Analysts/Institutional Investor Meet/Con. Call Updates

BSE Limited November 3, 2026 Dept. of Corporate Services - CRD Pheeroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 National Stock Exchange of India Limited Exchange Plaza, C-1, Block-G, Bandra Kurla Complex, Bandra (East) Mumbai – 400 051 By web upload Dear Sir / Ma’am, Sub: Transcript of the Earnings Call held on October 29, 2026, on the Audited Financial Results for the quarter and half year ended September 30, 2026 – disclosure under Regulation 30 and Regulation 46 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Ref: (1) BSE Scrip Code 532663 | (2) NSE Symbol: SASKEN This is in continuation of our letter dated October 26, 2026, intimating the schedule of the Earnings Call held on Thursday, October 29, 2026 at 3.00 P.M. (IST). Pursuant to Regulations 30 and 46 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we wish to inform you that the Company conducted the said Earnings Call through virtual mode on Thursday, October 29, 2026, commencing at 3.00 P.M. (IST) and concluding at 3.52 P.M. (IST), in relation to the Audited Financial Results of the Company for the quarter and half year ended September 30, 2026. The transcript of the said Earnings Call is enclosed herewith. The transcript and recording of the aforesaid Earnings Call have also been made available on the website of the Company and can be accessed at the link set out below: Link: www.sasken.com/investors/quarterly-results Path for Transcript: FINANCIAL YEAR 2026-2027: Q2 → Q2 FY27 Earnings Call - Transcript Path for Recording: FINANCIAL YEAR 2026-2027: Q2 → Q2 FY27 Earnings Call - Recording Kindly take the above information on record. Thanking you, Yours faithfully, For Sasken Technologies Limited Paawan Bhargava Company Secretary Membership No: A26587 Encl. as above Sasken Technologies Limited 139/25, Ring Road, Domlur, Bengaluru 560071, India T: +91 80 6694 3000, E: info@sasken.com CIN: L72100KA1989PLC014226 | www.sasken.com Sasken Technologies Limited Q2 & H1 FY27 Earnings Conference Call Transcript Thursday, October 29, 2026, from 03:00 PM to 03:52 PM IST MANAGEMENT SPEAKERS • Mr. Rajiv Mody – Chairperson, Managing Director & • Mr. Hareesh Ramanna – Director & President – Borqs Technologies • Mr. Anup Savla – Chief Executive Officer – Sasken Silicon • Mr. Yogesh Rathi – Global Delivery Head • Mr. Priyaranjan – CFO EXTERNAL PARTICIPANTS • Dev Gulwani – Care PMS DURING Q&A SESSION • Kaustav Bubna – Kamana Holdings • Nikhil Chowdhary – Toro AIF • Krupa Desai – Electrum Capital • Divyam Doshi – 9two3 Capital • Ritesh Choudhary – Molecule Ventures • Vimal Gohil – Alchemy Capital • Hitesh Kumar – Kosha Capital Advisors Q2 & H1 FY27 Concall Transcript Page 1 of 21 Moderator: Ladies and gentlemen, good day and welcome to Sasken Technologies Limited Q2 FY2027 Earnings Call. As a reminder, all participants will be in the listen only mode. There will be an opportunity for you to ask questions after the management’s commentary concludes. Please note that this call is being recorded. I now hand the conference over to Mr. Siddharth Rangnekar of CDR India. Over to you, Sir. Siddharth R: Thank you. Good afternoon, everyone, and thank you for joining us on Sasken Technologies Limited's Q2 and H1 FY2027 earnings conference call. We have with us Mr. Rajiv Mody, Chairperson and Managing Director and CEO of the company, Mr. Hareesh Ramanna, Director and President, Borqs Technologies, Mr. Anup Savla, Chief Executive Officer, Sasken Silicon, Mr. Yogesh Rathi, Global Delivery Head and Mr. Priyaranjan, Chief Financial Officer of the company. Mr. Rajiv Mody will begin by sharing his perspectives on Sasken's strategic direction and the key developments during the quarter. Mr. Priyaranjan will then take you through the financial performance for the quarter following which we shall open the floor for a question and answer session. Before we start, I would like to point out that there are certain forward looking statements that could be made on today's call and a disclaimer to this effect has been included in the earnings presentation that has been filed on the stock exchanges. I would now like to invite Mr. Rajiv Mody to make his opening remarks. Over to you, Sir. Rajiv Mody: Thank you, Siddharth. Good afternoon, everyone, and thank you for joining Sasken's Q2 FY2027 earnings call. For those who may be new to Sasken, we are a product engineering and technology ER&D company. We work with global customers and hyperscalers to design, develop, test, and support technology products across their lifecycle. Our work spans semiconductors, embedded software, automotive systems, communications, and connected devices. Our chip-to-cognition approach brings these capabilities together, turning Q2 & H1 FY27 Concall Transcript Page 2 of 21 technology ideas into products and solutions that can be developed, deployed, and scaled for our customers. Let me start by sharing with what we experienced from the market during the quarter. Technology spending is increasingly directed at engineering-led programs that connect silicon, software, and connected devices, which is where our capabilities sit. Customers are consolidating vendors and looking for partners who can take on larger, more integrated scope. In automotive, the longer term shift towards software defined vehicles, connected mobility, digital cockpits, and evolving electric vehicle architectures continues to create opportunities for engineering partners like us. Similarly, in communications and connected devices, evolving network architectures and intelligent connectivity require specialized engineering capabilities. These are areas where Sasken has built experience over several decades and where it continues to engage closely with marquee customers. Over the past two years, we have brought semiconductor design, embedded software, connected devices and ODM capabilities together into an integrated business. The priority now is for us to make these capabilities work seamlessly across customer programs, take on greater product responsibility, and translate this breadth into deeper relationships, stronger execution, and sustainable growth. Artificial intelligence is changing both the products our customers build and the way engineering work is delivered. We see it as an opportunity to strengthen our business while recognizing that customers will expect measurable productivity and quality improvements. Complex work in chip design, firmware, and safety critical embedded systems will continue to depend on domain knowledge, validation, and engineering judgment. Our four priorities are internal efficiency, AI-enabled delivery, customer facing AI capabilities, and organizational readiness. We will measure progress by value delivered to customers and the improvement in our operating performance. Turning to the quarter, Sasken recorded a consolidated revenue of Rs.321 Crores, representing 26% year-on-year growth, while moderating 5.4% sequentially. Our scale was accompanied by improved profitability, with EBIT Q2 & H1 FY27 Concall Transcript Page 3 of 21 increasing meaningfully over the previous quarter, reflecting our focus on disciplined execution, even as we implemented annual salary revisions across levels in July, keeping with Sasken's established commitment to its people. We added 4 new logos in the quarter, expanding our active customer base to 101. Notable wins included a multiyear telematics engineering program with the leading European automotive group. Cockpit and ADAS work for European Automotive OEM, engineering across applications, HMI, middleware, and testing for an Indian EV company, and an integrated asset tracking solution spanning devices and software. During the quarter, we also launched Juniper Alta, a new device developed end-to-end and brought to shipment within 18 months. The program demonstrates our [Showing first 8,000 characters — download PDF for full document]