Outcome of the Board Meeting held on August 11, 2026 for approval of unaudited financial results for the quarter ended June 30, 2026

PIIL:SEC: NSE/BSE:35/2026-27 August 11, 2026 BSE Limited National Stock Exchange of India Ltd. Corporate Relationship Department. Exchange Plaza, Plot No. C/1, G-Block Bandra Kurla PJ Towers, 25th Floor, Dalal Street, Complex, Mumbai 400 001 Bandra (East), Mumbai 400 051 Code No. 523642 Code No. PIIND Dear Sir/Madam, Sub: Outcome of Board Meeting In compliance with Regulation 30 read with Part A of Schedule Ill of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 ( SEBI Listing Regulations ), we hereby inform you that the Board of Directors ( the Board ) of the Company at its meeting held today i.e., August 11, 2026, has inter-alia, considered and approved the following: i. The unaudited standalone & consolidated financial results of the Company for the quarter ended June 30, 2026 pursuant to Regulation 33 of the SEBI Listing Regulations. A copy of the same along with limited review report by the Statutory Auditors are enclosed herewith as Annexure A. ii. Incorporation of a company under Section 8 of the Companies Act, 2013 and rules made thereunder ( the Act ), in the name and style PI Foundation or such other name, subject to availability and approval by the Registrar of Companies as a Wholly Owned Subsidiary of the Company (direct or indirect). Information as required under Regulation 30 - Part A of Schedule Ill of the SEBI Listing Regulations, is enclosed as Annexure B. The meeting of the Board commenced at 02:00 p.m. (IST) and concluded at 06:30 p.m. (IST). We request you to kindly take the above on record. Thanking you, Yours faithfully, For PI Industries Limited Shruti Joshi Company Secretary & Compliance Officer Encl.: As above Registered Office: Pl Industries Limited Udaisagar Road, Udaipur - 313001, Rajasthan, India. Tel.: 0294 6651100, 2492451 55 I CIN: L24211RJ1946PLC000469 info@piind.com www.piindustries.com Annexure - A Pl Industries Ltd. STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE 2026 (In, MIiiion) Quarter ended Year ended IS.No Particulars 30.06.2026 31.03.2026 30.06.2025 31.03.2026 Unaudited Audited' Unaudited Audited I Revenue from operations 15,989 13,914 17,691 61,827 II Other Income 608 711 800 3,077 Ill Total Income (1+11) 16,597 14,625 18,491 64,904 IV Expenses Cost of materials consumed 6,285 6,202 7,066 27,888 Purchases of stock -in-trade 295 63 284 1,044 Changes in inventories of finished goods, work in progress 440 (380) 168 (2,830) and stock-in-trade Employee benefit expense 1,754 1,567 1,647 6,238 Finance cost 23 20 16 74 Depreciation and amortisation expense 803 847 706 3,046 Net impairment losses on financial assets 36 55 81 246 Other expense 2,591 2,555 2,708 9,886 Total Expenses 12,227 10,929 12,676 45,592 V Profit before exceptional Item and tax (Ill-IV) 4,370 3,696 5,815 19,312 VI Exceptional item gainl(loss) (Refer note 5) (1,117) (1,323) VII Profit after exceptional but before tax (V+VI) 4,370 2,579 5,815 17,989 VIII Income tax expense Current tax 719 649 1,020 3,383 Deferred tax 236 (48) 273 367 Income tax of earlier years (121) (109) Total Tax Expense 955 601 1,172 3,641 IX Profit for the period/year (VII-VIII) 3,415 1,978 4,643 14,348 X Other Comprehensive Income after tax (OCI) A Items that will not be reclassified to profit or loss Remeasurements gain/(loss) on defined benefits plans 14 (21) 8 56 Income tax relating to the above item (5) 7 (3) (20) B Items that will be reclassified to profit or loss Effective portion of gain/(loss) on cash flow hedges 572 (1,257) 80 (2,228) Income tax relating lo above items (200) 440 (28) 779 Total Other Comprehensive lncome/(loss) for the 381 (831) 57 (1,413) period/year XI Total Comprehensive Income for the period/year (IX+X) 3,796 1,147 4,700 12,935 XII Paid-up equity share capital (Face value of i 1/-each (Previous Year i 1/-each)) 152 152 152 152 XIII Other Equity excluding Revaluation Reserves as per Balance 1,13,539 sheet XIV Earning per Share" (Inf) (a) Basic 22.50 13.04 30.61 94.57 (b) Diluted 22.50 ,13.03 30.60 94.56 See accomcanvino notes to the financial results • Refer Nole 3 " Actuals for the Quarter, not annualised Pl Industries Ltd. Notes The above financial results were reviewed and recommended by the Audit Committee of the Company and approved by the Board of Directors at their meeting held on August 11, 2026. 2 The financial results for all the periods presented have been prepared in accordance with the recognition and measurement principles of Ind AS notified under the Companies (Indian Accounting Standards) Rules, 2015 as amended from time to time. 3 The figures for the quarter ended March 31, 2026 are the balancing figures between audited figures in respect of full financial year March 31, 2026 and the published unaudited year to date figures for the nine months period ended December 31, 2025. 4 The Company is in the business of manufacturing and distribution of Agro Chemicals and accordingly has one reportable business segment viz. 'Agro Chemicals'. 5 a) The carrying value of the Company's equity investment in PIHS had been reassessed as at March 31, 2026. There is no change in the underlying business strategy, however in view of the business losses and based on a valuation carried out by an independent valuer, the Company had recognised a provision of Rs 1,100 Mn in the quarter and year ended March 31, 2026. This was disclosed as an "Exceptional Item" in the financial results. The management remains confident about the long-term business prospects of PIHS. b) Pursuant to the notification of the 'New Labour Codes' as issued in November 2025. The Company reassessed its employee benefit obligations in accordance with the revised definition of wages and accordingly, an incremental liability of, 223 Mn had been disclosed as an "Exceptional Item" during the year ended March 31, 2026. Place: Mumbai For Pl Industries Limited Date: August 11, 2026 Regd. Office: Udaisagar Road, Udaipur -313001 (Raj) Mayank Singhal Phone: 0294 2492451-55 Fax: 0294 2491946 Vice Chairperson & Managing Director CIN:L24211RJ1946PLC000469 DIN: 00006651 Price Waterhouse Chartered Accountants LLP Review Report The Board of Directors PI Industries Limited Unit No. 3A, 1st Floor Wing A Next to JW Marriot Hotel Sahar Andheri East, Mumbai - 400099 Maharashtra, India 1. We have reviewed the Standalone Unaudited Financial Results of PI Industries Limited (the "Company") for the quarter ended June 30, 2026 which are included in the accompanying 'Statement of Standalone Unaudited Financial Results for the qua1ter ended 30th June 2026' (the "Statement"). The Statement has been prepared by the Company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations, 2015"), which has been initialled by us for identification purposes. The Statement is the responsibility of the Company's Management and has been approved by the Board of Directors. Our responsibility is to issue a report on the Statement based on our review. 2. 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 Cha1tered 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. 3. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and 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 Statement has not been prepared in all material respects in accordance with the applicable Accounting Standards prescribed under Section 133 of the Companies Act, 2013 an [Showing first 8,000 characters — download PDF for full document]