Consolidated Financials Snapshot

Strong revival in Hospitality Segment Remarkable turnaround during Q1 FY23; revival of primary segments such as rooms, F&B, MICE and banquet events Revenue and occupancy surpassed pre-covid levels; ARR is back to pre-covid levels GRAND MERCURE Continued cost-optimization measures assisted in increase in margin Achieved EBITDA of 32% during the quarter, back to pre-covid levels Expect hospitality business to continue the positive momentum 59% Grand Mercure, Mysore 45% 59% 49% BRIGADE Holiday Inn Express, OMR 71% 23% 5,435 2,844 3,199 3,858 3,891 5,363 Q1 FY20 Pre- covid Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 ARR Occupancy Achieved hospitality EBITDA of INR 291Mn in Q1 FY23 surpassing the overall FY22 EBITDA of INR 227 Mn by 28% 14

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