unaudited quarterly financial results

(%%) THAKRAL TSIL/ 6 2352/2026 14-08-2026 The Manager Department of Corporate Relationship Cell BSE Limited Phiroze Jeejeebhoy Towers, 25t Floor, Dalal Street, Mumbai - 400 001 Dear Sir, Sub: Outcome of Board Meeting held on 14-08-2026 Ref: Stock Exchange Scrip Code No.509015 Pursuant to Regulation 33 of SEBI (Listing Obligation and Disclosure Requirements) Regulation 2015, we wish to inform you that the Board of Directors of the Company had approved the following: 1) Considered and approved the Un-Audited Financials for the Quarter ended 30.06.2026. 2) Fixed Annual General Meeting for the FY 2025-26 on 21.09.2026. 3) Re-appointment of Mrs. Nirmala Sridhar as Managing Director. The Board Meeting commenced at 04:30 PM. and was concluded at &.30P.M. This is for your information and records. Thanking you, Yours faithfully, FOR THAKRAL SERVICES (INDIA) LIMITED RMALA SRIDHAR DIN: 07076059 THAKRAL SERVICES (INDIA) LIMITED 1st Floor, Shree Rajarajeshwari Arcade, No. 23/50/1A/514/2/1-1, Near Courtyard Marriott Hotel, Outer Ring Road Opp. Lumbini Garden, Veerannapalya Flyover, Bengaluru - 560 045, INDIA Voice : +91-80-25593891 www thakral-india cnin G TN -1 70101K81983PLE006 119 Thakral Services (India) Limited CIN-170101KA1983PLC005140 Regd. office : 15t Floor, Rajarajeswari Arcade, Outer Ring Road, Veerannapalyz, Bengaluru, 560045 (Attamounts in Indian Rupees in Lakhs, untess otherwise stated] Statement of Unaudited Financial Results for the quarter ended June 30, 2026 Quarter ended Vearended ParficSiars June30, March 31, June 30, March 31, 2026 2026 2025 2026 [Unaudited) [Refer Note 06] (Unaudited) [Audited) T Revenue from operations 1658 3269 1433 7407 Il Other income 12.76 856 115 34.66 1l Total Revenue (1+1)) 2034 4125 15.48 10873 IV Expenses Purchase of stock Intrade = - - - Change i inventores off inished goods, stockin trade and workin = = - = progress Employee benefit Expenses 1462 13.99 1091 46.56 Finance costs - - - - Depreciation and amortisation expenses . - = . Other expenses 16.00 1497 12,08 6532 Total Expenses (IV) 3062 28.96 2299 11188 V' Profit/(Loss) before cxceptional items and tax 1l IV) (1.28)| 1220 (751) (3.15)| VI Exceptional ltems - B - - VIl Profit/{Loss) before tax (1.28) 12.29 (7.51] (3.15) VIll Tax expense: Currenttax < » = < Deferred tax S B - - Earlier years tax - - - - IX Profit/ (Loss) for the periodye (1.28) 1229 (751 (3.15) X Other Comprehensive Income (i) Items that will be reclassified to the profitor loss - = - - i) Incotamx eon items that will be reclassifietdo the proofr ilotss - - - - items that will ot be reclassified to the profitor loss 5 5 - : ) Remeasurement of Defined employee benefitplans. - (1.56)| (1.56) (i) Income tax on items that will not be reclassified to the profitor loss - - - - Total Other Comprehensive Income {net of taxes) = (1.56) - (1.56) Total Comprehensive Income for The Period/Year (1.28) 1073 (7.51) (4.71) Paid-up share capital (par value 33/~ each fully paid) 352.05 352.05 352.05 35205 X1 Earnings per Equity share (Rs.) - Basic and diluted (not annualised) (0.01) 010 (0.06) (0.03) Notes: 1. The above financial results have been reviewed and approved by the board at their meeting held on August 14, 2026, The Statutory Auditors of the Company have carried out review of the results for the quarter ended June 30, 2026, 02, The Company has presented these financial results in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards as prescribed under section 133 of the CompaniAecst, 2013 read with the relevant rules issued thereunder and the other accounting principtes generally acceptedin India. 03, The Companhays Trade Receivables, amounting to Rs. 34.47 Lakhs as on June 30, 2026. The managementis confident tis willbe recovered in due course of time, and as such, confirmations have not been received from customers and no provision has been made for the same n the books of account. 04. The Campany has prepared the Financial Results by applying the going concern assumption, even though the Company has accumulated losses of Rs. 1,274.15 Lakhs s at June 30, 2026, Even thougn the Gompany's current business operations have been transferred to Thakralinniovation Pyt Ltd. effective from October 1, 2023, the management is o the view that, with [future new business prospects, the operations of the Company willmprove. 05, Previous periodyear figures have been regrouped or rearranged wherever necessary to confirm to current year classification. 06. The figures of the quarter ended March 31, 2026 are the balancing figures between audited figures in respect of the full financialyear up to March 31, 2026 and the unaudited year-to- dete figures up to Decembe31r, 2025, being the date of the end of the third quarter of the financial year which were subjected to imited review. Forand on behalf o the Board of Directors ‘Thakral Services (India) Limited Place : Bengaluru Ni ar Date : August 14,2026 Managing Director CHARTERED ACCOUNTANTS Independent Auditor’s Review Report on Unaudited Financial Results of the Company for the quarter ended June 30, 2026 The Board of Directors, Thakral Services (India) Limited. Introduction 1. We have reviewed the accompanying Statement of Unaudited Financial Results of M/s. Thakral Services (India) Limited (the “Company” / “TSIL”) for the quarter ended June 30, 2026 (the “Statement”), being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended). 2. The Statement is the responsibility of the Company’s management and has been approved by the Board of Directors. Our responsibility is to express a conclusion on the Statement based on our review, which has been prepared by the management in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, interim Financial Reporting (‘Ind AS 34°), prescribed under section 133 of Companies Act, 2013 (the ‘Act’) read with relevant rules issued there under and other accounting principtes generally accepted in India. Scope of 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 (ICAl). 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 the Standards on Auditing specified under section 143(10) of the Companies Act, 2013, 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. 2nd Floor,'Khivraj Mansion; No.10/2, Kasturba Road, Bengaluru - 560001 Contact no: 8867441507, email: hitesh@ksrao.in Head office: Hyderabad; Branches; Chennai and Vijayawada. K.S. Rao & Co., Continuation Sheet.. Basis for Qualified Conclusion 4. The Company has been served with a recovery order from EPFO amounting to Rs. 60.36 Lakhs against which the Company has obtained an Interim Stay from the High Court of Karnataka by depositing Rs. 10.00 Lakhs in October 2023. Pending management evaluation of legal positions and possible cash outflow, we are unable to comment on the adjustment if any required and its consequential impact on the Unaudited Financial Results. The Company has obtained interest-free loans and have an outstanding amount of Rs. 812.51 lakhs as on June 30, 2026. As per Ind AS 109 ‘Financial Instruments’, the Company must recognize interest free loan at amortized cost by discounting the interest free loan and amortize the interest expense over the loan period by applying the effective in [Showing first 8,000 characters — download PDF for full document]