Fujiyama Power Systems Limited has informed the exchange regarding a press release.

GUTL SOLAR August 13, 2026 The Manager The Manager Listing Department Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street, Fort Bandra (E), Mumbai 400 051 Mumbai 400 001 Maharashtra, India Maharashtra, India Scrip Symbol : UTLSOLAR Scrip Code: 544613 Subject: Press Release for the unaudited standalone & consolidated financial results for the quarter ended June 30, 2026 Dear Madam/ Sir, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 enclosed herewith is the Press Release on unaudited standalone & consolidated financial results for the Quarter ended June 30, 2026. The above details will also be available on the website of the Company at https://www.utlsolarfujryvama.com/ Kindly take the same on record. Thanking you, Yours Sincerely, For Fujiyama Power Systems Limited (Formerly Fujiyama Power Systems Private Limited) MAYURI sce” Date: 2026.08.13 G U PTA 195841 +05'30' Mayuri Gupta Company Secretary and Compliance Officer M. No.: A75210 FUSJIYAMA POWER SYSTEMS LIMITED (Formerly Fujiyama Pow er Systems Private Limited) 53.A/6, Near NDPL Grid Office, Near Metro Station, Industrial Ar ea , Sat Guru Ram Singh Marg, Delhi - 110015, India CIN - L31909DL2017PLC326513, GST No - O7AADCF2634FZ1Y www.utisolarfujiyama.com Ph : +91 9968309514, 9968309517, E-mail: investor@utlsolarfujiyama.com SUTL SOLAR Q1 FY2027 Press Release FUAY AMA SOLAN Q1 FY27 Revenue from Operations at Rs. 13,457 Mn; up 125.3% YoY Q1 FY27 EBITDA at Rs. 2,548 Mn; up 140.6% YoY with a margin of 18.9% Added 1,000+ Dealers, 80+ Distributors and 30+ Exclusive Shoppes in Q1 FY27 Total Channel Partners as of 30° June 2026 10,100+ New Delhi, 13*° August 2026: Fujiyama Power Systems Limited (“Fujiyama” or the “Company”) (BSE: 544613 | NSE: UTLSOLAR), one of India’s leading providers of rooftop solar solutions, offering an extensive portfolio across solar panels, inverters, lithium-ion batteries, chargers and power electronics systems, has announced its unaudited financial results for the quarter ended 30* June 2026. Q1 FY27 Financial Performance: Rs. Mn Q1 FY27 Q1 FY26 Y-o-Y Q4 FY26 Q-o0-Q Revenue from Operations 13,457 5,973 125.3% 9,008 49.4% EBITDA 2,548 1,059 140.6% 1,715 48.6% Margin% 18.9% 17.7% 19.0% Reported PAT 578 676 (14.5)% 1,063 (45.6)% Bawal Fire Loss Provision (Net of Tax) 1,074 - - Normalised PAT 1,652" 676 144.5% 1,063 55.4% Margin% 12.3% 11.3% 11.8% 1. Normalised PAT of Rs. 1,652 in Q1 FY27 excludes the exceptional item (net of tax) of Rs. 1,074 Mn [Rs. 1,436 Mn x (1 - 0.2517)] relating to the provision for the Bawal fire loss Key Business Highlights: * Commissioned 2,000 MW solar panel manufacturing capacity at Ratlam, Madhya Pradesh _ in Q1 FY27 * Commissioned 2,000 MW Power Electronics manufacturing capacity at Ratlam in August 2026 * The 2,000 MW Lithium-ion battery manufacturing capacity at Ratlam is expected to be commissioned by Q2 FY27 ¢ Setting up a 1,200 MW solar cell manufacturing facility at Ratlam with an investment of around Rs. 350 crore Q1 FY2027 Press Release @UTL SOLAR FUSJIYEMA SOLAN Commenting on the performance Mr. Pawan Kumar Garg, Chairman and Joint Managing Director, said: “The first quarter of FY2027 marked a positive start to the year for Fujiyama, with higher business scale, continued expansion of the distribution network and progress across the Company’s manufacturing initiatives. The demand environment for residential rooftop solar and power backup solutions remains favourable, supported by increasing solar adoption, policy initiatives and growing awareness across Tier 2 and Tier 3 markets. In this environment, the Company remained focused on expanding its reach, increasing manufacturing capacity and building greater integration across the solar value chain. Revenue from Operations increased by 125.3% YoY to Rs. 13,457 million. EBITDA grew by 140.6% YoY to Rs. 2,548 million, while EBITDA margin improved to 18.9% compared with 17.7% in Q1 FY2026. The improvement in profitability was supported by the higher scale of operations and increasing contribution from the Company’s backward integrated manufacturing platform. The performance during the quarter also reflects the growing reach of Fujiyama’s product portfolio and its ability to serve rising demand across its key markets. The distribution network recorded one of its largest quarterly expansions during Q1 FY27. The Company added more than 80 distributors, over 1,000 dealers and more than 30 exclusive Shoppes. This took the total channel partner base to over 10,100 as of June 30, 2026. The wider network gives Fujiyama greater access to customers across different markets and supports faster product availability, installation and after sales service. This remains particularly important in the residential rooftop solar segment, where proximity to customers and dependable service are important factors in purchase decisions. On the manufacturing front, the Company commissioned its 2,000 MW solar panel manufacturing facility at Ratlam during Q1 FY27. This was followed by the commissioning of the 2,000 MW power electronics manufacturing facility in August 2026. With these additions, the Company’s total solar panel and power electronics manufacturing capacities have increased to 3,568 MW and 4,180 MW, respectively. Furthermore, the 2,000 MW lithium-ion battery manufacturing capacity at Ratlam is also on track for commissioning by Q2 FY27. Once completed, the Ratlam complex will bring solar panels, power electronics and batteries under one manufacturing location, further strengthening integration across the Company’s product portfolio and supporting its growing scale of operations. The Company also took another step towards increasing backward integration during the quarter by approving the acquisition of an additional 31% stake each in Zayo Energy Private Limited and Zayo Cables Private Limited, taking Fujiyama’s shareholding in both companies from 19% to 50%. Zayo Energy is engaged in manufacturing solar module components like aluminum frame, PV Ribbon wire, busbar and solder wires, while Zayo Cables is engaged in manufacturing solar module components like PV junction box, solar cables and EVA sheet. These businesses are closely linked to Fujiyama’s existing product portfolio. The investments are intended to increase backward integration, strengthen the value chain and provide greater control over components used across the Company’s solar power solutions business. Looking ahead, the opportunity in residential rooftop solar remains favourable, supported by government initiatives, rising consumer awareness and increasing adoption. The Company’s focus will remain on ramping up the newly commissioned capacities, expanding market reach and improving integration across operations. We remain committed to providing dependable, high quality solar solutions and creating long term value for all stakeholders.” For further information, please contact: FUAIYAMA Churchgate SOLAR Investor Relations Mayuri Gupta (Company Secretary) Abhishek Dakoria / Soham Arora +91 011 41055305 +91 99454 72589 cs1@utlsolarfujiyama.com Fujivama@churchgatepartners.com }UTL SOLAR Q1 FY2027 Press Release FUSVY GMA SOLAR Powering India with an Integrated Energy Future beter Mi eae el cie eB sel NaC Be Vate athe eel Bt ald Residential Rooftop Solutions (B2C) B2B > Distribution > Inverters / PCU Lithium-ion / Tubular MonoPERC / TopCon Pf iikchaw cia PWM Solar 1, 000+ 25 S Charge Controller oc . ~( XN xzuz| aFFw mi Marine/Engine Solar Management Start Chargers Unit Shoppes PC Re i Gutae) 1,200+ 1.4 Million+ Power Supply Solutions In last 5 FY a XN 3a S p=) Hybrid Charge Controller Unit Drees yea COT TS 7,900+ ~90% r a i Nae ta cf Power Backup Solutions Alfa Online UPS 3 Phase online UPS Feedback from Service Feedback from Service 60+ 5 R&D Engineers Patents Granted (+4 Applied) Engin [Showing first 8,000 characters — download PDF for full document]