Outcome of Board Meeting

Date: 13th August, 2026 Ref.: PIL/ANB/L-036/2026-27 Company Code: PRAJIND Security Code No.: 522205 National Stock Exchange of India Ltd. BSE Ltd. Exchange Plaza, 5th Floor, Plot No. C/1, Phiroze Jeejeebhoy Towers, 25th Floor, G Block, Bandra-Kurla Complex, Dalal Street, Mumbai - 400 001 Bandra (East), Mumbai - 400 051 Sub.: Submission of Un-audited Financial Results (Standalone and Consolidated) of the Company for the first quarter ended 30th June, 2026. Dear Sir / Madam, The Board of Directors (“the Board”) at its meeting held on 13th August, 2026, which commenced at 11:00 a.m. and concluded at 3:40 p.m. has approved the Un-audited Financial Results (Standalone and Consolidated) of the Company for the first quarter ended 30th June, 2026, as reviewed and recommended by the Audit Committee. The Un-audited Financial Results (Standalone and Consolidated) of the Company for the first quarter ended 30th June, 2026, prepared in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, together with the Limited Review Report issued by M S K A & Associates LLP, Statutory Auditors of the Company are enclosed herewith. These Results are also being uploaded on the Company’s website at https://www.praj.net/investors-type/quarterly-results/. You are requested to kindly take the above information on your record. Thanking you, Yours faithfully, FOR PRAJ INDUSTRIES LIMITED ANANT BAVARE COMPANY SECRETARY & COMPLIANCE OFFICER (M. NO. 21405) Encl.: As above Praj Industries Limited Regd. Office: ‘Praj Tower’, 274 & 275/2, Bhumkar Chowk, Hinjewadi Road, Hinjewadi, Pune 411057. Ph.: +91-20-71802000 / 22941000 f: +91-20-22941299 e: info@praj.net w: www.praj.net CIN: L27101PN1985PLC038031 MSKA & Associates LLP Floor 6, Building No. 1 Cerebrum IT Park, Kalyani Nagar (Formerly known as MS KA Associates) Pune 411014, INDIA Chartered Accountants Independent Auditor's Review Report on standalone unaudited financial results of Praj Industries Limited for the quarter June 30, 2026 pursuant to the Regulation 33 of the SEBI (Listing Obligations and DisclOStJre Requirements) Regulations, 2015, as amended. To The Board of Directors of Praj Industries Limited 1. We have reviewed the accompanying statement of standalone unaudited financial results of Praj Industries Limited (hereinafter referred to as '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 Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('the Regulations'). 2. This Statement, which is the responsibility of the Company's Management and has been approved by the Company's Board of Directors, has been prepared in acct>rdance with the recognition and measurement principles laid down In Indian Accounting Standard 34 'Interim Financial Reporting', prescribed under Sectlon 133 of the Companfes Act, 2013 ('the Act') read with relevant rules issued thereunder ('Ind AS 34') and other recognfsed accounting principles generally accepted in India and is in compliance with the Regulations. Our responsibilfty 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. 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 specified under section 143(10) of the Act 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 stated in paragraph 3 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 Ind AS 34 and other recognised accounting principles generally accepted in India has not disclosed the information required to be disclosed in terms of the Regulations, Including the manner in which it is to be disclosed, or that tt contains any material misstatement. Registered Office: 602, Raheja Titanlum, Western Express HIKhway, Goregaon (East), Mumbaf-.o400063, Mahanishtra, lndla Tel: +91 22 6974 0200 I UPIN: ACT-3789 Ahmedabad I Ben11alul\J I Chandlsarh I Chenna1 I Coimbatore I Goa I GunJKram I Hyderabad I Koehl I Kolkata I M1n1ba1 ~.I•• M.SKA & Associates 'LLP (Formerly known as MS KA 6: Associates) Chartered Accountants 5. The Statement of the Company for the quarter ended June 30, 2025 was reviewed by another auditor whose report dated August 11, 2025 expressed an unmodified conclusion on those Statement. Our conclusion is not modified in respect of the above matter. For M S K A & Associates LLP (Formerly known as M S KA & Associates) Chartered Accountants ICAI Firm Registration Nitin Manoh) Partner Membership No.: 111700 UDIN: 2., I l 1~00 BK 'i 'T KV 2-.1t6<f Place: Pllle Date: August 13, 2026 Registered Offlce: 602, Raheja Tltanfum, We5tern Express Highway, Goregaon (East}, Mwnbal-400063, Maharashtra, lndfa Tel: +91 22 6974 0200 I UP1N: ACT·3789 Mmedabad I 8engaluru I Chandigarh I Chennai .I Coimbatore I Goa I Gurugram I Hyderabad I Koehl I Kolkata I Mumbai I Pune vtvM.ms!:a.lo PRAJ INDUSTRIES LIMITED ,.Ji CIN -L27101PN1985PLC038031 praJ Regd. Off. "PRAJ TOWER", S.NO. 274 & 275/2, BHUMKAR CHOWK -HINJEWADI ROAD, HINJEWADI, PUNE -411057 STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED 30 JUNE 2026 (Rupees in million except per share data) Particulars Quarter ended Year ended 30 June 31 March 30 June 31 March 2026 2026 2025 2026 (Unaudited) (Refer note 2) (Unaudited) (Audited) 1 INCOME Revenue from operations 5,392.480 6,928.096 5,103.171 25,859.347 Other income (Note 4) 292.153 314.919 131.866 719.898 Total Income 5,684.633 7,243.015 5,235.037 26,579.245 2 EXPENSES Cost of materials consumed 2,809.939 3,817.147 2,136.620 12,316.688 Purchases of stock-in-trade 372.394 397.952 289.112 1,392.647 Changes in inventories of finished goods and work-in-progress (66,104) 20.095 33.489 20.951 Employee benefits expense 640.808 757.813 638.946 2,689.233 Finance costs 7.938 18.597 14.119 61.759 Depreciation and amortisation expense 121.035 140,522 131.206 544.465 Other expenses 1,431.717 1,591.430 1.725.225 7,693.355 Total exoenses 5,317.727 6,743.556 4,968.717 24,719.098 3 Profit before exceotlonal Items and tax 11-2) 366.906 499.459 266.320 1,860.147 4 Exceptional Items (Note 5) 70.782 (238.308) 5 Profit before tax (3+4) 366.906 570.241 266.320 1,621.839 6 Tax expense Current tax 120.815 158.258 68.418 481.046 Deferred tax (27.311) {10.352) (1.7.0 4) {64.057) Adjustments of tax relating to earlier periods 18.958 - Total tax expense 112.462 147.906 66.714 416.989 7 Profit for the period (5-6) 254.444 422.335 199.606 1,204.850 8 Other comprehensive Income Items that will not be reclasslfled to profit and loss: Re-measurement of defined benefit plans {3.326) 15.468 8.880 48.920 Income tax effect 0.837 (3.893) (2.235) (12.312) Items that will be reclasslfled to profit or loss Debt instruments recognised through other comprehensive income (2.095) 1.448 0.262 Income tax effect 0.527 (0.364) (0.066) Other comprehensive Income (2.489) 10.007 7.729 36.804 9 Total comprehensive income for the period (7+8) 251.955 432.342 207.335 1,241.654 Earnings per equity share (Nominal value per share Rs. 2 each) Basic 1.38 2.30 1.09 6.55 Diluted 1.38 2.30 1.09 6.55 Notes to the standalone financial results: [Showing first 8,000 characters — download PDF for full document]