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4th November 2026 To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No. C-1 Dalal Street, Fort G Block, Bandra-Kurla Complex, Bandra(E) Mumbai – 400001 Mumbai -400051 Scrip Code: 543317 Symbol: GRINFRA Sub: Statement of Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended 30th September 2026. Dear Sir, The Board of Directors of G R Infraprojects Limited (“Company”) at its meeting held today, i.e., 4th November 2026 approved the Unaudited Standalone & Consolidated Financial Results for the quarter and half year ended 30th September 2026, in terms of Regulation 30, 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. We enclose herewith the Unaudited Standalone & Consolidated Financial Results for the quarter and half year ended 30th September 2026 alongwith Limited Review Report issued by M/s. B S R & Co, Chartered Accountants, Statutory Auditors of the Company on the said results. Other information required are as under: 1. Additional disclosure as per Regulation 52(4) is given under Note No. 10 in Standalone Financial Results and Note No. 3 in Consolidated Financial Results. 2. There are no outstanding secured listed Non-Convertible Debentures in the company, hence disclosure of asset cover is not applicable. 3. Disclosure of related party transactions for the half year ended 30th September 2026, in terms of Regulation 23(9) of the SEBI Listing Regulations is annexed to the Financial Results. Further, please also note that the proceeds from the issuance of non-convertible debentures have been fully utilized. A statement indicating utilization of proceeds as per Regulation 52(7) and statement of deviation as per Regulation 52(7A) is enclosed as Annexure-A. The meeting of the Board of Directors of the Company commenced at 4:30PM and concluded at 6:30PM. We request the exchange to take this information on record. Thanking you, Yours sincerely, For G R Infraprojects Limited Sudhir Mutha Company Secretary ICSI Membership No. ACS18857 Encl: As above

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B S R and Co Chartered Accountants 903 Commerce House V Near Vodafone House, Prahaladnagar Corporate Road, Ahmedabad 380 051 India Telephone: +91 (79) 7145 0001 Fax: +91 (79) 7145 0050 Principal Office: 14th Floor, Central B Wing and North C Wing, Nesco IT Park 4, Nesco Center, Western Express Highway, Goregaon (East), Mumbai - 400063 Page 1 of 2 Limited Review Report on unaudited standalone financial results of G R Infraprojects Limited for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 pursuant to Regulation 33 and Regulation 52(4) read with Regulation 63 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended To the Board of Directors of G R Infraprojects Limited 1. We have reviewed the accompanying Statement of unaudited standalone financial results of G R Infraprojects Limited (hereinafter referred to as “the Company”) for the quarter ended 30 September 2026 and year to date results for the period from 1 April 2026 to 30 September 2026 (“the Statement”) (in which are included interim financial results of seven joint operations). 2. This Statement, which is the responsibility of the Company’s management and approved by its 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 and in compliance with Regulation 33 and Regulation 52(4) read with Regulation 63 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”). Our responsibility is to issue a report 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 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. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 and Regulation 52(4) read with Regulation 63 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. The standalone financial results of the Company for the year ended 31 March 2026 were audited by the predecessor auditor whose report dated 11 May 2026 had expressed an unmodified opinion. The standalone financial results of the Company for the corresponding quarter ended 30 September 2025 and the corresponding period from 01 April 2025 to 30 September 2025 were reviewed by the predecessor auditor whose report dated 10 November 2025 had expressed an unmodified conclusion.

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BSRa n dC o Limited Review Report (Continued) G R Infraprojects Limited Page 2 of 2 6. The Statement includes the interim financial information of Seven Joint operations which has not been reviewed, whose interim financial information reflects total assets (before consolidation adjustments) of Rs. 17,474.34 as at 30 September 2026 and total revenues (before consolidation adjustments) of Rs. 6,838.36 lakhs and Rs. 15,674.10 lakhs, total net (loss) after tax (before consolidation adjustments) of Rs. (0.18) lakhs and Rs. (0.18) lakhs and total comprehensive income (before consolidation adjustments) of (0.18) lakhs and Rs. (0.18) lakhs, for the quarter ended 30 September 2026 and for the period from 01 April 2026 to 30 September 2026 respectively, and cash inflows (net) (before consolidation adjustments) of Rs 2,964.23 for the period from 01 April 2026 to 30 September 2026. as considered in the Statement. According to the information and explanations given to us by the management, this interim financial information are not material to the Company. Our conclusion is not modified in respect of this matter. For B S R and Co Chartered Accountants Firm’s Registration No.:128510W Jeyur Shah Partner Ahmedabad Membership No.: 045754 04 November 2026 UDIN:26045754BATITN8881 Jeyur Bharatku mar Shah Digitally signed by Jeyur Bharatkumar Shah Date: 2026.11.04 18:46:41 +05'30'

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(₹ in lakhs except per share data) Year ended Particulars 30 September 2026 30 June 2026 30 September 2025 30 September 2026 30 September 2025 31 March 2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) I Revenue from operations 2,01,910.11 2,42,342.22 1,23,368.98 4,44,252.33 3,05,982.52 7,62,021.7 3 II Other income 7,277.18 6,410.95 11,835.29 13,688.13 23,461.21 46,104.75 III Total income ( I + II ) 2,09,187.29 2,48,753.17 1,35,204.27 4,57,940.46 3,29,443.73 8,08,126.48 IV Expenses (a) Cost of material consumed 15,020.75 14,168.78 8,380.31 29,189.53 18,721.10 42,201.32 (b) Construction expenses 1,48,725.01 1,82,853.91 86,107.49 3,31,578.92 2,17,451.49 5,62,08 1.47 (c) (Increase) / decrease in inventories of finished goods and work in progress (1,333.42) (543.49) (304.23) (1,876.91) (611.39) (1,794.12) (d) Employee benefits expense (refer note 8) 16,582.76 15,449.65 13,951.25 32,032.41 28,870.96 60,454.43 (e) Finance costs 561.51 1,333.81 1,130.01 1,895.32 2,317.80 4,323.57 (f) Depreciation and amortisation expense 4,274.57 4,395.68 5,104.96 8,670.25 10,347.65 19,835.93 (g) Other expenses 3,757.12 3,698.80 3,192.67 7,455.92 6,403.83 16,046.20 Total expenses (IV) 1,87,588.30 2,21,357.14 1,17,562.46 4,08,945.44 2,83,501.44 7,03,148.80 V Profit before exceptional items and tax (III–IV) 21,598.99 27,396.03 17,641.81 48,995.02 45,942.29 1,04,977.68 VI Exceptional items (refer note 5) - - - - 25,315.26 VII Profit before tax (V+VI) 21,598.99 27,396.03 17,641.81 48,995.02 45,942.29 1,30 ,292.94 VIII Tax expense (a) Current tax 6,259.29 7,284.64 4,724.95 13,543.93 11,829.40 29,997.67 (b) Adjustment provision of tax relating to earlier period/year (net) - - - - - 611.53 (c) Deferred tax (credit) / charge (763.93) (253.14) (167.14) (1,017.07) (551 .14) 78.12 Total Income tax expense (VIII) 5,495.36 7,031.50 4,557.81 12,526.86 11,278.26 30,687.32 IX Profit for the period / year (VII-VIII) 16,103.63 20,364.53 13,084.00 36,468.16 34,66 4.03 99,605.62 X Other comprehensive income Items that will not be reclassified to profit or loss in subsequent period/year : (a) Re-measurements gain / (loss) of defined benefit plans 39.83 39.84 (92.45) 79.67 (184.90) 265.07 (b) Net (loss) / gain on equity instruments through OCI (31.89) 19.65 (9.83) (12.24) 13.38 (18.86) (c) Income tax relating to above (2.74) (14.53) 25.52 (17.27) 43.47 (62.40) Total other comprehensive income / (loss) (net of tax ) (X) 5.20 44.96 (76.76) 50.16 (128.05) 183.81 XI Total comprehensive income for the period / year (net of tax) (IX+X) 16,108.83 20,409.49 13,007.24 36,518.32 34,535.98 99,789.43 XII Paid up equity share capital (Face value of ₹ 5/- each) 4,838.04 4,838.04 4,838.04 4,838.04 4,838.04 4,838.04 XIII Other equity (excluding revaluation reserves) as at balance sheet date 8,82,061.64 XIV Earnings per share (EPS) - ( ₹) (of ₹ 5/- each) (not annualised for quarters) -Basic earning per share - ( ₹) 16.64 21.05 13.52 37.69 35.83 102.95 -Diluted earning per share - ( ₹) 16.65 21.05 13.52 37.70 35.82 102.93 See accompanying notes to the unaudited standalone financial results. G R INFRAPROJECTS LIMITED Registered Office: Revenue Block No.-223, Old survey No. 384/1, 384/2, Paiki and 384/3, Khata No. 464, Kochariya, Ahmedabad, Gujarat - 382220. CIN: L45201GJ1995PLC098652 STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2026 Sl. No. Quarter ended Half year ended

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G R Infraprojects Limited NOTES: 1 2 3 (₹ in lakhs) Particulars Year ended 30 September 2026 30 June 2026 30 September 2025 30 September 2026 30 September 2025 31 March 2026 Revenue (including other income) 6,838.36 8,835.74 4,956.41 15,674.10 11,601.19 25,624.00 Expenses (including income tax expense) 6,838.54 8,835.74 4,956.41 15,674.28 11,601.19 25,653.15 Share of (loss)/ Profit in joint operations (0.18) - - (0.18) - (29.15) 4 (a) (b) 5 6 7 8 9 During the quarter, the Company issued a notice of termination to one of custom er in respect of a EPC contract . Subsequently, the customer also issued a notice of termination in respect of the said contracts and invoked the advance bank guarantee of Rs 4,952.59 lakhs again st mobilisation advance received, and performance surety bond s of Rs 4,133.71 lakhs provided by the Company . Thereafter, discussions were held between the parties on 10 October 2026 to explore an amicable resolution of the matter and possible rev ival of the contracts. The discussions are at an advanced stage, and management believes they will be able to arrive at amicable resolution however the proposed revival plan is s ubject to finalisation of mutually acceptable terms and requisite approvals among both the parties. Accordingly, no financial impact in respect of the aforesaid matter has been recogn ised in these standalone financial results for the quarter and half-year ended 30 September 2026. The listed non-convertible debentures of the Company aggregating to ₹ 21,500 lakhs outstanding as on September 30, 2026 are unsecured. During the year ended 31 March 2026, the Company acquired 100% equity shares in Rajgarh Neemach Power Transmission Limited (“RNPT”) for total conside ration of ₹ 1,888.04 lakhs as per the share purchase agreement entered with REC Power Development and Cons ultancy Limited (“RECPDCL”), dated 29th September 2025 pursuant to bi d condition, considering that the Company has been identified selected bidder vide letter of intent dated August 27, 2025 for the project "Transmission system for evacuation o f power from RE projects in Neemach (1000 MW) SEZ in Madhya Pradesh - Phase II through tariff based competitive bidding process (TBCB)". This has been accordingly accounted in th ese standalone financial results. The Government of India has consolidated 29 existing labour legislations into a united framework comprising four Labour Code viz Code on wages 2019, C ode on Social Security 2020, Industrial Relation Code 2020, and Occupational Safety, Health and Working Condition Code 2020 (collectively referred to as the ‘Codes’). The Codes was made effective from 21 November, 2025. Based on the information available and in accordance with guidance issued by the Institute of Chartered Accountants of India, the company has estimated and recognised the incremental liability of ₹ 2,427.30 lakhs, as past service cost on post employment defined benefits for its employees in these standalone financial results during the year ended 31 March 2026. In June 2022, the Central Bureau of Investigation (CBI) registered a case under the Prevention of Corruption Act, 1988 read with the Indian Penal Code, 1860 and took into custody three employees of the Company. Subsequently, all three employees of the Company were granted bail and the Company appeared before the Gauhati High Court th rough its authorised representative. The Company has challenged its involvement before the Gauhati High Court, which has granted a stay on the proceedings. As at the repor ting date, while the chargesheet filed by the CBI includes both the Company as well as the said employees, the matter continues to remain sub judice, and is cur rently pending before the Gauhati High Court. During the quarter and year ended March 31, 2026, the Company has sold 100% equity stake in its wholly owned subsidiaries, namely GR Bahadurganj Araria Highway Private Limited (“GRBAHPL”), GR Ena Kim Expressway Private Limited (“GRENEPL”), GR Bilasp ur Urga Highway Private Limited (“GRBUHPL”), and GR Ujjain Badnawar Highw ay Private Limited (“GRUBHPL”), to Indus Infra Trust pursuant to Share Purchase Agreements d ated December 29, 2025 for GRBAHPL and March 24, 2026 for GRENEPL, GRBUHPL, a nd GRUBHPL. The equity shares were sold for an aggregate consideration of ₹ 4,793.31 lakhs (including deferred consideration of ₹ 873.73 lakhs), ₹ 15,378.00 lakhs (including deferred consideration of ₹ 3,242.77 lakhs), ₹ 10,293.01 lakhs (including deferred consideration of ₹ 2,201.94 lakhs), and ₹ 1,650.94 lakhs in respect of GRBAHPL, GRENEPL, GRBUHPL and GRUBHPL respectively. As a result of the above transactions, the Company recognised gains of ₹ 3,893.26 lakhs, ₹ 14,478.05 lakhs, ₹ 6,193.01 lakhs, and ₹ 750.94 lakhs from the sale of GRBAHPL, GRENEPL, GRBUHPL and GRUBHPL respectively which has been disclosed as exce ptional item in these standalone financial results under respective period. During the year ended 31 March 2026, the Income Tax Department ("the Departm ent") conducted a search under Section 132 of the Income Tax Act, 1961 ("the Act") at certain premises of the Company, as well as the residence of Promoters, members of the promoter group, and certain senior management employees of the Company. The Company extended full cooperation during the search proceedings and furnished all information and documents sought by the Department. As at the reporting date, no assessm ent order, tax demand, penalty notice or other adverse communication has been received from the Department. The business and operations of the Company have continued without disruption. The ultimate outcome and financial impact, if any, of the aforementioned matters are dependent upon the conclusion of the ongoing judicial proceedin gs. Accordingly, no liability has been recognised in the financial results in this regard. The above unaudited standalone financial results for the quarter and half year ended September 30, 2026 ('the Statement') of G R Infraprojects Limite d ('the Company') which are published in accordance with Regulation 33 and 52 of the Securities and Exchange Board of India (SEBI) (Listing Obligations and Disclosure Requireme nts) Regulations, 2015 as amended ('Listing Regulations'), have been reviewed and recommended by the Audit Committee and thereafter approved by the Board of Directors in their respec tive meetings held on November 4, 2026. These unaudited standalone financial results are prepared in accordance with the Companies Indian Accounting Standards Rules 2015 ( as amen ded) ("Ind AS") prescribed under section 133 of Companies Act, 2013 and the other recognised accounting practices and policies to the extent applicable. The statutory auditor has per formed limited review of these standalone financial results. As permitted by paragraph 4 of Ind AS 108, "Operating Segments", notified under section 133 of the Companies Act, 2013, read together with the relevant rules issued thereunder, if a single financial report contains both consolidated financial results and the standalone financial results of the parent, segment information need to be presented only on the basis of the consolidated financial results. Thus, disclosure required by Regulation 33 and 52 of the SEBI (Listing Obligations & Disclosure Requirements) Regu lations, 2015 on segment wise revenue, results and capital employed are given in consolidated financial results. The Company’s share in the income and expenses of the joint operations is as under: Quarter ended The above financial information for the respective quarter, half year and year end is solely based on management accounts and has not been subjected to review / audit by any auditor. In view of management, these joint operations are not material to overall performance and results of the Company. Half year ended

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NOTES (Continued) : G R Infraprojects Limited 10 Particulars Year ended 30 September 2026 30 June 2026 30 September 2025 30 September 2026 30 September 2025 31 March 2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) 1 Profit after tax (₹ in lakhs) 16,103.63 20,364.53 13,084.00 36,468.16 34,664.03 99,605.62 2 Net worth (₹ in lakhs) (Net worth is calculated as per section 2(57) of the Companies Act, 2013) 9,17,153.80 9,01,356.48 8,18,084.51 9,17,153.80 8,18,084.51 8,80,906.40 Earnings per share (not annualised for the quarters and half years) ( ₹) - Basic earning per share 16.64 21.05 13.52 37.69 35.83 102.95 - Diluted earning per share 16.65 21.05 13.52 37.70 35.82 102.93 4 Capital redemption reserve (₹ in lakhs) 550.16 550.16 550.16 550.16 550.16 550.16 5 Debenture redemption reserve (₹ in lakhs) - - - - - - 6 Debt Equity Ratio (in times) (Total Debt / Total Equity ) Total Debt = Debt comprises of current borrowings (including current maturities of non current borrowings) and non current borrowings. Total Equity = Net worth (Net worth is calculated as per section 2(57) of the Companies Act, 2013) 0.04 0.03 0.03 0.04 0.03 0.03 7 Debt Service Coverage Ratio (in times) (Profit after tax + Interest expense + depreciation and amortisation expense + loss/(profit) on sale of PPE - exceptional items)/(principal repayment of non-current borrowings made during the quarter/half year/year + Interest expenses + lease payment) 30.86 40.07 1.38 35.24 1.61 3.17 8 Interest Service Coverage Ratio(in times) (Profit before tax and exceptional items + Total interest expense )/(Total interest expense) 41.27 55.25 29.50 48.05 29.60 35.87 9 Current Ratio (in times) (Current assets / Current liabilities ) 3.04 3.31 3.39 3.04 3.39 3.30 10 Long term debt to working capital (in times) (Non current borrowing including current maturity) / (Current assets - Current liabilities) 0.06 0.06 0.09 0.06 0.09 0.06 11 Bad debts to accounts receivable ratio (in times) (Trade receivable written off/ Average account receivable) - - - - - 0.01 12 Current liability ratio ( in times) (Current liabilities / Total liabilities) 0.82 0.80 0.72 0.82 0.72 0.80 13 Total Debt to Total assets (in times) (Total debt / Total assets) Total Debt = Debt comprises of current borrowings (including current maturities of non current borrowings) and non current borrowings. 0.03 0.02 0.02 0.03 0.02 0.02 14 Debtor turnover ratio (in times) (Revenue from operation ( annualised) /Average account receivable) Average account receivable = average trade receivables + average contract assets) 2.19 2.86 2.04 2.56 2.55 2.66 15 Inventory turnover ratio ( in times) (Cost of goods sold ( annualised) / Average Inventory) 3.67 3.87 3.18 3.94 4.20 4.39 16 Operating margin (%) (Profit before interest, depreciation, exceptional items and tax less other income/revenue from operations) 9.49% 11.02% 9.76% 10.33% 11.49% 10.90% 17 Net profit margin (%) (Profit for the period or year/revenue from operations) 7.98% 8.40% 10.61% 8.21% 11.33% 13.07% 11 12 For G R Infraprojects Limited Ajendra Kumar Agarwal Chairman & Managing Director DIN: 01147897 Place : Gurugram Date : 4 November 2026 Investors can view the unaudited standalone financial results of the Company for the quarter and half year ended September 30, 2026 on the Company’s we bsite www.grinfra.com or on the website of the stock exchange www.bseindia.com and www.nseindia.com. Unaudited statement of standalone cash flow for the half year ended September 30, 2026 and September 30, 2025 is given in Annex ure I. Additional information as per regulation 52(4) of the Securities and Exchange Board of India ( Listing Obligations and Disclosu re Requirements) Regulations, 2015, as amended : Sl. No. Quarter ended 3 Half year ended AJENDRA KUMAR AGARWAL Digitally signed by AJENDRA KUMAR AGARWAL Date: 2026.11.04 18:26:46 +05'30' Jeyur Bharatku mar Shah Digitally signed by Jeyur Bharatkumar Shah Date: 2026.11.04 18:46:54 +05'30'

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G R Infraprojects Limited Standalone Statement of Assets and Liabilities ₹ in Lakhs As at As at 30 September 2026 31 March 2026 (Unaudited) (Audited) Assets Non-current assets (a) Property, plant and equipment 89,442.87 94,886.88 (b) Capital work-in-progress 4,055.05 2,679.62 (c) Investment property 7,809.23 7,715.81 (d) Intangible assets 101.84 115.95 (e) Right of use assets 810.74 545.33 (f) Intangible asset under development 124.29 271.20 (g) Financial assets (i) Investments 4,63,067.56 3,06,461.47 (ii) Loans 17,510.49 1,26,850.14 (iii) Other financial assets 169.58 184.52 (h) Income tax assets (net) 1,142.19 1,331.65 (i) Other assets 3,014.34 2,717.81 5,87,248.18 5,43,760.38 Current assets (a) Inventories 84,211.15 73,902.55 (b) Financial assets (i) Investments 3,701.91 24,535.34 (ii) Trade receivables 2,63,586.74 2,37,231.86 (iii) Cash and cash equivalents 18,529.51 65,627.69 (iv) Bank balances other than (iii) above 2,651.05 1,074.27 (v) Other financial assets 20,335.22 22,224.75 (c) Other assets 1,69,115.92 1,29,084.41 5,62,131.50 5,53,680.87 Total Assets 11,49,379.68 10,97,441.25 Equity and liabilities Equity (a) Equity share capital 4,838.04 4,838.04 (b) Other equity 9,18,632.12 8,82,061.64 9,23,470.16 8,86,899.68 Liabilities Non-current liabilities (a) Financial liabilities (i) Borrowings 21,500.00 22,258.68 (ii) Lease liabilities 377.55 178.73 (b) Provisions 1,891.04 1,891.04 (c) Deferred tax liabilities (net) 17,442.01 18,441.80 41,210.60 42,770.25 Current liabilities (a) Financial liabilities (i) Borrowings 12,492.66 1,186.23 (ii) Lease liabilities 330.42 218.83 (iii) Trade payables (a) Total outstanding dues of micro enterprises and small enterprises 14,022.52 19,768.02 (b) Total outstanding dues of creditors other than micro enterprises and small enterprises 93,905.60 87,545.33 (iv) Other financial liabilities 10,456.31 8,291.87 (b) Other liabilities 36,209.21 36,122.05 (c) Provisions 13,047.11 12,501.61 (d) Tax liabilities (net) 4,235.09 2,137.38 1,84,698.92 1,67,771.32 2,25,909.52 2,10,541.57 Total Equity and Liabilities 11,49,379.68 10,97,441.25 See accompanying notes to the unaudited standalone financial results Total Liabilities Total Non-Current Assets Total Current Assets Total Equity Total Non-Current Liabilities Total Current Liabilities

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G R Infraprojects Limited Annexure 1 - Statement of Standalone Cash Flow ₹ in Lakhs Half year ended Half year ended 30 September 2026 30 September 2025 (Unaudited) (Unaudited) A Cash flows from operating activities Profit before tax 48,995.02 45,942.29 Adjustment to reconcile profit before tax to net cash flows: Depreciation and amortisation expense 8,670.27 10,347.65 Impairment allowances (Provision for doubtful trade receivable) 558.41 832.93 Reversal of provision for doubtful advances, net - (37.71) Share based payment expenses 52.15 358.17 Interest income on loan and other financial assets (7,638.98) (16,008.64) Dividend income from an associate - (2,103.03) Net gain on sale of current investments (918.37) (1,084.46) Net loss/(gain) on fair value on financial assets measured at FVTPL 18.33 (970.30) Net unrealised gain on account of foreign exchange fluctuation 336.85 (458.22) Net profit on sale of property, plant and equipment (1,679.12) (1,288.44) Finance costs 1,895.32 2,317.80 Operating Profit before Working Capital changes 50,289.88 37,848.04 Adjustments for changes in working capital : (Increase) /decrease in financial and non-financial assets (43,496.03) 11,443.53 (Increase) /decrease in inventories (10,308.60) (4,470.96) (Increase) /decrease in trade receivables (26,913.29) 14,750.17 Increase / (decrease) in trade payables 614.77 (8,942.57) Increase in provisions, financial and non-financial liabilities 2,619.18 3,343.63 Cash (used in) / generated from operating activities (27,194.09) 53,971.84 Income tax paid (net, of refunds) (11,256.76) (13,320.58) Net Cash (used in) / generated from operating activities (A) (38,450.85) 40,651.26 B Cash flows from investing activities (7,924.54) (7,457.30) (74.86) (31.99) Proceeds from sale of items of property, plant and equipment 6,207.99 4,085.66 Loans given to subsidiaries (825.23) (43,169.75) Loans repaid by subsidiaries and associate's subsidiaries 95.00 9,331.63 Investment in subsidiaries (including perpetual debts) (52,801.70) (25,079.24) Redemption of investment in perpetual debts - 1,292.69 Proceeds from sale of equity shares in subsidiary company 4,329.73 - Redemption of investment in associate 7,061.55 - Purchase of equity shares in subsidiaries (including loan) - (1,888.04) Redemption / (Purchase) of current investment (net) 21,733.47 (6,713.18) Changes in earmarked balance with banks 197.47 1,026.80 Investment in bank deposits having original maturity more than three months (1,812.27) (484.68) Redemptions in bank deposits having original maturity more than three months 18.95 14,312.30 Distribution/dividend received from associate - 2,103.03 Interest received 6,847.97 7,994.80 Net Cash (used in) investing activities (B) (16,946.47) (44,677.27) C Cash flows from financing activities Proceeds from issue of equity shares - 202.22 Dividend paid to shareholders (197.47) (1,026.80) Repayment of non-current borrowings - (26,246.16) Proceeds from current borrowings (net) 10,000.00 - Payment of lease liabilities (221.40) (293.39) Interest and finance charges paid (1,281.99) (3,056.19) Net cash generated from / (used in) financing activities (C) 8,299.14 (30,420.32) Net Increase in cash and cash equivalents (A+B+C) (47,098.18) (34,446.33) Cash and cash equivalents at the beginning of the year 65,627.69 42,327.35 Cash and cash equivalents at the end of the period 18,529.51 7,881.02 See accompanying notes to the unaudited standalone financial results Purchase of property, plant and equipment, capital work in progress and investment property Purchase of intangible assets and intangible under development

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B S R and Co Chartered Accountants 903 Commerce House V Near Vodafone House, Prahaladnagar Corporate Road, Ahmedabad 380 051 India Telephone: +91 (79) 7145 0001 Fax: +91 (79) 7145 0050 Principal Office: 14th Floor, Central B Wing and North C Wing, Nesco IT Park 4, Nesco Center, Western Express Highway, Goregaon (East), Mumbai - 400063 Page 1 of 5 Limited Review Report on unaudited consolidated financial results of G R Infraprojects Limited for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 pursuant to Regulation 33 and Regulation 52(4) read with Regulation 63 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. To the Board of Directors of G R Infraprojects Limited 1. We have reviewed the accompanying Statement of unaudited consolidated financial results of G R Infraprojects Limited (hereinafter referred to as “the Parent”), and its subsidiaries (the Parent and its subsidiaries together referred to as “the Group”) and its share of the net profit after tax and total comprehensive income of its associate for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 (“the Statement”) (in which are included interim financial information from seven of joint operations), being submitted by the Parent pursuant to the requirements of Regulation 33 and Regulation 52(4) read with Regulation 63 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations"). 2. This Statement, which is the responsibility of the Parent’s management and approved by the Parent’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, and other accounting principles generally accepted in India and in compliance with Regulation 33 and Regulation 52(4) read with Regulation 63 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 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 Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent applicable. 4. The Statement includes the results of the entities mentioned in Annexure I to the Statement: 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of the other auditors referred to in paragraph 7 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 the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 and Regulation 52(4) read with Regulation 63 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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BSRa n dC o Limited Review Report (Continued) G R Infraprojects Limited Page 2 of 5 6. The consolidated financial results of the Group and its associate for the year ended 31 March 2026 were audited by the predecessor auditor whose report dated 11 May 2026 had expressed an unmodified opinion. The consolidated financial results of the Group and its associate for the corresponding quarter ended 30 September 2025 and the corresponding period from 01 April 2025 to 30 September 2025 were reviewed by the predecessor auditor whose report dated 10 November 2025 had expressed an unmodified conclusion. 7. We did not review the interim financial information of 37 Subsidiaries included in the Statement, whose interim financial information reflect total assets (before consolidation adjustments) of Rs. 11,62,386.64 lakhs as at 30 September 2026 and total revenues (before consolidation adjustments) of Rs.1,64,887.92 lakhs and Rs. 3,32,086.54 lakhs, total net profit after tax (before consolidation adjustments) of Rs. 14,078.58 lakhs and Rs. 18,222.84 lakhs and total comprehensive income (before consolidation adjustments) of Rs. 14,078.54 lakhs and Rs 18,215.61 lakhs, for the quarter ended 30 September 2026 and for the period from 01 April 2026 to 30 September 2026 respectively, and cash outflows (net) (before consolidation adjustments) of Rs. (22,939.37) lakhs for the period from 01 April 2026 to 30 September 2026. as considered in the Statement. The Statement also include the Group’s share of net profit after tax of Rs. 6,618.31 lakhs and Rs.12,050.38 lakhs and total comprehensive income of Rs. 6,618.31 lakhs and Rs.12,050.38 lakhs, for the quarter ended 30 September 2026 and for the period from 01 April 2026 to 30 September 2026 respectively as considered in the Statement, in respect of one associate, whose interim financial results has not been reviewed by us. These interim financial information have been reviewed by other auditors whose report have been furnished to us by the Parent’s management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries/associate, is based solely on the report of the other auditors and the procedures performed by us as stated in paragraph 3 above. Our conclusion is not modified in respect of this matter. 8. The Statement includes the interim financial information of seven joint operations which have not been reviewed, whose interim financial information reflects total assets (before consolidation adjustments) of Rs. 17,474.34 lakhs as at 30 September 2026 and total revenues (before consolidation adjustments) of Rs. 6,838.36 lakhs and Rs. 15,674.10 lakhs, total net profit (loss) after tax (before consolidation adjustments) of Rs. (0.18) lakhs and Rs. (0.18) lakhs and total comprehensive income (before consolidation adjustments) of Rs. (0.18) lakhs and Rs (0.18) lakhs , for the quarter ended 30 September 2026 and for the period from 01 April 2026 to 30 September 2026 respectively, and cash inflows (net) (before consolidation adjustments) of Rs. 2,964.23 lakhs for the period from 01 April 2026 to 30 September 2026. as considered in the Statement. According to the information and explanations given to us by the Parent’s management, these interim financial information are not material to the Group. Our conclusion is not modified in respect of this matter. For B S R and Co Chartered Accountants Firm’s Registration No.:128510W Jeyur Shah Partner Ahmedabad Membership No.: 045754 04 November 2026 UDIN:26045754WNFPJK9242 Jeyur Bharatku mar Shah Digitally signed by Jeyur Bharatkumar Shah Date: 2026.11.04 18:43:04 +05'30'

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BSRa n dC o Limited Review Report (Continued) G R Infraprojects Limited Page 3 of 5 Annexure I List of entities included in unaudited consolidated financial results. Sr. No Name of component Relationship 1 G R Infraprojects Limited Parent Company 2 Reengus Sikar Expressway Limited Wholly Owned Subsidiary 3 Nagaur Mukundgarh Highways Private Limited Subsidiary 4 GR Shirsad Masvan Expressway Private Limited Wholly Owned Subsidiary 5 GR Amritsar Bathinda Highway Private Limited Wholly Owned Subsidiary 6 GR Ludhiana Rupnagar Highway Private Limited Wholly Owned Subsidiary 7 GR Bhimasar Bhuj Highway Private Limited Wholly Owned Subsidiary 8 GR Bamni Highway Private Limited Wholly Owned Subsidiary 9 GR Govindpur Rajura Highway Private Limited Wholly Owned Subsidiary 10 GR Madanapalli Pileru Highway Private Limited Wholly Owned Subsidiary 11 Rajgarh Transmission Limited Wholly Owned Subsidiary 12 GR Bandikui Jaipur Expressway Private Limited Wholly Owned Subsidiary 13 Maratha Skyride Ventures Private Limited Wholly Owned Subsidiary 14 GR Logistics Park (Indore) Private Limited Wholly Owned Subsidiary 15 GR Venkatpur Thallasenkesa Highway Private Limited Wholly Owned Subsidiary 16 GR Belgaum Raichur (Package-5) Highway Private Limited Wholly Owned Subsidiary 17 GR Belgaum Raichur (Package-6) Highway Private Limited Wholly Owned Subsidiary 18 GR Hasapur Badadal Highway Private Limited Wholly Owned Subsidiary 19 GR Devinagar Kasganj Highway Private Limited Wholly Owned Subsidiary

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BSRa n dC o Limited Review Report (Continued) G R Infraprojects Limited Page 4 of 5 20 GR Varanasi Kolkata Highway Private Limited Wholly Owned Subsidiary 21 GR Yamuna Bridge Highway Private Limited Wholly Owned Subsidiary 22 GR Kasganj Bypass Private Limited Wholly Owned Subsidiary 23 GR Tarakote Sanjichhat Ropeway Private Limited Wholly Owned Subsidiary 24 Pachora Power Transmission3ULYDWH Limited Wholly Owned Subsidiary 25 Tumkur-II REZ Power Transmission Limited Wholly Owned Subsidiary 26 Bijapur REZ Transmission3ULYDWH Limited Wholly Owned Subsidiary 27 Agra Gwalior Highway Private Limited Wholly Owned Subsidiary 28 Rajgarh Neemuch Power Transmission Limited Wholly Owned Subsidiary 29 Infra Fourmativ Private Limited Subsidiary 30 Indus Offshore Private Limited Subsidiary 31 Fouran Private Limited Wholly Owned Subsidiary 32 Fourci Warehouse-1 Private Limited Wholly Owned Subsidiary 33 Fourci Warehouse-2 Private Limited Wholly Owned Subsidiary 34 Munger Link Highway Private Limited Wholly Owned Subsidiary 35 Nasarpore Malotha Highway Private Limited Wholly Owned Subsidiary 36 Rajasthan Aerial Sky Safari Private Limited Wholly Owned Subsidiary 37 Fourci Warehouse -3 Private Limited Wholly Owned Subsidiary 38 )RXUZUGMMLP Varanasi Private Limited Wholly Owned Subsidiary 39 GRIL – MSKEL (JV) Joint Operation 40 SBEPL – GRIL (JV) Joint Operation 41 GR – Gawar (JV) Joint Operation

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BSRa n dC o Limited Review Report (Continued) G R Infraprojects Limited Page 5 of 5 42 GRIL - Cobra -KIEL (JV) Joint Operation 43 GR – Triveni (JV) Joint Operation 44 Ravi Infra – GRIL – Shivakriti (JV) Joint Operation 45 M/s. Dibang Power (Lot 4) Consortium Power Joint Operation 46 Indus Infra Trust Associate

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(₹ in lakhs except per share data) Year ended Particulars 30 September 2026 30 June 2026 30 September 2025 30 September 2026 30 September 2025 31 March 2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) I Revenue from operations 2,32,541.78 2,78,411.09 1,60,213.96 5,10,952.87 3,58,992.95 8,39,861.89 II Other income 4,904.39 4,508.50 2,400.94 9,412.89 6,353.36 12,865.06 III Total income ( I + II ) 2,37,446.17 2,82,919.59 1,62,614.90 5,20,365.76 3,65,346.31 8,52,726.95 IV Expenses (a) Cost of material consumed 15,020.75 14,168.78 8,380.31 29,189.53 18,721.10 42,201.32 (b) Construction expenses 1,55,322.99 1,92,488.82 88,551.80 3,47,811.81 2,17,076.97 5,41,936.90 (c) (Increase) / decrease in inventories of finished goods and work in progress (1,333.42) (543.49) (304.23) (1,876.91) (611.39) (1,794.12) (d) Employee benefits expense (refer note 8) 17,277.75 15,807.10 13,931.63 33,084.85 28,801.13 60,370.55 (e) Finance costs 11,016.62 10,265.03 12,560.23 21,281.65 24,232.89 50,797.04 (f) Depreciation and amortisation expense 4,464.81 4,604.03 5,092.01 9,068.84 10,323.52 19,881.14 (g) Other expenses 2,933.05 9,710.00 10,950.60 12,643.05 16,487.19 34,980.76 Total expenses (IV) 2,04,702.55 2,46,500.27 1,39,162.35 4,51,202.82 3,15,031.41 7,48,373.59 V Profit before share of profit of an associate, exceptional items and tax (III-IV) 32,743.62 36,419.32 23,452.55 69,162.94 50,314.90 1,04,353.36 VI Share of profit of an associate 6,618.31 5,431.77 2,586.69 12,050.08 7,837.72 16,667.80 VII Profit before exceptional items and tax (V+VI) 39,361.93 41,851.09 26,039.24 81,213.02 58,152.62 1,21,021.16 VIII Exceptional items (refer note 6) - 6,121.44 - 6,121.44 - 4,746.58 IX Profit before tax (VII+VIII) 39,361.93 47,972.53 26,039.24 87,334.46 58,152.62 1,25,767.74 X Tax expense (a) Current tax 7,378.98 8,119.67 5,559.43 15,498.65 13,382.71 34,136.28 (b) Adjustment provision of tax relating to earlier period/year (net) - - - - - 477.46 (c) Deferred tax charge 2,952.70 4,073.77 1,523.51 7,026.47 1,372.98 896.19 Total Income tax expense (X) 10,331.68 12,193.44 7,082.94 22,525.12 14,755.69 35,509.93 XI Profit for the period / year (IX-X) 29,030.25 35,779.09 18,956.30 64,809.34 43,396.93 90,257.81 XII Other comprehensive income Items that will not be reclassified to profit or loss in subsequent period/year : (a) Re-measurements gain / (loss) of defined benefit plans 39.83 32.61 (92.45) 72.44 (184.90) 272.30 (31.89) 19.65 (9.83) (12.24) 13.38 (18.86) (2.74) (14.53) 25.52 (17.27) 43.47 (62.40) Total other comprehensive income / (loss) ( net of tax ) (XII) 5.20 37.73 (76.76) 42.93 (128.05) 191.04 XIII Total comprehensive income for the period / year ( net of tax ) (XI+XII) 29,035.45 35,816.82 18,879.54 64,852.27 43,268.88 90,448.85 Profit for the period/ year attributable to: - Owner of the parent 29,271.89 35,729.16 19,261.68 65,001.05 43,667.30 90,284.14 - Non controlling interests (241.64) 49.93 (305.38) (191.71) (270.37) (26.33) Total other comprehensive income / (loss) for the period/ year attributable to: - Owner of the parent 5.20 37.73 (76.76) 42.93 (128.05) 191.04 - Non controlling interests - - - - - - Total comprehensive income for the period/year attributable to: - Owner of the parent 29,277.09 35,766.89 19,184.92 65,043.98 43,539.25 90,475.18 - Non controlling interests (241.64) 49.93 (305.38) (191.71) (270.37) (26.3 3) XIV Paid up equity share capital (Face value of ₹ 5/- each) 4,838.04 4,838.04 4,838.04 4,838.04 4,838.04 4,838.04 XV Other equity (excluding revaluation reserves) as at balance sheet date 9,33,126.88 XVI - Basic earning per share - ( ₹) 30.25 36.93 19.91 67.18 45.14 93.31 - Diluted earning per share - ( ₹) 30.26 36.93 19.90 67.19 45.12 93.30 See accompanying notes to the unaudited consolidated financial results. (b) Net (loss) / gain on equity instruments through OCI Half year ended G R INFRAPROJECTS LIMITED Sl. No. (c) Income tax relating to above Earnings per share (EPS) - ( ₹) (of ₹ 5/- each) (not annualised for quarters) Quarter ended STATEMENT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30 ,2026 Registered Office: Revenue Block No.-223, Old survey No. 384/1, 384/2, Paiki and 384/3, Khata No. 464, Kochariya, Ahmedabad, Gujarat - 382220. CIN: L45201GJ1995PLC098652

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G R Infraprojects Limited NOTES: 1 2 The Group’s share in the income and expens es of the joint operations is as under: (₹ in lakhs) Year ended 30 September 2026 30 June 2026 30 September 2025 30 September 2026 30 September 2025 31 March 2026 Revenue (including other income) 6,838.36 8,835.74 4,956.41 15,674.10 11,601.19 25,624.00 Expenses (including income tax expense) 6,838.54 8,835.74 4,956.41 15,674.28 11,601.19 25,653.15 Share of (loss) / Profit in joint operations (0.18) - - (0.18) - (29.15) 3 Particulars Year ended 30 September 2026 30 June 2026 30 September 2025 30 September 2026 30 September 2025 31 March 2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) 1 29,030.25 35,779.09 18,956.30 64,809.34 43,396.93 90,257.81 2 9,96,744.05 9,67,778.47 8,87,467.27 9,96,744.05 8,87,467.27 9,31,971.64 30.25 36.93 19.91 67.18 45.14 93.31 30.26 36.93 19.90 67.19 45.12 93.30 4 550.16 550.16 550.16 550.16 550.16 550.16 5 100.00 200.00 300.00 100.00 300.00 200.00 6 0.60 0.55 0.63 0.60 0.63 0.52 7 2.00 3.34 1.17 2.49 1.31 1.50 8 4.61 5.47 3.17 5.01 3.51 3.47 9 3.03 3.09 3.42 3.03 3.42 3.54 10 1.30 1.24 1.50 1.30 1.50 1.00 11 - - - - - 0.05 12 0.28 0.28 0.21 0.28 0.21 0.29 13 0.33 0.31 0.34 0.33 0.34 0.30 14 0.92 1.24 0.72 1.09 0.85 1.03 15 3.15 3.31 2.80 3.29 3.67 3.29 16 18.63% 16.80% 24.16% 17.63% 21.87% 19.31% 17 12.48% 12.85% 11.83% 12.68% 12.09% 10.75% Debt Equity Ratio (in times) ( Total Debt / Total Equity ) Total Debt = Debt comprises of current borrowings (including current maturities of non current borrowings) and non current borrowings. Total Equity = Net worth (Net worth is calculated as per section 2(57) of the Companies Act, 2013) Capital redemption reserve (₹ in lakhs) The above unaudited consolidated financial results for the quarter and half year ended September 30, 2026 ('the Statement') of G R Infraprojects Limi ted ('the Company' or 'the Holding Company/Parent') and its subsidiaries (collectively referred as a 'Group '), its associate and joint operations which are published in accordance w ith Regulation 33 and 52 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requiremen ts) Regulations, 2015 as amended ('Listing Regulations'), have been rev iewed and recommended by the Audit Committee and thereafter approved by the Board of Directors in their respective meetings held on November 4, 2026. These unaudited consolidate d financial results are prepared in accordance with the Companies (Indian Accounting Standards) Rules 2015 ( as amended) ("Ind AS") prescribed under section 133 of Companies Act, 2013 a nd the other recognised accounting practices and policies to the extent applicable. The statutory auditor has performed limited review on these consoli dated financial results. Half year ended Profit after tax (₹ in lakhs) - Diluted earning per share Debenture redemption reserve (₹ in lakhs) Current liability ratio ( in times) (Current liabilities / Total liabilities) Inventory turnover ratio ( in times) (Cost of goods sold (annualised) / average inventory) Debt Service Coverage Ratio (in times) (Profit after tax + interest expense + depreciation and amortisation expense + loss/(profit) on sale of PPE - exceptional items)/(principal repayment of non-current borrowings made during the quarter/year + interest expenses + lease payment) Half year ended Additional information as per regulation 52(4) of the Securities and Exchange Board of India (Listing Obligations and Disclosur e Requirements) Regulations, 2015, as amended : Interest Service Coverage Ratio(in times) (Profit before tax and exceptional items + total interest expense )/(total interest expense) Long term debt to working capital (in times) (Non current borrowing including current maturity) / (current assets - current liabilities)) Net profit margin (%) (Profit for the period or year / revenue from operations) Net worth (₹ in lakhs) (Net worth is calculated as per section 2(57) of the Companies Act, 2013) Earnings per share (not annualised for the quarters and half years) ( ₹) - Basic earning per share 3 Quarter endedParticulars Sl. No. Quarter ended The above financial information for the respective quarters, half year and year ended is solely based on management accounts and has not been subjecte d to review / audit by any auditor. In view of management, these joint operations are not material to overall performance and results of the Group. Debtor turnover ratio (in times) (Revenue from operation (annualised) /Average account receivable) Average account receivable = Average trade receivables + average contract assets + average receivable under service concession) Operating margin (%) (Profit before Interest, depreciation, exceptional items, share of profit of an associate and tax less other income/revenue from operations) Current Ratio (in times) (Current assets / Current liabilities) Bad debts to accounts receivable ratio (in times) (Trade receivable written off / Average account receivable) Total Debt to Total assets (in times) (Total debt / Total assets) Total Debt = Debt comprises of current borrowings (including current maturities of non current borrowings) and non current borrowings.

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NOTES (continued) : G R Infraprojects Limited 4 (a) (b) 5 6 Exceptional items (a) (b) 7 8 9 The listed non-convertible debentures of the Group aggregating to : (i) In case of the holding company, the outstanding amount of ₹ 21,500.00 lakhs as on September 30, 2026 are unsecured. (ii) In case of Rajgarh Transmission Limited, subsidiary company, the outstanding amount of ₹ 29,174.15 lakhs as on September 30, 2026 are secured by way of charge on current assets, escrow bank account and lien on 51% equity shares held by holding company. Th e security cover as on September 30, 2026 is 1.37 times of the principal amou nt outstanding of the said Non-Convertible Debentures. During the quarter ended 30 June 2026, the Indus Infra Trust, an associate of the company, has completed its Qualified Institutional Placement (QIP) a nd issued additional units on preferential basis to its sponsor. Pursuant to it , the Group's ownership interest in the associate reduced from 43.56% to 31.58%, while continuing to retain significant influence. Accordingly, the investment continues to be accounted for using the equity method. Consequent to above, the Group recognised a gain of ₹ 6,121.44 lakhs in the consolidated Statement of Profit and Loss as an exceptional item. The Government of India has consolidated 29 existing labour legislations into a united framework comprising four Labour Code viz Code on wages 2019, C ode on Social Security 2020, Industrial Relation Code 2020, and Occupational Safety, Health and Working Condition Code 2020 (collectively referred to as the ‘Codes’). The Codes have been made effective from 21 November, 2025. Based on the information available and in accordance with guidance issued by the Institute of Chartered Accountants of India, the company has estimat ed and recognised the incremental liability of ₹ 2,427.30 lakhs, as past service cost on post employment defined benefits for its employees in these consolidated financial results during the year ended 31 March 2026.. During the quarter and year ended March 31, 2026, the Company has sold 100% equity stake in its wholly owned subsidiaries, namely GR Bahadurganj Araria Highway Private Limited (“GRBAHPL”), GR Ena Kim Expressway Private Limited (“GRENEPL”), GR Bilasp ur Urga Highway Private Limited (“GRBUHPL”), and GR Ujjain Badnawar Highw ay Private Limited (“GRUBHPL”), to Indus Infra Trust pursuant to Share Purchase Agreements d ated December 29, 2025 for GRBAHPL and March 24, 2026 for GRENEPL, GRBUHPL, a nd GRUBHPL. The equity shares were sold for an aggregate consideration of ₹ 4,793.31 lakhs (including deferred consideration of ₹ 873.73 lakhs), ₹ 15,378.00 lakhs (including deferred consideration of ₹ 3,242.77 lakhs), ₹ 10,293.01 lakhs (including deferred consideration of ₹ 2,201.94 lakhs), and ₹ 1,650.94 lakhs in respect of GRBAHPL, GRENEPL, GRBUHP and GRUBHPL respectively. As a result of the above transactions, the Company recognised gains of ₹ 1,154.41 lakhs, ₹ 3,582.18 lakhs, ₹ 4.99 lakhs, and ₹ 5 lakhs from the sale of GRBAHPL, GRENEPL, GRBUHPL and GRUBHPL, respectively which has been disclosed as exceptional items in these consolidated financial results under respective period. During the year ended March 31, 2026, the Company acquired 100% of equity shares in Rajgarh Neemach Power Transmission Limited (“RNPT”) for total cons ideration of ₹ 1,888.04 lakhs as per the share purchase agreement entered with REC Power Development and Cons ultancy Limited (“RECPDCL”), dated 29th September 2025 pursuant to bi d condition, considering that the Company was identified as selected bidder vide letter of intent dated August 27, 2025 for the project "Transmission system for evacuation of p ower from RE projects in Neemach (1000 MW) SEZ in Madhya Pradesh - Phase II through tariff based competitive bidding process (TBCB)". This has been accounted as asset acquisition in th ese consolidated financial results. During the quarter, the Company issued a notice of termination to one of custom er in respect of a EPC contract . Subsequently, the customer also issued a notice of termination in respect of the said contracts and invoked the advance bank guarantee of Rs 4,952.59 lakhs again st mobilisation advance received, and performance surety bond s of Rs 4,133.71 lakhs provided by the Company . Thereafter, discussions were held between the parties on 10 October 2026 to explore an amicable resolution of the matter and possible rev ival of the contracts. The discussions are at an advanced stage, and management believes they will be able to arrive at amicable resolution however the proposed revival plan is s ubject to finalisation of mutually acceptable terms and requisite approvals among both the parties. Accordingly, no financial impact in respect of the aforesaid matter has been recogn ised in these consolidated financial results for the quarter and half-year ended 30 September 2026. In June 2022, the Central Bureau of Investigation (CBI) registered a case under the Prevention of Corruption Act, 1988 read with the Indian Penal Code, 1860 and took into custody three employees of the Company. Subsequently, all three employees of the Company were granted bail and the Company appeared before the Gauhati High Court th rough its authorised representative. The Company has challenged its involvement before the Gauhati High Court, which has granted a stay on the proceedings. As at the repor ting date, while the chargesheet filed by the CBI includes both the Company as well as the said employees, the matter continues to remain sub judice, and is cur rently pending before the Gauhati High Court. The ultimate outcome and financial impact, if any, of the aforementioned matters are dependent upon the conclusion of the ongoing judicial proceedin gs. Accordingly, no liability has been recognised in the financial results in this regard. During the year ended 31 March 2026, the Income Tax Department ("the Departm ent") conducted a search under Section 132 of the Income Tax Act, 1961 ("the Act") at certain premises of the Company, as well as the residence of Promoters, members of the promoter group, and certain senior management employees of the Company. The Company extended full cooperation during the search proceedings and furnished all information and documents sought by the Department. As at the reporting date, no assessment order, ta x demand, penalty notice or other adverse communication has been received from the Department. The business and operations of the Company have continued without disruption.

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NOTES (continued) : G R Infraprojects Limited 10 Consolidated segment wise revenue , results and capital employed : (₹ in Lakhs) Year ended 30 September 2026 30 June 2026 30 September 2025 30 September 2026 30 September 2025 31 March 2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) 1. Segment Revenue Engineering, Procurement and Construction 50,615.03 89,220.93 32,006.06 1,39,835.96 59,160.85 2,32,484.35 Build, Operate and Transfer (BOT) / Annuity Projects 1,64,302.22 1,71,295.86 1,15,375.71 3,35,598.08 2,71,276.38 5,47,609.16 Others 17,624.53 17,894.30 12,832.19 35,518.83 28,555.72 59,768.38 Revenue from operations 2,32,541.78 2,78,411.09 1,60,213.96 5,10,952.87 3,58,992.95 8,39,861.89 2. Segment Results Engineering, Procurement and Construction 5,079.57 14,228.76 3,692.28 19,308.33 5,350.86 29,318.55 Build, Operate and Transfer (BOT) / Annuity Projects 35,917.83 29,429.85 30,253.00 65,347.68 62,261.65 1,18,139.51 Others 1,615.57 2,216.04 2,859.23 3,831.61 6,985.75 10,873.48 Total 42,612.97 45,874.65 36,804.51 88,487.62 74,598.26 1,58,331.54 3. Add / (Less) Finance costs (11,016.62) (10,265.03) (12,560.23) (21,281.65) (24,232.89) (50,797.04) Unallocated expenses (3,757.12) (3,698.80) (3,192.67) (7,455.92) (6,403.83) (16,046.20) Other income 4,904.39 4,508.50 2,400.94 9,412.89 6,353.36 12,865.06 Profit before share of profit in an associate, exceptional items and tax 32,743.62 36,419.32 23,452.55 69,162.94 50,314.90 1,04,353.36 Share of Profit in an associate 6,618.31 5,431.77 2,586.69 12,050.08 7,837.72 16,667.80 Profit before exceptional items and tax 39,361.93 41,851.09 26,039.24 81,213.02 58,152.62 1,21,021.16 Exceptional items (refer note 6 ) - 6,121.44 - 6,121.44 - 4,746.58 Profit before tax 39,361.93 47,972.53 26,039.24 87,334.46 58,152.62 1,25,767.74 4. Segment Assets Engineering, Procurement and Construction 93,407.18 46,859.01 1,09,077.88 93,407.18 1,09,077.88 1,83,553.42 Build, Operate and Transfer (BOT) / Annuity Projects 13,23,840.69 12,72,404.70 11,62,652.67 13,23,840.69 11,62,652.67 9,87,111.12 Others 70,481.77 72,175.52 39,956.36 70,481.77 39,956.36 53,179.21 Total 14,87,729.64 13,91,439.23 13,11,686.91 14,87,729.64 13,11,686.91 12,23,843.75 Add : Unallocated 3,13,906.89 3,04,923.77 3,21,412.21 3,13,906.89 3,21,412.21 3,80,969.47 Total Assets 18,01,636.53 16,96,363.00 16,33,099.12 18,01,636.53 16,33,099.12 16,04,813.22 5. Segment Liabilities Engineering, Procurement and Construction 79,665.84 73,084.38 64,853.94 79,665.84 64,853.94 61,655.76 Build, Operate and Transfer (BOT) / Annuity Projects 6,50,359.33 5,96,174.74 6,26,578.94 6,50,359.33 6,26,578.94 5,55,629.15 Others 5,975.85 5,587.77 3,989.60 5,975.85 3,989.60 8,646.40 Total 7,36,001.02 6,74,846.89 6,95,422.48 7,36,001.02 6,95,422.48 6,25,931.31 Add : Unallocated 61,427.38 46,544.69 43,527.02 61,427.38 43,527.02 39,776.01 Total Liabilities 7,97,428.40 7,21,391.58 7,38,949.50 7,97,428.40 7,38,949.50 6,65,707.32 11 12 For G R Infraprojects Limited Ajendra Kumar Agarwal Chairman & Managing Director DIN: 01147897 Place : Gurugram Date : 4 November 2026 Half year ended Unaudited statement of consolidated cash flow for the half year ended September 30, 2026 and September 30, 2025 is given in Ann exure I Investor can view the unaudited consolidated financial results of the Group for the quarter and half year ended September 30, 2026 on the Holding Compa ny’s website www.grinfra.com or on the website of the stock exchange www.bseindia.com and www.nseindia.com. The Group has reported segment information as per Indian Accounting Standard 108 "Operating Segment". The identification of operating segment is co nsistent with performance assessment and resource allocation by the management. The main business segments are : a. Engineering, Procurement and Construction includes Construction activity for roads, railways and other infra facilities. b. Build, Operate and Transfer (BOT) / Annuity projects segment consist of construction, operation and maintenance of roads and other infra assets under concession agreements. c. Others segment consist of sale of products, job work charges and other operating in come. The assets and liabilities that cannot be allocated between the segm ents are shown as unallocated assets and liabilities respectively. Particulars Quarter ended AJENDRA KUMAR AGARWAL Digitally signed by AJENDRA KUMAR AGARWAL Date: 2026.11.04 18:27:13 +05'30' Jeyur Bharatku mar Shah Digitally signed by Jeyur Bharatkumar Shah Date: 2026.11.04 18:46:19 +05'30'

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G R Infraprojects Limited Consolidated Statement of Assets and Liabilities ₹ in Lakhs As at As at 30 September 2026 31 March 2026 (Unaudited) (Audited) Assets Non-current assets (a) Property, plant and equipment 1,08,412.20 99,672.78 (b) Capital work-in-progress 17,442.89 10,583.89 (c) Investment properties 7,828.89 7,735.47 (d) Intangible assets 101.84 115.95 (e) Right of use assets 4,313.88 2,822.91 (f) Intangible asset under development 124.29 271.20 (g) Investment accounted for using equity method 2,13,754.41 2,09,185.06 (h) Financial assets (i) Investments 235.98 248.15 (ii) Other financial assets 4,37,010.50 3,83,541.42 (i) Deferred tax assets (net) 1,856.25 1,097.50 (j) Income tax assets (net) 10,248.37 6,909.26 (k) Other assets 3,31,765.66 2,07,294.91 11,33,095.16 9,29,478.50 Current assets (a) Inventories 1,01,351.81 98,623.12 (b) Financial assets (i) Investments 10,939.28 27,661.02 (ii) Trade receivables 1,18,063.25 74,494.45 (iii) Cash and cash equivalents 29,032.28 98,348.36 (iv) Bank balances other than (iii) above 34,178.45 22,860.19 (v) Other financial assets 76,736.88 65,180.26 (c) Other assets 2,98,239.42 2,88,167.32 6,68,541.37 6,75,334.72 Total Assets 18,01,636.53 16,04,813.22 Equity and liabilities Equity (a) Equity share capital 4,838.04 4,838.04 (b) Other equity 9,98,222.37 9,33,126.88 10,03,060.41 9,37,964.92 Non - controlling interest 1,147.72 1,140.98 10,04,208.13 9,39,105.90 Liabilities Non-current liabilities (a) Financial liabilities (i) Borrowings 5,51,308.99 4,58,833.07 (ii) Lease liabilities 3,223.07 1,912.76 (b) Provisions 1,891.04 1,896.35 (c) Deferred tax liabilities (net) 20,087.63 12,285.15 5,76,510.73 4,74,927.33 Current liabilities (a) Financial liabilities (i) Borrowings 42,530.46 25,707.57 (ii) Lease liabilities 1,032.84 728.44 (iii) Trade payables (a) Total outstanding dues of micro enterprises and small enterprises 15,203.59 21,526.86 (b) Total outstanding dues of creditors other than micro enterprises and small enterprises 1,00,435.63 88,986.22 (iv) Other financial liabilities 11,820.35 8,399.32 (b) Other liabilities 32,418.38 30,470.04 (c) Provisions 13,047.11 12,501.61 (d) Tax liabilities (net) 4,429.31 2,459.93 2,20,917.67 1,90,779.99 7,97,428.40 6,65,707.32 Total Equity and Liabilities 18,01,636.53 16,04,813.22 See accompanying notes to the unaudited consolidated financial results Total Liabilities Total equity Total Non-Current Assets Total Current Assets Equity attributable to owner of the parent Total Non-Current Liabilities Total Current Liabilities

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G R Infraprojects Limited Annexure 1 - Statement of Consolidated Cash Flow ₹ in Lakhs Half year ended Half year ended 30 September 2026 30 September 2025 (Unaudited) (Unaudited) A Cash Flows from Operating Activities Profit before tax 87,334.46 58,152.62 Adjustment to reconcile profit before tax to net cash flows: Depreciation and amortisation expenses 9,068.84 10,323.52 Impairment allowances (Provision for doubtful trade receivable) 1,359.75 - Impairment loss of trade receivables (Bad debts written off) - 3,558.21 Liabilities no longer payable written back - (41.69) Exceptional items (refer note 6) (6,121.44) - Share based payment expenses 52.15 358.17 Interest income on financial assets (1,233.27) (1,346.37) Share of profit in an associate (12,050.08) (7,837.72) Net gain on sale of current investments (989.63) (1,180.50) Net loss/(gain) on fair value on financial assets measured at FVTPL - (980.92) Finance income on financial assets / contract assets (45,923.15) (42,879.98) Net unrealised gain on account of foreign exchange fluctuation 2,384.90 (458.22) Net profit on sale of property, plant and equipment (1,679.12) (1,287.50) Finance costs 21,281.65 24,232.89 Operating Profit before Working Capital changes 53,485.06 40,612.51 Adjustment for changes in working capital : (Increase) in financial and non financial assets (41,167.60) (47,988.32) (Increase) in receivable from service concession arrangements (1,45,116.15) (99,682.15) (Increase) in inventories (2,728.69) (11,888.37) (Increase) in trade receivables (44,928.55) (637.09) Increase / (decrease) in trade payables 5,126.14 (8,580.89) Increase in provisions, financial and non financial liabilities 4,816.91 2,238.89 Cash (used in) operating activities (1,70,512.88) (1,25,925.42) Income tax paid (net, of refunds) (16,868.39) (16,971.31) Net Cash (used in) operating activities (A) (1,87,381.27) (1,42,896.73) B Cash Flows from Investing Activities Purchase of property, plant and equipment, capital work in progress and Investment properties (28,285.63) (10,301.10) Purchase of intangible asset under development and intangible assets (74.87) (2,170.77) Proceeds from sale of items of property, plant and equipment 6,207.99 4,085.67 Proceeds from sale of equity shares in subsidiary company 4,329.73 - Redemption of investment in associate 7,061.55 1,292.69 Acquisition of subsidiaries, net of cash and cash equivalents - (1,883.04) Distribution/dividend received from associate - 2,103.03 Changes in earmarked balance with banks 197.47 1,026.80 Redemption / (Purchase) of current investments (net) 17,711.37 (9,807.68) Investment in bank deposits having original maturity more than three months (18,151.21) (15,551.68) Redemptions in bank deposits having original maturity more than three months 5,631.37 21,795.77 Interest received 35,867.10 27,406.65 Net Cash generated from investing activities (B) 30,494.87 17,996.34 C Cash Flows from Financing Activities Proceeds from issue of equity shares in Subsidiary 197.80 202.22 Dividend paid to shareholders (197.47) (1,026.80) Proceeds from non-current borrowings 1,12,997.50 1,37,788.47 Repayment of non-current borrowings (13,589.51) (34,355.97) Proceeds of current borrowings (net) 10,000.00 - Payment of lease liabilities (547.15) (293.39) Interest and finance charges paid (21,290.85) (24,583.05) Net cash generated from financing activities (C) 87,570.32 77,731.48 Net Increase in cash and cash equivalents (A+B+C) (69,316.08) (47,168.91) Cash and cash equivalents at the beginning of the year 98,348.36 64,921.52 Held for sale - (845.62) Cash and cash equivalents at the end of the period 29,032.28 16,906.99 See accompanying notes to the unaudited consolidated financial results

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Amount in (Lakhs) Details of the party (listed entity /subsidiary) entering into the transaction Name Name Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedne ss (loan/ issuance of debt/ any other etc.) Details of other indebtedne ss Cost Tenure Nature (loan/ advance/ intercorpor ate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage) Notes 1 G R Infraprojects Limited Mr. Ajendra Kumar Agarwal Managing Director Any other transaction Rent paid 0.00 NA 0.13 0.00 0.00 2 G R Infraprojects Limited Mr. Purshottam Agarwal Promoter and Brother of Mr. Ajendra Kumar Agarwal & Mr. Vinod Kumar Agarwal Any other transaction Rent paid 180.00 NA 1.44 0.00 0.00 3 G R Infraprojects Limited Mrs. Lalita Agarwal Spouse of Mr. Ajendra Kumar Agarwal Any other transaction Rent paid 12.00 NA 3.00 0.00 0.00 4 G R Infraprojects Limited Mrs. Suman Agarwal Spouse of Mr. Vinod Kumar Agarwal Any other transaction Rent paid 8.00 NA 1.40 0.00 0.00 5 G R Infraprojects Limited Mr. Ajendra Kumar Agarwal Managing Director & Promoter Remuneration 1000.00 this approval includes value of sr. no. 1 and 5 489.65 0.00 0.00 6 G R Infraprojects Limited Mr. Vikas Agarwal Wholetime Director Remuneration 700.00 NA 285.00 0.00 0.00 7 G R Infraprojects Limited Mr. Ashwin Agarwal Whole time Director Remuneration 400.00 NA 70.16 0.00 0.00 8 G R Infraprojects Limited Mr. Anand Rathi Chief Financial Officer Remuneration NA 103.46 0.00 0.00 9 G R Infraprojects Limited Mr. Sudhir Mutha Company Secretary Remuneration NA 25.34 0.00 0.00 10 G R Infraprojects Limited Mr. Devki Nandan Agarwal Brother of Mr. Ajendra Kumar Agarwal &Father of Mr. Vikas Agarwal Remuneration 500.00 NA 240.00 0.00 0.00 11 G R Infraprojects Limited Mr. Mahendra kumar Agarwal Brother of Mr. Ajendra Kumar Agarwal Remuneration 500.00 NA 240.00 0.00 0.00 12 G R Infraprojects Limited Mr. Archit Agarwal Son of Mr. Ajendra Kumar Agarwal Remuneration 500.00 NA 120.00 0.00 0.00 13 G R Infraprojects Limited Mrs. Khyati Agarwal Wife of Ashwin Agarwal- wholetime director Remuneration 48.00 NA 3.35 0.00 0.00 14 G R Infraprojects Limited Mr. Desh Raj Dogra Non-executive Independent Director Any other transaction Sitting fees NA 1.00 0.00 0.00 15 G R Infraprojects Limited Mrs. Kalpana Gupta Non-executive Independent Director Any other transaction Sitting fees NA 3.80 0.00 0.00 16 G R Infraprojects Limited Mr. Rajendra Kumar Jain Non-executive Independent Director Any other transaction Sitting fees NA 2.30 0.00 0.00 17 G R Infraprojects Limited Mr. Rajan Malhotra Non-executive Independent Director Any other transaction Sitting fees NA 3.35 0.00 0.00 18 G R Infraprojects Limited Mr. Ajendra Kumar Agarwal Managing Director & Promoter Any other transaction Balance outstandin g NA 0.00 273.64 200.03 19 G R Infraprojects Limited Mr. Vikas Agarwal Wholetime Director Any other transaction Balance outstandin g NA 0.00 91.77 36.33 20 G R Infraprojects Limited Mr. Anand Rathi CFO Any other transaction Balance outstandin g NA 0.00 4.17 17.24 21 G R Infraprojects Limited Mr. Sudhir Mutha CS Any other transaction Balance outstandin g NA 0.00 3.37 4.22 22 G R Infraprojects Limited Mr. Devki Nandan Agarwal Brother of Mr. Ajendra Kumar Agarwal &Father of Mr. Vikas Agarwal Any other transaction Balance outstandin g NA 0.00 26.80 40.00 23 G R Infraprojects Limited Mr. Mahendra Kumar Agarwal Brother of Mr. Ajendra Kumar Agarwal Any other transaction Balance outstandin g NA 0.00 26.80 40.00 24 G R Infraprojects Limited Mrs. Lalita Agarwal Wife of Mr. Ajendra Kumar Agarwal Any other transaction Balance outstandin g NA 0.00 0.00 3.00 Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter- Sr. No. Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Home Delete Add

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25 G R Infraprojects Limited Mr. Archit Agarwal Son of Mr. Ajendra Kumar Agarwal Any other transaction Balance outstandin g NA 0.00 4.13 20.00 26 G R Infraprojects Limited Reengus Sikar Expressway Limited Wholly Owned Subsidiary Sale of goods or services 8000.00 this approval includes value of sr. no. 26, 88,90, 105, 113 & 141 2366.86 0.00 0.00 27 G R Infraprojects Limited Nagaur Mukundgarh Highways Private Limited Subsidiary Sale of goods or services 31000.00 this approval includes value of sr. no. 27,85,88,91,101,11 4 &142 5446.21 0.00 0.00 28 G R Infraprojects Limited GR Shirsad Masvan Expressway Private Limited Wholly Owned Subsidiary Sale of goods or services 39000.00 this approval includes value of Sr. no.28,54,100,115,1 70 19545.74 0.00 0.00 29 G R Infraprojects Limited GR Amritsar Bathinda Highway Private Limited Wholly Owned Subsidiary Sale of goods or services 43000.00 this approval includes value of sr. no. 29,55,94,116,143 9606.59 0.00 0.00 30 G R Infraprojects Limited GR Ludhiana Rupnagar Highway Private Limited Wholly Owned Subsidiary Sale of goods or services 48000.00 this approval includes value of sr. no. 30,56,117,144 7066.05 0.00 0.00 31 G R Infraprojects Limited GR Madanapalli Pileru Highway Private Limited Wholly Owned Subsidiary Sale of goods or services 13000.00 this approval includes value of sr. no. 31, 57,96,119,171 4268.30 0.00 0.00 32 G R Infraprojects Limited GR Bhimasar Bhuj Highway Private Limited Wholly Owned Subsidiary Sale of goods or services 11000.00 this approval includes value of sr. no. 32,57,96,119,171 198.06 0.00 0.00 33 G R Infraprojects Limited GR Bandikui Jaipur Expressway Private Limited Wholly Owned Subsidiary Sale of goods or services 8000.00 this approval includes value of sr. no. 33,87,95,120,167 610.00 0.00 0.00 34 G R Infraprojects Limited GR Govindpur Rajura Highway Private Limited Wholly Owned Subsidiary Sale of goods or services 7000.00 this approval includes value of sr. no. 34, 59,98,121,182 400.00 0.00 0.00 35 G R Infraprojects Limited Rajgarh Transmission Limited Wholly Owned Subsidiary Sale of goods or services 1000.00 this approval includes value of sr. no. 35,86,107,123,145 47.94 0.00 0.00 36 G R Infraprojects Limited GR Devinagar Kasganj Highway Private Limited Wholly Owned Subsidiary Sale of goods or services 76000.00 this approval includes value of sr. no. 36, 102,127,151 34465.57 0.00 0.00 37 G R Infraprojects Limited GR Belgaum Raichur (Package-5) Highway Private Limited Wholly Owned Subsidiary Sale of goods or services 58000.00 this approval includes value of sr. no. 37,64,108,126,146 10233.92 0.00 0.00 38 G R Infraprojects Limited GR Venkatpur Thallasenkesa Highway Private Limited Wholly Owned Subsidiary Sale of goods or services 46000.00 this approval includes value of sr. no. 38, 63,103,134,148 22203.72 0.00 0.00 39 G R Infraprojects Limited GR Hasapur Badadal Highway Private Limited Wholly Owned Subsidiary Sale of goods or services 65000.00 this approval includes value of sr. no. 39,66,109,131,153 18932.30 0.00 0.00 40 G R Infraprojects Limited GR Varanasi Kolkata Highway Private Limited Wholly Owned Subsidiary Sale of goods or services 84000.00 this approval includes value of sr. no. 40,68,111,125,149 24247.54 0.00 0.00 41 G R Infraprojects Limited GR Yamuna Bridge Highway Private Limited Wholly Owned Subsidiary Sale of goods or services 21000.00 this approval includes value of sr. no. 41,69,104,124,155 15294.88 0.00 0.00

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42 G R Infraprojects Limited GR Kasganj Bypass Private Limited Wholly Owned Subsidiary Sale of goods or services 69000.00 this approval includes value of sr. no. 42,70,110,129,154 23099.64 0.00 0.00 43 G R Infraprojects Limited GR Belgaum Raichur (Package-6) Highway Private Limited Wholly Owned Subsidiary Sale of goods or services 54000.00 this approval includes value of sr. no. 43,65,106,123,147 16677.33 0.00 0.00 44 G R Infraprojects Limited GR Logistics Park (Indore) Private Limited Wholly Owned Subsidiary Sale of goods or services 29000.00 this approval includes value of sr. no. 44, 62,130,152 7528.86 0.00 0.00 45 G R Infraprojects Limited GR Bamni Highway Private Limited Wholly Owned Subsidiary Sale of goods or services 37000.00 this approval includes value of sr. no. 45, 58, 92,93,97,122,168 16911.06 0.00 0.00 46 G R Infraprojects Limited Pachora Power Transmission Private Limited Wholly Owned Subsidiary Sale of goods or services 10000.00 this approval includes value of sr. no. 45, 58, 92,93,97,122,168 1982.39 0.00 0.00 47 G R Infraprojects Limited GR Tarakote Sanjichhat Ropeway Private Limited Wholly Owned Subsidiary Sale of goods or services 15000.00 this approval includes value of sr. no. 47, 132,157 392.52 0.00 0.00 48 G R Infraprojects Limited Tumkur-II REZ Power Transmission Limited Wholly Owned Subsidiary Sale of goods or services 30000.00 this approval includes value of sr. no. 48, 73, 135,158 7358.99 0.00 0.00 49 G R Infraprojects Limited Bijapur REZ Transmission Private Limited Wholly Owned Subsidiary Sale of goods or services 99000.00 this approval includes value of sr. no. 49, 74,136,159 3317.97 0.00 0.00 50 G R Infraprojects Limited Agra Gwalior Highway Private Limited Wholly Owned Subsidiary Sale of goods or services 207000.00 this approval includes value of sr. no. 50, 137,160 6903.87 0.00 0.00 51 G R Infraprojects Limited Rajgarh Neemuch Power Tansmission limited Wholly Owned Subsidiary Sale of goods or services 225000.00 this approval includes value of sr. no. 51,75,138, 161 12345.06 0.00 0.00 52 G R Infraprojects Limited Nasarpore Malotha Highway Private Limited Wholly Owned Subsidiary Sale of goods or services 52000.00 this approval includes value of sr. no. 52, 81, 139, 174 245.16 0.00 0.00 53 G R Infraprojects Limited Munger Link Highway Private Limited Wholly Owned Subsidiary Sale of goods or services 72000.00 this approval includes value of sr. no. 53, 80,140, 173 285.22 0.00 0.00 54 G R Infraprojects Limited GR Shirsad Masvan Expressway Private Limited Wholly Owned Subsidiary Investment NA 4704.00 0.00 0.00 55 G R Infraprojects Limited GR Amritsar Bathinda Highway Private Limited Wholly Owned Subsidiary Investment NA 1160.00 0.00 0.00 56 G R Infraprojects Limited GR Ludhiana Rupnagar Highway Private Limited Wholly Owned Subsidiary Investment NA 220.00 0.00 0.00 57 G R Infraprojects Limited GR Bhimasar Bhuj Highway Wholly Owned Subsidiary Investment NA 410.00 0.00 0.00 58 G R Infraprojects Limited GR Bamni Highway Private Limited Wholly Owned Subsidiary Investment NA 1602.00 0.00 0.00 59 G R Infraprojects Limited GR Govindpur Rajura Highway Private Limited Wholly Owned Subsidiary Investment NA 1196.50 0.00 0.00 60 G R Infraprojects Limited GR Madanapalli Pileru Highway Private Limited Wholly Owned Subsidiary Investment NA 1530.00 0.00 0.00 61 G R Infraprojects Limited Maratha Skyride Ventures Private Limited Wholly Owned Subsidiary Investment 100.00 this approval includes value of sr. no. 61, 150 0.35 0.00 0.00 62 G R Infraprojects Limited GR Logistics Park (Indore) Private Limited Wholly Owned Subsidiary Investment NA 3314.00 0.00 0.00 63 G R Infraprojects Limited GR Venkatpur Thallasenkesa Highway Private Limited Wholly Owned Subsidiary Investment NA 1846.20 0.00 0.00 64 G R Infraprojects Limited GR Belgaum Raichur (Package-5) Highway Private Limited Wholly Owned Subsidiary Investment NA 418.50 0.00 0.00

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65 G R Infraprojects Limited GR Belgaum Raichur (Package-6) Highway Private Limited Wholly Owned Subsidiary Investment NA 1184.50 0.00 0.00 66 G R Infraprojects Limited GR Hasapur Badadal Highway Private Limited Wholly Owned Subsidiary Investment NA 1039.00 0.00 0.00 67 G R Infraprojects Limited GR Devinagar Kasganj Highway Private Limited Wholly Owned Subsidiary Investment NA 917.00 0.00 0.00 68 G R Infraprojects Limited GR Varanasi Kolkata Highway Private Limited Wholly Owned Subsidiary Investment NA 1455.50 0.00 0.00 69 G R Infraprojects Limited GR Yamuna Bridge Highway Private Limited Wholly Owned Subsidiary Investment NA 2431.00 0.00 0.00 70 G R Infraprojects Limited GR Kasganj Bypass Private Limited Wholly Owned Subsidiary Investment NA 1551.00 0.00 0.00 71 G R Infraprojects Limited GR Tarakote Sanjichhat Ropeway Private Limited Wholly Owned Subsidiary Investment NA 2017.03 0.00 0.00 72 G R Infraprojects Limited Pachora Power Transmission Private Limited Wholly Owned Subsidiary Investment NA 3335.00 0.00 0.00 73 G R Infraprojects Limited Tumkur-II REZ Power Transmission Limited Wholly Owned Subsidiary Investment NA 2966.50 0.00 0.00 74 G R Infraprojects Limited Bijapur Rez Transmission Private Limited Wholly Owned Subsidiary Investment NA 3513.00 0.00 0.00 75 G R Infraprojects Limited Rajgarh Neemuch Power transmission limited Wholly Owned Subsidiary Investment NA 4296.30 0.00 0.00 76 G R Infraprojects Limited INFRA FOURMATIV PVT LTD. Wholly Owned Subsidiary Investment 9000.00 this approval includes value of sr. no. 76, 162 1941.13 0.00 0.00 77 G R Infraprojects Limited Fouran Private Limited Wholly Owned Subsidiary Investment 12000.00 this approval includes value of sr. no. 77, 164 1000.00 0.00 0.00 78 G R Infraprojects Limited Fourci Warehouse-1 Private Limited Wholly Owned Subsidiary Investment 69000.00 this approval includes value of sr. no. 78, 165 9091.00 0.00 0.00 79 G R Infraprojects Limited Fourci Warehouse-2 Private Limited Wholly Owned Subsidiary Investment 5000.00 this approval includes value of sr. no. 79, 166 717.00 0.00 0.00 80 G R Infraprojects Limited Munger Link Highway Private Limited Wholly Owned Subsidiary Investment NA 501.10 0.00 0.00 81 G R Infraprojects Limited Nasarpore Malotha Highway Private Limited Wholly Owned Subsidiary Investment NA 131.10 0.00 0.00 82 G R Infraprojects Limited Rajasthan Aerial Sky Safari Private Limited Wholly Owned Subsidiary Investment 5000.00 this approval includes value of sr. no. 82, 175 31.00 0.00 0.00 83 G R Infraprojects Limited FOURWRD MMLP VARANASI PRIVATE LIMITED Wholly Owned Subsidiary Investment NA 1.00 0.00 0.00 84 G R Infraprojects Limited Fourci Warehouse-3 Private Limited Wholly Owned Subsidiary Investment NA 1.00 0.00 0.00 85 G R Infraprojects Limited Nagaur Mukundgarh Highways Private Limited Subsidiary Loan NA 825.24 0.00 0.00 86 G R Infraprojects Limited Rajgarh Transmission Limited Wholly Owned Subsidiary Any other transaction Perpetual debt received back NA 560.00 0.00 0.00 87 G R Infraprojects Limited GR Bandikui Jaipur Expressway Private Limited Wholly Owned Subsidiary Any other transaction Perpetual debt received back NA 1160.00 0.00 0.00 88 G R Infraprojects Limited Reengus Sikar Expressway Limited Wholly Owned Subsidiary Any other transaction Loans received back (including interest) NA 54.00 0.00 0.00 89 G R Infraprojects Limited Nagaur Mukundgarh Highways Private Limited Wholly Owned Subsidiary Any other transaction Loans received back (including interest) NA 41.00 0.00 0.00 90 G R Infraprojects Limited Reengus Sikar Expressway Limited Wholly Owned Subsidiary Interest received NA 126.37 0.00 0.00 91 G R Infraprojects Limited Nagaur Mukundgarh Highways Private Limited Subsidiary Interest received NA 681.85 0.00 0.00 92 G R Infraprojects Limited GR Bamni Highway Private Limited Wholly Owned Subsidiary Advance NA 437.51 0.00 0.00 93 G R Infraprojects Limited GR Bamni Highway Private Limited Wholly Owned Subsidiary Interest paid NA 6.11 0.00 0.00

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94 G R Infraprojects Limited GR Amritsar Bathinda Highway Private Limited Wholly Owned Subsidiary Any other transaction Business support service income NA 28.43 0.00 0.00 95 G R Infraprojects Limited GR Bandikui Jaipur Expressway Private Limited Wholly Owned Subsidiary Any other transaction Business support service income NA 15.43 0.00 0.00 96 G R Infraprojects Limited GR Bhimasar Bhuj Highway Private Limited Wholly Owned Subsidiary Any other transaction Business support service income NA 11.95 0.00 0.00 97 G R Infraprojects Limited GR Bamni Highway Private Limited Wholly Owned Subsidiary Any other transaction Business support service income NA 18.57 0.00 0.00 98 G R Infraprojects Limited GR Govindpur Rajura Highway Private Limited Wholly Owned Subsidiary Any other transaction Business support service income NA 10.32 0.00 0.00 99 G R Infraprojects Limited GR Madanapalli Pileru Highway Private Limited Wholly Owned Subsidiary Any other transaction Business support service income NA 18.44 0.00 0.00 100 G R Infraprojects Limited GR Shirsad Masvan Expressway Private Limited Wholly Owned Subsidiary Any other transaction Business support service income NA 34.57 0.00 0.00 101 G R Infraprojects Limited Nagaur Mukundgarh Highways Private Limited Sunsidiary Any other transaction Business support service income NA 14.70 0.00 0.00 102 G R Infraprojects Limited GR Devinagar Kasganj Highway Private Limited Wholly Owned Subsidiary Any other transaction Business support service income NA 35.32 0.00 0.00 103 G R Infraprojects Limited GR Venkatpur Thallasenkesa Highway Private Limited Wholly Owned Subsidiary Any other transaction Business support service income NA 19.28 0.00 0.00 104 G R Infraprojects Limited GR Yamuna Bridge Highway Private Limited Wholly Owned Subsidiary Any other transaction Business support service income NA 19.46 0.00 0.00 105 G R Infraprojects Limited Reengus Sikar Expressway Limited Wholly Owned Subsidiary Any other transaction Business support service income NA 4.69 0.00 0.00 106 G R Infraprojects Limited GR Belgaum Raichur (Package-6) Highway Private Limited Wholly Owned Subsidiary Any other transaction Business support service income NA 23.52 0.00 0.00 107 G R Infraprojects Limited Rajgarh Transmission Limited Wholly Owned Subsidiary Any other transaction Business support service income NA 6.64 0.00 0.00 108 G R Infraprojects Limited GR Belgaum Raichur (Package-5) Highway Private Limited Wholly Owned Subsidiary Any other transaction Business support service income NA 24.53 0.00 0.00 109 G R Infraprojects Limited GR Hasapur Badadal Highway Private Limited Wholly Owned Subsidiary Any other transaction Business support service income NA 27.12 0.00 0.00 110 G R Infraprojects Limited GR Kasganj Bypass Private Limited Wholly Owned Subsidiary Any other transaction Business support service income NA 34.63 0.00 0.00 111 G R Infraprojects Limited GR Varanasi Kolkata Highway Private Limited Wholly Owned Subsidiary Any other transaction Business support service income NA 41.91 0.00 0.00 112 G R Infraprojects Limited Pachora Power Transmission Private Limited Wholly Owned Subsidiary Any other transaction Business support service income NA 2.04 0.00 0.00

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113 G R Infraprojects Limited Reengus Sikar Expressway Limited Wholly Owned Subsidiary Any other transaction Outstandin g trade receivable (Including unbilled) NA 0.00 2257.16 4331.55 114 G R Infraprojects Limited Nagaur Mukundgarh Highways Private Limited Subsidiary Any other transaction Outstandin g trade receivable (Including unbilled) NA 0.00 1438.72 6505.87 115 G R Infraprojects Limited GR Shirsad Masvan Expressway Private Limited Wholly Owned Subsidiary Any other transaction Outstandin g trade receivable (Including unbilled) NA 0.00 11259.36 -4834.66 116 G R Infraprojects Limited GR Amritsar Bathinda Highway Private Limited Wholly Owned Subsidiary Any other transaction Outstandin g trade receivable (Including unbilled) NA 0.00 3205.49 -6813.22 117 G R Infraprojects Limited GR Ludhiana Rupnagar Highway Private Limited Wholly Owned Subsidiary Any other transaction Outstandin g trade receivable (Including unbilled) NA 0.00 0.00 7096.93 118 G R Infraprojects Limited GR Madanapalli Pileru Highway Private Limited Wholly Owned Subsidiary Any other transaction Outstandin g trade receivable (Including unbilled) NA 0.00 4078.54 1995.51 119 G R Infraprojects Limited GR Bhimasar Bhuj Highway Private Limited Wholly Owned Subsidiary Any other transaction Outstandin g trade receivable (Including unbilled) NA 0.00 2500.31 996.36 120 G R Infraprojects Limited GR Bandikui Jaipur Expressway Private Limited Wholly Owned Subsidiary Any other transaction Outstandin g trade receivable (Including unbilled) NA 0.00 504.43 826.14 121 G R Infraprojects Limited GR Govindpur Rajura Highway Private Limited Wholly Owned Subsidiary Any other transaction Outstandin g trade receivable (Including unbilled) NA 0.00 3025.92 474.32 122 G R Infraprojects Limited GR Bamni Highway Private Limited Wholly Owned Subsidiary Any other transaction Outstandin g trade receivable (Including unbilled) NA 0.00 14743.30 14305.47 123 G R Infraprojects Limited Rajgarh Transmission Limited Wholly Owned Subsidiary Any other transaction Outstandin g trade receivable (Including unbilled) NA 0.00 136.55 54.58 124 G R Infraprojects Limited GR Yamuna Bridge Highway Private Limited Wholly Owned Subsidiary Any other transaction Outstandin g trade receivable (Including unbilled) NA 0.00 12143.57 9291.92 125 G R Infraprojects Limited GR Varanasi Kolkata Highway Private Limited Wholly Owned Subsidiary Any other transaction Outstandin g trade receivable (Including unbilled) NA 0.00 9968.55 17346.56 126 G R Infraprojects Limited GR Belgaum Raichur (Package-5) Highway Private Limited Wholly Owned Subsidiary Any other transaction Outstandin g trade receivable (Including unbilled) NA 0.00 6739.47 6875.13 127 G R Infraprojects Limited GR Devinagar Kasganj Highway Private Limited Wholly Owned Subsidiary Any other transaction Outstandin g trade receivable (Including unbilled) NA 0.00 22786.72 35469.33

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128 G R Infraprojects Limited GR Belgaum Raichur (Package-6) Highway Private Limited Wholly Owned Subsidiary Any other transaction Outstandin g trade receivable (Including unbilled) NA 0.00 22786.72 35469.33 129 G R Infraprojects Limited GR Kasganj Bypass Private Limited Wholly Owned Subsidiary Any other transaction Outstandin g trade receivable (Including unbilled) NA 0.00 10539.21 13710.66 130 G R Infraprojects Limited GR Logistics Park (Indore) Private Limited Wholly Owned Subsidiary Any other transaction Outstandin g trade receivable (Including unbilled) NA 0.00 14249.73 16129.82 131 G R Infraprojects Limited GR Hasapur Badadal Highway Private Limited Wholly Owned Subsidiary Any other transaction Outstandin g trade receivable (Including unbilled) NA 0.00 4648.54 6241.74 132 G R Infraprojects Limited GR Tarakote Sanjichhat Ropeway Private Limited Wholly Owned Subsidiary Any other transaction Outstandin g trade receivable (Including unbilled) NA 0.00 17714.61 14892.15 133 G R Infraprojects Limited Pachora Power Transmission Private Limited Wholly Owned Subsidiary Any other transaction Outstandin g trade receivable (Including unbilled) NA 0.00 14258.10 396.82 134 G R Infraprojects Limited GR Venkatpur Thallasenkesa Highway Private Limited Wholly Owned Subsidiary Any other transaction Outstandin g trade receivable (Including unbilled) NA 0.00 6875.34 860.54 135 G R Infraprojects Limited Tumkur-II REZ Power Transmission Limited Wholly Owned Subsidiary Any other transaction Outstandin g trade receivable (Including unbilled) NA 0.00 19065.52 24311.21 136 G R Infraprojects Limited Bijapur Rez Transmission Private Limited Wholly Owned Subsidiary Any other transaction Outstandin g trade receivable (Including unbilled) NA 0.00 13891.39 6259.10 137 G R Infraprojects Limited Agra Gwalior Highway Private Limited Wholly Owned Subsidiary Any other transaction Outstandin g trade receivable (Including unbilled) NA 0.00 1940.23 8995.83 138 G R Infraprojects Limited Rajgarh Neemuch Power Tansmission limited Wholly Owned Subsidiary Any other transaction Outstandin g trade receivable (Including unbilled) NA 0.00 2690.53 8344.80 139 G R Infraprojects Limited NASARPORE MALOTHA HIGHWAY PRIVATE LIMITED Wholly Owned Subsidiary Any other transaction Outstandin g trade receivable (Including unbilled) NA 0.00 414.95 245.16 140 G R Infraprojects Limited MUNGER LINK HIGHWAY PRIVATE LIMITED Wholly Owned Subsidiary Any other transaction Outstandin g trade receivable (Including unbilled) NA 0.00 0.00 285.22 141 G R Infraprojects Limited Reengus Sikar Expressway Limited Wholly Owned Subsidiary Any other transaction Outstandin g loans (including interest accrued) NA 0.00 2524.38 2596.75 142 G R Infraprojects Limited Nagaur Mukundgarh Highways Private Limited Subsidiary Any other transaction Outstandin g loans (including interest accrued) NA 0.00 13447.65 14331.50 143 G R Infraprojects Limited GR Amritsar Bathinda Highway Private Limited Wholly Owned Subsidiary Investment NA 7307.32 0.00 0.00

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144 G R Infraprojects Limited GR Ludhiana Rupnagar Highway Private Limited Wholly Owned Subsidiary Investment NA 9144.97 0.00 0.00 145 G R Infraprojects Limited Rajgarh Transmission Limite Wholly Owned Subsidiary Investment NA 9827.38 0.00 0.00 146 G R Infraprojects Limited GR Belgaum Raichur (Package-5) Highway Private Limited Wholly Owned Subsidiary Investment NA 2615.52 0.00 0.00 147 G R Infraprojects Limited GR Belgaum Raichur (Package-6) Highway Private Limited Wholly Owned Subsidiary Investment NA 3170.73 0.00 0.00 148 G R Infraprojects Limited GR Venkatpur Thallasenkesa Highway Private Limited Wholly Owned Subsidiary Investment NA 5071.49 0.00 0.00 149 G R Infraprojects Limited GR Varanasi Kolkata Highway Private Limited Wholly Owned Subsidiary Investment NA 1108.65 0.00 0.00 150 G R Infraprojects Limited MARATHA SKYRIDE VENTURES PRIVATE LIMITED Wholly Owned Subsidiary Investment NA 1.05 0.00 0.00 151 G R Infraprojects Limited GR Devinagar Kasganj Highway Private Limited Wholly Owned Subsidiary Investment NA 5680.67 0.00 0.00 152 G R Infraprojects Limited GR Logistics Park (Indore) Private Limited Wholly Owned Subsidiary Investment NA 5261.90 0.00 0.00 153 G R Infraprojects Limited GR Hasapur Badadal Highway Private Limited Wholly Owned Subsidiary Investment NA 3532.11 0.00 0.00 154 G R Infraprojects Limited GR Kasganj Bypass Private Limited Wholly Owned Subsidiary Investment NA 4403.26 0.00 0.00 155 G R Infraprojects Limited GR Yamuna Bridge Highway Private Limited Wholly Owned Subsidiary Investment NA 6760.04 0.00 0.00 156 G R Infraprojects Limited Pachora Power Transmission Private Limited Wholly Owned Subsidiary Investment NA 11139.91 0.00 0.00 157 G R Infraprojects Limited GR Tarakote Sanjichhat Ropeway Private Limited Wholly Owned Subsidiary Investment NA 3460.74 0.00 0.00 158 G R Infraprojects Limited Tumkur-II REZ Power Transmission Limited Wholly Owned Subsidiary Investment NA 5065.26 0.00 0.00 159 G R Infraprojects Limited Bijapur Rez Transmission Private Limited Wholly Owned Subsidiary Investment NA 5481.40 0.00 0.00 160 G R Infraprojects Limited Agra Gwalior Highway Private Limited Wholly Owned Subsidiary Investment NA 559.70 0.00 0.00 161 G R Infraprojects Limited Rajgarh Neemuch Power Tansmission limited Wholly Owned Subsidiary Investment NA 17690.42 0.00 0.00 162 G R Infraprojects Limited INFRA FOURMATIV PRIVATE LIMITED Wholly Owned Subsidiary Investment NA 1950.00 0.00 0.00 163 G R Infraprojects Limited INDUS OFFSHORE PRIVATE LIMITED Wholly Owned Subsidiary Investment 5000.00 NA 0.00 0.00 0.00 164 G R Infraprojects Limited FOURAN PRIVATE LIMITED Wholly Owned Subsidiary Investment NA 1610.00 0.00 0.00 165 G R Infraprojects Limited Fourci Warehouse-1 Private Limited Wholly Owned Subsidiary Investment NA 9091.00 0.00 0.00 166 G R Infraprojects Limited Fourci Warehouse-2 Private Limited Wholly Owned Subsidiary Investment NA 716.00 0.00 0.00 167 G R Infraprojects Limited GR Bandikui Jaipur Expressway Private Limited Wholly Owned Subsidiary Investment NA 21935.82 0.00 0.00 168 G R Infraprojects Limited GR Bamni Highway Private Limited Wholly Owned Subsidiary Investment NA 5470.85 0.00 0.00 169 G R Infraprojects Limited GR Madanapalli Pileru Highway Private Limited Wholly Owned Subsidiary Investment NA 22332.13 0.00 0.00 170 G R Infraprojects Limited GR Shirsad Masvan Expressway Private Limited Wholly Owned Subsidiary Investment NA 42253.94 0.00 0.00 171 G R Infraprojects Limited GR Bhimasar Bhuj Highway Private Limited Wholly Owned Subsidiary Investment NA 13629.87 0.00 0.00 172 G R Infraprojects Limited GR Govindpur Rajura Highway Private Limited Wholly Owned Subsidiary Investment NA 13537.99 0.00 0.00 173 G R Infraprojects Limited MUNGER LINK HIGHWAY PRIVATE LIMITED Wholly Owned Subsidiary Investment NA 500.10 0.00 0.00 174 G R Infraprojects Limited NASARPORE MALOTHA HIGHWAY PRIVATE LIMITED Wholly Owned Subsidiary Investment NA 130.10 0.00 0.00 175 G R Infraprojects Limited RAJASTHAN AERIAL SKY SAFARI PRIVATE LIMITED Wholly Owned Subsidiary Investment NA 30.00 0.00 0.00 176 G R Infraprojects Limited Bharat Highways InvIT Associates Interest received NA 6540.62 0.00 0.00 177 G R Infraprojects Limited Varanasi Sangam Expressway Private Limited Subsidiary of Associates Sale of goods or services 3000.00 this approval includes value of raw no.177,188,206 5.32 0.00 0.00

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178 G R Infraprojects Limited Porbandar Dwarka Expressway Private Limited Subsidiary of Associates Sale of goods or services 3000.00 this approval includes value of raw no.178,189,207 482.34 0.00 0.00 179 G R Infraprojects Limited GR Akkalkot Solapur Highway Private Limited Subsidiary of Associates Sale of goods or services 3000.00 this approval includes value of Sr. no.179,191,209 14.09 0.00 0.00 180 G R Infraprojects Limited GR Sangli Solapur Highway Private Limited Subsidiary of Associates Sale of goods or services 3000.00 this approval includes value of sr. no.180, 192, 210 131.14 0.00 0.00 181 G R Infraprojects Limited GR Gundugolanu Devarapalli Highway Private Limited Subsidiary of Associates Sale of goods or services 3000.00 this approval includes value of sr. no.181, 193, 211 13.39 0.00 0.00 182 G R Infraprojects Limited GR Dwarka Devariya Highway Private Limited Subsidiary of Associates Sale of goods or services 3000.00 this approval includes value of sr. no.182, 194, 212 382.08 0.00 0.00 183 G R Infraprojects Limited GR Galgalia Bahadurganj Highway Private Limited Subsidiary of Associates Sale of goods or services 3000.00 this approval includes value of sr. no.183, 196, 214 6.93 0.00 0.00 184 G R Infraprojects Limited GR Bahadurganj Araria Highway Private Limited Subsidiary of Associates Sale of goods or services 3000.00 this approval includes value of sr. no.184,197, 215 6.94 0.00 0.00 185 G R Infraprojects Limited GR Ena Kim Expressway Private Limited Subsidiary of Associates Sale of goods or services 3000.00 this approval includes value of sr. no. 185, 198, 216 2405.54 0.00 0.00 186 G R Infraprojects Limited GR Bilaspur Urga Highway Private Limited Subsidiary of Associates Sale of goods or services 3000.00 this approval includes value of sr. no. 186, 199, 217 1897.07 0.00 0.00 187 G R Infraprojects Limited GR Ujjain Badnawar Highway Private Limited Subsidiary of Associates Sale of goods or services 3000.00 this approval includes value of sr. no. 187, 200, 218 13.24 0.00 0.00 188 G R Infraprojects Limited Varanasi Sangam Expressway Private Limited Subsidiary of Associates Any other transaction Business support service income NA 28.27 0.00 0.00 189 G R Infraprojects Limited Porbandar Dwarka Expressway Private Limited Subsidiary of Associates Any other transaction Business support service income NA 18.50 0.00 0.00 190 G R Infraprojects Limited GR Phagwara Expressway Limited Subsidiary of Associates Any other transaction Business support service income 3000.00 this approval includes value of Sr. no. 190,208 14.70 0.00 0.00 191 G R Infraprojects Limited GR Akkalkot Solapur Highway Private Limited Subsidiary of Associates Any other transaction Business support service income NA 8.68 0.00 0.00 192 G R Infraprojects Limited GR Sangli Solapur Highway Private Limited Subsidiary of Associates Any other transaction Business support service income NA 10.44 0.00 0.00 193 G R Infraprojects Limited GR Gundugolanu Devarapalli Highway Private Limited Subsidiary of Associates Any other transaction Business support service income NA 20.76 0.00 0.00 194 G R Infraprojects Limited GR Dwarka Devariya Highway Private Limited Subsidiary of Associates Any other transaction Business support service income NA 11.62 0.00 0.00 195 G R Infraprojects Limited GR Aligarh Kanpur Highway Private Limited Subsidiary of Associates Any other transaction Business support service income 3000.00 NA 21.06 0.00 0.00 196 G R Infraprojects Limited GR Galgalia Bahadurganj Highway Private Limited Subsidiary of Associates Any other transaction Business support service income NA 13.32 0.00 0.00

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197 G R Infraprojects Limited GR Bahadurganj Araria Highway Private Limited Subsidiary of Associates Any other transaction Business support service income NA 13.45 0.00 0.00 198 G R Infraprojects Limited GR Ena Kim Expressway Private Limited Subsidiary of Associates Any other transaction Business support service income NA 31.61 0.00 0.00 199 G R Infraprojects Limited GR Bilaspur Urga Highway Private Limited Subsidiary of Associates Any other transaction Business support service income NA 21.20 0.00 0.00 200 G R Infraprojects Limited GR Ujjain Badnawar Highway Private Limited Subsidiary of Associates Any other transaction Business support service income NA 10.54 0.00 0.00 201 G R Infraprojects Limited KNR Palani Infra Private Limited Subsidiary of Associates Any other transaction Business support service income 30.00 NA 7.33 0.00 0.00 202 G R Infraprojects Limited KNR Ramagiri Infra Private Limited Subsidiary of Associates Any other transaction Business support service income 35.00 NA 7.58 0.00 0.00 203 G R Infraprojects Limited ULCCS Kasaragod Expressway Private Limited Subsidiary of Associates Any other transaction Business support service income 60.00 NA 10.91 0.00 0.00 204 G R Infraprojects Limited Indus Infra Trust Associate Any other transaction Outstandin g receivables (including unbilled) 12000.00 NA 0.00 6318.44 1988.71 205 G R Infraprojects Limited Varanasi Sangam Expressway Private Limited Subsidiary of Associates Any other transaction Outstandin g receivables (including unbilled) NA 0.00 54.61 33.59 206 G R Infraprojects Limited Porbandar Dwarka Expressway Private Limited Subsidiary of Associates Any other transaction Outstandin g receivables (including unbilled) NA 0.00 77.10 541.39 207 G R Infraprojects Limited GR Phagwara Expressway Limited Subsidiary of Associates Any other transaction Outstandin g receivables (including unbilled) NA 0.00 44.23 26.85 208 G R Infraprojects Limited GR Akkalkot Solapur Highway Private Limited Subsidiary of Associates Any other transaction Outstandin g receivables (including unbilled) NA 0.00 18.18 22.77 209 G R Infraprojects Limited GR Sangli Solapur Highway Private Limited Subsidiary of Associates Any other transaction Outstandin g receivables (including unbilled) NA 0.00 21.78 17.86 210 G R Infraprojects Limited GR Gundugolanu Devarapalli Highway Private Limited Subsidiary of Associates Any other transaction Outstandin g receivables (including unbilled) NA 0.00 505.92 76.83 211 G R Infraprojects Limited GR Dwarka Devariya Highway Private Limited Subsidiary of Associates Any other transaction Outstandin g receivables (including unbilled) NA 0.00 584.11 230.23

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212 G R Infraprojects Limited GR Aligarh Kanpur Highway Private Limited Subsidiary of Associates Any other transaction Outstandin g receivables (including unbilled) NA 0.00 489.38 470.68 213 G R Infraprojects Limited GR Galgalia Bahadurganj Highway Private Limited Subsidiary of Associates Any other transaction Outstandin g receivables (including unbilled) NA 0.00 131.93 13.32 214 G R Infraprojects Limited GR Bahadurganj Araria Highway Private Limited Subsidiary of Associates Any other transaction Outstandin g receivables (including unbilled) NA 0.00 185.32 13.45 215 G R Infraprojects Limited GR Ena Kim Expressway Private Limited Subsidiary of Associates Any other transaction Outstandin g receivables (including unbilled) NA 0.00 508.13 2822.57 216 G R Infraprojects Limited GR Bilaspur Urga Highway Private Limited Subsidiary of Associates Any other transaction Outstandin g receivables (including unbilled) NA 0.00 1228.35 875.63 217 G R Infraprojects Limited GR Ujjain Badnawar Highway Private Limited Subsidiary of Associates Any other transaction Outstandin g receivables (including unbilled) NA 0.00 355.06 14.71 218 G R Infraprojects Limited KNR Palani Infra Private Limited Subsidiary of Associates Any other transaction Outstandin g receivables (including unbilled) NA 0.00 0.00 7.33 219 G R Infraprojects Limited KNR Ramagiri Infra Private Limited Subsidiary of Associates Any other transaction Outstandin g receivables (including unbilled) NA 0.00 0.00 7.58 220 G R Infraprojects Limited ULCCS Kasaragod Expressway Private Limited Subsidiary of Associates Any other transaction Outstandin g receivables (including unbilled) NA 0.00 0.00 10.91 221 G R Infraprojects Limited Rahul Infrastructure Private Limited Group Company Any other transaction rent 8.00 NA 3.60 0.00 0.00 222 G R Infraprojects Limited UDAIPUR TECH FABRIC PRIVATE LIMITED Group Company Any other transaction rent 30.00 NA 12.00 0.00 0.00 223 G R Infraprojects Limited G R Infra Social Welfare Trust Enterprises over which KMP and Relatives of such personnel exercise control or significant influence Any other transaction Amount Contribute d 4000.00 NA 130.71 0.00 0.00 224 G R Infraprojects Limited Apex Buildsys Limited Group Company Advance 5000.00 this approval includes value of sr. no. 226 to 229 and 231,233,235 731.02 0.00 0.00 225 G R Infraprojects Limited Apex Buildsys Limited Group Company Loan NA 971.54 0.00 0.00 226 G R Infraprojects Limited Apex Buildsys Limited Group Company Purchase of fixed assets NA 1444.85 0.00 0.00 227 G R Infraprojects Limited Apex Buildsys Limited Group Company Sale of fixed assets NA 4.09 0.00 0.00 228 G R Infraprojects Limited GR Highways Investment Manager Private Limited Enterprises over which KMP and Relatives of such personnel exercise control or significant influence Any other transaction Shared service income 120.00 NA 3.51 0.00 0.00

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229 G R Infraprojects Limited Apex Buildsys Limited Group Company Any other transaction Outstandin g trade payables ( including retention money) NA 0.00 13.03 14.53 230 G R Infraprojects Limited Rahul Infrastructure Private Limited Group Company Any other transaction Outstandin g trade payables ( including retention money) NA 0.00 11.63 3.30 231 G R Infraprojects Limited Apex Buildsys Limited Group Company Any other transaction Outstandin g advances NA 0.00 914.12 723.18 232 G R Infraprojects Limited G R Infra Social Welfare Trust Enterprise over which KMP and relatives of such personnel exercise significant influence Any other transaction Outstandin g advances NA 0.00 18.61 51.44 233 G R Infraprojects Limited Apex Buildsys Limited Group Company Any other transaction Outstandin g trade receivable NA 0.00 2.02 2.06 234 NAGAUR MUKUNDGARH HIGHWAYS PRIVATE LIMITED SRISHTI SHAH Related party of Subsidiary Remuneration NA 1.84 0.00 0.00 235 NAGAUR MUKUNDGARH HIGHWAYS PRIVATE LIMITED AANCHAL PAHUJA Related party of Subsidiary Remuneration NA 0.00 0.00 0.40 236 RAJGARH TRANSMISSION LIMITED POOJA WADHWANI Related party of Subsidiary Remuneration NA 1.00 0.00 0.20 Total value of transaction during the reporting period 588303.62

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Annexure- A A. Statement of utilization of issue proceeds: 1. Name of the Issuer - G R Infraprojects Limited ISIN Mode of Fund Raising (Public issues/ Private placement) Type of instrument Date of raising funds Amount Raised (Rs.in Crores) Funds utilized (Rs.in Crores) Any deviation (Yes/ No) If 8 is Yes, then specify the purpose of for which the funds were utilized Remarks, if any 2 3 4 5 6 7 8 9 10 INE201P08175 Private Placement NCD 20/01/2022 75 75 No NA - INE201P08191 Private Placement NCD 30/08/2022 40 40 No NA - INE201P08209 Private Placement NCD 05/02/2024 100 100 No NA - B. Statement of deviation/ variation in use of Issue proceeds: Not Applicable Particulars Remarks Name of listed entity - Mode of fund raising - Type of instrument - Date of raising funds - Amount raised - Report filed for quarter ended - Is there a deviation/ variation in use of funds raised? - Whether any approval is required to vary the objects of the issue stated in the prospectus/ offer document? - If yes, details of the approval so required? - Date of approval - Explanation for the deviation/ variation - Comments of the audit committee after review - Comments of the auditors, if any -

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Objects for which funds have been raised and where there has been a deviation/ variation, in the following table: Original object Modified object, if any Original allocation Modified allocation, if any Funds utilised Amount of deviation/ variation for the quarter according to applicable object (in Rs. crore and in %) Remarks, if any Not Applicable Deviation could mean: a. Deviation in the objects or purposes for which the funds have been raised. b. Deviation in the amount of funds actually utilized as against what was originally disclosed. Sudhir Mutha Designation: Company Secretary & Compliance Officer ICSI Membership No. ACS18857 Date: 04.11.2026 Place: Udaipur

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B S R and Co Chartered Accountants 903 Commerce House V Near Vodafone House, Prahaladnagar Corporate Road, Ahmedabad 380 051 India Telephone: +91 (79) 7145 0001 Fax: +91 (79) 7145 0050 Principal Office: 14th Floor, Central B Wing and North C Wing, Nesco IT Park 4, Nesco Center, Western Express Highway, Goregaon (East), Mumbai - 400063 Page 1 of 5 Limited Review Report on unaudited consolidated financial results of G R Infraprojects Limited for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 pursuant to Regulation 33 and Regulation 52(4) read with Regulation 63 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. To the Board of Directors of G R Infraprojects Limited 1. We have reviewed the accompanying Statement of unaudited consolidated financial results of G R Infraprojects Limited (hereinafter referred to as “the Parent”), and its subsidiaries (the Parent and its subsidiaries together referred to as “the Group”) and its share of the net profit after tax and total comprehensive income of its associate for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 (“the Statement”) (in which are included interim financial information from seven of joint operations), being submitted by the Parent pursuant to the requirements of Regulation 33 and Regulation 52(4) read with Regulation 63 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations"). 2. This Statement, which is the responsibility of the Parent’s management and approved by the Parent’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, and other accounting principles generally accepted in India and in compliance with Regulation 33 and Regulation 52(4) read with Regulation 63 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 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 Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent applicable. 4. The Statement includes the results of the entities mentioned in Annexure I to the Statement: 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of the other auditors referred to in paragraph 7 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 the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 and Regulation 52(4) read with Regulation 63 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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(₹ in lakhs except per share data) Year ended Particulars 30 September 2026 30 June 2026 30 September 2025 30 September 2026 30 September 2025 31 March 2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) I Revenue from operations 2,32,541.78 2,78,411.09 1,60,213.96 5,10,952.87 3,58,992.95 8,39,861.89 II Other income 4,904.39 4,508.50 2,400.94 9,412.89 6,353.36 12,865.06 III Total income ( I + II ) 2,37,446.17 2,82,919.59 1,62,614.90 5,20,365.76 3,65,346.31 8,52,726.95 IV Expenses (a) Cost of material consumed 15,020.75 14,168.78 8,380.31 29,189.53 18,721.10 42,201.32 (b) Construction expenses 1,55,322.99 1,92,488.82 88,551.80 3,47,811.81 2,17,076.97 5,41,936.90 (c) (Increase) / decrease in inventories of finished goods and work in progress (1,333.42) (543.49) (304.23) (1,876.91) (611.39) (1,794.12) (d) Employee benefits expense (refer note 8) 17,277.75 15,807.10 13,931.63 33,084.85 28,801.13 60,370.55 (e) Finance costs 11,016.62 10,265.03 12,560.23 21,281.65 24,232.89 50,797.04 (f) Depreciation and amortisation expense 4,464.81 4,604.03 5,092.01 9,068.84 10,323.52 19,881.14 (g) Other expenses 2,933.05 9,710.00 10,950.60 12,643.05 16,487.19 34,980.76 Total expenses (IV) 2,04,702.55 2,46,500.27 1,39,162.35 4,51,202.82 3,15,031.41 7,48,373.59 V Profit before share of profit of an associate, exceptional items and tax (III-IV) 32,743.62 36,419.32 23,452.55 69,162.94 50,314.90 1,04,353.36 VI Share of profit of an associate 6,618.31 5,431.77 2,586.69 12,050.08 7,837.72 16,667.80 VII Profit before exceptional items and tax (V+VI) 39,361.93 41,851.09 26,039.24 81,213.02 58,152.62 1,21,021.16 VIII Exceptional items (refer note 6) - 6,121.44 - 6,121.44 - 4,746.58 IX Profit before tax (VII+VIII) 39,361.93 47,972.53 26,039.24 87,334.46 58,152.62 1,25,767.74 X Tax expense (a) Current tax 7,378.98 8,119.67 5,559.43 15,498.65 13,382.71 34,136.28 (b) Adjustment provision of tax relating to earlier period/year (net) - - - - - 477.46 (c) Deferred tax charge 2,952.70 4,073.77 1,523.51 7,026.47 1,372.98 896.19 Total Income tax expense (X) 10,331.68 12,193.44 7,082.94 22,525.12 14,755.69 35,509.93 XI Profit for the period / year (IX-X) 29,030.25 35,779.09 18,956.30 64,809.34 43,396.93 90,257.81 XII Other comprehensive income Items that will not be reclassified to profit or loss in subsequent period/year : (a) Re-measurements gain / (loss) of defined benefit plans 39.83 32.61 (92.45) 72.44 (184.90) 272.30 (31.89) 19.65 (9.83) (12.24) 13.38 (18.86) (2.74) (14.53) 25.52 (17.27) 43.47 (62.40) Total other comprehensive income / (loss) ( net of tax ) (XII) 5.20 37.73 (76.76) 42.93 (128.05) 191.04 XIII Total comprehensive income for the period / year ( net of tax ) (XI+XII) 29,035.45 35,816.82 18,879.54 64,852.27 43,268.88 90,448.85 Profit for the period/ year attributable to: - Owner of the parent 29,271.89 35,729.16 19,261.68 65,001.05 43,667.30 90,284.14 - Non controlling interests (241.64) 49.93 (305.38) (191.71) (270.37) (26.33) Total other comprehensive income / (loss) for the period/ year attributable to: - Owner of the parent 5.20 37.73 (76.76) 42.93 (128.05) 191.04 - Non controlling interests - - - - - - Total comprehensive income for the period/year attributable to: - Owner of the parent 29,277.09 35,766.89 19,184.92 65,043.98 43,539.25 90,475.18 - Non controlling interests (241.64) 49.93 (305.38) (191.71) (270.37) (26.3 3) XIV Paid up equity share capital (Face value of ₹ 5/- each) 4,838.04 4,838.04 4,838.04 4,838.04 4,838.04 4,838.04 XV Other equity (excluding revaluation reserves) as at balance sheet date 9,33,126.88 XVI - Basic earning per share - ( ₹) 30.25 36.93 19.91 67.18 45.14 93.31 - Diluted earning per share - ( ₹) 30.26 36.93 19.90 67.19 45.12 93.30 See accompanying notes to the unaudited consolidated financial results. (b) Net (loss) / gain on equity instruments through OCI Half year ended G R INFRAPROJECTS LIMITED Sl. No. (c) Income tax relating to above Earnings per share (EPS) - ( ₹) (of ₹ 5/- each) (not annualised for quarters) Quarter ended STATEMENT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30 ,2026 Registered Office: Revenue Block No.-223, Old survey No. 384/1, 384/2, Paiki and 384/3, Khata No. 464, Kochariya, Ahmedabad, Gujarat - 382220. CIN: L45201GJ1995PLC098652

Interim report

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Interim report

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