Outcome of Board Meeting

Date: July 27, 2026 To, To, BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block-G, BKC, Dalal Street, Mumbai – 400001 Bandra (East), Mumbai – 400051 Scrip Code: 544256 Symbol: PNGJL Subject: Outcome of Board Meeting held on July 27, 2026 Dear Sir/ Madam, This is to inform you that pursuant to Regulation 30 and Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015, the Board of Directors of the Company at their Meeting held on Monday, July 27, 2026 has: 1. Considered and Approved the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30, 2026. A copy of the Unaudited Financial Results for the quarter ended June 30, 2026 and Limited Review Report issued by Statutory Auditors of the Company are enclosed herewith. The meeting of the Board of Directors of the Company commenced at 12:18 P.M. and concluded at 02:30 P.M. You are requested to take the above information on your records. Thanking You, For P N Gadgil Jewellers Limited Prakhar Gupta Company Secretary & Compliance Officer P N Gadgil Jewellers Limited Registered Office.: PNG House, 694, Narayan Peth, Kunte Chowk, Laxmi Road,Pune, - 411030. Maharashtra, India. Tel. No. +91 20 24435005 I Fax: +91 20 244305011 Toll Free no.: 1800 233 5005 (1 1 A.M. - 7 P.M.) I www.pngjewellers.com I info@pngadgil.com I CIN: L36912PN2013PLC149288 I INDIA I USA P N Gadgil Jewellers Limited Registered office PNG House, 694, Kunte Chowk, Lax mi Road, Narayan Peth, Pune -411030 CIN: L36912PN2013PLC149288 Statement of Unaudited Standalone Financial Results for the quarter ended .lune 30, 2026 (( in Million) For the quarter ended For the year ended Partirulars June 30, 2026 Marrh 31, 2026 June 30, 2025 March 31, 2026 (Unaudited) /Audited) /Unaudited) (Audited) lurome Revenue from operations 23,805.71 35,306.20 17.024 17 1,06.407.38 Other income 100.17 312.49 128.39 879.72 Total income : 23.905.88 35 618.69 17 152.56 1 07 287.10 Expenses Cost of materials consumed 20,689.35 31,944.80 14.824 58 93,675.83 Employee benefit expense 489.23 396.79 321.94 1,477.89 Finance costs 338.67 ?71.49 185.38 897.64 Depreciation and amortisation expense 171.64 163.23 I06.lJlJ 550.94 Other expenses 836.26 1,656.53 799.51 5 224.18 Total expenses : 22 525.15 34 432.84 16 238.40 1 01 826.48 Profit/(Loss) before exceptional items and tax from routiuuing operations 1,380.73 1,185.85 914.16 5,460.62 Exceptional items - - - 33.92 Profit/(Loss) before tax 1,380.73 1,185.85 914.16 5,426.70 Tax Expense (a) Current tax 356.14 322.26 240.58 1,447.99 ( b) Deferred tax (3.97) (5 86) ('155) (31.66) Total tax expenses : 352.17 316.40 233.03 1,416.33 Profit/ (Loss) for the year/period, net of tax from continuing operations 1 028.56 869.45 681.13 4 010.37 Other comprehensive income Items that will not be reclassified to profit or loss (a) Remeasurement of defined benefit obligation (1.40) 0.09 (1.40) (3.25) (b) Gain on measurement ofG-Sec at fair value 1.99 (2 17) 0.09 (3.75) (ii) lnrome tax relating to these items (a) Tax relating to remeasurement of the defined benefit plans 0.35 (0 02) 0.35 0.82 (b) Tax relating to measurement of equity instruments at fair Value (050) 0.55 (002) 0.94 Other Comprehensive Income for the year/period 0.44 11.55' C0.98 (5.24) Total comprehensive income for the year/1ieriod, net of tax 1,029.00 867.90 680.15 4,005.13 Paid up Equity (Face Value of Rs. IO each) 1,357.08 1,357.08 1.357 08 1,357.08 Other Equity 18,359.98 Earnings per equity share for profit attributable to owners Basic (in Rs.) (not annualised for the quarter ended) 7.58 6.41 5.02 29.55 Diluted (in Rs.) (not annualised for the quarter ended) 7.58 6.41 5.02 29.55 P N Gadgil Jewellers Limited Selected explanatory notes to the Statement of Unaudited Standalone Financial Results for the quarter ended June 30, 2026 I. The above i.111audited standalone financial results for the quarter ended 30th June 2026 were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on July 27, 2026. 2. The standalone financial results of P N Gadgil Jewellers Limited (the "Company") have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard, prescribed under Section 133 of the Companies Act, 2013 ("the Act") read with relevant rules issued thereunder and other accounting principles generally accepted in India and in terms of Regulation 33 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. 3. The Chief Operating Decision Maker ("CODM") of the Company examines the performance from the perspective of the Company as a whole viz. Jewellery business' and hence there are no separate reportable segments as per Ind AS I 08 "Operating Segments". 4. The figures for the quarter ended 31st March 2026 are balancing figures between audited figures in respect of financial year ended 31st March 2026 and published year to date figures for nine months ended 3 I st December 2025, which were subjected to limited review by the statutory auditor. 5. The provision for employee benefits expenses for the quarter ended on June 30, 2026 have been provided on the basis of management's estimates, instead of actuarial valuation as required by the IND AS 19- Employee Benefits. However, in the opinion of the management, the impact thereof will not be material. 6. The comparatives for the prior quarters or year have been regrouped / reclassified wherever necessary to conform with the current quarter/ year classification. The impact of such regrouping/ reclassifications are not material to these standalone financial results. 7. The results for the quarter ended 30th June 2026, are available on the BSE Limited website (URL: www.bseindia.com/corporates), the National Stock Exchange of India Limited website (URL: www.nseindia.com/corporates) and on the Company's website. For and on behalf oft.he Board of Directors Place: Pune Date: July 27, 2026 GDA & Associates Chartered Accountants Independent Auditor's Review Report on Unaudited Standalone Financial Results of P N Gadgil Jewellers Limited for Quarter ended June 30, 2026, pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended To The Board of Directors, P N Gadgil Jewellers Limited I. We have reviewed the accompanying Statement of unaudited standalone financial results of P N Gadgil Jewellers Limited ("the Company") for the quarter ended June 30, 2026 ("the Statement"), being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 20 15, as amended ('the Listing Regulations'). 2. This Statement, which is the responsibility of the Company's Management and 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" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the Listing 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 ((CAI). This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists o [Showing first 8,000 characters — download PDF for full document]