Unaudited Financial Result

Ref No: GSTL/BSE/NSE/62021130 Date: 3 November 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex, Dalal Street, Bandra (East) Mumbai -400 001 Mumbai -400 051 Scrip Code: 513108 Symbol: GANDHITUBE Dear Sir/ Madam, Sub.: Outcome of Board Meeting held on Tuesday, 3 November 2026 This is further to our letter dated, 26 October 2026 intimating the date of Board Meeting for consideration of Unaudited Financial Result for the second quarter and half year ended 30 September 2026. Pursuant to Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are now pleased to inform you that the Board of Directors at their Meeting held on Tuesday, 3 November 2026 have inter alia approved,: 1. Un-audited Financial Results for the second quarter and half year ended 30 September 2026 along with Limited Review Report thereon. 2. Statement of Assets and Liabilities and the Cash Flow Statement for the half year ended as on 30 September 2026. We are enclosing herewith the following: a. Unaudited Financial Results for the quarter ended 30 September 2026 b. Statement of Assets and Liabilities and the Cash Flow Statement for the half year ended as on 30 September 2026 c. Limited Review Report in respect of the Unaudited Financial Results for the quarter ended 30 September 2026 furnished by Statutory Auditors of the Company. Extract of the aforesaid results will be published in the newspapers in the format prescribed under Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and will also be available on the Company’s website on https://gandhispecialtubes.com/irresults.php?rType=Q The board meeting commenced at 3.30 pm (IST) and concluded at 4.30 pm. (IST) You are requested to take the above information on your record. Yours Faithfully, For Gandhi Special Tubes Limited, Chaitali Parekh Company Secretary and Compliance Officer Membership No. ACS 54216 Encl: As Above s. v. DosHr & co. Chartered Accountants Limited Review Report on Unaudited Financial Results of Gandhi Special Tubes Limited for the quarter and six months ended 30 September 2026 pursuant to the Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 201,5, as amended. To the Board of Directors of Gandhi special Tubes Limited We have reviewecl the accompanying statement of unaucliteci financial results of Ganclhi Special Tubes Limited (the "Company") for the quarter and six months encled 30 September 2026 ("the Statement"). 2. This Statement, which is the responsibility of the Ccr (s Managemcnt ancl approved by the Company's Boarcl of Direc been prcparod irr accordance with the recognition and me principles laid dor,r,rr in Indian Accounting Standard 31, Interi I Reporting ("lnd AS 3.1"), prescribed under Section 133 of the ies Act,2013 and othcr accounting in{$Ulfin principles generally accepted compliance w,ith Regulation 33 of tthhee SSEEBBII ((LLiissttiinngg OObblliiggaattiioonnssf@agg!$liliciclolossuurree RReeqquuiirreemmeennttss)) RReegguullaattiioonnss,, 22001155,, as amenc{ed ("Listing Rre\Uflt";. O,r. responsibility is to issuc a report on : :::rffi:Jl"**""t J. in accorclance u,ith rrrc sra,,ra *,,,n Review Engagements (SRE) 2410 "Rerie'tu of lnterim Fi.rutnt'iol lrt.fonnottott Perfonned by the lndependent Auditor o.f tha Entity", issuecl bv the institute ol Charterecl Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether thtl Statemcnt is free of material misstatement. A review o{ interirn financial information consists of making inquiries, primarily of persons responsible for financial aud accounting matters, and applying analytical ancl other review proceduros. A review is substantially less in scope than an audit cr:nducted in accordanccr with Stanciards on Auditing and consequently c{oes rrot enable us to obtain assurance that we would become aware of all significant maiters tliat might be 602-E, Neetkanth, 'F'Road, 98, Marine Drive, Mumbai - 400 002.Tet.:22049361,62. Fax: 22A49363 E-mait: svdco@svdoshi.com s. v. DosHr & co. Chartered Accountants identifiecl in an audit. Accorclingly, we do not express an auclit opinion. 4. Basecl on our review conducted as above, nothing has come tcl our attenticln that causes us to believe that the accolnpanying Statement of unautlitecl financial results, prepared in accordance with the applicabie Accounting Stanclards and other recognized accounting practices ancl policies and has not disclosed the information requirecl to be disclosed in terms of Regulatior-r 33 of the Listing Regulations, incluciing the manner in which it is to bc tiiscloscel, or that it contains any material misstatement. For S.V. Doshi & Co. 'ffiffi_u I f,/ "* ^<A - ruo,,.,rnt " ;:''" " ".''; ^n$ ss,rffiiYY bb'JJr,nhQg$$$hB$il."i"" ';;'r"r:"r:1:.:.'.';"i" (Partner) n V- 35037 M. No.: $V **'i*ilffir" f 602-E, Neelkanth, 'F'Road, 98, Marine Drive, Mumbai - 400 002.Tet.:22049361,62. Fax: 22049363 E.mait: svdco@svdoshi.com Gandhi Special Tubes Limited GANDHI CIN : 127104MH1985P1C036004 2OL-204, Plaza,2nd Floor, 55 Hughes Road, Mumbai - 400 007. ! Tel. : +9t223634L79 123634L83 SPECIAL info@gandhitubes.com / complianceoffice@gandhitubes.com www.gandhispecialtubes.com STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30 SEPTEMBE& 2026, ( ? In Lakhs except EPS) Ouarter Ended Half Year Ended Year End€d Sr. PARTICULARS 30l09l2026 30/0612026 30l09l2025 30l09l2026 30l09l2025 3r.l03l2026 No. ,ltNAltDITEb! /IINAIIDITFD) TtINAt'DITED'I .UNAUDTTED) (UNAUDITED') ,tltnTTFnl I Revenue from Operations 5,8O9,74 5,7L9.5L 4,80 1.38 11,s29.25 9,51 1.98 Lg,t r.o2 II Other Income 1) )) 7,037.12 320.64 1,O49-34 L.t27.67 I 1?1 ta III fotal Income (I+ II) s,461.96 6,r56.63 5,172.O2 12,614.59 1O,739.6s 2O,361.a9 lv Expenses a) Cost of materials consumed L,795.76 1,83 1.25 r,609,09 3,627.OL 3,391.39 6,s86.86 b) Changes in lnventories of finished goods, work-in-progress and stock-in-trade 72.6L (35.081 6.84 36.53 (44.e6) (107.93) c) Employee benefits expenses 301.70 305.31 24L.28 607.01 510.10 983.s0 d) Depreciation and amortlsation expenses a7.16 85.61 a7.20 Lr2.7' 170,77 342.73 e) Power & Fuel 405.46 382.87 319.39 789.33 606.81 L,2O9.32 f) Other Expenses s39.06 57L.75 52t.57 1,110.81 968.63 2,L46.8L g) Financial Charges ?ns ?R4 3.80 7.69 7,64 9.32 h) Total €xpenses 3,206.60 3,144.55 2,749.9 6,351.15 s,610.32 11,170.61 v Profit before exceptional items and tax (uI - Iv) 2,655.36 3,6r2.OE 2,332,45 6,267,44 s,129.33 9,19O.44 VI Exceptional Items (93.14 VII Profit before tax (V -VI) 2,655,36 3,612.08 2,332.85 6,26r.44 5,129.33 9,O97.70 VIII Trx Exp€nse i) Current Tax 840.00 685.00 567.00 1,525.0O 1,120.00 2,235.00 ii) Taxation expenses relating to prior years ( 1.191 (1,19) (1.le) iii) Deferred Tax ( 114.19 ) 133.41 l) nR\ a4(t-7al 80.54 27,45 565.81 818,41 563,75 L444.22 r,199.35 2,261.27 IX Profit for the period (VII -VUI) 1,989.55 2,793,67 1,769.1O 4t783,22 3,929.98 5,835.43 x other comprehensive Income (OCI) Items that wlll not be reclassified to Profit or Loss : Remeasurement [9ain/(loss)] of Defined employee - benefit liability 2.50 2.51 2.74 5.01 5,47 10.03 Income Tax on above (o.63 to.53 (o.59 (1.26 ( 1.381 ,2-S2l Other Comprehensive Income (OCI) 1,87 1.84 2.05 1.75 4.09 ,.5L XI Total Comprehensiv€ Income for the Period (Ix + X) 1,991.42 2,795.55 L,771-15 4,746.97 3,934,0' 5,843.94 XII Paid-up equity share capital (Face value of ? 5/- each) 564.20 607.60 607.60 564.20 607.60 507.60 XIII Earnings per Equity Share of ( 5/- each) Basic & Diluted t 6_48 22.99 14.56 39.61 32.34 <6 26 UNAUDITED BALANCE SHEET AS AT 30 SEPTEMBER, 2026 ( ( In Lakhs) As at As .t PARTICULARS 3010912026 3Ll03l2026 (UNAUDITED) .AIIDTFDI A ASSETS 1 Non-current a53ets (a) Property Plant and Equipment 4,025.10 4,154.29 (b) Right to Use Assets 4.76 5.7t (c ) other Intangible [Showing first 8,000 characters — download PDF for full document]