Result_Financial Statement 30th September 2026

R R C . AMPURIA & OMPANY Chartered Accountants Independent Auditor's Review Report on the Quarter and Half Year ended Unaudited Standalone Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. Review Report to The Board of Directors NTC Industries Limited 1. We have reviewed the accompanying Statement of Unaudited Standalone Financial Results of NTC Industries Limited (“the Company”) for the quarter and half year ended September 30, 2026 (“the statement”) attached herewith, being submitted by the company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 2. This statement, which is the responsibility of the Company’s Management and approved by the Company’s Board of Director, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 (Ind AS 34) “Interim Financial Reporting”, prescribed under section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the statement based on our review. 3. We conducted our review of the statement in accordance with the Standard on Review Engagements (SRE) 2410, “Review on Interim Financial Information Performed by the Independent Auditor of the Entity”, issued by the Institute of Chartered Accountants of India (ICAI). A review of interim financial information consists of making inquiries, primarily of the company’s personnel 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 Standard on Auditing specified under section 143(10) of the Companies Act, 2013 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. 4. Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that cause us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting practices generally accepted in India, has not disclosed the information required to be disclosed in terms of the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. Registered Office: 318A, Martin Burn House, 1, R N Mukherjee Road, Kolkata-700 001 Telephone+91 33 46000001, 46000020 R R C . AMPURIA & OMPANY Chartered Accountants 5. We draw attention to Note 3. of the Statement. It describes the Company's investment in 0.001% Optionally Convertible Debentures of Creando Associates Private Limited. In view of the investee's financial position, the Company has, during the quarter, recognised a loss of ₹ 295.00 lakh on the remeasurement of the investment and reversed interest/IRR income of ₹ 197.66 lakh accrued on it. Of these amounts, ₹ 295.00 lakh has been shown as an exceptional item. The remaining carrying amount of ₹ 295.00 lakh depends on the investee's ability to raise funds and to meet its redemption obligations. Our conclusion is not modified in respect of this matter. For R. RAMPURIA & COMPANY, Chartered Accountants FRN: 325211E (CA Rajendra Rampuria) (Partner) Membership Number: 108771 Date: 07-11-2026 Place: Kolkata UDIN: 26108771EIKOZW1981 Registered Office: 318A, Martin Burn House, 1, R N Mukherjee Road, Kolkata-700 001 Telephone+91 33 46000001, 46000020 R R C . AMPURIA & OMPANY Chartered Accountants Independent Auditor's Review Report on the Quarter and Half Year ended Unaudited Consolidated Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. Review Report to The Board of Directors NTC Industries Limited 1. We have reviewed the accompanying Statement of Unaudited Consolidated Financial Results of NTC Industries Limited (“the Parent”) and its subsidiaries (the Parent and its subsidiaries together referred to as ‘the Group’) for the quarter and half year ended September 30, 2026 (“the Statement”) being submitted by the Parent pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘the Regulation’) as amended. 2. This statement, which is the responsibility of the Parent’s Management and approved by the Parent’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 (Ind AS 34) “Interim Financial Reporting” prescribed under section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the statement in accordance with the Standard on Review Engagements (SRE) 2410, “Review on Interim Financial Information Performed by the Independent Auditor of the Entity”, issued by the Institute of Chartered Accountants of India (ICAI). A review of interim financial information consists of making inquiries, primarily of Parent’s personnel 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 Companies Act, 2013 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. 4. The Statements include the results of the following entities: - i. NTCIL Realty Private Limited ii. NTCIL Siliguri Estate Private Limited iii. NTCIL Infrastructure Private Limited iv. NTCIL Real Estate Private Limited Registered Office: 318A, Martin Burn House, 1, R N Mukherjee Road, Kolkata-700 001 Telephone+91 33 46000001, 46000020 R R C . AMPURIA & OMPANY Chartered Accountants 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review report of the other auditor, 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 the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. 6. We draw attention to Note 3. of the Statement. It describes the Company's investment in 0.001% Optionally Convertible Debentures of Creando Associates Private Limited. In view of the investee's financial position, the Company has, during the quarter, recognised a loss of ₹ 295.00 lakh on the remeasurement of the investment and reversed interest/IRR income of ₹ 197.66 lakh accrued on it. Of these amounts, ₹ 295.00 lakh has been shown as an exceptional item. The remaining carrying amount of ₹ 295.00 lakh depends on the investee's ability to raise funds and to meet its redemption obligations. Our conclusion is not modified in respect of this matter. For R. RAMPURIA & COMPANY, Chartered Accountants FRN: 325211E (CA Rajendra Rampuria) (Partner) Membership Number: 108771 Date: 07-11-2026 Place: Kolkata UDIN: [Showing first 8,000 characters — download PDF for full document]