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Corporate Presentation

October 11, 2017

IndusInd Bank – Building Scale with Profitability

Strength Growth Returns

CRAR at 16.18%; CET1 at 14.28%

Strong Asset Quality with impaired assets

proportion amongst the lowest in Indian banks;

Net NPAs at 0.44%

In top decile on productivity, profitability and

efficiency parameters in Indian banking industry

3 Year CAGR For FY17 Q1FY18 (YoY)

Loans 27% 24%

Deposits 28% 31%

Revenue 29% 26%

Profits 27% 26%

Networth 33% 17%

RoA = 1.86%

RoE = 16.17%

NIM = 4.00%

Note: Data as of June 2017

2

Revenue (Rs mn) Net Profit (Rs mn) Total Assets(Rs bn)

47,812

58,241

78,135

1,02,341

FY14 FY15 FY16 FY17

14,080

17,937

22,865

28,679

FY14 FY15 FY16 FY17

870

1,091

1,429

1,787

FY14 FY15 FY16 FY17

CAGR of 29% CAGR of 27%CAGR of 27%

Performance – Benchmarked with Peers

IBL performance has been amongst the best in the peer group.

Note: Five largest Private and Public Sector Banks based on loans are considered as peers.Data as of FY17. (Banks’ nomenclature not in any particular order)

3

Overview of the Bank

Leading private sector bank and financial services company in India

Incorporated in January, 1994; Current customer base of ~9.5 million (2)

Pan India presence through a network of 1210 branches and 2,090 ATMs(2)

Diversified loan book – Split between Corporate & Commercial Banking and

Consumer Finance at 60% and 40% respectively(2)

Enterprise-wide Risk Management framework for effective management of

risks

Total Assets of over Rs 1,906 bn and Market Cap of over Rs 1,000 bn(2)

Shareholding (1)

1. As on June 30, 20172. As on Oct 05, 2017

4

Promoters, 14.97

MFs / Banks/ Insurance Co,

12.68

FIIs, 43.10

Private Corporates,

10.08

Individuals, 6.67

NRIs/ Director/ Others, 1.69 GDR issue,

10.81

Ratings

CRISIL AA + for Infra Bonds program

CRISIL AA for Additional Tier I Bonds program

CRISIL A1+ for certificate of deposit program

IND AA+ for Senior bonds program by India Ratings and Research

IND AA for Additional Tier I Bonds program by India Ratings and Research

IND A1+ for Short Term Debt Instruments by India Ratings and Research

5

Organization Structure

Product Groups

Client Groups

Consumer Banking Corporate Banking

Consumer Finance

Retail Liabilities

Corporate & Investment Banking

Commercial Banking

Business Banking

Public Sector Unit

Banking Channel Management & Services

Wealth Management & Third Party Distribution

Global Markets Transaction Banking

Bu

sin

ess

Un

its

Financial Institutions Group

Credit Cards

6

Investment Highlights

Universal Banking Offerings

Growing Liability and Fee Franchise

Focused Execution on Risk, Operations and Portfolio

Well Defined Expansion Strategy

History of Technology Refresh and Innovation

Stable Asset Quality

Experienced Management Team

1

2

3

4

5

6

7

7

Planning Cycle 4 Strategy

Well Defined Expansion Strategy1

Market Share with ProfitabilityDo More of the Same

Strategy

Digitize to Differentiate, Diversify and Create Domain Leadership

Bro

ad

Th

em

es

Financing Livelihoods

Finding Customers from Within

Reengineering Our Businesses

Sustainable Banking

8

Strategic Themes


Internal

Collaboration

and Cross Sell

Enriching

Client

Experience

Digitization

of Businesses

Focus on

ProductivitySustainability

Rebalancing

of Loan Book

Rural

Banking and

Microfinance

9

Pillars of Growth


CASA Ratio

Revenue Growth

RoRWA

Branch Network

Loan Growth

40%

Exceed Balance Sheet Growth

> 2.4%

2,000

25% - 30%

Re

sult

ing

in

Customer Base Double to >20mn

10

The Core Executive Team

Experienced Management Team 2

Name Designation Prior Experience

Mr. Romesh Sobti Managing Director & CEO Over 40 years banking career with ABN AMRO Bank N.V., ANZ Grindlays Bank Plc & State Bank of India

Mr. Paul Abraham Chief Operating Officer Managing Director of ABN AMRO Central Enterprise Services

Mr. Suhail Chander Head – Corporate & Commercial Banking Head – Consumer & Commercial Banking, ABN AMRO Malaysia & Singapore

Mr. Sumant Kathpalia Head – Consumer Banking Head – Consumer Banking, ABN AMRO Bank (India)

Mr. Kalpathi Sridhar Senior Executive Vice President - Risk Senior Vice President and Country Risk Officer, ABN AMRO Bank (India)

Mr. Ramaswamy Meyyappan Chief Risk Officer Chief Risk Officer at JP Morgan Chase Bank NA, Mumbai

Mr. S.V. Zaregaonkar Chief Financial Officer Joined IndusInd Bank in 1995 as Head – Operations; Chief Manager Dena Bank

Mr. Arun Khurana Head – Global Markets Group Regional Head Corporate Solutions Asia-Pacific Markets of RBS Singapore

Mr. S.V. Parthasarathy Head – Consumer Finance Executive Director, Ashok Leyland Finance Limited

Mr. Ramesh Ganesan Head – Transaction Banking Executive Director, ABN AMRO Bank (India)

Mr. Sanjay MallikHead – Investor Relations& Strategy

Director, BROTKO, his own financial services firm; Held prior positions at ANZ Bank, ABN AMRO Bank (India) and Standard Chartered Bank

Ms. Roopa SatishHead, Corporate, Institutions & Investment Banking

Head – Mid Markets (Western Region), ABN AMRO Bank (India)

Mr. Sanjeev AnandDeputy Head – Corporate& Commercial Banking

Head – Commercial Banking, ABN AMRO Bank (India)

Mr. Zubin Mody Head – Human Resources Head – HR, ICICI Lombard General Insurance Company Limited

11

Performance Across Key Financial Vectors

Experienced Management Team 2

QIP & Pref. Allot.Rs 5,081 crs

3.71

3.99

2014 Current

NIMs (%)

1.81

1.86

2014 2017

RoA (%)

17.4815.26

2014 2017

RoE (%)

47.1 46.7

2014 2017

Cost / Income (%)

12

0.330.39

2014 2017

Net NPAs (%)

3.0

4.0

2014 2017

Revenue per Employee (Rs mn)

Well Diversified Loan Book

Universal Banking Offerings3

Loan Book (Rs crs)

(Rs crs)

(Rs crs)

13

45% 41% 42%40% 40% 48%

55%59%

58%

60% 60% 52%

55,102

68,788

88,419

1,13,081 1,16,407 1,16,407

FY14 FY15 FY16 FY17 Jun-17 Jun-17(BBG forming part of

Consumer)Consumer Finance Division Corporate & Commercial Banking

BBG7%

Comm. Vehicle Loans 13%

Utility Vehicle Loans

2%

Small CV2%

Two Wheeler Loans

3%

Car Loans4%

Tractor2%

Equipment Financing

4%

Credit Card2%

Loan Against

Property6%

BL,PL,GL3%

Large Corporates

21%

Mid Size Corporates

19%

Small Corporates

12%

Consumer Finance Jun-17

Comm. Vehicle Loans 15,573 13%

Utility Vehicle Loans 2,427 2%

Small CV 2,381 2%

Two Wheeler Loans 3,262 3%

Car Loans 4,819 4%

Tractor 2,076 2%

Equipment Financing 4,381 4%

Credit Card 1,944 2%

Loan Against Property 7,303 6%

BL, PL, GL, Others 2,929 2%

Total Advances 47,095 40%

*Includes Business Banking Rs. 8,202 crs managed by Consumer Banking

Corporate Banking

Jun-17

Large Corporates

33045 28%

Mid size Corporates

22649 20%

Small Corporates*

13618 12%

Total Advances

69,312 60%

Well Distributed Vehicle Finance Portfolio


14

Andhra Pradesh 6%

●Assam 2%

●Bihar 2%

Chandigarh 0% ●

●Chhatisgarh 3%Dadra & Nagar

Haveli 0%

● Delhi 2%

Goa 1% ●

●Gujarat 5%

Haryana 5% ●

●Himachal Pradesh 1%

●J&K 0%

●Jharkhand 3%

Karnataka 4% ●

Kerala 9% ●

●Madhya Pradesh5%

●Maharashtra 7%

● Mizoram 0%

●Odisha 4%

● Pondicherry 0%

Punjab 3% ●

Rajasthan 10% ●

●Uttaranchal 0%

●West Bengal 5%

Sikkim 0%●

●Tamil Nadu 11%

Tripura 1%

●UP 6%

●

●

Geographical Distribution of Vehicle Finance Portfolio (Rs 342,122mn)– March 31, 2017

Two Wheeler loans

Car loans

M&HCV loans

Small CV & Utility Vehicle loans

LCV Loans

●Telangana 5%

● Manipur, 0% Tractor Loans

Comprehensive Corporate and Commercial Banking Offering


15

Distribution of Corporate & Commercial Banking Network Product and Service Offerings

Working Capital Finance

Short Term Finance

Bill Discounting

Export Credit

Term Lending

Buyer’s Credit / Supplier’s Credit

Asset based financing

Lease Rental Discounting

Supply Chain Finance

Warehouse Receipt Finance

Agri Finance

Inclusive Banking

Non FundBased Services

Value AddedServices

Letter of Credit

Bank Guarantees

Forward Contracts / Derivatives

Channel Financing / Associate Financing

Cash Management Services

Corporate Salary Accounts

Liability/ Investment Products

Commodity Finance

Project Finance

Forex / Derivative Desks

Fund BasedServices

Andhra Pradesh

AssamBihar

Punjab

Chandigarh

Chhatisgarh

Gujarat

Haryana

Jharkhand

Karnataka

Kerala

Madhya Pradesh

Maharashtra

Orissa

Rajasthan

West Bengal

Tamil Nadu

UP

●

Corporate & Institutions Banking

Public Sector Units

Business Banking Group

Commercial Banking

Goa

Tripura

Nagaland

Meghalaya

Pondicherry

Uttarakhand

HP

Non Fund Based Services

Structured Finance

Debt Syndication

Advisory Services

InvestmentBanking

Telengana

Diversified Corporate Loan Book


16

8% 12% 16% 14% 14%

Q1F

Y15

Q2F

Y15

Q3F

Y15

Q4F

Y15

Q1F

Y16

Q2F

Y16

Q3F

Y16

Q4F

Y16

Q1F

Y17

Q2F

Y17

Q3F

Y17

Q4F

Y17

FCY

Corporate Banking FCY Loans *Industry Break-up

* Percentage of total loans

Improving CASA profile

Growing Liability and Fee Franchise4

CASA Uptick

Savings Account (SA)Current Account (CA)

11,563 15,868 19,691

25,300 32,724

46,646

27.3%29.3%

32.5%34.1% 35.2% 36.9%

10%

16%

21%

27%

33%

38%

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

40,000

45,000

50,000

FY12 FY13 FY14 FY15 FY16 FY17

CASA (Rs crs) % of Total Deposits

6,869 8,835 9,776

12,356 15,478

19,609

16.2% 16.3% 16.2% 16.7% 16.6%15.5%

5%

7%

9%

11%

13%

15%

17%

19%

0

3,000

6,000

9,000

12,000

15,000

18,000

21,000


CA (Rs crs) % of Total Deposits

Building CASA traction

Expanding branch network

Focus on target market segments

Government business

Capital market flows

Key Non Resident markets

Self employed and Emerging Corporate businesses

Transaction Banking and CMS Mandates

Differentiated service propositions

4,694 7,033 9,915

12,944 17,246

27,037

11.1%13.0%

16.4%17.5% 18.5%

21.4%

-3.0%

1.0%

5.0%

9.0%

13.0%

17.0%

21.0%

25.0%

0

5,000

10,000

15,000

20,000

25,000

30,000


SA (Rs crs) % of Total Deposits

17

Efficient Distribution and Cross Sell


Life Insurance General Insurance Health Insurance Mortgage and Broking

18

Diversified Fee streams


Fee growth ahead of loan growth for last 7 years

Comprises a mix of retail and corporate fee incomes

Individual fee streams consists of multiple drivers

Rs cr FY15 FY16 FY17

Trade and Remittances 265 323 439

Foreign Exchange Income 553 639 655

Distribution Fees (Insurance, MF, Cards) 385 491 715

General Banking Fees 171 185 232

Loan Processing fees 493 700 854

Investment Banking 334 472 594

Total Core Fee Income 2,201 2,810 3,489

19

Asset Quality Managed Across Cycles

Stable Asset Quality 5

1.23%

1.01% 0.98%1.03%

1.12%

0.81%0.87%

0.93%

FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17

0.50%

0.28% 0.27%0.31% 0.33% 0.31%

0.36%0.39%


Gross NPA

Credit Cost *

0.79%

0.61%

0.41%0.46%

0.41%

0.48%0.53%

0.59%


Net NPA

* Net of recoveries 20

Well Rated Corporate Portfolio

Stable Asset Quality 5

0%

2%

4%

6%

8%

10%

12%

14%

16%

18%

20%

22%

24%

IB1(AAA)

IB2+(AA+)

IB2 (AA) IB2-(AA-)

IB3+(A+)

IB3 (A) IB3- (A-)

IB4+(BBB+)

IB4(BBB)

IB4-(BBB-)

IB5+(BB+)

IB5 (BB) IB5-(BB-)

IB6 (B) IB7 (C ) IB8 (C ) NPA (D)

Unsecured Non Fund Based %

Secured Non Fund Based %

Unsecured Fund Based %

Secured Fund Based %

PERCENT

OF

RATED

PORTFOLIO

Investment Grade Sub Investment Grade

21

As of June 2017

Robust Risk Management Structure

Focused Execution on Risk, Operations and Portfolio6

Risk and Control SelfAssessment

Key Risk

Indicators (KRIs)

Loss Data Collection and Analysis

Risk Profiling of branches

Operational Risk Assessment Processfor New Products

Risk Events Reporting

Business ContinuityPlan

Separate groupmonitors nonperforming loans

Account-wisemonitoring &recovery mechanism

Quality check onentire credit process

Tracking of credit

rating

Tracking of portfolio quality

Proactive Monitoringof Risk & exposures

Daily valuation

VaR & PV01Based Limit

Online monitoring ofRisk sensitivities

Capital Charge on Market Risk, CVA Basel III Liquidity Standards – LCR, Liquidity Ratios

Liquidity Gaps monitoring – Daily

Duration-based gapapproach

Stress testing for Liquidity, interest and foreign exchangerisk

ALM System / FundTransfer Pricing

Risk Rating Modelsrevised and benchmarked against external rating

Basel II & III implementation

Internal Capital AdequacyAssessment Process(ICAAP)

Stress testingreinforced

Portfolio Management &Credit QualityMonitoringreinforced

Credit Risk values measurement reinforced – PD, LGD, EAD

Credit Appraisal/ Approval process

Credit standards

tightened

Credit Adminreinforced andcentralised in hubs

Early warningsignals / Exceptions tracking

Enhancedmonitoringmechanism

22

Credit Approval & Monitoring

Credit Risk Management

Market Risk Management & ALM

Operational Risk Management

Financial Restructuring & Reconstruction

Credit Quality Assurance & Loan

Review

Risk Organization

Comfortable Capital Adequacy


Rs cr Mar 15 Mar 16 Mar 17 June 17

Credit Risk, CVA and UFCE 76,718 99,360 1,22,036 1,21,926

Market Risk 4,356 5,462 6,669 8,499

Operational Risk 7,855 11,466 14,824 14,824

Total Risk Weighted Assets 88,929 1,16,288 1,43,529 1,45,249

CET 1 Capital Funds 9,975 17,350 20,125 20,734

AT 1 Capital Funds - - 1,000 2,000

Tier 2 Capital Funds 776 669 842 758

Total Capital Funds 10,751 18,019 21,967 23,495

CRAR 12.09% 15.50% 15.31% 16.18%

CET1 11.22% 14.92% 14.02% 14.28%

Tier 1 11.22% 14.92% 14.72% 15.66%

Tier 2 0.87% 0.58% 0.59% 0.52%

Bank has maintained strong capital adequacy levels well in excess

of the minimum regulatory requirement

Raised Rs 10 billion of Additional Tier I (AT1) bonds in FY17 and

again in April 2017 to augment the Tier I ratio and position itself

strongly for the next phase of growth

CRAR

23

12.3% 11.4%

13.8%12.7%

11.2%

14.9% 14.7% 15.66%

3.6%

2.5%

1.6%

1.1%

0.9%

0.6% 0.6%0.52%

15.9%

13.9%

15.4%

13.9%

12.1%

15.5% 15.3%16.18%

FY11 FY12 FY13 FY14 FY15 FY16 FY17 Q1FY18

Tier I Tier II CRAR

Diversified Funding Sources


Funding Mix*

24

Net Worth12%

CA Deposits; 11%

SA Deposits; 15%

Retail & SME TD; 19%

Public Sector Units TD; 9%

Financial Institutions TD; 10%

Corporate TD; 4%

Capital Markets TD; 2%

Refinance; 8%

Infra Bonds; 1%

AT1 Bonds; 1%

Other Borrowings; 3%

Other Liabilities; 5%

* Data as on March 2017

78%76%

82%

83%

70%

72%

74%

76%

78%

80%

82%

84%

86%

-

2,00,000

4,00,000

6,00,000

8,00,000

10,00,000

12,00,000

14,00,000

16,00,000

18,00,000

Q1

FY

15

Q2

FY

15

Q3

FY

15

Q4F

Y15

Q1

FY

16

Q2

FY

16

Q3

FY

16

Q4

FY

16

Q1

FY

17

Q2

FY

17

Q3

FY

17

Q4

FY

17

Q1

FY

18

Borrowings Deposits

Deposits & Borrowings Evolution

9.5%

9.7%

9.3%

9.2% 9.2%9.1%

9.3%

9.4%

Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Dec-16 Mar-17 Jun-17

9,558

28,215

14,683

29,823

65.1%

74.2%

66.4%70.7%

78.4%81.1%

91.3%94.6%

91.6%

Jun

-15

Sep-1

5

Dec-1

5

Mar-1

6

Jun

-16

Sep-1

6

Dec-1

6

Mar-1

7

Jun

-17

HQLA (Rs cr) Net Cash Outflow (Rs cr) LCR (%)

Stable Liquidity and Leverage Profile


Liquidity Coverage Ratio

25

Basel III Leverage Ratio

Required >4.5%

Required >80%

Distribution Expansion to Drive Growth


Note: Numbers given above are total branches in each state.This does not include Branch/Representative Office in London, Dubai and Abu Dhabi.

602

1,210

2014 Current

Branches

4.5

9.5

2014 Current

Clients (mn)

26

Sustainable Banking: Good Ecology is good Economics!


27

Regulatory Compliance

Operational Compliance

Market Risk Management

Liquidity Management

AT-1 Capital Issuance

IT & Information Security

Reputation Risk

Management

Strategic Risk

Management

Environmental

Solar ATMs

Thin Servers

Waste Management

Green champions

LEEDs certified building

Financing Renewable

Energy

Afforestation Projects

Social

Water rejuvenation

projects

Micro Credit

Rural Branches

Para Champions

Priority sector compliance

Legal and Financial

literacy

Critical care support

Governance

Board Level CSR

Committee

6 Years of Sustainability

Reporting

Participation in CDP, DJSI

Surveys

Environmental Lending

Policy

Integrated Financial

Reporting

A

Innovation as a Service Differentiator

History of Technology Refresh and Innovation7

Channel

Innovation

Service

Innovation

Product

Innovation

Client

Experience Edge

28

Digitize to Differentiate, Diversify and Create Domain Expertise

History of Technology Refresh and Innovation7

29

Integrated Digital Strategy to extract significant value (14% of 2020 profit) via:

1. Agility & Innovation as Service Differentiator

2. Operating Efficiency in Front & Back Office

3. Evolution to Online/Digital Channels

4. Partnering with the Digital Ecosystems

5. Improved Decision Making & Analytics

6. Transform to Digital Offerings

7. Re-skilling Staff on Digital Technologies

Additional Information

30

Balance Sheet

(Rs Crs)

31*In terms of RBI guidelines Repo / Reverse Repo under LAF is regrouped.

* Q1FY18 Q1FY17 Y-o-Y (%) Q4FY17 Q-o-Q (%)

Capital & Liabilities

Capital 599 596 1% 598 -

Reserves and Surplus 20,902 17,786 18% 20,048 4%

Deposits 1,33,673 1,01,768 31% 1,26,572 6%

Borrowings 27,404 21,676 26% 22,454 22%

Other Liabilities and Provisions 8,072 8,424 (4%) 8,976 (10%)

Total 1,90,650 1,50,250 27% 1,78,648 7%

Assets

Cash and Balances with RBI 6,415 5,224 23% 7,749 (17%)

Balances with Banks 13,754 6,193 122% 10,879 26%

Investments 42,147 33,240 27% 36,702 15%

Advances 1,16,407 93,678 24% 1,13,081 3%

Fixed Assets 1,360 1,276 7% 1,335 2%

Other Assets 10,567 10,639 (1%) 8,902 19%

Total 1,90,650 1,50,250 27% 1,78,648 7%

Business (Advances + Deposit) 2,50,080 1,95,446 28% 2,39,653 4%

Profit and Loss Statement

(Rs Crs)

32

Q1FY18 Q1FY17 Y-o-Y (%) Q4FY17 Q-o-Q (%)

Net Interest Income 1,774 1,356 31% 1,667 6%

Other Income 1,167 973 20% 1,211 (4%)

Total Income 2,941 2,329 26% 2,879 2%

Operating Expenses 1,352 1,096 23% 1,307 4%

Operating Profit 1,589 1,233 29% 1,572 1%

Provisions & Contingencies

310 230 34% 430 (28%)

Profit before Tax 1,279 1,003 27% 1,142 12%

Provision for Tax 442 342 29% 390 13%

Profit after Tax 837 661 26% 752 11%

Accolades

33

Award Winning Brand / Franchise

34

Business Today2016

“The Best CEO (BFSI)” Mr. Romesh Sobti

Forbes India2016

Forbes’ Super 50 Companies in India

BrandZ Top 50WPP Plc & Milward Brown

2016

Ranked 12th Most Valuable Indian Brands

Celent Model Bank 2017

Winner- Fraud Management and

Cybersecurity

Thank You

Disclaimer

This presentation has been prepared by IndusInd Bank Limited (the “Bank”) solely for information purposes, without regard to any specific objectives, financial situations or

informational needs of any particular person. All information contained has been prepared solely by the Bank. No information contained herein has been independently verified by

anyone else. This presentation may not be copied, distributed, redistributed or disseminated, directly or indirectly, in any manner.

This presentation does not constitute an offer or invitation, directly or indirectly, to purchase or subscribe for any securities of the Bank by any person in any jurisdiction, including

India and the United States. No part of it should form the basis of or be relied upon in connection with any investment decision or any contract or commitment to purchase or

subscribe for any securities. Any person placing reliance on the information contained in this presentation or any other communication by the Bank does so at his or her own risk

and the Bank shall not be liable for any loss or damage caused pursuant to any act or omission based on or in reliance upon the information contained herein.

No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or

opinions contained in this presentation. Such information and opinions are in all events not current after the date of this presentation. Further, past performance is not necessarily

indicative of future results.

This presentation is not a complete description of the Bank. This presentation may contain statements that constitute forward-looking statements. All forward looking statements

are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those contemplated by the relevant forward-looking statement.

Important factors that could cause actual results to differ materially include, among others, future changes or developments in the Bank’s business, its competitive environment and

political, economic, legal and social conditions. Given these risks, uncertainties and other factors, viewers of this presentation are cautioned not to place undue reliance on these

forward-looking statements. The Bank disclaims any obligation to update these forward-looking statements to reflect future events or developments.

Except as otherwise noted, all of the information contained herein is indicative and is based on management information, current plans and estimates in the form as it has been

disclosed in this presentation. Any opinion, estimate or projection herein constitutes a judgment as of the date of this presentation and there can be no assurance that future results

or events will be consistent with any such opinion, estimate or projection. The Bank may alter, modify or otherwise change in any manner the content of this presentation, without

obligation to notify any person of such change or changes. The accuracy of this presentation is not guaranteed, it may be incomplete or condensed and it may not contain all

material information concerning the Bank.

This presentation is not intended to be an offer document or a prospectus under the Companies Act, 2013 and Rules made thereafter , as amended, the Securities and Exchange

Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended or any other applicable law.

Figures for the previous period / year have been regrouped wherever necessary to conform to the current period’s / year’s presentation. Total in some columns / rows may not

agree due to rounding off.

Note: All financial numbers in the presentation are from Audited Financials or Limited Reviewed financials or based on Management estimates.36

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