=============================================================
NISHAT MILLS LIMITED
=============================================================
Rs (mn)                       FY11      YoY   4QFY11      QoQ
                                     change            change
=============================================================
Sales                       48,565      54%   13,702     1.4%
Cost of sales               40,718      59%   11,594     4.8%
Gross profit                 7,846      31%    2,107     -14%
Gross margin                  16.2%    down     15.4%    down
                                    280 bps           280 bps
Total operating expenses     3,277      29%    1,008      20%
Other operating income       2,444     149%      760      59%
Profit from operations       7,012      59%    1,860     -11%
Finance cost                 1,601      42%      393     -22%
Profit after tax             4,843      66%    1,361      -4%
=============================================================

Source: Company notice