Bang Overseas Ltd - Earnings Release 2026

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	Date: November 15, 2025
To,	To,
The General Manager,	The Manager,
Department of Corporate Services,	Listing Department,
BSE Ltd.	National Stock Exchange of India Limited
P.J. Towers, Dalal Street,	Exchange Plaza, Bandra-Kurla Complex,
Fort, Mumbai- 400 001	Bandra (East), Mumbai - 400051

Ref: BSE Scrip Code: 532946 and NSE Symbol: BANG

Dear Sir/ Madam,

Sub: Newspaper Advertisement - Extracts of Standalone & Consolidated Un- Audited Financial Results for the Quarter and Half Year ended September 30, 2025.

Pursuant to Regulation 30 & 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, please find enclosed herewith clipping of Newspaper advertisement titled “Extracts of Standalone & Consolidated Un-Audited Financial Results for the Quarter and Half Year ended 30[th ] September, 2025”, published in ‘Financial Express’ (English) and ‘Mumbai Lakshadweep’ (Marathi) newspaper on Saturday, 15[th] November, 2025.

This is for your information and record.

Thanking You,

Yours faithfully,

For Bang Overseas Limited

Digitally signed by BRIJGOPAL BALARAM BANG BRIJGOPAL DN: c=IN, o=Personal, title=2822, pseudonym=133495294746230124465C65BJ1z dZLp, 2.5.4.20=ac45d24581890bf1014415f0ec363a21f BALARAM 2470d27256f29cf08c3b9abcb920cdf, postalCode=400006, st=Maharashtra, serialNumber=bf990facd45d8aeb9ffdb88b070c 0393240c9273c8dc8022e191e173a30581e1, BANG cn=BRIJGOPAL BALARAM BANG Date: 2025.11.15 11:13:18 +05'30'

Brijgopal Bang Managing Director DIN: 00112203

Encl: As stated above

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Registered & Corporate Office: Aries House, Plot No. 24, Deonar, Govandi (E), Mumbai - 400 043.
CIN: L99999MH1969PLC014465
AUDITED FINANCIAL RESULTS
Extract of Un-Audited Financial Results for the Quarter and Half Year ended 30th September, 2025 FOR THE YEAR ENDED
31ST MARCH, 2025
in lakhs (Except EPS) in lakhs (Except EPS)
Consolidated Financial Results Standalone Financial Results Consolidated Standalone
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Quarter Ended Year to Date Year to Date Quarter Ended Year to Date Year to Date Year Year
PARTICULARS Figures for Figures for Figures for Figures for Ended Ended
Current Period Previous Current Period Previous
ended Period ended ended Period ended
30-Sep-25 30-Jun-25 30-Sep-24 30-Sep-25 30-Sep-24 30-Sep-25 30-Jun-25 30-Sep-24 30-Sep-25 30-Sep-24 31-Mar-25 31-Mar-25
(UN-AUDITED) (UN-AUDITED) (UN-AUDITED) (UN-AUDITED) (UN-AUDITED) (UN-AUDITED) (UN-AUDITED) (UN-AUDITED) (UN-AUDITED) (UN-AUDITED) (AUDITED) (AUDITED)
Omhra gyMZm 1 Income from Operations 25,045.01 20,476.37 23,511.92 45,521.38 41,105.32 23,752.93 19,893.29 22,389.41 43,646.22 40,159.50 80,439.32 77,835.37
_mPo Aerb _o. pìhZg qàQ²gMo _mbH$ lr. eaX Less :- Discounts / Rebates 5,058.50 4,499.21 4,312.08 9,557.72 8,390.32 4,985.42 4,475.58 4,286.45 9,461.00 8,344.66 18,217.60 18,067.84
H$m§{Vbmb n§S>çm m§Àm dVrZo OZVobm gy{MV Ho$bo Net Income from Operations 19,986.51 15,977.16 19,199.84 35,963.67 32,715.00 18,767.51 15,417.71 18,102.96 34,185.22 31,814.83 62,221.72 59,767.53
OmVo H$s, _o. wZmQ>oS> E§Q>aàmB©P Am{U _o. pìhZg 2 Net Profit (+) / Loss (-) for the period (before Tax,
qàQ²g m§ÀmV w{ZQ> H«$.E-49, Z§X{H$emoa B§S>pñQ´>b Exceptional and/or Extraordinary Items) 2,805.37 1,449.27 2,399.87 4,254.64 3,461.14 2,460.81 1,369.29 2,143.37 3,830.10 3,280.99 4,438.78 4,119.99
{à_mgog H$mo-Am°nao{Q>ìh gmogmQ>r {b{_Q>oS>, grQ>rEg 3 Net Profit (+) / Loss (-) for the period before Tax
H«$.238, _hmb B§S>pñQ´>b BñQ>oQ>, _hmH$mbr Ho$ìhO (after Exceptional and/or Extraordinary Items) 2,805.37 1,449.27 2,399.87 4,254.64 3,461.14 2,460.81 1,369.29 2,143.37 3,830.10 3,280.99 4,438.78 4,119.99 amoS>, A§Yoar (nyd©), _w§~B©-400093 (mnwT>o gXa w{ZQ> 4 Net Profit (+) / Loss (-) for the period after Tax åhUyZ g§X^©)oWo pñWV Agboëm {dH«$s H$amaZm_mMm (after Exceptional and/or Extraordinary Items) - _yi H$amaZm_m hadbm/Jhmi Pmbm Amho Am{U ËmMm (Owner's Share) 2,000.82 1,002.63 1,886.78 3,003.45 2,613.41 1,838.94 917.03 1,710.17 2,755.97 2,506.51 3,402.28 3,224.99
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5 Total Comprehensive Income for the period
Oa H$moUËmhr ìº$s/g§ñWobm {dH«$sH$[aVmMm _yi {Comprising Profit / (Loss) for the period (after tax)
H$amaZm_m AmT>ibm Va Vmo Vm~S>Vmo~ Imbrb nÎmda and Other Comprehensive Income (after tax)} - naV Ho$bm OmB©b Am{U Oa H$moUËmhr ìº$s/g§ñWobm (Owner's Share) 2,030.73 1,018.29 1,516.96 3,049.02 2,185.06 1,871.78 932.80 1,340.77 2,804.58 2,078.58 2,974.69 2,802.18 gXaw{ZQ>~m~V H$moUVmhr Amjon/Xmdm Agob, Va
Ëm§Zr hr gyMZm àH$m{eV PmëmnmgyZ 15 {Xdgm§Àm 6 Equity Share Capital (Equity Share of Rs. 10/- Each) 1,300.43 1,300.43 1,300.43 1,300.43 1,300.43 1,300.43 1,300.43 1,300.43 1,300.43 1,300.43 1,300.43 1,300.43 AmV boIr ñdê$nmV Imbrb ñdmjarH$ËmªZm VmËH$mi 7 Reserves (excluding Revaluation Reserve) as
H$idmdo. Oa Agm H$moUVmhr Xmdm Agob Va Vmo _m\$ shown in the Audited Balance Sheet of the
Ho$bm OmB©b Am{U/qH$dm gmoSy>Z {Xbm OmB©b Am{U previous year 27,657.49 27,657.49 27,657.49 27,657.49 27,657.49 26,150.64 26,150.64 26,150.64 26,150.64 26,150.64 27,657.49 26,150.64
{dH«$sH$[aVmMm _yi H$amaZm_m emoYÊmmo½ZgëmMo 8 Earnings per Share (of Rs. 10/- each)
Kmo{fV Ho$bo OmB©b. (for continuing & discontinued operations)
{XZm§H$: 15.11.2025 (of Rs.10/-each) (not annualised) :
dH$sb {Zfm à^w a) Basic 15.39 7.71 14.51 23.10 20.10 14.14 7.05 13.15 21.19 19.27 26.16 24.80
A°Š_o H$ÝgëQ>Ýgr g{d©gog b) Diluted 15.39 7.71 14.51 23.10 20.10 14.14 7.05 13.15 21.19 19.27 26.16 24.80
E-23/91, g_W© gXZ, {gÕmW© ZJa,
Pdoar J°g g{d©gogÀm nwT>Mr boZ, JmoaoJmd (n.), Notes for the Quarter and Half Year Ended on 30th September, 2025 :- _w§~B©-400104. _mo~m.:9619053978 1 Statement of Assets and Liabilities 2 Statement of Cash Flows Consolidated Standalone Consolidated Standalone Six Months Previous Six Months Previous Six Months Six Months Six Months Six Months Omhra gyMZm PARTICULARS Ended Year Ended Ended Year Ended PARTICULARS Ended Ended Ended Ended mÛmao gyMZm XoÊmVoVo H$s, âb°Q> H«$.E-603, 30-09-2025 31-03-2025 30-09-2025 31-03-2025 30-09-2025 30-09-2024 30-09-2025 30-09-2024
nÙgmJa H$mohm¡gmo{b., ^Å>rnmS>m amoS>, ^m§Sw>n(n{ü_), w§~B©-400078 oWrb ñdJu lr_Vr A Assets Un-Audited Audited Un-Audited Audited A) CASH FLOW FROM OPERATING ACTIVITIES
{Z©bm~oZ pI_Or _moQ>m m§Àmgmo~V g§wº$ _mbH$ Net Profit before tax as per Statement of Agbobo lr. dg§V pI_Or _moQ>mm§Zr âb°Q> H«$.E- Non Current Assets Profit and Loss 4,254.64 3,461.14 3,830.10 3,280.99
603 Am{U ^mJ à_mUnÌ H«$.50, ÁmMo {d{eï> H«$_m§H$ (a) Property , Plant and equipments 10,995.55 10,535.81 9,162.40 8,737.27 111 Vo 115 AmhoV, Ëm§Àm Zmdo hñVm§VaU H$aÊmgmR>r (b) Right of Use Asset 426.02 442.47 397.96 413.72 Adjusted for :
gmogmQ>rH$So> AO© Ho$bm hmoVm. (c) Capital work - in - progress 2,119.06 10.94 2,119.06 10.94 Depreciation and Amortisation Expense 504.24 421.85 452.85 374.95 ñdJu lr_Vr h§gm N>moQ>mbmb JS>m m§Zr Ho$boëm (d) Intangible assets 10.79 960.06 10.79 960.06 Loss /(Profit) on Sale of Assets (net) (2.88) - (2.88) -
VH«$mardê$Z gmogmQ>rZomnydu gXa àgmaU amoIbohmoVo. ËmZ§Va, Ëm§Àm {ZYZmZ§Va Ëm§Mo H$mXoera Financial Assets Capital Gain / (Loss) on Sale of Mutual Fund (121.07) (50.73) (121.07) (50.31) dmagXma AWm©V: (i) Non-Current Investments 6,736.82 6,480.61 2,875.89 2,875.89 Effect of Exchange Rate change (132.18) (14.80) - - 1. lr_Vr H$mo_b {OVoZ gm{bm (D$\©$ H$mo_b 20,288.24 18,429.90 14,566.09 12,997.89 Interest Income (8.52) (27.70) (144.34) (190.38)
N>moQ>mbmb JS>m), 2. lr_Vr {Z{_fm ^aV JmoJar Current Assets
(D$\©$ {Z{_fm N>moQ>mbmb JS>m) d 3. lr {OVoe (a) Inventories 14,484.83 13,283.50 12,678.92 12,237.76 Remeasurements of Defined Benefit Plans 54.17 (540.59) 54.17 (540.59)
N>moQ>mbmb JS>m, lr. N>moQ>mbmb JS>m m§Mm _wbJm (b) Financial Assets Finance Costs 1,238.08 1,090.38 1,195.03 1,047.04 m§Zr {XZm§H$ 26 _mM©, 2025 amoOr EH$ _wº$Vm H$amaZm_m (i) Current Investments 3,823.88 216.98 3,823.88 216.98 Operating Profit before Working Capital Changes 5,786.47 4,339.55 5,263.86 3,921.70
H$mT>bm Amho, Ám_Üo darb ^mJ à_mUnÌ H«$.50
Am{U âb°Q> H«$.E-603 _Yrb Ëm§Mo gd© h¸$, _mbH$s (ii) Trade Receivables 13,979.69 11,771.45 13,220.41 11,331.34 Adjusted for : h¸$ Am{U {hVg§~§Y, Oa AgVrb Va, Vo gmoSy>Z {Xbo (iii) Cash and cash equivalents 1,679.23 2,857.62 1,529.40 2,842.58 (Increase) / Decrease in Trade Receivables (2,208.24) (2,227.37) (1,889.07) (2,915.54) AmhoV. (iv) Bank Balance other than cash and (Increase) / Decrease in Inventories (1,201.32) (1,140.29) (441.15) (403.90) AmVm darb âb°Q> Am{U eoAg©er g§~§{YV lr. cash equivalents 481.70 435.77 480.70 434.77 dg§V pI_Or _moQ>mm§Zr gd© Q´>mÝg{_eZ Am¡nMm[aH$Vm (v) Current Loans 111.06 8.12 4,165.72 4,447.13 Increase / (Decrease) in Trade Payables 705.69 1,934.21 60.66 1,440.76
nyU© Ho$ëmZ§Va nÙgmJa H$mohm¡gmo{b. Àm AmJ«hmdê$Z (vi) Other current financial assets 2.59 12.59 6,210.78 5,694.49 Increase / (Decrease) in Provisions & Other
hr Omhra gyMZm {dVarV H$aÊmVoV Amho. (c) Other current assets 10,986.41 11,125.96 4,402.66 4,559.16 Current Liabilities 1,971.69 5,135.73 1,893.78 5,052.24
ËmZwgma, darb ^mJ à_mUnÌ H«$.50 Am{U âb°Q> (d) Current Tax Asset (Net) - - - - Cash Generated from Operations 5,054.29 8,041.83 4,888.07 7,095.26 H«$.E-603, nÙgmJa H$mohm¡gmo{b., H$mXoera[aËm lr. dg§V pI_Or _moQ>mm§Mo AmhoV, Oo gXa eoAg© 45,549.38 39,711.97 46,512.46 41,764.20 Income Taxes (paid) / received (Net) (1,081.92) (809.00) (1,064.50) (809.00)
Am{U OmJoMo h¸$Xma Am{U hmV YmaH$ AmhoV. Total Assets 65,837.62 58,141.87 61,078.56 54,762.09 Net Cash Flow from Operating Activities (A) 3,972.37 7,232.83 3,823.57 6,286.26 darb ^mJ à_mUnÌ H«$.50 Am{U âb°Q> H«$.E- B EQUITY AND LIABILITIES B) CASH FLOW FROM INVESTING ACTIVITIES : 603, nÙgmJa H$mohm¡gmo{b.m§Àm g§X^m©V H$moUVmhr Equity Xmdm, h¸$ qH$dm {hVg§~§Y Agboëm gd© qH$dm (a) Equity share capital 1,300.43 1,300.43 1,300.43 1,300.43 Investment in Share Capital of Subsidiary - (0.15) - (0.15)
H$moUËmhr ìº$s¨Zm m gyMZm àH$m{eV PmëmnmgyZ (b) Other equity 30,662.60 27,657.49 28,799.12 26,150.64 (Increase) / Decrease in value of Fixed
15 (n§Yam) {Xdgm§Àm AmV Ëm§Mo Amjon XñVmdoOr
31,963.03 28,957.93 30,099.55 27,451.07 Assets / Capital Work in Progress (2,113.68) (1,132.28) (2,028.37) (1,018.90)
nwamìm§gh boIr ñdê$nmV ñdmjarH$Ëm©H$So> gmXa
H$aÊmMo AmdmhZ Ho$bo OmVo. Minority Interest 382.18 385.86 - - Proceeds from Sale of Fixed Assets 10.19 - 10.19 - Non- current liabilities Oa Ago gmXarH$aU H$aÊmV Aeñdr Pmbo Va, Capital Gain / (Loss) on Sale of Mutual Fund 121.07 50.73 121.07 50.31 gmogmQ>r lr. dg§V pI_Or _moQ>m m§Àm Zmdo gXa (a) Financial Liabilities
Investment in Mutual Funds (3,606.90) (550.31) (3,606.90) (550.31)
eoAg© Am{U _mb_Îmm hñVm§V[aV H$aob Am{U ËmZ§Va Borrowings 4,811.59 3,246.72 4,250.55 2,785.84 H$moUVohr Amjon {dMmamV KoVbo OmUma ZmhrV. Lease Liabilities 301.14 222.65 280.19 200.00 Movement in Short Term Loans and Àm dVrZo d H$[aVm (b) Non Current Provisions 850.55 821.87 836.29 808.16 Advances & Other Assets 0.68 209.07 (124.31) 1,096.75
lr. dg§V pI_Or _moQ>m
(c) Deferred tax Liabilities (net) 1,189.36 995.96 810.92 795.73 Interest Income 8.52 27.70 144.34 190.38
ghr/-
d{H$bm§_m\©$V 7,152.65 5,287.20 6,177.97 4,589.74 Net Cash Flow from /(used in) Investing
Current Liabilities
dH$sb Ama.Eg. VoamUr Activities (B) (5,580.12) (1,395.25) (5,483.98) (231.93)
806, _hmdra, w{Zìhg© {\${ZŠg H$mohm¡gmo{b., (a) Financial Liabilities C) CASH FLOW FROM FINANCING ACTIVITIES: Eb.~r.Eg. _mJ©, ^m§Sw>n (n), _w§~B©-400078 (i) Borrowings 1,449.03 1,178.50 981.17 737.26 {R>H$mU: _w§~B© {XZm§H$: 15.11.2025 (ii) (a) Trade payables - Total outstanding Dividend Paid (156.09) (129.93) (156.09) (129.93) dues of Micro & Small Enterprises 2,536.42 1,401.43 2,029.36 1,165.82 Non Current Borrowings ( Net ) 1,564.87 627.10 1,464.71 526.69 gmd©O{ZH$ gyMZm (b) Trade Payables - Total outstanding dues of Current Borrowings ( Net ) 270.53 (4,221.15) 243.90 (4,216.04) gd©gm_mÝm§Zm H$i{dÊmVoVo H$s, _mPo Creditors other than Micro & Small Enterprises 3,514.62 3,943.92 2,987.15 3,790.03 Finance Costs (1,238.08) (1,090.38) (1,195.03) (1,047.04)
Aerb _o. H$m°ZH$m°S©> {S>PmBÝg àm.{b. ho àW_oe (iii) Lease Liabilities 124.12 214.48 117.96 208.41 Increase / (Decrease) in Lease Liabilities (11.86) (43.15) (10.26) (43.25)
H$mo-Am°nao{Q>ìh hm¡qgJ gmogmQ>r {b., ßbm°Q> (iv) Other financial liabilities 13.75 32.93 9.46 27.37 Net Cash (used in)/from financing activities (C) 429.37 (4,857.51) 347.23 (4,909.56) H«$.132, ImaoKmQ> amoS>, qhXþ H$m°bZr, XmXa(nwd©), _w§~B©-400014m OmJoMo H$mXoera(nwd©), _w§~B©-400014m OmJoMo H$mXoera (c) Current provisions (b) Other current liabilities 17,795.02 203.83 16,398.79 193.17 17,934.43 203.83 16,515.28 193.17 Net Increase in Cash and Cash Equivalents gXñ AmhoV. gmogmQ>rZo 16 E{àb, 2013 (d) Current Tax Liability (Net) 702.97 147.66 537.67 83.93 (A+B+C) (1,178.39) 980.07 (1,313.17) 1,144.77 amoOr H$mm©b/Jmim H«$.101 d 102 H$[aVm 26,339.76 23,510.88 24,801.04 22,721.29 Opening Balance of Cash and Cash Equivalents 2,857.62 242.91 2,842.58 72.23 AZwH«$_m§H$ 01 Vo 20 Am{U 21 Vo 40 Total Equity and Liabilities 65,837.62 58,141.87 61,078.56 54,762.09 Closing Balance of Cash and Cash Equivalents 1,679.23 1,222.98 1,529.40 1,217.00 (XmoÝhrgh) YmaH$ é.50/- àËoH$sMo EH${ÌV
20 (drg) nwU©nUo ^aUm Ho$bobo eoAg©Mo ^mJ 3 The above is an extract of the detailed format of Audited Quarterly Financial Results filed with the Stock Exchanges under regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The full
format of the Quarterly Financial Results are available on the Stock Exchange websites, www.bseindia.com and www.nseindia.com and the Company's website, www.ariesagro.com
à_mUnÌ H«$.01 {dVarV Ho$bo hmoVo. gXa ^mJ
4 The results have been prepared in accordance with the Indian Accounting Standards (Ind AS) notified under the Companies (Ind AS) Rules, 2015 and subsequent amendments
----- End of picture text -----

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5 As the Company's business activity falls within a single primary business segment, the disclosure requirements of Accounting Standard (Ind AS-108) " Operating Segments ", are not applicable. 6 Since the Company's business relates to Micronutrient Fertilizers, Plant Nutrient Solutions etc. the same is impacted by cropping pattern, seasonality and erratic weather conditions across the Globe in general and India in particular.Accordingly, quarterly figures are not representative of the full year's performance.
7 The above Financial Results were reviewed and recommended by the Audit Committee and there upon approved by the Board of Directors at their respective meetings held on 13th November, 2025. 8 The Statutory Auditors have carried out a Limited Review of the Results for the Quarter and Half Year ended 30th September, 2025. 9 The Un-Audited Standalone / Consolidated financial results are for the Quarter and Half Year ended 30th September, 2025. 10 The Consolidated Un-Audited Financial Results have been prepared in accordance with Ind AS 110" Consolidated Financial Statements". 11 It is hereby confirmed that as on 30th September, 2025 the Company has three(3) Subsidiaries, of which 2(two) are Wholly Owned Subsidiaries namely; 1) Mirabelle Agro Manufacturing Private Limited and 2) Aries Agro Equipments Private Limited. and 1(one) is a Subsidiary, Golden Harvest Middle East, FZC. The Company also has an Associate Company, namely, Amarak Chemicals, FZC, by virtue of being an Associate of Golden Harvest Middle East FZC. The Consolidated Financial Results reflect the results of these 3(three) Subsidiaries and 1(one) Associate (to the extent applicable).
12 Previous Period's / Year's figures have been re-grouped / re-arranged wherever necessary to correspond with the Current Period's figures.

13 The above results will be made available at the Company's Website at www.ariesagro.com on or after 14th November, 2025.

For Aries Agro Limited

ghr/XÎmmÌOr. T>mo~io, dH$sb, Cƒ Ýmmb

Dr. Rahul Mirchandani Chairman & Managing Director DIN : 00239057

Place: Mumbai Date: 13th November, 2025

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