Press Release

Ref: SEC/VDL/2026/019 November 05, 2026 BSE Limited National Stock Exchange of India Limited 20th Floor, P.J. Towers Exchange Plaza, C-1, Block G Dalal Street Bandra Kurla Complex, Bandra (E) Mumbai – 400001 Mumbai – 400051 Scrip Code: 544923 Scrip Symbol: VEEGALAND Dear Sir/Madam, Sub: Press Release – Unaudited Financial Results for the quarter and half year ended September 30, 2026 Please find enclosed a copy of the press release with regard to the Unaudited Financial Results of the Company for the quarter and half year ended September 30, 2026. The above disclosure is also being made available on the website of the Company at https://www.veegaland.com/investor-relations/ Kindly take the same on record. Thank You, For Veegaland Developers Limited Akshay Anand T S Company Secretary & Compliance Officer Membership No: A70026 Veegaland Developers Limited (Formerly known as Veegaland Developers Private Limited) Registered Office: XXXV/564, 4th Floor, K C F Tower, BMC Road, Kakkanadu, Thrikkakara, Ernakulam – 682 021 Email ID: cs@veegaland.in Phone: 0484 - 2584004 CIN: L45201KL2007PLC021107 www.veegaland.com Q2 FY27 Earnings Release  Revenue up by 29% YoY to ₹ 106.3 Cr  EBITDA up by 78% YoY to ₹ 22.8 Cr  PAT up by 92% YoY to ₹ 16.0 Cr India, 5th November 2026: Veegaland Developers Limited, a leading real estate developer in Kerala, today announced its financial results for the quarter ended 30th September 2026. Key Consolidated Highlights: Particulars (INR Cr) Q2 FY27 Q2 FY26 YoY H1 FY27 H1 FY26 YoY` Revenue from operations 106.3 82.7 28.7% 180.7 124.2 45.5% EBITDA* 22.8 12.8 77.8% 37.1 18.9 96.2% EBITDA Margins 20.9% 15.4% 550 bps 20.1% 15.1% 500 bps PAT 16.0 8.3 92.3% 25.7 11.5 123.1% PAT Margins 14.7% 10.0% 470 bps 14.2% 9.3% 490 bps EPS Basic 4.46 2.88 7.38 4.28 *EBITDA includes Other Income Performance Highlights for Q2 FY27: • Revenue from Operations stood at ₹ 106.3 Cr, an increase of 28.7% YoY • EBITDA came in at ₹ 22.8 Cr, with an EBITDA margin of 20.9% (up 550 bps YoY) • Profit After Tax stood at ₹ 16.0 Cr, with a PAT margin of 14.7% (up 470 bps YoY) Commenting on the results, Kochouseph Thomas Chittilappilly, founder, vice chairman & WTD, Veegaland Developers Limited said, At Veegaland, our focus remains on strengthening our presence across Kerala's key residential markets while continuing to build a differentiated portfolio of quality homes with biophilic designs. We believe that a strong understanding of local markets, eco-friendly building techniques and a commitment to quality are critical to building a sustainable customer confidence in the long-term. As we move forward, we remain focused on robust project execution, operational efficiencies and continuous improvement to support our next phase of growth. Our improved financial performance reflects the strength of the confidence of our beloved customers and provides a strong foundation as we pursue our long-term growth ambitions. We remain committed to creating lasting value for our investors, homebuyers and employees while building Veegaland into a trusted and recognised name in Kerala's real estate landscape. About Veegaland Developers Limited, Veegaland Developers Limited, a Kerala-based real estate developer, was incorporated in 2007 as part of the Group’s diversification strategy and commenced its real estate operations in 2011. The company has since expanded its presence across four key cities in Kerala, catering to diverse homebuyer segments through a portfolio spanning five residential segments. With a focus on developing quality residential spaces across established and emerging micro-markets, Veegaland has built its presence in Kerala's real estate market and was recognised as the state's fastest-selling real estate developer, as per the ICRA report dated December 8, 2025. For more information, please visit https://www.veegaland.com/ For further information please contact: Veegaland Developers Investor Relations Advisors, Mr. Akshay Anand Adfactors PR Company secretary & compliance officer Ms. Kareena Jain / Ms. Soleha Khan investorrelations@veegaland.in kareena.jain@adfactorspr.com /soleha.khan@adfactorspr.com Cautionary statement concerning forward-looking statements: Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like regulatory changes, local political or economic developments, and many other factors that could cause our actual results to differ materially from those contemplated by the relevant forward-looking statements. Further, past performance is not necessarily indicative of future results. Given these risks, uncertainties and other risk factors, viewers are cautioned not to place undue reliance on these forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.