Please find attached Earning Update for the quarter ended June 30, 2026.

Date: July 23, 2026 Scrip Code – 533520 IBULLSLTD BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, “Exchange Plaza”, Dalal Street, Bandra-Kurla Complex, Bandra (E). MUMBAI – 400 001 MUMBAI – 400 051 Sub: Earning Update for the quarter ended June 30, 2026 Dear Sir, Please find enclosed Earning Update of Indiabulls Limited (formerly Yaari Digital Integrated Services Limited) for the quarter ended June 30, 2026, for your information and record. Thanking you, Yours truly, For Indiabulls Limited (formerly Yaari Digital Integrated Services Limited) Ram Mehar Company Secretary Encl: as above Indiabulls Limited (formerly Yaari Digital Integrated Services Limited) Registered Office: 5th Floor, Plot No. 108, IT Park, Udyog Vihar, Phase 1, Gurgaon – 122016, Haryana | Tel/Fax: 0124 6685800 Corporate Office: One International Center (formerly IFC), Tower - 1, 4th Floor, S. B. Marg, Elphinstone (W), Mumbai – 400013, Maharashtra | Tel: 022 62498580 | Fax: 022 61899600 CIN: L64200HR2007PLC077999, Website: www.indiabulls.com, Email: support@indiabulls.com INDIABULLS LIMITED INVESTOR PRESENTATION Q1FY27 Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Indiabulls Limited (Formerly Yaari Digital Integrated Services Limited) (the “Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and world-wide, competition, the Company’s ability to successfully implement its strategy, the Company's future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cashflows, the Company's market preferences and its exposure to market risks, as well as other risks. The Company's actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third-party statements and projections. All Maps used in the Presentation are not to scale. All data, information and maps are provided "as is" without warranty or any representation of accuracy, timeliness or completeness. Indiabulls Now... ₹23,608 Cr Zero Net Debt 36.7% GDV across 112.2 L sqft Growth without leverage PAT margin (Q1 FY27) Multi-year revenue visibility across NCR, Mumbai & Owned land parcels & JVs – no borrowings Among the highest-margin listed developers in India Ludhiana ₹8,014 Cr ₹709 Cr ₹2,700 Cr FY27 launch pipeline Promoter commitment Accumulated tax credits Timed to festive-season demand across five projects ₹1000.07 crore being raised through preferential capital Tax shield on future profits enhances cash conversion Financial Snapshot – Q1FY27 Metric Revenue PAT PAT Margins Net Worth Q1FY27 ₹384.4 Cr ₹141.0 Cr 36.7% ₹3,255 Cr FY26 ₹880.7 Cr ₹346.1 Cr 39.3% ₹3,108 Cr The group has accumulated tax credits / tax loses of approximately ₹2,700 crore thereby providing tax shield for future profits. Strong Balance Sheet — Growth Without Debt ₹1,000.07 Cr ₹709 Cr Zero Preferential capital raise Promoter commitment Net debt ~71% of the raise subscribed by promoters — skin in the No construction-finance leverage; land & approvals Approved to fund GDV expansion entirely through equity game equity-funded Use of Proceeds Capital deployedbased on GDV & Joint Ventures in strategic micro- Construction acceleration for FY27 launch pipeline business expansion opportunities markets (₹8,014 Cr GDV) Equity-funded expansion preserves project economics for shareholders, no interest drag on PAT margins. INDIABULLS LIMITED REAL ESTATE BUSINESS FY27 Outlook & Guidance FY27 Objectives FY27 Commentary Launches 5 projects | ₹8,014 Cr GDV Phased with festive-season demand Pre-sales (Bookings) 3000+ crore in FY27 Focused on exceeding FY26 booking performance Collection ~ 1000 crore Milestone-linked ramp as construction progresses Revenue Recognition Accelerating Booked sales convert to P&L as milestones complete Management remains focused on delivering the FY27 launch pipeline, improving collections and bookings, advancing construction progress, and pursuing land/JV opportunities to strengthen the long-term development pipeline Performance at Glance (as on 30th June, 2026) Booking Value Collections ₹ 3,003 Cr ₹ 519 Cr Area Sold Unit Sold 22.75 Lakh Sqft 965 units Sales are early-cycle: As FY27 construction ₹2,484 Cr of booked value bookings are from recent milestones complete, this (₹3,003 Cr less ₹519 Cr launches, where collections embedded pipeline collected) is contracted follow construction-linked converts to collections and future cash flow. milestones. reported revenue. GDV Increased to ₹ 23,608 - Project Portfolio Across Stages GDV updated based on the latest project plans and business outlook Project type Launched Projects Projects to be launched in Current FY Next Year & Future Pipeline Number of Size Sales Number of Size Sales Number of Size Sales projects (L Sqft) Potential(₹ Cr) projects (L Sqft) Potential(₹ Cr) projects (L Sqft) Potential(₹ Cr) Luxury (₹4cr.- ₹6 cr.) 1 12.13 1,906 2 24.08 4,465 2 30.48 9,595 Mid-income (₹2cr.- ₹4 cr.) 2 16.55 1,744 1 12.70 1,270 - - - Commercial - - - 2 4.63 2,278 2 11.63 2,350 TOTAL 3 28.68 L Sqft ₹3,650 Cr 5 41.41 L Sqft ₹8,014 Cr 4 42.11 L Sqft ₹11,945 Cr Aggregate saleable area of 112.2 lakh sqft with a total GDV of ₹23,608 crore Note: • Upcoming launches may be executed in phases, subject to prevailing market conditions. • FY26 GDV has been revised upwards, due to higher sales realisations than previously projected for the Indiabulls Heights project. Portfolio mix – Segments & Geography Segment Mix Geographic Mix 3% 11% 12% 2% Residential Commercial NCR Mumbai Ludhiana Plotted Land Mixed Development Execution Update of Launched Projects Sales Office – Estate & Club Indiabulls Green Avenue, Kharkhoda, NCR Indiabulls Estate & Club, Sector 104, Gurugram Indiabulls Tower, Prabhadevi, Mumbai Project Launches in Current Financial Year (FY27) Owned JV Indiabulls Estate & Club, Indiabulls Tower, Projects Sector 104 Ludhiana Sector 103 Total Sector 104, Phase 3 Prabhadevi Location Gurugram Mumbai Gurugram Ludhiana Gurugram - Residential -Mid Category Residential - Luxury Commercial Res [Showing first 8,000 characters — download PDF for full document]