Compliance under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015

AI summary - Q2 FY27 sales volume grew 27% to 1.9 million units; revenue up 44% to INR17,103 Cr - EBITDA rose 47% to INR2,219 Cr; margin improved 30 bps to 13% - Profit after tax increased 52% to INR1,377 Cr; H1 revenue grew 41% to INR30,999 Cr - Board approved demerger of consumer finance business for strategic focus and shareholder value - Domestic 2W ICE sales up 16%, EV sales up 129%; international 2W sales up 33% - TVS Credit disbursed loans to 14 lakh customers; book size grew 22% to INR33,818 Cr - EV capacity expanding to 80,000 units; rural EV growth outpacing urban - Pricing increases of ~1.6% vs material cost rise of ~1.9% in Q2; further small hikes expected - Scooter category share at 41%, with ICE stable and EV growing; new product launches ongoing - Norton brand expanding in Europe and India; investments ongoing with new models planned - Demerger process expected to complete in 8-10 months post regulatory approvals - Management confident of continued margin expansion and outperformance vs industry