Press Release

GSPL TRANSMISSION LIMITED Regd. Office: GTL Bhavan, E-18, GIDC Electronics Estate, Nr. K-7 Circle, Sector-26, Gandhinagar - 382028, Gujarat, India Tel : +91-79-23268500/600 Website: www.gspltrans.com Ref: GTL/S&L/2026-27 Date: 3 November, 2026 To To The Manager (Listing) The Manager (Listing) The BSE Limited, The National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, "Exchange Plaza", Bandra-Kurla Dalal Street, Mumbai - 400 001 Complex, Bandra (E), Mumbai - 400 051 Scrip Code: 544801 Company Symbol: GSPL TRANS Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations) - Press Release Dear Sir/ Madam, In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed a Press Release by the Company titled "GSPL Transmission reports 8.5% Yo¥ revenue growth in Q2 FY27. You are requested to take the same on records. Thanking You. Yours Faithfully, For GSPL Transmission Limited, Rajeshwari Sharma Company Secretary CIN: U49300GJ2024SGC153672 Earnings releases for Q2 FY27 GSPL Transmission reports 8.5% YoY revenue growth in Q2 FY27 An expansion led capex plan of INR 3,500 crore is underway to enhance pipeline capacity to new geographical areas Gandhinagar, November 3, 2026: GSPL Transmission Limited (BSE: 544801 / NSE: GSPLTRANS) today announced its unaudited financial results for the second quarter and half year ended September 30, 2026. The results mark an important milestone in establishing the company’s financial and operational profile as a dedicated natural gas transmission business. The company continues to focus on operational efficiency, infrastructure reliability and the development of gas transmission infrastructure to support the evolving natural gas requirements of the country. Key financial highlights: Particulars Q2 Q2 Q1 H1 H1 FY26 (INR Crores) FY27 FY26 FY27 FY27 FY26 Revenue 289.57 267.20 277.12 566.70 541.94 1,070.41 EBITDA 169.14 168.22 193.75 362.90 363.46 608.20 PAT 120.44 117.87 137.81 258.25 255.09 405.63 PAT margin 41.59% 44.11% 49.73% 45.57% 47.07% 37.90% EBITDA margin 58.41% 62.96% 69.92% 64.04% 67.07% 56.82% Diluted EPS 3.85 3.77 4.41 8.26 8.16 12.97 (in INR) Note : EBITDA and margin calculations are excluding other income Strategic and corporate developments: • Standalone revenue rose on higher transport volumes across HP, LP and HAPI networks o HP Grid volume increased by 9% YoY in Q2FY27 o LP Grid volume grew by 31% YoY in Q2FY27 o HAPI Grid volume increased by 17% YoY in Q2FY27 Expansion plan: • An expansion led capex plan of INR 3,500 crore is underway to enhance pipeline capacity to new geographical areas • The existing ~2,900 km pipeline network, supplemented by 700 km of planned additions, will expand GTL’s network to 3,600+ km Earnings releases for Q2 FY27 • GTL awarded EPC contracts worth Rs. 1800 crores for implementation of Anjar Palanpur Pipeline Project in July 26. • During first Half FY 27, GTL incurred capital expenditure of apprx. Rs. 300 crores Management commentary: Commenting on results, Shri Manoj Kumar Das, IAS, Chairman said, “We executed on volumes across HP, LP and HAPI networks which resulted in higher revenue growth in addition to continued focus on operating resilience. Our standalone revenue has risen more than 8% YoY supporting our PAT growth.” Shri Prakash Karnik, CEO added, “Currently we are India’s second largest natural gas transmission network covering 2,900+ km across 26 districts in Gujarat. In the years ahead India targets increasing natural gas share in its energy mix and we expect the demand forecast to reach 297 MMSCMD by 2030. In anticipation to meet this increasing demand we are planning an expansion led capex of Rs 3,500 crore. This expansion will not only enhance our pipeline capacity and geographical reach but also create value for our investors and stakeholders through revenue and EBITDA growth”. About GSPL Transmission limited GSPL Transmission limited (GTL) is engaged in natural gas transmission infrastructure, facilitating transportation of gas from supply sources to demand centers through its pipeline network. The company plays a key role in enabling reliable gas availability for industries, city gas distribution entities and other customers. For further information please contact: Media related queries: Veritas Reputation PR Abhishek Savant Priya Saini abhishek@veritasreputation.com priya.saini@veritasreputation.com +91 81088 48822 +91 84474 41404 Investor related queries: EY GSPL Transmission Limited Krishna Patel Amit Shah Krishna.Patel2@in.ey.com amitshah@gspltrans.com Hiral Keniya Amita Dave Hiral.Keniya@in.ey.com amita.d@gspltrans.com