Reply to Clarification- Financial results

June 22, 2026 Listing Compliance, National Stock Exchange of India Ltd. 09th Floor, Inspire BKC, Bandra Kurla Complex, Bandra East, Mumbai – 400051. Dear Sir/Madam, Sub: Clarification for Financial results – OILCOUNTUB. Reference: Email received from NSE dated 17th June, 2026. With reference to your deficiency notice regarding the Financial Results submitted to the Exchange on 21 May 2026, we wish to clarify the following: The balancing figure note prescribed under the applicable SEBI format was inadvertently missed in the original submission. Upon noticing such non-inclusion of the point in the notes after your email dated 17th June, 2026, the Company is hereby submitting the Revised Financial Results on the Exchange portal, incorporating the missing note No. 9 as below: 9. "The figures of the last quarter are the balancing figures between the audited figures in respect of the full financial year and the unaudited year-to-date figures up to the third quarter of the financial year." We request you to kindly take the above clarification on record. The Company remains committed to ensuring compliance with all applicable regulatory requirements and shall exercise due care in future filings. Thank you for bringing this to our attention. For Oil Country Tubular Limited. Suryawanshi Vaibhav Suryakant Company Secretary & Compliance Officer ACS: 72171 C K S Associates LLP Chartered Accountants (Formerly known as C K S Associates) INDEPENDENT AUDITOR’S REPORT ON AUDIT OF QUARTERLY AND ANNUAL FINANCIAL RESULTS TO THE BOARD OF DIRECTORS OF OIL COUNTRY TUBULAR LIMITED Report on the audit of the Financial Results Opinion We have audited the accompanying quarterly financial results of Oil Country Tubular Limited (the company) for the quarter ended March 31, 2026 and the year to date results for the period from April 01, 2025 to March 31, 2026, attached herewith, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations™). In our opinion and to the best of our information and according to the explanations given to us these financial results: i. are presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; and ii. give a true and fair view in conformity with the recognition and measurement principleslaid down in the applicable accounting standards and other accounting principles generally accepted in India of the net loss and other comprehensive loss andother financial information for the quarter ended March 31, 2026 as well as the year to date results for the period from April 01, 2025 to March 31, 2026. Basis for Opinion ‘We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Companies Act, 2013 (the Act). Our responsibilitics under those Standards are further described in the Auditor’s Responsibilities for the Audit of the Financial Results section of our report. We are independent of the Company in accordance withthe Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial results under the provisions of the Companies Act, 2013 and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Management’s Responsibilities for the Financial Results These quarterly financial results as well as the year to date financial results have been prepared on the basis of the annual financial statements. The Company’s Board of Directors are responsible for the preparation of these financial results that give a true and fair view of the net loss and other comprehensive loss and other financial information in accordanwicteh the recognition and measurement principles laid down in Indian Accounting Standards prescribed under Section 133 of the Act read with relevant rules issued there under and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. This 87, Ist Floor, 1-2-593/4/A, Road No. 3, Domalguda, Gagan Mahal, Himayathnagar, Hyderabad - 500029. Telangana, India. Tel : (O) +91 -40- 2762 1107/ 2762 11/ 0957831 74440 e-mail: admin@cksassociates.org C K S Associates LLP Chartered Accountants Continuation Sheet (Formerly kigspanaibdity alsesindidesymaintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error. In preparing the financial results, the Board of Directors are responsible for assessing the Company’s ability to continue as a going concern, disclosing, as applicable, matters relatedto going concern and using the going concern basis of accounting unless the Board ofD irectors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so. The Board of Directors are also responsible for overseeing the Company’s financial reporting process. Auditor’s Responsibilities for the Audit of the Financial Results for the quarter and year ended March 31, 2026 Our objectives are to obtain reasonable assurance about whether the financial results as awhole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error andare considered material if, individually or in the aggregate, they could reasonably be expectedto influence the economic decisions of users taken on the basis of these financial results. As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also: o Identify and assess the risks of material misstatement of the financial results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher thanfor one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. * Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressingan opinion on the effectiveness of the company’s internal control. « Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors. « Conclude on the appropriateness of the Board of Directors’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company’s abilityto continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our audi [Showing first 8,000 characters — download PDF for full document]