GIPCL UFR OF Q2 and H1 of FY 2026-27 ended on 30/09/2026

GUJARAT INDUSTRIES POWER COMPANY LTD. Regd. Office: P.O. Ranoli - 391350, Dist. Vadodara, Gujarat - INDIA CIN: L99999GJ1985PLCOO786 Ref.: SE/Reg.30/BM Outcome/2026 Date: 05th November, 2026 The General Manager The General Manager Corporate Relations Department Listing Department BSE Ltd. National Stock Exchange of India Ltd. 1st Floor, New Trading Ring "Exchange Plaza", C-I, Block 'G', Sir Phiroze Jeejeebhoy Towers, Dalal Street, Bandra-Kurla Complex, Bandra (East) Mumbai: 400001. Mumbai: 400051. Scrip Code: 517300 Scrip Symbol: GIPCL. REF.: REGULATIONS 30 & 33 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS REGULATIONS), 2015 (LODR). SUB.: OUTCOME OF BOARD MEETING: STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE SECOND QUARTER (Q2) & HALF YEAR (H1) OF FY 2026-27 ENDED ON 30TH SEPTEMBER, 2026. Dear Sir I Madam, This is to inform that, the Board of Directors of the Company, has at its Meeting held today i.e. on 05th November, 2026, inter alia, approved the Standalone Unaudited Financial Results (UFR) for the Second Quarter (Q2) & Half Year (H1) of FY 2026-27 ended on 30th September, 2026, as recommended by the Audit Committee. Pursuant to the said Regulation 33, we are enclosing the following: I. Standalone Unaudited Financial Results (UFR) for the Second Quarter (Q2) and Half Year (H1) of FY 2026-27 ended on 30th September, 2026; and II. Limited Review Report dated 05th November, 2026 issued by the Statutory Auditors of the Company Mis. K C Mehta & Co. LLP, Vadodara thereon. The aforesaid Standalone Unaudited Financial Results are being also posted on the Company's website. The Board Meeting was commenced at 02:50 p.m. and concluded at 04:10 p.m. Kindly take the above on your records. Thanking you, Yours faithfully, Encl.: as above Regd. Office & Vadodara Plant: Surat lignite Power Plant: P.O. Ranoli -391350, Dlst. Vadodara, Gujarat -INDIA 150Il001, '4001 Village: Nani Narcli, Tal. Mangrol, Dist: Surat 394110 Gujarat. INDIA Phone: EPABX (0265) 2232768 Fax: 2230029 1 "1O "C1 '1 ', '~ 'O 'O 'l Phone: EPABX (02629) 261063 to 261072 Fax: 261080 Email: csIDgiDCI.com Email: genslpp@gipcl.com Website: www.gipcl.com GUJARAT INDUSTRIES POWER COMPANY LIMITED Regd. Office: P.O. RanoH -391350, Dist. Vadodara (Gujarat) Tel. No. (0265) 2232768, Fax No. (0265) 2230029, EmaillD: Investors@gipcl.com Website: www.gipcl.com. CIN - L99999GJ1985PLC007868 STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED ON 30TH SEPTEMBER 2026 Rs in Lakhs Sr. Particulars Quarter Preceding Corresponding Year to date Year to date Previous No. ended Quarter Quarter ended figures for the figures for the Year ended ended current period previous ended period ended 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 Unaudited Unaudited Unaudited Unaudited Unaudited Audited Income from Operations I Revenue from Operation 43,115.52 49,927.77 32,139.53 93,043.29 69,291.84 1,49,112.30 II Other Income 2,246.79 11,203.18 2,090.79 13,449.97 4,019.88 9,510.81 III Total Income (1+11) 45,362.31 61,130.95 34,230.32 1,06,493.26 73,311.72 1,58,623.11 IV Expenses Cost of material consumed 13,288.75 16,382.41 12,083.21 29,671.16 30,372.47 59,606.57 Generation Expenses 6,536.83 4,775.27 5,468.23 11,312.10 9,115.97 17,109.29 Employee benefits expenses 4,770.99 3,543.63 2,720.06 8,314.62 5,603.55 13,963.57 Finance costs 5,121.91 5,108.51 1,818.40 10,230.42 2,508.87 11,070.54 Depreciation and amortization 9,249.95 9,139.70 6,421.79 18,389.65 10,995.55 27,749.55 Other Expenses 1,192.79 1,063.07 1,092.07 2,255.86 2,156.30 4,657.06 Total Expenses 40,161.22 40,012.59 29,603.76 80,173.81 60,752.71 1,34,156.58 V Profit before tax (III·IV) 5,201.09 21,118.36 4,626.56 26,319.45 12,559.01 24,466.53 VI Tax Expenses Current Tax 581.32 4,876.36 669.03 5,457.68 2,194.98 3,413.04 Deferred Tax a) Origination and reversal 696.22 452.30 1,827.96 1,148.52 2,487.83 6,843.60 Profit before impact of deferred tax 3,923.55 15,789.70 2,129.57 19,713.25 7,876.20 14,209.89 upon transition to new tax regime b) Impact of transition to new tax - - - - - (26,030.83) regime VII Profit for the period/year (V-VI) 3,923.55 15,789.70 2,129.57 19,713.25 7,876.20 40,240.72 VIII Other Comprehensive Income Remeasurement of Defined Benefit 41.47 (178.81) 102.94 (137.34) 2.96 (715.26) Obligations Equity instruments through OCI (175.37) 609.58 (823.86) 434.21 (254.74) (924.88) (i) Items that will not be (133.90) 430.77 (720.92) 296.87 (251.78) (1,640.14) reclassified to profit or loss (ii) Income Tax relating to items 18.77 (38.04) (1.68) (19.27) (54.07) (609.04) that will not be reclassified to profit or loss Total Other Comprehensive (115.13) 392.73 (722.60) 277.60 (305.85) (2,249.18) Income (net of tax) (i) + (ii) IX Total Comprehensive Income for 3,808.42 16,182.43 1,406.97 19,990.85 7,570.35 37,991.54 the Period (VII+VIII) (Comprising Profit and Other Comprehensive Income for the period/year) X Earnings per equity share of Rs. 10/-each: (not annualised) a) Basic (Rs.) --! 2.53 10.17 1.37 12.70 5.07 25.93 &;:;..... \7b) Diluted (Rs.14"TA 2.53 10.17 1.37 12.70 5-.07 25.93 ~ Firm Regn. No. ,\.. " (!Q ~ PO o~ I ~ 1C6237W/W100829 ; RANOLI ~) '=" ~ 391350 0 I..;. ct.f,. VADODARAO ()'>" STATEMENT OF ASSETS AND LIABILITIES AS AT 30TH SEPTEMBER 2026 Rs in lakhs Sr. Particular As at As at No. 30.09.2026 31.03.2026 Unaudited Audited I ASSETS 1 Non-current assets (a) Property, Plant and Equipment 5,67,942.59 5,72,424.63 (b) Mine Development Assets 230.56 333.24 (c) Capital work-in-progress 2,51,624.96 2,06,572.14 (d) Right of Use Assets 28,424.53 28,979.46 (e) Other Intangible assets 74.72 95.42 (f) Financial Assets (i) Investments 10,080.85 9,646.65 (ii) Others 39,187.28 35,812.73 (g) Other non-current assets 8,786.33 7,031.84 Total Non-current Assets 9,06,351.82 8,60,896.11 2 Current assets (a) Inventories 42,226.13 20,833.34 (b) Financial Assets (i) Trade receivables 25,405.99 26,187.32 (ii) Cash and cash equivalents 22,879.98 26,112.56 (iii) Bank balances other than (ii) above 193.71 147.54 (iv) Others 2,442.91 1,858.00 (c) Current Tax Assets (Net) - 3,253.24 (d) Other current assets 3,911.12 3,312.28 Total Current Assets 97,059.84 81,704.28 TOTAL ASSETS 10,03,411.66 9,42,600.39 II EQUITY AND LIABILITIES 1 Equity (a) Equity Share capital 15,521.60 15,521.60 (b) Other Equity 3,82,128.93 3,68,501.93 Total Equity 3,97,650.53 3,84,023.53 2 Deferred Government Grant 36,631.71 37,354.33 liabilities 3 Non-current liabilities (a) Financial Liabilities (i) Borrowings 3,75,841.01 3,24,767.16 (ii) Lease Liabilities 21,305.15 20,619.50 (iii) Other financial liabilities 6,952.34 7,718.92 (b) Provisions 30,739.21 30,715.35 (c) Deferred tax liabilities (Net) 18,410.08 15,877.87 (d) Other non-current liabilities 30,951.96 30,185.38 Total Non-current liabilities 4,84,199.75 4,29,884.18 4 Current liabilities (a) Financial Liabilities (i) Borrowings 17,439.97 12,990.45 (ii) Lease Liabilities 1,040.04 1,040.04 (iii) Trade payables -Total outstanding dues of micro and small enterprises 190.51 319.24 -Total outstanding dues of creditors other than micro and small enterprises 7,324.96 5,375.73 (iv) Other financial liabilities 52,905.68 67,244.14 (b) Other current liabilities 1,053.08 1,645.73 (c) Provisions 2,874.42 2,565.90 (d) Current Tax liabilities (Net) 2,101.01 157.12 Total Current Uabilities 84,929.67 91,338.35 TOTAL EQUITY p.Nttttj\&llITIES 10,03,411.66 - 9,42,600.39 H..-:ii1fegn. NI) ~~~IE8~ ;, \;623 W/Wl00819 ~ ~~ PO. o~ "J ~ ~ - RANOLI DAcCO ~ ~t.. VAOOOAR,t.O "/, )f) • '0'>- STATEMENT OF CASH FLOWS FOR THE HALF YEAR ENDED ON 30TH SEPTEMBER 2026 Rs in Lakhs Particulars For the half year ended For the year ended 30.09.2026 30.09.2025 31.03.2026 Unaudited Unaudited Audited [AI CASH FLOW FROM OPERATING ACTIVITIES Net Profit before tax 26,319.45 12,559.01 24,466.53 Adjustments for: Depreciation 18,389.65 10,995.55 27,749.55 Amortisation of Initial Mines Development Expenditure 102.68 88.02 158.09 Amortisation of Gove [Showing first 8,000 characters — download PDF for full document]