Investor Presentaiton

12,487 Financial Highlights - Quarterly Sales Volumes (tonnes) 43,986 45,964 47,828 43,705 Revenue from Operations (Rs. Crore) 67.86 287.65 247.09 VARDHMAN SPECIAL STEELS LTD. A COMMITMENT TO QUALITY 334.48 330.14 Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q1 FY21* Q2 FY21* Q3 FY21 Q4 FY21 Q1 FY22 EBITDA (Rs. Crore)# 54.68 53.71 42.64 26.67 8.94 PAT (Rs. Crore) 27.80 26.36 21.67 Q1 FY21 -7.68 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 * Includes sale of billets and traded goods; #EBITDA is including Other Income -12.78 6

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