Outcome of Board Meeting

Date: October 30, 2026 To, To The National Stock Exchange of India Ltd. Department of Corporate Services, Exchange Plaza, BSE Limited, Plot no. C/1, G Block, Phiroze Jeejeebhoy Towers Bandra-Kurla Complex Dalal Street, Fort, Bandra (E), Mumbai - 400 051. Mumbai - 400 001. Scrip Code No. VADILALIND-EQ Scrip Code: 519156 Dear Sir/ Madam, Subject: Outcome of the Board Meeting held on October 30, 2026. Pursuant to Regulation 30, 33 and other related Regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and with reference to the captioned subject, we hereby inform that, the board of directors of Vadilal Industries Limited (“the Company”) at its meeting held today, i.e. October 30, 2026 has approved the Unaudited Standalone and Consolidated Financial Results of the Company as per Indian Accounting Standards (IND AS) along with the Limited Review Report received from the Auditors thereon for the quarter and half year ended September 30, 2026, along with other Agenda items. We are enclosing herewith the Un-Audited Standalone and Consolidated Financial Results for your information and record which are also being made available on the website of the Company i.e. https://vadilalgroup.com . The Board Meeting commenced at 11:00 A.M. and concluded at 2.50 P.M. Please take the same in your record. Yours faithfully, For VADILAL INDUSTRIES LIMITED Rashmi Bhatt Company Secretary & Compliance Officer Encl: As above. Walker Chandiok&Co LLP Walker Chandiok & Co LLP Block No. D/15th Floor, Cabin No. A8 to A10 "WestGate"NearYMCAClub,S.G Highway, Sarkhej Road, Ahmedabad-380015 Gujarat, India IndependentAuditor's ReviewReporton Standalone Unaudited Quarterly Financial Results and Year to Date Results of the Company pursuant to the Regulation 33of the SEBI (Listing Obligationsand Disclosure Requirements) Regulations, 2015 (as amended) To the Board of Directors of Vadilal Industries Limited 1. We have reviewed the accor an in statementofstandalone unaudited financial results('the Statement' ofVadilal Industries Limited ('the Company' for the quarter ended 30 September 2026 and the year to date results for the period 01 April 2026 to 30 September 2026, being submitted by the Company pursuant to the requirements of Regulation 33of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) ('Listing Regulations'). 2. TheStatement,which isthe responsibilityoftheCompany's management and approved by the Compare 's Board of Directors, has been prepared in accordance with the reco nition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Re ortin 'Ind AS 34'), rescribed under section 133 ofthe Com antesAct, 2013 ('the Act'), 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. 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 the 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. Chartered Accountants Walker Chandiok & Co LLP is registered with limited liability with identification Offices in Ahmedabad, Bengaluru, Chandigarh, Chennai, Dehradun, Goa, Gurugram, Hyderabad, Indore, Kochi, Kolkata, Mumbai, number AAC-2085 and has its registered New Delhi, Noida and Pune office at L-41, Connaught Circus, Outer Circle, New Delhi, 110001, India Walker Chandiok&Co LLP IndependentAuditor's ReviewRe orton Standalone Unaudited Quarterly Financial Results and Year to Date Results of the Company pursuant to the Regulation 33of the SEBI (Listing Obligationsand Disclosure Requirements) Regulations, 2015 (as amended) (Cont'd) 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS 34, prescribed under section 133 of the Act, and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. For Walker Chandiok & Co LLP Chartered Accountants Firm Registration No: 001076N/N500013 MEHULKUMAR asHmA:~ SHARADKUMA SHARADKUMARJANANI Date:2026.10.3014:13:47 RJANANI +0S'30` Mehulkumar Sharadkumar Janani Partner Membership No.: 118617 UDIN: 26118617ZJFWHR9429 Place: Ahmedabad Date: 30 October 2026 Chartered Accountants VADILALINDUSTRIESLIMITED Inf*-( Regd.Office:VadilalHouse,ShrimaliSociety,Nr.NavrangpuraRailwayCrossing,Navrangpura,Ahmedabad-380009 Ph.:079-48081200Web:www.vadilalgroup.com,CIN:L91110611982PLC005169,Email:shareslogs@vadilalgroup.com STATEMENTOFSTANDALONEUNAUDITEDFINANCIALRESULTSFORTHEQUARTERANDHALFYEARENDEDSEPTEMBER30,2026 RinCroreexceptperequitysharedata) QuarterEnded HalfYearEnded YearEnded September30, September30, September30, September30, Sr.No. Particulars June30,2026 March31,2026 2026 2025 2026 2025 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) 1 Income a)Revenuefromoperations 361.88 584.27 247.57 946.15 673.01 1,109.54 b)Otherincome 8.52 5.67 7.05 14.19 10.76 24.62 Totalincome 370.40 589.94 254.62 960.34 683.77 1,134.16 2 Expenses a)Costofmaterialsconsumed 207.05 320.74 136.79 527.79 371.62 644.04 b)Purchaseofstockin-trade 2.03 1.97 5.04 4.00 9.57 18.16 c)Changesininventoriesoffinishedgoods,stockin 9.63 19.87 15.74 29.50 34.80 (5.49) tradeandwork-in-progress d)Employeebenefitsexpense 20.21 20.19 16.07 40.40 35.19 80.37 e)Financecosts 2.21 2.05 2.10 4.26 4.19 8.67 f)Depreciationandamortisationexpense 8.17 9.09 7.00 17.26 14.32 28.90 g)Otherexpenses 64.89 73.35 53.93 138.24 124.60 227.38 Totalexpenses 314.19 447.26 236.67 761.45 594.29 1,002.03 3 Profitbeforetax(1-2) 56.21 142.68 17.95 198.89 89.48 132.13 4 Taxexpense (a)Currenttax 14.35 36.25 4.65 50.60 22.78 34.47 (b)Deferredtax (0.14) 0.05 (0.14) 0.09 (0.35) Totaltaxexpense 14.35 36.11 4.70 50.46 22.87 34.12 5 Netprofitaftertaxfortheperiod/year(3-4) 41.86 106.57 13.25 148.43 66.61 98.01 6 Othercomprehensiveincome/(loss)(netoftax) A (i)Itemsthatwillnotbereclassifiedtostatementof (0.36) (0.72) 0.65 »refitorloss (ii)Incometaxrelatingtoitemsthatwillnotbe 0.09 0.18 (0.16) reclassifiedtoprofitorloss B (i)Itemsthatwillbereclassifiedtostatementofprofit 0.13 0.26 0.13 0.49 0.80 orloss (ii)Incometaxonitemsthatwillbereclassifiedto (0.02) (0.06) (0.02) (0.12) (0.20) profitorloss Totalothercomprehensiveincome/(loss)forthe 0.11 (0.07) 0.11 (0.17) 1.09 period/year(netoftax) 7 Totalcomprehensiveincomefortheperiod/year 41.86 106.68 13.18 148.54 66.44 99.10 (5+6) 8 Paidupequitysharecapital 7.19 7.19 7.19 7.19 7.19 7.19 (Facevalueofi10/ each) g Otherequityexcludingrevaluationsurplus 496.54 10 Earningspershare(of¥10/-each)(notannualized exceptyearend): Basic(*) 58.24 148.26 18.43 206.50 92.67 136.36 DilutedR) 58.24 148.26 18.43 206.50 92.67 136.36 moloch VADILALINDUSTRIESLIMITED StandaloneStatementofAssetsandLiabilities RinCrore) AsatSeptember AsatMarch particulars 30,2026 31,2026 Unudited Audited ASSETS Non-currentassets (a)Property, [Showing first 8,000 characters — download PDF for full document]