Investor Presentaiton

Capex Strategy Capital Expenditure 165.27 113.60 99.59 89.98 71.71 FY14 FY15 FY16 FY17 FY18 Rs bn Strategically expanding upstream activities through inorganic and organic growth opportunities Investment in refining and distribution capacity to bridge the gap between sales volumes and production Expand capacities and improve efficiencies at existing installation and refineries Create opportunities with the manufacture of niche petrochemicals Improve margin and value through facility upgrades Significant Expansion in Upstream and Downstream business to drive future growth 16

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