Quarterly Results

AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED
31st MARCH, 2009

(Rs. in Lakhs)

Sl.No.	Particulars	Quarter Ended		Year Ended		Consolidated for the Year
Sl.No.	Particulars	31-03-09	31-03-08	31-03-09	31-03-08	31-03-09	31-03-08
1.	Net Income from Operations	109585.24	123200.39	411993.73	342759.80	472412.00	358995.10
	OtherOperating Income	219.76	2205.91	3147.07	4534.00	6233.90	4544.10
	Total Income	109805.00	125406.30	415140.80	347293.80	478645.90	363539.20

2.	Expenditure
	a) (Inc.) / Dec. in Stock-in-trade and work in progress	2166.40	(2684.80)	(13782.50)	(7738.00)	(22337.10)	(20993.90)
	b) Consumption of Raw materials	30744.20	45673.00	144203.60	117366.60	162390.20	124175.90
	c) Sub-contractors work bills	43195.60	41806.40	140276.90	113392.80	158464.00	124944.60
	d) Other Construction Expenses	8832.40	12056.70	39793.80	34222.50	47571.80	36408.10
	e) Labour	10799.80	11398.70	39227.50	32280.60	42085.20	33159.20
	f) Employee Cost	4085.00	3865.70	18859.40	14017.20	25905.30	16432.40
	g) Depreciation	1226.50	1377.50	5330.20	4820.60	8228.90	6066.50
	h) Other Expenditure	1605.10	2353.30	9195.00	7773.30	14125.59	9645.90
	Total	102655.00	115846.50	383103.90	316135.60	436433.89	329838.70

3.	Profit from operations before Other Income, Interest & Exceptional Items (1-2)	7150.00	9559.80	32036.90	31158.20	42212.01	33700.50
4.	Other Income	147.90	373.00	416.30	555.60	1584.10	2357.70
5.	Profit before Interest & Exceptional Items (3+4)	7297.90	9932.80	32453.20	31713.80	43796.11	36058.20
6.	Interest & Finance Cost (Net)	2128.40	1740.70	9635.90	7194.40	17367.00	10629.10
7.	Profit after Interest but before Exceptional Items (5-6)	5169.50	8192.10	22817.30	24519.40	26429.11	25429.10
8.	Exceptional Items	-	-	-	-	-	-
9.	Profit from Ordinary Activities before tax (7+8)	5169.50	8192.10	22817.30	24519.40	26429.11	25429.10
10.	Tax Expense	1348.60	2929.70	7431.40	8324.70	7926.54	8542.70
11.	Net Profit from Ordinary Activities after tax (9-10)	3820.90	5262.40	15385.90	16194.70	18502.57	16886.40
12.	Extraordinary Items (Net of tax expense Rs.___ )	-	-	-	-	-	-
13	Minority interest					(115.70)	(25.60)
14.	Share of Profit from Associate Companies (Net ofTax)					(252.80)	(113.00)
15.	Net Profit for the Period	3820.90	5262.40	15385.90	16194.70	18134.07	16747.80
16.	Paid up Equity Share Capital (Face value of Rs.2 per Share)	4577.02	4576.77	4577.02	4576.77	4577.02	4576.77
17.	Reserves excluding Revaluation Reserves as per balance sheet of previous accounting year			163978.10	152091.80	168016.87	149687.60
18.	Earnings Per Share (EPS) (Rs.)
	Basic and Diluted	1.67	2.39	6.72	7.41	7.93	7.66
19.	a) Debt Service Coverage Ratio	2.49	-	2.49	-	-	-
	b) Interest Coverage Ratio	3.15	-	3.15	-	-	-
20.	Public Shareholding
	a) Number of Shares	172918783	173450992	172918783	173450992	172918783	173450992
	b) Percentage of shareholding	75.56%	75.80%	75.56%	75.80%	75.56%	75.80%
21.	Promoters and Promoter group Shareholding
	a) Pledged / Encombered - No. of Shares	24900000	-	24900000	-	24900000	-
	Percentage of shareholding (as a % of the total share holding of promotor and promotor group)	44.63%	-	44.63%	-	44.63%	-
	Percentage of shareholding (as a % of the total share capital of the company)	10.88%	-	10.88%	-	10.88%	-
22.	b) Non / encombered - No. of Shares	30888227	-	30888227	-	30888227	-
	Percentage of shareholding (as a % of the total share holding of promotor and promotor group)	55.37%	-	55.37%	-	55.37%	-
	Percentage of shareholding (as a % of the total share capital of the company)	13.50%	-	13.50%	-	13.50%

Notes:

The Board of Directors have recommended a Dividend of Rs. 1.10per Equity share for the Year 2008-09.

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: 28th May, 2009
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. 6 (Six) complaints were received and resolved duing the quarter ended 31.03.09.

By Order of the Board

for NAGARJUNA CONSTRUCTION COMPANY LIMITED

Sd/-

Place : Hyderabad

A. RANGA RAJU

Date : 28.05.2009

MANAGING DIRECTOR