Crizac Limited

25%

(INR Million) Operating EBITDA! (INR Million & % Margin) PAT (INR Million & % Margin) Growth ~25% 29.19% 39.00% 28.45% 24.89% QFY25 QIFY26 QFY26 QIFY26 Q2FY26 Q2FY25 Q1FY26

29.19%

illion) Operating EBITDA! (INR Million & % Margin) PAT (INR Million & % Margin) Growth ~25% 29.19% 39.00% 28.45% 24.89% QFY25 QIFY26 QFY26 QIFY26 Q2FY26 Q2FY25 Q1FY26 Q2FY26

39.00%

Operating EBITDA! (INR Million & % Margin) PAT (INR Million & % Margin) Growth ~25% 29.19% 39.00% 28.45% 24.89% QFY25 QIFY26 QFY26 QIFY26 Q2FY26 Q2FY25 Q1FY26 Q2FY26 1. Operat

28.45%

g EBITDA! (INR Million & % Margin) PAT (INR Million & % Margin) Growth ~25% 29.19% 39.00% 28.45% 24.89% QFY25 QIFY26 QFY26 QIFY26 Q2FY26 Q2FY25 Q1FY26 Q2FY26 1. Operating EBITD

24.89%

(INR Million & % Margin) PAT (INR Million & % Margin) Growth ~25% 29.19% 39.00% 28.45% 24.89% QFY25 QIFY26 QFY26 QIFY26 Q2FY26 Q2FY25 Q1FY26 Q2FY26 1. Operating EBITDA does no

INR 439.54 Lakh

does not include Other Income or Exceptional Items EBITDA includes loss from forward contracts of INR 439.54 Lakhs, NI, and INR 24.72 Lakhs for the quarter ended June 30, 2025, quarter ended March 31, 2025 and qu

INR 24.72 Lakh

come or Exceptional Items EBITDA includes loss from forward contracts of INR 439.54 Lakhs, NI, and INR 24.72 Lakhs for the quarter ended June 30, 2025, quarter ended March 31, 2025 and quarter ended June 30, 2024

24.92%

5 | % | Rationale for change Income Revenue from operations 1,622.52 2,095.35 1298.80 24.92% = Growth in enrolments Other income Total income (1) Expenses Cost of Services 76.37 76

12.03%

nrolments Other income Total income (1) Expenses Cost of Services 76.37 76.70 68.17 12.03% | Increase in Interest Income from FDs 1,698.89 2,172.05 1366.97 24.28% 912.77 1,343.81

24.28%

7 76.70 68.17 12.03% | Increase in Interest Income from FDs 1,698.89 2,172.05 1366.97 24.28% 912.77 1,343.81 755.30 20.85% | Increase in-line with growth in Revenues from Operations

20.85%

in Interest Income from FDs 1,698.89 2,172.05 1366.97 24.28% 912.77 1,343.81 755.30 20.85% | Increase in-line with growth in Revenues from Operations Employee Benefits Expense 7293 549

40.52%

in-line with growth in Revenues from Operations Employee Benefits Expense 7293 5494 51.90 40.52% fzzzzzz in-line with growth in scale of operations and normal wage Finance Costs 0.05 0.03

Notes

1

Tax Expense

1

Operations

1

ROE

1

Notes

(1) @ 3) “@ () Statement of Profit and Loss (Quarterly) Particulars (X mn) | Q2FY26 ‘ Q1FY26 ’ Q2FY25 | % | Rationale for change Income Revenue from operations 1,622.52 2,095.35 1298.80 24.92% = Growth in enrolments Other income Total income (1) Expenses Cost of Services 76.37 76.70 68.17 12.03% | Increase in Interest Income from FDs 1,698.89 2,172.05 1366.97 24.28% 912.77 1,343.81 755.30 20.85% | Increase in-line with growth in Revenues from Operations Employee Benefits Expense 7293 5494 51.90 40.52% fzzzzzz in-line with growth in scale of operations and normal wage Finance Costs 0.05 0.03 0.03 66.66% = Not meaningful Depreciation and Amortisation Expense 60.82 66.90 11430 (46.78%) = Decrease in WDV of Assets Other Expenses 47.23 4741 60.23 (21.58%) = Due to decrease in Expenses Total expenses (II) 605.09 1513.09 981.76 (38.36%) :’Irf:::; before tax before exceptional items (llI) = 1,093.80 658.96 385.21 183.95% Exceptional Items (IV) Total tax expense (V) - - - NA | Not meaningful 16

Tax Expense

Current Tax Income Tax related to earlier years Deferred Tax Total Tax Expenses Profit/(Loss) after Tax Privileged & Confidential, © 2025, All Rights Reserved. 76.37 76.70 38.17 35285 1,698.89 2,172.05 1336.97 8,847.76 912.77 1,343.81 72.93 0.05 60.82 47.23 54.94 0.03 66.90 4741 605.09 1,513.09 1,093.80 658.96 158.74 - 60.69 21943 164.42 0.01 (1.18) 163.25 755.30 51.87 0.03 114.30 60.24 981.74 355.23 75.38 - (0.68) 74.70 5,992.38 191.62 0.11 456.55 1827 6,823.36 2,024.40 705.97 (0.69) (210.21) 495.07 1,529.33 Summary - proforma consolidated balance sheet for past 2 fiscals Particulars (X mn Assets Non-current assets Property, Plant and Equipment Intangible Asset Right of Use Asset Investment Property Goodwill Financial Assets i. Investments in Subsidiary ii. Investments iii. Other Financial Assets Other Non-Current Assets Total Non-Current Assets Current assets Financial Assets i. Investments ii. Trade Receivables iii. Cash and Cash Equivalents iv. Other Bank Balances v. Other Financia

ROE

- s N Revenue CAGR* FY 25 INR 8,494.91 Mn 25.38% 17.50% 30.79% 100.18% institutions of higher education Crizac is also Debt Free and has Strong Operating Cash Flows Primary source of revenue is the income received from the educational consultancy services provided to the global institutions of higher education Crizac sources student applications from over 80+ countries® through around 13,500+ agents globally who are registered on the proprietary technology platform Numbers Key Geographies Global Institutions Of Higher Education — &». <4l% UK ‘ ' Ireland (%) canada = USA Student Applications . F—N <& !ndia o ‘ . Nigeria . China g Kenya 250+ 13,500+ 9.20 Lakh+ 80+ 366/14 Global institutions of higher education® Agents registered on platform (As of September 30, 2025) Student applications® Countries from which applications are sourced® Employees/ Consultants (As on September 30, 2025) ... which provides student recruitment solutions across the higher education system A w Universities ‘@ri