We are enclosing herewith a copy of the Investor Presentation on the Company''s performance for the quarter ended June 30, 2026.

AI summary - Q1 FY27 vehicle sales grew 97% y-y to 46k units; revenue from operations rose 79% y-y to INR 645 Cr - EBITDA margin improved by 1650 bps y-y to 0.8%, adjusted gross margin at 22.4% (-60 bps y-y) - Industry registrations up 68% y-y; Ather enquiries and pre-orders surged 95% and 158% respectively in Q1 FY27 - Production ramping with Auric Phase 1 capacity increasing towards 50k units annually; Factory 3.0 commissioning on track for Q3 FY27 - EL scooter launch scheduled for Aug 29, 2026; production trials underway with capacity ramp to 60k units/month - Commodity cost pressures noted with rising aluminium, copper, plastics, and lithium prices impacting costs - Non-vehicle revenue contributes 14% of total; revenue per vehicle increased 4.6% y-y - Market share at 14.2% in E2W segment; working capital days improved to 54 days - Management highlights strong structural demand shift driven by policy, fuel economics, and consumer sentiment