AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED
31st MARCH, 2008
(Rs. in Crore)
Sl.No.
Particulars
Quarter ended
Year Ended
Consoli-dated
for the year ended
31-03-08
31-03-07
31-03-08
31-03-07
31-03-08
31-03-07
1.
Net Sales / Income from Operations
1254.07
867.88
3472.94
2871.05
3635.39
2948.55
2.
Other Income
3.72
26.96
5.55
29.18
23.58
3.46
3.
Total Income
1257.79
894.84
3478.49
2900.23
3658.97
2952.01
4.
Expenditure
a) (Inc.) / Dec in Stock-in-trade and work in progress
(26.85)
(2.49)
(77.38)
(59.60)
(209.94)
(107.12)
b) Consumption of raw materials
456.35
245.91
1171.82
1014.02
1239.92
1053.08
c)Sub-contractors work bills
418.07
333.63
1133.93
951.23
1249.45
995.02
d) Other Construction Expenses
120.94
95.85
344.06
261.67
365.93
269.43
e) Labour
113.99
82.46
322.81
289.91
331.59
290.63
f) Employee Cost
38.65
25.89
140.17
84.37
164.32
91.04
g) Depreciation
13.78
9.60
48.21
29.90
60.66
38.08
h) Other Expenditure
23.53
13.89
77.73
59.70
96.46
63.67
Total
1158.46
804.74
3161.35
2631.20
3298.39
2693.83
5.
Profit before Interest, Taxes
99.33
90.10
317.14
269.03
360.58
258.18
6.
Interest
17.40
16.59
71.94
50.39
106.29
57.89
7.
Profit from Ordinary Activities before tax
81.93
73.51
245.20
218.64
254.29
200.29
8.
a)Tax Expense
27.14
23.58
81.09
66.73
83.27
67.60
b) Prior Year's tax
2.16
36.25
2.16
36.25
2.16
36.25
9.
Net Profit from Ordinary Activities after tax
52.63
13.68
161.95
115.66
168.86
96.44
10.
Minority interest
(0.26)
0.00
11.
Share of Profit from Associate Companies (Net ofTax)
(1.13)
0.03
12.
Net Profit
52.63
13.68
161.95
115.66
167.47
96.47
13.
Paid up Equity Share Capital (Face value of Rs.2 per Share)
45.77
41.70
45.77
41.70
45.77
41.70
14.
Reserves excluding revaluation Reserves (As per Balance Sheet)
1520.99
991.43
1582.66
968.90
15.
Earnings Per Share (EPS)
i) Basic
2.39
0.66
7.51
5.59
7.77
4.67
ii) Diluted
2.39
0.66
7.50
5.55
7.68
4.63
16.
Public Shareholding
a) Number of Shares
173450992
152508018
173450992
152508018
173450992
152508018
b) Percentage of shareholding
75.80%
73.14%
75.80%
73.14%
75.80%
73.14%
Notes:
The Board of Directors have recommended 65%
Equity Dividend for the Year 2007-08.
The Company's operations consist of Construction / Project activities and there are no other reportable segments under Accounting Standards 17.
Figures have been regrouped to facilitate comparison wherever necessary.
The above results have been reviewed by the Audit Committee and approved by the Board of Directors of the Company at its meeting held on: 30th May, 2008
The Consolidated Financial Results include results of all the Subsidiaries and Associates of Nagarjuna Construction Company Limited and are prepared in accordance with AS-21, AS-23 & AS-27.
There were no investor complaints pending at the beginning and at the end of the quarter; 15 complaints were received and resolved duing the quarter ended 31.03.08.
