Outcome of Board Meeting

Q2FY27 results (unaudited): Standalone: Revenue 146.9bn +21% y-y (121.3bn) EBITDA 19.7bn +8% y-y (18.3bn) EBITDA margin 13.4% (13.4%) +/-0 bps y-y PAT 14.6bn +5% y-y (13.9bn) Consolidated: Revenue 149.7bn +23% y-y (122.2bn) PAT 18.6bn +41% y-y (13.1bn) H1FY27 results (unaudited): Standalone: Revenue 276.9bn +28% y-y (217.1bn) EBITDA 36.9bn +15% y-y (32.1bn) EBITDA margin 13.3% (14.8%) -150 bps y-y PAT 29.1bn +16% y-y (25.2bn) Consolidated: Revenue 280.9bn +28% y-y (219.5bn) PAT 32.8bn +8% y-y (30.3bn) Dividend: Rs 185/share total for FY26 (record date August 5, 2026) Commentary: Results include a Rs 3.97bn gain from equity consolidation of an associate following capital raise; strong volume growth led by scooters and ICE motorcycles; expansion into new markets and premium segment focus.