ADITYA BIRLA AMLSJV: STEX: 2016 Date: 124 August, 2016 BSE Limited Phiroze Jecjecthoy Towers, 254 Floor Dalal Street, ‘MUMBAI 460 002, (Stocle Code ~500440), FAX NO, 2272 2037/39/41/61 Dear Sir, Sub ‘Publication of Unaudited Financial Results for the ‘First Quarter ended on 30% June, 2016. We are sending herewith a Statement showing the “Unaudited Financial and Segment Results” of the Company for the First Quarter ended on 30 June, 2016, which are approved at the Meeting of the Board of Directors of ‘the Complany held on Friday, the 12% August, 2016 which hias concluded at {2:55 PM. along with “Limited Review Report” of Statutory Auditors of the Company, M/s. Singhi & Co. Aso find enclosed herewith a copy of the Press Release. ‘We hope you wil find this in order. ‘Thanking you, fer wnoatco Agystmes uMireD ‘Ani ALTE DENT CCONPANY SECRETARY aVA, et Ta etADITYA BIRLA HINDALCO INDUSTRIES LIMITED Ragin “Cony Bhavan Fr, Dr. Anle Bsn Red, Wer Mamba 8 38 ‘Website: wind on Ema hindi con, Corporat sty Ne LETSOM REPUTE Notes |. The Company has adopted fom Ist April 2016 Indian Accounting Standards (Ind AS) prestibed under Section 133 ofthe Companies Act 2013 read with relevant rls issued thereunder. Thee resus have ben prepa! corde with recogsiton and measurement principe lad sown in tnd AS 3 on Interim Financ Repo ‘The igus forthe quaner ended 30h Jane, 2015 prevented rar alo Ind AS compliant, 2 Recovelaion teresn els previously reponed unde erstutileInian GAAP and as presented now under Ind AS forte quire ended 30" Jane, 2015 ae given blow feman SSS ye Bai | Pepi ers Poa lw AP oy hpowes lo Chg San fs ors] fo Aste nonce ae scam gh te Compe me a fo. Cb Aen te fo ec ton et Ne) 2 3. Matan Goal Limited and Tubed Coal Mines Limited joint operations of the Compan, have been clasifed as scontiued operations since going concer concepts vitited following deslostion of coal blocks eater alloted them: Det o eu ofthe same ae give below [Genrer endea 4% During July 2016, the Company tas sol is entre holding in te sibel, Adina Bitle Minerals Limite, Ausralis(ABML) by accepting the off-market takeover offer annonce by Met X Limited. As pr the ofle te Company hs received AS 0.08 for every shar of ABML and oe share of Metals X Limited fr every 4-5 shares of ABML Accordingly, tbe investment a ABM hasbeen lied es nore ase! hel fot ale, ‘5. Segmentrepring has ben done in compliance with Ind AS 108. For this purpose, Aluminium and Copper bave teen idnified as reporable segments with "Earnings before Fiance Cost, Eacetonl hems Tax Expenses, Depreciation and Amortization nluding Ingirmer) the segment perfomance measure 6. Result of Copper Segment have been affected in crent quater due oa planned shutdown fr maintenance of one ofthe sles at Dae) copper unit which hasbeen complete within the uate 7. Non-comertile Debentures ised bythe Company are filly secured by chuge against certin tangible ae 5. Those reais hve ben reviewed by the Audit Commitee and approved atthe meting ofthe Bost of Dies held on Friday, 12 August. 2016. Limited Review at requfed under Regulation 33 of the SEBI Cling Obligations and Disclosure Reouzements) Reglatons 2015 fas been cared out by the stuutory audits of the ‘Company. ess forthe quarter ended 0th ne, 2015 has not been evewed bythe saute sodas howeves, the management has exeried necessary due diigece to enrre tat te nail Tests provide a tae an Tat Mew ofa 9, Figures of previous periods have buen regrouped wherever necessary. Place: Manna Dated: 12 August, 2016Singhi L Co. Chartered Accountants Tl, SARAT BOSE ROAD, HOLKATA700 028 (DW ©; 491¢033-209 6000, 8362 3222 MIMEAL ‘INDEPENDENT AUDITOR'S REVIEW REPORT OW REVIEW OF INTERIM FINANCIAL RESULTS ‘To"Te Bord of Drecrsof nlc dusts Ltd Ne have reviewed the accomparyng Satement of Unustes Stndane isan Rests of M/s Hino Indies Umted ("the Company’) forthe quarter ended 30° dine, 2016 (the Statement), ting sated by the Compeny pursuant to the requrerento Regus 2 ofthe SEI (Using Gulgnons ane Dare ecuremerts) Regulators, 2035, a5 mode Dy Cleuar Mo. CR/CFO/EACISH/QO16 ctee My 2016 ‘Aten i drown othe act thatthe Agures forthe caespendng quater ened 30” ne 20% sua {he recon of net po or the quarter under Ind AS ofthe Cvrecpendng Quack tt (Be quarter rented under previous GAAP, as reported in these tnd rests have Deen approved by Oe ‘Compan’ Bost of Oreos but have not been Safest to ee ‘Bis Statement, which s the responabity ofthe Companys Management and sppoved by te Bows of Directs hes been prepare in accordance wth the recoawon and mensurement procs Mi on ee Indan Accounting Standard 24 “Interim Fac Reporting” nd AS 3) preeibed nde sion 139, ot the Companss Act, 2012 read wih rlevar rls ls hereunder nd fer acount prices ere a ‘acceptin Inca, Our responsbiy Ito use a rept on Use Fino! Statements Boe c ot an Ne conducted our revew of ne Statement in accordance with the Standard on Review Ehogemen (SRE) 2110 "Reve of Inter Fnac Inermation Performed bythe tadependert Astor of te Coa,” aoea by the Institue of Charered Accountants of Inga. Tae standard reqares tot we fon ed fons te ‘evew to cba moderate assurance aso wheter the Statement fee of ater maaan & Tea ‘stimted primary igus of Company pesorel sod arate! procedures apple to finan Gas one thus prone fess essurence than an aud. We have ot pertormed ar aut and oenSngy, me Co ‘ores n sat opinion Based on cur review conducted a tated above netting hs come to Our attention tht causes us to beleve {tat the sccimgenying Statement, prepared In accordance wi Uw opphaic Tnonhccoung Sst a5 presse under Secon 133 of the Companies At, 2013, Bd wih wevan ues sued threat oa her sexourina pce generally accapeed in Ina, has met Gechsed the norman ace tb lsdoced in tems of Regiovon 23 of the SEBI (using Osbgatons and Dscesre Regen) Regulations, 2015, as modiied by Car No. CR/CFO/FALIGL/2016 ated Dy 5, 206, eluarg Oe Imaner in wich t's tobe asdosed, or att cota any acer mis ate For Singh & co. Charred Aeourtante Fem Registration Ne, 2D9E Roy Lonel Parner Merersip No 053518 rt e Bae Rae + NEW ELM! + BANGALORE += CHENNAD «== AHMEDABAD.Avgustt2,2016 ‘indalen Reports First Quarter 2017 Results {Unaudited Standalone) [PRDT.~ Re751 Crore vs Rs 401 Crovein Qh FY 16 ‘+ Aluminium - Strongoperatonal performance in a challengingmocrosconomic environmenteficency ‘gains and ower input costchelped deliver robustreslts + Sigifant visibly over coal sourcing and cost. Around 25% annual requirement locked in during recently concluded lnkageeuctions ata reasonable premium to Govt. notified prices ‘+ Copper-tower production due to planned maintenance shutdown, Plant Ramping up smoothly post Hindalco industries Limited, the fagsip company of the Aliya Birla Group, today announced its unsuited results forthe quarter ended 30 une 2016 rst Quarter Hahlights: ‘The company attained Revenues ofR 7,597 Crore, PRITDA wasup 24% at Re 1351 Crore and Net Prof soared 381% (0 R294 Crore yoy. ‘+ Aluminium production increased 1795 to 308 KT, significant cost eficencies achieved Supportive input costs with decline n coal and crude derivative pices ‘+ strong grow in aluminum Value Added Products (FRP and Exruslons) up 12%, Wiee Rod Production Increased 094 refecunga strong focuson power sector + Copper production was lower owing to planned annual maintenance shutdown. However, post shutdown ‘he plantisramping up smeethy. inane Miglights: ‘Standalone Tas. ror) ‘qu17 une ‘Revenue from Operations 75973 35753 PEITDA 13509 20087 Depreciation 502 307 Finance Costs 5936 6040 Profit before Tae ain 700. "Tax Expenses 1189 36 Profit from Continuing Operations 2983 aia Profit (Lass) frm Discontinued Operations (Net of Tax) (02) 3) [et Profit for the Period Boe eid Basle EPS - Rupees as 030 Revenues forthe garter wee ler by 2196 compared tothe corresponding quattro he previous nani year due to star deine in relistons In spite of the all nahin realists, YOY, aluminiom revenues were ghee by 836 onthe ack of strong volume growth, however a 28% drop in copper revenues negated thinerease‘A36% decline in copper volumes dv wo planned maintenance shutdown along with lower realisations pated the impact of higher sluminimn evens ‘The average LME prices (USD) fr aluminium and copper were ower by 1% and 2% respectively vs QUFYI6. In ‘Aluminium Busines. impact vas more severe due to sharpfalin he acl market premiumichdecned by as muchas 0% Connnued strong imports of aluminurin the coun ls adversely acted the ests. Astong intense aluminitn valesin in with higher production and value addidonhlped partly ofthe impact of starp fall In realstionsWeaker Rupee ako enabled partly ofet the effect of the drop In ‘ealsatons.The cost of most inputs continued to remain benign for second consecutive quarter The wer cost of| ‘Faw materials especialy energy puts, was a major rele dering the quater, YOY. quartet Pofe before Ines Tax.Depreiation and amorsnton(PBITDA) at Re 1,2Stcrore wis higher by 34% This refleets robust operational performance nobwithandingthe macro-economic headwinds pretation and finance charges ats 838 cor apanstRs03Scrove daring QUEY16 were brody sable Profit before tax fr the quarter at Re61crore was sharply higher han tht inthe corresponding quarter ofthe rovious year to strong opeational ginsNet prof for QUFYI7atRS294 Crore, wasmuch bettehan that in urns. Nindaeo bas adopted naan Acwountng Standards (Ind AS) wet 16 April, 2016 at mandated by the Misty of Corporate fairs Figures of quar ended 30*June, 2015 have ben revised to comply with Ind AS Seamental Res eae ani anvie Akamiium pet tevenve saa 886 Earnings before Finance Cots ception ems, Tax Expenses. a oa Depreciation and Amoruzation (Including Impairment) (EBITDA) copper seement Revenue 3316 4eu4 Earnings before Finance Costs, Exceptional Items, Tax Expenses, es a0 Depreciauon and Amortization imcluding Impairment) (EBITDA) Aluminium Business: During the quarter, Alumina prodston (lading Wal refinery) at 708 KT kl tonne) was 109% higher vi: avis ‘hatin QUFY16. Aluminium metal production stood at SOBKT and was up 17% on YoY bass. Mgher production Improved eficiencieswith he statsation of operation and supportive input cost resuled ina hithe EBITDA of Rss0tcror an increas of 64% oter the corresponding quarter ofthe previous year. The standalone financial donot clade Ua andl performance.Copper Business; ‘The Copper businessfinncal resus ware impscted due lower production vlumes on account ofthe scheduled anual maintenance shutdown. YoY Cathode production for QFY17 a 65 KT was ower by 36%, resulting in ower euphare sid production However Ferner (DAP) production inerazod by 20% 0 94 KTwth the ramp up af expanied acy. On YoY basis the EBIDTA of copper segment was 29% lower at Rs284 Crore ‘The divestment of Aaya Bisa Mineral Led (ABML) was completed in July 201€\n ine withthe company’s focus on ‘monetsation of non-core assets ‘Coal security: ‘The Company Secured around 25% of ts coal requirement inthe cently concluded coal lnkage auctions, at a reasocabe premium to government ntifd price, This, along with the existing Ung for Renusagarpower plant and captive coal mines will provide adequate coal security andgood vistilty to power cost for aluilure produion. This (sa siglcant development, considering the Companys cos competiive alumina value ‘hain cluding UtalAlumina, which wl help bolster ou cost compesivenss The Company delivered robust operational performance in adverse macroeconomic conditions. Its operational performance was also supported by deflationary energy prices. The macroeconomic headwinds stl persist and the uncertain global mace factors pose several challenges The high level of imports continue o impact domestic sales volumes, Hindalco continues to focus on operational excellence, Ngher value ‘ado, customer centricty and cash conservation totide over these sues ep oc tr horny Dr sane Road Worl Mumba-400 020 dato adiybicacom Corporate Went No. 27020MNS9SQPLCO11298