KIOCL Limited — Earnings Release 2022

Aug 6, 2021

No. S/BC/1(18-5)/2021/347

(भारत सरकार का उद्यम)

पंजीकत कार्यालय: ।। ब्लाक, कोरमंगला, बेंगलूर - 560 034. कार्यालय: 080-25531461 - 66 फेक्स : 080-25532153-5941 वेबसाईट : www.kioclitd.in

(A Government of India Enterprise)

Registered Office: Il Block, Koramangala, Bengaluru - 560 034.

Telephone: 080-25531461-66 Fax : 080-25532153-5941 Website : www.kioclitd.in CIN: L13100KA1976GOI002974

August 06, 2021

Scrip Code: KIOCLThrough: NEAPSBSE LimitedScrip Code: 540680, Scrip Name: KIOCLThrough: BSE Listing CentreMetropolitan Stock Exchange of India LimitedScrip Code: KIOCL	National Stock Exchange of India Limited
	Through: mylisting

Dear Sir / Madam,

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

A copy of Press Release titled "KIOCL ACHIEVES STELLAR PERFORMANCE IN Q1" dated 06.08.2021 is attached.

This is for information and record.

Thanking You,

Yours faithfully, For KIOCL Limited,

oh shit one (P.K. Mishra) Company Secretary & Compliance Officer

Encl: as above

ಕೆಐಓಿಪಿಲ್ ಅಮಿಟೆಡ್ के आई ओ सी एल लिमिटेड

(ಭಾರತ ಸರ್ಕಾರದ ಉದ್ನಮ)

ನೊಂದಾಯಿತ ಕಾರ್ಯಾಲಯ : ೨ನೇ ವಿಭಾಗ, ಕೋರಮಂಗಲ

ans एस ओ 9001, 14001 तथा ದೂರವಾಣಿ: OUO-೨೫೫೩೧೪೬೧ ರಿಂದ ೬೬ $:$ 000-DIIII. 0032-31680

No. KIOCL/CCD/2630

(भारत सरकार का उद्यम)

पंजीकृत कार्यालय ः ।। ब्लाक, कोरमंगला. बेंगलूर - 560 034. कार्यालय: 080-25531461 - 66 $: 080 - 25532153 - 5941$ फेक्स वेबसाईट : www.kioclitd.in

KIOCL LIMITED

(A Government of India Enterprise)

Registered Office: Il Block, Koramangala. Bengaluru - 560 034.

Telephone: 080-25531461 - 66 Fax $: 080 - 25532153 - 5941$ Website : www.kioclltd.in Dated: 431,0084836601002974

PRESS RELEASE

KIOCL ACHIEVES STELLAR PERFORMANCE IN O1

KIOCL Limited, a CPSU under Ministry of Steel, reported 139% increase in Revenue from Operations at Rs. 1042.05 crores and a Profit Before Tax (PBT) of Rs.295.22 crores & Profit After Tax (PAT) of Rs.215.92 crores for the 1st quarter of FY 2021-22.

Board of Directors of the Company, approved the Un-audited Financial Results for the first quarter ended on 30th June 2021, in its meeting, held on 05.08.2021 through Video Conference.

Company reported, 18% higher Pellet Production at 6.03 Lakh Tons, compared to 5.11 Lakh tons in 1st Quarter of the previous year.

Highlights of the Performance:

• Total Revenue earned is Rs. 1059.50 crores as against Rs. 460.58 crores, up by 130%
• Profit before Tax Rs. 295.22 crores as against Rs. 18.97 crores, up by 1456 %
• Profit after Tax Rs.215.92 crores against Rs.12.02 crores, up by 1696 %. $\bullet$
• Pellet Production achieved 6.03 Lakh tons as against 5.11 Lakh tons of previous FY, up by $18%$
• Dispatches 6.31 Lakh tons as against 5.68 Lakh tons of previous FY, up by 11%
• The total dispatch of 6.31 Lakh tons of Pellets were in export market

Shri Swapan Kumar Gorai, CMD cum Director (Finance), KIOCL Ltd., stated that despite prolonged lockdown due to second wave of COVID-19 during the quarter Apr - June 2021, the Company was able to maintain its normal operation by reorganizing its resources effectively in achieving consistent growth. The Pellet Plant Operations & Mineral Exploration Activities continued at its optimum level after enforcing strict preventive measures against COVID-19 pandemic.

He also stated that the high profitability was due to sustained high price realization of its pellet in export market.

Arrest

(SHREEPRAKASH) DGM (TO &C)

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