Outcome of Board Meeting

October 30, 2026 To, To, The Manager – Listing Department The Manager – Listing Department National Stock Exchange of India Limited BSE Limited 5, Exchange Plaza Floor 25, P.J.Towers, Bandra-Kurla Complex Dalal Street, Bandra (East), Mumbai 400051 Mumbai 400 001 Symbol: FINPIPE Scrip Code: 500940 Sub: Outcome of the Board Meeting held on Friday, October 30, 2026 Ref: Regulation 30 & 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Dear Sir / Madam, In terms of the subject referred regulations, the Board of Directors of the Company at its meeting held on Friday, October 30, 2026, inter-alia, approved and taken on record the following: 1. The Unaudited (Standalone & Consolidated) Financial Results of the Company for the Quarter and Half Year ended September 30, 2026, along with the Limited Review Report issued by M/s. Walker Chandiok & Co LLP, Chartered Accountants, Statutory Auditors of the Company, pursuant to Regulation 33 of SEBI Listing Regulations. In compliance with Regulation 46 of the SEBI Listing Regulations, the information is also being uploaded on the website of the Company at https://www.finolexpipes.com/ The aforesaid Board Meeting commenced at 07:00 p.m. (IST) and concluded at 09:15 p.m. (IST) You are requested to take the above on your records. Thanking you, Yours faithfully, For Finolex Industries Limited Dakshinamurthy Iyer Company Secretary & Head Legal M. No. A13004 Encl.: As above Walker Chandiok & Co LLP Walker Chandiok & Co LLP 42nd Fleor, Building Commerz Ill, International Business Park, Oberoi Garden City, Off Western Express Highway, Goregaon (East), Mumbai-400063 T +0122 6626 2699 Independent Auditor’s Review Report on Standalone Unaudited Quarterly Financial Results and Year to Date Results of the Company pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) To the Board of Directors of Finolex Industries Limited We have reviewed the accompanying statement of standalone unaudited financial results (‘the Statement’) of Finolex Industries Limited (‘the Company’) for the quarter ended 30 September 2026 and the year to date results for the period 1 April 2026 to 30 September 2026, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (‘Listing Regulations’). The 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 (‘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. 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. Based on our review conducted as above and the consideration of the review report of the auditor of Finolex Industries Employees’ Welfare Trust (the ‘Welfare Trust') as referred to in paragraph 5 below, 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. Chartered Accountants Walker Chandiok & Co LLP is registered with limited liability with identification Offces in Ahmedabad, Bengaluru, Bhubaneswar, Chandigarh, Chennai, Dehradun, Goa, Gurugram, Guwahat, Hydersbad, Indore, number AAC-2085 and has its registered Jaipar, Kochi, Kolkata, Mumbai, New Delhi, Noida and Pune office at L-41, Connaught Circus, Outer Circle, New Delhi, 110001, India Walker Chandiok & Co LLP Independent Auditor’s Review Report on Standalone Unaudited Quarterly Financial Results and Year to Date Results of Finolex Industries Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (cont’d) We did not review the interim financial information of the Welfare Trust included in the Statement, whose financial information reflects total assets of ¥42.44 crore as at 30 September 2026 and total revenues of ZNil crore and 2Nil crore, total net (loss)/profit after tax of ¥(4.53) crore and %1.02 crore, and total comprehensive (loss)income of ¥(4.53) crore and ¥1.02 crore, for the quarter and six-month period ended on 30 September 2026, respectively, and net cash outflows of %0.07 crore for the period ended 30 September 2026 as considered in the Statement. This interim financial information has been reviewed by the other auditor, whose report has been furnished to us by the management, and our conclusion, in so far as it relates to the amounts and disclosures included in respect of the Welfare Trust is based solely on the review report of such other auditor of the Welfare Trust. Our conclusion is not modified in respect of this matter with respect to our reliance on the work done by and the report of the other auditor. For Walker Chandiok & Co LLP Chartered Accountants Firm Registration No: 001076N/N500013 Rajni Coysnes bDya tRea jn2i0 2M6un1d0r3a0 Mundra 21536 o530 Rajni Mundra Partner Membership No.: 058644 UDIN: 26058644ETIQVL6787 Place: Mumbai Date: 30 October 2026 Chartered Accountants Registered Office / Urse Plant Tel +91 2114 237251/ 237253 Finolex Industries Limited Toll Free 1800 200 3466 Gat No. 399, Village Urse, Tal -Maval Fax +91 2114 237252 Dist. Pune 410 506, Maharashtra, India Email investors@finolexind.com CIN L40108PN1981PLC024153 Web finolexpipes.com FINOLEX INDUSTRIES LIMITED Registered Office: Gat No. 399, Village Urse, Taluka Maval, Dist. Pun- 4e10 506.CI N: L40108PN1982PLC024153 Statement of Unaudited Standalone Financial Results for the quarter and half year ended September 30, 2026 (Al amounts n % Crore, except earmings per share] Quarter ended Holl year ended Vear ended se. ol Particulors Septembber 30,2026 | lune 30,2026 | Septenioer 30, 2025 | September 30, 2026 Sepiember 36, 2025 Merch 31, 2026 (Unaudited) (Urauditea) (Uraudiied) (Unaudited) (Unaudiced) (Audiieg) T income Revenue from operations 10933 88358 85874 197758 190189 11343 Other income 59.97 7533 5960 135.30 12428 2321 Total income () 115393 55851 51834 21288 202617 Ta266¢ U |Expenses Cost of materials consumed 689.15 758 65308 11673 1,28820 259798 Purchases of stock-n-trade 1830 1088 500 310 1055 6152 (Changes n inventores of finished goods, stock-in-trade and work in-progress 3015 9717 (17185) 132 (10368) (283.25) Employes benefits expense o217 5512 5201 10229 11036 20260 Finance costs 334 587 430 1021 581 2058 [beprecation and amortisatie [Showing first 8,000 characters — download PDF for full document]