Interim report
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CIN : L40109TG1986PLC006745 D.No. 8-2-616 , Plot No. 4 , Behind Minerva Grand Hotel , Road No. 11 , Banjara Hills , Hyderabad - 500 034 , T.S. , INDIA Phone : + 91-40-66167777 HBL HBL ENGINEERING LIMITED ( Formerly known as HBL Power Systems Limited ) The Listing Department National Stock Exchange of India Limited Exchange Plaza , Bandra Kurla Complex Bandra ( East ) Mumbai - 400 051 NSE CODE : HBLENGINE Dear sir / madam , The Department of Corporate Services BSE Limited Phiroze Jeejeebhoy Towers Dalal Street , Mumbai - 400 001 BSE STOCK CODE : 517271 August 08 , 2026 OUTCOME OF THE BOARD MEETING HELD ON AUGUST 08 , 2026 We refer to our communication dated July 30 , 2026 , and pursuant to Regulations 34 ( 2 ) , 47 ( 1 ) and 53 of SEBI ( LODR ) Regulations , 2015 , we wish to inform you that the Board of Directors at their meeting held on August 08 , 2026 , inter - alia approved the following : 1 . 2 . 3 . Approved the unaudited ( standalone and consolidated ) financial results of the Company for the quarter ended on June 30 , 2026 along with limited review report of the auditors ' thereon . Pursuant to para 4.1 of SEBI Circular No. CIR / CFD / CMD / 56 / 2016 dated May 27 , 2016 , the Report.of the Auditors is with unmodified opinion . The Standalone and consolidated audited financial results of the Company for the quarter ended on June 30 , 2026 , is appended . Fixed book closure date from Saturday , September 12 , 2026 , to Saturday , September 26 , 2026 ( both days inclusive ) . Fixed Friday , September 11 , 2026 , as record date for determination of shareholder's eligibility for e - voting and to receive dividend , if declared by the members at the ensuing annual general meeting scheduled to be held on September 26 , 2026 . The meeting commenced at 02:30 p.m. and ended at 04:15 pm . This is for your information and record . Yours faithfully For HBL Engineering Limited ( formerly HBL Power Systems Limited ) GBsvaidu GBS Naidu Company Secretary NGINE ENGI 18 RINGED HYDERABAD ㄓ Regd . Office : HBL ENGINEERING LIMITED Road No.10 , Banjara Hills , Hyderabad - 500 034 . Website : www.hbl.in
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L N R ASSOCIATES Chartered Accountants ¢ \( @ 101, ‘Seshu Villa Apartments’, Gagan Mahal, INDIA Domalguda, Hyderabad ~ 500029. Limited Review Report on unaudited standalone financial results of HBL Engineering Limited (formerly. known as HBL Power Systems Limited) for the quarter ended June 30, 2026 pursuant to Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”) To the Board of Directors of HBL Engineering Limited (formerly known as HBL Power Systems Limited) 1. We have reviewed the accompanying statement of unaudited standalone financial results (the "Statement”) of HBL Engineering Limited (formerly known as HBL Power Systems Limited) (the "Company") for the quarter ended June 30, 2026. 2. This Statement, which is the responsibility of the Company’s management and approved by its Board of Directors, has been compiled from the related standalone financial statements, which have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standards (as amended), prescribed under Section 133 of the Companies Act, 2013, read with relevant applicable rules and other accounting principles generally accepted in India. Our responsibility is to issue a report on the Statement based on our review. 3. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410, ‘Review of Interim Financial Information Performed by the Independent Auditor of the Entity’ specified under Section 143(10) of the Companies Act, 2013. Areview 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 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. 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 Indian Accounting Standards, prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued there under and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. For LN R Associates Chartered Accountants FRN 05381S N Raghuram Vedula Partner M.No. 242883 UDIN: 26242883RYEGIV9925 Place: Hyderabad Date: August 08, 2026 () We are also at Visakhapatnam Pagelof 1 2 info@Inrassociates.com
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HBL Engineering Limited (Formerly known as HBL Power Systems Limited) CIN:L40109TG1986PLC006745 8-2-601, Road No.10, Banjara Hills Hyderabad - 500 034 HBL Unaudited standalone financial results for the period ended June 30, 2026 Xin crores Quarter ending Year ended SL.No| Particulars 30-Jun-26 | 31-Mar-26 | 30-Jun-25 | 31-Mar-26 [Unaudited] | [Unaudited] | [Unaudited] | [Audited] 1 |Income from operations [a] Sales/Income from operations 619.54 597.31 587.68 | 3,251.80 [b] Other Income 20.29 12.28 19.65 58.39 Total Income 639.83 609.59 607.33 | 3,310.19 2 |Expenditure [a] Cost of Materials Consumed 357.89 290.68 331.15 | 1,365.03 [b] Purchase of Stock-in-Trade - 0.05 - [c] (Increase) / Decrease in Finished goods, work in Progress and stock-in-trade (56.42) 19.01 (77.66) (2.74) [d] Employee Benefits expense 64.38 55.99 51.82 247.81 [e] Finance Costs 5.14 2.05 6.05 13.59 [f] Depreciation and Amortisation expense 11.72 13.89 10.94 48.10 [g] Other Expenses 114.80 156.55 93.74 539.59 Total Expenses 497.51 538.17 416.09 | 2,211.38 3 |Profit/(Loss) before exceptional ltems (1-2) 142.32 71.42 191.23 | 1,098.81 4 |Exceptional items - Income / (Expenditure) 0.14 (3.07) (3.11) (30.82) 5 |Profit/(Loss) before Tax (3+4 ) 142.46 68.35 188.13 | 1,067.99 6 |Tax Expense [a] Current Tax 36.96 17.68 48.06 277.87 [b] Deferred Tax (Asset)/Liability 0.27 (6.51) 0.34 (6.67) [c] Income Tax relating to previous years (0.24) - 7 |NetProfit/(Loss) after Tax (5-6) 105.47 57.17 139.73 796.79 8 |Extraordinary Items (net of tax expense) - - - - 9 |NetProfit/(Loss) for the period (7-8) 105.47 57.17 139.73 796.79 10 |Other Comprehensive Income (Net of tax) Items that will not be reclassified to Profit or Loss - Remeasurement of Defined Benefit Plans 0.16 1.26 (0.22) 0.53 Income Tax (0.04) (0.31) 0.06 (0.13) [ii] Items that may be reclassified to profit or loss - Exchange differences in translating the financial statements of foreign operations Income Tax 11 [Total Comprehensive Income ( 9+10) 105.59 58.12 139.56 797.19 12 |Paid-up equity share capital (Face Value Re 1/- each) 27.72 27.72 27.72 27.72 13 |Reserves excluding revaluation reserves (as per Balance sheet of previous accounting year) 2,144.64 14 |[i] Earnings Per Share (before extraordinary items) (of Re 1/- each) (not annualised): [a] Basic 3.81 2.10 5.03 28.76 [b] Diluted 3.81 2.10 5.03 28.76 [ii] Earnings Per Share (after extraordinary items) (of Re 1/- each) (not annualised): [a] Basic 3.81 2.10 5.03 28.76 [b] Diluted 3.81 2.10 5.03 28.76
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The above financial results were reviewed by the Audit Committee in its meeting held on August 08, 2026 and approved by the Board of Directors at the meeting held on August 08, 2026. Above meetings were held in physical presence and also through video conference. The Consolidated Results of the group is presented separately by including the parent HBL Engineering Limited, its three (3) subsidiaries and three (3) associates as required. EPS s calculated based on total comprehensive income which is attributable to equity shareholders. Figures of the previous quarters / periods have been regrouped, wherever necessary. The results shall also be available on website of the Company : http://hbLin/investors; BSE: www.bseindia.com and NSE: www.nseindia.com By order of the Board for HBL Engineering Limited (Formerly known as HBL Power Systems Limited) AT Lo Dr.AJPrasad Chairman & Managing Director DIN : 00057275 Place: Hyderabad Date: August 08, 2026 For LNR Associates Chartered Accountants Firm Registration No. 05331S W Raghuram Vedula Partner M.No: 242883 UDIN: 262428 8RY E VIS~ Place: Hyderabad Date: August 08, 2026
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HBL Engineering Limited (Formerly known as HBL Power Systems Limited) “BL CiN:L40109TG1986PLC006745 Unaudited standalone segment-wise revenue, results and capital employed for the period ended June 30, 2026 gincrores Quarter ending Year ended Particulars 30-Jun-26 | 31-Mar-26 | 30-Jun-25 31-Mar-26 [Unaudited] | [Unaudited] | [Unaudited] [Audited] Segment Revenue Industrial Batteries 344.61 340.14 325.89 1,375.57 Defence & Aviation Batteries 37.93 69.05 73.65 211.58 Electronics 227.31 178.93 180.40 1,626.25 Unallocated 9.83 11.27 10.02 46.89 Total 619.68 599.39 589.96 3,260.29 Less: Intersegment Revenue 0.14 2.08 2.28 8.49 Sales/Income from Operations 619.54 597.31 587.68 3,251.80 Segment Results Industrial Batteries 75.93 62.33 81.35 333.26 Defence & Aviation Batteries 9.10 17.85 32.94 57.61 Electronics 70.73 25.92 89.14 818.49 Unallocated (17.82) (28.16) (6.02) (78.47) Total 137.94 77.94 197.41 1,130.89 Less: [I] Interest (5.14) (2.05) (6.05) (13.59) [ii] Exceptional Items-Income/(Expense) 0.14 (3.07) (3.11) (30.82) [iii] Other Un-allocable Expenditure net off (10.77) (16.75) (19.78) (76.88) [iv] Un-allocable Income 20.29 12.28 19.65 58.39 Total Profit Before Tax after Extraordinary items 142.46 68.35 188.13 1,067.99 Segment Assets Industrial Batteries 1,067.96 1,016.60 829.92 1,016.60 Defence & Aviation Batteries 477.79 427.74 415.00 427.74 Electronics 712.86 626.24 627.68 626.24 Unallocated 808.83 793.78 464.97 793.78 3,067.44 2,864.36 2,337.58 2,864.36 Segment Liabilities Industrial Batteries 169.62 221.64 221.79 221.64 Defence & Aviation Batteries 45.41 33.97 34.84 33.97 Electronics 458.07 306.06 366.10 306.06 Unallocated 138.02 140.40 83.69 140.40 Total 811.12 702.07 706.42 702.07 [a] The company's operations include Industrial batteries, Defence & Aviation batteries and Electronics, the segment revenue, segment results and segment assets and liabilities of other activities are individually below the threshold limit set out in paragraph 11 of Ind AS 108. Accordingly, Industrial batteries, Defence & Aviation batteries and Electronics segments are shown separately as reportable segments and others are included in unallocated segment. [b] Inter segment revenue is measured at the market price at which the products are sold to external Customers [c] Figures of the previous quarters / periods have been regrouped, wherever necessary. Place: Hyderabad Date: August 08, 2026 By order of the Board for HBL Engineering Limited (Formerly known as HBL Power Systems Limited AT Reasonck Dr.AJPrasad Chairman & Managing Director DIN : 00057275
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L N R ASSOCIATES Chartered Accountants a 101, ‘Seshu Villa Apartments’, Gagan Mahal, INDIA Domalguda, Hyderabad - 500029. Limited Review Report on unaudited consolidated financial results of HBL Engineering Limited (formerly known as HBL Power Systems Limited) for the quarter ended June 30, 2026 pursuant to Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”) To the Board of Directors of HBL Engineering Limited (formerly known as HBL Power Systems Limited) 1. We have reviewed the accompanying statement of unaudited consolidated financial results (the "Statement”) of HBL Engineering Limited (formerly known as HBL Power Systems Limited) (the "Parent") and its subsidiaries (the Parent and its subsidiaries together referred to as "the Group"), and its share of the net loss after tax and total comprehensive income (loss) of its associates for the quarter ended June 30, 2026, being submitted by the Parent pursuant to the requirements of Regulation 33 of the Listing Regulations. 2. This Statement, which is the responsibility of the Parent’s management and approved by the Parent’s Board of Directors, has been compiled from the related financial statements, which have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standards (as amended), prescribed under Section 133 of the Companies Act, 2013 read together with relevant applicable 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 ourreview in accordance with the Standard on Review Engagement (SRE) 2410, ‘Review of Interim Financial Information Performed by the Independent Auditor of the Entity’ specified under Section 143(10) of the Companies Act, 2013. 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. Areview is substantially less in scope than an audit conducted in accordance with Standards on Auditing 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 circular issued by the Securities and Exchange Board of India under Regulation 33 (8) of the Listing Regulations, as amended, to the extent applicable. 4. The Statement includes the results of the following entities: Subsidiaries 1) HBL America Inc. 2) HBL Germany GmbH 8) TTL Electric Fuel Private Limited Associates 1) Naval Systems & Technologies Private Limited 2) Tonbo Imaging India Limited 3) Xalten Systems Private Limited @) We are also at Visakhapatnam Page 1 of 2 B4 info@Inrassociates.com
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L N R ASSOCIATES Chartered Accountants @) 101, ‘Seshu Villa Apartments’, Gagan Mahal, INDIA Domalguda, Hyderabad - 500029. 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of other auditors referred to in paragraph 6 below, 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 Indian Accounting Standards, prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued there under and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 6. The consolidated unaudited financial results also include the Group's share of net loss after tax of % 1.77 crores and total comprehensive income (loss) of ¥ 1.75 crores for the quarter ended June 30, 2026, as considered in the Statement, in respect of three associates, whose interim financial information has not been reviewed by us. This interim financial information has been reviewed by other auditors whose report has been furnished to us by the Parent’s management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of this associate, is based solely on the report of the other auditors and the procedures performed by us as stated in paragraph 3 above. Our conclusion is not modified in respect of this matter. For L N R Associates Chartered Accountants FRN 05381?“."’)/-) g ( 2,.4 Raghuram Vedula Place: Hyderabad Partner Date: August 08, 2026 M.No. 242883 UDIN: 26242883PMCEEJ6761 @) We are also at Visakhapatnam Page 2 of 2 4 info@Inrassociates.com
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HBL Engineering Limited (Formerly known as HBL Power Systems Limited) CIN:L40109TG1986PLC006745 8-2-601, Road No.10, Banjara Hills Hyderabad - 500 034 HBL Unaudited consolidated financial results for the period ended June 30, 2026 Xincrores Quarter endin; Year ended SL.No| Particulars 30-Jun-26 | 31-Mar-26 | 30-Jun-25 | 31-Mar-26 [Unaudited]| [Unaudited] | [Unaudited]| [Audited] 1 (Income from operations [a] Sales / Income from operations 638.03 604.12 601.77 | 3,302.83 [b] Other Income 20.56 13.03 19.64 58.99 Total Income 658.59 617.15 621.41| 3,361.82 2 |Expenditure [a] Cost of Materials Consumed 359.63 297.25 334.30 | 1,382.81 [b] Purchase of Stock-in-Trade - - 0.05 - [c] (Increase) / Decrease in Finished goods, work in Progress and stock-in-trade (50.68) 13.24 (74.39), (1.10) [d] Employee Benefits expense 67.42 59.86 54.03 258.17 [e] Finance Costs 541 229 6.35 14.69 [f] Depreciation and Amortisation expense 12.43 14.64 11.54 50.63 (g] Other Expenses 114.92 159.10 95.91 549.96 Total Expenses 509.13 546.38 427.79 | 2,255.16 3 |Profit/(Loss) before exceptional Items (1-2) 149.46 70.77 193.62 | 1,106.66 4 |Exceptional items - Income / (Expenditure) (0.01) (3.32) (3.11), (31.25) 5 [Profit/(Loss) before Tax (3+4 ) 149.45 67.45 190.51 [ 1,075.41 6 |TaxExpense [a] Current Tax 38.38 19.41 48.06 279.60 [b] Deferred Tax (Asset)/Liability 0.40 (7.14)] 0.61 (6.63) [c] Income Tax relating to previous years (0.24), - - - 7 |Net Profit/(Loss) after Tax (5-6) 110.91 55.18 141.84 802.43 8 |Extraordinary Items (net of tax expense) - - - - 9 [Net Profit/(Loss) for the period (7-8) 110.91 55.18 141.84 802.43 10 |Share of Profit/ (loss) of associates (1.77) 8.55 1.51 12.01 11 |Net Profit/(Loss) for the period (9+10-11) 109.14 63.73 143.35 814.44 12 |Other Comprehensive Income (Net of tax) [i] Items that will not be reclassified to Profit or Loss - Remeasurement of Defined Benefit Plans 0.16 1.26 (0.22)] 0.53 Income Tax (0.04) (0.31); 0.06 (0.13) Share of associates (net of tax) 0.01 (0.01)] - (0.03) [ii] Items that may be reclassified to profit or loss - Exchange differences in translating the financial statements of foreign operations 0.14 (0.63); 0.02 (0.86) Income Tax (0.04) 0.15 (0.01) 0.21 Share of associates (net of tax) 0.02 0.03 - 0.03 13 |Total Comprehensive Income ( 12+13) 109.39 64.23 143.20 814.19 Profit/{Loss) for the year attributable to: Shareholders of the Company 109.08 63.75 143.27 814.88 Non-controlling interest 0.06 (0.02) 0.08 (0.44), 109.14 63.73 143.35 814.44 Other comprehensive income for the period attributable to: Shareholders of the Company 0.25 0.49 (0.15) (0.24) Non-controlling interest - - - (0.01); 0.25 0.49 (0.15)] (0.25)| Total comprehensive income for the period attributable to: Shareholders of the Company 109.33 64.25 143.12 814.64 Non-controlling interest 0.06 (0.02), 0.08 (0.45) 109.39 64.23 143.20 814.19
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Quarter ending Year ended SL.No| Particulars 30-Jun-26 | 31-Mar-26 | 30-Jun-25 | 31-Mar-26 [Unaudited] | [Unaudited] | [Unaudited]| [Audited] 14 |Paid-up equity share capital (Face Value Re 1/- each) 27.72 27.72 27.72 27.72 15 |Reserves excluding revaluation reserves (as per Balance sheet of previous accounting year) 2,186.52 16 [[i] Earnings Per Share (before extraordinary items) (of Re 1/- each) (not annualised): [a] Basic 3.95 2.32 5.17 29.37 [b] Diluted 3.95 232 5.17 29.37 [ii] Earnings Per Share (after extraordinary items) (of Re 1/- each) (not annualised): [a] Basic 3.95 2.32 5.17 29.37 [b] Diluted 3.95 2.32 5.17 29.37 1 The above Consolidated financial results were reviewed by the Audit Committee in its meeting held on August 08, 2026 and approved by the Board of Directors at the meeting held on August 08, 2026. Above meetings were held in physical presence and also through video conference. 2 EPSis calculated based on total comprehensive income which is attributable to equity shareholders. 3 The consolidated financial statements of HBL includes the financials of TTL Electric Fuel Private Limited which is a subsidiary with 60% shareholding in addition to the wholly owned subsidiaries viz. HBL America, HBL Germany. The Investments in Companies namely Naval Systems and Technologies Private Limited, Tonbo Imaging India Limited and Xalten Systems Private Limited (Xalten*) have been considered as Investments in "Associates" and financial results have been accounted under equity method of accounting. *During the reporting period HBL made an investment of Rs. 6.37 Crs in Xalten towards Equity Shares and Compulsorily Convertible Preference Shares (CCPS), resulting in 9.84% shareholding on a fully diluted basis. Xalten is classified as an Associate Company due to significant influence arising out of reserved matters and Board reoresentation. 4 The subsidiaries viz. SCIL Infracon Private Limited (SCIL), HBL Tonbo Private Limited (HTPL) and Torquedrive Technologies Private Limited (TTL) have not been considered for consolidation as SCIL has been declared as dormant Company since 2019; HTPL made an application under Section 248 (2) of the Companies Act, 2013 was made during FY 22-23 for striking off the name of the Company and is under process with Ministry of Corporate Affairs; and TTL applied for striking off the name under Companies Compliance Facilitation Scheme 2026 (CCFS- 2026) and the application is under process. There are no operations in those Companies. 5 HBL and Cochin Shipyard Limited incorporated a Joint Venture Company namely “Green Maritime Propulsion Private Limited” on June 11, 2026 with HBL being the 60% shareholder. However, as the subscription has not been made during reporting period, the same is not considered for consolidation. 6 Figures of the previous quarters / periods have been regrouped, wherever necessary. P The results shall also be available on website of the Company : http://hbl.in/investors; BSE: www.bseindia.com and NSE: www.nseindia.com By order of the Board For LNR Associates for HBL Engineering Limited Chartered Accountants (Formerly known as HBL Power Systems Limited) Firm Registration No. 05381S Dr.AJPrasad Chairman & Managing Director Raghuram Vedula DIN : 00057275 Partner M.No : 242883 UDIN: 26242883 PMCEET¢ 4 | Place: Hyderabad Place: Hyderabad Date: August 08, 2026 Date: August 08, 2026
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HBL Engineering Limited (Formerly known as HBL Power Systems Limited) HBL CIN:L40109TG1986PLC006745 Unaudited consolidated segment-wise revenue, results and capital employed For the period ended June 30, 2026 Xincrores Quarter ending Particulars 30-Jun-26 | 31-Mar-26 | 30-Jun-25 | 31-Mar-26 [Unaudited] | [Unaudited] | [Unaudited]| [Audited] 'Segment Revenue Industrial Batteries 361.94 344.62 337.38 | 1,416.22 Defence & Aviation Batteries 37.93 69.05 73.65 211.58 Electronics 227.31 178.93 180.40 | 1,626.25 Unallocated 10.99 13.60 12.63 57.27 Total 638.17 606.20 604.05 | 3,311.32 Less: Intersegment Revenue 0.14 2.08 2.28 8.49 Sales/Income from Operations 638.03 604.12 601.77 | 3,302.83 Segment Results Industrial Batteries 8271 60.82 83.54 341.16 Defence & Aviation Batteries 9.10 17.85 32.94 57.61 Electronics 70.73 25.92 89.14 818.49 Unaltocated (17.46) (27.81) (5.51) (78.03). Total 145.08 76.78 200.11 | 1,139.24 Less: [i] Interest (5.41) (2.29) (6.35) (14.69) [ii] Exceptional Items-Income/(Expense) (0.01) (3.32) (3.11) (31.25) [iii] Other Un-allocable Expenditure net off (10.77) (16.75) (19.78) (76.88) [iv] Un-allocable Income 20.56 13.03 19.64 58.99 Total Profit Before Tax after Extraordinary 149.45 67.45 190.51 | 1,075.41 Segment Assets Industrial Batteries 1,084.41 1,029.48 836.31 | 1,029.48 Defence & Aviation Batteries 477.79 427.74 416.00 427.74 Electronics 712.86 626.24 627.68 626.24 Unallocated 858.91 846.34 505.56 846.34 3,133.97 2,929.80 2,384.56 | 2,929.80 Segment Liabilities Industrial Batteries 176.55 231.00 229.76 231.00 Defence & Aviation Batteries 45.41 33.97 34.84 33.97 Electronics 458.07 306.06 366.10 306.06 Unallocated 152.49 154.78 95.73 154.78 Total 832.52 725.81 726.43 725.81 [a] The group's operations include Industrial batteries, Defence & Aviation batteries and Electronics, the segment revenue, segment results and segment assets and liabilities of other activities are individually below the threshold limit set out in paragraph 11 of Ind AS 108. Accordingly, Industrial batteries, Defence & Aviation batteries and Electronics segments are shown separately as reportable segments and others are included in unallocated segment. [b] Inter segment revenue is measured at the market price at which the products are sold to external [c] Figures of the previous quarters / periods have been regrouped, wherever necessary. By order of the Board For HBL Engineering Limited (Formerly known as HBL Power Systems Limited) AT Roond Dr.AJPrasad Place: Hyderabad Chairman & Managing Director Date: August 08, 2026 DIN : 00057275
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CIN: L40109TG1986PLC006745 . ’ ® D.No. 8-2-616, Plot No. 4, Behind Minerva Gfand Hotel, Road No. 11, Banjara Hills, HBL ENGINEERING LIMITED - 500 034, T.S., INDIA ML ;‘Kgfif l?’:915’40.551'577577 (Formerly known as HBL Power Systems Limited) Date: August 08, 2026 The Listing Department The Department of Corporate Services National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra Kurla Complex Phiroze Jeejeebhoy Towers, Bandra (East), Mumbai — 400 051 Dalal Street, Mumbai — 400 001 NSE CODE: HBLENGINE BSE STOCK CODE: 517271 Dear Sir Sub: Disclosure in terms of Regulation 32(1) of SEBI (LODR) Regulations, 2015 - Statement indicating utilization of issue proceeds and/or material deviation or variation for the quarter ended June 30, 2026 The Company confirms that there has been no deviation or variation in the use of proceeds of funds raised through Shares for purposes other than those mentioned in the offer documents, during the quarter ended June 30, 2026. The Company has not raised any funds through Shares during the reporting quarter. In this connection, we enclose herewith statements indicating utilization of issue proceeds/material deviation or variation (Nil status for the reporting quarter) in the prescribed format. This confirmation is submitted in accordance with the Regulation 32(1) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMDI/ 162/2019 dated December 24, 2019 and Circular No. SEBI/HO/ DDHS/DDHS_Div1/P/CiR/2022/0000000103 dated July 29, 2022. The above-mentioned statements have been reviewed and noted by the Audit Committee at its meeting held on August 08, 2026. The above intimation may please be taken on record. Thanking you Yours truly For HBL Engineering Limited (formerly HBL Power Systems Limited) G B S Naidu Company Secretary Regd. Office : HBL ENGINEERING LIMITED Road No.10, Banjara Hills, Hyderabad - 500 034. Website : www.hbl.in
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