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INFRASTRUCTURE LTD. Regd. Office: JSW Centre, Bandra Kurla Complex, Bandra (East) Mumbai – 400 051. Phone : 022-42861000 Fax : 022-42863000 CIN: L45200MH2006PLC161268 Website: www.jsw.in Email id: infra.secretarial@jsw.in Date: 21st June, 2026 BSE Limited National Stock Exchange of India Limited Corporate Relations Department Listing Department Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No. C/1, G Block Dalal Street Bandra Kurla Complex Fort, Mumbai 400 001 Bandra (East), Mumbai 400 051 Maharashtra, India Maharashtra, India Scrip Code (BSE): 543994 Symbol: JSWINFRA Sub: Audited Standalone and Consolidated Financial Statements for the Financial Year ended 31st March, 2026 Dear Sir / Madam, We refer to our earlier intimation dated 8th May, 2026, wherein it was informed that the Board of Directors at its meeting held on Friday, 8th May, 2026, considered and approved, inter-alia, the Audited Standalone and Consolidated Financial Results of the Company for the quarter and year ended 31st March, 2026. In furtherance to the aforesaid intimation, please find enclosed the Audited Standalone and Consolidated Financial Statements of the Company for the year ended 31st March, 2026, along with the audit reports issued thereon by the Statutory Auditor of the Company. Please note the same remain subject to adoption by the shareholders at the ensuing Annual General Meeting of the Company. The same are also available on the website of the Company at https://www.jswinfrastructure.in/investors/annual-reports/. You are requested to take the same on record. Yours faithfully, For JSW Infrastructure Limited Hitesh Kanani Company Secretary and Compliance Officer Membership No. F6188 Encl.: as above India International Exchange (IFSC) Limited Unit No. 101, 1st Floor, Signature Building No. 13B, Road 1C Zone 1, Gift SEZ, Gift City Gandhinagar- 382355 Scrip code (India INX): 1100026 Tel. : +91(22)-1000 476Q Oombuy Mu1unl Building. :!"' l'loor. Dr. D. N. Road. Fori. L:m:ul : coniac1@sh:1hgupt:tcom Web : www.,h3hgupt3.com Shah Gupta & Co. "1umb:u -400 001. Chartered Accountants Independent Auditors' Repcrt To the Members of JSW Infrastructure Limited Report on the Audit of the Standalone Financial Statements Opinion We have audited the accompanying standalone financial statements of JSW Infrastructure Limited ("the Company"), which comprise the balance sheet as at March 31, 2026, and the statement of profit and loss, Including other comprehensive Income, the statement of cash flow and the statement of changes In equity for the year then ended, and notes to the standalone financial statements, Including a summary of material accounting policies and other e,cplanatorylnformation (hereinafter referred to as "the standalone financial statements"). In our opinion and to the best of our Information and according to the explanations given to us, the aforesaid standalone financial statements give the information required by the Companies Act, 2013, as amended {"the Act"), in the manner so required and give a true and fair view In conformity with the Indian Accounting Standards prescribed under section 133 of the Act ("Ind AS") and other accounting principles generally accepted In India, of the state of affairs of the Company as at March 31, 2026, Its profit and other comprehensive Income, Its cash flows and the changes In equity for the year ended on that date. Basis for Opinion We conducted our audit of the standalone financial statements In accordance with the Standards on Auditing (SAs) specified under sub section (10) of Section 143 of the Act. Our responslbllitles under those SAs are further described In the 'Auditor's Responslbllltles for the Audit of the Standalone financial statements' section of our report. We are Independent of the Company in accordance with the 'Code of Ethics' Issued by the Institute of Chartered Accountants of India (ICAI) together with the ethical requirements that are relevant to our audit of the standalone financial statements under the provisions of the Act and the Rules made thereunder, and we have fulfilled our other ethical responsibilities In accordance with these requlrements and the Code of Ethics. We believe that the audit evidence we have obtolncd Is surfident and appropriate to provide a basis for our audit opinion on the standalone financial statements. Key Audit Matters Key audit matters are those matters that, In our professlonal Judgment, were of most significance In our audit of the standalone financial statements for the financial year en<k!d March 31, 2026. These matters were addressed In the context of our audit of the standalone financial statements as a whole, and ln forming our opinion thereon, and we do not provide a separate opinion on these matters. We have determined the matters described below to be the key audit mat\ers to be communicated in our report. We have fulfilled the responsiblhtles described In the Auditor's responsibilities for the audit of the standalone financial statements section of our report, including In relation to these matters. Accordingly, our audit Included the performance of procedures designed to respond to our assessment of the rlsks of material misstatement of the standalone financial statements. The results of our audit procedures, Including the procedures performed to address the matters below, provide the basis for our audit opinion on the accompanying standalone ffnanclal statements. The Key audit matters How our :,udlt addressed the key audit matter Impairment of the Company's Investments In and loans granted to subsidiaries and other receivables from subsidiaries (Also refer Note 2 (XXIII) (e), 7 and 8 to the standalone financial statements) As at March 31, 2026, the Company has Our audit procedures Included the following: Investments In and loans granted to subsidiaries a. We obtained understanding, assessed and tested the design and operating amounting to Rs. 3,320.49 crores ancl to Rs. effectiveness or the Company's key controls related to the Impairment 2,219.11 crores respectively. evaluation process. The Company accounts for above Investments in b. we assessed the Impairment model prepared by the management and the subsidiaries at cost/ loon at amortized cost. As per assumptions used, with particular attention to the following: requirement of Ind AS 36 "Impairment of assets·, I. benchmarking or assessing key assumptions used In the Impairment the management reviews at each reporting period models, Including discount rates, risk free rate of return, long term growth whether there are any Indicators of impairment of rate and other key assumptions against external and Internal data; ii, assessing the cash flow forecasts through analysis of actual past Indicators exist, the management performance and comparison to previous forecasts; • e recoverable amounts of the eing higher of fair value less costs of The Key audit matters How our audit addressed the key audit matter disposal and value In use. The value in use of the iii. testing the mathematical accul'acy and performing sensltivlty analysis of underlying businesses Is determined based on the the models; discounted cash f1ow projections. Significant Iv. understanding the commercial prospects of the assets/projects, and judgements are required to determine the key comparison of assumptions with external data sources to the extent assumptions used In the discounted cash flow possible; and models, such as discount rate, growth rate and v. Obtained suitable management representation on the projection of future future operating and finance ccst based on cash flows and various assumptions used in the valuation. management's view of future business prospects. c. We compared the carrying values of the Investments and loans to subsidiaries with their respective net assets values and earnings for the period. Considering the materiality of the amount Involved, and significant management Judgement required d. We evaluated the disclosures made in [Showing first 8,000 characters — download PDF for full document]