12:58:42 +05'30'

Sachin Vora Place : Pune

Managing Director Date : May 27, 2023
DIN-02002468
KRANTI INDUSTRIES LIMITED
GAT NO. 267/B/1, PIRANGUT, TAL -MULSHI, PUNE - 412115 CIN : L29299PN1995PLC095016

STATEMENT OF AUDITED ASSETS AND LIABILITIES - CONSOLIDATED

Rs In Lakh
As at As at
Particulars 31 March 2023 31 March 2022
Audited Audited
I. ASSETS
Non-current assets
(a) Property, plant and equipment 3,983.09 3,172.68
(b) Right-of-use asset 475.60 501.96
(c) Capital work-in-progress 276.76 527.41
(d) Intangible assets 21.60 19.33
(e) Goodwill 319.12 320.43
(f) Financial assets
(i) Investment 42.62 43.47
(ii) Others 53.20 32.50
(g) Income tax assets (net) 15.31 30.41
(h)Deferred tax assets (net) 0.26 -
(i) Other non-current assets - -
Total non-current assets 5,187.56 4,648.20
Current assets
(a) Inventories 924.22 837.88
(b) Financial assets
(i) Trade receivables 847.84 640.57
(ii) Cash and cash equivalents 270.76 1.14
(iii) Other financial assets 0.82 2.36
(c) Current tax assets (net) -
(d) Other current assets 126.95 42.80
Total current assets 2,170.58 1,524.75
TOTAL ASSETS 7,358.15 6,172.94
II. EQUITY AND LIABILITIES
Equity
(a) Equity share capital 1,056.24 1,056.24
(b) Other equity 1,685.82 1,161.82
Total equity 2,742.06 2,218.06
Non controlling interest - 2.10
Total equity 2,742.06 2,220.16
Non-current liabilities
(a) Financial liabilities
(i) Borrowings (Non Current) 1,646.85 1,047.98
(ii) Lease liabilities (Non Current) 200.19 270.38
(b) Other non-current liabilities 0.75 0.05
(c) Deferred tax liabilities (Net) 159.20 101.79
Total non-current liabilities 2,007.00 1,420.21
Current liabilities
(a) Financial liabilities
(i) Borrowings (Current) 1,326.77 1,348.30
(ii) Lease liabilities (Current) 70.20 77.79
(iii) Trade payables -
267.82 271.77
a) total outstanding dues of micro enterprises and small enterprises
b) total outstanding dues of creditors other than micro enterprises and 737.91 556.67
small enterprises
(iv) Other financial liabilities 155.88 178.33
(b) Other current liabilities 26.17 75.71
(c) Provisions 21.44 22.80
(d) Income tax liabilities (net) 2.91 1.20
Total current liabilities 2,609.09 2,532.57
Total liabilities 4,616.09 3,952.78
TOTAL EQUITY AND LIABILITIES 7,358.15 6,172.94

For and on behalf of Board of Directors

KRANTI INDUSTRIES LIMITED

Vora Sachin Digitally signed by

Vora Sachin Subhash
Subhash Date: 2023.05.27
12:59:15 +05'30'

Sachin Vora
Managing Director Place : Pune
DIN-02002468 Date : May 27, 2023
KRANTI INDUSTRIES LIMITED
GAT NO. 267/B/1, PIRANGUT, TAL -MULSHI, PUNE - 412115 CIN : L29299PN1995PLC095016

STATEMENT OF AUDITED FINANCIALS RESULTS FOR THE QUARTER AND YEAR ENDED 31ST MARCH 2023 - CONSOLIDATED
Rs In Lakh
CONSOLIDATED

Sl PARTICULARS Quarter Ended Year Ended

No.
31-03-2023 31-12-2022 31-03-2022 31-03-2023 31-03-2022
Audited Unaudited Audited Audited Audited
1 Income
Revenue from operations 2,233.97 2,160.92 2,286.82 9,323.73 9,371.51
Other income 412.54 -6.81 4.54 410.09 16.96
2 Total Income 2,646.51 2,154.11 2,291.36 9,733.82 9,388.47
3 Expenses
(a) Cost of Material Consumed 1,499.08 1,425.37 1,530.79 6,150.90 6,088.07
(b) Purchase of Stock-in- Trade - - - -
(c)Changes in inventories of finished goods, work-in-
57.88 -31.90 65.25 -32.33 23.68
progress and stock-in- trade
(d) Employee benefit expenses 283.99 290.58 273.10 1,100.08 1,112.22
(e) Finance Cost 51.80 62.79 68.65 249.70 224.84
(f) Depreciation and amortization expenses 109.48 102.01 111.62 414.24 417.63
(g) Other Expenses 287.20 263.54 218.50 1,164.28 1,237.37
Total Expenses 2,289.43 2,112.39 2,267.91 9,046.86 9,103.81
Profit for the period before share in profit of associate
4 357.08 41.72 23.45 686.95 284.66
company
5 Share of profit of equity-accounted investees, net of tax 3.84 - 3.84
6 Profit / (loss) before tax for the period (4-5) 357.08 41.72 27.29 686.95 288.50
7 Tax expenses
(1) Current tax 20.35 9.39 49.53 108.57 49.53
(2) Deferred tax 39.97 -6.86 4.85 43.01 65.84
(2) MAT Credit Entitlement 13.39 - (49.53) 13.39 (49.53)
8 Profit/(loss) after tax for the period 283.36 39.19 22.44 521.98 222.66
Other comprehensive income
9 Items that will not be reclassified to profit or loss:
Re-measurement of defined benefit plans -5.65 - 4.05 3.43 4.05
Income tax relating to items that will not be reclassified to
1.41 - -1.05 (0.95) (1.05)
profit or loss
10 Other comprehensive income / (loss) for the period -4.24 - 3.00 2.48 3.00
11 Total comprehensive income / (loss) for the period 279.12 39.19 25.44 524.45 225.66
12 Profit attributable to:
Owners of the Company- PL 283.36 39.19 22.21 521.98 222.47
Non-controlling interests-PL - - 0.23 - 0.19
13 Profit / (Loss) for the period 283.36 39.19 22.44 521.98 222.66
14 Other Comprehensive Income attributable to:
Owners of the Company - OCI -4.24 - 3.00 2.48 3.00
Non-controlling interests -OCI - - -
Other comprehensive income for the period -4.24 - 3.00 2.48 3.00
15 Total comprehensive income attributable to:
Owners of the Company- TCI 279.12 39.19 25.21 524.45 225.47
Non-controlling interests -TCI - - 0.23 - 0.19
16 Total comprehensive income for the period 279.12 39.19 25.44 524.45 225.66
17 Paid up Equity Share Capital-Face Value Rs 10/- each 1,056.24 1,056.24 1,056.24 1,056.24 1,056.24
Reserve excluding, Revaluation Reserves as per balance
1,161.82 1,128.01
sheet of previous accounting year.
18 Earnings per Share (EPS) , in Rs (not annualised)
(a) Basic and Diluted EPS 2.68 0.37 0.21 4.94 2.11

For and on behalf of Board of Directors

KRANTI INDUSTRIES LIMITED
Vora Sachin Digitally signed by Vora Sachin
Subhash
Subhash Date: 2023.05.27 12:59:35 +05'30'

Sachin Vora
Managing Director Place : Pune
DIN-02002468 Date : May 27, 2023
KRANTI INDUSTRIES LIMITED
GAT NO. 267/B/1, PIRANGUT, TAL -MULSHI, PUNE - 412115 CIN : L29299PN1995PLC095016

STATEMENT OF AUDITED FINANCIALS RESULTS FOR THE QUARTER AND YEAR ENDED ON 31ST MARCH 2023 - CONSOLIDATED
Rs In Lakhs
For the half year ended For the year ended
Particulars
31 March 2023 31 March 2022
A. Cash flow from operating activities
Net Profit before extraordinary items and tax 686.95 284.66
Adjustments for:
Interest received - (2.49) (15.40)
Dividend received - (0.33) -
Interest paid - 249.70 218.88
Depreciation and amortisation 414.24 417.63
Profit on sale of Assets (405.72) -
Commision income on corporate guarantee (1.55) (0.18)
Fair valuation gain/loss on instruments measured at FVTPL - (1.11)
253.84 619.81
Operating profit before working capital changes 940.79 904.47
Changes in working capital:

(Increase) in other non-current liabilities 0.21 -

(Increase) / Decrease in other non-current financial assets (20.70) -
Decrease in other non-current assets 5.82 (61.62)
Decrease / (Increase) in inventories (86.34) (39.36)
(Increase) in trade receivables (195.75) 272.26
(Increase)/ Decrease in Bank Balances - -
(Increase) in current financial loans - -
Decrease / (Increase) in other current financial assets 1.54 0.01
Decrease in other current assets (84.15) 25.00
(Increase) / Decrease in non current borrowings - -
Increase in non-current provisions - -
(Increase) / Decrease in current borrowings - -
(Decrease) /Increase in other non-current liabilities - 0.02
Increase / (Decrease) in trade payables 165.77 (208.62)
Increase in other current financial liabilities (21.75) 66.33
(Decrease) /Increase in other current liabilities (50.24) (14.84)
Increase in current provisions 1.81 16.39
(283.78) 55.58
Cash generated from operations 657.01 960.05
Net income tax (paid) (95.94) - (44.13)
Net cash flow generated from operating activities 561.07 915.92
B. Cash flow from investing activities
Purchase of property, plant and equipment, intangible assets and capital
(1,158.85) (572.76)
work-in-progress
Sale proceeds of property, plant and equipment 614.66 -
Bank deposits placed / matured during the year - -
Investment in subsidiary - -
Purchase of non-current investments - (11.35)
Purchase/Sale of non-current investments 0.06 -
Dividend received 0.33 -
Interest received 2.49 15.40
Net cash flow (used in) investing activities (541.30) (568.70)
C. Cash flow from financing activities
Long-term borrowings (repaid) during the year 598.87 (443.97)
(Repayment) / Proceeds of short-term borrowings (net) (21.53) 227.26
Interest paid (215.05) (197.59)
Leases net of ROU Assets - -
- Principal (77.79) (61.64)
- Interest (34.65) (21.28)
Expenses for issue of equity shares - (7.65)
Tax on dividend paid during the year
Net cash flow (used in) financing activities 249.86 (504.86)
Net (decrease) in Cash and cash equivalents (A+B+C) 269.63 (157.65)
Effect of exchange differences on restatement of foreign currency Cash
- -
and cash equivalents
Cash and cash equivalents at the beginning of the year 1.14 158.79
Cash and cash equivalents at the end of the year 270.76 1.15
KRANTI INDUSTRIES LIMITED
GAT NO. 267/B/1, PIRANGUT, TAL -MULSHI, PUNE - 412115 CIN : L29299PN1995PLC095016

STATEMENT OF AUDITED FINANCIALS RESULTS FOR THE QUARTER AND YEAR ENDED ON 31ST MARCH 2023 - CONSOLIDATED
Rs In Lakhs

Notes to cash flow statement

(i) The above Cash Flow Statement has been prepared under the Indirect method set out in Indian Accounting Standard (Ind AS)
7 on Statement of Cash Flows.
(ii) Prior year comparatives have been reclassified to conform with current year’s presentation, where applicable.
(iii) For the purpose of cash flow, Cash and cash equivalents comprise :

Particulars For the year ended For the year ended

31/03/ 2023 31/03/ 2022
Cash on hand 0.46 0.93
Balances with bank - -
- Current accounts 270.30 0.20
270.76 1.14
For and on behalf of Board of Directors
KRANTI INDUSTRIES LIMITED

Vora Sachin Digitally signed by

Vora Sachin Subhash
Subhash Date: 2023.05.27
12:59:56 +05'30'
Sachin Vora Place : Pune
Managing Director Date : May 27, 2023
DIN-02002468
 KRANTI INDUSTRIES LIMITED
GAT NO. 267/B/1, PIRANGUT, TAL -MULSHI, PUNE - 412115 CIN : L29299PN1995PLC095016

Notes to Standalone and Consolidated Financial Statements

1 The above financial results of the company for the quarter ended 31st March 2023 , were reviewed and recommended by the
Audit Committee of the company and, the same were approved by the Board of Director of the company at their respective
meeting/s held on Saturday, the 27th May 2023. The Statutory Auditor of the company M/s ADV and Associates have
expressed an unmodified audit opinion.

2 The Company has adopted Indian Accounting Standards (‘Ind AS") from 1st April 2021 (with transition date being 1st April 2020)
and accordingly, these financial results have been prepared in accordance with the recognition and measurement principles of
applicable Indian Accounting Standards (‘Ind AS’) notified under the Companies (Indian Accounting Standards) Rules, 2015, as
amended, as specified in section 133 of the Companies Act, 2013.

3 The format for unaudited quarterly results as prescribed by the SEBI circular CIR/CFD/CMD/15/2015 dated 30 November 2015
has been modified to comply with the requirements of SEBI circular CIR/CFD/FAC/62/2016 dated 5 July 2016 and Schedule III
(Division II) of the Companies Act, 2013.

5 The Company does not have more than one reportable segment in terms of IND AS 108 hence segment wise reporting is not
applicable.

6 Earning Per share (EPS) for earlier quarter has been calculated as if bonus shares has been issued from the beginning of the
earliest reporting period

7 The above Financial Results of 4th Quarter and Year ended on 31st March 2023 are available on the websites of Company:
www.krantiindustries.com

For and on behalf of Board of Directors

KRANTI INDUSTRIES LIMITED
Digitally signed by
Vora Sachin Vora Sachin
Subhash
Subhash Date: 2023.05.27
13:00:15 +05'30'

Sachin Vora
Managing Director
DIN-02002468
Place : Pune
Date : May 27, 2023