Aegis Logistics : UNAUDITED Q2 FY 2025-26 Standalone

CNK & Associates LLP

C h a r t e redAccountants

Independent Auditor's Review Report on Unaudited Standalone Financial Results of Aegis Logistics Limited for the quarter and half year ended September 30, 2025, pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

To

The Board of Directors Aegis Logistics Limited

We have reviewed the accompanying Statement of Unaudited Standalone Financial Results (the "Statement") of Aegis Logistics Limited ("the Company's for the quarter and half year ended September 30, 2025 being submitted by the Company pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of India (I.isting Obliganons and Disclosure Requirements) Regulations, 2015 ("the Listing Regulations") as amended from time to time.

1. This Statement, which is the responsibility of the Company's Management and approved by the Board of Directors in their meeting held on November 07, 2025, has been 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, read with the relevant rules issued thereunder and other accounting principles generally accepted in India and tn compliance 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 l°erformed by the Independent Auditor. of the Entity", issued by the Insntute of C.bartered Accountants of India. This Standard seqttlzes 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 persons 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 Cth Standards on Auditing 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.

   Mistry Bhavan, 3rd Floor, Dinshaw Vachha Road, Churchgate, Mumbai 400 020. Tel: [phone]

   501 -502, Narain Chambers, M.G. Road, Vile Parle (E), Mumbai 400 057. Tel: +S1 22 6250 7600

   Website:https://www.cnkindia.com

   MUMBAI | CHESNAI | VADODARA } AHMEDABAD | GUT CITY' J BEN GALURU J DELHI J PUMP J DUBAI } ABU DHABI

   
   
   

3. Dased on our review conducted and procedures perfc*rmed, nothing has come to

‹our attention that causes us to bc1iei•e that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligation and Disclosure ltequirements) Regulations, 20a 5, as amended, including the manner in which it is to be disclosed, tti the extent applicable to the Company, or that it contains any material misstatement.

For C N K & Associates LLP

Chartered Accountants

firm Registration Number: 101961W/W-100036

Vijay Mehta

1°artner

Membership N o.: 106533

L'19IN: 2SI 005330MLILH€.5fi97

1°lace: Mumbai

Date: November 07, 2025

A E G I S

AEGIS LOGISTICS LIMITED UNAUDIT ED STANDALONE FINANCIAL RESULTS FOR THEQUARTER AND HALF YEAR ENDED S EPTEMBER 30, 2025 £ In La kh except per share data
Particulars	Quarter ended			Half ear ended		Year ended
	30.09.2025	30.06.20g5	30.09.2024	30.09.2025	30.09.2024	31.03.2025
	Unaud ted	Unaudited	Unaudited	Unaud ted	Unaudlted	Audited
INCOME
1 Revenue from operations		80,661	65,828	186,448	139,041	297,678
Otner income	15,357	3,506	3.541	18,863	18.816	26,077
3 TOTAL INCOME (1+2)	1 I 8.144	87.167	69,369	205,311	157,859	323,755
EXPEN5ES
Puchases of stoc ntade	77, 013	74, 254	62,910	151,267	124,303	242,9•48
Changes in Inventories of stock in trade	c.38‹	(3,272)	{8,469)	8,112	(8,614	(11,711
Employee benents expenses	8W	833	776	1,667	1,676	3.336
Finance costs	340	433	186	773	417	1,489
Depreciation and amortisation expense	554	+59	435	1,013	867	1,827
Other expenses	5,608	5,1 05	3,933	10,713	7,778	18,090
TOTAL EXPENSES	95,733	77,812	59,771	173,545	126,227	2£8,9T9
5 Profit before tax (3-4)	22,411	9,355	9,598	31,766	31,632	67,776
6 Tax expenses	5,740	2,437	2,382	8,177	y,gy5	14,876
Profit for the period/ year (5-6)	16,671	6,918	7,216	23,589	23,757	52,900
Other Comprehen sl ve 1nc ome (net of tax)	{19j	(19)	(16)	(38)	(31 }	(75)
Total Comprehensive Income for the perlodl year (I +B)	16,652	6,B99	y,200	23,551	23, y26	52,825
10 Paid up Equity Share Capital (Face value of TI per share)	3,510	3,54 0	3.$10	3,510	3,510	3,510
11 Other Equity						276.156
Eawnings per equity sh are (Face value of ¥1 each)
(Not annualised, except for the year ended 31 03.202a)
Basic (in T)	4.75	1 97	2.06	a72	6.77	15.07
Diluted (in T)	4.75	1.97	2.06	6.72	6 77	15 07

See acc ompanying notes to the financial results

AEGIS LOGISTICS LIMITED

Corp Off-ice. a2O2 Tower 6 Peninsi JIa 8hismess F'ork.

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A E G I S

AEGIS LOGISTICS LIMITED UNAUDIT E D STANDALO NE S EGME NT INFORMATION FOR THE QUARTE R A ND HALF YEAR ENDED SEPTEMBER 30 2025
	Quaner ended			Half year ended		Year ended
	30.09.2025	30.06.2025	30.09.2024	30.09.2025	30.09.2024	31.03.2025
	UnaudTted	Unaudlted	Unaudited	Unaudlted	Unaudlted	Audited
Seg ment Revenue Liquid Terminal Oivision	3,81 1	4,256	3, 415	8,067	7,258	23,319
Gas Terminal Division	98,9Z6	79, 405	62, 4 43	178,381	13 ,783	274.359
Net Sales / Income from Operations
		83,661	65,828	186,44e	139,041	297,678
Segment Results Liquid Terminal Division	1,874	1,919	1,716	3,793	4,577	18, 4 68
Gas Terminal Division	18,174	5,253	5,315	23,d27	10,723	29.581
Total of segment results
	20,048	7,172	7,031	27.220	15,300	47,749
Less Finance Cost	340	433	186	773	4 17	1.489
Other un-allocable expenditure (net)	641	591	419	1,232	(10,365)	(8,448
Add. Interest Income	3,344	3,207	3,172	6,551	6,384	13, 068
Profit before taz
	22,41 1	9,355	9,598	31,766	31,632	67,776
Segment Assets
Liquid Terminal Division	69, 405	63,970	52, 405	69, 405	52, 405	66, 028
Gas Terminal Di'vision	63,917	115, 222	82,954	63,917	62,954	112,600
Unallocable	251,500		185. 991	25 ,500	185,991	201, 091
Tota	384,822	422,903	321 ,350	384,822	321,3$0	379,719
Seg ment Liabilities
Liquid Terminal Division	10,647	1 4.750	4,568	10,647	4,568	4,175
Gas Terms nal Diytsion	63, 48	84,289	4 1,646	63, 448	41,646	58,859
Unallocable	5,657	10, 690	9,678	5,657	9,678	8,293
Total
	79,452	109,929	$5,892	79,452	SP,892	71,327
Capital employed
Liquid Terminal Division	58,758	49,220	47, 637	58,758	47,837	61,853
Gas Terminal Division	769	30,833	41,308	769	41,308	53,741
UnaTlocable	245,84 3	232,821	176,313	245.843	176,313	192,798
Tota
		312,974	265,458	305,370	26$,459	308,392

A E G l S

AEGIS LOGISTICS LIMITED UNAUDITED STANDALONE CASH FLOW STATEMENT FOR THE HALF YEAR ENDED SEPTEMBER 30 2025 (I in Lakh
	Half year ended Septemher 30, 202S	Half year ended September 30, 2024
	Unaudited	Unaedited
Cash flow from Operating activities
Profif Defore tax	31.766	31,632
Ad]u*lments for
Depreciation and amortisation	1, 013	867
Finance costs	773	417
Interest income		(6,384)
Fair yalue gain on investments in mutual funds
Profit on sale of Investments in subsidiary		(11, 277)
Profit on sale of In'vestments mutual funds	(202)	(206)
Bad debts wntten off		12
Suno‹y Credit Balances wñtien back	(1 0)	(93
Profit on s]ump sales of undertakings	(1 1, 44 1 )
Profit on sale of property. plant and equipment	(5)
Amount recognised in other ccmprehensive income Operating profit before working capital changes	(51)	(v1
	1s,o31	1‹t,937
Ad}ustments for chanqes in working capital:
Decreased (increase) in inventones	8,513	(8,828
Decreased (increase) in trade receivables	16,645	(g@
Decrease in other non-current assets	1,571	142
(Increase) in other current assets	(4. 4 00)	(3,170)
{1ncrease)/ decrease in other current financial assets	(01)	19
Decrease/ (increase) In other non-current financial assets	7	(32)
Increased (decrea se) in trade payables	8, 090	(6,103)
Increase in non-current provisions	$	z|g
Increase/ (decrease) in other non-current liabilities	4,947
increase/ (decrease) in other current liabilities	611	t4 09)
Decrease) in other current financial liabilt ties	(j g9)	(73)
{Decrea set Increase n other non-current financial liabilities Cash generated from7 {used in} operations Income fax paid (net) Net cash generated fromI (used in) operating activities (A)	{24	34
	51, 072 (10.957)	(4,396 (5 614
	40.115	(10, 210) (17,509) (10) 48, 000 19.604 (1 0, 090 (60, 495 6,273
Cash flow from Investing acfivities
Purchase of property. plant and equipment including capital advances	(29,136)
Purchase of intangible assets Proceeds from sale of property, plant and equipment	(104)
Proceeds from sale of investments in subsidiary companies
Proceeds from slump sale of undertakings	60,390
Purchase/ sale of current investments (net)	(15, 498
Purchase of non-current investments Loan given to related parties	(18,345
Repayment of loan given ro related parties
Bank balance not considered as cash and cash equivalents	(16, 094)
Interest received	6, fi38
Net cash (used in)/ generated from inv esting actlvities (B}
	(12.244 1,507 (641 ) (27,973) (884'	43,611 5,924 (660 (13, 413
Cash flow from financinq activities
Movement in current borrowings (net)
Payment of lease liabiltttes
Dividend paid
merest pai0
Net cash (used In) financing activities (C)
	(27,991
Net (decrease)/ increase in cash and cash equiva|ents (A + B + C) Cash and cash equivalents as a( the beginning or lhe period Casfii and cash equivalents as at tbe end of the geriod	('i 20 646	24,725 36.997
	sg$	61,722
Note The above Cash Flow Statement has been prepared under the 'indirect method' as set out In Indian Accounting Standard (Ind AS 7) - Statement of Cash

A E G I S

AEGIS LOGISTICS LIMITED UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUA RTER AND HALF YEAR ENDED S EPTEMBER 30, 2025

NOTES 1 The above Standalone Financial Results have been reviewed by the Audit Committee and approved by the Board of Directors at the meeting held on November 7, 2025 2 These results are prepared in accordance with the recognition and measurement pnnciples laid down in the Indian Accounting Standard 34 'Intenm Financial Reporting' (-Ind AS 34"), prescnbed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting pnnciples generally accepted in India. 3 Other expenditure includes the provision of commission T165 lakh and T330 lakh for tne quarler and half year ended September 30, 2025 to the Managing Director which is dependent upon the net profit determinable u/s 198 of lhe Companies Act, 2013 at the year end 4 During the previous quarter ended June 30. 2025, Aegis Vopak Terminals Limited, a sudsidtary company has completed Initial Pudlic Offer ("IPO") of fresh issue of 119,146,936 equity shares of face value of 710 each at an issue price of t235 per share aggregating to T280,000 lakh. Pursuant to the IPO, the equity shares of Aegis Vopak Terminals Limited were listed on the National Stock Exchange ("NSE") and Bombay Stock Exchange ("BSE") on June 2, 2025. Dunng the quarter ended September 30, 2025, Aegis Logistics Limited ("ALL') and its subsidiary Aegis Vopak *erminals Limited ('AVT L') have entered into the Business Transfer Agreement for transfer of Gas storage undertaking at Pipavav location from ALL to AVTL on a slump sale basis Accordingly, the company has recognised profit of t11,441 lakh In respect of the said business transfer which is included under other income in these results. 6 The Company has declared and paid Interim davidend of 200% i e T2 per share of face value of T1 each for he financ at year 2025-26 to the shareholders of the Company as on record date June 25, 2025. For and on behalf of the Board of Directors Raj K. Chandaria Place Mumbai Chairman & Managing Director 0aIe: November 7, 2025 DIN : 00037518