BOROSIL RENEWABLES: GUIDANCE - CONCALL UPDATE

BORORENEW

MANAGEMENT EXPRESSED CONFIDENCE IN SUSTAINING EBITDA MARGINS AT THE CURRENT LEVEL OF 33% CO EXPECTS TO ACHIEVE HIGHER SALES AND EBITDA IN COMING QUARTERS, BARRING UNFORESEEN CIRCUMSTANCES MANAGEMENT INDICATED POTENTIAL FOR SMALL EFFICIENCY IMPROVEMENTS OF AROUND 3% IN PRODUCTION THROUGH: - COMMISSIONING OF CAPTIVE POWER PLANT BY MONTH END - OPERATIONAL IMPROVEMENTS IN RAW MATERIALS AND COATING MATERIALS - PRODUCTION EFFICIENCIES