Standalone and Consolidated Financial Results for the quarter ended June 30, 2026

Kitex Garments Limited (CIN: L18101KL1992PLC006528) Regd Office: Building No. VI/496, Kizhakkambalam, Vilangu P.O, Aluva, Ernakulam – 683561, Kerala Phone: 91 484 2585000, Fax: 91 484 2680604 Email: sect@kitexgarments.com Website: www.kitexgarments.com Ref: KGL/SE/2026-27/AUG/02 August 14, 2026 BSE Limited National Stock Exchange of India Ltd Corporate Relations Department, L i sting Department, Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block, Dalal Street, Mumbai – 400 001, Bandra Kurla Complex, Bandra (East), Maharashtra, India Mumbai - 400 051, Maharashtra, India BSE Scrip Code : 521248 NSE Symbol : KITEX Dear Sir/ Ma’am, Sub: Outcome of Board Meeting held on August 14, 2026 Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 and 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the “SEBI Listing Regulations”), we wish to inform you that, the Board of Directors of the Company at its meeting held today, i.e. Friday, August 14, 2026 has, inter alia, considered and approved the following businesses: 1. Unaudited financial results (Standalone and Consolidated) along with Limited Review Report for the quarter ended June 30, 2026. The unaudited financial results along with the Limited Review Report issued by the Statutory Auditor of the company are enclosed herewith as Annexure - A. 2. Raising of funds by way of issuance of equity shares, non-convertible debentures along with warrants, any other eligible securities convertible into equity shares of the Company, or any combination (collectively “Securities”) through permissible modes, for an aggregate amount not exceeding Rs.3,000 Crores (Rupees Three Thousand Crores only) or an equivalent amount thereof by way of one or more Qualified Institutional Placement (‘QIP’) or through any other permissible mode and/or combination thereof, in one or more tranches, as may be considered appropriate under applicable law, subject to such regulatory/statutory approvals as may be required and the approval of shareholders of the Company. The terms of the aforesaid issue will be determined by the Board or any Committee which the Board may have constituted or hereinafter to be constituted for the time being, for exercising the powers conferred on the Board in accordance with the approval of the shareholders, at an appropriate time. The details under Regulation 30 of SEBI Listing Regulations read with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026 is enclosed herewith as Annexure - B Kitex Garments Limited (CIN: L18101KL1992PLC006528) Regd Office: Building No. VI/496, Kizhakkambalam, Vilangu P.O, Aluva, Ernakulam – 683561, Kerala Phone: 91 484 2585000, Fax: 91 484 2680604 Email: sect@kitexgarments.com Website: www.kitexgarments.com The Board Meeting commenced at 3.00 P.M. and concluded at 4.00 P.M. The above information is also available on the website of the Company i.e. www.kitexgarments.com/ We request you to kindly take the information on record. Yours faithfully, For Kitex Garments Limited Dayana Joseph Company Secretary & Compliance Officer Enclosure: As above Annexure - A MSKA & Associates LLP i o, Gy (Formerly known as M S K A & Associates) Cheninal 600032, INDIA Chartered Accountants Independent Auditor’s Review Report on Standalone unaudited financial results of Kitex Garments Limited for the quarter ended June 30, 2026 pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. To The Board of Directors of Kitex Garments Limited 1. We have reviewed the accompanying Statement of standalone unaudited financial results of Kitex Garments 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 Company’s Management and has been approved by the Company’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 ‘Interim Financial Reporting’, prescribed under Section 133 of the Companies Act, 2013(‘the Act’), read with relevant rules issued thereunder (‘Ind AS 34’), and other recognised accounting principles generally accepted in India, and is in compliance with the Regulations. Our responsibility 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 Engagement (SRE) 2410, “Review of Interim Financial Information Performed by the Independent Auditor of the Entity” issued by the Institute of Chartered 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. 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, Basis for Qualified Conclusion: The Company has an investment in an Associate Company, Kitex USA LLC, amounting to Rs. 2,776.24 Lakhs as at June 30, 2026 (March 31,2026: Rs. 2,776.24 lakhs). The associate entity has incurred continuous losses and its net worth has fully eroded as at the reporting date. The management of the Company has determined the carrying value of investment from the said Associate as recoverable based on valuations performed and future projected cash flows, after considering the proposed changes in the business plan, forecasted future revenue growth and expected higher margin contributions. For the quarter ended June 30, 2026, the management of the Company has not been able to provide corroborative evidence to substantiate the reasonableness of the above-mentioned unobservable inputs. Accordingly, we are unable to comment on the recoverability of the carrying value of the investment in Kitex USA, LLC as at June 30, 2026. This matter was also qualified in our report on the standalone audited financial results for the year ended March 31, 2026, and for the quarter ended June 30, 2025. Registered Office: 602, Raheja Titanium, Western Express Highway, Goregaon (East), Mumbai-400063. Maharashtra, India Tel: +91 22 6974 0200 | LLPIN: ACT-3789 Ahmedabad | Bengaluru | Chandigarh | Coimbatore | Goa | Gurugram | Hyderabad | Kochi | Kolkata | Mumbai | Pune www.mska.in : Olympia Cyberspace, 10th Floor . Chartered Accountants 5. Based on our review conducted as stated in paragraph 3 above, with the exception of the matter described in the paragraph 4 and the effects thereon, 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 it contains any material misstatement. For M S K A & Associates LLP (Formerly known as M S K A & Associates) Chartered Accountants ICAI Firm Registration No.105047W/W101187 S. Manikandan Partner Membership No.: 226060 UDIN: 2622 6060CNAEHF .02 Place: Chennai Date: Augu [Showing first 8,000 characters — download PDF for full document]