Unaudited standalone and consolidated financial result for the quarter ended June 30, 2026

Date: 13th August, 2026 To To, The Dy. Gen. Manager, National Stock Exchange of India Ltd. Corporate Relationship Dept., Exchange Plaza, BSE Limited Plot no. C/1, G Block PJ Tower, Dalal Street, Bandra-Kurla Complex, Bandra (E) Mumbai-400001 Mumbai-400051 Equity Scrip Code: 531845 Equity Scrip Name: ZENITHSTL Sub.: Outcome of Board Meeting held on Thursday, 13 th August, 2026 Pursuant to the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 and other applicable provisions, if any, we would like to inform you that the meeting of the Board of Directors of Zenith Steel Pipes & Industries Limited held today i.e., Thursday, 13th August, 2026, at Dalamal House, 1st Floor, Nariman Point, Mumbai- 400021 inter-alia has considered and approved the following businesses: 1. Unaudited Standalone and Consolidated Financial Results for the quarter (Q1) ended June 30, 20al2ong w6ith Limited Review Report, are enclosed herewith for information and record. Please note that in terms of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the securities of the Company will open after 48 hours of the results are made public on Thursday, 13 th August, 2026. Also please note that the Board meeting commenced at 6.00 p.m. to conclude at 10.30 p.m. Kindly take the same on your record. Thanking You Yours Faithfully For Zenith Steel Pipes & Industries Limited Minal Umesh Pote Whole time Director DIN: 07163539 ZENITH STEEL PIPES & INDUSTRIES LIMITED Corp. Off . : Dalamal House, 1st Floor, 206, J.B. Marg, Nariman Point, Mumbai - 400021. India. Tel.: +91 22 6616 8400 Email: zenith@zenithsteelpipes.com, www.yashbirlagroup.com CIN: L29220MH1960PLCO11773 Registered Office: Industry House, 5th Floor, 159, Churchgate Reclamation, Mumbai 400020 THE YASH BIRLA GROUP ZENITH STEEL PIPES & INDUSTRIES LIMITED Regd. Office : 5th Floor Industry House, 159, Churchgate Reclamation, Mumbai-400 020. CIN: L29220MH1960PLC011773 email ID: zenith@zenithsteelpipes.com Web: www.zenithsteelpipes.com Tel:022-66168400 Fax: 02222047835 UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED 30th JUNE 2026 Income | Revenue From Operations 706.75 852.58 1,891.87 4,997.31 ll {Other Income 166.33 378.01 652.89 2,379.28 II {Total Income (I+11) 873.08 1,230.59 2,544.76 7,376.59 IV |Expenses Consumption of raw materials and components 303.05 319.60 1,159.79 2,672.55 Purchase of stock-in-trade - 0.00 104.14 119.84 Changes in inventories of finished goods, stock-in-trade and semi finished goods (131.43) 91.72 (180.80) 199.04 Employee benefit expenses 112.28 150.31 114.79 510.75 Finance cost 61.08 60.03 61.65 248.02 Depreciation and amortisation expense 47.55 48.02 48.51 192.19 Other expenses 445.49 652.40 1,138.74 3,247.19 Total Expenses (IV) 838.02 1,322.08 2,446.82 7,189.58 V___|Profit/(Loss) before exceptional items and tax (III - IV) 35.06 (91.49) 97.94 187.01 VI___|Exceptional items (Refer Note 17) - 131.07 - 131.07 VIL [Profit/(Loss) before tax (V + VI) 35.06 39.58 97.94 318.08 Vill {Tax expense: Current tax - - - - IX __|Profit/(Loss) for the period from continuing operations (VII-VIII) 35.06 39.58 97.94 318.08 X___|Profit/(Loss) from discontinuing operations (1.94) (2.86) (2.29) (6.99) XI |Tax expense of discontinuing operations - - = - XI|_|Profit/(Loss) from discontinuing operations (after tax) (X-X!) (1.94) (2.86) (2.29) (6.99) XIIL__|Profit/(Loss) for the period (IX- XII) 33.12 36.72 95.65 311.09 XIV |Other Comprehensive Income - (0.75) - (0.75) XV__|Total Comprehensive Income for the Period (XIII+XIV) 33.12 35.97 95.65 310.34 Paid-up equity share capital (Face value of Rs. 10/- each) 14,228.04 14,228.04 | 14,228.04 14,228.04 Reserves excluding revaluation reserves (as per audited balance sheet) (38,957.34) XVI |Earnings per equity share Basic and Diluted EPS for the period from Continuing and Discontinuing Operations 0.02 0.03 0.07 0.22 Basic and Diluted EPS for the period from Continuing Operations 0.02 0.03 0.07 0.22 Basic and Diluted EPS for the period from Discontinuing Operations (0.00) (0.00) (0.00) (0.00) * Earnings per equity share for the quarter is not annualised See accompanying notes to the Standalone Financial Results = and on behalf of the Board of Directors M mesh Pote Date: 13th August, 2026 Whole Time Director Place: Mumbai DIN: 07163539 ZENITH STEEL PIPES & INDUSTRIES LIMITED Corp. Off.: Dalamal House, 1st Floor, 206, J.B. Marg, Nariman Point, Mumbai - 400 021. India. Tel.: +91 22 6616 8400 Fax : +91 22 2204 4835 Email : zenith@zenithsteelpipes.com, www.yashbirlagroup.com CIN : L29220MH1960PLC011773 Registered Office : Industry House, 5th Floor, 159, Chuchgate Reclamation, Mumbai 400 020. THE YASH BIRLA GROUP Notes to the Unaudited Standalone Financial Results: 1. The above unaudited standalone financial results of Zenith Steel Pipes & Industries Limited (“The Company”) for the quarter ended 30/06/2026 (the ‘Statement’ or ‘Results’) have been prepared in accordance with recognition and measurement principles laid down in Indian Accounting Standards (‘Ind AS’) 34 — Interim Financial Reporting and as prescribed under Section 133 of the Companies Act, 2013 (the ‘Act’) read with the Companies (Indian Accounting Standards) Rules, 2015 as amended from time to time and other relevant accounting principles generally accepted in India and in compliance with Regulation 33 of Securities and Exchange Board of India (‘SEBI’) Listing Obligations and Disclosure Requirements Regulations, 2015, as amended from time to time (the ‘Listing Regulations’). These unaudited standalone financial results have been reviewed and recommended by the Audit Committee and thereafter approved by the Board of Directors of the Company at their respective meetings held on 13/08/2026. 2. The statutory auditors of the Company have conducted the limited review of the results for the quarter ended 30/06/2026 and have issued an qualified conclusion in their limited review report. The financial results for the quarter ended 30/06/2025 were reviewed by the predecessor statutory auditors. 3. Other Income include foreign exchange gain of Rs.162.15 Lakhs for the quarter 30/06/2026. (Quarter ended 30/06/2025 Rs.30.42 Lakhs). 4. The Company was prohibited from accessing the securities market for a period of three years pursuant to a SEBI order dated 31/03/2021, in relation to alleged violations of certain provisions of the SEBI Act, 1992 and the SEBI (Issue of Global Depository Receipts) Regulations. The Company filed an appeal against the said order before the Securities Appellate Tribunal (SAT) on 16/07/2021. Following the completion of final hearings on 03/01/2023, SAT issued its order dated 21/02/2023, wherein the Company's appeal was partially allowed. The period of debarment was restricted to the duration already undergone, and the monetary penalty was reduced from Rs.1000.00 lakhs to Rs.25.00 lakhs. The Company has recognized the reduced penalty as a provision in the financial statements for the year ended 31/03/2023. However, the amount remains unpaid as of 30/06/2026. Subsequently, SEBI has filed a Civil Appeal before the Hon’ble Supreme Court of India against the SAT ruling, which was admitted vide order dated 02/01/2024. As on the date of reporting, no further directions or communications have been received from the Hon’ble Court. The matter is currently sub judice and the Company continues to monitor further developments. Management believes that, based on legal advice received, the likelihood of an adverse outcome is presently not probable. Accordingly, no further adjustments are considered necessary in the books of account as of the reporting date. As on date, the company has not received any further communication in regards to the same. 5. The Company has identified certain frozen current bank accounts that have not been in use during the reporting period. As of 30/06/2026, the bank statements and [Showing first 8,000 characters — download PDF for full document]