Outcome of Board Meeting

REF: LOYAL/SEC/2026-27/008 August 14, 2026 The Secretary, Listing Department The Manager, Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No.C/1, G Block, Dalal Street, Bandra-Kurla Complex, Bandra(E), Mumbai - Mumbai - 400 001 400 051. Scrip Code: 514036 Symbol: LOYALTEX Dear Sir / Madam, Sub: Intimation of outcome of the Board Meeting held on August 14, 2026 The Board of Directors of the Company, at their meeting held today, have inter alia approved the Unaudited Standalone and Consolidated Financial Results of the company for the quarter ended June 30, 2026. Pursuant to Regulation 33 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we enclose the statement showing the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026, along with the Statutory Auditors Limited Review Report. a) Notice of Annual General Meeting – approved. The 80th Annual General Meeting of the shareholders of the company is scheduled to be held on Tuesday, 22nd September 2026 through Video Conferencing / Other Audio-Visual means. b) Director’s Report along with annexure – approved. The Board has approved the Director’s report along with the annexures to the Director’s report. The meeting commenced at 2:00 P.M (IST) and concluded at 5.30 P.M (IST) Thanking You, Yours faithfully For LOYAL TEXTILE MILLS LIMITED Dr. V. Rajesh Company Secretary Membership No. F 9213 Encl: As above Loyal Textile Mills Limited Registered Office : 2114 Mills Street, Kovilpatti 628 501 CIN : Ll7lllTNl946PLC001361 Statement Of Unaudited Standalone Financial Results for the Quarter Ended 30th June 2026 (Amounts are in INR Lakhs unless specified) Ended Quarter Year Ended S.Nc Particulars 30.06.2026 31.03.2026 30.06.202s 31.03.2026 ll lnarrditcdl lArrditedl ll lnarrditadl (Auditedl I INCOME Revenue from Operations 8,606.24 8,183.79 1 3,010.96 42,195.77 Other lncome 474.53 306.74 106.98 1,479.69 Total lncome 9,080.77 8,490.53 13,117.95 43,675.46 il EXPENSES Cost of materials consumed 3,876.09 3,960.37 5,587 46 17,186.33 Purchase of Stock-in-Trade 4.52 87.81 356.97 Changes in lnventories of Finished Goods 373.1 3 (s1s.es) 1,538.45 2,085.99 Work-in-progress 594.72 1,008.96 1,222.36 4,282.48 Employee Benefits Expense 't,895.4'l 1,482.80 2,501.31 8,610.56 Finance costs 501.30 674.29 949.34 3,277.36 Depreciation and amortization expense 283.16 467.98 535.85 1,978. 15 Other expenses 2,09'1.83 2.318.74 3,581.58 11.588 52 Total Expenses 9,620.17 9,485.01 15,916.36 49,366.35 ilt ProfiU(Loss) before exceptional items and tax - (l-ll) (s39.40) (994.48 (2,798.41 (5,690.89) IV Exceptional ltems 233.76 1,256.31 457.66 (371.97) Profit / (Loss) before tax (lll+lV) (305.64) (2,250.79 (2,340.75 (6,062.86) vt Tax expense: (1) Current tax (2) Deferred tax Expenses/(lncome) (e0.00) (1,162.70) (578.1 0 (1,001.00) Profit / (Loss) for the period after tax from Continuing vil (215.64) (1,088.0s) (1,752.65) (5,061.86) Operations (V-Vl) A. ProfiU (Loss) from Discontinued operations (1 18.04) (620.37) (7s0 e6) (2,332.03) B. Gain/(Loss) On Sale of Discontinued Opetations (le.24) 772 13 C. Tax Expenses of Discontinued Operations Profit / (Loss) for the period after tax from Discontinued vilt Ooerations (A+B-C) (r 18.04) (63s.61) (750.e6) (1,ssg.90) tx ProfiU(Loss) for the period after tax (Vll + Vlll) (333.68) (1,727.711 (2,513.52) (6,621.76 (A) ltems that will not be reclassified to Profit or (Loss) 17.66 7.50 (32.63) (52.31) (B) lncome tax relating to items that will not be reclassified to (6.17) (2.82) 11.73 18.28 Profit or Loss x Total Other Comprehensive lncome/(Loss) (A+B) 't1.49 4.67 (20.90) (34.03 xt Total Comprehensive lncome for the Period (lX + X) (322.1 9) (1,723.03) (2,534.s21 (6,655.79 xil Earnings Per Share Paid - up equity share capital (Face Value of Rs.10/- per 481.64 481 64 481 64 481.64 share) Earnings per Share ( EPS) - Continuing Operations - Basic & Diluted EPS (4.48) (22.5e) (36.60) (105.10) Earnings per Share ( EPS) - Discontinued Operations - Basic & Diluted EPS (2.4s) ( 1 3.28) ( 1 5.5e) (32.3e) Earnings per Share ( EPS) - Continuing and Discontinued Operations - Basic & Diluted EPS (6.e3) (35.87) 52 19) (1 37.48) For Loyal Textile Mills Limited Date : 'l4th August 2026 Valli M Ramaswami Place : Chennai Chairperson and Wholetime Director O+il\AYYa a Fot '. ldo.otilincartYion 5o %t"., ^cod$S Notes to Unaudited Standalone Financial Results: The Unaudited Standalone Financial Results for the Quarter Ended 30th June 2026 have been reviewed by the Audit Committee and thereafter approved by the Board of Directors of the company at their respective meetings held on 14th August 2026. The Statutory Auditors have conducted a "Limited Review" of these Standalone Financial Results in terms of Regulation 33 of SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015. 2 The Unaudited Financial Results have been prepared in accordance with lndian Accounting Standards 34 "lnterim Financial Reporting" (lnd AS 34) prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in lndia 3 The Figures for the Quarter Ended 3lst March 2026 are the balancing figures between audited figures in respect of full financial year ended 31st March 2026 and the unaudited published figures for the Nine months ended 31st Decemeber 2025. The Figures for the corresponding previous period have been regrouped and reclassified, wherever necessary to make them comparable. The Company's business relates to Manufacturing of Textiles and Garments, which in the context of lndian Accounting Standard 108 (lND AS 108) as notified under Section 133 of the Companies Act 20'13 is considered as the only reportable operating segment of the company. 5 Exceptional items includes a) Cunent Year (i) Profit on Sale of Assets - INR 233.76 Lakhs. The Company has disposed of certain idle plant and machinery that had been identified as surplus to operating requirements. b) Previous Year (i) Profit on Sale of Assets - INR 3381.64 Lakhs - the Company has disposed of certain assets comprising land, wind mills and idle plant and machinery that had been identified as surplus to operating requirements. (ii) lmpairment of lnventories - INR (3646.60 Lakhs) - Due to tariff-related uncertainties impacting demand, geopolitical developments, the net realisable value of certain inventories was assessed to be lower than their carrying cost. (iii) New Labour Code - Gratuity Obligation - INR (107 Lakhs) - due to the effect of the change in the actuarial computation of the defined benefit obligation arising from the broadened wage definition as per New Labour Code 6 The Company continues its efforts towards realignment and rationalisation of its manufacturing operations with the objective of improving capacity utilisation, enhancing operational efficiencies and optimising costs to achieve sustainable profitability at the operational level. The Company has made considerable progress in monetisation of underutilised and non-core assets and has further identified certain assets for monetisation, including assets classified as "Held for Sale', with the objective of reduction of debt, strengthening liquidity and improving overall cost efficiencies. Considering the progress achieved so far in operational improvement and liquidity enhancement, the management is confident of achieving sustainable operational profitability in the near future. Note on Discontinued Operations Details of lncome and Expenses of Discontinued Operations are given below: Particulars Quarter Ended Year Ended 30.06.2026 31.03.2026 30.06.2025 31.03.2026 Revenue from Operations 5.89 543 05 725.69 Less: Expenses 123.93 620.31 1,294.01 3,057.72 a. Net lncome/ (Loss) 1 18.04) (620.37) (750.96) (2,332.03) b. Gain On Sale of Discontinued (le.24) 772 13 Opetations c. Profit / (Loss [Showing first 8,000 characters — download PDF for full document]