Investor Presentation on the financial results for the quarter ended on 30th June 2026

AI summary - Q1 FY27 sales volume up 29.3% y-y to 682,724 units - Net sales rose 36.4% y-y to 499.6bn INR; PAT down 10.8% y-y to 33.5bn INR - Material cost increased 600 bps y-y due to commodity prices and forex impact - Operating EBITDA margin declined 400 bps y-y to 8.6% due to cost pressures - Domestic sales grew 29.5% y-y; exports up 28.6% y-y - Capacity expansion at Kharkhoda increased depreciation expense - Positive factors: operating leverage and cost reduction efforts - Q1 FY27 vs Q4 FY26: sales volume +1%, PAT down 6.6%, EBITDA margin down 370 bps