Press release on financial results Q2 & H1FY27

22nd October 2026 To, To, BSE Limited National Stock Exchange of India Limited Floor 25, P J Towers, Dalal Street Exchange Plaza, Bandra Kurla Complex Mumbai – 400 001 Bandra (E), Mumbai – 400 051 Scrip Code: 513519 Scrip Code: PITTIENG Dear Sirs, Sub: Press Release ***** In terms of regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 please find attached a press release on Financial Results Q2 & H1FY 27. Request you to kindly take the same on record. Thanking you, Yours faithfully, For Pitti Engineering Limited Mary Monica Braganza Company Secretary & Chief Compliance Officer FCS:5532 Press Release PITTI ENGINEERING LIMITED Hyderabad, 22nd October 2026 – Pitti Engineering Limited, India’s one of largest producer of electrical steel laminations and machined components, announced its Unaudited Financial Results for the second quarter and half year ended 30th September 2026. Q2FY27 Total Income Adj. EBITDA* Adj. PAT# Rs. 580.5 Cr Rs. 91.3 Cr Rs. 36.3 Cr +16.3% +13.6% -15.1% 15.8% Adj. EBITDA Margin 6.3% Adj. PAT Margin H1FY27 Total Income Adj. EBITDA* Adj. PAT# Rs. 1,110.5 Cr Rs. 180.1 Cr Rs. 68.2 Cr +15.3% +13.6% -0.4% 16.3% Adj. EBITDA Margin 6.2% Adj. PAT Margin *Adj. EBITDA & Adj. EBITDA Margin excluding other income & ESOP Cost # Adj. PAT post adding back ESOP cost In September 2026, Company merged its two subsidiaries – Pitti Industries Private Limited and Dakshin Foundry Private Limited with their parent entity, Pitti Engineering Limited. Accordingly, financial results for Q2 & H1FY27 are reported on a standalone basis, whereas previous period numbers are restated Capex Update • Announced a Rs. 450 crore capex to expand laminations capacity to 1,60,000 MTs and machining capacity to 13,14,000 hours in phased manner by FY31 • Land acquisition is planned for new greenfield unit in Bengaluru, with interim capacity to be added in phases at existing and leased premises Press Release Sales Volume Breakup Sales in MT Q2FY27 Q2FY26 YoY H1FY27 H1FY26 YoY Stator & Rotor Assemblies (Laminations) - High value-added assemblies – Laminations 4,786 3,168 51.1% 8,929 6,189 44.3% - Stator frame or Rotor shaft integrated 1,350 1,146 17.8% 2,562 2,142 19.6% assemblies – Laminations - Loose Laminations and low value - added 14,476 11,801 22.7% 27,374 22,998 19.0% assemblies Total Laminations 20,612 16,115 27.9% 38,865 31,329 24.1% - Other Machined components going into 1,059 1,144 -7.4% 2,024 2,185 -7.4% laminations & assemblies Total Lamination & Assemblies 21,671 17,259 25.6% 40,889 33,514 22.0% Total Castings & Machined Components 3,086 2,897 6.5% 6,054 5,958 1.6% By products & Scrap 21,081 12,498 68.7% 36,655 23,926 53.2% Value added products Volume based products By Products & Scrap Commenting on the results, Mr. Akshay S Pitti, Managing Director & CEO said, “We have delivered a healthy performance in Q2FY27, with total income growing 16.3% year-on-year to ₹581 crore, supported by strong volume growth in laminations and assemblies. This performance reflects the underlying demand across our end-markets and the strength of our customer relationships. Building on this momentum, we are announcing a ₹450 crore investment in a new greenfield facility in Bengaluru to consolidate our laminations operations and progressively increase our sheet metal capacity to 1,60,000 MT and machining capacity to 13.14 lakh hours by FY31. This investment is backed by our confidence in the long-term demand outlook and our ambition to strengthen our position as an integrated engineering partner to global customers. With strong order visibility and opportunities across railways, data centres, mining and industrial applications, we will continue to expand our capabilities in a phased manner, align capacity with customer requirements and maintain a disciplined approach to capital allocation as we build a stronger platform for sustainable growth.” Press Release About Pitti Engineering Limited: Pitti Engineering is India’s largest manufacturer and exporter of electrical laminations and a prominent player in the production of machined castings and fabricated components. The company specializes in manufacturing a wide range of products, including electrical steel laminations for motors used across diverse range of electrical applications, company has evolved into a comprehensive solutions provider offering a wide portfolio which includes motor cores, sub-assemblies, die-cast rotors, and press tools. Safe Harbour Statement: This document may contain forward-looking statements about Pitti Engineering Limited and its Subsidiaries, which are based on the beliefs, opinions, and expectations of the company’s management as the date of this Investor release and the companies do not assume any obligation to update their forward-looking statements if those beliefs, opinions, expectations, or other circumstances should change. These statements are not the guarantees of future performance and involve risks and uncertainties that are difficult to predict. Consequently, readers should not place any undue reliance on such forward- looking statements. For more information, please contact Company : PITTI ENGINEERING LIMITED CIN: L29253TG1983PLC004141 For updates and specific queries, please visit www.pitti.in or feel free to contact us shares@pitti.in Investor Relations : Strategic Growth Advisors CIN: U74140MH2010PTC204285 www.sgapl.net Mr. Sagar Shroff – sagar.shroff@sgapl.net / +91 98205 19303 Mr. Ayush Haria - ayush.haria@sgapl.net / +91 98204 62966