Interim report
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September 4, 2026 To, National Stock Exchange of India Limited (“NSE”) Listing Department Exchange Plaza, C -1 Block G, Bandra Kurla Complex Bandra [E], Mumbai – 400051 NSE Scrip Symbol: DHOOTTRANS ISIN: INE01NH01023 To, BSE Limited (“BSE”) Listing Department Corporate Relationship Department Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400 001 BSE Scrip Code: 544867 ISIN: INE01NH01023 Sub: Outcome of the Board meeting – September 4, 2026 Ref: Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) and SEBI Master Circular No. HO/49/14/14(7)2025 -CFDPOD2/I/3762/2026 dated January 30, 2026 Dear Sir / Madam, Pursuant to the provisions of Regulation 30 and 33 and other applicable provisions of the Regulations, the Board of Directors of the Company at its meeting held today, i.e. September 4, 2026, has inter alia, approved the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended June 30, 2026. In this regard, please find enclosed the following Unaudited Financial Results (Standalone and Consolidated) for the quarter ended 30th June, 2026; and Limited Review Reports by the Statutory Auditors. Further, we are arranging to publish the above-mentioned financial results in newspapers as per Regulation 47 of the Listing Regulations. The abo ve informatio n is also b eing upload ed o n t he websit e o f t he Comp any at www.dhoottransmission.com. The meeting of the Board of Directors commenced at 1:27 p.m. and concluded at 2:35 p.m. We request you to kindly take the same on record. For Dhoot Transmission Limited Amey Jogas Company Secretary and Compliance Officer Membership No.: A39922
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Price Waterhouse Chartered Accountants LLP Price Waterhouse Chartered Accountants LLP, 7th Floor, Tower A - Wing 1, Business Bay, Airport Road, Yerwada Pune - 411 006 T: +91 (20) 69050570 Registered office and Head office: 11-A, Vishnu Digamber Marg, Sucheta Bhawan, New Delhi - 110002 Price Waterhouse (a Partnership Firm) converted into Price Waterhouse Chartered Accountants LLP (a Limited Liability Partnershi p with LLP identity no: LLPIN AAC-5001) with effect from July 25, 2014. Post its conversion to Price Waterhouse Chartered Accountants LLP, its ICAI registrat ion number is 012754N/N500016 (ICAI registration number before conversion was 012754N) Review Report To The Board of Directors Dhoot Transmission Limited (Formerly known as Dhoot Transmission Private Limited) Gut No. 312, Nanekarwadi, Chakan, Taluka Khed, Pune – 410501 1. We have reviewed the consolidated unaudited financial results of Dhoot Transmission Limited (Formerly known as Dhoot Transmission Private Limited) (the “Holding Company”) and its subsidiaries (the Holding Company and its subsidiaries hereinafter referred to as the “Group”), (refer to paragraph 4 of the report) for the quarter ended June 30, 2026 which are included in the accompanying ‘Statement of unaudited consolidated financial results for the quarter ended June 30, 2026’ (the “Statement”). The Statement is 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 (the “Listing Regulations, 2015”), which has been digitally signed by us for identification purposes. Attention is drawn to the fact that the consolidated financial results for the corresponding quarters ended March 31, 2026 and June 30, 2025, as reported in the Statement have been approved by the Holding Company’s Board of Directors but have not been subjected to review. 2. This Statement, which is the responsibility of the Holding Company’s Management and has been approved by the Holding 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”, prescribed under Section 133 of the Companies Act, 2013, 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 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. 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.
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Price Waterhouse Chartered Accountants LLP 4. The Statement includes the results of the following entities: Sr. No. Name of Entity Relationship 1 Dhoot Transmission (UK) Limited (Refer Note 1 below) Subsidiary 2 DT Wiring Systems (Thailand) Co. Limited Subsidiary 3 Dhoot Transmission Korea Limited Subsidiary 4 Dhoot Transmission Vietnam Company Limited Subsidiary 5 Dhoot Transmission GmbH Subsidiary 6 Dhoot Holdings Private Limited Subsidiary 7 Dhoot Switch Solutions Private Limited Subsidiary 8 Dhoot Automotive Systems Private Limited Step Down Subsidiary 9 Dhoot Autocomponents Private Limited Step Down Subsidiary 10 Dhoot Electricals Systems Private Limited Step Down Subsidiary 11 Dhoot Electrical Solutions Private Limited (Formerly known as Dhoot Wirings Systems Private Limited) Step Down Subsidiary 12 Dankosys Technologies Private Limited Step Down Subsidiary 13 TFC Cables Assemblies Limited (Refer Note 1 below) Step Down Subsidiary 14 TFC Cables Assemblies s.r.o. (Refer Note 1 below) Step Down Subsidiary 15 Parkinson Harness Technology Limited (Refer Note 1 below) Step Down Subsidiary Note 1: Dhoot Transmission (UK) Limited and its three subsidiaries, TFC Cables Assemblies Limited, TFC Cables Assemblies s.r.o and Parkinson Harness Technology Limited together referred as “Dhoot Transmission UK Group” 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review report of the other auditors referred to in paragraph 6 below, nothing has come to our attention that causes us to believe that the accompanying Statement has not been prepared in all material respects in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India and has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement.
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Price Waterhouse Chartered Accountants LLP 6. The consolidated unaudited financial results of Dhoot Transmission UK Group reflect total revenues of Rs. 1,023.83 million, total net profit after tax of Rs. 3.76 million and total comprehensive income of Rs. 3.76 million, for the quarter ended June 30, 2026, as considered in the consolidated unaudited financial results. These financial results have been reviewed by other auditors in accordance with ISRE 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity” and their report, vide which they have issued an unmodified conclusion, has been furnished to us by other auditors and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of Dhoot Transmission UK Group, is based on the reports of the other auditors 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. 7. The consolidated unaudited financial results include the financial results of six subsidiaries which have not been reviewed by their auditors, whose financial results reflect total revenues of Rs. 180.74 million, total net profit after tax of Rs. 5.37 million and total comprehensive income of Rs. 5.37 million for the quarter ended June 30, 2026, as considered in the consolidated unaudited financial results. According to the information and explanations given to us by the Management, these interim financial results are not material to the Group. Our conclusion on the Statement is not modified in respect of the above matter. For Price Waterhouse Chartered Accountants LLP Firm Registration Number: 012754N/N500016 Amit Borkar Partner Membership Number: 109846 UDIN: 26109846HETZYW5099 Place: Pune Date: September 04, 2026 AMIT ARUN BORKAR Digitally signed by AMIT ARUN BORKAR Date: 2026.09.04 14:49:47 +05'30'
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Dhoot Transmission Limited (formerly known as Dhoot Transmission Private Limited) Registered Office : Gut No 312, Nanekarwadi, Chakan, Pune - 410 501, Maharashtra, India Tel: +91-24 3166 2600 CIN: U31300PN1998PLC131629 Website: www.dhoottransmission.com Statement of consolidated unaudited financial results for the quarter ended June 30, 2026 (Amount in INR Millions, except earnings per share) Year ended June 30, 2026 March 31, 2026 June 30, 2025 March 31, 2026 (Unaudited) (Refer note 2) (Refer note 2) (Audited) Income 1 Revenue from operations 14,464.15 12,772.81 9,663.28 45,249.55 2 Other income 136.55 71.79 75.64 387.45 3 Total Income (1+2) 14,600.70 12,844.60 9,738.92 45,637.00 4 Expenses Cost of materials consumed 9,933.16 8,658.23 6,364.88 30,689.82 Changes in inventories of finished goods and work-in-progress (66.69) 79.42 (263.39) (760.12) Employee benefits expense 1,140.21 984.02 897.15 3,734.02 Finance costs 154.94 225.93 234.83 912.44 Depreciation and amortization expense 396.43 350.48 265.11 1,225.44 Impairment loss on financial assets - 3.31 10.75 24.81 Other expenses 1,273.16 1,258.44 960.37 4,451.13 Total expenses 12,831.21 11,559.83 8,469.70 40,277.54 5 1,769.49 1,284.77 1,269.22 5,359.46 6 Exceptional items (Refer note 5) 30.00 38.72 29.59 202.59 7 Profit before tax (5-6) 1,739.49 1,246.05 1,239.63 5,156.87 8 Tax expense: (a) Current tax 281.92 412.21 256.23 1,303.89 (b) Adjustments/(credits) related to previous years - (net) - (23.43) - (14.47) (c) Deferred tax (credit)/charge 130.87 (96.54) 20.90 (100.97) Total Tax Expense 412.79 292.24 277.13 1,188.45 9 Profit for the period / year (7-8) 1,326.70 953.81 962.50 3,968.42 10 - Remeasurements of post-employment benefit obligations (7.41) 18.62 (1.58) 13.06 - Income tax effect on above 1.13 (3.97) 0.27 (2.80) b) Items that may be reclassified to profit or loss - Exchange differences on translation of foreign operations (8.55) 61.24 102.68 218.01 Total Other Comprehensive Income (14.83) 75.89 101.37 228.27 11 1,311.87 1,029.70 1,063.87 4,196.69 Profit for the period/ year attributable to: (a) Owners of Holding Company 1,326.55 952.43 962.78 3,966.54 (b) Non-controlling interests 0.15 1.38 (0.28) 1.88 Other comprehensive income for the period/ year attributable to: (a) Owners of Holding Company (14.83) 75.83 101.37 228.20 (b) Non-controlling interests - 0.06 - 0.07 Total comprehensive income for the period/ year attributable to: (a) Owners of Holding Company 1,311.72 1,028.26 1,064.15 4,194.74 (b) Non-controlling interests 0.15 1.44 (0.28) 1.95 Paid up equity share capital (Face value of INR 2 each) 376.94 376.91 193.62 376.91 Other equity 23,966.51 Basic and Diluted earning per share (INR) (Refer note 7) 7.04 5.72 5.97 24.40 Total Comprehensive Income for the period / year (9+10) Earnings per share (not annualised, except for the year ended March 31, 2026) Quarter ended Profit before exceptional items and tax (3-4) a) Items that will not be reclassified to profit or loss Particulars Other Comprehensive Income (net of tax)
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Notes to the consolidated financial results : 1 This Statement of consolidated unaudited financial results for the quarter ended June 30, 2026 has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard (referred to as "Ind AS") 34 - Interim Financial Reporting prescribed under Section 133 of the Companies Act, 2013 and other accounting principles generally accepted in India, read with the relevant rules issued thereunder, as amended from time to time and in terms of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations. 2015 as amended ("Listing Regulations 2015" ). The Statement of consolidated unaudited financial results include the results of Dhoot Transmission Limited (the 'Company' or 'Holding Company' or 'Parent') and its subsidiaries (the Holding Company and its subsidiaries, hereinafter referred to as the 'Group'). These results have been reviewed by the Audit Committee and approved by the Board of Directors of the Holding Company at their meetings held on September 04, 2026. 2 On August 17, 2026, the equity shares of the Holding Company were listed on National Stock Exchange of India Limited (NSE) and BSE Limited (BSE). Accordingly, these are the first quarterly results after the listing of the shares. The figures for the quarter ended June 30, 2026 have been subjected to limited review by the statutory auditors. The figures for the quarter ended March 31, 2026 are the balancing figures between audited figures in respect of the full financial year up to March 31, 2026 and the unaudited year-to-date figures up to December 31, 2025 being the date of the end of the third quarter of the financial year. The figures for quarters ended June 30, 2025 and March 31, 2026 have not been subjected to limited review by the statutory auditors and the management has exercised necessary diligence in preparing the financial results of the se periods. 3 The Group has identified only one reportable operating segment as it deals mainly in "Automotive wiring harness & ancillary components business". The Group's activities fall within a single primary operating segment and accordingly, no segment information is required to be disclosed. 4 a. Dhoot Automotive Systems Private Limited, a subsidiary of the Company, entered into a Business Transfer Agreement dated April 06, 2026 along with the Letter Agreement dated June 06, 2026 with M/s. Multilink purs uant to which all assets and liabil ities in relation to the business of manufacturing auto-electrical and electronic parts (including switches, relays, chargers, sensors and other electronic products) for the two-wh eeler and three-wheeler automotive industry have been transferred by the Seller on a going concern basis through a slump sale for a cash purchase consideration of INR 4,211.55 million. In accordance with Ind AS 103, the Group has recognized goodwill on a provisional basis, pending the finalization of the Purchase Price Allocation (PPA). The PPA will be finalised within the measurement period, as provided by Ind AS 103 "Business Combination". The results for the quarter ended June 30, 2026 include the operations of M/s . Multilink effective from June 10, 2026. Ther efore, the results are not comparable with the previous period/year. b. During the year ended March 31, 2026, pursuant to the Share Subscription and Purchase Agreement ("BC Asia SSPA") entered into between the Holding Company, Mr. Rahul R. Dhoot and BC Asia Investments XV Limited ("BC Asia XV"), BC Asia XV acquired 55% equity interest in the Holding Company. As part of the same arrangement, the Holding Company acquired 85% stake in Dhoot Holdings Private Limited ("DHPL"), resulting in DHPL becoming its wholly owned subsidiary. Subsequently, upon completion of the Initial Public Offering ("IPO") of the Holding Company and its listing of equity shares, BC Asia XV's shareholding has reduced to 42.84%. 5 The Group has recognised exceptional items comprising: (i) For the year ended March 31, 2026, based on its assessment of the investment in Evon SA, the group has recognized a loss of INR 43.27 million in the carrying amount of its investment. Evon SA has filed for liquidation, and accordingly, management has determined the recoverable value of the investment to be Nil. (ii) The Group has incurred expenses towards advisory and consulting services, including business strategy/restructuring, financial and operati onal guidance provided by Bain Capital Advisors (India) Private Limited. Given the non-recurring and strategic nature of these expenses, the amount has been classified as an Exceptional Item. (iii) The Government of India, on November 21, 2025, notified the four Labour Codes - Code on Wages, 2019; Industrial Relations Code, 2020; Code on Social Security, 2020; and Occupational Safety, Health and Working Conditions Code, 2020 - subsuming 29 existing labour laws. Consequent to the notification, the Group had assessed the impact and recorded a net expense as per above table. As this impact was material, regulatory-driven, and non-recurring, the same is presented under “Exceptional Items” in the financial results. The Group continues to monitor the Central / State Rules and clarifications from the Government on other aspects of the Labour Codes and would provide appropriate accounting effect on the basis of such developments as needed. 6 Subsequent to the period ended June 30, 2026, the Holding Company has completed its IPO of equity shares of face value of INR 2 each at an issue price of INR 871 per share (including a share premium of INR 869 per share). A discount of INR 80 per share was offered to eligible employees bidding in the employee reservation portion of 75,853 equity shares. The issue comprised of a fresh issue of 16,080,445 equity shares aggregating to INR 14,000 millio n and offer for sale of 19,137,602 equity sha res by sellin g shareholders aggregating to INR 16 ,668.85 million. Pursuant to the IPO, the equity shares of the Holding Company were listed on NSE and BSE on August 17, 2026. Further, the Holding Company will provide an update of the utilisation of the IPO proceeds towards the objects of the offer effective next reporting period based on the actual utiliz ation of the funds. 7 Pursuant to the Board resolution dated December 23, 2025 and the shareholders’ resolution dated December 24, 2025, the Holding Company sub- divided its equity shares from a face value of INR 100 per share to INR 2 per share. Subsequently, pursuant to the resolutions approved by the Board of Directors on March 11, 2026 and the shareholders on March 13, 2026, the Holding Company issued bonus equity shares in the ratio of 2:3, being two fully paid-up equity shares of INR 2 each for every three fully paid-up equity shares of INR 2 each held by the shareholder s. The weighted average number of shares for the quarter ended June 30, 2025 has been adjusted to reflect the impact of the above on the earnings per share as per Ind AS 33. 8 The aforesaid results are available on Holding Company's website (www.dhoottransmission.com) and also on website of NSE (www.nseindia.com) and BSE (www.bseindia.com), where the shares of the Holding Company are listed. For Dhoot Transmission Limited Place : Chhatrapati Sambhajinagar Rahul R. Dhoot Date : September 4, 2026 Managing Director DIN: 00273337 (Amount in INR Millions) Year ended June 30, 2026 March 31, 2026 June 30, 2025 March 31, 2026 Net loss on fair value changes on financial assets (Investments) measured at FVTPL (Refer note i below) - - - 43.27 Advisory and consultancy services (Refer note ii below) 30.00 30.00 29.59 119.59 Statutory impact of New Labour Codes (Refer note iii below) - 8.72 - 39.73 Total exceptional items 30.00 38.72 29.59 202.59 Particulars Quarter ended RAHUL RADHAVALLABH DHOOT Digitally signed by RAHUL RADHAVALLABH DHOOT Date: 2026.09.04 14:40:38 +05'30'
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Price Waterhouse Chartered Accountants LLP Price Waterhouse Chartered Accountants LLP, 7th Floor, Tower A - Wing 1, Business Bay, Airport Road, Yerwada Pune - 411 006 T: +91 (20) 69050570 Registered office and Head office: 11-A, Vishnu Digamber Marg, Sucheta Bhawan, New Delhi - 110002 Price Waterhouse (a Partnership Firm) converted into Price Waterhouse Chartered Accountants LLP (a Limited Liability Partnershi p with LLP identity no: LLPIN AAC-5001) with effect from July 25, 2014. Post its conversion to Price Waterhouse Chartered Accountants LLP, its ICAI registrat ion number is 012754N/N500016 (ICAI registration number before conversion was 012754N) Review Report To The Board of Directors Dhoot Transmission Limited (Formerly known as Dhoot Transmission Private Limited) Gut No. 312, Nanekarwadi, Chakan, Taluka Khed, Pune – 410501 1. We have reviewed the standalone unaudited financial results of Dhoot Transmission Limited (Formerly known as Dhoot Transmission Private Limited) (the “Company”) for the quarter ended June 30, 2026, which are included in the accompanying ‘Statement of unaudited standalone financial results for the quarter ended June 30, 2026’ (the “Statement”). The Statement has been prepared by the Company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing Regulations, 2015”), which has been digitally signed by us for identification purposes. Attention is drawn to the fact that the standalone financial results for the corresponding quarters ended March 31, 2026 and June 30, 2025 as reported in the Statement have been approved by the Company’s Board of Directors, but have not been subjected to review. 2. This Statement, which is the responsibility of the Company’s Management and approved by the 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, 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 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.
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Price Waterhouse Chartered Accountants LLP 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the Statement has not been prepared in all material respects in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India and has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement. For Price Waterhouse Chartered Accountants LLP Firm Registration Number: 012754N/N500016 Amit Borkar Partner Membership Number: 109846 UDIN: 26109846YWBXGI9245 Place: Pune Date: September 04, 2026 AMIT ARUN BORKAR Digitally signed by AMIT ARUN BORKAR Date: 2026.09.04 14:52:37 +05'30'
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Dhoot Transmission Limited (formerly known as Dhoot Transmission Private Limited) Registered Office : Gut No 312, Nanekarwadi, Chakan, Pune - 410 501, Maharashtra, India Tel: +91-24 3166 2600 CIN: U31300PN1998PLC131629 Website: www.dhoottransmission.com Statement of standalone unaudited financial results for the quarter ended June 30, 2026 (Amount in INR Millions, except earnings per share) Year ended June 30, 2026 March 31, 2026 June 30, 2025 March 31, 2026 (Unaudited) (Refer note 2) (Refer note 2) (Audited) Income 1 Revenue from operations 10,774.29 9,879.73 7,379.94 34,860.70 2 Other income 51.56 51.43 44.30 210.49 3 Total Income (1+2) 10,825.85 9,931.16 7,424.24 35,071.19 4 Expenses Cost of materials consumed 8,347.72 7,592.70 5,752.43 27,219.96 Changes in inventories of finished goods and work-in-progress 48.47 147.53 (266.73) (439.60) Employee benefits expense 577.00 484.29 451.76 1,844.58 Finance costs 88.78 163.38 157.03 639.47 Depreciation and amortization expense 209.67 199.45 149.22 683.87 Impairment loss on financial assets - - 10.75 21.50 Other expenses 762.65 723.69 604.81 2,713.18 Total expenses 10,034.29 9,311.04 6,859.27 32,682.96 5 791.56 620.12 564.97 2,388.23 6 Exceptional items (Refer note 5) 20.00 26.53 19.59 111.20 7 Profit before tax (5-6) 771.56 593.59 545.38 2,277.03 8 Tax expense: (a) Current tax 144.38 219.70 121.49 639.28 (b) Deferred tax (credit)/charge 54.81 (80.37) 16.90 (72.02) \ Total Tax Expense 199.19 139.33 138.39 567.26 9 Profit for the period / year (7-8) 572.37 454.26 406.99 1,709.77 10 - Remeasurements of post-employment benefit obligations 1.84 7.38 (0.43) 7.34 - Income tax effect on above (0.46) (1.86) 0.11 (1.85) 1.38 5.52 (0.32) 5.49 11 573.75 459.78 406.67 1,715.26 376.94 376.91 193.62 376.91 Other equity 27,767.68 Basic and Diluted earning per share (INR) (Refer note 8) 3.04 2.73 2.52 10.52 Earnings per share (not annualised, except for the year ended March 31, 2026) Total Comprehensive Income for the period / year (9+10) Particulars Quarter ended Profit before exceptional items and tax (3-4) Paid up equity share capital (Face value of INR 2 each) Other Comprehensive Income (net of tax) Total Other Comprehensive Income for the period / year
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Notes to the standalone financial results: 1 This Statement of standalone unaudited financial results for the quarter ended June 30, 2026 has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard (referred to as "Ind AS") 34 - Interim Financial Reporting prescribed under Section 133 of the Companies Act, 2013 and other accounting principles generally accepted in India, read with the relevant rules issued thereunder, a s amended from time to time and in terms of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended ("Listing Regulations 2015" ). These results have been reviewed by the Audit Committee and approved by the Board of Directors at their meetings held on September 04, 2026. 2 On August 17, 2026, the equity shares of the Company were listed on National Stock Exchange of India Limited (NSE) and BSE Limited (BSE). Accordingly, these are the first quarterly results after the listing of the shares. The figures for the quarter ended June 30, 2026 have been subjected to limited review by the statutory auditors. The figures for the quarter ended March 31, 2026 are the balancing figures between audited figures in respec t of the full financial year up to March 31, 2026 and the unaudited year-to-date figures up to December 31, 2025 being the date of the end of the third quarter of the financial year. The figures for quarters ended June 30, 2025 and March 31, 2026 have not been subjected to limited review by the statutory auditors and the management has exercised necessary diligence in preparing the financial results of these periods. 3 The Company has identified only one reportable operating segment as it deals mainly in "Automotive wiring harness & ancillary components business". The Company's activities fall within a single primary operating segment and accordingly, no segment information is required to be disclosed. 4 a. During the quarter ended June 30, 2026, the Company has made investment of INR 4,991.14 million in fully paid up equity shares in its wholly owned subsidiary company namely "Dhoot Automotive Systems Private Limited" to enter into a Business Transfer Agreement with M/s. Multilink for the acquisition of its undertaking. b. During the quarter ended June 30, 2026, the Company has made investment of INR 28.21 million in equity shares in its wholly owned subsidiary company namely "Dhoot Transmission GMBH" for general corporate purposes. 5 The Company has recognised exceptional items comprising: (i) The Company has incurred expenses towards advisory and consulting services, including business strategy/restructuring, financial and operat ional guidance provided by Bain Capital Advisors (India) Private Limited. Of this amount, certain portion has been recovered from subsidiaries of the Company. The resulting net expense, being non-recurring and strategic in nature, has been classified as an Exceptional Item. (ii) The Government of India, on November 21, 2025, notified the four Labour Codes - Code on Wages, 2019; Industrial Relations Code, 2020; Code on Social Security, 2020; and Occupational Safety, Health and Working Conditions Code, 2020 - subsuming 29 existing labour laws. Consequent to the notification, the Company had assessed the impact and recorded a net expense as per the above table. As this impact was material, regulatory- driven, and non-recurring, the same is presented under “Exceptional Items” in the financial results. The Company continues to monitor the Central / State Rules and clarifications from the Government on other aspects of the Labour Codes and would provide appropriate accounting effect on the basis of such developments as needed. 6 During the year ended March 31, 2026, pursuant to the Share Subscr iption and Purchase Agreement ( "BC Asia SSPA") enter ed into between the Company, Mr. Rahul R. Dhoot and BC Asia Investments XV Limited ("BC Asia XV"), BC Asia XV acquired 55% equity interest in the Company. As part of the same arrangement, the Company acquired 85% stake in Dhoot Holdings Private Limited ("DHPL"), resulting in DHPL becoming its wholly owned subsidiary. Subsequently, upon completion of the Initial Public Offering ("IPO") of the Company and its listing of equity shares, BC Asia XV's shareholding has reduced to 42.84%. 7 Subsequent to the period ended June 30, 2026, the Company has completed its IPO of equity shares of face value of INR 2 each at an issue price of INR 871 per share (including a share premium of INR 869 per share). A discount of INR 80 per share was offered to eligible employees bidding in the employee reservation portion of 75,853 equity shares. The issue comprised of a fresh issue of 16,080,445 equity shares aggregating to INR 14,000 million and offer for sale of 19,137,602 equity shares by selling shareholders aggregating to INR 16,668.85 million. Pursuant to the IPO, the equity shares of the Company were listed on NSE and BSE on August 17, 2026. Further, the Company will provide an update of the utilisation of the IPO proceeds towards the objects of the offer effective next reporting period based on the actual utilization of the funds. 8 Pursuant to the Board resolution dated December 23, 2025 and the shareholders’ resolution dated December 24, 2025, the Company sub-divided its equity shares from a face value of INR 100 per share to INR 2 per share. Subsequently, pursuant to the resolutions approved by the Board of Directors on March 11, 2026 and the shareholders on March 13, 2026, the Company issued bonus equity shares in the ratio of 2:3, being two fully paid-up equity shares of INR 2 each for every three fully paid-up equity shares of INR 2 each held by the shareholders. The weighted average number of shares for the quarter ended June 30, 2025 has been adjusted to reflect the impact of the above on the earnings per share as per Ind AS 33. 9 The aforesaid results are available on Company's website (www.dhoottransmission.com) and also on website of NSE (www.nseindia.com) and BSE (www.bseindia.com), where the shares of the Company are listed. For Dhoot Transmission Limited Rahul R. Dhoot Place : Chhatrapati Sambhajinagar Managing Director Date : September 4, 2026 DIN: 00273337 (Amount in INR Millions) Year ended June 30, 2026 March 31, 2026 June 30, 2025 March 31, 2026 Advisory and consultancy services (refer note i below) 20.00 20.00 19.59 79.59 Statutory impact of New Labour Codes (refer note ii below) - 6.53 - 31.61 Total exceptional items 20.00 26.53 19.59 111.20 Quarter endedParticulars RAHUL RADHAVALLABH DHOOT Digitally signed by RAHUL RADHAVALLABH DHOOT Date: 2026.09.04 14:41:12 +05'30'