This is to inform you that the Board of Directors of IITL Projects Limited at its meeting held today, i.e. Friday, October 30, 2026, has inter alia considered and approved the Unaudited Standalone Financial Results of the Company for the quarter and half year ended September 30, 2026 along with Limited Review Report issued by Maharaj N R Suresh & Co. LLP, Chartered Accountants, Statutory Auditors of the Company.

Date: October 30, 2026 BSE Limited Corporate Relationship Department Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001. BSE Scrip Code: 531968 Sub: Outcome of the Board Meeting held on October 30, 2026 Ref: Unaudited Standalone Financial Results for the quarter and half year ended September 30, 2026 - Regulations 30, 33 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir / Madam, This is to inform you that the Board of Directors of IITL Projects Limited at its meeting held today, i.e. Friday, October 30, 2026, has inter alia considered and approved the Unaudited Standalone Financial Results of the Company for the quarter and half year ended September 30, 2026 along with Limited Review Report issued by Maharaj N R Suresh & Co. LLP, Chartered Accountants, Statutory Auditors of the Company. Pursuant to Regulation 30 and 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, attached please find the following: a) Unaudited Standalone Financial Results of the Company for the quarter and half year ended September 30, 2026. b) Statement of Assets & Liabilities as on September 30, 2026 and Cash Flow Statement for the half year ended September 30, 2026. c) Limited Review Report on the Unaudited Standalone Financial Results issued by the Statutory Auditors, Maharaj N R Suresh & Co. LLP, Chartered Accountants, for the quarter and half year ended September 30, 2026. The meeting of the Board of Directors commenced at 03:50 p.m. and concluded at 04:55 p.m. Kindly take the above intimation on your records. Yours faithfully, For IITL Projects Limited Ms. Harshida J. Parikh Manager & Company Secretary Encl: as above Regd. Office: Office No. 101A. The Capital, Plot No. C-70, G Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400 051. Phone: (+91) 22-43250100, E-mail: iitlprojects@iitlgroup.com, Web: www.iitlprojects.com CIN: L01110MH1994PLC082421 NITL PROJECTS LIMITED CIN: LO1110MH1994PLC082421 Regd. office : Office No. 1014, The Capital, G-Block, Plot No. C-70, Bandra Kurla Complex, Bandra East, Mumbai - 400051 Tel. No. 022-4325 0100, Email: iitlprojects@iitigroup.com, Web: www. Iprojects.com STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30TH SEPTEMBER 2026 (R in lakhs) 5 Quarter ended Half year ended Year ended o, |Particutars 30.09.2026 | 30.06.2026 | 30.09.2025 | 30.09.2026 | 30.09.2025 | 31.03.2026 (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | (Audited) 1 |Income Revenue from operations 9.68 - - 968 - 2 |Other income 32.63 44.40 44.03 77.03 91.77 180.81 3 |Total Income (1+2) 4231 24.40 44,03 86.71 9177 180.81 4 |Expenses a. Cost of sales 8 - - b. Employee benefit expense 283 2.95 253 578 6.06 1.72 c. Depreciation and amortization expense 006 005 0.14 011 028 056 d. impairment loss (100.00) 405.05 - 305.05 (40.00) e. Other expenses 7.85 681 9.05 14.66 2852 54.02 Total expenses (89.26) 414.86 1172 325.60 34.86 26.30 5 [Profit/(loss) before Exceptional item and tax (3-4) 13157 (370.46) 3231 (238.89) 56.91 154.51 6 |Exceptional item - - - - - 7 |Profit/(Loss) before tax (5-6) 13157 (370.46) 3231 (238.89) 56.91 154.51 8 |Tax expense: a. Current tax 801 880 820 16.81 14.40 2007 b. €arlier year 107 - 107 c. Deferred tax 001 (0.02) (0.01) 026 021 Total tax expense 9.09 878 820 17.87 14.66 2928 9 [Net Profit/(Loss) after tax (7-8) 122.48 (379.24) 2011 (256.76) 42.25 125.23 10 [Other Comprehensive Income (OCH) 1) Items that will not be reclassified to profit or loss Remeasurement of defined benefit liability/asset 004 (0.02) 002 0.13 0.10 ii) Income tax relating to items that will not be (0.02) 001 (0.01) (0.03) (0.03) reclassified to orofit or loss Other comprehensive income, net of tax 0.02 (0.01) 0.01 0.10 0.07 11 [Total comprehensive income/(expenses) for the period| 12250 (379.25) 2011 (256.75) 2235 125.30 (9-10) 12 |Other equity - - (523.75), 13 [Paid up Equity Share Capital (Face value ¥ 10 each) 499.09 499.09 499.09 499.09 499.09 499.09 14 |Earning per Equity Shares of ¥ 10 each - Basic and Diluted * 2.45 (7.60) 0.48 (5.14) 0.85 2.51 * Basic and Diluted EPS for all periods except year ended 31.03.2026 is not annualised. IITL PROJECTS LIMITED 1. UNAUDITED STANDALONE STATEMENT OF ASSETS AND LIABILITIES AS AT 30TH SEPTEMBER 2026 Rin lakhs) Asat As at Particulars 30.09.2026 | 31.03.2026 Unaudited | Audited A [AssETs 1 |Non-current assets OP tro hp ee rr t iy n, t ap nl ga in bt l ea n asd s ee tq su ipment 00. 02 59 0 0. 03 59 Financial assets 1) Investments Noi ni) CO ut rh re er n tn o Tn a xc u Ar sr se en tt s financial assets 2- 1 1 3N 1 8 Deferred tax assets (net) 0.02 002 Other non-current assets - Total non-current assets 247 364 2 |current assets I Fin nv ae nn ct io ar li e as s sets 59.99 59.99 1) Trade receivables 1091 ii) Cash and cash equivalents 1,067.21 895 iii) Bank balances other than (ii) above 512.25 1,908.97 Curiv r) e O ntt h te ar x f ai sn sa en tc si a (l n ea ts )s ets 1,518 1. 33 24 1,046 1. 05 55 Other current assets 10437 507.14 Total current assets 3,274.39 353265 Total assets (1+2) 3,276.86 3,536.29 B [EQUITY AND LIABILITIES 1 [EQuiTy OE tqu hi et ry es qh ua ir te y capital (5 70 800 .. 57 19 ) (5 50 20 3. .77 69 ) Total equity (279.72) (22.97) LIABILITIES 2 |Non-current| Financial liabilities 1) Trade payables ii) Other financial liabilities 3,500.00 3,500.00 Provisions 0.25 0.15 Total non-current liabilities 3,500.25 3,500.15 3 |current liabilities Financial liabilities 1) Trade payables Total outstanding dues of micro enterprises and small enterprises Total outstanding dues of creditors other than micro enterprises and small enterprises 7.68 8.80 ii) Other financial liabilities 005 Other current liabilities 48.62 50.24 Provisions 003 0.02 Current tax liabilities (net) - - Total current liabil 56.33 59.11 Total equity and liabilities (1+2+3) 3,276.86 3,536.29 IITL PROJECTS LIMITED 2. UNAUDITED STANDALONE STATEMENT OF CASH FLOW FOR THE HALF YEAR ENDED 30TH SEPTEMBER 2026 Rin lakhs) 6 months Year ended ended | ) 03,2026 Particulars 30.09.2026 Unaudited | Audited A |CASH FLOW FROM OPERATING ACTIVITIES Profit/(Loss) before tax (238.89) 154.51 Adjustment for Depreciation and amortisation expenses 011 056 Interest income on Fixed Deposit (46.02) (120.81) Impairment loss 305.05 (40.00) Operating (Ioss) before working capital changes 2025 (5.74) Changes in working capital Trade receivables (10.91) - Increase /(Decrease) in other assets 986.65 (157.24) Increase /(Decrease) in other liabilities (2.66) (1.89) Cash generated/(used in) from operations 99333 (164.87) Direct Tax refund/(paid) (17.08) (25.61) Net Cash generated/(used in) from operating activities 976.25 (190.48) 8 |CASH FLOW FROM INVESTING ACTIVITIES sale/(purchase) of property, plant and equipment - ©.77) Return of Capital from Joint Venture Firm and Sale of Investment in Associate - 40.00 Interest received on Fixed Deposits 8201 96.73 Net Cash generated/(used in) from investment activities 82.01 135.96 Net increase/(decrease) in cash and cash equivalents (A+8) 1,058.26 (54.52) Cash and cash equivalents at the beginning of the year 8.95 63.47 Cash and cash equivalents at the end of the year 1,067.21 8.95 Notes : 3 The above Standalone Financial Results have been reviewed by Audit Committee and approved by the Board of Directors of the Company, at their meeting held on 30th October, 2026 and subjected to Limited Review by the Statutory Auditor. 4 As on 30.09.2026, the accumulated loss of Rs.780.51 lakhs, exceeds the paid up capital and net worth of the company stands fully eroded. The total liabilities of the company exceeds its total assets. The company is pursuing services in Real Estate related activities and earns income thereon, apart from interest on bank deposit. The present cash flows not being adequate to meet the liabilities, the company continues to be a not goi [Showing first 8,000 characters — download PDF for full document]