Analysts/Institutional Investor Meet/Con. Call Updates

AI summary - Q2 FY27 revenue INR852 Cr, EBITDA INR9.3 Cr, PAT negative INR26.3 Cr; H1 FY27 revenue INR1,607 Cr, EBITDA INR46.9 Cr, PAT negative INR29.7 Cr - FY27 revenue target above INR3,200 Cr; ramp-up of programs and capacity utilization key - Air freight cost INR40 Cr due to shipping delays; expected to normalize from Q3 FY27 with no air shipments post-November - Focus on cost control, operational efficiency, and improving profitability in H2 FY27 - Commodity prices easing; domestic market growth strong; FY28 growth expected around 10% - Participation in ICE, hybrid, and EV vehicle components; discussions ongoing to optimize low-margin light iron components - Management apologizes for recent quarters' losses, commits to improved execution and price negotiations with customers - Multiple analyst queries on air freight impact and profitability; management acknowledges lessons learned and corrective actions underway