5001282026-04-012026-06-305001282026-04-012026-06-30in-capmkt:OtherExpenses1Member5001282026-04-012026-06-30

ItemsThatWillBeReclassifiedToProfitAndLoss1

5001282026-04-012026-06-30

ItemsThatWillBeReclassifiedToProfitAndLoss2

iso4217:INRxbrli:pureiso4217:INRxbrli:shares

500128

ELECTCAST

INE086A01029

ELECTROSTEEL CASTINGS LIMITED

Main Board

Equity

2026-04-01

2027-03-31

2026-08-07

2026-07-31

INR

Lakhs

Quarterly

First quarter

Single segment

The company operates mainly in one business segment viz. Pipes and all other activities revolve around the main business.

2026-08-07

11:30:00

2026-08-07

15:00:00

Not applicable

false

Not Applicable

2026-04-01

2026-06-30

Unaudited

Standalone

10914383000

275119000

11189502000

6665833000

-483692000

986964000

218232000

366024000

3314457000

11067818000

121684000

85267000

-22831000

62436000

59248000

-114511000

-55263000

618184000

0.1

1. The above Unaudited Standalone Financial Results for the quarter ended June 30, 2026 attached herewith which have been prepared in accordance with the Indian Accounting Standards (“Ind AS”) 34 "Interim Financial Reporting" (hereinafter referred to as "financial results") as prescribed under section 133 of the Companies Act 2013 and compiled keeping in view the provision of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended). These financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on August 07, 2026 and have been subjected to Limited Review by the Statutory Auditors. 2. The Company operates mainly in one business segment viz. Pipes and fittings and all other activities revolve around the main business. 3. In pursuance of the Order dated September 24, 2014 passed by the Hon’ble Supreme Court of India ('the Order'), followed by the Ordinance promulgated by the Government of India, Ministry of Law & Justice ('legislative department') dated October 21, 2014 ('Ordinance') for implementing the Order, allotment of Parbatpur coal block ('coal block'/'mine') to the Company, which was under advanced stage of implementation, had been cancelled w.e.f. April 01, 2015. In terms of the Ordinance (subsequently promulgated into Coal Mines (Special Provisions) Act, 2015 i.e. 'CMSP Act'), the Company was allowed to continue the operations in the said coal block till March 31, 2015. Accordingly, the said coal block had been handed over to Bharat Coking Coal Limited ('BCCL') as per the direction from Ministry of Coal ('Ministry'), with effect from April 01, 2015 and the same was thereafter allotted to Steel Authority of India Limited ('SAIL') and an initial compensation of Rs. 8432.32 lakhs was awarded, of which Rs. 8312.14 lakhs was received by the Company. SAIL subsequently surrendered the coal block and handed over the said coal block back to the custody of BCCL. Following a petition filed by the Company, challenging the method and amount of compensation being determined, the Hon’ble High Court of Delhi pronounced its judgement on March 09, 2017 laying down the principles for the amount of compensation to be determined. Accordingly, based on the said judgement, the Company claimed Rs. 154944.48 lakhs towards compensation against the said coal block, acceptance whereof is awaited. The then Nominated Authority, for deciding the amount of compensation, had passed an order, after the above judgement, revising the compensation by a small amount. However, upon an appeal being made by the Company, the said order was set aside by the Hon'ble High Court, with a direction to the Nominated Authority to reconsider the same. The Nominated Authority thereafter passed an order dated November 11, 2019 awarding an additional compensation of Rs. 180.00 lakhs, with a further direction to determine the value of certain assets forming part of the mine infrastructure in terms of the CMSP Act. Subsequently, the Nominated Authority, appointed a valuer to determine the value of those specified assets and thereafter an another valuer was also appointed for cross verification of certain back-up documents, details and indirect costs related thereto, so that to arrive at the correct amount of compensation against those assets. Moreover, the Company had also earlier approached the Nominated Authority/Ministry to reconsider the compensation, determined by the previous officer holding charge of office of Nominated Authority, for land and some other major assets and the final amount thereof is yet to be decided. In the meantime, JSW Steel Limited ('JSW') had been declared as successful bidder for Parbatpur Coal Block in "16th Tranche of Auction Under Coal Mines (Special Provisions) Act, 2015” and vesting order dated June 08, 2023 was issued by the Ministry in their favour. JSW, as being claimed by them, took over the physical possession of said coal block and requested the Company to initiate negotiations for utilization of movable property/ assets used in coal mining. Pursuant to this, the Company has submitted that the matter is sub-judice and pending decision thereof, it is premature to initiate such negotiations at this stage. On July 15, 2025, the Nominated Authority (‘NA’) had passed a Provisional Compensation Order of even date ('Provisional Order') declaring additional compensation of Rs. 47610.62 lakhs against shaft and incline and certain other assets forming part of mine infrastructure ('mine infrastructure assets') and Rs. 2260.31 lakhs against land aggregating to Rs. 49870.93 lakhs in favour of the Company. Subsequently, after considering the comments/objections sought by the Nominated Authority from the Company, SAIL and JSW in respect of the Provisional Order, NA passed a compensation order dated November 19, 2025 (‘Compensation Order’) and determined that Rs. 25304.42 lakhs is payable as compensation towards ‘hard cost’ of shafts and inclines and certain other mine infrastructure and JSW has been directed to deposit the amount of Rs. 19675.74 lakhs being the aggregate amount of the compensation as above. The compensation payable to the company towards soft costs of shaft and incline and land is pending determination as on this date and will therefore be decided by NA in due course of time. It has further been directed that the differential cost for preparation of updated Geological Report may be mutually settled between the company and JSW after verification from CMPDIL. JSW has submitted a bank guarantee of the amount directed to be deposited as above, to the NA. The CMSP Act also provides for negotiation and decide mutually between the Company and JSW, the compensation amount towards the cost of movable assets not forming part of mine infrastructure assets. JSW thereafter filed two petitions, seeking ‘stay’ and challenging the Compensation Order before the Tribunal, under the CMSP Act, at Ranchi (“Tribunal”). Tribunal denied JSW’s petition seeking ‘stay’ of the Compensation Order, vide an order dated January 21, 2026. Thereafter, on a petition being filed against the said denial, Hon’ble Jharkhand High Court, vide order dated January 21, 2026 granted conditional stay against the Compensation Order, subject to JSW depositing 50% of the amount i.e. Rs. 9837.87 lakhs as directed by NA and the same had been deposited by JSW. On an application filed, Tribunal vide order dated March 19, 2026, had allowed the withdrawal of the amount so deposited on submission of unconditional and irrecoverable Bank Guarantee ('BG') of an equivalent amount. Moreover, the Company’s petition before Hon’ble High Court of Delhi, filed in earlier year, for declaration of certain assets as mine infrastructure and determination of the amount of the compensation for the coal block, pertaining to mine infrastructure assets and land etc., so as to arrive at the total amount of compensation against entire coal block in terms of the CMSP Act read with judgement dated March 09, 2017 pronounced by the Hon’ble High Court at Delhi, is also being actively pursued and the same is pending adjudication as on this date. Pending finalisation of the matter as above, no adjustment for the amount of the compensation has been given effect to and various balances pertaining to said mine, as appearing in the books of accounts, have been dealt with as follows: (i) Rs.128884.11 lakhs incurred pertaining to the coal block till March 31, 2015 after setting off income, stocks etc. there against as per the accounting policy then followed by the Company has been continued to be shown as freehold land, capital work in progress, other fixed assets and other respective heads of account; (ii) Interest and other finance cost for the year ended March 31, 2016 against the fund borrowed and other expenses directly attributable in this respect amounting to Rs. 9514.74 lakhs have been considered as other recoverable under current assets; and (iii) Compensation of Rs. 8312.34 lakhs have so far been received. Further net realisations/claims against sale of assets, advances, etc. in this respect aggregates to Rs. 2090.04 lakhs. Bank guarantee amounting to Rs. 920.00 lakhs has been given against the compensation received. (iv) Pending decission on the matter, Rs. 9837.87 lakhs received for shaft and incline and other mine infrastructue assets on submission of Bank Guarantee theragainst, have been disclosed as “Receipt against claim for Coal Mines” under Financial Liabilities. Necessary disclosures and adjustments arising with respect to above, pending determination of the claim will be given effect to on the finalisation and acceptance of the amount thereof. 4. (a) The Company holds 19796000 equity shares of Rs. 10/- each in ESL Steel Limited ('ESL') out of which 17334999 equity shares of Rs. 10/- each amounting to Rs. 2962.55 lakhs were pledged with the consortium of lenders of ESL ('lenders'). The notices issued by the lenders for invocation of pledge of company’s investment was set aside by the Hon'ble High Court at Kolkata in the earlier year and the company’s plea for release of such pledge is pending before the said Hon'ble High Court. (b) Further in the earlier years, certain land amounting to Rs. 29493.58 lakhs of the company, situated at Elavur, Tamil Nadu, were mortgaged to an another lender of ESL viz SREI Infrastructure Finance Limited ('SREI') and SREI had subsequently assigned it’s right against the said Land to an Asset Reconstruction Company ('ARC') although the claims of the said lender were fully discharged by ESL as per the Resolution Plan approved by Hon'ble National Company Law Tribunal ('NCLT'), Kolkata. Subsequently, the ARC had issued SARAFESI Notice and taken the symbolic possession of the said land. The Company had disputed the alleged assignment of the loan by the lender and as directed by the Hon’ble Supreme Court had filed an application before the Debt Recovery Tribunal ('DRT'), Chennai for setting aside the SARAFESI actions and release of the title deeds of the land which vide order dated April 08, 2022 (uploaded on April 27, 2022) had been dismissed by DRT. On filing the appeal before the Debt Recovery Appellate Tribunal ('DRAT') against the order of DRT, DRAT has directed the Company to deposit 50% of the SARAFESI demand i.e. Rs. 29355.04 lakhs against which revision application under Article 227 of the Indian Constitution and a Writ Application under Article 226 of Indian Constitution has been filed before Hon'ble Madras High Court. During the period, on an application filed by UVARCL for facilitating physical possession of the Elavur land, the District Magistrate by an ex parte order appointed a Commissioner. Aggrieved by the said ex parte order, the Company filed a writ petition before the Hon'ble Madras High Court and the said court by an interim order has directed the Commissioner not to proceed with facilitating the physical possession of the said land in favour of UVARCL. The matter is presently pending before the said court for decission. Earlier, the ARC had also filed an application before Hon’ble NCLT, Cuttack for initiation of Corporate Insolvency and Resolution Process (‘CIRP’) against the Company which had been decided in the favour of the Company vide NCLT order dated June 24, 2022 (‘the Order’). The said order on being challenged by ARC has been upheld by Hon’ble National Company Law Appellate Tribunal (‘NCLAT’) vide its order dated January 24, 2024. The Judgement of NCLAT was challenged before Hon’ble Supreme Court of India. Hon’ble Supreme Court vide its Judgement dated January 6, 2026 confirmed that the Company is not a guarantor for financial facilities availed by ESL. Hence, no CIRP Proceedings can be initiated against the Company. However, Hon’ble Supreme Court has also held that the approval and / or implementation of the Resolution Plan for ESL does not result in extinguishment of the entire debt of the said company so as to bar any claim against the Third-Party Security Providers. The Company is contemplating legal option of filing a Review Application before Hon’ble Supreme Court of India. (c) Pending finalization of the matter, these assets have been carried forward at their respective book value. 5. The State Government of West Bengal (‘State Government’) vide notification dated April 02, 2025 has notified the enactment of the Revocation of West Bengal Incentive Schemes and Obligations in the nature of Grants and Incentive Act, 2025 (‘the Revocation Act’) rescinding, revoking and discontinuing all West Bengal Incentive Schemes including West Bengal Incentive Scheme, 2000 (‘WBIS 2000’) (‘the Scheme’) retrospectively from the date of implementation of the respective scheme. The company is entitled to receive incentive in the form of Industrial Promotion Assistance under WBIS 2000 for the period starting from April 01, 2004 till March 31, 2019 in respect of company’s manufacturing units at Khardah and Haldia and the same as required in terms of WBIS 2000 have been granted to the company. Accordingly, the benefits under the said scheme has accrued and vested to the company before the enactment of the Revocation Act and Rs. 4680.58 lakhs out of the amount accrued in this respect till June 30, 2017 (pending determination of the amount pertaining to GST Regime for the remaining period till March 31, 2019) is outstanding as on June 30, 2026. The Hon’ble High Court of Calcutta on a petition filed by the company for the claim upto March 31, 2015 vide it’s order dated April 08, 2024 has directed the State Government to pay the amount remaining unpaid under the Scheme and pending receipt of the claim despite the direction of the Hon’ble High Court, the company had filed contempt petition before the said court on August 23, 2024. An another petition claiming the incentive for the remaining period upto June 30, 2017 had also been filed before the said court. Thearafter, the company based on the legal advice had filed a writ petition before the Hon’ble Calcutta High Court challenging the constitutional validity and retrospective applicability of the Revocation Act. The decisions with respect to these petitions are pending adjudication as on this date. Accordingly, the amount of claim accrued in earlier years and outstanding as above being considered good and recoverable has been so carried forward as on June 30, 2026. 6. Exceptional Item for the year ended March 31, 2026 represents the impact on the employee benefit and expenses on account of past service costs in respect of Gratuity and Leave Encashment amounting to Rs. 3838.26 lakhs as evaluated and determined by an independent actuary or otherwise as estimated consequent to notification dated November 21, 2025 for Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 (collectively referred to as ‘the Labour Code’) consolidating and replacing the then existing multiple labour legislations in the country. The developments and further clarifications in this respect will continue to be monitored and consequential adjustments if any will be given effect to on determination thereof. 7. The figure for the quarter ended March 31, 2026 is the balancing figures between the audited figures in respect of the full financial year and the year to date figure upto the quarter ended December 31, 2025 which was subject to limited review by the Statutory Auditors. 8. Previous periods' figures have been regrouped/rearranged wherever necessary.

Other expenses

3314457000

Remeasurement of defined benefit plan

14430000

Equity instruments through other comprehensive income

-125309000

-110879000

3632000

-114511000