GRAPHITE INDIA LTD.

Graphite India Ltd has received an Environmental, Social, and Governance (ESG) score of 66, categorized as "Performer", from Niche Ninety Nine Capability and Certifications (OPC) Private Limited (Niche99). The company was informed of this rating by BSE on September 17, 2026. Graphite India clarified that it did not engage Niche99 for this rating, and the report was independently prepared by Niche99 using publicly available information. This disclosure is made in compliance with SEBI (LODR) Regulations, 2015.

Graphite India Ltd has been assigned ESG ratings by CRISIL ESG Ratings & Analytics Limited. The company received a 'Crisil ESG 60' rating and a 'Crisil Core ESG 66' rating. Notably, Graphite India did not engage CRISIL for this rating; it was independently prepared using publicly available information. This disclosure is in compliance with SEBI Listing Regulations.

Graphite India Ltd announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The results were approved by the Board of Directors on August 4, 2026. A Limited Review Report from the Statutory Auditors was also submitted. The filing includes segment reporting for Graphite and Carbon Steel, and Others, detailing revenue, results, assets, and liabilities for the quarter and comparative periods. The company adheres to Indian Accounting Standards (Ind AS) and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Graphite India's consolidated (primary) profit for the quarter came in at ₹171 Cr on revenue of ₹842 Cr — up 28.6% and 26.3% YoY respectively against the year-ago quarter's ₹133 Cr PAT on ₹665 Cr revenue. Standalone told a softer story: revenue grew 19.0% YoY to ₹765 Cr but PAT grew only 8.3% YoY to ₹157 Cr, a >20-point growth gap versus the consolidated print. The auditors' review note quantifies part of the gap: the reviewed subsidiaries alone contributed ₹77.98 Cr of revenue and ₹12.96 Cr of net profit this quarter, and the domestic NBFC subsidiary's investment gains flow through consolidated other income/revenue lines that standalone doesn't capture — so the two bases are not telling contradictory stories, just diverging in degree, and both should be read together. The Steel segment was the single largest swing factor: consolidated Steel segment revenue nearly doubled YoY to ₹111 Cr (from ₹51 Cr) and segment result jumped to ₹43 Cr from ₹5 Cr. The core Graphite & Carbon segment also grew, revenue up 15.5% YoY to ₹687 Cr with segment result rising to ₹56 Cr from ₹21 Cr. Net profit margin looks roughly flat YoY (20.3% vs 20.0%), but that flatness masks a real quality improvement: other income actually fell YoY (₹97 Cr vs ₹150 Cr, most of it recurring FVTPL gains on investments), yet core pre-tax profitability (PBT excluding other income) rose to ~₹117 Cr from ~₹17 Cr a year ago — margin expansion is coming from operations, not investment gains. Sequentially, the swing from Q4 FY26's ₹105 Cr consolidated loss to this quarter's ₹171 Cr profit looks dramatic but is largely a base-effect reversal: Q4's loss was driven by a one-off ₹212 Cr mark-to-market loss on investments booked in Other Expenses, not a deterioration in the underlying business, so the YoY comparison is the meaningful one here, consistent with the seasonally-light QoQ revenue growth of just 3.2%. No prior management guidance or concall outlook is on record for this quarter, and a web search turned up no analyst consensus/preview for this specific print, so both vs-guidance and vs-street stand as unknown rather than assumed; no separate management press release accompanied this filing beyond the standard regulatory notes. Two developments from the quarter carry forward: on 8th July 2026, wholly-owned subsidiary Graphite International B.V. approved closing the Graphite Specialities and Coating businesses in Germany, citing the prolonged Russia-Ukraine conflict and weak demand — a structural footprint reduction whose costs are not yet in this quarter's numbers — and on 28th July 2026 the company flagged a preliminary countervailing duty on its electrode exports, an emerging export-market risk. Going into Q2 FY27, the print sets up three things to track: whether the Steel segment's near-doubling YoY revenue was quarter-specific or durable, how the German unit wind-down affects group costs and the consolidated base, and where the CVD investigation lands on a final rate.

Graphite India Ltd has received communication from the U.S. Department of Commerce (Commerce) regarding preliminary affirmative determinations in countervailing duty (CVD) investigations on large diameter graphite electrodes from India. Commerce has preliminarily imposed a CVD of 3.68% on the company's exports. The exact financial impact is currently un-ascertainable. This development stems from investigations initiated by the U.S. Department of Commerce.

Graphite India Ltd has announced that its Board of Directors will convene on August 4, 2026. The primary agenda for this meeting is to consider and approve the unaudited financial results for both standalone and consolidated operations for the quarter ended June 30, 2026. Additionally, the company has informed about the closure and re-opening of its trading window, which was closed on July 1, 2026, and will resume on August 7, 2026.

Graphite India Ltd has provided a clarification to the BSE regarding a delay in disclosing an order received from the GST Department. The company explained that the email was missed due to oversight and the disclosure was filed immediately upon realization. The disclosure pertains to an order under Section 73 of the CGST/WBGST Act, 2017, where the appeal was partially allowed, modifying the order. The company has been served with a tax demand of ₹35,98,869, interest of ₹35,52,232, and penalty of ₹3,59,886 related to excess availment of Input Tax Credit (ITC). Graphite India states there is no material financial impact, asserting it has availed only eligible ITC, and is reviewing the order to prefer an appeal.

Graphite India Ltd has received an order from the Additional Commissioner (Appeals), State Tax, LTU, concerning an order under Section 73 of the CGST/WBGST Act, 2017. The appeal was partially allowed, modifying the original order. The company has been assessed a demand for Tax, Interest, and Penalty totaling ₹75,11,087. Specifically, Tax is ₹35,98,869, Interest is ₹35,52,232, and Penalty is ₹3,59,886. Graphite India believes it has availed only eligible Input Tax Credit (ITC) and does not foresee a material financial impact. The company is reviewing the order and intends to file an appeal.

Graphite India Ltd has announced the discontinuation and closure of its Graphite Specialities and Coating divisions in Germany. The decision stems from the lasting impact of the Russia-Ukraine war and weak demand, which have adversely affected the competitiveness of these divisions. The closure is estimated to take approximately six months, pending discussions with the local Works Council. The affected divisions contributed INR 1,05,29,07,925 (4%) to the turnover in FY 25-26. The net worth of these divisions as of March 31, 2026, was negative INR (3,22,52,74,216), representing -6% of the overall consolidated net worth of INR 5859 crores.

Graphite India Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, as mandated by SEBI (LODR) Regulations, 2015. The report, which forms an integral part of the Annual Report, details the company's operations, employee data, and market reach. Key disclosures include its standalone reporting boundary, assurance from TUV India Private Limited with reasonable assurance, and a breakdown of its business activities contributing to 95.80% of turnover, primarily manufacturing and selling Graphite Electrodes & Miscellaneous Graphite products (72.09%). The company serves 22 national and 27 international markets, with exports accounting for 41.41% of total turnover. The report also provides detailed employee statistics, including a workforce of 878 employees and 2512 workers, with specific data on differently-abled individuals and female representation on the Board (12.5%) and in Key Management Personnel (0%).