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Quarterly results
UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2008
(Rs. in Lakhs)
Sl.No.
Particulars
Quarter Ended Half Yearly Ended Year Ended
(Audited)
30.09.08 30.09.07 30.09.08 30.09.07 31.03.08
1. Net Income from Operations 104593.70 66653.90 200202.20 142616.60 342759.80
  Other Operating Income 988.30 1061.30 2473.70 1319.40 4534.00
  Total Income 105582.00 67715.20 202675.90 143936.00 347293.80
             
2. Expenditure          
  a) (Inc.)/Dec. in Stock-in-Trade and work in progress (3541.20) (1991.90) (10552.80) 1820.30 (7738.00)
  b) Consumption of Raw materials 37360.80 23419.40 73439.10 45198.80 117366.60
  c) Sub-contractor work bills 33236.80 19149.70 65294.40 43189.40 113392.80
  d) Other construction Expenses 10497.10 6816.30 20406.40 14200.50 34222.50
  e) Labour 9361.10 6592.70 18969.90 13214.10 32280.60
  f) Employee Cost 5185.50 3428.20 10192.70 6460.30 14017.20
  g) Depreciation 1494.20 1172.40 2913.20 2216.10 4820.60
  h) Other Expenditure 2634.00 1818.10 4921.30 3434.50 7773.30
  Total 96228.30 60404.90 185584.20 129734.00 316135.60
             
3.

Profit from operations before Other Income. interest & Exceptional Items (1-2)

9353.70 7310.30 17091.70 14202.00 31158.20
4. Other Income 99.50 37.90 184.80 75.10 555.60
5. Profit before Interest & Exceptional Items (3+4) 9453.20 7348.20 17276.50 14277.10 31713.80
6. Interest 2746.00 2333.70 5131.30 3785.30 7194.40
7. Profit after Interest but before Exceptional Items (5-6) 6707.20 5014.50 12145.20 10491.80 24519.40
8. Exceptional Items - - - - -
9. Profit from ordinary Activities before tax (7 + 8) 6707.20 5014.50 12145.20 10491.80 24519.40
10. Tax Expenses 2477.00 1650.10 4206.90 3524.30 8324.70
11. Net Profit from Ordinary Activities after tax (9-10) 4230.20 3364.40 7938.30 6967.50 16194.70
12. Extraordinary items - - - - -
13. Net Profit for the Period (11-12) 4230.20 3364.40 7938.30 6967.50 16194.70
14. Paid up equity share capital (Face Value Rs. 2/- per Share) 4576.93 4170.00 4576.93 4170.00 4576.80
15. Reserve excluding Revaluation Reserves as per balance sheet of previous accounting year         152091.80
16. Earnings per Share (EPS) (Rs.) Basic and Diluted 1.85 1.61 3.47 3.34 7.41
17. Public Shareholding          
  a) Number of Shares 175639157 153753943 175639157 153753943 173450992
  b) Percentage of shareholding 76.75% 73.73% 76.75% 73.73% 75.80%


Notes:

  1. The above results have been reviewed by the Audit Committee and approved at the meeting of the Board of Directors held on 27th October, 2008.

  2. The Company's operations consist of Construction / Project activities and there are no other reportable segments under Accounting Standard 17

  3. The Joint Statutory Auditors have carried out limited review of the Un-audited financial results for the quarter and half year ended 30th September 2008.

  4. 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 September, 2008.

  5. 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 : 27.10.2008
                     MANAGING DIRECTOR
 
 
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