Batliboi Ltd — Interim / Quarterly Report 2025

Aug 8, 2025

Batliboi Ltd.

Legal & Secreianai Depanment Regd. & Corporate Office: Bharat House, 5th Floor, 104, Bombay Samachar Marg, Fori. Mumbai • 400 001, India

Phone : +91 (22) 6637 8200 Fax :+9l (22)2267 5601 E-mail : legal@bailiboi,com Web ' WWW,batliboi,com CIN . L52320MH1941PLC003494

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BATLIBOI
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8“* August, 2025

Scrip Code 522004

Dear Sir / Madam,

Subject: Outcome of Board Meeting No. 3/2025-26 under[Regulation 30 and RegulsatiM] 33 of SEBl tLODR) Regulations, 2015

Pursuant to Regulation 30 and Regulation 33 of SEB![(LODR) Regulations, 2015 we wish to] inform you that the Board of Directors at its meeting[held today i.e. 8'^ August, 2025 have] inter-alia considered and approved the following matters.

1. The Un*audited Standalone & Consolidated Financial[Results of the Company for the] Quarter ended June 30, 2025.

2. Limited Review Report on the said Results issued[by the Statutory Auditors for the] Quarter ended June 30, 2025.

The Results has also been sent for publication in English[Newspaper and one Local Language] Newspaper.

The Meeting commenced at 11:30 A.M and concluded at M5 P.M.

Kindly take the same on your record.

Thanking you

Yours faithfully, For Batliboi Limited \BO/ T. o 03 Pooja Sawant Company Secretary ACS - 35790

Place: Mumbai

Enel: As above

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MUKUND
M. CHITALE
&CO.
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2nd Floor, Kapur House, Paranjape B Scheme Road No.1, Vile Parle (E), Mumbai 400057

T: 91 22 2663 3500 WWW.mmchitale.com

CHARTERED ACCOUNTANTS

Independent Auditor’s Review Report on the Quarterly Unaudited Standalone Financial Results of the Bathboi Limited pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure requirements) regulations 2015, as amended

The Board of Directors

Batiiboi Limited

1. We have reviewed the accompanying statement of Unaudited Standalone Financial Results of Batiiboi Limited (the 'Company') for the quarter ended 30*^ June 2025 (the “Statement”) attached

herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the

SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the

“Listing Regulations”).

1. This Statement, which is the responsibility of the Company’s Board of Directors and approved by them, is prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 “Interim Financial Reporting’ ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, as amended (the "Act) read with relevant rules issued thereunder and other accounting principles generally accepted in India and in rampliance with the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review.

2. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the statements are free of material misstatement. A review of interim financial information consists of making inquiries, primarily of the Company’s personnel responsible for financial and accounting matters and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under Section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

3. Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention

that causes us to believe that the accompanying Statement prepared in accordance with recognition

and measur^nent principles laid down in the aforesaid Indian Accounting Standard (‘Ind AS’)

MUKUND

M. CHITALE &CO.

CHARTERED ACCOUNTANTS

specffied under Section 133 of the Act, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the infonnation required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement.

5. Other Matters

• a) We did not review the financial results in respect of one branch/division, included in the unaudited standalone financial results, whose interim financial results reflect total revenue of Rs. 1,867.07 Lakhs, total net profit after tax of Rs. 8,95 lakhs and total comprehensive income of Rs.

• 8.95 Lakhs for the quarter ended 30* June 2025. These interim financial results and other financial information have been reviewed by an independent finn of chartered accountants appointed by the Board of Directors of the Company, whose reports have been furnished to us

• by the management and our conclusions, so far as it relates to the affairs of the branch/division are based solely on the report of branch/division auditor,

• b) The financial information of the Company for the quarter ended 30* June 2024, has been reinstated to comply with Ind AS 103 Appendix C for Business Combinations of entities under common control referred to in note 3 included in this statement.

Our opinion is not modified in respect of these matters.

For Mukund M. Chitale & Co Chartered Accountants Finn Reg. No. 106655W

(Nisha Yadav) Partner

M. No.135775 UDIN: 25135775BMOFPP5830 Place: Mumbai Date: 8* August 2025

f

BATUBOI LTD.

Regd. Office: Bharat House, 5tii Floor, 104 Bombay Samachar Marg, Fort, MumbaMOOOOl CIN: LJ2320MH1941PLC003494

UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED 30*** JUNE, 2025

				(Rs. in Lakhs)
Particulars		Quarter Ended		Year Ended
	30.06.2025	31.03.2025	30.06.2024	31.03.2025
	(Reviewed)	(Reviewed)	(Reviewed)	(Audited)
1. INCOME
(a) Revenue from Operations	5,485.51	9,367.12	6,219.08	29,056.01
(b) Other Income	201.34	166.24	175.81	836.92
TOTAL INCOME	5,686.85	9,533.36	6,394.89	29,892.93
2. EXPENSES
(a) Cost of Materials Consumed	1,282.24	1,685.26	1,304.70	6,114.33
(b) Purchase of Stock in Trade	2,426.94	5,035.70	2,531.97	13,703.27
(c) Ganges in inventories of finished goods, work inprogress and stock	(120.69)	(113.70)	269.33	(30.33)
in trade
(d) Employees benefits expenses	1,085.26	989.88	908.86	3,853.07
(e) Finance Costs	133.84	98.75	149.49	507.90
(f) Depreciation and Amortisation expenses	120.92	120.48	91.31	406.40
(g) Other expenses	1,047.40	1,369.59	1,070.76	4,657.83
TOTAL EXPENSES	5,975.91	9,185.96	6,326.42	29,212.47
3. PROFIT/(LOS5) BEFORE EXCEPTIONAL ITEMS AND TAX	(289.06)	347.40	68.47	680.46
4. Exceptional Items - (Expense)/income
5. PROFIT/(LOSS) BEFORE TAX	(289.06)	347.40	68.47	680.46
6. Tax Expenses
(a) Current Tax	(0.66)	(322.68)		(331.16)
(b) Earlier Year Tax		30,75		30.75
(c) Deferred Tax Credit / (Charge)	1.20	296.95	(17.20)	195,19
7. NET PROFIT/(LOS5) FOR THE PERIOD	(288.52)	352.42	51.27	575.24
8. Other Comprehensive Income
(i) Items that will not be reclassified to profit orloss
Actuarial gain/(Loss) on employee defined ber^efits	1.25	(36.93)	14.14	(92.72)
(il) Income tax relating to items that will not beredassifred to profit
or loss
Deferred Tax impact on above	(0.31)	9.30	(3.93)	23.34
9. Total Comprehensive Income	(287.58)	324.79	61.48	505.86
10. Paid-up Equity Share Capital	2,349.59	2,349.59	2,349.59	2,349.59
(Face Value Rs.5/- per share)
11. Basic EPS for the Period / year (Rs. Per Share)	(0.61)	0.75	0.11	1.23
12. Diluted EPS for the Period / year (Rs. Per Share)	(0.60)	0.75	0.11	1.22

t-

Notes to Standalone Financial Results:

• 1) The above unaudited standalone financial results have been prepared (n accordance w^th the Indian Accounting Standaitls (Ind AS) noeited under the Companies (Indian Accounting Standards) Rule 2015 as amended from Ome to Ome. The above unaudited standatone financial results were reviewed by Audit Committee and approved by Board of Directors at their meeting held on S'" August 2025 and have been subject to limited review by the statutory auditors of the Company.

• 2) The Company operates In one segment as Tndusbial Equipmenf, since there Is no other r^rtable segment as drfined under Ind AS 108 ’Operabng Segments", no separate disclosure has been given.

• 3) During Oie previous year, the Scheme of Amalgamation and Arrangement under Section 230-232 and other applicable provisions of the Oimpanles Act 2013, for amalgamation of Batlibol Envirtmmental Engineering Limited ('Amalganattng Compan/) with the Qimpany was sanctioned by the Honhie National Company Law Tribunal ('NCLT), Mumbai Bench vide order dated 24"' March 2025. The Appdnted date of the Scheme was l” April 2023 and in terms of the Scheme all the assets, liabilities, reserves and surplus of the AnwIgamaUng Company has beer: transferred to and vested in the Company. Consequent to the Scheme coming into effect. In accordance with the share exchange ratio as specified In the Scheme, the Company had to allot 1,26,81,963 equity shares of Rs. S/- each and 2,70,000 8% Redeemable Non-CumulaBve preference shares of Rs. 100/- each to the equity and preference shareholders of the Amalgamating Ccxnpany. The equity shares have been allotted on 24"' June 2025 and the allobnent of preference shares Is in process.

The amatgamaOon had been accounted under the 'pooling of interesf method In accordance vrtth Appendix C of Ind AS 103 ’ Business Comblnafions'. Accordingly, comparative finandal results for the quarter ended 30"“ June 2024 have been reinstated to give effect of the Amalgamabon.

• 4) During the quarter, new subsidiary of the Company namely Bloconseve Renewables Bivirotech Private Limited have been incorporated on 8 tl Afxll 2025 and it holds 51% of the equity share capital and exercises control over the said subsidiary.

• 5) The Company had decided to sell a part of Land and Building art of the total factory land and building located at Surat which Is disclosed as Non Currmt Asset held for sale. The Company conbnues to loc* for a buyer.

• 6) Fdlowing are the details of Standalone gross sales values of business handled Including the values pertaining to agency business handled for which the Company earns commission :

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Rs. In Lakhs
STANDALONE
Particulars Quarter ended Year ended
30.06.2025 31.03.2025 30.06.2024 31.03.2025
(Un-Audited) (Un-Audited) (Un-Audited) (Un-Audited)
Gross value of Busing Handled (Including agency business) 12,422.94 22,149.23 14,093.95 66,247.21
7) The figures for the previous periods/year have been redassified/regrouped where ever necessary.redassified/regrouped where ever necessary.
For and on behalf of Board of Directors
Batlibol Ltd.
SdnJtvJoshi
Managing Director
DIN : OB938810
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• 7) The figures for the previous periods/year have been redassified/regrouped where ever necessary.redassified/regrouped where ever necessary.

Place: Mumbai Date: 8”'August 2025

MUKUND M. CHITALE &CO.

2nd Floor, Kapur flouse, Paranjape B Scheme Road No.tVile Parle (E), Mumbai 400057 T: 91 22 2663 3500 www.mmchi1ale.com

CHARTERED ACCOUNTANTS

Independent Auditor’s Review Report on the Quarterly Unaudited Consolidated Financial Results of the Company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure requirements) regulations 2015, as amended

The Board of Directors

Batliboi Limited

1. We have reviewed the accompanying statement of Unaudited Consolidated Financial Results of Batliboi Limited (the ’Parent’) and its subsidiaries, (the Parent and its subsidiaries together referred to as the "Group”), for the quarter ended 30*^ June, 2025 (the ‘Statement’) attached herewith, being submitted by the Parent pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing Regulations").

2. This Statement, which is the responsibility of the Parent’s Board of Directors and have been approved by them, is prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 “Interim Financial Reporting" (“Ind AS 34”). prescribed under Section 133 of the Companies Act. 2013, as amended (the “Act”) read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review.

3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 “Review of Interim Financial Information Perfomied by the Independent Auditor of the Entity”, issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of the Parent’s personnel responsible for financial and accounting matters and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in aca>rdance with Standards on Auditing specified under Section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

MUKUND M. CHITALE &CO.

CHARTERED ACCOUNTANTS

We have also performed procedures in accordance with the Circular No. CIR/CFD/CMD1/44/2019 dated 29"' March 2019, issued by the Securities and the Exchange Board of India under Regulation 33 (8) of the Regulations, to the extent applicable.

4. The Statement includes the results of the entities as mentioned in the Annexure ‘A’ to this report

1. Based on our rewew conducted and procedures performed as stated in paragraph 3 above and based on foe consideration of foe review reports of the other auditor referred to in paragraph 6 below, nothing has come to our attention that causes us to believe that the accompanying Stat»nent, prepared in accordance with the recognition and measurement principles laid down in foe aforesaid Indian Accounting Standard specified under Section 133 of the Act. read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including foe manner in which it is to be disclosed, or that it contains any material misstatement.

6. Other Matters

• a. We did not review the financial results in respect of one branch/division of the Parent Company, included in the unaudited consolidated financial results, whose interim financial results reflect total revenue of Rs. 1,867.07 Lakhs, total net profit after tax of Rs. 8.95 lakhs and total comprehensive income of Rs. 8,95 Lakhs for the quarter[ended 30“’ June 2025. These interim] financial results and other financial information have been reviewed by an independent firm of chartered accountants appointed by the Board of Directors of the Parent Company, whose reports have been furnished to us by the management and our conclusions, so far as it relates to foe affairs of foe branch/division are based solely on the report of branch/division auditor,

• b. We did not review the interim financial results and other financial information in respect of two subsidiaries included in the unaudited consolidated financial results, whose interim financial results excluding consolidation eliminations reflect total revenue of Rs. 1,476.49 Lakhs, total net loss after tax of Rs. (71.34) lakhs and total comprehensive income of Rs. (71.34) Lakhs for the quarter ended 30"' June 2025. These interim financial results and other financial information have been reviewed by the other auditor, whose reports have been furnished to us by the

/

MUKUND M. CHITALE &CO.

CHARTERED ACCOUNTANTS

management and our conclusions, in so far as it relates to the affairs of the subsidiaries, which is based solely on the report of other auditors and procedures perfoimed by us as stated in paragraph 3 above,

c. The unaudited consolidated financial results include unaudited interim financial results and other financial information in respect of one subsidiary, which.has not been revised by their auditor, whose interim financial results excluding consolidation eliminations reflect total revenue of Rs. 24.23 Lakhs, total net profit after tax of Rs. 1.77 Lakhs and total comprehensive income of Rs. 1.77 Lakhs for the quarter ended 30“' June 2025. These unaudited financial results and other unaudited financial information have been approved and furnished to us by the management. Our conclusion, in so far as it relates to the affairs of the subsidiary, is based soleiy on such unaudited financial results and other financial information,

• d. The consolidated financial information of the Company for the quarter ended 30* June 2024 has been reinstated to comply with Ind AS 103 Appendix C for Business Combinations of entities under common control referred to in note 3 included in this statement.

Our conclusion on the Statement is not modified in respect of these matters.

For Mukund M. Chrtale & Co,

Chartered Accountants Firm Reg. No. 106655W

(Nisha Yadav)

Partner

M. No. 135775 UDIN; 25135775BMOFPQ3671 Place; Mumbai Date: 8* August 2025

MUKUND

M. CHITALE &CO.

CHARTERED

ACCOUNTANTS

Annexure ‘A’

(Referred to in para 4 of our Independent Auditors Review Report on unaudited quarteiiy and year to date Consolidated Financial Resulte of the Batliboi Limited pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended)

Sr. No. Name of the Subsidiary

1. Quickmill Inc.

2. 760 Rye Sh’eet Inc.

3. Bioconserve Renewables Envirotech Private Limited (w.e.f, S'" April 2025)

■<

BATUBOI LTD.

Regd. Office: Bharat House, 5th Floor, 104 Bombay Samachar Marg, Fort, Mumbai-400001 CIN: L52320MH1941PLC003494 UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER ENDED 30*^ JUNE, 2025

Rs. in Lakhs

UNAUDITED CONSOLIDATED FINANCIA	L RESULT	S FOR THE QU	ARTERENDED 30*^ JUNE, 2025	ARTERENDED 30*^ JUNE, 2025	Rs. in Lakhs
PARTICULARS			CONSOLIDATED
			Quarter Ended		Year Ended
		30.06.2025	31.03.2025	30.06.2024	31.03.2025
		(Reviewed)	(Reviewed)	(Reviewed)	(Audited)
1. INCOME
(a) Revenue from Ope^tions		6,954.49	11,904.39	9,415.64	41,294.42
(b) Other Income		188,36	143.36	174.67	652.59
TOTAL INCOME		7,142.87	12,047.75	9,590.31	41,947.01
2. EXPENSES
(a) Cost of Materials Cwisumed		2,449.09	3,212.78	2,993.99	12,322.54
(b) Purchase of Stock in Trade		2,492.06	5,035,70	2,531.97	13,703,27
(c) Changes in inventories of fini^ied goods, workin progress and		(817.30)	(280.42)	306.93	214.49
stock in trade
(d) Employees benefits expenses		1,687.45	1,530.78	1,708.63	6,985.84
(e) Finance Costs		148.85	127.11	159.75	578.50
(f) Depreciation & AmorOsadon expenses		148.37	129.97	111.62	497.14
(g) Other expenses		1,307.14	1,673.06	1,365.99	5,827.86
TOTAL EXPENSES		7,415.66	11,428.98	9,178.88	40,129.64
3. PROFIT/(LO$S) BEFORE EXCEPTIONAL ITEMS AND	TAX	(272.79)	618.77	411.43	1,817.37
4. Exceptional Items • (Expense)/Income
S. PR0Frr/(L0S5} BEFORE TAX		(272.79)	618.77	411.43	1,817.37
6. Tax Expenses
(a) Current Tax		(11.63)	(403.33)	(102.63)	(695.96)
(b) Earlier Year Tax			30.75		30.75
(b) Deferred Tax Credit / (Charge)		40.29	298.80	(17.20)	197.03
7. NET PROFIT/(LOSS) FOR THE PERIOD		(244.13)	544.99	291.60	1,349.19
Attributable to:
Owners of the Parent		(258.46)	544.99	291.60	1,349.19
Non • Controlling interest		14.33
8. Other Comprehensive Income
(!) Items that v^ll not be reclassified to profit orloss
Actuarial galn/(Loss) on employee defined benefits		1.25	(36.93)	14.14	(92.72)
(11) Income tax relating to items that will not bereclassified to
profit or loss
Deferred Tax Impact on above		(0.32)	9.30	(3.93)	23.34
(iil) Rems that will be redassrfied to profit or loss
Effects of changes in rates of foreign currency monetaryitems		15.42	6.37	4.32	(3,94)
Other Comprehensive Income		16.35	(21.26)	14.53	(73.32)
Attributable to:
Owners of the Parent		16.35	(21.26)	14.53	(73.32)
Non • Controlling Interest
9. Total Comprehensive Income		(227.78)	523.73	306.13	1,275.87
Attributable to:
Owners of the Parent		(242.11)	523.73	306.13	1,275.87
Non - Controlling interest		14.33
10. Paid-up Equity Share Capital		2,349.59	2,349.59	2,349.59	2,349.59
(Face Value Rs.5/- per share)
11. Basic EPS for the Period / year (Rs. Per ^a 12, Diluted EPS for the Period / year ( Rs. Pe)ri$ A?	hit. e	(0.53) (0.52)	1.16 1.15	0.63 0.62	2.88 2.88^ 'T I CD	,o
					*	*

Notes to Consolidated Hnandai Results:

• 1) Tlie above unaudited consolidated financial results have been prepared in accordance with the Intfian Accounting Standards (Ind AS) notified under the Companies (Indian AccounBng SBndaids) Rules 2015 as amended from time bo time. The above unaudited consolktoted financial results were reviewed by Audit Committee and approved by Board of Directors at their meetfrig held on 6" August 2025 and have been subject to limited review by the statublry audlt(»s of the Holding Company.

• 2} TTie Gioifl) operates in one segment as Tndietrial Equipmend, since diere is no other reportable segment as defined under Ind AS 108 "Operating Segments”, no separate disclosure has been given.

• 3) During the previous year, the Scheme of Amalgamation and Arrangement isider Section 230-232 and other applicable provfetons of the Companies Act 2013, for amalgamation of Badlbol Environmental Engineering Limited ('Am^amating Company’) with the Holding Company was sancBoned by the Hon’ble National Company Law Tribunal (’NCLT), Mumbai Sen* vide order dated 24'’ March 2025. The Appointed da» of the Scheme w» 1“ April 2023 and in terms of the Scheme aU Che assets, liabilities, reserves and surplus of Che Amalgamating Company has been transferred to and vested in the Holding Company. Consequent to the Scheme coming Into effect, in accordance with the share exchange ratio as specified in die Scheme, the Holding Company had to allot 1,26,81,963 equity shares of Rs, 5/- each and 2,70,000 8% Redeemable Non-CumtiaHve preference shares of Rs. 100/- earJi to the equity and preference shareholders of die Amalgamating Company. The equity shares have been aBotted on 24"" June 2025 and the allotment of preference shares is In process.

• The amalgamation had been accounted under the 'pooling of interesf method in accordance with A^iendlx C of Ind AS 103 ' Btslness Combinations'. Accordingly, comparative finance results for the quarter ended 30" June 2024 have been reinstated to give effea of the AmNgamation.

• 4) During the quarter, new subsldlaiy of the Holding Company namely Bioconserve Renewables Envirotech PrivM Limited have been Incorporattd on 8th April 2025 and It holds 51% of the equity share capital and exerdses control over the said subsidiary.

• 5) The Holding Company had decided to sel a part of Land and BuSdlng out ctf the total factory land and bukang located at Surat which £ disdosed as NonCurrent Asset held for sale. The Heading Company continues to look fbr a buyer.

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6) Following are the details of consolidated gross sales values of business handled including the values pertaining Co agency business handled fbr which
Group earns commission :
Rs. Tn Lakhs
Particulars CONSOLIDATED
Quarter Ended Year ended
30.06.2025 31.03.2025 30.06.2024 31.03.2025
(tht-Audited) (Un-Audtted) (Un-Audited) (Un-Audlted)
Gross value of Business Handled (Including agency business) 13,865.35 24,636.70 17,388.75 78,267.65
7) The figifes fer the preirious period^yeais have been redasstfied/iegroteied where ever necessary.
nd on behalf of Board of Hrecbirs
^ Batliboi Ltd.
\BO/
' c
l,V
Josh!
Place: Mumbai Man^ng Director
Date {S'" August, 2025 DIN: 08938810
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