Reply to Clarification- Financial results

To Date: September 11, 2026 Listing Compliance Department National Stock Exchange of India Limited Exchange Plaza, Plot No. C-1, G Block, Bandra Kurla Complex, Bandra (E) Mumbai- 400051 Symbol- SHANKARA Sub: Reply to Observation on Financial Results for the quarter ended 30th June 2026 Dear Sir/Madam, With reference to your communication regarding the Outcome of Board Meeting – Financial Results submitted to the Exchange dated 05-Aug-2026 of Shankara Building Products Limited, wherein the following deficiencies have been observed: 1. Segment details not submitted; and 2. Limited Review Report / Independent Auditor’s Report not in the format prescribed by SEBI and UDIN not mentioned correctly, we hereby submit our clarification as under: 1. Segment Reporting With respect to the segment details, we wish to clarify that the relevant disclosure is appearing as Note No. 8 to the Q2 Review Results for FY 2025-26. Further, the corresponding disclosure is also appearing as Note No. 43 – Segment Reporting in the Consolidated Audited Financial Statements included in the Annual Report for the year ended 31st March 2026, as reproduced below: “Due to demerger of its trading business to the resulting company Shankara Buildpro Ltd, there is no trading business in Shankara Building Products Limited. Hence, the segment information is not presented.” Accordingly, there are no reportable segments requiring separate segment-wise disclosure pursuant to the demerger of the trading business. 2. Limited Review Report / Independent Auditor’s Report and UDIN With regard to the Limited Review Report / Independent Auditor’s Report and the UDIN, we note the observation raised by the Exchange. Registered Office: Corporate Office: G2, Farah Winsford, 133 Infantry Road, No.21/1 & 35-A-1, Hosur Main Road Bengaluru-560001, Karnataka Electronic City, Veerasandra, Bengaluru-560100 Ph:-91-080-40117777 Ph:-91-080-27836955 Email:-info@shankarabuildpro.com CIN: L24311KA1995PLC018990 Website: www.shankarabuildingproductsltd.com We are hereby resubmitting the financial results along with the relevant Limited Review Report / Independent Auditor’s Report with the UDIN appropriately mentioned, for your records and necessary consideration. We request you to kindly take the above clarification and the attached documents on record and consider the deficiencies as duly addressed. Thanking you. For Shankara Building Products Limited Ramesh S Company Secretary & Compliance Officer Registered Office: Corporate Office: G2, Farah Winsford, 133 Infantry Road, No.21/1 & 35-A-1, Hosur Main Road Bengaluru-560001, Karnataka Electronic City, Veerasandra, Bengaluru-560100 Ph:-91-080-40117777 Ph:-91-080-27836955 Email:-info@shankarabuildpro.com CIN: L24311KA1995PLC018990 Website: www.shankarabuildingproductsltd.com Shankara Building Products Limited CIN: L24311KA1995PLC018990 Registered Office: G-2, FARAH WINSFORD, 133, INFANTRY ROAD, BENGALURU • 560 001 Website:www.shankarabuildpro.com, Email:compliance@shankarabuildpro.com Ph: 080 4011 7777, Fax-080 4111 9317 Statement of Consolidated Unaudited financial results for the quarter ended 30th June 2026 ( Rs. In Crores) For the year For the quarter ended ended 30.06.2026 31.03.2026 30.06.2025 31.03.2026 Particulars Restated Unaudited Unaudited (Refer Note no Audited 1 Revenue From Operations 350.35 340.50 323.20 1,364.01 2 Other Income 3.13 3.40 0.36 6.74 3 Total Income (1 +2) 353.48 343.90 323.56 1,370.75 4 Expenses a) Cost of materials consumed 321.03 295.07 307.94 1,162.87 b) Purchases of Stock-in-Trade 10.72 18.21 128.55 c) Changes in inventories of finished goods and Stock-in-Trade 2.40 2.03 (0.55) 2.58 d) Employee benefits expense 2.37 2.54 1.91 9.49 e) Finance costs 4.99 3.89 3.03 13.81 f) Depreciation and amortization expense 2.28 2.03 2.04 8.22 g) Other expenses 7.72 9.47 8.01 37.04 Total expenses (4) 351.51 333.24 322. 38 1,362.56 5 Profit before exceptional items and tax (3-4) 1.97 10.66 1.18 8.19 6 Exceptional items (0.37) 7 Profit/(loss) before tax (5+6) 1.97 10.66 1.18 7.82 8 Tax expense: (a) Current tax 0.35 2.77 0.94 4.42 (b) Tax -earlier years (c) Deferred tax 0.08 0.54 (0.18) (0.44) Total Tax Expenses 0.43 3.31 0.76 3.98 9 Profit/(loss) for the period (7-8) 1.54 7.35 0.42 3.84 10 Other Comprehensive lncome/(Loss) (i) Items that will not be reclassified to profit or loss from A 0.02 0.05 (0.00) 0.11 operations -Re-measurements of the defined benefit plans (ii) Income tax relating to items that will not be reclassified to (0.01) (0.02) 0.00 (0.03) profit or loss Total A 0.01 0.03 (0.00) 0.08 (i) Items that will be reclassified to profit or loss from operations B Exchange differences in translating the financial statements of a 0.00 foreign operation (ii) Income tax relating to items that will be reclassified to profit Tor o tlo as l s B . . 0.00 . Total Other Comprehensive lncome/(Loss) (A+B) 0.01 0.03 (0.00) 0.08 11 Total Comprehensive lncome/(loss) (9+10) 1.55 7.38 0.42 3.92 12 Total Profit/(loss) for the period attributable to: -Owners of the parent 1.54 7.35 0.42 3.84 -Non-controlling interest 1.54 7.35 0.42 3.84 Other comprehensive income/(loss) for the period attributable -Owners of the parent 0.01 0.03 (0.00) 0.08 -Non-controlling interest 0.01 0.03 (0.00) 0.08 Total comprehensive income(loss) for the period attributable -Owners of the parent 1.55 7.38 0.42 3.92 -Non-controlling interest 1.55 7.38 0.42 3.92 15 Paid-up Equity share capital 24.25 24.25 24.25 24.25 Face Value per share (in Rs.) 10.00 10.00 10.00 10.00 Reserve excluding revaluation reserve -Other equity 423.06 Earnings per share (Face Value of Rs. 10/-each) ( Not annualised/Annualised for the year ended 31-03-2026) Basic (in Rs.) 0.64 3.03 0.17 1.58 Diluted (in Rs.) /2·nQ;,(,-li ;--.......... 3.03 0.17 1.58 See accompanying notes to the Financial Results 6 ['\Y~ \ By order of the Board I ~ 4RSRINIVA~ <1l I Place : Bengaluru ::,t! I C ) ' Date : 5th August, 2026 \ I', ,.:~·/ Mana;:Z Shankara Building Products Limited CIN: L24311 KA 199 SPLCO 18990 Registered Office: G-2, FARAH WINSFORD, 133, INFANTRY ROAD, BENGALURU • 560 001 Website:www.shankarabuildpro.com, Email:compliance@shankarabuildpro.com Ph: 080 4011 7777, Fax-080 4111 9317 Statement of Unaudited Standalone financial results for the quarter ended 30th June 2026 ( Rs. In Crores) For the year For the quarter ended ended 30.06.2026 31.03.2026 30.06.2025 31.03.2026 Particulars Restated Unaudited Unaudited (Refer Note Audited no 5) 1 Revenue from operations 10.72 18.21 128.55 2 Other Income 3.08 2.89 0.25 6.47 3 Total Income (1 +2) 13,80 21.10 0.25 135.02 4 Expenses a) Purchases of stock-in-trade 10.72 18.21 128.55 b) Changes in inventories of finished goods and Stock-in -Trade c) Employee Benefits Expense 0.36 0.31 0.16 1.17 d) Finance Costs 0.01 0.00 0.01 e Depreciation and amortisation expense 0.55 0.51 0.50 2.01 f) Other Expenses 1.25 1.28 1.62 9.70 Total Expenses (4) 12.89 20.31 2.28 141.44 5 Profit / (Loss) before exceptional items and tax [3-4) 0.91 0.79 (2.03) (6.42) 6 Exceptional items (0.17) 7 Profit/(loss) before tax [5+6] 0.91 0.79 (2.03) (6.59) 8 Tax Expense: a) Current tax b) Tax for earlier years . c) Deferred tax 0.29 0.74 (0.05) 0.16 Total Tax Expense 0.29 0.74 (0.05) 0.16 9 Profit/(loss) for the period [7-8] 0.62 0.05 (1.98) (6.75) 10 Other Comprehensive lncome/(Loss) (i) Items that will not be reclassified to profit or loss -Re· 0.02 0.01 0.01 measurements of the defined benefit plans (ii) Income tax relating to items that will not be reclassified to (0.01) (0.00) (0.00) profit or loss Total A 0.01 0.01 . 0.01 B (i) Items that will be reclassified to profit or loss . (ii) Income tax relating to items that will be reclassified to profit or loss Total B Total Other Comprehensive lncome/(Loss) (A+B) 0.01 0.01 . 0.01 11 Total Comprehensive lncome/(loss) (9+10) 0.63 0.06 (1.98) (6.74) 12 Paid-up equity share capital (Face Value of Rs.10/-each) 24.25 24.25 24.25 24.25 13 Reserve excluding revaluation reserve [Showing first 8,000 characters — download PDF for full document]