the Unaudited Financial Results set out in compliance with Indian Accounting Standards (Ind-AS) for the Quarter ended September 30, 2025, together with Limited Review Report thereon are enclosed.

Aryaman Capital Markets reported its first set of quarterly results after migrating from the BSE SME Board to the Main Board. For Q2 FY26, revenue from operations fell sharply to Rs 1,043 lakhs from Rs 2,079 lakhs in Q2 FY25, a drop of about 50% year-on-year. However, profit after tax for Q2 rose to Rs 672 lakhs (from Rs 566 lakhs), as expenses also dropped sharply, pushing pre-tax margins above 80%. For the half year ended September 2025, total revenue grew 49% to Rs 3,615 lakhs and PAT surged nearly three times to Rs 1,775 lakhs (from Rs 594 lakhs). The company also fully repaid its borrowings of Rs 2,801 lakhs, ending H1 debt-free with cash and bank balances of Rs 4,302 lakhs. Basic EPS for H1 stood at Rs 14.82 versus Rs 4.96 last year. The statutory auditor issued a clean limited review report with no qualifications.