Outcome of Board Meeting

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Thsea rieds wuelrtrese vibeywt ehAdeu dciotm miotfdt ieree acittt moser est hienelgad r tloideary . Ac opoyft huen audfiintaenrdce isaaulll otwnsig tL hi miRteevdiR eewp obrytt hsAe u diotnto hres safiinda nrceisaaulrle etn sc losed. Thceo poyft hPer eRsesl ebaesiiens gs iunte hdri esg iaasrl das tot ahcehreedw ith. ExiIdned ustLriimeisEtx eidHd,oe u s5e9,CE h owriRnogahKdeo,el kat0a2-07 00 Pho:n( e03233)0 2-32420803-,22 127813,- 2118 e-m:ae ixli deindustrieswlwiwm.ietxeidd@eeixniddues.tcroi.eisn.,c om CINL:3 1402WB1947PLC014919 &EXIDE 2. ChanogfRe e gis&t SrhaaTrrra en sf Aegre(RnTt )o f thCeo mpany Purusatno Rte gul7a t3&i0 o of SnEsB LIsi tiRenggu lawtewi siohtn iosfn,o ryomut ahtth eBodao rf Direchtaaosppr rso vtheepd r op fooscrah lanofgR ee giasntSdrh aarTr rea nAsgefenrt( RTfAr)o m M/ MsUFGIt niImneda PiriavtLiem ited ( t"oMM/ UsMFa.hG e"hs)wra Diatam PartiiLvciasmtiet ed ("MDPL"a)S ,EI Be-griesrteCda tegRoegriys-atInr Sdah ra Trrea nsAfgeerhn eta dqu airnt ered Kolkata. Thefo ramltiisefo rc hanog fReT A incliun ddgocumentexaetciuootn fai,go rnee netm, ssihftnigof electcroonnnie ccan tdti rnvasiitotyf idaota nw ibleplro cedsi nsd eeu cou rTsitehl.el Mn U,FGs hall conttirone ueneRrdT Ase rveistc to hCeom pnaya nidts sh areh Oonrl edicepoerft tsh .eN oO bjection Certi(fNiOcfCrao)mt the e eixstRiTnAig . MeU.F Gancdo pmlteinoo fthetr iaprtaigtree eamnedn ts chanogfcoe n nec tbyi Nvaitti ySoecnuarliDetopiseoisrtL yi mi (tNeSdDLa)nC de n tDreaplos itory ServiceLsmi ite(d (ICDnSdLit)ah,e)ffe e c itev daot fceh anog fReT As hab leilni tmated separately. Thede taaisrl esq uuinrederSd E BLIit isnRgeg ulatreiaowdni hst S EB IMastCeirr cNuol.a r HO/49/l42/51-4C(F7D)-2P0O2D/22/d0Ia2/t633e 0th7 dJa6n ua2r0y2a 6n,ad sa mnedeadrp,re o vided in Annexure-A. Thbeoa rd meeting c ao1tm2 0m.0Ne ononca endcdo nucdlead1t . p0m8. Thicso mmuniciasat lois obeni nugp loaodne thde w ebsoiftt eh eCo mpanay t www.exide.cionmd.l 1sn·ies Wer equeysottu ko i dnltayk tehsea moner eorcd. Thnaiknyogu . Yourfasi thfully, Fo rExiIdned usLtirmtiieeds JiteKnudmraar CompaSneryce taandr y PresiLdeegn&at Cl-o rpoArfafatier s ACSN o1.1 159 En1ca: sa bove ExiIdned usLtirmiietsExe idHd,oe u s5e9,CE h owriRnogahKdeo,el kat0a2-07 00 Pho:n( e03233)0 2-23248030-,22 218731-,2 118 e-m:ae ixli deindustrieswlwwi.meixtiedde@ienxdiudset.rcioe.si.nc,o m CI:NL 31402WB1947PLC014919 November 04, 2026 Press Release H1 FY27 Revenue growth 18.9%, PAT growth 46.7%. Sustained Momentum in Q2. 6 GWh of Lithium-ion Cell Gigafactory Commissioned Standalone financial performance Particulars Units Q2 FY27 Q2 FY26 YoY H1 FY27 H1 FY26 YoY Revenue Rs. Cr. 5,026 4,178 +20.3% 10,331 8,688 +18.9% EBITDA Rs. Cr. 606 395 +53.6% 1,262 943 +33.8% EBITDA margin In % 12.1% 9.4% +270 bps 12.2% 10.9% +130 bps PBT Rs. Cr. 522 298 +75.5% 1,066 727 +46.5% PAT Rs. Cr. 386 221 +75.1% 794 541 +46.7% EPS * Rs. / share 4.55 2.60 9.34 6.37 * Not annualised Key business highlights • A strong Q2 performance, supported by healthy demand, continued benefits of GST 2.0 reforms, lower base and stronger execution of the ‘One Exide’ operating model. • During Q2, standalone revenues grew 20.3% YoY to Rs. 5,026 Crore. • On a YoY basis, input costs remained elevated due to prolonged geopolitical challenges. On a QoQ basis, full benefit of softer Lead LME and antimony prices could not be realized due to weaker Rupee. • Cost optimisation initiatives, along with calibrated price increase and volume growth enabled Q2 EBITDA margin expansion by 270 bps YoY. • Liquidity position remains robust with zero debt and a healthy cash flow generation. Exide Industries Limited, Exide House, 59E Chowringhee Road, Kolkata-700 020 Phone: (033) 2302-3400, 2283-2171, 2283-2118 e-mail : exideindustrieslimited@exide.co.in, www.exideindustries.com CIN: L31402WB1947PLC014919 Key information about businesses • Growth momentum remained broad-based in Q2 FY27, with double-digit growth across key businesses. • Automotive OEM business delivered over 25% YoY growth for the 4th consecutive quarter, with key new launch wins: o MG Hector Tomahawk: 100% SOB (share of business) for the Exide auxiliary battery, on both EV and PHEV. o Tata Aeris: 100% SOB in CNG models. • 2W/4W Replacement business delivered double-digit growth for the 4th consecutive quarter, driven by steady aftermarket demand. • Home Inverters and Solar delivered 20%+ YoY growth for the 2nd consecutive quarter, where favourable seasonal demand and Government schemes continued to support Home UPS and Rooftop solar adoption, respectively. • Exports business grew 20%+ YoY for the 2nd consecutive quarter, on a low base. The Company signed a long-term strategic cooperation agreement with ExCom Energy Solutions GmbH, Germany, to grow its industrial battery and energy storage business across the European Economic Area. Other key updates • The Company infused Rs. 550 Crores of equity into Exide Energy Solutions Limited (EESL) between April 2026 and October 2026, taking the cumulative equity investment to Rs. 5,352 crores. • On 23rd September 2026, EESL completed the commissioning of 6 GWh of lithium-ion cell gigafactory in Bengaluru. Exide Industries Limited, Exide House, 59E Chowringhee Road, Kolkata-700 020 Phone: (033) 2302-3400, 2283-2171, 2283-2118 e-mail : exideindustrieslimited@exide.co.in, www.exideindustries.com CIN: L31402WB1947PLC014919 Commenting on the performance, Mr. Avik Roy, MD & CEO, said: "We have sustained our growth momentum in the second quarter, with most of the businesses growing in double digits. Demand held up well across our end-markets, as the affordability benefits of GST rationalisation continued. We were further aided by favourable seasonal demand for Home UPS business. Growth opportunities remain encouraging across Automotive OEMs, Replacement, Home Inverters, Solar, Infrastructure and Exports. The Automotive OEM business grew by over 25% for the fourth consecutive quarter, and the 2W/4W Replacement business sustained its double-digit growth. Home Inverters and Solar also had a strong quarter, growing over 20%. Exports grew by over 20% YoY on a low base, and our long-term strategic cooperation agreement with ExCom Energy Solutions GmbH, Germany, strengthens our presence in the European Economic Area. Input costs remained elevated vs last year, due to prolonged geopolitical challenges, especially across West Asia. Crude oil prices went up significantly, resulting in an overall inflationary environment. On a sequential quarter basis, the full benefits of softer Lead LME and antimony prices could not be fully realized due to continuous weakening of Rupee against US Dollar. The Company undertook various [Showing first 8,000 characters — download PDF for full document]