: CIL/STEX33/Q4FY2O : June 18,2020 Ref Date

To,

The Secretary, BSE Limited Corporate Relation DePt. P.J. Towers, DalalStreet, Fort, Mumbai4OO 001

The Secretary, National Stock Exchange of lndia Limited Plot No. C/1, G Block, Bandra Kurla ComPlex Bandra (East) Mumbai-4OO 051

Scrip Code - /Scrip ld: 540710/CAPACITE

Scrip Symbol: GAPACITE

Dear Sir/ Madam,

with reference to intimation submitted to Exchange dated June 12, 2019 for schedule of Board Meeting and pursua;i t" Regulation 30 and 35 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 20i5, as amended, this is to inform that the Board of Directors in their meeting held throughVfu" conferencing, in accordance with (Companies (Meetings of Board and its powers) Amendment Rutes, 2020) issueo uvine rrrrin,:ry " cirporite Affairs dated 1gth March 2020, on Thursday, June 18,2O2O,which commenceO at 1:0b p.m. and concluded at 3:40 p'm' inter alia' considered and approved the following:

The Audited Financial Statements (standalone and consolidated) as per lndian Accounting Standards tf NO nSl for the Quartei and Financial Year ended March 31,2020 and Audited Standatone and Consolidated Financial Results for the quarter and year ended 31't March, 2020, which has been duly revieweJ and recommended by the Audit Committee' The Audited Financial Statements (Standalone ano Consotidated) will be made available at the website of the ComPanY.

Acopy of the Audited Financial Results (Standalone and .Consolidated) of the Company for the Quarter and Financial Year ended March 31, 2O2O along -with -the statement of Assets & Liabilities and Report issued by Statutory Auditors of the Company, SngC & Co' LLP' Chartered Accountants' in accordance with ha;;ii"; 33 of the segt (t-isting ootigation and Disclosure Requirements) Regulations ,2015 is attached herewith as Annexure A'

The declaration from company that the Report of the statutory Auditors is. with unmodified opinion with respect to standatne'& ionsolidated Audited Financial stitement for the year ended March 31, 2020 is attached herewith as Annexure B'

Mumbal (Head Offlce) : lnformation of such Event(s) Sr. No. L SEralls of events that needs to be provided Reason for Cha4gs Re-Aopointment as lnternal Auditor 2. Date of APpointment June 18, 2020 3. 4. erief Profite (in case of Appointment) M/s. Mahajan and AlDara, unanerea Accountants were established in 1979. The firm has wide experience in the field of lnternal Audit & Risk consulting. The firm is also having experience of conducting internal / concurreni audit of companies in vgggls industries. 6\PAl Disclosure of relationshiPs between Directors (in case of Aooointment of Director) - Not Applicable * W
1. Appointment of M/s. Mahajan and Aibara, Chartered Accountants, as lnternal Auditors for the Financial Year 2Q2O-21. The details of appointment are as under:

605-607, Shrikant Chambers, Phase-|, 6th Floor, Adjacent to R. K. Studios, Sion-Trombay Road, Chembut Mumbai- 4OOO71. Maharashtra, lndiaTel: 02271733717.Fax.:0227173 3733. Email: [email protected]

Appointment of M/s. Y. R. Doshi & Associates, Cost Accountants as Cost Auditors for the Financial Year 2020-21. The details of appointment are as under:

Sr. No.	Details of Events that needs tobe provided	lnformation of such Event(s)
1.	Reason for Change	Re-Appointment as Cost Auditor
2.	Date of Appointment	June 18, 2020
3.	Brief Profile (in case ofAppointment)	M/s. Y. R. Doshi & Associates, CostAccountants was established in 2011.The firm has experience in the field of CostAuditing, MIS System Development, StatutoryCompliance, System Audit & Performance
4.	Disclosure ofrelationshipsbetween Directors (in case ofAppointment of Director)	Analvsis etc.Not Applicable

Appointment of M/s. Shreyans Jain & Co., Company Secretaries as SecretarialAuditor for the Financial Year 2020-21. The details of appointment are as under:

Sr. No.	Details of Events that needs tobe provided	lnformation of such Event(s)
1.	Reason for Chanqe	Re-Appointment as Secretarial Auditor
2.	Date of Appointment	June 1 8,2020
3.	Brief Profile (in case ofAppointment)	M/s. Shreyans Jain & Co., CompanySecretaries was established in 2011.
		The firm has experience in the variousprofessional services in the field of CompanyLaw and Secretarial compliances. The firmalso provide services like Legal Due Diligenceand Secretarial Auditing of various listed and
		unlisted Companies, corporate advisory,coroorate restructurinq etc.Not Applicable
4.	Disclosure ofrelationshipsbetween Directors (in case ofAppointment of Director)

This is for your information. Kindly take the same on records.

Yours Sincerely For Capacit'e lnfraprojects Limited

:./

nict Tanwar Compliance Officer

Annexure B

Date: June 18,2020

The Secretary,	The Secretary,
BSE Limited	National Stock Exchange of lndia Limited
Corporate Relation Dept.	Plot No. C/I, G Block,
P.J. Towers,	Bandra Kurla Complex
Dalal Street, Fort,	Bandra (East)
Mumbai-400 001	Mumbai4OO 051
Code - /Scrip Id: 54071O/CAPACITE	CAPACITE

Subiect: Declaration with respect to unmodified opinion in the report of the Statutorv Auditors on Audited Standalone and Consolidated Financial Results for the Financial Year ended March 31.2020

Dear Sir/ Mam

Pursuant to Regulation 33(3) of the Securities and Exchange Board of lndia (Listing Obligation and Disclosure Requirement) Regulations,2015, we hereby declare that the Auditors'Report on Standalone and Consolidated Financial Statements for the Financial Year ended March 31, 2020 issued by SRBC & Co. LLP, Chartered Accountants (Firm Registration No: 324982E/E300003), Statutory Auditors of the Company is with unmodified opinion.

This is for your information. Kindly take the same on records.

Thanking you.

Yours Sincerely For Capacit'e lnfraprojects Limited

nica Tanwar Gompliance Officer

29 Senapati Bapat Marg Dadar (West) Mumbai - 400 028, lndia Tel: +91 22 6819 8000

Independent Auditor's Report 0n the Quarterly and Year to Date Audited Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regutations, 2015, as amended

The Board of Directors of Capacit' e Infraprojects Limited

Report on the audit of the Standalone Financial Results

Opinion

We have audited the accompanying statement of quarterly and year to date standalone financial results of Capacit'e Infraprojects Limited (the "Company") for the q.ru.t". ended March 31, 2O2O and for the year ended March 31, 2020 ("Statement"), attached herewith, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure li.equirements) Regulations, 2015, as amended (the ,,Listing Regulations,,).

In our opinion and to the best of our information and according to the explanations given to us, the Statement:

i. is presented in accordance with the requirements of the Listing Regulations in this regard; and
ii. gives a true and fair view in conformity with the applicable accounting standards and other accounting principles generally accepted in India, ofthe net profit and other comprehensive loss and other financial information of the Company for the quarter ended March 31, 2O2O and of the net profit and other comprehensive income and other financial information of the Company for the year ended March 31,2020.

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Companies Act, 2013, as amended ("the Act"). Our responsibilities under those Standards are further described in the "Auditor's Responsibilities for the Audit of the Standalone Financial Results" section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial statements under the provisions of the Act and the Rules thereunder, and we have fulfilled our oth€r ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our opinion.

Emphasis of Matter

We draw attention to note 8 of the Statement, which describes the management assessment of uncertainties related to Covid-19 and its consequential impact including the recoverability of its assets and operations of the Company. Our opinion is not modified with respect to this matter.

S R B C & CO LLP, a Limited Liabrlity Partnership with LLp ldentity No, AAB-431 8 Rqgd. Oftice : 22, Crm,:c stree,t, Btock 'B', 3rd Floor, Kotkata,Too 01 6

$'tr tr fl & fl#ad"p Chartered Account.ants

Capacit' e Infraprojects Limited Page 2 of3

Management's Responsibilities for the standalone Financial Results

The Statement has been prepared on the basis of the standalone annual financial statements. The Board of Directors of the Company are responsible for the preparation and presentation of the Statement that gives a true and fair view of the net profit and other iomprehensive i.r"o*" of the Company and other financial information in accordance with the applicable atcounting standards prescribed unier Section 133of the Act read with relevant rules issued thereunder and oiher u""o.rrriirrg principles generally accepted in India and in com_pliance with Regulation 33 of the Listing Regulatiois. This^respJnsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate aicounting policies; maklng judgments and estimates that are reasonable and prudent; and the design, implemeniaiion and maintenance of adequate intemal financial contro_ls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation-of the Statement that give a true and fair view and are free from material misstatement, whether due to fraud or elror.

In preparing the Statement, the Board of Directors are responsible for assessing the Company,s ability to continue as a going concern, disclosing, as applicable, matters related to going "or."*iod using the going concern basis of accounting unless the Board of Directors either intends toliquidate the Company or to cease operations, or has no realistic alternative but to do so.

The Board of Directors are also responsible for overseeing the Company's financial reporting process.

Auditor's Responsibilities for the Audit of the Standalone Financial Results

Our objectives are to obtain reasonable assurance about whether the Statement as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level ofassurance but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of the Staiement.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

. Identify and assess the risks of material misstatement of the Statement, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
r Obtain anunderstanding ofinternal control relevantto the audit inorderto designauditprocedures that are appropriate in the circumstances. Under Section la3(3)(i) of the Act, we are also responsible for expressing our opinion on whether the company has adequate internal financial controls with reference to financial statements in place and the operating effectiveness of such controls.
o Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors.

$trsc&c${"{"r Chartered Accountants

Capacit' e Infraprojects Limited Page 3 of3

o Conclude on the appropriateness of the Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concem. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial results or, ifsuch disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as agoing concern.
o Evaluate the overall presentation, structure and content of the Statement, including the disclosures, and whether the Statement represents the underlying transactions and events in a manner that achieves fair presentation.

We communicate with those charged with govemance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in intemal control that we identify during our audit.

We also provide those charged with govemance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

Other Matter

The Statement includes the results for the quarter ended March 31,2020 being the balancing figure between the audited figures in respect of the full financial year ended March 31, 2O2O and the published unaudited year-to-date figures up to the third quarter ofthe current financial year, which were subjected to a limited review by us, as required under the Listing Regulations.

FoTSRBC&COLLP Chartered Accountants ICAI Firm Registration Number: 3249828/8300003

per Jayesh Gandhi Partner Membership No.: 37924

UDIN: 20037 9 24 NU\ADQ53 7 8

Place: Mumbai Date: June 18,2020

Registered Address of the Company - 605-607, Shrikant Chambers, 6th Floor, Phase I

Adjacent to R K Studios, Sion-Trombay Road, Mumbai- 400 071Tel: +91-22 717 33 717Fax: +91-22 717 33 733Email: compli Email: [email protected]

Website: www.capacite.in

CIN: L45400MH2012PLC234318

Statement of audited standalone financial results for the quarter and year ended March 31, 2020

(INR in lakhs except as stated)

		Standalone
		Quarter Ended			Year Ended
Sr. No.	Particulars	March 31,2020	Dec 31,2019	March 31,2019	March 31,2020	March 31,2019
		Audited(Refer Note 9)	Unaudited(Refer Note 9)	Audited(Refer Note 9)	Audited	Audited
$\mathbf{1}$	Income
	a. Revenue from operations	30,724.78	40,494.71	49,762.58	1,52,874.41	1,78,661.31
	b. Other income	561.65	487.79	958.00	2,538.25	3,688.96
	Total Income $[1(a)+1(b)]$	31,286.43	40,982.50	50,720.58	1,55,412.66	1,82,350.27
$\overline{2}$	Expenses
	a. Cost of material consumed	14,825.77	16,851.66	21,845.54	65,763.11	76,573.03
	b. Construction expenses	6,491.93	10,985.02	15,462.14	40,637.89	55,370.33
	c. Employee benefit expenses	3,155.30	3,516.57	3,779.45	13,703.28	14,616.19
	d. Finance costs	1,841.93	1,616.53	1,512.33	6,451.85	4,912.11
	e. Depreciation and amortisation expenses	3,011.59	2,981.48	2,463.27	11,417.96	8,899.30
	f. Other expenses	1,489.12	1,916.33	1,976.39	7,098.70	7,253.39
	Total expenses $[2(a)$ to $2(f)]$	30,815.64	37,867.59	47,039.12	1,45,072.79	1,67,624.35
3	Profit before Tax (1-2)	470.79	3,114.91	3,681.46	10,339.87	14,725.92
$\overline{4}$	Tax expense
	Current Tax	841.05	616.45	315.94	2,866.32	3,837.89
	Deferred Tax (refer note 6)	(753.35)	150.24	771.55	(1,617.97)	1,329.77
	Total Tax expenses	87.70	766.69	1,087.49	1,248.35	5,167.66
5	Net profit for the period (3-4)	383.09	2,348.22	2,593.97	9,091.52	9,558.26
6	Other comprehensive income
	(i) Items that will not be reclassified to profit or loss	(77.49)	74.11	29.58	6.87	79.23
	(ii) Income tax relating to items that will not be reclassifiedto profit or loss	19.50	(18.65)	(10.24)	(1.73)	(27.42)
		(57.99)	55.46	19.34	5.14	51.81
7	Total comprehensive income for the period $(5+6)$	325.10	2,403.68	2,613.31	9,096.66	9,610.07
$,$ 8 $,$	Paid up equity share capital (face value: INR 10/- each)	6,789.15	6,789.15	6,789.15	6,789.15	6,789.15
9	Other Equity				85,797.93	77,523.81
10	Earning per share (of INR 10/- each) (not annualisedfor quarters)*
	(a) Basic (INR)	0.56	3.46	3.82	13.39	14.08
	(b) Diluted (INR)	0.56	3.46	3.82	13.39	14.08

* Weighted average number of equity shares considered for EPS

CAPACIT'E INFRAPROJECTS LIMITED Registered Address of the Company - 605-607, Shrikant Chambers, 6th Floor, Phase I

Adjacent to R K Studios, Sion-Trombay Road, Mumbai- 400 071

Tel: +91-22 717 33 717

Website: www.capacite.in CIN: L45400MH2012PLC234318

The above standalone financial results have been prepared in accordance with Indian Accounting Standard as prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standard) Rules, 2015 and the Companies (Indian Accounting Standard) Amendment Rules, 2016.
- The above audited financial results have been reviewed by the Audit Committee and thereafter approved by the Board of Directors at its meeting held on June 18, 2020.

The above financial results have been audited by the Statutory Auditors of the Company. $\overline{3}$

$\overline{A}$ Use of Initial Public Offer (IPO) proceeds is summarised as below:

			(INK in lakns)
Particulars	Planned as perprospectus	Utilised uptoMar 31, 2020	Unutilised asat Mar 31,2020
Funding working capital requirements	25,000.00	25,000.00
Funding purchase of capital assets (system formwork)	5,195.00	5,195.00
General corporate purposes (including IPO related expenses)	9,805.00	9,805.00
Total	40.000.00	40.000.00

Notes:

$\overline{2}$

Effective April 1, 2019, the Company has adopted Ind AS 116 "Leases", applied to all lease contract existing on April 1, 2019 using the modified retrospective approach as per para C8 (c) (ii) of Ind AS 116 - Lease to its leases, effective from annual reporting period beginning April 1, 2019. This has resulted in recognizing a right of use assets (an amount equal to the lease liability, adjusted by the prepaid lease rent and deposits discounting) of INR 1,385.22 lakhs as at April 1, 2019. In the statement of profit and loss of the current period, operating lease expenses has changed from rent to depreciation cost for the right of use assets and finance cost for interest accrued in lease liability.

Reconciliation for the above effect on statement of profit and loss for the current quarter and year ended March 31, 2020 as follows:

	Standalone
Adjustment to net profit	Ouarter endedMar 31, 2020comparablebasis	Changes due toInd AS $116$increase/(decrease)	Ouarter endedMar 31, 2020as reported	Year ended Mar31, 2020comparable basis	Changes due toInd AS $116$increase/(decrease)	car endedMar 31, 2020as reported
Other expenses	1,650.96	(161.84)	1,489.12	7,684.58	(585.88)	7,098.70
Finance costs	1,783.76	58.17	1,841.93	6,276.51	175.34	6,451.85
Depreciation and amortisation expense	2,879.41	132.18	3,011.59	10,927.85	490.11	11,417.96
Profit before tax	499.30	(28.51)	470.79	10,419.44	(79.57)	10,339.87

Tax expenses for the quarter and year ended March 31, 2020 reflects changes made vide Taxation Laws Amendment Ordinance 2019. Pursuant to Taxation Law (Amendment) 6 Ordinance, 2019 ("Ordinance") issued by Ministry of Law and Justice (Legislation Department) on September 20, 2019 and which is effective from April 1, 2019, domestic companies have an option to pay corporate Income Tax @ 22% + Surcharge and Cess ("New Tax Rate") subject to certain conditions. The Company has made an assessment of the impact of the Ordinance and opted for the New Tax Rate from the financial year 2019-2020. Further due to revised tax rate, there is a reversal of deferred tax liability as on March 31,2020 to the extent of Rs 1,391.99 Lakhs, credit of w

The Company's business segment consists of a single segment of 'Engineering, Procurement and Construction contracts' (EPC) in accordance with the requirement of Indian Accounting $\overline{7}$ Standard (Ind AS) 108: Operating Segment. Accordingly, no separate segment information has been provided.

The Outbreak of Coronavirus (COVID-19) pandemic globally and in India is causing significant disturbance and slowdown of economic activity. Execution of EPC contracts $\mathbf{Q}$ undertaken by the Company were temporarily suspended during nationwide lockdown. Business operations are being resumed in a phased manner in line with directives from the authorities

The Company has considered internal and external sources of information up to the date of approval of these standalone financial results, in assessing the recoverability of its assets, liquidity, financial position and operations of the Company including impact on estimated construction cost to be incurred towards projects under execution and based on the management's assessment, there is no material impact on the Standalone financial results of the Company.

Considering the uncertainties involved in estimating the impact of this pandemic, the future impact of this pandemic may be different from those estimated as on the date of approval of these Standalone financial results. The uncertainty relating to improvement in economic activity and in the real estate sector may have an impact to the Company's operations in future.

$\overline{Q}$ Figures for the quarters ended March 31, 2020 and March 31, 2019 are the balancing figures between the audited figures in respect of the full years and the published figures of nine enths ended December 31, 2019 and December 31, 2018 respectively.

$10$ Figures for the previous period have been regrouped / reclassified, where necessary, to confirm to the current period classification

For and on behalf of the Board of Directors of Capacit'e Infraprojects Limited

Place: Mumbai Date: June 18, 2020

Registered Address of the Company - 605-607, Shrikant Chambers, 6th Floor, Phase I

Adjacent to R K Studios, Sion- Trombay Road, Mumbai- 400 071 Tel: +91-22 717 33 717

Fax: +91-22 717 33 733 Email: [email protected]

Website: www.capacite.in CIN: L45400MH2012PLC234318

Total Equity and Liabilities

Particulars	As at	As at
	March 31, 2020	March 31, 2019
A - Assets
1) Non-current assets
(a) Property, plant and equipment		53,897.04
(b) Capital work-in-progress	64,592.91482.61	426.48
(c) Other intangible assets	145.73
(d) Right-of-use assets		159.98
(e) Financial assets	1,155.80
(i) Investment
(ii) Trade receivables (retention)	1,111.86	1,231.33
(iii) Other financial assets	8,507.85	6,622.482,989.52
(f) Non Current Tax Assets (net)	7,085.00
	1,964.13	1,291.33
(g) Other non-current assets	9,109.89	6,157.08
Total non-current assets	94,155.78	72,775.24
2) Current Assets
(a) Inventories	10,411.81	9,105.69
(b) Financial assets
(i) Investments	49.39	46.76
(ii) Trade receivables	38,196.49	52,889.68
(iii) Cash and cash equivalents	10,756.38	2,964.19
(iv) Bank balances other than (iii) above	15,527.99	16,341.42
$(v)$ Loans	1,300.00	1,400.00
(vi) Other financial assets	56,070.60
(c) Other current assets		40,353.06
Total current assets	9,904.55	9,124.47
	1,42,217.21	1,32,225.27
Total-Assets	2,36,372.99	2,05,000.51

B- Equity & Liabilities
1) Equity
(a) Equity share capital	6,789.15	6,789.15
(b) Other equity	85,797.93	77,523.81
Total equity	92,587.08	84,312.96

2) Liabilities
Non-current liabilities
(a) Financial liabilities
(i) Borrowings	9,352.61	5,798.38
(ii) Lease Liability	786.93
(iii) Other financial liabilities	3,853.56	4,185.88
(b) Provisions	122.58	149.21
(c) Deferred Tax liabilities (net)	3,868.93	5,691.18
(d) Other non-current liabilities	29,286.31	7,646.85
Total non-current liabilities	47,270.92	23,471.50
Current liabilities
(a) Financial liabilities

(i) Borrowings	18,363.30	17,772.63
(ii) Lease Liability	396.56	$\overline{a}$
(iii) Trade payables- Total outstanding dues of micro enterprises and
small enterprises	1,416.27	409.62
- Total outstanding dues of creditors other than
micro enterprises and small enterprises.	54,525.25	52,938.15
(iv) Other financial liabilities	5,952.21	6,111.38
(b) Provisions	1,481.51	2,162.72
(c) Current Tax liabilities (net)	1,247.93	1,201.52
(d) Other current liabilities	13,131.96	16,620.03
Total current liabilities	96,514.99	97,216.05

Total Liabilities	1,43,785.91	1,20,687.55

2,36,372.99

CAPACIT'E INFRAPROJDCTS LIMITED Registered Address of the Company - 605-607, Shrikant Chambers, 6th Floor, phase I Adjacent to R K Studios, Sion- Trombay Road, Mumbai- 400 071 Telr +91-2271733717 Fax t +91-22 717 33733 Email: compliance@capacite,in lYebsite : www.c.pacite.in CIN : l,45400MH20l2PLC2343lE

Note -2 Standalone Cash Flow Statement

Sr No	Particulars	For the Year EndedMarch 31. 2020	lnFor the Year EndedMarch 31, 2019
		Audited	Audited
A	lCash flow from operating activities
	lProfit before Tax	10.339.87	t4,725.92
	lAdjustment for
	I Depreciarion and amortisation	ll,417 .96	8,899.30
	I Finun". "o.t	6,45 1.85	4,9t2.11
	I Provision for doubtful debts	1,54s.00	678.90
	I Loss ofsale ofplant property & equipment	29.06	13.98
	I Impairment of investmentI Profit on sale ofinvestments		90.67
I			(2. l 8)
	(Gain)/llss on Current lnvestments on fair value through P&L	(2.62)	(3.3e)
	Sundry Balance written back	(34.t4\	(s0.77)
	Interest income	(2.257.r7\	(3,334.82)
	Operating prolit before working capital changes	27,489.81	25,929.73
	Adjustment for
	(Increase)/Decrease in Trade Receivables (Including bills discounted with banks)	7,125.86	( l 2,208.801
	(lncrease)/Decrease in l-oans	100.00	(800.001
	(Increase)/Decrease in Inventories	(t,306.12	(8,3s4.44"
	(lncrease)/Decrease in Other Assets and other financial assets	( 1 6,1 59.451	( 1 0,677.1 3)
	Increase/(Decrease) in Trade payables	2,627.89	8,747.81
	lncrease/(Decrease) in Provisions	(700.97"	464.78
	Increase/(Decrease) in Other Liabilities and other financial liabilities	19,720.72	7,370.45
	Cash flow from operating activities	38,897.74	10,472.40
	Direct Taxes paid (net ofrefunds)	(3,698.72	(4.075.851
	Net cash flow from operating actiyities	35,199.02	6,396.55

B	Cash flow used in investing activitiesPurchase ofproperty, plant and equipment including CWIP and capital advances	(26,529.19)	(22,403.49)
	Proceeds from sale ofproperty, plant and equipment	53.91
	hoceeds from sale ofinvestments	170.t7	3.78
	Purchase of Investments	(s0.70)	624.88(2 l.s0)
	I-oans from related party, net		2,276.41
	Proceeds/ (purchase) ofinvestments in bank deposits (having original maturity ofmore than three months),
	net	(3,338.27)	15,072.08
	lnterest received	2,147.t2	3,505. l 3
	Net cash flow used in investlng activities	(27.536.96)	(942.71
C	Cash flow from financing activities
	Repayment of long-term borrowings		(5,891.66)
	Proceeds from long-term borrowings	(s, l 44.s0)7,997 .88	6,488.28
	Proceeds/ (Repayments) from short-term borrowings, net	4,727.68	2,349.15
	Dividend paid including dividend distribution taxes	(822.s2\	(822.64)
	Interest paid	(6,628.41\	(4.904.36\
	Net cash flow from financing activities	130.13	(3,7E1.24)

	Net increase/(decrease) in cash and cash equivalents ( A+B+C)	7.792.19	1,672.60
	Cash and Cash Equivalents at the beginning ofthe period	2,964.t9	1.29t.59
	Cash and cash equivalents rt end of tbe p€riod	10,756.38	2,964.19

	Components of cash and cash equivrlents
	Cash in hand	t6.32	22.43
	Foreign currency on hand	3.02	9.79
	Balances with banks:
	- on cunent accounts	810.40	238.3s
	- Tem Deprosits with less than 3 months of original maturity	9.926.64	2,693.62
	Total cash & cash equivalents	r0,756.38	2,964.19

12th Floor The Ruby 29 Senapati Bapat Marg Dadar (West) Mumbai - 400 028, lndia Tel: rg1 22 0819 8000

Independent Auditor's Report 0n the Quarterly and Year to Date Consolidated Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended

To

The Board of Directors of Capacit'e Infraprojects Limited