Engro Corporation Limited’s financial results for the three months period ended March 31, 2013 – consolidated and stand alone

                                                       (Amounts in thousand except for earnings/(loss) per share)

                                                                        Jan-Mar      Jan-Mar
                                                                          2013         2012

Net sales                                                              31,301,165    22,942,944
Cost of sales                                                         (22,096,430)  (17,942,454)
Gross profit                                                            9,204,735     5,000,490
Selling and distribution expenses                                      (2,376,983)   (1,721,656)
Administrative expenses                                                  (773,944)     (743,825)
                                                                        6,053,808     2,535,009
Other income                                                              275,285       567,497
Financial and other charges including WPP and WW funds                 (3,749,423)   (3,861,309)
Share of income from joint venture                                        135,456       169,983
Profit / (loss) before taxation                                         2,715,126      (588,820)
Provision for taxation - Current and Deferred                            (700,831)      206,180
Profit/ (loss) after taxation                                           2,014,295      (382,640)
Profit attributable to minority Interest                                 (228,483)     (266,817)
Profit/ (loss) attributable to equity holders of holding Company        1,785,812      (649,457)
Earnings / (loss) per share - basic and diluted                              3.49         (1.27)

The unaudited stand-alone financial results of the Company for the period ended March 31, 2013 are as follows:

                                                        (Amounts in thousand except for earnings per share)

                                                                        Jan-Mar      Jan-Mar
                                                                          2013         2012

Dividend and royalty income                                               841,861     762,325
Administrative expenses                                                   (35,108)    (86,075)
Other operating income                                                    235,342     193,963
Financial and other operating charges including WW funds                 (262,467)   (267,746)
Profit before taxation                                                    779,628     602,467
Provision for taxation                                                    (47,374)    (52,533)
Profit after taxation                                                     732,254     549,934
Earnings per share - basic and diluted                                       1.43        1.08
Unappropriated profit brought forward                                   6,542,817   7,261,800
Final Dividend 2011 @ Rs.2 per share paid during the first quarter
of 20 12                                                                        -    (786,569)
Issue of 3 bonus share for every 10 shares held issued during the
first quarter of 2012                                                           -  (1,179,851)
Profit available for appropriation                                       7,275,071  5,845,314