TITAN Q1 2027 Earnings Report

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Titan Company Limited `INTEGRITY` #193 Veerasandra Electronics City P.O. Off Hosur Main Road, Bangalore 560100 India. Tel: 9180 6704 7000 Fax: 9180 6704 6262 Registered Office 3, Sipcot Industrial Complex Hosur 635 126 TN India. Tel-91 4344 664 199 Fax 91 4344 276037, CIN: L74999TZ1984PLC001456 www.titancompany.in SEC 52 / 2026-27 7th August 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G Dalal Street Bandra Kurla Complex Mumbai 400 001 Bandra (E), Mumbai 400 051 Maharashtra, India Maharashtra Scrip Code: 500114 Symbol: TITAN Dear Sir/ Madam, Sub: Unaudited Standalone and Consolidated Financial Results for the quarter ended 30th June 2026 We enclose the Unaudited Standalone and Consolidated Financial Results for the quarter ended 30th June 2026 , which have been approved and taken on record at a meeting of the Board of Directors of the Company held today. A copy of the Press Release issued in this regard is also attached. Also enclosed herewith is the Limited Review Report of the Financial Results for the quarter ended 30th June 2026 issued by the Company’s statutory auditors M/s B S R & Co. LLP, Chartered Accountants. The Board meeting commenced at 2:00 p.m. and the results were approved at 3:45 p.m. and the meeting continued thereafter for other matters. The above information is also available on the website of the Company: www.titancompany.in Kindly acknowledge receipt. Thank you. Yours truly, For TITAN COMPANY LIMITED Dinesh Shetty General Counsel & Company Secretary

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♦ TIT/\N C D M PI\N'Y TITAN REGISTERS A STRONG START TO FV27, GROWS 40% FOR THE QUARTER I Festive and Akshaya Tritiya-Led Demand Anchors Broad-Based Growth; North America Market Powers International Business Growth Bengaluru, ]th August 2026 Titan Company Limited ('Titan'), announced its Q1FY27 results today. Key highlights: • Financial Performance : Consolidated Total Income was ~20,753 crores, up 40%, marking a strong start to the fiscal year and sustaining the growth momentum carried over from an exceptional FY26 • Profitability: Profit before Tax was ~2,429 crores at 11.7% margin, a 64% increase. Adjusting for the impact of custom duty increase in gold for the quarter, the Profit Before Tax grew 37% compared to Q1FY26. • Jewellery: Jewellery portfolio grew 43% to U8,253 crores (excl. Bullion and Digi-gold sales), powered by healthy festive and Akshaya Tritiya demand and the enduring strength of Titan's exchange programs, underscor ing resilient consumer confidence amid a stable gold price environment • Watches: Led by continuing premiumization trends and enduring consumer preference for analog timepieces, the Watches portfolio grew 21% to U,543 crores • EyeCare: EyeCare clocked a robust 21% growth to ~289 crores, marking a strong start to the year, driven by healthy demand across its product portfolio and an ongoing shift towards premium offerings • During the quarter, Titan showcased its high-end & fine watchmaking credentials at an exclusive Geneva showcase of 'Watches & Wonders', the world's most prestigious watch show. New launches included the Nebula Genesis 'Starburst', a diamond-set timepiece inspired by the birth of a star, and Zero Hour, Titan 's first professional diver's collection on the in-house 7 ACO calibre. Two timepieces, the Edge Ultraslim Mechanical and the Titan Wandering Meteor were Division's official GPHG entries heralding a significant step in taking Indian horology and craftsmanship to the world • Tanishq strengthened its portfolio through the launch of 'Hues', a design-led collection of 100% natural coloured gemstones - including emeralds, amethysts and tanzanites - set in 18kt gold and crafted for expressive, everyday wear I Financial Highlights: Note: Particular s Consolidated (" crores) Q1FY26 Q1FY27 YoY% Total Income 14,778 20,753 40% a. b. C. d Earnings before Interest & Tax 1,751 2,782 59% % 11.8% 13.4% 156 bps Profit before Tax 1,480 2,429 64% % 10.0% 11.7% 169 bps Profit after Tax 1,091 1,777 63% % 7.4% 8.6% 118 bps Total Income excludes Bullion sales & Digi-gold sales in all the periods Numbers and growth percentages are rounded to the nearest integers \ Profit is before exceptional items, if any The above Profits reflect the reported consolidated financials and include custom duty gains of 'f407 crores. The adjusted Profits are detailed in the Jewellery {India) Business performance section Titan Company Limited 'INTEGRITY', #193, V4:!4:!rasandra , Electr onics City P.O., OH ~osur Mai n R.oad, Bengaluru ;G0100 , Karnatak a, Indi a. Tel: +91-80-6704- 7000 Fax: +91-80-6704-6262 Registered Office: 3, SJ PCOT Indu strial Compl ex, Hosur 635126, Tamil Nadu, India . Tel: +91-4344-664-199 Fax: +91-4344 -276-037: CJN: L74999TZ1984PLC001456 www .titancompany .in

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I Business Performance: Jewellery 8 Amidst a relatively stable gold price environment, all the portfolio brands grew well. A double-digit portfolio buyer growth was accompanied by sizeable increase in average ticket sizes that powered strong mid-thirties growths in the key product categories of plain and studded jewellery. The International Jewellery business scaled sharply with Tanishq recording strong North America traction and encouraging double-digit growth in the GCC. The Core Damas business witnessed a gradual recovery across key parameters. • The Jewellery Business grew 43% over Q1FY26 to '18,253 crores. Within this, compared to Q1FY26, o The India Business Income rose 38% to '16,943 crores, comprising of ■ Tanishq, Mia and Zoya business (combined) growing 38% to '15,502 crores ■ Caratlane recording 40% growth to reach '{1,441 crores o The International business grew 136% to '{1,309 crores ■ Tanishq, Mia and Caratlane business (combined) growing 65% to '{913 crores ■ Damas (core) business clocked Revenue of '{396 crores • The Jewellery Business achieved an EBIT of '{2,360 crores at a margin of 12.9%. Within this, compared to Q1FY26, Note: 1. 2. o The India Business clocked an EBIT of '{2,368 crores at 14.0% margin (adjusted for Custom Duty {'CD') gains of '{407 crores, EB/Twas '{1,961 crores at 11.6% margin). Within this, ■ Tanishq, Mia and Zoya business (combined) recorded an EBIT of '{2,202 crores at 14.2% margin (adjusted for CD gains of '{386 crores, EBIT was '{1,816 crares at 11.7% margin} ■ Caratlane recorded an EBIT of '166 crores at 11.5% margin {adjusted for CD gains af '{21 crores, EB/Twas '{145 crares at 10.1% margin) o The International jewellery business recorded a loss of '{8 crores ■ Tanishq, Mia and Caratlane business (combined) recorded an EBIT of '{59 crores at 6.5% margin ■ Damas business recorded a loss of '{67 crores All figures above exclude Bullion and Digi-Gald sales in all the periods Damas financials included post acquisition from Q4FY26 During the quarter, the Division added 33 stores (net) in India, comprising of 4 Tanishq stores, 17 Mia stores, 1 beYon store and 11 Caratlane stores. The Tanishq business saw 2 new store openings in the GCC region during the quarter. Damas closed 1 (net) store in the quarter. Watches ~ The Watches business delivered a healthy quarter, with analog watches recording mid-twenties growth and leading overall growth for the Division. The Smart Watches business declined in single digits during the period. Business achieved Total Income of '{1,543 crores for the quarter growing 21% over Q1FY26 and achieving an EBIT of '{295 crores at 19.1% margin . 34 new stores (net) were added in the quarter consisting of 9 stores each in Titan World and Fastrack, 14 stores in Helios and 2 stores in Helios Luxe. EyeCareW Business accelerated its growth momentum through calibrated marketing investments that drove multi-pair and multi-category consumer propositions, alongside continued premiumization across the product portfolio . Business achieved Total Income of '{289 crores in Q1FY27 growing 21% over Q1FY26 and recorded an EBIT of '{24 crores at 8.3% margin. Division opened 6 new stores in Titan Eye+ and 1 new Runway store during the quarter. Titan Company Limited 'INTEGRITY', #193, Veerasandra, Electronics City P.O., Off Hosur Main Road, Bengaluru 560100, Karnataka, India. Tel: +91-80-6704-7000 Fax: +91-80-6704-6262 Registered Office: 3, SIPCOT Industrial Complex, Hosur 635 126, Tamil Nadu, India. Tel: +91-43 44-66 4-199 Fax: +91-4344 -276-037: CIN: l74999TZ198 4PLC001 456 www .titancompany.in ATATA ntepr

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Emerging Businesses@ The Emerging Businesses comprising of SKINN Fragrances, IRTH Women's Bags and Indian Dress Wear (Taneira) saw varying growth trajectories across individual businesses. Fragrances maintained its strong volume momentum across both the Skinn and Fastrack perfume lines, IRTH Women's Bags witnessed robust volume growth and continued to gain in brand salience whereas Taneira's revenue was flattish for the quarter. Total Income for all the businesses (combined) for Q1FY27 grew 18% to U28 crores recording a loss of ~39 crores for this period . Titan Engineering & Automation Limited ('TEAL') @ TEAL delivered yet another strong quarter with the business growing 43% compared to Q1FY26 recording a Total Income of ~438 crores for Q1FY27. The Automation Solutions (AS) business cont inued its order accretion momentum while the Manufacturing Services (MS) business maintained an healthy growth rate in this period . EBIT for the quarter was ~143 crores. Commenting on the quarterly performance, Mr. Ajoy Chawla, Managing Director of the Company stated that: "Q1FY27 was a strong opening quarter for us, with our Consumer Businesses registering 40% YoY growth. Through innovation and design led differentiation, our portfolio of brands across Jewellery, Watches, EyeCare and Emerging businesses continue to deliver exceptional value to customers seeking premium offerings. Our TEAL business is growing from strength to strength, raising the bar of excellence in the high-precision engineering sectors and delivering best-in-class value for our customers. The broad-based performance notwithstanding, the quarter demanded significant agility on multiple fronts from navigating gold prices to the sharp changes in the duty structure and to managing geopolitical headwinds across our international operations. We continue to remain focused on brand investment, customer engagement, and disciplined execution that has defined Titan's growth journey ." I Conference Call: The earnings conference call is scheduled on August 7, 2026, at 6:00 PM, India time. The registration details for the call can be accessed at https://titanco.short.gy/uzpyDI I About Titan: Titan Company Limited ('Titan), a joint venture between the Tata Group and the Tamil Nadu Industrial Development Corporation ('TIDCO'), commenced its operations in 1987 under the name Titan Watches Limited. In 1994, Titan diversified into Jewellery ('Tanishq') and subsequently into EyeCare. Over the last three decades, Titan has expanded into underpenetrated markets and created lifestyle brands across different product categor ies including Fragrances ('Skinn'), Indian Dress Wear ('Taneira'), thoughtfully designed Women Bags ('lrth') and recently in Lab grown Diamonds ('beYon'). Titan is widely known for transforming the watch and jewellery industry in India and for shaping India's retail market by pioneering experiential retail in all of its consumer product categories . Learn more about Titan on: https://www.titancompany.in/ ml X @) For more information, please contact: Investor Relations: investor-relations@titan.co.in investor@titan.co .in Corporate Communications: corpcomm@titan .co.in Titan Company Limited 'INTtGA.ITV', #19~, Veerasandra, Electronics City P.O., Off Hosur Ma in Road, Bengaluru 560100, Karnataka, India. Tel: +91-80-6704-7000 Fax: +91-80-6704-6262 Registered Office: 3, SIPCOT Indust rial Complex, Hosur 635126, Tamil Nadu, India. Tel: +91-4344- 664-199 Fax: +91-4344 -276-037: CIN: L74999TZ1984PLC001456 www .titancompany.in A TATA Enterpn

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BS R & Co. LLP Chartered Accountants Embassy Golf Links Business Park Pebble Beach, B Block, 3rd Floor No. 13/2, off Intermediate Ring Road Bengaluru - 560 071, India Telephone: +91 80 4682 3000 Fax: +91 80 4682 3999 Limited Review Report on unaudited consolidated financial results of Titan Company Limited for the quarter ended 30 June 2026 pursuant to Regulation 33 and Regulation 52(4) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, as prescribed in Securities and Exchange Board of India operational circular SEBI/HO/DDHS/P/CIR/2021/613 dated 10 August 2021, as amended To the Board of Directors of Titan Company Limited 1. We have reviewed the accompanying Statement of unaudited consolidated financial results of Titan Company Limited (hereinafter referred to as "the Parent"), and its subsidiaries (the Parent and its subsidiaries together referred to as "the Group") and its share of the net profit after tax and total comprehensive income of its associate and joint venture for the quarter ended 30 June 2026 ("the Statement"), being submitted by the Parent pursuant to the requirements of Regulation 33 and Regulation 52(4) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations"), as prescribed in Securities and Exchange Board of India operational circular SEBI/HO/DDHS/P/CIR/2021/613 dated 10 August 2021 , as amended. 2. This Statement, which is the responsibility of the Parent's management and approved by the Parent'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, and other accounting principles generally accepted in India and in compliance with Regulation 33 and Regulation 52(4) of the Listing Regulations, as prescribed in Securities and Exchange Board of India operational circular SEBI/HO/DDHS/P/CIR/2021/613 dated 10 August 2021, as amended. 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) 241 O "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 Standards on Auditing 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 Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent applicable. 4. The Statement includes the results of the entities mentioned in Annexure I to the Statement. 5. Attention is drawn to the fact that the figures for the three months ended 31 March 2026 as reported in the Statement are the balancing figures between audited figures in respect of the full previous financial year and the published year to date figures up to the third quarter of the previous financial year. The figures up to the end of the third quarter of previous financial year had only been reviewed ~ oot sobjected to a,d;t. BS R & Co. (a partnership firm with Registration No. BA61223 ) converted into BS R & Co. LLP (a Limited Liability Partnership with LLP Registration No. AAB-8181) with effect from October 14, 2013 Registered Office: 14th Floor, Central B Wing and North C Wing, Nesco IT Park 4, Nesco Center, Western Express Highway, Goregaon (East), Mumbai - 400063 Page 1 of 4

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BS R & Co. LLP Limited Review Report (Continued) Titan Company Limited 6. Based on our review conducted and procedures performed as stated in paragraph 3 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 the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 and Regulation 52(4) of the Listing Regulations, as prescribed in Securities and Exchange Board of India operational circular SEBI/HO/DDHS/P/CIR/2021/613 dated 10 August 2021, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. Bengaluru 07 August 2026 For B S R & Co. LLP Chartered Accountants Firm's Registration No.:101248W/W-100022 Partner Membership No.: 218495 UDIN:26218495SVQHOG9000 Page 2 of4

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BS R & Co. LLP Limited Review Report (Continued) Titan Company Limited Annexure I List of entities included in unaudited consolidated financial results. Sr. No Name of component Relationship 1 Titan Company Limited (includes ESOP trust) Parent 2 Titan Engineering & Automation Limited Subsidiary 3 TEAL USA Inc. Subsidiary of Titan Engineering & Automation Limited 4 CaratLane Trading Private Limited Subsidiary 5 StudioC Inc. Subsidiary of CaratLane Trading Private Limited 6 Titan Holdings International FZCO Subsidiary 7 Titan Watch Company Limited, Hong kong Subsidiary of Titan Holdings International FZCO 8 Titan Global Retail L.L.C Subsidiary of Titan Holdings International FZCO 9 Titan International QFZ L.L.C, Qatar Subsidiary of Titan Holdings International FZCO 10 Titan Commodity Trading Limited Subsidiary 11 TCL North America Inc. Subsidiary 12 Green Infra Wind Power Theni Limited Associate 13 Signature Jewellery Holding Limited Subsidiary of Titan Holdings International FZCO, Dubai (w.e.f 9 October 2025) 14 Damas LLC Subsidiary of Signature Jewellery Holding Limited (w.e.f 4 January 2026) 15 Damas Jewellery LLC Subsidiary of Damas LLC (w.e.f 4 January 2026) 16 Damas Jewellery DMCC Subsidiary of Damas Jewellery LLC (w.e.f 4 January 2026) Page 3 of 4

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BS R & Co. LLP 17 Damas Jewellery Kuwait Co. WLL 18 Damas Saudi Arabia Co. Ltd. 19 Damas Doha Jewellery WLL 20 Damas Jewellery SPC 21 Damas Company WLL 22 Roberto Coin Middle East LLC Limited Review Report (Continued) Titan Company Limited Subsidiary of Damas Jewellery LLC (w.e.f4 January 2026) Subsidiary of Damas Jewellery LLC (w.e.f4 January 2026) Subsidiary of Damas Jewellery LLC (w.e. f 4 January 2026) Subsidiary of Damas Jewellery LLC (w.e.f 4 January 2026) Subsidiary of Damas Jewellery LLC (w.e.f 4 January 2026) Joint Venture (w.e.f 4 January 2026) Page 4 of4

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TITAN COMP ANY LIMITED CJN: L74999TZ1984PLC001456 .-1.--"'.r-.J COIVl l ~ANV 3, SIPCOT I DUSTRIAL COMPLEX, HOSUR 635 126. STATEMENT OF CONSOLIDATED UNAUDITED FINANCIAL RES UL TS FOR THE QUARTER ENDED 30 JUNE 2026 fi n crores excep t ea rnin gs per sha re Particulars 3 months ended Year ended 30-06-2026 31-03-2026 30-06-2025 31-03-2026 (Unaudited) (Audited)' (Unaudited) (Audited) I. Reve nue from operati ons (refer note 4) - Sale of product s/ services 20,787 20,607 14,814 76,797 - O ther operating revenues 569 6,313 1,709 10,787 II. Other income 146 184 105 552 III. Total income (I +II) 21,502 27,104 16,628 88,136 IV. Expenses: Cost of materials ilnd components consumed 11 ,147 21,430 11,122 69,212 Purchase of stock-in-trad e 2,906 3,067 2,051 11,031 Changes in inventories of finished goo ds, stoc k-in-trade and work-in-progress 1,896 (2,097) (362) (9,936) Employee benefit s expe nse 804 828 591 2,681 Finance costs 353 350 271 1,180 Depreciation and amortisation expense 256 246 184 826 Advertising 436 394 328 1,535 Other expenses 1,277 1,361 963 4,706 IV. Total expenses 19,075 25,579 15,148 81,235 V. Profit before shar e of profit of an associate and joint ventur e, exceptional item and tax (!IT - 2,427 1,525 1,480 6,901 IV) VI. Share of profit of: - Ass ocinte and joi.nt ve nture* 2 0 0 1 VII. Pro fit before excep tional item and tax (V + VI) 2,429 1,526 1,480 6,902 Vlll. Exceptional item (refer note 6) - (51) - 101 IX. Profit before tax (VII - VIII) 2,429 1,577 1,480 6,801 X. Tax expense: Current tax 654 403 378 1,740 Deferred tax (credit ) / charg e (2) (5) 11 (12) X. Total tax 652 398 389 1,728 XI. Profit for the period (IX - X) 1,777 1,179 1,091 5,073 XII. Other comprehensive income (i) Items that will not be reclassified to the statement of profit and loss - Remeasurement of em ployee defin ed benefit plans (9) (28) (6) (79) - Income-tax on (i) above 2 7 1 20 (ii) Items that will be reclass ified to the stateme nt of profit and loss a. Exchange differen ces on translating the financial statements of foreign operations• 0 (19) (2) (35) - Income-tax on (a) above* 0 1 0 b. Net move ment on Effective portion of Cash Flow Hedges 2 (3) - (3) - Income-tax on (b) above• 0 1 - 1 XII. Total other comprehensive (loss)/income (5) (42) (6) (96) XIII. To tal compre hensive income (XI+ XII) 1,772 1,137 1,085 4,977 Profit for the period attribut able to: - Owners of the Gro up 1,777 1,179 1,091 5,073 - Non-controllin g interest - - - 1,777 1,179 1,091 5,073 Other com prehen sive (loss) / income for the period attributable to: - Owne rs of the Gro up (5) (42) (6) (96) - on-contr ollin g interest - - - (5) (42) (6) (96) Total compreh ensive income for the period attributable to: - Owne rs of the Group 1,772 1,137 1,085 4,977 - No n-controllin g intere st - - - 1,772 1,137 1,085 4,977 XIV. Paid up equity share cap ital (face value~ 1 per share ): 89 89 89 89 XV. Other equity: 15,614 XVI. Earning s per eq uity shar e of~ 1: I based on net profit for the period (XI)} Basic (not annuali sed) 20.03 13.28 12.30 57.1 9 Diluted (not annualised) 20.02 13.27 12.30 57.16 * Items not presented due to round ing off to the nearest t crore. See accompanying notes to the consolidated unaudit ed financial resul ts

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TITAN COMP ANY LIMITED CIN: L74999TZ1984PLC001456 3, SIPCOT INDUSTRIAL COMPLEX, HOSUR 635 126. STATEMENT OF CONSOLIDATED UNAUDITED FINANCIAL RES UL TS FOR THE QUARTER ENDED 30 JUNE 2026 SEGMENT INFORMATION (Refer note 3) 3 months ended Particulars 30-06-2026 31-03-2026 30-06-2025 (Unaudited) (Audited) ' (Unaudited ) Segment reve nues and profit and loss a) Reven ue (includin g other income) Watches 1,543 1,222 1,273 Jewe llery (refer no te 4) 19,002 24,999 14,647 Eyecare 289 227 238 Others 566 577 415 Corporate (una llocated) 102 79 55 Total 21,502 27,104 16,628 b) Profi t/ (loss) from segments before finance costs, excep tional item and tax Wa tches 295 143 287 Jewe llery 2,360 1,820 1,408 Eyecare 24 21 20 Others 104 32 61 Corporate (un allocated) (1) (141) (25) Total 2,782 1,875 1,751 Fin;rnce costs 353 350 271 Exceptional item (refer note 6) - (51 ) - Profit before tax including share from associate and joint venture 2,429 1,577 1,480 c) Segment assets and liab ilities Segment asse ts Watches 5,367 4,970 4,467 Jewe llery 49,692 47,325 29,897 Eyeca re 726 728 697 Others 2,050 1,910 1,742 Co rporate (Unallocated) 6,049 5,628 4,785 Total 63,884 60,561 41,588 Segment liabilities Watches 1,502 1,528 1,376 Jewellery 31,537 33,753 19,710 Eyecare 446 440 403 Others 979 940 886 Corpora te (Unallocated) 11,932 8,197 6,492 Total 46,396 44,858 28,867 tin crores Year ended 31-03-2026 (Audited ) 5,267 79,660 916 2,006 287 88,136 824 7,209 77 173 (201) 8,082 1,180 101 6,801 4,970 47,325 728 1,910 5,628 60,561 1,528 33,753 440 940 8,197 44,858

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TITAN COMPANY LIMITED CIN: L74999TZ1984PLC001456 3, SIPCOT INDUSTRIAL COMP LEX, HOSUR 635 126. ADDITIONAL DISCLOSURES AS PER REGUT,A TION 52(4) OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULA TIO NS, 2015 Particulars 1. Debt Equity Ratio 2. Debt Service Cove rage Ratio (not annua lised) 3. Interest Service Coverage Ratio (not annuali sed) 4. Current Ratio 5. Long tenn debt to wo rking capital ratio 6. Bad debts to accounts receivable ratio' 7. Current liability ratio 8. Total debt to total assets ratio 9. Debtors turn ove r ratio (not annualised) 10. Ope ratin g margin( %) 11 . Net profit margin( %) 12. Invento ry turnove r ratio (not annualised) 13. Capital Redemption Reserve/Debenture Redemption Reserve 14. Net wo rth [t crores ] (As per section 2(57) of Companies Act, 2013) 15. The Compa ny has not issued any secured listed non-convertible debt securiti es. • Values are insignificant Note: Fonnula e for comp utatio n of ratios are as follows : Particulars 1. Debt Equity Ratio 2. Debt Service Cove rage Ratio (not annualised) 3. Interest Service Cove rage Ratio (not annu alised) 4. Current Ratio 5. Long tenn debt to wo rking capital ratio 6. Bad debts to accounts receivable ratio 7. Current liability ratio 8. Total debt to total assets ratio 9. Debtors turn ove r ratio (not annu alised) 10. Ope rating margin (%) 11. Net profit margin (%) 12. Inventory turn over ratio (not annualis ed) 3 months ended Year ended 30-06-2026 31-03-2026 30-06-2025 31-03-2026 (Unaudited) (Audited)9 (Unaudited) (Audited) 1.01 0.93 0.82 0.93 1.61 1.74 0.38 1.55 13.99 10.06 10.67 12.15 1.31 1.28 1.39 1.28 0.04 0.05 0.18 0.05 0.00 0.00 - 0.00 0.89 0.89 0.88 0.89 0.22 0.19 0.19 0.19 19.66 26.02 14.70 88.29 12.76% 6.54% 10.36% 8.89% 8.32% 4.38% 6.60% 5.79% 0.37 0.56 0.45 1.98 NA NA NA NA 17,488 15,703 12,721 15,703 Formulae Numerator Denominator Debt consists borrowing s and lease Total Equity liabilities Earnings for debt service= Profit after tax+ Non cash ope rating Debt se rvice= Finan ce cost & Lease expe nses + Finance cos t + other non payments+ Prin cipal repaymen ts (net) cash adjustments Profit before exceptional item and Interes t on Borrowi ngs tax + lnt e res t o n borrowings Total current assets Total current liabilities Long term borrowing s (Includ ing Current assets(-) Current liabilities current maturiti es o f long term [excluding current maturities of long borrowings) term borrowings] Bad Debts Average g ross trade receivables Total current liabilities Total liabiliti es Total bo rrowings Total assets Revenue from ope rations Average trade recei vables Profit befo re deprecia tion, intere st on Borrowings , exceptional item Revenue from ope rations and tax{-) Other income Profit after tax Revenue from ope rations Cost of goods sold = Cost of materials and components consumed + Purchase of stock-in- trade + Changes in inventories of Ave rage Inven tory finished goods, stock-in-tr ade and work-in-progr ess

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TITAN COMP ANY LIMITED CJN: L74999TZ1984PLC001456 3, SIPCOT INDUSTRIAL COMPLEX, HOSUR 635 126. Notes : 1 The consolida ted unaudited finan cial results of the Group ha ve been prepared in accordance with Indian Accounti ng Standard s (Ind AS) notified under the Compan ies (Indian Accounting Standards) Rules, 2015 as amended. The consolida ted unaudited financial resul ts for the quarter ended 30 Jun e 2026 can be viewed on the website of the Company, Na tional Stock Exchange of India Limited (NSE) and BSE Ltd. Information of unaudited stan dal one financial results of the Company in terms of Regulation 47(1)(b) of the SEBI (Listing Obligat ions and Disclosure Requ irements) Regulations , 2015 (" SEBI Regulations ") is as under: Particulars Revenue from operations Profit before lax Net profit for the period (after tax) Total comprehensive income 2 The consolidated uniludited financial results includes results of: Subsidiaries Caratlan e Trading Pri vate Limited StudioC Inc. (Wholly owned subsidiary ofCaratLane Trading Private Limited) Titan Engineering & Automa tion Limi ted TEAL USA Inc. (Wholly owned ~11h:;idiary of Titan Engirwcring & Automation Limited) Titan Holdings Interna tional FZCO Titan Watch Compa ny Limited, Hong Kong (Wholly owned subsidiary of Titan Holding; lntemational FZCO) Titan Global Retail L.L.C (Wholly mc,wd subsidiary of Titan Holdings lnternational FZCO) Titan International QFZ L.L.C, Qa tar (Wholly owned subsidiary of Titan Holdings lnternational FZCO) Signatu re Jewellery Holding Limited (Subsidiary of Titan Holdings lntcrnational FZCO w.c.f 9 October 2025) Damas LLC (Subsidiary of Signature Jewellery Holding Limited w.e.f 4 Jn1111ary 2026 consolidated from I Jaminry 2026) Damas Jewellery LLC (Subsidiary of Damas LLC w.c.f 4 January 2026 con.solidatcd from 1 /anuary 2026) Damas Jeweller y DMCC (Suhsidiary of Damas J,wellery LLC w.ef 4 January 2026 consolidated from I January 2026) Damas Jewellery Kuwai t Co. WLL (Subsidiary of Damas Jc'ludlcry LLC w.ef 4 January 2026 consolidated from I January 2026) Damas Saud i Arabia Co. Lid. (Subsidiary of Damas J,wellery LLC w.e.f 4 January 2026 consolidated from I January 2026) Damas Doha Jewellery WLL (Subsidiary of Damas J,wdlery LLC w.e.f 4 January 2026 consolidated from 1 January 2026) Damas Jewellery SPC (Subsidiary of Damas J,wdlery LLC w.c.f 4 January 2026 wnsolidated from 1 January 2026) Damas Company WLL (Subsidiary of Damas Jewellery LLC w.c.f 4 Jm111ary 2026 consolidated from 1 January 2026) Titan Commod ity Trad ing Limited TCL Nor th America Inc. Associate Company Green Infra Wind Power Theni Limited Joint Venture Roberto Coin Midd le East LLC. (w.e.f4 January 2026 equity accounting from I January 2026) 'tin Crores 3 months ended Year ended 30-06-2026 31-03-2026 30-06-2025 31-03-2026 (Unaudited) (Audited)' (Unaudited) (Audited) 18,101 23,934 14,564 77,554 2,281 1,486 1,380 6,198 1,699 1,124 1,030 4,630 1,695 1,106 1,028 4,575

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TIT AN COMP ANY LIMITED CIN: L74999TZ1984PLC001456 3, SIPCOT INDUSTRIAL COMP LEX, HOSUR 635 126. Notes (Contd.): 3 The Group is stru ctur ed int o four verticals namel y Watches, Jewellery, Eyecare and Others, where "Other s" include Aerospace & Defence, Automation Soluti ons, Accesso ries, Fragrances and Indian dress wear. Accordingly, the Group has presented its segmen t results under these business segmen ts in the manner consistent with the internal reportin g to the Chief ope rating decision maker (CODM). The geog raphical information is as follows : The revenu e (inclu ding other income) for India and other than India are as follows tin Crores Particulars 3 months ended Year ended 30-06-2026 31-03-2026 30-06-2025 31-03-2026 (Unaudi ted) (Audited)' (Unaudited) (Audited) India 19,738 25,808 15,785 83,768 Rest of the world 1,764 1,296 843 4,368 Total 21,502 27,104 16,628 88,136 4 During the quarter ended 30 June 2026, the Group sold gold-ingo ts aggregatin g t 749 crores including digi-gold (pre vious quar ter end ed 30 June 2025 t 1,850 crores includ ing digi-gold), which is disclose d as revenu e from ope rations. During the quarter en ded 31 March 2026, the Group sold gold-ing ots aggregating t 6,804 crores includin g digi-gold, which is disclosed as revenue from ope ratio ns. 5 The Board had approved the Performance Based Stock Unit Scheme (PSU) to eligible employees in their meeting held in Februar y 2023. Accordingly, grant letters have been issued to the eligible emp loyees during the pre vious yea rs. During the quarter ended 30 June 2026, expe nse of t 5 crores (pre vious qua rter end ed 30 June 2025 ~ 8 crores) has been recogn ised und er emplo yee benefit s expense tow ard s PSUs. During the qua rter ended 31 March 2026, expense of t 34 crores have been recognis ed under employee benefit s expense towar ds PS Us. The Company has formed the "Titan Employee Stock Option Tru st" to give effect to the PSU scheme and the books of the Tru st has been consolidated with the standal one financial results of the Compan y. The Trust has acquired 7,40,900 shar es till date. During the quarter ended 30 June 2026, 2,67,075 share s were exercised by employees and equivalen t shares were tran sferred to the eligible empl oyees from the Tru st. 6 On 21 November 2025, the Gove rnment of India notified the four Labour Codes - the Code on Wages, 2019, the Indu strial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditi ons Cod e, 2020 - consolidating 29 existing labour laws. The Ministry of Labou r & Employment published draft Central Rules and FAQs to enable assess ment of the finan cial impac t due to changes in regulations. The Group had eva luated and disclosed the incremental impa ct of these chan ges using the best information currentl y availab le, consistent with the guidance prov ided by the Institute of Chartered Account ants of Indi a. Considering the materialit y and regulatory -dri ven, non-recurri ng nature of this impact, the Group had presented such incremental impac t amounting tot (51) crores as an exceptio nal item in the consolidated financial result s for the quarter and t 101 cores for yea r ended 31 March 2026. The increase is primarily on account of past service cost for gra tuit y and leave liability due to change in wage defini tion for emp loyees and contract labour. The Group continue s to monitor the finalisation of Central/ State Rules and clarifications from the Government on other aspects of the Labour Code and would provide appropriate accounting effect on the basis of such developments as needed. 7 Dur ing the quart er ended 30 June 2026, the Com pany has not received any complaint from its commercial paper (CP) investors and there were no investor compla int pending for redressal at the beginning and at the end of the quarte r. All payment of CPs issued by the Compa n y ha ve been made on time and there is no pending dues thereof. The credi t rating b leading agencies are as follows: Instrument CARE Coupon Rate Comme rcial a er (Unsecu red) CARE Al+ 5.80%-7.20% Details of due dates of paymen t of CPs issued during the cur rent period are given below: ISIN Issue Date Due Date Amount in t Cr 1NE280Al4534 16-Apr-26 25-Jun-26 1,000 INE280A14542 24-Apr-26 08-)un-26 1,000 INE280A14559 27-May-26 22-Jun-26 400 INE280A14567 08-Jun-26 04-Sep-26 1,000 INE280Al4575 12-Jun-26 10-Sep-26 1,000

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TITAN COMP ANY LIMITED CIN: L74999TZ1984PLC001456 3, SIPCOT INDUSTRIAL COMP LEX, HOSUR 635 126. Notes (Contd.): 8 Du ring the year ended 31 March 2026, Titan Holding International FZCO ("Titan Holding"), a who lly owned subsid iary of the Company, acq uired a 67% equi ty interest in Damas LLC through Signatur e Jewellery H olding limited, for a consideration of f 1,190 crores, thereby obtaining control over Damas LLC and the Gro up recognized provisional amounts for the acquisition of Damils, as the valuati on of tangible assets and leilses had not been finalized. D urin g the current quarter, within the measurement period prescribed under Ind AS 103, the valuation exercise was completed. Based on the final valuati on, the fair value of tangib le assets decreased by t 24 crore, resu lting in a corr esponding increase in goodw ill of t 24 crore. The goodw ill primar ily represents expected synergies and the value of assembled work force and has been allocated to the Damas c;;ish-generating unit (CGU). The goodwill is not income tax deductible . The details of the final purchase price allocation are as follows: Description Amount in f Cr Net asse t taken ove r (A) 1,472 Identifiable intangible assets - Brand (B) 763 Goodwill (C) 623 Less: Fair value of financial liability (D) 1,668 Conside ration paid (E-A+B-tC-D) 1,190 Total purchase consideration 2,858 9 The figure for the quarter ended 31 March 2026 are the balancing figu re between the audited fi gures of the full financial yea r and the unaudit ed year lo date figure upto the third quarter of the respec tive financial years. Also, the fi gures upto the end of the third quarter were only reviewed and not subjected lo aud it. 10 The Consolida ted unaudited financial resu lts of the Group for the qua rter end ed ended 30 June 2026 have been reviewed by the Aud it Committee and approved by the Board of Directors at their respective meetings on 7 August 2026. Place: Bengaluru Date: 7 August 2026 fer Titan Company Limited ~ ~ aging Director

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BS R & Co. LLP Chartered Accountants Embassy Golf Links Business Park Pebble Beach, B Block, 3rd Floor No. 13/2, off Intermediate Ring Road Bengaluru - 560 071 , India Telephone: +91 80 4682 3000 Fax: +91 80 4682 3999 Limited Review Report on unaudited standalone financial results of Titan Company Limited for the quarter ended 30 June 2026 pursuant to Regulation 33 and Regulation 52(4) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, as prescribed in Securities and Exchange Board of India operational circular SEBI/HO/DDHS/P/CIR/2021/613 dated 10 August 2021, as amended To the Board of Directors of Titan Company Limited 1. We have reviewed the accompanying Statement of unaudited standalone financial results of Titan Company Limited (hereinafter referred to as "the Company") for the quarter ended 30 June 2026 ("the Statement") (in which are included interim financial information from an ESOP trust). 2. This Statement, which is the responsibility of the Company's management and approved by its 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, and other accounting principles generally accepted in India and in compliance with Regulation 33 and Regulation 52(4) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations"}, as prescribed in Securities and Exchange Board of India operational circular SEBI/HO/DDHS/P/CI R/2021 /613 dated 10 August 2021, as amended. Our responsibility is to issue a report 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 Standards on Auditing 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. 4. Attention is drawn to the fact that the figures for the three months ended 31 March 2026 as reported in the Statement are the balancing figures between audited figures in respect of the full previous financial year and the published year to date figures up to the third quarter of the previous financial year. The figures up to the end of the third quarter of previous financial year had only been reviewed ~ oot subjected to aud;t B S R & Co. (a partnership firm with Registration No. BA61 223) converted into B S R & Co. LLP (a Limited Liability Partnership with LLP Registration No. AAB-8181) with effect from October 14, 20 13 Registered Office: 14th Floor, Central B Wing and North C Wing, Nesco IT Park 4, Nesco Center, VVestem Express Highway, Goregaon (East), Mumbai - 400063 Page 1 of 2

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BS R & Co. LLP Limited Review Report (Continued) Titan Company Limited 5. 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 the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 and Regulation 52(4) of the Listing Regulations, as prescribed in Securities and Exchange Board of India operational circular SEBI/HO/DDHS/P/CIR/2021 /613 dated 10 August 2021, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. Bengaluru 07 August 2026 For BS R & Co. LLP Chartered Accountants Firm's Registration No.:101248W/W-100022 RV A:j~ Ramesh Partner Membership No.: 218495 UDIN:26218495SCBOSA4718 Page 2 of 2

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TIT AN COMP ANY LIMITED CIN : L74999TZ1984PLC001456 3, SIPCOT INDUSTRIAL COMPL EX, HOSUR 635 126. STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30 JUNE 2026 < in crores except earnings per share Particulars 3 months ended Year ended 30-06-2026 31-03-2026 30-06-2025 31-03-2026 (Unaudited) (Audited) 7 (Unaudited) (Audited) I. Revenue from opera tions - Sale of product s/ services 17,733 17,730 13,040 67,384 - Other operatin g revenu e (refer note 3) 368 6,204 1,524 10,170 II. Other income 141 152 107 535 III . Total income (I +II) 18,242 24,086 14,671 78,089 IV. Expenses: Cos t of materials and components consum ed 10,097 19,894 10,037 63,256 Purch ase of stock-in-trad e 2,791 1,890 1,824 8,334 Changes in inventories of finished goods, stock-in-trade and 826 (1,464) (406) (8,221) work-in-progress Empl oyee benefits expense 544 583 467 2,041 Finan ce costs 267 274 216 955 Depr eciation and amortisation expense 157 156 143 596 Ad vertising 345 296 263 1,220 Other expenses 934 1,020 747 3,621 IV. Total expenses 15,961 22,649 13,291 71,802 V. Pro fit before excep tiona l item and tax (Ill - IV) 2,281 1,437 1,380 6,287 VI. Excepti onal item (refer note 5) - (49) - 89 VII. Profit before tax (V - VI) 2,281 1,486 1,380 6,198 VIII. Tax expense: Curre nt tax 584 365 350 1,572 Deferred tax ( credit)/ charge* (2) (3) 0 (4) VIII. Total tax 582 362 350 1,568 IX. Pro fit for the period (VII-VIII) 1,699 1,124 1,030 4,630 X. Other compr ehensive income (i) Items th at will not be reclassified to the statem ent of profit and loss - Remeasurem ent of empl oyee defined benefit plan (6) (25) (3) (74) - Income-tax on (i) above 2 7 1 19 X. Total other comprehensive (loss) / in come (4) (18) (2) (55) XI. Total compr ehensive income (IX+X) 1,695 1,106 1,028 4,575 XII. Paid up equity share capit al (face value a!' 1 per share): 89 89 89 89 XIII. Other equity: 20,398 XIV. Earnin gs per equit y share of a!' 1: {based on net profit for the period (IX)} Basic (not annu alised) 19.15 12.68 11.61 52.20 Dilut ed (not annu alised) 19.14 12.65 11.61 52.16 * Items not presented due to ro undin g off to the nearest a!' crore. See accompanying no tes to the stand alone un audit ed financial results

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TITAN COMPANY LIMITED CIN: L749991Z1984PLC001456 3, SIPCOT INDUSTRIAL COMPLEX, HOSUR 635 126. ADDITIONAL DISCLOSURES AS PER REGULATION 52(4) OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 Particulars 3 months ended Year ended 30-06-2026 31-03-2026 30-06-2025 31-03-2026 (Unaudited) (Audited) 7 (Unaudited) (Audited) 1. Debt Equity Ratio 0.55 0.42 0.41 2. Debt Service Cover age Ratio (not annualised) 6.58 2.80 0.37 3. Interest Service Coverage Ratio (not annualised) 19.35 13.69 13.56 4. Current Ratio 1.39 1.37 1.48 5. Long term debt to working capital ratio 0,03 0.04 0.16 6. Bad debts to accounts receivable ratio NA NA NA 7. Current liability ratio 0.93 0.93 0.88 8. Total debt to total assets ratio 0.17 0.12 0.12 9. Debtors turn over ratio (not annualised) 16.88 20.94 15.27 10. Operating margin (%) 13.4% 6.5% 10.5'¼, 11. Net profit margin (%) 9.4% 4.7% 7.1 % 12. Inventory turnover ratio (not annualised) 0.38 0.60 0.46 13. Capital Redemption Reserve/Debenture Redempti on NA NA NA Reserve 14. Net worth [t crores] (As per section 2(57) of Companies Act, 0.42 1.56 15.77 1.37 0.04 A 0.93 0.12 82.66 8.7% 6.0% 2.13 NA 2013) 22,194 20,487 17,850 20,487 15. The Company has not issued any secured listed non- convertible debt securities. Note: Formulae for computation of ratios are as fol.lows Particulars Formulae Numerator Denominator 1. Debt Equity Ratio Debt consist s borrow ings and lease Total Equity liabilities Earnings for debt service - Profit after tax+ Non-cash operating expenses+ Debt service= Finance cost & Lease 2. Debt Service Cove rage Ratio (not annualised) Finance cost+ other non cash payment s+ Principal repayments (net) adjustments 3. Interest Service Coverage Ratio (not annualised) Profit before exceptional item and tax+ Interest on borrowings Interest on borrowing s 4. Current Ratio Total current assets Total current liabilities Long term borrowings (Including Current assets(-) Current liabilities 5. Long term debt to working capital ratio cu rrent maturiti es of long term [excluding current maturities of long term borrow ings) borro wings] 6. Bad debts to accounts receivable ratio Bad Debts Average gross trade receivabl es 7. Current liability ratio Total current liabiliti es Total liabilities 8. Total debt to total assets ratio Total borrowings Total assets 9. Debtor s turn over ratio (not annualised) Revenue from operations Average trade receivables Profit before depreciation, interest on 10. Operating margin (%) borrowings, excepti onal item and tax Revenue from operati ons (-) Other income 11. Net profit margin (%) Profit after tax Revenue from operations Cost of goods sold - Cost of materials and components consumed+ Pur chase 12. Inventory turn over ratio (not annualised) of stock-in-trade+ Changes in Average In ventory invent ories of finished goods, stock-in- trade and work -in-progress

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TITAN COMP ANY LIMITED CIN: L74999TZl984PLC00 1456 3, SIPCOT INDUSTRIAL COMPLEX, HOSUR 635 126. Notes : 1 The stand nlone unaudit ed financial result s of Titan Co mpan y Limited ("the Compan y") have been prepared in accordance with Indian Accountin g Standa rds (Ind AS) notified under the Compa nies (Indi an Accounti ng Stand ards) Rules, 2015, as amended. The standal one unaudited financial results for the quarter ended 30 June 2026 can be viewed on the we bsite of the Compan y, Na tional Stock Exchan ge of India Limited (NSE) and BSE Ltd. 2 The Co mpany is structur ed into four verticals nam ely Wntches, Jewe llery, Eyecare and Others, where "Others" include Accessories, Fragrances and Indian Dress Wear. According ly, the Compan y has presented its segment results under these business segment s. The geograp hical inform.1tion is as follows: The revenue (includin g other income) for India and other than Indi a are as follows Particular s 3 months ended Year ended 30-06-2026 31-03-2026 30-06-2025 31-03-2026 (Unaudited ) (Audited )' (Unaudited) (Audi ted) India 17,824 23,784 14,332 76,408 Rest of the wor ld 41 8 302 339 1,681 Total 18,242 24,086 14,671 78,089 3 Durin g the quarter ended 30 June 2026, the Compan y sold gold-ingots aggrega ting? 302 crores (pre vious quarter ended 30 June 2025? 1,479 crores) which is disclosed as other operat jng revenues. Duri ng the qu arter ended 31 March 2026, the Company sold gold-ingots aggregating~ 6,144 crores, whic h is disclosed as other operatin g revenue s. 4 The Board had appro ved the Performance Based Stock Unit Schem e (PSU) lo eligible employee s in their mee ting held in Febr uar y 2023. Accordin gly, gr<mt letters have been issued to the eli g"ible em ployees durin g the pre vious yea rs. During the quarter ended 30 Ju ne 2026, expense of f 5 crores (previous quarter ended 30 June 2025 f 8 crores) has been recogn ised under empl oyee benefits expense towards PSUs. Durin g the quarter ended 31 :March 2026, expense oft 33 crores had been recognised under emp loyee benefits expense towards PSUs. The Company has formed the "Tit.in Emplo yee Stock Optio n Trust" to give effect to the PSU scheme and the books of the Trust has been consolida ted with the standalone financial statemen ts of the Co mpany.The Trust has .a cqui red 7,40,900 sh<ues till date. During the qunrter ended 30 June 2026, 2,67,075 shsu es were exercised by emp loyees and eq ui valent sha res we re tran sferred to the eli gible em ployees from the Tru st. 5 On 21 Novembe r 2025, the Gove rnmenl of India notified the four Labour Codes - the Code on Wages, 2019, the Indu strial Relations Code, 2020, lhe Code on Social Secur ity, 2020, and the Occupati onal Safety, Health and Work ing Conditions Code, 2020 - conso lidating 29 existing labour laws. The Ministr y of Labo ur & Emp loyment published draft Cen tral Rules and FAQs to enable assess ment of the financial impact due to chan ges in regu lations. The Company had eva luat ed and disclosed the incremen tal impact of these chan ges using the best inform ation curr ently ava ilable, consistent with the gu idan ce provided by the Ins titute of Cha rtered Accou ntan ts of lndi.i. Considering the materiality and regu latory-d riven, non-recurrin g nature of this impa ct, the Compan y h.id presented such incremental impact amou ntin g tot' (49) crores as an excep tional item for the quarter and t' 89 cores for the year end ed 31 March 2026. The increase was primar ily on account of past service cost for gratuit y and leave liability due to chan ge in wage definiti on for emp loyees and contra ct labour. The Compan y continue s to monitor the finalisation of Centra l/ Stute Rules and clarifications from the Gove rnm ent on other aspects of the Labou r Code and would prov ide appropriate accoun ting effect on the basis of such develop ments as needed. 6 Durin g the quarter ended 30 June 2026, the Com pany has not received any comp laint from its Comme rcial Paper (CP) investors and there were no investor compl aint pendin g for redressal at the beginning and at the end of the quarter. All payment of CPs issued by the Compan y have been made on time and there is no pendin g dues thereof. The credit rating by leadin g agencies are as foll ows: Instrument CARE Coupon Rate Commercial paper (Unsec ured) CARE Al+ 5.80%-7.20% Details of due date s of payment of CPs issued durin g the current period are given below: !SIN Issue Date Due Date Amount inf Cr INE280A 14534 16-Apr-26 25-Jun-26 1,000 INE2B0A 14542 24-Apr-26 08-Jun-26 1,000 INE280A 14559 27-May-26 22-Jun-26 400 INE280A 14567 08-Jun -26 04-Sep-26 1,000 INE280A 14575 12-Jun -26 10-Sep-26 1,000 7 The fi gures for the quarter end ed 31 March 2026 are the balancing figures between the audited figures of the full financial year and the unaudit ed year lo d.ite figures upto the third quarter of the financial year. Also, the figures upto the end of the third qu.irte r were only reviewed and not subjected to audit. 8 The statutor y aud itors have carried out limited review of the sta ndal one unaudit ed fin.incial results for the qunrter ended 30 June 2026 and have issued an unmodified rev iew report. 9 The standnlone unaudit ed financial resu lts of the Compan y for the quarter ended ended 30 June 2026 hnve been reviewed by the Audit Commi ttee and appro ved by the Bo.ird of Directors ilt their respective meetings on 7 Augus t 2026. Place: Bengaluru Date: 7 August 2026 ~ -. AJoyChawla Managing Din·ctor

Interim report