Vardhman Special Steels Limited

rs,

ge of India Ltd, New Trading Ring, Exchange Plaza, Bandra-Kurla Complex, Rotunda Building, P.J. Towers, Bandra (East), Dalal Street, MUMBAI-400001. MUMBAI-400 051 Scrip Code: 534392 Scrip Code: VSSL SUB:

6.98%

2 220.40 0.00 49.43 269.83 26.47 39.06 61.24 396.60 38.62 8.29 3.47 26.85 7.12 19.73 2.42 Y-o-Y % 6.98% 7.62% 46.40% 71.25% 72.20% 45.45% Q3 FY26 430.54 13.17 443.72 243.41 0.00 3.83 247.25 29.19 4

7.62%

0 0.00 49.43 269.83 26.47 39.06 61.24 396.60 38.62 8.29 3.47 26.85 7.12 19.73 2.42 Y-o-Y % 6.98% 7.62% 46.40% 71.25% 72.20% 45.45% Q3 FY26 430.54 13.17 443.72 243.41 0.00 3.83 247.25 29.19 48.34 62

46.40%

49.43 269.83 26.47 39.06 61.24 396.60 38.62 8.29 3.47 26.85 7.12 19.73 2.42 Y-o-Y % 6.98% 7.62% 46.40% 71.25% 72.20% 45.45% Q3 FY26 430.54 13.17 443.72 243.41 0.00 3.83 247.25 29.19 48.34 62.48 387.

71.25%

9.83 26.47 39.06 61.24 396.60 38.62 8.29 3.47 26.85 7.12 19.73 2.42 Y-o-Y % 6.98% 7.62% 46.40% 71.25% 72.20% 45.45% Q3 FY26 430.54 13.17 443.72 243.41 0.00 3.83 247.25 29.19 48.34 62.48 387.25 56.47

72.20%

47 39.06 61.24 396.60 38.62 8.29 3.47 26.85 7.12 19.73 2.42 Y-o-Y % 6.98% 7.62% 46.40% 71.25% 72.20% 45.45% Q3 FY26 430.54 13.17 443.72 243.41 0.00 3.83 247.25 29.19 48.34 62.48 387.25 56.47 7.99 3.

45.45%

6 61.24 396.60 38.62 8.29 3.47 26.85 7.12 19.73 2.42 Y-o-Y % 6.98% 7.62% 46.40% 71.25% 72.20% 45.45% Q3 FY26 430.54 13.17 443.72 243.41 0.00 3.83 247.25 29.19 48.34 62.48 387.25 56.47 7.99 3.69 44.7

Rs. 9,524

t with PSPCL and other operational benefits EBITDA (including other income) per ton in Q4 FY26 – Rs. 9,524. Excluding the non- operational Income to the extent of Income on unutilized funds invested by ASC

Rs. 8,711

ds invested by ASC and interest on advance deposit with PSPCL, EBITDA per ton for the quarter was Rs. 8,711 #EBITDA is including Other Income INR Crore Revenue From Operations Other

0.18%

082.93 103.39 177.37 252.67 1,616.37 177.16 33.47 18.63 125.06 31.97 93.09 11.40 Y-o-Y % (0.57)% 0.18% 17.87% 31.18% 31.08% 15.35% Volumes for FY26 stood at 2,25,620 tonnes as against 2,15,843 (onl

17.87%

103.39 177.37 252.67 1,616.37 177.16 33.47 18.63 125.06 31.97 93.09 11.40 Y-o-Y % (0.57)% 0.18% 17.87% 31.18% 31.08% 15.35% Volumes for FY26 stood at 2,25,620 tonnes as against 2,15,843 (only rolled

31.18%

77.37 252.67 1,616.37 177.16 33.47 18.63 125.06 31.97 93.09 11.40 Y-o-Y % (0.57)% 0.18% 17.87% 31.18% 31.08% 15.35% Volumes for FY26 stood at 2,25,620 tonnes as against 2,15,843 (only rolled produc

“8%* of FY26 sales from exports Centre for Creative Leadership ‘Manav Vikas Kendra’ ‘EKLAVYA - B.Sc.”

“is expected The project aligns with trends such as Green Steel and the Circular Economy, which are expected to boost demand through the Electric Arc Furnace (EAF) route.”

“This will be unique facility on such large area for benefit of environment and society at large.”

“All this will be done with total capital outlay of over Rs.”

Straightness

1

Acceptance Criteria

1

Mechanical and Metallurgical Testing Lab

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Metallurgical Microscope with Image Analyzer

1

Employee well being

1

Acceptance Criteria

0.2x10mm Shot Blasting UST Acceptance Criteria: SDH - 0.8x10mm, FBH - 0.8 & 1.2mm § § § § § § § § § § Spectrometer: ARL 4460:1454 for Chemical Analysis. Can check 32 different elements CS - 230 : Analyzer for Carbon & Sulfur content in steel LECO gas analyzer: TC 600 H2, N2, O2 Analyzer Mobile Spectro and XRF for Mix up Testing of Bars

Metallurgical Microscope with Image Analyzer

§ § Carl Zeis microscope with maximum magnification of 1000x Olympus microscope with maximum magnification of 2000x RADLAB-1 GAMMA RAY Spectrometer: § § § For Testing Steel Samples for Radiological Content Can identify different types of Isotopes present in Steel Sample and show Results in Bq/gm Samples Radiological content can be certified with 300 Second scan in RadLab ''Well‘’ XRF Spectrometer: Higher range & All input/ output material can be checked and chemically analysed Scanning Electron Microscopy and Energy Dispersive X-ray Spectroscopy (SEM-EDS): For material surface analysis, material rejection, contaminant identification, solder joint analysis etc. Digital Optical Microscope With Elemental Analyzer: For observation, analysis and elemental analysis, allowing the status and composition of the target to be checked from its outer appearance …ensuring highest levels of quality and compliance Bilaspur Rudrapur Aurangabad Pune Bangalore Chennai § One Owned Warehouse § Bilaspur Har

Employee well being

ü We hadn’t laid off anyone during Covid time, rather we had paid full salaries to our employees and ensured full payment to our contract workers. Apart from this, we had given timely increments, production incentives and above all distributed one time incentive for hard work done by entire team during tough times of Covid ü In current year, we had developed well-equipped Health Fitness Centre in campus managed by professional trainer ü We have launched 3 welfare policies in current year: Ø Chalo Ghar Bhi Banaye (Housing loan scheme) Ø Main Hoon Naa (Taking care of education of children on unfortunate demise of our employee till graduation irrespective of any College/University) Ø Vidwaan Bano (Scholarship of Rs. 50,000/- to outstanding children of our employees)  We are having strong Women Grievance handling mechanism in place  We have various unique facilities and schemes for benefit of employees such as single roof canteen serving same food from  Worker to MD Two full time Doctor