Outcome of Board Meeting

0--------- ~ 0------- - Automotive Axles Limited . . 0---- 5th August 2026 The BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No. C/1, G- Block Dalal Street Bandra (E) Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 505010 Scrip Symbol: AUTOAXLES Attn: Listing Department Dear Sir/Madam, Sub: Outcome of the Board Meeting and Disclosure under Regulation 30 and Regulation 33 of SEBI (LODR) Regulations, 2015. We wish to inform you that the Board of Directors of the Company at their Meeting held today, i.e., Wednesday, 5th August 2026 inter alia, have approved the Unaudited Financial Results for the Quarter ended on 30th June 2026. The ‘Limited Review Report’ issued by M/s S R Batliboi & Associates LLP, Statutory Auditors of the Company in respect of the said ‘Results’, is also enclosed. The Board Meeting started at 03.45 PM (IST) and concluded at 06:00 PM (IST). The above information is also available on the Company’s Website at www.autoaxle.com. You are requested to take the same on record. Thanking you Yours Truly, For Automotive Axles Limited Debadas Panda Company Secretary & Compliance Officer Encl: as above 9 Regd. Office & Mysuru Unit : Al\ info@autoaxle.com Hootagalli Industrial Area, Off Hunsur Road, \. +91 -821 -719 7500 •,,,,. www.autoaxle.com Mysuru -570 018, Karnataka, INDIA. CIN: L51909KA1981PLC004198 ISO 9001: 2015 / IATF 16949: 2016, EMS: ISO: 14001: 2015 & OHSAS: ISO: 45001: 2018 S.R. BATL/80/ & ASSOCIATES LLP 12th Floor "UB City" Canberra Block Chartered Accountants No. 24, Vittal Mallya Road Bengaluru -560 001. India Tel : +91 80 6648 9000 Independent Auditor's Review Report on the Quarterly Unaudited Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors Automotive Axles Limited 1. We have reviewed the accompanying statement of unaudited financial results of Automotive Axles Limited (the "Company") for the quarter ended June 30, 2026 (the "Statement") attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations"). 2. The Company's Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The Statement has been approved by the Company's Board of Directors. 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. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. 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. 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 Standards ('Ind AS') 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 the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. For S.R. BA TLIBOI & ASSOCIATES LLP Chartered Accountants ICAI Firm registration number: 101049W/E300004 Pradip Digitally signed by Pradip Agarwal DN: cn=Pradip Agarwal, c=IN, o=Personal Agarwal Date: 2026.08.05 17:58:10 +05'30' per Pradip Agarwal Partner Membership No.: 065537 UDIN: 2606553 7 A WXPRQ5180 Place: Bangalore Date: August 05, 2026 S.R. Batliboi & Associates LLP, a Limited liability Partnership with LLP Identity No. AAB-4295 Regd. Office: 22. Camac Street, Block ·s·, 3rd Floor. Kolkata-700 016 AUTOMOTIVE AXLES LIMITED (IATF 16949 Company) Regd. Office : Hootagalli Industrial Area, Off Hunsur Road, Mysuru 570 018 CIN : L51909KA1981PLC004198 Statement of Unaudited Financial Results for the quarter ended June 30, 2026 (Amount in Rupees Millions, except for share data) For the year For the three months ended ended SL Particulars 30.06.2026 31.03.2026 30.06.2025 31.03.2026 (Unaudited) (Audited) (Unaudited) (Audited) Refer note 4 Income I Revenue from operations 5,168.21 6 ,642.99 4,893.76 2 1,777.29 II Other income 103.46 55.15 91.66 321.80 III Total income (I + II) 5 ,271.67 6,698.14 4,985.42 22,099.09 IV Expenses a) Cost of raw materials consumed 3,846.31 4 ,226.63 3,456.76 1 4,538.17 b) Changes in inventories of finished goods and work-in- ( 505.88) 292.10 (140.52) 169.57 progress c) Employee benefits expense 415.69 473.57 346.24 1,592.73 d) Finance costs 4 .19 4.20 3 .94 15.68 e) Depreciation and amortisation expense 8 5.47 97.92 85.06 358.93 f) Other expenses 813.09 880.49 752.59 3,106.19 Total expenses 4 ,658.87 5,974.91 4,504.07 19,781.27 V Profit before exceptional items and tax (III - IV) 612.80 723.23 481.35 2,317.82 VI Exceptional Items - Expense (Refer note 6) - - - 119.87 VII Profit before tax (V-VI) 612.80 723.23 481.35 2,197.95 VIII Tax expense : a) Current tax 149.75 178.92 127.94 573.77 b) Deferred tax 7 .09 5.37 (3.80) ( 19.57) Total tax expense 156.84 184.29 124.14 554.20 IX Profit for the period / year (VII - VIII) 455.96 538.94 357.21 1,643.75 X Other comprehensive income a) Items that will not be reclassified to profit or loss in subsequent periods: i) Remeasurements gain/(loss) of the defined benefit plan (5.28) 26.10 (3.32) ( 19.17) ii) Tax on remeasurement of the defined benefit plan 1 .33 ( 6.57) 0 .83 4 .82 Total other comprehensive income/(loss), net of tax (3.95) 19.53 ( 2.49) (14.35) XI Totalcomprehensiveincomefortheperiod/year,net 452.01 558.47 354.72 1,629.40 of tax (IX+X) XII Paid up share capital (face value of Rs. 10/- each) 151.12 151.12 151.12 151.12 XIII Other equity 10,836.58 XIV Earnings per equity share (EPS) (Nominal value of share Rs. 10/- ) (Not annualised in case of interim periods) Basic and Diluted 3 0.17 35.66 23.64 108.77 Notes: 1 The above audited financial results were reviewed by the Audit Committee at the meeting heldon August 4, 2026 and approved by the Board of Directors at the meeting held on August 5, 2026. 2 ThesefinancialresultshavebeenpreparedinaccordancewiththerecognitionandmeasurementprincipleslaiddowninIndian Accounting Standards ("Ind AS") prescribed under Section 133 of the Companies Act, 2013 as amended, read with the relevantrulesissuedthereunderandintermsofRegulations33ofSEBI(ListingObligationsandDisclosureRequirements) Regulations, 2015, as amended (the "Listing Regulations"). 3 Segmentinformation:InlinewiththeprovisionsofIndAS108-OperatingSegments,ChiefOperatingDecisionMaker(CODM) reviewstheoperationsoftheCompanyasamanufacturerofAutomotiveComponents,whichisconsideredtobetheonly report [Showing first 8,000 characters — download PDF for full document]