Outcome of Board Meeting

Date: 29th October, 2026 Ref.: PIL/ANB/L-064/2026-27 Company Code: PRAJIND Security Code No.: 522205 National Stock Exchange of India Ltd. BSE Ltd. Exchange Plaza, 5th Floor, Plot No. C/1, Phiroze Jeejeebhoy Towers, 25th Floor, G Block, Bandra-Kurla Complex, Dalal Street, Mumbai - 400 001 Bandra (East), Mumbai - 400 051 Sub.: Submission of Un-audited Financial Results (Standalone and Consolidated) of the Company for the second quarter and half year ended 30th September, 2026. Dear Sir / Madam, The Board of Directors (“the Board”) at its meeting held on 29th October, 2026, which commenced at 11:00 a.m. and concluded at 3:45 p.m. has approved the Un-audited Financial Results (Standalone and Consolidated) of the Company for the second quarter and half year ended 30th September, 2026, as reviewed and recommended by the Audit Committee. The Un-audited Financial Results (Standalone and Consolidated) of the Company for the second quarter and half year ended 30th September, 2026, prepared in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, together with the Limited Review Report issued by M S K A & Associates LLP, Statutory Auditors of the Company are enclosed herewith. These Results are also being uploaded on the Company’s website at https://www.praj.net/investors-type/quarterly-results/. You are requested to kindly take the above information on your record. Thanking you, Yours faithfully, FOR PRAJ INDUSTRIES LIMITED ANANT BAVARE COMPANY SECRETARY & COMPLIANCE OFFICER (M. NO. 21405) Encl.: As above Praj Industries Limited Regd. Office: ‘Praj Tower’, 274 & 275/2, Bhumkar Chowk, Hinjewadi Road, Hinjewadi, Pune 411057. Ph.: +91-20-71802000 / 22941000 f: +91-20-22941299 e: info@praj.net w: www.praj.net CIN: L27101PN1985PLC038031 MSKA & Associates LLP Floor 6, Building No. 1 Cerebrum IT Park, Kalyani Nagar (Formerly known as M S K A & Associates) Pune 411014, INDIA Chartered Accountants Independent Auditor's Review Report on Standalone unaudited financial results of Praj Industries Limfted for the quarter and year to date September 30, 2026 pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. To The Board of Directors of Praj Industries Limited 1. We have reviewed the accompanying statement of standalone unaudited financial results of Praj Industries Limited (hereinafter referred to as 'the Company'), for the quarter ended September 30, 2026 and the year to-date results for the period from April 1, 2026 to September 30, 2026 ('the Statement') attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('the Regulations'). 2. This Statement, which is the responsibility of the Company's Management and has been approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 'Interim Financial Reporting', prescribed under Section 133 of the Companies Act, 2013 ('the Act') read with relevant rules issued thereunder ('Ind AS 34') and other recognised accounting principles generally accepted in India and is in compliance with the Regulations. Our responsibility is to express a conclusion on the Statement based on our 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. 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 specified under section 143(10) of the Act 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. (This space is intentionally left blank) Registered Office: 602, Raheja Titanium, Western Express Highway, Goregaon (East), Mumbai-400063, Maharashtra, India Tel: +91 22 6974 0200 I LLPIN: ACT-3789 Ahmedabad I Bengaluru I Chandigarh I Chennai I Coimbatore I Goa I Gurugram I Hyderabad I Kochi I Kolkata I Mumbai www.mska.in MSKA Et Associates LLP (Formerly known as M S K A &. Associates) Chartered Accountants 4. Based on our review conducted as stated In paragraph 3 above, nothing has come to our attention that causC?s us to believe that the accompanying Statement prepared In accordance with the recognition and measurement principles laid down In Ind AS 34 and other recognised accounting principles generally accepted In India has not disclosed the Information required to be disclosed In terms of the Regulations, Including the manner In which It Is to be disclosed, or that ft contains any material misstatement. For MS KA Assoctates LLP (Formerly known as MS KA Associates) Chartered_ A~tants ICAI Finn~ /Cration No. 105047W/ W101187 c-;<i Shraddha D Khfvasara lJ ~tt- (('O' Partner "' Membership No.: 134285 UDIN: l~13L\1~S"TFFORN1~0I ~* -kl Place: Pune Date: October 29, 2026 Reilstered Office: 602, Raheja Titanium, Western Express Hlihway, Goregaon (East), Mumbal-400061, Mahar4'htra, India Tel: •91 22 697"4 0200 I UPIN; ACT-3789 Ahmedab.ld I ~galuru I Chandigarh I Chennal I Coimbatore I Goa I Gu~ram I Hyderabad I Kocttt I l<olkata I Mumbai I Pune www,mska.ln PRAJ INDUSTRIES LIMITED CIN • L27101PN198SPLC038031 ~ pra1 Regd. Off. "PRAJ TOWER", S.NO. 274 & 27S/2, BHUMKAR CHOWK • HINJEWADI ROAD, HINJEWADI, PUNE • 411 OS7 STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30 SEPTEMBER 2026 (Rupees in million except per share data} Particulars Quarter ended Half Year ended Year ended 30 September 30 June 30 September 30 September 30 September 31 March 2026 2026 202S 2026 2025 2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) 1 INCOME Revenue from operations 6,518.694 S,392.480 6,858.601 11,911.174 11,961.772 2S,859.347 Other income (Note 3) 222.826 292.153 107.500 514.980 239.366 719.898 Total Income 6,741.520 5,684.633 6,966.101 12,426.1S4 12,201.138 26,579.245 2 EXPENSES Cost of materials consumed 3,589.877 2,809.939 2,778.797 6,399.816 4,915.417 12,316.688 Purchases of stock-in-trade 436.098 372.394 327.062 808.493 616.174 l,392.647 Changes in inventories of finlshed goods and work-Jn-progress (3.820) (66.104) (17.771) (69.924) lS.718 20.9Sl Employee benefits expense 687.969 640.808 676.757 1,328.776 l,31S.702 2,689.233 Finance costs 7.189 7.938 14.839 lS.127 28.958 61.759 Depreciation and amortisation expense 114.444 121.035 136.661 235.479 267.867 544.465 Other exoenses 1,282.860 1,431.717 2.490.749 2,714.S77 4,21S.97S 7,693.355 Total e1<penses 6,114.617 S,317.727 6,407.094 11,432.344 ll,37S.811 24,719.098 3 Profit before exceptional items and tax {l-2) 626.903 366.906 SS9.007 993.810 82S.327 1,860.147 4 Exceptional items (Note 4) (238.308) s Profit before tax (3•4) 626.903 366.906 SS9.007 993.810 82S.327 1,621.839 6 Tax expense Current tax 118.107 120.81S 150.129 238.922 218.547 481.046 Deferred tax 54.457 (27.311) (7.7S2) 27.146 (9.4S6) (64.0S7) Adjustments of tax relating to earlier periods 18.958 18.958 Total tax expense 172.564 112.462 142.377 285.026 209.091 416.989 7 Profit for the period (S·6) 4S4.339 2S4.444 416.630 708.784 616.236 1,204.850 8 Other comprehensive Income Items that will not be reclassified to profit and loss: Re-measurement of defined benefit plans (24.60S) (3.326) 11.834 (27.931) 20.714 48.920 Income tax effect 6.193 0.837 (2.978) 7.030 (S.213) (12.312) Items that will be reclassified to profi [Showing first 8,000 characters — download PDF for full document]