Interim report
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Regd. Office: ‘SAURABH’, Chittora Road, Diggi-Malpura Road Tehsil: Phagi, JAIPUR- 303 904, Raj. (INDIA) Phone: +91-9928070682 Email: companysecretary@gravitaindia.com GRAVITA INDIA LTD. Corp. Office: Gravita Tower, A-27 B, Shanti Path, Tilak Nagar, JAIPUR- 302004, Rajasthan (INDIA) Phone: +91-141-4057700/800 Web: www.gravitaindia.com CIN: - L29308RJ1992PLC006870 27th October, 2026 GIL/2026-27/105 To, The BSE Ltd. Phiroze Jeejeebhoy Towers Dalal Street Mumbai-400 001 Fax No.: 022-22721919 Scrip Code: 533282 The Listing Department The National Stock Exchange of India Ltd. Exchange Plaza, C-1, Block-G, Bandra-Kurla Complex, Bandra(E) Mumbai-400 051 Fax No.: 022-2659 8120 Company Code: GRAVITA Dear Sir/Madam, Sub: Outcome of the Board Meeting held on 27th October, 2026 With reference to the captioned subject and as per requirement of Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please be informed that the Board of Directors of the Company at their meeting held on Tuesday, 27th October, 2026 transacted the following matters along with other matters: 1. Considered and approved the Un-Audited Financial Results (Standalone and Consolidated) of the Company for the Quarter and Half -Year ended 30 th September, 2026 along with the Limited Review Report on the said results from the Statutory Auditors of the Company of even date; 2. Considered and Declared the Interim Dividend of Rs. 7.70/- (385%) per equity share of Rs. 2/- each for the financial year 2026 -27. Also, in terms of Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board has fixed Tuesday, 03rd November, 2026, as the “Record Date” for the purpose of ascertaining the eligibility of shareholders for the payment of Interim Dividend and the payment of interim dividend shall be done by 25th November, 2026; The meeting of the Board of Directors commenced at 01:00 P.M. and concluded at 04:00 P.M. You are requested to take the above information on your record and oblige. Yours Faithfully, For Gravita India Limited Nitin Gupta (Company Secretary) FCS: 9984
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Walker Chandiok & Co LLP Walker Chandiok & Co LLP Unit 502, 5th Floor, Horizon Tower, Jewel of India Jawahar Lal Nehru Marg (Opp Jaipur Stock Exchange) Jaipur - 302017 T. +91 141 350 5806 Independent Auditor’s Review Report on Unaudited Standalone Quarterly Financial Results and Year to Date Financial Results of the Gravita India Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) To the Board of Directors of Gravita India Limited 1. We have reviewed the accompanying statement of unaudited standalone financial results (‘the Statement’) of Gravita India Limited (‘the Company’) for the quarter ended 30 September 2026 and the year to date results for the period 01 April 2026 to 30 September 2026, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (‘Listing Regulations’). 2. 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’), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements 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 interim financial information consists of making inquiries, primarily of persons responsible for financsial 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 reports of the other auditor of the partnership firm referred to in paragraph 5 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS 34, prescribed under section 133 of the Act, and other accounting principles generally 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. Chartered Accountants Walker Cha ok & Co 1 Pis registored it i vt identiication Offices in Bengakry, Chandigarh, Chennai, Dehradun, Gurigram, Hyderabad. Koohi, Kolkata, Mumbai, New Delhi, Neid and Pun, p Cirelo, Nove Dl
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Walker Chandiok & Co LLP Independent Auditor’s Review Report on Unaudited Standalone Quarterly Financial Results and Year to Date Financial Results of the Gravita India Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (Cont’d) 5. The Statement includes Company’s share in the net profit (including other comprehensive income) of Rs. 0.15 crores and Rs. 0.65 crores for the quarter and six-month period ended on 30 September 2026 in respect of one partnership firm, whose interim financial information have not been reviewed by us. This interim financial information has been reviewed by another auditor, whose review 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 this partnership firm is based solely on the review report of such other auditor. Our conclusion on the Statement is not modified with respect to our reliance on the work done by and the report of the other auditor. The Statement also includes the interim financial information of one partnership firm and one Limited Liability Partnership, which have not been reviewed and whose interim financial information reflects total net profit (including other comprehensive income) of Rs. 0.00* crores and Rs. 0.30 crores, for the quarter and six month ended on 30 September 2026 respectively, as considered in the Statement and have been furnished to us by the Company’s management. Our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of such partnership firm and LLP, is based solely on such unreviewed financial information. According to the information and explanations given to us by the management, these interim financial information are not material to the Company. Our conclusion on the Statement is not modified with respect to our reliance on the aforesaid interim financial information certified by the Board of Directors. For Walker Chandiok & Co LLP Chartered Accountants Firm Registration No: 001076N/N500013 S Sunil Shal Partner Membership No.: 411446 UDIN: 26444 bty 6 LY+ ZX3T%6 Place: Jaipur Date: 27 October 2026 *Rounded off to “0.00" Chartered Accountant
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HGRAVITA Corporate office: 402, Gravita Tower, A-27-B, Shanti Path, Tilak Nagar, Jaipur-302004, Phone:+91-141-2623266, Fax-+91-141-2621491 GRAVITA INDIA LIMITED Regd. office: "Saurabh’, Chittora Road, Harsulia Mod, Diggi-Malpura Road, Tehsil-Phagi, Jaipur-303904, Website: www.gravitaindia.com, Email: companysecretary@gravitaindia.com, CIN No. : L29308R11992PLCO06870 Statement of Unaudited Standalone Financlal Results for the quarter and half year ended September 30, 2026 (Rs. In crores) 3 months ended | Preceding 3 months | _ Comesponding 3 Wall yoor onded ‘Corresponding Half Frovious yor [september 30, 2026 onded months ended | Septamber 30, 2026 yoar ended onded (N— 1une 30,2026 | Septmber 30, 2025 Soptember 30, 2025 Maroh 31, 2026 (Unauditeq) (Unaudtea) (Unaudted) (Unauditod) (Unauditod) (hudtac) I income Revenue from operations. 786.91| 860,13} 852.20| 1,647.04) 1,702.98 348137 Other income 8.35| 20.93 1938 29.28 39.00f 71.39) Total income 795.26) 881.06] 871.58] 1,676.32 1,741.98 3,668.76 Il Expenses Cost of materials consumed 651.80| 595.51 739.24] 1,247.31] 1,355.69) 279465 Purchase of stockin trade 4361 21.09 52.45 64.70| 14217 257.96 Changes in inventories of finished goods, work in-progress (28.86)| 104.10| (83.26) 75.24] (70.15)| (134.25)| and stockintrade Employee benefits expense. 33.45 35.84 27.25 69.29 57.65] 128.50) Finance costs 6.5} 4.82) 2.74] 1133 2,86} 93| Depreciation and amortisation expense 5.92] 5.61] 447 1153 8.21] 17.90) Other expenses 23.19 20.62) 26.72 52.81 56.38] 12204] Total expenses 735.62| 796.59) 769.31] 1,532.21) 1,553.81] 3,196.18 il Profit before tax (1 - Il 59.64, 84.47] 102.27) 144.11) 18817 36258 IV Taxexpenses Current tax 9.75| 13.70) 17.01] 2345 32.88 6304 Deferted tax charge /(credit) 2.56| 2.72) (1.96) 5.27] 0.12] 252 Total tax expenses 12.30] 16.42] 15.05| 28.72] 33,00 6656 V. Profitfor the period year (I - Iv) 47.34) 68.06| 87.22| 115.39) 155.17] 297.02) VI Other comprehensive incomey (loss) Items that will not be reclassified to profit or loss Remeasurements of the defined benefit liabiltics 0.56 0.64] (0.85) 1.20| .70 2.3 Income tax on above items 0.20) (0.22) 030 (0.42) 0.60) (0.84) Total other comprehensive Income/ (1oss), net of tax 0.36| 0.42] (0.55) 0.78| (2.10) 155| VIl Total comprehensive income for the period; year (V + 47.70| 68.47] 86.67 11617 164,07 29857 Vi) VIl Paid-up equity share capital (face value of Rs. 2/- each) 14.76} 14.76] 14.76] 14.76 14,76 14.76} X Other equity 183208 X Eamings per share * (in Rs.) Basic 6.40) 9.23 11.81] 15.63) 21.02 4025 Diluted 6.40) 9.23 11.81) 15.63) 21.02 4025 * Eaming per share nol annualised except for the year ended March 31, 2026.
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GRAVITA GRAVITA INDIA LIMITED Regd. office: "Saurabh?, Chittora Road, Harsulia Mod, Diggi-Malpura Road, Tehsil-Phagi, Jaipur-303904, Corporate office: 402, Gravita Tower, A-27-B, Shanti Path, Tilak Nagar, Jaipur-302004, Phone:+91-141-2623266, Fax-+91-141-2621491 Website: www.gravitaindia.com, Email: companysecretary@gravitaindia.com, CIN No. : L29308R)1992PLCO06870 ‘Statement of Standalone Assets and Liabllities (Rs. In crores) Asat Asat Particulars September 30, March 31, 2026 2026 Unaudited Audited I ASSETS Non-current assets Property, plant and equipment 331.38 31250 Capital work-in-progress 55.90 1904 Rightof use assets 6.95 681 Intangible assets 0.04 005 Financial assets ~Investments 586.86 597.39 Loan 6.00 6.00 - Other financial assets 2.30 280 Deferred tax assets (net) 597 1166 Non-current tax assets (net) 102 215 Other non-current assets 36.93 2201 Total non-current assets 1,033.35 981.40 Current assets Inventories 545.27 60368 Financial assels - Investments. 397.75 33726 Trade receivables 274.34 25182 Cash and cash equivalents 574 341 Bank balances other than cash and cash equivalents 4347 4538 Loan 107.00 7.00 - Other financial assets 107.47 69.39 Other current assets 87.29 12247 Total current assets 1,567.73 1,440.41 TOTAL ASSETS 2,601.08 242181 Il EQUITY AND LIABILITIES Equity Equity share capital 14.76 14.76 Other equity 1,948.25 1,83208 Total equity 1963.01 184684 Liabilities Non-current liabilities Financial liabilities - Lease liabilities 246 237 Provisions 967 901 Other non-current liabilties 239 436 Total non-current liabiliies. 14.5: 1574 Current liabiliies Financial labilities - Borrowings 443.97 33252 Lease liabilities 091 082 Trade payables Total outstanding dues of micro enterprises and small enterprises; and 1577 823 Total outstanding dues of creditors other than micro enterprises and small enterprises 74.04 13271 - Other financial liabilties 29.48 27.31 Other current liabilties 48.92 4381 Provisions 1015 9,60 Current tax liabiltes (net) 031 423 Total current liabllities 62355 569.23 Total liabllities 638,07 574,97 [TOTAL EQUITY AND LIABILITIES 2,601.08 2,421.81
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@GRAVITA GRAVITA INDIA LIMITED Regd. office: "Saurabh’, Chittora Road, Harsulia Mod, Diggi-Malpura Road, Tehsil-Phagi, Jaipur-303904, Corporate office: 402, Gravita Tower, A-27-B, Shanti Path, Tilak Nagar, Jaipur-302004, Phone:+91-141-2623266, Fax-+91-141-2621491 Website: www.gravitaindia.com, Email: companysecretary@gravitaindia.com, CIN No. : L29308R11992PLCO06870 Unaudited Standalone Statement of Cash Flows for the half year ended September 30, 2026 (Rs. In crores) Partioulars For the period For the perlod ended ended ‘September 30, 2026 | September 30, Unaudited 2025 Unaudited [A. Cash flow from operating activities Profit before tax 14411 188.17 [Adjustments for Depreciation and amortisation expense 1153 821 Loss on disposal / discard of property, plant and equipment (net) 0.85 018 Finance costs 1133 386 Corporate guarantee income. (1.96) (1.96) Interest income on bank deposits (1.61) (1053) Income from mutual funds carried at fair value through profit and loss (11.85) (13.68) Interest income on others (6.51) (730) Share of profit from partnership firms and LLP (net) (©.79) (1.03) Liabiliies; excess provisions no longer required written back (0.66) Unrealised (gain)/loss on financial assets measured at fair value through profit and loss (©.86) Dividend income. ©.17) - Operating profit before working capital changes 144.27 165.06 Changes in working capital: Adjustments for changes in operating assets: Inventories 58.41 (112.76) Trade receivables (21.86) (16.04) Other current and non-current assets 35.73 (123.45) Other current and non-current financial assets (37.28) (41.85) Adjustments for change in operating liabiliies: Trade payables (49.93) 8823 Other current and non-current financial liabilties (0.45) (16.30) Other current and non-current liabilties 3.4 (10.42) Provisions 121 333 Cash flow from/ (used In) operations 133.24 (64.20) Income tax paid (net of refunds) (26.24) (27.27 Nt cash flow from/ (used In) operating activities (A) 107.00 (91.47) B. Cash flow from Investing activities Capital expenditure on property, plant and equipment and intangible assets (adjusted for (80.36) (58.61) creditors for capital goods and capital workin-progress including capital advances) Proceeds from sale of property, plant and equipment 075 041 Movement in investments (net) (35.19) (13082) Interest received 1068 17.83 Loans given (100.00) (5.00) Movement in bank balances not considered as cash and cash equivalents (net) (0.35) 11837 Nt cash used in Investing activities (B) (204.47) (58.12) C. Cash flow from financing activities Proceeds from current borrowings (net) 111.45 17351 Payment of lease liabiliies (including interest) (0.46) (0.41) Finance cost paid (11.19) (3.46) Dividend paid (46.87) Net cash flow from financing activites (C) 99.80 12277 Nt Increase/ (decrease) In cash and cash equivalents (A+B+C) 233 (26.82) Cash and cash equivalents at the beginning of the year 341 51.87 Cash and cash equivalents at the end of the year 574 25.05
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@GRAVITA GRAVITA INDIA LIMITED NO' 1 Place: Jaipur Date : October 27, 2026 Regd. office: "Saurabh”, Chittora Road, Harsulia Mod, Diggi-Malpura Road, Tehsil-Phagi, Jaipur-303904, Corporate office: 402, Gravita Tower, A-27-8, Shanti Path, Tilak Nagar, Jaipur-302004, Phone:+91-141-2623266, Fax-+91-141-2621491 Website: www.gravitaindia.com, Email: companysecretary@gravitaindia.com, CIN No. : L29308RJ1992PLCO06870 TES: The above unaudited standalone financial results of the Company have been reviewed and recommended by the Audit Committee and approved by the Board of Directors in their respective meetings held on October 27, 2026. The limited review, as required under regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 has been completed by the Statutory Auditors. These unaudited standalone financial results have been prepared in accordance with the recognition and measurement principles of applicable Indian Accounting Standards (Ind AS') notified under the Companies (Indian Accounting Standards) Rules, 2015, as amended, as specified in section 133 of the Companies Act, 2013. Segment information has been provided under the notes forming part of the unaudited consolidated financial results for the quarter and half year ended September 30, 2026 as per para 4 of Indian Accounting Standard (Ind AS) 108 “Operating Segments”, specified under Section 133 of the Companies Act, 2013. As at September 30, 2026, 9,57,787 shares of face value of Rs. 2 each of the Company are held by Gravita Employee Welfare Trust. During the year ended March 31, 2024, the Company had filed an appeal against the demand order received from the Office of the Commissioner of Customs (Preventive), Jodhpur amounting to Rs. 70.10 crore (excluding applicable interest, fine and penalty) for violating the ‘pre-import conditions' as envisaged in advance authorisation licence pertaining to the period from October, 2017 to January 2019 vide notification no. 79/2017-Customs dated 17/10/2017 of The Custom Act, 1962. The management of the Company, based on its overall assessment and independent legal and tax opinion believe that the Company has a case on merit and question of law and accordingly, has contested the matter in appellate authorities. Basis above, the management of the Company is of the view that the order will not have any material impact on its unaudited standalone financial results and in case of any liability devolves on the Company, the Company will be entitied to take the credit of the tax amount. Considering all available records, facts and opinion of legal and tax counsel, the Company has not identified any adjustments in the unaudited standalone financial results. Interim dividend of Rs. 7.70 per share (on the face value of Rs. 2 per equity share), amounting to Rs. 56.83 crores, has been approved by the Board of Directors in their meeting held on October 27, 2026. The Cash Flow Statement has been prepared under the "Indirect Method" as set out in the Indian Accounting Standard (Ind AS-7) - Statement of Cash Flow. During the quarter ended September 30, 2026, the Company ceased the operations of Gravita Metal Inc. (‘GMI"), a partnership firm and subsidiary of the Company. The activities undertaken by GMI were substantially similar to the existing operations of the Company and, following the cessation of its operations, the related business activities, including customer and supplier arrangements, have been transitioned to other plants of the Company. Management has also assessed the consequential impact of the impairment of assets and recoverability of the underlying assets/investment and concluded that there is no material impact on the financial results of the Company for the quarter and six months ended September 30, 2026. For and on behalf of the Board of Directors y For Gravita India Limited Yogesh Malhotra Whole time Director & CEO DIN: 05332393
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Walker Chandiok & Co LLP Walker Chandiok & Co LLP Unit 502, 5th Floor, Horizon Tower, Jewel of India Jawahar Lal Nehru Marg (Opp Jaipur Stock Exchange) Jaipur - 302017 T. +91 141 350 5806 Independent Auditor's Review Report on Consolidated Unaudited Quarterly Financial Results and Year to Date Results of Gravita India Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) To the Board of Directors of Gravita India Limited 1. We have reviewed the accompanying statement of unaudited consolidated financial results (‘the Statement’) of Gravita India Limited (‘the Holding Company’) and its subsidiaries (the Holding Company and its subsidiaries together referred to as ‘the Group’), (refer Annexure 1 for the list of subsidiaries, included in the Statement) for the quarter ended 30 September 2025 and the consolidated year to date results for the period 01 April 2026 to 30 September 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’). This Statement, which is the responsibility of the Holding Company'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, 2013 (‘the Act'), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the Listing Regulations. 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. 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 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. We also performed procedures in accordance with the circular issued by the Securities and Exchange Board of India under Regulation 33 (8) of the Listing Regulations, to the extent applicable. Based on our review conducted and procedures performed as stated in paragraph 3 above and upon consideration of the review reports of the other auditors referred to in paragraph 5 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS 34, prescribed under section 133 of the Act, and other accounting principles generally 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 itis to be disclosed, or that it contains any material misstatement. NDIOE SN Officonin Bangaluru, Chandigarh, Chen 59 2 & V) ohvadun, Gungrop Hiderabad. Koo, Kokt Mamba. News Delhi Noida and Puno £ L 2| &) office at L', Connaught Circus. uter % Girele. Newe Dl 11000, Indio. NS i
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Walker Chandiok & Co LLP Independent Auditor’s Review Report on Consolidated Unaudited Quarterly Financial Results and Year to Date Results of Gravita India Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (Cont’d) 5. We did not review the interim financial information of 19 subsidiaries included in the Statement whose financial information reflects total assets of Rs. 1,788.61 crores as at 30 September 2026, and total revenues of Rs. 771.84 crores and Rs. 1,546.31 crores, total net profit after tax of Rs. 52.06 crores and Rs. 102.10 crores and total comprehensive income of Rs. 48.15 crores and Rs. 86.83 crores, for the quarter and six-month period ended 30 September 2026 respectively, and net cash outflows of Rs. 10.07 crores for the period ended 30 September 2026 as considered in the Statement. These interim financial information have been reviewed by other auditors whose review reports have been furnished to us by the Holding Company’s management, and our conclusion in so far as it relates to the amounts and disclosures included in respect of these subsidiaries 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 on the Statement is not modified in respect of this matter with respect to our reliance on the work done by and the reports of the other auditors. 6. The Statement also includes the interim financial information of 5 subsidiaries, which have not been reviewed by their auditors, whose interim financial information reflects total assets of Rs. 14.11 crores as at 30 September 2026, and total revenues of Rs. 2.72 crores and Rs. 4.05 crores, net profit after tax of Rs. 0.11 crores and Rs. 0.61 crores and total comprehensive profit of Rs. 0.11 crores and Rs. 0.61 crores for the quarter and six-month period ended 30 September 2026, respectively, net cash inflows of Rs. 0.16 crores for the six-month period ended 30 September 2026 as considered in the Statement and have been furnished to us by the Holding Company’s management. Our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries are based solely on such unreviewed interim financial information. According to the information and explanations given to us by the management, these interim financial information are not material to the Group. Our conclusion on the Statement is not modified in respect of this matter with respect to our reliance on the interim financial information certified by the Board of Directors. For Walker Chandiok & Co LLP Chartered Accountants Firm Registration No: 001076N/N500013 Sunil Sharma Partner Membership No.: 411446 UDIN: 2641444 e FCAMLL 8610 Place: Jaipur Date: 27 October 2026 Chartered Accountant
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Walker Chandiok & Co LLP Independent Auditor’s Review Report on Consolidated Unaudited Quarterly Financial Results and Year to Date Results of Gravita India Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (Cont’d) Annexure 1 List of entities included in the Statement (in addition of Holding Company) Subsidiaries (including Partnership firms, LLP and trust) Gravita Infotech Limited Gravita Mozambique LDA Noble Build Estate Private Limited Gravita Global Pte Limited Navam Lanka Limited Gravita Netherlands BV Gravita Senegal S.A.U Gravita USA Inc. Gravita Tanzania Limited 10. Recyclers Ghana Limited 11. Mozambique Recyclers LDA 12. Gravita Metal Inc. 13. Gravita Infotech 14. Recycling Infotech LLP 15. Gravita Employee Welfare Trust 16. Gravita Togo SAU 17. Green Recyclers Mozambique LDA 18. Gravita Gulf FZCO 19. Gravita Dominicana S.A.S. 20. Recyclers South Africa (PTY) Ltd (from 10 October 2023 to 14 April 2026) 21. Green Recyclers LLC 22. Gravita Europe S.R.L. 23. Recyclers Dominicana RDS, S.A.S (from 13 June 2025) 24. Rashtriya Metal Industries Limited (from 12 March 2026) CONONRWN= Chartered Accountant
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{GRAVITA GRAVITA INDIA LIMITED Rego. office: "Saurabh", Chittora Road, Harsulia Mod, DiggMalpura Road, Tehsi-Phagj, Jaipur-303904 Corporate office: 402, Rajputana Tower, A27-8, Shanti Path, Tlak Nagar, Jaipur- 302004, Phone:+91-141-2623266, Fax-491-141:2621491 Website: www. gravitaindia com, Email: companysecretary@gravitaindia.com, CIN: [29308R1992PLCO0GET0 Statement of Unaudited Consolidated Financlal Results for the quarter and haif year ended Soptember 30, 2026 (Rs. In crores) s mont onged | Pocengmonts | Gorosponangs | comspondng | T ‘September 30, ended months ended September 30, yoar ended March 31, 2026 Particulars 2026 " June 30, ‘September 30, 2026 . ‘September 30, 2025 2025 2025 oo Unauses Unauies Unaued Unausted e ™ ione Revenue o aperstans 12139 17504 1050 200201 201500 aze21 omereame 1500 751 2030 6554 5038 1603 Total Income 1,445.35| 1,522.60) 1,061.82 2,967.95| 2,131.82] 4,342.20| i Bpenses Contof mteras consumes 125029 115399 san o) 2ars24 Lrioon asezs Pt of soskinace 054 1 001 201 002 o122 Cranges n mentore of s g, worinrres and stk ©320) ey or50) 9 (@a12) 7392 Enployeebenets cxense 5370 o100 2059 11474 sasa 16177 inance costs 135 114 152 253 per 2478 epectton snd smrisoton xpense 1360 109 oz 2039 1109 2569 [ 12 5300 s 15600 107,07 23000 Tota expnses T oL w054 a2 90861 80395 I Profit before tax (I- Il) 124.21] 131.28| 111.28] 266.49| 221.21| 448.26| v T empenses Curention 1519 2120 1099 2 56 enag Deferred tax charge/(credit) 7.00] (2.33) 1.64) 4.67] 136 046 Total tax expenses. 22.18) 24.91] 15.31] 47.09) 38.18| 69.92] v roftfor th pred your (- 0203 37 w501 540 8503 Eixn VI Other comprehensive Income;/ (loss) Items that will not be reclassified to profit or loss. emessemntsof e defned benet abies 0 113 o) 160 wol 20 cometax onabve tems 019) o) o 030 o) 0s0) e that il b rclssfet o prot orlos Foreign curency vanstaton s won) s 199 550 383 sass ‘Total other comprehensive (loss)/Income, net of tax (4.60) (11.16)| 1.40] (15.76) 37.28] 40.45| Vil Total comprehensive Income for the perlod/ year (V + Vi) 97.43| 95.21] 97.37] 192.64} 226.31| 418.78| Profit for the perlod/ year attributable to: Ouners of e i Compry 10201 10630 o500 2840 16929 araso Nancanvoting st o0z 002) 002) oo 02| 0an) ‘Total other comprehensive (loss)/Income for the period/ year attributable to: nners ot e o compary won) @109 129 asol 2057 e Ranconoli st 001 o) 01 000) o7y as3 ‘Total comprehensive income for the perlod/ year attributable to: Ouners f o Hotng Company o140 P o2 19210 258 w180 Nanconvoing vt 003 00 016 000) 0as 03 VIl Paid-up equity share capital (face value of Rs. 2/- each) 14.76| 14.76) 14.76| 14.76| 14.76] 14.76) b onercauy 2408 < caming persar ) o 101 10 1219 261 20 5209 ted 101 1060 1218 2801 2599 520 * Earning per share not annualised except for the year ended March 31 2026,
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$GRAVITA GRAVITA INDIA LIMITED Regd. office: ‘Saurabh', Chittora Road, Harsulia Mod, Diggi-Malpura Road, Tehsi-Phag, Jaipur-303904 Corporate offce: 402, Rajputana Tower, A-27-8, Shanti Path, Tilak Nagar, Jaipur-30200d, Phone:+91-141.2623266, Fax-+91-141:2621491 Website: waw. gravitaindia. com, Emall: companysecretary@gravitaindia.com, GIN: | 29308R11992PLC00GST0 teporting of Segmentwise Revenue, Results, Assets and Liabiftes (Rs. In crores) Smonths ondod | Proceeding 3 months | Corresponding 3 Halfyoar ended | Comresponding half | Previous yoar September 30, onded months ended September 30, year ended onded s. S—— 2026 June 30,2026 Soptember 30, 2026 September 30, | March 31,2026 Ho. 2025 2025 Unaudted Unaudited Unaudted Unaudted Unaudited Auditod T [Segment revenue (2) Lead 83507 954.75 921.01 178982 185558 317110 (0) Atuminium 137.04 11052 9447 248.46 188.58 36465 (o) Plastics 2830 26,63 1301 51.97 2042 7043 (@) Copper 41983 376,05 79588 5178 e) Turnkey Projects .46 .68 058 914 122 476 ) Others 171 243 033 414 064 255 ‘Segment revenue| 142735 147506 1,035.50 2,90241 2,075.44 4,26527 2. [Segment resunts (o) Lead 89.00 10951 11170 190.80 221.30 45415 0) Aluminium 1174 1135 650 2309 1315 1700 () Plastics 302 344 074 646 169 898 (d) Copper 2886 1570 5227 242 ) Turnkey Projects. 098 108 025 296 069 123 1) Others. (4.26 2.60) (165) 6.90) (2.28) 3.11) Total 120.34 13034 117.58 268.68 240.55 8016 Coss: () Finance costs. 1388 1148 782 25.36 1387 2478 i) n-allocale income (13.00) (1821) 1652) (31.21) (3551) (59.39) i) Un allocable expenses 4.25 14.79 1500 19.04 3.98 6652 Profit before tax for the perlod year| 12221 13128 11128 26549 227.21 448,25 Less: Tax expense. 2218 24.91 1531 41.09 38.18 6092 Profit after tax for the perlod year| 10203 106.37 9597 208.40 189.03 378.33 [Segment assets (@) Lead 1,400.94 139227 1371873 140094 137873 138106 (o) Auninium 189.80 15375 14634 189.80 14634 12723 (0 Prastics 8160 6802 65.49 8160 65.49 64.02 (0) Copper 1,005.04 95975 1,005.00 - 83326 (@) Tumkey Projects 24.41 1140 19.98 2001 19.98 518 (0) Others 92,81 7162 7595 9281 75.95 7935 () Unallocated 1,030.63 87842 1.187.18 1,039.63 1,187.78 92685 Total Segment Assets| 3,834.23 3,535.23 2,874.27 3,834.23 287421 341695 Segment iabities (o) Lea 164.13 14362 20194 164.13 201.94 12399 ) Atuminiom 4118 4493 3153 41.18 3153 331 (c) Prastics 2414 1873 1180 214 180 650 (@) Copper 39672 262.30 396.72 27503 (0) Turnkey Projects 523 7.30 16.49 523 16.49 1138 () Others. 2458 2315 7.26 2458 7.26 1164 1) Unatocated 52328 486,01 32751 523.28 321.51 486,60 Total Segment Liabiliies 118526 986.04 60553 118526 605.53 958,50
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$GRAVITA Regd. offce: "Saurabh’, Chittora Road, Harsulia Mod, Diggt Malpura Road, Tensii-Phag, Jaipur-303904 GRAVITA INDIA LIMITED Corporate office: 402, Rajputana Tower, A27-5, Shanti Path, Tilak Nagar, Jaipur-302004, Phone:+91-141-2623266, Fax-+91-141.2621491 ‘Website: v, gravitaindia,com, Email companysecretary@gravitaindia.com, CIN: 129308RI1992PLC00GBT0 Unauditsd Consolidated Statement of Assets and Liablliles as at September 30, 2026 (Rs. In crores Asat Asat ‘September 30, March 31, Particulars 5026 026 Unaudited Audited I ASsETS Non-current assets Property. plant and equipment 76392 76920 Capital warlcin-progess 0077 154 Right-of-use assets 1138 722 Goodvil 16280 16280 Other intangible assets 004 004 Financial assets Investments 1567 2976 Loans 600 600 Other financial assets 926 830 Deferred tax assets (net) 597 Non-current tax assets (net) 7.08 1087 Other non-current assets. 4126 2580 Total non-current assets 111435 1,067.57 Current assets Inventories. 1,189.49 102327 Financial assets Investments 39909 38295 Trade recelvables 63339 43092 Cash and cash equivalents 7265 8032 Bank balances other than cash and cash equivalents. 109,69 12149 Loan 7.00 7.00 Other financial assets 120,98 9266 Other current assets 187.19 21077 Total current assets 272008 234938 TOTAL ASSETS 3,834.23 3,41695 Il EQUITY AND LIABILITIES. Equity Equity share capital 1176 1476 Other equity 2,630.26 243681 Equity attibutable to owners of Holding Company 2,645.02 2,45163 Non-controling interests 395 678 Total equity 253897 Uablities Non-current llabllfes Financial liabilies Borowings. 7395 12281 Lease labilties 2176 272 Provisions 1260 1182 Deferred tax labilites (net) 2582 1464 Other non-current iabilties 008 0.09 Total non-current liabilttes 136,21 152.08 Current llabiites Financial ibiltes Bormovings 794.19 60951 Lease liabiliies 095 086 Trade payables Total outstanding dues of micro enterprises and small enterprises ; and 25.19 830 Total outstanding dues of creditors other than micro enterprises and small enterprises 8373 5001 Other financial labiles 9380 8143 Other current labiltes 864 21.30 Provisions 1325 1210 Gurrent tax labiles (net) 1030 187 Total current labllies 1,070.05 806.46 Total liabiltes 1,185.26 968.54 TOTAL EQUITY AND LIABILITIES 383423 541695
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$GRAVITA Red. offce: "Saurabi”, Chittora Road, Harsulla Mod, Digg Malpura Roa, Tesik-Phagi, Jaipur-303904 . Shanl Path, Tilak Nagar, Jaipur-302004, Phone: +91-141.262326 Website: www. gravitaindia.com, Email: companysecretary@gravitaindia,com, CIN: 1 20308R11992PLC00GST0 Corporate office: 402, Rajputana Tovier, A-27- Consolidated Unaudhed Statement of Cash Flows for the perlod ended September 30, 2026 GRAVITA INDIA LIMITED Fax-+911412621491 ®s.In ororos) Forthe period | For e period ended onded | Septombor 30, 2025 Fortoulers Soptombor 30, 2026 Unauditos Unauditod [A Gash flow from operating actites Proft before tax 25540 22121 ustmentsfor Depreciaton and amortsation expense 2838 1700 Loss on disposal discad ofpropet, plant and cquipment (el 087 045 Finance costs 2536 1387 Inteestincome on bank deposis @60) (1228) Income from mutual funds caried at fir vlue through profs and oss (1194) (wa11) Interest ncome on others @2s) ) Dividend ncome. o) Liabiltis/ excess provisions no longer requied writen back 89 ©11) lowance forexpectad arit10ss on financial asset (nluding write of) h 089 Unvealised gain/oss o fnancil assets measured at fi value trough proft and loss (@a1) (1211) Nt gainon foregn currency ransiaton 293) w.16) (Opsrating profitbeforo working caphal chanes 2588 0402 Changes o working capia [Adustments forchanges inoperating assets Iventories ar6oo) 3180) Trade receiables (19258) a97 Other curent and non-current asets 2351 (10260) Othr curtent and non-currnt inancals assets (20.20) (@1.19) Curtent and non-current oans ustments forchanges in aperating labltics: Trade payables 4156 082 Other curtent and non curent financial lbiics atar won Other curent and noncurrent abiltes 2120 131 Provsions 193 a10 ash flow used n peration @220) @ash) ncome taxes pald (netof refunc) 6.20) 2699) ot cash flow used I operating acthties () (68.42) 053) 5. Cash flow from Investing acthtes Captal oxpenditure on property,plant and equipment and ntangible assets (adusted for supplies payable and capital workin progress @178) (105.39) including caialacvances) Progeeds from sale of property, plant and equipment o087 011 Intert received 118 1936 Movement i bank balances not considered as cash and cash equivalonts (net 1180 14666 Redemption of vestments in mutual funds and bonds. 1000 Loan gien o thers (o) o0y Aeauisiion of shaes in group enies @59) Purchase o nvestments (13030) Copalnfused by non-contolinginterest sharchalders i tep-down subsidary 008 ot cash used I nvesting actitis (E) 5.4 ) . Cash flow from fiancing actities Repayment o non-curent borrovings @8.86) w60a) Proceeds from curent borowings (net 18468 20095 Payment ofease labiltes (.59 023) Finance costpaid @502) a348) Oiidond pd i 523 et cash flow from financing acthtes (€) 0621 9897 et decraase I cash and cash cquivlents (A4B+) s0) 26.16) (Cosh and cash equialents t he begning of the year 8032 9461 [Cash and cash equivalents o the ond of the yeor T2.65 68.45
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< GRAVITA GRAVITA INDIA UMITED. Regd. office: "Saurabi, Chittora Road, Harsulla Mod, DiggMalpura Road, Tensil-Phagi, Jaipur-303904 Corporate office: 402, Rajputana Tower, A-27-8, Shanti Path, Tilak Nagar, Jaipur-302004, Phone:+91-141-2623266, Fax-+91-141-2621491 Website: v gravitaindia.com, Emal: companysecretary@gravitaindia.com, CIN: L20308R11992PLCO0GET0. NOTES: 1 Place: Jaipur Date: October 27, 2026 The above unaudited consolidated financial results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors at its meeting held on October 27, 2026. The limited review, as required under regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 has been completed by the Statutory Auditors. These unaudited consolidated financial results have been prepared in accordance with the recognition and measurement principles of applicable Indian Accounting Standards (Ind AS') notified under the Companies (Indian Accounting Standards) Rules, 2015 (as amended), as specified in section 133 of the Companies Act, 2013. Key numbers of unaudited standalone financial results are given below. The unaudited standalone financial results of the Holding Company are available on the website of the Holding Company. (www.gravitaindia.com) (Rs. n crores) S months ended | Preceeding 3 months | Comesponding 3 | Half year ended | Corresponding half [ Previous year September 30, ended months ended September 30, year ended ended Particulars 2026 June 30, September 30, 2026 September 30, | March 31,2026 2026 2025 2025 Unaudited Unaudited Unaudited Unaudited Unaudited Audited Revenue from operations 786,91 860.13| 85220 1,647.04] 1.702.98| 348137 Profit before tax 50.64 84.47 102,27 144.11) 18817 36258| Profil after tax 4134 68.05 87.22) 115.39 15517 297.02] Total other comprehensive income/(loss) 036 042 (055) 078 (1.10) 1.55) [ Total comprehensive income for the period/ year 47.70) 68.47) 86.67) 116.17] 154.07] 29857 As at September 30, 2026, 9,57,787 shares of face value of Rs. 2 each of the Holding Company, are held by Gravita Employee Welfare Trust. During the year ended March 31, 2024, the Holding Company had filed an appeal against the demand order received from the Office of the Commissioner of Customs (Preventive), Jodhpur amounting to Rs. 70.10 crore (excluding applicable interest, fine and penalty) for violating the ‘pre-import conditions' as envisaged in advance authorization license pertaining to the period from October, 2017 to January 2019 vide notification no. 79/2017-Customs dated 17/10/2017 of The Custom Act, 1962. The management of the Holding Company, based on its overall assessment and independent legal and tax opinion believe that the Holding Company has a case on merit and question of law and accordingly, has contested the matter in appellate authorities. Basis above, the management of the Holding Company is of the view that the order will not have any matefial impact on its unaudited consolidated financial results and in case of any liability devolves on the Holding Company, the Holding Company will be entitied to take the credit of the tax amount, Considering all available records, facts and opinion of legal and tax counsel, the Holding Company has not identified any adjustments in the unaudited consolidated financial results Interim dividend of Rs. 7.70 per share (on the face value of Rs. 2 per equity share), amounting to Rs.56.83 crores, has been approved by the Board of Directors in their meeting held on October 27, 2026. The Cash Flow Statement has been prepared under the “Indirect Method" as set out in the Indian Accounting Standard (Ind AS-7) - Statement of Cash Flow. During the quarter ended September 30, 2026, the Holding Company ceased the operations of Gravita Metal Inc. (“GMI"), a partnership firm and subsidiary of the Holding Company. The activities undertaken by GMI were substantially similar to the existing operations of the Group and, following the cessation of its operations, the related business activilies, including customer and supplier arrangements, have been transitioncd to other plants of the Holding Company. Management has also assessed the consequential impact of the cessation on revenue from operations, procurement costs, impairment of assets and recoverability of the underlying assets/investment and concluded that there is no material impact on the financial results of the Holding Company/Group for the quarter and six months ended September 30, 2026. During the quarter ended March 31, 2026, the Holding Company acquired 98.95% equity stake in Rashtriya Metal Industries Limited ("'RMIL") and obtained control with effect from March 12, 2026. Accordingly, the unaudited consolidated financial results for the current quarter and half year ended September 30, 2026 are not comparable with quarter and half year ended September 30, 2025 to that extent. Further, during the current quarter and half year ended September 30, 2026, the Holding Company acquired an additional 0.64% equity stake in RMIL for 3.59 crore, increasing ts shareholding to 99.59%. For and on behalf of the Board of Directors For Gravita India Limited time Director & CEO DIN: 05332393