Interim report
Page 1
October 16, 2026 Department of Corporate Services BSE Limited, Mumbai 400 001 Through: BSE Listing Centre Scrip Code: Equity - 533273 Debt: 976127, 976128 0€ OBEROI REALTY The Listing Department National Stock Exchange of India Limited, Mumbai 400 051 Through: NEAPS Scrip Symbol: OBEROIRLTY Sub: Unaudited consolidated and standalone financial results for the quarter ended September 30,2026 Dear Sirs, With reference to the above, we hereby inform you that the Board of Directors in their meeting held on October 16, 2026 have approved the unaudited consolidated and standalone financial results for the quarter ended September 30, 2026 and the same are enclosed herewith. Also enclosed herewith are the Limited Review Reports on the above consolidated and standalone financial results. The above meeting of the Board of Directors commenced at 2=.._:_.3Q_ p.m. and concluded at ~ 3_:~ p.m. ~ Also, with the financial results as above having been communicated to the stock exchanges, the Trading Window shall open w.e.f. October 19, 2026. Request you to kindly take the above on record and oblige. Thanking you. For Oberoi Realty Limited C ask~ ~ ---,,c-- -- ompany Secretary Encl: As above. Oberoi Realty Limited, Commerz, 3rd Floor, International Business Park, Oberoi Garden City, Off Western Express Highway, Goregaon (E), Mumbai - 400 063. Tel: +91 22 6677 3333 Fax: +91 22 6677 3334 www.oberoirealty.com Email: corporate@oberoirealty.com GIN: L45200MH1998PLC114818
Page 2
SR BC & COLLP 12th Floor, The Ruby 29 Senapati Bapat Marg Dadar (West) Chartered Accountants Mumbai • 400 028, India Tel : +91 22 6819 8000 Independent Auditor's Review Report on the Quarterly and Year to Date Unaudited Consolidated Financial Results of the Company Pursuant to the Regulations 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors Oberoi Realty Limited 1. We have reviewed the accompanying Statement of Unaudited Consolidated Financial Results of Oberoi Realty Limited (the "Holding Company"), its subsidiaries (the Holding Company and its subsidiaries together referred to as "the Group"), its associate and joint ventures for the quarter and period ended September 30, 2026 (the "Statement") attached herewith, being submitted by the Holding Company pursuant to the requirements of Regulations 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations"). 2. The Holding Company's Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulations 33 and 52 of the Listing Regulations. The Statement has been approved by the Holding Company's Board of Directors. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement . A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters , and applying analytical and other review procedures . A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion . We also performed procedures in accordance with the Master 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 listed in Annexure 1 of this report: 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 other auditors referred to in paragraph 6 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with recognition and measurement principles laid down in the aforesaid Indian Accounting Standards ('Ind AS') specified under Section 133 of the Companies Act, 2013, as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 6. The accompanying Statement includes the unaudited interim financial results and other financial information, in respect of: • Four subsidiaries, whose unaudited interim financial results include total assets of Rs. 2,156.48 lakhs as at September 30, 2026, total revenues of Rs 0.92 lakhs and Rs. 1.84 lakhs, total net profit after tax and total comprehensive income of Rs. 0.18 lakhs and Rs. 0.60 lakhs, each for the quarter ended SR BC & CO LLP, a Limited Liability Partnership v,ith LLP Identity No. AAB·4318 Regd. Off1ce: 22. Camac Street. Block 'B'. 3rd Floor. Kolkata-700 016
Page 3
SR 8 C & CO LLP Chartered Accountants Oberoi Realty Limited Page 2 of 3 September 30, 2026 and for the period ended on that date respectively, and net cash outflows of Rs. 1.37 lakhs for the period from April 01, 2026 to September 30, 2026, as considered in the Statement which have been reviewed by their respective independent auditors. • Three joint ventures, whose unaudited interim financial results include Group's share of net profit after tax and total comprehensive income of Rs. 47.49 lakhs and Rs. 91.9S lakhs each for the quarter ended September 30, 2026 and for the period ended on that date respectively, as considered in the Statement whose interim financial results and other financial information have been reviewed by their respective independent auditor . The independent auditor's reports on interim financial results and other financial information of these entities have been furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures in respect of these subsidiaries and joint ventures is based solely on the report of such auditors and procedures performed by us as stated in paragraph 3 above. 7. The accompanying Statement includes unaudited interim financial results and other unaudited financial information in respect of three joint ventures , whose interim financial results includes the Group's share of net loss after tax and total comprehensive loss of Rs. 0.01 lakhs, each for the quarter ended September 30, 2026 and for the period ended on that date respectively. The unaudited interim financial results and other unaudited financial information of these joint ventures have not been reviewed by any auditors and have been approved and furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the affairs of these joint ventures, is based solely on such unaudited interim financial results and other unaudited financial information. According to the information and explanations given to us by the Management, these interim financial results and other financial information are not material to the Group. Our conclusion on the Statement in respect of matters stated in paragraphs 6 and 7 above is not modified with respect to our reliance on the work done and the reports of the other auditors and the financial results certified by the Management. For S R B C & CO LLP Chartered Accountants ICAI Firm registration number: 324982E/E300003 Partner Membership No: 110759 UDIN:'2..6110759\/IY\KvJb:-"'L ?,go-g Place: Mumbai Date: October 16, 2026
Page 4
SR BC & CO LLP Chartered Accountants Oberoi Realty Limited Page 3 of 3 Annexure 1 to the Review Report on the Unaudited Consolidated Quarterly Financial Results of Oberoi Realty Limited for the quarter and period ended September 30, 2026 Subsidiaries 1. Buoyant Realty LLP 2. Encase Realty Private Limited 3. Expressions Realty Private Limited 4. Incline Realty Private Limited 5. lntegrus Realty Private Limited 6. Kingston Hospitality and Developers Private Limited 7. Kingston Property Services Limited 8. Oberoi Realty Foundation 9. Perspective Realty Private Limited 10. Pursuit Realty LLP 11. Centerstage Realty Private Limited (w.e.f June 02, 2026) Joint Ventures 1. Homexchange Private Limited 2. Moveup Real Estate Private Limited 3. Saldanha Realty and Infrastructure LLP 4. Schematic Estate LLP 5. Shri Siddhi Avenues LLP 6. Hotel Horizon Private Limited (w.e.f May 07, 2026) Associate 1. 1-ven Realty Limited
Page 5
Sr. No. I 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 <>« C>BERC>I REALTY OBEROI REAL TY LIMITED Registered Office . Commerz, 3rd Floor, International Business Park, Oberoi Garden City, Goregaon (E), Mumbai - 400 063, India CIN: L45200MHl998PLCI 14818, E-mail ID: corporate ~voberoirealty.com , Website: www.oberoirealty.com , Tel: +9 I 22 6677 3333, Fax: +9 I 22 6677 3334 Unaudited Consolidated Financial Results for the Quarter and Half Year Ended September 30, 2026 (Rs in Lakh except per share data) Particulars Quarter ended Half Year ended Year ended 30/09/2026 30/06/2026 30/09/2025 30/09/2026 30/09/2025 31/03/2026 Unaudited Unaudited Unaudited Unaudited Unaudited Audited Income a. Revenue from operation s 1,67,095 1,30,089 1,77,904 2,97, 184 2,76,659 6,00,906 b. Other income 6,542 6,080 6,580 12,622 15,223 29,521 Total income (a+b) I, 73.637 1,36,169 1,84,484 3,09,806 2,91 ,882 6,30,427 Expenses a. Land. development rights, construction and other costs 1,69,908 94,292 59,644 2,64,200 1,22,243 3,00,171 b. Change in inventories (1,14,40 1) (47,357) 7.652 (1,61 ,758) (15,986) (73,673) c. Employee benefits expense 1,890 4.125 3,448 6,015 6,662 I 3,468 d. Finance cost 5,8 14 5,243 7,117 11 ,057 14,612 24,063 e. Depreciation and amortisation 3,502 3,499 3,343 7,001 6,505 13,083 f. Other expenses 7,781 5,615 5,131 13,396 9,677 25,125 Tota l exoenses (a+b+c+d+e+I) 74,494 65,417 86,335 1,39,91 I 1,43,713 3,02,237 Profit before share of profit of joint ventures (net) and exceptional items (1-2) 99,143 70,752 98,149 1,69,895 1,48,169 3,28, I 90 Share of profit of joint ventures/ Associate (net) 424 412 1,165 836 1,841 1,677 Profit before excePtional items and tax (3+4) 99,567 71 ,164 99,314 1,70,731 1,50,010 3,29,867 Exceptional item - 2,306 Profit before tax (5-6) 99,567 71 ,164 99,314 1,70,731 1,50,010 3,27,561 Tax exoense a. Current tax 21,289 15,361 20,491 36,650 29,316 80,306 b. Deferred tax 2,113 1,452 2,797 3,565 2,543 (3,488) Net orofit for the oeriod 17-8) 76,165 54,351 76,026 1,30,516 1, 18, 151 2,50,743 Other comprehensive income a. Items that will not be reclassified to profit or loss (353) 161 (108) (192) (141) 28 b. Income tax relating to items that will not be reclassified to profit or loss 89 (4 1) 28 48 36 (7) Total comorehensive income for the oeriod 19+10)** 75,901 54,471 75,946 1,30,372 1,18,046 2,50,764 Paid-up equity share capita l (Face value of Rs. IO each) 36,360 36,360 36,360 36,360 36,360 36,360 Paid uo debt caoital 2,62,996 2,75.559 3,01 ,601 3,01,601 3,01,601 2,81 ,622 Other equity 17,55,803 Net worth I 9,08,992 I 8,39,868 16,73,989 19,08,992 16,73,989 I 7,92,163 Capita l redemption reserve 5,710 5.710 5,710 5.710 5,710 5,710 Earnings per share (EPS)* (Face value of Rs. 10 each) a) Basic EPS without considering exceptional items 20.95 14.95 20.91 35.90 32.49 69.44 b) Basic EPS 20.95 14.95 20.91 35.90 32.49 68.96 c) Diluted EPS without considering exceptional items 20.94 14.94 20.91 35.88 32.49 69.44 d) Diluted EPS 20.94 14.94 20.91 35.88 32.49 68.96 Debt equity ratio 0.14 0.15 0.18 0.14 0. 18 0.16 Debt service covera0 e ratio 3.87 1.61 4.26 2.44 2.86 2.68 Interest service coverage ratio 15.95 11.32 14.17 13.62 10.60 11.96 Current ratio 3.04 4.00 4.29 3.04 4.29 3.99 Lon}! tenn debt to working capita l ratio 0.1 7 0.19 0.24 0.17 0.24 0.2 1 Bad debts to Account receivable ratio Current liability ratio 0.70 0.60 0.52 0.70 0.52 0.58 Total debts to total asse ts ratio 0.09 0. 11 0. 13 0.09 0.13 0.11 Debtors tumoverA (days) 16 23 15 20 11 13 lnventorv turnover,.._ (davs) 1,86 1 2,020 1,319 1,964 1,641 1,582 Operating margin (%) 60.99% 56.43% 57.35% 59.00% 55.69% 55.50% Net orofit margin(%) 43.86% 39.92% 41.21% 42.13% 40.48% 39.77% • Not annualised, except year end BaSlc and Diluted EPS •• Entirely atttibu1able to shareho lders of the parent. A Ratios for the quarter/half year have been ann ualised. Notes: The Unaudited Consolidated Financial Results for the quarter and half year ended September 30, 2026 have been reviewed by the Audit C01runittee and approved by the Board of Directors at its meeting held on October 16, 2026 and have been subjected to Limited Review by the Statutory Auditors of the Company. The Consolidated Financial Results are prepared in accordance with the Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013. 2 The nature of the accounting of the real estate business of the Group is such that the result of the quarter/ha lf year/year may not be strictly comparable to earlier quarter/half year/year. At the Board Meeting held on October I 6, 2026 the Board of Directors of the Holding Company declared 2'~ interim dividend of Rs.2 per equity share (20% of face value of equity share) for the financial year 2026-2027. 4 The senior, rated, listed, secured , redeemable , non-convertible debentures issued by the Holding Company are secured by (i) exclusive mortgage of the unsold identified residentia l units in projects developed by the Holding Company, and (ii) exclusive charge on Receivables from certain identified residential units from the said projects, and the bank accounts into which such Receivables are deposited. The security cover of at least l .5 times in respect of the said debentures has been maintained as on September 30, 2026 as per the tenns of offer document and the Debenture Trust Deed. During the quarter ended September 30, 2026, the Holding Company, in exercise of the option available to it under the tenns of the Issue, had redeemed the Rs. 13,500 lakh from Series 2 NCDs (!SIN: INE093I07074). SIGNED FOR IOErJTIFICATION BY e
Page 6
6 Fonnulae for computation of ratios are as follows: a) Debt Equity Ratio = Debt/Equity (Debt = Non current borrow ings + C urrent borrowings including current maturities of long tenn debt) b) Debt Service Coverage Ratio = Earnings before interest and tax less interest income/(Int erest Expense + Principal Repayments made during the period) (Interest expense includes interest capitalised to projects) c) Interest Service Coverage Ratio = Earnings before interest and tax less interest income/Interest Expense di Current Ratio = Current Assets/Current Liabilities e) Long tenn debt to working capital = Non-Current Borrowing s (Inc luding Current Maturities of Non-Current Borrowings)/Current Assets Less Current Liabilities (Exc luding Current M aturities of Non-Current Borrowings) f) Bad debts to Account receivable ratio = Bad Debts/Ave rage Trade Receivables g) Current liability ratio = Total Current Liabilitiesrro tal Liabilities hi Total debts to total assets = Total Debtffota l Assets i) Debtors turnover = Average Trade Receivablesffota l revenue from operations (For revenue from projects for sale, the billing during the period is considered). j) Inventory turnover = Average Inventories/Cost of Goods Sold k) Opera ting margin( %) = (Earn ings before interest, lax and depreciation and amortisation - Other Income)/ Revenue from operations I) Net profit margin(%) = Net profit for the period (Incl uding Share of profit / (loss) of joint ventures (net))/ Tota l income The standalone financial results for the quarter and half year ended September 30, 2026 are summarised below and detailed financial results are available on the Company·s website www.oberoirea lty.com and have been submitted to the BSE Limited (www. bseindia.com) and Na tional Stock Exchange of India Limited (www.nseindia.com) , where the equity shares of the Company are listed. Particulars Quarter ended Half Year ended 30/09/2026 30/06/2026 30/09/2025 30/09/2026 30/09/2025 Unaudited Unaudited Unaudited Unaudited Unaudited Tota l revenue (including other income) 1,58,8 14 1,16,848 1,60,959 2,75,662 2,47,043 Profit before tax 94,236 64,15 1 80,4 10 1,58.387 1,19,969 Profit after tax 73,588 50,763 6 1,802 1,24,35 1 92,686 Unaudited Consol idated Segment wise Revenue, Results, Assets and Liabilities for the quarter and half year ended September 30, 2026: Particulars Quarter ended Half Year ended 30/09/2026 30/06/2026 30/09/2025 30/09/2026 30/09/2025 Unaudited Unaudited Unaudited Unaudited Unaudited Segment Revenue (a) Real estate 1,62,534 1,25,402 1,73.442 2,87,936 2,67,933 (bi Hosoitalitv 4,561 4,687 4,46? 9,248 8,726 Tota l Segment Revenue 1,67,095 1,30,089 1,77,904 2,97,184 2,76,659 Less: Inter se!.!ment revenue Net income from operations 1,67,095 1,30,089 1,77,904 2,97,184 2,76,659 Segment Expenses (a) Real estate Land, development rights. construction and other costs 1,68,46 1 92,8 II 58,286 2.6 1,272 1,19,607 Change in inventories (1.14,408) (47,376) 7,643 (1,61,784) (16,004) Other expenses 8,6 16 6,847 6,273 15,463 12,098 (b) Hospitality Food, beverages & Hotel Expenses 1,448 1,480 1,357 2.928 2,636 Change in inventories 8 19 9 27 18 Other exoenses 1,564 1,490 1,445 3,054 2,945 Tota l SePment Exoenses 65.689 55,271 75,0 13 1.20,960 1,21,300 Segment Results (Pro fit before unallocable (expenditure) / income, interest and finance charges and tax) (a) Real estate 99,865 73, 120 1.01 ,240 1,72,985 1,52,232 (bi Hospitality 1,542 1,698 1.65 1 3,240 3,127 Tota l Segment Results 1,0 I ,407 74,818 1,02,89 1 I, 76,225 1,55,359 Add/(Less): i) Interest and finance charges (5,8 14) (5,243) (7,117) (I 1,057) ( 14,612) ii) Unallocable income net of Unallocable Expenditure 3,550 1,177 2,375 4,727 7.422 Profi t before share of orofit of ioint ventu res/Associate (net) 99, 143 70,752 98, 149 1,69,895 1,48, 169 Add: Share of profit of joint ventures/ Associate (net) (a) Real estate 424 4 12 1, 165 836 1,84 1 Profit after share of profit of joint ventures/Associate (net) and before 99,567 71, 164 99,3 14 1,70,73 1 1,50,0 10 exceotional items and tax Segment Assets (a) Real estate 24,55,377 22,20,432 I 9.42, 124 24,55,377 19,42,124 (b) Hosoitalitv 1,97,8 19 1,90,379 1,74,191 1,97,8 19 1,74,19 1 Tota l segment assets 26,53, 196 24,10,8 II 21 ,1 6,315 26,53,196 21,16,315 Add: Unallocated assets ( I) 2,08,62 1 1,71,104 2,75,5 I 3 2,08,62 1 2,75,5 13 Tota l Assets 28,61,817 25,81,915 23,9 1,828 28,6 1,817 23,91,828 Segment Liabil ities (a) Real estate 9,19,788 7, 14,19 1 6,91,715 9, 19,788 6,91,715 (bi Hosoitalitv 19,487 15,376 16,165 I 9,487 16,165 Tota l segment liability 9,39,275 7,29,567 7,07,880 9,39,275 7,07,880 Add: Unallocated liabilities (2) 13,550 12,480 9,959 13,550 9,959 Total Li abilities 9,52,825 7,42,047 7,17,839 9,52,825 7,17,839 (I ) Unallocated assets pnman ly compnse of corporate mveshnents, tax, Right-of-use assets, deferred tax assets and certam property, plant and equipment. (2) Unallocated liabilities primarily includes tax, lease liabilities and deferred tax liabilities. (Rs in Lakh) Year ended 31/03/2026 Audited 5,20,258 2,58,670 1,96,837 (Rs in Lakhi Year ended 31/03/2026 Audited 5,81,108 19,798 6,00,906 6,00,906 2,94.259 (73,635) 23.961 5,912 (39) 6,951 2,57,409 3,36,522 6,973 3,43,495 (24.063) 8.758 3,28,190 1,677 3,29,867 21.11,185 1,82,984 22,94,169 2.38,679 25,32,848 7,18,262 7,78 1 7,26,043 14,642 7,40,685 For and on behalf of the Board Mumbai, Octobe r 16, 2026 , __ _2-,rs Obero i Chain nan & 1 7 i;mg Director SIGNED FOR IDENTIFICATION BY SR BC 8.c CO LLP fv1Ui\',GAI
Page 7
0€: C>BERC>I R E A L T Y OB EROI REALTY LI MITED Registered Offic e : Commerz, 3rd Floor, International Business Park, Oberoi Garden City, Goregaon (E), Mumbai - 400 063, India CIN: L45200MH i 998PLC 114818, E-mail ID: corporate (alobero irealty.com, Website: www.obero irealty.com, Tel: ~9122 6677 3333, Fax: +9 1 226677 3334 Unaudited Conso lidated Statement of Asse ts and Liabilities as at September 30, 2026 (Rs. in Lakh) Particulars As at 30/09/2026 As at 3 I /03/2026 Unaudited Audited ASS ETS I) Non-current ass ets a) Property, plant and equipment 22,62 1 23,883 b) Capital work in progress 1,92,483 1,75,173 C) Investment properties 4,38,079 4.43,258 d) Other intangible asse ts 1,777 1.994 e) Right-of-use assets 770 898 0 Investments accounted for using the equity method 37,300 37,529 g) Financial assets i) Investments 9,446 8,9 16 ii) Other financial assets 14,37 1 4,4 10 h) Deferred tax assets (net) 11,09 1 14,526 i) Other non-c urrent assets 99,3 12 97,29 1 8 27 250 8 07 878 II) Curr ent asse ts a) Inventories 11 ,80,080 10,18.322 bl Financial assets i) Investments 1,06.423 1.27,285 ii) Trade receiva bles 53,453 32,404 iii) Cash and cas h equiva lents 39,372 I 7,568 iv) Bank balances other than (iii) above 1,40,65 1 1,52,107 v) Loans 1,10,646 59,301 vi) Other financial assets 666 658 C) Current tax assets (net) 2,893 1,3 17 d) Other current assets 4,00,383 3,16.008 20.34 567 17,24,970 TOT AL ASSE TS (1+11) 28,61 81 7 25.32,848 EQUIT Y AN D LIABILIT IES I) Equity a) Equity share capi tal 36,360 36,360 b) Other equity 18,72,632 17.55,803 19 08,992 179216 3 II) Liabilities i) Non-curr ent liabilities a) Financial liabilities i) Borrowings 2, 12.834 2,36,420 ii) Lease Liabilities 592 705 iii) Trade payables a) Total outstanding dues ofm1cro enterprises 1,839 1,860 and small enterprises b) Total outstanding dues of creditors other than 5,9 1 I 5,996 micro enterprises and small enterprises iv) Other financial liabilities 1) Capua! creditors a) Total outstanding dues of micro enterprises 1,254 1,742 and small enterprises b) Total outstanding dues of creditors other than 2.203 2,87 1 micro enterprises and small enterprises 11 ) Other financial liab1liues 45,908 44,851 b) Provisions 4 17 455 c) Deferred tax liabilities ( et) 2 15 134 d) Other non-current liabilities 11,958 13,390 2 83 13 1 3 08 424 ii) Current liabiliti es a) Financial liabilities i) Borrowings 50,162 45,203 ii) Lease Liabilities 235 2 12 iii) Trade payables a) Total outstanding dues of micro enterprises 1,344 3,956 and small enterprises b) Total outstanding dues of creditors other than 67,908 45,246 micro enterprises and small enterprises iv) Other financial liabilities 1) Capital creditors a) Total outstanding dues ofm 1cro enterprises 248 6 13 and small enterprises b) Total outstanding dues of creditors other than 985 2,36 1 micro enterprises and small enterprises 11 ) Other linn.nc1al habiliues 44,683 43,008 b) Other curre nt liabilities 5,00,329 2,85,19 1 c) Provisions 170 2,493 d) Current tax liabilities (net) 3,630 3,978 6 69 694 4 32 261 TOT AL LIABILITIES (i + ii) 9 52 825 7 40 685 ITOT .i. l l'OI IITY AND LIABILITIES (!+ II) 28 61 817 25 32 848 SIGNED FOR IDENTIFICATION For and on behalfofthe Board BY e ✓ V asO i Mumbai, October 16. 20 6 Chainnan & Managi go· ctor s R B C & co LLP MUMBAI
Page 8
<)cg: C>~ERc:>I R E A L T Y OBEROI REAL TY LIMITED Registered Office : Commerz , 3rd Floor, International Business Park, Oberoi Garden City, Goregaon (El , Mumbai - 400 063 , India CIN: L45200MH I 998PLCI 14818, E-mail ID: corporate @oberoirealty.com, Website: www.oberoirea lty.com , Tel: +9 I 22 6677 3333 . Fax: +9 I 22 6677 3334 Unaudited Conso lidated Cas h Flow Statement for the Half Year Ended Septembe r 30, 2026 Particulars CASH FLOW FROM OPERATING ACTIVITIES: Profit before tax as per Statement of Profit and Loss Adjustments for Depreciation and amortisation expense Share based payment to employees Interest income (including fair value change in financial instruments) Interest expenses (including fair value change in financial instruments) Profit on sale of investments in mutual funds (net) (Gain)/loss on impainnent /sale of investment in joint venture (Gain)/loss from foreign exchange fluctuation (net) Loss on sale/discarding of property, plant and equipments (net) Share of profit of joint ventures Sundry balances written olli'(back) Operating cash profit before working capital changes Movement for working capital lncrease/(decrease) in trade payables lncrease/(decrease) in other liabilities lncrease/(decrease) in financial liabilities lncrease/(decrease) in provisions (Increase )/decrease in other assets (lncrease)/decrease in financial assets (lncrease) /decrease in trade receivables (lncrease) /decrease in inventories Cash generated/(used) from operations Direct taxes (paid) /refund (net) Net cash inflow/(outflow) from operating activities CASH FLOW FROM INVESTING ACTIVITIES: Payments/adjustments for property, plant and equipment, investment properties, intangible assets and capital work-in-progress, including changes in capital advances and capital creditors (net) Proceeds from sale of property , plant and equipment , investment properties, intangible assets Interest received (A) Decrease/(increase) in loans and advances to/for joint ventures (net) (Acquisition) /Proceeds on sale of investment in joint ventures and other (net of taxes) (lncrease) /decrease in other financial assets Proceeds from sale of investments in mutual fund Purchase of Mutual Fund Investments Net cash inflow /(outflow) from investing activities CASH FLOW FROM FINANCING ACTIVITIES: Repayment of debentures Proceeds from short tenn secured borrowings Repayment of short tenn secured borrowings Proceeds from long tenn secured borrowings Repayment of long tenn secured borrowings Interest paid (gross) Dividend paid Net cash inflow/(outflow) from financing activities Net increase/(decrease) in cash and cash equivalents Add: cash and cash equi valents at the beginning of the year Cash and cash equivalents at the end of the period (B) (C) (A+B+C) !Rs in Lakhl Half Year ended 30/09/2026 30/09/2025 Unaudited 1,70,731 7,001 999 (9,490) 11,057 (2,825) 31 29 (836) (7) 1,76,690 19,921 2,08,720 1,901 (2,553) (81,030) (9) (21,048) (1 ,60,515) 1,42,077 (38,574) 1,03,503 (22,680) 23 5,256 (47,360) (50) 1,496 6,03,381 (5,79,693) (39,627) (30,300) 34,101 (20,583) 6,000 (6,834) (9,911) (14,545) (42,072) 21,804 17,568 39,372 Unaudited 1,50,010 6,505 (7,225) 14,612 (6,039) 94 25 55 (1,841) (21) 1,56,175 (14,038) 58,284 784 (279) (44,335) 414 (13,173) (15,928) 1,27,904 (38,099) 89,805 (23,739) 302 3,687 (535) 6 (88,275) 2,58,613 ( 1,96,968) (46,909) (12,000) 11 , 169 (9,906) - (17,734) (12,505) (14,544) (55,520) (12,624) 26,767 14,143 For and on behalf of the Board sir Id) FOR OENTIFICATION ~ L. SY ( Mumbai, October 16, 2026 (E 8 C & CO LLP M IJ ~-·i J /-d Chainnan & Managing Director
Page 9
SR BC & COLLP Chartered Accounta nts 12th Floor, The Ruby 29 Senapati Bapat Marg Dadar (Wes t ) Mumbai - 400 028, India Tel: +91 22 6819 8000 Independent Auditor's Review Report on the Quarterly and Year to Date Unaudited Standalone Financial Results of the Company Pursuant to the Regulations 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors Oberoi Realty Limited 1. We have reviewed the accompanying statement of unaudited standalone financial results of Oberoi Realty Limited (the "Company") for the quarter and period ended September 30, 2026 (the "Statement") attached herewith, being submitted by the Company pursuant to the requirements of Regulations 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations"). 2. The Company's Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulations 33 and 52 of the Listing Regulations. The Statement has been approved by the Company's Board of Directors. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement . A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 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 Standards ('Ind AS') specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. For SR BC & CO LLP Chartered Accountants ICAI Firm registration number: 324982E/E3000 per Anil Jobanputra Partner Membership No.: 110759 UDIN: 2..G\101s-9 HPl.¥--w ~C.. 39 2- \ Place: Mumbai Date: October 16, 2026 SR BC & CO LLP, a Limited Liability Partnership with LLP Identity No. AAB·4318 Regd. Office: 22, Camac Street. Block ·s·. 3rd Floor, Kolkala-700 016
Page 10
Sr. No. I 2 3 4 5 6 7 8 9 10 II 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 (>cg c:::>BERc:::>I R E A L T Y OBERO I REAL TY LIMITED Registered Office : Commerz, 3rd Floor. International Business Park , Oberoi Garden City , Goregaon (E), Mumbai - 400 063. India CIN: L45200MH I 998PLC I 14818, E-mail ID: corporate (aloberoirealty.com , Website: www.oberoirealty.com, Tel: +9122 6677 3333, Fax: +91 22 6677 3334 Unaudited Standalone Financial Results for the Quarter and Half Year Ended September 30, 2026 (Rs in Lakh exce nt per share data) Particulars Quarter ended Half Year ended Year ended 30/09/2026 30/06/2026 30/09/2025' 30/09/2026 30/09/2025 31/03/2026 Unaudited Unaudited Unaudited Unaudited Unaudited Audited Income a. Revenue from operations 1,45,429 1,03,827 1,54,526 2,49,256 2,32,060 4,9 I ,555 b. Other income 13,385 13,021 6,433 26,406 14,983 28,703 Total income (a+b) 1,58,8 14 1,16,848 1,60,959 2,75,662 2,47,043 5,20,258 Expenses a. Land, development rights, construction and other costs 1,59,999 86,062 50,192 2,46,06 I 97,166 2,54,594 b. Change in inventories (1 ,12,345) (49,994) 12,964 ( 1,62,339) (4,245) (62,360) c. Employee benefits expense 1,54 1 3,723 3,032 5,264 5,92 1 11,93 I d. Finance cost 5,558 4,988 6,886 10,546 14,250 23,211 e. Depreciation and amortisation 2,695 2,700 2,545 5,395 4,918 9,907 r. Other expenses 7,130 5,2 18 4,930 12,348 9,064 22,404 Total exoenses (a+b+c+d+e+f) 64,578 52,697 80,549 1,17,275 1,27,074 2,59,687 Profit before excentional items and tax (1-2) 94,236 64,151 80,4 I 0 1,58,387 1,19,969 2,60,571 Exceptional item 1,90 1 Profit before tax (3-4) 94,236 64,151 80,4 I 0 1,58,387 1,19,969 2,58,670 Tax exoense a. Current tax 19,060 12,143 17,820 31 ,203 24,734 66,509 b. Deferred tax 1,588 1,245 788 2,833 2,549 (4,676) Net orofit for the oeriod 15-6) 73,588 50,763 61,802 1.24,351 92,686 1,96,837 Other comorehensive income a. Items that will not be reclassified to profit or loss (332) 160 (84) (172) (I I 7) 32 b. Income tax relating to items that will not be reclassified to orofit or loss 83 (40) 2 1 43 29 (8) Tota l comorehensive income for the Deriod <7+8) 73,339 50 883 61 739 I 24 222 92 598 I 96,861 Paid-up equity share capita l (Face value of Rs. IO each) 36,360 36,360 36,360 36,360 36,360 36,360 Paid un debt canital 2,62,996 2,75,559 3,12,301 2,62,996 3,0 1,601 2,81,622 Other equity 15,72,946 Net worth 17,19,984 16,53,420 14,65,120 17,19,984 15, 19,590 16,09,306 Caoital redemotion reserve 5,7 10 5,710 5,710 5,710 5,710 5,710 Earnings per share (EPS)* (Face value of Rs. IO each) a) Basic EPS without considering exceptional items 20.24 13.96 17.00 34.20 25.49 54.53 bJ Basic EPS 20.24 13.96 17.00 34.20 25.49 54.14 c) Diluted EPS without considering exceptional items 20.23 13.96 17.00 34. 19 25.49 54.53 d) Diluted EPS 20.23 13 .96 17.00 34.19 25.49 54.14 Debt equity ratio 0.15 0. 17 0.20 0. 15 0.20 0. 17 Debt service coverage ratio 3.70 1.46 4.33 2.28 2.88 2.38 Interest service coverage ratio 15.74 10.65 12.05 13.18 8.87 9.82 Current ratio 3.20 4.3 1 4.89 3.20 4.89 4.33 Long tenn debt to working capital ratio 0. 17 0.19 0.23 0.17 0.23 0.20 Bad debts to Account receivable ratio Current liability ratio 0.70 0.59 0.50 0.70 0.50 0.57 Total debts to total assets ratio 0.10 0. 12 0.14 0. 10 0.14 0.12 Debtors turnover" (days) 17 27 15 22 10 14 Inventory turnover" (days) 2,104 2,545 1,358 2,328 1,8 I 9 1,809 Operating margin(%) 6 1.27% 56.65% 53.98% 59.35% 53.50% 53.52% Net profit margin(%) 46.34 % 43.44% 38.40% 45 .11 % 37.52% 37.83% * Not annualtsed, except year end Basic and Diluted EPS # Restated pursuant to merger. Refer note no.4 "' Ratios for the quarter/half year have been annualised. Notes: The Unaudited Standalone Financia l Results for the quarte r and half year ended September 30, 2026 have been reviewed by the Audit Committee and approved by the Board of Directors al its meeting held on October I 6, 2026 and have been subjected to Limited Review by the Statutory Auditors of the Company. The Standalone Financial Results are prepared in accordance with the Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 20 I 3. 2 The nature of the accounting of the real estate business of the Group is such that the result of the quarter/half year/year may not be strictly comparable to earlier quarter/half year/year. At the Board Meeting held on October 16, 2026 the Board of Directors of the Company declared 2nd interim dividend of Rs.2 per equity share (20% of face value of equity share) for the financial year 2026- 2027. 4 The scheme of amalgamation of Ninnal Lifestyle Realty Private Limited ("the Transferor Company") (a wholly owned subsidiary company ofthe Company) with the Company ("Scheme") has been approved by the Hon'ble National Company Law Tribunal , Mumbai vide its order dated April 06, 2026 ('Order') and was made effective from April 14, 2026 by filling requisi te fonn s with the Office of the Registrar Of Companies, Mumbai. The appointed date for the Scheme is November 7, 2024. Since the said transaction is a common control transaction, it has been accounted using the pooling of interest method as per Ind AS I 03 and the comparative infonnation included in these Standalone financial results has been adjusted to give effect of the merger of Transferor Company with effect !Tom November 7, 2024. This has resulted in restatement of financial results for the quarter and half year ended September 30, 2025. The changes in major heads are as below: Particulars Quarter ended Half Year ended 30/09/2025 30/09/2025 Restated for merger Reported Restated for merger Reponed Revenue from operations Land, development rights. construction and other costs Change m mventories Net cash inflow/(outflow) from operating acti vities Net cash mflow/(outflow) from investing activities Net mcrease/(decrease) in cash and cash eQuivalents SIGNED FOR IDENTIFICATION BY t2 SRBC&COLLP ML : .. r. .~-. l.' ·: 1,54,526 50,192 12,964 i ,54,526 2,32,060 2.32,060 47,723 97,166 94,672 15,433 (4,245) (1 ,75 I) 99,099 1,03,154 (54,894) (57,417) (11.025) (9,492) YV) /
Page 11
<>« C>E3ER.C>I R E A L T Y OBEROI REALTY LIMITED Registered Office: Commerz , 3rd Floor, International Business Park, Oberoi Garden City, Goregaon (E), Mumbai - 400 063, India CIN: L45200MH 1998PLC 114818, E-mail ID: corporate @oberoirea lty.com. Website: www.oberoirea lty.com. Te l: +9122 6677 3333, Fax: +91226677 3334 Unaudited Standalone Statement of Assets and Liabilities as at September 30, 2026 Particulars ASSETS I) Non-current assets a) Property, plant and equipment b) Capital work in progress c) Investment properties d) Other intangible assets e) Right-of-use assets f) Financial assets i) Investments ii) Other financial assets g) Deferred tax assets (net) hl Other non-current assets II) Current assets a) Inventories b) Financial assets i) Investments ii) Trade receivables iii) Cash and cash equivalents iv) Bank balances other than (iii) above v) Loans vi) Other financial assets c) Current tax assets (net) d) Other current assets TOT AL ASSETS (1+11) EQUITY AND LIABILITIES I) Equity a) Equity share capital bl Other equity II) Liabilities i) Non-c urrent liab ilities a) Financial liabilities i) Borrowings ii) Lease Liabilities iii) Trade payables a) Total outstanding dues of micro enterprises and small enterprises b) Total outstanding dues of creditors other than micro enterprises and small enterprises iv) Other financial liabilities i) Capital Creditors a) Total outstanding dues of micro enterprises and small enterprises b) Total outstanding dues of creditors other than micro enterprises and small enterprises ii) Other financial liabilities b) Provisions c) Deferred tax liabilities (net) d) Other non-current liabilities ii) Curre nt liabilities a) Financial liabilities i) Borrowings ii) Lease Liabilities iii) Trade payables a) Total outstanding dues of micro enterprises and small enterprises b) Total outstanding dues of creditors other than micro enterprises and small enterprises iv) Other financial liabilities i) Capital Creditors a) Total outstanding dues of micro enterprises and small enterprises b) Total outstanding dues of creditors other than micro enterprises and small enterprises ii) Other financial liabilities b) Other current liabilities c) Provisions d) Current tax liabilities (net) TOT AL LIABILITIES (i+ii) TOTAL EOU ITY AND LIABILITIES (l+Ill Mumbai. October 16. 2026 SIGNED FOR IDENTIFICATION BY (B SR BC & CO LLP MUMBAI (Rs in Lakh) As at 30/09/2026 As at 3 l /03/2026 Unaudited Audited 22.409 23.669 1,36,895 1.27,330 2,96 ,341 3,00 ,049 1.777 1,994 770 898 80,982 53,682 14.116 3,685 2,635 55,590 80,121 6,08,880 5,94,063 11.46,148 9,83,808 71,736 1.14,388 50,627 29,97 1 38,271 15,130 1.23.328 1.30,181 2.49 ,7 I 8 1.76.28 I 1.075 1.306 2.135 803 3,21.227 2.47.581 20,04,265 16,99,449 26,13,145 22,93,512 36.360 36.360 16,83,624 I 5.72.946 17,19,984 16,09,306 2. 12,834 2.36.420 592 705 1.153 I.IOI 4,079 4.359 397 455 1.430 2,001 35,075 34,995 347 379 155 10,104 11,401 2,66,166 2,9 1,816 50,162 45,203 235 2 12 1.037 3,236 55,84 1 33,883 87 223 829 2,027 43.212 35,267 4,72.0 I I 2,66,641 165 2.054 3,416 3,644 6,26,995 3,92,390 8,93,161 6,84 206 26,13.145 22 93,512 For and on behalfof the Board Chainnan & Managing Director
Page 12
The senior, rated, listed,· secured, redeemab le, non-convertible debentures issued by the Company are sec ured by (i) exc lusive mortgage of the unsold identified residentia l units in proj~cts develo~d ~ JJ Company, and {ii) exc lusive charge on Receivables from certain identified residential units from the said projects, and the bank accounts into which such Receivables are depos ited. The sec urity cover ofat least I .5 times in respect of the said debentures has been maintained as on September 30, 2026 as per the tenns of offer document and the Debenture Trust Deed. 6 During the quarter ended September 30, 2026, the Company, in exercise of the option available to it under the tenns of the Issue, had redeemed the Rs. 13,500 lakh from Series 2 NCDs (ISi ·: INE093 !07074 ). 7 Fonnulae for computation of ratios are as follows: a) Debt Equity Ratio = Debt/Equity (Debt = Non current borrowings + Current borrowings including current maturities of long tenn debt) b) Debt Service Coverage Ratio = Earnings before interest and tax less interest income/(lnterest Expense+ Principal Repayments made during the period) (Interest expense includes interest capitalised to projects) c) Interest Service Coverage Ratio = Earnings before interest and tax less interest income/Interest Expense d) Current Ratio = Current Assets/Current Liabilities e) Long tenn debt to working capital = Non-Current Borrowings (Including Current Maturities of Non-Current Borrowings)/Current Assets Less Current Liabilities (Excluding Current Maturities of Non-Current Borrowings) I) Bad debts to Account receivable ratio = Bad Debts/Average Trade Receivables g) Current liability ratio = Total Current Liabilities/Total Liabilities h) To tal debts to total assets= Total Debt/Tota l Assets i) Debtors turnover = Average Trade Receivables/Total revenue from operations (For revenue from projects for sale, the billing during the period is cons idered). j) Inventory turnover = Average Inventories/Cost of Goods Sold k) Operating margin(%) = (Earnings before interest, tax and depreciation and amortisation - Other Income)/ Revenue from operations n Net orofit mar!!in (%) = Net nrofit for the oetiod/Total income 8 Unaudited Standalone Segment wise Revenue, Results, Assets and Liabilities for the quarter and half year ended September 30, 2026: (Rs in Lakh) Particulars Quarter ended Half Year ended Year ended 30/09/2026 30/06/2026 30/09/2025 # 30/0912026 Unaudited Unaudited Unaudited Unaudited Segment Revenue (a) Real estate I ,40,868 99,140 I,50,064 2,40,008 (b) Hosoitalitv 4,56 1 4,687 4,462 9,248 Total Segment Revenue 1,45,429 1,03,827 1,54,526 2,49,256 Less: Inter segment revenue Net income from ooerations 1.45,429 1,03,827 1,54,526 2,49,256 Segment Expenses (a) Real estate Land, development rights, construction and other costs 1,58,55 I 84,582 48,834 2,43,133 Change in inventories (1,12,353) (50,013) 12,954 ( 1,62,366) Other expenses 6,859 5,318 4,966 12,177 (b) Hospitality Food, beverages & Hotel Expenses 1,448 1,480 1,357 2,928 Change in inventories 8 19 9 27 Other exoenses 1,569 1,496 1,448 3,065 Total Set.!ment Exoenses 56,082 42,882 69,568 98,964 Segment Results (Profit before unallocable income, interest and finance charges and tax) (a) Real estate 87,8 I I 59,252 83.3 II 1,47,063 (b) Hosoita litv 1,536 1,692 1.647 3,228 Total Segment Results 89,347 60,944 84,958 1.50.29 1 Addi( Less): i) Interest and finance charges (5,558) (4,988) (6,886) (10,546) ii) Unallocab le income net of Unalloca ble Exoenditure 10,447 8,195 2,338 18,642 Profit before exceotional items and tax 94,236 64, 151 80,410 1,58,387 Segment Assets (a) Real estate 22.55,293 20,03,107 17 ,29,398 22,55,293 (bl Hosoita litv 1,62,554 1,57,658 1,41,187 1,62,554 Total segment assets 24,17,847 21 ,60,765 18,70,585 24,17,847 Add: Unallocated assets (I) 1,95,298 1,79,79 1 2,69,603 1,95,298 Total Assets 26,13,145 23,40,556 21,40,188 26,13,145 Segment Liabilities (a) Real estate 8,63,375 6,6 1,44 1 6,6 1,465 8,63,375 (b) Hosoitalitv 17,503 14,749 5,517 I 7,503 Total segment liability 8,80,878 6,76,190 6,66,982 8,80,878 Add: Unallocated liabilities (2) 12,283 10,945 8,086 12,283 Total Liabilities 8,93,161 6,87, 135 6,75,068 8,93, 161 (I) Unallocated assets primarily comprise of corporate investments, tax, Right-of-use assets, deferred tax assets and certain property. plant and equipment. (2) Unallocated liabilities primarily includes tax, lease liabilities and deferred tax liabilities. # Restated pursuant to merger. Refer note no.4 Mumbai, October I 6, 2026 SIGNED FOR IDENTIFICATION BY SR BC & CO LLP MUMBAl 30109/2025 # 3 1/0312026 Unaudited Audited 2,23,334 4,7 1,757 8,726 19,798 2.32,060 4,9 I ,555 2,32,060 4,9 I ,555 94,530 2,48,683 (4,264) (62,322) 9,304 17,720 2,636 5,9 12 18 (39) 2,948 6,96 1 1,05,172 2, 16,9 15 1,23,764 2,67,676 3,123 6,963 1,26,887 2.74,639 (14,250) (23.2 11 J 7,332 9,143 1,19,969 2,60,571 17,78,203 19,20,137 1,46,249 1,52,998 I 9,24,452 20,73,135 2,53 ,520 2,20,377 21 ,77,972 22,93,512 6,42,324 6,63,9 1 I 6,604 7,094 6,48,928 6,7 1,005 9,454 13,20 1 6,58,38 2 6,84,206 For and on behalfof the Board yn{as Obero i al)iging Director
Page 13
0€: C>E3EA.C>I R E A L T Y OBEROI REAL TY LIMITED Registered Office: Commerz , 3rd Floor, International Business Park, Oberoi Garden City, Goregaon (E), Mumbai - 400 063 , India CIN: L45200MH I 998PLC 114818 , E-mai l ID: corporate @oberoirea lty.com , Website: www .oberoirealty.com , Tel: +9 122 6677 3333 , Fax: +91 22 6677 3334 Unaudited Standa lone Cash Flow Stateme nt for the Half Year Ended September 30, 2026 Particulars CASH FLOW FROM OPERATING ACTIVITIES: Profit before tax as per Stateme nt of Profit and Loss Adjustments for Depreciation and amortisation expense Interest income (including fair value change in financia l instruments) Interest expenses (including fair value change in financial instruments) Share based payment to employee Profit on sale of investments in mutual funds (net) Dividend Income (Gain)/loss from foreign exchange fluctuation (net) (Gain) /loss on impainnent /sale of investment in joint venture/subsidiary (Gain)/loss on sale/discarding of property, plant and equipment (net) Sundry balances written off/(back) Operating cash profit before working capital changes Movement for working capital lncrease/(decrease) in trade payab les lncrease /(decrease) in other liabilities lncrease/(decrease) in financial liabilities Increase/(decrease) in provisions (lncrease) /decrease in other assets (lncrease) /decrease in financial assets (lncrease) /decrease in trade receivables (lncrease) /decrease in inventories Cash generated/(used) from operations Direct taxes (paid)/refund (net) Net cash inflow/(outflow) from operating activities (A) CASH FLOW FROM INVESTING ACTIVITIES: Payments/adjustments for property, plant and equipment, investmen t properties , intangible assets and capita l work-in-progress , including changes in capital advances and capital creditors (net) Proceeds from sale of property, plant and equipment, investment properties , intangible assets Interest received Decrease/(increase) in loans and advances to/for subsidiaries /joint ventures (net) Acquisition of investment in joint ventures and subsidiary (net of taxes) Dividend Income Proceeds from sale of investments in mutual fund Purchase of Mutual Fund Investments (lncrease) /decrease in other financial assets Net cash inflow/(outflow) from investing activities (B) CASH FLOW FROM FINANCING ACTIVITIES: Repayment of debentures Proceeds from short tenn secured borrowings Repayment of short tenn secured borrowings Proceeds from long tenn secured borrowings Repayment of long tenn secured borrowings Interest paid (gross) Dividend paid Net cash inflow/(outflow) from financing activities (C) Net increase/(decrease) in cash and cash equivalents (A+B+C Add: cash and cash equiva lents at the be.ginning of the year Cash and cash equivalents at the end of the period # Restated pursuant to merger Refe r note no 4 ,..:_S:.::.:.IG:.:..:N.:.:.:E~D..:.;_F---:0:-::R:-:1-=D::-:E N:::T;-;1;:--;F 1-;;C-;::AT;;l;;;-;ONul Mumbai, October 16, 2026 BY Q SR BC & CO LLP MUMBAI (Rs in Lakh) Half Year ended 30/09/2026 30/09/2025# Unaudited Unaudited 1,58,387 1,19,969 5,395 4,918 (9,860) (7,365) 10,546 14,250 999 - (2,241) (5,659) (14,000) - 31 24 - 300 29 55 (7) (21) 1,49,279 1,26,47 1 19,507 (12,810) 2,02,526 58,688 5,124 (1,889) (2,094) (194) (69,640) (27,979) 230 1,829 (20,656) (8,845) (1,6 1,097) (4, 193) 1,23,179 1,31,078 (32,91 I) (31 ,979) 90,268 99,099 11 , 135 (14,257) 23 302 4,642 2,984 (68,622) (31,039) (26,901) (2) 14,000 - 5,35,445 2,52,769 (4,90,5 11 ) (I ,89,223) (3,575) (76,428) (24,364) (54,894) (30,300) (12,000) 34,101 1,645 (20,583) (16) 6,000 - (6,834) (17,734) (I 0,603) (12,581) (14,544) (14,544) (42,763) (55,230) 23,141 (11,025) 15,130 23,576 38,271 12,55 1 For and on behalfofthe Board ~ £obero i Chairman & Managing Director