Unaudited Standalone and Consolidated Financial Results for the quarter ended 30.06.2026

AcCHoMHISIOBK MESCO STEEL 1SO 9001:2008 Partnering Progress Date: August 04, 2026 BSE Limited Corporate Relationship Department Floor 25, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai — 400001 Scrip Code: 540744 | Scrip ID: MESCON Subject: Submission of Unaudited Standalone and Consolidated Financial Results for the Quarter ended June 30, 2026. Dear Sir/ Madam, Pursuant to Regulation 33 and Regulation 30 read with Schedule III 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, Tuesday, August 04, 2026, at New Delhi, has, inter-alia, considered, approved, and taken on record the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30, 2026. Accordingly, please find enclosed herewith the following documents: 1. Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. 2. Limited Review Report issued by the Statutory Auditors of the Company on the Standalone and Consolidated Financial Results. You are requested to kindly take the above information on your records and arrange to disseminate the same on your respective websites. & Thanking you, Yours faithfully, For MIDEAST INTEGRATED STEELS LIMITED Yachi< ka D igyitialily dsicgn ed by Date: 2026.08.04 G Oel 16:03:55 +05'30" Yachika Goel Company Secretary & Compliance Officer A25866 MIDEAST INTEGRATED STEELS LIMITED Corporate Identity No. - L74899DL1992PLC050216 Regd. Off.: Mesco Towers, H-1, Zamrudpur, Community Centre, Kailash Colony, New Delhi - 110 048, India, T: 011-29241099, 40587085, 40587083 Bhubaneswar Office: Mesco Tower 3915, Lewis Road, Kedargouri Square, Bhubaneswar- 751 014, Odisha, T: 0674-2432755/59, Fax: 0674-2432256 Plant: Kalinga Nagar Industrial Complex, Khurunti, P. 0. - Danagadi - 755 026, Dist. Jajpur Odisha, T: 06726-266042/45, 0671-2383100, Fax: 06726-266041 Mumbai Office: Unit No. 401, Silver Pearl Bldg. Water Field Road, Bandra (W), Mumbai - 400 050, T: 022-26603173/75/74 Kolkata Office: 14th Floor, Room No. 1412, 16, Strand Road, Kolkata - 700 001, T: 033-66451214 / 1215 E: info@mescosteel.com, W: www.mescosteel.com e e e Mideast Integrated Steels Limited Regd. Off.: H-1, Zamrudpur Community Centre, Kailash Colony, New Delhi, 110048 ‘Website: www.mescosteel.com; CIN: L74899DL1992PLC050216; Ph. No. 011-29241099 & 40587085 Statement of Standalone Unaudited financial results for the quarter ended 30th June, 2026 Quarter ended Year ended . 30.06.2026| 31.03.2026| 30.06.2025| 31.03.2026 Particulars Unaudited Audited | Unaudited Audited Rs.In Mn. | Rs. InMn. | Rs. In Mn. | Rs. In Mn. 1 [Revenue from operations 0.00 0.00. 441.67 441.67 2 |Other income 1.88 59.77 9.67 106.22 3 [Total income (1+2) 1.88 59.77 451.35 547.89] 4 |Expenses a) Cost of materials consumed - - - - b) Changes in inventories of finished goods, stock-in-trade and work-in-progress 0.00 0.00 42.86 42.86 c) Employee benefits expense 16.45 22.87 15.67 73.77 d) Finance costs 0.02 0.03 93.89 0.15] e) Depreciation and amortisation expense 92.99 92.05 0.04. 375.04] f) Other expenses 13.39 30.76 463.37 540.85 Total expenses (I) 122.84 145.71 615.82 1032.67 5 [Profit/ (Loss) before from operations before execptional items (3-4) (120.96) (85.94)| (164.48) (484.78) 6 |Exceptional Items - - - - Prior period Expenses - - - - Prior period Income - - - - 7 [Profit/ (Loss) before Tax (5+6) (120.96) (85.94)| (164.48) (484.78) 8 |Tax expense i (178.01)| (178.01) 9 [Net profit/ (loss) after tax (7-8) (120.96) (263.95)| (164.48) (662.79) 10(Other comprehensive income - 3.85) 3.85 11[Total comprehensive income/ (Loss) for the period (9+10) (120.96) (260.10)| (164.48) (658.94) 12|Paid-up equity share capital (Face value Rs. 10/- each) 1378.75 1378.75 1378.75 1378.75 13|Earnings per share (of Rs. 10 each) (non annualised) [including share suspense] a) Basic EPS (0.88) (1.91) (1.19)! (4.81)) b) Diluted EPS (0.88) (1.91) (1.19)! (4.81)) 1 The above results have been reviewed and recommended by the Audit Committee and have been approved and taken on record by the Board ofD irectors at its meeting held on August 04, 2026. In pursuance to the Judgement dated 2nd August, 2017 of Honorable Supreme Court of India, in the matter of Writ Petition (Civil) No. 114 of 2014 (Common Cause v/s Union of India & Others), an amount ofZ 924.75 crores has been imposed on the Company towards 'Compensation' as determined in the said Judgement which was to be paid by 31st December 2017, eventhough the Government Taxes and Royalty was paid on the ores extracted. Since the amount was not paid by the stipulated date, the Honorable Supreme Court ordered to stop ‘mining operations with effect from st January 2018. The Company had filed a'Curative petition' (Civil) before the Honorable Supreme Court of India challenging the Judgement in March 2018 however the petition has been dismissed by the Supreme Court during the reporting quarter. Provision for the above compensation along with interest has not been made in the books of accounts. Further the realization amount from said sale should be deposited with the State of Odisha towards partial satisfaction of the Compensation demand raised by Demand Notice dated 02.09.2017. The Company is in process to sell the iron ore and to comply with the norms, it is further to be noted that Company managed to get an extension of further six ‘months vide last order dated April, 2023. The Company has deposited with the Government Rs. 415.79 cores including GST till July 2023 under protest towards Penalty amount. There was arbitration award received in June 2019 for 718 crores. The Company has already appealed to this Award. The appeal has been admitted in the High Court. The Company is confident to win the award and hence not making any provision in the books. The accompanying notes are an integral part of the financial statements. For and on behalf of the Board of Directors For Ashok Shyam & Associates For Mideast Integrated Steels Limited Chartered Accountants L " B Digitally signed ICAT Reg No. 011223N Rita graty sig by Rita Singh AshokB Gupta Sinah Date: 2026.08.04 M. No. 089858 Ing 16:36:42 +05'30' UDIN: 26089858PCRIGE2966 Place: New Delhi Rita Sing Date: 04.08.2026 Director Chartered Accountants Independent Auditor’s Review Report on the Quartér]y and Year to Date Unaudited Standalone Financial Results of the Company Pursuant to the Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors Mideast Integrated Steels Limited Mesco Tower, H-1, Zamrudpur Community Centre, Kailash Colony, New Delhi - 110048 We have reviewed the accompanying statement of unaudited standalone financial results of Mideast Integrated Steels Limited (the *Company”) for the quarter ended 30™ June 2026.This statement is the responsibility of the Company s Management and has been approved by the Board ofD irectors. Qur responsibility is to issue a report on these financial statements based on our review. We conducted our review of the Statement in accordance with the Standard on Review | ngagement (SRI12410. “Review of Interim Financial Iaformation Performed by the Independent Auditor of the Entity™ issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free ofm aterial misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provide less assurance than an audit. We have not performed an audit and-accordingly. we do not express an audit opinion. Based on our review conducted as above, except for the effects of the matters'described in the Basis for Qualified Opinion section of our report. nothing has come (o our attention that causes us to believe that the ac [Showing first 8,000 characters — download PDF for full document]