Interim report
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Juniper Green Energy Limited (Formerly known as Juniper Green Energy Private Limited) Registered office: 1103A & 1103B, 11th Floor, Hemkunt Chamber, 89, Nehru Place, New Delhi - 110019 Corporate office: 3rd and 4th Floor, Building 4, Candor TechSpace, Sector 48, Gurugram – 122001, Haryana CIN: L40100DL2011PLC228318 Email: cs@junipergreenenergy.com; website: www.junipergreenenergy.com/ Tel +91 -124 4739600, Fax +91-124 4739666 Date: October 30, 2026 To, National Stock Exchange of India Limited Exchange Plaza, C-1 Block G, Bandra-Kurla Complex Bandra (East), Mumbai – 400 051 Symbol: JNPR To, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 Scrip Code: 544853 Sub: Outcome of the meeting of Board of Directors held on October 30, 2026 Dear Sir/ Madam, Pursuant to the Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), as amended, we hereby inform you that the Board of Directors of the Company at its meeting held today i.e. October 30, 2026, has, inter-alia, approved the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and half year ended September 30, 2026 (“Financial Results”). A copy of the said Financial Results containing disclosures required under Regulation 33 and other applicable provisions of the Listing Regulations together with the Limited Review Reports issued by Walker Chandiok & Co LLP, Chartered Accountants, the Statutory Auditor of the Company is enclosed herewith. The Board Meeting commenced at 3:41 p.m. (IST) and concluded at 4:45 p.m. (IST). The trading window for dealing in the Company’s equity shares was closed from Thursday, October 1, 2026 and shall remain closed till the expiry of 48 hours from this announcement. This intimation will also be hosted on the Company’s website at https://www.junipergreenenergy.com/. We request you to kindly take the same on record. Thanking You, For Juniper Green Energy Limited Prashant Pandia Company Secretary and Compliance Officer FCS 12077 Encl: as above
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Walker Chandiok &Co LLP Walker Chandiok & Co LLP 21st Floor, DLF Square Jacaranda Marg, DLF Phase II, Gurugram - 122 002 Haryana, India T +91 124 462 8099 F +91 124 462 8001 Independent Auditor's Review Report on Standalone Unaudited Quarterly Financial Results and Year to Date Results of the Company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) To the Board of Directors of Juniper Green Energy Limited 1. We have reviewed the accompanying statement of standalone unaudited financial results (`the Statement') of Juniper Green Energy Limited (`the Company') for the quarter ended 30 September 2026 and the year to date results for the period 01 April 2026 to 30 September 2026, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (listing Regulations'). Attention is drawn to the fact that the figures for the corresponding quarter ended 30 September 2025, as reported in the Statement, have been approved by the Company's Board of directors, but have not been subjected to audit or review. 2. The Statement, which is the responsibility of the Company's management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting (And AS 34'), prescribed under section 133 of the Companies Act, 2013 ('the Act'), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with the Standards on Auditing specified under section 143(10) of the Act, and consequently, does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. \AANDi O C) SO ACCCO Chartered Accountants Offices in Ahmedabad, Bengaluru, Chandigarh, Chennai, Dehradun, Goa, Gurugram, Hyderabad, Indore, Kochi, Kolkata, Mumbai, New Delhi, Noida and Pune Walker Chandiok & Co LLP is registered with limited liability with identification number AAC-2085 and has its registered office at L- 41, Connaught Circus, Outer Circle, New Delhi, 110001, India
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Walker Chandiok &Co LLP 4. Based on our review conducted as above nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS 34, prescribed under section 133 of the Act, and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. For Walker Chandiok & Co LLP Chartered Accountants Firm Registration No: 001076N/N500013 • 41. Deepak Mittal Partner \ c;-9, Membership No.: 503843-7'% 0 \\AND/ok. UDIN: 26503843MNZHFK3372 Place: Gurugram Date: 30 October 2026 ACC° O -17 CA) Chartered Accountants
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=mg-JUMPER Green Energy Juniper Green Energy Limited (formerly known as Juniper Green Energy Private Limited) Registered office 1103A & 1103B, 11th Floor, Hemkunt Chamber, 89, Nehru Place, New Delhi- 110019 CIN: L40100DL2011PLC228318 Email: cs@junipergreenenergy.com website: www.junipergreenenergy.com Tel +91-124 4739600 Statement of Unaudited Standalone Assets and Liabilities as at 30 September 2026 (All amounts in Rs. million, unless otherwise stated) S.No. Particulars As at 30 September 2026 As at March 31, 2026 (Unaudited) (Audited) A 1 ASSETS Non -current assets Property, plant and equipment 8,353.46 1,345.97 Capital work-in-progress 1,501.91 6,708.40 Right -of-use assets 4,793.77 3,372.62 Intangible assets 0.02 0.02 Financial assets Investments 24,217.05 21,748.25 Loans 19,734.35 10,686.26 Other financial assets 302.04 496.52 Deferred tax assets (net) Non-current tax assets (net) 147.16 100.67 Other non current assets 763.15 563.42 Total non -current assets 59,812.91 45,022.13 2 Current assets Inventories 992.21 590.92 Financial assets Investments 116.65 70.50 Trade receivables 661.43 852.72 Cash and cash equivalents 4,738.69 2,204.52 Bank balance other than cash and cash equivalents 3,310.19 4,848.74 Loans 1,896.41 2,047.95 Other financial assets 2,572.32 2,397.71 Other current assets 2,135.62 1,920.24 Total current assets 16,423.52 14,933.30 Total Assets (1+2) 76,236.43 59,955.43 B EQUITY AND LIABILITIES 1 Equity Equity share capital 5,689 98 4,889.90 Other equity 46,020.73 29,389 70 Total equity 51,710.71 34,279.60 2 Non-current liabilities Financial liabilities Long term borrowings 17,718.94 17,740.29 Lease liabilities 4,109.10 2,801.49 Other financial liablities 41.13 Provisions 55.13 52.07 Deferred tax liabilities (net) 98.64 47.58 Total non -current liabilities 22,022.94 20,641.43 3 Current liabilities Financial liabilities Short term borrowings 211.08 2,094.89 Lease liabilities 20.02 12.81 Trade payables Total outstanding dues of micro enterprises and small enterprises 344.88 370.83 Total outstanding dues of creditors other than micro enterprises and small enterprises 1,115.46 399.54 Other financial liabilities 459.96 2,021.23 Other current liabilities 335.42 122.90 Provisions 15.96 12.20 Total current liabilities 2,502.78 5,034.40 Total Liabilities 24,525.72 25,675.83 Total Equity and Liabilities (1+2+3) \AANDiok cr EA Fp 76,236.43 59,955.43 -1 /44 - 14e SIGNED FOR IDENTIFICATION PURPOSES ONLY ACG0 r_,
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mead' JU 11 I PER Green Energy Juniper Green Energy Limited (formerly known as Juniper Green Energy Private Limited) Registered office . 1103A & 1103B, 11th Floor, Hemkunt Chamber, 89, Nehru Place, New Delhi- 110019 CIN L40100DL2011PLC228318 Email: cs@junipergreenenergynom website: www junipergreenenergy com Tel +91-124 4739600 Statement of Unaudited Standalone Financial Results for the quarter and six months period ended 30 September 2026 All am un S.No. Particulars Quarter ended Six months ,eriod ended Year ended 30 September 2026 30 June 2026 30 September 2025 30 September 2026 30 September 2025 31 March 2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) (Audited) I Revenue from operations 694.01 1,136.32 617.13 1,830.33 1,295.08 3,239.23 II Other income 635.19 512.79 548.56 1,147.98 1,100.08 2,228.21 III Total Income (I+II) 1,329.20 1,649.11 1,165.69 2,978.31 2,395.16 5,467.44 IV Expenses Cost of material consumed 366.93 865.76 450.38 1,232.69 1,017.16 2,486.41 Employee benefits expense 139.33 76.59 100.20 215.92 140.79 314.81 Other expenses 79.94 38.63 39.08 118.57 81.26 194.74 Total expenses 586.20 980.98 589.66 1,567.18 1,239.21 2,995.96 V Profit before finance cost, depreciation and amortisation expenses and taxes ((III) -(IV)) 743.00 668.13 576.03 1,411.13 1,155.95 2,471.48 VI Finance costs 566,82 512.15 347.13 1,078.97 672.57 1,512.49 VII Depreciation and amortisation expense 78.55 55.50 41.53 134.04 74.47 155 92 VIII Profit before tax (V-VI -VII) 97.63 100.48 187.37 198.12 408.91 803.07 IX Tax expense: Current tax expense - - 65.70 - 124.83 168.82 Deferred tax expense / (credit) 25.07 26.01 (20.14) 51.08 (33.40) 20.49 Total tax expense 25.07 26.01 45.56 51.08 91.43 189.31 X Profit for the period / year (VIII -LX) 72.56 74.47 141.81 147.04 317.48 613.76 XI Other comprehensive income Items that will not be reclassified to profit or loss 0.22 (0.31) (3.58) (0.09) (0.99) (5.97) Income tax effect (0.06) 0.08 0.90 0.02 0.25 1.50 Items that will be reclassified to profit or loss - - Income tax effect - - - - - Other comprehensive income (net of tax) 0.16 (0.23) (2.68) (0.07) (0.74) (4.47) XII Total comprehensive income for the period/year (X+XI) 72.72 74.24 139.13 146.97 316.74 609.29 XIII Paid -up equity share capital (face value of Rs. 10/- per equity share) 5,689.98 4,889.90 4,889.90 5,689.98 4,889.90 4,889 90 XIV Other equity - - - - - 29,389.70 XV Earnings per share (EPS) -face value of Rs. 10/- each* Basic (in Rs) 0.13 0.15 0.29 0.29 0.65 1.26 Diluted (in Rs) 0.13 0.15 0.29 0.29 0.65 1.25 of annualised except for the year ended 31 March 2026 WS° a SIGNED FOR IDENTIFICATION PURPOSES ONLY ytp NDIcyr co Acco E N -4 3
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-- Green Energy Juniper Green Energy Limited (formerly known as Juniper Green Energy Private Limited) Registered office: 1103A & 1103B, 11th Floor, Hemkunt Chamber, 89, Nehru Place, New Delhi- 110019 CIN: L40100DL2011PLC228318 Email: cs@junipergreenenergy.com website: www.junipergreenenergy.com Tel +91-124 4739600 Statement of Unaudited Standalone Cash Flows for the six months period ended 30 September 2026 All amounts in Rs. million, unless otherwise stated) S.No. Particulars 30 September 2026 30 September 2025 (Unaudited) (Audited) A Operating activities Profit before tax 198.12 408.91 Adjustment to reconcile profit before tax to net cash flows Depreciation and amortization expense 134.04 74.47 Interest income on Fixed deposits (849.61) (852.64) Profit on redemption of mutual fund (4.06) (1.84) Net gain on investment in Mutual Fund measured at fair value through profit and loss (0.02) (0.10) Foreign exchange loss (net) 0.26 (0.15) Other borrowing cost (bank guarantee and other charges) 1,025,98 657.12 Interest income on OCD investment in subsidiary companies (287.33) (226.12) Interest income using effective interest rate method as per IND AS 109 - (18.97) Interest expenses on lease and decommissioning liabilities 18.97 15.45 Employee stock options expenses 155.83 68.39 Loss on disposal of property plant and equipment - 11.96 Operating profit before working capital changes 392.18 136.48 Movement in working capital Increase in trade payables 192.54 11.34 (Increase) in inventories (401.29) (246.15) Increase/(Decrease) in other current liabilities 212.52 (43.01) Increase in provisions 4.93 11.52 Increase in other financial liabilities 58.67 15.54 (Increase) in other assets (371.29) (1,132.29) Decrease/(Increase) in financial assets 149.11 (859.89) Decrease in Trade Receivables 191.29 285.88 Cash flows generated from/(used in ) operating activities post working capital changes 428.66 (1,820.58) Income tax paid (net of refund) (46.47) (40.98) Net cash flow from/(used in) operating activities 382.19 (1,861.56) B Investing activities Purchase of property, plant and equipment including capital work in progress, payment to capital creditors and capital advances (3,278.74) (999.15) Proceeds from sale of property, plant and equipment - 2.90 Interest received 953.91 1,078.76 Loan given to related parties (12,176.28) (10,567.54) Loan repaid by related parties 3,279.73 10,805.49 Investment in / subscription to optionally convertible debentures of subsidiary companies (417.50) (120.60) Investment in equity shares of subsidiary companies (2,051.30) (1,000.43) (Investment) in mutual fund (net) (42.07) (113.23) Proceeds from bank deposits (net) 1,592.34 3,430.72 Net cash flow (used in)/from Investing activities (12,139.91) 2,516.92 C Financing activities Proceeds from issue of equity shares (including securities premium) 18,000.00 Payments of share issue expenses (335.78) Proceeds of loans from financial institutions 1,500.00 Proceeds of loan from bank 2,550.00 - Repayment of Non Convertible Debentures (6,000.00) - Repayment of loan to financial institutions (29.94) (28.74) Payment of lease liabilities (including interest paid on lease liabilities) (336.90) (356.11) Finance cost (including other incidental cost) paid (1,055.50) (636.80) Net cash flow from/(used in) Financing activities 14,291.88 (1,021.65) Net increase/(decrease) in cash and cash equivalents (A+B+C) 2,534.17 (366.29) Cash and cash equivalents at the beginning of the period 2,204.52 1,362.30 Cash and cash equivalents at the end of the period Elv. 4,738.69 996.01 Nil_ 0 4 <,rposTio,I-77- ...\\ A ....111 1/4-1„..--------„e __ SIGNED FOR IDENTIFICATION PURPOSES ONLY w (1. 3 D ACC,
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Notes to the Unaudited Standalone Financial Results for quarter and half year ended 30 September 2026 1 Juniper Green Energy Limited ("Company") completed its Initial Public Offer (IPO) of 8,00,09,150 equity shares of face value of ₹10 each, at an issue price of ₹225 per share (including a share premium of ₹215 per share), comprising entirely of a fresh issue aggregating to ₹18,000.00 million, including an employee reservation portion of 98,039 equity shares issued at ₹204 per share (including a share premium of ₹194 per share) aggregating to ₹20 million. The equity shares of the Company were listed on National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) on 6 August 2026. Accordingly, the unaudited standalone financial results for the quarter and half year ended 30 September 2026 have been drawn up for the first time, in accordance with the listing requirements. The details of utilisation of IPO proceeds is as follows: Object of the issue as per prospectus (Rs. in millon) Utilisation planned as per Prospectus* Total utilised upto 30 September 2026 Amount pending for utilisation as on 30 September 20264 Repayment/pre-payment, in full or part of certain borrowings availed by our Company 6,832.35 6,014.97 817.38 Investment in one of our Material Subsidiaries namely Juniper Green Gamma One Private Limited, and our Subsidiaries namely Juniper Green Kite Private Limited and Juniper Green Power Five Private Limited for repayment/ pre-payment, in full or in part, of all or a portion of certain of their outstanding borrowings 7,286.86 4,442.01 2,844.85 General corporate purpose 3,000.36 2,137.50 862.86 Total 17,119.57 12,594.48 4,525.09 *Net off of offer related expenses of Rs. 880.43 million (inclusive of applicable goods and service tax) in relation to fresh issue of shares, out of which eligible share issue expenses of Rs. 833.21 million have been adjusted against securities premium as per Section 52 of the Companies Act, 2013. The actual expenses are marginally lower vis-a-vis the expenses as per the Prospectus dated 3 August 2026 (that was based on management estimates then and was subject to change), consequent to subsequent accounting and recording of final expenditure. * The above mentioned unutilised proceeds are held in the Public Offer Account, while amounts transferred to the Monitoring Account have been placed in fixed deposits with scheduled commercial banks, pending utilisation in accordance with the stated objects of the issue. 2 The unaudited standalone financial results for the quarter and six months period ended 30 September 2026 have been prepared in accordance with the recognition and measurement principles of Indian Accounting Standard 34 -Interim Financial Reporting ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, as amended and other accounting principles generally accepted in India and is in compliance with presentation and disclosure requirements of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) ("Listing Regulations"). 3 In terms of Regulation 33 of the Listing Regulations, this statement of unaudited standalone financial results for the quarter and six months period ended 30 September 2026, of Juniper Green Energy Limited, has been reviewed and recommended by the Audit Committee and approved by the Board of Directors in their respective meeting held on 30 October 2026 and has been subject to limited review by the statutory auditors of the Company. 4 The figures for the six months period ended 30 September 2025 have been extracted from the special purpose standalone financial statements of the Company. These special purpose standalone financial statements were prepared in accordance with the Indian Accounting Standards (Ind AS') specified under the Companies (Indian Accounting Standards) Rules, 2015 (as amended), prescribed under Section 133 of the Act, and other recognised accounting principles and policies generally accepted in India. The special purpose standalone financial statements for the six months period ended 30 September 2025 were reviewed and recommended by the Audit Committee and approved by the Board of Directors at their meeting held on 20 November 2025, on which the statutory auditors issued an unmodified audit opinion vide their report dated 20 November 2025. The figures for the quarter ended 30 September 2025 are the balancing figures between the audited special purpose standalone financial statements for the six months period ended 30 September 2025 and the unaudited financial results for the quarter ended 30 June 2025, which were neither subject to review nor audit. However, the management has exercised due care and diligence to ensure that the unaudited standalone financial results for that period are fairly stated. 5 The Company publishes these unaudited standalone financial results along with the unaudited consolidated financial results. In accordance with Ind AS 108, "Operating Segments", the Company has disclosed the segment information in the unaudited consolidated financial results. 6 Effective 1 April, 2026, the Company has revised the useful life of its Plant and Machinery (Solar and Wind power plants) based on review of key operational estimates including an operational efficiency review. Accordingly, change in useful life of the said assets has been applied prospectively, in accordance with hid AS 8 - Accounting policies, change in accounting Estimates and Errors. Had the Company continued with the previous estimated useful life for charging depreciation on the aforesaid Plant and Machinery, depreciation charge for the quarter and half-year ended 30 September 2026 would have been higher by ₹3.13 million and ₹6.23 million, respectively, and consequentially deferred tax expense on the same would have been lower by ₹0.79 million and ₹1.57 million for the quarter and half-year ended 30 September 2026, respectively. Consequent to this, the net impact on Profit after tax for the quarter and half-year ended 30 September 2026 is ₹2.34 million and ₹4.66 million, respectively. 7 The Company is primarily engaged in the renewable energy business, which is seasonal in nature. During the quarter ended 30 September 2026, the Company commenced commercial generation and sale of power from one of its renewable energy projects, resulting in an expansion of its operational base. Accordingly, the financial performance for the quarter ended 30 September 2026 is not strictly comparable with the financial results for the quarter ended 30 June 2026 and 30 September 2025, and therefore should not be regarded as indicative of the financial performance for the full financial year ending 31 March 2027. 8 Previous period's/ year's figures have been regrouped/reclassified wherever necessary to confirm with the current period/year figures. The impact of such reclassification/regrouping is not material to the unaudited standalone financial results. Place: Gurugram Date: 30 October 2026 'g ut ., tour SIGNED FOR IDENTIFICATION PURPOSES ONLY \APND/0 "O -o For and on behalf of the Board of Directors of Juniper Green Energy Limited (form known as4uniper Green Energy Private Limited) An Malik Whole Time Director and Chief Executive Officer DIN: 07978604 cr c1• EN ACC0\
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Walker Chandiok &Co LLP Walker Chandiok & Co LLP 21st Floor, DLF Square Jacaranda Marg, DLF Phase II, Gurugram - 122 002 Haryana, India T +91 124 462 8099 F +91 124 462 8001 Independent Auditor's Review Report on Consolidated Unaudited Quarterly Financial Results and Year to Date Results of the Company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) To the Board of Directors of Juniper Green Energy Limited 1. We have reviewed the accompanying statement of unaudited consolidated financial results ('the Statement') of Juniper Green Energy Limited ('the Holding Company') and its subsidiaries (the Holding Company and its subsidiaries together referred to as 'the Group'), (refer Annexure 1 for the list of subsidiaries included in the Statement) for the quarter ended 30 September 2026 and the consolidated year to date results for the period 01 April 2026 to 30 September 2026, being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) ('Listing Regulations'). Attention is drawn to the fact that the figures for the corresponding quarter ended 30 September 2025, as reported in the Statement, have been approved by the Holding Company's Board of directors, but have not been subjected to audit or review 2. This Statement, which is the responsibility of the Holding Company's management and approved by the Holding Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting (`Ind AS 34'), prescribed under section 133 of the Companies Act, 2013 (`the Act'), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with the Standards on Auditing specified under section 143(10) of the Act, and consequently, does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33 (8) of the Listing Regulations, to the extent applicable. NAND/o,. 0 ACGO Chartered Accountants Offices in Ahmedabad, Bengaluru, Chandigarh, Chennai, Dehradun, Goa, Gurugram, Hyderabad, Indore, Kochi, Kolkata, Mumbai, Walker Chandiok & Co LLP is registered with limited liability with identification number AAC-2085 and has its registered office at L- 41, Connaught Circus, Outer Circle, New Delhi, 110001, India
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Walker Chandiok 8(Co LLP 4. Based on our review conducted and procedures performed as stated in paragraph 3 above upon consideration of the review reports of the other auditors referred to in paragraph 5 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS 34, prescribed under section 133 of the Act, and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. We did not review the interim financial results of 50 subsidiaries included in the Statement, whose financial information reflects total assets of ₹160,591.30 million as at 30 September 2026, and total revenues of ₹ 2,940.93 million and ₹ 5,086.05 million, total net profit after tax of ₹ 278.18 million and ₹ 464.57 million, total comprehensive income of ₹ 278.23 million and ₹ 464.39 million, for the quarter and year-to-date period ended on 30 September 2026, respectively, and net cash outflows of ₹ 741.49 million for the period ended 30 September 2026, as considered in the Statement. These interim financial results have been reviewed by other auditors whose review reports have been furnished to us by the management, and our conclusion in so far as it relates to the amounts and disclosures included in respect of these subsidiaries is based solely on the review reports of such other auditors and the procedures performed by us as stated in paragraph 3 above. Our conclusion is not modified in respect of this matter with respect to our reliance on the work done by and the reports of the other auditors. For Walker Chandiok & Co LLP Chartered Accountants Firm Registration No: 001076N/N500013 • r, Deepak Partner Membership No. 50384 -7 OANND/0 UDIN: 26503843BFCGXY6925 Place: Gurugram Date: 30 October 2026 Chartered Accountants
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Walker Chandiok &Co LLP Annexure 1 List of entities included in the Statement S.no. Name of the subsidiary company S.no. Name of the subsidiary company 1 Nisagra Renewable Energy Private Limited 36 Juniper Green Beam Alpha Private Limited 2 Juniper Green Sigma Limited 37 Juniper Green Bess One Private Limited 3 Juniper Green Three Private Limited 38 Juniper Green Bess Two Private Limited 4 Juniper Green Field Private Limited 39 Juniper Green Hybrid Seven Private Limited 5 Juniper Green Alpha Three Private Limited 40 Juniper Green Power Omega Private Limited 6 Juniper Green Sigma Six Private Limited 41 Juniper Green Ray Zeta Private Limited 7 Juniper Green India Eight Private Limited 42 Kumarmyil Renewable Energy Private Limited 8 Juniper Green Gem Private Limited 43 Juniper Green Ray Delta Private Limited 9 Juniper Green Gamma One Private Limited 44 Juniper Green Spark Phi Private Limited 10 Juniper Green Bess Zeta Private Limited 45 Juniper Green Light Phi Private Limited 11 Juniper Green Beam Private Limited 46 Juniper Green Field Six Private Limited 12 Juniper Green Beta Private Limited 47 Juniper Green Gem Six Private Limited 13 Juniper Green Cosmic Private Limited 48 Juniper Green Stellar Six Private Limited 14 Juniper Green Stellar Private Limited 49 Juniper Green Kite Six Private Limited 15 Juniper Green Bess Delta Private Limited 50 Juniper Green Field Eight Private Limited 16 Juniper Green Kite Private Limited 51 Juniper Green Cosmic Six Private Limited 17 Juniper Green Infinite Private Limited 52 Juniper Green Gem Eight Private Limited 18 Juniper Green Sigma Eight Private Limited 53 Juniper Green Stellar Eight Private Limited 19 Juniper Green Light Four Private Limited 54 Juniper Green Cosmic Eight Private Limited 20 Juniper Green India Six Private Limited 55 Juniper Green Kite Eight Private Limited 21 Juniper Green India Alpha Private Limited 56 Satara Power and Energy Private Limited 22 Juniper Green ETA Five Private Limited 23 Juniper Green Beam Six Private Limited 24 Juniper Green Beam Eight Private Limited 25 Juniper Nirjara Energy Private Limited 26 Juniper Green Theta Five Private Limited 27 Juniper Green Light Ten Private Limited 28 Juniper Green Beta Six Private Limited 29 Juniper Green Spark Four Private Limited 30 Juniper Green Spark Ten Private Limited ‘kp,NDio,ir 31 Juniper Green Gamma Two Private Limited O 32 Juniper Green Ray One Private Limited - O 33 Juniper Green Ray Two Private Limited "S• co FRED ACC° 34 Juniper Green Power Five Private Limited 35 Juniper Green Power Trading Private Limited Chartered Accountants
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isM CNIPER =IMP Green Energy Juniper Green Energy Limited (formerly known as Juniper Green Energy Private Limited) Registered office: 1103A & 1103B, Ilth Floor, Hemkunt Chamber, 89, Nehru Place, New Delhi- 110019 CIN: L40100DL2011PLC228318 Email: cs@junipergreenenergy.com website: www.junipergreenenergy.com Tel +91-124 4739600 Statement of Unaudited Consolidated Assets and Liabilities as at 30 September 2026 All amounts in Rs. million, unless otherwise stated S.No. Particulars As at 30 September 2026 As at March 31, 2026 (Unaudited) (Audited) A 1 ASSETS Non -current assets Property, plant and equipment 114,039.88 63,867.62 Capital work -in-progress 54,498.73 73,730.78 Right-of-use assets 13,737.86 10,731.96 Intangible assets 0.35 0.50 Financial assets Other financial assets 1,134.10 1,731.22 Deferred tax assets (net) 427.27 383.83 Non-current tax assets (net) 294.75 205.08 Other non current assets 12,275.84 6,904.87 Total non -current assets 196,408.78 157,555.86 2 Current assets Financial assets Investments 2,381.63 1,599.05 Trade receivables 1,964.57 1,119.37 Cash and cash equivalents 6,095.90 11,019.87 Bank balance other than cash and cash equivalents 12,570.93 22,555.10 Other financial assets 159.23 167.85 Other current assets 1,434.59 1,367.43 Total current assets 24,606.85 37,828.67 Total Assets (1+2) 221,015.63 195,384.53 B EQUITY AND LIABILITIES 1 Equity Equity share capital 5,689.98 4,889.90 Other equity 46,472.95 29,348.93 Total equity 52,162.93 34,238.83 2 Non-current liabilities Financial liabilities Long term borrowings 122,153.91 112,417.24 Lease liabilities 10,827.90 8,313.16 Other financial liabilities 403.09 - Other non current liabilities 1,183.46 - Provisions 886.69 833.72 Deferred tax liabilities (net) 701.57 476.93 Total non -current liabilities 136,156.62 122,041.05 3 Current liabilities Financial liabilities Short term borrowings 14,960.32 16,788.17 Lease liabilities 122.14 86.68 Trade payables Total outstanding dues of micro enterprises and small enterprises 83.12 22.30 Total outstanding dues of creditors other than micro enterprises and small enterprises 714.15 188.49 Other financial liabilities 16,340.68 21,547.69 Other current liabilities 396.82 417.84 Provisions 70.55 48.87 Current tax liabilities (net) 8.30 4.61 Total current liabilities 32,696.08 39,104.65 Total Liabilities 168,852.70 161,145.70 Total Equity and Liabilities (1+2+3) ‘cANND/0ir _ 221,015.63 195,384.53 -144abr—laide <,`?-. 1' z (its1 E iii-N, SIGNED FOR IDENTIFICATION -o ..4 r PURPOSES ONLY -37 3 1?&D Acco-s
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g igArlIPER ma Green Energy Juniper Green Energy Limited (formerly known as Juniper Green Energy Private Limited) Registered office: 1103A & 1103B, 11th Floor, Hemkunt Chamber, 89, Nehru Place, New Delhi- 110019 CIN: L40100DL201 IPLC228318 Email: cs@junipergreenenergy.com website: www.junipergreenenergy.com Tel +91-124 4739600 Statement of Unaudited Consolidated Financial Results for the quarter and six months period ended 30 September 2026 (All amounts in Rs. million, unless otherwise state S.No. Particulars Quarter ended Six months yeriod ended Year ended 30 September 2026 30 June 2026 30 September 2025 30 September 2026 30 September 2025 31 March 2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) (Audited) I Revenue from operations 3,44658 2,911.96 1,458.95 6,35854 3,065.63 7,18934 II Other income 269.78 33017 142.74 599.95 34805 859.96 HI Total Income (Ell) 3,716.36 3,242.13 1,601.69 6,958.49 3,413.68 8,04930 IV Expenses Cost of power purchased 12.17 21.72 33.89 - 23.23 Employee benefits expense 112.02 73.36 67.52 185.38 132.08 305.23 Other expenses 196.72 202.15 236.42 398.87 398.26 799,00 Total expenses 320.91 297.23 303.94 618.14 530.34 1,127.46 V Profit before finance cost, depreciation and amortisation expenses and taxes ((111)-(1V)) ' 3,395.45 2,944.90 1,297.75 6,34035 2,883.34 6,921.84 VI Finance costs 2,011.42 1,758.18 965.18 3,76960 1,757.32 4,001.26 VD Depreciation and amortisation expense 989.91 745.17 579.90 1,735 08 1,081.88 2,368.64 VIII Prolit/(Loss) before tax (V -VI -VII) 394.12 441.55 (247.33) 835.67 44.14 551.94 IX Tax expense: Current tax expense 3.05 10.90 88.18 13.95 195.10 242.20 Deferred tax expense /(credit) 85.20 96.13 (151.47) 181.33 (183.79) (94,90) Total tax expense 88.25 107.03 (63.29) 195.28 11.31 14730 X Profit/(Loss) for the period /year (VIII -LX) 305.87 334.52 (184.04) 640.39 32.83 404.64 XI Other comprehensive income Items that will not be reclassified to profit or loss 0.45 (0.98) (2.76) (0.53) (0.41) (5.40) Income tax effect (0.12) 0.23 0.71 0.11 0.15 1.34 Items that will be reclassified to profit or loss - - - Income tax effect - - - - Other comprehensive income (net of tax) 0.33 (0.75) (2.05) (0.42) (0.26) (4.06) XII Total comprehensive income for the period/year (X+Xl) 306.20 333.77 (186.09) 639.97 32.57 400.58 Xill Paid-up equity share capital (face value of Rs. 10/- per equity share) 5,689.98 4,889.90 4,889.90 5,689.98 4,889.89 4,889.90 XIV Other equity - - - - 29,348.93 XV Earnings per share (EPS) -face value of Rs. 10/- each* Basic (in Rs) 0.57 0.68 (0.38) 1.25 0.07 0.83 Diluted (in Rs) 0.57 0.68 (0.38) 1.24 0.07 0.83 " Not annualised except for the year ended 31 March 2026 NW We SIGNED FOR IDENTIFICATION PURPOSES ONLY \.\ AND/ 0 r - -or D ACCO-\\ 0 re 0.1 EN
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.invunipER -- Green Energy Juniper Green Energy Limited (formerly known as Juniper Green Energy Private Limited) Registered office: 1103A & 1103B, 11th Floor, Hemkunt Chamber, 89, Nehru Place, New Delhi- 110019 CIN: L40100DL2011PLC228318 Email: csr&junipergreenenergy.com website: www.junipergreenenergy.com Tel +91-124 4739600 Statement of Unaudited Consolidated Cash Flow for the six months period ended 30 September 2026 (All amounts in Rs. million, unless otherwise stated) S.No. Particulars 30 September 2026 30 September 2025 (Unaudited) (Audited) A Operating activities Profit before tax 835.67 44.14 Adjustment to reconcile profit before tax to net cash flows Depreciation and amortization expense 1,735.08 1,081.88 Interest income (498.62) (300.40) Profit on redemption of mutual fund (27.57) (31.75) Gain on fair valuation of financial instruments through profit & loss (23.07) (9.41) Foreign exchange loss (net) 0.23 - Finance costs 3,551.04 1,654.20 Interest expenses on lease liabilities, decommissioning liabilities and deferred duty liability 140.02 103.12 Employee stock options expenses 60.65 30.62 Loss on sale of property, plant and equipment 0.74 19.42 Amortisation of deferred revenue (0.05) - 'Foreign exchange fluctuation 44.52 - Loss on termination of lease - 5.04 Operating profit before working capital changes 5,818.64 2,596.86 Movement in working capital (Increase)/ Decrease in trade receivable (845.20) 60.17 Decrease/ (Increase) in other financial assets 45.48 (76.58) (Increase) in other current assets (330.92) (444.99) Increase in provisions 40.53 24.21 Increase in trade payables 89.05 26.12 Increase in other financial liabilities 442.32 - Increase in other current liabilities 1,162.48 (228.71) Cash flows generated from operating activities post working capital changes 6,422.38 1,957.08 Income tax paid (net of refund) (99.93) (100.77) Net cash flow from operating activities 6,322.45 1,856.31 B Investing activities Purchase of property, plant and equipment including capital work in progress, payment to capital creditors and capital advances (42,316.75) (27,450.44) Proceeds from sale of property, plant and equipment 7.07 11.56 Amount paid for acquisition of subsidary - (19.83) Interest received 508.16 358.53 (Purchase)/sale of mutual funds (net) (731.94) 15.43 Redemption/(investment) in bank deposits (net) 10,534.89 (631.27) Net cash flow used in Investing activities (31,998.57) (27,716.02) C Financing activities Proceeds from issue of equity shares (including securities premium) 18,000.00 Payments of share issue expenses (335.78) - Proceeds of loans from financial institutions 41,730.04 29,973.80 Repayment of Non Convertible Debentures (6,000.00) - Proceeds of loan from bank 9,354.84 - Repayment of loan to financial institutions (25,590.72) (636.73) Repayment of loan to bank (11,530.25) - Payment of lease liabilities (including interest paid on lease liabilities) (1,073.70) (1,093.55) Finance cost (including other incidental cost) (3,802.27) (1,623.59) Net cash flow from Financing activities 20,752.16 26,619.93 Net (decrease)/ increase in cash and cash equivalents (A+B+C) (4,923.97) 760.22 Cash and cash equivalents at the beginning of the period 11,019.87 2,755.52 Cash and cash equivalents on acquisition of subsidary - 0.16 Cash and cash equivalents at the end of the period 6,095.90 3,515.90 '- SIGNED FOR IDENTIFICATION PURPOSES ONLY <3 \..kA Dio O 0 EN EN <)? A CO
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Notes to the Consolidated Unaudited Financial Results for quarter and half year ended 30 September 2026 1 Juniper Green Energy Limited ("the Holding Company") completed its Initial Public Offer (IPO) of 8,00,09,150 equity shares of face value of ₹10 each, at an issue price of ₹225 per share (including a share premium of ₹215 per share), comprising entirely of a fresh issue aggregating to ₹18,000.00 million, including an employee reservation portion of 98,039 equity shares issued at ₹204 per share (including a share premium of ₹194 per share) aggregating to ₹20 million. The equity shares of the Company were listed on National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) on 6 August 2026. Accordingly, the unaudited consolidated financial results for quarter and half year ended 30 September 2026 have been drawn up for the first time, in accordance with the listing requirements. The details of utilisation of IPO proceeds is as follows: Object of the issue as per prospectus (Rs. in millon) Utilisation Total utilised upto Amount pending for planned as per 30 September utilisation as on 30 Prospectus* 2026 September 2026 4 Repayment/pre-payment, in full or part of certain borrowings availed by Holding Company 6,832.35 6,014.97 817.38 Investment in one of our Material Subsidiaries namely Juniper Green Gamma One Private Limited, and our Subsidiaries namely Juniper Green Kite Private Limited and Juniper Green Power Five Private 7,286.86 4,442.01 2,844.85 Limited for repayment/ pre-payment, in full or in part, of all or a portion of certain of their outstanding borrowings General corporate purpose 3,000.36 • 2,137.50 862.86 Total 17,119.57 12,594.48 4,525.09 *Net off of offer related expenses of Rs. 880.43 million (inclusive of applicable goods and service tax) in relation to fresh issue of shares, out of which eligible share issue expenses of Rs. 833.21 million have been adjusted against securities premium as per Section 52 of the Companies Act, 2013. The actual expenses are marginally lower vis-a-vis the expenses as per the Prospectus dated 3 August 2026 (that was based on management estimates then and was subject to change), consequent to subsequent accounting and recording of final expenditure. # The above mentioned unutilised proceeds are held in the Public Offer Account, while amounts transferred to the Monitoring Account have been placed in fixed deposits with scheduled commercial banks, pending utilisation in accordance with the stated objects of the issue. 2 The unaudited consolidated financial results for the quarter and six months period ended 30 September 2026 have been prepared in accordance with the recognition and measurement principles of Indian Accounting Standard 34 -Interim Financial Reporting ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, as amended and other accounting principles generally accepted in India and is in compliance with presentation and disclosure requirements of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) ("Listing Regulations"). 3 In terms of Regulation 33 of the Listing Regulations, this statement of unaudited consolidated financial results for the quarter and six months period ended 30 September 2026, of Juniper Green Energy Limited (the Holding Company) and its subsidiaries (the Holding Company and its subsidiaries together referred as the "Group"), has been reviewed and recommended by the Audit Committee and approved by the Board of Directors in their respective meetings held on 30 October 2026 and has been subject to limited review by the statutory auditors of the Holding Company. 4 The figures for the six months period ended 30 September 2025 have been extracted from the special purpose consolidated financial statements of the Group. These special purpose consolidated financial statements were prepared in accordance with the Indian Accounting Standards (Ind AS') specified under the Companies (Indian Accounting Standards) Rules, 2015 (as amended), prescribed under Section 133 of the Act, and other recognised accounting principles and policies generally accepted in India. The special purpose consolidated financial statements for the six months period ended 30 September 2025 were reviewed and recommended by the Audit Committee and approved by the Board of Directors at their meeting held on 20 November 2025, on which the statutory auditors issued an unmodified audit opinion vide their report dated 20 November 2025. The figures for the quarter ended 30 September 2025 are the balancing figures between the audited special purpose consolidated financial statements for the six months period ended 30 September 2025 and the unaudited financial results for the quarter ended 30 June 2025, which were neither subject to review nor audit. However, the management has exercised due care and diligence to ensure that the unaudited consolidated financial results for that period are fairly stated. 5 The Group is primarily in the business of sale of power and establishing, commissioning, setting up, operating and maintaining power generation using renewable power plants within India. Chief Operating Decision Maker (CODM) reviews the financial information of the Group as a whole for decision-making and accordingly, the Group has a single reportable segment. Further, the operations of the Group are limited within one geographical segment i.e. India. 6 Effective 1 April, 2026, the Group has revised the useful life of its Plant and Machinery (Solar and Wind power plants) based on review of key operational estimates including an operational efficiency review. Accordingly, change in useful life of the said assets has been applied prospectively, in accordance with Ind AS 8 - Accounting policies, change in accounting Estimates and Errors. Had the Group continued with the previous estimated useful life for charging depreciation on the aforesaid Plant and Machinery, depreciation charge for the quarter and half-year ended 30 September 2026 would have been higher by ₹125.39 million and ₹249.44 million, respectively, and consequentially deferred tax expense on the same would have been lower by ₹26.91 million and ₹53.53 million, for the quarter and half- year ended 30 September 2026, respectively. Consequent to this, the net impact on Profit after tax for the quarter and half-year ended 30 September 2026 is ₹98.48 million and ₹195.91 million, respectively. 7 The Group is primarily engaged in the renewable energy business, which is seasonal in nature. Further, the Holding Company and certain subsidiary companies commenced commercial generation and sale of power during the current quarter ended 30 September 2026, resulting in an increase in the operational base of the Group. Accordingly, the financial performance for the quarter ended 30 September 2026 is not strictly comparable with the financial results for the quarter ended 30 June 2026 and 30 September 2025, and should not be regarded as indicative of the financial performance for the full financial year ending 31 March 2027. 8 Previous period's/ year's figures have been regrouped/reclassified wherever necessary to confirm with the current period/year figures. The impact of such reclassification/regrouping is not material to the unaudited consolidated financial results. Place: Gurugram Date: 30 October 2026 WII40 0 PURPOSES ONLY SI IDENTIFICATIONGN EDNF 1- O For Juni Cr on b a of the Board of Directors of reen,: rgy Limited A sh Malik Whole Time Director and Chief Executive Officer 94 4( qg 404 LLI E ,f3' ACC