Compliance under Regulation 30 of SEBI (LODR) Regulations, 2015

AI summary - FY26 sales volume grew 24% to 5.9 million units; revenue up 30% to INR47,270 Cr; operating PBT up 40% to INR4,975 Cr - Domestic 2W ICE sales grew 19%, international 2W sales up 31%, EV 2W sales up 33% to 370k units - Q4 revenue INR12,808 Cr (+36% y-y), EBITDA margin 13.1%, operating EBITDA INR1,679 Cr, PBT INR1,358 Cr - FY27 capacity to increase by 1.5 million units to 8.3 million; capex guidance INR3,500 Cr including INR1,000 Cr+ for capacity - FY27 growth outlook: good single-digit industry growth; scooters and EVs expected to grow faster; premium and super-premium segments strong - Supply chain challenges easing; expect Q1 FY27 growth ahead of industry; commodity inflation 3-5% of revenue, 35% offset by price hikes - TVS Credit book size INR30,631 Cr (+15%), PBT INR1,248 Cr (+22%); international business sales grew 33% to 1.58 million units - New product launches: Orbiter V1 & V2 EVs, TVS King Kargo Heavy Duty CNG, Norton new models launching FY27 Q2 - Hyundai partnership to co-develop electric 3-wheeler; details and launch timeline to be shared closer to launch - Multiple analyst queries on growth outlook, commodity inflation, capacity expansion, and international market dynamics addressed by management