Outcome of Board Meeting

FY2026 results (audited): Standalone: Revenue 147.3bn +20% y-y (122.8bn) EBITDA 55.6bn +43% y-y (38.0bn) EBITDA margin 37.7% (31.0%) +670 bps y-y PAT 26.7bn +40% y-y (19.3bn) Q1FY27 results (unaudited): Standalone: Revenue 37.1bn +6% y-y (34.8bn) EBITDA 11.2bn +75% y-y (6.4bn) EBITDA margin 30.1% (18.3%) +1180 bps y-y PAT 8.8bn +70% y-y (5.2bn) Dividend: None stated Commentary: The company incorporated a Joint Venture with Madhya Pradesh State Mining Corporation Limited on 4 June 2026, not consolidated in these results. A penalty related to environmental clearance violations was partially provided for, with the balance disclosed as contingent liability. Major repairs at Electrolytic Manganese Dioxide and Ferro Manganese plants occurred during the quarter.