Quarterly Results

UNAUDITED FINANCIAL RESULTS FOR THE QUARTER
ENDED 30th JUNE, 2009

(Rs.in Lakhs)

Sl.No.	Particulars	Quarter Ended		Year Ended (Audited)
Sl.No.	Particulars	30-06-'09	30-06-'08	31-03-'09
1	Net Income from Operations	100039.32	95608.50	411993.73
	Other Operating Income	63.98	1485.40	3147.07
	Total Income	100103.30	97093.90	415140.80

2.	Expenditure
	a) (Inc.) / Dec. in stock-in-trade and work in progress	2613.40	(7011.60)	(13782.50)
	b) Consumption of Raw materials	27934.60	36078.30	144203.60
	c) Sub-contractors work bills	31866.20	32057.60	140276.90
	d) Other Construction Expenses	11707.10	9909.30	39793.80
	e) Labour	9088.00	9608.80	39227.50
	f) Employee Cost	4541.30	5007.20	18859.40
	g) Depreciation	1269.80	1419.00	5330.20
	h) Other Expenditure	1973.70	2287.30	9195.00
	Total	90994.10	89355.90	383103.90

3.	Profit from operations before Other Income, Interest & Exceptional Items (1-2)	9109.20	7738.00	32036.90
4.	Other Income	137.40	85.30	416.30
5.	Profit before Interest & Exceptional Items (3+4)	9246.60	7823.30	32453.20
6.	Interest & Finance Cost (Net)	3462.50	2385.30	9635.90
7.	Profitafter after Interest but before Exceptional Items (5-6)	5784.10	5438.00	22817.30
8.	Exceptional Items	-	-	-
9.	Net Profit from Ordinary Activities before tax (7+8)	5784.10	5438.00	22817.30
10.	Tax Expenses	1962.50	1729.90	7431.40
11.	Net Profit from Ordinary Activities after tax (9-10)	3821.60	3708.10	15385.90
12.	Extraordinary items (Net of tax expense)	-	-	-
13.	Net Profit for the Period	3821.60	3708.10	15385.90
14.	Paid up equity share capital (Face value Rs.2 per share)	4577.02	4576.80	4577.02
15.	Reserves excluding Revaluation Reserves as per balance Sheet of previous accounting year			163978.10
16.	Earnings Per Share (EPS) (Rs.)
	Basic and Diluted	1.67	1.62	6.72
17.	a) Debt Service Coverage Ratio			2.49
	b) Interest Coverage Ratio			3.15
18.	Public Shareholding
	a) Number of Shares	172903783	173810992	172918783
	b) Percentage of shareholding	75.55%	75.95%	75.56%
19.	Promoters and Promoter group Shareholding
	a) Pledged / Encumbered - No. of Shares	17420000	-	24900000
	Percentage of shares (as a % of the total share holding of promoter and promoter group)	31.23%	-	44.63%
	Percentage of shareholding (as a % of the total share capital of the company)	7.61%	-	10.88%
20.	b) Non/Encombered - No. of Shares	38368227		30888227
	Percentage of shares (as a % of the total share holding of promoter and promoter group)	68.77%	-	55.37%
	Percentage of shares (as a % of the total share capital of the company)	16.77%	-	13.50%

Notes:

The above results have been reviewed by the Audit Committee and approved at the meeting of the Board of Directors held on 30th July, 2009.
The Company's operations consist of Construction / Project activities and there are no other reportable segments under Accounting Standard 17.
The Statutory Auditors have carried out limited review of the Un-audited financial results for the quarter ended 30th June 2009.
There were no investors' complaints pending at the beginning and at the close of the Quarter. The company has received and resolved 11 investor's complaints during the quarter ended 30th June, 2009.
Figures have been regrouped to facilitate comparison wherever necessary.

By Order of the Board

for NAGARJUNA CONSTRUCTION COMPANY LIMITED

Sd/-

Place : Hyderabad

A. RANGA RAJU

Date : 30.07.2009

MANAGING DIRECTOR