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Capital Highlights FY 2024-25Value-creation highlights FY 2024-25

FINANCIAL CAPITAL

We are focussed on optimising capital allocation and maintaining a strong balance sheet while generating strong free cash flows. We also review all investments, taking into account the Group’s financial resources with a view to maximising returns to shareholders.

KEY FY 2024-25 OUTCOMES

1,50,725 crore REVENUE

6% Y-O-Y

43,451 crore EBIDTA

19% Y-O-Y

34% EBIDTA MARGIN1

~425 bps Y-O-Y

20,535 crore PAT

172% Y-O-Y

14,850 crore FREE CASH FLOW (FCF) POST-CAPEX

30% Y-O-Y

20,603 crore CASH AND CASH EQUIVALENTS

34% Y-O-Y

53,250 crore NET DEBT
1.2x NET DEBT/EBITDA
27% ROCE

~371 bps Y-O-Y

43.5 per share DIVIDEND DECLARED
AA Credit Rating CRISIL AND ICRA UPGRADED RATING FROM ‘AA-‘
13,134 crore GROWTH CAPEX

1 Excluding customs smelter at copper business

MANUFACTURED CAPITAL

We invest in our portfolio of high-quality assets to meet the dynamic market demands. Our commitment extends to acquiring cutting-edge equipment for elevated operational efficiency, safety performance and stable cash flows. We are currently undertaking various vertical integrations and expansion projects to bolster reliable and efficient operations and seize opportunities.

KEY FY 2024-25 OUTCOMES

Business Highlights

Zinc India

1,095 kt HISTORIC HIGH MINED METAL PRODUCTION

1% Y-O-Y

Zinc India

1,052 kt HIGHEST-EVER REFINED ZINC-LEAD PRODUCTION

2% Y-O-Y

Zinc India

687 tonnes SILVER PRODUCTION

Zinc International

178 kt PRODUCTION

Aluminium

2,422 kt HIGHEST-EVER ALUMINIUM PRODUCTION

2% Y-O-Y

Aluminium

1,975 kt HIGHEST-EVER ALUMINA PRODUCTION

9% Y-O-Y

Oil & Gas

103 kboepd AVERAGE GROSS OPERATED PRODUCTION

19% Y-O-Y

Power

12,822 million units OVERALL POWER SALES

Iron Ore

6.2 million tonnes SALEABLE ORE PRODUCTION

12% Y-O-Y

Steel

1,337 kt STEEL PRODUCTION

Ferro Alloys

83 kt RECORD SALEABLE PRODUCTION
1st QUARTILE IN GLOBAL COST CURVE (ALUMINIUM AND ZINC)
HUMAN CAPITAL

We hire people from around the world. Our employees’ diverse skills and varied experience effectively contributes to our operations. For our mining and plant operations that require specialised skills, we employ qualified technical, engineering and geology professionals. Additionally, we foster a culture that nurtures safety, innovation, creativity and diversity, which helps us to achieve our business goals while also enabling our employees to grow personally and advance professionally.

KEY FY 2024-25 OUTCOMES

1,17,288 TOTAL WORKFORCE
22% WOMEN EMPLOYEES
2,650 EMPLOYEES COVERED UNDER MENTORING AND SUPPORT PROGRAMMES
11.8% ATTRITION RATE
1.32 TRIFR
43 TRANSGENDER EMPLOYEES
INTELLECTUAL CAPITAL

Our collective knowledge, skills and resources are key to ensuring optimal and sustainable operations and driving our value creation. Our ongoing investments in innovation, digital transformation and technology help strengthen our competitiveness and business resilience.

KEY FY 2024-25 OUTCOMES

21 crore R&D SPEND
5 PATENTS RECEIVED IN FY 2024-25
47 PATENTS UNDER ACTIVE APPLICATION
56.8 crore INVESTMENT IN DIGITALISATION PROGRAMMES
SOCIAL AND RELATIONSHIP CAPITAL

We aim to forge strong partnerships with our key stakeholders, including shareholders and lenders, suppliers and contractors, employees, governments, communities and civil societies. Our meaningful engagement with them helps us to foster these strong connections that help us to maintain and strengthen our licence to operate.

KEY FY 2024-25 OUTCOMES

8,000+ NAND GHARS BUILT
6.8 million* TOTAL CSR BENEFICIARIES
429 crore TOTAL CSR SPENT
26 million* CUMULATIVE WOMEN AND CHILDREN BENEFITED FROM CSR PROGRAMMES
6,878 YOUTH BENEFITED FROM EMPLOYMENT-BASED TRAINING
NATURAL CAPITAL

We own world-class mining assets in India and Africa, endowed with abundant natural resources and reserves (R&R), giving us long-term visibility to sustain operations. We effectively use these assets to generate significant social and economic value for our stakeholders. However, our operations also have associated environmental impacts, which we are striving to minimise by operating responsibly and investing in environmental stewardship.

KEY FY 2024-25 OUTCOMES

Zinc India R&R

453.2 million tonnes COMBINED R&R

Zinc India R&R

29.6 million tonnes ZINC-LEAD METAL R&R

Zinc India R&R

808.4 million ounces SILVER R&R

Zinc International R&R

670 million tonnes COMBINED R&R

Zinc International R&R

35.9 million tonnes METAL R&R

Oil and Gas R&R

1,430 mmboe GROSS PROVED, AND PROBABLE RESERVES AND RESOURCES
6.0 tCO2e per tonne METAL GHG INTENSITY
0.63 times WATER POSITIVITY RATIO
96% HVLT WASTE RECYCLED