Interim report
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WLL/SEC/2026 October 30, 2026 To Bombay Stock Exchange Limited Department of Corporate Services, SP. J. Towers, Dalal Street, Mumbai – 400 001 (Scrip Code-514162) National Stock Exchange of India Limited Listing Compliance Department Exchange Plaza, Bandra-Kurla Complex, Bandra (E), Mumbai – 400 051 (Symbol: WELSPUNLIV) Dear Sir / Madam, Sub: Outcome of the meeting of the Board of Directors of Welspun Living Limited (“the Company”) held on October 30, 2026. In terms of the requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circulars, as amended from time to time, this is to inform you that the Board of Directors at its meeting held today, i.e. Friday, October 30, 2026, has, inter alia approved the Unaudited Financial Results of the Company for the second quarter and half year ended September 30, 2026. Please find enclosed the following: - Unaudited Financial Results of the Company along with the Limited Review Report issued by the Statutory Auditors , on Consolidated as well as S tandalone basis, for the second quarter & half year ended September 30, 2026, as reviewed by the Audit Committee and approved by the Board of Directors. - Press communication, which is being released simultaneously to the media. In further ance to our letter dated September 29 , 2026, please note that the trading window for dealing in the securities of the Company by the insiders, as required under the SEBI (Prohibition of Insider Trading) Regulations, 2015, as am ended, shall re-open from Tuesday, November 03, 2026. The meeting of the Board of Directors commenced at 11: 00 A.M. and the abovementioned agenda items were approved by the Board of Directors at 01:30 P.M. You are kindly requested to take the above on record. Thanking you. Yours faithfully, For Welspun Living Limited Shraddha Popat Company Secretary ACS: 54561 Enclosed: as above
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Page | 1 NSE/BSE: WELSPUNLIV | Bloomberg: WLSI:IN | Reuters: WLSP.NS Resilient | Repurposed | Future Ready Q2 FY27 Welspun Living achieves net-cash position, delivers double-digit growth and further expands EBITDA margins Mumbai, October 30, 2026: Welspun Living Ltd. (WLL), a global leader in Home Textiles and part of the US$ 9 billion Welspun Group, announced Q2FY27 results today. Key Highlights Q2FY27 Financial Highlights: ▪ Revenues grew 16.9% year-on-year and 1.5% sequentially to ₹2,870 crore ▪ EBITDA stood at ₹370 crore with EBITDA Margin improving to 12.9%, up 600 basis points year-on-year and 40 basis points sequentially ▪ PAT grew 13x YoY to ₹169 crore ▪ Balance sheet continued to strengthen ▪ Achieved a net-cash position, compared with net debt of ₹775 crore in March 2026. ▪ Cash conversion cycle improved significantly to 44 days, from 82 days in March 2026. ▪ Capital Efficiency: ROCE improved to 12.7%, reflecting continued progress in capital utilization and returns. Q2FY27 Business Highlights: ▪ Home textile exports grew 18.3% YoY, supported by improving demand ▪ US pillow business grew 2.4x YoY in Q 2 with both manufacturing facilities operational and remains on track to double revenues in FY27 ▪ Domestic business delivered strong growth 28.2% year-on-year, with our brand “Welspun” growing 37%, reflecting sustained consumer traction and continued momentum in India ▪ Flooring revenue grew 19.3% year-on-year, while EBITDA margin improved to 10.8%, ▪ Operational Restoration: Restoration of the Vapi operations is progressing, with full restoration expected during the course of the year ▪ Green power transition: Anjar facility now operates on 100% green power marking a significant step forward in our sustainability journey.
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Page | 2 NSE/BSE: WELSPUNLIV | Bloomberg: WLSI:IN | Reuters: WLSP.NS Resilient | Repurposed | Future Ready Q2 FY27 Management Commentary: Speaking about the performance, Ms. Dipali Goenka, Managing Director & CEO, Welspun Group said: “Q2 FY27 reflects our continued progress in driving profitable growth and strengthening our financial position. We delivered 16.9% revenue growth, expanded EBITDA margins to 12.9% and achieved a net-cash position, supported by a significant improvement in cash conversion. These milestones reflect our focus on operating discipline, capital efficiency and the quality of our growth. The global home textiles market continues to evolve, with increasing emphasis on sourcing diversification, supply-chain resilience, product innovation and speed to market. India’s growing competitiveness in global sourcing and expanding trade access present meaningful opportunities. Our manufacturing scale, customer partnerships and product capabilities position us well to capitalise on these shifts. Growth across Home Textiles exports, our US onshore pillow business and the domestic market, alongside improving profitability in Flooring, demonstrates the breadth of our business. Looking ahead, we remain focused on sustaining double-digit growth, maintaining margins in the low teens, improving returns on capital and generating strong cash flows. While the external environment remains dynamic and restoration of our Vapi operations r emains a near -term priority, we will continue to invest selectively in capabilities, innovation, brands and sustainability to strengthen our competitive position and create long-term value for our stakeholders.” Brand & Corporate Highlights: ▪ SPACES Collection Launch: Unveiled its Autumn -Winter 2026 collection at the World Trade Centre, Thane, showcasing expressive prints, quilted coverlets, hand -painted collector pieces and couture - inspired threadwork. ▪ Brand Campaign: Welspun Living’s latest campaign, ‘Itna Drama Kyun?’, featuring Vidya Balan, uses humour and cinematic storytelling to highlight everyday household frustrations while showcasing the benefits of QuikDry Towels and Bedsheets. ▪ Workplace Recognition: Recognised among the Most Preferred Workplaces for Women 2026 –27 by Team Marksmen, reflecting Welspun Living’s commitment to fostering an inclusive and empowering workplace.
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Page | 3 NSE/BSE: WELSPUNLIV | Bloomberg: WLSI:IN | Reuters: WLSP.NS Resilient | Repurposed | Future Ready Q2 FY27 About Welspun Living Ltd: Welspun Living Ltd (WLL), part of $ 5 Bn Welspun Group, is a global leader in Home textiles. With a distribution network in more than 60 countries and world class manufacturing facilities in India, Welspun is strategic partners with top global retailers. WLL is driven by its differentiation strategy based on Branding, Innovation and Sustainability. About Welspun Group: A US$ 9 billion enterprise, Welspun Group is one of India’s fastest growing conglomerates with businesses in Line Pipes, Home Textile s, Infrastructure, Warehousing, Oil & Gas, Advanced Textiles and Floorings. The Group has a strong footh old in over 60 countries with 40,000 employees and over 100,000 shareholders. Headquartered in Mumbai, Welspun Group’s manufacturing facilities are strategically located in India, USA and Saudi Arabia. Known for technological and operational excellence, the Group has established a leadership position in the Line Pipe & Home Textiles sectors globally. Its clients include most of the Fortune 100 companies. For further information please visit www.welspunliving.com or contact: Mr Manish Bansal (manish_bansal@welspun.com); Ms. Bharti Agarwal (bharti_agarwal@welspun.com) DISCLAIMER: The information in this release has been included in good faith and is for general purposes only. It should not be relied upo n for any specific purpose and no representation or warranty is given as regards to its accuracy or completeness. No information in this release shall constitute an invitation to invest in Welspun Living Ltd. or any of its a ffiliates. Neither Welspun Living Ltd., nor their or their affiliates' officers, employees or agents shall be liable for any loss, damage or expense arising out of any action taken on the basis of this release, including, without limitation, any loss of profit, indirect, incidental or c onsequential loss.
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SRBC&COLLP Chartered Accountants 12th Floor, The Ruby 29 Senapati Bapat Marq Dadar (West) Murnbai -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 Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors Welspun Living Limited We have reviewed the accompanying Statement of Unaudited Consolidated Financial Results of Weispun Living Limited (the "Holding Company" including Wclspun Living Employees Welfare Trust), its subsidiaries (the Holding Company and its subsidiaries together referred to as "the Group") and its associates for the quarter ended September 30. 2026 and year to date from April 1.2026 to September 30. 2026 (the 'Statement') attached herewith, being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations. 2015. as amended (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, (md AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 (the 'Act') as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 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 %hether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of person 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 vould 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 No. CIRICFD CMD 442019 dated March 29. 2019 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 financial results of subsidiaries and associates. For list of entities, refer to Annexure A below. MAl SR BC & Co LLP. a Limited Liabilily Partnership with LLP identity No. AAB-4318 Reqd. Ollice 22, Camac Street, Block B. 3rd Floor, Kolkala'700 016
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SRB C& CO LLP Chartered Accountants Welspun Living Limited Independent Auditor's Review Report on the Quarterly Unaudited Consolidated Financial Results Page 2 of 3 5. Based on our reviet conducted and procedures performed as staled in paragraph 3 above. nothing has come to our attention that causes us to belies e that the accompanying Statement. prepared in accordance ith recognition and measurement principles laid down in the aforesaid Indian Accounling Standards ('Ind AS') specified under Section 133 of the Act, as amended, read with relevant rules issued there under 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 S R B C & CO LLP Chartered Accountants ICAI Firm registration number: 324982E E300003 L )Ak-. per Jai Prakash Yadav Partner Membership No.: 066943 UDIN: Mumbai October 30. 2026
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SRBC& Co LLP Chartered Accountants Welspun Living Limited Independent Auditors Review Report on the Quarterly Unaudited Consolidated Financial Results Page 3 of 3 Annexure A: List of entities included in the results Sr.no. Name of Entity Relationship I Weispun Living Limited (WLL) Holding company 2 Welspun Global Brands Limited (WGBL) Subsidiaries of WLL 3 Welspun Anjar SEZ Limited (WASEZ) 4 Welspun Nexgen Inc (WNI) _______ Welspun Home Solutions Limited (formerly known as Welspun Advanced Materials (India) Limited) (WHSL) 6 Welspun USA Inc. (WUSA) ____________________ Subsidiaries of 7 Welspun Mauritius Enterprises Limited (WMEL) 8 Welspun Holdings Private Limited (WHPL) 9 Christy Home Inc. ___________________ Subsidiaries of WUSA 10 TMG (Americas) LLC 11 Welspun Home Textiles UK Limited (WHTUK) Subsidiary of WHPL 12 CHT Holdings Limited (CHT) of 13 Christy Home Textiles Limited (CHTL)t Subsidiary of CHT 14 Christy UK Limitedt . Subsidiaries of CHTL IS ER Kingsley (Textiles) Limitedt 16 Welspun_UK Limited_(WUK) 17 Christy 2004 Limitedt __________________ Subsidiaries of WUK 18 Christy Welspun GmbH 19 Novelty Home Textiles SA de CV Subsidiary of WMEL 20 Weispun Captive Power Generation Limited (WCPGL) (ceased to be a subsidiary of WLL and became an associate with effect from July 31. 2026) Associates of WLL 21 _______ Weispun Corporate Services Limited (formerly known as Welspun Home Textiles Limited) (effective from March 25, 2026) 22 Welspun Living Employees Welfare Trust Employee Welfare Trust of WLL 'Under liquidation MU)4MI
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YVelspun°LIvING STATEMENT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2026 (!In Crores) Sr. No. Particulars (Refer Notes Below) 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) 1 __________________________________________________________________ Income Revenue from Operations 2,83812 2,795.45 2,440.91 5,633.57 4,701.48 9,399.11 Otherlncome 31.78 32.71 14.75 64.49 38.59 68.80 Total Income 2,869.90 2,828.16 2,455.66 5,698.06 4,740.07 9,467.91 2 Expenses Costof Materials Consumed 1,343.91 1,189.31 1,074.67 2,533.22 2,226.54 4,549.60 PurchasesofStock-in-Trade 455.19 212.17 224.94 667.36 307.19 504.38 Changes in Inventories of Finished Goods, Work-in-Progress and Stock-in-Trade (241.79) 130.28 67.44 (111.51) 16.45 (0.81) Employee Benefits Expense (Refer Note I 309.64 277.94 298.95 587.58 588.95 1,145.00 Depreciation and Amortisation Expense 102.75 100.42 100,91 203.17 188.79 394.09 Other Expenses [Refer Note 2] 633.18 664.67 621.58 1,297.85 1,178.54 2,407.73 Finance Costs 33.89 34.36 43.35 68.25 85.80 161.48 Total Expenses 2,636.77 2,609.15 2,431.84 5,245.92 4,592.26 9,161.47 3 Profit before Share of Associate's Net Profit and Tax (1-2) 233.13 219.01 23.82 452.14 147.81 306.44 4 Share of Associate's Net Profit/(Loss) (0.15) 1.35 - 1.20 - * 5 Profit Before Tax (3+4) 232.98 220.36 23.82 453.34 147.81 306.44 6 Exceptional items a) Statutory impact of New Labour Code - - - - 18.97 b) Impact due to flood in Vapi Plant (Refer Note 6] 7.16 - - 7.16 - - 7 Profit before Tax (5-6) 225.82 220.36 23.82 446.18 147.81 287.47 8 Income Tax Expense CurrentTaxChargel(Credlt) 63.32 66,20 14.68 129.52 54.48 79.32 Current Tax Chargel(Credit) related to earlier years - . - - - (3.03) Deferred Tax Chargel(Credit) (7.16) (8.45) (5.72) (15.61) (10,63) (6.72) Deferred Tax Charge/(Credit) related to earlier years - - - - - 5,01 Total Income Tax Expense 56.16 57.75 8.96 113.91 43.65 74.58 9 Net Profit for the Period (7-8) 169.66 162.61 14.86 332.27 104.16 212.89 10 Other Comprehensive lncome!(Loss), Net of Income Tax A. Items thatwill not be reclassified to Profit/(Loss) in subsequent period 1.62 1.53 (1.20) 3.15 (0.78) 9.32 B. ltemsthatwill be reclassified to Profitl(Loss) in subsequentperiod 21.66 58,01 (28.61) 79.67 (13.93) (41.48) Total Other Comprehensive Incomei(Loss), Net of Income Tax 23.28 59.54 (29.81) 82.82 (14.71) (32.16) 11 Total Comprehensive lncome!(Loss) forthe Period (Including Non-Controlling 192.94 222.15 (14.95) 415.09 89.45 180.73 Interest) (9+10) 12 Net Profit attributable to: - Owners 169.10 160.73 12.98 329.83 100.53 204.44 .Non-Controlling Interest 0.56 1.88 1.88 2.44 3.63 8.45 13 Other Comprehensive lncome/(Loss) attributable to: - Owners 22.90 58,38 (29.13) 81,28 (14.28) (30.93) - Non-Controlling Interest 0.38 1.16 10.68) 1.54 (0.43) (1.23) 14 Total Comprehensive lncome/(Loss) attributable to: -Owners 192.00 219,11 (16.15) 411.11 86.25 173.51 - Non-Controlling Interest 0.94 3.04 1,20 3.98 3.20 7.22 15 Paid-up Equity Share Capital (Face value! 1 per share) [Refer Note 7J 94.47 94.47 95,91 94.47 95.91 95.91 16 Other Equity 4,821,28 17 Eamings Per Share (of! I each) (Not Annualised) [Refer Notes 3 and 7] a) Basic before exceptional items (in!) 1.86 1.69 0,13 3.55 1.05 2.29 b) Diluted before exceptional items (in!) 1.86 1.68 0.13 3.54 1.05 2.29 c) Basicafterexceptional items (in!) 1.80 1.69 0.13 3.49 1.05 2.14 d) Diluted afterexceptional items (in!) 1,80 1.68 0.13 3,48 1.05 2.14 Amount Is below the rounding norms adopted by the Group SIGNED FOR IDENTIFICATION BY iN- SRBCaCOLLP Weispun Living Limited (Formerly known as Weispun India Limited) Weispun House, 6th Floor, Kamala City, Senapati Bapat Marg, Lower Parel (W), Murnbai 400013, India T: +91 226613 6000/24908000 F: +91 2224908020 E-mail: companysecretary_wil@weispun.com I Website: www.welspunliving.com Registered Address: Welspun City, Village Versamedi, Taluka Anjar, District Kutch, Gujarat 370 110, India T: +91 28 3666 1111 I F : +91 28 3627 9010 Works: Survey No. 76, Village Morai, Vapi, District Valsad, Gujarat 396 191, India T: +91 26 0243 7437 I F: +91 26 0224 37088 Corporate Identity Number: L17110GJ1985PLC033271
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Welspun°uvING UNAUDITED CONSOLIDATED SEGMENT INF RMATION FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2026 ! in Crores Quarter Ended Half Year Ended Year Ended Particulars 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 (Refer Notes Below) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) I Segment Revenue a) Home Textiles 2,689.02 2,68044 2,32161 5,369.46 4,445.07 8,939.87 b) Flooring 216.23 187.54 181.26 403.77 374.77 735.53 Total 2,905.25 2,867.98 2,502.87 5,773.23 4,819.84 9,675.40 Less: InterSegment Revenue 67.13 72.53 61.96 139.66 118.36 276.29 Income from Operation 2,838.12 2,795,45 2,440.91 5,633.57 4,701.48 9,399.11 2 Segment Results Profit before Interest, Depreciation, Share of Associate's Net Profit ((Loss) Exceptional Items and Tax a) Home Textiles 323.16 314.33 152.27 637.49 375.43 779.19 b) Flooring 23.42 19.51 3.75 42.93 19.94 28.87 Total Segment Profit before Interest, Depreciation, Share of Associate's Net 346.58 333.84 156.02 680.42 395.37 808.06 Profit ((Loss), Exceptional Items and Tax Add: Un-allocable Income nel of Un-allocable Expenses 2319 19.95 12.06 43.14 27.03 53.95 Total Profit before Interest, Depreciation, Share of Associate's Net Profit ((Loss) 369.77 353.79 168.08 723.56 422,40 862.01 and Tax Exceptional Items and Tax 3 Profit before Exceptional Items and Tax a) Home Textiles 207.92 202.70 32.17 410.62 147.92 316.53 b) Flooring 1.87 (2,29) (20.41) (0.42) (27.14) (64.04) Total Segment Profit before Exceptional Items and Tax 209.79 200.41 11.76 410.20 120.78 252.49 Un-allocable items Add: Un-allocable Income net of Un-allocable Expenses 23.19 19.95 12.06 43.14 27.03 53.95 Less: Exceptional items a) Statutory impact of New Labour Code - - - - - 18.97 b) Impact due to flood in Vapi Plant [Refer Note 6J 7.16 - - 7.16 - - Profit before Tax 225.82 220.36 23.82 446.18 147.81 287.47 4 Segment Assets a) Home Textiles 8.139,11 8,412,49 7,775.09 8,139.11 7.775,09 7,839.38 b) Flooring 1,681.32 1,585.92 1,781.35 1,681.32 1,781.35 1,569.37 c) Unallocated 1,220.27 987.69 771.39 1,220.27 771.39 1,046.31 Total Assets 11,040.70 10,986.10 10,321.83 11,040.70 10,327.83 10,455,06 S Segment Liabilities a) Home Textiles 4,451.62 4,559.61 3,907.16 4,451.62 3,907.16 3,946.29 b) Flooring 797.64 772.44 784.54 797.64 784.54 813.62 c) Unallocated 706.50 724.21 752.90 706.50 752.90 717.20 Total Liabilities 5 955.76 6 056.26 5 444.60 5 955.76 5 444.60 5 477,11 SIGNED FOR IDENTWICATIS1 BY S RB C 3 CC LLP Weispun Living Limited (Formerly known as Weispun India Limited) Weispun House, 6th Floor, Kamala City, Senapati Bapat Marg, LowerParel (W), Mumbai 400013, India T: +91 226613 6000/ 2490 8000 I F: +91 22 2490 8020 E-mail: companysecretary_wil@welspun.com I Website: www.welspunliving.com Registered Address: Weispun City, Village Versarnedi, Taluka Anjar, District Kutch, Gujarat 370 110, India T: 91 2836661111 F: +91 28 3627 9010 Works: Survey No. 76, Village Morai, Vapi, District Valsad, Gujarat 396 191, India T: +91 26 0243 7437 I F: +91 26 0224 37088 Corporate Identity Number: L17110GJ1985PLC033271
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YVelspun°LIV!NG STATEMENT OF UNAUDITED CONSOLIDATED ASSETS AND LIABILITIES AS AT SEPTEMBER 30, 2026 ( in Crores) Sr. Particulars As at No. (Refer Notes Below) 30.09.2026 31.03.2026 (Unaudited) (Audited) A ASSETS I Non.current Assets Property. Plant and Equipment 377884 3759.95 Capital Work-in-Progress 5672 25765 Goodwill on Consolidation 202.80 201.66 Other Intangible Assets 39.72 34.07 Right.of-use Assets 435.21 464.43 Intangible Assets under Development 16.89 11.26 Financial Assets - Investments [Refer NoteS] 53,97 14.79 - Loans 0.24 0.17 - Other Financial Assets 158.77 383.97 Non-current Tax Assets (Net) 44.49 45.03 Deferred Tax Assets (Net) 43.28 62.62 Other Non.Current Assets 94.62 38.32 Total Non.Current Assets 4,925.55 5273.92 2 Current Assets Inventories 2,004.33 2,170.69 Financial Assets - Inveatments 1,039.07 898.60 - Trade Receivables 1.147,53 1,312.24 - Cash & Cash Equivalents 856.60 138.07 - Bank Balances other than Cashand Cash Equivalents above 10.52 9.07 Loans 0.77 0.75 Other Financial Assets 528.89 231.53 Current Tax Assets (Net) 0.11 10.42 Other Current Assets 527.33 409.77 Total Current Assets 6115.15 5,181.14 Total Assets 11,040.70 10,455.06 - B EQUITY AND LIABILITIES I Equity Equity Share Capital [Refer Note 7] 9447 95.91 Other Equity Other Equity [Refer Note 3,4 & 7] 4,971.55 4.821,28 - Equity attributable to owners of Welspun Living Limited 5,066.02 4,917.19 Non-Controlling Interest [Refer Note 8] 18.92 60.76 Total Equity 5,084.94 4,977.95 - 2 LIABILITIES Non-Current LIabIlIties Financial Liabilties Borrowings 807.50 872.81 - Lease Liabilities 450.39 473.48 - Other Financial Liabtities 9.40 6.69 Non-Current Tax Liabilities 0.04 4.28 Provisions 0.32 0.32 Deferred Tax Liabilities (Net) 430.17 445,36 Other Non-Current Liabilties 470.08 405.00 Total Non-Current LiabilitIes 2,167.90 2,207.96 3 Current Liabilities Financial Liabifties - Borrowings 1,097.14 933.80 - Lease Liabilities 49.96 38.94 - Trade Payables (a) Total Outstanding Dues of Micro Enterprises and Small Enterprises 170.48 92.35 (b) Total Outstanding Dues of Creditors other than Micro Enterprises and Small Enterprises 1,715.76 1,284.34 - Other Financial Liabilities 142.24 289.44 Employee Benefit Obligations 220.16 213.10 Current Tax Liabilities (Net) 276.29 267.54 Other Current LIabilities 115.83 149.64 - Total Current Liabilities 3,787.86 3,269.15 Total Liabilities 5,955.76 5A77.11 - Total Equity and Liabilities 11,040.70 10,455.06 Weispun Living Limited (Formerly known as Weispun India Limited) Weispun House, 6th Floor, Kamala City, Senapati Bapat Mary, Lower Parel T: ý91 226613 6000 / 2490 8000 I F: +91 2224908020 E-mail: companysecretary_wil©welspun.coni Website: www.welspunlivinc Registered Address: Weispun City, Village Versamedi, Taluka Anjar, District T: +91 2836661111 F: ±91 283627 9010 Works: Survey No. 76, Village Moral, Vapi, DistriCt Valsad, Gujarat 396 191, T: ý91 26 0243 7437 F: +91 26 0224 37088 Corporate Identity Number: L17110GJ1985PLC033271
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Particulars HalfYearEnded HaifYearEnded Sr. No.1 (Refer Notes Below) 30.09.2026 30.09.2025 (linaudited) (Unaudited) CASH FLOW FROM OPERATING ACTIVITIES - Profit Before Tax 446.18 147.81 Adjustments to Reconcile Profit before Tax to Net Cash Flows: Depreciation and Amortisation Expenses 203.17 188.79 Income from Government Grants (84.86) (83.69) Employee Share-Based Payment Expense 1.65 3.62 Unrealised Foreign Exchange Differences (Net) (8.21) 0.14 Loss! (Gain) on Disposal of Property, Plant and Equipment 4.67 0.82 Gain on Sale of Investments (399) (0.03) Unwinding of discount on government subsidy/security deposits (19.31) (10.90) Net Gain on Financial Assets Measured at Fair Value through Profit or Loss (2.03) (8.75) Liabilities Written Back (0.65) - Provision for / Written-off Doubtful Debts! Advances (Net) 23.52 15.59 Share of Associates Net Loss / (Profit) - (1.20) - Interest Income Classified as Investing Cash Flows (37.07) (18.24) Interest Paid (Net) 68.25 85.80 Increase / (Decrease) in Employee Benefit 0b1i9ations 7.96 20.97 I I 151.90 194.12 Operating Profit before Working Capital Changes 598.08 341.93 Adjustments for Changes in Working Capital: (Increase) / Decrease in Trade Receivables 131.28 165.89 (Increase) / Decrease in Inventories 151.62 119.15 (Increase) / Decrease in Other Financial Assets . 24.76 (52.13) (Increase) / Decrease in Other Non-Current Assets (0.21) - (Increase) / Decrease in Other Current Assets . (122.00) (226.15) Increase I (Decrease) in Trade Payables 524.62 49.96 Increase / (Decrease) in Other Current Liabilities (95.58) 8.70 Increase / (Decrease) in Non-Current Liabilities 2.72 . (4.14) 617.21 61.28 Cash Flow Generated from Operations 1,215.29 403.21 TaxesPaid(NetofRefunds) (113.92) (37.17) Net Cash Flowfrom Operating Activities 1,101.37 366.04 J CASH FLOW FROM INVESTING ACTIVITIES Purchase of Property, Plant and Equipment, Capital Work-in-Progress and intangible Assets (151.33) (170.50) Sale of Property, Plant and Equipment 1.59 0.10 Receipt of Government Grant . 71.18 71.67 Maturity /(lnvestment) in Fixed Deposit and Margin Money (Net) (0.49) 10.53 Sales! (Purchase) of Investment (Net) (141.45) (62.68) Interest Received 30.38 22.15 Net Cash Flow used in Investing Activities (190.12) (128.13) CASH FLOW FROM FINANCING ACTIVITIES Proceeds from Long Term Borrowings . 47.50 71.82 Repayment of Long Term Borrowings . (83.42) (71.86) (Repayment of) I-Proceeds from Short Term Boirowings (Net) 133.78 (82.23) Payment of Principal portion of Lease Liabilities (12.27) (24.21) Proceeds from sale of subsidiary, net of cash and cash equivalents disposed of 65.89 Dividend Paid to Owners of Welspun Living Limited (9.41) (162.46) Dividend Paid to Non-Controling Interests - (16.51) (46.03) Buy Back of Equity Shares including Transaction Cost (254.50) Sale of Equity Shares of the Company by Welspun Living Employees Welfare Trust - 78.07 Interest Paid (68.09) (88.01) Net Cash Flow used in Financing Activities (197.03) (324.91) Net Increase / Decrease in Cash and Cash Equivalents (A + B + C) 714.22 (87.60) Net Increase I(Decrease) in Cash and Cash Equivalents I 714.22 (87.60)
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YVelspun°uvING STATEMENT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2026 Notes: 1 the above consolidated financial results for the quarter and half year ended on September 30, 2026 were reviewed by the Audit Committee and thereafter approved by the Board of Directors of the Holding Company at its meetin9 held on October 30, 2026. This statement is as per Regulation 33 or the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the Regulations'). The Statutory Auditors have canied out a Limited Review of the above consolidated financial resuils for the quarter and half year ended on September 30. 2026. 2 Other Expenses for the quarter ended September 30, 2026, the quarter ended June 30, 2026, the quarter ended September 30, 2025, the half year ended September 30, 2026, the half year ended September 30, 2025 and the year ended March 31, 2026 includes exchange loss of 4.17 cores !16.07 crores, !5.37 crores, !20.24 crores, !0.32 crores, and! 13.83 crores respecli.iely. 3 the financial results of Weispun Living Employees Weltáre Trust ('Trust') have been included in the consolidated financial results of the Holding Company in accordance with the requirements of nd AS 32. Cost of treasury shares of! 2414 mores for the quarter ended September 30.2026, the quarter ended June 30. 2026 and year ended March 31, 2026, and ! 25.72 crores for the quarter and half year ended September 30, 2025, has been presented as a deduction in Other Equity. While computing basic and diluted eamings per share for the quarter ended September 30, 2026, the quarter ended June 30, 2026 and year ended March 31, 2026, 33,07.500 number of equity shares and for the quarter and half year ended September30, 2025, 35,00,000 number of equity shares (which are lying with Trust) have been reduced. During the previous year, the Trust sold 62.68,566 unappropriated shares as required pursuant to SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 and extension of time permitted by SEBI. Gain on sales of such shares of! 29.08 crores (Net of tax of! 5.11 crores) had been accounted in general reserve. During the previous year. 1,92,500 number of shares had been exercised at an exercise price of !100 per share. Gain on issue of such shares of !0 30 crores (Net of tax of 0.05 crores) had been accounted in general reserve. 4 The Group had granted 51,50,000 stock options ('ESOPs') under Welspun Living Employee Benefit Scheme-2022 ('Scheme') representing an equal number of equity shares of face value of! 1 each of the Holding Company, at an exercise price of! 100 to certain employees and directors of the Holding Company, its subsidiaries and associates. The options vested under each of the slabs can be exercised within a period of four years from the respective vesting date. During the previous year 1 92,500 number of share were exercised. Accordingly, the Group, in the quarter ended September 30, 2026. the quarter ended June 30, 2026, the quarter ended September 30, 2025, the half year ended September 30. 2026, the half year ended September 30. 2025 and the year ended March 31, 2026 has recorded employee benefits expense of! 0.78 cores,! 0.87 cores, ! 0.99 cores, ! 1.65 crores! 3.62 crores and ! 5,11 cores respectively. 5 The Group operates across international markets and is exposed to global trade developments, including US tariffs on textile products and the ongoing conflict in West Asia. Management has considered the related financial reporting implications during the period. Procedures for eligible tariff refund claims have been initiated, with refunds being received and reconciled. The timing and quantum of the remaining refunds remain subject to the applicable administrative process. 6 During the period ended September 30, 2026, operations at the Vapi plant were disrupted from July 23, 2026 due to heavy rains and flooding. During the quarter, the Company received an on-account payment of !125 core from the insurer. Based on its cun'ent best estimate, the Company has recognised inventory write-offs, losses arising from damage to Property, Plant and Equipment and restoration expenses, net of insurance recoveries, amounting to !7.16 core, which has been presented as an exceptional item in the financial resuits. The final settlement of the insurance claim, including loss of profit, remains subject to compietion of the insurer's assessment process. 7 The Board of Directors in its meeting held on May 15, 2026. had provided their consent for the buy-back of 1,44,00,000 (One core forty four Iakhs) fully paid-up equity shares of face value of! 1/- each, at a price! 175/- per equity share ('Buyback Price) and for an amount not exceeding! 252.00 cores ('Buyback Size'), by way of tender offer in accordance with the provisions contained in the SEBI (Buy-back of Securities) Regulations, 2018 and the Companies Act, 2013 and rules made thereunder. The record date for share buy'back was May 22, 2026. The tendering period for the buy back offer commenced on May 29, 2026 and ended on June 04, 2026. The Holding Company bought back 1,44,00,00 equity shares at a price of 175 per equity share. The settlement of bids by the Clearing Corporation on the stock exchange was completed on June 11. 2026. Accordingly, equity share capital has reduced by! 1.44 crores and the premium on buy-beck and its related expenses of! 250.56 crores and! 2.50 mores respectively have been adjusted against relained earnings. 8 The Board of Directors, at its meeting held on July 24, 2026, approved the transfer of 51% stake held by the Holding Company in Weispun Captive Power Generation Limited (WCPGL) for a consideration of! 67.65 cores. The transfer was completed on July 31. 2026, resulting in a gain of! 3.99 cores recognised in these financial results. Consequently, WCPGL has been consolidated as a subsidiary up to July 31, 2026 and accounted for as an associate thereafter using the equity method, SIGNED FOR IDEijj XAiION FOR AND ON BEHALF OF THE BOARD By / SRC&COLLP I oenka Place: Mumbal I MUMSAI Date: October 30, 2026 (MD and CEO) DIN: 00007199 Weispun Living Limited (Formerly known as Weispun India Limited) Welspun House, 6th Floor, Kamala City, Senapati Bapat Marg, Lower Parel (W), Mumbai 400013, India T: +91 2266136000 / 2490 8000 F: +91 22 2490 8020 E-mail: companysecretary_wil©welspun.com I Website: www.welSpunliving.com Registered Address: WelSpun City, Village Versamedi, Taluka Anjar, District Kutch, Gujarat 370 110, India T: +91 28 3666 1111 F: +91 28 3627 9010 Works: Survey No. 76, Village Morai, Vapi, District Valsad, Gujarat 396 191, India T: +91 26 0243 7437 F: +91 26 0224 37088 Corporate Identity Number: L17110GJ1985PL0033271
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SRB C& Co LLP Chartered Accountants 12th Floor. The Ruby 29 Senapati Bapat Marq Dadar (West) Mumbal - 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 Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors Welspun Living Limited We have reviewed the accompanying statement of Unaudited Standalone Financial Results of Welspun Living Limited (the 'Company' including Welspun Living Employees Welfare Trust) for the quarter ended September 30. 2026 and year to date from April 1, 2026 to September 30, 2026 (the 'Statement') attached herewith, being submitted b) the Company pursuant to the requirements of Regulation 33 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, (md AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 (the 'Act') as amended, read with relevant rules issued thereunder and other accounting principles generall) accepted in India and in compliance with Regulation 33 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 person responsible for financial and accounting matters. and applying analytical and other review procedures. A review is substantial!) less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that e would become aware of all significant matters that might be identified in an audit. Accordingly. we do not express an audit opinion. We also performed procedures in accordance with the Circular No. CIR/CFD CMD 442019 dated March 29, 2019 issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations. to the extent applicable. MAI SR BC & CO LLP. a Limited Liability Partnership with LLP Identity No. AAB'4318 ReQd. Office :22 Camac Street. Block 'B'. 3rd Floor, Kolkata'700 0L6
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SR B C& Co LLP Chartored Accountants Weispun Living Limited Independent Audito(s Review Repor on the Quarterly Standalone Financial Results Page 2 of 2 4. Based on our review conducted as aboe, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance \%ith the recognition and measurement principles laid don in the aforesaid Indian Accounting Standards (md AS') specified under Section 133 of the Act, 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 S R B C & CO LLP Chartered Accountants ICAl Firm registration number: 324982E E300003 i td per Jai Prakash Yadav Partner Membership No.: 066943 UDIN: 26obbcýLt3?wR-cvL4I3G Mumbai October 30. 2026
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Welspun°uvING STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2026 (!in Crores) - Sr. No. , Particulars (Refer Notes Below) 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) (Unaudlted) (Unaudited) (Unaudited) (Unaudlted) (Audited) I Income Revenue from Operations 216343 2,083.08 1,843.23 4248.51 3,726.16 7,592.71 Other Income (Refer NoteS) 54.85 85.85 172.51 140.70 195.33 221.49 Total Income 2,218.28 2,168.93 2,015.74 4,387.21 3,921.49 7,814.20 2 Expenses Cost of Materials Consumed 1,440.62 1,301.96 1,152.85 2,742.58 2,285.73 4,796.11 Cost of Services - - 493 - 493 493 Purchases of Stock-in-Trade 99.82 63.13 18.14 162.95 55.45 137.93 Changes in Inventories of Finished Goods, Work-in-Pro9ress and (86.42) (11.76) 14.97 (98.18) 3.03 25.37 Stock-in-Trade Employee Benefits Expense (Refer Note 3) 191.43 167.63 202.10 359.06 400.01 744.71 Depreciation and Amortisation Expense 63.15 61.92 64.88 125.07 129.65 258.86 Other Expenses 352.54 379.90 391.03 732.44 752.48 1,487.19 FinanceCosts 13.21 14.95 20.64 28.16 41.85 75.26 Total Expenses 2,074.35 1,977.73 1,869.54 4,052.08 3,673.13 7,530.36 3 Profit before exceptional items and tax (1-2) 14393 191.20 146.20 335.13 248.36 283.84 4 Exceptional items (a)StatutoryimpactofNewLabourCode - - - - - 13,47 (b) Impact due to flood in Vapi Plant (Refer Note 6) 7.16 - - 7.16 - - 5 Profit Before Tax (3-4) 136.77 191.20 146.20 327.97 248.36 270.37 6 Income Tax Expense Current Tax Charge!(Credit) 34.90 45.45 7.09 80.35 33.89 47.29 Current Tax Charge!(Credit) related to earlier years - - - - - (1.61) Deferred Tax Chargel(Credit) (6.80) (9.98) (8.62) (16.78) (9.24) (19.53) Deferred Tax Charge/(Credit) related to earlier years - - - - - 3.47 Total Income Tax Expense! (Credit) 28.10 35.47 (1.53) 63.57 24.65 29.62 7 Net Profit for the Period (5-6) 108.67 155.73 147.73 264.40 223.71 240.75 8 Other Comprehensive Income! (Loss), Net of Income Tax Items thatwill not be reclassified to Profit'(Loss) in subsequent period 1.62 1.53 (1.20) 3.15 (0.78) 8.70 Items that will be reclassified to ProfiV(Loss) in subsequent period 0.36 - 0.50 0.36 0.52 0.02 Total Other Comprehensive Income! (Loss), Net of Income Tax 1.98 1.53 (0.70) 3.51 (0.26) 8.72 9 Total Comprehensive Income for the Period (7+8) 110.65 157.26 147.03 267.91 223.45 24t47 10 Paid-up Equity Share Capital (Face value! I per share) (Refer Note 4) 94.47 94.47 95.91 94.47 95.91 95.91 11 Other Equity 3,981.15 12 Earnings Por Share (of! I each) (Refer Note 2 and 4) (Not annualised) a) Basic before exceptional items (in!) 1.22 1.63 1.55 2.85 2.35 2.66 b) Diluted before exceplional items (in!) 1.21 1,63 1.54 2.85 2.34 2.66 C) Basic after exceptional items (in!) 1.15 1.63 1.55 2.79 2.35 2.56 dl Diluted after exceptional items (in!) 1.15 1.63 1.54 2.79 2.34 2.56 SIGNED FOR IDENTIFICATION BY SRBC&COLLP MUMBAI VIN0 C Weispun Living Limited (Formerly known as Weispun India Limited) Welspun House, 6th Floor, Kamala City, Senapati Bapat Marg, Lower Parel (W), Mumbai 400013, India T: ±91 2266136000 / 2490 8000 I F: "-91 2224908020 E-mail: companysecretary_wil©welspun.com Website: www.welspunlivingtom Registered Address: Welspun City, Village Versamedi, Taluka Anjar, District Kutch, Gujarat 370 110, India 1: +91 2836661111 I F ý91 2836279010 Works: Survey No.76, Village Morai, Vapi, District Valsad, Gujarat 396 191, India T: ,-gi 26 0243 7437 F: +91 260224 37088 Corporate Identity Number: L171100J1985PLC033271
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Welspun°LIvING STATEMENT OF UNAIJDITED STANDALONE ASSETS AND LIABILITIES AS AT SEPTEMBER 30, 2026 (!In Crores) Sr. No. Particulars As at 30.09.2026 (Unaudited) 31 .03.2026 (Audited) A ASSETS Noncurrent assets (a) Property, Plant and Equipment 2,587.83 2,617.46 (b) Capital work-in-progress 23.69 128.72 (c) Intangible assets 32.67 33.39 (d) Right-of-use assets 23.21 26.55 (e) Intangible assets under development 9.66 8.28 (f) Equity investment in subsidiaries 628.84 665.55 (g) Financial Assets (i) Investments (Refer Note 7) . .354.32 280.86 (U) Loans 0.07 0.01 (iii) Other financial assets 70.40 250.43 (h) Non-current tax assets (Net) 41.15 41.15 (i) Other non-current assets 82.49 12.02 Total Non-current assets 3,854.35 4,06442 2 Current assets (a) Inventories 1,228.62 1,384,16 (b) Financial Assets (i) Investments , , 1,026.59 817.89 (ii) Trade receivables 808.95 495.65 (it) Cash and cash equivalents 142.69 48.80 (iv) Bank balances other than cash and cash equivalents above 5.49 3.84 (v) Loans . 0.40 10.11 (vi) Other financial assets 418.07 184.97 (c) Other current assets 269.29 208.29 3,900.10 3,153.71 Total current assets TOTAL ASSETS 7,754.45 1,218.13 B EQUITY AND LIABILITIES Equity Equity Share capital (Refer Note 4) 94.47 95.91 Other equity (Refer Notes 2.3 and 4) 3,988.23 3,981.15 4,08270 4,07L06 Total Equity 2 LiabilitIes Non-current liabilities (a) Financial Liabilities (i) Borrowings 360.21 445.14 (ii) Lease liabilities . 21.61 23.95 (b) Deferred tax liabilities (Net) 419.29 435.94 (c) Other non-current liabilities 463.89 398.09 1,265,00 1,303,12 Total Non-current liabilities Current liabilities (a) Financial Liabilities (i) Borrowings 894.64 705.80 (ii) Lease liabilities 5.31 6.15 (it) Trade payables (a) Total outstanding dues of micro enterprises and small enterprises III .89 77.89, (b) Total outstanding dues of creditors other than micro enterprises and small enterprises 889.49 537.29 (iv) Other financial liabilities 58.55 87.00 (b) Current tax liabilities (Net) . 248.92 248.33 (c) Employee benefit obligations 149.80 134.06 (d) Other current liabilities . . 48.15 41.43 Total Current liabilIties 2,406.75 1,837.95 - TOTAL EQUITY AND LIABILITIES . 7,75445 7,21813 Welspun Living Limited (Formerly known as WeIspUn India Limited) es Welspun House, 6th Floor, Kamala City, Senapati Bapat Marg, Lower Parel (W), M T: +91 22 6613 6000 / 2490 8000 I F: +91 22 2490 8020 E-mail: companysecretary_wil©welspun.com Website: www.welspunliving.com Registered Address: Welspun City, Village Versamedi, TalUka Anjar, District Kutch T: +91 2836661111 I F : +91 2836279010 Works: Survey No. 76, Village Morai, Vapi, District Valsad, Gujarat 396 191, India T: +91 26 0243 7437 F: +91 26 0224 37088 Corporate Identity Number: L171100J1985PLC033271
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Welspun°LIvING STATEMENT OF UNAUDITED STANDALONE CASH FLOWS FOR THE HALF YEAR ENDED SEPTEMBER 30, 2026 (tin Crores) Sr. Particulars HalfvearEnded HalfTearEnded September30, 2026 (Unaudited) September 30, 2025 (Unaudited) A. CASH FLOW FROM OPERATING ACTIVITIES Profit Before Tax 327.97 248.36 Adjustments to reconcile profit before tax to net cash flows: Depreciation and amortisation expenses 125.07 129.65 Income from government grants (81.43) (74.23) Unrealised Ibreign exchange differences (Net) (0.61) 0.57 Loss/ (Gain) on disposal of property, plant and equipment 4.83 0.86 Net gain on financial assets measured at fair value through profit or loss (1.77) (4 56) Unwinding of discount on government subsidy/security deposits (12.14) (7.62) Employee share-based payment expense 0.72 2.09 Gain on sale of investments (30.77) - Dividend income classified as investing cash flows (55.27) (154.09) Liabilities! provisions written back (0.56) - Proviaion tbr doubtful debts/ advances written back (0.03) - Provision! write off of doubtful debts / advances 14.20 3.09 Corporate guarantee commission income (1.60) (1 .44) interest income classified as investing cash flows (32.26) (23.23) Interest paid (Net) 28.16 41.85 lncrease/ (decrease) in employee benefit obligations 15.74 14.80 (27.72) (72.46) Operating Profit Before Working Capital Changes 300.25 175.90 Adjustments for changes in working capital: Decrease/ (increase) in trade receivables (313.30) 63.72 Decrease/ (increase) in inventories 155.54 150.21 Decrease/ (increase) in other financial assets 71.42 15.52 Decrease/ (increase) in other current assets (150.14) (202.32) Increase/ (decrease) in trade payables 387.38 (24.54) Increase! (decrease) in other current liabilities (44.00) 11.05 106.90 13.64 Cash Flow Generated from Operations 407.15 189.54 Income Tax paid (79.63) (39.46) Net Cash Flow From Operating Activities 327.52 150.08 B. CASH FLOW FROM INVESTING ACTIVITIES Purchase of property, plant and equipment, capital work-in-progress and intangible assets (40.62) (18.09) Sale of property, plant and equipment 1.33 Receipt of Government grants 71.16 71.67 Maturity / (Investment) in fixed deposit and margin money (Net) (0.26) (2.03) Repayment of loans given to employees/ related parties 9.65 10.39 Receivables from related parties - (9.79) Sales! (Purchase) of Investment (Net) (231.16) (248.13) Proceeds from sale of investment in subsidiaries 67.65 - Equity investment in subsidiaries (0.17) (60.86) Dividend received 55.27 154.09 Interest received 24.85 14.88 Net Cash Flow from! (used) in Investing Activities (42.28) (87.87) C. CASH FLOW FROM FINANCING ACTIVITIES Equity shares of the Company sold by Welspun Living Employees Welfare Trust - 84.67 Repayment of long term borrowings (67.52) (52.49) (Repayment of Proceeds from short term borrowings (Net) 172.57 23.11 Payment of principal portion of lease liabilities (3.18) (2.76) Dividend paid to owners of Welspun Living Limited (9.41) (162.46) Buyback of equity shares including transaction cost (254.50) - Interest paid (Net) (29.31) (43.08) Net Cash Flowfrom ! (used) in Financing Activities (191.35) (153.01) Net increase! (decrease) in Cash and Cash Equivalents (A + B + C) 93.89 (90.80) 48.80 177.99 Cash and cash equivalents at the beginning of the period Cash and cash equivalents at the end of the period 142.69 87.19 Net increase! (decrease) in Cash and Cash Equivalents 93.89 (90.80) Weispun Living Limited (Formerly known as Welspun India Limited) welspun House, 6th Floor, Kamala City, Senapati Bapat Marg, Lower Parel (W), rv T: +91 22 6613 6000 / 2490 8000 I F: 91 22 2490 8020 E-mail: CompanyseCretary_wil©welspUn.Com Website: www.welspunliving.com Registered Address: Weispun City, Village Versamedi, Taluka Anjar, DistriCt KutCi T: +91 2836661111 I F: +91 2836279010 Works: Survey No. 76, Village Morai, Vapi, District Valsad, Gujarat 396 191, India 1: +91 2602437437 I F: 9l 26 0224 37088 Corporate Identity Number: L17110GJ1985PLC033271
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I 0 ISDUfl LIVING STATEMENT OF UNAUDrrED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBR Notes: 1. The above standalone financial results for the quarter and half year ended on September 30, 2026 were reviewed by the Audit Committee and thereafter approved by the Board of Directors at its meeting held on October 30, 2026. This statement is as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('the Regulations'). The Statutory Auditors have canled out a Limited Review of the above financial results for the quarter and half year ended on September 30, 2026. 2. The financial results of Welspun Living Employees Welfare Trust (Trust') have been included in the standalone financial results of the Company in accordance with (he requirements of Ind AS 32. Cost of treasury shares of 24.14 crore for the quarter ended September 30, 2026. quarter ended June 30, 2026 and year ended March 31, 2026 and 25.72 crore for the quarter and half year ended September 30, 2025 has been presented as a deduction in Other Equity. While computing basic and diluted eamings per share for the quarter ended September 30, 2026. quarter ended June 30, 2026 and year ended March 31, 2026, 33,07,500 number of equity shares and for the quarter and half year ended September 30, 2025, 35,00,000 number of equity shares (which are l4ng with Trust) have been reduced. During the previous year, the Trust sold 62,68,566 unappropriated shares as required pursuant to SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 and extention of time permitted by SEBI. Gain on sales of shares of 29.08 crore (Net of tax of 5.11 crore) has been accounted in general reserve. During the previous year, 1,92,500 number of shares has been excercised at an ecericise price of UOO per share. Gain on issue of such shares of 0.30 crores (Net of tax of 0.05 crore) has been accounted in general reserve. 3. The Company had granted 51,50.000 stock options ('ESOPs') under Weispun Living Employee Benefit Scheme-2022 ('Scheme') representing an equal number of equity shares of face value of 1 each of the Company, at an exercise price of 100 to certain employees and directors of the Company and its subsidiaries. The options vested under each of the slabs can be exercised within a period of four years from the respective vesting date. During the previous year, 1,92,500 number of share were exercised. Accordingly, during the quarter ended September 30, 2026, quarter ended June 30, 2026, quarter ended September 30. 2025, half year ended September 30, 2026, half year ended September 30, 2025 and year ended March 31, 2026 the Company has recorded employee benefits expense of 0.31 crore, 0.31 crore, 0.62 crore, 0.62 crore, 2.71 crore and 2.18 crore, respectively. 4. The Board of Directors in its meeting held on May 15, 2026, had provided their consent for the buy-back of 1,44,00,000 (One crore forty four lakhs) fully paid-up equity shares of face value of Il- each, at a price 175/- per equity share ('Buyback Price') and for an amount not exceeding 252.00 crores ('Buyback Size), by way of tender offer in accordance with the provisions contained in the SEBI (Buy-back of Securities) Regulations, 2018 and the Companies Act, 2013 and rules made thereunder. The record date for share buy-back was May 22, 2026. The tendering period for the buy back offer commenced on May 29, 2026 and ended on June 04. 2026. The Company bought back 1,44,00,00 equity shares at a price of 175 per equity share. The settlement of bids by the Clearing Corporation on the stock exchange was completed on June II, 2026. Accordingly, equity share capital has reduced by 1.44 crore and the premium on buy-back and its related expenses of 250.56 crores and t 2.50 crores respectively have been adjusted against retained earnings. 5. Other income for the quarter and half year ended September 30, 2026 includes dividend of 55.27 crores and for the year ended March 31, 2026 includes dividend of 154.09 crores from one of its subsidiary. During the quarter ended September 30. 2026, the Company has paid final dividend of 9.41 crores, During the year ended March 31. 2026, the Company had paid final dividend of 162.46 Crores, Considering the above, the Company has claimed deduction for full amount of divided income under section 80M of Income Tax Act 1961 while calculating the annual effective tax rate. 6. During the period ended September 30. 2026, operations at the Vapi plant were disrupted from July 23. 2026 due to heavy rains and flooding. During the quarter, the Company received an on-account payment of 125 crore from the insurer. Based on its current best estimate, the Company has recognised inventory write-offs, losses arising from damage to Property, Plant and Equipment and restoration expenses, net of insurance recoveries, amounting to 7.16 crore, which has been presented as an exceptional item in the financial results. The final settlement of the insurance claim, including loss of profit, remains subject lo completion of the insurer's assessment process. 7. The Board of Directors, at its meeting held on July 24, 2026, approved the transfer of 51% stake held by the Company in Welspun Captive Power Generation Limited (WCPGL) for a consideration of 67.65 crores, The transfer was completed on July 31, 2026, resulting in a gain of 30.77 crores recognised in these financial results. Consequent to the same, WCPGL has ceased to be a Subsidiary of the Company and has become an Associate of the Company. 8. The Company publishes this unaudited standalone financial results along with the unaudited consolidated financial results. In accordance with Ind AS 108. Operating Segments, the Company has disclosed the segment information in the statement of unaudited consolidated financial results. I SiGNED FOR IDENTiFICATI FOR MD ON BEHALF OF THE BOARD BY I 1* MUMBA! Dipali Goenka Place: Mumbal (MD and CEO) DIN 00007199 Date: October 30, 2026 Weispun Living Limited (Formerly known as Welspun India Limited) Welspun House, 6th Floor, Kamala City, Senapati Bapat Marg, Lower Parel (W), Mumbai 400013, India T: ý91 22 6613 6000/2490 8000 F: +91 22 2490 8020 E-mail: COmpanysecretary_wil©Welspun.cOm I Website: www.welspunliving.com Registered Address: Weispun City, Village Versamedi, Taluka Anjar, District Kutch, Gujarat 370 110, India T: +91 28 3666 1111 I F : +91 28 3627 9010 Works: Survey No. 76, Village Morai, Vapi, District Valsad, Gujarat 396 191, India T' +91 26 0243 7437 F: ý91 26 0224 37088 Corporate Identity Number: L171100J1985PLC033271
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Welspun°uvlNc EXTRACT OF STATEMENT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30,2026 ( In Crores) s N r. 0. Particulars Quarter Ended Year Ended 30.09.2026 30.09.2025 31 .03.2026 (tinaudited) (Unaudited) (Audited) 1 Total income 2,869.90 2455.66 9,467.91 2 Profit before Exceptional items and Tax 232.98 23.82 306.44 3 Profit before Tax 225.82 23.82 287.47 4 Net Profitfor the Period 169.66 14.86 212.89 5 Total Comprehensive lncomet(Loss) for the Period [Comprising Profit for the Period (after Tax) and Other 192.94 (14.95) 180.73 Comprehensive Income (after Tax)] 6 Equity Share Capital (Shares of Re. I each) 94.47 95.91 95.91 7 Other Equity as shown in the Audited Balance Sheet 4,821.28 8 Earnings Per Share (of Re. I each) (Not annualised) a) Basic before exceptional items (in ) 1.86 0.13 2.29 b) Diluted before exceptional items (in ) 1.86 0.13 2.29 c) Basic after exceptional items (in ) 1.80 0.13 2.14 d) Diluted after exceptional items (in ) 1.80 0.13 2.14 Notes: I The above is an extract of detailed format of Quarterly Financial Results filed with the Stock Exchanges under Regulation of 33 of the SEBI (Listing Obligations and Other Disclosure Requirements) Regulation 2015. The full format of the Quarterly Financial Results are available on the Stock Exchange websites www.nselndia.com and www.bselndla.com and also on company's website www.welspunliving.com. 2 Additional Information on standalone financial results is as follow: It in Crores) No PartIculars Quarter Ended 30.09.2026 30.09.2025 __________ 31.03.2026 (Unaudited) (Unaudited) (Audited) 1 _______________________________________________________________________________________ Total Income 2,218.28 2,015.74 7,814.20 2 Profit before Exceptional items and Tax 143.93 146.20 283.84 3 ProfitbeforeTax 136.77 146.20 270.37 4 Net Profit for the Period 108.67 147.73 240.75 5 Total Comprehensive Income for the Peilod(after Tax) 110.65 147.03 249.47 FOR AND ON BEHALF OF THE BOARD Place : Mumbal Date October 30, 2026 Dinka (MD and CEO) DIN: 00007199 Welspun Living Limited (Formerly known as Weispun India Limited) Welspun House, 6th Floor, Kamala City, Senapati Bapat Marg, Lower Parel (W), Mumbai 400013, India 1: +91 2266136000 / 2490 8000 F: +91 22 2490 8020 E-mail: con1panysecretarywitwelspun.com Website: www.welspunliving.com Registered Address: Welspun City, Village Versamedi, Taluka Anjar, District Kutch, Gujarat 370 110, India T: ý91 2836661111 I F : ý91 28 3627 9010 Works: Survey No. 76, Village Morai, Vapi, District Valsad, Gujarat 396 191, India T: +91 2602437437 I F: ý91 260224 37088 Corporate Identity Number: L17110GJ1985PLC033271