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NCC Limited Interim / Quarterly Report 2022

Aug 5, 2021

62440_rns_2021-08-05_0eb234df-0f1d-400a-9507-cdd8ed31caf0.pdf

Interim / Quarterly Report

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Ref. No.: NCCL/UAFR/June-2020-22/Reg 30&33 : $5^{th}$ August 2021 Date

National Stock Exchange of India Ltd Exchange Plaza, C-1, Block G Bandra - Kurla Complex Bandra (E) MUMBAI - 400 051. Symbol: NCC

BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Fort MUMBAI-400001. Code: 500294

Dear Sir(s),

Sub: Intimation under Regulations 30 & 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding outcome of Board Meeting

In compliance with Regulation 33 & 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the Un-Audited Financial Results for the quarter ended 30th June 2021 (standalone & consolidated) which have been reviewed by the Audit Committee and approved by the Board at their meetings held today i.e., 5th August 2021 and also the Limited Review Report furnished by the Statutory Auditors of the Company. We are also forwarding herewith the press release being issued in this connection.

The meeting of the Board of Directors of the Company commenced at 12.00 Noon and concluded at 3-30p.m.

We would request you to please take the above on record.

Thanking you

Yours faithfully,

For NCC Limited

$5 - 08 - 202$ M V Srinivasa Murthy

Company Secretary & EVP (Legal)

Encl: As above

CIN: L72200TG1990PLC011146

Registered Office: NCC HOUSE, Madhapur, Hyderabad-500 081, Tel: 040-23268888, Fax: 040-23125555, email: [email protected] Website: www.ncclimited.com

STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE, 2021 (₹ in Crores) Quarter ended Year ended 30.06.2021 31.03.2021 30.06.2020 31.03.2021 S.No Particulars Audited Unaudited Unaudited Audited (Refer note 3) ٦ Income a) Revenue from Operations 1892.63 2617.72 1178.77 7255.67 b) Other Income 19.29 21.15 32.64 115.60 Total Income 1911.92 2638.87 1211.41 7371.27 $\overline{\phantom{a}}$ Expenses a) Cost of materials consumed 645.74 874.57 407.72 2377.87 b) Construction expenses 317.18 296.42 179.59 876.49 c) Sub- Contractor work bills 586.54 1005.58 356.50 2611.49 d) Employee benefits expense 95.28 89.85 86.55 349.35 e) Finance costs 103.72 117.71 115.85 457.78 f) Depreciation and amortisation expenses 44.74 43.31 43.50 174.09 g) Other expenses 48.21 61.56 32.78 185.99 Total Expenses 1841.41 2489.00 1222.49 7033.06 Profit / (Loss) from operations before exceptional items and tax (1-2) $\overline{3}$ 149.87 70.51 $(11.08)$ 338.21 $\overline{a}$ Exceptional Items (net) $5\overline{2}$ Profit / (Loss) before tax (3+4) 70.51 149.87 $(11.08)$ 338.21 6 Tax expense a) Current tax 18.83 $(14.55)$ $(28.01)$ 7.37 b) Deferred tax 48.93 69.71 Total tax expense 18.83 34.38 $(28.01)$ 77.08 $\overline{7}$ Net Profit after tax (5-6) 51.68 115.49 16.93 261.13 8 Other comprehensive income / (loss) Items that will not be reclassified to profit or loss a) Remeasurement of the defined benefit plans $(1.50)$ $(5.05)$ $(2.00)$ $(12.05)$ b) Income tax relating to items that will not be reclassified to profit or loss $0.38$ $(1.63)$ $0.70$ 0.82 Items that may be reclassified to profit or loss a) Exchange differences on translation of foreign operations $0.13$ $(0.27)$ 0.06 $(0.44)$ Total Other comprehensive income / (loss) $(0.99)$ $(6.95)$ $(1.24)$ $(11.67)$ 9 Total comprehensive income (7+8) 50.69 108.54 15.69 249.46 10 Paid up Equity Share Capital (Face Value ₹ 2/- per Share) 121.97 121.97 121.97 121.97 Other Equity (excluding Revaluation Reserves) as shown in Audited Balance sheet 11 of the previous year 5247.46 $12$ Earnings Per Share (of ₹ 2/- each) for the period (not annualised) - Basic $0.85$ 1.89 $0.28$ 4.28 - Diluted $0.85$ $1.8c$ $0.28$ 4.28 Notes: The above results have been reviewed by the Audit Committee and approved by the Board of Directors of the Company in their respective meetings held $\mathbf{1}$ on August 05, 2021. $\overline{2}$ The Statutory Auditors have carried out limited review of the Unaudited Standalone financial results for the quarter ended June 30, 2021. The figures for the quarter ended March 31, 2021 are the balancing figures between the audited figures of the full financial year ended March 31, 2021 and $\overline{3}$ the published year to date figures up to the nine months ended December 31, 2020. The second wave of the COVID-19 pandemic affected the operations of the Company and its impact on the operations will depend on future developments $\overline{a}$ which remain uncertain. The Code on Social Security 2020 and The Code on Wages 2019 ("Code") received the Presidential Assent on September 28, 2020. The effective date and 5 related rules of the Code have not been notified. The impact of the change, if any will be assessed and recognized post notification of the relevant provisions. Current tax for the quarter ended June 30, 2020 and year ended March 31, 2021 is after accounting of tax credit of ₹ 32.03 crores on receipt of intimation 6 for Assessment year 2018-19 from department. $\overline{7}$ Previous period's figures have been regrouped wherever necessary to conform to current period's presentation. By order of the Board for NCC Limited & ASSOC $DZ$ iki CHARTERED è ACCOUNTANTS œ A.A.V.RANGA RAJU ، ar: Managing Director DERAB Place: Hyderabad Date: 05.08.2021

S.R. BaruBot * AssoctArEs LLP THE SKYVIEW 10

Chartered Accountants

18th Floor, "NORTH LOBBY" Survey No. 83/1, Raidurgam Hyderabad - 500 032, lndia Tel : +91 40 6141 5000

Independent Auditor's Review Report on the Quarterly Unaudited Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended

Review Report to The Board of Directors NCC Limited

  • We have reviewed the accompanying statement of unaudited standalone financial results of NCC Limited (the "Company") which includes 30 Joint Operations for the quarter ended June 30,2021attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 201 5, as amended (the "Listing Regulations").
  • 2 This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (lnd AS 34) "lnterim Financial Repofting" prescribed under Section 133 of the Companies Act,20l3 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibilify is to express a conclusion on the Statement based on our review.
  • We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE)2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chaftered Accountants of India. This standard requires 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 rnaking 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 with 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. a J

We also performed procedures in accordance with the Circular No. CIR/CFD|CMDIl44l20l9 dated March 29,2019 issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent applicable.

Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review repofts of other auditors referred to in paragraph 6 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards ('lnd AS') specified under Section 133 of the Companies Act,20l3 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the infonnation required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 4

Chartered Accountants

5 Emphasis of Matter Paragraph We draw attention to note 4 of standalone financial results, which describe the uncerlainties and the possible effects of Covid-19 on the operations of the company. Our conclusion is not modified in respect of this matter.

  • 6 The accompanying Statement includes unaudited interim financial results and other financial information, in respect of:
    • . 2branches whose interim financial results and other financial information reflects total revenues of Rs 36.89 crores, total net profit after tax of Rs. 3.40 crores and total comprehensive income of Rs. 3.40 crores for the quarter ended as considered in the Statement which have been reviewed by their respective branch auditors.

The independent auditor's repofts on interim financial results and other financial information of these branches have been furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures in respect of these branches is based solely on the report of such auditors and procedures performed by us as stated in paragraph 3 above.

These branches are located outside India whose financial results and other financial information have been prepared in accordance with accounting principles generally accepted in their respective countries and which have been reviewed by other auditors under generally accepted auditing standards applicable in their respective countries. The Company's management has converted the financial results of such branches located outside India from accounting principles generally accepted in their respective countries to accounting principles generally accepted in lndia. We have reviewed these conversion adjustrnents made by the Company's management. Our conclusion is so far as it relates to the balances and affairs of such branches located outside India is based on the report of other auditors and the conversion adjustments prepared by the management of the company and reviewed by us.

Our conclusion on the Statement in respect of matters stated in para 6 above is not modified with respect to our reliance on the work done and the repofts of the other auditors and the financial results/financial information certified by the Management.

For S.R. BATLIBOI & ASSOCIATES LLP Chartered Accountants ICAI Firm registration number: 101049W/E300004

0fir",- kr t-"-1 &

per Navneet Rai Kabra Partner Membership No.: 102328

UDIN : 2l 102328 AAAAEW295 8

Hyderabad August 05,2021

NCC

NCC LimitedCIN: L72200TG1990PLC011146: Registered Office: NCC HOUSE, Madhapur, Hyderabad-500 081, Tel : 040-23268888, Fax: 040-23125555, email : [email protected] Website

(そ in Crores)
Quarter ended Year ended
S.No Particulars 30.06.2021 31.03.2021 30.06.2020 31.03.2021
Unaudited Audited(Refer note 4) Unaudited Audited
$\mathbf{1}$ Income
a) Revenue from Operations 2064.30 2816.60 1297.60 7949.42
b) Other Income 18.91 25.74 31.11 115.91
Total income 2083.21 2842.34
$\overline{2}$ Expenses 1328.71 8065.33
a) Cost of materials consumed
658.95 886.41 415.98 2426.56
b) Changes in inventories of work in progress (3.35) 21.97 3.09 48.90
c) Construction expenses 327.68 302.24 188.95 902.09
d) Sub- Contractor work bills 718.04 1135.18 432.47 3059.81
e) Employee benefits expense 99.87 95.04 95.24 380.50
f) Finance costs 109.72 122.84 122.01 479.91
g) Depreciation and amortisation expenses 45.91 44.53 45.82 181.25
h) Other expenses 51.86 70.07 37.05 212.48
Total Expenses 2008.68 2678.28
3 Profit / (Loss) from operations before exceptional items and tax (1-2) 164.06 1340.61 7691.50
4 74.53 (11.90) 373.83
Exceptional Items (net) (12.60) (12.60)
5 Share of Profit / (Loss) of Associates 0.78 0.03 (0.07) 1.29
6 Profit / (Loss) before tax (3+4+5) 75.31 151.49 (11.97) 362.52
$\overline{7}$ Tax expense
a) Current tax 20.84 (11.71) (27.02) 16.90
b) Deferred tax 0.54 44.75
Total tax expense (1.96) 62.58
21.38 33.04 (28.98) 79.48
8 Net Profit after tax (6-7) 53.93 118.45 17.01 283.04
Attributable to:
Shareholders of the Company 49.95 116.83 15.68 268.31
Non-Controlling interests 3.98 1.62 1.33 14.73
9 Other comprehensive income / (loss)
Items that will not be reclassified to profit or loss
a) Remeasurement of the defined benefit plans
b) Income tax relating to items that will not be reclassified to profit or loss (1.50) (5.03) (2.00) (12.03)
0.38 (1.63) 0.70 0.82
Items that may be reclassified to profit or loss
a) Exchange differences on translation of foreign operations 0.85 (0.26) 0.12 (2.46)
Total Other comprehensive income / (loss) (0.27) (6.92) (1.18) (13.67)
10 Total comprehensive income (8+9) 53.66 111.53 15.83 269.37
Attributable to:
Shareholders of the Company 49.68 109.90 14.50 254.63
Non-Controlling interests 3.98 1.63 1.33 14.74
11 Paid up Equity Share Capital (Face Value ₹ 2/- per Share) 121.97 121.97 121.97 121.97
12 Other Equity (excluding Revaluation Reserves) as shown in Audited Balance sheet of
the previous year 5049.33
13 Earnings Per Share (of $72/-$ each) for the period (not annualised)
- Basic
- Diluted 0.82 1.92 0.26 4.40
0.82 1.91 0.26 4.39
Notes:
$\mathbf{1}$ The above results have been reviewed by the Audit Committee and approved by the Board of Directors of the Company in their respective
meetings held on August 05, 2021.
The Statutory Auditors have carried out limited review of the Unaudited Consolidated financial results for the quarter ended June 30, 2021.
The Company, its Subsidiaries and Associates are primarily engaged in Construction / Project activities and there are no other reportable segments under Ind AS 108 "Operating Segments".
The figures for the quarter ended March 31, 2021 are the balancing figures between the audited figures of the full financial year ended March 31,
2021 and the published year to date figures up to the nine months ended December 31, 2020.
The second wave of the COVID-19 pandemic affected the operations of the Company and its impact on the operations will depend on future
developments which remain uncertain.
The Code on Social Security 2020 and The Code on Wages 2019 ("Code") received the Presidential Assent on September 28, 2020. The effective
date and related rules of the Code have not been notified. The impact of the change, if any will be assessed and recognized post notification of therelevant provisions.
Current tax for the quarter ended June 30, 2020 and year ended March 31, 2021 is after accounting of tax credit of ₹ 32.03 crores on receipt of
intimation for Assessment year 2018-19 from department.
Previous period's figures have been regrouped wherever necessary to conform to current period's presentation.
$\overline{2}$3456$\overline{7}$8 & ASSO By order of the Board
for NCC Limited
CHARTERED
BATZIBOIACCOUNTANTSœ $\mathbf{z}$
ഹിPlace: Hyderabad erab A.A.V.RANGA RAJUManaging Director

S.R. Bnrusot a AssoctATEs LLP

Chartered Accountants

THE SKYVIEW 1O 18th Floor, ,,NORTH LOBBY,. Survey No. 83/1, Raidurgam Hyderabad - 50O 032, lndia Tel : +91 40 6141 6000

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

Review Report to The Board of Directors NCC Limited

  • We have reviewed the accompanying Statement of Unaudited Consolidated Financial Results of NCC Limited (the "Holding Company") which includes 30 Joint Operations and its subsidiaries (the Holding Company and its subsidiaries together referred to as "the Group") and its associates for the quafter ended June 30, 2021 attached herewith, being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 201 5, as amended (the "Listing Regulations").
    1. This Statement, which is the responsibility of the Holding Company's Management and approved by the Holding Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (lnd AS 34) "lnterim Financial Repofting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review.
    1. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires 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 rnatters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with 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.

We also performed procedures in accordance with the CircularNo. CIR/CFDlCMD|l4412019 dated March 29,2019 issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent applicable.

    1. The Statement includes the results of the entities as referred to in Annexure I
  • Based on our review conducted and procedures perfonned as stated in paragraph 3 above and based on the consideration of the review reports of other auditors refemed to in paragraph 7 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with recognition and measurement principles laid down in the aforesaid Indian Accounting Standards ('lnd AS') specified under Section 133 of the Companies Act,2013, as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 5

S.R. Bnrusot * AssoctArEs LLP

Chartered Accountants

6. Emphasis of Matter paragraph

We draw attention to note 5 of the consolidated financial results, which describes the uncertainties and the possible effects of Covid- l9 on the operations of the Group. Our conclusion is not modified in respect of this matter.

    1. The accompanying Statement includes the unaudited interim financial results and other financial information, in respect of:
    • . 38subsidiaries and 2 branches whose unaudited interim financial results and other financial information reflecttotal revenues of Rs 212.08 crores, total net profit aftertax of Rs.5.65 crores and total comprehensive income of Rs. 5.65 crores, for the quarter ended June 30, 2021, as considered in the Statement which have been reviewed by their respective independent auditors.
    • r 4associates, whose unaudited interim financial results and other financial information reflect Group's share of net profit of Rs. 0.78 crores and Group's share of total comprehensive loss of Rs. 0.78 crores for the quafter ended June 30, 2021, as considered in the Statement whose interim financial results and other financial information have been reviewed by their respective independent auditors.

The independent auditor's repofts on interim financial results and other financial information of these entities have been furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures in respect of these subsidiaries, branches and associates is based solely on the report of such auditors and procedures performed by us as stated in paragraph 3 above.

Of these above, 2 subsidiaries and 2 branches are located outside India whose financial results and other financial information have been prepared in accordance with accounting principles generally accepted in their respective countries and which have been reviewed by other auditors under generally accepted auditing standards applicable in their respective countries. The Holding Company's management has converted the financial results of such subsidiaries and branches located outside India from accounting principles generally accepted in their respective countries to accounting principles generally accepted in India. We have reviewed these conversion adjustments made by the Holding Company's management. Our conclusion is so far as it relates to the balances and affairs of such subsidiaries and branches located outside India is based on the report ofother auditors and the conversion adjustments prepared by the management of the Holding company and reviewed by us.

    1. The accompanying Statement includes unaudited interim financial results and other unaudited financial information in respect of:
    • o 5 subsidiaries, whose interim financial results and other financial information reflect total revenues of Rs Nil, total net profit after tax of Rs. Nil, total comprehensive income of Rs. Nil for the quafter ended June 30, 2021, as considered in the statement whose interim financial results and other financial information have not been reviewed by their auditors.
    • o 4 associates, whose interim financial results and other financial information reflects the Group's share of net profit of Rs. Nil and Group's share of totalcomprehensive income of Rs. Nil for the quarter ended June 30, 2021, as considered in the statement whose interim financial results and other financial infonnation have not been reviewed by their auditors.

The unaudited interim financial results and other unaudited financial information of the these subsidiaries and associates have been approved and furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the affairs of these subsidiaries and associates, is based solely on such unaudited interim financial results and other unaudited financial information. According to the information and explanations given to us by the Management, these financial results are not material to the Group.

S.R. BATLIBOI & ASSOCIATES LLP

Chartered Accountants

Our conclusion on the Statement in respect of matters stated in para 7 and 8 above is not modified with respect to our reliance on the work done and the reports of the other auditors and the financial results/financial information certified by the Management.

For S.R. BATLIBOI & ASSOCIATES LLP

Chartered Accountants ICAI Firm registration number: 101049W/E300004

per Navneet Rai Kabra

Partner Membership No.: 102328

UDIN: 21102328AAAAEX5181

Hyderabad August 05, 2021

S.R. Berusot x AssoctArEs LLP

Chartered Accountants

Annexure-1

SI No. Name of the Entity
Subsidiaries
1 AKHS Homes LLP
2 Al Mubarakia Contracting Co. L.L.C.
aJ Aster Rail Private Limited
4 Private LimitedCSVS Property
5 & Plojects Private LimitedDhatri
6 JIC Homes Private Limited
7 Kedarnath Real Estates LLP
8 M A Property Developers Private Limited
9 Mallelavanam Propefty Developers Private Limited
10 Nagarj una Construction Company International L.L. C
ll Nagarjuna Contracting Co. L.L.C.
t2 Nagarjuna Suites Private Limited
13 Nandyala Real Estates LLP
t4 NCC Infra Limited
15 NCC Infrastructure Holdings Limited
16 NCC Infrastructure Holdings Mauritius Pte. Limited
17 NCC International Convention Centre Limited*
18 NCC Urban Homes Private Limited
t9 NCC Urban Infrastructure Limited
20 NCC Urban Meadows Private Limited**
2t NCC Urban Ventures Private Limited
22 NCC Urban Villas Private Limited**
Z) NCC Vizag Urban Infrastructure Limited
24 NCCA International Kuwait General Contracts Company LLC
25 OB Infrastructure Limited
26 Pachhwara Coal Mining Private Limited
27 PRG Estates LLP
28 Samashti Gas Energy Limited
29 Savitra Agri Industrial Park Private Limited
30 Siripada Homes Private Limited **
31 Sradha Real Estates Private Limited**
32 Sri Raga Nivas Property Developers LLP
al JJ Sri Raga Nivas Ventures Private Limited
34 Sushanthi Housing Private Limited
35 Sushanti Avenues Private Limited
36 Sushruta Real Estates Private Limited
37 Talaipalli Coal Mining Private Limited
38 Thrilekya Real Estates LLP
39 Vaidehi Avenues Limited
40 Vara Infrastructure Private Limited**
4t Varma Infrastructure LLP
42 Vera Avenues Private Limited
)$3 VSN Property Developers LLP

S.R. Barueot * AssoctArEs LLP

Chartered Accountants

Sl No. Name of the
Associates
1 Pte. Limitedus Coal and
2 Brindavan InfrastructureLimited
J Private LimitedEkana
4 Private LimitedGreen
5 FacilitiesN'Services L.L.C.
6 Paschal Form WorkPrivate Limited
7 Tindivanam TLimited
8 Varaprada Real Estates Private Limited

* Struck off from the register of companies w.e.f June 22,2021 ** Struck off from the register of companies w.e.f April09,202l

PRESS RETEASE

Consolidoted:

On o consolidoted bosis, the Compony hos reported o turnover of t 2083.21 Crore (including other income) in the first quorter of finonciol Yeor 2021-22 os ogoinst ( l328.Zl Crore in the corresponding quorter of the previous yeor, resulting on lncre<rse of 577" ln Tumover. The Compony hos reported EBIDTA of t 211.25 Crore ond o Nel Proffl ottrlbuloble lo Shoreholders of lhe Compony of t 49.95 Crore os ogoinst < 124.82 Crore ond ( 15.68 Crore respectively reported in the conesponding quorter of previous yeor, on lncreose ol 6?7" ln EBIDTA. The Compony hos posted Bosic & Diluted EPS of < 0.82 for first quorter os ogoinst Bosic & Diluted EPS of ( 0.26 in conesponding quorter of the previous yeor.

Slqndolone:

NCC Limited [NCCL] ochieved o turnover of t I9lI.92 Crore (including other income) in the fint quorter of Finonciol Yeor 2021-22 os ogoinst ( l2l 1.41 Crore in the corresponding quorter of the previous yeor, on increose of 58% on yeor-onyeor bosis. The Compony hos reported EBIDTA of T l?9.68 Crore ond o Nel Proffl of ( 51.68 Crore os ogoinst t 115.63 Crore ond t 16.?3 Crore reported respectively in the coresponding quorter of the previous yeor. The compony hos posted Bosic & Diluted EPS of ( 0.85 for the fint quorter os ogoinst Bosic & Diluted EPS of E 0.28 in the corresponding quorter of the previous yeor.

ln the first quorler of 2021-22, the Compony hos secured orders oggregoting to t 3171 Crore {including chonge in scope) ond the Order Book sfood of ( 39087 Crore os on 30.06.2021.

For NCC Limited

( 6<2<pq A.A.V.Rongo Roju Monoging Direclor t

Ploce: Hyderobod Dote :05.08.2021