Q2FY2025 Results of NCL Builtech

Document Summary

The document presents the standalone and consolidated unaudited financial results for NCL Buildtek Ltd for the quarter ended September 30, 2024, and compares them with previous periods.

Financial Performance Highlights (Standalone):

• Revenue: Total revenue for the quarter ended September 30, 2024, was ₹9,740.17 Lakh, compared to ₹9,553.12 Lakh for the previous quarter (June 30, 2024) and ₹11,428.64 Lakh for the corresponding quarter of the previous year (September 30, 2023). Revenue from operations was ₹9,673.59 Lakh.
• Expenses: Total expenses for the quarter were ₹9,519.94 Lakh, compared to ₹9,263.88 Lakh for the previous quarter and ₹10,633.50 Lakh for the quarter ended September 30, 2023.
• Profitability: Profit before exceptional items and tax was ₹220.23 Lakh. After accounting for tax expense, profit for the period was ₹351.66 Lakh.
• Earnings Per Share: Earnings per share (basic & diluted) were ₹3.04, excluding exceptional items.
• Segment Information: The document provides a breakdown of the revenue and profit/loss before interest & tax across different business segments: Coatings, Walls, and Windoors.

Financial Performance Highlights (Consolidated):

• Revenue: Total revenue for the quarter ended September 30, 2024, was ₹9,699.25 Lakh, compared to ₹9,553.12 Lakh for the previous quarter (June 30, 2024) and ₹11,421.06 Lakh for the corresponding quarter of the previous year (September 30, 2023). Revenue from operations was ₹9,673.59 Lakh.
• Expenses: Total expenses for the quarter were ₹9,504.43 Lakh, compared to ₹9,254.91 Lakh for the previous quarter and ₹10,614.00 Lakh for the quarter ended September 30, 2023.
• Profitability: Profit before exceptional items and tax was ₹194.82 Lakh. After accounting for tax expense, profit for the period was ₹319.52 Lakh. The share of profits from associates was ₹318.03 Lakh, and from joint venture was -₹4.73 Lakh.
• Earnings Per Share: Earnings per share (basic & diluted) were ₹5.47, excluding exceptional items.
• Segment Information: The document provides a breakdown of the revenue and profit/loss before interest & tax across different business segments: Coatings, Walls, and Windoors.

Additional Key Points:

• The financial results have been prepared in accordance with Indian Accounting Standards (INDAS).
• The consolidated financial results include the results of NCL Buildtek Ltd and NCL ASL Services Ltd.
• Segment information is presented as per Ind AS 108, covering Windoors, Coatings, Walls, and Services.
• The company expects to recover the carrying amount of its assets based on current indicators of future economic conditions.
• Figures for the previous year have been regrouped/reclassified to conform to the current period's presentation.
• The results were reviewed by the Audit Committee and approved by the Board of Directors on November 14, 2024. The Statutory Auditors have carried out a limited review of the financial statements.