Financial Results for the Quarter ended June 30, 2026

SOLANA BIOFUELS LIMITED (Formerly known as (Formerly known as Southern Online Bio Technologies Limited) Date: August 14, 2026 The Listing Compliance Department BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai – 400 001 Dear Sir/Madam, Sub: Outcome of the Board Meeting Ref: Scrip code: 532669 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), we wish to inform that, the meeting of the Board of Directors of the Company held on Friday, August 14, 2026, commenced at 3:30 P.M and concluded at 4.20 P.M. The Board inter-alia considered and approved the following: 1. The unaudited standalone financial results of the Company for the first quarter ended June 30, 2026. (enclosed herewith) 2. Took note of the Limited Review Report issued by M/s. Darapaneni & Co., Chartered Accountants, Statutory Auditors of the Company on the unaudited standalone financial results for the first quarter ended June 30, 2026. (enclosed herewith) 3. The Directors Report for the financial year ended 31st March, 2026. 4. Resolved to hold the 28th Annual General Meeting (AGM) of the Company on Wednesday, 30th September, 2026. CIN: L72900TG1998PLC030463 Registered Office: A3, 3rd Floor, Office Block, Samrat Complex, Saifabad, Hyderabad - 500 004. Telangana, India. Phones: +91-40-23241999, +91-40-44341999, Fax: +91-40-23241444, email: cs@sol.net.in, website: www.sol.net.in Unit- I : Survey No. 6 & 7, Samsthan Narayanapur (V&M), Yadadri Bhuvanagiri Dist.,508 253 Telangana, Ph.: +91 8681 287575 Unit - II : Plot No. 45/A, APIIC-SEZ, Atchutapuram (V&M), Visakhapatnam Dist.-531011, Andhra Pradesh, India. Corporate Office: Flat No. 602, 6th Floor, Swarna Jayanthi Complex, Beside Maitrivanam, Ameerpet, Hyderabad - 500 038. SOLANA BIOFUELS LIMITED (Formerly known as (Formerly known as Southern Online Bio Technologies Limited) 5. Approved the Notice of the 28th Annual General Meeting (AGM) of the Company, inter alia, along with the E-voting schedule in connection with the AGM and other related matters. You are requested to take the same on your record. Thanking you For Solana Biofuels Limited (Formerly known as Southern Online Bio Technologies Limited) Dr. Devaiah Pagidipati Chairman and Managing Director DIN: 05147621 Encl: A/a. CIN: L72900TG1998PLC030463 Registered Office: A3, 3rd Floor, Office Block, Samrat Complex, Saifabad, Hyderabad - 500 004. Telangana, India. Phones: +91-40-23241999, +91-40-44341999, Fax: +91-40-23241444, email: cs@sol.net.in, website: www.sol.net.in Unit- I : Survey No. 6 & 7, Samsthan Narayanapur (V&M), Yadadri Bhuvanagiri Dist.,508 253 Telangana, Ph.: +91 8681 287575 Unit - II : Plot No. 45/A, APIIC-SEZ, Atchutapuram (V&M), Visakhapatnam Dist.-531011, Andhra Pradesh, India. Corporate Office: Flat No. 602, 6th Floor, Swarna Jayanthi Complex, Beside Maitrivanam, Ameerpet, Hyderabad - 500 038. SOLANA BIOFUELS LIMITED (Formerly known as (Formerly known as Southern Online Bio Technologies Limited) M/s. Solana Biofuels Limited (Formerly Known as Southern Online Biotechnologies Limited) Un - Audited Financial Results for The Quarter Ended June 30th, 2026 Rs. Lakhs Year Quarter Ended Ended Particulars 30.06.2026 31.03.26 30.06.2025 31.03.2026 Unaudited Audited Unaudited Audited I Revenue from operations Sale of goods/Income from operations 2,134.72 2,432.13 2,939.68 9,557.17 Other operating revenues Total revenue from operations 2,134.72 2,432.13 2,939.68 9,557.17 II Other income 6.02 8.09 7.98 28.09 III Total income (I+II) 2,140.74 2,440.22 2,947.66 9,585.26 IV Expenses a) Cost of materials consumed 3,261.66 2,362.95 1,855.45 8,301.14 b) Purchases of stock- in-trade Changes in inventories of finished goods and c) (1,183.08) 22.60 1,137.47 1,225.39 work in progress d) Employee benefits expenses 27.16 87.44 98.50 377.27 e) Finance costs 67.41 73.16 69.69 287.45 f) Depreciation and amortisation expense 58.48 59.60 92.74 304.76 g) Other expenses 42.84 116.28 94.90 326.61 Total expenses 2,274.47 2,722.03 3,348.75 10,822.62 Profit/(loss) before Exceptional Item and tax (III- V (133.73) (281.81) (401.09) (1,237.36) Exceptional Item (Net of Taxes) VI Profit/(loss) before Tax (133.73) (281.81) (401.09) (1,237.36) VII Tax expenses: a) Current tax b) Deferred tax charge/(credit) - - - - Total Tax Expense - - - - VIII Net Profit for the period (V-VI) (133.73) (281.81) (401.09) (1,237.36) IX Other comprehensive income(net of tax) (i) Items that will not be reclassified to profit a) or loss Remeasurements of the net defined benefit -0.06 - 1.62 plans Income tax relating to these items that will not be reclassifeid subsequently to profit or loss Other comprehensive income/(loss) (net of tax) (0.06) - 1.62 X Total comprehensive income/(loss) (VII+VIII) (133.73) (281.87) (401.09) (1,235.74) XI Paid-up Equity Share Capital (face value ₹ 10 each) 4,500.00 4,500.00 4,500.00 4,500.00 XII Other Equity (2,209.60) (2,075.87) (1,241.22) (2,075.87) XIII Net Worth 2,290.40 2,424.13 3,258.78 2,424.13 CIN: L72900TG1998PLC030463 Registered Office: A3, 3rd Floor, Office Block, Samrat Complex, Saifabad, Hyderabad - 500 004. Telangana, India. Phones: +91-40-23241999, +91-40-44341999, Fax: +91-40-23241444, email: cs@sol.net.in, website: www.sol.net.in Unit- I : Survey No. 6 & 7, Samsthan Narayanapur (V&M), Yadadri Bhuvanagiri Dist.,508 253 Telangana, Ph.: +91 8681 287575 Unit - II : Plot No. 45/A, APIIC-SEZ, Atchutapuram (V&M), Visakhapatnam Dist.-531011, Andhra Pradesh, India. Corporate Office: Flat No. 602, 6th Floor, Swarna Jayanthi Complex, Beside Maitrivanam, Ameerpet, Hyderabad - 500 038. SOLANA BIOFUELS LIMITED (Formerly known as (Formerly known as Southern Online Bio Technologies Limited) XIV Debenture Redemption reserve XV Capital Redemption reserve XVI Securities premium account XVII Paid-up debt Capital XVIII Earnings per share (face value ₹ 10 each) a) Basic (₹) (0.30) (0.63) (0.89) (2.75) b) Diluted (₹) (0.30) (0.63) (0.89) (2.75) Notes: 1. The above Financial results have been reviewed by the audit committee, approved by the Board of Directors in its meeting held August 14, 2026 and reviewed by the Statutory auditors of the Company. 2. The Financial results of the Company have been prepared in accordance with Indian Accounting Standards (IND AS) notified under the Companies (Indian Accounting Standards) Rules 2015 as amended by the Companies (Indian Accounting Standards) (Amendment) rules 2016. 3. Previous period's figure has been re-grouped/re-arranged wherever required in conformity with current period's presentation. For M/s. Solana Biofuels Limited Dr. Devaiah Pagidipati Chairman & Managing Director DIN: 05147621 Date: August 14th, 2026 Place: Hyderabad CIN: L72900TG1998PLC030463 Registered Office: A3, 3rd Floor, Office Block, Samrat Complex, Saifabad, Hyderabad - 500 004. Telangana, India. Phones: +91-40-23241999, +91-40-44341999, Fax: +91-40-23241444, email: cs@sol.net.in, website: www.sol.net.in Unit- I : Survey No. 6 & 7, Samsthan Narayanapur (V&M), Yadadri Bhuvanagiri Dist.,508 253 Telangana, Ph.: +91 8681 287575 Unit - II : Plot No. 45/A, APIIC-SEZ, Atchutapuram (V&M), Visakhapatnam Dist.-531011, Andhra Pradesh, India. Corporate Office: Flat No. 602, 6th Floor, Swarna Jayanthi Complex, Beside Maitrivanam, Ameerpet, Hyderabad - 500 038. SOLANA BIOFUELS LIMITED (Formerly known as (Formerly known as Southern Online Bio Technologies Limited) Un Audited Segmental Information for The Quarter / Year Ended June 30th, 2026 Rs. Lakhs Quarter Ended Year Ended Particulars 30 Jun' 26 31 Mar' 26 30th June' 25 31 Mar'26 Segment Value of Sales and Services Internet Services 16.33 20.20 19.55 79.00 Revenue from Sale of Biofuels 2,124.41 2,420.02 2,928.11 9,506.26 Revenue From Operations 2,140.74 2,440.22 2,947.66 9,585.26 Segment Results (EBITDA) Internet Services (5.23) (43.10) (7.29) (60.75) Bio Diesel (8.63) (114.11) (239.35) (610.88) Total Segment Profit before Interest, Tax, Exceptional item and (13.86) [Showing first 8,000 characters — download PDF for full document]