Press Release on Unaudited Financial Result for the Quarter and Half year ended September 30, 2026

November 04, 2026 To To The Compliance Manager The Manager, Listing Department BSE Limited National Stock Exchange of India Ltd Corporate Relationship Dept., Exchange Plaza, Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Mumbai 400001. Bandra (East), Mumbai 400 051. Scrip Code: 544280 Symbol: AFCONS Subject: Press Release on the Financial Results for the Quarter & Half Year ended September 30, 2026. Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the Press Release on the Financial Results for the Quarter & Half year ended September 30, 2026. Thanking you, Yours faithfully, For Afcons Infrastructure Limited Gaurang Parekh Company Secretary and Compliance Officer Membership No.: F8764 Afcons Infrastructure Limited Regd. Office: Afcons House, 16, Shah Industrial Estate, Veera Desai Road, Azad Nagar, Andheri(W), Mumbai - 400 053, India, Tel.: +91-22-6719 1000, Email: secretarial@afcons.com www.afcons.com | CIN No.: L45200MH1976PLC019335 Afcons Infrastructure Limited Investor Release Strong Order Wins Drive Afcons’ Growth Visibility Mumbai, November 4, 2026 – Afcons Infrastructure Limited, one of India’s large international infrastructure players, today announced its financial results for the quarter ended 30thSeptember 2026. H1 FY27 Financial Performance Snapshot Order Book Total Income EBITDA* Profit After Tax ₹ 43,837 Cr ₹ 5,633 Cr ₹ 578 Cr ₹ 71 Cr Key Financial Highlights Particulars (₹ Cr) Q2 FY27 Q2 FY26 y-o-y Q1 FY27 q-o-q Total Income 2,906 3,101 -6.3% 2,727 6.6% EBITDA* 316 401 -21.2% 263 20.3% EBITDA Margin* (%) 10.9% 12.9% 9.6% Profit After Tax 41 105 -60.9% 30 35.6% PAT Margin (%) 1.4% 3.4% 1.1% Diluted EPS (₹) 1.12 2.85 0.82 Note: *Components of finance cost like Bank charges and commission is added to other expenses & deducted from finance cost, thereby adjusting the calculation of EBITDA & EBITDA Margins Order Book Breakup Particulars (as on 30th September, 2026) ₹ Cr % of Order Book UrbanInfra -UG & ElevatedMetro 10,714 24.4% UrbanInfra -Bridges & ElevatedCorridor 6,650 15.2% Hydro & Underground 6,836 15.6% Marine & Industrial 9,311 21.2% Surface Transport 10,128 23.2% Oil & Gas 198 0.4% Total 43,837 100% Afcons Infrastructure Limited Key Highlights ➢ H1 FY27 witnessedstrong order inflows of ₹15,968 Cr, taking the pending order book to ₹43,837 Cr as ofSeptember 2026, improving visibility on future execution and growth. ➢ For H1 FY27, Total Income stood at ₹5,633 Cr ➢ EBITDAcame in at ₹578 Cr, translating into an EBITDA margin of 10.3%. ➢ In the first half of FY27, the Company reported a PAT of ₹71 Cr ➢ Completed a key segment of the Thilamalé bridge under the Greater Malé Connectivity Project, establishing the connection between Vilimalé and Malé. Also, Phase II of the Mithapur-Sipara Elevated Corridor was inaugurated in Bihar Commenting on the Results, Mr. Subramanian Krishnamurthy, Executive Chairman (Whole-time Director) said, “Our order inflow remained strong during H1 FY27, with new orders of nearly ₹16,000 crore across roads, bridges, metros, tunnels and marine infrastructure, of which more than 45% came from overseas markets. This took our pending order book to ₹43,837 crore, excluding L1 projects. Our year-to-date order intake stands at nearly ₹19,500 crore, providing healthy revenue visibility. Supported by a robust project pipeline and bids under evaluation, we remain on track to achieve our full-year order inflow guidance of ₹30,000 crore. On the execution front, we have made progress in addressing project-specific execution challenges, with land handovers advancing and certain approvals and clearances moving forward. This has improved project readiness and growth visibility for H2. While our H1 performance reflected these constraints, our focus is now on converting the improved visibility into stronger execution, collections and cash flows. During the quarter, we completed the final segment of the Thilamalé bridge connecting Vilimalé Island with Malé under the Greater Malé Connectivity Project, a significant milestone for the largest infrastructure project funded by India in an overseas country. In Bihar, Phase II of the Mithapur-Sipara Elevated Corridor was inaugurated, reducing the expected travel time between Mithapur, Mahuli and Punpun from approximately one hour to around 15 minutes. These milestones reflect Afcons’ engineering capabilities and its ability to deliver complex infrastructure projects with lasting economic and social impact.” Afcons Infrastructure Limited About Afcons Infrastructure Limited Afcons Infrastructure Limited, the flagship infrastructure engineering and construction company of the Shapoorji Pallonji Group, is one of India’s largest international infrastructure players. The Company has a rich experience of over 60 years with a robust track record of timely execution of large-scale, complex and high-value projects in domestic and overseas markets. Afcons is a well-diversified infrastructure construction company, and it has delivered projects ranging from expressways, underground and elevated metros, railways, bridges, dams, irrigation systems, hydro, water supply, ports, breakwaters, and oil & gas around the world. Company: Afcons Infrastructure Ltd Investor Relations: MUFG Intime India Pvt Ltd Name: Ms. Drisha Poddar Name: Ms. Ayushi Gupta Email: ayushi.gupta@in.mpms.mufg.com Email: investor.relations@afcons.com CIN: L45200MH1976PLC019335 Name: Mr. Nikunj Seth Email: nikunj.seth@in.mpms.mufg.com Website: https://www.afcons.com/en Safe Harbor Any forward-looking statements about expected future events, financial and operating results of the Company are based on certain assumptions which the Company does not guarantee the fulfilment of. Past performance also should not be simply extrapolated into the future. These statements are subject to risks and uncertainties. Actual results might differ substantially or materially from those expressed or implied. Important developments that could affect the Company’s operations include a downtrend in the industry, global or domestic or both, significant changes in political and economic environment in India or key markets abroad, tax laws, litigation, labour relations, exchange rate fluctuations, technological changes, investment and business income, cash flow projections,interest, and other costs.The Company does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date thereof.