Press Release on Unaudited Financial Results for the quarter ended 30 June, 2026.

07 August, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Fort, Bandra (E), Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 500128 Symbol: ELECTCAST Dear Sir/Madam, Sub: Press Release on Unaudited Consolidated and Standalone Financial Results for the quarter ended 30 June, 2026 Please find enclosed a Press Release on Unaudited Consolidated and Standalone Financial Results for the quarter ended 30 June, 2026. This is for your information and records please. Thanking you, Yours faithfully, For Electrosteel Castings Limited Indranil Mitra Company Secretary ICSI: A20387 Encl.: as above Electrosteel Castings Limited Q1FY27 Financial & Operational Performance Consolidated Total Income at INR 1,465 Crores in Q1 FY26-27; Consolidated EBITDA at INR 139 Crores in Q1 FY26-27; Consolidated PAT at INR 48 Crores in FY26-27; Kolkata, West Bengal (India), 7th August 2026 – The Board of Directors of Electrosteel Castings Limited (ECL), approved financial results for the first quarter ended June 30, 2026. Key Financial highlights of the Quarter (Consolidated): Particulars (in INR Q1FY27 Q4FY26 QOQ Q1FY26 YOY FY26 FY25 YOY Crores) Total Income 1465 1530 (4.3%) 1586 (7.6%) 6133 7443 (17.6%) EBITDA 139 99 40.3% 198 (29.8%) 574 1159 (50.5%) EBITDA Margin 9.5% 6.5% 302bps 12.5% (300bps) 9.4% 15.6% (622bps) Profit Before Tax 69 23 202.9% 121 (43.4%) 257 856 (70.0%) Exceptional Item 0 0 -38 Profit After Tax 48 16 202.5% 89 (45.7%) 161 710 (77.2%) PAT Margin 3.3% 1.0% 226bps 5.6% (232bps) 2.6% 9.5% (690bps) Diluted EPS (in INR) 0.8 0.26 202.4% 1.4 (45.7%) 2.6 11.5 (77.2%) *Including Other Income and before Exceptional Item. Q1 FY: 2026-27 Financial Highlights: • Total Income declined 4.3 % QoQ to INR 1465 Crores in Q1FY27, primarily due to subdued demand amid lower government spending on water infrastructure projects. • EBITDA (incl. Other income and before exceptional items) stood at INR 139 Crores and EBITDA margin was 9.5% • PAT stood at INR 48 Crores. Key Financial highlights of the Quarter (Standalone): Particulars (INR Q1FY27 Q4FY26 QOQ Q1FY26 YOY FY26 FY25 YOY Crores) Total Income 1119 1228 (8.9%) 1426 (21.5%) 5228 6840 (23.6%) EBITDA 71 57 23.3% 186 (62.1%) 499 1116 (55.2%) EBITDA Margin 6.3% 4.7% 165bps 13.1% (674bps) 9.6% 16.3% (676bps) Profit Before Tax 12 -8 N.A. 117 (89.6%) 223 847 (73.6%) Exceptional Item 0 0 0 -38 0 Profit After Tax 6 -11 N.A. 86 (93.1%) 131 712 (81.6%) PAT Margin 0.5% -0.9% 140bps 6.0% (550bps) 2.5% 10.4% (790bps) Diluted EPS (in INR) 0.1 -0.17 N.A. 1.4 (93.1%) 2.1 11.5 (81.6%) *Including Other Income and before Exceptional Item. Q1 Financial Highlights: • Total Income declined by 8.9% QoQ to INR 1,119 Crores in Q1FY27. • EBITDA (incl. Other income and before exceptional items) stood at INR 71 Crores; EBITDA margin was 6.3% for the quarter. • PAT stood at INR 6 Crores. • Company sold - 1.20 Lakh tons of DI pipes, Fittings and CI Pipes against 1.48 Lakh tons in Q4FY26. Outlook: • The Government of India has approved the Jal Jeevan Mission 2.0 in March 2026 and has enhanced the overall budget outlay to approximately ₹8.69 Lakh crores up to December 2028. Central Government has enhanced its contribution to ₹3.59 lakh crores from ₹2.08 lakh crores. • In the Union budget, Government has allocated ₹67,670 crores for FY27-28 and has already sanctioned ₹10,344 crores to the States in this FY till date. • Expect demand to restore by end of current Quarter of FY 2026-27. JJM 2.0 along with continued investment in urban infrastructure, sewerage networks, irrigation system and river- linking projects, will create substantial medium- to long-term demand opportunities for the Ductile Iron pipe industry. • Company is expanding its Valve business which strengthens ECL's footprint across the full water infrastructure value chain and Offers customers a complete pipeline solution. • As part of diversification strategy, Company is entering the Industrial Paints and Protective Coatings business. About Electrosteel Castings Limited Electrosteel Castings Limited (ECL) is the pioneer and one of the leaders in manufacturing of Ductile Iron Pipes, Fittings & Valves with integrated capacities. The Company exports its products to 130+ countries across 5 continents. ECL has its presence in Europe, UK, USA, Middle east, Gulf, Asia and Africa. The Company has a well-diversified product portfolio including Ductile Iron Pipes, Ductile Iron Fittings, Ductile Iron Flange Pipes, Restrained Joint Pipes and Water Valves. Additionally, ECL manufactures Cast Iron Pipes, Metallurgical Coke, Sponge Iron, Cement, Ferro Silicon, Pig Iron and Power. ECL has five technologically advanced integrated manufacturing units located in Khardah, Bansberia and Haldia (in West Bengal), Elavur (in Tamil Nadu) and Srikalahasthi (in Andhra Pradesh) and two Valve manufacturing units in Italy. The Company has been setting industry benchmarks by delivering internationally accredited superior quality Ductile Iron Pipes and Fittings. For more details, please visit: https://www.electrosteel.com/ For further information, please contact: Gaurav Somani, General Manager - Finance Vikash Verma / Hiral Keniya/ Yashvi Jain Electrosteel Castings Limited Ernst & Young, LLP E: gaurav.somani@electrosteel.com E: vikash.verma1@in.ey.com / hiral.keniya@in.ey.com / yashvi.jain1@in.ey.com