General Updates

Date: October 29, 2026 SE/2026-27/67 BSE Limited The National Stock Exchange India Ltd. Corporate Relation Department Listing Department Phiroze Jeejeebhoy Towers Exchange Plaza 14th Floor, Dalal Street Bandra Kurla Complex Mumbai 400 001 Bandra (East) Scrip Code: 534804 Mumbai 400 051 Scrip Code: CARERATING Dear Sir/ Madam, SUB: PRESS RELEASE AND INVESTOR PRESENTATION FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2026 Please find enclosed herewith the Press Release and Investor Presentation of CARE Ratings Limited for the quarter and half year ended September 30, 2026, as per the requirement of Regulation 30 and Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Kindly take the above on record. Thanking you, Yours faithfully, For CARE Ratings Limited Manoj Kumar CV Company Secretary & Compliance Officer Encl: As Above CARE Ratings Limited 4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off Eastern Express Highway, Sion (East), Mumbai - 400 022. Phone: +91-22-6754 3456 • Email: care@careedge.in • www.careedge.in CIN-L67190MH1993PLC071691 CARE Ratings Limited Investor Release: 29th October, 2026, Mumbai CARE Ratings Limited(NSE: CARE,BSE: 534804) The Board of Directors of CARE Ratings Limited have declared its unaudited financial results for the quarter ended 30th September 2026 Standalone Consolidated Q2 FY27 Q2 FY27 17% 20% Rs. 134.21 Crs YoY Rs. 164.13 Crs YOY Operating Income Operating Income 20% 58% 23% 52% YoY Margin YoY Margin Rs. 77.99 Crs Rs. 84.61 Crs EBITDA & EBITDA Margin % EBITDA & EBITDA Margin % 24% 46% 26% 40% YoY Margin YoY Margin Rs. 69.16 Crs Rs. 72.37 Crs PAT & PAT Margin % PAT & PAT Margin % Rs. 22.98 Rs. 23.88 EPS EPS Consolidated: Revenue Segmental Contribution Rs. 148.51 Crs Rs. 15.62 Crs Ratings Business Non-Ratings Business 21% 15% YoY YoY CLARITY. CONVICTION. CareEdge. CARE Ratings Limited Investor Release: 29th October, 2026, Mumbai CARE Ratings Limited(NSE: CARE,BSE: 534804) The Board of Directors of CARE Ratings Limited have declared its unaudited financial results for the half year ended 30th September 2026 Standalone Consolidated H1 FY27 H1 FY27 17% 20% YoY YOY Rs. 222.36 Crs Rs. 275.81 Crs Operating Income Operating Income 24% 43% 19% 50% YoY Margin YoY Margin Rs. 119.25 Crs Rs. 110.09 Crs EBITDA & EBITDA Margin % EBITDA & EBITDA Margin % 21% 26% 34% YoY YoY Margin Margin Rs. 103.04 Crs Rs. 105.36 Crs PAT & PAT Margin % PAT & PAT Margin % Rs. 34.25 Rs. 34.61 EPS EPS Consolidated: Revenue Segmental Contribution Rs. 247.22 Crs Rs. 28.59 Crs Ratings Business Non-Ratings Business 20% 18% YoY YoY CLARITY. CONVICTION. CareEdge. CARE Ratings Limited The ongoing West Asia crisis continues to weigh on the global economy, contributing to heightened economic uncertainty and increased volatility in energy prices. Despite the persistent challenges onthe global front, the Indian economy has held up relatively well logging a GDP growth of 7.8% in Q1 FY27. This performance was supported by strong investment growth which accelerated to 12% in Q1 FY27 from 10.5% in the previous quarter. Economic momentum has remained encouraging as seen in the performance in IIP growth, GST collections, auto sales. trade performance has shown signs of improvement, with merchandise exports registering encouraging growth, while services exports have remained resilient. Factoring the better-than- expected growth performance, we project full-year FY27 GDP growth to be at 7.3%. However, growth continues to face challenges from the evolving geopolitical situation and energy price risks. On the domestic front, the key risks stem from the weather-related risks and rising inflationary pressures. Fund raising activity in the economy improved in the first half of the current fiscal year. Commercial paper issuances increased sharply by 24.1% (y-o-y) to Rs 11.1 trillion in H1 FY27. Corporate bond issuances were muted rising by just 1.7% (y-o-y) to Rs 5.8 trillion in H1 FY27. However, corporate bond issuances saw a sharp uptick in Q2 after four consecutive quarters of contraction. The rebound was likely driven by firms front-loading borrowings to lock in lower interest rates ahead of the expected rate-hike cycle. Bank credit grew by 19.1% (y-o-y) as of end-August 2026 compared to 10.3% growth in the same period a year ago. Industrial bank credit growth accelerated to 18.2% (y-o-y) compared to 7% growth a year ago. More specifically, credit to large industries showed a strong improvement rising by 14.9%, up from 2.4% growth last year. Services sector credit growth also remained upbeat rising by 24.3%, compared to 10.3% growth a year ago. The domestic economic momentum is expected to remain healthy in FY27 despite some moderation in the second half. However, inflationary pressures in the economy have shown a rising trend. Furthermore, the inflation outlook also faces headwinds from the uncertain global conditions, deficient southwest monsoon and El Nino concerns. Given the risks to inflation, the RBI hiked its policy repo rate by 25 basis points to 5.50% in its October meeting. Looking ahead, geopolitical and weather-related risks, along with their potential impact on growth and inflation, warrant close monitoring. Note: Data on corporate bond issuances includes public issues and private placements. This data was extracted from Prime Database on October 15th, 2026. Commenting on the results for Q2 and H1FY27, Mehul Pandya, Managing Director & Group CEO ofCareEdge, said: The resilience shown by the Indian economy amidst the global headwinds is noteworthy and reflects that the journey towards Viksit Bharat remains on track. At CareEdge, we have sustained the momentum of the preceding quarters to report an all round good performance covering all companies within the Group. For H1FY27, the operating income increased by 17% on a standalone basis, and by 20% on a consolidated basis. The ratings as well as non-ratings businesses reported robust growth of 20% and 18% during the period. Profitability and profit margins continued to remain healthy, with sustained growth at the standalone as wellas consolidated basis. CLARITY. CONVICTION. CareEdge. CARE Ratings Limited We continued our outreach activities with our landmark event, CareEdge Conversations Landscape, Vision for Viksit that was graced by Shri Gautam Adani, Chairman Adani Group as the Chief Guest. CareEdge Global Ratings marked the second anniversary of its operations at GIFT City with an event graced by Shri K. Rajaraman, Chairperson, IFSCA. The event saw participation by policymakers, diplomats, corporates & investors. One of the highlights of the event was the release of a well researched publication, A Case for Reforms: Building Sovereign Resilience in an Evolving . We remain resolutely on course in our commitment towards Quality led Growth across the Group. The Board of Directors have declared an interim dividend of Rs. 10/- per share (each having a face value of Rs. 10/- per share) for the second quarter of FY27. About CareEdge CareEdge is a knowledge-based analytical group offering services in Credit Ratings, Analytics, Consulting and Sustainability. Established in 1993, the parent company CARE Ratings Ltd (CareEdge Ratings) is second-largest rating agency, with a credible track record of rating companies across diverse sectors and strong position across the segments. The wholly-owned subsidiaries of CareEdge Ratings are (I) CARE Analytics & Advisory Private Ltd (II) CARE ESG Ratings Ltd, and (III) CareEdge Global IFSC Ltd. CareEdge other international subsidiary entities include CARE Ratings (Africa) Private Ltd in Mauritius, CARE Ratings South Africa (Pty) Ltd, and CARE Ratings Nepal Ltd Safe Harbor Statement Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential project character [Showing first 8,000 characters — download PDF for full document]