Black Rose Industries Ltd. informed that at the meeting of the Board of Directors of the Company held on February 02, 2013, Mr. Sujay R. Sheth has been appointed as an Independent and Non - Executive Director of the Company under the provisions of Section 260 of the Companies Act, 1956.

Black Rose Industries Ltd. reported unaudited stand-alone earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sales/income from operations was INR 165.317 million against INR 123.712 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1.991 million against loss from operations before other income, finance costs and exceptional items of INR 10.17 million a year ago. Profit from ordinary activities before tax was INR 0.217 million compared loss from ordinary activities before tax to INR 7.783 million for the same period a year ago. Net profit was INR 0.147 million against net loss of INR 5.644 million or INR 0.15 diluted loss per share a year ago. For nine months, the company reported net sales/income from operations was INR 631.57 million against INR 591.062 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 29.132 million against INR 12.119 million a year ago. Profit from ordinary activities before tax was INR 22.098 million compared to INR 8.444 million for the same period a year ago. Net profit was INR 13.159 million or INR 0.34 diluted earnings per share against net profit of INR 5.111 million or INR 0.13 diluted earnings per share a year ago.

Black Rose Industries Ltd, Board Meeting, Feb 02, 2013. Agenda: To consider and approve unaudited stand-alone earnings results for the third quarter and nine months ended December 31, 2012.