Shahmurad Sugar Mills Ltd. announced earnings results for the first quarter ended December 31, 2012. For the quarter, the company reported sales of PKR 1,682,695,000 compared with PKR 1,533,837,000 for the same period last year. Operating profit was PKR 42,054,000 compared with operating loss of PKR 48,308,000 for the same period last year.

Loss before taxation was PKR 18,189,000 compared with PKR 120,713,000 for the same period last year. Profit for the period after taxation was PKR 11,110,000 or PKR 0.53 diluted per share compared with loss for the period after taxation of PKR 89,818,000 or PKR 4.25 diluted per share for the same period last year.