Reply to Clarification- Financial results

Date: September 08, 2026 National Stock Exchange of India Ltd Bandra Kurla Complex 5th Floor, Exchange Plaza Bandra (East), Mumbai – 400051 NSE Symbol: ORICONENT Dear Sir/Madam, With reference to your email dated September 04, 2026, seeking clarification regarding the Financial Results, we state that : The machine-readable version of the Financial Results is enclosed herewith. We have submitted revised Financial Results XBRL on the NSE Portal. We hope the above will suffice and request you to kindly treat the deficiency as resolved. Thanking you, Yours faithfully, For Oricon Enterprises Limited Sanjay Jain Company Secretary Regd. Office: 1076, Dr. E. Moses Road, P. B. No. 6584, Worli, Mumbai - 400018. Fax: +91-22 24963055 Phone: +91 - 22- 2496 4656 - 58, 4366 2200 E-mail: oclcont@ocl-india.com website: www.oriconenterprises.com CIN: L28100MH1968PLC014156 SGN&CO CHARTERED ACCOUNTANTS Independent Auditor’'s Review Report on the Unaudited Consolidated Financial Results pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors Oricon Enterprises Limited Introduction 1) We have reviewed the accompanying Statement of Unauditéd Consolidated Financial Results of Oricon Enterprises Limited ("the Parent"), which includes its subsidiaries (the Parent and its subsidiaries together referred to as 'the Group'), and its Joint Venture Entity (refer note 4 below) for the quarter ended June 30, 2026 (the "Statement") attached herewith, being submitted by the Parent pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (‘the Regulation') read with SEBI Circulars. 2) This Statement, which is the responsibility of the Parent's Management and approved by the Parent's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, {Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India read with the SEBI Circulars. Our responsibility is to express a conclusion on the Statement based on our review. Scope of review 3) We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to cbtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion, Office No. 78 7t Floor, Kalpataru Avenue Opp ESIS Hospital Akruli Road Kandivali East Mumbai - 400 101 Email - accounts@sanco.in SGN&CO CHARTERED ACCOUNTANTS We also performed procedures in accordance with the Circular issued by the Securities and Exchange Board of India under Regulation 33(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, to the extent applicable. 4) The Statement includes the results of the following entities: Sr. No. | Name of the Entity Relationship ] 1 Oricon Enterprises Limited | ~ Parent 2 United Shippers Limited [ Subsidiary |3 USL General Trading -F ZE {Subsidiary of United Subsidiary Shippers Limited) 4 United Shippers Logistics Limited (Subsidiaroyf Subsidiary United Shippers Limited) (up to July 31, 2025) 5 Reay Road “lron & Metal Warehousing Private | Subsidiary Limited 6 Oriental Containers Limited (up to July 07, 2026) | Subsidiary % Claridge Energy LLP Joint Controlled Entity 8 Technocap Oriental Private Limited (up to March 31, Associate 2026) Conclusion 5) Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of the other auditors referred to in paragraph 6 (a) to (c) below, nothing has come to our attention that causes us to believe that the accompanying Statement of Unaudited Consolidated Financial Results prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disciosure Requirements) Regulations, 2015, as amended read with relevant circulars issued thereunder including the manner in which it is to be disclosed, or that it contains any material misstatement. Other Matters 6) a) We did not review the Unaudited Standalone Financial Results of two subsidiaries included in the Unaudited Consolidated Financial Results, whose financial results reflect total income of Rs. 67,51 lakhs, total net loss after tax of Rs. 13.37 lakhs and total comprehensive loss of Rs. 13.37 lakhs for the quarter ended June 30, 2026 as considered in the Unaudited Consolidated Financial Results. These Unaudited Standalone Financial Results have been reviewed by other auditors whose reports have been furnished to us by the management and our conclusion on the Statement in so far as it relates to the amounts and disclosures included in respect of these subsidiaries, is solely based on the report of such other auditors and the procedures performed by us as stated in paragraph 3 above. Office No. 78 7th Floor, Kalpataru Avenue Opp ESIS Hospital Akruli Road Kandivali East Mumbai - 400 101 Email - accounts@sgnco.in SGN&CO CHARTERED ACCOUNTANTS b) We did not review Unaudited Standalone Financial Results of a subsidiary included in the Unaudited Consolidated Financial Results, whose financial results reflect total income of Rs. 530.81 lakhs, total net Profit after tax of Rs. 186.96 lakhs and total comprehensive income of Rs. 257.09 lakhs for the quarter ended June 30, 2026 respectively as considered in the Unaudited Consolidated Financial Results. These Unaudited Standalone Financial Results have been reviewed by other auditors whose report has been furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of the said subsidiary, is based solely on the report of the other auditors and the procedures performed by us as stated in paragraph 3 above. The said subsidiary is located outside India whose Unaudited Standalone Financial Results and other financial information have been prepared in accordance with accounting principles generally accepted in that respective country and which has been reviewed by other auditors under generally accepted auditing standards applicable in that country, The Parent Company’s management has converted the unaudited financial results of the said subsidiary located outside India from accounting principles generally accepted in that country to accounting principles generally accepted in India. We have reviewed these conversion adjustments made by the Parent Company’s management. Qur conclusion in so far as it relates to the financial information of the said subsidiary located outside India, is based on the report of other auditors and the conversion adjustments prepared by the management of the Parent Company and reviewed by us. c) The Unaudited Consolidated Financial Results also include the Group’s share of net profits/loss of Rs. Nil for quarter ended June 30, 2026 a [Showing first 8,000 characters — download PDF for full document]