Press Release

Date: August 12, 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 – 400 051 BSE Scrip Code: 544454 NSE Scrip Symbol: INDIQUBE Subject: Press Release on Financial Results of Indiqube Spaces Limited (“Indiqube”) for the quarter ended June 30, 2026 Dear Sir/ Ma’am, In terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith a copy of a Press Release on the financial results of the Company for the quarter ended June 30, 2026 Thanking You. For Indiqube Spaces Limited Bhasker Dubey (Company Secretary & Compliance Officer) Indiqube Spaces Limited (formerly known as Indiqube Spaces Private Limited, Innovent Spaces Private Limited) vinfo@indiqube.com Registered and Corporate Office: www.indiqube.com Plot # 53, Careernet Campus, Kariyammanna Agrahara Road, Devarabisanahalli, +91 9900092210 Outer Ring Road, Bangalore, Karnataka, India, 560103 CIN - L45400KA2015PLC133523 IndiQube Reports Highest Ever Quarterly Revenue of ₹428 Cr in Q1 FY27, Growing 37% YoY; PAT Up 91% to ₹35 Cr Bengaluru, August 12, 2026 – IndiQube Spaces Limited, one of India’s leading Integrated Managed Spaces Platform, today announced its financial results for Q1 FY27. Commenting on the results Rishi Das, Cofounder & CEO, IndiQube said “Q1 FY27 marks a very strong start to the year, with IndiQube delivering its highest ever quarterly revenue of ₹428 crore, reflecting 37% YoY growth. What is equally encouraging is the quality of this growth, with profitability strengthening across every key metric. EBITDA increased 34% to ₹87 crore, EBIT grew 59% to ₹55 crore, and PAT grew 91% to ₹35 crore. EBITDA margins remained healthy at 20%, while EBIT and PAT margins improved to 13% and 8% respectively, demonstrating the operating leverage inherent in our platform as we continue to scale. With this momentum, we remain focused on maintaining a healthy balance of scale, profitability & capital efficiency.” Meghna Agarwal, Co-founder, IndiQube, added “Our operating performance in Q1 FY27 reflects the increasing depth and efficiency of the IndiQube platform. Steady state occupancy strengthened to 90% and overall occupancy improved to 86%, underscoring healthy customer demand and improved utilization across the portfolio. Value Added Services also continued to scale rapidly, with VAS revenue reaching ₹72 crore and its contribution to operating revenue increasing from 11% to 17%. The combination of a growing physical network, improving occupancy and a richer services mix gives us confidence in the operating trajectory of the business, and we remain optimistic about sustaining this momentum.” Q1FY27 Key Financial Highlights: • Revenue: ₹428 Cr, growing at 37% YoY • EBITDA : ₹87 Cr, with YoY growth of 34% | EBITDA Margin: 20% • EBIT : ₹55 Cr, growing at 59% YoY | EBIT Margin: 13% • Profit After Tax: ₹35 Cr, with YoY growth of 91% | PAT Margin: 8% Q1FY27 Key Operational Highlights: • Area Under Management: Increased by 1.91 Mn sq. ft. YoY, to 10.61 Mn sq. ft. • Seat Capacity: Increased by 43 K seats to 236 K Seats • Center Additions: Added 17 new centers YoY • Current Portfolio: 137 properties across 17 cities pan-India • Occupancy: Healthy 90% steady state center occupancy Credit Rating: CRISIL ‘A+’ (Stable) rating, reaffirming financial strength Consolidated Financial Highlights While the company reported strong operating performance with an estimated current tax expense of ₹8.14 Cr in Q1 FY27, a notional loss was recognised under Ind AS reporting, which is primarily due to Ind AS accounting adjustments. Under Ind AS, IndiQube reported an EBITDA margin of 61% (₹258 Cr) and a net loss of ₹24 Cr. Q1 FY27 Q1 FY26 PARTICULARS IGAAP IGAAP Ind AS Ind AS Adj. Ind AS Ind AS Adj. Eq. Eq. Revenue from operations 423 (6) 428 309 (4) 313 Other income 26 18 8 15 15 0 Total Income 449 13 436 324 11 313 Purchases of traded goods 27 0 27 10 0 10 Employee benefit expense 24 0 24 20 0 20 Finance costs 127 116 11 110 100 10 - Interest on borrowings 11 0 11 10 0 10 - Interest on lease liabilities 116 116 0 100 100 0 Depreciation & Amortization expense 188 148 40 143 113 30 - Property, Plant, Equipment & 40 0 40 30 0 30 Intangible Asset - ROU (Right-of-use Assets) 148 148 0 113 113 0 Other expenses 113 178 291 91 (127) 218 Total expenses 479 86 393 374 86 289 Profit / (loss) before tax (30) (74) 43 (50) (74) 25 Tax expense (7) (15) 8 (13) (19) 6 Profit / (loss) after tax (24) (59) 35 (37) (55) 19 The variance between Ind AS and IGAAP-equivalent reporting arises mainly from non-cash accounting impacts, primarily on account of Ind AS 116, such as; • Depreciation on Right-of-Use (ROU) assets, and • Interest on lease liabilities. These adjustments are purely accounting in nature and do not affect the company’s underlying operating strength. IndiQube’s core business, continues to demonstrate robust profitability and cash generation. (Refer to the Investor Presentation for a detailed reconciliation between Ind AS and IGAAP equivalent financials.) Financial Statements: Results for the quarter ended Jun 30, 2026, prepared under Ind AS, along with segment results, are available in the Investor Relations section of our website https://indiqube.com/investor/ Quarterly Conference Call: The earnings conference call will be held on Thursday, Aug 13, 2026, at 2:00 PM (IST) to discuss the Financial Results and performance of the company for the quarter ended Jun 30, 2026. The earnings conference call will be accessible from all networks and countries through universal access dial-ins 91 22 6280 1366 | +91 22 7115 8267 also accessible at: Click Here Further, the analyst(s)/institutional investor(s) presentation will be submitted to Stock Exchanges and shall also be hosted on the Company's website at https://indiqube.com/investor/ About IndiQube: IndiQube is one of India’s leading integrated managed spaces platforms, bringing together real estate, technology, operations, sustainability and employee experience. Through Grow, DesignQube and IndiQare, we deliver managed workspaces, agile design and build solutions, and efficient commercial space operations for GCCs, Indian conglomerates, unicorns and high growth startups across their PAN India requirements. Contact Information: IndiQube Investor Relations Investor Relations Representative: Indiqube Spaces Limited Mr. Anuj Sonpal CIN : L45400KA2015PLC133523 Valorem Advisors Email: cs.compliance@indiqube.com Tel: +91-22-4903-9500 Website: https://indiqube.com/ Email: indi@valoremadvisors.com Kit link: https://www.valoremadvisors.com/indiqube