Re-constitution of Audit Committee

Ref: JTLIND/11/26-27/01 November 2, 2026 The Manager, The Manager, Corporate Relationship Department, Listing Department, BSE Limited. National Stock Exchange of India Ltd. 25th Floor, P.J. Towers, ‘Exchange Plaza’, C- 1 Block G, Bandra Kurla Dalal Street, Complex, Bandra (East) Mumbai - 400001 Mumbai – 400051 Scrip Code: 534600 NSE Symbol: JTLIND Subject: Outcome of Board Meeting held on Monday, November 2, 2026 Dear Sir/Ma’am, Pursuant to Regulation 30, 33 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, (the "Listing Regulations"), We hereby inform you that the Board of Directors at its meeting held today i.e., November 2, 2026 has, inter alia, 1. Approved and taken on record the Un-audited Financial Results (Standalone and Consolidated) for quarter and half year ended September 30, 2026. We are enclosing herewith Standalone & Consolidated Un-audited Financial Results together with Cash Flow Statement, Statement of Assets & Liabilities as approved by the Board of Directors together with the Auditor’s Limited Review Report thereon. (‘Annexure-1’) 2. Approved the re-constitution of Audit Committee of the Board of Directors. The revised composition of Audit Committee w.e.f. November 3, 2026 is attached as ‘Annexure -2’ The meeting commenced at 11:00 AM and concluded at 12:25 PM. Kindly take note of the above information and oblige. Thanking you, Yours Sincerely, For JTL Industries Limited Amrender Kumar Yadav Company Secretary and Compliance Officer (M. No. A41946) Annexure-1 Statement of Standalone Unaudited Financial Results for the period ended September 30, 2026 (₹ in Lakhs except EPS data) Quarter Ended Half Year Ended F.Y. Ended Particulars 30-Sep-26 30-Jun-26 30-Sep-25 30-Sep-26 30-Sep-25 31-Mar-26 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) 1. Income a) Revenue from operations 53,353.78 53,627.95 3 7,090.51 1 ,06,981.73 8 7,506.08 1 ,79,837.62 b) Other Income 377.08 477.25 3 27.46 8 54.33 8 38.52 1 ,409.45 Total Income 53,730.86 54,105.20 3 7,417.97 1,07,836.06 8 8,344.61 1,81,247.07 2. Expenses a) Cost of materials consumed 42,847.74 45,412.49 2 8,810.71 8 8,260.23 7 2,352.99 1 ,42,005.25 b) Purchases of stock-in-trade 5,165.77 1,577.13 2 ,465.27 6 ,742.90 4 ,841.26 1 4,080.84 c) Changes in inventories of finished goods (2,331.74) (782.18) ( 227.92) ( 3,113.92) ( 567.50) ( 309.91) d) Employee benefits expense 1,045.07 890.01 9 14.68 1 ,935.08 1 ,751.51 3 ,678.47 e) Finance costs 416.88 457.76 1 93.93 8 74.64 3 44.90 9 32.99 f) Depreciation and amortization expense 412.15 407.65 3 52.25 8 19.80 6 97.46 1 ,435.29 g) Other expenses 2,300.81 2,222.07 2 ,182.11 4 ,522.89 4 ,098.49 7 ,921.94 Total Expenses 49,856.68 50,184.93 34,691.03 1,00,041.61 83,519.11 1,69,744.87 3. Profit Before Exceptional Items and Tax (1-2) 3,874.18 3,920.27 2,726.94 7,794.45 4,825.49 11,502.20 4. Exceptional Items - - - - - - 5. Profit Before Tax (3 +/- 4) 3,874.18 3,920.27 2,726.94 7,794.45 4,825.49 11,502.20 6. Tax Expense a) Current Tax 931.88 940.16 6 85.06 1 ,872.04 1 ,160.69 2 ,735.79 b) Deferred Tax 40.37 42.30 51.21 82.67 86.92 2 4.35 c) Previous period Tax - - - - - ( 45.79) Total Tax Expenses 972.25 982.46 736.27 1,954.71 1,247.61 2 ,714.35 7. Profit for the Year / Period (5-6) 2,901.93 2,937.81 1,990.67 5,839.74 3,577.88 8,787.86 8. Other Comprehensive Income A (i) Items that will not be reclassified to profit or loss ( 24.93) 39.20 (189.22) 14.26 ( 25.00) ( 171.15) (ii) Income tax relating to items that will not be reclassified to profit or loss ( 0 . 6 0 ) ( 5 . 6 1 ) 27.02 ( 6.21) ( 12.55) ( 126.23) B (i) Items that will be reclassified to profit or loss 10.34 10.34 2 .38 2 0.68 4 .75 4 1.36 (ii) Income tax relating to items that will be reclassified to profit or loss ( 2.60) ( 2.60) ( 0.60) ( 5.20) ( 1.19) ( 10.41) Total Other Comprehensive Income ( 17.80) 41.33 (160.42) 23.53 ( 34.00) ( 266.43) 9. Total Comprehensive Income (7 +/- 8) 2,884.12 2,979.15 1,830.24 5,863.27 3,543.88 8,521.43 10. Paid Up Equity Share Capital (Face Value Rs. 1/- each) 3,930.82 3,930.82 3,930.82 3,930.82 3,930.82 3,930.82 11. Other Equity 1,31,523.40 1,29,103.03 1 ,21,146.34 1 ,31,523.40 1 ,21,146.34 1 ,26,123.88 12. Earnings Per Share (Not Annualised) a) Basic (₹) 0 .74 0 .75 0 .51 1 .49 0 .91 2 .24 b) Diluted (₹) 0.74 0.75 0.51 1.49 0.91 2 .24 NOTES: 1. TheseStandalonefinancialresultshavebeenpreparedinaccordancewiththerecognitionandmeasurementprincipleofapplicableIndianAccountingStandards('IndAS')prescribedunder Section133oftheCompaniesAct,2013.TheaboveauditedStandalonefinancialresultshavebeenreviewedbytheAuditCommitteeandapprovedbytheBoardofDirectorsoftheCompany in its meeting held on November 02, 2026. The Statutory Auditors have issued Limited Review Report on the same, with unmodified opinion. 2. During the quarter ended September 30, 2026, the Nomination and Remuneration Committee of the Company, via a Resolution by Circulation passed on August 10, 2026, approved the grant of 11,42,500 Employee Stock Options to eligible employees under the 'JTL Industries Employee Stock Option Scheme 2025'. 3. The Company operates in one reportable business segment i.e., manufacturing of ‘Steel Tubes, Pipes and Structures’ there are no separate reportable segment pursuant to IND AS-108. 4. As on September 30, 2026, the Company has a wholly owned subsidiary i.e., JTL Tubes Limited, two subsidiaries i.e., JTL Engineering Limited and JTL Defence Limited (erstwhile RCI Industries and Technologies Limited). The Company has an associate company, Powersol Metalcraft Limited (Erstwhile Bhambri Steels Limited), though no joint venture. 5. The company has not discontinued any of its operations during the period under review. 6. Figures for the previous year/ period/ quarter have been reclassified/ regrouped wherever necessary. 7. The results of the company are also available for investors at www.jtl.one, www.bseindia.com and www.nseindia.com for and on behalf of the Board of Directors Date: November 02, 2026 Pranav Singla Place: Chandigarh Whole Time Director DIN: 07898093 J T L INDUSTRIES LIMITED Standalone Balance Sheet as at September 30, 2026 ₹ in Lakhs As at As at Particulars September 30, 2026 March 31, 2026 ASSETS Non-Current Assets Property, plant and equipment 2 1,819.61 2 2,055.96 Capital work-in-progress 2 0,281.45 1 5,441.01 Financial assets Investments 6 ,187.87 6 ,245.27 Other non-current assets 1 0,717.56 9 ,471.54 Total Non-current Assets 5 9,006.50 5 3,213.78 Current Assets Inventories 2 6,085.12 2 0,912.70 Financial Assets Trade receivables 3 4,429.94 2 7,934.24 Cash and cash equivalents 1 48.84 3 ,338.65 Bank balances other than cash and cash equivalents 2 ,500.79 8 49.30 Loans 1 5,797.37 1 8,367.94 Other current assets 3 3,152.93 3 1,364.64 Total Current Assets 1 ,12,115.00 1 ,02,767.48 Total Assets 1 ,71,121.50 1 ,55,981.26 EQUITY AND LIABILITIES Equity Equity Share Capital 3 ,930.82 3 ,930.82 Other Equity 1 ,31,523.40 1 ,26,123.88 Total Equity 1 ,35,454.22 1 ,30,054.70 Liabilities Non-Current Liabilities Long-term Provisions 2 64.96 2 89.52 Deferred tax liabilities 3 75.99 2 81.90 Total Non-current Liabilities 6 40.95 5 71.42 Current liabilities Financial liabilities Borrowings 2 2,447.16 2 0,322.38 Trade payables Total outstanding dues of micro and small enterprises 6 7.65 4 3.26 Total outstanding dues of creditors other than micro and small enterprises 7 ,469.62 2 ,492.99 Other financial liabilities 1 ,340.76 8 35.06 Other current liabilities 2 ,278.58 3 93.44 Provisions 4 5.77 3 7.91 Current tax liabilities (net) 1 ,376.81 1 ,230.10 Total Current Liabilities 3 5,026.34 2 5,355.14 Total Equity and Liabilities 1 ,71,121.50 1 ,55,981.26 forand on behalf of the Board of Directors Date: November 02, 2026 Pranav Singla Place: Chandigarh Whole Time Director DIN: 07898093 J T L INDUSTRIES LIMITED Standalone Cash Flow Statement for the period ended Septemb [Showing first 8,000 characters — download PDF for full document]