Exide Pakistan Limited’s financial results for the half year ended 30th September, 2012

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Karachi, November 29, 2012 (PPI-OT): We have to inform you that the Board of Directors of our company in their meeting held 28^th November, 2012 at 15:00 pm at the Registered Office of the Company at A/44, Hill Street, Off; Manghopir Road, S.I.T.E. Karachi, recommended the following:

i) Cash Dividend

Nil

ii) Bonus Shares

Nil

iii) Right Shares

Nil

	Rs’ 000		Rs’ 000
	2nd Quarter	2nd Quarter	Half Year	Half Year
	Jul-Sept	Jul-Sept	Apr-Sept	Apr-Sept
	2012	2011	2012	2011
Sales	2,469,070	2,415,257	5,661,752	5,256,956
Cost of Sales	2,087,781	2,084,897	4,777,649	1,597,630
Gross profit	381,289	330,360	884,103	659,326
Operating Expenses	186,429	146,192	357,584	269,077
Operating Profit	194,860	184,168	526,519	390,249
Finance Cost	3,581	30,084	22,149	61,032
Other Chares	24,210	29,937	60,601	48,676
Other Income	1,703	2,150	6,932	2,287
Profit before tax	168,772	126,297	450,701	282,848
Taxation	85,609	56,749	182,840	110,457
Profit after tax	83,163	69,548	267,861	172,391
Un-appropriated Profit brought
forward	220,351	138,735	366,027	316,916
Transferred to revenue reserve for
the year ended Mar 31, 2012/11	–	–	(288,000)	(233,000)
Final Dividend for the year ended
March 31, 2012 (60%) 2011(60%)	–	–	(42,374)	(33,899)
Transferred to reserve for issuance of
bonus shares for the year ended
March 31, 2012/2011	–	–	–	(14,125)
Transfer from surplus on revaluation
of fixed assets	2,313	2,373	2,313	2,373
Un-appropriated Profit carried forward	305,827	210,656	305,827	210,656
	Rupees
Earnings per share	11.78	9.85	37.93	24.41

For more information, contact:
S. Haider Mehdi
Company Secretary
EXIDE Pakistan Limited
A-44, A-45, Hill Street,
Off: Manghopir Road, S.I.T.E.,
Karachi-75700 (Pakistan).
Tel: 32593371-85, 32593181-85, 32578061-64
Fax: 32561679, 32573575
E-mail: exidepk@exide.com.pk