KIOCL Limited — Earnings Release 2021

Aug 11, 2020

No. S/BC/1 (18-5)/2020/424 August 11, 2020

National Stock Exchange of India Limited
Scrip Code: KIOCL
Through: NEAPS
BSE Limited
Scrip Code: 540680, Scrip Name: KIOCL
Through: BSE Listing Centre
Metropolitan StockExchangeof India Limited
Scrip Code: KIOCL
Through: mylisting

Dear Sir / Madam,

Sub: Regulation 30 of SEBI (LODR) Regulations, 2015 – Press Release-Revised

Please refer to our letter no. No. S/BC/1 (18-5)/2020/422 dated August 11, 2020 on the subject "Regulation 30 of SEBI (LODR) Regulations, 2015 – Press Release".

In this regard, we furnish herewith a copy of revised press release titled "KIOCL DECLARES 1ST QUARTER FINANCIAL RESULTS FOR THE FY 2020-21" dated 11.08.2020.

Kindly take the same on record.

Thanking You,

Yours faithfully, For KIOCL Limited,

(P.K. Mishra) Company Secretary & Compliance Officer

Encl: as above

ကုန်းမှာမည COLORESTER के आर्ड आ सी एल लिमिटेड KIOC (ಭಾರತ ಸರ್ಕಾರದ ಉದ್ಯಮ) (भारत सरकार का उद्यम) (A Government of India Enterprise) पंजीकृत कार्यालय: ನೊಂದಾಯಿತ ಕಾರ್ಯಾಲಯ: Registered Office: ೨ನೇ ವಿಭಾಗ, ಕೋರಮಂಗಲ ॥ ब्लाक, कोरमंगला. Il Block, Koramangala. ಬೆಂಗಳೂರು - ೫೬೦ ೦೩೪. Bangalore - 560 034. बेंगलूर - 560 034.

ದೂರವಾಣಿ: ೦೮೦-೨೫೫೩೧೪೬೧ ರಿಂದ ೭೦ ಫ್ಯಾಕ್ $:$ 000- 033320033-3580 ವೆಬ್ ಸೈಟ್: www.kiociltd.co.in

कार्यालय: 080-25531461-70 फेक्स : 080-25532153-5941 वेबसाइट : www.kioclitd.co.in

Telephone: 080-25531461-70 Fax $: 080 - 25532153 - 5941$ Website : www.kioclitd.co.in

Dated; 11.08.2020

ಐಎಸ್ಓ 9001, 14001 ಮತ ಓಹೆಚ್ಎಸ್ಎಎಸ್ 18001 ಸಂಸ್ಥೆ आई एस ओ 9001, 14001 तथा ओएचएसएएस 18001 कम्पनी ISO 9001, 14001 & OHSAS 18001 COMPANY

No. KIOCL/CCD/2429

PRESS RELEASE

KIOCL DECLARES 1st QUARTER FINANCIAL RESULTS FOR THE FY 2020-21

The Board of Directors, KIOCL Limited, have approved the Financial Results for the first quarter ended on 30th June 2020 in the meeting that was held on 10.08.2020 through Video Conference at Bengaluru.

The Company has reported Pellet Production of 5.11 Lakh Tons against the quarterly target of 4.90 Lakh Tons, an increase in production by 104.30%.

On the dispatch of pellets, the Company has achieved 5.68 Lakh Tons surpassing the quarterly targets of 4.5 Lakh. During the quarter 5.21 Lakh Tons were exported and 0.47 Lakh tons were sold in the domestic market. There is an increase in sales volume by 126 % against the quarterly target of 4.5 Lakh Tons.

While the Company reported Revenue from Operations of Rs 436.71 crores and reported a Profit Before Tax (PBT) of Rs.18.97 crores & Profit After Tax (PAT) of Rs. 12.02 crores for the 1st quarter of FY 2020-21.

Shri MV Subba Rao, CMD, KIOCL stated that in-spite of prolonged lockdown that was imposed in the country during the quarter Apr - June 2020 due to COVID-19 pandemic, Company could overcome the hindrances by reorganizing the requirements to cope-up with the situation and effectively encountered the temporary setback and thereby sustainable growth of the Company remained consistent. The Pellet Plant Operations, Mineral Exploration Activities continued in its full form while maintaining strict preventive measures against COVID-19.

He also informed that statutory clearances for BFU Integration Projects has already been obtained and tendering process for various packages are in advance stages.

$eta$ (SHREEPRAKASH)

AGM(C&CC)

श्रीप्रकाश

SHREEPRAKASH सहायक भहा प्रबंधक (समन्वय एवं नैगम संपर्क) Assist General Manager (Cord. & CC) के आई औ सी एल लिमिटेड KIOCL LIMITED Il ब्लाक, कोरम ला, बेगलूरू-560 034. Il Block, Koramangala, Bengaluru-560 034.