JINDAL STEEL LIMITED

6%

GHTS INDUSTRY UPDATE COMPANY UPDATE CONSOLIDATED DOMESTIC STANDALONE Revenue 8,237 YoY 6% Revenue 11,099 JSPL EBITDA xx YoY 4% QoQ xxx POWER Steel & related products volumes 1.51

4%

CONSOLIDATED DOMESTIC STANDALONE Revenue 8,237 YoY 6% Revenue 11,099 JSPL EBITDA xx YoY 4% QoQ xxx POWER Steel & related products volumes 1.51 Million Tonnes UP BY 16% YoY RAIL Ra

1.51 Million

oY 6% Revenue 11,099 JSPL EBITDA xx YoY 4% QoQ xxx POWER Steel & related products volumes 1.51 Million Tonnes UP BY 16% YoY RAIL Rail deliveries up by 126% YoY Jindal Power Limited Revenue 1,11

16%

L EBITDA xx YoY 4% QoQ xxx POWER Steel & related products volumes 1.51 Million Tonnes UP BY 16% YoY RAIL Rail deliveries up by 126% YoY Jindal Power Limited Revenue 1,114 up by 15% YoY G

126%

Steel & related products volumes 1.51 Million Tonnes UP BY 16% YoY RAIL Rail deliveries up by 126% YoY Jindal Power Limited Revenue 1,114 up by 15% YoY Generation 2,982 MU Up by 13 % QoQ MINI

15%

UP BY 16% YoY RAIL Rail deliveries up by 126% YoY Jindal Power Limited Revenue 1,114 up by 15% YoY Generation 2,982 MU Up by 13 % QoQ MINING Mozambique RoM Production 614 KT Up by 126% QoQ

13 %

ries up by 126% YoY Jindal Power Limited Revenue 1,114 up by 15% YoY Generation 2,982 MU Up by 13 % QoQ MINING Mozambique RoM Production 614 KT Up by 126% QoQ EBITDA QoQ 18% JSPL Consolid

18%

2,982 MU Up by 13 % QoQ MINING Mozambique RoM Production 614 KT Up by 126% QoQ EBITDA QoQ 18% JSPL Consolidated 35% Jindal Power Limited 12% JSPL Standalone HIGHEST EVER REVENUE & E

35%

MINING Mozambique RoM Production 614 KT Up by 126% QoQ EBITDA QoQ 18% JSPL Consolidated 35% Jindal Power Limited 12% JSPL Standalone HIGHEST EVER REVENUE & EBITDA IN FY19 REVENUE (R

12%

ction 614 KT Up by 126% QoQ EBITDA QoQ 18% JSPL Consolidated 35% Jindal Power Limited 12% JSPL Standalone HIGHEST EVER REVENUE & EBITDA IN FY19 REVENUE (Rs. In Cr) Standalone Conso

30%

t & other adjustment Net Movement in Cash & Cash Equivalents Net Debt as on 31st June'19 Approx. 30% of the long term debt repayment already done till date HIGHLIGHTS Q1 FY’20 INDUSTRY UPDATE

8.3%

Mt > Indian among fastest growing steel market 925 882 6 month CY18 CY19 CY 18 CY19 8.3% 7.1% 492 448 57 54 53 51 44 42 4.9% 10% 5% 3.6% 5.4% 2.1% 1.3% 2