Hindalco Industries Limited

₹53,151 crore

o Reports Third Quarter FY23 Results Q3 FY23 Performance (vs Q3 FY22) ▪ Consolidated revenue at ₹53,151 crore, up 6% YoY ▪ Quarterly consolidated PAT at ₹1,362 crore, down 63% YoY ▪ Quarterly consolidated EB

6%

arter FY23 Results Q3 FY23 Performance (vs Q3 FY22) ▪ Consolidated revenue at ₹53,151 crore, up 6% YoY ▪ Quarterly consolidated PAT at ₹1,362 crore, down 63% YoY ▪ Quarterly consolidated EBITDA at

₹1,362 crore

(vs Q3 FY22) ▪ Consolidated revenue at ₹53,151 crore, up 6% YoY ▪ Quarterly consolidated PAT at ₹1,362 crore, down 63% YoY ▪ Quarterly consolidated EBITDA at ₹3,930 crore, down 48% YoY ▪ Record total shipme

63%

onsolidated revenue at ₹53,151 crore, up 6% YoY ▪ Quarterly consolidated PAT at ₹1,362 crore, down 63% YoY ▪ Quarterly consolidated EBITDA at ₹3,930 crore, down 48% YoY ▪ Record total shipments of Ind

₹3,930 crore

YoY ▪ Quarterly consolidated PAT at ₹1,362 crore, down 63% YoY ▪ Quarterly consolidated EBITDA at ₹3,930 crore, down 48% YoY ▪ Record total shipments of India primary aluminium at 349Kt (vs 345Kt) up 1% YoY ▪

48%

nsolidated PAT at ₹1,362 crore, down 63% YoY ▪ Quarterly consolidated EBITDA at ₹3,930 crore, down 48% YoY ▪ Record total shipments of India primary aluminium at 349Kt (vs 345Kt) up 1% YoY ▪ Aluminium

1%

930 crore, down 48% YoY ▪ Record total shipments of India primary aluminium at 349Kt (vs 345Kt) up 1% YoY ▪ Aluminium Upstream EBITDA at ₹1,591 crore with EBITDA margins at 19.8% ▪ Aluminium Downstre

₹1,591 crore

shipments of India primary aluminium at 349Kt (vs 345Kt) up 1% YoY ▪ Aluminium Upstream EBITDA at ₹1,591 crore with EBITDA margins at 19.8% ▪ Aluminium Downstream EBITDA at ₹157 crore, up 24% YoY; EBITDA per t

19.8%

m at 349Kt (vs 345Kt) up 1% YoY ▪ Aluminium Upstream EBITDA at ₹1,591 crore with EBITDA margins at 19.8% ▪ Aluminium Downstream EBITDA at ₹157 crore, up 24% YoY; EBITDA per ton at $210, up 7% YoY ▪ Q

₹157 crore

nium Upstream EBITDA at ₹1,591 crore with EBITDA margins at 19.8% ▪ Aluminium Downstream EBITDA at ₹157 crore, up 24% YoY; EBITDA per ton at $210, up 7% YoY ▪ Quarterly Copper EBITDA at ₹546 crore, up 40%

24%

BITDA at ₹1,591 crore with EBITDA margins at 19.8% ▪ Aluminium Downstream EBITDA at ₹157 crore, up 24% YoY; EBITDA per ton at $210, up 7% YoY ▪ Quarterly Copper EBITDA at ₹546 crore, up 40% YoY; All

7%

ins at 19.8% ▪ Aluminium Downstream EBITDA at ₹157 crore, up 24% YoY; EBITDA per ton at $210, up 7% YoY ▪ Quarterly Copper EBITDA at ₹546 crore, up 40% YoY; All-time high copper rod sales at 88 K

“Taloja ZLD Project : Commissioning of Hoganas Electro coagulation unit completed in Dec’ 22 & stabilization in process.”

“Inflation has likely peaked and expected to remain within RBI’s target range (4+/-2%) in FY24 .”

“Without considering this repayment, the Group's Debt Service Coverage Ratio will be 6.21 times for nine month ended 31st December 2022.”

“On January 18, 2023, the Company has issued 70,000 7.60% Redeemable Non-Convertible Debentures amounting to ₹ 700 crore maturing on March 18, 2024 which will be utilised to meet working capital requirement and general corporate purpose.”

“Without considering this repayment, the Company's Debt Service Coverage Ratio will be 5.36 times for nine month ended 31st December 2022.”

“On January 18, 2023, the Company has issued 70,000 7.60% Redeemable Non-Convertible Debentures amounting to ₹ 700 crore maturing on March 18, 2024 which will be utilised to meet working capital requirement and general corporate purpose.”

Earnings Per Share

2

Notes

2

Scrip Code

1

Ref

1

For Further Queries Please Contact

1

Location

1

I. CONTINUING OPERATIONS

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II. DISCONTINUED OPERATIONS

1

Tax Expenses

1

Scrip Code

500440 National Stock Exchange of India Limited Scrip Code: HINDALCO Banque Internationale A Luxembourg Societe Anonyme Dear Sir/ Madam, Sub: Outcome of Board Meeting o )

Ref

i) Regulation 30 & 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) ii) Our intimation dated January 27, 2023 ISIN: INE038A01020 & INE038A08124 Please note that the Board at its meeting held today has inter alia approved the Unaudited Standalone and Consolidated Financial Results for the Quarter ended December 31, 2022. The meeting commenced at 12:15 p.m. and concluded at 1:50 p.m. Pursuant to Regulation 33 of Listing Regulations, enclosed are the following documents: 1) Press Release 2) Investor Presentation 3) Unaudited Standalone and Consolidated Financial Results for the quarter ended December 31, 2022 and Limited Review Report thereon. www.hindalco.com . The above is Thanking you, For Hindalco Industries Limited Geetika Anand Company Secretary & Compliance Officer Encl: a/a Hindalco Industries Limited 6th & 7th Floor, Birla Centurion, Pandurang Budhkar Marg, Worli, Mumbai 400030, India T:+91 22 6

For Further Queries Please Contact

Subir Sen, Investor Relations Telephone- +91 22 6662 6666 E mail: hilinvestors@adityabirla.com Website: www.hindalco.com Registered Office Ahura Centre, 1st Floor, B Wing Mahakali Caves Road Andheri (East), Mumbai 400 093 Telephone- +91 22 6691 7000 Website: www.hindalco.com E mail: hindalco@adityabirla.com Corporate Identity No. L27020MH1958PLC011238 Q3FY23 : Earnings Concall Details Earnings Conference Call is scheduled at 4:00 PM (IST) on Feb 9, 2023. The dial-in numbers for the call are given below

Location

Universal Access (India) Primary Number Secondary Number International Toll-Free Numbers USA UK Singapore Hong Kong ACCESS NUMBER (+) 91 22 6280 1303 (+) 91 22 7115 8204 (+) 1 866 746 2133 (+) 080 810 11573 (+) 800 101 2045 (+) 800 964 448 Online Pre-Registration Link Click Here Investor Presentation post announcement of the results (link) Post Earnings Call Recording (link) Reports and Presentations – Hindalco Hindalco Industries Limited 38 Price Waterhouse & Co Chartered Accountants LLP Review Report The Board of Directors Hindalco Industries Limited Ahura Centre, 1st Floor, B Wing Mahakali Caves Road Andheri (East) Mumbai-400093 1. We have reviewed the consolidated unaudited financial results of Hindalco Industries Limited (the “Parent”), which includes joint operations consolidated on a proportionate basis, trusts and subsidiaries (the parent and its joint operations, trusts and its subsidiaries hereinafter referred to as the “Group”), and its share of the net profit after tax and

I. CONTINUING OPERATIONS

31/12/2022 (Unaudited) Quarter ended (₹ in Crore, except otherwise stated) Year ended Nine Months ended 30/09/2022 31/12/2021 31/12/2022 31/12/2021 31/03/2022 (Audited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) INCOME Revenue from Operations Other Income Total Income EXPENSES Cost of Materials Consumed Trade Purchases Change in Inventories of Finished Goods, Work-in-Progress and Stock-in-Trade Employee Benefits Expense Power and Fuel Finance Cost Depreciation and Amortization Expense Impairment Loss/ (Reversal) of Non-Current Assets (Net) Impairment Loss/ (Reversal) on Financial Assets (Net) Other Expenses Total Expenses Profit/ (Loss) before Share in Profit/ (Loss) in Equity Accounted Investments, Exceptional Items and Tax Share in Profit/ (Loss) in Equity Accounted Investments (Net of Tax) Profit/ (Loss) before Exceptional Items and Tax Exceptional Income/ (Expenses) (Net) Profit/ (Loss) before Tax Tax Expenses Current Tax Expense Deferred Tax Expense/ (Benefit) (Refer Note 5)

II. DISCONTINUED OPERATIONS

Profit/ (Loss) for the Period From Discontinued Operations Tax Expense/ (Benefit) of Discontinued Operations Profit/ (Loss) for the Period from Discontinued Operations Profit/ (Loss) for the Period Other Comprehensive Income/ (Loss) Items that will not be reclassified to Statement of Profit and Loss Remeasurement of Defined Benefit Obligation Change in Fair Value of Equity Instruments Designated as FVTOCI Income Tax effect Items that will be reclassified to Statement of Profit and Loss Change in Fair Value of Debt Instruments Designated as FVTOCI Effective Portion of Cash Flow Hedges Cost of Hedging Reserve Foreign Currency Translation Reserve Income Tax effect Other Comprehensive Income/ (Loss) for the Period Total Comprehensive Income/ (Loss) for the Period Profit/ (Loss) attributable to: Owners of the Company Non-Controlling Interests Other Comprehensive Income/ (Loss) attributable to: Owners of the Company Non-Controlling Interests Total Comprehensive Income/ (Loss) attributable to