Analysts/Institutional Investor Meet/Con. Call Updates

Date: November 5, 2026 To, To, National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1 Block G, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex Bandra (East), Dalal Street, Mumbai – 400 051 Mumbai - 400 001 Symbol: JNPR Scrip Code: 544853 Sub: Transcript of Earnings Conference Call–Q2 FY2027 Dear Sir/ Madam, Pursuant to Regulation 30 and 46 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, we enclose herewith the transcript pertaining to the audio call recording of the Company’s Earnings Conference Call held on November 2, 2026, to discuss the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and half year ended September 30, 2026. The transcript of audio recording is available on the Company’s website and the same can be accessed through the link given below: https://www.junipergreenenergy.com/webcasts-and-transcripts/ We request you to kindly take the same on record. Thanking You, For Juniper Green Energy Limited Prashant Pandia Company Secretary and Compliance Officer FCS 12077 Encl: as above Juniper Green Energy Limited (Formerly known as Juniper Green Energy Private Limited) Registered office: 1103A & 1103B, 11th Floor, Hemkunt Chamber, 89, Nehru Place, New Delhi- 110019 Corporate office: 3rd and 4th Floor, Building 4, Candor TechSpace, Sector 48, Gurugram – 122001, Haryana CIN: L40100DL2011PLC228318 Email: cs@junipergreenenergy.com; website: www.junipergreenenergy.com/ Tel +91-124 4739600, Fax +91-124 4739666 “Juniper Green Energy Limited Q2 FY27 Earnings Conference Call” November 02, 2026 MANAGEMENT: MR.ANKUSH MALIK – CHIEF EXECUTIVE OFFICER – JUNIPER GREEN ENERGY LIMITED MR.PARAG AGRAWAL – CHIEF FINANCIAL OFFICER – JUNIPER GREEN ENERGY LIMITED MR.BAJRANG LAL BHURA – HEAD,INVESTOR RELATIONS –JUNIPER GREEN ENERGY LIMITED MODERATOR: MR.SUDHANSHU BANSAL – JM FINANCIAL INSTITUTIONAL SECURITIES Page 1 of 11 Juniper Green Energy Limited November 02, 2026 Moderator: Ladies and gentlemen, good day and welcome to the Juniper Green Energy Limited Q2 FY27 Earnings Conference Call hosted by JM Financial Institutional Securities. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during this conference call, please signal an operator by pressing star then zero on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Sudhanshu Bansal from JM Financial Institutional Securities. Thank you, and over to you, sir. Sudhanshu Bansal: Thank you, Alaric. Hello everyone, on behalf of JM Financial, I welcome you all to the second quarter FY27 earning call of Juniper Green. For today's call, we have with us leadership team of the company led by Mr. Ankush Malik, CEO, Mr. Parag Agarwal, CFO, and Mr. Bajrang, Head of Investor Relations, along with other team members. Now I will hand over the call to Ankush sir for his opening remarks, after which we will open the floor for Q&A session. Thank you so much, sir, for your kind presence and giving us the opportunity to host the call. Over to you, Ankush sir. Ankush Malik: Thanks, Sudhanshu. Good morning everyone and thank you for joining us for Juniper Green Energy's Q2 FY27 earnings call. This is our second call as a listed company, and I want to start by thanking our shareholders, lenders, and partners for the continued confidence you have shown in us since our listing in August. Before I turn to our performance, a quick word on the sector. India's installed renewable capacity reached close to 300 gigawatts as of September 30, 2026, with nearly 25 gigawatts added in the first half of FY27 alone. Power demand has remained robust, and the policy push towards FDRE, round-the-clock, and storage-backed supply continues to gather pace. That is exactly the segment we have built our portfolio around and we believe Juniper is well placed to capture a growing share of it. Power demand across the country has stayed strong this year with a 10.2% growth for H1. With peak demand continuing to rise and the evening peak hours in particular putting real pressure on the grid, we see battery storage as part of the solution here, helping more daytime solar power into peak hours and we are well placed to install close to 4.5 gigawatt-hours of BESS by June '27 and 10 gigawatt-hours by March '28. Coming to this quarter, Q2 FY27 was another record quarter for us. Our total income grew 2.3 times year on year to INR 372 crores. And EBITDA grew 2.6 times to INR 340 crores, our highest ever quarterly total income and EBITDA, at an EBITDA margin of 91%. On the operating side, for the second quarter of FY27, generation grew 127% year-on-year to 1,130 million units. Our fleet-wide CUF for Q2 was 27% compared with 21% in the last, in the quarter in FY26. For the first half of FY27, generation grew 98% year on year to 2,075 million units, and our fleet-wide CUF was 28.5% compared with 24.1% in H1 FY26. The standout for us was wind. Page 2 of 11 Juniper Green Energy Limited November 02, 2026 Our wind portfolio delivered a weighted average CUF of 50%, up from 41.3% a year ago, especially with our 50-megawatt Juniper Green Beam project, delivering a CUF of 58.3%, and another 70-megawatt Juniper Green Kite Project at the same site delivering close to 58%. Plant availability for the first half stood at 98.7% and grid availability at 99.5%. During this quarter, we also commissioned close to 316 megawatt peak of renewable capacity and around 100 megawatt-hours of BESS, delivering on the 250 to 300 megawatt peak guidance we shared on our last call. In the first 7 months of FY27, we have now commissioned more than 1 gigawatt peak of capacity with close to 494 megawatt peak of solar and 542 megawatt of wind, along with about 500 megawatt-hours of BESS across 11 sites in 3 states. That takes our overall operational capacity as on date to 2.8 gigawatt peak plus 600 megawatt-hours of BESS. I also want to call out a big technology milestone. We have commissioned now close to 51 units of India's largest wind turbine by rotor diameter, the Envision E-182. These 5-megawatt turbines have a rotor diameter of 181 meters and at a hub height of 130 meters. We remain on track for our full-year commissioning guidance of 2 gigawatt peak of generation capacity and 1.7 gigawatt-hours of BESS. On BESS, our operating assets continue to perform well with SOH of more than 99% and RTE of close to 90%. As on date, our total portfolio stands at close to 11.2 gigawatt peak, plus 9 gigawatt hours of BESS, of which the operational and PPA signed capacity is 6.1 gigawatt peak. On the portfolio quality, as mentioned earlier, 86% of our portfolio is contracted with central agencies, which is SJVN, NHPC, NTPC and SECI and GUVNL. 98% is with off-takers rated A or above, and 98% is secured through long-term PPAs, typically of 25 years. Our days receivable outstanding stood at 25 days for H1 FY27, which continues to reflect the strength of our off- takers. We continue to build the resource base to execute at this scale. Surplus connectivity of more than 5 gigawatts for future bids and connectivity of more than 20 gigawatt-hours of BESS, over 16,000 acres of land for our under-construction contracted and awarded projects, and more than 100 identified locations for wind turbine installation. Our in-house EPC team continues to execute end-to-end in parallel across multiple sites and states at both STU and CTU levels. With that, let me hand it over to Parag to take you through the financials in detail. Parag Agarwal: Thank you, Ankush, and good morning everyone. As Ankush mentioned, Q2 was another record quarter financially. Total income for Q2 FY27 came in at INR 372 crores, 2.3 times of the INR 160 crores we reported Q2 FY26, and up 15% quarter on quarter. EBITDA grew 2.6 time [Showing first 8,000 characters — download PDF for full document]