Standalone and Consolidated Un-audited Financial Results for the quarter and half-year ended September 30, 2026

Seshasayee Paper and Boards Limited Regd Office & Works : Pallipalayam, Namakkal District, Erode - 638 007, Tamilnadu, India. Ph : 91 - 4288 - 240221 to 240228, Fax : 91-4288-240229 email : edoff@spblitd.com Web : www.spbitd.com CIN : L21012TZ1960PLC000364 Ref: SH/ $-6/ 981 2026.10.24 National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5" Floor Floor 25 Plot No C/1, G Block P J Towers Bandra - Kurla Complex, Bandra (E) Dalal Street Mumbai 400 051 Mumbai 400 001 Stock Code : SESHAPAPER ' Stock Code : 502450 Dear Sir, Sub: Outcome of Board Meeting - Un-audited Standalone & Consolidated Financial Results for the quarter and half-year ended September 30, 2026. Pursuant to Regulations 30, 33 read with Part-A of Schedule-lll of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we send herewith the following: (i) Un-audited Standalone & Consolidated Financial Results for the quarter and half-year ended September 30, 2026 which was approved by the Board of Directors at their meeting held on Saturday, the October 24, 2026 and signed by the Chairman. (i) Limited Review Report of the Auditors. (iii) Extract of the format of results to be published. The Board Meeting commenced at 11:00 AM and ended at 2.10 PM. Please take the above on record and confirm. Thanking you, Yours faithfully For Seshasayee Paper and Boards Limited S SRINIVAS Director (Finance) & Secretary DIN: 09713128 Encl: %fl‘ 1009 SESHASAYEE PAPER AND BOARDS LIMITED CIN: L21012TZ1960PLC000364 Regd. Office: Pallipalayam, Namakkal District Cauvery RS PO, Erode 638 007 Ph: 04288 240221 - 228, Fax: 04288 240229 Email: secretarial@spbltd.com Web: www.spbltd.com STATEMENT OF STANDALONE AND CONSOLIDATED UNAUDITED FINANCIAL RESULTS FOR THE QUARTER / HALF YEAR ENDED SEPTEMBER 30, 2026 (` crores) Standalone Consolidated Particulars 3 months ended 6 months ended Year ended 3 months ended 6 months ended Year ended 30 09 2026 30 06 2026 30 09 2025 30 09 2026 30 09 2025 31 03 2026 30 09 2026 30 06 2026 30 09 2025 30 09 2026 30 09 2025 31 03 2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) 1 Income a) Revenue from Operation 502.99 492.00 346.25 994.99 731.58 1710.17 503.06 492.08 346.32 995.14 731.72 1710.45 b) Other Income 11.86 13.25 13.33 25.11 27.69 49.48 11.89 11.89 13.34 23.78 26.90 48.75 Total Income 514.85 505.25 359.58 1020.10 759.27 1759.65 514.95 503.97 359.66 1018.92 758.62 1759.20 2 Expenses a) Cost of Materials consumed 315.89 315.72 268.24 631.61 554.34 1106.05 315.89 315.72 268.24 631.61 554.34 1106.05 b) Purchase of Stock-in-Trade 7.49 7.01 7.32 14.50 14.46 28.18 7.49 7.01 7.32 14.50 14.46 28.18 c) Changes in inventories of Finished Goods, Work-in-Progress -9.81 -5.78 -65.66 -15.59 -110.71 6.63 -9.81 -5.78 -65.66 -15.59 -110.71 6.63 and Stock-in-Trade d) Employee benefits expense 28.89 29.78 26.82 58.67 54.20 103.57 28.89 29.78 26.82 58.67 54.20 103.57 e) Finance Costs 0.34 0.41 4.43 0.75 5.50 8.76 0.34 0.41 4.43 0.75 5.50 8.76 f) Depreciation and amortization 11.62 11.60 11.13 23.22 22.66 44.98 11.62 11.61 11.14 23.23 22.68 45.01 expense g) Cost of Power and Fuel 59.18 50.91 49.17 110.09 103.10 204.27 59.18 50.91 49.17 110.09 103.10 204.27 h) Other expenses 54.49 50.50 34.05 104.99 68.58 165.59 54.53 50.53 34.13 105.06 68.72 165.83 Total expenses 468.09 460.15 335.50 928.24 712.13 1668.03 468.13 460.19 335.59 928.32 712.29 1668.30 3 Profit / (Loss) from Ordinary 46.76 45.10 24.08 91.86 47.14 91.62 46.82 43.78 24.07 90.60 46.33 90.90 Activities before Exceptional items 4 Share of Profit / (Loss) of Associate -- -- -- - -- -- 7.30 - 0.34 4.64 6.96 3.82 15.53 5 Exceptional Items -- -- -- -- -- -- -- -- -- -- -- -- 6 Profit /(Loss) from Ordinary Activity 46.76 45.10 24.08 91.86 47.14 91.62 54.12 43.44 28.71 97.56 50.15 106.43 Before Tax(3+4+5) (` crores) Standalone Consolidated Particulars 3 months ended 6 months ended Year ended 3 months ended 6 months ended Year ended 30 09 2026 30 06 2026 30 09 2025 30 09 2026 30 09 2025 31 03 2026 30 09 2026 30 06 2026 30 09 2025 30 09 2026 30 09 2025 31 03 2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) 7 Tax expenses Current Tax - For the Year 11.25 12.20 6.97 23.45 13.64 26.22 11.26 12.22 6.99 23.48 13.67 26.28 - For earlier Years -- -- -- -- -- - -- -- -- -- -- 0.00 Deferred Tax 0.55 -0.69 -0.69 -0.14 -1.36 -2.38 0.55 -0.69 -0.69 -0.14 -1.36 -2.38 Total Tax Expenses 11.8 11.51 6.28 23.31 12.28 23.84 11.81 11.53 6.30 23.34 12.31 23.9 8 Net Profit /(Loss) from Ordinary 34.96 33.59 17.80 68.55 34.86 67.78 42.31 31.91 22.41 74.22 37.84 82.53 Activities After Tax (6-7) 9 Other Comprehensive Income A (i) Items that will not be reclassified to Statement of Profit and Loss (a) Remeasurement of the -- -- -- -- -- -2.78 -- -- -- -- -- -2.78 defined benefit Plans (b) Net Fair Value Gain on investment in Equity -3.21 11.51 -49.10 8.30 6.24 -14.07 -3.21 11.51 -49.10 8.30 6.24 -14.07 Instruments through OCI (c) Share of OCI of Associate -- -- -- - -- -- 0.44 0.45 -3.85 0.89 0.23 0.24 (ii) Income Tax relating to items that will not be reclassified to 0.46 -1.61 7.00 -1.15 -0.85 2.71 0.46 -1.61 7.00 -1.15 -0.85 2.71 Statement of Profit and Loss B (i) Items that will be reclassified -- -- -- -- -- -- -- -- -- -- -- -- to Statement of Profit and Loss (ii) Income Tax relating to items that will be reclassified to -- -- -- -- -- -- -- -- -- -- -- -- Statement of Profit and Loss Total Other Comprehensive Income -2.75 9.90 -42.10 7.15 5.39 -14.14 -2.31 10.35 -45.95 8.04 5.62 -13.90 10 Total Comprehensive Income for the 32.21 43.49 -24.30 75.70 40.25 53.64 40.00 42.26 -23.54 82.26 43.46 68.63 period (8+9) (Comprising Profit and other Comprehensive income for the period) 11 Paid-up Equity Share Capital 12.04 12.04 12.04 12.04 12.04 12.04 12.04 12.04 12.04 12.04 12.04 12.04 (Face value ` 2) 12 Reserves, excluding Revaluation Reserves, as per the Audited 1938.45 2029.93 Balance Sheet 13 Earnings Per Share of ` 2 each (not annualised) (a) Basic (in `) 5.80 5.58 2.96 11.38 5.79 11.25 7.03 5.30 3.72 12.32 6.28 13.70 (b) Diluted (in `) 5.80 5.58 2.96 11.38 5.79 11.25 7.03 5.30 3.72 12.32 6.28 13.70 STATEMENT OF ASSETS AND LIABILITIES: (` crores) Standalone Consolidated Particulars As at As at As at As at As at As at 30 09 2026 31 03 2026 30 09 2025 30 09 2026 31 03 2026 30 09 2025 (Unaudited) (Audited) (Unaudited) (Unaudited) (Audited) (Unaudited) A ASSETS 1 Non-Current Assets (a) Property, Plant and Equipment 745.43 743.62 758.81 745.43 743.62 758.81 (b) Capital Work in Progress 120.13 92.91 73.17 120.13 92.91 73.17 (c) Other Intangible Assets 1.35 1.29 0.98 1.35 1.29 0.98 (d) Investment Property - - - 1.10 1.11 1.12 (e) Financial Assets (i) Investments 246.52 228.04 247.70 329.98 305.05 312.98 (ii) Other Financial Asset 172.44 506.14 28.68 172.51 506.21 28.74 (f) Goodwill on Consolidation - - - 11.78 11.78 11.78 (g) Other Non-Current Assets 131.99 125.36 122.61 131.99 125.36 122.61 Sub-total - Non Current Assets 1417.86 1697.36 1231.95 1514.27 1787.33 1310.19 2 Current Assets (a) Inventories 355.16 360.43 469.28 355.16 360.43 469.28 (b) Financial Assets (i) Trade Receivables 180.33 189.88 83.56 180.51 190.14 83.72 (ii) Cash and Cash Equivalents 53.17 7.81 49.52 53.27 7.83 49.62 (iii) Bank balances other than (ii) 410.75 136.78 493.47 412.26 138.24 494.89 above (iv) Others 1.05 0.82 0.26 1.05 0.82 0.26 (c) Current Tax Assets (Net) - 0.92 0.00 - 0.92 0.00 (d) Other Current Assets 13.11 16.12 79.20 13.11 16.12 79.20 Subtotal - Current Assets 1013.57 712.76 1175.29 1015.36 714.50 1176.97 TOTAL - ASSETS 2431.43 2410.12 2407.24 2529.63 2501.83 2487.16 (` crores) Standalone Consolidated Particulars As at As at As at As at As at As at 30 09 2026 31 03 2026 30 09 2025 30 09 2026 31 03 2026 30 09 2025 (Unaudited) (Audited) (Unaudited) (Unaudited) (Audited) [Showing first 8,000 characters — download PDF for full document]