Investor Presentation

Investor Presentation - Q2FY27 - Sales volume 591 MW, down 24.6% y-y and 41.2% q-q; H1 volume up 3.1% y-y to 1,596 MW - Revenue ₹1,077 Cr, down 2.9% y-y and 31.1% q-q; H1 revenue up 17.7% y-y to ₹2,641 Cr - EBITDA ₹101 Cr, margin 9.4%, down 11.78 pts y-y; H1 EBITDA ₹227 Cr, margin 8.6%, down 12.66 pts y-y - Order book increased 4% q-q to 8.2 GW with 1.7 GW new orders in Q2 - Cell plant on track for Dec 2026 first cell out and Mar 2027 commercial production - Distribution volume up 80% q-q to 259 MW; DCR volume up 71% q-q to 130 MW - BESS assembly plant to start commercial operations Apr 2027 with 7.5 GWh capacity - Integration milestones progressing to improve margins and expand supply - Industry outlook strong with solar demand growth and policy support