EXIDE INDUSTRIES Q2: AUTO OEM GROWTH AT 25%; HOME INVERTER BUSINESS UP 20%+

• Revenue: Crossed ₹5,026 Cr in Q2 FY27, supported by healthy demand and improved execution • Automotive OEM: Revenue grew 25% YoY for the fourth consecutive quarter, supported by new vehicle launches • MG Hector: Exide secured 100% share of business for auxiliary batteries across EV and PHEV variants • Tata Ace: Secured 100% share of business for CNG models • Aftermarket Business: Delivered double-digit growth for the fourth consecutive quarter, driven by steady demand • Home Inverter & Solar: Business grew over 20% YoY for the second consecutive quarter • EBITDA Margin: Expanded 270 bps YoY to 12.7%, supported by cost optimisation and calibrated price increases • Lead Costs: Higher lead prices impacted operations, while geopolitical challenges continue to affect input costs • European Expansion: Signed long-term strategic cooperation agreement with ExCom Energy Solutions GmbH, Germany • Battery Investment: Invested ₹550 Cr in Exide Energy Solutions between April and October 2026, taking cumulative equity investment to ₹5,352 Cr • Lithium-Ion Project: Exide Energy Solutions commissioned its 6 GWh lithium-ion cell gigafactory in Bengaluru on September 25, 2026 • Balance Sheet: Liquidity remained strong with zero debt and healthy cash generation

EXIDE INDUSTRIES LTD

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