Ngc

August 12, 2016

The Secrehry
National Stock Exchange of lndia Ltd
5h Floor, Excfrange Plaza,
Bandra - Kurla Complex,
Bandm (E), MUMBAI - 500 051.
Fax No: A22-2659 8237 I 38

The Secretary
Bombay Stock Exchange Ltd,
1$ Floor, Nar Trading Ring
Rotunda Building, P J Towers
Dalal Street, Fort

MUMBA!-4m001.
Fax : O2.-22722037139

Dear Sir(s),

Sub: Un-Audited Financial Results (standalone) forthe Qr,nrbrended 30{16-2016

Ref

Scrip Code- BSE00294 & NSE- NCC

ln compliarpe with Regulation 33 &

30

of the SEBI (Lasthg Obligatbns and Disclosure

Requirements), Regulations, 2015, r/ve are enclosing herewith the Un-Audited Financial Results
(standalone) for the Quarter ended 30* June, 2016 (u'hich have been revianed by the Audit
Committee and approved by the Board at its meeting held today i.e.,12n August,2016
and also the Limited Revierr Report fumished by the Joint Statutory Auditors of the Company.
We are also fonuarding herewith the press release being issued in this connection. The meeting
of the Board of Directors of the Company @mmenoed at 12.00 noon and concluded at2.30 p.m
We wouH request you to pbase trake on rccord the above and post the same on your website
for dbsemination to your members and invesbrs.
Kindly acknowledge the receipt.
Thanking you,
Yours faithtully
FoTHCC UHITED,

MV

Gompany Secretary & E\rP (L)

Encl : As above

NCC

Limited

(Formerly Nagarjuna Construction Company Limited)

CIN: 172200AP1990P1C011146

NCCHouse,Madhapur,Hyderabad5OOO8l T+914023268888 F+914023725555 ncclimited.com

HSC
NCC Limited
CI

N:

L7 2200 AP

19 90 P

LCO

LLl46

Registered Office: NCC HOUSE, Madhapur, Hyderabad-S00 081, Tel : 040-23268888, Fax: 040-23125555, email : ncc.ho@nccltd.in Website :

m.ncclimited.com

STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FORTHE QUARTER ENDED 3OTHJUNE,20T6

(

QUAR'fr:R IiNDtil)

Particulars

Sl no

in Crores)

30.06.2016

31.03.2016

30.06.2015

Unaudited

Audited

Unaudited

Audited

(Refer Note 1(a))

(Refer Note
1(d) & 4)

(Refer Note 1(b))

(Refer Note 1(d))

3r.03.2016

lncome from Operations

r) Net Income from Operations

r) Other Operating Income

fotal Income from Operations (net)

2

YI"],\II I.:NDLiI)

1889.99

2"++6.18

1697.92

11.15

5.98

21.(t(

61.7!

1901.14

2+52.16

1722.52

ti325.1t

3861.9-

t]2(r3.-l'1

Expenses
r) (.,ost of Matcrials Consumed
>) Changes

in invcntories of rvork in progress

:) Construction [i.xpenses

798.41

993.(){

917.8t

(8s.30)

8().27

(18e.60)

3ti.9(

229.21

2-+5.5(t

187.+f

839.6(

666.30

80-+.87

5()2.9f

23h.11

timployee benefits expense

76.95

77.+3

(t9.1.2

301.O:

Deprcciation and amortisation c\pense

27.74

27.4'7

27.1,1

1()9.9(

49.71

+1.9{

+6.3t

21t.1:

r763.14

2270.52

7591.32

7(r97 .7 -

J) Sub-

contractor rvork bills

$ Other l:xpcnscs

fotal Expenses
Profit from operations before other income, finance costs and exceptional items (1-2)
. )ther Incomc

138.00

181.6-l

't31,.21

627.11

-t

28.62

51.+6

52.7a

1,9(t.1\

Profit from ordinary activities before finance costs and exceptional items (3+4)

166.62

233.11)

183.e5

823.1)1

13().26

l2(t.61

5()7.6(

102.tt{

57.3:

-)

(t

flinancc costs

93.98

Profit from ordinary activities after finance costs but before exceptional items (5-6)

72.64

316.31

(20.32)

(20.32'

L,xccptional Itcms (net)

Profit from ordinary activities before tax (7+8)

72.64

82.52

57.34

1()

['ax expense

20.30

12.+7

15.92

73.1-

11

Net Profit from ordinary activities after tax (9-10)

52.34

7().05

-+1.+:

222.8:

12

Sther comprehensive income (after tax)

13

Net Profit for the period after comprehensive income (LL+12)

60.86

70.05

48.3t

222.8!

1+

Paid

111.19

111.19

111.19

111.11

0.94

1.26

0.74

l5

\:alue

(t.91

8.52

up [r.quin' Share Capital

liarnings Pcr Share (of 72/ - each) (not annualiscd)
(ljace

3/-

per Share)

Basic and Diluted

295.9t

+.()1

Accounting Standards (lnd AS), as notified undet the Companies ( Indian Accounting Standards) Rules, 201 5, are applicable to thc Company fot periods commenciog on or
()1,2016.'t'he results for the quarter endedJune -it),2()16 are as per the n<>tified Ind AS.

Indiu

(-ompanv and have been preparcd in accordance rvith the Companies (Indian Accounting Standards) Rules, 2015

rcconciliation bcnvecfl the ploflts

(cported eatlier and the lod AS recrot prcfits for the <1utcr endedJune 3{),2{)15 is girrcn belorv
ln

for the quarter ended June

Profit
l'.

value

ffcct

Acruarial
t-.ffcct

2015
0.

in o thcr c gmprghen 1 iyg11ggng__

on

of

___

for borrorvings

Dcfcrred ta\ ()fl abor-e 15lius!1nc1ts

recast to Ind AS for the

2015

of Ind AS compliant financial rcsults for thc <luartet and ymr ended March 31, 201(r, not bcing mandatory, arc in accordance with Accounting Standards notificd under the
(r\ccounting Standards) Rulcs, l0()6 and are as reported carlier.

)
carricd out a limited revicrv of tesulhi for the quarter cndcd J une 3{), 201 6
-)

companv's opentions primatilv consists o[(]onstruction

Project rctirities and therc arc no other reportable se'gments undcr Ind AS 1{)8 "Opctating Sc'gments".

figures up to the Nine months cndcd l)cccmber:i1,2(]1

{\.1:

[lr,derabad
:12.08.2016

ChartBrrld
Acco ri ri ta n ts

{:!-iir,n-ii:

Li

for NCC

illt

(.' j
.

By Order o[ the Board

lu

F\

$dffiffi

Limited

ql\s.afq \
A.A.V.RANGA RAJU
Nfanagrng l)ircctor

M. Bhaskara Rao & Co.

Deloitte

Chartered Accountants
5D, Fifth floor
5-3-,552, Somajiguda
Hyderabad - 500 082

Haskins & Sells

Chartered Accountants
1-g-394 & 3g5 ,3',d Floor

GowraGrard,SPRoad,
Secunderabad - 500003

INDEPENDENT AUUTORS' REVIEW REPORT ON BEVIEW OF INIERIM FINAI{CIAL RESUTNi

TOIHE BOARD OF DNECTOE OF

tcc uilmD

1.

We have reviewed the accompanying Statement of Standalone Unaudited Financial Results of

NCC UMITED ("the Company'') for the Quarter ended June 30, 2016 ("the Statemenf), being
submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Usting
Obligations and Disclosure Requirements) Regulations, 2O15, as modified by Circular No.
ClRlCFDlFACl62l2O16 dated July t 2016. This Statement which is the responsibility of the
C-ompanls Management and apprwed bythe Board of Directors, has been prepared in accordance
with the recognition and measurement principles laid down in lndian Accounting Standard 34
"lnterim Financial Reportingi' ("lND AS 34"), prescribed under Section 133 of the Companies Act,
2O13 read with relevant rules issued thereunder and other accounUng principles generally
aeepted in lndia. Our responsibility is to qpress an opinion on the Statement based on our
rwiew.

2.

We conducted our review of the Statement in accordance with the Standard on

Review
Engagements (SRE) 2410 "Review of lnterim Financial lnformation Performed by the lndependent

Enti!/, issued by the lnstitute of Chartered Accountants of lndia. This Standard

requires that we plan and perform the review to obtain moderate assurance as to whether the
Statement is free of material misstatements. A revierr is limited primarily to inquiries of Company
personnel and anah/ffcal proedures applied to financial data and thus provides less assurance than
an audit. We have not performed an audit and, accordingly, we do not atpress an audit opinion.

Auditor of the

3.

Based on our review conducted as stated above and based on the consideration of the reports of
the branch auditoo for Oman, Nepal and Sri Lanka branches, nothing has come to our attention
that causes us to believe that the accompanying Statement prepared in accordance with the
aforesaid lndian Acounting Standards and odrer accounting pdnciples generally acoepted in lndia,
has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI

(Listing Obligations and Disclosure Requirements) Regulations, 2015, as modified by Circular No.
it is to be disclosed, or

CIR/CFD/FAC/62|2OIG dated July 5,2Ot6, including the manner in which

that it contains any material misstatement.

4.

We have not rsiryed the financial results and odrer information for the qmrter ended
June 3Q 2015 which have been presented solely based on the financial information compiled by
the Management.
For DELOITTE HASKINS & 5E1JS

For M.BHASKARA RAO & CO

Chartered Aaountants
(F irm's Registration No.OO&[59S]

11^

Chartered Accountants
(Firm's Registration No.m8O72S)

*"-

M. Bhaskara Rao
Partner
Membership No.

r,".:
i
\t

Cha;Tri.,ld

-; i Acccrir;l;rnts

lfierab.d, August L2, 2OL6

--l

r,c,)T.:i?tl.,I
r?

-r

lLL,

it

M, Ramachandran

Partner
Membership No. 16399

ttrcreb.d, Augtst

L2, 2AL6

Nqc
PBHS-$ REIEASE

Stondglgne;

NCC Limited [NCCL] ochieved o turnover of t1929.7 Crore (including other

income) in the ls, quorter of the cunent yeor 201G17 os ogoinsl <1775.2 Crore in
the conesponding quorter of the previous yeor resulting in o growlh ol&.7o7".The
Compony hos reported

EBIDTA

of tL65.7 Crore ond o Nel Proflf of t52.3 Crore os

ogoinst ?158.3 Crore ond t4L.4 Crore reported respeclively in lhe conesponding

quorter of the previous yeor resulting in on increose of 26% in net profil. The
compony hos posted on EPS of ( 0.94 for lhe I't quorter os ogoinst EPS of T0.75 in
lhe conesponding quorter of the previous yeor.

ln the first quorter of the cunent yeor, the Compony hos secured substontiol
ordem oggregoting to t 3620 Crore ond the Order Book stood of t L9045 Crore
os of the end of the quorter. There is o growth in lhe Order Book by 8% in the firsl

quorter ot2016-17.
For NCC Llmlled

AABe \

Ploce: Hyderobod
Dote : 12.08 .201 6

NCC

A.RANGA RAJU
,I,IANAGING DIRECTOR

Limited

(Formerly Nagariuna Construction company Limited)

Cl N

: 172200AP1990P1C011146

NCC House, Madhapur, Hyderabad 5OO

081

T +91 40 2326

8888

F +91

40 2312

5555 ncclimited'com