Q1 FY23 INVESTOR UPDATE slide image

Q1 FY23 INVESTOR UPDATE

Speciality Oils & Lubricants : Q1 FY23 Highlights Revenue 28% YOY INR 1,068 crore 31% YOY EBITDA per KL ↑ INR 10,238 INR 7814 (Q1FY22) Volume 0.8% YOY 11,15,359 KI 32% YOY EBITDA post adj* INR 112 crore INR 85 crore (Q1FY22) Margin at 10.5%; 10.2% (Q1FY22) Revenue up 28% YoY, driven by base oil prices with volume increase of 0.8%. Export contributed 44% to revenue EBITDA post forex adjustment came in strongly at INR 9,712 per KL, 32% YOY INR EBITDA 118 crore INR 89 crore (Q1FY22) Margin at 11.1%; 10.8% (Q1FY22) EBITDA* per KL 31% YOY INR 9,712 INR 7406 (Q1FY22) APAR Tomorrow's solutions today. ○ Weighted average costs of inventories was low due to supply chain disruptions due to delay in incoming cargos. This will result in a higher weighted average cost in Q2FY23, reducing margins in Q2. We expect slowdown in volume as customers are struggling to pass on price increases. ○ We expect better volume of transformer oils going forward amounts in INR crore *After adjusting open period forex, before unallocable expenditure (net of income) Q1 FY23 INVESTOR UPDATE 7
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