Well Pack Papers & Containers Ltd., Board Meeting, May 05, 2012. Agenda: To consider earnings results for the quarter ended March 31, 2012.

Well Pack Papers & Containers Ltd. announced unaudited earnings results for the quarter and year ended March 31, 2012. For the quarter, the company reported net loss and loss from ordinary activities before tax of INR 16.648 million or INR 0.20 basic and diluted loss per share on total income of INR 26.347 million compared to net loss and loss from ordinary activities before tax of INR 8.785 million or INR 0.11 basic and diluted loss per share on total income of INR 101.606 million for the corresponding period last year. Loss from operations before other income, interest & exceptional items was INR 8.953 million against INR 4.974 million for the same period last year. For the year, the company reported net loss and loss from ordinary activities before tax of INR 159.057 million or INR 1.95 basic and diluted loss per share on total income of INR 99.755 million compared to net profit and profit from ordinary activities before tax of INR 0.163 million or INR 0.002 basic and diluted earnings per share on total income of INR 345.531 million for the last year. Loss from operations before other income, interest & exceptional items was INR 125.539 million against profit from operations before other income, interest & exceptional items of INR 16.779 million for the same period last year.

Well Pack Papers & Containers Ltd. announced unaudited earnings results for the second quarter and six months ended September 30, 2012. For the quarter, the company’s net sales/income form operations were INR 31.903 million compared to INR 13.568 million for the same period a year ago. Loss from ordinary activities before tax was INR 40.359 million against INR 26.508 million a year ago. Net loss was INR 40.359 million against INR 63.379 million a year ago. Basic and diluted loss per share before and after extra ordinary items for the period was INR 0.49 against INR 0.32 a year ago. Loss from operations before other income, interest and exceptional items was INR 37.803 million against INR 16.712 million a year ago. For the six months, the company’s net sales/income form operations were INR 53.524 million compared to INR 27.102 million for the same period a year ago. Loss from ordinary activities before tax was INR 83.379 million compared to INR 93.920 million for the same period a year ago. Net loss was INR 63.379 million against INR 93.920 million a year ago. Basic and diluted loss per share before and after extra ordinary items for the period was INR 0.78 against INR 1.15 a year ago. Loss from operations before other income, interest and exceptional items was INR 52.985 million against INR 30.187 million a year ago.