Consolidated Results for the Fourth Quarter and Full Year ended 31st March 2021

·      Robust EBITDA margin¹ of 38%

·      Att. PAT (before exceptional items) at

₹ 7,013 crore

·      Robust EBITDA margin¹ of 36%

·      Att. PAT (before exceptional items) at

₹ 12,151 crore

§  ND/EBITDA at 0.9x, maintained at low level

§  Net Debt at ₹ 24,414 crore, reduction of 32% compared to 31^st December 2020

§  Strong liquidity position with total cash & cash equivalent at ₹ 32,614 crore

§  Contribution to the ex-chequer of ₹ 35,018 crore

·         Zinc India

o   Record ore production of 15.5 million tonnes despite disruptions on account of the pandemic

o   Highest ever mined metal production of 972kt, up 6% Y-o-Y

o   Record Silver production of 706 tonnes

·         Zinc International:

o   Gamsberg record production volume at 145 kt in FY2021, up by 34% Y-o-Y

o   Gamsberg cost of production at $1,288/t, down 11% Y-o-Y

·         Oil & Gas:

o   Average gross operated production of 162 kboepd for FY2021, down 6% Y-o-Y

o   74 wells hooked up during FY2021

o   New gas processing terminal commissioned; ramp up underway expected to add ~ 15 kboepd by Q1 FY2022

• Aluminium & Power:

o   Highest ever Aluminium production of 1,969kt, with 2.1 Mtpa run rate achieved in Q4

o   Highest ever Alumina production at 1,841 kt, up 2% Y-o-Y

o   Lowest cost of production in last 7 years at US$ 1,347 per tonne, 20% lower Y-o-Y

·         Iron Ore:

o   Production of saleable ore at Karnataka at 5 million tons, up 15% Y-o-Y

o   Iron ore sales in Goa at 2.1 million tonnes in FY2021

o   Continued engagement with the Stakeholders for resumption of Goa mining

·         Steel:

o   Steel production at 1.19 million tonnes, down 4% due to covid lockdown

o   EBITDA Margin at $95/t, up by ~23%

·         Copper India:

o   Due legal process is being followed to achieve a sustainable restart of the operations