Submission of Unaudited Financial Results along with Limited Review Report for the quarter and half year ended September 30, 2026

Date: 14.11.2026 Department of Corporate Services, BSE Limited, P. J. Towers, Dalal Street, Mumbai- 400001 BSE Scrip Code: 531813 and Scrip Id: GANGAPA Sub: Submission of Unaudited Financial Results & Limited Review Report for the quarter and half year ended 30th September, 2026 Dear Sir/Ma’am, In terms of Regulation 33 of Securities & Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Unaudited Financial Results for the quarter and half year ended 30th September, 2026 as approved by the Board of Directors of the Company in its Board Meeting held on Saturday, November 14, 2026, along with Limited Review Report of Statutory Auditors M/s. Ram K Raj & Associates, Chartered Accountants (ICAI Firm Registration No. 002093C), Varanasi. A copy of the said Unaudited Financial Results together with the Statutory Auditors’ Limited Review Report for the quarter and half year ended 30th September, 2026, are enclosed herewith as Annexure 1. The meeting of the Board commenced at 03:00 P.M. and concluded at 04:15 P.M. This will also be hosted on the Company’s website at https://www.gangapapers.in/ You are requested to take the above information on record. Thanking you. Yours faithfully, For Ganga Papers India Limited CS Yash Mishra (Company Secretary & Compliance Officer) Membership No.: A73746 Note: The aforementioned is annexed with this letter. GANGA PAPERS INDIA LTD. CIN: L21012MH1985PTC035575 Registered Address: 241, Village Bebedohal, Tal. Maval, Pune, Maharashtra, India, 410506 Mob.: +91 6386208117, +91 9156216063 Email Id: info@gangapapers.com website: www.gangapapers.com GANGA PAPERS INDIA LTD. ‘Statement of Unaudited Financi Results for the Quarter and Half year ended 30th September, 2026 Rs. In Lacs) sr. || Particulars Quarter Ended Half Year Ended EYnedaerd No. 30002026 | 30062026 | 30092025 | 30-09-20% | 30-09-2025 | 31-03-2026 (Unaudited) | (Unaudited) | (Unaudited] | (Unaudited) | (Unaudited) | (Audited) Revenue (a) Revenue from || Operations (net) 933783 | 860085 7,08971 1703868 | 1320576 | 28,02360 Il |_(b)Other Income 265 211 298 476 4.90 17.16 Il | Total Revenue (i+Ii) 934048 | 860296 7,062.69 17,943.44 | 13,300.66 | 26,04076 IV [Expenses (a) Cost of Material (Cbo) nsPuurmcehda se of Stock-in- 5,804.01 8,193.30 5,934 39 14,087.31 10,531.33 21,501.80 trade - = . - - - (c) Change in Inventories of finished goods, Work-in-progress and Stock- in-trade 276.31 (296.83) (57.40) (20.52) 182.76 496.54 (d) Excise Duty - . = = = - (e) Employee Benefits Expense 6120 8520 76.99 176.40 149,68 207.70 (0 Finance Costs 45,06 56,01 78.92 103.07 142.75 31025 (g) Depreciation and Amortisation Expense 56.17 5618 58.50 116.35 11754 236.03 (h) Other Expenses 2,900.88 438.41 92063 333929 2,094.64 4,97284 Total Expenses 9.26563 | 8,536.27 7,022.03 1780180 | 1321870 | 2781516 Profit before exceptional \i items and tax (III-1V) 74.85 66.69 40.66 14154 81.96 22559 VI | Exceptional tems - - - = & p il Profit before tax (V-VI) 74.85 66.69 4066 141.54 81.96 225.59 VIl | Tax Expenses - (( ii i) ) DC eu fr er re rn et d T Ta ax x 1 35. 71 31 13 3. 70 35 905 53 6 28 7. .1 46 6 191 .6 03 0 2 405 .. 60 66 Profit for the Period (VII - X | v 56.01 4991 3057 105.92 6133 150.87 Other Comprehensive X | Income s - - - - . Total Comprehensive XI Income (IX+X) 56.01 49.91 3057 105.92 61.33 159.87 Xxn Paid up equity share capital 1,078.89 1,078.89 1,078.89 1,078.89 1,078.89 1,078.89 (Face value Rs.10/- per share) Earning Per Share(EPS), X Eq. share of Rs.10/- each | Basic and Diluted EPS (not | annualised) 052 046 028 098 057 148 7 i abore et v b evved by e oo appcvmdty s BoedofCecirs i 5 TR6Kg ko 1 v, 202 v o Uroted Reviw oy Satdony Asitors e Compary 2 T Company s tusness actity fas wihina single primary businoss sagmant iz Papor Marufacur 3 The fiqures or e previousperis have oo regrpecieaTanged, wherever necessary . Tho Statiory audtors of the Company hav camect ot it v of e above o standalons fnancel esuts o the quariechal yea encd 0t Septamber, 2026 0 e 5suat Un i reviow o, T v ot of 1 Sy alors S bor i wih e B L1 (ESE g ot svalet o Gy Date : 14112026 erS ing, Order of the Board Place : Pune apers India Limited GANGA PAPERS INDIA CIN: L21012MH1985PTC035575 Registered Address: 241, Village Bebedohal, Tal. Maval, Pune, Maharashtra, India, 410506 Mob.: +91 6386208117, +91 9156216063 Email Id: info@gangapapers.com website: www.gangapapers.com GANGA PAPERS INDIALTD. Unaudited Balance Sheet as at 30th September, 2026 o - (Rs. in Lacs) As at As at sr. 30/09/2026 31/03/2026 No. Particulars Unaudited Audited ASSETS 1 | Non-Current Assets (a) Property, Plant & Equipment 2,181.66 2,298.01 (b) Financial Assets Investments 1.55 1.55 Other Financial Assets 631 6.31 | () Other Non-current Assets 1222 12.79 Total Non-current Assets 220173 2,318.66 2 | Current Assets (a) Inventories 1,834.01 2,437.70 (b) Financial Assets Trade Receivables 5,104.46 4,13035 Cash and Cash Equivalents 1087 405.18 Bank Balances other than Cash and Cash Eq. 329.40 12341 (c) Other current Assets 742,94 61652 Total Current Assets 8,021.68 7.713.16 TOTAL - ASSETS 10,223.41 10,031.82 EQUITY AND LIABILITIES 1 | Equity: | (a) Equity Share Capital 1,078.89 1,078.89 (b) Other Equity 225301 2,147.09 Total Equity 3,331.90 3,225.98 2 | Liabilities Non-Current Liabilities (2) Financial Liabilties Borrowings 7316 40822 (b) Deferred Tax Liabilties (net) 216.16 208.70 Total Non-current Liabilities 289.32 616.92 Current Liabilities (a) Financial Liabiltties Borrowings 3,660.28 4,023.14 Trade Payables 232312 1,606.41 (b) Other Current Liabilties 32356 325.44 (c) Provisions 29523 23393 Total Current Liabilities 6,602.19 6,188.92 TOTAL - EQUITY AND LIABILITIES 10,223.41 10,031.82 Date : 14.11.2026 Place: Pune GANGA PAPERS INDIA LTD. CIN: 121012MH1985PTC035575 Registered Address: 241, Village Bebedohal, Tal. Maval, Pune, Maharashtra, India, 410506 Mob.: +91 6386208117, +91 9156216063 Email Id: info@gangapapers.com website: www.gangapapers.com GANGA PAPERS INDIA LTD. Unaudited Cash Flow Statement For the Half year ended 30th September, 2026 (Rs. In Lacs) For the half year | For the half year For the year ended on ended on ended on 30.09.2026 30.09.2025 31.03.2026 Unaudited Unaudited Audited (A) CASH FLOW FROM OPERATING ACTIVITIES Profit Before Tax 14155 8195 22559 Adjustments for Depreciation and Amortisation Expenses 116.35 11754 236,03 Non Operating Interest Income (4.48) (4.03) (8.08) Interest Expenses 91.41 125.33 28413 Income Tax Refund - = - Other Adjustments - - 5 Operative Profit Before Working Capital Changes 34483 32079 737.67 Adjustments for Inventories 603.70 (s83.07) | (780.29) Trade and Other Receivables (1,100.53) (382.21) (504.30) Trade and Other Payables 764.55 324.34 423.39 Cash Generated from Oprations. 61255 (300.15) (12353) Income Tax Paid (16.59) - (68.33) Net Cash Generated by Operating Activities 595.96 (300.15) (191.86) (B) CASH FLOW FROM INVESTING ACTIVITIES Purchase of Fixed Assets - (59.47) (794.51) Receipt from Government Authorities 057 - - Deposits with Govemment Authorities - - (0.57) Investment in Fixed Deposits and Bonds (205.98) (49.44) 735.04 Redemption of Fixed Deposits. - 9318 (38.08) Interest Income on Loan Given - - 7819 Interest on Fixed Deposits and Bonds 4.48 403 8.08 Net Cash used in Investing Activities (200.93) (11.70) (11.85) (C) CASH FLOW FROM FINANCING ACTIVITIES Loan from Related Party - - 350.00 Repayment of Related Party Loan (337.74) - 2096 Term Loan from Bank 267 - - Repayment of Term Loan - (7.61) (9.41) Repayment of Deferred Payment Liabilties - - - Interest Paid (91.41) (125.33) (284.13) Working Capttal Loan (Net) (362.87) 517.21 512.33 Net Cash used in Financing Activities (789.35) 384.27 508.76 (D) Net Increse/(Decrease) in Cash & Cash Equivalents (394.31) 7243 395.04 Cash & Cash Equivalents at the beginning of the year 405.18 1015 10.15 Cash & Cash Equivalents at the end of the year 1087 8258 405.18 Date : 14 [Showing first 8,000 characters — download PDF for full document]