Interim report
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Registered Office / Urse Plant Finolex Industries Limited Gat No. 399 , Village Urse , Tal . - Maval , Dist . Pune 410 506 , Maharashtra , India CIN L40108PN1981PLC024153 Tel +91 2114 237251/237253 Toll Free 1800 200 3466 Fax +91 2114 237252 Email Web investors@finclexind.com finolexpipes.com FINOLEX PIPES & FITTINGS August 6 , 2026 To , The Manager - Listing Department National Stock Exchange of India Limited 5 , Exchange Plaza Bandra - Kurla Complex Bandra ( East ) , Mumbai 400051 Symbol : FINPIPE Sub : Ref : To , The Manager - Listing Department BSE Limited Floor 25 , P.J.Towers , Dalal Street , Mumbai 400 001 Scrip Code : 500940 Outcome of the Board Meeting held on Thursday , August 6 , 2026 Regulation 30 & 33 of the SEBI ( Listing Obligations and Disclosure Requirements ) Regulations , 2015 ( " SEBI Listing Regulations " ) Dear Sir / Madam , In terms of the subject referred regulations , the Board of Directors of the Company at its meeting held on Thursday , August 6 , 2026 , inter - alia , has approved and taken on record the following : 1 . 2 . The Unaudited ( Standalone & Consolidated ) Financial Results of the Company for the Quarter ended June 30 , 2026 , along with the Limited Review Report issued by M / s . Walker Chandiok & Co LLP , Chartered Accountants , Statutory Auditors of the Company , pursuant to Regulation 33 of SEBI Listing Regulations ; The notice convening the 45th Annual General Meeting ( AGM ) of the members of the Company , scheduled on Tuesday , September 22 , 2026 , through Video Conferencing ( VC ) / Other Audio Visual Means ( OAVM ) . ( Details regarding the dispatch of the AGM notice , the Annual Report for the financial year 2025-26 and record date for the final dividend would be informed appropriately in due course . ) In compliance with Regulation 46 of the SEBI Listing Regulations , the information is also being uploaded on the website of the Company at https://www.finolexpipes.com/ The aforesaid Board Meeting commenced at 6:00 p.m. ( IST ) and concluded at 8:05 p.m. ( IST ) You are requested to take the above on your records . Thanking you , For Finolex Industries Limited Dakshinamurthy Iyer Company Secretary & Head Legal M. No. A13004 Encl . As above Corporate Office Finolex Industries Limited S. No. 134 , Hissa No. 1/38 , IndiQube ' The Kode'- 11th Floor , SYSTEM Baner Pashan Link Road , Pune - 411045 , Maharashtra , India Tel +91 20 27408200 CERTIFICA Fax Email Web +91 20 27489000 care@finolexpipes.com finolexpipes.com ISO 9001 : 2015 150 14001 : 2015 150 45001 : 2018 Ratnagiri Plant SYSTEM RTIFICATION ISO 9001 : 2015 Pipes Division
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Independent Auditor’s Review Report on Standalone Unaudited Quarterly Finan cial Results of the Company pursuant to the Regulation 33 of the SEBI (Listing Obli gations and Disclosure Requirements) Regulations, 2015 (as amended) To the Board of Directors of Finolex Industries Limited 1. We have reviewed the accompanying statement of standalone un audited financial results (‘the Statement’) of Finolex Industries Limited (‘the Company’) for the quarter ended 30 June 2026, being submitted by the Company pursuant to the requirements of Regulation 33 of the SE BI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (‘Listing Regulations’). 2. The Statement, which is the r esponsibility of the Company’s management and approved by the Company’s Board of Directors, has been prepared in accordance with the re cognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Report ing (‘Ind AS 34’), prescribed under section 133 of the Companies Act, 2013 (‘the Act’), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requireme nts of Regulation 33 of the Listing Regulations. 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. A review of in terim 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 the Standards on Auditing specified under section 143(10) of the Act, and consequently, does not enable us to obtain assurance that we would become aware of all 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 and the consideration of the review report of the auditor of Finolex Industries Employees’ Welfare Trust (the ‘Welfare Trust’) as re ferred to in paragraph 5 below, nothing has come to our attention that causes us to believe that the accomp anying Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS 34, prescribed under section 133 of the Act, and other accounting principles generally accepted in Indi a, has not disclosed the information required to be disclosed in accordance with the requirements of Regulati on 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement.
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Independent Auditor’s Review Report on Standalone Unaudited Quarterly Finan cial Results of Finolex Industries Limited pursuant to the Regulation 33 of the SEBI (L isting Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (Cont’d) Chartered Accountants 5. We did not review the interim financial information of the W elfare Trust included in the Statement, where such interim financial information reflects total revenues of ₹ Nil, total net profit after tax of ₹ 5.55 crores, and total comprehensive income of ₹ 5.55 crores for the quarter end ed on 30 June 2026, as considered in the statement. Such interim financial information has been reviewed by the other auditor, whose report has been furnished to us by the management, and our conclusion, in so far as it relates to the amounts and disclosures included in respect of the Welfare Trust, is based solely on th e review report of such other auditor of the Welfare Trust. Our conclusion on the Statement is not modified in respect of t he above matter with res pect to our reliance on the work done by and the report of the other auditor. For Walker Chandiok & Co LLP Chartered Accountants Firm Registration No: 001076N/N500013 Rajni Mundra Partner Membership No.: 058644 UDIN: 26058644YBISKD8824 Place: Mumbai Date: 6 August 2026 Rajni Mundra Digitally signed by Rajni Mundra Date: 2026.08.06 19:33:10 +05'30'
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UDIPT AGARWAL Digitally signed by UDIPT AGARWAL Date: 2026.08.06 19:13:08 +05'30'
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Independent Auditor’s Review Report on Consolidated Unaudited Quarterly Financial Results of the Company pursuant to the Regulation 33 of the SEBI (Listing Obli gations and Disclosure Requirements) Regulations, 2015 (as amended) To the Board of Directors of Finolex Industries Limited 1. We have reviewed the accompanying statement of unaudited con solidated financial results (‘the Statement’) of Finolex Industries Limited (‘the Holding Company’) and its associates (refer Annexure 1 for the list of associates included in the Statement) for the quarter ended 30 June 2026 being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (‘Listing Regulations’). 2. This Statement, which is the r esponsibility of the Holding C ompany’s management and 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 (‘Ind AS 34’), prescribed under section 133 of the Companies Act, 201 3 (‘the Act’), and other accounting principles generally accepted in India and is in compliance wit h the presentation and disclosure requirements of Regulation 33 of the Listing Regulations. Our r esponsibility 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 b y the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India. 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 su bstantially less in scope than an audit conducted in accordance with the Standards on Auditing specifie d under section 143(10) of the Act, and consequently, does not enable us to obtain assurance that w e 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 Listing Regulations, to the extent applicable.
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Independent Auditor’s Review Report on Consolidated Unaudited Q uarterly Financial Results of Finolex Industries Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (Cont’d) Chartered Accountants 4. Based on our review conducted and procedures performed as st ated in paragraph 3 above and upon consideration of the review reports of the other auditors refer red to in paragraph 5 below nothing has come to our attention that causes us to believe that the accomp anying Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS 34, prescribed under section 133 of the Act, and other accounting principles general ly accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. The Statement includes the Holding Company’s share of net pr ofit after tax of ₹0.18 crore and total comprehensive income of ₹0.22 crore, for the quarter ended on 3 0 June 2026, as considered in the Statement, in respect of two associates, whose interim financial results have not been reviewed by us. These interim financial results have been reviewed by other aud itors whose review reports have been furnished to us by the management, and our conclusion in so far as it relates to the amounts and disclosures included in respect of these associates is based solely on the review reports of such other auditors and the procedures performed by us as stated in paragraph 3 above. Our conclusion is not modified in respect of this matter with r espect to our reliance on the work done by and the reports of the other auditors. For Walker Chandiok & Co LLP Chartered Accountants Firm Registration No: 001076N/N500013 Rajni Mundra Partner Membership No. 058644 UDIN: 26058644BLKOPN4942 Place: Mumbai Date: 6 August 2026 Rajni Mundra Digitally signed by Rajni Mundra Date: 2026.08.06 19:33:48 +05'30'
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Annexure 1 to the Independent Auditor’s Review Report on Consol idated Unaudited Quarterly Financial Results of Finolex Indus tries Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) Chartered Accountants Annexure 1 List of entities included in the Statement Associates: 1) Finolex Plasson Industries Private Limited; and 2) Pawas Port Limited (This space has been intentionally left blank)
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UDIPT AGARWAL Digitally signed by UDIPT AGARWAL Date: 2026.08.06 19:13:44 +05'30'