Financial Results for the Quarter Ended 31st March 2025.

The General Manager,

THALINDUSTRIES

C 0 R P 0 R A T 1 0 N No. TICL/BoD/2Qtr/2025

May 22, 2025

Pakistan Stock Exchange Limited, Stock Exchange Building,

Stock Exchange Road, Karachi.

Dear Sir,

We have to inform you that the Board of Directors of our Company in their meeting held on Thursday the 22‘dMay 2025 at I 5.00 hours at the Lahore Office 2-D-1, Gulberg 111, Lahore recommended the following:

1. Financial Results for the 2•‘ Quarter/Half year ended 3l “March 2025

2. Statement of Financial Position for the 2°‘ Quarter/Half year ended 31" March 2025.

3. Statement of Changes in Equity for the 2°‘ Quarter/Half year ended 31“ March 2025.

4. Statement of Cash Flows for the 2°‘ Quarter/Half year ended 3I“March 2025.

As at Annex- A As at Annex- B As at Annex- C As at Annex- D

The Quarterly Report of the Company for the period ended will be transmitted through PUCARS separately,

within the specified time.

Yours faithfully,

For and on behalf of

q he That Industries Corpo on Limited,

(WA IF MAHMOOD)

Com ny Secretary

Encl: As above

CO}3 tO'

Executive Director

Offsite-II Depa ent, Supervision Division, Securities change Commission of Pakistan,

63-NIC ilding, Jinnah Avenue, Blue Area, Islamabad.

The THat Ind iistries CorporaHoo Limited

Mead Otfiee:

2 D l. Gii lberg I IJ, Lahore, Pakisl an Ph: *92 42 3577 1066-7 1

Fax: +92 42 3575 6687

Registered Once:

23 Pir Khurshid Colony, Multan, Pakistan Ph: *92 61 6524 621,

6524 675 Fax: +92 61 6524 676

Layyah Sugar Mills, Layyah, Pakistan Ph: *92 60 d4 I I 9g1-4 Fax: *92 60 6411 284

Plant ñ o 2:

Safina Sugar Mills, Lal ian, Disrt. Chiniot,

Pakistan Pb; *92 47 661 0 01 1-6

Fax: *92 47 661 0 012

Annenture- A

THE THAL INDUSTRIES CORPORATION LIMITED

CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME (UNAUDITED) FOR THE SIK MONTHS' PERIOD £NDED 31 MARCH 2025

For the six oiontlJ period ended For the three months' period endefi

Cost of saies

Gross profit

Operating expenses

Distribution and selling expenses Administration expenses

  (22.3S8,S64,6II ) t8.968,313,530)   (12.478,362,3d9) (5,158,424,768) 2,227,764,801 3,306,t80,837 1,t84,410,Z22 1,911,264,852

Levies

Profit before income tex Taxation- Income tnx lFroWt(orchep*nod

(3HJ78@84i}       (14.726,409)     (174,060J84) f3.786,415) 

(18,250,670) (379,061,828) -          (101,391,766) 60,477,227 1,324,421,023 53,176,369 617,823,991

OTHER COMPREHENSIVE INCOiYfE-N £T OF TAX

Items that may be reclassified to profit or loss Items that may not be reclassified to profit or loss:

Remeasuroment of staff gratuity (loss)/gain Related impact on deferred tax

Other comprehensive income for the period

Total comprehensive income for the period Earnings per shan - basic and diluted

60,477,227 1,324J2l,023 53,176,369 617.823.991

41.12

S nnextur- B

TIME TH.A L IN D t'STRI£.S CORPORAT FOR LIMMT ED

CON DENSE D INTr RIM S’I’A £E'1ENT Ot FINANCIAL POSITION (t*NA1*DIT ED) AS A’1’ 3 I M.A RC II 2025

Rupees

311 Septem bt r 2024

ltupees

PROPERTY AND ASSETS

3 T hTArch 2025 30 September 2024 Rupees Rupees

Share cap ital Revenue reserve

General reserve

(L nzudited)

(A udited)

NON-CURRENT ASSETS

I 50,232,320

I50,232,320

93,80O,OOO

9509 JJ,K35

93,800,000

9,486,824,488

Property, plant and equipment Intangible assets

Long term deposits

(£!naudited) (Audited)

7,624,933,043

t,000

6,464400

6, l45,980,383

1.000

6,464,500

Unappropriated profit

LOANSFAOMD1RECTORS

NON-CURRENT LIABILITIES

Long term borrowings - secured Lease liabilities - secured

Staff retirement benefits - Gratuity Deferred taxation

9.753,J75,955

93,723,522

319,682,861

58S,634,331

43.268, 112

300,549,318

567,383.661

9,753,775,955

999,040,714

9,730,856,808

478,600.000

10,209,456,808

91 I .20 I,09l

CURRENT ASSETS

7,63I,J98,543

6,152,445,883

CURRENTLlABILITIES

Trade and olher payables Accrued matkup/ profi t

Shon term borrowings - secured

Current portion ot non-current liabilities Uncasl ed dividend warrants

Provision for taxation

CONTIN G ENGI ES AND £?OF1gfiITMENTS

t9,574,502,448

4fi,t04,479

22,283,555

746,824,} }5

26,489,585, T06

27,242,40 1,775

3,399,067,278

946.175,828

I l,g54,94 l,709

2 l,549,58d

435,445,129

I6,700.433,04 g

27,82 T,090,947

Stores, spare pans and loose tools Stock-in-made

Trade debts

Loans and advances Short term invesnnents

Trade deposits, prcpayments nd other receivables Taxes recoverable/ adjusta e

Cash and bank balances

1.052 27,133 I ,042,446,392

20,98I,814,478 14,369,866, 124

2,I90,766,379 2.06l,r55,927

937,220,896 1,215,769,630

- 570.123.670

I98,117,14S 167,882,454

I,805,657,'726 1,198,342,934

2,445,199,480 1,042, I 37,933

29,61 t,003332 21,668,645,064

87,2d2,401,775 27,82 I,090,947

Anncxture- C

THE THAL MDUSTRIES CORPORATION UM ITfB CONDENSED INTERIM STATEMENT OF CltASGES IN EQUITY (DNA UDITED)

FOR TIfE SIA MONTHS' PERIOD ENDED 31 4ARCH 2025

Tofal

FOR THE SIX MONTHS' PERIOD ENDED 31 MARCH 2025

CASH FLOWS FROM OPERATING ACTIYITIES

Profit hefore levies and income tax Adjustments for non-cash and other items:

Depreciation

Provision For gratuity

Remeasuzeznent gain an investzaenis at fair value though pzofit of toss- net

Gain on dispoW oF pzopezty, plaztt end oquipmmt

Workers' Profit Participation Fund (WPPP) Workers' Welfare Fund (WWF)

Opera ting cash news before ch•ngea in working cepitel

390,106*883

1,459,361.224

1,849,468,107

1,718,209,260

1.507.625.359

3,225,834,619

Changes in working cagitâl

   (4,866,909,456)    (17,768,850,486) 

Ne‹ carb used io operations

Gratuity paid Finance cost paid WPPF paid

(3,017.441,349)

(29,491,833)

(1,d3l,374 4)

(84,628,569)

(14,543,015,867)

(19,614,015)

(291,158,252)

(173,845,728)

WYF paid

CASH FLOWS FROM INVESTING ACTIYITIES

                 (60,243,354)                

   (4,623,179,689)    (15,027.633,862) 

Fixed capital expenditure Long term advances

Short temi investment - net

Proceeds 6oa dispasal ofgropcrty, plant Bed cquipinmt

t+•+88,722,349)

570,123,670

88B

(449,786,41f) 1,527,800

(3,598,996,308)

2,605,390

Long tenn deposits

Not cgah used in inventing gctivitiee

CASB FLOWS FROM FINANCING ACTIVITIES

                       (3,000,000) 

   tl.138,597,791)    (4,0dT,649.333)