Results for the quarter and half year ended 30-09-2026

Foods & Inns November 05, 2026 BSE Limited | National Stock Sichange of India Limited | The General Manager, Department of Corporate | Exchange Plaza, 5th Floor, Plot No. €/1, G Block, Services, P.J. Towers, Dalal Street, Mumbai — | Bandra Kurla Complex, Bandra (East), Mumbai 400 001 | @00 051 | Ecrip Code: 507552 | Symbol: FOODSIN Dear Sir/ Madam, Sub.: Outcome of Board Meeting dated 05t November, 2026 Pursuant to Regulation 30 and Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation 2015, we would like to inform that the Board of Directors of the Company at its meeting held today has inter alia: 1. Approved the Unaudited Financial Results (Standalone and Consolidated) as per IND-AS for the quarter and half year ended September 30, 2026 along with the Limited Review Report of the Auditors is attached as Annexure — A, 2. We wish to inform that based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company in its meeting held today has appointed Mrs. Komal Kartik Patwa, = qualified Company Secretary (Mem. No. A38990) as Company Seeretary & Compliance Officer designated as Key Managerial Personnel of the Company. 3. We wish to inform that based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company in its meeting held today has offered W, Nitin Agarwal the post of Chief Financial officer designated as Key Managerial Personnel of the Company and the same has been accepted by him. Detalls with respect to Change in Key Managerial Persannel (Appointment and Resignation of Company Secretary and Compliance Officer) as required under Regulation 30 read with Part A of Schedule Iil of the SEBI Listing Regulations and SEBI SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024, as amended is provided in Annexure B to this letter. The Board Meeting commenced at 4.00 P.M. and concluded a\‘.‘a <30PM. Kindly take the same on your records. Thanking you, F@ nd Mnf_uhmned Milan Dalal Managing Director DIN: 00062453 Foods & Inns Ltd. Corporate Address: 3rd Floor, Dulwich Mansion, 224 Tardeo Road, Mumbai 400007 +91-22-23533104 | writetous@foodsandinns.com | www.foodsandinns.com | CIN No: L55200MH1967PLCO13837 Registered Address: Udyog Bhavan, 2nd Floor, 29 Walchiand Hirachand Marg, Ballard Estate, Mumbai 400038 5t November 2026 Foods And Inns Limited (Investor Note — Q2 FY'27) Performance: Q2 FY'27 Foods And Inns Limited : Q2 FY'27 Particulars Q2FY'27 Q2FY'26 YoYGrowth | FY'26 Breakup Details Sales Tonnage (In MT) 21,594 20,737 7 a% 1,02,072 -Exports 6,418 8,551 27,855 -Domestic 15,176 12,186 74,216 Sales (In Rs. Crores/-) Kusum Spices : {In Rs 5.51 5.47 5.40 6.66 Business Commentary: a) Sales Performance: Q2 sales volumes in export segment hit our dispatches significantly, our customers deferred the call offs due to high export freight and container availability related issues, impacted by the continuing war situation. Approximately 3,300 MT of finished goods (Rs. 32 Crores) could not be shipped against confirmed order which has spilled over to this quarter. Average realizations declined by 12% YoY, reflecting sales of inventory manufactured during the 2025 crop season at substantially lower raw material costs. Pricing continues to remain a pure pass- through of raw material movements. In Domestic market, we experienced surge in demand for processed Tomato products, which resulted significant growth for the quarter. Fouds & Tans b) Fruit & Vegetable Pulps: *Gauva: We expect significant demand of guava products due to El nino effect caused shortage of water for irrigation and thereby the raw material for processing. World-wide Processed Guava product requirement is increasing. We are continuing with sustained production, due to our continued backward integration activities with farmers, helping us to secure sourcing of raw materials. We are expecting overall guava price to be at higher side. © Tomato: We have started sourcing of tomato for both our Gujarat & Nashik plant production. This year overall tomato crop period is expected to be shorter, hence our efforts is to maximize our production during that period. Spray Dried powders: The division recorded a 8% year-on-year growth in volumes during the quarter, compared to a 14% growth on a half-yearly basis. Plant is running with full capacity and we expect to increase our sales in next two quarters. As anticipated high demand, our expanded capacity, for which the construction is in full swing. We are targeting to start commercial production in January 2027. Frozen Food: Frozen food continues to witness growth with volumes up ~11% and value is up ~27% YoY in Q2 FY'27. Improved realizations reflect a higher contribution from value-added products. We are witnessing a strong growing demand from the US and GCC market. Order position is quite healthy. Kusum Spices: The spice business registered a 0.7% year-on-year growth in Q2 FY27, compared to a 7.3% year-on-year growth on a half-yearly basis. We are expecting to keep growing as per our target and also business restructuring will help us to increase overall margin. Tetra Recart: We are continuing to expand our international presence in Tetra Recart while evaluating additional avenues to enhance capacity utilization. Repeat business from existing customers is a testament to the growing acceptance of our offerings in international markets. Financial update: During the quarter, our profitability impacted due to unforeseen foreign exchange loss as we had entered forward booking in previous financial year against export sales of current financial year. Previous years did not result in such wide volatility. In last nine month Rupee depreciated adversely due to West Asia war which resulted in realised and unrealised forex loss. During the year Rs. 10.62 Crores Forex loss was debited to Statement of Profit & Loss Account. Such transaction loss is one time in nature. Foods & buns Significant event: Online Launch of National Horticulture Board Cluster Development Programme at Foods and Inns Limited, Gonde. The inauguration of horticulture clusters across the country under the National Horticulture Board Cluster Development Programme was virtually launched on 30 October 2026 by the Hon'ble Prime Minister of India, Shri Narendra Modi. The live telecast of the event was organized at Foods and Inns Limited, Gonde as we are the implementing agency for this cluster program, duly selected and acknowledged for our lead in farming sustainability initiatives over the last decade. The primary objective of the programme is to strengthen India's horticulture sector through the adoption of modern technologies, enhancement of agricultural productivity, promotion of value addition, encouragement of exports, and improvement of farmers' income. The initiative is expected to provide farmers with access to modern infrastructure, processing facilities, storage systems, improved market linkages, and export opportunities and Foods and Inns Limited will immensely gain. Nashik (Tomato Cluster) Implementing Agency - Fo s And Inns Limited For more details please visit: www.foodsandinns.com / www.linkedin.com/company/foodsandinns Contact: 1) Email: writetous@foodsandinns.com) 2) Secretarial Department (Email: cs@foodsandinns.com) G. M. KAPADIA & CO. (REGISTERED) CHARTERED ACCOUNTANTS 1007, RAHEJA CHAMBERS, 213, NARIMAN POINT, MUMBAI 400 021. INDIA PHONE : (91-22) 6611 6611 FAX : (91-22) 6611 6600 Independent Auditor’s Review Report on unaudited interim standalone financial results for the quarter and half year ended on September 30, 2026 of Foods and Inns Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 The Board of Directors Foods and Inns Limited 1. We have reviewed the accompanying statement of unaudited interim standalone financial results of Foods and Inns Limited (“the C [Showing first 8,000 characters — download PDF for full document]