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Investor Presentaiton

Consolidated EBITDA to NDCF Waterfall - Q2 FY22 IndiGrid (In INR Mn) 5,065 -196 -90 326 -13 Reserve worth INR 9.4 Mn created during the quarter; reserve balance at ~INR 1,160 Mn 24 24 5,107 -9 -12 2,232 -2,854 -9 Finance cost WC movement Tax at SPV NDCF at SPV Finance cost at IGT* Distribution EBITDA at SPV Debt repayment Capex Reserve at SPV Expenses at IGT Tax at IGT Note: NDCF Generated includes factoring worth ~INR 250 Mn in Q2 FY22 * Finance cost at IGT includes a one-time interest outflow worth -INR 660 Mn on account market linked debenture prepayment 12
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