Pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors, at the meeting held today, has, inter alia, approved and taken on record the Unaudited Financial Results for the second quarter and half year ended on 30th September 2026. The same is enclosed for your reference, along with the Limited Review Report provided by Mayank Shah & Associates, Statutory Auditors. The ....

4 November, 2026 Bombay Stock Exchange Limited National Stock Exchange of India Limited Corporate Relationships Department Exchange Plaza, C-I, Block G, 1st Floor, New Trading Ring, Rotunda Bandra Kurla Complex, Building, Phiroze Jeejeebhoy Towers, Bandra (E) Dalal Street, Mumbai - 400 001 Mumbai - 400 051 BSE CODE: 523792 NSE CODE: MAZDA Sub: Outcome of Board Meeting held on 4th November, 2026 Dear Sir, Pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors, at the meeting held today, has, inter alia, approved and taken on record the Unaudited Financial Results for the second quarter and half year ended on 30th September 2026. The same is enclosed for your reference, along with the Limited Review Report provided by Mayank Shah & Associates, Statutory Auditors. The Board meeting commenced at 07:00 P.M. and concluded at 7:35 P.M. Please take note of the same. Thanking you Yours faithfully For Mazda Limited Nishith Kayasth Company Secretary Encl: As above MAZDA LIMITED CIN:L29120GJ1990PLC014293 Regd. Office : C/1-39/13/16 GIDC Naroda, Ahmedabad - 382 330 STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER & HALF YEAR ENDED 30/09/2026 (Rs. In Lacs) PART -1 Unaudited Quarter ended Unaudited half year ended a PARTICULARS 30/09/2026 30/06/2026 30/09/2025 30/09/2026 30/09/2025 31/03/2026 1 |Income (a) Revenue from operations 8,317:21 8,033.90 5,083.87 16,351.11 10,046.99 21,205.47 (b) Other Income 38.59 359.49 81.61 398.07 508.38 705.22 Total Income (a+b) 8,355.80 8,393.39 5,165.48 16,749.18 10,555.37 21,910.69 2 |Expenses (a) Cost of materials consumed 4,550.67 2,942.95 3,763.71 7,493.62 5,933.54 13,440.25 (b) Purchase of stock-in-trade ms = i = zs _ (c) (increase) / Decrease in inventories of finished goods, work in progress and stock in (951.05) 1,679.17 (1,726.13) 728.12 (1,333.44) (4,346.95) trade (d) Employee benefit expense 863.46 1,131.44 751.73 1,994.91 1,738.04 3,258.42 (e) Finance cost 19.30 18.25 25.10 37.55 40.64 100.82 (f) Depreciation & amortisation expense 112,30 113.25 103.62 225.55 205.34 417.76 (g) Labour Charges 790.57 608.25 525.30 1,398.82 950.05 2,121.96 (h) Other Expenses 809.75 938.51 722.54 1,748.26 1,389.20 3,282.44 Total expenses (a to h) 6,195.01 7,431.83 4,165.87 13,626.83 8,923.37 18,274.70 3 ePr xo cf ei pt t / i o( nL ao lss i) t f er mso m ( 1o -p 2e ) rations before 2,160.79 961.56 999.61 3,122.35 1,632.00 3,635.99 4 Exceptional Items - - . - - - eg hoki accede OL 961.56 999.61 3,122.35 | 1,632.00 | 3,635.99 6 |Tax Expenses (a) Current Tax 477.50 161.50 250.60 639.00 313.00 877.82 (b) Deferred Tax 66.35 66.63 (9.24) 132.98 69.27 7.30 [rote Lees) nertaediinary scnv ines 1,616.94 733.43 758.25 2,350.37 1,249.73 2,750.87 after tax (5-6) 8 |Other Comprehensive Income 8A |Items that will not be reclassified to profit or loss: (a) lease benefit of defined benefit (36.18) (36.18) (21.55) (72.38) (43.09) (144.72) (ii) Income tax expense on remeasurement benefit of defined benefit plans 9.11 9.14 9.42 18.21 10.85 36.42 (b) ( ei q) uiN te yt If na sir t rv ua ml eu ne t sga tin h/ r( ol uo gs hs) O o Cn I investments in (19.81) 7.80 31.20 (12.01) 45.01 22.65 ( ii ni) s tI rn uc meo nm te s t ta hx r e oux gp he n Os Ce I on investments in equity 2.83 (1.12) (4.46) y Mar (6.44) (3.24) 8B |(i) Items that will be reclassified to profit or loss - - - + - - (ii) Income Tax relating to items that will be x reclassified to profit ar loss - "i i. - : Total Comprehensive Income (44.05) (20.39) 10.62 (64.44) 6.33 (88.89) 9 | Total Comprehensive Income For The Period 1,572.88 713.04 768.86 2,285.93 1,256.06 2,661.98 oo ere male ee 400.50 400.50 400.50 400.50 400.50 400.50 11 | Other equity excluding Revaluation Reserve 24,533.20 42 Basic and Diluted Earnings Per Share (EPS) 8.07 3.66 3.79 11.74 6.24 13.74 (Rs.) MAZDA LIMITED CIN:L29120GJ1990PLC014293 Regd. Office : C/1-39/13/16 GIDC Naroda, Ahmedabad - 382 330 SEGMENTWISE REVENUE AND RESULTS FOR THE QUARTER & HALF YEAR ENDED 30/09/2026 (Rs. In Lacs) PART - | Unaudited Quarter ended Unaudited half year ended ae PARTICULARS 30/09/2026 30/06/2026 30/09/2025 30/09/2026 30/09/2025 31/03/2026 1 |Segment revenue (a) Engineering Division 7,039.25 6,738.88 4,254.73 13,778.13 8,491.85 17,649.91 (b) Food Division 1,277.96 1,295.02 829.14 2,572.98 1,555.14 3,555:57 Revenue from operations 8,317.21 8,033.90 5,083.87 16,351.11 10,046.99 21,205.47 2 |Segment results [Profit/(Loss) before tax from each segment] (a) Engineering Division 2,447.93 1,160.54 4,212.26 3,608.47 2,027.15 4,551.70 (b) Food Division 159.14 179.43 144.56 338.57 176.30 402.55 Total 2,607.07 1,339.97 1,356.82 3,947.04 2,203.45 4,954.26 3 Less : Finance Costs 19.30 18.25 25.10 37.55 40.64 100.82 4 Less: Other Un-allocable Expenditure 417.86 687.75 374.67 1,105.61 973.53 1,643.05 5 |Add: Un-allocable Income (9.12) 327.59 42.56 318.47 442,72 425.59 & |Profit before Tax 2,160.79 961.56 999.61 3,122.35 1,632.00 3,635.99 SEGMENTWISE ASSETS AND LIABILITIES FOR THE QUARTER & HALF YEAR ENDED 30/09/2026 (Rs. In Lacs) PART- Il Unaudited Quarter ended Unaudited half year ended a PARTICULARS 30/09/2026 30/06/2026 30/09/2025 30/09/2026 30/09/2025 31/03/2026 1 |Segment Assets a) Engineering 15,111.98 15,721.70 12,020.51 15,111.98 12,020.51 16,369.97 b) Food 6,302.22 6,264.48 5,801.74 6,302.22 5,801.74 6,367.40 Total Segment Assets 21,414.20 21,986.18 17,822.25 21,414.20 17,822.26 22,737.37 c) Unallocable Assets 11,969.91 10,324.62 10,899.16 11,969.91 10,899.16 8,752.30 Total Assets 33,384.11 32,310.80 28,721.41 33,384.11 28,721.41 31,489.67 2 |Segment Liabilities a) Engineering 4,418.41 4,585.31 3,387.70 4,418.41 3,387.70 4,658.37 b) Food 339.61 644.29 419.17 339.61 419.17 618.34 Total Segment Liabilities 4,758.02 5,229.60 3,806.87 4,758.02 3,806.87 5,276.71 c) Unallocable Liabilities 2,207.45 1,434.45 1,386.76 2,207.45 1,386.76 1,279.26 Total Liabilities 6,965.47 6,664.06 5,193.63 6,965.47 5,193.63 6,555.97 T w w mh h s ptU: ah Rn ne ua ilu I e ed n i sdt 3- (e A Id S no fS a t as C na p on Ard m cea p csl a oco n urn i nie b te e isF d ni gn u (a n Sin d tnc e d ai ir na al d nS a eR rc Ae dts c siu c )ol o n At u s mn1 t e3h i n3a n dv go me f et Sb nh te e tae n sCn d o a Rmp r ur p lde esa sp )n ,a i r 2e Re 0usd l 1 e 6Ai sc .n ,t , a c 2 2c 0 0o 1 1r 3 5d a rn aec nae d d 2 A a 2 ff ip 0t n2pe a6rr n. o cr iv Te ae lv hd i e e et w sh s ue tb a ty tS ut t t fah o one r rd y A a hu al ed uo i dn qit ue t C o rf ro ti sm n m a rhni ac at i v nt a e de l e hcr, aae lrst fruh il ye t e e s d aB ro a o ta u e tr nt d h da e e io r l df i mmD Siei etr e e pe t d tc i t en ro mg er b vs ei h e ro ef wl 3d t 0 oh ,foe n 2t C 0hN e 2o 6om s .vp t ea am nn b dy ae lrh o a n4s e, 3. T seh ge m ec no tm sp ”.a ny S eh ga ms e nr te po cr ot me pd o ss ie tg iom ne n ct o ni sn if so tr sm at oi fo n T wa os p se er g min ed n tA sS i.1 e.0 8 E n" gO ip ner ea et ri in ng g Division & Food Division. S r ofee fsg ip cm e e,e c tn Mit v u e m a bss aes ige mt os e f n fit& cs e a &li n a Ib di n l vtit ehi soe tss me e f a ni sg tsu sr e e hts as v&g e i l bv ie eabn ei nli a t sib e ho s o v f we o nr ca aor sre p uo nd r ai a lr t le oec ct l asy be ir evi .id cen et si f fi oa rb l He e at do 4. Figures of previous periods/year have been regrouped / reclassified wherever considered necessary. FOR MAZDA LIMITED PERCY AVARI WHOLE-TIME DIRECTOR Date:04/11 12026 Place: Ahmedabad MAZDA LIMITED BALANCE SHEET AS AT 30th SEPTEMBER 2026 (Amt in Rs. Lacs) Particulars AS AT AS AT 30th SEPTEMBER 2026 31ST MARCH, 2026 Unaudited Audited ASSETS Non-Current Assets Property, Plant and Equipment 7,044.83 7,137.16 Capital Work-in-Progress - 1.01 Investment Property 275.23 278.03 Other Intangible Assets 23.16 19.45 Financial Assets Investments 229.79 241.80 Loans 7.30 4,82 Other Financial Assets 169.21 169.14 Other Non-current Assets 7.07 31.45 Income Tax Assets (n [Showing first 8,000 characters — download PDF for full document]