Financial Results for the quarter and half year ended September 30, 2026

PRAXIS HOME RETAIL LIMITED Date: November 05, 2026 To, To, BSE Limited National Stock Exchange of India Limited Dept. of Corporate Services Listing Department 25th Floor, P J Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai – 400001 Bandra (East), Mumbai – 400051 Script Code: 540901 Script Symbol: PRAXIS Sub.: Outcome of the Board Meeting Dear Sir/Madam, Pursuant to Regulation 30 read with Part A of Schedule III and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company, at its meeting held today, i.e., Thursday, November 05, 2026, inter alia, considered and approved the Unaudited Financial Results of the Company for the quarter and half year ended September 30, 2026, as recommended by the Audit Committee, along with the Limited Review Report issued by the Statutory Auditors of the Company, which are enclosed herewith as Annexure I. The Board Meeting commenced at 16:30 Hours (IST) and concluded at 18:01 Hours (IST). The above information is also being made available on the website of the Company at https://praxisretail.hometown.in/. Kindly take the same on record. Yours faithfully, For Praxis Home Retail Limited Charu Srivastava Company Secretary and Compliance Officer ACS No. 27108 PRAXIS HOME RETAIL LIMITED CIN: L52100MH2011PLC212866 Regd. Off. 2nd Floor, Knowledge House, Shyam Nagar, Off Jogeshwari Vikhroli Link Road, Jogeshwari (East), Mumbai 400 060 Tel: +91 22 4518 4399; website: https://praxisretail.hometown.in/; e-mail: investorrelations@praxisretail.in Annexure-I B2 402B, Marathon lnnova, 4th Floor Singni ~ Co. Ganpatrao Kadam Marg, Lower Parel Mumbai - 400 013 (India) ' ::, +91 (0) 22 6662 5537 / 55338 mumbai@singhico.com ...;1 H::i' u J Independent Auditor's Limited Review Report on Unaudited financial results of Praxis Home Retail Limited for the quarter and half year ended September 30, 2026, pursuant to Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015 (as amended) To ttle Board of Directors of Praxis Home Retail Limited 1. We have reviewed the accompanying statement of unaudited financial results of Praxis Home Retail Limited ('the Company') for the quarter and half year ended September 30, 2026 (the "Statement") attached herewith, being submitted by the Company pursuant to tile requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations"). 2. The Statement, which is the responsibility of the Company's management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting ('Ind AS 34'}, prescribed under Section 133 of the Companies Act, 2013 ('the Act'), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. Scope of the 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. 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 the Standards on Auditing specified under section 143(10) of the Act, 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. Material Uncertainty Related to Going Concern 4. We draw attention to Note 4 to the Statement, which indicates that the Company has incurred a cash loss of t2155.64 lakhs during the half year ended September 30, 2026 and, as of that date, the Company's net worth is negative, amounting to U0,085.14 lakhs. Further, the Company's current liabilities exceeded its current assets by ~8,336.52 lakhs. The Company has also received a notice under the Insolvency and Bankruptcy Code, 2016 from an operational creditor as explained in Note 9 to the Statement. These conditions, along with other matters as set forth in the aforesaid note, indicate that a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern. However, the Statement of the Company have been prepared on a going concern basis based on management's assessment of the Company's ability to meet its obligations. Our conclusion is not modified in respect of this matter. Offic'" Kolkata, Mumbai, Delhi NCR, Chennai, Bangalore, Pune & Raipur Sing/ii el Co. Conclusion 5. 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 Ind AS 34, prescribed under section 133 of the Act, and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. For Singhi & Co. Cha rte red Accountants Firm Re~islralion Nu: 302049E Partner Membership No. 040404 UDIN:2."0~0'-\04A1Z 'tCl.3\ro Place: Mumbai Date: November 05, 2026 Ofi'i:: Kolkata, Mumbai, Delhi NCR, Chennai, Bangalore, Pune & Raipur PRAXI HUME RETAIL LIMITED Praxis Home Retail Limited Regd. Office: 2,d Floor, Knowledge House, Sh yarn Nagar, Off Jogeshwari-Vikhroll Link Road, Jogeshwari (E) Mumbai-400060 CIN: LS7100MH7011 PLC7178fi6 Tel.: D22-4518 4399; Website: www.praxisretail.in; E-mail: lnvestorrelat ons@praxisretail.In Statement of Financial Results for the Quarter and Half Year Ended September 30, 2026 ('tin Lakhs) Quarter ended Half Year Ended Year ended Sr. No.I Particulars 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 (Unaudited)* (Unaudited) (Unaudited)* (Unaudited} (Unaudited) (Audited) 1 Income al Re\·enue :rom Operations 2,505.09 2,660.07 1 2,121.71 5,165.16 4,472.10 9,566.21 b! Other Income 114.39 B7.SO 1,3_qo )4fi.89 31 ,.93 1,185.86 Total Income 2,619.48 2,792.57 2,245.51 5,412.05 4,788.03 10,752.07 2 Expenses a) Purchase of Stock in trade 1,355.89 1,078.68 1,719.4c 2,434.57 2,355.72 4,032.79 b; (lncreasei/Decrease in Inventories of Stock in trade .39. 7'i 431 14 (572.56) 470.89 360.63 1,494.91 c) Employee Berefih Expenses 582.22 557.13 457.72 1,139.35 978.94 1,915.59 di Finance Costs 'i60.49 561.87 486,91 :.122.36 977.19 2,117.85 e) Depreciation and Amort sotion expenses 466.02 476.11 518.43 S42.'..3 1,080.38 2,064.02 f) Other Experses 895.27 79414 1,071.49 :,689.41 2,117.73 5,228.41 Total Expenses 3.899.64 3,899.07 3,681.35 7,798.71 7,870.59 :6,853.57 3 Profit/ [Loss) before Exceptional Items and fa• (l-2) (1,280.15) (1,106.50) (1,435.74) (2,.,86.66) (3,082.56) (6,101.50) 4 Exceptional Items [Net] (Refer Note 3) 9,540.00 9,540.00 (560.00) 5 Profit/ (Loss) before Tax and after E«eptional Items (1,280.15) (1,106.50) 8,104.26 (2,386.66) 6,457.44 [6,661.50) 6 Tax Expense ;:1) CurrP.nt Tax i.,] Deb, eu T• • Expe11>e / (Credit) - 7 Profit/(La<s] for the period/year (5-6) [1,280.15) (1,106.50) 8,104.26 (2,386.66) 6,457.44 [6,661.50) O.lu~r Curnµrt>h~11!)ive lm:oTie Items that will not be redas.sified ta Profit & Loss (d:1R ernecisurements of Defined benefit plans - (26.29) (bl lnc:,me Tax relating to above - 8 Other Comprehensive In [Showing first 8,000 characters — download PDF for full document]