Interim report
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Page 1 of 1 Aether Industries Limited Registered Office: Plot No. 8203, GIDC Sachin, Surat-394230, Gujarat, India. Phone: +91-261-6603360 || Email: compliance@aether.co.in || Web: www.aether.co.in II CIN: L24100GJ2013PLC073434 October 30, 2026 Ref. No.: AIL/SE/40/2026-27 To, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai-400001, MH. Scrip Code: 543534 National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai-400051, MH. Symbol: AETHER Dear Madam / Sir, Subject: Outcome of the Board Meeting Pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, as amended, this is to inform you that the Board of Directors of the Company at their Meeting held today i.e. Friday, October 30, 2026, commenced from 11:07 Hrs. and concluded at 11:44 Hrs., inter-alia, considered and approved the following: 1. The unaudited (Standalone and Consolidated) Financial Results for the Second Quarter and Half Year ended on September 30, 2026, along with the Limited Review Report thereon, as issued by the Statutory Auditors of the Company, as annexed. 2. Other business transactions. We request you to kindly take the above information for your records. Thanking you. For Aether Industries Limited Chitrarth Rajan Parghi Company Secretary & Compliance Officer Mem. No.: F12563
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Suresh I Surana & Associates Chartered Accountants INDEPENDENT AUDITOR’S REVIEW REPORT ON THE STATEMENT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS TO THE BOARD OF DIRECTORS OF AETHER INDUSTRIES LIMITED 1. We have reviewed the accompanying Statement of Unaudited Consolidated Financial Results of Aether Industries Limited (“Holding Company”) and its subsidiary (the Holding and its subsidiary together referred to as “the Group”) for the quarter and half year ended 30" September, 2026 (‘the Statement’) being submitted by the Holding Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. This Statement, which is the responsibility of the Management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant 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. 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 (ICAl). A review of interim financial information consists of making inquiries, primarily of personnel 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 Companies Act, 2013 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 SEBI under Regulation 33(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable. The Statement includes the results of the following entities: a) Aether Industries Limited — the Holding Company b) Aether Speciality Chemicals Limited — Wholly Owned Subsidiary Based on our review conducted and procedures performed 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 the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 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. Registered office: G/2-5, 1st Floor Middle Unit, Gujarat Hira Bourse, Nr. Ichhapore, Surat —394 510, India T:(91-261) 309 2500 to 2799, E-mail: surat@ss-associates.com, W: www.ss-associates.com
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Suresh I Surana & Associates Chartered Accountants 7. We did not review the interim financial results of the subsidiary included in the unaudited consolidated financial results, whose interim financial results, without giving effects to elimination of intra-group transaction reflect total revenues of Rs. 727.06 million for the quarter ended 30 September 2026, total profit after tax of Rs. 169.06 million for the quarter ended 30 September 2026 and total comprehensive income of Rs. 169.04 million for the quarter ended 30 September 2026, as considered in the Statement. These interim financial results have been reviewed by the other auditor whose reports have been furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of the subsidiary is based solely on the report of the other auditor and the procedures performed by us as stated in paragraph 3 above. Our conclusion on the Statement is not modified in respect of the above matter with respect to our reliance on the work done by and the report of the other auditor. For Suresh | Surana & Associates Chartered Accountants Firm’'s Registration Number: 1217 ZeblNd e 9, ~/ Chartered CA"Amit Solanki Partner Membership No.: 129132 UDIN No.: 26129132TXVMKK5764 Date: 30 October 2026 Place: Surat
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AETHER INDUSTRIES LIMITED Plot No. 8203, GIDC Sachin, Surat - 394230, Gujarat, INDIA Website: www.aether.co.in, Email: compliance@aether.co.in Corporate Identification Number (CIN): L24100GJ2013PLC073434 STATEMENT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2026 (Rupees in million except asstated) Quarter Ended Walf Year Ended | Year ended SNo. Particulars 30.03.2026 30.06.2026 30.09.2025 | 30.09.2026 30.09.2025 | 31.03.2026| (Unaudited)| (Unaudited)| (Unaudited)| (Unaudited)| (Unaudited)|_(Audited) Income 1|Revenue from operations 347219 | 3,26557| 2,801.00| 673776 | 5312.37 | 11,601.41 2[Otherincome 5075 76.89 86.91| 127.64| 112.63| 209.27 3|Totalincome (142) 352294 | 3,736246| 2,88791 | 6865.40 | 5,25.00 | 11,810.68 Expenses 2) Cost of materials consumed 2669.10 | 1,846.92 | 1613.71| 4,516.02| 326537 | 6.822.37 ::E;‘:fs Ininventoriesoffinished goodsandworkin-| - (g9¢ 73| (208.63) (186.66) (1.205.38) (492.02) (813.47) ¢) Employee benefit expenses 197.71| 19075 | 141.45| 38846 | 26159 | 627.33 d)Finance cost 5311 55.82 3228| 108.08 80.28| 180.87 &) Depreciation and amortisation expenses 216.92 21418 165.25 431.10 307.27 664.15 ) Other expenses 49766 | 408.89| 352.41| 90655| 60044 | 132882 4|Total expenses 2,637.77 | 2,507.93 | 2,118.44| 514570 | 4,012.93 | 8810.07 5| Profit before exceptional items and tax (3-4) 88517 | 834.53 | 769.47 | 171970 1,412.07 | 3,000.61 6|Exceptional items s = 2679 - 53.13 89.76 7|Profit before tax (5-6) 88517 | 83453 | 74268 | 171970 | 1735894 2,910.85 | Tax expenses Current tax 19059 | 12134| 14489 | 31193| 26017 508.35 Earlier year tax (1.80) - = (1.80) = E Deferred tax 16.42 85.70 58.23 | 10212 89.00| 207.87 8| Total tax expenses 205.21 207.04 203.12 412.25 349.17 716.22 9| Profitfor the period/year (7-8) 679.96 | 627.49 | 539.56 | 1,307.45 | 1,009.77 | 2,194.63 Other comprehensive income/(expenses) Items that will not be reclassified to profit or loss 3.63 082 (@.41), 4.45 (:88) 1397 Income tax relating to items that will not be reclassified . 020) a1 ) 07 552 to profit or loss Other comprehensive income/ (expenses)for the 10l ed/vens net oftax 271 062 (3.30) 333 (2as) 1045 11 g’:};‘"’"’""’"s‘" income for the period/year 682.67| 628.11| 536.26| 1,31078 | 1,007.62 | 2,205.08 12|Profit for the period/year attributable to: -Owners of the Company 679.96 627.49 539.56 1,307.45 1,009.77 2,194.63 -Non controlling interest - - - = - - 679.96 627.49 539.56 | 1,307.45| 1,009.77 | 2,194.63 13| Other comprehensive income / (expenses) for the i period/year attributable to: Owners of the Company 271 062 (3.30) 333 (2.15) 1045 -Non controlling interest - - - - - - 271 0.62 (3.30), 333 2.15), 1045 14 Total comprehensive income for the period/year attributable to: -Owners of the Company 68267 | 628.11| 53626 1,310.78| 1,007.62| 2,205.08 -Non controlling nterest = s z . . s 682.67 | 628.11| 53626 | 1,31078| 1,007.62| 2,205.08 15| Earnings per share in Rs. (Face Value of Rs.10/-each)* -Basic 5.12 477 4.07 9.85 7.62 16.55 -Diluted 511 476 407 983 7.62 16.53 16| Paid-up equity share capital (Face value ofRs.10/- 132728 1,32713| 1,325.90| 1,327.28| 1,325.90| 1,326.80 17|Other equity 23,232.08 No. of Shares (in millions) 13273 13271| 13259 13273 13250| 132.68 *EPS are not annualised for the interim periods Onbehalf of the Board of Directors For Aether Industries Limited (2 —( 32— Ashwin Desai Managing Director DIN: 00038386 Place: Surat Date: 30 October 2026
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AETHER INDUSTRIES LIMITED Plot No. 8203, GIDC Sachin, Surat - 394230, Gujarat, INDIA Website: www.aether.co.in, Email: compliance@aether.co.in Corporate Identification Number (CIN): L24100GJ2013PLC073434 STATEMENT OF CONSOLIDATED ASSETS AND LIABILITIES AS AT SEPTEMBER 30, 2026 (Rupeesin million except asstated) Asat Asat Particul ek 30 September 2026 31 March 2026 ASSETS Non-current assets Property, plant and equipment 12,407.43 12,361.95 Capital work-in-progress 7,052.14 5,061.08 Right-ofuseassets 2,577.00 2,587.10 Intangible assets 1117 11.49. Intangible assets under development 105.29 95.78 Financial assets (i) Investments 2.10 210 (ii) Loans 6.93 851 (iil) Other financial assets 34.83 17.86) Other non-current assets 125.79 153.67 Total non-current assets 22,322.68 20,209.54 Current assets Inventories 7,191.80 5374.68 Financial assets (i) Trade receivables 3,903.56 3,900.50 (i) Cash and cash equivalents 56.97 56.63 (iif) Bank balances other than (il above - - (iv) Loans 1211 1155 (v) Other financial assets 97.62 199.88 Current tax asset (net) 159.94 32622 Other current assets 2,277.95 1,828.90 Total current assets 13,699.95 11,698.36 Total assets 36,022.63 31,997.90 EQUITY & LIABILITIES Equity Equity share capital 1,327.28 1,326.80 Other equity 24,610.46 23,232.07 Total equity 25,937.74 24,558.87 Liabilities Non-current liabil 2,070.38 - (ii) Lease liabil 147.98 142.41 (i) Other financial liabilities 850 - Deferred tax liabilities (net) 84284 739.60 Total non-current liabilities 3,069.70 882.01 Current liabilities Financial liabilities (i)Borrowings 4,515.57 4,416.62 (ii) Leaseliabilities 17.86 20.34 (iii) Trade payables a)total outstanding dues of micro enterprises and small enterprises 159.87 123.66 b)total outstanding dues of creditors other than micro enterprises and 1,989.92 1,845.72 small enterprises (iv) Other financial liabil 163.84 80.45 Other current liabilities 55.84 15.23 Provisions 68.15 55.00 Current tax liabilities (net) 4414 - Total current liabilities 7,015.19 6,557.02 Total liabilities 10,084.89 7,439.03 Total equity and I 36,022.63 31,997.90 On behalf of the Board of Directors For Aether Industries Limited Ashwin Desai Place: Surat Managing Director Date: 30 October 2026 DIN: 00038386
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AETHER INDUSTRIES LIMITED Plot No. 8203, GIDC Sachin, Surat - 394230, Gujarat, INDIA Website: www.aether.co.in, Email: compliance@aether.co.in Corporate Identification Number (CIN): L24100GJ2013PLC073434 STATEMENT OF CONSOLIDATED CASH FLOW FOR THE PERIOD ENDED SEPTEMBER 30, 2026 (Rupees in million except as stated) Forthe Forthe Forthe Particulars period ended year ended period ended 30 September2026 | 31March2026 | 30 September 2025 ‘A Cash flow from operating activities Profit before tax 1,713.70 2,910.85 1,358.94 Adjustmentsto reconcile profit before tax to net cash flows: . Net unrealised foreign exchange (gain)/loss (47.30) (112.79) 5.87 Finance cost 108.93 180.87 80.28 Interest income on deposits 0.49) (42.58) (37.17) Depreciation and amortisation expenses 43110 664.15 307.27 Provision for expected credit loss (1.98)] 828 - Inventory written off duetofire - 70.00 - Other Non-cash items 2553 53.74 313 Operating profit before working capital changes 2,235.49 3,732.52 1,71832 Movement in working capital: (Increase)/Decreasein trade receivables 46.47 (908.16) (185.10) (Increase)/Decreasein inventories (1,817.12) (1,476.02) (692.30) (Increase)/Decreasein other assets {448.40)| (301.20) (186.81) (increase)/Decrease n other financial assets 85.35 216.98 11235 Increase/(Decrease) in trade payables 180.54 691.63 49470 Increase/(Decrease) in other current liabil 2061 (40.36) 177.89 Increase/(Decrease) in other financial liabil 91.89 27.77 10188 Increase/(Decrease)in provision 17.60 2287 - Cash generated from operations 232.43 1,966.03 1,580.93 Netincome tax paid (99.71)} (542.22)) (286.69) Net cash generated from operatingactivities (A) 33272 1,423.81 1,254.24 B. Cash flows from investing activities Purchase of property, plant and equipment and intangible assets (452.60)| (3,838.74) (1,011.78) Purchase of leasehold land (.81) (913.09) - Capital workin progress includingintangibles assets under development and capital w973.34) 48133 2.17878) advances) Loan to Employees 1.02 (3.19) (2.42) Interestincome on deposits 0.49 4258 3717 Net cash used in investing activities (B) 12,429.24) (6,193.77) 3,155.81) C. Cash flows from financing activities Proceeds/ (repayment) from Term Loan (net) 2,084.67 - - Proceeds/ (repayment) from working capital facilities (net) 83.81 2,589.05 158.33 Proceeds from issue of shares towards Employee Stock Options 4250 41.09 - Interest paid (101.80) (166.02) (67.70) Payment towards leaseiability (12.77) (25.52) (12.58) Net cash generated from financing activities (C) 2,096.41 2,438.60 78.05 Netincrease / (decrease) in Cash and cash equivalents (A+B+C) (0.11) (2,331.36) (1,823.52) Effect of exchange differences on account of foreign currency Cash and cash equivalents 045 273 - Cash and cash equivalents at the beginning of the period /year 56.63 2,385.26 2,385.26 Cash and cash equivalentsat the end of the period / year 5697 56.63 56174 Cash and cash equivalents (including other bank balance) include Cash on hand 128 217 255 Balances with bank -Currentaccounts 2.06 2.95 5.42 -EEFCaccounts 53.63 51.51 19.33 - Cash Credit accounts - - 611 Other bank balances - - 52833 56.97 56.63 561.74 Notes: 1.Theabove cash flow statement has been prepared under the ‘Indirect Method"set out in Ind AS 7 - on Statement of Cash Flows as notified under Companies {Accounts) Rules, 2015. 2. Figuresin brackets represent outflows of cash and cash equivalents Place: Surat Date: 30 October 2026 On behalf of the Board of Directors For Aether Industries Limited dz— | b2— Ashwin Desai Managing Director DIN: 00038386
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AETHER INDUSTRIES LIMITED Plot No. 8203, GIDC Sachin, Surat - 394230, Gujarat, INDIA Website: www.aether.co.in, Email: compliance@aether.co.in Corporate Identification Number (CIN): L24100GJ2013PLC073434 Notesto the Consolidated Financial Results: In terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, the above consolidated financial results of Aether Industries Limited ("the holding company") and its subsidiary (the holding company and its subsidiary together referred as "the Group" or "the Company") for the quarter and half year ended 30 September 2026 ("Consolidated Financial Results") have been reviewed by the Audit Committee and thereafter approved and taken on record by the Board of Directors in their respective meetings held on 30 October 2026. - ~ These Consolidated Financials Results of the Company are prepared in accordance with Indian Accounting Standards ("referred toasInd AS")as prescribed under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules, 2015 asamended from time to time and the provisions of the Companies Act, 2013. w The Figures for the quarter ended September 30, 2026 and September 30, 2025 arethe balancing figures between unaudited figures in respect of the six months period ended September 30, 2026 and September 30, 2025 and the unaudited published figurestill June 30, 2026 and June 30, 2025 respectively, which were subject tolimited review. IS The Consolidated Financial Results of the Company for the quarter and half year ended 30 September 2026, has been subjected to limited review by the statutory auditors of the Company, who has expressed an unmodified opinion. @ The Consolidated financial results of the Company are available on the Company's website, www.aether.co.in and also on the website of the BSE Limited, www.bseindia.com and National Stock Exchange of India Limited, www.nseindia.com, where the shares ofthe Company arelisted. o The Company has single segment of manufacturing of Speciality Chemicals and Intermediates and there are no other segments. Accordingly, disclosure under Ind AS 108 on operating segmentsis not applicableto the Company. ~ During the quarter and half year ended September 30, 2026, the Companyalloted 15,269 and 48,021 equity shares of X 10/- each, consequent to the exercise of the stock options by the employees of the Company under the Employee Stock Option Scheme. o On 29 November 2023, an accidental fire occurred at the Holding Company’s Manufacturing Facility-I located at Plot No. 8203, Road No. 8, GIDC Industrial Estate, Sachin, Surat, Gujarat. The Company has assessed the damage to its property, plant and equipment (net of accumulated depreciation) amountingto Rs. 299.68 million and wrote offthe damaged property duringthe quarter ended 31 March 2026. During the quarter ended 30 June 2026, the insurance company finalized the claim and paid the balance settiement of Rs. 260.05 million. Out of this Rs. 225.05 million received for asset loss and Rs. 35.00 million for the Financial Loss/Profit (FLOP). © Afireincident occurred on 11 March 2026 at the Holding Company’s external warehouse located at Hojiwala Industrial Estate, Sachin, Surat. Pursuant to a preliminary assessment of the damage, the Company has recognized a loss of inventory amounting to Rs. 70.00 millions in the Statement of Profit and Loss for the quarter and year ended 31 March 2026. The Company has lodged an insurance claim with the Insurance company for the said loss. The assessment of the claim is currently in progress, and any recovery thereof will be recognized upon reasonable certalnty of receipt. 10 The exceptional items mentioned in the above Consolidated financial results during the quarter and half year ended 30 September 2025 and the year ended 31 March 2026 arein the nature of excess Insurance Premium and other related expenses dueto the Insurance Claim on account of fireaccident as mentioned above. 11 Previous period's / year's figures have been regrouped / reclassified wherever necessary to confirm with the current period's/ year's classification / disclosure. On behalf of the Board of Directors For Aether Industries Limited Ashwin Desai Managing Director 0038386 Place: Surat Date: 30 October 2026
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Suresh I Surana & Associates Chartered Accountants INDEPENDENT AUDITOR’S REVIEW REPORT ON THE STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS TO THE BOARD OF DIRECTORS OF AETHER INDUSTRIES LIMITED 1. We have reviewed the accompanying Statement of Unaudited Standalone Financial Results of Aether Industries Limited (“the Company”) for the quarter and half year ended 30th September 2026 (‘the Statement”) being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 2. This Statement, which is the responsibility of the Company’s Management and approved by the Company’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”), prescribed under Section 133 of the Companies Act, 2013 read with relevant 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 (ICAI). A review of interim financial information consists of making inquiries, primarily of the Company's personnel 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 Companies Act, 2013 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 stated in paragraph 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 Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 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. For Suresh | Surana & Associates Chartered Accountants Firm’s Registration Number: 121749W > CA"Amit Solanki Partner Membership No.: 129132 54 UDIN No.: 26129132CXTGVJ9388 Date: 30 October 2026 Place: Surat Registered office: G/2-5, 1st Floor Middle Unit, Gujarat Hira Bourse, Nr. ichhapore, Surat — 394 510, India T:(91-261) 309 2500 to 2799, E-mail: surat@ss-associates.com, W: www.ss-associates.com
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AETHER INDUSTRIES LIMITED Plot No. 8203, GIDC Sachin, Surat - 394230, Gujarat, INDIA Website: www.aether.co.in, Email: compliance@aether.co.in Corporate Identification Number (CIN): L24100G)2013PLC073434 STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2026 (Rupees in million except asstated) Quarter Ended HalfVear Ended | Year ended SNo. 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) Tncome 1|Revenue from operations 2,745.14 | 2,565.06| 2,297.20| 531020 4,390.54| 9,401.69 2|Otherincome 46.51 98.60 9667 | 145.11| 12849 21537 3| Total income (1+2) 2,79165 | 2,663.66| 2,393.87 | 545531 4519.03| 9,617.06 Expenses 2) Cost of materials consumed 211044 | 1,38558| 1333.52| 3496.02| 2562.53| 5340.79 :::2;’:“'" inventories of finished goodsand workdn- | 55, 1) (197.60)| (234.27)| (1,119.72)| @14.74) (789.60) c) Employee benefit expenses 195.46 18866 | 14057 | 38412 26008 | 624.15 d) Finance cost 3246 35.38 18.10 67.84 5062 | 12243 ¢) Depreciation and amortisation expenses 204.97 20169 | 152.71| 406.66| 28088 | 607.81 ) Other expenses 466.97 30103 | 34142| 85800 | 580.01| 127189 4|Total expenses 2,088.18 | 2,004.74 | 1,752.05| 4,092.92| 331936 | 7,77.47 5| Profit before exceptional items and tax (34) 703.47 658.92 | 64182 | 1,36239| 1,199.67 | 2,439.59 6| Exceptional items - 2 2679 5 53.13 89.76 7|Profit before tax (5-6) 703.47 65892 | 61503 | 1,36239 | 1,14654 | 2,349.83 Tax expenses Current tax 15007 9165 | 123.31| 25072 22484 41434 Earlier year tax 8.31 = - 831 = = Deferred tax 17.19 84.13 56.01| 10132 8454 | 199.39 8| Total tax expenses 18457 17578 | 179.32| 36035 | 30838 | 613.73 9| Profit for the period/year (7-8) 518.90 483.14 | 435.71| 1,002.08| 837.16| 1,736.0 Other comprehensive income/ (expenses) Items that will not be reclassified to profit or loss 3.66 081 (4.40) 4.47 (2.89) 13.94 Income tax relatingto items that will not be reclassified o prot or ot (0.93) (0.20) 111 (1.13) 073 (3.51) Other comprehensive income/ (expenses) for the 10| od/yesr, not aftax 273 061 (3.29) 3.34 @16) 1043 11| Total comprehensive income for the period/year 521.63 48375 | 43242 | 1,00538 | 835.00 | 1,74653 12| Earnings per share in R (Face Value of Rs.10/- each)* -Basic 391 3.64 3.29 7.55 6.31 13.09 -Diluted 3.90 3.64 3.29 7.54 6.31 13.08 13| Paid-up equity share capital (Face value of Rs.10/-each)| 1,327.28 | 1,327.13 | 1,325.90| 1,327.28| 1,325.90| 1,326.80 14| Other equity 22,766.35 No. of Shares (in millions) 13273 13271 13259 | 13273 | 13259 13268 *EPS arenot annualised for the interim periods Onbehalfofthe Board of Directors For Aether Industries Limited Ashwin Desai Place: Surat Managing Director Date: 30 October 2026 DIN: 00038386
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AETHER INDUSTRIES LIMITED Plot No. 8203, GIDC Sachin, Surat - 394230, Gujarat, INDIA Website: www.aether.co.in, Email: compliance@aether.co.in Corporate Identification Number (CIN): L24100GJ2013PLC073434 STATEMENT OF STANDALONE ASSETS AND LIABILITIES AS AT SEPTEMBER 30, 2026 (Rupeesin million except as stated) 3 Asat Asat Particulars i 30 September 2026 31March 2026 ASSETS Non-current assets Property, plant and equipment 11,569.21 11,499.44 Capital work-in-progress 6,638.23 4,742.04 Right-of-use assets 2,242.22 2,210.96 Intangibleassets 11.04 1134 Intangibleassets under development 90.01 80.99 Financial assets (i} Investments 1,002.60 1,002.58 (ii) Loans. 6.93 8.51 i) Other financial assets 30.64 13.67 Other non-current assets 63.59 148.06 Total non-current assets 21,654.47 19,717.59 Current assets Inventories 6,733.02 4,994.99 Financial assets (i) Tradereceivables 2,893.04 3,060.60 (ii) Cash and cash equivalents 56.96 56.62 (iif) Bank balances other than (i) above - - (iv) Loans 614.93 213.35 (v)Other financial assets 113.03 198.92 Current tax asset (net) 159.94 336.31 Other current assets 1,857.92 1,433.39 Total current assets 12,428.88 10,293.18 Total assets 34,083.31 30,0117 EQUITY & LIABILITIES Equity Equity share capital 1,327.28 1,326.80 Other equity 23,839.34 22,766.35 Total equity 25,166.62 24,093.15 Liabilities Non-current liabilities Financial liabilities (i)Borrowings 2,070.38 - (ii) Leaselabilities 177.89 142.41 (iff) Other financial liabi 850 - Deferred tax liabilities (net) 804.88 702.43 Total non-current liabilities 3,061.65 844.84 (i) Borrowings 3,697.31 3,400.39 (ii) Leaseliabilities 2736 2034 (iii Trade payables 3)total outstanding dues of micro enterprises and small enterprises 150.23 12366 b)total outstanding dues of creditors other than micro enterprises and 1,698.09 1,382.26 small enterprises (iv) Other financial liabilities 155.06 79.84 Other current liabilities 2169 14.07 Provisions 66.17 53.22 Current tax liabllities (net) 39.13 - Total current liabilities 5,855.04 5,073.78 Total liabilities 8,916.69 5,918.62 Total equity and liabilities 34,083.31 30,011.77 On behalfof the Board of Directors For Aether Industries Limited @y(‘ D2s— Ashwin Desa Place: Surat Managing Director Date: 30 October 2026 DIN: 00038386
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AETHER INDUSTRIES LIMITED Plot No. 8203, GIDC Sachin, Surat - 394230, Gujarat, INDIA Website: www.aether.co.in, Email: compliance@aether.co.in Corporate Identification Number (CIN): L24100G)2013PLC073434 STATEMENT OF STANDALONE CASH FLOW FOR THE PERIOD ENDED SEPTEMBER 30, 2026 (Rupees in milllon except asstated) Forthe Forthe For the Particulars period ended year ended period ended 30September2026 | 31March2026 | 30 September2025 'A.Cash flow from operating activities Profit before tax 1,362.39 2,349.83 1,146.54 Adjustments o reconcile profit before tax to net cash flows: Netunrealised foreign exchange (gain)/loss (29.23) (87.81) 587 Finance cost 67.84 122.43 50.62 Interest income on deposits (0.48), (42.57) (37.17) Depreciation and amortisation expenses 406.66 607.81 280.88 Provision for expected credit loss (0.83), 6.65 - Inventory written off duetofire - 70.00 - Interest on loan to subsidiary (17.22) (37.86) (19.35) Other Non-cash items 25.50 53.74 (14.30) ‘Operating profit before working capital changes 1,814.63 3,042.22 1,413.09 Movement in working capital: (Increase)/Decreasein trade receivables 197.92 (338.36), (43.45) (Increase)/Decreasein inventories (1,738.03) (1,200.14) (377.94) (Increase)/Decrease in other assets (423.98) (200.71) (121.84) (Increase)/Decreasein other financial assets 68.99 216.04 112.38 Increase/(Decrease) in trade payables 34248 363.14 358.30 Increase/(Decrease) in other current lizbi 7.62 (10.57) 207.22 Increase/(Decrease) in other financial | 8372 27.62 100.09 Increase/(Decrease) in provision 17.42 21.94 - Cash generated from operations 37077 192118 1,647.84 Netincome tax paid (43.53) (458.60) (258.53) Net cash generated from operating activities (A) 327.24 1,462.58 138932 8. Cash flows from investing activities Purchase of property, plant and equipment and intangible assets (451.93) (3,830.75) (1,003.78) Purchase of leasehold land (@.61) (913.09) = Capital work in progress (includingintangibles assets under development and capital P (.379.08) 212639 advances) Interest income on deposits 0.48 42,57 37.17 Unsecured Loan to Subsidary and Employee Loans 1400.00) 139.77 (370.44) Interest on loan to Subsidiary 17.22 37.86 1935 Net cash used ininvestingactivities (B) 12,660.13) (5,902.72) 13,444.09) . Cash flows from financing activities Proceeds/ (repayment) from Term Loan (net) 2,084.67 - - Proceeds/ (repayment) from working capital facilities (net) 28178 2,200.80 281.87 Proceeds from issue of shares towards Employee Stock Options 42.50 41.09 < Interest paid (59.35) (107.57) (38.04) Payment towards lease liability (16.84) (25.52) (12.58) Net cash generated from financingactivities (c) 2,332.76 2,108.80 231.25 Netincrease / (decrease)in Cash and cash equivalents (A+B+) (0.13) (2,331.34) (1,823.52) Effect of exchange differences on account of foreign currency Cash and cash equivalents 047 271 Cash and cash equivalents at the beginning of the period / year 56.62 2,385.25 2,385.25 Cashand cash equivalentsat the end of the period / year 56.96 56.62 561.73 Cash and cash equivalents (including other bank balance) include Cash on hand 127 2.16 2.54 Balances with bank -Current accounts 2.06 295 5.42 -EEFCaccounts 53.63 51.51 1933 -Cash Credit accounts - - 6.11 Other bank balances - - 528.33 5695 56.62 561.73 Notes: 1. The above cash flow statement has been prepared under the ‘Indirect Method'set out in Ind AS 7 - on Statement of Cash Flows as notified under Companies {Accounts) Rules, 2015. 2. Figures in brackets represent outflows of cash and cash equivalents Place: Surat Date:30 October 2026 On behalfof the Board of Directors For Aether Industries Limited (g —{ %=~ Ashwin Desai Managing Director DIN: 00038386
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AETHER INDUSTRIES LIMITED Plot No. 8203, GIDC Sachin, Surat - 394230, Gujarat, INDIA Website: www.aether.co.in, Email: compliance@aether.co.in Corporate Identification Number (CIN): L24100G)2013PLC073434 Notesto the Standalone Financial Results: In terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, the above standalone financial results for the quarter and half year ended 30 September 2026 ("Standalone Financial Results") of Aether Industries Limited ("the Company") have been reviewed by the Audit Committee and thereafter approved and taken on record by the Board of Directorsin their respective mestings held on 30 October 2026. - ~ ‘These standalone financials results of the Company are prepared in accordance with Indian Accounting Standards ("referred to as Ind AS") as prescribed under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules, 2015 asamended from time to timeand the provisions of the Companies Act, 2013. w The Figures for the quarter ended September 30, 2026 and September 30, 2025 are the balancing figures between unaudited figures in respect of the six months period ended September 30, 2026 and September 30, 2025 and the unaudited published figurestill June 30, 2026 and June 30, 2025 respectively, which were subject to limited review. IS The Standalone Financial Results of the Company for the quarter and halfyear ended 30 September 2026, has been subjected to limited review by thestatutory auditors of the Company, who has expressed an unmodified opinion. « The standalone financial results of the Company are available on the Company's website, www.aether.co.in and also on the website of the BSE Limited, www.bseindia.com and National Stock Exchange of India Limited, www.nseindia.com, where the shares of the Company arelisted. o The Company has single segment of manufacturing of Speciality Chemicals and Intermediates and there areno other segments. Accordingly, disclosure under Ind AS 108 on operating segmentsis not applicable to the Company. ~ During the quarter and half year ended September 30, 2026, the Company alloted 15,269 and 48,021 equity shares of X 10/- each, consequent to the exercise of the stock options by the employees of the Company under the Employee Stock Option Scheme. o 0On 29 November 2023, an accidental fire occurred at the company’s Manufacturing Facility-I located at Plot No. 8203, Road No. 8, GIDC Industrial Estate, Sachin, Surat, Gujarat. The Company has assessed the damage to its property, plant and equipment (net of accumulated depreciation) amountingto Rs. 299.68 million and wrote off the damaged property duringthe quarter ended 31 March 2026. During the quarter ended 30 June 2026, the insurance company finalized the claim and paid the balance settlement of Rs. 260.05 million. Out of this Rs. 225.05 million received for asset loss and Rs. 35.00 million for the Financial Loss/Profit (FLOP). © Afireincident occurred on 11 March 2026 at the Company's external warehouse located at Hojiwala Industrial Estate, Sachin, Surat. Pursuant to a preliminary assessment of the damage, the Company has recognized a loss of inventory amounting to Rs. 70.00 millionsin the Statement of Profit and Lass for the quarter and year ended 31 March 2026. The Company has lodged an insurance claim with the insurance company for the said loss. The assessment of the claim is currently in progress, and any recovery thereof will be recognized upon reasonable certainty of receipt. 10 Theexceptional items mentioned in the above standalone financial results during the quarter and halfyear ended 30 September 2025 and the year ended 31 March 2026 are in the nature of excess Insurance Premium and other related expenses due to the Insurance Claim on account of fire accident as mentioned above. 11 Previous period's / year's figures have been regrouped / reclassified wherever necessary to confirm with the current period's / year's classification / disclosure. On behalf of the Board of Directors. For Aether Industries Limited Ashwin Desai Managing Director DIN: 00038386 Place: Surat Date: 30 October 2026