The Written Transcript of the Earning Conference call held on July 27, 2026 for the quarter ended on June 30, 2026 is submitted

July 29, 2026 To To The General Manager The General Manager Department of Corporate Services, Department of Corporate Services, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Fort Mumbai – 400 001 Bandra (East), Mumbai – 400 051 Scrip Code: 544253 Symbol: KROSS Sub - Submission of Transcript of Earnings Conference Call held on July 27, 2026 Dear Sir/Ma’am, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the transcript of Earnings Conference Call held on Monday, July 27, 2026 This is for your information and record. Thanking You, For Kross Limited Debolina Karmakar Company Secretary and Compliance Officer ACS 62738 “Kross Limited Q1 FY27 Results Conference Call” July 27, 2026 MANAGEMENT: MR. SUDHIR RAI – CHAIRMAN AND MANAGING DIRECTOR – KROSS LIMITED MR. SUMEET RAI – WHOLE-TIME DIRECTOR – KROSS LIMITED MR. KUNAL RAI – WHOLE-TIME DIRECTOR AND CHIEF FINANCIAL OFFICER – KROSS LIMITED KAPTIFY CONSULTING – INVESTOR RELATIONS ADVISOR MODERATOR: MR. MIHIR VORA – EQUIRUS SECURITIES Page 1 of 10 Kross Limited July 27, 2026 Moderator: Ladies and gentlemen, good day and welcome to Kross Limited Q1 FY27 Results Conference Call hosted by Equirus Securities. As a reminder, all participant lines will be in listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the 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. Mihir Vora from Equirus Securities. Thank you and over to you, Mr. Mihir. Mihir Vora: Yes, thank you. Welcome everyone to the Q1 FY27 post-results call of Kross Limited. From the management side, we have with us Mr. Sudhir Rai, Chairman and Managing Director; Mr. Sumeet Rai, Whole-time Director; and Mr. Kunal Rai, Whole-time Director and CFO. So, without taking much of your time, I'll now hand over call to Kunal. Over to you, Kunal. Sudhir Rai: Yes, hi Mihir. Thank you. I'll start off the opening remarks. Okay, this is Sudhir. Okay, good morning, everyone. Thank you for joining us on this earnings call of Kross Limited for the first quarter ended June 30th, 2026. Along with me, I have Sumeet Rai and Kunal Rai, Whole-time Directors. Kunal Rai is also the CFO, as well as our senior team members and our Investor Relations Advisor, Kaptify Consulting. I am pleased to report that Kross Limited has concluded its best top line in Q1 FY27 with a sale of INR185.35 crores, registering a growth of 32% year-on-year, building on the strong momentum of Q4 FY26. EBITDA grew by 39.5% year-on-year to 225.54 million with margin expansions to 12.23%, while PAT increased 24.4% year-on-year to 133.12 million. This performance demonstrates our continued focus on profitable growth, operational efficiency, and disciplined execution amidst a recovering industry environment. I would like to further brief you on a few highlights of our company and business ahead. We have finally commissioned and productionized our extrusion line. We are very upbeat to showcase this improvement to our fleet owners, customers, and trailer fabricators. The trailer segment -- sorry, the tractor segment is doing very well and commercial vehicles along with the trailer segment is doing better than expected. In general, if you see, our Q1 results are in line of our targets for this coming financial year. To add to this, recently the government has announced Parivartan scheme. To brief you on this, this scheme will be with effect from 30th October 26. This scheme will not allow any BS4 or less vehicles to enter Delhi NCR region. With this scheme, if a transporter replaces his old vehicle, he gets benefit of 10 years holiday of road tax. He gets free registrations for his new vehicle. He also gets close to 13% discount, 5% in the form of a subsidy and 8% discounts from the OEM. We feel the Parivartan scheme will be good for the commercial vehicle segment and on the same line, GST reforms which were announced last year continued to be supportive of the CV industry. Page 2 of 10 Kross Limited July 27, 2026 With this, I hand over this call to Sumeet Rai to brief you on the segmental performance and the future outlook of the company. Thank you. Sumeet Rai: Thank you. I'll brief you on the segment performance and the industry. Regarding the M&HCV segment, the momentum in the CV segment from Q4 FY26 continued into Q1 FY27. The period of June, July are where demands are slightly subdued due to monsoon. In spite of that, there has been indications from the OEMs for a strong September Q2 and then subsequently Q3 and Q4. These trends are first time supported by healthy order books. Regarding the Trailer segment, with continued growth in the CV market, the trailer segment is also projecting good volumes. Our business on axle suspension and tipping jacks is progressing well year-on-year. The extruded axle beam has started production and volumes on axles and suspensions have increased 30% year-on-year. Regarding the Tractor segment, demand has been consistent, on track to increase contribution meaningfully over the coming years. April 2026 tractor industry data remained encouraging and we remain on track to meaningfully increase the contribution of tractor segment sales to our revenues. Regarding exports, the efforts are underway to grow share in export in line with our projections, which is supported by a 45% growth year-on-year. I'll brief you now on certain capacity expansions and new initiatives. Our strategic investments are on track and will further drive growth in the future. The successful ramp-up of tipping jacks has been encouraging for us. We have sold 226 in Q1 of FY27 and we hope to further scale this in the subsequent quarters. The axle beam extrusion line is now in production, and we hope this will bring in even more orders for our trailer axle. Progress on the seamless tube facility is on track. Piercing mill has been received, sizing and straightening mills are on the high seas and this is progressing as per schedule. We are further expanding on our casting capacity. A high-pressure mold line for our foundry is expected to start in Q3. This will double our foundry capacity. Axle shaft production facility using material gathering and press forging technology is on track for commissioning by September 2026. These initiatives reinforce our commitment to innovation, self-reliance, and critical component manufacturing. With this, I would like to hand over the call to Mr. Kunal Rai to provide a detailed walkthrough of the financial performance. Kunal Rai: Hi, good morning, everybody. Let me take you through the key financial highlights for quarter one of FY27. Firstly, for the quarter which has ended June 30, 2026, as far as our revenue is concerned, it's at INR184.3 crores, registering a strong 32.3% growth compared to INR139.3 crores in quarter one of FY26. This growth basically has been driven by healthy volume traction across the medium and heavy commercial vehicle, the trailers, and also the tractor segment. The total income has been at INR184.7 crores. EBITDA has increased by 39.5% year-on-year. The margins right now are at -- for quarter one are at 12.23%, up 63 bps Y-o-Y, reflecting Page 3 of 10 Kross Limited July 27, 2026 operational efficiency, a better product mix, and benefits from our backward integration. Profit before tax was at 178.27 million and our profit after tax grew 24.4% Y-o-Y to 133.12 million. Our PAT margins for Q1 stood at 7.2%. If we look into our segment-wise revenue contribution, our trailers, axles, suspensions, and our tipping segment has contributed to 41%, while the component business stands at 59%. We continue to see the balanced growth across growth. On our fund utilization from t [Showing first 8,000 characters — download PDF for full document]