Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended on 30th September, 2026

( INDIA) LTD. Ref. No: EIL/SD/OBM/Regl.-30/2026-2027/0411 Date : 04th November, 2026 To, To, General Manager (Listing) Listing Department BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra – Kurla Complex, Dalal Street, Fort, Mumbai - 400 001 Bandra (East), Mumbai – 400 051 COMPANY CODE : 526608 COMPANY CODE : ELECTHERM Dear Sir / Madam, Sub: Outcome of Board Meeting held on 04th November, 2026: This is to inform you that the Board of Directors (“Board”) of the Company at their meeting held on 04th November, 2026 has, inter-alia, considered and approved the following: 1. Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended on 30th September, 2026. Copy of Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended on 30th September, 2026 along with limited review report are enclosed herewith. 2. Variation of powers of Mr. Shailesh Bhandari (DIN: 00058866), Managing Director designated as Executive Vice Chairman with effect from 04th November, 2026 during his current term i.e., upto 31st January, 2031, subject to approval of shareholders of the Company. The brief details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations, 2015”) read with SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026 ("SEBI Master Circular") are attached as Annexure – A. 3. Postal Ballot Notice for seeking approval of the Members of the Company, by way of Special Resolution for ‘Variation of powers of Mr. Shailesh Bhandari (DIN: 00058866), Managing Director designated as Executive Vice Chairman’ and appointed Mr. Arvind Gaudana, Senior Partner or falling him Mr. Bhavya Gaudana, Partner of Gaudana & Gaudana, Practising Company Secretaries and authorised Executive Directors and Company Secretary to send Postal Ballot Notice to all the Members of the Company under the provisions of the Companies Act, 2013 read with rules made thereunder. ELECTROTHERM (India) Limited REGD. OFFICE: 502, Parshwa Tower, Opp. Tej Motors, Nr. Madhur HEAD OFFICE & WORKS: Hotel, Sarkhej Gandhinagar Highway, Survey No. 72, Palodia, (Via Thaltej, Ahmedabad), Gujarat-382115, India. Bodakdev, Ahmedabad – 380054 Phone: +91-2717-660550 Phone: +91-2717-660550 Email: ho@electrotherm.com│Website: www.electrotherm.com CIN : L29249GJ1986PLC009126 Email: sec@electrotherm.com Other Offices: AngulBanglore Bangladesh  Bellary  Chennai  Coimbatore  Delhi  Ghaziabad  Goa  Hyderabad  Jaipur Jalna Jalandhar  Jamnagar  Jamshedpur  Kanpur Koderma Kolhapur  Kolkata  Ludhiana MandiGobindgarh Mumbai  Nagpur  Nasik Panaji Pune  Raipur Raigarh Rajkot  Rourkela Sambalpur ( INDIA) LTD. The Board Meeting commenced at 02:45 p.m. and concluded at 04:30 p.m. on 04th November, 2026. You are requested to kindly take the same on your record. Thanking you Yours faithfully, For Electrotherm (India) Limited Fageshkumar R. Soni Company Secretary & Compliance Officer Membership No.: F8218 ELECTROTHERM (India) Limited REGD. OFFICE: 502, Parshwa Tower, Opp. Tej Motors, Nr. Madhur HEAD OFFICE & WORKS: Hotel, Sarkhej Gandhinagar Highway, Survey No. 72, Palodia, (Via Thaltej, Ahmedabad), Gujarat-382115, India. Bodakdev, Ahmedabad – 380054 Phone: +91-2717-660550 Phone: +91-2717-660550 Email: ho@electrotherm.com│Website: www.electrotherm.com CIN : L29249GJ1986PLC009126 Email: sec@electrotherm.com Other Offices: AngulBanglore Bangladesh  Bellary  Chennai  Coimbatore  Delhi  Ghaziabad  Goa  Hyderabad  Jaipur Jalna Jalandhar  Jamnagar  Jamshedpur  Kanpur Koderma Kolhapur  Kolkata  Ludhiana MandiGobindgarh Mumbai  Nagpur  Nasik Panaji Pune  Raipur Raigarh Rajkot  Rourkela Sambalpur ELECTROTHERM (INDIA) LIMITED Registered Office : 502, Parshwa Tower, Opp. Tej Motors, Nr. Madhur Hotel, Sarkhej Gandhinagar Hlghway,Bodakdev, Ahmedabad - 380054 Phone: +91-2717-660550 E-mail: sec@electrotherm.com Website: www.electrotherm.com CIN: L29249GJ1986PLC009126 Statement of Unaudited Standalone Financial Results For The Quarter and Half Year Ended on 30th September, 2026 (Rs. In Crores Except Earning Per Share) Standalone Quarter Ended Half Year Ended Year Ended Sr. 30-09-26 30-06-26 30-09-25 30-09-26 30-09-25 31-03-26 Particulars No. Unaudited Unaudited Unaudited Unaudited Unaudited Audited I. Revenue from Operations 912.43 913.38 814.26 1,825.81 1,648.31 3,692.09 II. Other income 0.88 1.50 1.33 2.38 2.10 4.45 Ill. Total Income (1+11) 913.31 914.88 815.59 1,828.19 1,650.41 3,696.54 IV. Expenses: (a) Cost of materials consumed 692.48 713.74 589.65 1,406.22 1,235.64 2,680.19 (b) Purchases of stock-in-trade 0.19 0.19 (c) Changes in inventories of finished goods, work-in-progress and (27.04) (63.29) 3.90 (90.33) (65.93) 29.70 stock-in-trade (d) Employee benefits expenses 64.00 56.37 58.11 120.37 109.00 218.31 (e ) Finance Costs 2.61 3.97 7.18 6.58 15.37 24.13 (f) Depreciation and amortisation expenses 11.24 11.13 10.54 22.37 21.11 43.28 (g) Other expenses 197.41 184.17 174.73 381.58 329.80 720.55 Total Expenses (IV) 940.70 906.09 844.11 1,846.79 1,645.18 3,716.35 V. Profit I (Loss) before exceptional items and tax(llI-IV) (27.39) 8.79 (28.52) (18.60) 5.23 (19.81) VI. Exceptional items Galnl(Loss) (3.62) VII. Profit I (Loss) before tax (V+VI) (27.39) 8.79 (28.52) (18.60) 5.23 (23.43) VIII. Tax expense Deferred Tax (7.33) 1.93 (6.81) {5.40) (0.74) (7.25) IX. Net Profit I (Loss) after Tax (VII-VIII) (:;!0.06) 6.86 (21.71) (13.20) 5.97 (16.18) X. Other Comprehensive Income I (Loss) A) Items that will not be reclassified to Profit or Loss i) Remeasurement Gain/(Loss) on Defined Benefit Plans 0.13 0.14 (0.69) 0.27 (1.39) 0.54 ii) Income tax relating to items that will not be reclassified to profit - or loss B) Items that will be reclassified to Profit or Loss XI. Total Comprehensive income/(Loss) for the period (IX+X) (19.93) 7.00 (22.40) (12.93) 4.58 (15.64) XII. Paid -up Equity Share Capital (Face value of Rs. 10/-each) 12.74 12.74 12.74 12.74 12.74 12.74 XIII. Other Equity excluding Revaluation Reserve as at March 31st (313.06) XIV. Earnings per equity share (nominal value of shares Rs 10) (Basic & Diluted before exceptional Item) Basic (15.74) 5.39 (17.04) (10.36) 4.68 (9.86) Diluted (15.74) 5.39 (17.04) (10.36) 4.68 (9.86) Earnings per equity share (nominal value of shares Rs 10) (Basic & Diluted after exceptional Item) Basic (15.74) 5.39 (17.04) (10.36) 4.68 (12.70) Diluted (15.74) 5.39 (17.04) (10.36) 4.68 (12.70) .. - - g ET e1) ,.... Notes: The above Standalone Financial Results of Electrotherm (India) Limited (the "Company") for quarter and half year ended September 30, 2026 have been reviewed by the Audit Committee at their meeting held on November 03, 2026 and approved by the Board of Directors at its meeting held on November 04, 2026. 2 As per Ind AS 108 "Operating Segments", if a financial report contains both consolidated financial statements and the standalone financial statements of the Parent Company, segment information may be presented based on the consolidated financial statements. Thus, disclosure required by Regulation 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 on segment information is given in consolidated financial results. 3 (a) The Company defaulted in the payment of loan installments amounting to Rs. 56.00 crore from the quarter ended from September 30, 2025 onwards till September 30, 2026 and the related interest of Rs. 3.81 crore due from March 31, 2026 to September 30, 2026 to Invent Assets Securitization and Reconstruction Private Limited ("Invent ARC"). The company is in negotiation with Invent ARC for rescheduling of the defaulted principal and interest amount. Based on the ongoing discussions, the company managements expects that no further liability towards the loan will arise. (b) The Company has request [Showing first 8,000 characters — download PDF for full document]