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Outcomeboardmeeting11022025 11022025161821

On February 11, 2025, the Board of Directors of NBCC (India) Limited approved the unaudited financial results for the quarter and nine months ending December 31, 2024, and declared an interim dividend of Rs. 0.53 per equity share for FY 2024-25. The record date for dividend eligibility is set for February 18, 2025. The financial results and the auditor's review report are enclosed and available on the company's website.

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0% found this document useful (0 votes)
11 views19 pages

Outcomeboardmeeting11022025 11022025161821

On February 11, 2025, the Board of Directors of NBCC (India) Limited approved the unaudited financial results for the quarter and nine months ending December 31, 2024, and declared an interim dividend of Rs. 0.53 per equity share for FY 2024-25. The record date for dividend eligibility is set for February 18, 2025. The financial results and the auditor's review report are enclosed and available on the company's website.

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mihirnjayswal84
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Ref.

No: NBCC/BSENSE/2024-25 February 11, 2025

नेशनल टॉक एक्सचज ऑफ़ इंिडया िलिमटे ड बीएसई िलिमटे ड


एक्सचज लाजा, िफरोज जीजीभोय टॉवर,
लॉट नंबर सी/1, जी लॉक, दलाल ट्रीट,
बांद्रा-कुलार् कॉ लेक्स मुंबई -400001
बांद्रा (ई)
मुंबई 400051
एनएसई प्रतीक: एनबीसीसी/EQ ि क्रप कोड: 534309
National Stock Exchange of India Ltd.
Exchange Plaza, BSE Ltd.
Plot No C/1, G Block, Phiroze Jeejeebhoy Tower,
Bandra –Kurla Complex Dalal Street,
Bandra (E) -Mumbai-400051 Mumbai-400001

Sub: Outcome of the Board Meeting dated February 11, 2025- Unaudited Financial
Results (Standalone and Consolidated) for the quarter and nine months ended
December 31, 2024 and declaration of Interim Dividend for FY 2024-25

Sir,

This is to inform that, the Board of Directors of the Company at its meeting held today,
i.e., February 11, 2025, inter alia:

1. approved the Unaudited Financial Results (Standalone and Consolidated) of the


Company, for the quarter and nine months ended December 31, 2024. The Financial
Results and Statutory Auditor’s Limited Review Report thereon are enclosed.

2. declared Interim Dividend for the Financial Year 2024-25 of Rs. 0.53 /- (i.e. 53%) per
equity share of Rs. 1 each.

As intimated, vide our letter no. NBCC/BSENSE/2024-25 dated February 3, 2025,


Tuesday, February 18, 2025 is the record date for ascertaining eligibility of
shareholders for payment of interim dividend. The interim dividend would be paid within
the period as stipulated in the Companies Act, 2013.

04:05 p.m.
The Board Meeting commenced at 03:00 P.M. and concluded at …………..

The same is available on the website of the company-


https://www.nbccindia.in/webEnglish/BoardMeetingNotices

This is for your information and record.

Thanking You
Yours Sincerely,
For NBCC (India) Limited
DEEPTI
Digitally signed by DEEPTI GAMBHIR
DN: c=IN, o=PERSONAL, title=4954,
pseudonym=9b6f6f2a254146b0a779612c4e264045,
2.5.4.20=b58c99a874c5af9a9754df40913a3e6bc81e
49933d5e7666983a9a39c8c41e25,

GAMBHIR
postalCode=110015, st=Delhi,
serialNumber=901a6a6f3884f74670d016fdc4ea958
bd31702d3ebbe9af408f85f80042303d9, cn=DEEPTI
GAMBHIR
Date: 2025.02.11 16:06:36 +05'30'

Deepti Gambhir
Company Secretary
Encl: As above F-4984
AurobindoTower
M & ASSOCIATES LLP 81/1 Third Floor

Adchini, AurobindoMarg
CHARTERED ACCOUNTANTS
NewDelhI 110017INDIA
www.asaandassociates.co.in T +91 114100 9999

nme Square
FourthFloor
Block B, Sushant Lok1

Gurugnm
T 122002
+91 1244333 100INDIA

Independent Auditorls Review Report on Unaudited Standalone FinancialResults of NBCC


(India) Limited for the Quarter and Nine Months Ended December31, 2024 pursuant to the
Regulations 33 of the SEBI (Listing Obligation and Disclosure Requirements)Regulation
2015, as amended

Review Report
To the Board of Directors
NBCC (India) Limited

1. We have reviewed the accompanying statement of Unaudited Standalone Financial Results ("the
Statement") of NBCC(India)Limited ("the Company") for the quarter and nine months ended
December 31, 2024, being submitted by the Cnmpany pursuant to the requirements of Regulation
33 of the Secul{ties and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015, as amended ("the Listing Regulations") .

2. The Statement, which is the responsibility of the Cnmpany’s Management and approved by the
(u)mpany'sBoard of Directors,has been prepared in accordance with the recognition and
measurement principles laid down in the Indian Accounting Standard 34, Interim Financial
Reporting ("Ind AS 34") prescribed under section 133 of the CnmpaniesAct, 2013 ("the Act") as
amended, read with relevant rules issued thereunder and other accounting principles generally
accepted in India and in compliance with Regulations 33 of the Listing Regulations. Our
responsibility is to express a conclusion on the Statement based on our review.

3. We conductedour review of the Statement in accordance with the Standard on Review


Engagements(SRE) 2410 "Review of Interim FinancialInformation Performed by the
IndependentAuditor of the Entity" issued by the Institute of Chartered Accountants of India
("ICAI'’). This standard requires that we plan and perform the review to obtain moderate
assurance as to whether the Statement is free from material misstatement. A review of interim
financial information consists of making inquiries,primarily of the Cnmpany'spersonnel
responsible for financial and accountingmatters and applying analytical and other review
procedures. A review is substantially less in scope than an audit conducted in accordance with
Standards on Auditing specified under section 143(10) of the Act and consequently does not
enable us to obtain assurance that we would become aware of all significant mattersthat might be
identified in an audit. Accordingly, we do not express an audit opinion.

4. Based on our review conducted as above, nothing has come to our attention that causesus to
believe that the accompanying Statement, prepared in accordance with the recognition and
measurement principles laid down in the aforesaid Indian AccountingStandards ("Ind AS")
specified under section 133 of the Act as amended,read with relevant rules issued thereunder and
other accounting principles generallyaccepted in India, has not disclosed the information required
to be disclosed in terms of Regulations 33 of the Listing Regulations, including the manner in
which it is to be disclosed, or that it contains any material misstatement.

>IS a;

C/)
sr rF
<
AccoV;its D

Ahmedabad • Bengaluru • Chennai • Gurugram• Hyderabad • Kochi• Mumbai• New Delhi


bN
5. Emphasis of Matters

We invite attention to the fonowhlg matters in the notes to the Unaudited Standalone Financial
Results:

(1) Note No. 5 regarding the purchase of a Group Housing plot in Naya RaipurfromNaya Rarpur
Development Authority MDA) on lease in the year 2014. The Company has incurred a total
cost of Rs. 2,195.35 Lakh. The lease deed/conveyance deed shall be executed between the
owners association/housing society and NRDA as per the terms of the development
agreement. However, the construction on the said land is yet to start.

(iD Note No. 6 regarding the non-execution of the lease deed in favour of the Company andother
matters incidental thereto, in respect of the land at Faridabad (Haryana), forming part of the
land bank (inventory) involving, in aggregate,a sum of Rs. 13,178.41 Lakh.

(iii) Note No. 7 regarding payment by the Cnmpany to Land & Development Office, Ministry of
Housing and Urban Affairsas additional premium for availing additional ground coverage at
(nmpany’sbuilt up and sold project “NBCC Plaza”and incurring of otherconstruction cost
and consequential expenses thereon for project which is stuck up on account of similar
demand of Rs. 3,224.45 Lakh, raised by Municipal Corporation of Delhi (Erstwhile South
Delhi Municipal Cnrporation) in respect of additional ground coverage, in the year 2015.

(iv) Note No. 10 regarding developed realestate projects in Alwar costing Rs. 5,806.44 Lakh up
to December 3 1, 2024. The Company initiated the sale of the project in year 2014- 15, however
no sale could be effected. The net reahsablevalue of the project has deteriorated, and the
Companyhas made a provision of Rs. 737.33 Lakh towards impairment.However, the
Company is in process of inviting and initiating bulk salesthrough e-auction and bidding.

(v) Notes No. 11 & 12 which describes significant developments concerning the Cnmpany’s
residentialreal estate project at NBCC Green View, Sector- 37 D, Gurugram, which had
exhibited structural cracks and related to the reconstructionof the flats/units to the
homebuyers/allottees and refund the amount with interest to them.

Based on the N(=DRC orders dated March 05, 2024, andApril 16, 2024, the (nmpany’s Board
approved a settlement process for allottees, involving refundswith interest or reconstruction
of flats/units. Upto March 31, 2024, the Cnmpany recognized total provisions and write-off
of Rs. 45,302.13 lakh for the project. For the quarter and nine month ended December 31,
2024, the Company incurred project- related expenses of Rs. 674.17 lakh andRs. 20,529.94
lakh, respectively, including buybacks, refunds and stamp duties, offset by inventory write
downs and provisions reversals.

Additionally, a recovery suit of Rs. 75,000 Lakh and 20 other litigations are ongoing. As the
outcomes are uncertain, no additional provisions have been recognized as of December 31,
2024

(vi) Note No. 13 in respect of the demand of ValueAdded tax including interest and penalty
(DVAT Demand) for Rs. 40,480.01 Lakh has been set aside by Hon’ble Appellate Tribunal
and remanded back for recalculation of the said tax liability vide its order dated November 10,
2022, hence contingent liability is not ascenainabIe as at December 31,2024.

Qur conclusion is not modified in respect of the abovematters


by 1c)e

red
Acc
6. Other Matter
AS\
The (r)rnpany does not have the requisite number of Independent Directors as required under
the provisions of the Companies Act, 2013 and Regulation 18(1) of the Listing Regulations, so as
to validly constitute its Audit Committee w.e.f. November 21, 2024. However, the Company has
constitutedan Audit Cnmmitteecomprising of two GovernmentNominee Directorsand two
Wholetime Functional Directors. The Unaudited StandaloneFinancial Resultsfor the quarter and
nine months ended December 31, 2024, have been reviewedand recommended by the said Audit
Cnmrnittee and approved by the Board of Directors of the Cnmpany. (Refer Note 1 to Notes to
Standalone Unaudited Financial Results).

Our conclusion is not modified in respect of the above matter.

For ASA& AssociatesI ,LP


Chartered Accountants
on No. 00€ 57rN/N500006

{}Lo£$ f:
\n
Chartered \r
Parveen Kumar
C/)
a\ Accountants b r
Partner
Membership No. 088810
UDIN:25088810BMFUM1345

Place: NewDelhi
Date: February 11, 2025
NBCC (INDIA) LIMITED
e A Navratna Company
Wc idress: NBCC Bhawan, Lodhi Road/ NewDelhi-110003
CIN : L74899DL1960G01003335

? in Lakh
Star;mr
Particulars I YearEngM

1. Income
I
31.12.202473
at A„dit,d) 31.03.2024

ML
(a) HmEGm= 2,04,777.28 1,86,490.39 1,91,860.40 S,54,001.40 5,01,872.56 8,05,062.22
b) e
5,842.18 7,840.78 4,636.23 17,534.90 16,398.81 20, 119.00

2.
O
X
no 19.46 W9 .17 9 63. 7 _5,18,271.37 8,25,181.22

(a) nnr-cmmmMam;;i
(b)
(C)
e of
I Work & Consultancy expenses
miMR 834.41
1,71,694.05
14.29

4,497.88
1,56,969.19
0.05
2,063.68
1,71,039.04
28.10

7,271.72
4,72,529.64
295.70
5,246.68
4,48,341.19
397.49
9,502.00
7, 14, 122.76
(d) : efits expenses 6,619.78 6,680.59 6,325.88 20,007.74 18,928.95 25,219.42
(e) Finance Costs 0.06 0.71 0.45 1.00 1.73 2.08
(f) @reciation and arrma=iFam 60.95 57.50 48.94 174.38 142.51 194.93
Ug IOtherExpenses 14,283.74 10,509.21 2,200.40 27, 170.72 5,181.87 11,736.82
o 2
3.
sc
ba (1- 2)
1,93,492.99

17,126.47
L78,729.37
15,601.80
WA.44
14,818.19
0

44,353.00
4,78, 138.63

40, 132.74
7,61,175.50

64,005.72
4 FExceptional Items (Net) 2,252.27 8,791.46 18,356.61
5.
r 17,126.47 15,601.80 W5.92 44,353.00 31,341.28 _45,649.11
6. ITax Expense
(a) L 2,942.76 1,756.00 403.89 4,698.76 5,459.33 10,019.72
(b) Deferred Tax 940.03
(C) e r-;iii 383.95
1,476.14
(0.08)
2,807.51 S,378.19
383.87
2,063.11
(388.17)
1,581.30
(388.17)
7. e leriod (5 - 6) 12,859.73 9,367.24 33,892.18
8.
Q2 69.74 a207.01 U36.26
e ensive Income (Net of Tax Expense)
(a)(i) Itemsthatwill not bereclassified to Profit or-Fo; 3
(a)(ii) Incometax relatingto items that will not be reclassified to
924.39
Profit or Loss
(b)(i) Itemsthatwmcm === U3 268.63 399.86 638.09
(b)(ii) Incometax relating m;;i=lmim-immi;mm 94.24
I55.54)
13.98 (67.61)
a4
111.74 (100.64) (160.59)
or Loss

no
Paid up Equity ShareCapital (Face Valueof ? 1per ';M d2 9.54 12,328.18 9,568.26 33,559.96 24,506.23 32,165.26

27,000.00 18,000.00 18,000.00 27,000.00 18,000.00 18,000.00

11 mr Equity 1,95,899.62
12. S

IManths) (Refer Note 4)

(a) a 0.48 0.46 0.35 1.26 0.90 1.28


K) I 0.48 0.46 0.35 1.26 0.90 1.28

1 PresentIY/ there is no Independent Director on the Board of the Company. The Company has constituted the Audit Committee comprising of two Government
Nominee Directorsand two Wholetime Functional Directors. The above results havebeen reviewed & recommended by the said audit committee and approved by the
Board of Directors of the Company in their respective meetings held on February11, 2025,
2 The statutory auditors of the company have carried out the limited review of these standalone financial results as required under Regulation 33 of the SEBI (Listing
Obligations and DisclosureRequirements) Regulations,2015; as amended. The statutory auditors have expressed unmodified conclusion

3 The Board of Directors in its meeting held on February11, 2025 have declared Ist Interim Dividend of ? 0.53 per share (face Value of ? 1,00 per share) for the financial
year 2024-25

4 The Company hasissued 90,00,00,000 equity shares of ? 1.00 each as fully paid bonus sharesin the ratio of one equity shareof ? 1.00 each for every two equity shares
held on record date of October 7, 2024. This hasbeen considered for calculating weighted average number of equity sharesfor all comparative periods presented as
per Ind AS 33. In line with the above,EPS(basic and diluted) have been adjusted for alE periods presented. EPSwithout adjusting for bonus sharewould have been as
under. Additionally, the company hasincreased the Authorized Share Capitalfrom ? 20,000 lakh to ? 100,000 lakh

Quarter Ended on NineMonthsEnded on


Particulars
31.12.2024 30.09.2024 31.12.2023 31.12.2024 31.12.2023
-E-arnings Per Share beforeBonus o
for the Q rter and NineMonths
Basic (in ? 0.71 0.69 0.52 1.34
Diluted (in ?) 0.71 0.69 0.52 1.34

}# 0:

Acc ants
5

:evFlopmentagreement signed betwee' th' c'mp''y ''d NRDA ”e f,Ifill,d. Howe,„, the const,uctionon the said 1a,d was kept in abeyanc::;l:':o=p=:y ;=

6
ID::TTpanY purchased a freehold Plot admeasuring 16,753-99 Sqm' for group housing in open auction from Municipal Corporation of Faridabad (MCF) in the year
5013.' The companYhas paid full consideratiDn and has taken the possessionof land. The Company incurred total cost ,ft 13178.41 L,kh (1,,1,dt„g p,.„isi., .f St,mp
Duty)UP to December 31, 2024 (? 13178.41Lakh.pt, Ma„h 31, 2024).Th, ,.mp,.y h„ b,,. p„„i.g MCFf., ,,,,,ti,, ,f I„„ d,Ld b,t tiii Late ;ie's-a'i;J=
not been executed for wantof environmentclearance. The company hasappliedfor environmentclearance for which obtainingNOC fromForestDepartment i;
necessarY' AccordingIY,the companY applied for NOCfrom Forest department, however the same is denied on the ground that “the criteria for clarification of deemed
forests is pending beforethe Hon’ble SupremeCourtandGovt.of Haryana hasnot ide„tified d,emed fo,e,t,”. The Company hastakenup the matte,with
Gov.ernrnent of HarYana to either issue necessarY instructions to Forest Department for issuing of NOC as required for Environmental Clearance or refund the amount

3 : i e dw:tUn : n; ; /r e;i ; ; }: : = =ypar : :i fu tToene tj : 3 :: :: : :re : 7 : cS : gIrl C= = = = = IT:o =:d=::i:sel:fof=:tuJ : roLlto : FiT l:enpJT:::it := :: str: SJ : = =di: u;aTi: : : TLd::: =
: =
regarding the same are not mentioned in the Allotment letter of the said land parcel

Further request has also been sent to Commissioner/ MCF vide letter dated October 31, 2023 to conduct a joint meeting with Forest Department/ M(.„'Fand NBC(,.-„
officiajs to resolve the long pending issue at the earliest. In this regards, MCF intimated to NBCC vide letter dated January 02/ 2024 (receivedon Janua ly 25/ 2024) that
there is no responsibilitY for granting NOC bY Forest Department and same shall beobtained at NBCClevel. In response of said letter of MCF/ NBCChas again written a
letter datedFebruarY 06, 2024 andemaildatedApril12/ 2024 to resolve the issue on priority.Onceagainthe Company haswritten to MCF (letter datedMay 30,
2024) and has requested MCFto resolve the matter of pending NOCs.Also/ Fequested to schedule a meeting with all stakeholders in order to arrive on asolution
Further, NBCC again requested to The Commissioner & SecuritY ULB on October 17, 2024 for resolution of pending issue or refund the deposit amount with interest
In this regard, the response is awaited

The Net Realisable Value of the said land Inventory had deteriorated and the company has made provision of ? 1073.66 lakh towards impairment upto December 31
2024 (? 1073-66 lakh upto March 31, 2024). ' ' '

7
The companY has undertaken a project for construction of “Additional Shopping cum Car Parking Blocks" in “NBCCPlaza” at Pushp Vihar, New Delhi and has paid a
sum of ? 3021'78 Lakh to Land & Development Office (L&DO), Ministry of Housing & Urban Affairs (MoHUA) in the year 2010 as addittona1 premium for availing
additional ground coverage (FAR). However, later Municipal Corporation of Delhi (MCD) erstwhile South Delhi Municipal Corporation (SDMC), vide its letter dated Ma;
20f 2015/while approving the building plans subject to compliance of few conditions, demanded additional FAR chargesamounting to ? 3224.45 Lakh. The M(.-Dalso
stayed the construction till the time, said amount is paid to them. Since the company had already deposited the said amount with L&DO/it represented the matter to
MCD as well as L&DO, at different forums. During the year 2021-22/ MoHUA has informed the company that MC.Dmay only recover charges other than additiona1 FAR

charges’ if anY' MoHUA also directed MCD to release the sanctioned building plan to companY at the earliest. However, the MCD is still insisting for payment of
additional FARof ? 3224.45 lakh to sanction building plan. A Joint meeting was held on July 04/ 2022 which was attended by all the stakeholders (L&DDr NB(_(.., DDA &
MCD> to deliberate on the issue. It was concluded that MCD should be entitled to such Additional FARcharges and the amount already paid towards additiona1 FAR
charges shallbe returned bY L&DO to the companY so that requisite amount demanded bY MCD could be paid. The Company has taken up the matter with L&DO to
refund the said amount. However, L&DO vide letter dated May 22, 2023 has refused to refund the amount paid by the company. The Company has again requested to
L&DO vide letter dated May 26, 2023 to settle the matter as additional FARcharges already been deposited with L&DO and additional demand of MCD for ? 3224.45
Lakh shall be dual charging of same component by two different authorities, for the same purpose. Accordingly MCI...)may be directed to withdraw its demand and
release the sanction plan' Further a meeting held on October 11/ 2023 between L&DO and management of NBCC to resolve the issue. The company has once again
reiterated itsrequest to L&DO in a letter dated April 24, 2024 to settle the matter. Further/ a meeting held on July 10, 2024 in the office of Additional Commissioner
(Engg')/MCD wherein MCDr L&DO and NBCC officials were present and MCD assuredto apprise and involve their higher authorIty to resolve the issue
In addition to the above,the companY has incurred a sum of ? 1718.84 lakh on construction of the project till December 31r 2024 (? 1718.84 lakh upto March 31.
2024)' The Net RealisabFe Value (NRV>of the project had deteriorated and the company has made provision of ? 634.53 lakh towards impairment upto December 31
2024 (? 634'53 lakh UPto March 31/ 2024)- The CompanY hasreversed impairment provision of ? NIL lakh during the quarter and nine months ended on December 31
2024 (P.Y. 2023-24 ? 9.31 lakh) on account of increase in Net Realisable Valueas per valuation done by IBBI Registered Valuer.

8 The companY has constructed Group Housing Real Estate project at Kochi, Kerala comprising of 3,20,216 Sq.ft. residential and 4424 sq. ft. commercial area. The
companY has incurred a total cost amounting f 8732.68 lakh there on UPto December 31, 2024 (? 8722.60 lakh upto March 31/ 2024). The sale in the project was on
hold for want of environmental clearance (EC)andother necessarystatutory approvals. However, RERA registrationfor the project hasbeen received on the basis of
available documents. The damage assessment plan has been submitted on November 23, 2022 and case was discussed in 137th SEAC (State Expert Appraisal
Committee)meeting held on 24th and 25th January, 2023 for issuing the environmental clearance (EC). SEAC also inspected the project site in respectof
environmental clearance (EC) on March 31, 2023

Based on said inspection/ SEAC had asked to submit revised EIA along with damage assessment plan through Parivesh portal. The revised damageassessment plan was
submitted online and casewas considered in 145th SEAC meeting held on June 191 2023.The minutes of 145th meeting was received on July 03/ 2023 wherein the
committee hasasked to provide some modification in the remediation plan submitted. Accordingly, the revised documents were submitted on Parivesh Portal on July
07, 2023-The project was discussed in 147thSEAC meeting held on July 21, 2023.Minutes of 147thmeeting received on August 01/ 2023 wherein the SEAC has
recommended to grant Environmental clearance for a period of 7 years. Accordingly, Company has madea total provision of ? 177.19lakh during the year ended on
March 31/ 2024 (towards penaltY and expenditure etc. required to be incurred in three consecutive years on the activities as per direction from SEAC)
Further/ MinistrY of Environment, Forest and Climate Change vide OM dated January08, 2024 announced that, Hon’ble Supreme Court in W,P.(C) No 1394/2023
dated January02, 2024 titled Vanashakti vs. Union of India, has stayed the operation of both the office memorandum dated July 07/ 2021 and January 28/ 2022 issued
by the Ministry until furtherorders. As a resultof this obtainingof Environmental clearance is on hold till furtherorder. Further/ the matterhasbeen heard in the
SEIAA meeting held on 29th and 30th January 2024. The Authority (SEIAA} discussed the casein detail and decidedto delist the application for time being till further
order from Hon'ble Supreme Court and informed the detail to the Project Proponent
Additionally, The Company have impleaded and prayed that the Hon'ble Court be pleased to allow the present application, and pending the adjudication of Writ
Petition (Civil) No. 1394 of 2023, titled "Vanashakti v. Union of India," in which we have been impleaded, direct the State Level Environment Impact Assessment
Authority (SEIAA), Kerala, to issue an Environmental Clearance(EC) to the project "Valley View Apartment, Ambalamedup KarimugaF P.O.Kochi/ Kerala, andpassany
other necessary orders or directions ur ed fit and proper. The order is still awa

acl
ered
nts

LH\-\
9

TMuenT= :a: ::
a uenxc= F : Ill ; ) : T: : :: t:o: :jae= = : sa cl:: : 1: at Le ClarE : II :nn::reu :TJ : ::: : : : e: : :: :: = :iT : IT; nw:Ttl : : :: : trI : :: : : Iol:: r = = = TeT:u: iI :0:Jr: ::

! ! I:: : : f::: :It:::: :on::Fe: hi /c:::r(T9i ; 6: ::1 T:Ilg 1uTteaS :rLbl F!:s2F2 ErIth e same in consultaHon with JointOperator(AMC)• The company hasincurred asum of

O.:cupancy certificate for the project has been issued bY Agartala Municipal Corporation on January 09, 2024 and updated certificate issued on February 02, 2024
effective from November 2009. The “as-built" drawing was obtained on December 6, 2024 from AgartaFa Municipa1 Corporation (AMC). Agartala Municipa1
Corporation hascommunicated to the companY that Tripura State Govt. hasdecided to set UP a 50 bedded city hospital at Jackson Gate Building on vacant area. The
administrative approval and expenditure sanction has been accorded to set up same. Further processfor determination of methodology for monetization/transfer is
under process

10
The company has executed Group Housing project in Alwar with a total cost of ? 5806.44 Lakh upto December 31/ 2024 (? 5787.45 Lakh upto March 31/ 2024). The
substantial portion of the project was completed in the year 2018. The company initiated the sale of the project in the year 2014_15. No sale/ however (..,ouldbe
effected' The Net RealisableValue of the project has deteriorated and the companyhas made provision of ? 737.33 lakh towards impairment upto December 31 2024
(? 737'33 FakhUPto March 31, 2024). The completion certificate of the project hasbeen obtained and RERAregistration/exemption has been received from Aut-hority
on October 29/ 2024. Further, the Board of Directors, during its 543rd meeting held on October 7, 2024/ accorded in-principle approval for the bulk sale 'as_is/ where_
is' basis. The CompanY has invited the bids for the bulk sale through e-auction and bidding are under process

11
The companY had developed a residential real estate project at NgCC Green View, Sector - 37 D, Gurugram. The Company had sold 392 units (255 flats. 126 EWS and
11 shops)out of 942unitsandhadreceived total amount of ? 2ror2.80 lakh out of which ? 15957.58lakh were recognised as revenue in the pre„ious yearsa,d ?
4048.57 lakh were booked as advance from Allottees till March 31/ 2022
SubsequentIY, the buildings in the project exhibited structural cracks. Following expert advice from IIT Roorkee/ CBRI Roorkee/ and CPwl..)/the building was fully
evacuated due to safety concerns

The companY's Board approved multiple settlement options, including a full refund to allottees, settlements based on defined categories/ repayment with 6% p.a
interest, and reconstruction of flats/units, Subsequentlyf the National Consumer Disputes Redressal Commission (NCDRC), via its order dated March 5 2024.
instructed the companY to refund alldeposits with 9% p.a. interest and pay RIO lakh as exemplary damages to each allottee within two months. The Board, in its537th
meeting on April27/ 2024# approvedsettlement with affected allottees except thoseopting for reconstruction. A reviewpetitionled to an NCDRCclarificationon April
16, 2024, confirming the applicability of the order to all non-settled allottees. As on date, allthe NCRDCOrders hasbeen accounted for

As a resultFthe companY recognized total provisions/write-offs/expenses amountingto ? 45.302.13 lakh till March 31, 2024,categorized as exceptional items and no
impact on profitability for the quarter and nine months ended on December 31/ 2024,

For the Ninemonthsended on December 31, 2024,the company spent ? 20529.94 lakh/including ? 18070.48 lakh for buybacks of flats/ units/ ? 2082.40 lakh refundof
advance , and ? 377.06 lakh for stamp duty recoverable from state authorities. The Company has written down inventory amounting to ? 16665.36 lakh being ext,-"ess
of Amount Paid ? 18070.48 Lakh over proportionate value of units/flats ? 1405.12 lakh (Lower of Cost or Net Realizable Value (NRV)) and equivalent Provision of ?
16665.36 lakh as was created in earlier year for buyback of flats/units as per NCDRCorder has been reversed (Refer Note 12 Exceptional Item). Further. during the
Nine months ended December 31, 2024, the company has spent total amount ? 189.41 lakh (? 164.21 lakh towards rental & ? 25.20lakh towards construction cost for
reconstruction of flats/units) and equivalent Provision as was created in earlier year for the same hasbeen reversed (Refer Note 12 Exceptional Etem)

A recovery suit hasbeen filed in the Delhi HighCourtagainst Ramacivil India Construction(P) Ltd.for ? 75fooo lakh related to the project.Currently. 20 ongoing
litigationsinvolve refundclaims, interest, andcontractorclaims. As the matters are subjudice and liabilities are uncertain, no provisions have been madeas of
December 31, 2024.

12 Exceptional items: ? in Lakh


Quarter Ended on NineMonthsEnded on YearEnded on
Particulars
31.12.2024 30.09.2024 31.12.2023 31.12.2023 31.03.2024

Provlsi iiTFm;Mr 13,791.02

Provision/(Reversm--r
Reconstructionof &
–i
FEats/ Units including Interest as per

Flats/Units Rental
NCDRC Order
(66.82) (57.41) 10,377.13 (189.41) 10,377.13 5,356.95

Write downof Inventory 468.55 2,704.28 11,807.56 16.665.36 12,361.75 14,041.56


Rentto Existing Allottees 60.12 57.41 164.21
ConstructionCostfor Reconstructionof Flats/Units 6.70 25.20
Reversal of Provision)for loss on Onerous
(2,704.28)
obligation (Buyback of Flats/Units & Refundas perl (468.55) (19,932.42) (16,665.36) (13,947.42) (14,832.92)
NCDRC Order
Exceptional item (Net) 2,252.27 8,791.46 18,356.61

13 In the F.Y. 2022-23, DVAT Demand of ? 40,480.01 lakh raised in earlier years has been set aside by Hon’ble Appellate Tribunal vide order dt. November 10, 2022/
However the case hasbeen remanded back to Ld. OHAfor recalculation of Taxliability. Till the reporting date no further demand order hasbeen received by Company
from DVATDepartment in this case. Hence, contingent liability in the said casenot ascertainable as at December 31, 2024,
14 During the Nine months ended on December 31, 2024,the Company established a new branch in Jeddah, SaudiArabia

15 Figures for the quarter ended December31, 2024 are the balancing figures between figures in respectof the nine monthsended on December31, 2024 andthe
published figures for the six months ended on September 30, 2024 of the current financial year,

16 Comparative figures have been regrouped/ recasted/ rearranged wherever deemed necessaryto conform to current period classification and negative figures have
been shown in brackets,

For andon behalf of


ela NBCC ([NDIA) LIMITED
(-;
\n
sr
Ca
<
:ered \r
tants D r t
(K. P. Mahadevaswamy)
Place: NewDelhi HI.\\ Chairman & Managing Director
Date : February 11, 2025 (DIN: 10041435)
Fam
Regd.
NBCC(INDIA) LIMITED

Address: NBCC Bhawan, LodhiRoad, RaThTm


MmM CIN : L74899DL1960G01003335

? in Lakh
Stana;Inr &

Particulars
Quart;m-iii NimaMsm Year Endm
31.1 M 30.CMI 3 31.03.2024
a a d Mt
I tevenue from Operations
PMC 1,80,298.17 1,61,397.82 1,78,159.17 4,92,806.72 4,66,030.47 7,42,806.40
RealEstate 2,236.09 5,742.22 3,320.75 10,896.35 8,865.81 14,542.49
EPC 16,716.24 17,980.51 10,288.33 43, 185.95 26,541.41 44,253.09
Unallocated 5,526.78 1,369.84 92.15 7, 112.38 434.87 3,460.24
Total 0 9
He s: InterSegmentnii='
186,490.39 5,54,001.40 WO 2.56 W2.22
o nuefrom Operations W77.28 8 9 5,54,001.40 +01,872.56 W 2.22
SegmentResults
Profit beforetax andInterest
PMC 11,669.23 9,440.82 11,949.40 31,232.48 49,870.65
RealEstate 29,639.41
1,309.27 1,457.15 (1,365.50) 3,820.82
(6,932.35) (15,620.52)
EPC 174.13
(1,037.96) 678.75 196.24 4,969.15 6,143.94
Unallocated 5,185.99 4,530.41 1,303.72 9, 104.46 3,666.80 5,257.12
Total 17,126.53 15,602.51 12,566.37 44,354.00 31,343.01 45,651.19
Less: Finance Costs 0.06 0.71 0.45 1.00 1.73 2.08

3.
Total Profit beforetax

Segment Assets
W7 US 01.80 12,565.92 4 l W .11
PMC
(a) 3,21,530.73 2,88,480.91 2,87,625.30 3,21,530.73 2,87,625.30 3,39,815.80
(b) RealEstate 1,69,462.26 1,64,579.54 1,32,907.49 1,69,462.26 1,32,907.49 1,52,374.56
(C)
EPC 58,340.70 64, 743.70 72,570.97 58,340.70 72,570.97 74,086.49
A) Unallocated 2,87,413.59 2,99,950.70 2,46,662.78 2,87,413.59 2,46,662.78 2,77,293.50
Total SegmentAssets 3 5 3 3 3 3 35
4. SegmentLiabilities
(a) PMC 5,07,766.20 4,82,156.59 4,26,681.71 5,07, 766.20 4,26,681.71
RealEstate 5,05,928.81
(b) 24,112.14 24,370.85 24,722.17 24, 112.14 24,722.17 40,396.74
(C) EPC 39,368.46 42,975.34 55,619.60 39,368.46 55,619.60 51,523.24
a) Unallocated 29,544.20 44,712.03 26,502.47 29,544.20 26,502.47 31,821.94
o Liabilities 2
6,00,791.00 5,94,214.81 5,33,525.95 6,00,791.00 5,33,525.95

segments i'e' Project ManagementConsultancy (PMC>, Real EstateandEngineering,Procurement& Construction (EPC).Theseoperating segments are
monitored bY the CompanY'sChief OperatingDecision Makerandstrategic decisionsare madeon the basis of segment operating results

For andon behalf of


NBCC (INDIA) LIMITED

(K. P. Mahadevaswamy)
Place: NewDelhi
Chairman & ManagingDirector
Date : February11, 2025 (DIN : 10041435)
AurobindoTower
M & ASSOCIATESLLP 81/1 Third Floor

CHARTERED ACCOUNTANTS
Adchini, Aurobindo Marg
NewDelhi 110017INDIA
www.asaandassociates.co.in T +9111 4100 9999

nme Square
FourthFloor
Block B. Sushant Lok 1

Gurugram122002INDIA
T +911244333 100

Independent Auditor's Review Report on Unaudited Consolidated Financial Results of


NBCC (India) Limited for the Quarter and Nine Months Ended December 31, 2024
pu£suant to the Regulations 33 of the SEBI (Listing Obligationand Disclosure
Requirements) Regulation 2015, as amended

Review Report
To the Board of Directors
NBCC (India) Limited

1. We have reviewed the accompanying Statement of Unaudited Cnnsohdated Financial Results

("the Statement") of NBCC (India)Limited ("the Holding Company'’)and its subsidiaries (the
Holding Cnmpany and its subsidiaries together referred to as "the Group"), andf its share of -the
net profit aftertax and total comprehensive income of itsjoint ventures-forthe quarter and nine
months ended December 31, 2024, being submitted by the Holding Cnmpany pursuant to the
requirements of Regulations 33 of the Securities Exchange CDmmission of India (Listing
F)bligationsand Disclosure Requirements)Regplations,2015, as amended (the "Listing
Regulations ").

2. The Statement,which is the responsibilityof the Holding Cnmpany’s Managementand


approved by the Holding Cnmpany’s Board of Directors, has been preparedin accordance with
the recognition and measurement principles laid down in the IncL–anAccounting Standard 34
“InterIm Financial Reporting” ("Ind AS 34"), prescribed underSection 133 of the (3mpanies
Act, 2013 ("the Act") as amended, read with relevant rules issued thereunderand-other
accountIng principles generally accepted in India and in compliance with Regulations 33 of the
Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our
review

3 We conductedour review of the Statementin 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 Accountanl= of ’India
(“ICAl”). 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 Holding Cnmpany’s personnel
responsible for financial and accounting matters and applying analytical and -other review
procedures. A review is substantially less in scopethan an audit conducted in accordance with
Standards on Auditing specified under Section 143(10) of the Act and consequently does not
enable us to obtain assurance that we would become aware of all significant mattersthat might
be identified in an audit. Accordingly, we do not express an audit opinion.

We also performed procedures in accordance with the circular issued by the Securities and
Exchange Board of India (’'SEBI") under Regulation 33(8) of the Listing Regulations, to the
extent applicable.

Ahmedabade Bengalurue Chennai • Gurugram• Hyderabad • Kc>chi • Mumbai• NewDelhi


2484
4. The Statement includes the financial results/financial information of the foUowing entities:

a) List of Subsidiaries:
Name of ComDan Extent of Holdin
NBCCServices limited 100%
HSCC(India)Limited 100%
NBCC DWC LLC== 100%

o
r 51%

b) List of Joint Ventures:


Name of ComDat Extent of Holdin
Real Estate DeveI 50%
of Raiasthan Limited
Ecm
NBCGMmG

Basis for Qualified Conclusion

5. The statutory auditor of HSCC (India)Limited ('HSCC’)-whollyowned subsidiary of the


Cnmpany has given qualified conclusion on the following:

The projects which have been completedand handed over to the Ministries/(-'lients and the
projects which have been completedbut not handed over to the Ministries/('nentshaving
assets and liabilities of Rs. 68,401.06 Lakh (March 31, 2024: Rs. 112,878.92 Lanl) are pendin£
for financial closure in the books of accountsof HSCC. The consequential impact, if any,
arising out of the adjustments of assets and habihties of such projects on the financial
statements, could not be presently ascertained.Refer note no. 16 (a) of the statement.

In respect of above matter, we have also given qualified conclusion in our review report on the
ConsolidatedFinancialResults for the previous quarter and half year ended September 30,
2024, as well quarter ended June 30, 2024.

Qualified Conclusion

6 Based on our review conducted and proceduresperformed as stated in paragraph 3 above and
based on the consideration of the review reports of the other auditors referred to in paragraph 8
below and except for the effects/possible effects of the matters stated in the 'Basis of Qualified
conclusion’ paragraph above, 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 Standard specified under Section 133 of
the Act as amended, readwith relevant rules issued thereunder and other accounting principles
generally accepted in India, has not disclosed the information required to be disclosed in terms
of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed,
or that it contains any material misstatement.
AS\
7. Emphasis of Matters:

We rnvite attention to the following matters in the notes to the Cnnsohdated Financial Results:

(D
yote No. 5 regarding
the purchase of a Group Houshg plot in Naya lbipur fromNaya Ihipur
DevelopmentAuthority (NFU)A)on lease in t-he year 2014. l-be Holding Cnmpany ha; in,..uh
a total cost of Rs. 2,195.35 Lakh. The leasedeed/conveyance deed shaH Be exe;utd between the
9wners association/housing society and NRDA as per the terms of the development agreement.
However, the construction on the said land is yetto start.

(ii) Nofe yo. 6 ngaK{ing the non-executionof the lease deed in favour of the Holding Cnmpany
TdI oem Jlntten. incidental thereto, in respect of the land at Faridabad (Haryana)>forming'part
of the land bank (inventory) involving in aggregate)a sum of N. 139178.41 L;kh.

(iii) N9tF No' I_ regarding pa:Went bY the Holding Cnmpany to Land & DevelopmentOffice
MinistrY of Hou:ing and Urban Affairs as additionalpremium for avaikng addtional ground
coverage y Holding (nmpany’sbuilt UP and sold project “NBCC Plaza” and incurring oT other
con?tryction cost and consequential expenses thereor{ for project which is stuck up oi account
of similar d.emand of Rs. 3,224.45 Lakh, raised by Municipal Corporation of Del-hi (Ersl.whHe
South Delhi Municipal Cnrporation) in respect of additionaf ground coverage>in the year 2015.

(iv) Note No. 10 regarding developed real estate project in Alwar costing Rs. 5>806.44 Lakh up to
December 31, 2024. The Holding Company initiated the sale of the project in )car 2014-15>
1lowe\'erno sale could be effected. The net realisable value of the project ’deteriorated>and thi
Holding Company has made a provision of Rs. 737.33 Lakh towards impairment. However9 the
Cnmpany is in process of inviting and initiating bulk salesthrough e-auction and bidding.

(v) Nye Np. 11 & 12 which describes significant developments concerning the Holding Company’s
residential real estate project at NBC(,- Green View> Sector_ 37 Et Gurugran; whi,..h dad
exhibitedstructural CIaCkSand related to the reconstructionof the ffats/units to the
homebuyers/allottees and refund the amount with interest to them.

Based on the NCDRC orders dated March 05, 2024, and April 16, 2024, the Holding Company’s
Board approved a settlement process for allottees,involving refunds with'’ interest or
reconstructionof flats/units. Upto March 31, 2024, the Holding CompanyrecognIzed total
provisions and write-off of Rs. 45,302.13 lakh for the project. For the quarter and'nine month
ended December31>2024, the Holding Companyincurred project- related expenses of U.
674.17 lakh and Rs. 20,529.94 lakh, respectively, including bu/back> refunds and'stamp duties>
offset by inventory write downs and provisions reversals.

Additionally, a recovery suit of Rs. 75,000 Lakh and 20 other htigations are ongoing. As the
outcomesare uncertain, no additional provisions have been recognized as of December 31)
24

(vD Note No. 13 in respect of the demand of ValueAdded tax including interest and penah.y
(DVAT Demand) for Rs. 40,480.01 Lakh has been set asideby Hon’ble Appellate Tribunal and
remanded back for recalculation of the said tax liability vide its order dateJNovember 10p20229
hence contingent liability is not ascertainable as at December 31>2024.

Our conclusion is not modified in respect of the above matters.


SOC

r cd

Acco\n\Int s
AS\
In addition to above, the statutory auditor of FSCC has given following Emphasis of Mau.ers,

(a) B)te no. 16(b)> regarding balance confirmation and performing reconciliation and consequential
adjustments of balances in respect of Trade Receivables, Loans and Advances, Trade Payable9
Eanust MoneY Deposit) Security Deposits, Deposits in the natureof tradereceivables are
subject to reconciliatk)n, confirmation andconsequential adjustment thereof.

(b) Note no' .16(c) regarding the (nmpany’s leasehold Plots at Noida, wherein as per the leasedeed,
f onsyucuon on these Plots was to be completed within a specified period. The Noida Authod}.
has demanded an extensionfee of B. 56.51 lakh plus (jT) whichremains unpaid Ho;ev;i
tIn CnmpanY has provided for this fee at Rs. 86.93 lakh as of December 31,2024 (March 31,
2024: Rs. 78.46 Lakh). ' *

Our conclusion is not modified in respect of these matters.

8. Other Matters:

1.
The . Helding CompanY does not have the requisite number of IndependentDirectorsas
Tquirec{ under the proyisions of the Cnmpanies Act>2013 and Regulati,.-;n18(1)of the iisthi
Rewlations, so as to validly constitute its Audit Cnmmitt,eew.e.f. November 21>3024. H,.)wevei
the Holding Companyhas constituted an Audit Committee comprisingof two Govemmen{
Nominee Directorsand two Wholetime Functional Directors.The UnauditedConsolidated
FinancialResults for the quarter and nine months ended December3112024)have b;eX
Tynwed and recommended by the said Audit Cnmmittee and approved by the Board of
Directors of the Holding G)mpany (Refer Note 1 to Notes to ConsolidatedUnaudited
Financial Results).

11.
We did not review the financial results of 4 subsidiaries, whose unaudited interim financial
results/ financial informationreflect total revenues of Rs. 80,150.06 Lakh and IB. 1)939241.50
lakh, total net profit after tax of B. 39972.15 Lakh and B. 8/73.25 lakh and total
comprehensive income of Rs. 3,949.81 Lakh and Rs. 8,752.32 Lakh for the quarter and nine
months ended December 31>2024, respectively, as considered in the Statement which have been
revIewed by other auditors.

111. We did not review the financial results/infornution of 2 joint ventures>whose unaudited interim
financial results/ financial information reflect Group’s share of profit after tax of B. 12.18Lakh
and Rs. 32.45 lakh and total comprehensive income of IB. 12.18 Lakh andM. 32.45 lakh for the
quarter andnine months ended December 31, 2024, respectively, as considered in the Statement
which have been reviewed by other auditors.

The reports on the unaudited interim financial results/financial information of these entities have
been furnished to us by the Management and our conclusion on the Statement9in so far as it relates
to the amounts and disclosuresincluded in respect of these subsidiaries and joint ventures>is based
solely on the reports of such auditors and the proceduresperformed by us as statedin paragraph 3
a love

Our conclusion is not modified in respect of these matters.

SOC

q
4
C/)
,d \r
tS / D
r
IV.
AS4
The accompanyingStatementincludes the unaudited interim financial results/ financial
information, in respect of 1 joint venture, whose unaudited interim financial results/ financial
informationreflect Group's share of profit aftertax of B. 1.11 Lakh and M. 4.85 Lakh andtotal
comprehensive income of Rs. 1.11 Lakh and Rs. 4.85 Lakh for the quarter and nine months
ended December 31, 2024, respectively, as considered in the Statement.'

The.unaudited interim financial results/financial information have not been reviewed by the
auditor of this joint venture and have been approved and furnished to us by the Manage'ment
and our conclusion on the Statement in so far as it relatesto the amounts and dis;iosures
lncluded in respect of this joint venture, is based solely on such unaudited interim financial
rsults/financial information. According to the hJormation andexplanations given to us by the
Management, this unaudited interim financial results/financial information is not material to the
Group

Our conclusion is not modified in respect of our reliance on the unaudited interhn financial
results/ financial information certified by the Management.

V.
One of the subsidiaries is located outside India whose financial statements have been prepared
in accordance with accounting principles generally accepted in that country ("local GAAp").
The Holding Cnmpany's Management has converted the interim financial' statement of sai
subsidiary from local GAAP to accounting principles generaHy accepted in India. We have
reviewed these conversion adjustments conducted by the Holding Company'sManagement.

Our conclusion is not modified in respect of above matter.

VI. NBCC-RK. Millen, the Cnmpany's Jointly Cnntrolled entity has not been considered for
consolidation since it is not operational and, there is an ongoin£ legal casebetween co-venturers.

Our conclusion is not modified in respect of above nutter.

For ASA & AssociatesLLP


Chartered Accountants

FirmRegktratioR No. 009571 )006

SOC/

Chartered
alvl
AccountantsJD
Partngr
Membership No. 088810

UDIN: 25088810BMFUN8950

Place: NewDelhi
Date: February 11, 2025
NBCC (INDIA) LIMITED
(AGovernment of India Enterpria
Regd.Address: NBCC Bhawan, Lodhi Road,New Delhi-110003
CIN : L74899DL1960G01003335

? in Lakh
Consolid;tda
Quarter Ended oi Nin;-17lonths Ended on Year Ended on
Particulars
30.09.2024

Wr ited)
31§iMgM
r r
31 WiZI 3®FlaIDIEy
r
3

ml
IM
1, Income
(a) Revenuefrom Operations 2,82,695.81 2,45,872.63 2,42,351.50 7,42,984.44 6,40,813.48 10,43,263.67

b) OtherIncome 5,520.19 6,723.22 5,889.79 17,610.92 18,267.55 23,404.25


Total Income 8 5 8 6 6,59,081.03 10,66,667.92
2. Expenses
(a)
(b)
Land pm;afM–;ii=m 14.29 0.05 28.10 295.70 397.49
Changesin inventories of RealEstate Projects 334.98 4,497.88 2,063.68 6,772.29 5,246.68 9,502.00
(C)
o
(d) o
onsmiFeZiG-;–
benefits expenses
2,44, 145.23 2,11,151.16 2,17,223.72 6,46,888.35 5,76,339.57 9,34, 230.76
8,774.68 8,606.65 8, 257.87 25,938.10 24,563.42 32,870.40
(e) FinanceCosts
(f) e
0.81 1.47 1.11 3.38 3.53 5.07
ToEmi;iT;;Emiii 154.41 148.44 130.79 447.88 388.54 530.45
OtherExpenses
Ug 15,196.24 11,611.65 3,073.76 29,957.99 7,365.59 14,932.18
Total Expenses 6 3 3 0 6, 14,203.03 9,92,468.35
3. O
19,609.65 16,564.31 17,490.31 SO,559.27 44,878.00 74,199.57
JointVenture, Exceptional Items & Tax(1- 2)
4.
Rare of Profit/ (Loss) of Joint Venture 13.14 25.21
22 37.30 4.78 11.20
5. O
19,622.79 16,589.52 17,487.44 50, 596.57 44,882.78 74, 210.77
(3 +4)
6 ExceptionalItems(Net) 2,252.27 8,791.46 18,356.61
7. Profit/ (Loss) before Tax (5 - 6) 19,622.79 16,589.52 5 50,596.57 36,091.32 55,854.16
8 TaxExpense
(a) Current Tax 4,308.22 2,780.75 896.78 7,464.04 6,830.97 12,673.23
(b) Deferred Tax 687.86 1,295.36 2,990.08 5,272.93 2,356.15 2,112.21
(C) Taxation in respect r 383.95 no A) 383.87 n3 (368.98)
9. NetProfit/ (Loss)for the period (7 - 8) 4 2 1 7 7 3
10. NetProfit/ (Loss)attributable to
(a) Pwners of the parent 13,847.55 12,211.67 11,074.04 36,521.30 26,547.36 40,IS5.71
(b) o olling Interest 395.21 mo 282.77 954.43 740.79 W2
11 Other ComprehensiveIncome (Net of Tax Expense)
(a)(i) Itemsthatwill not be reclassifiedto Profit or Loss mo WO 3
(a)(ii) r lassified to Profit
10.31 10.31 949.07
or Loss

Itemsthatwill be reclassifiedto Profit or


(b)(i)
(b)(ii) Incomm=iT;Ti;iiTiMid
Loss
Loss
n3

91.44
a5

13.57
268.81

(67.66)1
U4

108.47
405.09

(101.96)1
644.24

(162.14)

12 Total Comprehensive Income (9 + 11) 13,940.23 12,473.18 11,557.96 37,122.58 27,591.28 39,097.95
13. Total ComprehensiveIncome attributable to
(a) Owners of the parent 13.545.02 12,171.36 11,275.19 36, 168.15 26,850.49 37,831.89
(b) Non Controlling Interest 395.21 301.82 282.77 954.43 740.79 1,266.06
14. Paid up Equity Share Capital(Face Valueof ? 1 per share) 27,000.00 8 27,000.00 18,000.00 18,000.00
_18,000.09
15. OtherEquity 2,04,562.03
16.
Earnings PerShare (Not Annualized for the Quarte@nd Nine
Months) {Refer Note 4)
(a) Basic (in ?) 0.51 0.45 0.41 1.35 0.98 1.49
(b) Diluted (in f) 0.51 0.45 0.41 1.35 0.98 1.49
*Restated (Refer Note 15)

Presently, there is no Independent Director on the Board of the Parent Company. The Parent Company has constituted the Audit Committee comprising of two
Government Nominee Directors and two Wholetime Functional Directors. The above results have been reviewed & recommended by the said audit committee and

approved by the Board of Directors of the Parent Company in their respectivemeetings held on February 11, 2025.
The statutory auditors of the company have carried out the limited review of these consolidated financial results as required under Regulation 33 of the SEBI (Listing
Obligations andDisclosure Requirements) RegulatIons,2015; as amended. The statutory auditors haveexpressed modified conclusion.
The Board of Directorsin itsmeeting held on February 11, 2025 have declared Ist Interim Dividend of ? 0.53 per share{face VaEueofT 1.00 per share) for the financial year
2024-25

The Parent Company has issued 90,00,00,000 equity sharesof ? 1.00 eachas fully paid bonus sharesin the ratio of one equity shareof ? 1.00 eachfor every two equity
sharesheld on record date of October 7, 2024.This hasbeen considered for calculating weighted average number of equity sharesfor all comparative periods presented
as per Ind AS 33. In line with the above/EPS(basic and diluted) have been adjusted for allperiods presented. EPSwithout adjusting for bonus share would have been as
under. Additionally, the group hasincreased the Authorized Share Capitalfrom ? 20,000lakh to ? 100,000lakh

Quarter Ended on
Particulars
30.09.2024 30.06.2024 30.09.2023

S r
for the O andNineMon
Basic(in ?) 0.62 2.03 1.47 2.23
Diluted (in ?) 0.62 2.03 1.47 2.23
5 The Group had purchased a Group Housing Plot admeasuring 30,436 Sqm. in Naya Ralpur from Naya Raipur Development Authority (NRDA)on lease in the year 2014.The
Group has incurred total Cost of ? 2195.35 Lakh upto December31, 2024 (? 2195.35Lakh upto March 31, 2024). As per the terms of allotment, the lease/conveyancedeed

shall be executed between the owners association/housing society and NRDA once all the units are sold and all obligations as per the development agreement signed
between the company and NRDA are fulfilled. However, the construction on the said land was kept in abeyance. The Group has decided for development of land.
Accordingly, the Building permission fees andsecurity deposit for RWH hasbeen deposited to the Authority to get the approval. The preliminary fire NOC hasalso been
obtained. Further market survey to explore the market feasibility and demand at the location is being carried out for development of the plot,

6 The Group purchased a freehold plot admeasuring 16,753.99 Sqm. for grouphousing in open auction from Municipal Corporation of Faridabad(MCF) in the year 2013. The

Group haspaid full consideration and hastaken the possessionof land. The Group incurred total cost of ? 13178.41 Lakh (Including provision of Stamp Duty) up to
December 31, 2024 (? 13178.41 Lakh upto March 31, 2024). The Group has been pursuing MCFfor execution of lease deed but till date the same hasnot been executed
for want of environment clearance. The Group has applied for environment clearance for which obtaining NOC from Forest Department is necessary. AccordinglyJ the
Group applied for NOC from Forest department, however the same is denied on the ground that “the criteria for clarification of deemed forestsis pendingbefore the
Hon’ble SupremeCourtandGovt.of Haryana hasnot identified deemed forests".The Group hastakenup the matterwith Government of Haryana to eitherissue
necessaryinstructions to Forest Department for issuing of NOC as required for Environmental Clearance or refund the amount paid with interest to the Group. A meeting
between NBCC and MCF Commissioner was held on July 06, 2023 and representation in this regard submitted vide letter dated July 07, 2023 for early resolution and
requested to MCFto provide the modalities of further sale of the land parcel on 'as is where is basis'as the terms regarding the same are not mentioned in the Allotment
letter of the said land parcel.
Further request hasalso been sent to Commissioner, MCFvide letter dated October 31, 2023 to conduct a joint meetingwith Forest Department, MCFand NBCC officials
to resolve the long pending issue at the earnest- in this regards,MCF intimated to NBCC vide letter datedJanuary 02, 2024 (received on January25, 2024) that there is no
responsibilitY for granting NOC bY Forest Department and same shall be obtained at NBCC level. In response of said letter of MCF, NBCC has again written a letter dated
FebruarY06, 2024 andemail datedApril 12, 2024 to resolve the issue on priority. Once again the NBCC has written to MCF(letter dated May 302 2024)and has requested
MCF to resolve the matter of pending NOCs.Also, requested to schedulea meetingwith allstakeholders in order to arrive on a solution .Further/ NBCC again requested to
The Commissioner & SecurityULB on October 17, 2024 for resolution of pending issue or refund the deposit amount with interest. In this regard/ the response is awaited.
The Net RealisableValueof the said land Inventory had deteriorated and the group hasmade provision of ? 1073.66lakh towards impairment upto December 31, 2024 (?
1073.66 lakh upto March 31, 2024)

7 The Group had undertakena project for construction of “Additional Shopping cum Car Parking Blocks” in “NBCC Plaza” at Pushp Vihar, New Delhi and has paid a sum of ?
3021.78 Lakhto Land & Development Office (L&DO), Ministry of Housing & Urban Affairs (MoHUA} in the year 2010 as additional premium for availing additional ground
coverage (FAR). However, later Municipal Corporation of Delhi (MCD) erstwhile South Delhi Municipal Corporation (SDMC)r vide its letter dated May 20/ 2015p while
approving the building plans subject to compliance of few conditions, demanded additional FAR chargesamounting to ? 3224.45 Lakh. The MCD also stayed the
construction till the time, said amount is paid to them. Sincethe group hadalready deposited the said amount with L&DO, it represented the matter to MCD as well as
L&DO,at different forums. During the year 2021-22, MoHUA has informed the group that MCD may only recover charges other than additional FARcharges, if any.
MoHUAalso directed MCD to release the sanctioned building plan to group at the earliest. However, the MCD is still insisting for payment of additional FARof ? 3224.45
lakh to sanction building plan. AJoint meeting was held on July 04, 2022 which was attended by all the stakeholders (L&DO, NBCC,DDA & MCD)to deliberate on the issue.
It was concludedthat MCD should be entitled to such Additional FARcharges and the amount already paid towards additional FARchargesshall be returned by L&DO to
the group so that requisite amount demanded by MCD could be paid. Group hastaken up the matter with L&DO to refund the said amount. However, L&DO vide letter

dated May 22, 2023 hasrefused to refund the amount paid by the group. Group has again requested to L&DO vide letter dated May 26, 2023 to settle the matter as
additional FARchargesalready been deposited with L&DO andadditional demand of MCD for ? 3224.45 Lakhshall be dual charging of same component by two different
authorities, for the same purpose. Accordingly MCD may be directed to withdraw its demand and release the sanction plan. Further a meeting held on October 11, 2023
between L&DO and management of NBCC to resolve the issue. The group has once again reiterated its request to L&DO in a letter dated April 24, 2024 to settle the
matter. Further, a meeting held on July 10, 2024 in the office of Additional Commissioner (Engg,), MCD wherein MCD, L&DO and NBCC officials were present and MCD
assuredto apprise and involve their higher authority to resolve the issue.
in addition to the above,the group has incurred a sum of ? 1718.84 lakh on construction of the projectti IF December 31, 2024 (? 1718.84lakh upto March 31, 2024). The
NetRealisable Value (NRV) of the project had deteriorated and the group has madeprovtsion of ? 634.53 lakh towards impairment upto December31, 2024 (? 634.53
lakh upto March 31, 2024). Group hasreversed impairment provisionof ? NILlakh during the quarter & nine months ended on December31, 2024 (P.Y. 2023-24 ? 9.31
lakh)on account of increase in Net RealisableValue as per valuation done by IBBI Registered Valuer

8 The Group hasconstructed Group Housing Real Estate project at Kochi, Kerala comprising of 3,20,216 Sq. ft. residential and 4424 Sq. ft. commercial area. The Group has
incurred a total cost amounting ? 8732.68 lakh there on upto December 31, 2024 (? 8722.60 lakh upto March 31, 2024). The sale in the project was on hold for want of
environmental clearance (EC)and other necessary statutory approvals.However, RERA registration for the project has been received on the basis of available documents

The damage assessment plan has been submitted on November 23, 2022 andcase was discussed in 137th SEAC (State Expert Appraisal Committee) meeting held on 24th
and 25th January. 2023 for issuingthe environmental clearance (EC). SEAC also inspected the project site in respect of environmental clearance (EC)on March 31, 2023
Based on said inspection, SEAC had asked to submit revised EIA along with damage assessment plan through Parivesh portal. The revised damageassessment plan was
submitted online and case was considered in 145th SEAC meeting held on June 19, 2023. The minutes of 145th meeting was received on July 03, 2023 wherein the
committee hasasked to provide some modification in the remediation plan submitted. Accordingly, the revised documents were submitted on Parivesh Portal on July 07,
2023. The projectwas discussed in 147th SEAC meeting held on July 21, 2023. Minutes of 147th meetingreceived on August 01, 2023 wherein the SEAC hasrecommended
to grant Environmental clearance for a period of 7 years. Accordingly, The Group has madea total provision of ? 177.19 lakh during the year ended on March 31, 2024
(towards penalty and expenditure etc. required to be incurred in three consecutive years on the activities as per direction from SEAC)
Further, Ministry of Environment, Forest and Climate Changewide OM datedJanuary 08, 2024 announced that, Hon’ble SupremeCourt in W.P.(C)No 1394/2023 dated
January 02, 2024 titled Vanashakti vs. Union of India, hasstayed the operation of both the office memorandum datedJuly 07, 2021 and January 28, 2022 issued by the
Ministry until further orders. As a result of thisobtaining of Environmental clearance is on hold till further order. Further, the matter has been heardin the SEIAA meeting
held on 29th and 30th January2024. The Authority (SEIAA)discussed the case in detail anddecIded to delist the application for time being ti£l further order from Hon'ble
Supreme Court and informed the detail to the Project Proponent.
AdditionalEyf The Group haveimpleaded and prayed that the Hon'ble Court be pleasedto allow the present application,and pending the adjudication of Writ Petition (CiviE)
No. 1394 of 20231 titled "vanashakti v. Union of indial" in which we have been impleaded/ direct the State Level Environment ImpactAssessment Authority (SEIAA), Kerala,
to issue an Environmental Clearance (EC)to the project "Valley View Apartment, Ambalamedu, Karimugal P.O.Kochi, Kerala," and pass any other necessary orders or
directions as deemedfit and proper. The order is still awaited

V,
b r:V
S 0.,C / (?

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& ArcoVl\lnts / D
9 The Group executeda real estate project at JacksonGate, Agartala in the year 2009 under Joint Operations with Agartala Municipal Corporation erstwhile Agartala
Municipal Council (AMC). As the Group was unable to sell the constructed area, the substantial portion of the constructed area has been let-out to various Government

Organizations. The Group is exploringthe possibilities to sellthe same in consultation with Joint Operator (AMC). The Group has incurred a sum of ? 916.96 lakh upto
December 31, 2024 (? 916.96 lakh upto March 31. 2024)

Occupancy certificate for the project has been issued by Agartala Municipal Corporation on January 09, 2024 and updated certificate issued on February 02, 2024
effective from November 2009. The “as-bui[t" drawing was obtained on December 6, 2024 from Agartala MunIcipal Corporation (AMC). Agartala Municipal Corporation
has communicated to the Group that Tripura State Govt. has decidedto set up a 50 bedded cityhospital at JacksonGate Buildingon vacant area. The administrative
approval and expenditure sanction has been accordedto set up same. Further processfor determination of methodology for monetization/transfer is under process.

10 The Group hasexecuted Group Housing project in Alwar with a total cost of ? 5806.44 Lakh upto December 31, 2024 (? 5787.45 Lakh upto March 311 2024). The
substantial portion of the project was completed in the year 2018.The Group initiated the sale of the project in the year 2014-15. No sale,however, could be effected. The
Net RealtsableValue of the projecthas deteriorated and the Group has made provisionof { 737.33 lakh towards impairment upto December311 2024 (? 737.33lakh upto
March 31, 2024). The completion certificate of the project has been obtaIned and RERA registration/exemption hasbeen received from Authority on October 29, 2024.
Further, the Board of Directors, during its 543rd meeting held on October 7, 2024,accorded in-principle approval for the bulk sale 'as-is,where-is' basis.The Group has
invited the bids for the bulk sale through e-auction and bidding are underprocess

11 The Group had developed a residential reaEestate project at NBCC Green View, Sector - 37 D,Gurugram. The Group had sold 392 unIts(255 flats1 126 EWSand 11 shops)
out of 942 unitsand had received total amount of ?21012.80 lakh out of which ?15957.58 lakh were recognised asrevenue in the previous years and ?4048.57 lakh were
booked asadvance from Allottees till March 31, 2022
Subsequently, the buildings in the project exhibitedstructural cracks.Following expert advice from IIT Roorkee, CBRI Roorkeef and CPWD/the building was fully evacuated
due to safety concerns
The Parent companY's Board approved multiple settlement options, including afull refund to allottees, settlements based on defined categories, repayment with 6% p.a
interestr and reconstruction of flats/units. Subsequently, the National Consumer Disputes Redressal Commission(NCDRC),via its order datedMarch 5, 2024, instructed
the company tOrefund all deposits with 9% p.a.interest and pay R10 lakh asexemplary damages to each allottee within two months. The Boardf in its 537thmeeting on
April 27/ 20241 approved settlement with affected allottees except those opting for reconstruction. A review petition led to an NCDRCclarification on April 16, 2024,
confirming the applicability of the order to allnon-settled allottees. Ason date, all the NCRDCOrders hasbeen accounted for.

As a result, the Group recognized total provisions/write-offs/expenses amounting to ? 45,302.13 lakh till March 31, 2024,categorized as exceptionalitems and no impact
on profitability for the quarter and nine months ended on December 31, 2024

Forthe Nine months ended on December 31, 2024, the group spent ? 20529.94 lakh, including ? 18070.48 lakh for buybacks of flats/ units, ? 2082.40 lakh refund of
advance , and ? 377.06 lakh for stamp duty recoverable from state authorities. The Group has written down inventory amounting to ? 16665.36 lakh being excess of
Amount Paid ? 18070.48 Lakh over proportionate value of units/flats ? 1405.12 lakh (Lower of Cost or Net Realizable Value(NRV)) and equivalentProvision of ? 16665.36
lakh as was created in earlier year for buyback of flats/units as per NCDRCorder hasbeen reversed (Refer Note 12 Exceptional Item), Further, during the Nine months
ended December31, 2024,the group hasspent total amount ? 189.41lakh (? 164.21lakh towards rental& ? 25.20 lakh towards construction cost for reconstruction of

flats/units) andequivalent Provision as was created in earlier year for the same has been reversed (Refer Note 12 Exceptional Item)

A recovery suithas been filed in the Delhi High Court against Ramacivil India Construction (P) Ltd. for ? 75,000lakh relatedto the project. Currently, 20 ongoing litigations
involverefund claims,interest, and contractor claims.As the matters are sub judice and liabilities are uncertain, no provisionshave been madeas of December 31, 2024,

12 Exceptionalitems: ? in Lakh
Quarter Ended on NineMonthsEnded on YearEnded on
Particulars
31.12.2024 31.@ 31.12.2dM 31.12.2023 31.03.2W
Provisionfor Refund of Amount Paidby Allottees for Flats/ 13,791.02
Units including Interest as per NCDRCOrder
Provision/(Reversal of Provision) for Expenses on (66.82) (57.41) 10,377.13 (189.41) 10,377.13 5,356.95
Reconstruction of F lnits & Rental

rite down of Inventory 2,704.28 11,807.56 12,361,75 14,041.56


Rent to ExistingAllottees 60.12 57.41

Construction Costfor Reconstructionof Ftats/Units 6.70

Provisil of Provision) for loss on Onerous obligation (468.55) (2,704.28) (19,932.42) (16,665.36) (13,947.42) (14,832.92)
(Buyback of Flats/Units & Refund asper NCDRCOrder)

Exceptional item (Net) 8,791.46

13 In the F.Y. 2022-23, DVATDemand of ? 40,480.01 lakh raised in earlier years hasbeen set aside by Hon’ble Appellate Tribunal vide order dt. November 10, 2022,However
the casehas been remanded back to Ld. OHAfor recalculation of Tax liability. Till the reporting date no further demand order has been received by group from DVAT

Department in this case. Hence, contingent liability in the said case not ascertainable as at December 31, 2024

14 During the Ninemonths ended on December31, 2024,the Group establisheda new branch in Jeddah,SaudiArabia

SOC/

Acc
red
,nts).U t +

t
€)€LH\.~
15 The group has retrospectively restated its Financial Statements for the year ended March 31, 2023 and Financial Results for the Quarter and Nine months ended on
December 31, 2023 in accordancewith Ind AS 8 'Accounting Policies, Changesin Accounting Estimates and Errors’ and Ind AS 1 'Presentation of FinancialStatements’ as
one of the subsidiary, HSCC (India) Limited, hasomitted to consider revenue, expenses in earlier year and has restated its FinancialStatement for the year ended March
31, 2023 andFinancial Results for the Quarter and Ninemonths ended on December31, 2023.The restatement has resulted in increase in revenue and expensesin earlier
year. Impact of restated items of balancesheet and statement of profit and loss for the Quarter & Nine months ended on December 3112023 are as under:

? in Lakh

Quarter Fne motTE


Particulars Ended on
31.12.2023 31.12.2023
Assets=ma-sTFe:FeB
Opm
Liabilities - Increase )

Revenuefrom 1,090.27 2,439.73


X
1,090.27 2,439.73
r
Profit after tax - Increase / (Decrease)
Total CompF;Hmmm;mm=mmI
Ua nd Diluted
16 Notes in respect of one of the subsidiary, HSCC (India) Limited:_
(a) There are some projects which are phYsicalIY closed,out of which most of the projects are handed over to clients and some of projects are in process of handing over. The
Company is making efforts for financial closure of these projects. Total Assets/ Total Liabilities of physically closed projects is ? 68/401.06 lakh as at December 31 2024
(March 31, 2024 -: ? 112,878.92 lakh)

(b) The major clients of the company are Ministries, Government Departmentsf GovernmentAuthorities and Public Sector Undertakings. The balancesof the clients in the
nature of Trade Receivables,Loans and Advances/ Earnest MoneY Deposit, Security Deposit and Deposits in the nature of trade receivables classifiedunder current and
non current assets;and also the trade payables are subject to confirmation, reconciliation and consequent adjustments. The management does not expect any significant
impact upon such reconciliation

(C)
The CompanY PropertY Plant & Equipments (Right-of-Use Assets- leasehold land) includesplots no. E-13and E-14 at Sector – 1 Noida:- As per clause no. 4 of the deed the
lessee i'e. HSCC (India) Ltd. shaH have to erect and complete the construction of building on the demised land within the specified period of four years unless the lessor
allows extension of time. The Company has received a letter from Noidaauthority for payment of extension fee of ? 56.51lakh plus GSTbut the same is not yet paid
Howeverpthe CompanY has provided provision for extension fee as on December 31, 2024 is f 86.93lakh (March 31, 2024:- ? 78.46lakh) as per the lease deed extensIon
chargesclause payableto NOIDAAuthority (New OkhlaIndustrial Development Authority)

17 Notes in respect of one of the Joint Venture, NBCC- R.KMillen:-

The Group haswon arbitration award in respect of disputes with JV partner M/s R.K. Millen & Co. (INDIA) PrivateLimited. The award is partially realisedand the amount of

investment in JV hasbeen adjusted against it in the year 2019-20. The dissolution of the defunct partnership shall be pursued after receivingaward amount in full,

18 Figuresfor the quarter ended December 31, 2024 are the balancing figures between figures in respect of the nine months ended on December31, 2024 and the published
figures for the six months ended on September 30, 2024 of the current financial year,

19 Comparative figures have been regrouped/ recasted/ rearranged wherever deemed necessaryto conform to current period classification and negative figures have been
shown in brackets

Forandon behalf of
SOL NBCC (INDIA) LIMITED

r th d

Acc

t
il n t s

(K. P. Mahadevaswamy)
Place: New Delhi HI.\\I Chairman & Managing Director

Date : February11, 2025 (DIN: 10041435)


NBCC(INDIA) LIMITED
(A Government of India Enterprise),A Navratna Company

Regd. Address: NBCCBhawan, Lodhi Road, NewDelhi-110003

e
ON : L74899DL1960G01003335
m t in Lakh
I b
Quarter Endedon NineMonths Endedon Year Ende&M®
Particulars
@ r
30.09.2024 2 31.03.2024
d mI
SegmentRevenuefromOperations:
PMC 2,56,133.81 2,17,777.85 2,25,834.37 9,69,913.06
6,73,931.47 5,96,883.30
(b) RealEstate 705.61 5,742.08 3,313.56 9,365.59 8,845.07 14,541.93
(c) EPC 20,263,46 20,960.09 13,106,76 52,479,25 34,628.82
55,422.60
(d) Unallocated 5,592.93 1,392.61 96.81 7,208.13 456.29 3,386.08
Total 8 2,45,872.63 2 1.50 7,42,984.44 6,40,813.48 tO,43,263.67

2.
Less:InterSegmentRevenue
Total Revenue from Operations 8 --– 4 , 0 3.67
SegmentResults
Profit before tax andInterest

(a) PMC 16,482.85 12,648.51 14,070.34 41,575.82 34,883.34 60,482.15


(b) RealEstate 289.25 1,479.41 (1,370.87) 2,818.93 (6,937.29) (15,622.44)
(C)
EPC
(885.69) 201.34 775.20 388.86 5,270.42 6,503.05
(d) Unallocated 3,737.19 2,261.73 1,761.61 5,816.34 2,878.38 4,496.47
Total 19,623.60 15,236.28 50,599.95 36,094.85
16,590.99 55,859.23
Less: Finance Costs 0.81 1.47 1.11 3.38 3.53 5.07
Total Profit beforetax
3. SegmentAssets
19,622.79 6
WS 7 SO,596.57 6 W5 .16

(a) PMC 6,28,032.41 6,37,566.26 6,20,252.38 6,28,032.41 6,20,252.38 6,96,379.95


(b) RealEstate 1,70,722.14 1,65,827.43 1,34, 146.58 1, 70, 722.14 1,34,146.58 1,53,601.19
(c) EPC 76,342.15 82,742.70 92,372.76 76,342.15 92,372.76 93,429.41
(d) Unallocated 3,50,542.82 3,46,824.97 2,97,450.21 3,50,542.82 2,97,450.21 3,26,669.20
2 2 4 2
Total SegmentAssets 11,44,221.93 12,25,639.52
4. SegmentLiabilities
(a) PMC 8,30,795.68 8,33,004.74 7,70,773.20 8,30,795.68 7,70,773.20 8,68,287.86
(b) RealEstate 24,071.25 22,816.98 24,721.65 24,071.25 24,721.65 40,386.78
(C) EPC 61,362.92 65, 151.92 79,647.28 61,362.92 79,647.28 74,894.74
K) Unallocated 43,637.89 59,649.88 39,357.01 43,637.89 39,357.01 45,280.85
Total SegmentLiabilities 9,59,867.74 9,80,623.52 9, 14,499.14 9,59,867.74 9, 14,499.14 10,28,850.23
*Restated(ReferNote 15)

The Grouphas reported segment information as per Ind AS 108 "Operating Segments". The Group hasidentified three service line as its operating
segments i.e. Project Management Consultancy (PMC), RealEstateand Engineering,Procurement& Construction(EPC). Theseoperating segments are
monitored by the Group's Chief Operating Decision Maker andstrategic decisionsare madeon the basis of segment operating results

For and on behalf of


b' .O C/(?
NBCC (INDIA) LIMETED
q&
q( :cred \r
C/) r-'
4 Al ltilnts fD

(K. P. Mahadevaswamy)
Place: New Delhi Chairman & ManagingDirector

Date : February11, 2025 (DIN: 10041435)


#WIT) hRh
(Tm VeER HI mT)
tad dtIR
NBC a
A Navratna CPSE
An IS/ISO 9001 :2015
Certified Company
NBCC (I IMITED
IndiaEnterprise)

(For ProvidingProjectManagement
Consultancy
and Executionof the Projects)

Date: 11.02.2025

OTHER INFORMATION- INTEGRATED FILING (FINANCIAL) -

FOR THE QUARTER AND NINE MONTHS ENDED 31 DECEMBER 2024

(in accordance with the SEBI circular no. SEBI/HO/CFD/CFD-PoD-2/CIR/P/185


dated December 31,2024)
SL. PARTICULARS REMARKS
NO.
1 B. STATEMENT ON DEVIATIONOR VARIATIONFOR NOT
PROCEEDS OF PUBLIC ISSUE. RIGHTS ISSUE. APPLICABLE
PREFERENTIAL ISSUE, QUALIFIED INSTITUTIONS
PLACEMENTETC.

2 NG

ON LOANS AND DEBT SECURITIES I APPLICABLE

3 D
TRANSACTIONS (APPLICABLEONLY FOR HALF-YEARLYI APPLICABLE
FILINGS I.E., 2ND AND 4TH QUARTER)

4 E. STATEMENTON IMPACT OF AUDIT QUALIFICATIONS NOT


(FOR AUDIT REPORT WITH MODIFIED OPINION) APPLICABLE
SUBMITED ALONG-WITH ANNUAL AUDITED FINANCIAL
RESULTS (STANDALONE AND CONSOLIDATED
SEPARATELY)(APPLICABLE ONLY FOR ANNUAL FILING
I.E., 4TH QUARTER)

For and on behalf of


NBCC (India) Limited

{+B){
e. Vb<11? x\
\T/a /?tHt-q\aY_P
\
\_Oe
L"'- '’(K. P. Mahadevaswamy)
Chairman & Managing Director

u1%.L
CORPORATE OFFICE
NBCCBhawan, LodhiRoad, NewDelhi-110 003
Tel. EPABX : 91-11-24367314-15
www.nbccindia.com
CIN-L74899DLI 960GOIO03335

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