Outcome of the Board Meeting Dated July 21, 2026

' GRANULES Date: July 21, 2026 National Stock Exchange of India Limited & BSE Limited. Scrip Code: NSE- GRANULES; BSE-532482. Sub: Outcome of the Board meeting dated July 21, 2026. Ref: Regulation 33 of the Listing Regulations. Dear Sir/Mam, The Board of Directors of the Company at their meeting has inter alia approved the unaudited financial results (Standalone & Consolidated) for the first quarter ended on June 30, 2026 prepared under Indian Accounting Standards (Ind - AS). Pursuant to regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), we are enclosing the unaudited financial results (Standalone and Consolidated) of the Company for the first quarter ended on June 30, 2026. We are also enclosing the Limited Review Report of the Statutory Auditors of the Company, as required under Regulation 33 of the Listing Regulations. The meeting of the Board of Directors of the Company commenced at 10.15 A.M and concluded at 12.00 P.M. We request you take the above information on record. Thanking You. For GRANULES INDIA LIMITED CHAITANYA TUMMALA (COMPANY SECRETARY & COMPLIANCE OFFICER) Encl: As above REGISTERED OFFICE Granules India Limited CIN: L24110TG1991PLC012471 15t Floor, Granules Tower, Botanical Garden Road, Kondapur, Hyderabad - 500084, Telangana, India Contact Us: Tel: +9140 69043500 | Fax: +91-40-23115145 | mail@granulesindia.com vrww.granulesindia.com S.R. BATL& IASSBOCOIATIES LLP THE SKYVIEW 10 18th Floor, "NORTH LOBBY" Chartered Accountants Survey No. 83/1, Raidurgam Hyderabad - 500 032, India Tel : +91 40 6141 6000 Independent Auditor’s Review Report on the Quarterly Unaudited Standalone Financial Results of Granules India Limited Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors Granules India Limited We have reviewed the accompanying statement of unaudited standalone financial results of Granules India 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™). 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. 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. 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. BATLIBOI & ASSOCIATES LLP Chartered Accountants ICAI Firm registration number: 101049W/E300004 Nevnet €or—7 per Navneet Kabra Partner Membership No.: 102328 UDIN: 26102328 U2 JAET 22/4 Place: Hyderabad Date: July 21, 2026 SR, Batl& iAssbocoiaties LL.P,a Limited Liability Partnerwsitth iLLpP dentity No. AAB-4295 Regd. Office : 22, Camac Street, Block ', 3rd Fioor, Kolkata+T00 016 GRANULES INDIA LIMITED Regd Office : 15th Floor, Granules Tower, Botanical Garden Road GRANULES Kondapur, Hyderabad 500 084 CIN:L24110TG1991PLC012471 Rs in millions| Statement of Un-Audited Standalone Financial Results for the quarter ended June 30, 2026 Quarter ended YVear ended B Nl et ietiorh 30-Jun-26 SIA-N?F;B 30-Jun-25 31-Mar-26 Un-Audited o Un-Audited Audited (refer note 9) Tncome T[Revenue from operations (a) Sale of products 7.788.83 8430.26 797212 3391851 (b) Other operating revenue 22994 28795 129.96 821.09 Total revenue from operations 8018.77 8,768.21 8,102.08 34,739.60 2[Other income 137.84 166.87 13152 498.03 3|Total income (1+2) 8,156.61 8,935.08 8,233.60 35,237.63 4[Expenses (a) Cost of materials consumed 377124 3.939.93 3.703.68 15.052.72 (b) Changes in inventorics of work in progress and finished goods (233.65)| (43.68) (138.03)| 76.81 () Employee benefits expense 113176 1,074.08 1,058.82 423130 (d) Finance costs 96.14 157.10 136.73 614.38 () Depreciation and amortisation expense 390.61 436.40 395.07 1.64.73 (D Other expenses 2.034.87 2.030.41 7.041.26 8.137.95 Total expenses 7,190.97 7,614.24 7,197.53 29,757.89 5[Profit before exceptional items and tax (3-4) 965.64 1,320.34 1,036.07 5.479.74 6[Exceptional items (refer note 6) = - (121.60) (121.60) 7[Profit before tax (5+6) 965.64 1.320.84 914.47 5.358.14 8| Tax expense () Current tax 265.60 285.36 22092 135155 (b) Deferred tax (17.42)] 45.41 (10.30)| (0.08) Total tax expense 248.18 33097 219.62 135147 S[Profit for the period/year (1-8) 717.46 989.87 694.85 4,006.67 10[Other comprehensive income (net of tax) (a) (i) ilems that will not be reclassified to profit or loss z 2124 - 2124 (if) income tax on (i) above s (5.35) 5 (5.35) (b) (i) items that will be reclassified to profit or loss 319.43 (335.26) (11.09) (497.54) (ii) income tax on (i) above (80.39) 84.39 2.79 125.23 Total other comprehensive income, net of tax 239.04 (234.98) (8:30) (356.42)] T1[Total comprehensive income (9+10) 956.50 754.89 686.55 3,650.25 12[Paid-up cquity share capital (Face value of Rs/.- per sharc) 247.80 247.80 242.64 247.80 13[Other equity 4374336 14[Earnings per share (Face value Rs. 1/- cach) (a) Basic (in Rs.) 290 404 2.86 16.48 (b) Diluted (in Rs) 2.84 4.04 2.86 1647 (Not annualiscd) | _(Not annualised) |_(Not annualiscd) (Annualised) (Notes: 1 The above un-audited Standalone financial results of Granules India Limited ("the Company") for the quarter ended June 30, 2026 have been reviewed by the| Audit Committee and approved by the Board of Directors at their meeting held on July 21, 2026. 2 The un-audited Standalone financial results of the Company have been prepared in accordance with the Indian Accounting Standards prescribed under] section 133 of the Companies Act, 2013 ("the Act") read with relevant rules issued thereunder ("Ind AS") and other accounting principles generally accepied| in India and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 3 The Auditors of the Company have carried out Limited Review of the Standalone finzncial results for the quarter ended Ju [Showing first 8,000 characters — download PDF for full document]