APPROVAL OF UNAUDITED FINANCIAL FINANCIAL RESULTS FOR THE QUARTER/HALF YEAR ENDED 30-09-2026

HlNDOOSTAN. ~Utt'> November 04, 2026 The General Manager, . Department of Corporate Services - Listing, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 Scrip Code: 509895 Dear Sir, Sub: Outcome of Board Meeting held on November 04, 2026 Unaudited Financial Results and "Limited Review" Report for the Quarter and Half Year ended September 30, 2026 We wish to inform you that pursuant to Regulation 30 and Regulation 33 of SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015 and modifications, if any, we are enclosing herewith Unaudited Financial Results for the quarter and half year ended September 30, 2026 together with "Limited Review" report by Auditors, as reviewed by the Audit Committee and approved by the Board of Directors at its Meeting held on November 04, 2026. The Meeting of the Board of Directors commenced at 11.00 A.M and concluded at 01.00 P.M. Kindly take the matter on record. Thanking you, Yours faithfully, For HINDOOSTAN MILLS LIMITED, KAUSHIK N KAPASI Company Secretary & Compliance Officer FCS 1479 Registered Office: Shivsagar Estate "D" Block, 8th floor, Dr. Annie Besant Road, Worli, Mumbai 400018, India. T. +91-22-61240700 Email: contact@hindoostan.com CIN: LI 7121MHJ 904PLC000195 www.hindoostan.com HINDOOSTAN MILLS LIMITED Registered Office: Shivsagar Estate, "D" Block, 8th floor, Or. Annie Besant Road, Worli, Mumbai -400018 CIN : Ll 7121MH1904PLC000195 Statement of Unaudited Results for the Quarter and half year ended September 30, 2026 (Rs. in Lakhs) Sr. Particulars Quarter Ended Vear to Date Year Ended No. 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) CONTINUING OPERATIONS I (a) Net Sales/Income from Operations 208.71 198.98 331.21 407.69 684.36 1,416.44 (b) Other Operating Income 10.45 3.17 6.42 13.62 10.92 32.82 Total Revenue from operations 219.16 202.15 337.63 421.31 695.28 1,449.26 Other Income (Refer Note No. 2) 0.60 112.38 16.49 112.98 170.38 140.43 Total Income 219.76 314.53 354.12 534.29 865.66 1,589.69 II Expenses (a) Cost of Materials Consumed 87.89 58.44 143.86 146.33 317.19 691.05 (b) Purchase of Stock -in -Trade 2.23 4.77 11.79 7.00 11.79 13.08 (c) Changes in Inventories of Finished goods, Work in progress and Stock in (0.21) (21.80) 2.31 (22.01) (2.54) (37.24) Trade (d) Employee Benefits Expense 130.42 125.63 128.64 256.05 240.92 479.29 (e) Finance Cost 0.55 3.25 1.81 3.80 3.92 6.61 (f) Depreciation and Amortisation Expenses 34.51 34.03 38.64 68.54 74.10 152.00 (g) Other Expenses 86.28 122.32 90.62 208.60 179.13 385.32 Total Expenses 341.67 326.64 417.67 668.31 824.51 1,690.11 Ill (Loss)/ Profit before Tax from continuing operations (121.91) (12.11) (63.55) (134.02) 41.15 (100.42) IV less : Tax expense -Tax Adiustments of Earlier Years 6.97 v {Loss)/ Profit for the period from continuing operations (121.91) (12.11) (63.55) (134.02) 41.15 (107.39) DISCONTINUED OPERATIONS VI Profit/ (Loss) before tax from discontinued Textile operations {Refer Note No. 47.50 (46.15) (84.14) 1.35 (307.92) (555.29) VII Less: Tax expense of discontinued Textile operation VIII Profit/ {Loss) for the period from discontinued Textile operations 47.50 (46.15) (84.14) 1.35 (307.92) (555.29) IX Net {Loss) for the period (74.41) (58.26) (147.69) (132.67) (266.77) (662.68) x Other Comprehensive lnco"me -Items that will not be reclassified subsequently to profit & loss (0.27) 1.56 (0.27) 1.56 29.78 XI Total Comprehensive (Loss)/ Income for the period (74.68) (58.26) (146.13) (132.94) (265.21) (632.90) XII Paid-up Equity Share Capital {Face value~ 10/-each) 166.45 166.45 166.45 166.45 166.45 166.45 XIII Other Equity 3,116.18 XIV Earnings Per Equity Share from continuing operations Basic & Diluted (7.32) (0.73) (3.82) (8.05) 2.47 (6.45) xv Earnings Per Equity Share from discontinued Textile operations Basic & Diluted 2.85 (2.77) (5.05) 0.08 (18.50) (33.36) XVI Earnings Per Equity Share from continuing and discontinued Textile operations Basic & Diluted (4.47) (3.50) (8.87) (7.97) (16.03) (39.81) See accompanying notes to the Financial Results (Not Annualised) (Not Annualised) (Not Annualised) {Not Annualised) {Not Annualised) (Annualised) Notes: 1) The above financial results as reviewed by the Audit Committee, have been approved and taken on record at the meeting of the Board of Directors held on November 4, 2026. The results are as per Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015 as amended. 2) Other income is after considering fair value gain /(loss) on Mutual fund investment amounting to Rs. (12.65) lakhs for the quarter ended September 30, 2026, Rs. 85.13 lakhs for the quarter ended June 30, 2026, Rs. (2.46) lakhs for the quarter ended September 30, 2025, Rs. 72.48 lakhs for the half year ended September 30, 2026, Rs. 119.73 lakhs for the half year ended September 30, 2025 and Rs. 31.37 lakhs for the year ended March 31, 2026. 3) Notes related to Discontinued Textile operations: (a) In the previous year the Company had discontinued its Textile operations and accordingly related assets were shown as assets held for sale. The management is pursuing its plan to dispose those assets. Land & Building pertaining to the Textile division has been continued to be shown as part of Property Plant and Equipment, as the management does not have plan to dispose of the same, the said land & building may be put to alternative use. As per the requirement of IND AS - 105 "Non-Current Asset held for sale and Discontinued Operations", the result of Discontinued Textile operation have been shown separately in the Statement of Profit & Loss, the details of which are given below: Details of Income & Expenses of Discontinued Textile Operation are given below: (Rs. in Lakhs) Particulars Quarter ended Quarter ended Quarter ended Six months ended Six months ended Year ended 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 Income 85.94 1.20 1.26 87.14 260.98 263.89 Less : Expenses 38.44 47.35 85.40 . 85.79 568.90 819.18 Net (Loss) before tax 47.50 (46.15) (84.14) 1.35 (307.92) (555.29) (b) The interest subsidy under the New Textile Policy 2012 of Rs. 127.73 lakhs recognized by the Company for the period from October 2016 to September 30, 2019, has remained outstanding. The said subsidy ls under process by the Government department. The management is confident of realising the same, as it is dues receivable from the government against the subsidy claims. (c) There are certain labour cases pertaining to textile division, the management is confident that no material liability other than those provided for, will arise from the outcome of those cases. 4) The Company now has only one segment i.e. Engineering Division and hence there is no segment disclosure required. 5) In respect of a joint property development transaction of earlier year, which was subject matter of arbitration award, an appeal is filed before the division bench of Hon'ble Bombay High Court by both the parties against decision of single bench of Hon'ble Bombay High Court and the same is pending as on date. The Company has already made provision of Rs.63.98 lakhs in terms of arbitration award in the FY 2016-17 against the claim by the other party of Rs.1597.39 lakhs plus interest. In view of the Management no further liability is expected. 6) Deferred tax : The Company has not created any Deferred Tax Assets on account of uncertainty of future taxable profit. 7) There was no investor complaint pending at the beginning of the quarter. During the quarter ended Septe r 30, 2026, the Company has received one complaint, disposed off one complaint and hence no complaint is pending as at September 30,2026. /:::::==::::::~ 8) Figures for the earlier periods have been regrouped/ reclassified wherever necessary. Mumbai Dated : 4th November 2026 Hindoostan Mills Limited Unaudited Balance [Showing first 8,000 characters — download PDF for full document]