Revenue showed a marginal decline at Rs. 766.03 millions. For the quarter ended December 2019, as compared to corresponding quarter of last year.A good growth in profit of 49.88% reported to Rs. 272.70  millions over Rs. 181.95 millions of corresponding previous quarter.The company reported a degrowth in operating Profit to 571.88 millions from 608.59 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201912 201812 % Var 201912 201812 % Var 201903 201803 % Var Sales 766.03 775.18 -1.18 2278.02 2217.16 2.74 2986.65 2907.77 2.71 Other Income 2.41 1.35 78.52 7.14 10.74 -33.52 13.05 27.90 -53.23 PBIDT 571.88 608.59 -6.03 1725.13 1724.54 0.03 2273.98 2230.32 1.96 Interest 59.92 183.58 -67.36 271.80 520.91 -47.82 697.17 655.55 6.35 PBDT 511.96 425.01 20.46 1453.33 1203.63 20.75 1576.82 1574.77 0.13 Depreciation 132.85 147.07 -9.67 396.25 441.17 -10.18 588.84 722.15 -18.46 PBT 379.11 277.94 36.40 1057.08 762.46 38.64 987.98 852.62 15.88 TAX 106.41 95.99 10.86 255.96 273.48 -6.41 351.18 295.71 18.76 Deferred Tax 34.82 30.49 14.20 25.25 89.39 -71.75 111.50 85.34 30.65 PAT 272.70 181.95 49.88 801.12 488.98 63.83 636.78 556.90 14.34 Equity 901.18 901.18 0.00 901.18 901.18 0.00 901.18 901.18 0.00 PBIDTM(%) 74.66 78.51 -4.91 75.73 77.78 -2.64 76.14 76.70 -0.73

Nirlon is currently trading at Rs. 285.50, up by 1.10 points or 0.39% from its previous closing of Rs. 284.40 on the BSE.The scrip opened at Rs. 287.10 and has touched a high and low of Rs. 299.00 and Rs. 281.65 respectively. So far 15374 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 299.00 on 06-Dec-2019 and a 52 week low of Rs. 165.10 on 04-Feb-2019.Last one week high and low of the scrip stood at Rs. 299.00 and Rs. 251.00 respectively. The current market cap of the company is Rs. 2572.87 crore.The promoters holding in the company stood at 71.25%, while Institutions and Non-Institutions held 12.18% and 16.57% respectively.Nirlon has signed a long-term leave and license agreement with JP Morgan, the global banking and financial services provider, for premium office space at Nirlon Knowledge Park (NKP) in Mumbai. JP Morgan will take up approximately 1.15 million sq. ft. of office space that is expected to be delivered by the second quarter of 2021.NKP has a site area of 23 acres and is located on Mumbai’s Western Express Highway in Goregaon. NKP houses some of the top global and Indian corporates with approximately 1.8 million square feet of IT/ITES office space already licensed.Nirlon makes industrial fabrics, which can be used for applications such as Belting, tarpaulins, grey textiles etc.

The quarter ended September 2019 witnessed marginal change in the total revenue. The figure for the mentioned quarter is pegged at Rs. 758.29 millions.Handsome Net Profit growth of 72.83% reported above the corresponding previous quarter figure of Rs. 271.99 millions to Rs. 157.37 millions.The Operating Profit of the company witnessed a decrease to 566.29 millions from 566.37 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201909 201809 % Var 201909 201809 % Var 201903 201803 % Var Sales 758.29 727.20 4.28 1511.99 1441.98 4.86 2986.65 2907.77 2.71 Other Income 2.30 1.72 33.72 4.73 9.39 -49.63 13.05 27.90 -53.23 PBIDT 566.29 566.37 -0.01 1153.25 1115.95 3.34 2273.98 2230.32 1.96 Interest 114.45 168.50 -32.08 211.88 337.33 -37.19 697.17 655.55 6.35 PBDT 451.84 397.87 13.56 941.37 778.62 20.90 1576.82 1574.77 0.13 Depreciation 131.80 147.08 -10.39 263.40 294.10 -10.44 588.84 722.15 -18.46 PBT 320.04 250.79 27.61 677.97 484.52 39.93 987.98 852.62 15.88 TAX 48.05 93.42 -48.57 149.55 177.49 -15.74 351.18 295.71 18.76 Deferred Tax -27.34 32.12 -185.12 -9.57 58.90 -116.25 111.50 85.34 30.65 PAT 271.99 157.37 72.83 528.42 307.03 72.11 636.78 556.90 14.34 Equity 901.18 901.18 0.00 901.18 901.18 0.00 901.18 901.18 0.00 PBIDTM(%) 74.68 77.88 -4.11 76.27 77.39 -1.44 76.14 76.70 -0.73

The company witnessed a 5.45% growth in the revenue at Rs. 753.70 millions for the quarter ended June 2019 as compared to Rs. 714.78 millions during the year-ago period.Net profit for the quarter ended June 2019 increased significantly by 71.34% to Rs. 256.43 millions from Rs. 149.66 millions.The company reported a good operating profit of 586.96 millions compared to 549.58 millions of corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201906 201806 % Var 201906 201806 % Var 201903 201803 % Var Sales 753.70 714.78 5.45 753.70 714.78 5.45 2986.65 2907.77 2.71 Other Income 2.43 7.67 -68.32 2.43 7.67 -68.32 13.05 27.90 -53.23 PBIDT 586.96 549.58 6.80 586.96 549.58 6.80 2273.98 2230.32 1.96 Interest 97.43 168.83 -42.29 97.43 168.83 -42.29 697.17 655.55 6.35 PBDT 489.53 380.75 28.57 489.53 380.75 28.57 1576.82 1574.77 0.13 Depreciation 131.60 147.02 -10.49 131.60 147.02 -10.49 588.84 722.15 -18.46 PBT 357.93 233.73 53.14 357.93 233.73 53.14 987.98 852.62 15.88 TAX 101.50 84.07 20.73 101.50 84.07 20.73 351.18 295.71 18.76 Deferred Tax 17.77 26.78 -33.64 17.77 26.78 -33.64 111.50 85.34 30.65 PAT 256.43 149.66 71.34 256.43 149.66 71.34 636.78 556.90 14.34 Equity 901.18 901.18 0.00 901.18 901.18 0.00 901.18 901.18 0.00 PBIDTM(%) 77.88 76.89 1.29 77.88 76.89 1.29 76.14 76.70 -0.73

The total revenue for the quarter ended December 2018 remained nearly unchanged at Rs. 775.18 millions.Net profit stood at Rs. 181.95  millions  compared to Rs. 171.42 millions in the corresponding previous quarter,high by 6.14%.Operating profit for the quarter ended December 2018 rose to 608.59 millions as compared to 587.92 millions of corresponding quarter ended December 2017. (Rs. in Million) Quarter ended Year to Date Year ended 201812 201712 % Var 201812 201712 % Var 201803 201703 % Var Sales 775.18 740.79 4.64 2239.67 2164.95 3.45 2907.77 2876.55 1.09 Other Income 1.35 8.53 -84.17 10.74 22.45 -52.16 27.90 49.05 -43.12 PBIDT 608.59 587.92 3.52 1747.06 1713.17 1.98 2230.32 2266.66 -1.60 Interest 183.58 166.10 10.52 543.43 492.50 10.34 655.55 779.58 -15.91 PBDT 425.01 421.82 0.76 1203.63 1220.67 -1.40 1574.77 1487.08 5.90 Depreciation 147.07 153.28 -4.05 441.17 468.91 -5.92 722.15 706.55 2.21 PBT 277.94 268.54 3.50 762.46 751.76 1.42 852.62 780.53 9.24 TAX 95.99 97.12 -1.16 273.48 247.64 10.43 295.71 269.73 9.63 Deferred Tax 30.49 23.82 28.00 89.38 56.64 57.80 85.34 94.82 -10.00 PAT 181.95 171.42 6.14 488.98 504.11 -3.00 556.90 510.80 9.03 Equity 901.18 901.18 0.00 901.18 901.18 0.00 901.18 901.08 0.01 PBIDTM(%) 78.51 79.36 -1.08 78.01 79.13 -1.42 76.70 78.80 -2.66

The company`s total revenue for the quarter ended September 2018 saw a slight change in the total revenue, having registered a total revenue of Rs. 727.20 millions.A humble growth in net profit of 10.77% reported in the quarter ended September 2018 to Rs. 157.37  millions from Rs. 142.07 millions.The company reported a good operating profit of 566.37 millions compared to 547.08 millions of corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201809 201709 % Var 201809 201709 % Var 201803 201703 % Var Sales 727.20 706.60 2.92 1464.49 1424.16 2.83 2907.77 2876.55 1.09 Other Income 1.72 6.82 -74.78 9.39 13.92 -32.54 27.90 49.05 -43.12 PBIDT 566.37 547.08 3.53 1138.47 1125.25 1.17 2230.32 2266.66 -1.60 Interest 168.50 181.43 -7.13 359.85 326.40 10.25 655.55 779.58 -15.91 PBDT 397.87 365.65 8.81 778.62 798.85 -2.53 1574.77 1487.08 5.90 Depreciation 147.08 144.38 1.87 294.10 315.63 -6.82 722.15 706.55 2.21 PBT 250.79 221.27 13.34 484.52 483.22 0.27 852.62 780.53 9.24 TAX 93.42 79.20 17.95 177.49 150.52 17.92 295.71 269.73 9.63 Deferred Tax 32.11 31.60 1.61 58.89 32.82 79.43 85.34 94.82 -10.00 PAT 157.37 142.07 10.77 307.03 332.69 -7.71 556.90 510.80 9.03 Equity 901.18 901.15 0.00 901.18 901.18 0.00 901.18 901.08 0.01 PBIDTM(%) 77.88 77.42 0.59 77.74 79.01 -1.61 76.70 78.80 -2.66

The total revenue for the quarter ended June 2018 remained nearly unchanged at Rs. 737.29 millions.A slender decline of -21.49% was recorded to Rs. 149.66  millions from Rs. 190.62 millions in the corresponding previous quarter.Operating profit for the quarter ended June 2018 decreased to 572.10 millions as compared to 578.17 millions of corresponding quarter ended June 2017. (Rs. in Million) Quarter ended Year to Date Year ended 201806 201706 % Var 201806 201706 % Var 201803 201703 % Var Sales 737.29 717.56 2.75 737.29 717.56 2.75 2907.77 2876.55 1.09 Other Income 7.67 7.10 8.03 7.67 7.10 8.03 27.90 49.05 -43.12 PBIDT 572.10 578.17 -1.05 572.10 578.17 -1.05 2230.32 2266.66 -1.60 Interest 191.35 144.97 31.99 191.35 144.97 31.99 655.55 779.58 -15.91 PBDT 380.75 433.20 -12.11 380.75 433.20 -12.11 1574.77 1487.08 5.90 Depreciation 147.02 171.25 -14.15 147.02 171.25 -14.15 722.15 706.55 2.21 PBT 233.73 261.95 -10.77 233.73 261.95 -10.77 852.62 780.53 9.24 TAX 84.07 71.32 17.88 84.07 71.32 17.88 295.71 269.73 9.63 Deferred Tax 26.78 1.22 2095.08 26.78 1.22 2095.08 85.34 94.82 -10.00 PAT 149.66 190.62 -21.49 149.66 190.62 -21.49 556.90 510.80 9.03 Equity 901.18 901.18 0.00 901.18 901.18 0.00 901.18 901.08 0.01 PBIDTM(%) 77.59 80.57 -3.70 77.59 80.57 -3.70 76.70 78.80 -2.66

The quarter ended December 2017 witnessed marginal change in the total revenue. The figure for the mentioned quarter is pegged at Rs. 740.79 millions.A slender decline of -0.11% was recorded to Rs. 171.42  millions from Rs. 171.61 millions in the corresponding previous quarter.Operating profit for the quarter ended December 2017 rose to 595.22 millions as compared to 580.87 millions of corresponding quarter ended December 2016. (Rs. in Million) Quarter ended Year to Date Year ended 201712 201612 % Var 201712 201612 % Var 201703 201603 % Var Sales 740.79 712.65 3.95 2164.95 2133.37 1.48 2789.94 2888.56 -3.41 Other Income 8.53 6.79 25.63 22.45 14.11 59.11 20.32 9.99 103.40 PBIDT 595.22 580.87 2.47 1715.33 1697.46 1.05 2131.67 2243.97 -5.00 Interest 166.10 204.73 -18.87 492.50 597.15 -17.52 647.89 722.53 -10.33 PBDT 429.12 376.14 14.09 1222.83 1100.30 11.14 1507.80 1495.65 0.81 Depreciation 160.58 178.68 -10.13 471.07 540.01 -12.77 706.55 804.88 -12.22 PBT 268.54 197.46 36.00 751.76 560.29 34.17 801.25 690.77 15.99 TAX 97.12 25.85 275.71 247.64 84.49 193.10 228.73 255.10 -10.34 Deferred Tax 23.82 -20.25 -217.63 56.64 -36.61 -254.71 0.00 0.00 0.00 PAT 171.42 171.61 -0.11 504.11 475.79 5.95 572.52 435.66 31.41 Equity 901.18 901.18 0.00 901.18 901.18 0.00 901.18 901.18 0.00 PBIDTM(%) 80.35 81.51 -1.42 79.23 79.57 -0.42 76.41 77.68 -1.65

A slight decline in the revenue of Rs. 706.60 millions was seen for the September 2017 quarter as against Rs. 729.81 millions during year-ago period.The Net proft of the company remain more or less same to Rs. 142.07  millions from Rs. 156.92 millions ,decline by -9.46%.The company reported a degrowth in operating Profit to 551.42 millions from 560.07 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201709 201609 % Var 201709 201609 % Var 201703 201603 % Var Sales 706.60 729.81 -3.18 1424.16 1420.72 0.24 2789.94 2888.56 -3.41 Other Income 6.82 4.75 43.58 13.92 7.32 90.16 20.32 9.99 103.40 PBIDT 551.42 560.07 -1.54 1120.11 1116.59 0.32 2131.67 2243.97 -5.00 Interest 181.43 203.91 -11.02 326.40 392.42 -16.82 647.89 722.53 -10.33 PBDT 369.99 356.16 3.88 793.71 724.16 9.60 1507.80 1495.65 0.81 Depreciation 148.72 171.22 -13.14 310.49 361.33 -14.07 706.55 804.88 -12.22 PBT 221.27 184.94 19.64 483.22 362.83 33.18 801.25 690.77 15.99 TAX 79.20 28.02 182.66 150.52 58.64 156.68 228.73 255.10 -10.34 Deferred Tax 31.60 -11.98 -363.77 32.82 -16.36 -300.61 0.00 0.00 0.00 PAT 142.07 156.92 -9.46 332.69 304.18 9.37 572.52 435.66 31.41 Equity 901.15 901.15 0.00 901.18 901.18 0.00 901.18 901.18 0.00 PBIDTM(%) 78.04 76.74 1.69 78.65 78.59 0.07 76.41 77.68 -1.65

The Total revenue for the quarter ended June 2017 of  Rs. 717.56 millions remain, more or less, the same.Net Profit recorded in the quarter ended June 2017 rise to 29.44% to Rs. 190.62  millions  compared to R. 147.26 millions in corresponding previous quarter.The company reported a good operating profit of 568.69 millions compared to 556.52 millions of corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201706 201606 % Var 201706 201606 % Var 201703 201603 % Var Sales 717.56 690.91 3.86 717.56 690.91 3.86 2789.94 2888.56 -3.41 Other Income 7.10 2.57 176.26 7.10 2.57 176.26 20.32 9.99 103.40 PBIDT 568.69 556.52 2.19 568.69 556.52 2.19 2131.67 2243.97 -5.00 Interest 144.97 188.51 -23.10 144.97 188.51 -23.10 647.89 722.53 -10.33 PBDT 423.72 368.00 15.14 423.72 368.00 15.14 1507.80 1495.65 0.81 Depreciation 161.77 190.11 -14.91 161.77 190.11 -14.91 706.55 804.88 -12.22 PBT 261.95 177.89 47.25 261.95 177.89 47.25 801.25 690.77 15.99 TAX 71.32 30.62 132.92 71.32 30.62 132.92 228.73 255.10 -10.34 Deferred Tax 1.22 -4.38 -127.85 1.22 -4.38 -127.85 0.00 0.00 0.00 PAT 190.62 147.26 29.44 190.62 147.26 29.44 572.52 435.66 31.41 Equity 901.18 901.18 0.00 901.18 901.18 0.00 901.18 901.18 0.00 PBIDTM(%) 79.25 80.55 -1.61 79.25 80.55 -1.61 76.41 77.68 -1.65

The Sales for the quarter ended March 2017 of Rs. 0.00 million declined by -100.00% from Rs. 734.51 millions.The Net Loss for the quarter ended March 2017 is Rs. 0.00 millions as compared to Net Loss of Rs. -113.96 millions of corresponding quarter ended March 2016The Operating Profit of the company witnessed a decrease to 0.00 millions from 543.25 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201703 201603 % Var 201703 201603 % Var 201703 201603 % Var Sales 0.00 734.51 -100.00 0.00 2888.56 -100.00 0.00 2888.56 -100.00 Other Income 0.00 0.25 0.00 0.00 9.99 0.00 0.00 9.99 0.00 PBIDT 0.00 543.25 -100.00 0.00 2243.97 -100.00 0.00 2243.97 -100.00 Interest 0.00 162.06 -100.00 0.00 722.53 -100.00 0.00 722.53 -100.00 PBDT 0.00 344.60 -100.00 0.00 1495.65 -100.00 0.00 1495.65 -100.00 Depreciation 0.00 203.46 0.00 0.00 804.88 0.00 0.00 804.88 0.00 PBT 0.00 141.14 0.00 0.00 690.77 0.00 0.00 690.77 0.00 TAX 0.00 255.10 0.00 0.00 255.10 0.00 0.00 255.10 0.00 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT 0.00 -113.96 -100.00 0.00 435.66 -100.00 0.00 435.66 -100.00 Equity 0.00 901.18 0.00 0.00 901.18 0.00 0.00 901.18 0.00 PBIDTM(%) 0.00 73.96 0.00 0.00 77.68 0.00 0.00 77.68 0.00

Nirlon has informed that the Company has scheduled meetings of the Board of Directors and Committees, including Audit Committee on February 03, 2017 to consider and to take on record the Unaudited Financial Results for the Quarter ended December 31, 2016 along with the Limited Review Report.The above information is a part of company’s filings submitted to BSE.