Kalptaru Papers Ltd. announced unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, net sales/income from operations were INR 219.119 million against INR 177.429 million a year ago. Profit from operations before other income, finance costs and exceptional items were INR 8.440 million against INR 2.693 million a year ago. Loss from ordinary activities before tax was INR 4.084 million against INR 6.395 million a year ago. Net loss for the period was INR 0.865 million or INR 0.19 basic and diluted per share against INR 7.052 million or INR 1.58 basic and diluted per share a year ago. For the nine months net sales/income from operations was INR 541.133 million against INR 426.805 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 17.389 million against INR 23.024 million a year ago. Loss from ordinary activities before tax was INR 13.073 million against INR 4.400 million a year ago. Net loss for the period was INR 9.141 million or INR 2.05 basic and diluted per share against INR 5.688 million or INR 1.27 basic and diluted per share a year ago.

Kalptaru Papers Ltd, Board Meeting, Feb 13, 2013. Agenda: To consider quarterly results.

Kalptaru Papers Ltd. announced unaudited earnings results for the second quarter and year to date ended September 30, 2012. For the quarter, the company’s net sales were INR 199.709 million compared to INR 118.647 million for the same period in 2011. Profit from operations before other income, finance cost and exceptional items was INR 5.182 million compared to INR 9.714 million for the same period in 2011. Loss from ordinary activities before tax was INR 3.774 million compared to profit from ordinary activities before tax of INR 0.342 million a year ago. Net loss for the period was INR 4.704 million or INR 1.05 per basic and diluted share before and after extraordinary items compared to net profit INR 0.182 million or INR 0.04 per basic and diluted share before and after extraordinary items for the same period in 2011. For year to date period, the company’s net sales were INR 322.014 million compared to INR 249.377 million for the same period in 2011. Profit from operations before other income, finance cost and exceptional items was INR 8.862 million compared to INR 20.332 million for the same period in 2011. Loss from ordinary activities before tax was INR 8.989 million compared to profit from ordinary activities before tax of INR 1.995 million a year ago. Net loss for the period was INR 8.276 million or INR 1.85 per basic and diluted share before and after extraordinary items compared to net profit INR 1.364 million or INR 0.31 per basic and diluted share before and after extraordinary items for the same period in 2011.