Graphite India Ltd. - Quarterly/Annual Result Disclosures and Notes dated 30 Jun 2025

Serial No 17 - Other Comprehensive Income net of taxes - Amount considered is zero since the amount is below the rounding off norm adopted by the Company.

Notes to the standalone financial results -

1The above standalone financial results of the Company have been prepared in accordance with the Indian Accounting Standards (Ind AS) notified under Section 133 of the Companies Act, 2013 (the 'Act') read with Companies (Indian Accounting Standards) Rules, 2015 as amended from time to time and the other accounting principles generally accepted in India and in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The above results have been reviewed by the Audit Committee and approved by the Board at their respective meetings held on 1st August, 2025. The Auditors of the Company have carried out a Limited Review of the above financial results for the quarter ended 30th June, 2025 in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and issued an unmodified conclusion.2The figures of the last quarter are the balancing figures between the audited figures in respect of the full financial year up to 31st March, 2025 and the unaudited published year-to-date figures up to the 31st December, 2024 being the date of the end of the third quarter of the financial year which were subject to limited review. 3 Due to the overall fall in the electrode prices, the Company, in accordance with the applicable Ind AS has recognized inventory on Net Realizable Value (NRV) basis to the extent applicable and has accordingly written down the carrying cost of inventory. The value of such write down (Balance Sheet position) is Rs. 75 Crores as at 30th June, 2025, Rs. 110 Crores as at 31st March, 2025 and Rs. 192 Crores as at 30th June, 2024. 4. Based on income tax assessment orders received by the Company in respect of Assessment Years 2018-19 and 2019-20, the Company had received refunds amounting to Rs. 417 Crores in earlier years. The Company had preferred appeals against the short allowance of deduction claimed by the Company. Pending disposal of such appeals, no credit/adjustment has been made on a prudent basis.