Financial Results for Quarter ended September 30, 2026

Registered Office : L A - 201, 2nd Floor, Fortune 2000, . ‘\0= capec B iuacome. | CONSHruckio ng GARUDA Bandra (East), Mumbai — 400 051 R ) L. Contact: 022-3572 2456/ 7963 5174 Engineering Limited Email : compliance@garudaconstructionengineering.com CIN NO. L45400MH2010PLC207963 Web site : www.garudaconstructionengineering.com . (Formerly Known as Garuda Construction and Engineering Private Limited) Date: 04" November, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejebhoy Towers “Exchange Plaza” Dalal Street Bandra-Kurla Complex, Bandra (East) Mumbai - 400 001 Mumbai - 400051 Scrip Code (BSE): 544271 Symbol: GARUDA Sub: Outcome of Board Meeting held on 04" November, 2026. Dear Sir/Madam, Pursuant to the provisions of Regulation 30 and 33 read with Schedule III and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ("SEBI Listing Regulations, 2015") we hereby inform you that, the Board of Directors of the Company at their Meeting held today i.e. 04" November, 2026 has approved the following: 1. Financial Results: a. Approved the Unaudited Standalone Financial Results for the Quarter and Half Year ended September 30, 2026 along with Limited Review Report as received from the . Statutory Auditor of the Company. b. Approved the Unaudited Consolidated Financial Results for the Quarter and Half Year ended September 30, 2026 along with Limited Review Report as received from the Statutory Auditor of the Company. The meeting of the Board of Directors commenced at 09.15 A.M and Concluded at9 *3SA M. Request you to please take the details on record. Thanking You, Limited Review Report on the Standalone Unaudited Quarterly Financial Results of the Company Pursuant to Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors Garuda Construction and Engineering Limited 1) We have reviewed the accompanying statement of Standalone Unaudited Financial Results of Garuda Construction and Engineering Limited (the "Company") for the quarter and half year ended 30 September 2026 (the "Statement"), being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 2) This Statement, which is the responsibility of the Company’s management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 3) 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. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. 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 Standards on Auditing 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. 4) Based on our review conducted as above, 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 the aforesaid Indian Accounting Standards ('Ind AS') specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. For A. T. R. S. & Co Chartered Accountants (Firm Registration No. 328977E) Amit Agarwal Partner Membership No. 303411 Place: Mumbai Dated: 04/11/2026 UDIN: 26303411AKNBKJ1151 Garuda Construction and Engineering Limited CIN: L45400MH2010PLC207963 Registered office: 201, A Wing Fortune 2000, C-3 Block Bandra, Kurla Complex, Bandra (East), Mumbai, Maharashtra, India, 400 051 Phone - 022-26530163 Email Id - admin@gcel.in, Website: www.garudaconstructionengineering.com Statement of Unaudited Standalone Results for the Quarter and Half Year ended 30 September 2026 (in Lakhs) Quarter ended Half Year ended Year ended osr. Parti- culars 30 Se Sp ot ze em be |r 30June 2026 | 30 Se 0p St Bem ber | 30 Se eptem ber | 30 Se hp ate sm ber |31 March 2026 (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | _(Audited) 1 Income Revenue from operations 17,158.91 17,538.17 11,645.62 34,697.08 24,161.27 53,071.52 Other income 102.14 2473 194.40 126.86 346.75 324.17 Total Income 17,261.04 | 17,562.90 | 11,840.01 | 34,823.94 | 24,508.02 | 53,395.69 2 Expenses Cost of Materials Consumed 3,598.45 1,500.70 3,329.11 5,099.15 562449 14,492.33 Construction Expenses 7,584.77 9,875.03 4315.64 17,419.80 10,328.14 20,323.34 Employee Benefis Expenses 11596 117.35 11185 23331 22049 48022 Finance Costs 93.08 5335 0.54 146.43 46.43 27048 Depreciation and Amortisation Expenses 8.30 8.21 6.22 16.51 12.37 28.43 Other Expenses 496.00 4309 447.19 926.95 895.43 1,383.96 Total Expenses 11,856.56 | 11,985.60 8,210.55 | 23,842.17 | 1713635 | 36,978.77 3 |Profit before exceptional items and tax 5,404.48 5,577.29 3,629.47 10,981.78 7,371.67 16,416.92 (1-2) 4 |Exceptional items - 5 2 = 3 5 5 |Profit before Tax (3 - 4) 5,404.48 5577.29 362947 | 10,981.78 737167 | 16,416.92 6 |Taxexpense (a) Current income tax 134238 1,422.00 918.17 2,764.38 1,859.55 4,167.84 (b) Deferred income tax (0.26)| (0.24) (3.19) (0.50) (325) (5.03) 7 |Profit for the period from continuing 4,062.36 4,155.53 2,714.49 8,217.90 5,515.37 12,254.11 operations (5 - 6) 8 |Profit/(Loss) from discontinuing operations - - - - - - 9 Tax expense of discontinuing operations - - - - - - 10 [Profit /(Loss) from discontinuing £ ) T R 3 5 operations (after tax) (8 - 9) 11 |Profit for the period (7 + 10) 4,062.36 4,155.53 2,714.49 8,217.90 5,515.37 12,254.11 12 |Other Comprehensive Income Items not to be reclassified to profit or loss in |subsequent periods: (2) Re-measurement gain/losses) on defined : . [ s benefit plan = (5.35) (b) Tncome Tax effect on above - - = - S 135 - B - - - (4.00)] 13 |Total Comprehensive Income for the 4,062.36 4,155.53 2,714.49 8,217.90 5,515.37 12,250.10 period 14 |Reserves 40,780.05 15 |Details of Equity Share Capital Paid up Equity Share Capital 4,652.09 Face Value of Equity Share Capital (2) 5.00 16 [Earnings per share (a) Basic 437 4.47 292 8.83 593 13.47 (b) Diluted 437 447 292 8.63 593 1317 Garuda Construction and Engineering Limited CIN: L45400MH2010PLC207963 Registered office: 201, A Wing Fortune 2000, C-3 Block Bandra, Kurla Complex, Bandra (East), Mumbai, Maharashtra, India, 400 051 Phone - 022-26530163 Email Id - admin@gcel.in, Website: www.garudaconstructionengineering.com Statement of Unaudited Standalone Cash Flow for the quarter and half year ended 30 September 2026 (% in Lakhs)| Half Year ended Year ended Particulars 30 September 2026 31 March 2026 (Unaudited) (Audited) A: [Cash flow from operating a Net profit before tax 10,981.78 16,416.92 Adjustment for: Depreciation and amortisation expense 16.51 28.43 Interest income (126.86 [Showing first 8,000 characters — download PDF for full document]