Outcome of Board Meeting

FY26 results (audited): Consolidated: Revenue 5.05tn +86% y-y (2.16tn) EBITDA not defensibly derivable PAT 108.2bn +913% y-y (10.8bn) H1 FY27 results (unaudited): Consolidated: Revenue 3.13tn +45% y-y (2.16tn) EBITDA 110.5bn +47% y-y (7.5bn) EBITDA margin 35.3% (34.7%) +60 bps y-y PAT 76.2bn +79% y-y (42.6bn) Q2 FY27 results (unaudited): Consolidated: Revenue 1.58tn +39% y-y (1.13tn) EBITDA 55.7bn +39% y-y (39.9bn) EBITDA margin 35.3% (35.3%) +0 bps y-y PAT 38.2bn +61% y-y (23.8bn) FY26 results (audited): Standalone: Revenue 1.07tn PAT 15.6bn H1 FY27 results (unaudited): Standalone: Revenue 527.0bn PAT 44.4bn Dividend: 1 INR/share (approved Sep 25, 2026, paid Oct 3, 2026) Commentary: The company is progressing with its 6 GW integrated TOPCon module and cell manufacturing expansion, expected to commission module line by Dec 2026 and cell line by Mar 2027, increasing capacity to 16.3 GW modules and 8.9 GW cells. The expansion is funded largely through internal accruals and aims to strengthen domestic sourcing and supply-chain resilience.