Press Release

Date: 14.08.2026 To, To, Sr. General Manager, The Manager Listing Department Corporate Relationship Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex Dalal Street, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 Scrip Code: 544547 Trading Symbol: JKIPL Dear Sir/ Madam, Sub: Press Release: Jinkushal Industries Limited Announces Unaudited Financial Results (Standalone and Consolidated) for the Quarter ended June 30, 2026. Dear Sir/Madam, Please find attached a press release announcing the unaudited Financial Results (Standalone and Consolidated) for the Quarter ended June 30, 2026. Kindly acknowledge the receipt of the same. Kindly take the same on record. Thanking you, For Jinkushal Industries Limited (Formerly Known as Jinkushal Industries Private Limited) Manish Tarachand Pande Company Secretary and Compliance Officer Membership No.: A48185 PRESS RELEASE Jinkushal Industries Limited Announces Unaudited Financial Results for the Quarter Ended June 30, 2026 Standalone Revenue Grows 37.4% YoY | Consolidated Revenue Grows 15.9% YoY Building organisational capability, international market presence and inventory positioning to support sustainable growth Raipur, India | 14th August 2026 | NSE / BSE Listed ₹5,129.42 Lakhs 37.4% ₹5,656.55 Lakhs 15.9% Standalone Revenue Standalone Revenue Consolidated Revenue Consolidated Revenue Q1 FY27 Growth YoY Q1 FY27 Growth YoY The Board of Directors of Jinkushal Industries Limited (“Jinkushal” or “the Company”), at its meeting held today, approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, prepared in accordance with applicable provisions of the Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Indian Accounting Standards (Ind AS). Jinkushal continued its growth momentum during Q1 FY27, with standalone revenue from operations increasing 37.4% year-on-year to ₹5,129.42 lakhs from ₹3,732.17 lakhs in Q1 FY26. Consolidated revenue from operations increased 15.9% year-on-year to ₹5,656.55 lakhs from ₹4,882.41 lakhs. The growth was delivered amid continued geopolitical uncertainty, volatility in international freight and trade routes, currency movements and uneven market conditions across geographies. Financial Performance Snapshot Standalone Financial Performance (₹ in lakhs) Particulars Q1 FY27 Q1 FY26 YoY Movement Revenue from Operations 5,129.42 3,732.17 +37.4% Profit Before Tax 415.20 451.81 (8.1%) Profit After Tax 330.94 376.32 (12.1%) Consolidated Financial Performance (₹ in lakhs) Particulars Q1 FY27 Q1 FY26 YoY Movement Revenue from Operations 5,656.55 4,882.41 +15.9% Profit Before Tax 304.31 726.05 (58.1%) Profit After Tax 220.05 650.56 (66.2%) Continued Growth in International Business Standalone revenue increased 37.4% year-on-year during Q1 FY27, continuing the growth momentum witnessed during FY26. Over the longer term, standalone revenue from operations has increased from ₹2,430.03 lakhs in FY20 to ₹31,337.61 lakhs in FY26, representing a CAGR of approximately 53% over the six-year period. The construction and mining equipment business is influenced by infrastructure and mining activity, commodity cycles, international trade conditions, customer buying cycles and the timing of equipment transactions. In an export- led business such as Jinkushal's, individual quarters are also affected by procurement and refurbishment timelines, international shipping schedules, overseas inventory positioning and the timing of delivery and sale to external customers. Revenue and profitability can therefore vary between quarters while the business develops over a longer period. Organisational Capability for Future Growth During FY26, the Company significantly strengthened its organisation across operations, procurement, execution, finance, marketing, international sales and business development. This investment continued into Q1 FY27. On a Jinkushal Industries Limited | Q1 FY27 Press Release consolidated basis, employee benefit expenses increased to approximately ₹383.43 lakhs in Q1 FY27 from ₹220.99 lakhs in Q1 FY26, an increase of approximately 74% year-on-year. The increase reflects the deliberate strengthening of management and operating teams as the scale and geographic spread of the business increases. Experienced professionals have been added across key functions and international markets to strengthen execution capability, customer coverage, financial controls and business development. The strengthened organisation is expected to support higher business volumes, wider geographic reach and improved execution capability as the business scales. Major cost movements during the Quarter Standalone Q1 FY27 Q1 FY26 YoY Movement Employee benefit expenses ₹247.02 lakhs ₹174.47 lakhs +41.6% Shipping charges ₹386.30 lakhs ₹235.93 lakhs +63.7% Finance costs ₹142.75 lakhs ₹125.37 lakhs +13.9% Consolidated Q1 FY27 Q1 FY26 YoY Movement Employee benefit expenses ₹383.43 lakhs ₹220.99 lakhs +73.5 Shipping charges and ₹472.24 lakhs ₹276.36 lakhs +70.9 Transportation Expense Finance costs ₹146.00 lakhs ₹127.96 lakhs +14.1 The increase in shipping charges was materially higher than the growth in turnover during the quarter and reflected elevated international freight and logistics costs. Profitability was also influenced by the business and product mix during the quarter, with new equipment generally carrying lower margins than the used and refurbished equipment business. Further, HexL is currently at an initial stage of development, resulting in relatively higher expenditure towards product development, market development, brand building and distribution capabilities at the current scale of operations. Inventory Positioning to Support Growth The Group continued its strategy of maintaining inventory closer to international markets and customers. As at June 30, 2026, consolidated inventory stood at approximately ₹9,680 lakhs, of which approximately ₹8,440 lakhs was positioned at the overseas subsidiary, closer to international markets and customers. The strategy is intended to improve product availability, shorten delivery timelines, respond more effectively to customer requirements and support a greater mix of direct-customer and retail-oriented opportunities across international markets. For used and refurbished construction equipment in particular, availability of the right machine at the right location is an important element of customer conversion. Higher inventory deployment also increases capital employed and lengthens the operating cycle. Management continues to monitor inventory conversion and capital utilisation with the objective of balancing growth opportunities with prudent working-capital management. Profitability and Operating Performance Profitability during Q1 FY27 reflected the operating cost movements and business mix discussed above, including higher shipping costs and the increased organisational cost base. At the consolidated level, quarterly profitability is additionally affected by the timing of inventory conversion and consolidation accounting. Inter-company transactions and profits attributable to inventory remaining within the Group at the reporting date are eliminated on consolidation and are recognised when the relevant inventory is sold to external customers. Geographic Diversification and International Business Development The Company continued to broaden its geographic revenue mix during Q1 FY27, with an increased contribution from African markets compared with the corresponding period of the previous year. Africa accounted for approximately 32% of revenue during Q1 FY27, compared with approximately 3% in Q1 FY26, reflecting the Company's continued development of business across the region. The Company continues to develop business across Latin America, Africa, the Middle East and other international markets. The geographic mix can [Showing first 8,000 characters — download PDF for full document]