Graphite India Limited

rs,

ited The Corporate Relationship Department I st Floor, New Trading Ring, Rotunda Bldg., P.J.Towers, Dalal Street, Mumbai 400 001. Scrip Code· - 509488 The Manager Listing Department National St

Rs. 2,230 Crore

e 9M FY2024 Profit and Loss (Consolidated) 9M FY2024 Profit and Loss (Standalone) o Net Sales of Rs. 2,230 Crores, a decline of 6.4% y-o-y o Net Sales of Rs. 2,188 Crores, an increase of 0.1%% y-o-y o EBITDA of

6.4%

onsolidated) 9M FY2024 Profit and Loss (Standalone) o Net Sales of Rs. 2,230 Crores, a decline of 6.4% y-o-y o Net Sales of Rs. 2,188 Crores, an increase of 0.1%% y-o-y o EBITDA of Rs. 98* Crores as c

Rs. 2,188 Crore

fit and Loss (Standalone) o Net Sales of Rs. 2,230 Crores, a decline of 6.4% y-o-y o Net Sales of Rs. 2,188 Crores, an increase of 0.1%% y-o-y o EBITDA of Rs. 98* Crores as compared to Rs. 377 Crores in 9M FY23

0.1%

Sales of Rs. 2,230 Crores, a decline of 6.4% y-o-y o Net Sales of Rs. 2,188 Crores, an increase of 0.1%% y-o-y o EBITDA of Rs. 98* Crores as compared to Rs. 377 Crores in 9M FY23 o EBITDA of Rs. 141* C

Rs. 98

, a decline of 6.4% y-o-y o Net Sales of Rs. 2,188 Crores, an increase of 0.1%% y-o-y o EBITDA of Rs. 98* Crores as compared to Rs. 377 Crores in 9M FY23 o EBITDA of Rs. 141* Crores as compared to Rs. 43

Rs. 377 Crore

et Sales of Rs. 2,188 Crores, an increase of 0.1%% y-o-y o EBITDA of Rs. 98* Crores as compared to Rs. 377 Crores in 9M FY23 o EBITDA of Rs. 141* Crores as compared to Rs. 438 Crores in 9M FY23 o Net Profit of

Rs. 141

se of 0.1%% y-o-y o EBITDA of Rs. 98* Crores as compared to Rs. 377 Crores in 9M FY23 o EBITDA of Rs. 141* Crores as compared to Rs. 438 Crores in 9M FY23 o Net Profit of Rs. 789** Crores as compared to R

Rs. 438 Crore

Rs. 98* Crores as compared to Rs. 377 Crores in 9M FY23 o EBITDA of Rs. 141* Crores as compared to Rs. 438 Crores in 9M FY23 o Net Profit of Rs. 789** Crores as compared to Rs. 169 Crores in 9M FY23 o Net Profi

Rs. 789

s in 9M FY23 o EBITDA of Rs. 141* Crores as compared to Rs. 438 Crores in 9M FY23 o Net Profit of Rs. 789** Crores as compared to Rs. 169 Crores in 9M FY23 o Net Profit of Rs. 838** Crores as compared to

Rs. 169 Crore

1* Crores as compared to Rs. 438 Crores in 9M FY23 o Net Profit of Rs. 789** Crores as compared to Rs. 169 Crores in 9M FY23 o Net Profit of Rs. 838** Crores as compared to Rs. 294 Crores in 9M FY23 o EPS of Rs

Rs. 838

9M FY23 o Net Profit of Rs. 789** Crores as compared to Rs. 169 Crores in 9M FY23 o Net Profit of Rs. 838** Crores as compared to Rs. 294 Crores in 9M FY23 o EPS of Rs. 40.56 per share o EPS of Rs. 42.89

“It forecasts that steel demand will grow by 1.8% in 2023 to reach 1,815 million MT after contracting by 3.3% in 2022.”

Notes

7

Note

2

Notes

1. *The Company, in accordance with the applicable Ind AS, has recognized the related inventory on Net Realizable Value (NRV) basis to the extent applicable and has accordingly written down the carrying cost of inventory, the value of such written down (Balance Sheet position) is Rs. 274 Crores on Consolidated basis and Rs. 237 Crores on Standalone basis as at 31st December 2023 2. **Includes a net gain of Rs. 954 Crores related to the sale of land in Bengaluru 3 Executive Summary Q3 FY2024 Financial Performance Q3 FY2024 Profit and Loss (Consolidated) o Net Sales of Rs. 690 Crores, a decline of 1.6% y-o-y and 13.0% q-o-q o EBITDA of Rs. 50 Crores as compared to Rs. 105 Crores in Q3 FY23 o Net Profit of Rs. 17 Crores as compared to Rs. 53 Crores in Q3 FY23 o EPS of Rs. 0.99 per share o Net Sales of Rs. 682 Crores, an increase of 1.9% y-o-y and a decline of 13.2 % q-o-q Q3 FY2023 Profit and Loss (Standalone) o EBITDA of Rs. 83 Crores as compared to Rs. 134 Crores in Q3 FY23 o Net Profit

Note

1) Source: World Steel Association, the figures are estimates that may be revised with next month’s production update. Above data represents a total of 64 Countries as per WSA which accounts for 98% of total world crude steel production 2) Source: World Steel Association 7 Graphite Electrode Industry Overview ▪ The focus on substantial decarbonization measures in developing economies supports the growth of the Electric Arc Furnace (EAF) process compared with the Blast Furnace / Bessimer Oxygen Furnace (BF/BOF) process ▪ Governments around the world are also introducing stringent environmental regulations to reduce pollution. This will further support the growth of the EAF process and along with decarbonization, drive the future demand for graphite electrodes ▪ The use of the EAF process in the steel industry is not only important for sustainable steel production but is a more cost- effective manufacturing method ▪ India's national steel policy has identified a roadmap for reaching 300

Note

1) Source: Industry 8 Q3 y-o-y Q2 q-o-q Nine Months y-o-y FY2024 FY2023 Growth (%) FY2024 Growth (%) FY2024 FY2023 Growth (%) Comments Consolidated Financial Performance (Rs. Crore) Net Sales Excluding Other Income Other Income Total Income EBITDA / (Loss) excluding One Time Income and Expense Margin (%) EBITDA / (Loss) Margin (%) Interest Depreciation Profit / (Loss) Before Tax (before Exceptional items) Exceptional Items PBT after Exceptional Items Net Profit Margin (%) Earnings Per Share 690 63 753 701 33 734 (1.6%) 90.9% 2.6% 50 105 (52.4)% 7.2% 15.0% 50 7.2% 105 15.0% (52.4)% 33.3% 61.5% (71.9)% nm (69.1)% (67.9)% 3 13 89 (8) 81 53 7.6% 4 21 25 - 25 17 2.5% 0.99 793 91 884 61 7.7% 61 7.7% 4 19 38 954 992 802 101.1% (13.0)% (30.8%) (14.8%) (18.0%) (18.0%) - 10.5% (34.2%) nm (97.5%) (97.9%) 2,230 232 2,462 98* 4.4% 98* 4.4% 14 58 26 954# 980 789 35.4% 2,382 136 2,518 (6.4%) 70.6% (2.2%) 377 (74.0%) 15.8% 377 15.8% 9 42 326 (53) 273 169 7.1% (74.0%) 55.6% 38.1% (92.0%) nm nm nm Y-o-Y

Notes

1. *The Company, in accordance with the applicable Ind AS, has recognized its carrying inventory on Net Realizable Value (NRV) basis to the extent applicable and has taken a charge on the cost of inventory of Rs. 274 Cr during 9M FY24 thereby impacting the profitability #Includes a net gain of Rs. 954 Crores related to the sale of land in Bengaluru All margins calculated as a percentage of Net Sales (excluding Other Income) 2. 3. 9 2.66 (62.9)% 41.13 (97.6%) 40.56 8.61 nm Standalone Financial Performance (Rs. Crore) Net Sales Excluding Other Income Other Income Total Income EBITDA / (Loss) excluding One Time Income and Expense Margin (%) EBITDA / (Loss) Margin (%) Interest Depreciation Profit / (Loss) Before Tax (before Exceptional item) Exceptional Item # PBT after Exceptional Item Net Profit Margin (%) Earnings Per Share

Notes

1. Q3 y-o-y Q2 q-o-q Nine Months y-o-y FY2024 FY2023 Growth (%) FY2024 Growth (%) FY2024 FY2023 Growth (%) Comments 682 59 741 669 39 708 1.9% 51.3% 4.7% 83 134 (38.1%) 12.2% 20.0% 83 12.2% 134 20.0% 2 19 62 - 62 2 10 122 - 122 50 7.3% 92 13.8% (38.1%) - 90.0% (49.2%) nm (49.2%) (45.7%) 786 87 873 72 9.2% 72 9.2% 4 17 51 954 1,005 815 103.7% (13.2%) (32.2%) (15.1%) 15.3% 15.3% (50.0%) 11.8% 21.6% nm (93.8%) (93.9%) 2,188 218 2,406 141* 6.4% 141* 6.4% 10 52 79 954# 1,033 838 38.3% 2,186 126 2,312 0.1% 73.0% 4.1% 438 (67.8%) 20.0% 438 20.0% 6 32 400 - 400 294 13.4% (67.8%) 66.7% 62.5% (80.3%) nm 158.3% nm 2.54 4.65 (45.4%) 41.74 (93.9%) 42.89 15.04 nm Y-o-Y volumes improved but Net Sales impacted by lower realisations Q-o-Q Net Sales was impacted by a decrease in both volumes and realisations Increase in treasury income due to favorable market conditions *The Company, in accordance with the applicable Ind AS, has recognized its carrying inventory on Net Realizable Value (NRV) basis to th

Notes

1. 2. Operating Profit / (Loss) is including Other Income All numbers in Crores unless specifically mentioned 7% 50 Q3FY24 20% 134 9% 72 12% 83 Q3FY23 Q2FY24 Q3FY24 11 Quarter Performance Trends Consolidated Net Profit / (Loss) Standalone Net Profit / (Loss) 802 101% 53 8% Q3FY23 Q2FY24 17 2% Q3FY24 92 14% Q3FY23 Capacity Utilization (Standalone) 87% 82% 49% 815 104% Q2FY24 50 7% Q3FY24