Interim report
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B SINCE 1961 Serving the Cotton Ginning Industry Since 1961 ( Subject to Nagpur Jurisdiction ) BAJAJ STEEL INDUSTRIES LIMITED C - 108 , MIDC INDUSTRIAL AREA , HINGNA , NAGPUR - 440016 ( MS ) INDIA Fax : + 91-7104-237067 Tel . + 91-7104 238101-20 , Email : bsi@bajajngp.com Website : www.bajajngp.com CIN No.L27100MH1961PLC011936 In collaboration with : CONTINENTAL EAGLE CORPORATION SINCE 1832 August 10 , 2026 To , BSE Limited The Corporate Relationship Department 1st Floor , New Trading Ring , Rotunda Building , P.J. Towers , Dalal Street , Mumbai- 400 001 Scrip Code : 507944 Ref : Regulation 30 and 33 ( 3 ) of SEBI ( Listing Obligation and Disclosure Requirements ) Regulations , 2015 . Subject : Outcome of the Board Meeting With reference to above subject , the Stock Exchange is being informed that the Board of Directors of Bajaj Steel Industries Limited , Nagpur , at the Board Meeting held today i.e. August 10 , 2026 , have inter - alia considered and approved the Unaudited Standalone & Consolidated Financial Results of the Company for the quarter ended June 30 , 2026 , along with Limited Review Report thereon , and The Meeting was commenced at 04:30 P.M . ( IST ) and concluded at 05:15 P.M . ( IST ) A copy of the said financial results along with the limited review report is enclosed herewith . For Bajaj Steel Industries Limited Rachit Jain Company Secretary Encl : As above + BAJAJ STEE STEEL IND STRIES LIMITED B NAGPUR * Pioneers in Cotton Ginning , Pressing Delinting , Decorticating Machinery | Steel Structures for Buildings Electrical Panels | Dust Control Equipments Humidification | ' Innovative ' Engineering Solutions Provider for seed cotton and cotton seed all around the Globe ' Technical Collaboratore.CIRCOT ICAR Govt of India Continental Eagle Corporation USA
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B. Chhawchharia & CO-j 202, SHANTINIKETAN, K-13/A, Laxmi Nagar Chartered Accountants Nagpur- 440 022 Tel. No- 0712 2246786 E-mail : sanjay@bcco.co.in Independent Auditor’s Review Report on the Quarterly Un-Audited Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended To, The Board of Directors Bajaj Steel Industries Limited Nagpur, We have reviewed the accompanying statement of unaudited standalone financial results of M/s BAJAJ STEEL INDUSTRIES LIMITED (* The Company™) for the quarter ended on 30" June, 2026 attached herewith, being submitted by the company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, as amended. The 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 Indian Accounting Standard 34, Interim Financial Reporting ('Ind AS 34"). prescribed under Section 133 of the Companies Act, 2013 ('the Act'), 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 in accordance with the standard on Review Engagement (SRE) 2410, Engagements to 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 financial statements are free of material misstatement. A review is limited primarily to inquiries of Company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable accounting standards (Ind As) under section 133 of the Companies Act, 2013, read with relevant rules issued there under and other recognised accounting practices and policies 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 including the manner in which it is to be disclosed, or that it contains any material misstatement. Place: Nagpur For B.Chhawchharia & Co. Date: 10" August, 2026 Chartered Accountants Firm Registration No. 305123E (g»«»’-a A EorreA Sanjay Agarwal Partner Membership No-066580 UDIN: 26066580LSWADU3324 KOLKATA | NEWDELHI | NAGPUR
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BAJAJ STEEL INDUSTRIES LIMITED Registered Office : Plot No. C-108, MIDC Industrial Area, Hingna, Nagpur - 440016 (MH) India. Tel. : #91-07104-238101, Fax : 07104-237067; E-mail : cs_legal@bajajngp.com; Website : www.bajajngp.com, CIN : L27100MH1961PLCO11936 Rs In lacs, except Eaming Per Share data) Statoment of_Standalone Unaudited Financial Results for the Quarter ended June 30, 2026 Quarter Ended Year Ended SNo Particulars 30/06/2026 | 31/03/2026 | 30/06/2025 | 31/0312026 (Unaudited) (Audited) |(Unaudited) (Audited) 1 [income a) Revenue from operations 10.761.77 1135168 | 9,295.37 47,488.48 b) Other Income 12554 503.08 12227 1,115.66 Total Income 10,877.31 T1,854.66 | 9.417.64 48604 14 2 |Expenses 1 a) Cost of material consumed 6,606.19 6,764.38 5,145.36 25,499.60 b) Changes in inventaries of finished goods & work-in-| (171.03) (44232) (900.94) (2,368.43) progress ) Employee benefit expenses 1,917.02 193352| 104284 8027.70 d) Finance Cost 148.91 109.62 128,68 507.05 &) Depreciation and amortisation expenses 48451 615.05 361.25 1.703.30 ) Other Expenses 2,263.54 260031] 2,075.00 11,438.67 Total Exponses 1,240.44 71,680.55 | 8,752.20 44,787.89 3 |Profit /(Loss) before Exceptional ltems and Tax @71.83) 274.10 66544 3816.25 4_|Exceptional items - B - - 5 |Profit (+) / Loss () before Tax (371.83)] 27410 66544 3816.25 6 [Tax Expense- Current Tax - (13.49) 16748 78.00 Deferred Tax - 180.66 - 180.66 7 [Net Profit (+) / Loss () after Tax (@71.89) 106.94 49796 275769 8 [Other Comprehensive Income / (loss) [OCI] -~ ~Other Comprehensive Income / (Loss)- Net of tax B 5521 B 5927 9__|Total Comprehensive Income/(Loss)-Afte Tax (571.83) 166.15 49796 2,616.80 10 |Share of Profit(Loss) of associates - -1 - 11_[Minority interest - =] = 5 12 [Net profiv{Loss) after taxes, minority interest and share 37183, 766,15 45766 281680 of profit(Loss) of associates 13 |Pad up Equiy Share Captal [Face value of Rs. 55 1,040.00 71,0400 1,040.00 7040.00 each] i Resslrves excluding Revaluation Reserves as per B - B 3823801 Balance Sheet of Previous Accounting year. 5 [) Eaming Per Share in Rupees [face value of RS 6/ each] (not annualised) Basic & diluted 179 080 239 1354 NOTES ON ACCOUNTS :- 1 [The above financial resuils are published in accordance with regulation 33 of the SEBI (Listing Obiigation & Disclosure Requirements) Regulations, 2015, have been reviewed by the Audit committee and approved by the Board of Directors and limited review by the statutory Auditors at their meetings held on August 10, 2026. The financial results are in accordance with the Indian Accounting Standards (Ind AS) as prescribed under section 133 of the Companies Act, 2013, read with rule 3 of the Companies (Indian Accounting Standard) Rules, 2015 and Companies (Indian Accounting Standards) (Amendment Rules), 2016, 2 [The Company has identified Multipie Engineering Products ‘as its only reportable segment. 3 [Certain year end provisions such as Deferred Tax, Provision of Actuarial valuation of Employees benefits eic. has not been considered above. 4 [The figures for the corresponding previous period have been restated/regrouped wherever necessary to make them comparable. Place Nagpur Date August 10, 2026 FOR BAJAJ STEEL INDUSTRIES LIMITED Rapayor ROHIT BAJAJ CHAIRMAN & MANAGING DIRECTOR
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202, SHANTINIKETAN, K-13/A, Laxmi Nagar Nagpur- 440 022 Tel. No- 0712 2246786 E-mail : sanjay@bcco.co.in Chartered Accountants B. Chhawchharia & Co. / Independent Auditor’s Review Report on the Quarterly Un-Audited Consolidated Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. To, The Board of Directors Bajaj Steel Industries Limited Nagpur, We have reviewed the accompanying statement of unaudited consolidated financial results of M/s BAJAJ STEEL INDUSTRIES LIMITED (“The Holding Company) and its Subsidiaries (the Holding company and its Subsidiaries together referred to as “the Group™) for the quarter ended on 30™ June, 2026, attached herewith, being submitted by the company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, as amended. The 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 Indian Accounting Standard 34, Interim Financial Reporting ('Ind AS 34'). prescribed under Section 133 of the Companies Act, 2013 (‘the Act'), 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 in accordance with the standard on Review Engagement (SRE) 2410, Engagements to 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 financial statements are free of material misstatement. A review is limited primarily to inquiries of Company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. The statement includes the results of the followings Subsidiaries: a) Bajaj Coneagle LLC, USA b) Bajaj Steel Industries (U) Ltd., Uganda c) Bajaj Services Ltda d) Bajaj Continental Ltda; Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable accounting standards (Ind As) under section 133 of the Companies Act, 2013, read with relevant rules issued there under and other recognized accounting practices and policies 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 including the manner in which it is to be disclosed, or that it contains any material misstatement. KOLKATA | NEWDELHI | NAGPUR
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We did not review the interim financial results of the above subsidiaries. These interim financial results have been reviewed by the management and our conclusion on the statement, in so far as it relates to the amount and disclosures in respect of these subsidiaries is based solely on the statement as provided to us by the management. Our conclusion on the statements is not modified in respect of the above matter. Place: Nagpur For B.Chhawchharia & Co. Date: 10" August, 2026 Chartered Accountants Firm Registration No. 305123E S35 A Sanjay Agarwal Partner Membership No-066580 UDIN: 26066580PKOOPG7629
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BAJAJ STEEL INDUSTRIES LIMITED Registered Office : Plot No. C-108, MIDC Industrial Area, Hingna, Nagpur - 440016 (MH) India. Tel. : +91-07104-238101, Fax : 07104-237067; E-mail : cs_legal@bajajngp.com; Website : www.bajajngp.com, CIN : L27100MH1961PLCO11936 (Rs In lacs, except Eaming Per Share data) Statement of Consolidated Unaudited Financial Results for the Quarter ended June 30, 2026 Quarter ended Year Ended SNo Particulars 30/06/2026 | 31/03/2026 30/06/2025 | 31/03/2026 (Unaudited) (Audited) | (Unaudited) | (Audited) T [income ) Revenue from operations 12,035.27 1,675.86 | 10.753.05 52.416.32 b) Other Income 144.62 556,58 139.98 1,235.34 Total Income 2.179.69 12.234.45 | 10.893.00 53,653.67 2 [Expenses ) Cost of material consumed 7,005.54 662546 5993.89 28.151.22 b) Changes in inventories of finished goods & workein- (171.09) (442.32) (900.84) (2:388.43) progress ) Employee benefit expenses 2,077.94 2057.56| 2036.75 8,504.09 d) Finance Cost 148.91 100.63 128.68 507.06 ) Depreciation and amortisation expenses 496.66 629.70 373.08 1,754.23 ) Other Expenses 2444.26 2673.60| 2,268.74 12,125.20 Total Expenses 12,082.29 T1,85363 ] 9.900.20 48.653.37 3__|Profit (Loss) before_Exceptional liems and Tax 87.60 360.82 692.63 5.000.30 4_[Exceptional ftems 5 g z P 5 __|Profit (+) / Loss () befors Tax §7.60 360,82 552.63 5,000.30 6 _[Tax Expense- Current Tax T14.47 (33.87) 252.01 1.126.96 Deferred Tax - 162.84 - 18284 7__|NetProfit (+) / Loss (-) after Tax @6.67) 23185 739.92 3,680.50 8 _[Other Comprehensive income / (1655) [OCT = Gther Comprehensive Income / (Loss)-Net of fax. 5 59.21 59.21 9 _[Tofal Comprehensive Income/(Loss)-After Tax @6.87) 291.05 739.62 3.749.70 10_|Share of Profit{Loss) of associates - - - - 11_|Minority interest - : - - 12 [Net profit/(Loss) after taxes,minority interest and share (26.87) 291.05 739.92 3.749.70 of profit/(Loss) of associates 13 [Paid up Equity Share Capital [Face valus of Re. 57| 7,040.00 7.040.00] 1.040.00 7.040.00 each)) 14 |Reserves excluding Revaluation Reserves a5 per - E B 41.3657.04 Balance Sheet of Previous Accounting year including equity. % |)Earr):mg Per Share in Rupees [face value of Rs 5 each] (not annualised) Basic & diluted 013 1.40 3.56 18.08 NOTES ON ACCOUNT: 1 |The above financial resuits are published in accordance with reguiation 33 of the SEBI (Listing Obligation & Disciosure Requirements) Regulations, 2015, have been reviewed by the Audit committee and approved by the Board of Directors and imited review by the statutory Auditors at their meelings held on August 10, 2026, The financial results are in accordance with the Indian Accounting Standards (ind AS) as prescribed under section 133 of the Companies Act, 2013, read with rule 3 of the Companies (Indian Accounting Standard) Rules, 2015 and Companies (Indian Accounting Standards) (Amendment Rules), 2016. 2 [The Company has identified ‘Multiple Engineering Progucts 'as its only reportable segment. 3 |Certain year end provisions such as Deferred Tax, Provision of Actuarial valuation of Employses benafits eic. has not been considered above. 4 [The figures for the corresponding previous period have been restalediregrouped wherever necessary o make Them comparable Nagpur FOR BAJAJ STEEL INDUSTRIES LIMITED August 10, 2026 Rar a2 _Qf(’fr\ i A ROHIT BAJAJ CHAIRMAN & MANAGING DIRECTOR