Investor Presentaiton

Raw Material Cost Trend Raw Material cost (Rs./mt) Q1 20 510 554 577 Q1FY22 Q4FY22 Q1FY23 Conversion Ratio and Fly ash Price Index Conversion Ratio Index (Clinker to cement) Above numbers are for Grey Cement - India 109 103 Q1 22 111 103 111 104 Q4 22 Q1 23 Flyash Price Index YoY cost increase : 13% ✓ Inflationary increase in cost of all raw material items QoQ cost increase: 4% ✓ Inflationary increase in cost of all raw material items ADITYA BIRLA UltraTech 17

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