Financial results for the quarter ended 31-03-2025

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SMS/SHRS/12

The General Manager,

Pakistan Stock Exchange Limited, Stock Exchange Building, KARACHI,

RE: FINANCIAL RESULTS FOR THE PERIOD ENDED MARCH 31 2025

Dear Sir:

May 26, 202S

We have to inform you that Board of Directors of our Company in their meeHng held at 11.00 a.m. on May 26, 2025 recommended the following:

1. CASH DIVIDEND:

   An Interim Cash Dividend for the perlod ended March 31, 2025 @ per share i.e. 70%.

   This is in addition to Interim Dividends has already been paid at RsW per share i.e. 0%,

2. BONUS ISSUE'

It has been recommended by the Board of Directors to issue Bonus Shares in the proportion of 0.share(s) for every 0 shares held i.e. 0 %. This Is in addition to the Interim Bonus Shares already issued @ 0%.

(iiij RTGHT SHARES:

The Board has also recommended to issue 0 % Right Shares at par/at a discount/ premium of Rs.0 per share in proportion of 0 share(s) for every 0 shares. The entiHement of Right Shares being declared simultaneously will be/will not be applicable on Bonus Shares as declared above.

(iv) ANY OTHER ENTITLEMENT/CORPORATE ACTION N 1 L

(v ) ANY OTHER PRICE SENSITIVE INFORMATION N I L

The financial results of the Company for the period ended March 31, 2025 along with Statement of Financial Position, Statement of Changes in Equity and Statement of Cash Flow are annexed herewith.

The Shares Transfer Book of the Company will be closed from 11-06-202 S to 13-06- 2025 (both days inclusive). Transfers received in order at the Registrar's Office of the company i.e. M/s. C&K Management Associates (Private) Llmited, M-13, Progressive Plaza Civil Line Quarter, Near P.I.D.C. Beaumont Road, Karachi-7 5530.by the close of business on 10-06 2025 will be treated in time for the purpose of transfer/ entitlement

The Quarterly Report of the Company for the period ended March 31, 2025 will be transmitted through PUCARS separately, within the specified time.

ou

Y 'sH

a l

HMu' y ucAR BILLS LIMITED

M. YASIN'MUGTIAL COMPANY SECRETARY

c.c. to

The Securities & Exchange Commission of Pakistan,

Enforcement Department, NIC Building, 63, Jinnah Avenue, Blue Area, ISLAMABAD

c.c. to: ALL THE DIRECTORS

Enc1: As stated

SHAHMURAD SUGAR MILLS LIMITED

CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS (UN-AUDITED) FOR THE HALF YEAR ENDED MARCH 31, 2025

Restated RHt8ted

Note

- •••---• Rupees in thousand --•---•-•-•---•-

Profit /(loss} for the period

Earning / (loss) per share-B asic and diluted - Rupees

(360,529)

358,Z58

G6.96

(66,601)

20.t3

1379,024)

10.21

21,950

(S42,469)

The annexed notes from I to 16 form an integral part of these condensed interim financial statements.

EA ZAKARIA

Mwaging Directorñ CEO

A SAD AHMED MOHIUDDI '

Director

ZAID ZAICARIA

Chief Fmanoat Officer

CONDf-iNSfiD INTERIM STATEMENT OF FINANCIAL POSITION AS AT MARCH 31, 2025

AS3ETS

NONCURARNTASSRTS

Note

Un-Audited Audited

March September

2025 202

(Itupeet ln thousandl

Property, plant and equipment Intangible asset

Long term investment in associate Long term loans to employees Long term deposits

CURRENTASSCTS

Stores, spare parts and loose tools Stock-in-trade

Trade debts

Loans and advances

Ttade deposits and short term preyayments Other receivables

Short term investment ' Cash and bard't balances

SHAR£ CAPITAL AND nESERVES

1,277

5,6S8

16,896,895

27,435,760

10,770,73y

1,208

3,149

10,776,522

11,058,974

M0Z5496

Share of associate's unrealized loss on re-measurement of

its investment at fair value through omer comprehensive income Revaluation surplus on property, pIant and equipment

NON CURRENT LIABILITIES

Long term financing Deferred taxation

CURREW £IABIL1TT8S

Trade and other payables Accrued finance cost Storr term borrowings Unclaimed dividend

*

Current portion of long term financing Inec'me far provision -net of payro ents

The annexed notes trim t to 16 form an integral patt of- these condensed interim financial st

'"=

i £A?A(Ml.3 -

($,991) 3,943,821

S2,O78,7S5

12,S53,122

27,435,760

(t,99l)

4038,379

11,720,497

2,976,895

7,138,t04

2T,835,496

ZIA ZAKARIA

Managing Director éc CEO

ASAD AHM

Di' "o"'" '"

' ' ' ZAID

0 eel

SHAHMURAD SUGAR MILLS LIMITED

CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY (UN-AUDITED}

FOR THE HAS YEAR Et TDED MARCH 31, 2025

....................................... hupeminthouswd.............................................

Balances as at October 0t, 20+ tAudifed)

Durine the half veu ended March.31. 70?4

Transactions widn owners

Final dividend for mSeptember-2023 e Rs. 20.00 Per Share

Total CompWensive income for the half year ended March 31, 202fi

SroñlorCepeñod

OAeisompeheaHvemxme

Transfer £rmn surplus on valuation of property, pfartt arid equipment on account of incremental deprectaéon -set of defet•red lax

8alance*zea Or$ober0l,£024{Aoée‹5

D u•ine tfie Mf eeaz onded Mazcfi 31 2OZ5

Balances at MamH 81, 2025

The red T›otes £rom 1 to 16 form ari integral part of theae condensed interim fwiancial statements.

(2 268)

7,7t0

5,82t,798

t3,82t,222

425,077

2l3,t87

80,000

,268}

ao,ooo

356, g8

(1,991)

(422,373)

42S,07Z

1@657

(144,657)

J3,818,518

(422/73)

425,077

tt,720,497

3,943,Ott

Oiie£ Financial O£ficer

CONDENSED INTERIM STATEMENT OF CA8H FLOWS IUN-AUDITED)

£OR THE HALF Y£AR ENDED MARCH 31, 2025

March March

20Z5 2024

tRupeee in thousand)

1. CASH PIOW8 FROM OPERATING AMIVIT£ES

   Protit before income tax and leviee Adjustment for:

   Depreciation on property, plant and equipment Main on disposal of property, plant and equipment Finance cost

   Decrease /Iinereasel in current aeeets Stores, spare parts and loose tools Stock in trade

   Trade debts

   Loans and advances

   Trade depos*Is and short term pzepaymerits Other zeceiyab!eg

   tDecreaeel / intreaee in current liabilities

   Ttade and other payables

   Decrease/ (increase) in long term loan to employees (Increase) in long term deposits

   levies and income tax paid -

   Finance cost paid

   Net cash (outf lowe) tram operating activities

2. CASH FLOWS FnOM INVESTING ACTIVITIES'

Additions in property, plant and equipment

Sale proceeds from disposal of property, plant and equipment

Net cash (outflowsl from investing activitiee

Itepayment of long term financing Loan repaid to related parties Short term borrowings - net Dividend paid

Net cash inflows from financing activities

Ne.I (decreased in cash and easti equivalent (A+B*Cl

Cash and cash equivalent at the begirmirig of the period

8J3,802 608,697

662J57 1,0D,663

I,49G,189 1,652,360

(8,655,2W (t2,872,04t) 719,630 (169,142)

(6,439,tS4) (1t,388,8Z3)

(211)

(509)

(256,053)

(367,162)

(172,95t)

(443,182)

(6Z34N) (616,344)

t7,063,065) (12,005,167)

t33,l961 (295,756}

4,3Z3,130 ?',625,t68 (2,?'73,131) (4,675,755)

3J67J37 5,069,470

Cash and cash equivalent at the end of the period

Cash and cash equivalent comprise:

• Cash and bank balances

• Short term investment

  T94,406

  79'i,oot

  
  
  

  zZ,76J

  393,715

  473,541

  24277

  
  
  

• Short term borrowings - running finance (T04,t03)

393715

The annexed notes from I to 16 form an integral part of these condensed interim financial st

ZIA zsmnIA

Managing Directorh CEO

ASAD AHMED MOHIUDDtN

Dkes}o,

zxin zero

Chief financial Officer