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The Sales for the quarter ended March 2018 of Rs. 630.10 million declined by -92.95% from Rs. 8939.30 millions.The Net Loss for the quarter ended March 2018 is Rs. -2953.90 millions as compared to Net Profit of Rs. 1388.80 millions of corresponding quarter ended March 2017Operating profit Margin for the quarter ended March 2018 slipped to -340.80% as compared to 653.30% of corresponding quarter ended March 2017 (Rs. in Million) Quarter ended Year to Date Year ended 201803 201703 % Var 201803 201703 % Var 201703 201603 % Var Sales 630.10 8939.30 -92.95 26221.70 44427.80 -40.98 43576.20 69243.60 -37.07 Other Income 237.20 183.90 28.98 691.80 619.60 11.65 547.30 627.40 -12.77 PBIDT -340.80 653.30 -152.17 241.50 2655.80 -90.91 2655.80 534.10 397.25 Interest 1979.90 463.20 327.44 6471.70 6089.80 6.27 6089.80 5053.30 20.51 PBDT -2320.70 190.10 -1320.78 -6230.20 -3434.00 81.43 -3434.00 -11697.30 -70.64 Depreciation 633.20 634.90 -0.27 2581.20 2853.20 -9.53 2853.10 2818.40 1.23 PBT -2953.90 -444.80 564.10 -8811.40 -6287.20 40.15 -6287.10 -14515.70 -56.69 TAX 0.00 -1833.60 0.00 0.00 -1833.60 0.00 -1833.60 -4044.40 -54.66 Deferred Tax 0.00 -1833.60 0.00 0.00 -1833.60 0.00 -1833.60 -4457.70 -58.87 PAT -2953.90 1388.80 -312.69 -8811.40 -4453.60 97.85 -4453.50 -10471.30 -57.47 Equity 1422.60 1422.60 0.00 1422.60 1422.60 0.00 1422.60 1422.60 0.00 PBIDTM(%) -54.09 7.31 -840.08 0.92 5.98 -84.59 6.09 0.77 690.17

The sales declined to Rs. 10073.70 millions for the June 2017 quarter as compared to Rs. 13390.30 millions during the corresponding quarter last year.The Net Loss for the quarter ended June 2017 is Rs. -1925.30 millions as compared to Net Loss of Rs. -2334.00 millions of corresponding quarter ended June 2016A decline of 252.50 millions was observed in the OP in the quarter ended June 2017 from 579.90 millions on QoQ basis. (Rs. in Million) Quarter ended Year to Date Year ended 201706 201606 % Var 201706 201606 % Var 201703 201603 % Var Sales 10073.70 13390.30 -24.77 10073.70 13390.30 -24.77 43576.20 69243.60 -37.07 Other Income 165.00 188.30 -12.37 165.00 188.30 -12.37 547.30 627.40 -12.77 PBIDT 252.50 579.90 -56.46 252.50 579.90 -56.46 2655.80 534.10 397.25 Interest 1534.60 2124.50 -27.77 1534.60 2124.50 -27.77 6089.80 5053.30 20.51 PBDT -1282.10 -1544.60 -16.99 -1282.10 -1544.60 -16.99 -3434.00 -11697.30 -70.64 Depreciation 643.20 789.40 -18.52 643.20 789.40 -18.52 2853.10 2818.40 1.23 PBT -1925.30 -2334.00 -17.51 -1925.30 -2334.00 -17.51 -6287.10 -14515.70 -56.69 TAX 0.00 0.00 0.00 0.00 0.00 0.00 -1833.60 -4044.40 -54.66 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 -1833.60 -4457.70 -58.87 PAT -1925.30 -2334.00 -17.51 -1925.30 -2334.00 -17.51 -4453.50 -10471.30 -57.47 Equity 1422.60 1422.60 0.00 1422.60 1422.60 0.00 1422.60 1422.60 0.00 PBIDTM(%) 2.51 4.33 -42.12 2.51 4.33 -42.12 6.09 0.77 690.17

With reference to news appeared in Economic Times dated January 19, 2017 quoting ‘Aion Capital Plans to Take Over Uttam Galva Steels from Miglanis’, Uttam Galva Steels has submitted a copy of Clarification.The above information is a part of company’s filings submitted to BSE.

The Exchange has sought clarification from Uttam Galva Steels on January 19, 2017 with reference to news appeared in Business Standard dated January 19, 2017 quoting ‘Aion Capital Plans to Take Over Uttam Galva Steels from Miglanis’.The above information is a part of company’s filings submitted to BSE.

Uttam Galva Steels has submitted the Shareholding Pattern for the Period Ended December 31, 2016. The above information is a part of company’s filings submitted to BSE.

With reference to news appeared in Business Standard dated August 18, 2016 stating ‘Chinas Tidfore to pick up stake in Uttam Galva’, Uttam Galva Steels has submitted a copy of clarification.The above information is a part of company’s filings submitted to BSE.

Uttam Galva Steels has informed about Standalone Financial Results & Limited Review for the period ended June 30, 2016.The above information is a part of company’s filings submitted to BSE.

With reference to news article flashed on CNBC TV 18 stating ‘Uttam Galva likely to sell Khopoli & Wardha plant’, Uttam Galva Steels has submitted a copy of Clarification.The above information is a part of company’s filings submitted to BSE.

The Exchange has sought clarification from Uttam Galva Steels on July 27, 2016, with reference to news article flashed on CNBC TV 18 stating ‘Uttam Galva likely to sell Khopoli & Wardha plant’.The above information is a part of company’s filings submitted to BSE.

The Exchange has sought clarification from Uttam Galva Steels with reference to the news flashed on CNBC TV 18 ‘Uttam Galva likely to be put on the block soon’.The above information is a part of company’s filings submitted to BSE.

Uttam Galva Steels has informed about Outcome of Board Meeting held on May 27, 2016.The above information is a part of company’s filings submitted to BSE.

With reference to the news appeared in DNA stating, ‘India Ratings downgrades Uttam Galva to default grade’. Uttam Galva Steels has submitted a copy of clarification.The above information is a part of company’s filings submitted to BSE.