Intimation of Press Release pertaining to the financial results of the quarter ended 30th June 2026

09th August 2026 To, To, National Stock Exchange of India Limited, BSE Limited Exchange Plaza, Plot No. C/1, G Block, Phiroze Jeejeebhoy Bandra-Kurla Complex, Bandra (East), Towers, Dalal Street, Mumbai – 400051 Fort, Mumbai – 400001 NSE Symbol: QPOWER BSE Scrip Code: 544367 ISIN: INE0SII01026 Dear Sir/ Ma'am, Subject: Press release pertaining to the financial results of Quarter ended on 30th June 2026. We hereby submit the Press Release of the financial results of the Company for the Quarter ended June 30, 2026. Also, this information will be uploaded on the website of the Company at www.qualitypower.com Request you to kindly take the above on record. Thanking You, For QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED Deepak Ramchandra Suryavanshi Company Secretary and Compliance Officer ICSI Membership No.: A27641 Place: Sangli QUA LITY P OWER EARNINGS RELEASE Q1 FY2027 Electrical Equipments Limited TOTAL REVENUE ADJUSTED EBITDA ADJUSTED PAT ORDER BOOK ₹2,564 Mn ₹725 Mn ₹545 Mn ₹19,455 Mn ▲ 32.1% YoY ▲ 49.8% YoY ▲ 47.2% YoY 1.9x FY2026 revenue 28.3% margin 21.3% margin as on 30 June 2026 Sangli, Maharashtra, 9 August 2026 :: Quality Power Electrical Equipments Limited (“Quality Power” or the “Company”) (BSE: 544367; NSE: QPOWER), one of India's leading companies in critical energy transition equipment and power technologies, today announced its consolidated financial results for the quarter ended 30 June 2026, following approval by the Board of Directors. Q1 FY2027 CONSOLIDATED FINANCIAL PERFORMANCE The Company has presented its Q1 FY2027 performance on two bases. The reported basis reflects the consolidated financial results as prepared under Indian Accounting Standards, including the non cash net monetary loss of ₹78.21 million arising from the application of Ind AS 29 to the Company's Turkish operations. The adjusted basis excludes that charge and reflects the underlying operating performance of the Group. PARTICULARS (₹ Mn) RQ ep1 oF rY te2 d7 AQ d1 uF sY te2 d7 Q1 FY26 YoY % Q4 FY26 QoQ % In ind A luS 2 ed9 I en xd A luS 2 ed9 adjusto en on adjusted Total Revenue 2,564 2,564 1,941 32.1% 3,098 (17.2)% Cost of Goods Sold 1,353 1,353 1,076 – 1,660 – Gross Profit 1,210 1,210 865 39.9% 1,438 (15.9)% Gross Profit Margin 47.2% 47.2% 44.6% – 46.4% – EBITDA 647 725 484 49.8% 593 22.3% EBITDA Margin 25.2% 28.3% 24.9% – 19.1% – Finance Cost 14 14 12 – 19 – Depreciation and 39 39 28 – 39 – Amortisation Profit Before Tax 594 672 443 51.7% 535 25.7% PBT Margin 23.2% 26.2% 22.8% – 17.3% – Tax Expense 138 138 72 – 69 – Profit After Tax 467 545 371 46.9% 506 7.7% PAT Margin 18.2% 21.3% 19.1% – 16.3% – Diluted EPS (₹ per 4.66 5.44 3.12 74.4% 4.38 24.2% share) All figures in ₹ million unless stated otherwise. Margins are calculated on Total Revenue. EBITDA includes Other Income. Year on year and quarter on quarter movements are computed on the adjusted basis. Comparative periods are not affected by the Ind AS 29 adjustment recognised in Q1 FY2027 and are therefore presented on a single basis. RECONCILIATION OF REPORTED TO ADJUSTED MEASURES RECONCILIATION (₹ Mn) As reported Ind AS 29 add back Adjusted EBITDA 647 78 725 EBITDA Margin 25.2% – 28.3% Profit Before Tax 594 78 672 Profit After Tax 467 78 545 PAT Margin 18.2% – 21.3% Diluted EPS (₹) 4.66 0.78 5.44 The Ind AS 29 net monetary loss is recognised within Other Expenses and is therefore added back at the EBITDA level. No tax effect arises on the adjustment. Adjusted diluted earnings per share is computed on profit attributable to owners of the Holding Company after the add back, on 7,74,44,100 equity shares. UNDERSTANDING THE IND AS 29 ADJUSTMENT The Company's step down foreign subsidiary, Endoks Enerji Anonim Sirketi, operates in Turkey, which is classified as a hyperinflationary economy. Ind AS 29, Financial Reporting in Hyperinflationary Economies, requires the restatement of non monetary assets, liabilities and equity of such an entity in terms of the measuring unit current at the reporting date, with the resulting net monetary position recognised in the consolidated statement of profit and loss. For the quarter ended 30 June 2026 this resulted in a net monetary loss of ₹78.21 million, recognised within Other Expenses. The charge is non cash, arises purely from the application of the accounting standard, and involves no outflow of funds, no impairment of assets and no deterioration in the underlying operating performance of the subsidiary. It is not deductible for tax and therefore carries no corresponding tax credit. Because the charge is recognised within Other Expenses, it reduces reported EBITDA as well as reported PBT and PAT. Management therefore presents adjusted measures alongside reported measures so that shareholders can assess the underlying operating performance of the Group on a consistent basis across periods. The adjusted measures are non Ind AS measures, are not a substitute for the reported financial statements, and may not be comparable with similarly titled measures presented by other companies. A full reconciliation is set out above. Q1 FY2027 BUSINESS HIGHLIGHTS ▪ Revenue growth of 32.1% year on year to ₹2,564 million, delivered against continued volatility in raw material prices and reflecting sustained demand across the Group's high voltage and power quality portfolios. ▪ Adjusted EBITDA margin of 28.3% and adjusted PAT margin of 21.3%, both ahead of the corresponding quarter of the previous year, reflecting improved product mix and operating leverage across the Group. ▪ Order book of ₹19,455 million as on 30 June 2026, representing approximately 1.9 times FY2026 consolidated revenue and providing visibility across FY2027 and beyond. ▪ Disclosed order wins of ₹104.9 crore during the quarter, comprising ₹48.3 crore of high voltage reactors for a data centre project in the United States, a ₹40.9 crore FACTS system and equipment order secured by Endoks in Japan, and ₹15.70 crore of 400 kV instrument transformer orders secured by Mehru from Hitachi Energy India Limited. ▪ Proposed acquisition of Winwin Speciality Insulators Limited progressing, following execution of a term sheet in June 2026 for the acquisition of 100 percent of the equity share capital at an enterprise value of approximately ₹315 crore, subject to due diligence, requisite approvals and other closing conditions. ▪ Sangli manufacturing expansion on track, with machinery installation underway and trial production targeted for August 2026, subject to regulatory clearances. ▪ HVDC CTC magnet wire facility progressing as planned, with machinery installation scheduled to commence in August 2026. ▪ Endoks facility expansion in Turkey advancing, with civil construction of the new manufacturing facilities complete and interior fit out underway. The expansion will establish advanced instrument transformer manufacturing capability in Europe, and power conversion system operations are expected to commence in Q3 FY2027. ▪ Appointment of Mr. Shylendra Kumar as Group Chief Technology Officer and Senior Management Personnel, bringing over 30 years of experience in power quality and reactive power compensation, with expertise across HVDC, FACTS, renewable integration and grid power quality solutions. ▪ Interim dividend of ₹0.25 per equity share declared for FY2027, reflecting the Company's continued focus on shareholder returns. ORDER BOOK AND FORWARD PIPELINE ORDER BOOK (₹ Mn) Endoks Mehru Quality Power Others As on 30 June 2026 8,010 5,850 5,530 65 The Group closed the quarter with a consolidated order book of ₹19,455 million, equivalent to approximately 1.9 times FY2026 consolidated revenue. The book is well diversified across geographies and technology segments and is anchored by long cycle, high engineering content projects awarded by global utilities, transmission system operators, original equipment manufacturers and engineering, procurement and construction contractors. Demand momentum remains strong across the energy transition [Showing first 8,000 characters — download PDF for full document]