Press Release

WEL/SEC/2026 August 04, 2026 BSE Limited National Stock Exchange of India Limited Corporate Relationship Department, Exchange Plaza, 5th Floor, Plot No. C-1, Block- 2nd Floor, New Trading Wing, Rotunda G, Bandra-Kurla Complex, Building, P.J. Towers, Dalal Street, Bandra (East), Mumbai – 400 001. Mumbai – 400 051. Scrip Code: 532553 NSE Symbol: WELENT Dear Madam / Sir, Sub: Un-audited Financial Results and Limited Review Report for the quarter ended June 30, 2026, alongwith the Press Release Pursuant to Regulation 33 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith the Un-audited Consolidated and Standalone Financial Results of the Company for the quarter ended June 30, 2026, alongwith the Limited Review Report (“Results”), as reviewed by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held today i.e. on August 04, 2026. Further, the press release on the aforesaid Financial Results is also enclosed herewith. The Board Meeting commenced at 03:00 p.m. and concluded at 05:30 p.m. Furthermore, please note the trading window for dealing in the securities of the Company by the Insiders, as defined under the SEBI (Prohibition of Insider Trading) Regulations, 2015, shall re-open from Friday, August 07, 2026. The above information is also available on the website of the Company at www.welspunenterprises.com We request you to take the above on record. Thanking you. Yours faithfully, For Welspun Enterprises Limited Nidhi Tanna Company Secretary ACS-30465 Encl.: as above Suresh Surana & Associates LLP Chartered Accountants Suresh Surana & Associates LIP 308-309, Technopol's Knowledge Park Mahakali Caves Road, Andheri (E) Murnbai 400 093, India T #91(22)6108 5555 ernails@ss-associates corn wA'tss"assoclates corn LIP dentity ho AAB-7509 Independent Auditors Review Report on the Unaudited Consolidated Financial Results of Welspun Enterprises Limited for the quarter ended 30 June 2026, pursuant to the Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) RegulatIons, 2015, as amended. Review report to The Board of Directors of Welspun Enterprises Limited 1. We have reviewed the accompanying Statement of Unaudited Consolidated Financial Results of Welspun Enterprises Limited ("the Holding Company" or "the Company"), which includes Welspun Enterprises EmpLoyees Welfare Trust, its subsidiaries and joint operations of a subsidiary accounted on a proportionate basis (the Holding Company, its subsidiaries and joint operations of a subsidiary together referred to as "the Group") and its share of profit I (loss) after tax and total comprehensive income of its associates for the quarter ended 30 June 2026 (the "Statement"), being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, as amended (the "Listing Regulations"). 2. This Statement which is the responsibility of the Holding Company's management and approved by the Holding Company's Board of Directors has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 ("md AS 34") "Interim Financial Reporting" prescribed under Section 133 of the Companies Act 2013 (the "Act") as amended, read with relevant rules issued thereunder, and other accounting principles generally accepted in India and in compliance with the Regulation 33 of the Listing Regulations. 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 of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides Less assurance than an audit. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under Section 143(10) of the Act and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an iS4e have not performed an audit and accordingly, we do not express an audit opinion. R.St.f.d attic.: 97 9th i,c,. tAsk., CI'arb,n VI Nr,rar. 3s.I £ ajt, kc'a 3 93 I 3k 6:;: 444 Suresh Surana & Associates LLP Chartered Accountants We aLso performed the procedures in accordance with Circular No. CIR/ CFD/ CMD1/ 44/ 2019 dated 29 March 2019 issued by SEBI under ReguLation 33(8) of the Listing Regulations, to the extent applicable. 4. The Statement includes the results of the entities Listed in Annexure 1. 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of the other auditors referred to in paragraph 6 below, 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 specified under Section 133 of the Companies Act 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. Other Matters 6. We did not review the unaudited interim financial information of 4 subsidiaries included in the Statement, whose unaudited interim financial information reflects total revenue of Rs. 286.27 crores, net loss after tax of Rs. 1.03 crores and total comprehensive loss of Rs. 1.03 crores for the quarter ended 30 June 2026, as considered in the Statement. These interim financial information have been reviewed by other auditor whose reports have been furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries, is based solely on the reports of the other auditors and the procedures performed by us as stated in paragraph 3 above. We did not review the unaudited interim financial information of 6 joint operations included in the Statement, whose unaudited interim financial information reflects Group's share of total revenue of Rs. 49.91 crores, net profit after tax of Rs. 3.49 crores and total comprehensive Income of Rs. 3.49 crores for the quarter ended 30 June 2026, as considered in the Statement. These unaudited interim financial information have been reviewed by other auditors whose reports have been furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these joint operations, is based solely on the reports of the other auditors and the procedures performed by us as stated in paragraph 3 above. The Statement also includes the Group's share of net loss after tax of Rs. 30.35 crores and total comprehensive loss of Rs. 30.32 crores for the quarter ended 30 June 2026, in respect of 2 associates, based on their unaudited interim financial information, as considered in the Statement. The unaudited interim financial information have been reviewed by other auditors whose report have been furnished to us by the Management and our conclusion on the Statement, in so far it relates to the amounts and disclosures included in respect of these associates, is based solely on the reports of the other auditors and the procedures performed by us as stated in paragraph 3 above. 7. The Statement includes the unaudited interim financial information of 5 subsidiaries whose interim financial information [Showing first 8,000 characters — download PDF for full document]