The Company has published un-audited financial results for the Half Year and Quarter ended September 30, 2026 on November 3,2026

Nirlon Limited CIN: L17120MH1958PLC011045 Pahadi Village, off the Western Express Highway, Goregaon (East), Mumbai 400 063. Tele: +91 (022) 4028 1919/2685 2257/58/59 E-mail id : info@nirlonltd.com, Website:www.nirlonltd.com November 3, 2026 The Secretary, BSE Limited, P.J. Towers, Dalal Street, Mumbai- 400 001. Security Code: 500307 Dear Sir, Sub: Further to our letter dated November 2, 2026 Ref: Regulation 47(1) (b) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Publication of Un-Audited Financial Results for the Half Year and Quarter ended September 30, 2026 Please find attached Certified True Copy of Un-Audited Financial Results for the Half Year and Quarter ended September 30, 2026, published in Newspapers i.e. Business Standard (in English) and Navakal (in Marathi), both dated November 3, 2026. Kindly acknowledge receipt of the letter. Thanking you, Yours faithfully, For Nirlon Limited Jasmin K. Bhavsar Company Secretary, V. P. (Legal) & Compliance Officer FCS 4178 Encl: a/a BUSINESS STANDARD 03-11-2026 NIRLON LIMITED (CIN L17120MH1958PLC011045) Registered Office: Pahadi Village, off the Western Express Highway, Goregaon (East), Mumbai 400 063. Tele No.: + 91 (022) 4028 1919/ 2685 2257/58/59 Fax No.: + 91 (022) 4028 1940 Email: info@nirlonltd.com, Website: www.nirlonltd.com UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND SIX MONTHS ENDED SEPTEMBER 30, 2026 STATEMENT OF ASSETS AND LIABILITIES (` in Lakhs) (` in Lakhs) Quarter ended Six months ended Year ended As at 30-Sep-26 As at 31-Mar-26 Sr. Particulars Particulars 30-Sep-26 30-Jun-26 30-Sep-25 30-Sep-26 30-Sep-2531-Mar-26 (Unaudited) (Audited) Unaudited Unaudited Unaudited Unaudited Unaudited Audited ASSETS 1 Income: Non-current assets (a) Revenue from operations 16,908.16 16,830.54 16,530.85 33,738.70 32,830.45 66,917.12 (a) Property, plant and equipments 54.16 39.94 (b) Other income 505.22 435.76 354.50 940.98 759.63 1,415,15 (b) Capital work-in-progress 2.326.32 702.28 Total income 17,413.38 17,266.30 16,885.35 34,679.68 33,590.08 68,332.27 (c) Investment properties 1,79,204.04 1,83,142.84 2 Expenses: (a) Employee benefits expense 159.67 160.71 156.42 320.38 319.29 626.12 (d) Financial assets (b) Finance costs 2,648.07 2,628.33 2,608.92 5,276.40 5,399.90 10,785.06 (i) Other financial assets 760.06 812.21 (c) Depreciation and amortisation expenses 1,394.83 1,395.17 1,379.49 2,790.00 2,757.00 5,557.61 (e) Non-current tax assets (net) 345.23 339.29 (d) Property Management Expenses 1,463.95 1,496.27 1,487.69 2,960.22 2,871.62 6,143.04 (f) Other non-current assets 4,876.34. 6,139.40 (e) Other expenses 2,136.74 2,255.19 1,949.64 4,391.93 3,923.76 8,026.10 Total non-current assets 1,87,566.15 1,91,175.96 Total expenses 7,803.26 7,935.67 7,582.16 15,738.93 15,271.57 31,137.93 Current assets 3 Profit before tax (1-2) 9,610.12 9,330.63 9,303.19 18,940.75 18,318.51 37,194.34 (a) Financial assets 4 Tax expense (i) Trade receivables 339.30 332.76 (a) Current Tax 2,258.28 2,189.74 1,195.10 4,448.02 3,660.71 7,988.35 (ii) Cash and cash equivalents 3,095.41 995.34 (b) Adjustment for tax relating to earlier periods (32.02) - - (32.02) (32.72) 14.77 (iii) Bank balances other than (ii) above 31,537.33 28,782.65 (c) Deferred Tax 194.90 203.00 292.20 397.90 1,033.88 1,543.56 (iv) Other financial assets 544.25 556.09 (d) Remeasurement of deferred tax on (b) Other current assets 3,044.76 3,126.30 account of new tax regime (Refer note 4) - (6,950.51) -(6,950.51) (6,950.51) Total current assets 38,561.05 33,793.14 Total tax expense 2,421.16 2,392.74(5,463.21) 4,813.90(2,288.64) 2,596.17 5 Profit after tax (3-4) 7,188.96 6,937.89 14,766.40 14,126.85 20,607.15 34,598.17 Total assets 2,26,127.20 2,24,969.10 6 Other comprehensive income EQUITY AND LIABILITIES Items that will not be reclassified to profit - Equity and loss (net of tax) - - - 0.20 7 Total comprehensive income (5+6) 7,188.96 6,937.89 14,766.40 14,126.85 20,607.15 34,598.37 (a) Equity share capital 9,011.80 9,011.80 8 Paid-up equity share capital (b) Other equity 38,457.73 37,848.59 (Face value of ` 10/- per share) 9,011.80 9,011.80 9,011.80 9,011.80 9,011.80 9,011.80 Total equity 47,469.53. 46,860.39 9 Other Equity 37,848.59 LIABILITIES 10 Earnings per share (EPS) of ` 10/- each Non-current liabilities (not annualised) (a) Basic (`) 7.98 7.70 16.39 15.68 22.87 38.39 (a) Financial liabilities (b) Diluted (`) 7.98 7.70 16.39 15.68 22.87 38.39 (i) Borrowings 1,08,959.33 1,14,666.63 See accompanying notes to the financial results (ii) Other financial liabilities 22,632.65 22,061.00 UNAUDITED STATEMENT OF CASH FLOWS (b) Provisions 141.82 144.08 (INR In Lakhs) (c) Deferred tax liabilities (net) 19,840.72 19,442.82 Six Months ended Six Months ended Particulars (d) Other non current liabilities 1,759.52 2,729.83 September 30, 2026 September 30, 2025 Total non-current liabilities 1,53,334.04 1,59,044.36 Cash Flow from operating activities: Profit before tax 18,940.75 18,318.51 Current liabilities Adjustments for: (a) Financial liabilities Depreciation and amortisation expense 2,790.00 2,757.00 (i) Borrowings 5,757.51 23.13 Amortisation of marketing fees 1.197.93 1,296.22 (ii) Trade Payables Loss / (gain) on assets sold / discarded 204.62 (7.70) Total outstanding dues of Lease equalisation income 1,360.26 (227.33) micro enterprises and small enterprises 37.24 49.78 Rental income on discounting of security deposits (1,066.02) (940.20) Total outstanding dues of trade payable Impairment loss on trade receivables 1.19 2.58 other than micro enterprises and Finance costs 5,276.40 5,399.90 small enterprises 796.54 1,599.80 Interest income (940.35) (691.60) (iii) Other financial liabilities 15,523.00 14,150.13 27,764.78 25,907.38 (b) Other current liabilities 2,982.50 2,891.39 Working capital adjustments: (Increase) / Decrease in assets : (c) Provisions 81.93 89.51 Trade receivables (7.73) (620.76) (d) Current tax liabilities (net) 144.91 260.61 Other current & non current financial asset 214.32 61.09 Total current liabilities 25,323.63 19,064.35 Other current & non current asset (57.94) (294.64) Total liabilities 1,78,657.67 1,78,108.71 Increase / (Decrease) in liabilities: Trade payables (815.80) (248.91) Total equity and liabilities 2,26,127.20 2,24,969.10 Other current & non current financial liabilities 1,036.65 (837.43) See accompanying notes to the financial results Other current & non current liabilities 186.82 468.34 Notes : Provisions (9.84) 3.60 1. The results of the quarter and six months ended September 30, 2026 were reviewed by the Net cash flow from / (used) in operations 28,311.26 24,438.67 Audit Committee and approved by the Board of Directors of the Company at its meeting held Income taxes paid (4,537.64) (4,447.61) on November 02, 2026. Net cash flow from / (used) in operating activities 23,773.62 19,991.06 2. The Company has determined “licensing of investment properties” as a reportable Cash flows from investing activities segment as evaluated by the chief operating decision makers for allocation of resources Purchase of property, plant and equipments and investment properties and assessing the performance. There are no other reportable segment as per Ind AS 108 (2,033.26) (2,677. 27) including capital work in progress - Operating Segment. Accordingly, no segment information has been disclosed. Proceeds from sale of property, plant and equipments and investment 3. The shareholders of the Company in their meeting held on September 18, 2026 approved 25.38 16.10 properties the final dividend of Rs. 15 per share aggregating to Rs. 13,517.71 lakhs for the financial Interest received 790.02 673.96 year 2025-26. The said dividend was paid on September 21, 2026. Investments in fixed deposits (net) (2,754.68) (12.96) 4. In the FY 2025-26, the Company exercised the option available under section 115BAA of Net cash flow from / (used) in investing activities (3,972.54) (2,000.17) the Income Tax Act, 1961 (New Tax Regime) and acco [Showing first 8,000 characters — download PDF for full document]