Results for the quarter ended June 30, 2026

ROLEX RINGS LIMITED [CTN: T2 8910GJ2003PLC04199ll ;;;;;;;;;; ROLLEO RINGS;;;;;;;;;; Regd. Office:-BEHIND GLOWfECH PRIVATE rn.. .n TED, GONDAL ROAD. KOT! IARIA, RAJ KOT Phone: (281) 'Z78'2577 /'Z782677 Email: com plian<.:e@rolexrings.com website. www .rolexrings.com Ref. RolexRings/Reg30/June2026Quarter/BM-Outcome/1 August 05, 2026 To, To Corporate Rel a tionship Departrn en t, National Stock Exchange of India Limited BSE Limited, Exchange Plaza, C-1, Block G Phiroze Jee}e.ehhoy TowP.rs, Dalal Street, Bandra Kurla Complex Mumbai-400001 Bandra (E), Mumbai - 400 051 Script Code: 543325 Script Symbol: ROLEXRINGS Sub: Outcome of Board Meeting held on Wednesday, QSth August, 2026 Dear Sir/ Mildam, Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Oblii:,Cltions c:md Disclosures Requirements) Regulations, 2015, we would like to inform you that the Meeting of Boar<l of Directors of the company was. held today i.e. Wednesday, OSU1 August, 2026 and transacted the following: 1. Considered and Approved Standalone Unaudited Financial Results for the quarter ended 3()Lh June, 2026 along with Limited Review Report thereon; In this cormection pursuanL Lo Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith, the following documents: 1. Unaudited Standalone Financial Results for the quarter ended 30th June, 2026 along with Limited Review Report. The Meeling was commenced at 12:05 PM anJ concluded at 12:50 PM Thanking You, Yours faithfully For, Rolex Rings Limited ·. . '•; Har<lik Dhim<U1lbhai Gandhi ()Company Secretary and Compliance Officer {Membership No. A39931) ROLEX RINGS LIMITED [CIN: L28910GJ2003PLC041991) Regd. Office:-BEHIND GLOWTECH STEEL PRIVATE LIMITED, GONDAL ROAD, KOTHARIA, RAJKOT Phone:0281 2782577 Email: compliance@rolexrings.com website: www.rolexrings.com STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE, 2026 ('!' in Millions except as stated otheiwise ) Quarter Ended Year Ended 30.06.2026 31.03.2026 30.06.2025 31.03.2026 Sr No Particulars Audited Unaudited Unaudited Audited Refer Note 3 1 Income Revenue from operations 3,043.37 3,056.92 2,915.83 11,434.95 Other income 198.36 ·2s.72 156.06 502.53 Total Income 3,241.73 3,085.64 3,071.89 11,937.48 2 Expenses Cost of raw materials and components consumed 1,441.26 1,457.25 1,435.26 5,422.44 (Increase) I Decrease in inventories of finished goods and work-in-progress (91.13) (73.92) 2.07 124.94 Employee benefits expense 196.10 188.72 176.37 719.88 Finance costs 2.34 3.57 1.80 14.43 Depreciation and amortization expenses 90.38 93.78 90.02 371.25 Other expenses 809.94 922.59 686.40 2,865.24 Total Expenses 2,448.89 2,591.99 2,391.92 9,518.18 3 Profit before tax and exceptional items [1-2) 792.84 493.65 679.97 2419.30 Exceptional ilems net [refer note 5] 491.95 - 516.41 4 Profit before tax 792.84 1.70 679.97 1902.89 5 Tax expense Current tax charge I (credit) 173.39 (92.10) 155.53 352.82 Deferred tax expense 18.05 95.29 32.88 139.09 Total tax expense 191.44 3.19 188.41 491.91 6 Net profit I (loss) after tax [4-5) 601.40 (1.49) 491.56 1,410.98 7 Other comprehensive income (net of tax) Items that will not be reclassified lo profit and loss in subsequent periods: Re-measurement gain I (loss) on defined benefit plans 1.24 4 59 (0.25) 4.97 Income tax effect on above (0.31) (1.15) 0.06 (1.25) Other comprehensive income I (loss) for the quarter/year ended, net of 0.93 3.44 (0.19) 3.72 8 Total comprehensive income for the quarter/year ended C 6+7 J 602.33 1.95 491.37 1,414.70 9 Paid-up equity share capital (face value ~1/-per share) 272.33 272.33 272.33 272.33 10 Other equity 11,863.44. 11 Earning per share [not annualized for quarters) [refer note 6) Basic 2.21 (0.01) 1.81" 5.18 Diluted(~) 2.21 (0.01) 1.81" 5.18 (see accompanying notes to the financial resulls) ,,.::~-~.;...' · • Due to split of shares SIGNED FOR IDENTIFICATION PURPOSES ONLY SR.f3 c_ SRBC & CO LLP ROLEX RINGS LIMITED [CIN: L28910GJ2003PLC041991] ill®[b~~ Regd. Office:-BEHIND GLOWTECH STEEL PRIVATE LIMITED, GONDAL ROAD, KOTHARIA, RAJKOT Phone:0281 2782577 ;;,;;;;;;,ROLLED RINGS;;;;;;;;;;. Email: compliance@rolexrings.com website: www.rolexrings.com Notes: 1 These unaudited financial results of the Company for quarter ended June 30. 2026 have been reviewed by the Audit Committee and thereafter approved by the Board of Directors at their respective meetings held on August 05, 2026. The financial results are prepared in accordance with the Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act. 2013 and other recognised accounting practices and policies to the extent applicable. 2 The Company's business falls within single business segment of diversified auto components. Hence, disclosures under Ind AS 108 -Operating Segments are not reported separately 3 The figures for the quarter ended March 31, 2026 are the balancing figures between audited figures in respect of the full financial year upto March 31, 2026 and the unaudited published year to date figures upto December 31. 2025 being the date of the end of the third quarter of the financial year which were subjected to limited review by the statutory auditors. 4 The Board of Directors on April 23, 2026 and the shareholders through postal ballot on May 31, 2026 approved the buyback of up to 10,000,000 equity shares (representing 3.76% of lhe paid-up equity share capital) from eligible equity shareholders other than the promoters, promoter group and persons in control of the Company, at a price of INR 180 per share for an aggregate consideration not exceeding INR 1,800 million, in accordance with the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018, the Companies Act, 2013 and the rules made thereunder. Subsequent to the quarter ended June 30, 2026, the Company has concluded the Buyback of 10,000,000 equity shares (at a price of INR 180 per equity share) as approved . .5 Details of exceptional items (net) Expense ({ in Millions except as stated otherwise ) For the quarter For the quarter For the quarter For the year Particulars ended ended ended ended June 30, 2026 March 31, 2026 June 30, 2025 March 31, 2026 5(a) Right of Recompense (ROR) expense 504.00 - 504.00 5(b) Impact due to implementation of new labour law (12 05) - 12.41 Exceptional Items -Expense (net) 491.95 - 516.41 5(a) During the quarter ended March 31. 2026, the Company entered into a full and final settlement with the Consortium of Banks towards the Right to Recompense (RoR) matter for INR 1,010 million. Accordingly, the Company recognised the differential amount of INR 504 million as an exceptional item during the quarter and year ended March 31, 2026, over and above the provision of INR 506 million recognised up lo March 31, 2025. The settlement amount was paid on March J 1. 2026. 5(b) On 21 November 2025. the Government of India notified four Labour Codes effective immediately replacing the existing 29 labour laws. The impact of implementation of the Labour Codes has resulted in increase of INR 12.41 million (including reversal of INR 12.05 million in the previous quarter ended March 31, 2026) in the liabilities for defined benefit obligation. Considering that the impact arising from the enactment of the new legislation is an event of a non-recurring nature, the Company presented this incremental amount as an "Exceptional item" in the Statement of Profit and Loss for previous quarter and year ended March 31, 2026. 6 The Board of Directors of the Company at their meeting held on September 04, 2025 have approved the sub-division/ split of each equity share having a face value of Rupees ten each. fully paid-up, into ten equity shares having a face value of Rupee One each, fully paid-up (the "stock split"), by alteration of the capital clause of the Memorandum of Association of the Company. The approval of the shareholders of the Company was obtained in Annual Gen [Showing first 8,000 characters — download PDF for full document]