Updates

Q1FY27 results (unaudited): Standalone: Revenue 4.9bn +20% y-y (4.1bn) EBITDA 0.2bn +57% y-y (0.1bn) EBITDA margin 4.6% (3.9%) +70 bps y-y PAT 0.2bn +36% y-y (0.1bn) Consolidated: Revenue 5.5bn +33% y-y (4.1bn) EBITDA 0.3bn +26% y-y (0.2bn) EBITDA margin 4.6% (4.9%) -30 bps y-y PAT 0.2bn +42% y-y (0.1bn) FY26 results (audited): Standalone: Revenue 18.3bn (prior year not stated) PAT 0.6bn (prior year not stated) Consolidated: Revenue 18.4bn (prior year not stated) PAT 0.6bn (prior year not stated) Dividend: No final dividend recommended for FY26 Commentary: Management believes tax demand of Rs 247.26 million is legally sustainable and no material liability is expected; considered contingent liability.