Putting India First

Putting India First Return Ratios 40.0% Key Return Ratios 35.0% 31.3% 27.9% 29.6% 29.6% 33.5% 30.0% 25.0% 25.7% 20.0% 21.4% 21.9% 22.1% 20.8% 15.0% 10.0% 5.0% 0.0% FY 18 FY 19 FY 20 FY 21 FY 22 ⚫ROCE ROE Post Tax Continued improvement in capital efficiency and return to shareholders *Note: All the figures are based on Proforma unaudited consolidated financial results prepared assuming merger was effective from April 1, 2017. indus TOWERS 14

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