Unaudited Financial results for the quarter and half year ended September 30, 2026.

group company October 21, 2026 To. To. National Stock Exchange of India Limited BSE Limited Exchange Plaza'. C-1. Block G, Phiroze Jeejeebhoy Towers. Bandra Kurla Complex, Sandra (E), Mumbai - 400 051 Dalal Street, Fort, Mumbai - 400 001 Company Symbol: \\A\REEII\DO Script Code: 533257 ISIN: 1.'iES66K01023 Subject: Outcome of the Board :vleeting held on October 21, 2026 Dear Sir/Madam, The Board of Directors at its meeting held on Wednesday, October 21, 2026, inter alia transacted and approved the following business: I. Standalone unaudited financial results for quarter and half year ended on September 30, 2026, along with the limited review report thereupon arc enclosed herewith as Annexure I and Annexure II respectively. A copy of the financial results would also be published in the newspaper in Compliance with Regulation 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015. The meeting commenced at IST 16:30 and concl udcd at IST 17: 30. The above information will also be available on the website of the Company at https: indosolar.co.in. We request you to please take the afore-mentioned information on record and oblige. For, lndosolar Limited Akalpita Harnish Patel Company Secretary and Compliance Officer Membership No-ACS40528 Email Id: akalpitapatd(a'waarce.com ndo la Registered Office: Unit No. 301, 3rd floor of the commercial complex namely "Building 02, southern Park", Saket, New Delhi- 110017. Tel: +91-120-4762500 Factory: 3C/1eco Tech -11, Udyog Vihar, Greater Neida - 201306, Uttar Pradesh, India I IN: Ll8101DL2005PLC134879 lndosolar Limited CIN: L18101DL2005PLC134879 Regd Office: Unit no. 301, 3rd floor. Building 02, Southern Park, Sake!, New Delhi-110017, India. E-mail:secretarial@waaree.comIWebsite:www.indosolar.co in I Telephone No: 022-6939 5500 Statement of Unaudited Financial Results for Three and Six month ended September 30, 2026 , in Lakhs Three Month Ended Six Month Ended Year ended Sr. September June September September September March No Particulars 30,2026 30,2026 30,2025 30,2026 30,2025 31,2026 Unaudited Unaudited Unaudited Unaudited Unaudited Audited 1 Income Revenue from operations Sale of Goods 15,277.09 1,397.42 17,118.31 16,674.51 34,591.14 47,868.40 Sale of Services 281.54 5,438.72 3, 136.48 5,720.26 5,131.22 20,116.45 Other Income 158.05 838.70 1.11 996.75 133.17 151.69 Total income 15,716.68 7,674.84 20,255.90 23,391.52 39,855.53 68,136.54 2 Expenses Cost of materials consumed 23,212.20 2,178.71 11.274.75 25,390.91 23,426.07 35,415.82 Changes in Inventories (10,591.83) (1,471.87) 511.61 (12,063.70) 231.70 561.78 Manufacturing expenses 695.28 836.78 796.71 1,532.06 1,506.77 3,007.65 Employee benefits expense 197.09 174.51 129.99 371.60 253.65 578.88 Finance costs 5.88 7.68 38.47 13.56 100.90 126.94 Depreciation and amortisation expense 962.93 930.30 921.70 1,893.23 1,832.13 3,670.79 Other expenses 564.11 271.71 468.99 835.82 874.88 1,346.22 Total Expenses 15,045.66 2,927.82 14,142.22 17,973.48 28,226.10 44,708.08 3 Profit before tax (1·2) 671.02 4,747.02 6,113.68 5,418.04 11,629.43 23,428.46 Exceptional ijem - - . . - - 4 Profit from ordinary activities before tax 671.02 4,747.02 6,113.68 5,418.04 11,629.43 23,428.46 5 Tax Expense: Deferred Tax 169.17 1,085.09 1,479.92 1,254.26 (4,683.59) (1,231.45) Tax of earlier years . - - . . . 6 Profit after tax (4·5) 501.85 3,661.93 4,633.76 4,163.78 16,313.02 24,659.91 7 Other Comprehensive Income Items that 'Nill not be reclassified into Profit or loss (3.67) . - (3.67) . (0.62) Items that will be reclassified into Profit or loss . - . . - . 8 Total Comprehensive income for the period (6+7 ) 498.18 3,661.93 4,633.76 4,160.11 16,313.02 24,659.29 9 Paid-up equity share capital 4,160.37 4,160.37 4,160.37 4,160.37 4, 160.37 4,160.37 (Face Value of, 10 each) 10 Reserves (excluding Revaluation Reserve) . . - - - 24,540.41 11 Earnings per share (of, 10 /· each) (not annualised for quarters) (a) Basic (in�) 1.20 8.80 11.14 10.00 39.21 59.27 (b) Diluted(in t) 1.20 8.80 11.14 10.00 39.21 59.27 lndosolar Limited CIN:L18101DL2005PLC134879 Regd Office: Unit no. 301, 3rd floor, Building 02, Southern Park, Saket. New Delhi-110017, India. E-mail : secretarial@waaree.com I Website:www.indosolar.co.in I Telephone No: 022-6939 5500 Statement of Assets & Liabilities as at September 30, 2026 fin lakhs As at September 30, 2026 As at March 31, 2028 Particulars (Unaucflted) (Audited) ASSETS Non current assets Property, plant and equipment 6,063.54 7,572.95 Capital work in progress 120.56 Right to use assets 1,514.23 1,528.88 Intangible asset 0.47 0.51 Financial assets (i) Security Deposit 135.60 108.10 (ii) Other financial assets 50.01 55.29 Deferred tax assets (net) (22.81} 1,231.45 Income tax assets (Net} 152.90 102.45 Total Non current assets 8,014.50 10,599.63 Current assets Inventories 22,197.26 2, 108.26 Financial assets (i) Trade receivables 1,625.60 20,961.51 (ii) Cash and cash equivalents 8,115.51 109.41 (iii} Bank balances other than cash & cash equivalents 426.31 466.86 (iv) Other financial assets 493.59 16.90 Other current assets 7,423.01 177.73 Total Current assets 40,281.28 23,840.67 TOTAL ASSETS 48,295.78 34,440.30 EQUITY AND LIABILITIES Equity Equity Share Capital 4,160.37 4,160.37 Other Equity 28,700.52 24,540.41 Total Equity 32,860.89 28,700.78 Liabilities Non-current liabilities Financial LialJ��ies (i) Lease Liabilities 308.76 297.39 Provision 74.05 60.85 Other Non Current liabilities 2,110.04 1,823.73 Total Non - current liabilities 2,492.85 2,181.97 Current liabilities Financial Liabilities (i) Lease liabilities 9.81 9.81 (ii} Trade payables - Due to micro and small enterprises 393.58 109.21 - Due to Others 2.709.06 1,892.19 (iii) Other financial liabilities 483.65 470.79 Provision 352.20 281.04 Other current liabilities 8,993.74 794.51 Total Current liabilities 12,942.04 3,557.55 TOTAL EQUITY AND LIABILITIES 48,295.78 34,440.30 lndosolar Limited CIN:L18101DL2005PLC134879 Regd Office: Unit no. 301, 3rd floor, Building 02, Southern Par1<, Saket, New Delhi-110017, India. E-mail•secretarial@waaree.comJWebsite:www.indosolar.co.in I Telephone No: 022-6939 5500 Cash Flow Statement for the perlod ended September 30, 2026 , In Lakhs Period ended Period ended September 30, 2026 September 30, 2025 Particulars (Unaudited) (Unaudited) A. Cash flow from operating activities 5,418.04 11,629.43 Profit before tax Adjustments for: Depreciation and Amortisation Expense 1,893.2� 1,832.13 (73.20 Profit on sale of assets (669.16 Government grant - subsidy 13.56 100.90 Interest expense (induding interest expense on lease liabilities) 77.36 158.54 Provision for warranty (251.03) (21.00) Interest income 6,408.80 13,700.00 Operating profit before worklng capital changes Movements in Working Capital : (lncrease)/decrease in Other financial assets (459.24 (11.91 (7,245.28 (874.48) {lncrease)/decrease in Other current assets (27.51 (52.36) (lncrease)/decrease in Other Non Current financial assets (20,089.00 (1,723.68) (lncrease)/decrease in Inventories (lncrease)/decrease in Trade receivables 15,841.7� (4,418.02) lncrease/(decrease) in Trade payables 4,826.4� (1,081.04 48.8C (3.17 lncrease/(decrease) in Other financial liabilities 6.9'1 6.76 lncrease/(decrease) in Provisions 8,699.H 1,613.76 lncrease/(decrease) in Other liabilities 8,010.82 7,155.86 Cash used from operations (54.12 (28.35) Direct taxes paid (net of refunds) 7,956.70 7,127.51 Net cash generated from operating activities B. Cash flow from Investing activities Acquisition of Property, plant and equipment and intangible assets (induding (487.19) (1, 123.18) capital work in progress, payable for capital goods and capital advances) Proceeds from sale of property, plant and equipment 73.20 455.54 Government grant subsidy received 7.85 18.20 Interest received 49.40 (1,104.98 Net cash generated/ (used) in lnvestlng activities C. Cash flow from financing activities (4,705.21) Repayme [Showing first 8,000 characters — download PDF for full document]