Investor Presentaiton

Financial Performance - Q2 FY22 Collection Trend: Collections at 105% in Q2 FY22 vs 113% YoY and 70% QoQ • DSO days at 52 as of Sep'21 vs 81 days YoY 99% 88% Collection Efficiency % 110% 81% July August 146% 128% Consolidated Financials IndiGrid INR Mn Q2 FY22 Q2 FY21 % change Revenue 5,476 3,840 43% EBITDA 5,040 3,375 49% NDCF Generated 2,241 1,976 13% DPU (INR per unit) ~3.19 3.00 6% Revenue (INR Mn) EBITDA (INR Mn) 14,473 16,748 55% 51% CAGR 11,504 113% 105% CAGR 12,427 11,019 September Q2 82 FY21 ■FY22 4,480 6,656 6,036 4,155 10,080 FY18 FY19 FY20 FY21 H1 FY22 FY18 FY19 FY20 FY21 H1 FY22 Note: NDCF Generated includes factoring worth ~INR 250 Mn in Q2 FY22 10 10

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