unaudited Financial Results for the Quarter and Half year Ended 30th September, 2026.

Sharda Ispat Ltd. Regd. Off.: Kamptee Road, Nagpur - 44 00 26 Tel.: 0712 - 2245156, 2245888, | Email: shardaispat.ngo@gmail.com Website: www.shardaispat.com | CIN No.: L74210MH1960PLC011830 Date: 03.11.2026 The Department of Corporate Services, Bombay Stock Exchange Limited, 1st Floor, New Trading Wing, Rotunda Building, P.J. Towers, Dalal Street Fort, Mumbai -400001 SHARDA ISPAT LIMITED Scrip Code: - 513548 Sub: - Outcome of the Board Meeting held on 03" November, 2026. Sir/ Madam, In continuation to earlier intimation, please be informed that the Board of Directors of the Company at their meeting held today, have, interalia, approved the unaudited financial results for the second quarter and half year ended 30‘ September, 2026. A copy of the said results along with the Limited Review Report issued by the Statutory Auditors of the Company on the unaudited financial results for the second quarter and half year ended 30‘ September, 2026, is also enclosed. The results are being published and also made available on the website of the Company at shardaispat.com. The Board Meeting commenced at 11:00 a.m. and concluded at 13:00 p.m. You are requested to take the above information on record and disseminate the same for the information of the stakeholders. Yours faithfully, FOR SHARDA ISPAT LIMITED Digitally signed by AMIT AMIT BANKATLAL gankaTLAL MUNDADA MUNDADA Date: 2026.11.03 13:05:11 +05'30' AMIT B. MUNDADA COMPANY SECRETARY Encl: - As above SHARDA ISPAT LIMITED., Kamptee Road Nagpur -440026 UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEARLY ENDED 30TH SEPTEMBER 2026 (CIN : L74210 MH1960PLC011830) Rs. In Lakhs S. No. PARTICULARS QUARTER ENDED HALF YEARENDED | 30.09.2026 30.06.2026 30.09. 2025 30.09.2026 | 30.09.2025 (UNAUDITED) (UNAUDITED) (UNAUD ITED) (UNAUDITED) (UNAUDITED) 1 |Income a) Revenue from operations (Net) 6,747.36 7,115.06 2,619.03 13,862.41 5,400.99 b) Other income 87.29 74.91 101.42 162.20 202.48 Total Income 6,834.65 7,189.96 2,720.45 14,024.61 5,603.47 2 |Expenses a) Cost of raw materials consumed 5,277.57 5,374.30 1,991.18 10,651.87 4,303.64 b) Purchases of Stock in Trade - 14.54 - 14.54 131.75 c) Changes in inventories of finished 455.55 636.99 129.85 1,092.54 -15.26 goods, work-in-progress & stock in trade d) Employee benefits expense 89.60 83.99 75.91 173.59 150.91 e) Finance Cost 47.17 53.04 68.73 100.21 132.50 f) Depreciation and amortisation expenses 22.08 22.08 19.56 44.15 37.93 g) Other expenses 769.92 784.37 411.12 1,554.29 798.55 Total expenses 6,661.88 6,969.31 2,696.35 13,631.19 5,540.03 3 {Profit (+}/Loss (-) from ordinary activities before 172.77 220.65 34.10 393.42 63.44 Exceptional items (1 - 2 ) 4 |Exceptional Items - - - - - 5 |Profit(+)/Loss(-) from Ordinary Activities before tax (3+4) 172.77 220.65 24.10 393.42 63.44 6 |Tax expense (Refer note No. 5) - - - - - Current Tax -42.47 -58.73 -10.17 -101.21 -15.42 Deferred Tax 1.40 1.58 -1.00 2.99 -6.70 7 |Net Profit(+)/Loss(-) from Ordinary Activities after tax (5-6) 131.70 163.50 12.93 295.20 41.32 8 {Extraordinary item - - - - - 9 |Net Profit(+)/Loss(-) after Taxes and Extraordinary items (7-8) 131.70 163.50 12.93 295.20 41.32 10 |Other Comprehensive Income Gain / Loss on Fair Valuation of Investment 19.13 23.38 0.71 42.51 48.59 11 |Total Comprehensive Income/(loss) (net of tax) (9+10) 150.83 186.88 13.64 337.71 89.90 Paid-up Equity Share Capital 507.68 507.68 507.68 507.68 507.68 (Face value of Rs.10/- each) Earning Per Share (EPS) (In *) - Basic and diluted EPS before & after 2.59 3.22 0.25 5.81 0.81 extraordinary items for the period and for the previous periods (not annualized) Statement of Assets and Liabilities as on September 30, 2026 is given below: Half Year ASSETS Erided oi Year Ended 30.09.2026 on 31.03.2026 (Un-Audited) (Audited) Non-current assets (a) Property, Plant & Equipment 310.15 353.69 (b) Intangible assets - - (c) Financial assets (i) Investments 981.16 929.15 (ii) Other financial assets 80.64 75.04 (d) Deferred tax Assets (Net) 1.59 7.34 (e) Current Tax Assets 51.06 44.57 Total Non-Current Assets 1,424.60 1,409.81 Current Assets (a) Inventories 1,550.86 2,264.24 (b) Financial assets (i) Trade receivables 1,736.54 1,859.48 (ii) Cash and cash equivalents 510.80 178.11 (iii) Bank balances other than Cash and cash equivalents 21.20 19.25 (iv) Loans 4,054.58 3,954.58 (v) Other financial assets 0.51 0.36 (c) Current tax assets (Net) - - (d) Other current assets 467.12 472.88 Total Current Assets 8,341.62 8,748.90 Total Assets 9,766.22 10,158.71 EQUITY AND LIABILITIES Equity (a) Equity share capital 507.68 507.68 (b) Other equity 6,375.59 6,037.85 Total Equity 6,883.27 6,545.53 Liabilities Non-Current Liabilities (a) Financial Liabilities (i) Borrowings 162.49 - (ia) Lease Liability 32.91 69.81 (ii) Other financial liabilities - - (b) Provisions 34.23 24.40 (c) Deferred Tax Liabilities (Net) - - Total Non-Current Liabilities 229.62 94.21 Current Liabilities (a) Financial Liabilities (i) Borrowings 2,266.07 3,037.98 (ia) Lease Liability 71.28 66.51 (ii) Trade payables - Due to MSME 24.97 90.10 "- Due to Others 145.92 170.04 (iii) Other financial liabilities - - (b) Other current liabilities 104.39 113.64 (c) Provisions 40.70 40.70 (d) Current tax Liabilities (net) - - Total Current Liabilities 2,653.33 3,518.97 Total Equity and Liabilities 9,766.22 10,158.71 Note: 1 The above financial results were reviewed and recommended by the Audit Committee and were approved by the Board of Directors at its meeting held on 03-11-2026. 2 The company operates in one segment only i.e. iron and steel and therefore Indian Accounting Standard (Ind AS) 108-operating segment is not applicable. 3 Previous period figures have been regrouped / reclassified, wherever necessary, to make them comparable with current period figures. ga For & and of behalf of Board of Directors Place : Nagpur \ we \ Nandkishore Sarda 03.11.2026 We Date : Chairman & Managing Director SHARDA ISPAT LI MITED, NAGPUR. CASH FLOW STATEMENT FOR THE YEAR ENDED 30TH SEPTEMBER 2026 (Rs. In Lakhs) Particulars 30-09-2026 31-03-2026 Cash Flow From Operating Activities Net Profit(Loss) before tax 393.45 839.72 Adjustments for: i) Depreciation & Amortisation 44.15 85.35 iii) Interest Paid 100.21 251.07 iv) Interest Received -154.98 -373.68 v) Loss / (Profit) on redemption of Mutual Fund - = vi) Sundry debit balance written off - 0.74 vii) Interest Income on security deposit -0.10 -0.15 viii) Provision for doubtful debts -0.96 0.01 ix) Dividend received -5.08 -4.66 Operating Profit before Working Capital Changes : 376.70 798.41 Adjustments for: i) Decrease/(Increase) in Trade & Other Receivables 123.90 -629.10 ii) Decrease/(Increase) in Inventories 713.37 -102.36 iii) ncrease/(Decrease) in Trade Payable & Other Liabilties -98.52 -5.34 iv) Increase/(Decrease) in provision 14.78 17.48 v) Decrease/(Increase) in other financial asset and other asset 7.09 110.62 Cash Generation from Operations 1,137.32 189.71 Add: Taxes Paid -111.21 -260.68 Net Cash from Operating Activi ties (A) 1,026.12 -70.97 Cash Flow From Investing Activities Purchase Of Fixed Assets -0.60 -49.22 Sale of Fixed asset “ Purchase of Investment -2.20 -1,283.46 Sale of Investment 819.73 (Investment)/Withdrawal from Bank account with portfolio management service -1.95 7.68 provider Loan (given)/received back during the year -100.00 982.87 Dividend Received 5.08 4.66 Interest Received 152.91 363.75 (Investment)/ Redemption of Bank deposits -4,91 6.20 Net Cash from Investing Activi ties (B) 48.32 852.21 Cash Flow From Financing Activities Increase/(Decrease) in the Borrowings from Bank -609.42 841.38 Increase/(Decrease) in the Unsecured loan -1,267.39 Repayment of Lease obligation ~ — -40.13 -79.66 Interest Paid -92.20 -230.29 Net Cash from Financing Activities (C) -741.75 -735.95 Net Increase/(Decrease) in Cash & Cash Equivalents A+ B+C 332.69 45,29 Cash & Cash Equivalents at beginning of the year 178.11 132.83 Cash & Cash Equivalents at the y [Showing first 8,000 characters — download PDF for full document]