Key Highlights — Q1 FY27• Robust Q1 Performance: Standalone revenue grew 41.6% YoY to ₹1,010 crore, EBITDA of ₹157 crore was up 95.1% YoY, with EBITDA margin expanding 450 bps YoY to 15.3%, while PAT more than doubled YoY (up 167.7%) to ₹78 crore, the highest-ever standalone quarterly PAT reported by the Company, with PAT margin expanding 370 bps YoY to 7.6%. •Consolidated Revenue from operations grew 41.9% YoY to ₹1,053 crore, the strongest YoY revenue growth in five quarters while consolidated PAT more than doubled YoY to ₹61 crore, underscoring the operating momentum the Company carries into the rest of FY27. •Consolidated Orderbook: Consolidated order book stands at ~₹3,600 crore across India and Saudi Arabia, with the majority executable over the next 6–12 months, providing strong revenue visibility heading into FY27. The project launch is on track for mid-September 2026, with MAN’s share expected to generate ₹35–50 crore of cash flows in FY27. •FY27 Revenue Guidance: On track to achieve our revenue guidance of ~₹5,000 crore for FY27 with an EBITDA margin of 13-15%.