Interim report
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ADITYA BIRLA REAL ESTATE SH/XII/092/2026-27 Corporate Relationship Department BSE Limited 1st Floor, Phiroze Jeejeebhoy Towers Dalal Street, Fort, Mumbai - 400 001 Scrip Code: 500040/975967 /975968 Dear Sir/ Madam, 26th October, 2026 Listing Department National Stock Exchange of India Limited Exchange Plaza, 5th floor, Bandra-Kurla Complex Bandra (East), Mumbai - 400 051. Scrip Code: ABREL Sub: Outcome of meeting of the Board of Directors of Aditya Birla Real Estate Limited ('the Company') Ref: Regulations 30, 33, 51 & 52 of Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015 ('Listing Regulations') and SEBI Master Circular HO/49/14/14(7)2025-CFD-PODZ/I/3762/2026 dated 30th January, 2026 ('SEBI Master Circular') Please refer to our letter vide SH/XII/059/2026-27 dated 14th October, 2026, intimating you about a meeting of the Board of Directors of the Company to be held today i.e. Monday, the 26th October, 2026. This is to inform you pursuant to the Listing Regulations that the Board at its meeting held today has approved: (i) Standalone and Consolidated Unaudited Financial Results of the Company for the quarter and half year ended 30th September, 2026; Please find enclosed herewith the following: a. Unaudited Financial Results (Standalone and Consolidated); b. Limited Review report by the Auditors of the Company; (ii) Based on the recommendation of Nomination and Remuneration Committee, Appointment of Ms. Jayati Bansal (DIN: 11938052) as an Independent Director of the Company for a first term of five years commencing from 06th December, 2026 to 05th December, 2031 subject to the approval of Shareholders of the Company; Ms. Jayati Bansal is independent of the Company's management and based on declarations received, she is not debarred from holding the office of director by virtue of any order passed by the Securities and Exchange Board of India or any other such authorities. The requisite details pertaining to the appointment of Independent Director is enclosed as Annexure A. The meeting commenced at 12:00 Noon IST and concluded at JR, 40 ~ff • The above is also made available on the website of the Company i.e. www.adi tyabirlarealestate.com Thanking you, For Aditya Birla Real Estate Limited (formerly Century Textiles and Industries Limited) Atul K. Kedia Jt. President (Legal) & Company Secretary Encl: as above Aditya Birla Real Estate Limited (Formerly known as Century Textiles and Industries Limited) Regd. Office: Century Bhavan, Dr. Annie Besant Road, Worli, Mumbai - 400 030, India. T: +91 22 2495 7000 I F: +91 22 2430 9491, +91 22 2436 1980 E: abrel.info@adityabirla.com I W: www.adityabirlarealestate.com Corporate ID No.: L17120MH1897PLC000163
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Singfzi el Co. Chartered Accountants 82 4028, Marathon lnnova, 4th Floor Ganpatrao Kadam Marg, Lower Parel Mumbai- 400 013 (India) T +91 (0) 22 6662 5537 / 55338 E mumbai@sinqhico.com www.singhico.com Independent Auditor's Limited Review Report on the Unaudited Standalone Financial Results of Aditya Birla Real Estate Limited (formerly known as Century Textiles and Industries Limited) for the quarter and six months ended September 30, 2026, Pursuant to Regulation 33 and 52 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended To the Board of Directors of Aditya Birla Real Estate Limited (formerly known as Century Textiles and Industries Limited) 1. We have reviewed the accompanying statement of unaudited standalone financial results of Aditya Birla Real Estate Limited (formerly known as Century Textiles and Industries Limited) (the "Company") which includes financial results of CTIL Employee Welfare Trust (the "Trust") for the quarter and six months ended September 30, 2026 (the "Statement") attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations"). 2. This Statement, which is the responsibility of the Company's Management and approved by the Board of Directors of the Company, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 and 52 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our 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. 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 Act, 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. Office: Kolkata, Delhi NCR. Mumbai, Chennai, Bangalore. Pune & Raipur
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Sing/ii el Co. Chartered Accountants 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS 34, prescribed under Section 133 of the Act and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 and Regulation 52 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. Other Matters 5. The Statement includes the audited financial results of the Company for the financial year ended March 31, 2026 which was audited by the predecessor auditors' who expressed an unmodified opinion on those financial results vide their report dated May 06, 2026. 6. The comparative financial results of the Company as stated in the Statement for the quarter and six months ended September 30, 2025 which was reviewed by the predecessor auditors' who expressed an unmodified conclusion on those financial results vide their report dated October 28, 2025. Our Conclusion is not modified in respect of these matters. For Singhi & Co. Chartered Accountants Firm Registration Number: 302049E ~~ Partner Membership Number: 040404 UDIN: 2Go~o1o~~PA-RT~4g20 Place: Mumbai Date: October 26, 2026 Office: Kolkata. Delhi NCR. Mumbai. Chennai. Bangalore. Pune & Raipur
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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 ADITYA BIRLA REAL ESTATE LIMITED (Formerly known as CENTURY TEXTILES AND INDUSTRIES LIMITED) UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND SIX MONTHS ENDED 30TH SEPTEMBER, 2026 CIN: L17120MH1897PLC000163, Phone: +91-022-24957000, Fax: +91-22-24309491, +91-22-24361980 Website : www.adit yabirlarealestate.com, Email : ctil.ho @!adit yabirla.com Quarter Ended Six Months Ended Particulars 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 {Unaudited) (Unaudited} (Unaudited I lUnauditedl (Unaudited I CONTINUING OPERATIONS Income from Operations (a) Sales 63.66 62.84 67.04 126.50 134.01 (b) Other operating income (Refer Note 6) 0.42 0.56 0.67 0.98 0.74 Other Income 78.28 64.12 66.94 142.40 127.35 Total Income (1 + 2) 142.36 127.52 134.65 269.88 262.10 Expenses (a) Cost of land, construction, other rerated real estate development cost and 0.22 0.15 1.12 0.37 3.63 other cost (b) Changes in inventories of finished goods and work-in-progress 0.15 (1.11) 0.10 (0.96) (1.85) (c) Employee benefits expense 6.69 5.30 7.97 11.99 14.43 (d) Finance cost 16.73 46.52 44.43 63.25 87.33 (e) Depreciation and amortisation expenses 11.68 12.28 13.17 23.96 26.26 (f) Other expenditures 21.97 22.66 30.16 44.63 51.75 Total expenses (a to f) 57.44 85.80 96.95 143.24 181.55 Profit before exceptional items and tax (3 - 4) 84.92 41.72 37.70 126.64 80.55 Exceptional items (Refer note 2) - - - - - Profit before tax from continuing operations (5 + 6) 84.92 41.72 37.70 126.64 80.55 Tax expenses of continuing operations (Refer note 8) Current Tax 12.99 1.78 6.73 14.77 14.22 Deferred Tax 8.68 8.83 6.94 17.51 14.81 Net Profit for the period / year from continuing operations (7 - 8) 63.25 31.11 24.03 94.36 51.52 DISCONTINUED OPERATIONS !Refer Note 3} Profit/ (loss) before tax from discontinued operations (Refer note 4) (19.33) 42.59 86.19 23.26 117.71 Exceptional items (Refer note 2b and 3) 868.12 - 868.12 Tax (expenses)/ credit of discontinued operations (Refer note 8) (73.40) (10.22) (30.91) (83.62) (42.21) Net Profit for the period / year from discontinued operations 775.39 32.37 55.28 807.76 75.50 Net Profit for the period/ year (9 + 14) 838.64 63.48 79.31 902.12 127.02 (a) Other comprehensive income - continuing operations (i) Items that will not be reclassified to profit or loss 11.01 47.24 (2.09) 58.25 (3.28) (ii) Income tax on above (1.63) (6.83) 0.19 (8.46) 0.42 (b) Other comprehensive income - discontinued operations (i) Items that will not be reclassified to profit or loss - - - - - (ii) Income tax on above - - - - Total Other Comprehensive Income/ (Loss) for the period/ year 9.38 40.41 (1.90) 49.79 (2.86) Total Comprehensive Income for the period/ year (15 + 16) 848.02 103.89 77.41 951.91 124.16 Paid-up equity share capital 111.69 111.69 111.69 111.69 111.69 (Face Value: Rs. 10/- per share) Other Equity Earnings Per Share in Rs. (not annualised) Basic earnings per share - Continuing operations 5.71 2.81 2.17 8.52 4.67 Diluted earnings per share - Continuing operations 5.70 2.80 2.16 8.50 4.63 Basic earnings per share - Discontinued operations 70.00 2.93 5.00 72.93 6.83 Diluted earnings per share - Discontinued operations 69.80 2.92 4.97 72.72 6.79 Basic earnings per share - Continuing and discontinued operations 75.71 5.74 7.17 81.45 11.50 Diluted earninQs per share - ContinuinQ and discontinued operations 75.50 5.72 7.13 81.22 11.42 Contd ......... 2 (Rs. in Crores Year Ended 31.03.2026 rAuditedl 259.79 1.05 255.39 516.23 4.71 (1.50) 27.81 175.87 52.97 115.15 375.01 141.22 (19.84) 121.38 26.85 (34.11) 128.64 240.15 (29.89) 12.99 223.25 351.89 (32.91) 9.71 (0.52) 0.18 (23.54) 328.35 111.69 4,581.19 11.64 11.58 20.20 20.09 31.84 31.67
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1 2 3 4 Contd ......... 2 Regd. Office: Century Bhavan, 2nd Floor, Dr. Annie Besant Road, Worli, Mumbai - 400030. Unaudited Standalone Segment wise Revenue, Results and Segment Assets and Liabilities, for the quarter and six months ended 30th September, 2026 Quarter Ended Six Month Ended Particulars 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 (Unaudited ) !Unaudited l /Unaudited l /Unaudited ! I !Unauditedl Segment Revenue (Sales) ( a ) Real Estate 49.32 46.78 53.41 96.10 106.43 / b ) Others 14.52 16.19 13.79 30.71 27.87 Total 63.84 62.97 67.20 126.81 134.30 Less: Inter Seqment Revenue 0.18 0.13 0.16 0.31 0.29 Sales from continuing operations 63.66 62.84 67.04 126.50 134.01 Add: Sales from discontinued operations ( c) Pulp and Paper (Refer note 3) 266.83 768.08 821.37 1,034.91 1,500.13 ( d ) Textiles . . . . . Total sales (Continuinc::i and discontinued operations ) 330.49 830.92 888.41 1,161.41 1,634.14 Segment Results Profit after depreciation but before finance costs ( a ) Real Estate (Refer Note 2b) 27.70 24.60 22.48 52.30 51.51 { b l Others 11.45 11.51 9.09 22.96 19.00 Sub· Total 39.15 36.11 31.57 75.26 70.51 ( Add ) I Less : i. Finance Costs (continuing operations) 16.73 46.52 44.43 63.25 87.33 ii. Other un-allocable expenditure net of un-allocable income (continuing operations) (62.50) (52.13) (50.56) (114.63) (97.37) Profit/ (Loss) Before Tax (continuing operations) 84.92 41.72 37.70 126.64 80.55 Profit I (Loss) from discontinued operations (Net of finance cost) ( c) Pulp and Paper (Refer note 2b & 3) 848.70 42.68 86.34 891.38 110.49 ( d ) Textiles (Refer note 4 l 0.09 !0.091 C0.15l . 7.22 Total Profit I (Loss) Before Tax (Continuing and discontinued operations) 933.71 84.31 123.89 1,018.02 198.26 Segment Assets ( a ) Real Estate 6,167.14 6,048.03 5,385.81 6,167.14 5,385.81 ( b) Others 201.12 201.59 204.10 201.12 204.10 6,368.26 6,249.62 5,589.91 6,368.26 5,589.91 ( c) Pulp and Paper - Discontinued operations (Refer Note 3) . 3,015.99 3,078.83 . 3,078.83 ( d) Textiles - Discontinued operations (Refer Note 4) . 3.53 70.66 . 70.66 ( e ) Unallocable Assets 5,863.40 4,591.00 3,449.11 5,863.40 3,449.11 Total Assets 12 231.66 13,860.14 12,188.51 12,231.66 12,188.51 Segment Liabilities ( a ) Real Estate 3,551.25 3,601.65 2,449.54 3,551.25 2,449.54 ( b ) Others 604.52 609.01 638.08 604.52 638.08 4,155.77 4,210.66 3,087.62 4,155.77 3,087.62 ( c) Pulp and Paper - discontinued operations (Refer Note 3) . 405.80 416.47 . 416.47 ( d ) Textiles - discontinued operations . 10.89 11.39 . 11.39 ( e) Unallocable Liabilities 2,430.08 4,413.04 1 4,188.84 2,430.08 4,188.84 Total Liabilities 6,585.85 9,040.39 7,704.32 6,585.85 7,704.32 For Segment Information (Refer Note 7) Contd ......... 3 IRS. in Crores ' Year Ended 31.03.2026 (Audited) 201.30 59.07 260.37 0.58 259.79 3,062.54 . 3,322.33 85.84 33.84 119.68 175.87 (177.57) 121.38 177.60 32.66 331.64 5,904.36 204.48 6,108.84 3,040.28 3.98 4,383.49 13,536.59 3,463.46 617.81 4,081.27 381.44 10.97 4,370.03 8 843.71
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Contd ......... 3 Notes The above standalone unaudited financial results of Aditya Birla Real Estate Limited (formerly known as Century Textiles and Industries Limited) ("the Company") for the quarter and six months ended September 30, 2026 have been reviewed by the Audit Committee and approved by the Board at its meeting held on October 26, 2026. 2 The Company has disclosed exceptional items pertaining to: a Post discontinuation of the Company's Textiles business, the economic advantages to its Joint Venture ("JV"), Birla Advanced Knits Private Limited, such as common utilities, shared manpower and integrated operations with Siro yarn spinning, were lost; accordingly, the entity became non-viable and the JV's business operations were discontinued. Both the JV partners had an obligation to contribute equally towards the liabilities of the JV in excess of their respective investments. Accordingly, the Company had recognised a provision aggregating to Rs. 13.50 Cr for the year ended March 31, 2026 towards JV's working capital requirements, which has been fully impaired and recognised as an exceptional item. No contribution was required towards working capital during the quarter and six months ended September 30, 2026. b During the previous year, the Company had assessed the financial implications of New Labour Code changes and accordingly recognised an incremental gratuity and leave liability of Rs. 36.23 Cr (including Rs. 6.34 Cr pertaining to continued operations) for the year ended March 31, 2026. Considering that the impact arising out of enactment of the new legislation was an event of a non-recurring nature, the Company had presented this incremental amount as "Impact of Labour Codes" under "Exceptional Item" in the statement of profit and loss for the year ended March 31, 2026. 3 Pursuant to the approval of the Board of Directors of the Company at its meeting held on March 31, 2025, the Company executed a Business Transfer Agreement (BTA) with ITC Limited for the sale and transfer of its Pulp and Paper undertaking operated under the name "Century Pulp and Paper". Consequently, the Pulp and Paper Business has been classified as a discontinued operation and the financial results for the comparative periods, including the quarter ended June 30, 2026, the quarter and six months ended September 30, 2025, and the year ended March 31, 2026, have been presented accordingly. During the quarter ended September 30, 2026, the Company completed the transfer of the Pulp and Paper Business on a going concern basis in accordance with the BTA for a consideration of Rs.3,476 crore and recognized a gain on disposal of Rs.868.12 crore, which has been disclosed under Exceptional Item. The related adjustments and tax effects arising from the transaction have been recognized and disclosed under Discontinued Operations. The financial performance of discontinued business as follows - Quarter Ended Particulars 30.09.2026 30.06.2026 (Unaudited) (Unaudited) Total Income 268.10 I 779.75 Total Expenses 287.52 737.07 Profit/ (Loss) before tax before exceptional (19.42) 42.68 items Exceptional item of discontinued operations 868.12 (Net Charge) Total Tax expenses (73.38) (10.24) Net profit for the period 775.32 32.44 Net Cash flows attributable to discontinued operations as follows Particulars Net Cash flow from/ (used in) Operating Activities Net Cash flows from I (used in) Investing Activities Net Cash flows from/ (used in) Financing Activities Net Decrease From Discontinued Operations 30.09.2025 (Unaudited) 821.37 735.02 86.35 - (30.69) 55.66 Six Months Ended 30.09.2026 (Unaudited) 1,047.85 1,024.59 23.26 868.12 (83.62) 807.76 30.09.2025 (Unaudited) 1,500.13 1,389.64 110.49 - (42.02) 68.47 Six Month Ended 30 September 2026 77.21 3.86 (81.12) (Rs. in Crores) Year Ended 31.03.2026 (Audited) 3,103.97 2,896.48 207.49 (29.89) 10.97 188.57 (Rs. In Crs Six Month Ended 30 September 2025 12.36 (85.16) 72.40 (0.39) 4 The Company has recognized profit from transfer of property, plant and equipment related to the Textile business, Nil for the quarter and six months ended September 30, 2026 (Quarter ended June 30, 2026: Nil; Quarter ended September 30, 2025: Rs.2.52 crore and six months ended September 30, 2025: Rs. 20.26 crore; Year ended March 31, 2026: Rs.46.30 crore). 5 During the year ended March 31, 2026, the Nomination and Remuneration Committee ("Committee') of the Board of Directors of the Company had granted 8,772 Stock Options (ESOP's) under the CTIL Employee Stock Option Scheme 2023 ('the Scheme') and 50,864 ESOPs were exercised. During the quarter ended June 30, 2026, no stock options (ESOP's) has been granted, however, 2,06,039 ESOPs have been exercised and 80,749 treasury shares have been sold in open market. During the quarter ended September 30, 2026, no stock options (ESOP's) have been granted, however, 73,030 ESOPs have been exercised. During the quarter, the board of directors in its meeting held on 13th August 2026 has proposed to implement the ABREL ESOP Scheme 2026 covering 8,29,000 stock options that will be made available to eligible employees of the companies & subsidiaries and eligible directors under the proposed scheme subject to shareholder's approval. 6 Other income includes interest on income tax refund pertaining to earlier years amounting to Rs. 0.49 crore for the quarter and six months ended September 30, 2026 (Quarter ended June 30, 2026: Nil; Quarter and six months ended September 30, 2025: Rs.2.47 crore; Year ended March 31, 2026: Rs.2.47 crore). 7 The Textile business was classified and disclosed as discontinued operation and all the plant and machinery have been disposed off. During the period the Company has executed a long term lease agreement for the factory building with Group Company, generating income, accordingly the respective other assets and liabilities are moved to other segments from textiles. In view of this along with the divestment of the paper & pulp business and as per operating results reviewed by the chief operating decision makers, the management has accordingly revised its segment classification and disclosure. Revised segment classification is as under: (a) "Real Estate" includes Residential projects, Leased properties and Investment properties of the Company. (b) "Others" include Viscose Filament Yarn & Tyre Yarn (Rayon), Salt works and Chemicals. 8 During the year ended March 31, 2026, the Company had revised its estimates relating to measurement of deferred tax balances in view of amendments under the Income Tax Act, 2025 as amended by the Finance Act, 2026. Further, considering the tax benefit and utilization of MAT credit entitlement, the Company was of the view that from tax year 2026-27 the Company will opt new tax regime. Accordingly, the Company had reversed the net deferred tax liability of Rs.123. 76 crores on account of lower tax rate, by recognizing the same under tax expense of continuing and discontinued operations in the results. Contd ........ 4
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Contd ......... 4 9 Standalone statement of Assets and Liabilities Sr. No. ASSETS Non-current assets Property, plant and equipment Capital work-in-progress Investment property Particulars Investment property under development Intangible assets Financial assets Investments Loans Others Deferred tax assets (net) Advance tax (net of provisions) Other non-current assets Total Non Current Assets (A) Current assets Inventories Financial assets Current Investments Trade receivables Cash and cash equivalents Other bank balances Others Other current assets Total Current Assets (B) Assets classified as held for sale (C) TOTAL ASSETS (A+ B+ C) EQUITY AND LIABILITIES Equity Equity share capital Other equity Total Equity (A) Non-current liabilities Financial liabilities Borrowings Other financial liabilities Non-current tax liabilities (net of advance tax) Other non-current liabilities Total Non Current Liabilities (B) Current liabilities Financial liabilities Borrowings Trade payables 1. total outstanding dues of micro enterprises and small enterprises 2. total outstanding dues of trade payables other than micro and small enterprises Other financial liabilities Provisions Other current liabilities Total Current Liabilities (C) Liabilities directly associated with assets held for sale (D) TOTAL EQUITY AND LIABILITIES (A+ B + C + D) Contd ......... 5 As at 30.09.2026 (Unaudited) 562.71 8.32 686.46 34.85 3.10 955.36 2,197.14 68.55 207.60 - 19.53 4,743.62 4,788.41 1,609.59 20.80 86.30 253.36 176.94 552.64 7,488.04 - 7,488.04 12,231.66 111.69 5,534.12 5,645.81 1,203.27 148.78 144.83 272.62 1,769.50 904.80 0.15 165.64 106.50 160.52 3,478.74 4,816.35 - 4,816.35 12,231.66 (Rs. in Crores) As at 31.03.2026 (Audited) 548.90 3.83 700.34 33.99 3.50 695.46 2,574.70 67.06 53.18 58.54 19.98 4,759.48 4,427.60 508.78 13.81 352.44 25.26 76.61 331.61 5,736.11 3,041.00 8,777.11 13,536.59 111.69 4,581.19 4,692.88 2,446.47 173.41 - 301.91 2,921.79 1,723.76 3.48 142.22 149.17 209.20 3,292.40 5,520.23 401.69 5,921.92 13,536.59
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Contd ......... 5 10 Standalone Cash flow statement for the six months ended 30th September 2026 Sr. No. Particulars A. CASH FLOW FROM OPERA TING ACTIVITIES Net Profit/ (Loss) Before Tax from continuing operations after exceptional item Net Profit/ (Loss) Before Tax from discontinued operation after exceptional item Add/ (Less) : Depreciation and amortisation expense Loss/ (gain) on sale of business undertaking Impairment provision on inventory Loss/ (gain) on sale of property, plant and equipment and investment properties Unrealized exchange (gain)/ loss Allowance for credit loss Interest income Gain on sale of investment (realized and unrealized) Provision for advances given Sundry debit balances written off Bad debt written off Interest expense Liabilities written back Dividend on investments Working capital adjustments : Decrease / (increase) in inventory Decrease I (increase) in trade receivables Decrease I (increase) in other financial assets Decrease I (increase) in other assets (Decrease)/ increase in other financial liabilities (Decrease)/ increase in trade payables (Decrease) f increase in provisions (Decrease) f increase in other liabilities Decrease f (increase) in other bank balance Cash generated from operations Direct tax paid NET CASH FLOW GENERATED FROM I (USED IN) OPERATING ACTIVITIES B. CASH FLOW FROM INVESTING ACTIVITIES Purchase of property, plant and equipment, investment properties and intangible assets Proceeds from sale of property, plant and equipment and investment properties Investment in subsidiary Proceeds from sale of business undertaking (Net of expenses) (Purchase)/ sale of investments (net) Interest received (finance income) Dividend on investments Loan repaid by/ (given to) subsidiary (net) Net movement in fixed deposits with bank NET CASH FLOWS GENERATED FROM I (USED IN) INVESTING ACTIVITIES C. CASH FLOW FROM FINANCING ACTIVITIES Proceeds from borrowings (net of processing fees) Repayment of borrowings Net proceeds/ (repayment) of short term borrowings Proceeds from sale/issue of treasury shares by ESOP trust Dividend paid Interest paid Lease liability paid NET CASH FLOWS USED IN FINANCING ACTIVITIES NET DECREASE IN CASH AND CASH EQUIVALENTS Cash and cash equivalents at the beginning of the period Cash and cash equivalents at the end of the period (refer reconciliation below) Reconciliation of cash and cash equivalents as per the cash flow statement Cash and cash equivalents as per the above comprise of the following Cash and cash equivalents Cash credit and overdraft facilities from banks Balance as per cash flow statement Contd ......... 6 (Rs in Crores ) Six Months Ended 30.09.2026 30.09.2025 (Unaudited) 126.64 891.38 23.96 (868.12) 14.53 2.55 (1.96) (111.51) (0.29) 0.04 0.88 65.00 (4.64) (19.86) (899.42) (302.38) 9.79 16.17 (158.94) (5.55) 147.44 (50.40) 202.89 4.30 (136.68) (18.08) (74.52) (92.60} (47.58) 1.22 (200.00) 3,299.48 (1,331.11) 107.10 19.86 377.56 (112.44) 2,114.09 1,028.40 (2,810.25) (282.77) 27.29 (28.22) (224.08) (0.51) (2,290.14 ) (268.65) 352.19 83.54 86.30 (2.76 ) 83.54 (Unaudited) 80.55 117.71 32.20 13.07 (24.03) 3.15 1.91 (114.40) (0.82) 1.09 2.56 0.54 90.61 (1.61) (2.85) 1.42 (291.51) 59.24 15.56 (44.21) (72.88) (38.01) (0.47) 83.70 (3.72) (292.30) (92.62) (40.47) /133.09 ) (105.71) 28.27 22.49 117.82 2.85 (78.71) 112.99 ) (52.66) 243.37 1.33. (22.35) (201.40) /0.99) (32.70) (178.78) 166.57 (12.21) 24.68 (36.89) (12.21)
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Contd ......... 6 11 Additional information pursuant to Regulation 52(4) and Regulation 54(2) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended for the quarter and six months ended 30th September, 2026 (Standalone) Sr. Quarter Ended Six Months Ended Year Ended No. Particulars 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) (a) Debt-Equity ratio (in times) Debt/Net Worth [Debt is Long Term Borrowing (current and non-current portion), Short Tenm Borrowing and Lease Liabilities] 0.37 0.88 0.89 0.37 0.89 0.89 (b) Debt Service Coverage Ratio (in times) Earnings before interest, Depreciation and Tax (EBITDA) / Interest Expense on long term & short term borrowings, including lease liabilities for the period + Scheduled Principal repayment of long term borrowings, including lease liabilities during the period 0.01 0.09 1.54 0.03 1.12 0.28 (c) Interest Service Coverage Ratio (in times) Earnings before interest and Tax (EBIT) / Interest Expense for the period 4.82 2.76 3.71 3.31 3.19 3.10 ldl Outstandina redeemable preference shares - - - - - - rel Capital redem ption reserve (Rs in Crores ) 100.00 100.00 100.00 100.00 100.00 100.00 (f) Debenture redemction reserve (Rs in Crores l - - - {Q) Net Worth (Rs in Crores ) 5,645.81 4,819.75 4,484.19 5,645.81 4,484.19 4,692.88 (h) Net profit after tax from continuing & discontinued operations I (Rs in Crores) 838.64 63.48 79.31 902.12 127.02 351.89 (i) Basic earnings per share - Continuing and discontinued operations 75.71 5.74 7.17 81.45 11.50 31.84 m Diluted earn in as oer share - Continuina and discontinued ooerations 75.50 5.72 7.13 81.22 11.42 31.67 (k) Current Ratio (in times) Current Assets/ Current Liabilities 1.55 1.12 1.04 1.55 1.04 1.08 (I) Long Term Debt to Working Capital (in times) (Long Term Borrowings (incl. Current Maturities and Lease Liabilities))/ (Current Assets - Current Liabilities) 0.54 2.36 2.75 0.54 2.75 2.33 (m) Bad debts to Accounts Receivable Ratio(%) (not annualized) Bad debts/ Avera Qe Accounts Receivable 0.00% 0.00% 0.53% 0.00% 0.86% 0.55% (n) Current Liability Ratio (in times) Current LiabiMies / Total Liabilities 0.73 0.65 0.63 0.73 0.63 0.67 (o) Total Debts to Total Assets (in times) (Long tenm Borrowings + Short Term Borrowings+ Current Maturities of Long Tenm Borrowings+ Lease Liabilities)/ Total Assets 0.17 0.31 0.33 0.17 0.33 0.31 (p) Debtors turnover (in times) (not annualized) Revenue/ Averaqe Accounts Receivable 9.51 15.49 11.54 29.25 15.46 34.02 (q) Inventory turnover (in times) (not annualized) Cost of aoods sold/ Averaae lnvento rv (excludina Real Estate inventorv) 0.80 0.99 0.99 2.49 1.80 3.74 (r) Operating Margin(%) (including discontinued operations) Operatin o Profrt / Revenue 1.55% 7.95% 10.94% 6.14% 7.95% 5.80% (s) Net Profit Margin after exceptional item (%) (including discontinued operations) Net Profit after exceptional items (net of tax expense) / Revenue 251.99% 7.54% 8.82% 76.78% 7.68% 10.47% (t) Net Profit Margin before exceptional items(%) (including discontinued operations) Net Profit before exceptional items (net of tax expense)/ Revenue 9.52% 7.54% 8.82% 14.54% 7.68% 11.44% (u) Asset coverage ratio on Secured Redeemable Non Convertible - - . . - debentures (NCDs) (in times)* (Assets hypothecated for secured NCDs / Outstanding balance of secured NCDs) • The Company has no Secured Redeemable Non Convertible debentures (NCDs) outstanding as on September 30, 2026, June 30, 2026, March 31 , 2026 and September 30, 2025, hence the asset coverage ratio is not applicable for the quarter and six months ended September 30, 2026 and September 30, 2025, quarter ended June 30, 2026 and year ended March 31, 2026. Place : Mumbai Date : October 26, 2026 The financial results of the Company would be available for perusal on the Company's website viz. www.adityabirlarealestate.com a www.bseindia.com and National Stock Exchange of India Ltd. viz. www.nseindia.com By Order of the Board ADITYA BIRLA REAL ESTATE LIMITED ury Textiles and Industries Limited • ~ ----, (R. K. Dalmia) Managing Director DIN No. 00040951 viz.
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Singhi el Co. Chartered Accountants B2 402B, Marathon lnnova, 4th Floor Ganpatrao Kadam Marg, Lower Parel Mumbai - 400 013 {India) T +91 (0) 22 6662 5537 / 55338 E mumbai@sinqhico.com www.singhico.com Independent Auditor's Limited Review Report on the Unaudited Consolidated Financial Results of Aditya Birla Real Estate Limited (formerly known as Century Textiles and Industries Limited) for the quarter and six months ended September 30, 2026, pursuant to the Regulation 33 and 52 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended To the Board of Directors of Aditya Birla Real Estate Limited (formerly known as Century Textiles and Industries Limited) 1. We have reviewed the accompanying Statement of Unaudited Consolidated Financial Results of Aditya Birla Real Estate Limited (formerly known as Century Textiles and Industries Limited) (the "Holding Company") which includes financial results of CTIL Employee Welfare Trust (the "Trust") and its subsidiaries (the Holding Company and its subsidiaries together referred to as "the Group"), its joint ventures for the quarter and six months ended September 30, 2026 (the "Statement") attached herewith, being submitted by the Holding Company pursuant to the requirements of Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations"). 2. The Statement, which is the responsibility of the Holding Company's Management and approved by the Board of Directors of the Holding Company, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder ("the Act"), and other accounting principles generally accepted in India and in compliance with presentation and disclosure requirements of Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) ReguJations 2015 (as amended). Our responsibility is to express a conclusion on the Statement based on our review. Scope of the 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. 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 Standards on Auditing specified under section 143(10) of the Act, 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. We also performed procedures in accordance with the Master Circular issued by the Securities and Exchange Board of India under Regulation 33(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable. Conclusion 4. Based on our review as conducted above and the procedures performed by us as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with recognition and measurement principles laid down in the aforesaid Indian Accounting Standards ('Ind AS') specified under Section 133 of the Companies Act, 2013, as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. The Statements include Results of entities mentioned in Annexure 1 Ollie$: Kolkata. Delhi NCR. Mumbai, Chennai, Bangalore. Pune & Raipur
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Singli,i ~ Co. Chartered Accountants Other Matters 6. The accompanying Statement includes the interim financial results of 1 subsidiary, which have not been reviewed by their auditor, whose interim financial results and other unaudited financial information before consolidation adjustments reflect total assets of Rs. *0.00 crores as at September 30, 2026, total revenues of Rs NIL and Rs. NIL, total net (loss) after tax of Rs. *(0.00) crore and Rs. *(0.00) crore, total comprehensive income of Rs. *(0.00) crore and Rs. *(0.00) crore, for the quarter and six months ended September 30, 2026 respectively and net cash outflows of Rs. *0.00 crore for the six months period ended September 30, 2026. These financial results have been furnished to us by the Holding Company's management. Our conclusion on the Statement in so far as it related to the amounts and disclosures included in respect of aforesaid subsidiary are based solely on the certified unreviewed interim financial results, as certified by the management. According to the information and explanations given to us by the Management, these interim financial results are not· material to the consolidated financial results. *Indicates figures less than Rs. 1 Lakh 7. The Statement includes the consolidated audited financial results of the Company for the financial year ended March 31, 2026 which was audited by the predecessor auditors' who expressed an unmodified opinion on those financial results vide their report dated May 06, 2026. 8. The comparative consolidated financial results of the Company as stated in the Statement for the quarter and six months ended September 30, 2025 which was reviewed by the predecessor auditors' who expressed an unmodified conclusion on those financial results vide their report dated October 28, 2025. Our Conclusion is not modified in respect of these matters. For Singhi & Co. Chartered Accountants Firm's Registration No.: 302049E .IJ..~ Partner 10 7 r •• Membership No.: 040404 UDIN: 2'701-f 04O4H)( L-V E vv 13:2.-+ Place: Mumbai Date: October 26, 2026 Office: Kolkata, Delhi NCR. Mumblli, Chennai, Bangalore, Pune & Raipur
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Sing/i,i el Co. Chartered Accountants Annexure 1 List of subsidiaries and joint ventures included in the consolidated financial results for the quarter and six months ended September 30, 2026. Subsidiaries: 1 Birla Estates Private Limited 2 Avarna Projects LLP (subsidiary of Birla Estates Private Limited) 3 Birla Tisya LLP (subsidiary of Birla Estates Private Limited) 4 Birla Arnaa LLP (subsidiary of Birla Estates Private Limited) 5 Vypak Properties Private Limited (subsidiary of Birla Estates Private Limited) 6 Ekamaya Properties Private Limited (subsidiary of Birla Estates Private Limited) 7 Tarusa Properties Private Limited (subsidiary of Birla Estates Private Limited) 8 Unnatam Properties Private Limited (subsidiary of Birla Estates Private Limited) 9 lsira Realcon Private Limited (formerly known as Adyasha Properties Private Limited) (subsidiary of Birla Estates Private Limited) 10 Vibhavya Properties Private Limited (subsidiary of Birla Estates Private Limited) 11 Pragataya Properties Private Limited (subsidiary of Birla Estates Private Limited) 12 Prajna Properties Private Limited (subsidiary of Birla Estates Private Limited) 13 CTIL Community Welfare Foundation Joint ventures 1 2 Birla Advanced Knits Private Limited Vardhita Properties Private Limited (formerly known as Birla Century Exports Private Limited) (Joint Venture of Birla Estates Private Limited) Office: Kolkata. Delhi NCR. Mumbai, Chennai. Bangalore. Pune & Raipur
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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 ADITYA BIRLA REAL ESTATE LIMITED (Formerly known as CENTURY TEXTILES AND INDUSTRIES LIMITED) UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND SIX MONTHS ENDED 30TH SEPTEMBER, 2026 CIN: L 17120MH1897PLC000163, Phone: +91-022-24957000, Fax: +91-22-24309491, +91-22-24361980 Website • www adi tvabirlarealestate com Email • ctil ho ® adi tvabirla com Quarter Ended Six Months Ended Particulars 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) CONTINUING OPERATIONS Income from Operations (a) Sales 824.27 188.05 96.77 1,012.32 240.98 (b) Other operating income (Refer Note 6) 0.76 0.80 1.07 1.56 2.42 Other Income 35.83 16.87 15.39 52.70 27.24 Total Income (1 + 2) 860.86 205.72 113.23 1,066.58 270.64 Expenses (a) Cost of land, construction, other related real estate development cost and 524.10 82.43 43.29 606.53 116.52 other cost (b) Changes in inventories of finished goods and work-in-progress 0.15 (1.11) 0.10 (0.96) (1.85) (c) Employee benefits expense 59.15 59.79 59.67 118.94 110.05 (d) Finance cost - 25.83 17.73 25.83 24.79 (e) Depreciation and amortisation expenses 19.98 17.35 15.73 37.33 31.23 (f) other expenditures 82.24 103.05 64.87 185.29 128.69 Total expenses (a to f) 685.62 287.34 201.39 972.96 409.43 Profit/ (Loss) before tax and share of profit/ (loss) of joint venture (3 - 4) 175.24 (81.62) (88.16) 93.62 (138.79) Share of Loss of Joint Venture (1.45) (1.38) (3.67) (2.83) (6.14) Profit/ (Loss) before exceptional items and tax (5 + 6) 173.79 (83.00) (91.83) 90.79 (144.93) Exceptional items (Refer note 2) - - - Profit/ (Loss) before tax from continuing operations (7 + 8) 173.79 (83.00) (91.83) 90.79 (144.93) Tax expenses of continuing operations (Refer Note 8) Current Tax 11.11 9.93 8.44 21.04 21.44 Tax pertaining to earlier years - - - Deferred Tax 19.37 (25.97) (27.17) (6.60) (45.97) Net Profit/ (Loss) for the period / year from continuing operations (9- 10) 143.31 (66.96) (73.10) 76.35 (120.40) DISCONTINUED OPERATIONS (Refer Note 3) Profit/ (Loss) before tax from discontinued operations (Refer Note 4) (19.33) 42.59 86.19 23.26 117.71 Exceptional items (Refer note 2b and 3) 868.12 - 868.12 - Tax (expenses) I credit of discontinued operations (Refer Note 8) (73.40) (10.22) (30.91) (83.62) (42.21) Net Profit for the period/ year from discontinued operations 775.39 32.37 55.28 807.76 75.50 Net Profit I (Loss) for the period/ year (11 + 15) 918.70 (34.59) (17.82) 884.11 (44.90) (a) Other comprehensive income - Continuing operations (i) Items that will not be reclassified to profit or loss 11.01 47.24 (2.09) 58.25 (3.28) (ii) Income tax on above (1.63) (6.83) 0.19 (8.46) 0.42 (b) Other comprehensive income - Discontinued operations (i) Items that will not be reclassified to profit or loss - - - - - (ii) Income tax on above - - - - Total Other Comprehensive Income/ (Loss) for the period I year (a+ b) 9.38 40.41 (1.90) 49.79 (2.86) Total Comprehensive Income I (Loss) for the period/ year (16 + 17) 928.08 5.82 (19.72) 933.90 (47.76) Profit I (Loss) for the period/ year attributable to: Owners of the Company 858.50 (38.55) (15.74) 819.95 (41.21) Non•controlling Interest 60.20 3.96 (2.08) 64.16 (3.69) Other comprehensive Income/ (Loss) attributable to: Owners of the Company 9.38 40.41 (1.90) 49.79 (2.86) Non-controlling Interest - - - - Total comprehensive (Loss) attributable to: Owners of the Company 867.88 1.86 (17.64) 869.74 (44.07) Non-controlling Interest 60.20 3.96 (2.08) 64.16 (3.69) Paid-up equity share capital 111.69 111.69 111.69 111.69 111.69 (Face Value: Rs. 10/- per share) Other Equity Earnings Per Share in Rs. (not annualised) (Refer Note 9) Basic earnings per share - Continuing operations 7.51 (6.41) (6.43) 1.10 (10.56) Diluted earnings per share - Continuing operations 7.51 (6.41) (6.43) 1.10 (10.56) Basic earnings per share - Discontinued operations 70.00 2.93 5.00 72.93 6.83 Diluted earnings per share - Discontinued operations 69.79 2.93 5.00 72.72 6.83 Basic earnings per share - Continuing and discontinued operations 77.51 (3.48) (1.43) 74.03 (3.73) Diluted earnings per share - Continuing and discontinued operations 77.30 (3.48) (1.43) 73.82 (3.73) Contd ......... 2 (Rs. in Crores Year Ended 31.03.2026 (Audited) 403.77 3.41 51.98 459.16 170.56 (1.50) 228.73 64.40 67.50 368.58 898.27 (439.11) (13.16) (452.27) (24.79) (477.06) 35.46 (0.44) (174.01) (338.07) 240.15 (29.89) 12.99 223.25 (114.82) (33.36) 9.71 (0.52) 0.18 (23.99) (138.81) (103.22) (11.60) (23.99) - (127.21) (11.60) 111.69 3,589.13 (29.53) (29.53) 20.20 20.20 (9.33) (9.33)
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1 2 3 4 Contd ......... 2 Regd. Office: Century Bhavan, 2nd Floor, Dr. Annie Besant Road, Worli, Mumbai - 400030. Unaudited Consolidated Segment wise Revenue, Results and Segment Assets and Liabilities, for the quarter and six months ended 30th September, 2026 Quarter Ended Six Month Ended Particulars 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) Segment Revenue (Sales) ( a ) Real Estate 809.93 171.99 83.14 981.92 213.40 ( b) Others 14.52 16.19 13.79 30.71 27.87 Total 824.45 188.18 96.93 1,012.63 241.27 Less: Inter Segment Revenue 0.18 0.13 0.16 0.31 0.29 Sales from continuing operations 824.27 188.05 96.77 1 012.32 240.98 Add: Sales from discontinued operations ( c ) Pulp and Paper (Refer Note 3) 266.83 768.08 821.37 1,034.91 1,500.13 { d l Textiles - - - - - Total sales (Continuing and discontinued operations) 1,091.10 956.13 918.14 2,047.23 1,741.11 Segment Results Profit/ (Loss) after depreciation but before finance costs and exceptional items ( a ) Real Estate (Refer Note 2b) 151.80 (63.62) (72.66) 88.18 (116.62) t b l Others 10.81 10.62 8.09 21.43 17.00 Sub -Total 162.61 (53.00) (64.57) 109.61 (99.62) ( Add ) / Less : i. Finance Costs (continuing operations) - 25.83 17.73 25.83 24.79 ii. Other un-allocable expenditure net of un-allocable income (continuing operations) (11.18) 4.17 9.53 (7.01) 20.52 Profit/ (Loss) Before Tax (continuing operations) 173.79 (83.00) (91.83) 90.79 (144.93) Profit/ (Loss) from discontinued operations (Net of finance cost) ( c ) Pulp and Paper (Refer Note 2b and 3) 848.70 42.68 86.34 891.38 110.49 ( d ) Textiles (Refer Note 4) 0.09 (0.09) (0.15) - 7.22 Total Profit/ (Loss) Before Tax (Continuin g and discontinued operations) 1,022.58 (40.41) (5.64I 982.17 (27.22} Segment Assets ( a ) Real Estate 14,132.72 14,138.40 11,600.51 14,132.72 11,600.51 ·t b l Others 201.12 201.59 201.47 201.12 201.47 14,333.84 14,339.99 11,801.98 14,333.84 11,801.98 ( c) Pulp and Paper - discontinued operations (Refer Note 3) - 3,015.99 3,078.83 3,078.83 ( d ) Tex1iles - discontinued operations - 3.53 70.66 - 70.66 ( e \ Unallocable Assets 4,720.26 3,460.73 2,232.60 4,720.26 2,232.60 Total Assets 19,054.10 20,820.24 17 184.07 19,054.10 17,184.07 Segment Liabilities ( a ) Real Estate 9,751.32 9,859.57 6,631.15 9,751.32 6,631.15 I b \ Others 604.52 609.01 638.08 604.52 638.08 10,355.84 10,468.58 7,269.23 10,355.84 7,269.23 ( c ) Pulp and Paper - discontinued operations (Refer Note 3) - 405.80 416.47 416.47 ( d ) Textiles - discontinued operations - 10.89 11.39 - 11.39 ( e l Unallocable Liabilities 4,075.54 6,217.23 5,689.74 4,075.54 5,689.74 Total Liabilities 14,431.38 17102.50 13 386.83 14 431.38 13 386.83 For Segment Information (Refer Note 7) Contd ......... 3 (Rs. in CroresJ Year Ended 31.03.2026 (Audited) 345.29 59.06 404.35 0.58 403.77 3,062.54 - 3,466.31 (380.73) 30.13 (350.60) 64.40 62.06 (477.06) 177.60 32.66 (266.80) 13,578.74 200.66 13,779.40 3,040.28 3.98 3,409.10 20,232.76 9,511.07 617.81 10,128.88 381.44 10.97 6,012.27 16,533.56
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Contd ......... 3 Notes: The above consolidated unaudited financial results of Aditya Birta Real Estate Limited (formerly known as Century Textiles & Industries Limited) ("the Holding Company"). subsidiaries and its Joint Ventures ("the group") for the quarter and six months ended September 30, 2026 have been reviewed by the Audit Committee and approved by the Board at its meeting held on October 26, 2026. 2 The Holding Company has disclosed exceptional items pertaining to: a Post discontinuation of the Holding company's Textiles business, the economic advantages to its Joint Venture ('"JV"), Birla Advanced Knits Private Limited, such as common utilities, shared manpower and integrated operations with Siro yam spinning, were lost; accordingly, the entity became non-viable and the JV's business operations were discontinued . Both the JV partners had an obligation to contribute equally towards the liabilities of the JV in excess of their respective investments. Accordingly, the Holding Company had recognised a provision aggregating to Rs. 13.50 Cr for the year ended March 31 , 2026 towards JV's working capital requirements, which has been fully impaired and recognised as an exceptional item. No contribution was required towards wort<ing capital during the quarter and six months ended September 30, 2026. b During the previous year, the Group had assessed the financial implications of New Labour Code changes and accordingly recognised an incremental gratuity and leave liability of Rs. 41.18 Cr (including Rs. 11.29 Cr pertaining to continued operations) for the year ended March 31, 2026. Considering that the impact arising out of enactment of the new legislation was an event of a non-recurring nature, the Group had presented this incremental amount as "Impact of Labour Codes" under "Exceptional Item' in the statement of profit and loss for the year ended March 31, 2026. 3 Pursuant to the approval of the Board of Directors of the Holding Company at its meeting held on March 31 , 2025, the Holding Company executed a Business Transfer Agreement (BTA) with ITC Limited for the sale and transfer of Its Pulp and Paper undertaking operated under the name "Century Pulp and Paper". Consequently, the Pulp and Paper Business has been classified as a discontinued operation and the financial results for the comparative periods, including the quarter ended June 30, 2026, the quarter and six months ended September 30, 2025, and the year ended March 31, 2026, have been presented accordingly. During the quarter ended September 30, 2026, the Holding company completed the transfer of the Pulp and Paper Business on a going concern basis in accordance with the BTA for a consideration of Rs.3,476 crore and recognized a gain on disposal of Rs.868.12 crore, which has been disclosed under Exceptional Item. The related adjustments and tax effects arising from the transaction have been recognized and disclosed under Discontinued Operations. The financial performance of discontinued business as follows - (Rs. in Crores) Quarter Ended Six Months Ended Year Ended Particulars 30.09.2026 30.06.2026 (Unaudited} (Unaudi1ed) Total Income 268.10 779.75 Total Expenses 287.52 737.07 Profit/ Loss) before tax before exceptional (19.42) 42.68 items Exceptional item of discontinued operations 868.12 -(Net Charge) Total Tax expenses (73.38) (10.24) Net profit for the period 775.32 32.44 Net Cash flows attributable to discontinued operations as follows Particulars Net Cash flow from/ (used in) Operating Activities Net Cash flows from/ (used in) Investing Activities Net Cash flom from/ (used in) Financing Activities Net Decrease From Discontinued Operations 30.09.2025 (Unaudited) 821 .37 735.02 86.35 (30.69) 55.66 30.09.2026 (Unaudited) 1,047.85 1,024.59 23.26 868.12 (83.62) 807.76 30.09.2025 31.03.2026 (Unaudited) (Audited) 1,500.13 3,103.97 1,389.64 2,896.48 110.49 207.49 - (29.89) (42.02) 10.97 68.47 188.57 Rs. In Crs Six Month Ended Six Month Ended 30 September 2026 30 September 2025 77.21 3.86 (81 .12) (0.05) 12.36 (85.16) 72.40 (0.39) 4 The Holding Company has recognized profit from transfer of property, plant and equipment related to the Textile business, Nil for the quarter and six months ended September 30, 2026 (Quarter ended June 30, 2026: Nil; Quarter ended September 30, 2025: Rs.2.52 crore and six months ended September 30, 2025: Rs. 20.26 crore; Year ended March 31, 2026: Rs.46.30 crore). 5 During the year ended March 31 , 2026, the Nomination and Remuneration Committee ("Committee") of the Board of Directors of the Holding Company had granted 8,772 Stock Options (ESOP's) under the CTIL Employee Stock Option Scheme 2023 ('the Scheme') and 50,864 ESOPs were exercised. During the quarter ended June 30, 2026, no stock options (ESOP's) has been granted, however, 2,06,039 ESOPs have been exercised and 80,749 treasury shares have been sold in open market. During the quarter ended September 30, 2026, no stock options (ESOP's) have been granted, however, 73,030 ESOPs have been exercised. During the quarter, the board of directors in Its meeting held on 13th August 2026 has proposed to implement the ABREL ESOP Scheme 2026 covering 8,29,000 stock options that will be made available to eligible employees of the companies & subsidiaries and eligible directors under the proposed scheme subject to shareholde~s approval. 6 Other income includes interest on income tax refund pertaining to earlier years amounting to Rs. 0.49 crore for the quarter and six months ended September 30, 2026 (Quarter ended June 30, 2026: Nil; Quarter and six months ended September 30, 2025: Rs.5.44 crore; Year ended March 31 , 2026: Rs.5.44 crore). 7 The Textile business was classified and disclosed as discontinued operation and all the plant and machinery have been disposed off. During the period the Holding Company has executed a long term lease agreement for the factory building with Group Company, generating income, accordingly the respective other assets and liabilities are moved to other segments from textiles. In view of this along with the divestment of the paper & pulp business and as per operating results reviewed by the chief operating decision makers, the management has accordingly revised its segment classification and disclosure. Revised segment classification is as under: (a) "Real Estate" includes Residential projects. Leased properties and Investment properties of the HoldinQ Company. (b) "Others" include Viscose Filament Yarn & Tvre Yam (Rayon). Salt worl<s and Chemicals. 8 During the year ended March 31 , 2026, the Holding Company had revised Its estimates relating to measurement of deferred tax balances in view of amendments under the Income Tax Act, 2025 as amended by the Finance Act, 2026. Further, considering the tax benefit and utilization of MAT credit entitlement, the Holding Company was of the view that from tax year 2026-27 the company will opt new tax regime. Accordingly, the Holding Company had reversed the net deferred tax liability of Rs.123.76 crores on account of lower tax rate, by recognizing the same under tax expense of continuing and discontinued operations in the results. 9 As the Group has incurred losses for the quarter ended September 30, 2025 and June 30, 2026, six months ended September 30, 2025, and the year ended March 31, 2026, the impact of potential equity shares is anti-dilutive. Accordingly, diluted earnings per share is the same as basic earnings per share for the respective periods. Contd ......... 4
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Contd ......... 4 10 Consolidated statement of Assets and Liabilities Sr. No. ASSETS Non-current assets Property, plant and equipment Capital work-in-progress Investment property Particulars Investment property under development Intangible assets Intangible assets under development Financial assets Investments Others Deferred tax assets (Net) Advance tax (net of provisions) Other non-current assets Total Non Current Assets (A) Current assets Inventories Financial assets Current Investments Trade receivables Cash and cash equivalents Other bank balances Others Other current assets Total Current Assets (B) Assets classified as held for sale (C) TOTAL ASSETS (A+ B + C) EQUITY AND LIABILITIES Equity Equity share capital Other equity Non controlling interest Total Equity (A) Non-current liabilities Financial liabilities Borrowings Other financial liabilities Provisions Deferred tax liabilities (net) Non-current tax liabilities (net of advance tax) Other non-current liabilities Total Non Current Liabilities (B) Current liabilities Financial liabilities Borrowings Lease liabilities Trade payables 1. total outstanding dues of micro enterprises and small enterprises 2. total outstanding dues of trade payables other than micro and small enterprises Other financial liabilities Provisions Other current liabilities Total Current Liabilities (C) Liabilities directly associated with assets held for sale (D) TOTAL EQUITY AND LIABILITIES (A+ B + C + D) As at 30.09.2026 (Unaudited) 621.73 24.66 688.48 34.85 8.10 1.25 575.25 169.35 629.73 - 20.15 2,773.55 11,351.73 1,710.56 55.61 1,166.57 291.50 208.50 1,496.08 16,280.55 - 16,280.55 19,054.10 111.69 4,460.09 50.94 4,622.72 2,589.12 148.78 16.14 3.37 42.35 269.35 3,069.11 1,042.14 11.44 2.47 691.52 181.07 177.69 9,255.94 11,362.27 - 11 362.27 19,054.10 (Rs in Croresl As at 31.03.2026 (Audited) 620.93 17.63 702.36 33.99 8.83 0.99 529.47 67.45 447.83 130.04 22.57 2,582.09 11,060.48 982.18 16.71 1,362.46 36.30 176.63 974.91 14,609.67 3,041.00 17,650.67 20,232.76 111.69 3,589.13 (1.62 3,699.20 3,761.04 173.41 17.18 - - 296.91 4,248.54 1,875.45 - 11.17 650.21 247.68 216.22 8,882.60 11,883.33 401.69 12,285.02 20,232.76
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Contd ......... 5 11 Consolidated Cash flow statement for the six months ended 30th September 2026 Rs in Crores Sr. Particulars Six Months Ended No. 30.09.2026 30.09.2025 (Unaudited) (Unaudited) A. CASH FLOW FROM OPERATING ACTIVITIES Net Profit/ (Loss) Before Tax from continuing operations after exceptional item 90.79 (144.93) Net Profit/ (Loss) Before Tax from discontinued operation after exceptional item 891.38 117.71 Add / (Less) : Depreciation and amortisation expense 37.33 37.17 Employee stock option expenses 1.66 4.02 Impairment provision on inventory 14.53 13.07 Loss/ (gain) on sale of property, plant and equipment and investment properties 19.01 (24.01) Unrealized exchange (gain)/ loss (1.96) (2.25) Allowance for credit loss 1.91 Sundry debit balances written off 0.88 2.56 Interest income (6.79) (2.98) Share of loss in joint venture 2.83 6.14 Interest expense 27.59 28.07 Liabilities written back (4.64) (1.61) Bad debt written off 0.54 Loss/ (gain) on sale of Business undertaking (868.12) Provision for advances 0.04 Gain on sale of investment (realized and unrealized) (0.29) (11.84) Dividend on investments (19.86) (2.85 ) (797.79) 47.94 Working capital adjustments : Decrease I (increase) in inventory (136.16) (453.74) Decrease I (increase) in trade receivables (22.12) 109.18 Decrease I (increase) in other financial assets 480.71 11.03 Decrease I (increase) in other assets (457.24) (253.45) (Decrease) I increase in other financial liabilities (220.55) (75.46) (Decrease) I increase in trade payables 159.95 (269.57) (Decrease)/ increase in provisions (41.29) 2.95 (Decrease) / increase in other liabilities 392.33 592.07 Decrease I (increase) in other bank balance (861.93) 74.63 (706.30) (262.36) Cash generated from operations (521.92) (241.64) Direct tax paid 111.77 63.62 NET CASH FLOWS GENERATED FROM/ (USED IN) OPERATING ACTIVITIES 633.69 305.26 B. CASH FLOW FROM INVESTING ACTIVITIES Purchase of property, plant and equipment, investment properties and intangible assets (69.98) (128.06) Proceeds from sale of property, plant and equipment and investment properties 2.48 28.46 Proceeds from sale of business undertaking (Net of expenses) 3,299.48 (Purchase)/ sale of investments (net) (704.83) (39.01) Interest received (finance income) 20.77 18.47 Dividend on investments 19.86 2.85 NET CASH FLOWS GENERATED FROM/ (USED IN) INVESTING ACTIVITIES 2,567.78 117.29 C. CASH FLOW FROM FINANCING ACTIVITIES Distribution from non-controlling interest (11.60) (26.50) Proceeds from borrowings (net of processing fees) 1,123.40 420.00 Repayment of borrowings (2,835.60) (176.96) Net proceeds/ (repayment) of short term borrowings (213.23) 220.87 Issue of treasury shares by ESOP Trust 27.29 1.33 Dividend paid (28.22) (22.35) Interest paid (123.20) (212.83) Proceeds I (Payment) of lease liability 10.94 0.99) NET CASH FLOWS GENERATED FROM/ (USED IN) FINANCING ACTIVITIES (2,050.22 202.57 NET DECREASE IN CASH AND CASH EQUIVALENTS (116.13) (219.98) Cash and cash equivalents at the beginning of the period 1,257.46 799.37 Cash and cash equivalents at the end of the period (refer reconciliation below) 1,141.33 579.39 Reconciliation of cash and cash equivalents as per the cash flow statement Cash and cash equivalents as per the above comprise of the following Cash and cash equivalents 1,166.57 683.02 Cash credit and overdraft facilities from banks (25.24) (103.63) Balance as per cash flow statement 1,141.33 579.39 Contd ......... 6
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Contd ......... 6 12 Additional information pursuant to Regulation 52(4) and Regulation 54(2) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended for the quarter and six months ended 30th September, 2026 (Consolidated): Sr. No. (a) (b) (c) (d) (el (f) (g) (h} (i) U) (k) (I) (m) (n) (o) (p) (q) (r) (s) (1) (u) Quarter Ended Six Month Ended Year Ended Particulars 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) Debt-Equity ratio (in times) Debt/Net Worth [Debt is Long Term Borrowing (current and non- 0.79 1.57 1.45 0.79 1.45 1.53 current portion), Short Term Borrowing and Lease Liabilities] Debt Service Coverage Ratio (in times) Earnings before interest, Depreciation and Tax (EBITDA) / Interest Expense on long term & short term borrowings, including 0.06 .. 0.12 0.04 0.06 .. lease liabilities for the period + Scheduled Principal repayment of long term borrowings, including lease liabilities during the period Interest Service Coverage Ratio (in times) Earnings before interest and Tax (EBIT) / Interest Expense for ... .. 0.90 5.24 0.25 .. the period Outstanding redeemable preference shares - - - - - - Capital redemption reserve (Rs in Crores) 100.00 100.00 100.00 100.00 100.00 100.00 Debenture redemption reserve (Rs in Crores) - - - - - - Net Worth (Rs in Crores) 4,622.72 3 717.74 3,797.24 4 622.72 3,797.24 3,699.20 Net profit after tax from continuing & discontinued operations 918.70 (34.59) (17.82) 884.11 (44.90) (114.82) l(Rs in Crores) Basic earnings per share - Continuing and discontinued 77.51 (3.48) (1.43) 74.03 (3.73) (9.33) operations (Refer Note 9) Diluted earnings per share - Continuing and discontinued 77.30 (3.48) (1.43) 73.82 (3.73) (9.33) operations ( Refer Note 9) Current Ratio (in times) 1.43 1.24 1.32 1.43 1.32 1.24 Current Assets/ Current Liabilities Long Term Debt to Working Capital (in times) (Long Term Borrowings (incl. Current Maturities and Lease 0.57 1.26 1.16 0.57 1.16 1.20 Liabilities))/ (Current Assets - Current Liabilities) Bad debts to Accounts Receivable Ratio(%) (not annualized) 0% 0.00% 0.39% 0.00% 0.68% 0.43% Bad debts / Average Accounts Receivable Current Liability Ratio (in times) 0.79 0.73 0.69 0.79 0.69 0.74 Current Liabilities/ Total Liabilities Total Debts to Total Assets (in times) (Long term Borrowings+ Short Term Borrowings+ Current 0.19 0.28 0.32 0.19 0.32 0.28 Maturities of Long Term Borrowings+ Lease Liabilities)/ Total Assets Debtors turnover (in times) (not annualized) 20.54 17.05 8.85 34.96 12.92 27.48 Revenue/ Average Accounts Receivable Inventory turnover (in times) Cost of goods sold/ Average Inventory (excl. Real Estate 0.80 0.99 1.07 2.49 2.00 4.05 inventory) Operating Margin(%) (including discontinued operations) 11.08% -3.08% -0.29% 4.43% -2.86% -8.37% Operating Profit/ Revenue Net Profit Margin after exceptional item (%) (including discontinued operations) 83.99% -3.57% -1.92% 42.89% -2.55% -3.28% Net Profit after exceptional items (net of tax expense)/ Revenue Net Profit Margin before exceptional items(%) (including discontinued operations) 11.74% -3.57% -1.92% 4.55% -2.55% -2.25% Net Profit before exceptional items (net of tax expense)/ Revenue Asset coverage ratio on Secured Redeemable Non Convertible debentures (NCDs) (in times)* (Assets hypothecated for secured NCDs / Outstanding balance - - - - - - of secured NCDs) * The Company has no Secured Redeemable Non Convertible debentures (NCDs) outstanding as on September 30, 2026, June 30, 2026, March 31, 2026 and September 30, 2025, hence the asset coverage ratio is not applicable for the quarter and six months ended September 30, 2026 and September 30, 2025, quarter ended June 30, 2026 and year ended March 31, 2026. ** Since the computed ratio is negative and hence not disclosed. *** The ratio has not been computed as the finance cost for the period is Nil/Zero. By Order of the Board ADITYA BIRLA REAL ESTATE LIMITED Place : Mumbai ~ Date : October 26, 2026 Manag1ng Director DIN No. 00040951 The financial results of the Company would be available for perusal on the Company's website viz. www.adityabirlarealestate.com and also on websites of BSE Ltd. viz. www.bseindia.com and National Stock Exchange of India Ltd. viz. www.nseindia.com
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REAL ESTATE Annexure I Details under amended Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read along with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026 Sr. Particulars Details No. 1. Reason for change viz. Appointment, Appointment of Ms. Jayati Bansal re-appointment, resignation, removal, (DIN: 11938052) as an Independent Director death or otherwise of the Company for a first term of five years commencing from 06th December, 2026 to 05th December, 2031 subjectto the approval of Shareholders of the Company. 2. Date of appointment/ Fe- Appointment w.e.f. 06th December, 2026. appointment/ cessation (as applicable) & term of appointment/re- appointment ) 3. Brief Profile (In case of appointment) AnnexureA 4. Disclosure of relationships between Ms. Jayati Bansal is not related to any Director directors (in case of appointment of a on the Board or Key Managerial Personnel of director). the Company.
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Ms. Jayati Bansal ADITYA BIRLA REAL ESTATE AnnexureA Brief Profile Global Banking Leader I Board Chair & Director I International Finance & Governance • Ms. Jayati Bansal (aged 60 years) is a Business focused, result oriented banking professional with over 35 years of experience at State Bank oflndia (SBI), including extensive leadership across international banking, treasury, corporate credit, financial institutions and governance, supported by hands-on experience in SBI's overseas offices in Frankfurt, New York and Hong Kong. Proven track record in P &L ownership, global strategy, regulatory engagement, capital markets and board leadership. Held senior executive roles including Deputy Managing Director, International Banking Group, and Nominee Director/ Chairperson on multiple overseas subsidiary boards across North America, Europe and Asia. • Deputy Managing Director-International Banking Group, SBI, Mumbai : Sep 2023 to Dec 2025 Chief General Manager, International Banking, SBI, Mumbai Oct 2022 to Aug 2023 Provided strategic and executive leadership for SBI's global banking operations, encompassing overseas branches, subsidiaries and joint ventures. Key Responsibilities included: - Enhancing Bank's global brand visibility and international partnerships - Managing Bank's global banking operations, providing strategic leadership - Oversight of governance and regulatory compliances across jurisdictions - Risk management across jurisdictions. - Interaction with global regulators, Fis, Investors - Managing Bank's overseas branches, Subsidiaries, Joint Ventures etc. - Strengthening Bank's access to global capital markets - Raising funds in international capital and money markets
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REAL ESTATE • As Regional Head - East Asia Region, Hong Kong, January 2020 to September, 2022 - she was responsible for Bank's operations in East Asia including offices at Hong Kong, Tokyo, Osaka, Seoul, and Shanghai. Providing strategic leadership, performance oversight, and managing relationships with host country regulators and major financial institutions. Ensured compliance and risk management. • She holds - Masters in English literature from St. Stephen's College, Delhi University, - MBA from FMS, Delhi University, - Diploma in Treasury, Investment and Risk Management from Indian Institute of Banking and Finance & - CAIIB from Indian Institute of Bankers. • She holds directorship in other companies viz. BOB Securities & Giltedge Limited - Independent Director and Jhabua Power Limited - Nominee Director of SBI.