Interim report
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O YEAR DEVELOPED INDIA MISSION 1947 TO 2047 220ower 9203736 बी ई एम एल लिमिटेड BEML LIMITED Schedule ' A ' Company under Ministry of Defence , Govt . of India Defence & Aerospace | Mining & Construction | Rail & Metro Ref : CS / SE / 2026-27 / 834 National Stock Exchange of India Ltd. Listing Compliance Department Exchange Plaza , Bandra - Kurla Complex , Bandra ( East ) , MUMBAI - 400 051 Symbol : BEML Dear Sir / Madam , Sub : Outcome of the Board Meeting The BSE Limited बी ई एम एल BEML Beyond Possibilities 07.08.2026 Listing Compliance Department P.J. Towers , 26th Floor , Dalal Street , MUMBAI - 400 001 Scrip code : 500048 Ref : Our letter No. CS / SE / 2026-27 / 830 dated 31.07.2026 . We are enclosing herewith statement of Standalone and Consolidated Unaudited Financial Results along with Limited Review Report for the First quarter ended 30.06.2026 in terms of Regulation 33 of the SEBI ( Listing Obligations and Disclosure Requirements ) Regulations , 2015. The said results have been considered and approved by the Board at its 422nd meeting , held on 07.08.2026 . Arrangements have also been made to publish the extract of the results in a national daily ( English ) and local daily ( Kannada ) newspapers . Meeting of the Board of Director commenced at 09:30 hours and concluded at 12:00 hours . Please bring this to the notice of all concerned . Yours faithfully , For BEML LIMITED Savitri Yadav Company Secretary & Compliance Officer ICSI Mem No .: A21994 Place : Bengaluru ಪ್ರಧಾನಕಚೇರಿ Corporate Office : ' ಬೆಮೆಧ ' , ೨೩/೧ , ೪ ನೇಮುಖ್ಯರಸ್ತೆ , ಸಂಪಂಗಿರಾಮನಗರ , ಬೆಂಗಳೂರು - ೫೬೦೦೨೭.ದೂರವಾಣಿಸಂಖ್ಯೆ : +೯೧೮೦೨೨೨೨೩೦೬೫ ಫ್ಯಾಕ್ಸ್ಂಖ್ಯೆ : +೯೧೮೦೨೨೧೦೪೦೯೯ BEML Soudha , 23/1 , 4th . Main , S R Nagar , Bangalore - 560027 , Tel . +91 80 22963142/211 , Fax . +91 80 22963142 cs@beml.co.in @cmdbeml in BEML LTD . CIN : L35202KA1964GOI001530 , GST NO . 29AAACB8433D1ZU , www.bemlindia.in
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B E M L L i m i t e d ( C I N : L 3 5 2 0 2 K A 1 9 6 4 G 0 1 00 1 5 3 0 ) ( S c h e d u l e ' A ' C o m p a n y u n d e r M i n i s t r y o f D e f e n c e ) R e g i s t e r e d O ff i c e : " B E M L S O U D H A " , 2 3 / 1 , 4 t h M a i n R o a d , S . R . N a g a r , B e n g a l u r u - 5 6 0 0 2 7 . T e l . & F a x : ( 0 8 0 ) 22 9 6 3 1 4 2 , E - m a i l : c s @ b e m l . c o . i n , W e b s i t e : www . b e m l i n d i a . i n a g m w “ W B E P e s e i b i l i c i e s S t a t e m e n t o f S t a n d a l o n e U n a u d i t e d R e s u l t s f o r t h e q u a r t e r e n d e d 3 0 - 0 6 - 2 0 2 6 ( R s i n l a k h s e x c e p t E P S ) Q u a r t e r e n d e d Y e a r E n d e d S . N o P a r t i c u l a r s 3 0 - 0 6 - 2 0 2 6 3 1 - 0 3 - 2 0 2 6 3 0 - 0 6 - 2 0 2 5 3 1 - 0 3 - 2 0 2 6 ( U n a u d i t e d ) ( A u d i t e d ) ( U n a u d i t e d ) ( A u d i t e d ) | | R e v e n u e f r o m o p e r a t i o n s 8 1 , 9 6 2 1 , 7 9 , 4 1 7 6 3 , 3 99 4 , 3 5 , 0 5 3 || | O t h e r i n c o m e 11 4 9 5 3 7 4 7 2 , 7 55 I | T o t a l I n c o m e ( I + II ) 8 2 , 0 7 6 1 , 8 0 , 3 7 0 6 4 , 1 4 6 4 , 3 7 , 8 0 8 I V | E x p e n s e s : C o s t o f m a t e r i a l s c o n s u m e d 4 2 , 8 6 4 9 1 , 1 5 0 3 7 , 1 6 3 2 , 3 1 , 9 8 4 P u r c h a s e o f s t o c k - i n - t r a d e - - - - C h a n g e s i n i n v e n t o r i e s o f f i n i s h e d g oo d s , s t o c k - i n - 2 , 7 9 5 3 , 6 8 9 ( 4 , 7 3 4 ) ( 4 , 1 2 4 ) t r a d e a n d w o r k - i n - p r o g r e ss E m p l o y ee b e n e f i t s e x p e n s e 2 0 , 2 6 3 1 9 , 9 66 2 0 , 9 3 7 8 3 , 5 0 6 F i n a n c e c o s t s 1 , 3 8 7 1 , 4 0 7 9 8 1 4 , 5 3 9 D e p r e c i a t i o n a n d a m o r t i z a t i o n e x p e n s e 2 , 33 6 2 , 2 4 5 1 , 9 7 3 8 , 33 9 O t h e r e x p e n s e s 1 5 , 8 2 8 3 7 , 4 3 2 1 4 , 8 3 4 9 3 , 6 5 6 T o t a l E x p e n s e s ( I V ) 8 5 , 4 7 2 1 , 55 , 888 7 1 , 1 5 4 4 , 1 7 , 9 00 V _ | P r o f i t / ( L o ss ) b e f o r e e x c e p t i o n a l i t e m s a n d t a x ( II l - ( 3 , 3 9 6 ) 2 4 , 4 8 2 ( 7 , 00 8 ) 1 9 , 9 0 8 I V ) V I | A dd / ( L e ss ) : E x c e p t i o n a l i t e m s 7 - 7 < V i l | P r o f i t / ( L o ss ) b e f o r e t a x ( V - V I ) ( 3 , 3 9 6 ) 2 4 , 4 8 2 ( 7 , 00 8 ) 1 9 , 9 0 8 V II | C u rr e n t T a x - 11 , 2 0 3 . 1 2 , 0 6 2 E a r l i e r y e a r T a x = - = 6 0 D e f e rr e d T a x ( 6 7 0 ) ( 4 , 6 5 3 ) ( 6 1 7 ) ( 6 , 9 6 5 ) I X | P r o f i t / ( L o ss ) f o r t h e p e r i o d f r o m c o n t i n u i n g ( 2 , 7 2 6 ) 1 7 , 9 3 2 ( 6 , 3 9 1 ) 1 4 , 7 5 0 o p e r a t i o n s ( V II - V III ) X | P r o f i t / ( L o ss ) f r o m d i s c o n t i n u i n g o p e r a t i o n s - - - - X l | T a x e x p e n s e o f d i s c o n t i n u e d o p e r a t i o n s 5 - - - X I | P r o f i t / ( L o ss ) f r o m d i s c o n t i n u e d o p e r a t i o n s ( a f t e r - = - i s t a x ) ( X - X 1 ) X II | P r o f i t / ( L o ss ) f o r t h e p e r i o d ( I X + X II ) ( 2 , 7 2 6 ) 1 7 , 9 3 2 ( 6 , 3 9 1 ) 1 4 , 7 5 0 X I V . | O t h e r C o m p r e h e n s i v e I n c o m e ( n e t o f T a x e s ) ( 1 6 4 ) 2 6 7 77 ( 44 6 ) X V _ | T o t a l C o m p r e h e n s i v e I n c o m e f o r t h e p e r i o d ( 2 , 8 9 0 ) 1 8 , 1 9 8 ( 6 , 3 1 4 ) 1 4 , 3 0 5 ( X II + X I V ) X V I | E q u i t y S h a r e C a p i t a l 4 , 1 6 4 4 , 1 6 4 4 , 1 6 4 4 , 1 6 4 X V II | R e s e r v e s ( e x c l u d i n g R e v a l u a t i o n R e s e r v e ) 2 , 8 1 , 88 9 2 , 8 6 , 6 9 5 2 , 6 8 , 6 5 8 2 , 8 6 , 6 9 5 X V III | E a r n i n g s p e r e q u i t y s h a r e * : ( R s 5 / - e a c h ) i n R s B a s i c a n d d i l u t e d ( 3 . 2 7 ) 2 1 . 5 3 ( 1 5 . 3 5 ) 1 7 . 7 1 * E P S f o r q u a r t e r e n d e d 3 0 t h J u n e 2 0 2 5 h a s b ee n s h o w n a s u p l o a d e d i n s t o c k e x c h a n g e l a s t y e a r . C o n s i d e r i n g t h e s p l i t o f s h a r e s o n 0 3 . 11 . 2 0 2 5 a d j u s t e d E P S f o r q u a r t e r e n d e d 3 0 t h J u n e 2 0 2 5 i s R s ( 7 . 6 8 ) . N o t e s 1 ) A s c u rr e n t l y t h e r e a r e n o i n d e p e n d e n t d i r e c t o r s o n t h e B o a r d o f B E M L , t h e A u d i t C o mm i tt ee h a s n o t b ee n c o n s t i t u t e d . T h e r e s u l t s h a v e b ee n p r e p a r e d i n a cc o r d a n c e w i t h I n d A S , w h i c h w a s d u l y r e v i e w e d a n d r e c o mm e n d e d b y t h e C o mm i tt ee o f F u n c t i o n a l D i r e c t o r s a t t h e m ee t i n g h e l d o n 0 6 . 0 8 . 2 0 2 6 a n d a pp r o v e d b y t h e B o a r d o f D i r e c t o r s a t t h e M ee t i n g h e l d o n 0 7 . 0 8 . 2 0 2 6 . 2 ) A s r e q u i r e d u n d e r S E B I r e g u l a t i o n s , a L i m i t e d r e v i e w o f t h e a b o v e f i n a n c i a l s w a s c o n d u c t e d b y t h e S t a t u t o r y A u d i t o r s a n d t h e L i m i t e d R e v i e w R e p o r t a s d u l y p l a c e d b e f o r e t h e a f o r e s a i d m ee t i n g o f t h e B o a r d i s e n c l o s e d . 3 ) E x e m p t i o n h a s b ee n g r a n t e d b y M i n i s t r y o f C o r p o r a t e A ff a i r s ( M C A ) f r o m p u b l i s h i n g s e g m e n t - w i s e i n f o r m a t i o n . 4 ) A s p e r CC E A a pp r o v a l d a t e d g i n S e p t e m b e r 2 0 2 1 , v o l u n t a r y l i q u i d a t i o n o f M / s V i g n y a n I n d u s t r i e s L t d , a s u b s i d i a r y o f B E M L i s u n d e r p r o c e ss . 5 ) T h e c o m p a n y h a s a d v a n c e d R s 7 , 4 6 7 . 5 0 L a k h s t o M A M C c o n s o r t i u m f o r m e d a l o n g w i t h M / s C o a l I n d i a L t d ( C I L ) a n d M / s D a m o d a r V a ll e y C o r p o r a t i o n ( D V C ) f o r a c q u i r i n g s p e c i f i e d a ss e t s o f M i n i n g & A ll i e d M a c h i n e r y C o r p o r a t i o n L t d . ( M A M C ) ( u n d e r l i q u i d a t i o n ) . T h e c o m p a n y ' s s h a r e i n t h e c o n s o r t i u m i s 4 8 % . F u r t h e r , a s u b s i d i a r y c o m p a n y M A M C I n d u s t r i e s L t d ( M I L ) w a s f o r m e d & i n c o r p o r a t e d f o r t h e i n t e n d e d J V f o r m a t i o n . T h e c o m p a n y h a s a d v a n c e d R s 6 2 4 . 0 1 L a k h s o n a cc o u n t o f M I L . 6 ) T h e f i g u r e s f o r t h e q u a r t e r e n d e d M a r c h a r e t h e b a l a n c i n g f i g u r e s b e t w ee n t h e a u d i t e d f i g u r e s f o r t h e f u ll f i n a n c i a l y e a r a n d t h e p u b l i s h e d f i g u r e s u p t o t h e t h i r d q u a r t e r o f t h e f i n a n c i a l y e a r . 7 ) P r e v i o u s p e r i o d f i g u r e s h a v e b ee n r e g r o u p e d a n d r e c l a ss i f i e d w h e r e v e r n e c e ss a r y t o m a k e t h e m c o m p a r a b l e w i t h c u rr e n t p e r i o d f i g u r e s . w a s S H A N T A N U R O Y p y o r d e r o f t h d B “ a r e n t w ee f t w / C h a i r m a n & M a n a g i n g D i r e c t o r s p e n a l ) i t e i j q a g e r f e f i t s / B E M L L I M I T E D S ee r a t e , 2 3 / 1 , a h r t y , w e a . A T B E M L S o u d h a , N o . 2 3 / 1 , 4 t h M a i n , S . R . N a g e r ee ee ( S h a n t a n d D a t e : 0 7 . 0 8 . 2 0 2 6 ; 4 0 C h a i r m a n a n d M a n a g i n g p i r a c t o ™ P l a c e : B e n g a l u r u
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B E M L L i m i t e d a oo a w ( C I N : L 3 5 2 0 2 K A 1 9 6 4 G 0 1 00 1 5 3 0 ) i M ( S c h e d u l e ' A ' C o m p a n y u n d e r M i n i s t r y o f D e f e n c e ) j B E M L R e g i s t e r e d O ff i c e : " B E M L S O U D H A " , 2 3 / 1 , 4 t h M a i n R o a d , S . R . N a g a r , B e n g a l u r u - 5 6 0 0 2 7 . T e l . & F a x : ( 0 8 0 ) 22 9 6 3 1 4 2 , E - m a i l : c s @ b e m l . c o . i n , W e b s i t e : www . b e m l i n d i a . i n S t a t e m e n t o f C o n s o l i d a t e d U n a u d i t e d R e s u l t s f o r t h e q u a r t e r e n d e d 3 0 - 0 6 - 2 0 2 6 ( R s i n l a k h s e x c e p t E P S ) Q u a r t e r e n d e d Y e a r E n d e d S . N o P a r t i c u l a r s 3 0 - 0 6 - 2 0 2 6 3 1 - 0 3 - 2 0 2 6 3 0 - 0 6 - 2 0 2 5 3 1 - 0 3 - 2 0 2 6 ( U n a u d i t e d ) ( A u d i t e d ) ( U n a u d i t e d ) ( A u d i t e d ) | | R e v e n u e f r o m o p e r a t i o n s 8 1 , 9 6 2 1 , 7 9 , 4 1 7 6 3 , 3 99 4 , 3 5 , 0 5 3 I l { O t h e r i n c o m e 1 5 7 99 7 8 5 7 2 , 9 44 I l | T o t a l I n c o m e ( I + II ) 8 2 , 11 9 1 , 8 0 , 4 1 4 6 4 , 2 5 6 4 , 3 7 , 99 7 I V _ | E x p e n s e s : C o s t o f m a t e r i a l s c o n s u m e d 4 2 , 8 6 4 9 1 , 1 5 0 3 7 , 1 6 3 2 , 3 1 , 9 8 4 P u r c h a s e o f s t o c k - i n - t r a d e . : - C h a n g e s i n i n v e n t o r i e s o f f i n i s h e d g oo d s , s t o c k - i n 2 , 7 9 5 3 , 6 8 9 ( 4 , 7 3 4 ) ( 4 , 1 2 4 ) t r a d e a n d w o r k - i n - p r o g r e ss E m p l o y ee b e n e f i t s e x p e n s e 2 0 , 2 6 3 1 9 , 9 66 2 0 , 9 3 7 8 3 , 5 0 6 F i n a n c e c o s t s 1 , 3 8 7 1 , 4 0 7 9 8 1 4 , 5 3 9 D e p r e c i a t i o n a n d a m o r t i z a t i o n e x p e n s e 2 , 33 9 2 , 2 4 7 1 , 9 7 6 8 , 3 4 8 O t h e r e x p e n s e s 1 5 , 8 44 3 7 , 4 6 1 1 4 , 9 6 2 9 3 , 7 8 7 T o t a l E x p e n s e s ( I V ) 8 5 , 4 9 1 1 , 55 , 9 1 9 7 1 , 2 8 4 4 , 1 8 , 0 4 1 V _ | P r o f i t / ( L o ss ) b e f o r e e x c e p t i o n a l i t e m s a n d t a x ( 3 , 3 7 1 ) 2 4 , 4 9 5 ( 7 , 0 2 8 ) 1 9 , 9 5 6 ( III - I V ) V I | A dd / ( L e ss ) : E x c e p t i o n a l i t e m s - - z s - V i l | P r o f i t / ( L o ss ) b e f o r e t a x ( V - V I ) ( 3 , 3 7 1 ) 2 4 , 4 9 5 ( 7 , 0 2 8 ) 1 9 , 9 5 6 V i ll | C u rr e n t T a x - 11 , 1 66 7 00 1 2 , 7 2 5 E a r l i e r y e a r T a x = = : 6 0 D e f e rr e d T a x ( 6 7 0 ) ( 4 , 6 5 3 ) ( 1 , 3 1 7 ) ( 6 , 9 6 5 ) I X | P r o f i t / ( L o ss ) f o r t h e p e r i o d f r o m c o n t i n u i n g ( 2 , 7 0 1 ) 1 7 , 9 8 2 ( 6 , 4 11 ) 1 4 , 1 3 6 o p e r a t i o n s ( V II - V III ) X | P r o f i t / ( L o ss ) f r o m d i s c o n t i n u i n g o p e r a t i o n s - - - - X I | T a x e x p e n s e o f d i s c o n t i n u e d o p e r a t i o n s - - - 2 X I | _ | P r o f i t / ( L o ss ) f r o m d i s c o n t i n u e d o p e r a t i o n s - - - - ( a f t e r t a x ) ( X - X 1 ) X II | P r o f i t / ( L o ss ) f o r t h e p e r i o d ( I X + X II ) ( 2 , 7 0 1 ) 1 7 , 9 8 2 ( 6 , 4 11 ) 1 4 , 1 3 6 X I V _ | O t h e r C o m p r e h e n s i v e I n c o m e ( n e t o f T a x e s ) ( 1 6 4 ) 2 6 7 77 ( 44 6 ) X V _ | T o t a l C o m p r e h e n s i v e I n c o m e f o r t h e p e r i o d ( 2 , 8 6 5 ) 1 8 , 2 4 9 ( 6 , 33 4 ) 1 3 , 6 9 1 ( X II + X 1 V ) X V I _ | E q u i t y S h a r e C a p i t a l 4 , 1 6 4 4 , 1 6 4 4 , 1 6 4 4 , 1 6 4 X V II | R e s e r v e s ( e x c l u d i n g R e v a l u a t i o n R e s e r v e ) 2 , 8 4 , 3 5 3 2 , 8 9 , 1 33 2 , 7 1 , 00 9 2 , 8 9 , 1 33 X V III | E a r n i n g s p e r e q u i t y s h a r e * : ( R s 5 / - e a c h ) i n R s B a s i c a n d d i l u t e d ( 3 . 2 4 ) 2 1 . 5 9 ( 1 5 . 4 0 ) 1 6 . 9 7 * E P S f o r q u a r t e r e n d e d 3 0 t h J u n e 2 0 2 5 h a s b ee n s h o w n a s u p l o a d e d i n s t o c k e x c h a n g e l a s t y e a r . C o n s i d e r i n g t h e s p l i t o f s h a r e s o n 0 3 . 11 . 2 0 2 5 a d j u s t e d E P S f o r q u a r t e r e n d e d 3 0 t h J u n e 2 0 2 5 i s R s ( 7 . 7 0 ) . N o t e s 1 ) A s c u rr e n t l y t h e r e a r e n o i n d e p e n d e n t d i r e c t o r s o n t h e B o a r d o f B E M L , t h e A u d i t C o mm i tt ee h a s n o t b ee n c o n s t i t u t e d . T h e r e s u l t s h a v e b ee n p r e p a r e d i n a cc o r d a n c e w i t h I n d A S , w h i c h w a s d u l y r e v i e w e d a n d r e c o mm e n d e d b y t h e C o mm i tt ee o f F u n c t i o n a l D i r e c t o r s a t t h e m ee t i n g h e l d o n 0 6 . 0 8 . 2 0 2 6 a n d a pp r o v e d b y t h e B o a r d o f D i r e c t o r s a t t h e M ee t i n g h e l d o n 0 7 . 0 8 . 2 0 2 6 . 2 ) A s r e q u i r e d u n d e r S E B I r e g u l a t i o n s , a L i m i t e d r e v i e w o f t h e a b o v e f i n a n c i a l s w a s c o n d u c t e d b y t h e S t a t u t o r y A u d i t o r s a n d t h e L i m i t e d R e v i e w R e p o r t a s d u l y p l a c e d b e f o r e t h e a f o r e s a i d m ee t i n g o f t h e B o a r d i s e n c l o s e d . 3 ) E x e m p t i o n h a s b ee n g r a n t e d b y M i n i s t r y o f C o r p o r a t e A ff a i r s ( M C A ) f r o m p u b l i s h i n g s e g m e n t - w i s e i n f o r m a t i o n . 4 ) T h e A u d i t e d r e s u l t s o f s u b s i d i a r y c o m p a n i e s v i z . V i g n y a n I n d u s t r i e s L t d . ( 9 6 . 5 6 % s h a r e h o l d i n g ) a n d M A M C I n d u s t r i e s L t d ( 1 00 % s h a r e h o l d i n g ) a r e i n c l u d e d i n c o n s o l i d a t e d f i n a n c i a l r e s u l t s o n a l i n e t o l i n e b a s i s a s p r e s c r i b e d u n d e r I n d A S 11 0 - C o n s o l i d a t e d F i n a n c i a l S t a t e m e n t s . A s p e r CC E A a pp r o v a l d a t e d = " S e p t e m b e r 2 0 2 1 , v o l u n t a r y l i q u i d a t i o n o f M / s V i g n y a n I n d u s t r i e s L t d , a s u b s i d i a r y o f B E M L i s u n d e r p r o c e ss . 5 ) T h e g r o u p h a s a d v a n c e d R s 7 , 4 6 7 . 5 0 L a k h s t o M A M C c o n s o r t i u m f o r m e d a l o n g w i t h M / s C o a l I n d i a L t d ( C I L ) a n d M / s D a m o d a r V a ll e y C o r p o r a t i o n ( D V C ) f o r a c q u i r i n g s p e c i f i e d a ss e t s o f M i n i n g & A ll i e d M a c h i n e r y C o r p o r a t i o n L t d ( M A M C ) ( u n d e r l i q u i d a t i o n ) . T h e c o m p a n y ' s s h a r e i n t h e c o n s o r t i u m i s 4 8 % . 6 ) T h e f i g u r e s f o r t h e q u a r t e r e n d e d M a r c h a r e t h e b a l a n c i n g f i g u r e s b e t w ee n t h e a u d i t e d f i g u r e s f o r t h e f u ll f i n a n c i a l y e a r a n d t h e p u b l i s h e d f i g u r e s u p t o t h e t h i r d q u a r t e r o f t h e f i n a n c i a l y e a r . 7 ) P r e v i o u s p e r i o d f i g u r e s h a v e b ee n r e g r o u p e d a n d r e c l a ss i f i e d w h e r e v e r n e c e ss a r y t o m a k e t h e m c o m p g t h e c u rr e n t p e r i o d f i g u r e s . B y o r a e n a S H A N T A N U R O Y f o r T a e w ee / C h a i r m a n & M a n a g i n g D i r e c t o r ‘ e r e s f ee s / B E M L L I M I T E D w r e o t h e r , 2 3 / 1 , s h e n 4 , w a n e . a t 4 0 D a t e : 0 7 . 0 8 . 2 0 2 6 B E M L S o u d h a , N o . 2 3 / 1 , 4 t h M a i n , S . R . N a g a r ( S h a n t a 0 P l a c e : B e n g a l u r u f y / B E N G A L U R U - 5 6 0 0 2 7 .
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B E M L L i m i t e d ( C I N : L 3 5 2 0 2 K A 1 9 6 4 G 0 1 00 1 5 3 0 ) a t Z C Y t e t ( S c h e d u l e ' A ’ C o m p a n y u n d e r M i n i s t r y o f D e f e n c e ) . R e g i s t e r e d O ff i c e : " B E M L S O U D H A " , 2 3 / 1 , 4 t h M a i n R o a d , S . R . N a g a r , B e n g a l u r u - 5 6 0 0 2 7 . “ ~ B E M L T e l . & F a x : ( 0 8 0 ) 22 9 6 3 1 4 2 , E - m a i l : c s @ b e m l . c o . i n , W e b s i t e : www . b e m l i n d i a . i n S t a t e m e n t o f S t a n d a l o n e & C o n s o l i d a t e d U n a u d i t e d R e s u l t s f o r t h e q u a r t e r e n d e d 3 0 . 0 6 . 2 0 2 6 ( R s i n l a k h s e x c e p t E P S ) S t a n d a l o n e C o n s o l i d a t e d S l . . Q u a r t e r Q u a r t e r | Q u a r t e r e n d e d ] Y e a r e n d e d Q u a r t e r Q u a r t e r Q u a r t e r Y e a r e n d e d N o . P e r i c l e s e n d e d e n d e d e n d e d e n d e d e n d e d 3 0 - 0 6 - 2 0 2 6 | 3 1 - 0 3 - 2 0 2 6 | 3 0 - 0 6 - 2 0 2 5 | 3 1 - 0 3 - 2 0 2 6 } 3 0 - 0 6 - 2 0 2 6 | 3 1 - 0 3 - 2 0 2 6 | 3 0 - 0 6 - 2 0 2 5 | 3 1 - 0 3 - 2 0 2 6 U n a u d i t e d A u d i t e d U n a u d i t e d A u d i t e d U n a u d i t e d A u d i t e d U n a u d i t e d A u d i t e d T o t a l I n c o m e f r o m O p e r a t i o n s 8 1 , 9 6 2 1 , 7 9 , 4 1 7 6 3 , 3 99 4 , 3 5 , 0 5 3 8 1 , 9 6 2 1 , 7 9 , 4 1 7 6 3 , 3 99 4 , 3 5 , 0 5 3 N e t P r o f i t / ( L o ss ) f o r t h e p e r i o d ( b e f o r e T a x , = 5 , ( 3 , 3 9 6 ) 2 4 , 4 8 2 ( 7 , 00 8 ) 1 9 , 9 0 8 ( 3 , 3 7 1 ) 2 4 , 4 9 5 ( 7 , 0 2 8 ) 1 9 , 9 5 6 E x c e p t i o n a l a n d / o r E x t r a o r d i n a r y i t e m s ) P r o f i t i P i e t ee p e r e nn e c a c a o e n e ( 3 , 3 9 6 ) 2 4 , 4 8 2 ( 7 , 00 8 ) } 1 9 , 9 0 8 ( 3 , 3 7 1 ) 2 4 , 4 9 5 ( 7 , 0 2 8 ) | 1 9 , 9 5 6 E x c e p t i o n a l a n d / o r E x t r a o r d i n a r y i t e m s ) eee h e i t e t e ! a i e p e n i s a t e r e a ( a t l ( 2 , 7 2 6 ) 1 7 , 9 3 2 ( 6 , 3 9 1 ) | 1 4 , 7 5 0 ( 2 , 7 0 1 ) 1 7 , 9 8 2 ( 6 , 4 11 ) | 1 4 , 1 3 6 E x c e p t i o n a l a n d / o r E x t r a o r d i n a r y i t e m s ) 5 | T o t a l C o m p r e h e n s i v e I n c o m e f o r t h e p e r i o d { C o m p r i s i n g P r o f i t / ( L o ss ) f o r t h e p e r i o d ( a f t e r t a x ) 1 8 , 1 9 8 6 , 3 1 4 1 4 , 3 0 5 2 a n d O t h e r C o m p r e h e n s i v e I n c o m e ( a f t e r t a x ) ] i e ) ‘ ( 6 , 3 1 4 ) ‘ ( 2 , 8 6 5 ) a n e M ? ( e 8 3 4 ) 1 3 , 0 9 4 6 | P a i d u p E q u i t y S h a r e C a p i t a l 4 , 1 6 4 4 , 1 6 4 4 , 1 6 4 4 , 1 6 4 4 , 1 6 4 4 , 1 6 4 4 , 1 6 4 4 , 1 6 4 7 | R e s e r v e s ( e x c l u d i n g R e v a l u a t i o n R e s e r v e ) 2 , 8 1 , 88 9 2 , 8 6 , 6 9 5 2 , 6 8 , 6 5 8 2 , 8 6 , 6 9 5 2 , 8 4 , 3 5 3 2 , 8 9 , 1 33 2 , 7 1 , 00 9 2 , 8 9 , 1 33 8 | S e c u r i t y P r e m i u m A cc o u n t 6 1 , 2 0 4 6 1 , 2 0 4 6 1 , 2 0 4 6 1 , 2 0 4 6 1 , 2 0 4 6 1 , 2 0 4 6 1 , 2 0 4 6 1 , 2 0 4 3 | N e t w o r t h 2 , 8 6 , 0 66 2 , 9 0 , 8 7 2 2 , 7 2 , 8 3 6 2 , 9 0 , 8 7 2 2 , 88 , 5 3 0 2 , 9 3 , 3 11 2 , 7 5 , 1 8 6 2 , 9 3 , 3 11 1 0 | P a i d u p D e b t C a p i t a l / O u t s t a n d i n g D e b t - : . - . a - 11 | O u t s t a n d i n g R e d ee m a b l e P r e f e r e n c e S h a r e s - - - - : - s = 1 2 | D e b t E q u i t y R a t i o ; 0 . 1 9 0 . 1 0 0 . 2 6 0 . 1 0 0 . 1 8 0 . 1 0 0 . 2 6 0 . 1 0 1 3 | E a r n i n g s p e r S h a r e * ( o f R s 5 / - e a c h ) ( f o r c o n t i n u i n g a n d d i s c o n t i n u e d o p e r a t i o n s ) 1 . B a s i c : ( 3 . 2 7 ) 2 1 . 5 3 ( 1 5 . 3 5 ) 1 7 . 7 1 ( 3 . 2 4 ) 2 1 . 5 9 ( 1 5 . 4 0 ) 1 6 . 9 7 2 . D i l u t e d : ( 3 . 2 7 ) 2 1 : 5 3 ( 1 5 . 3 5 ) 7 . 7 4 ( 3 . 2 4 ) 2 1 . 5 9 ( 1 5 . 4 0 ) 1 6 . 9 7 1 4 | C a p i t a l R e d e m p t i o n R e s e r v e - - 7 = a 7 - . 1 5 | D e b e n t u r e R e d e m p t i o n R e s e r v e . = r . 2 = 1 6 | D e b t S e r v i c e C o v e r a g e R a t i o 0 . 2 4 2 0 . 00 ( 4 . 1 3 ) 7 . 22 0 , 2 6 2 0 . 0 1 ( 4 . 1 5 ) 7 . 2 4 1 7 | \ n t e r e s t S e r v i c e C o v e r a g e R a t i o ( 1 . 4 5 ) 1 8 . 4 0 ( 6 . 1 4 ) 5 . 3 9 ( 1 . 4 3 ) 1 8 . 4 1 ( 6 . 1 7 ) 5 . 4 0 * S t a n d a l o n e - E P S f o r q u a r t e r e n d e d 3 0 t h J u n e 2 0 2 5 h a s b ee n s h o w n a s u p l o a d e d i n s t o c k e x c h a n g e l a s t y e a r . C o n s i d e r i n g t h e s p l i t o f s h a r e s o n 0 3 . 11 . 2 0 2 5 a d j u s t e d E P S f o r q u a r t e r e n d e d 3 0 t h J u n e 2 0 2 5 i s R s ( 7 . 6 8 ) . * C o n s o l i d a t e d - E P S f o r q u a r t e r e n d e d 3 0 t h J u n e 2 0 2 5 h a s b ee n s h o w n a s u p l o a d e d i n s t o c k e x c h a n g e l a s t y e a r . C o n s i d e r i n g t h e s p l i t o f s h a r e s o n 0 3 . 11 . 2 0 2 5 a d j u s t e d E P S f o r q u a r t e r e n d e d 3 0 t h J u n e 2 0 2 5 i s R s ( 7 . 7 0 ) . N o t e s : : 1 T h e f i g u r e s f o r t h e q u a r t e r e n d e d M a r c h a r e t h e b a l a n c i n g f i g u r e s b e t w ee n t h e a u d i t e d f i g u r e s f o r t h e f u ll f i n a n c i a l y e a r a n d t h e p u b l i s h e d f i g u r e s u p t o t h e t h i r d q u a r t e r o f t h e f i n a n c i a l y e a r . 2 A b o v e i s a n e x t r a c t o f t h e d e t a i l e d f o r m a t o f Q u a r t e r l y a n d A nn u a l F i n a n c i a l R e s u l t s f i l e d w i t h t h e S t o c k E x c h a n g e s u n d e r R e g u l a t i o n 33 o f t h e L O D R R e g u l a t i o n s . T h e f u ll f o r m a t o f t h e Q u a r t e r l y a n d A nn u a l F i n a n c i a l R e s u l t s i s a v a i l a b l e a t t h e w e b s i t e o f t h e s t o c k e x c h a n g e s N S E a t www . n s e i n d i a . c o m , t h e B S E a t www . b s e i n d i a . c o m a n d c o m p a n y ' s w e b s i t e a t www . b e m l i n d i a . i n . B y o r d e r o f t h e B o a r d f o r B E M L L i m i t e d - D a t e : 0 7 . 0 8 . 2 0 2 6 ( S h a n t a n u P l a c e : B e n g a l u r u C h a i r m a n a n d M a n gg i f p A Y r r a g a y s o 1 x o r g w t i e / C h a i r m a n & M a n a g i n g D i r e c t o r W h a n u e f i e s / B E M L L I M I T E D aaa a h r , 2 3 / 1 , a h r y , w e a . a t B E M L S o u d h a , N o . 2 3 / 1 , 4 t h M a i n , S . R . N a g a r @ r q E / R E N G A T H P I - 5 6 0 9 2 7 ,
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G Natesan & Co. Offices: Chennai, Kumbakonam, Kochi, Tanjore, CHARTERED ACCOUNTANTS Salem, Trichy, Bengaluru, & Hyderabad www.gnatesanandco.com hognc@gnatesanandco.com 94431 28378 No 40/18, II Floor, Oliver Road, 94430 70401 Mylapore, Chennai – 600 004 LIMITED REVIEW REPORT Independent Auditors’ Limited Review Report on Unaudited Standalone Financial Results of BEML Limited for the Quarter ended June 30, 2026 pursuant to the Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors, BEML Limited, Bengaluru . 1. We have revi ewed the accompanying statement of unaudited standalone financial results (the Statement) of BEML Limited (the Company) for the quarter ended June 30, 2026 being submitted by the company pursuant to the requirements of Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 201 5 (Listing Regulations), as amended. 2. This Statement, which is the responsibility of the Company’s Management a nd approved by the Company’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 ‘I nterim Financial Reporting’ (‘Ind AS 34’), prescribed under Section 133 of the Companies Act, 2013 (‘the Act’) read with relevant rules issued thereunder and other recognized accounting principles ge nerally accepted in India and in compliance with the Regulations. Our responsibilit y 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 Engagement (SRE) 2410, “Review of Interim Financial Information Performed by the Independent Auditor of the Entity” issued by the Institute of Chartered Accountants of Ind ia. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review consists of making inq uiries, 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 significa nt matters that might be identified in an audit. Accordingly, we do not express an audit op inion. 4. Based on our review conducted as stated in para 3 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 the aforesaid India n accounting standard and other accounting principles generally accepted in India, ha s not disclosed the information required to be disclo sed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation s, 2015 including the manner in which it i s to be disclosed, or that it contains any material misstatement.
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G Natesan & Co. Offices: Chennai, Kumbakonam, Kochi, Tanjore, CHARTERED ACCOUNTANTS Salem, Trichy, Bengaluru, & Hyderabad www.gnatesanandco.com hognc@gnatesanandco.com 94431 28378 No 40/18, II Floor, Oliver Road, 94430 70401 Mylapore, Chennai – 600 004 5. Emphasis of Matter paragraph: a. We draw attention to Note 1 to the Statement, which states that, as there are p resently no Independent Directors on the Board of the Company, the Audit Committee has not been constituted. Consequently, the unaudited financial results for the quarter w ere approved by the Board of Directors without review/recommendation by a duly constituted Aud it Committee. b. We draw attention to Note No. 5 to the accompanying Statement regarding the Company's outlay of Rs. 7,467.50 lakhs in MAMC Consortium and related advance of Rs. 624.01 lakhs to MAMC Industries Ltd. The recoverability of these amounts depends on the sale/ realisation of assets acquired from Mining & Allied Machinery Corporation Ltd. (MAMC ) (under liquidation) the value and timing of which are presently not ascertainable. Based on the factors s et out in the said note, management has considered the amounts recoverable. Our conclusion is not modified in respect of the matters mentioned above. For G. Natesan & Co Chartered Accountants FRN 002424S CA K.Murali Partner M.No.024842 UDIN: 26024842JZDCIZ5030 07.08.2026, Bengaluru KRISHNASW AMI MURALI Digitally signed by KRISHNASWAMI MURALI Date: 2026.08.07 11:39:58 +05'30'
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G Natesan & Co. Offices: Chennai, Kumbakonam, Kochi, Tanjore, CHARTERED ACCOUNTANTS Salem, Trichy, Bengaluru, & Hyderabad. www.gnatesanandco.com hognc@gnatesanandco.com 94431 28378 No 40/18, II Floor, Oliver Road, 94430 70401 Mylapore, Chennai – 600 004 LIMITED REVIEW REPORT Independent Auditor’s Limited Review Report on Consolidated Unaudited Financial Results of BEML Limited for the Quarter ended June 30, 2026 pursuant to the Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. To The Board of Directors BEML Limited 1. We have reviewed the accompanying Statement of Consolidated Unaudited Financi al Results (the Statement) of BEML Limited (the Parent) and its Subsidiaries (the Parent and its subsidiaries together referred to as (the Group) for the quarter ended June 30, 2026, being submitted by the P arent pursuant to the requirement of Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 2. This Statement, which is the responsibility of the Parent’s Management and approved by the Parent’s Board of Directors, has been prepared in accordance with the recognition and measurem ent principles laid down in Indian Accounting Standard 34 “Interim Financial Reporting” (Ind AS 34), prescribed under Section 133 of the Companies Act, 2013, read with rules issued thereunder and other accounting principles generally accepted in India. 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. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the statement is free of material misstatement. A review o f interim financial information is limited to making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially lesser in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain such 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. 4. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable. 5. The Statement includes the results of the following entities: Parent: 1. BEML Ltd. Subsidiaries: 1. Vignyan Industries Ltd (under Liquidation) 2. MAMC Industries Ltd
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G Natesan & Co. Offices: Chennai, Kumbakonam, Kochi, Tanjore, CHARTERED ACCOUNTANTS Salem, Trichy, Bengaluru, & Hyderabad. www.gnatesanandco.com hognc@gnatesanandco.com 94431 28378 No 40/18, II Floor, Oliver Road, 94430 70401 Mylapore, Chennai – 600 004 6. Based on our review conducted and procedures performed as stated in paragraph 3 and based on the consideration of the review reports of the other auditors referred to in paragraph 7 below, n othing 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 the aforesaid Indian Accountin g Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 and 52 of the SEBI ( Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. Other Matters: 7. We did not review the interim financial results of the two subsidiaries included i n the unaudited consolidated financial results, whose interim financial information reflects total assets of Rs. 3,350.54 lakhs as at June 30, 2026, total revenues of Rs.43.65 lakhs for the quarter ended June 30, 2026 and a total profit of Rs.25.15 lakhs for the quarter ended June 30, 2026, as considered in the Statement. This interim financial information has been reviewed by other auditors whose re ports have been furnished to us and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries, is based solely on the reports of the other auditors and the procedures perfo rmed by us as stated in paragraph 3 above. 8. Emphasis of Matter: a. We draw attention to Note 1 to the Statement, which states that, as there are presently n o Independent Directors on the Board of the Parent , the Audit Committee has not been constituted. Consequently, the unaudited financial results for the quarter were approved b y the Board of Directors without review/recommendation by a duly constituted Audit Committee. b. We draw attention to Note No. 5 to the accompanying Statement regarding the Parent Company's outlay of Rs. 7,467.50 lakhs in MAMC Consortium and related advance of Rs. 624.01 lakhs to MAMC Industries Ltd. The recoverability of these amounts depends on the sale/real isation of assets acquired from Mining & Allied Machinery Corporation Ltd. (MAMC) (under liquidation) the value and timing of which are presently not ascertainable. Based on the factors set out in the said note, management has considered the amounts recoverable. Our conclusion is not modified in respect of the matters stated in Para 7 and 8 above For G. Natesan & Co Chartered Accountants FRN 002424S CA K.Murali Partner M.No.024842 UDIN: 26024842QGMXUM5791 07.08.2026, Bengaluru KRISHNASW AMI MURALI Digitally signed by KRISHNASWAMI MURALI Date: 2026.08.07 11:41:09 +05'30'