Press Release

Date: October 23, 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: Press Release Q2 FY’27. Ref: Reg. 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. NSE Symbol: KSOLVES; BSE SCRIP CODE: 543599; ISIN: INE0D6I01023. Dear Sir/Madam, Please find attached herewith the press release for Q2 FY’27. This is for your information and records. For Ksolves India Limited Manisha Kide Company Secretary and Compliance Officer Ksolves Reports H1FY27 Revenue at ₹79.24 Cr, up 2.5% YoY; PAT at ₹16.45 Cr, up 10.9% YoY; Achieves Select Partner Status with OpenAI and Anthropic; Declares Second Interim Dividend of ₹1 per Share; Total FY27 Interim Dividend at ₹5 per Share Noida, India – 23rd October, 2026: Ksolves India Limited (BSE: 543599) (NSE: KSOLVES), a globally trusted IT services and solutions provider, announced today its financial results for the Second Quarter & Half Year of FY27 ended on 30th September, 2026. Commenting on the results, Ratan Srivastava, Founder, Chairman & Managing Director, Ksolves India Limited, said, “H1FY27 reflects our continued focus on profitability, delivery efficiency and strengthening our AI capabilities despite a challenging operating environment. Q2FY27 revenue moderated due to client-specific ramp-downs and cautious technology spending; however, one of our large accounts has started scaling back up, and we expect a gradual recovery from Q4FY27 onwards. We continued to strengthen our AI proposition, achieving Select Partner status with both Anthropic’s Claude Partner Network and the OpenAI Partner Network, supported by certified talent and live production deployments. During the quarter, we secured strategic engagements across banking, global ports, education, data engineering and enterprise technology, including an Agentic AI mandate for a bank aimed at enabling 24x7 AI-led customer support and materially reducing response times. As new engagements begin contributing progressively, we remain focused on expanding our opportunity pipeline, deepening client relationships and building a leaner, AI-enabled delivery organization. These initiatives position us well to strengthen performance through H2FY27 and deliver sustainable, profitable growth in the coming years. Commenting on the results, Umang Soni, Chief Financial Officer, Ksolves India Limited, said, “Despite revenue moderation in Q2FY27, profitability remained resilient, with the EBITDA margin at 25.7%, within our guided range of 25–30%. Disciplined cost management and AI-led delivery efficiencies supported margins in a softer revenue environment. For H1FY27, revenue stood at ₹79.24 crore, while PAT increased 10.9% year-on-year to ₹16.45 crore with PAT margin of 20.8%. We remain focused on improving utilization and revenue productivity while maintaining a lean cost structure. As revenue recovers, these initiatives should drive stronger operating leverage. The interim dividend declared by the Board underscores our commitment to shareholder returns.” Financial Summary Consolidated Financial Highlights for the Second Quarter & Half Year ended September 30, 2026: QoQ YoY YoY Q2FY27 Q1FY27 Q2FY26 Growth Growth H1FY27 H1FY26 Growth % % % Revenue (INR Crores) 37.80 41.44 39.67 (8.8%) (4.7%) 79.24 77.34 2.5% EBITDA (INR Crores) 9.73 12.56 12.07 (22.5%) (19.4%) 22.28 22.02 1.2% PBT (INR Crores) 9.08 12.17 11.26 (25.4%) (19.4%) 21.25 20.28 4.8% PAT (INR Crores) 7.25 9.21 8.41 (21.3%) (13.8%) 16.45 14.83 10.9% EBITDA Margin% 25.7% 30.3% 30.4% 28.1% 28.5% PAT Margin% 19.2% 22.2% 21.2% 20.8% 19.2% Key Updates – Q2FY27 ● Became a Select Partner in both Anthropic’ s Claude Partner Network and the OpenAI Partner Network. ● Strong BFSI traction: Secured three banking wins across South America, the UK and Europe, including an Agentic AI implementation. Key Wins – Q2FY27 Ksolves continues to strengthen its global footprint across key verticals, securing strategic wins and delivering mission-critical digital transformation projects. ● A fast-growing commercial bank in South America - Ksolves is delivering an Agentic AI Solution, a key strategic initiative alongside multiple Salesforce projects. ● The global ports arm of a Fortune Global 500 conglomerate - Ksolves won a one-year Salesforce Support & AMC engagement covering maintenance and enhancement of its Salesforce applications across its port operations. ● UK subsidiary of a Tier-1 African bank - Ksolves secured this to deliver 24×7 enterprise Informatica support, covering rapid incident response, expert troubleshooting, & continuity of business-critical data integration operations. ● One of Europe's largest public development banks - Ksolves secured a three-year enterprise Hadoop support contract with 24×7 coverage, along with a specialised consultancy assignment for the client’s critical data environment. ● A globally top-50-ranked public research university in Australia - Ksolves is supporting the university's Data Engineering team in its technology landscape. ● A U.S. based Salesforce ISV - Ksolves is delivering a Salesforce Agentforce (agentic AI) project along with ongoing Salesforce enhancements. ● A venture-backed U.S. communications-trust technology company - Ksolves is working on its Salesforce and MuleSoft platform. ● A UK-based nonprofit servicing to the agricultural community - Ksolves is implementing and supporting its Salesforce CRM. Our Participation in Key Industry Events ● Odoo Experience Brussels Date: 24-26 – September 2026 | Location: Belgium ● IMTS2026 Date: 14-19 September 2026 | Chicago, USA ● Odoo Experience India Date: 11-12 – September 2026 | Location: Gujarat, India ● Odoo Experience USA Date: 2-3 – September 2026 | Location: San Francisco, USA ● Frappeverse Mumbai Date: 21-22 – August 2026 | Location: Mumbai, India About Ksolves India Limited Ksolves India Limited (BSE: 543599) (NSE: KSOLVES), a globally trusted IT services and solutions provider with 14+ years of proven expertise in driving digital transformation across industries. Headquartered in India, Ksolves provide solutions across AI/ML, Big Data, Cloud Computing, Salesforce, Odoo, Data Analytics, and DevOps. With a team of ~500 professionals and offices in India, USA, UAE and Australia, Ksolves serves clients across 30+ countries, enabling scalable and future-ready digital transformation. For more information about Ksolves India, please visit www.ksolves.com For Further Information, Please Contact: Asha Gupta asha.gupta@in.ey.com Pratik Jagtap - pratik.jagtap@in.ey.com Forward Looking and Cautionary Statements This document has been prepared for information purposes only and is not an offer or invitation or recommendation to buy or sell any securities of Ksolves India Ltd (“Ksolves” "Company“), nor shall part, or all, of this document form the basis of, or be relied on in connection with, any contract or investment decision in relation to any securities of the Company. This document is strictly confidential and may not be copied, published, distributed or transmitted to any person, in whole or in part, by any medium or in any form for any purpose. The information in this document is being provided by the Company and is subject to change without notice. The Company relies on information obtained from sources believed to be reliable but does not guarantee its accuracy or completeness. This document contains statements about future events and expectations that are forward-looking statements. These statements typically contain words such as "expects" and "anticipates" and words of similar import. Any statement in this document that is not a statement of historical fact is a forward looking statement that involves known and unknown risks, uncertainties and other factors which may cause our actual results, p [Showing first 8,000 characters — download PDF for full document]