Ambuja Cement Media Release ‘Standalone financiel results for the year ended 31" December, 2015 “Ambuja Cements Limited today announced its audited financial resuts for the year ended ‘31% December, 2015 l [7 Year| Year | Growth (%) | | ooltbe Bs 2014__| | Sales volume = cevent | Mion tonnes Zs) 00% | [ewan Zin crores | 5%) [Operating EBITDA zine 1,928 -20.6% ines | Toes e549 ronataaer —| tears ‘a5 a Pe ia peeeareeiae ) ‘Tne cement market was subdued during the year. Cement sales volume during the last quarter ofthe year winessed growth of 5.2% as agaist flat growth fr the year as 9 whole vrrecer during the year, lower cement realisation led {0 overall net sales lower by 6.5%. omer operating costs with improved operational efficiencies have parly mitgated the inact of reduced sales realisation, Further, a provision of & 62 coves has been recognised creas contrition to District Mineral Foundation and National Mineral Exploration Trust as jor The Mines and Mineral (Development and Regulation) Amendment Act, 2015. profit before tax for the year is down by 34% on account of Iower EBITDA and due to oaitional depreciation charge of & 108 crores on implementation of Schedule I of the Companies Act, 2013 with effect from t3t January, 2016. profit afer taxis cown by 46% at & 808 crores during the year as against € 1,496 crores in the prewous year, This i due fo lower prof before tax during curent year and also due to wie back of tax provision in previous year of € 176 crores as against aditional tex pertaining to previous years of € 56 crores during current year Dividend eee soars has recommended a final dividend of 81.20 per share (60%). Together with the itermn dividend o£ 1.60 per share (20%), the total dividend for the year is & 2.80 per share (140%)3 CCl case ‘Tre Competton Commission of India (CCI, in 2012 had imposed a penalty of € 1,163.91 ores for aloged contravention of the provisions of the Competition Act, 2002. On Company's appeal, Competition Appellate Trisunel (COMPAT), vide an interim order, hac ‘stayed the penalty with a condton to deposit 10% of the penalty amount The Company had ‘doposited the said amount in compliance ofthe condition ofthe order. The COMPAT, vide its thal oder dated 11" December, 2016, while disposing ofthe said appeal. set aside the bidet of the CCI and remanded the matter to CCI for fresh adjudication and for passing @ fresh order, Zurthe, in terms of order. the Company has received the refund of deposit, along wth accumulated intrest. 4, Change in Directorate Mr Bernard Terver, Vice Chairman, has decided to retire from LafargeHolcim and therefore steps down from the Board of Directors of the Company with effect from 11" February, 2016. The Board of Directors placed on record its warm appreciation of the rch contribution rade by. Me Terver during his tenure with the Company. Mr Eric Olsen, CEO of Lafargetfoicm and the Director on the Board of the Ambuja has been named as Vice Ghaiman. lr Matin Kriegner, curently the Area Manager of Central Europe for {afargetolee, has been inducted onthe Board as Adidtional Director with effect fom the 41" February, 2016. Mr Kriegner has been withthe group since 1990 and has held several leadership posions in Asia and Europe, including as CEO of Lafarge India between 2012 and 2018. 5. Projects During the year the Company has: 2) Installed a Roller Press of 0,9 Millon tonne at its Sankrail grinding unit in West Bengal 1) Commissioned @ Waste Heat Recovery System of 6.5 MW at is Rabriyawas unt in Rajasthen «) Successuly secured a coal block at Gare-Paima Secto-1V/8 in Chhattisgarh. The capex. {or the development ofthis coal block is expected to be approximerely € 370 crores and the mining operation is expected to commence inthe year 2018, 6. Outlook ‘The long tem outlook for cement demand remains postive considering Governments focus ‘on housing, concrete roads, smart cites and infrastructure development, Ambuja Cement: ‘aru fen on improving operator tess / th ‘iby Kapur Naneging Decor 8 CEO Numba, 1 ery, 2018