Dear Sir/Madam Please find attached herewith the transcripts of Investor Call Q1FY27. Thanks and Regards, Manisha Kide Company Secretary and Compliance Officer

Date: July 22, 2026 Listing Compliance Listing Compliance National Stock Exchange of India Ltd. The Bombay Stock Exchange Limited, Exchange Plaza, Plot no. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Bandra (E) Dalal Street, Mumbai – 400051 Mumbai – 400 001. Subject: Earning Call Transcripts of Q1 FY’27 dated July 15, 2026. Ref: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. BSE Scrip Code: 543599; NSE Symbol; KSOLVES; ISIN: INE0D6I01023. Dear Sir/Madam, Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the transcripts of Post Earnings Conference Call- Q1 of FY’27. You may also find the transcripts on company’s website at www.ksolves.com This is for your information and records. For Ksolves India Limited Manisha Kide Company Secretary and Compliance Officer “Ksolves India Limited Q1FY27 Earnings Conference Call” July 15, 2026 MANAGEMENT: MR. RATAN SRIVASTAVA — CHAIRMAN AND MANAGING DIRECTOR MR. UMANG SONI-— CHIEF FINANCIAL OFFICER MR. MANISH GURNANI-— CHIEF TECHNICAL OFFICER MR. DARPAN AUDICHYA — HEAD BUSINESS TRANSFORMATION AND CONSULTING MODERATOR: MS. SIDDHI JAIN — FINPORTAL INVESTMENTS PRIVATE LIMITED (IR) Q1FY27 Earnings Call 15th July, 2026 Moderator: Good afternoon, everyone, and welcome to the Q1FY27 Earnings Call of Ksolves India Limited. We sincerely thank you all for joining us today. During this call, the management will discuss the company's operational and financial performance for the first quarter of FY27, followed by an update on key business developments, strategic priorities, and the outlook ahead. This will be followed by an interactive question and answer session. Before we begin, I would like to remind everyone that certain statements made during this call may be forward-looking in nature. These statements are based on the management's current expectations and assumptions, and are subject to various risks and uncertainties. Actual results may differ, and we advise the participants to not place undue reliance on these statements. Please also note that this call is being recorded for compliance purposes. Representing the management today, we have with us: • Mr. Ratan Srivastava, Founder, Chairman, and Managing Director • Mr. Umang Soni, Chief Financial Officer • Mr. Manish Gurnani, Chief Technical Officer • Mr. Darpan Audichya, Head of Business Transformation and Consulting I now invite the management team to deliver their opening remarks. Thank you, and over to you. Ratan Srivastava: Thank you. Welcome, and thank you, everyone, for joining our Q1FY27 earnings call. Before I begin, I would like to acknowledge a significant milestone in Ksolves’s journey. We recently completed six years as a listed company, having made our debut on the NSE on July 6, 2020. Over these six years, we have: • Built a scalable technology services platform • Expanded our global customer base • Delivered consistent, profitable growth • Strengthened our position as a trusted technology partner for enterprises worldwide We began FY27 with geopolitical tensions and macro uncertainty that have made clients more cautious with technology budgets globally, and that caution has been visible across the industry. Clients are tightening budgets, delaying decisions, and rethinking their technology roadmaps, while continuing to experiment with newer AI tools and delivery models that can deliver measurable business outcomes. Against that backdrop, our consolidated revenue for the quarter ended 30th June,2026, stood at Rs. 41.4 crore. It is up 10% year on year, and sequentially moderated by 3.7%. The sequential moderation during the quarter was primarily driven by reduced technology spending and the ramp-down of selected engagements by certain large clients, as they recalibrated their technology investments in response to the prevailing macroeconomic environment and cost optimisation priorities. As some of these Page 2 of 14 Q1FY27 Earnings Call 15th July, 2026 engagement ramp-downs occurred towards the end of the quarter, we expect the full impact to be reflected over the next two to three quarters, resulting in some near-term revenue softness. In response, we have intensified our sales and pipeline-building efforts to offset this impact. Also, we are seeing mixed signals in the market, with several customers who were previously cautious on AI adoption now moving forward with new initiatives and awarding new business. At the same time, we are pursuing prudent cost management initiatives to protect the bottom line, even in a period of softer sales. EBITDA for the quarter stood at Rs. 12.56 crore. It is up 26.2% year on year and broadly flat sequentially. EBITDA margin expanded by 389 basis points year on year, despite the softer revenue environment. PAT for the quarter was Rs. 9.21 crore, up 43.3% year on year and down 5% sequentially, in line with the revenue movement. PAT margin improved to 22.2% from 17.1% in Q1FY26. EPS rose from Rs. 2.71 per share to Rs. 3.88 per share, up 43% year on year. In view of these volatile market conditions and the cautious customer spending environment we are seeing globally, it would not be prudent for us to reaffirm the revenue guidance for the current financial year at this stage. That said, we remain optimistic. We are watching market conditions closely, and we continue to pursue new customers and new markets to build our pipeline for the year ahead, with multiple recent wins across our technology offerings. We have strengthened our global sales leadership by appointing Eric Paul as the VP and Head of Global Sales, and Najib Saiyed as the Head of Sales, North America. Both leaders bring deep regional networks and enterprise relationships that will accelerate Ksolves’s sales pipeline across North America and its key AI/ML, Big Data, Salesforce, and Odoo service lines. We continue to target EBITDA margin, as guided earlier, in the 25% to 30% range for the full year and on a quarter-on-quarter basis. AI-enabled delivery continues to improve execution efficiency and enhance team productivity, enabling us to scale more efficiently while maintaining a disciplined approach to hiring. We expect EBITDA margin to move towards the upper end of our target range as revenue scales and demand improves, with further potential for improvement in EBITDA margin through better operating leverage. The near-term environment requires patience and focused execution, and we are approaching it with exactly that mindset. Our long-term positioning, client relationships, margin architecture, AI capability, and balance sheet strength all remain intact. FY27 will be a year of disciplined navigation, and our priority is to emerge with a broader client base, a stronger deal pipeline, and a more diversified revenue profile than we entered the year with. The conclusion is this: • We will keep working on increasing the pipeline and getting more and more business • We will focus more and more on AI, and we will take more and more AI initiatives for the coming two to three quarters, and for this year • As I said, on margins, we would be able to maintain between 25% to 30% Page 3 of 14 Q1FY27 Earnings Call 15th July, 2026 • In the next two to three quarters, you may see softer revenue, but if it improves, then margins can go to the upper side Thank you, everyone. I will now hand over to Umang to take you through the financials in detail. Umang, over to you. Umang Soni: Thank you, Ratan. Good day, everyone, and a very warm welcome. I hope everyone would have got a chance to look at the earnings presentation and the press release by now. I will now take you through the detailed financial performance for Q1FY27. Starting with the revenue performance, our revenue for the quarter stood at Rs. 41.4 crore, with 10% YoY growth, and on a sequential basis, revenue moderated by 3.7%. We got a much broader outlook [Showing first 8,000 characters — download PDF for full document]