Exide Pakistan Limited’s financial results for the 3rd quarter ended 31st December 2011

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Karachi: We have to inform you that the Board of Directors of Our Company in their meeting held on 30th January 2012 at 15:00 p.m. at the Registered Office of the Company at A/44, Street, Off: Mangopir Road, S.I.T.E., Karachi recommended the following.

Cash Dividend

Nil

Bonus Shares

Nil

Right Shares

Nil

 

Rs 000		Rs 000			Rs 000
Total	2011		2010
	Battery Division	Chemical Division	Battery Division	Chemical Division
	From Apr 11	From Oct 11	From Apr 11	From Oct 11	From Apr 10	From Oct 10	From Apr 10	From Oct 10	2011	2010
	to Dec 11	to Dec 11	to Dec 11	to Dec 11	to Dec 10	to Dec 10	to Dec 10	to Dec 10
Sales	6,929,079	2,871,141	282,719	83,701	5,316,886	1,754,241	292,085	109,215	7,211,798	5,608,971
Cost of Sales	6,071,004	1,635,891	232,256	69,999	4,652,118	1,544,694	238,438	95,279	6,303,320	4,880,556
Gross Profit	858,015	235,450	50,463	13,702	654,768	209,547	53,647	13,938	908,478	718,415
Operating Expenses	400,588	155,984	6,855	2,882	344,365	117,028	7,257	3,055	407,443	351,622
Operating Profit	457,427	99,466	43,608	11,320	320,403	92,519	46,390	10,881	501,035	366,793
Finance Cost									108,475	95,965
Other Chagres									60,245	23,334
Other income									11,275	3,129
Profit Before tax									343,590	250,623
Taxation
– Current									116,945	85,118
– Deferred									12,657	(7,480)
Profit after tax									213,988	172,985
Un-appropriated Profit Brought forward									316,916	248,927
Transfer red to revenue Reserve for the year ended Mar 31, 2011/ 2010									(233,000)	(180,000)
Transfer to reserve for bonus Shares for the year ended March 31, 2011									(14,125)	–
Transfer from Surplus on revaluation of fixed assets									2,373	2,933
Un appropriated Profit Carried forward									252,253	210,946
Rupees
Earnings per share (Restated)									30.30	24.49

 

For more information, Contact
EXIDE Pakistan Limited
A-44, A-45, Hill Street,
Off: Manghopir Road, S.I.T.E.,
Karachi-75700 (Pakistan).
Tel: 32593371-85
Fax: 32561679