Skytech Infinite Platform Ltd Auditor Reports

SECTION IX: FINANCIAL INFORMATION

FINANCIAL STATEMENTS AS RESTATED

INDEPENDENT AUDITORS EXAMINATION REPORT ON RESTATED

STANDALONE FINANCIAL INFORMATION

To,

The Board of Directors,

Skytech Infinite Platform Limited

(Formerly known as Skytech Infinite Platform Private Limited)

(hereinafter referred to as the "Issuer Company")

No. 229/3, Oil Mill Compound,

Oil Mill Road Saitpalya,

Lingarajapuram, Bangalore,

Karnataka, India, 560084

Dear Sir,

Reference: Proposed Initial Public Offering ("IPO") of Equity Shares by M/s Skytech Infinite Platform Limited

1. We, Ranga & Co. Chartered Accountants, ("we" or "us") have examined the attached Restated Standalone Financial Statement of Skytech Infinite Platform Limited (hereunder referred to "the Company", "Issuer") comprising the Restated Statement of Assets and Liabilities as at March 31, 2026, March 31, 2025 and March 31, 2024, the Restated Statement of Profit & Loss, the Restated Statement of Changes in Equity for the period ended March 31, 2026, March 31, 2025 and March 31, 2024 the Restated Cash Flow Statement for the year ended March 31, 2026, March 31, 2025 and March 31, 2024, the statement of Significant Accounting Policies and other explanatory Information enclosed as Note 2 (Collectively the Restated Standalone Financial Statement) as approved by the Board of Directors in their meeting held on 18.06.2026 for the purpose of inclusion in the Draft Prospectus/Prospectus (collectively, the "Offer Documents") in connection with its proposed Issue of equity shares at the SME Platform ("SME IPO"), prepared by the Company in connection with its Issue of Equity Shares prepared in terms of the requirement of :-

a) Section 26 of Part I of Chapter III of the Companies Act, 2013 as amended (the "Act"); b) The Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations 2018 as amended ("ICDR Regulations"); and c) The Guidance Note. The Guidance Note on Reports in Company Prospectuses (as amended) issued by the Institute of Chartered Accountants of India as amended from time to time. ("The Guidance Note")

Managements Responsibility

2. The Management/Board of Directors of the Company is responsible for the preparation of the Restated

Standalone Financial Statement for the purpose of inclusion in the offer document to be filed with Stock Exchange, Securities and Exchange Board of India, and Registrar of Companies, Karnataka in connection with the proposed SME IPO. The Restated Standalone Financial Statements have been prepared by the management of the Company for the year ended on March 31, 2026, March 31, 2025 and March 31, 2024, on the basis of notes to restatement in Note 2 to the Restated Financial Statement. The Board of Directors Of the companys responsibility includes designing, implementing and maintaining adequate internal control relevant to the preparation and presentation of the Restated Financial Statement.

Auditors Responsibilities

3. We have examined such Restated Financial Statement taking into consideration: a) The terms of reference and terms of our engagement agreed upon with you in accordance with our engagement letter dated 01.05.2026 with the proposed SME IPO of equity shares of the Company; b) The Guidance Note also requires that we comply with the ethical requirements of the Code of Ethics issued by the ICAI; c) Concepts of test checks and materiality to obtain reasonable assurance based on verification of evidence supporting the Restated Standalone Financial Statements: and d) The requirements of Section 26 of the Act and the ICDR Regulations.

Our work was performed solely to assist you in meeting your responsibilities in relation to your compliance with the Act, the ICDR Regulations and the Guidance Note in connection with the IPO Issue of equity shares.

Restated Financial Statements

4. This Restated Financial Statements have been compiled by the management from:

a) Audited financial statements of the company as at and for the year ended on March 31, 2026, March 31, 2025 and March 31, 2024 prepared in accordance with the Accounting Standards (Indian GAAP) as prescribed under Section 133 of the Act, read with Rule 7 of the Companies (Accounts) Rules, 2014, Companies (Accounting Standards) Rules 2021 as amended and other accounting principles generally accepted in India.

b) Audit of the Financial Statement of the Company for the year ended March 31, 2026, March 31, 2025 and March 31, 2024 have been prepared by the Company in accordance with the generally accepted accounting policies and as approved by board of the Company and Audited by us vide our Audit Report dated 18th June 2026, 08th September 2025 and 5th September, 2024 respectively.

Auditors Report

5. For the purpose of our examination, we have relied on: a) Auditors Report issued by us, on the Audited Financial Statements of the Company as at and for the period ended

31st March 2026, 31st March 2025 and 31st March, 2024 as referred in Paragraph 4(b) above.

6. Based on our examination and according to the information and explanation given to us, we report that the Restated Standalone Financial Statement:

a) The "Restated Summary Statement of Assets and Liabilities" as set out in Annexure I to this report, of the

Company as at March 31, 2026, March 31, 2025 and March 31, 2024 are prepared by the Company and approved by the Board of Directors after making such adjustments and regroupings to the individual financial statements of the Company, as in our opinion were appropriate and more fully described in Significant Accounting Policies and Notes to Accounts as set out in Annexure IV & Annexure VI to this Report.

b) The "Restated Summary Statement of Profit and Loss" as set out in Annexure II to this report, of the Company for the Financial Years ended on March 31, 2026, March 31, 2025 and March 31, 2024 are prepared by the Company and approved by the Board of Directors after making such adjustments and regroupings to the individual financial statements of the Company, as in our opinion were appropriate and more fully described in Significant Accounting Policies and Notes to Accounts as set out in Annexure IV and Annexure VI to this Report.

c) The "Restated Summary Statement of Cash Flow" as set out in Annexure III to this report, of the Company for the

Financial Years ended on March 31, 2026, March 31, 2025 and March 31, 2024 are prepared by the Company and approved by the Board of Directors after making such adjustments and regroupings to the individual financial statements of the Company, as in our opinion were appropriate and more fully described in Significant Accounting Policies and Notes to Accounts as set out in Annexure IV and Annexure VI to this Report.

d) Have been made after incorporating adjustments for the changes in accounting policies retrospectively in respective financial period/years to reflect the same accounting treatment as per the changed accounting policy for all reporting periods, if any;

e) Do not contain any modification which requires adjustment.

f) In accordance with the requirements of Part I of Chapter III of Act including rules made there under, ICDR Regulations, Guidance Note and Engagement Letter.

g) There are no extra-ordinary items that needs to be disclosed separately in the accounts other than those already disclosed.

h) There are no revaluation reserves, which need to be disclosed separately in the Restated Financial Statements;

i) the company has not proposed any dividend in past effective for the said period.

7. We have also examined the following other financial information relating to the Company prepared by the Management and as approved by the Board of Directors of the Company and annexed to this report relating to the Company for Financial year ended March 31, 2026, March 31, 2025 and March 31, 2024 proposed to be included in the Offer Document for the proposed of IPO Issue of equity shares.

Particulars	Note No.
Restated Statement of Share Capital, Reserves and Surplus	4,5
Restated Statement of Long Term and Short-Term Borrowings/Statement of principle Term of Secured loan and Assets charges as security and Statement of term & Condition of unsecured Loans.	6,8
Restated Statement of Long-Term Provisions	7
Restated Statement of Trade Payables	9
Restated Statement of Other Current Liabilities and Short-Term Provisions	10,11
Restated Statement of Property, Plant and Equipment and Intangible Assets	12
Restated Statement of Non-Current Investments	13
Restated Statement of Deferred Tax (Assets)/ Liabilities	14
Restated Statement of Long term loans and advances and Other Non-Current Assets	15,16
Restated Statement of Inventories	17
Restated Statement of Trade Receivables	18
Restated Statement of Cash & Cash Equivalents	19
Restated Statement of Short -Term Loans and Advances	20
Restated Statement of Other Current Assets	21
Restated Statement of Revenue from Operations	22
Restated Statement of Other Income	23
Restated Statement of Cost of Material Consumed	24
Restated Statement of Change in Inventories	25
Restated Statement of Employee Benefits Expenses	26
Restated Statement of Other Expenses	27
Restated Statement of Depreciation & Amortization	28
Restated Statement of Finance Cost	29
Restated Statement of Contingent Liabilities	33
Restated Statement of Related Party Transaction	37
Restated Statement of Mandatory Accounting Ratios	38
Significant Accounting Policy and Notes to The Restated Financial Statements	2,3

Opinion

8. In our opinion and to the best of information and explanation provided to us, the Restated Financial Statement of the Company, read with significant accounting policies and notes to accounts are prepared after providing appropriate adjustments and regroupings as considered appropriate.

a) We, M/ s. Ranga & Co, Chartered Accountants have been subjected to the peer review process of the Institute of Chartered Accountants of India (ICAI) and our peer Review Certificate is valid as on the date of signing of this report.

b) The preparation and presentation of the Financial Statements referred to above are based on the Audited financial statements of the Company and are in accordance with the provisions of the Act and ICDR Regulations. The Financial Statements and information referred to above is the responsibility of the management of the Company. c) The report should not in any way be construed as a re-issuance or re-dating of any of the previous audit reports issued by any other Firm of Chartered Accountants nor should this report be constructed as a new opinion on any of the financial statements referred to therein.

d) We have no responsibility to update our report for events and circumstance occurring after the date of the report.

In our opinion, the above Financial Statements along with Note 1 to 42 of this report read with the respective Significant Accounting Polices and Notes to Accounts are prepared after regrouping as considered appropriate and have been prepared in accordance with the Companies Act, ICDR Regulations, Engagement Letter and Guidance Note.

Restriction on Use

9. Our report is intended solely for use of the management and for inclusion in the Offer Document in connection with the Proposed IPO issue of Equity Shares of the Company and our report should not be used, referred to or distributed for any other purpose without our prior consent in writing

For Ranga & Co

Chartered Accountants

Firms Registration No: 003042S

Sd/-

CA K. Sivaguru Prasada Rao

Partner

Membership No. 028115

UDIN: 26028115KKBQDB7341

Place: Bangalore

Date: 18-06-2026