BALRAMCHIN

Ethanol business remains the biggest growth driver

1. Ethanol business remains the biggest growth driver Balrampur Chini continues benefiting from India’s ethanol blending program. The company has been increasing ethanol production capacity to capitalize on rising demand from oil marketing companies. 2. Strong position in integrated sugar and ethanol business The company is considered one of India’s leading integrated sugar producers with significant exposure to: Sugar manufacturing Ethanol production Power cogeneration 3. Expansion of ethanol capacity Balrampur Chini continues investing in distillery expansion projects to increase ethanol output and improve long-term profitability. Ethanol is increasingly contributing to earnings stability compared to the cyclical sugar business. 4. Sugar sector supported by government policies Industry sentiment remains linked to: Ethanol blending targets Sugar export policies Cane pricing decisions Government support measures 5. Strong operational performance Recent quarterly performance has remained supported by: Healthy sugar recovery rates Better ethanol contribution Efficient operations 6. Investors closely tracking sugar production trends Market participants are monitoring: Sugar output levels Cane availability Weather conditions Recovery percentages during the crushing season 7. Renewable energy and sustainability focus The company continues generating power through cogeneration facilities, supporting operational efficiency and sustainability initiatives.