Un-audited financials results for the quarter ended on June 30, 2026

LERTHAI FINANCE LIMITED (Formerly known as Marathwada Refractories Limited) (CIN: L65100KA1979PLC061580) Reg. Off. Address: Level 7, Mfar Greenheart, Manyata Tech Park, Hebbal Outer Ring Road, Bangalore, Venkateshapura, Bangalore North, Karnataka-560045 Website: lerthaifinance.com Email id: company@lerthaifinance.com Phone no. +91 80 4277 7800 10th August, 2026 BSE Limited The Calcutta Stock Exchange Limited Phiroze Jeejeebhoy Towers 7, Lyons Range Dalal Street Dalhousie Mumbai- 400001 Kolkata-700 001 Dear Sir(s): Subject: Un-audited Financial Results for the quarter ended on 30th June, 2026 Ref: Lerthai Finance Limited Scrip Code: (i) BSE: 502250; (ii) CSE: 023106 Pursuant to Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, (the “Regulations”), we are enclosing herewith Un- audited financial results, along with limited review report, for the quarter ended on June 30, 2026 which were reviewed by the Audit Committee and approved and taken on record by the Board of Directors of the Company at their meeting held on August 10, 2026. Please take the above intimations on record and acknowledge the same. Thanking you, For Lerthai Finance Limited Sneha Khandelwal Company Secretary and Compliance Officer ACS: 55597 LERTHAI FINANCE LIMITED (CIN:L65100KA1979PLC061580) Registered Office: Level 7, Mfar Greenheart, Manyata Tech Park, Hebbal Outer Ring Road, Bangalore, Venkateshapura, Bangalore North, Karnataka-560045 Statement of Audited Financial Results for the Quarter and year ended June 30, 2026 (Rs. In lakhs, except per equity share data) Quarter Ended Quarter Ended Year ended 30.06.2026 31.03.2026 30.06.2025 31.03.2026 Sr. No. Particulars Unaudited Unaudited Unaudited (Audited) 1 Income (a) Revenue from operations - - - - (b) Other Income 7 .37 (5.79) 10.60 28.61 Total Income 7 .37 (5.79) 10.60 28.61 2 Expenses (a) Employee benefits expense 0 .98 0.9800 0.98 3.93 b) Finance costs - - - - (b) Depreciation and amortisation expenses 0 .03 0.0791 0.08 0.34 (c) Professional Charges 2 1.12 13.9884 12.69 61.17 (d) Other expenses 2 .38 2.1400 2.50 2.81 i) Listing Fees 0 .96 0.95 0.96 0.96 ii) Advertisement & Publicity 0 .22 0.22 - 1.00 iii) Auditors Remuneration 0 .97 0.55 1.19 4.37 iv) Fair Value Gain on Investment (AIF) - - - - v) Rent 0 .11 0.29 0.29 1.18 vi) Travelling and conveyance - - - - vii) Others 0 .11 0.13 0.06 2.10 Total expenses 2 4.50 1 7.19 16.26 68.25 3 Profit/(Loss) before exceptional items and tax (1-2) (17.13) (22.98) (5.66) (39.64) interest & exceptional items (1 - 2) 4 Exceptional Items - - - - 5 Profit / (Loss) before tax (17.13) (22.99) (5.66) (39.64) 6 Tax Expenses - (a) Current Tax - - - - (b) Deferred Tax (0.00) 1.79 (0.01) 2.89 (c) Tax for earlier years - (0.03) - (0.03) 7 Net Profit/(Loss) after tax (5-6) (17.13) (24.75) (5.65) (42.50) 8 Other Comprehensive Income (a) Items that will be reclassified to profit or loss in subsequent periods. - - - - (b) Items that will not be reclassified to profit or loss in subsequent periods. - - - - Total Other comprehensive Income (a)+(b) - - - - 9 Total Comprehensive income (7+8) (17.13) (24.75) (5.65) (42.50) Paid up Equity Share Capital (Face Value Rs.10/- Per 10 7 0.00 70.00 70.00 70.00 Share) 11 Reserve excluding revaluation reserve as per balance - - - - sheet of previous accounting year Earnings per share (of Rs.10/- each) (*not annualised) : * * * * a) Basic (2.45) (3.54) (0.81) (6.07) b) Diluted (2.45) (3.54) (0.81) (6.07) Notes The above unaudited financial results were reviewed by the Audit Committee & taken on record at the Board meeting of the Board of Directors of the Company held on 10th Aug 2026. In accordance with Ind AS 108 on "Operating Segments", the company operates in one business segment viz. Investment and hence segment information is not required to be furnished. 3 Previous year/period figures have been regrouped/rearranged wherever necessary. 4 Company's Investment in Category I Alternate Investment Fund(AIF) - Venture Capital Fund is valued at Fair Market Value as at 31st March 2026 based on the statement of account received from the Fund. 5 Figures for the last quarter are balancing figures between audited figures in respect of the full financial year and the published year to date figures upto the third quarter of the current financial year. For Lerthai Finance Limited Mr. Shao Xing Max Yang Chairman and Director DIN 08114973 Place: USA Date: 10/08/2026 LERTHAI FINANCE LIMITED (CIN:L65100KA1979PLC061580) Registered Office: Level 7, Mfar Greenheart, Manyata Tech Park, Hebbal Outer Ring Road, Bangalore, Venkateshapura, Bangalore North, Karnataka-560045 Balance Sheet as at June 30, 2026 (Rs. In Lakhs) Particulars Amount as at Amount as at 30.06.2026 31.03.2026 (Unaudited) (Audited) ASSETS (1) Non-current assets (i) Property, plant and equipment 0 .04 0.04 (ii) Other Intangible assets 0 .02 0.04 (2) Financial Assets (i) Investments 3 11.99 3 11.99 Total Non current Assets 3 12.05 3 12.07 (3) Current assets (a) Financial Assets (i) Cash and Cash equivalents 6 74.63 6 94.80 (ii) Bank Balance other than (i) - - (b) Current Tax assets (net) 4.07 3.34 (c) Other Current Assets 3.53 0.61 Total Current Assets 6 82.23 6 98.76 Total Assets 9 94.28 1 ,010.83 EQUITY AND LIABILITIES (1) EQUITY (a) Equity share capital 7 0.00 7 0.00 (b) Other equity 8 82.63 8 99.77 Total Equity 9 52.63 9 69.77 (2) Non-Current liabilities (a) Deferred Tax Liability 1 8.16 1 8.16 Total Non- Current Liabilities 1 8.16 1 8.16 (3) Current liabilities - (a) Financial liabilities (i) Trade Payables - - Total Outstanding dues of Micro enterprises and Small enterprises 5.24 1 0.31 - Total Outstanding dues of creditors other than Micro enterprises and Small enterprises 1 7.92 1 1.93 (ii) Other Financial liabilities - - (b) Other Current Liabilities 0.33 0.66 Total Current Liabilities 2 3.49 2 2.90 Total Equity and Liabilities 9 94.28 1 ,010.83 For Lerthai Finance Limited Mr. Shao Xing Max Yang Chairman and Director DIN 08114973 Place: USA B. D. Jokhakar & Co. Chartered Accountants Limited review report on quarterly unaudited financial results of Lerthai Finance Limited pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 The Board of Directors of Lerthai Finance Limited 1. We have reviewed the accompanying statement of unaudited financial results (“the Statement”) of Lerthai Finance Limited (“the Company”) for the quarter ended 30th June, 2026 being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 2. This Statement is the responsibility of the Company’s Management and has been approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”) prescribed under Section 133 of the Companies Act, 2013 and other accounting principles generally accepted in India. Our responsibility is to issue a report 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. 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 co [Showing first 8,000 characters — download PDF for full document]