Declaration of Consolidated & Standalone Unaudited Financial Results for the Half year ended on September 30, 2026.

Date: October 30, 2026 General Manager, Listing Compliance Department, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001. Ref: M/S. Waa Solar Limited (Security Id: WAA, Scrip Code: 541445) Sub: Outcome of Board Meeting held today i.e., Friday, October 30, 2026, pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Pursuant to Regulations 30, 33 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you, that the Board of Directors of the Company, in their Meeting held today, i.e., Friday October 30, 2026, at the registered office of the Company, situated at, Madhav House, Nr. Panchratna Building, Subhanpura, Vadodara- 390 023, have discussed and approved the following matters: i. considered, approved and taken on record the Unaudited Standalone Financial Results for the half year ended on September 30, 2026 along with the Limited Review Report; ii. considered, approved and taken on record the Unaudited Consolidated Financial Results for the half year ended on September 30, 2026 along with the Limited Review Report; The Board Meeting was commenced at 04:00 P.M. and concluded at 05:00 P.M. Kindly take the same on your record and oblige us. Thanking you, Yours faithfully. For and on behalf of Board of Directors, Waa Solar Limited Mansi Heda Company Secretary & Compliance Officer M. No.: A75626 Waa Solar Limited Madhav House, Subhanpura, Vadodara 390023, Gujarat, India Email: investors@waasolar.in • Web: www.waasolar.in • TeleFax: 0265-2290722 CIN: L40106GJ2009PLC076764 J C~ H & ASSOCIATES LLP C ARTERE ACC UNTANTS IND IA 718-719, 7th Floor, Block-1 B, 73 East Avenue, Sarabhai Campus, Alembic Road, Vadodara-390023. (M) 9624001215, 98752 15584 (E) jchassociates21@gmail.com (W) www.jchassociates.in Independent Auditor's Review Report on Half Yearly Unaudited Standalone Financial Results of WAA SOLAR LIMITED pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, as amended THE BOARD OF DIRECTORS OF WA A SOLAR LIMITED 1. We have reviewed the accompanying Statement of unaudited standalone financial results ofWAA SOLAR LIMITED (the "Company") for the half year ended on September 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, 2015 as amended. 2. This Statement, which is the responsibility of the Company's Management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down Accounting Standard 25, Interim Financial Reporting, prescribed under Section 133 of the Companies Act, 2013 read with relevant rules Issued thereunder and other accounting principles generally accepted in India. Our responsibility is to Issue a report 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. '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 Is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provide less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that accompanying Statement, prepared in accordance with the applicable Accounting Standard as prescribed under section 133 of the Companies Act, 2013 read with rules issued thereunder and other recognised accounting practices and principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the regulation, read with the circular, including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. The audited financial results for the year ended March 31, 2026 and unaudited financial results for the half Year ended September 30, 2025, included in these financial results are based on the previously issued results of-the Company prepared in accordance with the Accounting Standards ("AS") prescribed under Section 133 of Companies Act, 2013. Those audited/ unaudited financial results prepared under AS were audited/reviewed by the Us and base on our report dated August 14th, 2026 expressed an unmodified opinion on those financial results and unmodified limited review reports dated November 12th, 2025 Respectively, For J C H & Associates LLP Chartered Accountants u Nishad Place: - Vadodara MN 618129 Date: - 30-10-2026 FRN: 134480W /W101042 UDIN: - 26618129ZAUCBH7341 WAA SOLAR LIMITED • waa CIN: L40106GJ2009PLC076764 Registered Office: Madhav House, Plot No. -04, Nr. Panchratna Building, Subhanpura, Vadodara -390 023 Email: info@waasolar.org Website : www.waasolar.org Tel: 0265 2290722 s 0 L A R Statement of Un-Audited Financial Results for half year ended on September 30, 2026 I Rs. in lakhl HALF YEAR ENDED YEAR ENDED HALF YEAR ENDED YEAR ENDED PARTICULARS ~-2026 I 31-03-2026 I 30-09-2025 31-03-2026 30-09-2026 : 31-03-2026 30-09-202S 31-03-2026 A B -- - D Da ate te o of f s eta nr dt o of f r ree peo or rtt ii nn gg _ g gu ua ar rt te er r 301 0- -0 04 9- -2 20 02 26 6 t-fu 01_ 3Q -_: 22 002 25 6 1 301 0- -0 04 9- -2 20 02 25 5 301 1-- 00 34 --2 20 02 25 6 301 0- -0 04 9- -22 00 22 66 - -- 30 11- -01 30- -2 20 02 25 6 301 0- -0 094- -2 20 02 25 5 301 1- -0 04 3-- 22 00 22 65 C I Whether results are audited or unaudited Un-audited Un-audited I Un-audited Audited Un-audited Un-audited Un-audited Audited D Nature of Report Standalone Consolidated Part I -----·- - -· L 1 Revenue From Operations I Net sales or Revenue from Operations 1,679.46 1,863.88 853.42 2.717.30 1,709.45 I 1,895.78 881.33 2.777.12 Other operatinq revenues - - I - Total Revenue from operations 1,679.46 i 1,863.88 853.42 2,717.30 1,709.45.J_ ___ 1,895.78 881.33 2,777.12 2 Other income 122.33 ii3.00 158.20 271.20 122.35 ' 113.00 158.21 271.21 3 Total Income (1 +2) 1,801.78 1,976.88 1,011.63 2,988.51 1,831.79 2,008.78 1,039.54 3,048.33 4 Expenses - l (a) Cost of materials consumed 68.07 523.47 (109.84) 413.63 68 07 . 523.47 (109.84) 413.63 (b) Changes in inventories of finisfied ooods. work-in-progress and stock-in-trade 21.17 (36.21) - (36.21) L •. 17 I I (36.21) - (36.21) (c) Construction Expenses 95.i3 71.04 76.19 147.23 95:3- - 71.04 76.19 147.23 (d) IEmo:oyee benefit expense 82.12 I '01.08 80.06 181.15 87.50 108.36 89.49 197.85 (e) Finance costs 730.85 627.64 471.89 1,099.53 736.02; 630.50 481.16 1,111.66 (fl Deoreciation and amortisation expense 470.56 --- 377.79 291.13 668.92 479.90 I 387.14 30047 687.61 (ol Other Expenses 304.70 I 314.85 188.98 503.83 305.44 I 317.11 189.54 506.65 Total Exeenses 1,772.60 1,979.67 998.41 2,978.08 1,793.2~J 2,001.41 1,027.01 3,028.42 5 ProfiV (Loss) before exceptional items and tax (3-4) 29.18 (2.79) 13.22 10.43 38.56 I 7.37 12.54 19.91 6 Exceotional items I (3.19) 3.19 I (3.19) 3.19 - 7 Profit/ (Loss) before tax (5-6) 29.18 0.40 10.03 10.43 38.56 I 10.56 9.35 19.91 8 Tax Expense I (i) Current Tax I - - - -. - - (ii) Deferred Tax ---- 4~5s+- - - - - - - (iii) MAT -- - (0.02) 1.67 1.65 6.o- 1.49 1.67 3.16 (iv) IP rovis;on for Earlier Year I 54.86 - 54.86 -'--- 54.91 - 54.91 Net Profit/ (loss) before Share of Profit/ (loss) of Associates & Joint Ventures (7- I i 9 24.63 I (54.44) 8.36 (46.08) 32.55 (45.84} 7.68 (38.16) 10 Share of Profit/ (loss) of Associates & Joi rt Ventures I 35.57 I (70.89) 174.03 103.13 11 Profit/ (loss) for t~eriod 24.63 I (54.44) 8.36 (46.08) 68.1 [Showing first 8,000 characters — download PDF for full document]