Unaudited Financial Results for the quarter ended June 30, 2026

July 21, 2026 BSE Limited Listing Department, P. J. Towers, Dalal Street, Mumbai – 400 001 (Scrip Code: 500365) Dear Sir/Madam, Subject: Outcome of the Board Meeting held on July 21, 2026 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we wish to inform you that the Board of Directors of the Company, at its meeting held today, i.e. Tuesday, July 21, 2026, inter alia, considered and approved the Unaudited Financial Results of the Company for the quarter ended June 30, 2026. In accordance with Regulation 33 of the SEBI Listing Regulations, the aforesaid Unaudited Financial Results, together with the Limited Review Report issued by the Statutory Auditors thereon, are enclosed herewith. The meeting of the Board of Directors commenced at 12:00 noon and concluded at 3:15 p.m. Kindly take the above information on record. Thanking you. Yours faithfully, For Welspun Specialty Solutions Limited Dipti Modi Company Secretary & Compliance Officer ACS-25460 Encl.: As above 14th Floor, Central B Wing and North C Wing BS R & Co. LLP Nesco IT Park 4, Nesco Center Western Express Highway Chartered Accountants Goregaon (East}, Mumbai - 400 063, India Telephone: +91 (22) 6257 1000 Fax: +91 (22) 6257 1010 Limited Review Report on unaudited financial results of Welspun Specialty Solutions Limited for the quarter ended 30 June 2026 pursuant to Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended To the Board of Directors of Welspun Specialty Solutions Limited 1. We have reviewed the accompanying Statement of unaudited financial results of Welspun Specialty Solutions Limited (hereinafter referred to as "the Company") for the quarter ended 30 June 2026 ("the Statement"). 2. This Statement, which is the responsibility of the Company's management and approved by its 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, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations"). Our responsibility is to issue a report on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 241 O "Review of Interim Financial Information Pelformed 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 Standards on Auditing 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. Attention is drawn to the fact that the figures for the three months ended 31 March 2026 as reported in the Statement are the balancing figures between audited figures in respect of the full previous financial year and the published year to date figures up to the third quarter of the previous financial year. The figures up to the end of the third quarter of previous financial year had only been reviewed and not subjected to audit. 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 the aforesaid Indian Accounting Standard and other accounting principles enerally accepted in India, has not disclosed the information required to be disclosed in terms of ~ ::fl!~Jtli!a.t!ion 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it o. (. . ' <,o 1ngand Norlh lll'l, Nesco Par1<4. Ne Ctnte<. Wes1?m ss Highway. Goregaon (Easl), , t.unbai • 400 063 Registered Office BS R & Co (a panne,sh1p firm wrtl1 Re9is.tiat1on No BAS1223l converted into BS R & Co LLP \a 14th Floor, Central B Wing and North C Wing Nesco tT Par1<. t. Nesco L1mrtect L1ab1l1ty Partnership with LLP Reg1strat10n No A!.£•6181} wrth effect from October \4 2013 Center Western Express H1gh~ay. Goregcon rEastJ Mumba. -400063 Page 1 of 2 BS R & Co. LLP Limited Review Report (Continued) Welspun Specialty Solutions Limited contains any material misstatement. For B R & co:LLP Chartered Accountants Firm's Registration No.:101248W/W-100022 Bhavesh Dhupelia Partner Mumbai Membership No.: 042070 21 July 2026 U DIN: 260420700 FXKNT3106 Page 2 of2 Welspun Specialty Solutions Limited Regd. Office: Plot No. 1, GIDC Industrial Estate, Jhagadia, Dist. Bharuch, Gujarat-393110 Website: www.welspunspecialty.com, Email ID: companysecretary_wssl@welspun.com CIN : L27100GJ1980PLC020358 STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2026 (Rs. Lakhs) Sr. No. Particulars Quarter Ended Year ended (Unaudited) (Audited) (Unaudited) (Audited) /Refer Note 61 30-Jun-26 31-Mar-26 30-Jun-25 31-Mar-26 1 Income a) Revenue from operations 19,367 21,975 20,132 88,620 b) Other income 379 185 970 1,799 Total income (a+b) 19,746 22,160 21,102 90,419 2 Expenses a) Cost of materials consumed 10,908 14,640 13,849 61,402 b) Changes in inventories of finished goods and work-in-progress 1,784 555 969 124 c) Employee benefits expense 1,267 1,310 1,096 4,902 d) Finance costs (Refer Note 5) 518 475 1,080 2,581 e) Depreciation and amortisation expense 441 431 396 1,671 f] Power and Fuel expense 1,804 1,713 1,578 7,026 g) Consumption of stores and spares 1,118 1,264 833 4,809 h) Other expenses 1,432 1,377 1,376 5,668 Total expenses 19 272 21,765 21,177 88,183 3 Profit/ (loss) before tax (1-2) 474 395 (75) 2,236 4 Income tax expense/(credit) a) Current tax - - - . b) Deferred tax (refer note-4) (42) (31) - (31) Total tax expense/(credit) (42) (31) - (31) 5 Net profit/(loss) for the period/year (3-4) 516 426 (75) 2,267 6 Other comprehensive income, net of tax a) Items that will be reclassified to profit or loss (net) Deferred gains/(losses) on cash flow hedges (net) 39 17 75 54 b) Items that will not be reclassified to profit or loss (net) Remeasurements of post employment benefit obligations (3) (8) (3) (104) Total other comprehensive income/(loss), net of tax 36 9 72 (SOI 7 Total comprehensive income/(loss) for the period/year (5+6) 552 435 (3) 2,217 8 Paid up equity share capital (Face value of INR 6/-each) 39,756 39,756 39,756 39,756 9 Other equity 5,898 10 Earnings per equity share (not annualised for the period) (a) Basic (in Rs.) 0.08 0.06 (0.01) 0.34 llbl Diluted lin Rs.l 0.08 0.06 10.011 0.34 Notes: 1 The aforesaid financial results of Welspun Specialty Solutions Limited (the "Company") were reviewed by the Audit Committee and subsequently approved by the Board of Directors of the Company at its meeting held on July 21, 2026. The Statutory Auditors have carried out a Limited review and expressed an unmodified Conclusion on the aforesaid results. 2 The aforesaid financial results of the Company have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (as amended) (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable. 3 The Company is engaged in the business of manufacturing of stainless steel products which in the opinion of the management is a single business segment in the context of Ind AS 108 on "Operating Segment". 4 The Company has unabsorbed tax losses and unabsorb [Showing first 8,000 characters — download PDF for full document]