ay winiac Be surprised!

Date: 14 May, 2021

To, To BSE Limited National Stock Exchange of Limited Corporate Relationship Department Exchange Plaza, Plot No. C-1, Block G, 25" Floor, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (East) Dalal Street, Mumbai- 400001 Mumbai -400051 Scrip Code: 543258 NSE Symbol: INDIGOPNTS

Dear Sir,

Sub: Press Release- Unaudited Financial Results of the Company along with the

Limited Review Report thereon for the quarter and nine month ended on 3lst December, 2020.

Pursuant to regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), we have attached herewith a copy of the Press Release that is being issued by the Company today, in connection with the above captioned subject.

Please take the above information on record.

Thanking you. Yours faithfully,

For Indigo Paints Limit

Company Secretary & Compliance Officer

Encl — As above

Registered Office: INDIGO Paints L i m i t e d (Formerly INDIGO P a i n t s P v t L t d ) , Indigo T o w e r , Street - 5 , Pallod F a r m- 2 , B a n e r R o a d , 4 1 1 0 4 5 , T . + 9 1 20 6681 4 3 0 0 , Email: [email protected], Website: www.indigopaints.com, VAT 7ANAAATAUANNNANRY CIN: U24114PN2000PLCO SS 14669 Olyee a

Press Release

Financial Results for the quarter and nine month ended 31° December 2020.

Highlights of the Results:

a. Net Revenue from Operations for the quarter ended December 31, 2020 was Rs 209.64 crores as against Rs. 171.62 crores in the corresponding quarter of the last year representing an increase of 22.2% over the corresponding period of the year before.

b. EBIDTA (excluding other income) for the quarter ended December 31, 2020 was Rs. 31.49 crores as against Rs. 20.92 crores in the corresponding quarter of the last year representing an increase of 50.5% over the corresponding period of last year.

c. Net profit for the quarter ended December 31, 2020 was Rs. 18.78 crores as against Rs. 14.52 crores in the corresponding quarter of last year representing an increase of 29.4 % over the corresponding period of last year.

For and on Behalf of Indigo Paints Limited

Chetan Bhalchandra Humane Chief Financial Officer

Registered Office: INDIGO Paints Limited (Formerly INDIGO Paints Pvt Ltd), Indigo Tower, Sireet- 5, Pallod Farm- 2, Baner Road, Pune 411045, Maharashira T. +91 20 6681 4300, Email: [email protected], Website: www.indigopaints.com, CIN: U24114PN2000PLCO 14669 VWAPTANAWT IAN ARY4/4 2