19TH ANNUAL REPORT OF THE COMPANY

Dated: 05.08.2026 BSE Limited National Stock Exchange of India Ltd., Corporate Relation Department Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Dalal Street Bandra (E) Mumbai- 400001 Mumbai – 400 051 Scrip Code: 540311 Scrip Code: JITFINFRA Through: BSE Listing Centre Through: NEAPS SUB. : Annual Report of the Company for the FY 2025-26 - Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sirs, This is with reference to our letter dated 31st July, 2026, please find attached copy of Annual Report of the Company for the financial year 2025-26 along with the notice calling 19th Annual General Meeting. This is for your information and record please. Thanking You, Yours Faithfully FOR JITF INFRALOGISTICS LIMITED ALOK KUMAR COMPANY SECRETARY (ACS-19819) ANNUAL REPORT 2025-26 JITF INFRALOGISTICS LIMITED Landfills holds the past, but waste-to-energy powers the future. Converting Liabilities into Electricity. ANNUAL Report 2025-26 BOARD’S REPORT DIRECTORS CHIEF FINANCIAL OFFICER Mr. Manoj Kumar Agarwal Dr. Raj Kamal Aggarwal Independent Director COMPANY SECRETARY Mr. Alok Kumar Mr. Dhananjaya Pati Tripathi STATUTORY AUDITORS Independent Director M/s Lodha & Co. LLP (Chartered Accountants) Mr. Girish Sharma Independent Director SECRETARIAL AUDITORS M/s S. Bhawani Shankar & Associates (Company Secretaries) Dr. Amarendra Kumar Sinha Whole Time Director REGISTERED OFFICE A-11 (7), Udya Society, Sector-3, Mr. Pranay Kumar Tatibandh, Dharsiwa, Raipur- 492099, Non – Executive Director Chattisgarh, India CORPORATE OFFICE Ms. Kanika Sharma Jindal ITF Centre Non – Executive Director 28, Shivaji Marg, New Delhi-110015, India CONTENTS Page No. BOARD’S REPORT 03 MANAGEMENT DISCUSSION & ANALYSIS REPORT 73 REPORT ON CORPORATE GOVERNANCE 88 STANDALONE FINANCIAL STATEMENTS 105 AUDITORS’ REPORT 116 CONSOLIDATED FINANCIAL STATEMENTS 155 NOTICE 258 ANNUAL Report 2025-26 BOARD’S REPORT The Members, The Board of Directors are pleased to present the 19th Annual Report along with the Audited Financial Statements of the Company for the financial year ended 31st March 2026. 1. FINANCIAL RESULTS The performance of the Company for the financial year ended March 31, 2026, is summarized below: (Rs. in Lacs) Year ended Year ended Year ended Year ended 31st March, 31st March, 31st March, 31st March, Particulars 2026 2025 2026 2025 (Standalone) (Standalone) (Consolidated) (Consolidated) Revenue from operations 351.36 364.46 2,80,802.29 226481.04 Other Income 2.07 5.36 4,397.62 4444.91 Profit before finance cost, depreciation, 37.97 42.87 60443.2 44898.24 exceptional items and tax Less: Finance cost 6.66 9.07 40,128.90 35,218.84 Depreciation and amortization expense 1.55 1.61 10,254.37 7,883.29 Profit before tax 29.76 32.19 10,059.93 1,796.11 Tax expense 7.25 3.72 6,531.77 4,490.67 Profit after tax 22.31 28.47 (993.47) (2,442.99) Other Comprehensive Income Items that will not 0.28 (15.34) (12.19) 46.20 be reclassified to profit and loss Total Comprehensive Income for the year 22.79 13.13 (1,005.66) 14,524.12 2. REVIEW OF OPERATIONS During the Financial Year, on standalone basis the Company achieved Gross Revenue of ₹353.43 lacs as against ₹369.82 lacs achieved during the previous year and on consolidated basis the company had achieved Gross Revenue of ₹285199.91 lacs as against ₹230925.95 lacs achieved during the previous year. The net profit (losses) after tax on standalone basis for the Financial Year is ₹22.31 lacs as compared to ₹28.47 lacs in the previous year and on consolidated basis (₹999.47 lacs) as compared to (₹2442.99 lacs) in the previous year. Water Infrastructure Business Your Company’s step-down subsidiary i.e. JWIL Infra Limited (“JWIL”) reported an Operational Revenue of INR 2,227.66 Crores during the Financial Year 2025-26, 21% increase from Operations Revenue of INR 1,838.39 Crores in F.Y. 2024-25. JWIL has achieved: a) EBITA before exceptional item of INR 283.75 Crores in FY 2025-26 against INR 255.12 Crore in FY 2024-25, an increase of 11.2%; b) PBT before exceptional item of INR 203.06 Crores in FY 2025-26 against INR 186.78 Crore in FY 2024-25, an increase of 8.72%; ANNUAL Report 2025-26 BOARD’S REPORT The Net worth of JWIL stood at INR 713.1 Crores as on March 31, 2026. The Company Credit rating has improved to CRISIL and CARE “A” stable in FY 2025-26. The key ratios are given below: a) Debt/ Equity at 0.30 (PY 0.21) b) Gearing Ratio at 23.15% (PY 17.61%) c) Current ratio at 1.56 (PY1.49) d) Net Debt at 214.84 Crore (PY INR 118.80 Crore) JWIL is focused on Automation and Digitalization of processes along with operational efficiency and has taken various steps to achieve the same. As a company, JWIL is doing selective bidding for new projects, based on parameters laid down by the Board in this respect. During FY 2025-26, JWIL has been awarded orders worth INR 6,922 Crores. JWIL Order book as on 31st March 2026 is INR 11,352 Crores (Including O&M orders book of INR 2,585 Crores as on March 31, 2026). The Company has completed Nagapattinam, Guwahati C1 and Chhitakhudari project during F.Y. 2025-26. JWIL is planning to complete 11 projects during FY 2026-27 viz., Chidambaram, Nashik, Bhandup, Tanzania, Naini, Ranchi, Sikatia, Palamu, Isarda, Vidisha (Madia Bina Scheme), Parwan. The subsidiary of JWIL namely JITF ESIPL CETP (Sitarganj) Limited (“JESIPL”) continues to provide services to industrial units in Sitarganj Industrial Park by operating 4 MLD Common Effluent Treatment Plant [CETP] at Sitarganj, Uttarakhand. During the financial year, all industries of the Sitarganj Industrial Park have been connected to CETP. 20 New Industries have been connected to CETP in this financial year. CETP has done various augmentation related to process for enhancing treatment quality. Our Company has achieved a benchmark this year by maintaining all the general parameters within the stipulated range. On the basis of excellent and steady performance, CETP got a Consolidated Copy of Authorization (CCA) till 31st March 2028(Three Years) and set another benchmark for its bright future. Waste to Energy Business: JITF Urban Infrastructure Limited (“JUIL”), another step-down subsidiary, is one of India’s leading Waste-to-Energy (WtE) operators, with a diversified portfolio of operational and development-stage projects. Operating through its Special Purpose Vehicles (“SPVs”), the Company processes municipal solid waste and generates renewable power, directly supporting national environmental sustainability objectives. With a total portfolio of 220 MW, group is the largest player in India in waste to energy segment. Out of 220 MW of total portfolio, operational capacity stood at 110 MW in FY 2025-26. During the Financial Year 2025-26, JUIL sustained a strong performance and achieved a revenue of Rs. 100 Crores against Rs. 87.67 Crores during FY 2024-25 on a standalone basis. At the consolidated level, revenue from operations increased year-on-year across the operational portfolio. JUIL’s current operational portfolio comprises of facilities at Okhla and Tehkhand in Delhi, Jaipur in Rajasthan, Guntur and Visakhapatnam in Andhra Pradesh and Ahmedabad in Gujarat. In addition, company is undertaking expansion projects at Okhla, Tehkhand, and greenfield projects at Jodhpur, Bawana, Kakinada and Nellore. Timarpur-Okhla Waste Management Company Limited (“TOWMCL”) continued to deliver stable and resilient operational performance during FY 2025–26, supported by structured maintenance practices and ongoing process optimization. Okhla WtE plant with capacity of 20.9 MW has generated a revenue of Rs. 79.18 crores during FY 2025-26. During the year under review, the plant processed approximately 5.92 lakh tonnes of municipal solid waste and generated over 160 million units of renewable energy, out of which 137 million units were exported to the grid. The Plant Load Factor (PLF) for the year stood at 87.6%. This was impacted b [Showing first 8,000 characters — download PDF for full document]