Please find enclosed herewith Investor Presentation

6th November, 2026 BSE Limited National Stock Exchange of India Limited Department of Corporate Services Listing Department Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street Bandra-Kurla Complex Mumbai 400 001 Bandra (East), Mumbai 400 051 Scrip Code: 500575 NSE Symbol: VOLTAS Ref.: Q2FY27 Earnings Conference Call Dear Sirs, Further to our letter dated 3rd November, 2026 and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the document titled ‘Voltas Delivers Steady Q2 FY27 Performance, on the back of market leadership and Execution Excellence’ to be used for the Q2FY27 Earnings Conference Call scheduled today, i.e., 6th November, 2026 at 6:30 p.m. Kindly take the same on record. Thanking you, Yours faithfully, For Voltas Limited Ratnesh Rukhariyar Company Secretary & Compliance Officer Encl.: a/a Corporate Management Office Registered Office Voltas House 'A’ Dr Babasaheb Ambedkar Road Chinchpokli Mumbai 400 033 India Tel 91 22 66656290 66656258 e-mail shareservices@voltas.com website www.voltas.in Corporate Identity Number L29308MH1954PLC009371 ANALYSIS OF RESULTS QUARTER & SIX MONTHS ENDED 30th September 2026 Voltas Delivers Steady Q2 FY27 Performance, on the back of market leadership and Execution Excellence Voltas continued to strengthen its competitive position during Q2 FY27, supported by market leadership in Room Air Conditioners, continued expansion of its Home Appliances business and disciplined execution across its Projects and Engineering businesses. The quarter was characterised by moderate global economic growth, continuing geopolitical uncertainties, commodity inflation and currency volatility. These developments created cost pressures across manufacturing and supply chains. Against this backdrop, the Indian consumer durables industry benefited from relatively stable domestic demand, with an extended summer providing additional support to the cooling category during a traditionally lean quarter. Voltas recorded 32% volume growth in its Room Air Conditioner business, materially outperforming the broader industry. The Company further consolidated its position as India's No. 1 Room Air Conditioner brand, achieving a market share of 17.4% for the year to date ended September 2026, representing an increase of approximately 1.5 percentage points over the previous year. Its lead over the nearest competitor stood at 4.2%. The Unitary Cooling Products business recorded 29% revenue growth, accompanied by improved profitability despite commodity and currency related pressures. Voltbek achieved its highest quarterly sales in both value and volume, while the Projects business maintained a carry forward order book exceeding ₹6,800 crore. Engineering Products and Services recorded high double digit revenue growth, reflecting the contribution of the Company's diversified business portfolio. The performance reflects Voltas' continued focus on translating market leadership into business growth, improving operating efficiencies and strengthening the foundations for sustainable profitability. Financial Performance Overview For the quarter ended 30th September 2026, Voltas recorded: • Consolidated Total Income of ₹ 2,746 crores, compared to ₹ 2,412 crores in Q2 FY26. • Profit Before Tax of ₹ 83 crores versus ₹ 54 crores in Q2 FY26. • Net Profit of ₹ 48 crores compared to ₹ 32 crores last year. The Company's operating priorities continued to centre on market competitiveness, profitable growth, working capital discipline and investment in capabilities that support its long-term strategic objectives. Segment A – Unitary Cooling Products (UCP) Room Air Conditioners: Consolidating Market Leadership The Unitary Cooling Products business recorded 29% revenue growth during Q2 FY27, driven primarily by the Room Air Conditioner business, which achieved 32% volume growth during the quarter. The performance reflects Voltas' ability to capture market opportunities through its established brand franchise, comprehensive product portfolio, distribution strength and effective execution across channels and geographies. Voltas maintained its position as India's No. 1 Room Air Conditioning brand, achieving a 17.4% market share for the year to date ended September 2026, an improvement of approximately 1.5 percentage points over the corresponding period of the previous year. The Company maintained a 4.2 percentage point lead over its nearest competitor, reinforcing its competitive position in the Indian RAC market. The combination of value and volume growth reflects the strength of consumer demand for Voltas products, supported by improved product positioning, portfolio competitiveness and sustained investments in distribution and consumer engagement. The Company continued to respond to evolving consumer preferences through a sharper product portfolio across capacities, energy efficiency ratings, technologies and price points. Greater emphasis on product differentiation, energy efficiency and consumer relevant features supported the competitiveness of the portfolio. Distribution expansion remained a key priority, particularly in emerging consumption centres and markets where RAC penetration continues to remain relatively low. The Company continued to strengthen its channel partnerships, improve product availability and expand market coverage to capture opportunities arising from increasing adoption of air conditioning across India. Voltas remains focused on building upon its established leadership through sustained investments in product innovation, brand development, distribution reach and customer experience. Commercial Air Conditioning and Complementary Cooling Businesses The Commercial Air Conditioning business continued to record stable growth, supported by demand across commercial real estate, healthcare, hospitality, retail, manufacturing and data centres. The business benefits from a diversified customer base and lower seasonal dependence compared with Room Air Conditioners, providing greater balance to the overall cooling portfolio. Continued investments in infrastructure and institutional development, alongside demand for energy efficient and technologically advanced cooling solutions, provide opportunities for further expansion. Home Comfort products, comprising Air Coolers, Water Heaters and Fans, recorded healthy growth during the quarter, while Commercial Refrigeration remained relatively flat, reflecting softer demand. The Company continues to focus on expanding key account relationships, strengthening institutional sales, improving channel penetration and introducing relevant product innovations to support growth across these businesses. Together, these categories complement the RAC business and contribute to the breadth, diversification and resilience of the Unitary Cooling Products portfolio. Recent global developments have contributed to higher input costs and currency volatility, creating challenges for the broader consumer durables industry. Voltas continued to address these pressures through calibrated pricing actions and structural cost optimisation initiatives undertaken since FY26. These include strategic sourcing, greater localisation, product redesign, manufacturing productivity improvements and tighter operating cost management. The benefits of these initiatives, together with revenue growth and operating efficiencies, contributed to improved segment profitability compared with the corresponding period of the previous year. The Company's focus remains on strengthening cost competitiveness while preserving its market position, investing in innovation and improving absolute profitability. With an established brand franchise, industry leading market position, healthy inventory levels and an expanding distribution network, Voltas remains focused on sustaining market share gains and translating business growth into improved profitability. 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