Commenting on the performance for the quarter, in a joint statement, Mr. Ajay Shriram, Chairman & Senior Managing Director, and Mr. Vikram Shriram,Vice Chairman & Managing Director, said:

“ThecompanyachievedsatisfactoryresultsinQ1’18ledbysignificantvolumeandprofitsgrowthin

Chemicalsand Sugar Business.Other businesseswitnessedstableperformance.

The Expanded Chlor-Alkali capacity at Bharuch, is operating satisfactorily. Capacity utilization is registering steadygrowth.We are pursuing forward integration into Chlorine consuming chemicals which will further strengthen our Chlor-Alkali businesses.Accordingly,the Board has approved setting up Aluminum Chloride business/ plant which will be commissioned by June’18. Our ongoing project tofurther enhance Chlor-Alkali capacity(liquid &flakes) at Kota is planned to be commissioned by June’18.