Investor Presentation on the Audited financial results for the quarter and year ended March 31, 2026

GMR Power and Urban Infra reported Q4FY26 total income of INR 20.7 billion, up 11% YoY driven by smart meter revenue growth to INR 5.2 billion. However, the company posted a net loss of INR 1.1 billion in Q4FY26 versus a profit of INR 1.8 billion in Q4FY25, impacted by lower other income from reduced Late Payment Surcharge at Kamalanga. FY26 total income was INR 77.5 billion (up 13% YoY) but EBITDA declined 7% to INR 20.2 billion due to one-time expenses and lower LPS realization. Smart meter business installed ~39 lakh meters as of April 2026 out of 7.57 million total contract. The company raised ~INR 8 billion through preferential issuance of equity shares and warrants in January 2026. Warora plant showed strong performance with 30% EBITDA margins (up 9 percentage points YoY), while Kamalanga margins declined to 34% due to reduced surcharge income. Toll road traffic at Ambala Chandigarh fell 13.3% YoY with ongoing arbitration dispute with NHAI.