Interim report
Page 1
_IFB3 IFB Industries Limited Corporate Office [ ” Plol No.-IND-5, Sector-1 East Kolkala Township, Kolkata - 700 107 Telephone : (91) (33) 3984947519524 Fax . (91) (33) 30849676 Web : www.ifbindustries com 27t October, 2026 The Manager The Manager Department of Corporate Services The National Stock Exchange of India Ltd. BSE Limited, Exchange Plaza, 5th Floor Phiroze Jeejeebhoy Towers Plot No-C/1, G Block, Dalal Street, Bandra Kurla Complex Mumbai- 400001 Mumbai - 400051 NSE Symbol: IFBIND | BSE Scrip Code: 505726 Sub: Disclosure under Regulation 33 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 for the Quarter and half year ended September 30, 2026 Dear Sir, The Board of Directors of the Company in its meeting held on 27t October, 2026 has adopted and taken on record the Quarterly Unaudited Financial Results (Standalone & Consolidated) along with Segment wise Revenue, Assets & Liabilities, Balance Sheet, Cash Flow Statement and Limited Review Report of the Company for the Quarter and Half Year ended 30t September, 2026, which please find enclosed in compliance to the provisions of Clause 33 of the SEBI (LODR) Regulations, 2015. Necessary arrangement has been made for publication of the said results in SEBI prescribed format in the newspapers. The meeting commenced at 11:30 A.M. and concluded at 05:00 P.M. This is for your information and record. Yours Faithfully, For IFB INDUSTRIES LIMITED Ritesh Agarwal Company Secretary Registered Office 14 Taratol'a Road, Kolkata - 700 088, India, Tel : (97) (33) 3048 9299/9218, Fax : (91) (33) 24014579/30489230 E-mail - reply@ifbglobal.com, CIN : L51109WB1974PLC029637
Page 2
Price Waterhouse & Co Chartered Accountants LLP Review Report To The Board of Directors IFB Industries Limited 14, Taratolla Road, Kolkata - 700088 1 YVc have _n:vlcwed the standalone unaudited financial results of IFB Industries Limited (the Cot;llxp)r\)' ") for the quarter ended September 30, 2026 and the year to date results for the period April 1, 2026 to September 30, 2026, and the standaloné inaudited statement of assets and liabilities as on that date and the standalone unaudited statement of cash flows for the half-year ended on that datmyhmh are included in the accompanying ‘Unaudited Standalone Financial Resuilts for the quarter and six mopths ended 30 Septembér 2026, “Unaudited Standalone Balance Sheet as at 30 September 2026' and }!naudlted Standalone Statement.of Cash Flows for the six months ended 30 September 2026’ (the “Statement”). The Statement has been prepared by the Company pursuant to Regulation §3, of_ the SEBL (Ljstmg Obligations and Disclosure Requirements) Regulations, 2015, as amended (the Listing Regulations, .2015"), which. has been initialled by us for identification purposes. The Statement is the responsibility of the Company's Management and has been approved by the Board of Directors. Our responsibility is to issue a report on the Statément based om our review. 2. 'We conducted our review 6f the Statément in accordance with the Standard on Review Engagements (SR!E)‘R'qu’. “Review of Interim Financial Informatjon Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and g{form lthe review to obtain moderate assurance as to whether the Statement is free of material misstatement. 3. A review is limited primarily to inquiries of company persorinel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has.come to our attention that causes.us to believe that the Statement has not been prepared in all ‘material respects in accordance with the applicable Accounting Standards prescribed under Section 133 of the Companies Act, 2013 and other récognised accounting practices and policies and has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, 2015 including the. manner in which it is to be disclosed, or that it contdins any material misstatement. For Pice Watefhouse & Co Chartered Accountants LLP i sistratipn Number: 304026E/E-300009 femup rship Number: 094549 UDIN: 26094549POYIER5349 Gurugram October 27, 2026 Price Waterhouse & Co Chactered Accountants LLP, Plot No. 56 & 57, Block DN, Sector V, Salt Luke Kolkata - 700.091, India T +91 (33) 44044346 Regiiescd ofhca nd Mo ol Ploi No. 588 87, Block DY, SoglonV, St Lake, Kakata - 700 001 piico Vaterhouse & Go. fa Partnership itm) convercd la Prico Viatorhoyst & Ga Chartared Acsauntnts LLP (x Liited Listaly Fartnariip whi LLP Wantlly na: e A 2ata) i alfet from July 7, 2014, Poct s contersion ta Prce Waluhavse & Co Charterad Accountants LLP, fts ICAY reigingration umber | 304026€/E300009 ACA! reglstration nunbar beldte ‘converslon vz J04026E)
Page 3
IFB INDUSTRIES LIMITED CIN: L51109WB1974PLC029637 REGISTERED OFFICE: 14, TARATALA ROAD, KOLKATA-700088 UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND SIX MONTHS ENDED 30 SEPTEMBER 2026 Rs. in crores ‘Quarter ended Six months ended Year ended 30 September | 30 June | 30 September 30 September | 30 September| 31 March Particutars 2026 2026 2026 2026 2025 2026 Unaudited | Unaudited | Unaudited | Unaudited | Unaudited | Audited 7 [Revenue from operations 150528 | 1,523.62 1,319.94 3,028.80 2,62093 | 6443.25 2 |Other income 726 5.57 6.67 12.83 16.50 32.66 3 {Total Income (1+2) 151254 | 1,620.00 1,326.61 3,041.63 2,63743| 547591 4 |Expenses (a) Cost of materials consumed 70412 811.69 604.84 1,515.81 120384 | 257021 (b) Purchases of stock- in- rade 270.11 199,53 214.94 469.64 37148 721.20 (c) Changes in inventories of finished goods, stock-in-trade and work-in progress (43.96) (54.73) (53.28) (98.69) (26.04) 16.53 (d) Employee benefits expense 107.39 109.88 109.99 217.27 218.82 423.93 (e) Finance cost - () On borrawings 019 024 044 043 1.82 3.16 (i) Other finance costs 458 454 457 9.2 9.10 18.08 (f) Depreciation and amortisation expense 3229 32.14 20.17 64.43 5928 119.26 (g) Other expenses 383.96 37426 347.62 758.22 69688 | 1,409.97 Total expenses 145868 | 1477.55 1,268.29 2,836.23 253518 | 528234 5 |Profit before exceptional item and tax (3-4) 5388 5154 68.32 10540 102.25 19357 6 [Exceptional tem - - - - - (13.96)| 7 [Profit before tax (5-6) 53.86 5154 68.32 10640 10225 17961 8 [Taxexpense (a) Current tax 15.41 (b) Current tax relating to earlier period . Wiz e 2058 2864 4617 (c) Deferred ta) " - - 0.19 {6 Detered 1) ©54) (1.24) (1.75) (1.50) ©.09) 9 [Profitfor the year/period (7 - 8) 39.56 n08 Pl gl g 10 |Other comprehensive income . = L R ] (i) hems that will not to be reclassified to proft or loss (i) Income tax relating to tems that will not be recassified to profit o loss e s 074 (.71) 1.48 237 Total other comprehensive Income ©27) 1028 (:-115:) 0.18 (0.37), (0.59) 11 [Total comprehensive income for the yeariperiod (3+10) ez g P (0.53) 11 1.78 12 |Paid-up equity share capital 4128 ; r.0e 622 13512 (Face Value - Rs. 10/- each) . 4128 4128 4128 41.28 41.28 13 |Other equity - 14 (E-,n;lnfil per equity share of Rs. 10/- each (not annualised) é\"“‘E S ) 951.74 a) Basic (in Rs.) - ¢ - (b) Diluted (in Rs.) T i 939 1227 19.16 18.53 5 9.77 3291 7 239 1220 1916 1853 32.91
Page 4
UNAUDITED STANDALONE BALANCE SHEET AS AT 30 SEPTEMBER 2026 Ra. In crores Asat Ao at SLNo.[Particulars - ,‘m Unaudited Audited 1 |Assets 1 |Non-current assets (a) Property, plant and equipment 48342 “o4p (b) Capital work-n-progress 3833 1437 () Rightof use assets 19278 14189 (d) Invesiment properties 0.11 011 (e) Goodwll 1355 1355 (0 Other intangible assets. 1537 17.69 ) Intangible assets under development 356 1.05 (W) Financlal assets @ Investments 118.68 118.96 @ Loans 0.14 017 (W) Other Snancial assets 26.14 3183 (0 Income tax assets (ney) 242 413 (i) Other non-current assets 3951 429 Total non-current assets 9570 87248 2 |Currentassets (a) Inventories s 63057 (®) Financial assets (@ Investments 26857 26088 (W) Trade receivables 400.71 39483 (W) Cash and cash equivalents 8231 96.41 (i) Other bank balances 081 1.70 (v) Loans 086 088 26.02 30.01 195.77 156.18 1.751.93 1.571.54 2,687.63 244402 () Other current assets Total current assets [Total assets 1 [Equity and iabilities (Equity (a) Equity share capital 4128 41.28 (b) Other equity 1.028.83 95174 Total equity 1.070.11 993.02 2 |Uiabilities INon-current liabilities. () Financial liabllites () Borrowings 262 387 (W) Lease liabilities 11484 108.00 (i) Other financial iabilties 0.50 0.52 (b) Provisions 86.31 7787 (c) Deferred tax fabilies (ne) 1227 14.02 (d) Other non-current lablities. 4927 4887 Total non-current liabilities 265.81 252.75 Current liabilities (3) Financial labiites () Borrowings 5.60 8.10 (F) Lease kiabilties aar 3188 (i) Trade paysbles (A) total outstanding dues of micro enlerprises and small enterprises b s (8) fotal outstanding dues of creditors other than 1,016, micro enterprises and small enterprises e sovsr (W) Other financial kabites 4534 34.18 g Other current liabiities 155.84 14584 ke e current ol Ssbilkies 135071 | 119825 [Total equity and lisbilities 1817521 1451.00 2,687.63 2444.02
Page 5
IFB Industries Limited Unaudited Standalone Statement of Cash Flows for the six months endod 30 September 2028 ‘Six month ended Six month ended [Particutars 30 September 2026 | 30 September 2025 Unaudited Unaudited Rs.In crores Rs.in crores (A Casn flows from operating activities Profit before tax 105.40 10225 |Adjustments for: Depreciation and amartisation expense .43 50.28 Gain on disposal of property, plant and equipment . (0.03)] Other non-cash ftems 0.08 0.16 Allowances for doubful debts and advances 0.14 054 mgi«mmdmmmnflvflanum (0.87)] (0.47), Wite back of liabiites no longer required (0.05) (0.27) Wkte back of provision on debls no longer required (0.07) (0.10) Unrealised exchange (gain) / loss (5.02)] 1.68 Interest income on financial assets (0.88) (1.09) Net gain aising on fairvalue changes on mutual funds measured 3t far value (8.84)] (6.26)] through profit o loss Loss ariting on falr valus changes of equity Invesiments measured al faf value 028 - through profitor loss Net (gaity ! loss arsing on derlvative instruments measured at fair value through 5.9 (5.44) profit or loss. Income In respect to deferred revenua from govemment grant (0.50) (0.89) Finance cost on financial liabiites measured at amortised cost 0.43 182 Other finance costs 8.99 878 Operating profit before changes in operating assets and liabilities 169.08 750.92 |Adjustments for: Increase / (Decrease) in Trade payables 12199 85.89 Increase / (Decrease) in Provisions 18.40 863 Increase ! (Decrease) in Other financial liabilities 6.00 (0.65) Increase / (Decrease) in Other liabiliies 1130 (10.71)| (Increase) / Decrease In Trade receivables (6.96) (2421) (increase) / Decreasa in Other financial assets (5.12) 14.82 (Increase) / Decraass in Other assels (40.87)| (2853) (Increaso) / Decrease in Loans 0.25 003 (Increase) / Decrease in Inventories (148.61) (25.58) Cash generated from operations 12837 17963 Income tax paid (net of refunds) (19.77) (20.81)] Net cash generated from operating activities 108.60 158.82 B. Cash flows from investing activities payments for purchase of property, pant and equipment (including capital work-in- progress) and intangible assels (54.57) (42.44) Procaeds from sale of praperty, plant and equipment® - 004 Govemment grant received - 040 Payments for purchase of current investments (mutual funds) (379.00) (345.05) Proceeds from sale of current investments (mutual funds) 381.00 425.50 Fixed deposit with banks (placed) / realised (net) 1.09 7.35) Interest income received on financial assets 0.1 0.98 (51.29) (67.92) |Net cash used in investing activities s less than Rs. 50.000 [FAmount in current pet 7 X, ‘g * Kolkata X SO R Ja«ozsa&‘“%\'/
Page 6
I Industries Limited Unaudited Standalone Statement of Cash Flows for the six months ended 30 September 2026 S month ended | Six month ended 2006 | 30 Seotember 2025 [Particutars 30 September = Rs. in crores. Rs. incroms C. Cash flows from financing sctiviies Proceeds / (repayments) of short term borrowings (net) - [@5.89) Repayments of iong e borrowings. (@ss)) (4.55) Lease rent paid - principal porSon (s749)] (18.99)) LLease rent paid - interest portion .8)) (©.69) Financa costs paid 2.55)] [Net cash used in financing activities T THo.01) [Net decrease in cash and cash equivalents (A+B+C) (X5 [(EXT] |Cash and cash equivalents at the beginning of the period 84t s102 | TranslaGon adjustment of foreign currency cash and cash equivalents o.01 (Cash and cash equivalents at the end of the period _= [Non-cash financing and investing activities: Acquisition of right-of-use assets 7499 [Bresk-up of Cash and cash equivalents at the end of the pericd: Asat Asat 30 September 2026 | 30 Seplomber 2025 Ra. In crores. Rs. In crores Balances with banks - cumrent accounts. 8074 67.89 - deposit accounts ors 276 Cheques on hand - 040 Cash on hand 082 088 Total 231 s a) The abave standalone statement of cash flows has been prepered under the “Indirect Method™ a3 set out in Ind AS 7 - Statement of ‘Cash Flows. b) Proceeds from fixed deposits for the six months ended 30 September 2026 amounted 1o Rs. 29.60 crores (30 September 2025: Rs. 60.16 crores)
Page 7
STANDALONE SEGMENT REVENUE, RESULTS, ASSETS AND LIABILITIES Ry, in crores o T ToGeptomber| 30June |30 Septembar| 30 31 March (Partieutars 2018 2028 2028 2026 2028 2028 Unaudlied | Unsudiied | Unsudited | Uneudited | Unsvdited | Audited | aoso| tazezs| rosedo| 240023| 2t0049| 4229 5 25783 2822 541.08 44188 9018 07 2158 17.08 a7.57 6.5 BATY $0.08 748 1871 98.30 184.10 8484y | 188880 310820 031 3620 3174 7849 73] 1iwa Teosan | isnet 23 028 o090 10083 a1 .78 2000 880 109.94 ©.0)| (1.8 (029) . [ 230 208 8450 (X [TX1] 2478 KFE1) [T on 010 (Y] 0.12 005 a an 801 088 1092 20 338 760 938 1810 278 .08 [IXTY [T¥TY 108,40 __17e.e1 ] 1.834.00 188178 1881 183400 1,551 1.508.82 8081 a4 08,04 sarne b il wn nn 8 “am B4 080 2.0 69.05 76.00 210 75.00 7382 avss | aseor 40808 ey acsos| anm EXCT1ACTY M 52 X T I X110 ) M XY ARLA) 25042 14830 1T 124630 1079 a0 mno 14820 e ws20 185.08 e e 090 na no 01 :: na nn RSl wn nw 5200 “29 580 4 CXTIATY MK XEUTY M KUK e \.fi KX Phaca: Kokata Date 1 27 Octobar 2004 The andakone fanclal rauits were revawed by tha Aot Commitiea and approved by the Board of Direciors of the Campary 3t Rs mealigs hakd on 27 Oclober 2028, Tha HaNASry m0dhore have parformed Bnited review of he slandalons fnancll resuts for the quarler and vl moniha snded 30 Soptember 2026, Tha Statemen has been propared 1 ‘accordance wih the Indan Accounting Standards notfled under Sectin 133 of the Companes Act, 7013 read wah rules ramed thereunder and Reguision 39 of the SEBI Using Repulabons 2018, 88 amanded from Hme o tme. e Qureare M-‘rnwammnmmwmummnuwnmmn o4 1o peimary segment For e year ended 31 March 2026, "Excepional e amounting 1o Re. 13,00 crores represents the Incremental impact of 1he changes dus 1a. consalietion of 29 exisling lbour 14 10 ot Labour Codes - the Code on Weges, 2018, 1he skl Relaons Oode, Code, 2020 84 nokiied by the Qoverrvnen of nda on 21 November, 2028,
Page 8
Price Waterhouse & Co Chartered Accountants LLP Review Report To The Board of Directors IFB Industries Limited 14, Taratolla Road, Kolkatii- 700088 3. We have reviewed the consolidated unaudited financial results of TFB Industries Limited (the “Holding. Company”), its subsidiaries (the Holding Company and its subsidiaries hereinafter referred to as the “Group”), and its share of the net loss after tax and total comprehensive loss of its associate company (refer Note 2 on the consolidated unaudited financial results) for the quarter ended September 30, 2026 and the year to date results for the period April 1, 2036 to. September 30, 2026, and the consolidated \inaudited statement of assets and liabilities as on that date and the consolidated unaudited statement of cash flows for the half-year ended on that date which are included in the accompanying *Unaudited erided 30 September 2026', ‘Unaudited Consolidated Financlal Results for the quarter and six months Consolidated Balance Sheet as at 30 September 2026" and “Unaudited Consolidated Statement of Cash Flows for the six months ended 30 September 2026’ (the “Statement”). The Statement is being submitted by the Holding Company pursuant to the requirement of Régulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing Regulations, 2015%), which has been initialled by us for identification purposes. 2. This Statement, which is the responsibility of the Holding Coriipany's Management and has been approved by the Holding Company's Board of Directors, has-been prepared in accordance with' the recognition and measurement principles laid down in Indian Accounting Standard 34 “Interim Financial Reporting”, prescribed under Section 133 of the Conipanies Act, 2013, and other accounting principles generally accepted in India, Our: responsibility-is to express a conclusion on the Statement based on ouf review. 3. We conducted our review of the Statement in accordaice with: the Standard on Review Engagements (‘SRE)) 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate aésurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons and applying analytical and other review procedures. A responsible for financial and dccounting matters, review is substantially less in scope than an audit conducted in ac¢ordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significarit matters that might be identified in an audit. Accordingly, we do not express.an audit opinion. Weals6 perfotmied procedures in accordance with the cireutar issned by the SEBY under Regulation 33 (8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as, amended, to the extent applicable. 4. ‘The Statement includes the results of the following entities: « IFB Industries Limited, Holding Company Global Antomotive & Appliances Pte. Limited (GAAL), wholly-owned subsidiary Thai Automotive and Appliances Limited, wholly-owned subsidiary of GAAL Schinid Automative & Appliances GmbH, wholly-owned subsidiary of GAAL 1FB Refrigeration Limited, dssociate company Price Waterhouse & Co Chartered Accountants LLP, Plot No. 56 & 57, Block DN; Sector V, Kolkata - 700 091, India ! T: +91 (33) 44044346 ‘Ragistered ollice and Hiag ofice: Piat No. S6 & 57, Black DN, Secior-V, Sl Lako, Kolkata - 700 091, e WeleHouie G o Poreesip i) convcrad vt oo Wilirhoue & Go Grrlare Acceunlan LUP (4 Liviled sty Partnerchip with LLP idanbly o S ans e Sct Yo g1, 2013, Pesl I ol Frcs Walrhouse & Co Gltaed Accaumlants LLP. i (0N regiatration numbr it
Page 9
Price Waterhouse & Co Chartered Accountants LLP ew conducted and procedures performed as stated in paragraph 3 above and based on e other auditors referred to in paragraph 6 below, nothing has eve that the accompanying Staternent has not been prepamd e tecognition and measurement principles laid down in the ther accounting principles generally accepted in India and disclosed in terms of Regulation 33 of the Listing is to be disclosed, or that it contains any material 5. Based on our revi the consideration of the review report of. the ‘come to our attention that causes us to beli in all material respects in accordance with th aforesaid Indian Accounting Standard-and o has not disclosed the information required to be Regulations, 2015 including the manner in which it misstatement. 6. The consolidated unaudited finaricial results include the Group's share:of net loss after tax of Rs. 6.56 crores and Rs. 6.23 crores and total. comprehensive 1oss of Rs. 6.56 crores and Rs. 6.23 crores for the quarter énded September 30, 2026 and for the period from April 1, 2026 to September 30,.2026, ese interim financial results have been reviewed by respectively, in respect of an associate company. Th other auditors and their report dated October 23, 2026, vide which they have issued an uamodified iditors and our conclusion on the Stateraent, in so tonclusion, have been furnished to us by the other a far as it relates to the amounts and disclosares. included in respect of the associate company, is based on the repart of the other auditors and the procedures performed by us as stated in paragraph.3 above. Onr conclusion on the Statement is nat modified in respect of the above matter. For Price Wagerhouse & Cp Chartered Accounitants LLP Firm Regis! n Numbef: 304026E/E-366009 ‘UDIN: 26094549 WNJFHZ5571 Gurugram October 27, 2026
Page 10
IFB INDUSTRIES LIMITED CIN: LS1109WB1874PLCO20637 REGISTERED OFFICE: 14, TARATALA ROAD, KOLKATA-700088 UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE numtxmonxmwmtmu SEPTEMBER 2028 Rs. in crores |Particulars. 30 September| 30 Jy 30 September = e 4 une 30 30 September March 2026 2028 2025 2028 225 "M Unaudited Unaudited Unsudited Unsudited 1 [Revenue from operations. 1,676.78 1.584.74 137043 3,16082 270874 .:l“ 2 Income 749 577 L) 1328 %89 an 3 Income (1+2) 1,583.27 1,590.51 131738 nn 272683 558250 “ s (a) Cost of materials consumed 715.56 61355 1.5%.92 122284 28U (b) Purchases of stock- in- trade 31288 24386 54555 417.18 80372 (c) anammmm.wmmm«m— (44.82)) (52.42)f (99.18)| 1488 (d) Employee benefits expense 111,59 1287 22544 2480 4350 (e) Finance costs - () On borrewings 0.20 045 04S 184 28 (B) Other finance costs 4.58 45T 9.15 10 18.08 () Depreciation and amortisation ‘expense 3318 2989 811 60.63 12200 (g) Other expenses 35299 77024 707.53 143295 [Total expenses 1,523.04 1,308.56 3,086.88 281732 sS4 1] Mm-unnuk--nlmuuehb,nwmmmm) 60.23 T80 "0 10831 27 6 [Share of profit/ (loss) of an associate (6.58) 033 .78 (a23) a3 ta0) 7 Mbfilmulflflunflhflmmuxfl&q 53.67 5720 To.04 11087 10808 20041 8 [Excoptional item - . . . = (13.96) 9 |Profit before tax (7.8) 867 s720 T0.04 Hosr 10808 18248 10 [T (:)xm 1644 1479 2049 na 228 4:::: ) Current tax relating to eartier period . - - - - ::) Deferred tax (a9 (0.84) 124)} (.79 (.50 (.08) 11 |Profit for the yeariperiod (8-10) 3834 4308 sor " 898 “ase 12 |Other com ensive income A0 Itrl:;:\fll not to be reciassified 1o profit of loss (0.36)} (0.35)) 074 (a7 148 259 mmumwwhnmmwmhmmmwhn 0.08 0.08 (0.18)] o1 o) 0.59) B () hems that will ba reclassified to profit of loss 061 (0.58) 207 008 an Al @mumulm-mmnwbmmw - . . . - Total other comprehensive income 034 (0.84) 283 (050) 440 boid 13 |Total comprehensive income for the year / period (11412) 8.8 221 .42 029 "nas 18247 {Profit for the year / period mo«nm:m parant 3834 43.05 so.re 81.39 T80 14388 Interests. - . N . . - | Total comprehensive Income for the year / period Ouwl: the parent 3868 a2 8342 80.89 8138 ‘fl:" 14 |Paid-up equity share capital 4\?2' a2 a2 4128 a2 a2 (Face Value - Rs. 10/- each) 16 |Other equity 953.5 arning ‘equity share of Rs. 10/- each (not annualised) * (!-I !lfi: ::Rl ) s 9.47 1062 1283 2009 1099 B (b) Dhuted (In Rs:) 947 10.62 1283 20,00 3543
Page 11
UNAUDITED CONSOLIDATED BALANCE SHEET AS AT 30 SEPTEMBER 2026 Rs. in crores 2\ A AW Q/\vd/'lamzemfl * Kolkata X SLNo. [Particulars Asat As at 30 September | 31 March 2026 2026 Unaudited | Audited [Assets [Non-current assets (a) Property, plant and equipment S840 siaze (b) Capital work-in-progress 3946 14.50 () Right of use assets 19378 141.89 (d) Investment properties 011 0.11 (&) Goodwil 2115 2108 Other intangible assets 1545 17.79 (g) Intangible assets under development 355 1.05 (h) Financial assets (@) Investments 453 51.04 (i) Loans 0.14 017 () Other financial assets 2658 226 () Income tax assets (net) 312 413 () Other non-current assets 3757 u52 Total non-current assets 891.83 837.30 Current assets (a) Inventories 78275 635.13 (b) Financial assets () Investments 26857 26168 (i) Trade receivables 45037 437.09 (i) Cash and cash equivalents 112.28 12058 (i) Other bank balances 081 170 (v) Loans 066 0.88 (v)) Other financial assats 29.10 3254 (c) Other current assets 197.38 156.83 Total current assets 1841.72 | 1.646.43 Total assets 273355 | 248373 [Equity and liabilities Equity (a) Equity share capital 4128 4128 (b) Other equity 1.034.47 953.58 Total equity 1,075.75 994.86 Liablities [Non-current liabilities (a) Financial iabilites () Bomrowings 420 585 (i) Lease fabilties 11484 108.00 (i) Other financial liabiliies 0.50 0.52 (b) Provisions 86.99 7828 (c) Deferred tax liabiiies (net) 1227 14.02 (d) Other non-current liabikties 49.27 48.87 Total non-current liabilities 268.07 255,54 Current liabilities (a) Financial labilities () Borrowings 666 10.17 (W) Lease fablliies a7 3188 (i) Trade payables (A) total outstanding dues of micro enterprises and small i 62581 57.72 (B) total outstanding dues of credilors other than micro WW 1,051.61 93531 and small enterprises (W) Other financial liabifties 4534 3418 (b) Other current liabilities 156.59 146.87 (c) Provisions 1542 14.40 (d) Income tax iabiliies (net) 1043 280 Total current liabiities 138073 1233 Tots Kabiikies 1,657.80 | 148887 [Total equity and liabilities 2.733.55 24833H |5 S o\ P Q SN L2 U x &
Page 12
IFB Industries Limited Unsudited Consolidated Statement of Cash Flows for the six months ended 30 September 2026 Sixmonth ended | Sx month ended Particulars 30 September 2028 | 30 Seplomber 2025 Unaudited Unsudted Rs.in crores Ra. in crores [ Cash flows from operating activities Profit before tax o7 105.08 | Adjustments for. ation and amortisaion expense .11 6063 Gain on disposal of property, plant and equipment - (0.09) Ofher non-cash fems 009 0.16 Allowances for doubiful debts and advances. 0.14 055 Net gain on disposal of mutual funds measured a! far value thiough profil or loss (047 (047) ‘Write back of labikties o longer required (0.05) (021 Write back of provision on debts no longer required (0.07)] (0.10)| Unrealised exchange (gain) / loss . (5.20) 150 Interest Income on financial assels 1.29)] (1.39) Net gain arising on lair value changes on mutual funds measured at fair value (8.34) (6.29) through proft or loss Loss arising on fair vakue changes of equify investments measured at fair value 028 - through profit or loss :flmlwmmmmm-uvnm 53 (5.44) orloss Income in respect to deferred revenue from govemment grant 10.90) (0:89) Snare of loss in an associale 623 3 Finance cost on financial kabiliies measured at amortised cost 045 184 Other finance costs 8.99 876 (Operating profit before changes In operating assats and liabilites 18154 167.02 |Adjustments for: Increase / (Decrease) in Trade payables 12638 9569 Increase / (Decrease) in Provisions 1849 814 Increase / (Decrease) in Other financial kabiities 6.00 (0.69) Increase / (Decrease) in Other liablties 1140 (10.29) (Increase) / Decrease in Trade receivabies (1320) (@467 {Increase) / Decreass in Other financial assets (5.84) 14.80 (Increase) / Decrease in Other assels (32.69) (2812) (increase) / Decrease in Loans 025 003 1 Decrease in Inventories (147.88) (259 [Cash generated from operations 137.92 1859 Income tax paid (net o refunds) (2272) (2269) [Net cash generated from operaling activities 115.20 18333 8. Cash Nows from invasting activities Payments for purchase of property, plant and equipment (including capital work-i- progress) and intangidlo assels (86.15) (40.82) Proceeds from sale of properly, plant and equipment™ - 004 Govemment grant received - 040 Payments for purchase of current investments (mutual funds) (579.00) (245.09) Proceeds from sale of current investments 38182 32550 Fixed deposit with banks (placed) / realised (nef) 1.09 (7.39) Interest income received on financial assets 0.56 125 INet cash used in investing activities (51.68) 72.03) [*Amount in current period Is iess than Rs. 50.000 ZRIS 52 EN AAC- 755 Foy Rig o ¢ untan )5 i A (E SO . / &
Page 13
IFB Industries Limited Unsudited Consolidated Statement of Cash Flows for the six months ended 30 2026 os. s‘ww Particutars 30 September 2026 | 30 Unaudited Unaudited Rs. In crores. Ra.In crores C. Cash flows from financing activities Proceeds / (repayments) of short term borrowings (nel) - [75.84)) Proceeds from long term borrowings - 296 Repayments of long term borrowings (543) (4.89) Lease rent paid - principal portion (57.49)| (18.99) Lease rent paid - interest portion (s7) (8:69) Finance costs paid @50 o Net cash used in financing activities 7202) 07.47) Net decrease In cash and cash equivalents (A$B+C) ®50) (611 |Cash and cash equivalents at the beginning of the perfod 12058 10928 [ Transtation adjustment of foreign currency cash and cash 020 057 [Cash and cash equivalents at the end of the period 11228 9412 Non-cash financing and investing activities: Acquisition of right-of-use assets 7495 1581 wgmmwflflm Asat Asal 30 September 2026 30 Seplember 2025 Particulers Rs. In crores Rs b cores Balances with banks. - current accounts 9201 74.55 - depost accouns 19.44 18.30 ‘Chegues on hand - 040 Cash on hand 0.83 087 Total 11228 9412 Mathod" 25 set outn Ind AS 7 - Statement of -)mmmmmmmmmmmuwmnw Cash Flows. mmmmmumn.wmwmmtu b) Proceeds from fixed deposits for the six months 60.16 crores)
Page 14
CONSOLIDATED SEGMENT REVENUE, RESULTS, ASSETS AND LIABILITIES % riicanded [Particuters. 2028 202 [_Unsudiied | Unsusied (a) Home moplances 122088 | 120889 ) Engieering mee| e <) W 271 2158 “r 5098 8189 [ a0 Lrevenue 4021 36.28 " 157878 7 ‘Results - Profit before Interest and tax (o) Home sppiances nxn U3 u 783 7572 vez ) Engresg 3821 san| 1acz {6) otor (©.90) 03| (109 Stool 230 298 711 To83 Tase | mase Less: (0 ioter- sogment eleminations. 03: 012 o0s Finance costs AT8 10.94 nxn (8) Other umaocable expendiure net off unatocabie income 550 1543 Fry |(N) Share ot (prol) / loss of an associate 6.58 3 140 fotal Profit before tax 53.67 10508 19248 [Segment Assets (3) Home apphances 1698.43 159867 155895 (b) 55432 40157 4022 c) wotor wn 83 xm0 (d) Steel 7210 75.00 T3S j(e) Un assots. 367.99 34098 37044 [Total Segment Assets 273358 245180 Za87 |Segment Lisbilities (a) Home sppances 140,48 12| s 19219 Rl 17751 (c) Motor 387 ns% 218 \(d) Stoel %639 un M Jie) Unstocable iabiltes 56.80 5208 < 03 [Total Segment Liabilities 186700 18882 EXIET) 185780 isas| reaw Notes: The conscdated nancia esuts vt feiewed b ha Ak Commites and apptoved by Ih Board o Dscor of o Holdog Compory t s masigs e o 27 Ocobe 2025, The ‘statuory audilors have performed kiled review of the consoidaled fiiancal results for the quarter and six montha ended 30 Seprember 2026, Ta Statement has been prepared in ‘accordance with the Indian Accounting Standards notfied under Seckion mummumamnm-—ummnmud-mm Regulations 2015, as amendad from time Lo time. The consobdaled financial resuits Include fnandisl resuls / informaton of Holding Company - IFB Industfes Limiled, Subsidlaries -Global Automotive & Applances Ple. Lid, Thal Automolive and Applances Limiled and Schmid Automolive 8 Appliances GmbH and an associele - lFlm 1FB Industies Limied, N subeldaries and associate are prmarty engued in business of hame applances, engineerng (e blarked components and Stamping), Mmolor and steel Accandingly IFB industies Limiled, ks subsidaries and associate considers the abave business segment as the pAmary segment. For the year ended 31 tarch 2026, “Exceptional em" amouniog t Rs. 13.96 crores represents tha incremental impact of the changes dus 1o consoldason of 29 exlsting labour laws Inlo fou Labour Codes - the Code on Wages, 2019, tha Indualrial Relationa Code, 2020, the Cods on Socal Securty, 2020, and the Oceupatonal Salety, Heath and Working ‘Conaitons Code, 2020 85 noltied by the Governwment of India on 21 November, 2025. MDinclul 7@&‘1“% ‘Managing Director (HAD) S Q\) e = 7 \%0/