The Board inter-alia considered and approved the following:

1. Un-Audited Financial Results for the Quarter and Half Year ended 30 September 2026.

2. Grant of 85,000 options at an exercise price of Rs. 10/- (Rupees Ten Only) per share to eligible employees under the Employee Stock Option Plan 2023.

Financial Results Highlights (Quarter Ended September 30, 2026)

(All figures in ₹ Lakhs, except EPS and share data)

Income & Profitability:

  • Net Sales/Income from Operations: ₹1,717.85
  • Other Operating Income: ₹0.08
  • Total Revenue from Operations: ₹1,717.85
  • Other Income: ₹35.38
  • Total Income (net): ₹1,753.23
  • Profit before tax: ₹1.73
  • Tax Expense: ₹(1.35) [Current Tax: ₹(2.07), Deferred Tax: ₹0.73]
  • Net Profit for the Quarter: ₹1.25
  • Other Comprehensive Income (net of tax): ₹2.19
  • Total Comprehensive Income for the Quarter: ₹1.43

Earnings Per Share (EPS) (Face Value Rs. 10/-):

  • Basic EPS: ₹0.02
  • Diluted EPS: ₹0.03

Paid-up Equity Share Capital: ₹3,695.56 Lakhs

Financial Results Highlights (Half Year Ended September 30, 2026)

Income & Profitability:

  • Net Sales/Income from Operations: ₹3,325.82
  • Other Operating Income: ₹0.31
  • Total Revenue from Operations: ₹3,326.13
  • Other Income: ₹60.39
  • Total Income (net): ₹3,386.52
  • Profit before tax: ₹65.55
  • Tax Expense: ₹20.35 [Current Tax: ₹25.21, Deferred Tax: ₹(4.86)]
  • Net Profit for the Period: ₹46.20
  • Other Comprehensive Income (net of tax): ₹2.19
  • Total Comprehensive Income for the Period: ₹48.39

Earnings Per Share (EPS) (Face Value Rs. 10/-):

  • Basic EPS: ₹0.43
  • Diluted EPS: ₹0.12

Segment-wise Performance (Half Year Ended September 30, 2026)

Partner Business:

  • Net Sales/Income: ₹710.49 Lakhs
  • Segment Result: ₹(32.00) Lakhs
  • Capital Employed: ₹10,830.00 Lakhs

Enterprise Business:

  • Net Sales/Income: ₹2,615.84 Lakhs
  • Segment Result: ₹220.08 Lakhs
  • Capital Employed: ₹52,566.20 Lakhs

Total:

  • Net Sales/Income: ₹3,326.33 Lakhs
  • Total Profit Before Tax: ₹65.55 Lakhs
  • Total Capital Employed: ₹63,396.20 Lakhs

Balance Sheet Highlights (As at September 30, 2026 - Unaudited)

Total Assets: ₹8,773.83 Lakhs

Non-Current Assets: ₹4,487.95 Lakhs

  • Property, Plant and Equipment: ₹3,354.53 Lakhs
  • Capital work-in-progress: ₹217.35 Lakhs
  • Other Intangible assets: ₹0.00 Lakhs
  • Financial Assets: ₹442.40 Lakhs
  • Other financial assets: ₹371.50 Lakhs
  • Deferred tax assets (net): ₹62.27 Lakhs
  • Other non-current assets: ₹35.03 Lakhs

Current Assets: ₹4,285.88 Lakhs

  • Inventories: ₹897.69 Lakhs
  • Trade receivables: ₹1,764.80 Lakhs
  • Cash and cash equivalents: ₹126.83 Lakhs
  • Bank balances other than cash: ₹844.48 Lakhs
  • Other financial assets: ₹59.04 Lakhs
  • Other current assets: ₹593.04 Lakhs

Equity and Liabilities:

Equity: ₹6,263.17 Lakhs

  • Equity Share capital: ₹3,695.56 Lakhs
  • Reserves & Surplus: ₹2,567.61 Lakhs

Non-Current Liabilities: ₹759.11 Lakhs

  • Borrowings: ₹590.39 Lakhs
  • Lease Liabilities: ₹28.30 Lakhs
  • Other non-current liabilities: ₹140.42 Lakhs

Current Liabilities: ₹1,751.54 Lakhs

  • Borrowings: ₹656.34 Lakhs
  • Lease Liabilities: ₹76.11 Lakhs
  • Trade payables: ₹539.79 Lakhs
  • Total outstanding dues of Micro and small enterprises: ₹65.77 Lakhs
  • Total outstanding dues of creditors other than micro and small enterprises: ₹474.02 Lakhs
  • Other financial liabilities: ₹214.30 Lakhs
  • Other current liabilities: ₹86.46 Lakhs
  • Provisions: ₹178.54 Lakhs

Cash Flow Statement (Half Year Ended September 30, 2026 - Unaudited)

  • Net Cash Inflow from Operating Activities: ₹645.06 Lakhs
  • Net Cash Outflow from Investing Activities: ₹(196.68) Lakhs
  • Net Cash Outflow from Financing Activities: ₹(339.68) Lakhs
  • Net Increase in Cash and Cash Equivalents: ₹108.70 Lakhs
  • Cash and cash equivalents at the beginning of the period: ₹18.12 Lakhs
  • Cash and cash equivalents at end of the period: ₹126.82 Lakhs

Limited Review Report

A limited review of the unaudited financial results for the quarter and half year ended September 30, 2026, was performed by the statutory auditors, Guru & Jana LLP (Firm Registration number: 006826S/5000214). The review was conducted by Partner Heena Kauser A P (Membership No: 219971) in accordance with Standard on Review Engagements (SRE) 2410.

The conclusion states that based on their review, nothing has come to their attention that causes them to believe that the accompanying Statement contains any material misstatement or has not disclosed the information required by Regulation 33 of the SEBI LODR Regulations, 2015.

Disclosure Compliance

The results will be published in newspapers as per Regulation 47(1)(b) and uploaded on the Company's website (www.wepsol.com) as per Regulation 46(2)(l)(ii) of the SEBI LODR Regulations, 2015.