Summary of Key Information:

Reporting Period: Quarter and half year ended 30th September, 2026

Nature of Filing / Announcement: Outcome of Resolution Professional Management Committee Meeting and Unaudited Financial Results under CIRP

Audit Opinion:

Adverse Opinion - Financial statements not prepared in accordance with Ind AS due to non-provisioning of admitted claims

Key Financial Highlights [₹ in lakhs]:

Standalone Results:

Quarter ended 30-09-2026:

  • Revenue from Operations: 18,698.36 (vs 18,745.06 in Q2 FY26, -0.2% YoY)
  • Total Income: 18,838.00
  • Net Profit: 1,036.33 (vs 376.30 in Q2 FY26)
  • EPS: ₹0.07 (vs ₹0.02 in Q2 FY26)

Half year ended 30-09-2026:

  • Revenue from Operations: 36,354.14 (vs 34,584.24 in H1 FY26, +5.1% YoY)
  • Total Income: 36,605.68
  • Net Profit: 1,696.62 (vs loss of 23,769.33 in H1 FY26)
  • EPS: ₹0.11 (vs loss of ₹1.51 in H1 FY26)

Year ended 31-03-2026 (Audited):

  • Revenue from Operations: 64,702.01
  • Net Loss: 22,975.79
  • EPS: -₹1.46

Consolidated Results:

Quarter ended 30-09-2026:

  • Revenue from Operations: 19,470.09
  • Total Income: 19,616.94
  • Net Profit: 997.52
  • EPS: ₹0.06

Half year ended 30-09-2026:

  • Revenue from Operations: 38,162.90
  • Total Income: 38,439.78
  • Net Profit: 1,419.07
  • EPS: ₹0.09

Year ended 31-03-2026 (Audited):

  • Revenue from Operations: 68,301.28
  • Net Profit: 1,281.36
  • EPS: ₹0.08

Financial Position as at 30-09-2026:

Standalone:

  • Cash and Cash Equivalents: 3,225.19 lakhs
  • Other Equity: 51,000.48 lakhs
  • Total Assets: 1,63,708.40 lakhs
  • Borrowings: 2,020.08 lakhs (current)
  • Trade Payables: 30,937.40 lakhs (other than micro/small enterprises)

Consolidated:

  • Cash and Cash Equivalents: 3,972.36 lakhs
  • Other Equity: 74,707.89 lakhs
  • Total Assets: 1,92,645.18 lakhs
  • Borrowings: 1,970.08 lakhs (current)
  • Trade Payables: 34,487.61 lakhs (other than micro/small enterprises)

Corporate Actions:

No dividend declarations, share splits, bonus issues, buybacks, or capital raising activities announced.

Other Significant Information:

CIRP Process Update:

  • Form G published on 2nd September 2026 inviting Expressions of Interest
  • RFRP, Evaluation Matrix and Information Memorandum issued to eligible PRAs on 3rd October 2026

Business Transfer:

  • Non-Regulated Business transferred to IPCL Power Limited (wholly-owned subsidiary) effective 28th June 2025
  • Revenue from GUVNL for wind energy business continues in company account

Share Capital Suspense:

  • ₹6,041.43 lakhs represents equity share capital to be issued to shareholders of amalgamating company
  • Corresponds to 6,041.43 lakh shares of face value ₹1 each

Segment Information:

  • Single business segment of generation and distribution of power
  • Segment reporting not applicable

Entities in Consolidation:

Subsidiaries: IPCL Power Limited, IPCL Pte. Ltd., MP Smart Grid Private Limited, MP Smart Metering Private Limited, Parmeshi Urja Limited, DPSC Distribution Limited

Joint Ventures: India Uniper Power Services Private Limited, Arka Energy B.V. (till 08-09-2026), Akemi Solar sh.p.k (till 08-09-2026)

Regulatory Income/Expense:

  • Regulatory income (net) of ₹267.64 lakhs for Q2 FY27 (standalone)
  • Based on West Bengal Electricity Regulatory Commission orders and tariff adjustments