Please find enclosed herewith transcript of earnings call hosted on August 13, 2026.

AI summary - Q1 FY27 revenue 1719 Cr INR +24% y-y; EBITDA 160 Cr INR +38% y-y; PAT 56 Cr INR +18% y-y - Order bookings US$339 million in Q1; backlog US$950 million +83% y-y - FY27 guidance: revenue 7800-8000 Cr INR (+23-27%), EBITDA 725-750 Cr INR (+27-32%), PAT 300-325 Cr INR (+38-50%), EBITDA margin 9.3-9.4% - Large hyperscale data center projects drive growth; execution scale and customer trust are competitive moats - Non-data center business expected to grow ~10% with lagged impact from data center investments - FY27 cash flow to EBITDA conversion expected to improve; investments in talent largely done - Order backlog tenure 24-36 months, providing strong revenue visibility - Management confident in sequential quarterly growth and achieving FY27 guidance - Tax rate expected 10-15% in FY27-FY28, normalizing to ~20% thereafter