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Prakash Industries Ltd. Earnings Release 2020

Jan 27, 2020

61790_rns_2020-01-27_b2a9c4d0-8888-4928-b412-7b59bf09f8ef.pdf

Earnings Release

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Prakash Industries Limited

Srlvan, Bijwasan, New Delhi -110061 CIN : L27109HR1980PLC010724 Tel. : 25305800, 28062115 Fax: 91-11-28062119 E-mail : [email protected] Website : www.prakash.com

PIL/SE/MIS/2020-2

2ih January, 2020

Listing Department National Stock Exchange of India Ltd . Exchange Plaza, 5th Floor, Plot No. C/1 G Block,Bandra-Kurla Complex, Sandra (E) Mumbai - 400051

Listing Department BSE Ltd. Phiroze Jeejeebhoy Towers Dalal Street, Mumbai - 400001

Company Symbol : PRAKASH

Company Code : 506022

Dear Sir,

In terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing a press release given today by the Company for your information and record.

Thanking you,

Yours faithfully, For Prakash Industries Limited

~hl'-r)f\1.' ~0'Y

Ashwini Kumar Company Secretary

Encls : as above

PRESS RELEASE

Date: 27th .January, 2020

Prakash Industries Registers Growth in Sales Volume

The Company has registered growth in its Sales volume during Q3FY2019-20 despite the challenging times faced by the Steel Industry during the period.

Q3FY2019-20 Performance

Prakash's Q3 Steel Sales volume at 2.53 Lakh tonnes records growth of 6.4% on Quarter-on-Quarter basis and 2.5% on Year-on-Year basis.

Disclaimer: This release contains forward-looking statements based on the currently held beliefs and assumptions of the management of Prakash Industries Limited (PIL), which are expressed in good faith and, in their opinion, reasonable. Forward looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, financial condition, performance, or industry results, to differ materially from the results or performance implied by such forward-looking statements. Given these risks, uncertainties and other factors, recipients of this document are cautioned not to place undue reliance on these forward-looking statements.

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