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Investor Presentaiton

Standalone Vs Consolidated (INR Crores, unless otherwise mentioned) Consolidated QIFY23 QIFY22 YOY Growth (%) Standalone QIFY23 QIFY22 YOY Growth (%) Total Income 71.4 52.3 36.5% 68.0 52.5 29.5% Revenue from Operations 65.0 43.3 50.2% 61.9 43.3 42.9% EBITDA 29.9 19.3 EBITDA Margin (%) 46.0% 44.6% 54.9% 30.8 140 bps 49.7% 19.7 56.3% 45.5% 420 bps PBT 33.7 24.9 35.3% 34.7 25.8 34.5% PBT Margin (%) 47.2% 47.6% -40 bps 51.0% 49.1% 190 bps Effective tax rate PAT 28.1% 17.3% 24.2 2 20.6 PAT Margin (%) 33.9% 39.3% 27.7% 17.5% 25.1 -540 bps 36.9% 18.2% 21.1 18.9% 40.2% -330 bps Contribution Profit (in Rs.) 53.9 37.7 42.97% 50.8 37.7 34.7% Contribution Margin (%) 82.9% 87.1% 82.1% 87.1% Q1FY23 Performance Standalone business shows expansion in EBITDA margins and PBT margins. Consolidated vs Standalone will evolve as the recently acquired Gtropy business scales. Integration and synergy vis-a-vis the Standalone business is currently work in progress and shall be completed in next few quarters. Gtropy business has huge multi- billion dollar opportunity to scale from its current scale. As Gtropy business scales, business currently generated ~Rs 8 Cr revenue in Q1 FY23, with ~ Rs O Cr EBITDA will both grow significantly. Hence, the Revenue, EBITDA and PAT contribution of Gtropy to the consolidated business will also grow meaningfully by end of FY23. 11
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