GHCL Ltd. — Earnings Release 2023

Oct 31, 2022

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October 31, 2022 का�तर्क – शुक्लप� – सप्तमी , २०७९ �वक्रम सम्वत

National Stock Exchange of India BSE Limited Limite d Corporate Relationship Department, “Exchange Plaza” 1[st] Floor, New Trading Ring, Rotunda Building, P.J. Bandra – Kurla Complex, Towers, Bandra (E), Mumbai – 400 051 Dalal Street, Fort, Mumbai – 400 001 NSE Code: GHCL BSE Code: 500171

Dear Sir/Madam,

Press Release - GHCL Limited announces Q2FY23

Subject: Disclosure of Material Event I Information under Regulation 30 of SEBI (LODR) Regulations, 2015

We would like to inform that Board of Directors in their meeting held on October 31, 2022 had approved the un-audited financial results (Standalone & Consolidated) for the quarter ended September 30, 2022.

In this regard, please find enclosed herewith copy of the Press Release issued by the Company for your reference and record.

Please note that copy of this intimation is also available on the website of BSE Limited (www.bseindia.com/corporates), National Stock Exchange of India Limited (www.nseindia.com/corporates) and website of the Company (www.ghcl.co.in ).

You are requested to kindly take note of the same.

Thanking you

Yours truly

For GHCL Limited

Bhuwnesh Digitally signed by Bhuwneshwar war Prasad Prasad Mishra Date: 2022.10.31 Mishra 17:31:16 +05'30' Bhuwneshwar Mishra Sr. GM - Sustainability & Company Secretary (Membership No.: FCS 5330)

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Press Release

GHCL announces Q2/H1 FY23 Results

Net Profit grew by 212% YOY in Q2FY23

New Delhi, 31[st] October 2022: GHCL, India’s leading Chemical & Spinning Company, today announced its financial results for Q2/H1 FY23.

Commenting on the financial performance, Mr. R S Jalan, Managing Director, GHCL said, “ Our robust performance in Q2 FY23 is a testimony to our focus on operational excellence and sustainable business practices. These factors coupled with a positive demand and our ability to leverage our manufacturing expertise have been instrumental in ensuring strong topline and profitability trends. I believe that we are well poised to channelize our experience and expertise to demonstrate an industry leading performance in the years to come”.

Financial Performance (Standalone performance)

Q2 FY23 VS Q2 FY22

• Net Revenue grew by 73% during Q2FY23 to Rs.1389 crores as compared to Rs.805 crores in the corresponding quarter previous year

• EBIDTA grew by 159% to Rs.442 crores as compared to Rs. 171 crores in the Q2 FY22

• Net Profit grew by 212% to Rs.289 crores as compared to Rs. 93 crores in the Q2 FY22

Business Segments (Q2 FY23 VS Q2 FY22)

• Inorganics Chemical division’s revenue grew by 98% to Rs.1130 crores in Q2 FY23 as compared to Rs.572 crores in the Q2 FY22

• Textiles business revenue grew by 11% to Rs.260 crores in Q2FY23 as compared to Rs.233 crores in the Q2 FY22

Financial Performance (Half Yearly)

H1FY23 VS H1FY22 (Standalone Based)

• Net Revenue for H1FY23 grew by 84% to Rs. 2761 crores as compared to Rs. 1504 crores in the corresponding first half ended Sept 30, 2021

• EBIDTA grew by 164% to Rs. 871 crores as compared to Rs. 330 crores in the corresponding first half of FY22

• Net Profit (PAT) grew by 254% to Rs. 628 crores as compared to Rs. 177 crores in the corresponding first half of FY22

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ABOUT GHCL

GHCL Limited is a well-diversified group with ascertained footprints in chemicals and spinning businesses. In chemicals, the company mainly manufactures Soda Ash (Anhydrous Sodium Carbonate) that is a major raw material for detergents & glass industries and Sodium Bicarbonate (baking soda). In textiles, the Company’s spinning units at Madurai, Tamil Nadu produce multiple varieties of fiber (yarn), which is sold to domestic consumers as well as exported worldwide.

At GHCL Ltd, sustainability is a core element of business strategy as defined under the aegis of ‘GHCL Way’ with its four pillars i.e. Responsible Stewardship, Social Inclusiveness, Promoting Relationship and Adding Value. We are committed to working closely with our stakeholders at our various plant locations for promoting the agenda of sustainability underpinning on GHCL Ltd core values of Respect, Trust, Ownership and Integrated Teamwork.

http://ghcl.co.in/

For more information, please contact:

GHCL Fortuna PR Deepika Abrol Soumya Shree Ph: +91 9910882494 Ph: +91 9650970108 Email : Deepikaabrol@ghcl.co.in Email:soumya@fortunapr.com