Ref. No.: NCCL/BM-Outcome/Reg 30&33 Date : 5" February 2026
National Stock Exchange of India LtdExchange Plaza, C-1, Block G Bandra - Kurla Complex Bandra (E)
Mumbai - 400 051.
Symbol: NCC
Deai Sir,
Sub: Outcome of Board MeetingBSE Limited
Phiroze Jeejeebhoy Towers Dalal Street,
Fort
Mumbai - 400 00 1.
Code: 500294The Board of Directors of the Company at its meeting held today i.e., 5" February 2026 has inter alia approved the following:
Un-Audited Financial Results (Standalone & Consolidated) for the Quarter and Nine
months period ended 31" December 2025.
In compliance with Regulation 30 & 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith statement containing the Un-Audited Financial Results (Standalone and Consolidated) for the Quarter and Nine months period ended 31" December 2025, which have been recommended by the Audit Committee and approved by the Board of Directors ofthe Company, along with the Limited Review Report as furnished by the Statutory Auditors on the said Results. We are also enclosing herewith the press release being issued in this connection.
El'l'ective Date of' the Amalgamation of NCC Infrastructure Holdings Limited (NCCIHL) with NCC Limited.
Upon receipt of the certified copy ot the Order of thc Hon'ble National Coiaapany Law Tribunal, Hyderabad Bench approving the Scheme of Amalgamation between NCCIHL with the Company, the Board approved the Effective Date of the Scheme as 28'hFebruary 2026 (the date on which the Order would be filed with the Registrar of Companies, Hydcrabad). Upon the Scheme becoming effective, NCCIHL shall stand dissolved without being wound up.
The meeting of the Board of Directors of the Company commenced at ! 2.30 p.n1. and concluded at 3.50 p.in.
We request you to take the above on record.
Thanking you
Yours faithtully, For' NCC i cd
S' ' K Mishra ompany Secretary
Encl: As above
ccc uma«a
NCC House, Madhapur, Hyderabad 500 081 Telangana T *91 40 2326 B888 F *9I 40 2312 5555 E info@nccltd.in
W ncclimited.com CIN: L722IXiTG1990eLCo11146
NCC Limited CIM : £7220OTG l990PrC0lll46 Registered Office: NCC HOUSE, Madhapur, Hyderabad-500 081, Tel : Q4g-232688Bg, flax: 040-23125555, email : ho.secr@nccItd.in Website : was.nccIimited.com STATEMENT OF UNAUDIT£D STANDALONE FINANCIAL RESULTS fiOR THE QUARTER AND NINE MONTHS ENDED 3tST DECEMBER, 2025 | |||||||
(I in crores | |||||||
5.No | Quaner ended | Nine months ended | Year ended | ||||
31.12.2025 | 30.09.2025 | 31.12.2024 | 31.IZ.2025 | 31.12.2024 | 31.03.2025 | ||
Unaudited | Unaudited | Unaudited | Unaudited | Unaudited | Audited | ||
Income a} Revenue from Operations b) Other Income Total Income Expenses a} Cost of materials consumed
Profit from operations before exceptional items and taa (1-2) Exceptional Items (net) (refer note 2 & 4) Profit before tax {3+4) Tax expense
Het Pro«a+ter tax ts-sl Items that will not be reclassified to profit or loss
b} 1ncome tax relating to items that will not be reclass:fied to profit or J 5$ Items that may be reclassified to profit or loss
| 4,042.89 39.38 | 3,726.56 48.50 | 4,671.10 48.77 | 12,147.78 149.31 | 13,829.60 7y7.90 | 19,205.78 187.01 | |
4,082.27 | 3,775.06 | 4,7t9.87 | 12,287.09 | 13,947.50 | 't9,392.79 | ||
1,635.56 370.77 ¥,424.33 199.53 168.35 56.73 85.39 | T,604.92 333.06 1,Z22.16 201.15 352.53 55.48 87.83 | 3,902.58 441.38 1,641.94 193.31 160.95 52.93 83.50 | 5,009.4y 1,¥42.18 4,141.10 595.BE 472.27 166.3g 259.60 | 5,546.99 1,085.44 5,140.42 558.77 478.66 159.93 248.64 | 7,777.80 ,56z.23 7,0J7.89 759.13 653.14 2J2.95 345.31 | ||
3 | a,sao.ss | s,ss7. z | ‹,sts.ss | 11,7as.ss | *a,z1s.ss | 1B,32?.45 | |
isi.si | th.s+ | z+s.zs | soo.z4 | zs.ss | |||
[33.35) | |33.IS) | (38.63 | |||||
728.65 | y,026.71 | ||||||
6 | Jg.38 (3.32) | 6i30 (139) | 2.86 | 184.63 (3.66) | 249.56 17.71 | ||
zs.4s | 59.01 | 93.23 | 182.97 | 267.27 | |||
7 | az.a | I8S2I | 7S9.44 | ||||
6.00 (*.5I) | |0.50 0.12 0.24 | 0.33 0.23 | s.oo | 0.94 0.42 | 1.06 (0.27 0.34 | ||
4.4T | (04 | (a.7s | |||||
9 | :tad.52 | ||||||
10 | t25.57 | 125.57 | 125.57 | z2S.57 | 1Z5.57 | ||
7,039.94 | |||||||
12 | |||||||
1.30 | 1.62 | 2.9fi | 5.95 | 8.69 | 12.10 | ||
$.30 | t.67 | Z.9S | 5.9S | B.69 | 12.t0 | ||
Notes 2 | The above Statement of unaudited standalone financial results of NCC Limited l"the Company"), which have been prepared in accordance with the Indian Accounting Standards ('ind AS') prescribed under Section 133 of the Companies Act, 2013 ("the Act™j read wich relevant rules issued thereunder, other accounting principle generally accepted in india and guidelines issued by the Securities and Exchange Board of India ("SEBi") were reviewed and recommended by the Audit Committee ana approved by the Board of Directors at their meetings Ineld on February 05, 20Z6. The Statutory Auditors have carried out a limited review on the unaudited standalone financial results and issued unmodified report thereon. Effective November 21, 2025, consequent to the introduction of New Labour Codes, the Company has assessed the financial implications of these changes which ha resulted in increase in provision for employee benefit expenses of R 33.US crores, which is disclosed as 'exceptional item' in the standalone financial results for the quarter and nine months ended December 31, 2025. The Company continues to monitor the developments penainirig to Labour Codes and will evaluate impact if any on the measurement of liability penaining to employee benefits. Pursuant to 1he Scheme of Amalgamation approved by the Hon'ble National Company Law Tribunal (NCLT}, Hyderabad, vide order dated January 30, 2026, NCC infrastructure Holdings Limited (a wholly owned subsidiary) has merged with the Company, with effect from Apri| 1, 2024 as required by Appendix C to Ind AS 103 on Business Combinations. Accordingly, the financial information of the wholly owned subsidiary is included in the financial results of the Company and has been restated for comparative periods and the impacr of this restatement is not material. The exceptional item for the year ended March 31, 2025 of R 38.63 cr penain to provision made for impairment of investment in one of the subsidiaries. By order of the Board for NCC Limited
°'er ba 9› A.A.V.RANGA RAJU Place : Hyderabad a " Date: 05.02.2026 Managing Director | ||||||
S.R. BATLIBOI R ASSOCIATES LLP
C hart e red A cc ou nt ant s
-, rr' i c i' " 4'"'' I ' L
Independent Auditor's Re* iew Report on lhe Quarterly and Year to Date Unaudited Standalone Financial Results of NCC Limited, pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended
Review Report to
The Board of Directors NCC Limited
1. We have review ed the accompany ing statement of unaudited standalone financial results of NCC Limited (the Company") u'1iicl4 includes 4 branches and 42 Joint Operations for ltte quarter and nine month period ended December 31, 2025 (the "Statement") attached herez'ith, being subniitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations. 2015. as amended (the Listin* Regulations").
The Company s Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34. (Ind A S 34) Interim financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended. read z'ith relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulat ions. The Statement has been approved by the Company' s Board of Directors. Our respons ibility is to express a conclusion on the Statement based on our review.
fi e conducted our review' of the Statement in accordance with the Standard on Review' Engageir ents (SRE) 2410, 'Review of Interim Financial Infomiation Pertormed by the Independent Auditor of the Entity issued by the Institute of Chartered Accountants of India. This standard requires that u e plan and perform the revie» to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters. and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly. we do not express an audit opinion.
V'e also perfomied procedures in accordance with the Master Circular issued by the SEBI under Regulation 33(8) of the Listing Regulations. to the extent applicable.
4 Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review' reports of other auditors of the branch referred to in paragraph 5 bet ow. nothing has come to our attention thai causes us to believe that the accompanying Statement. prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards (' Ind AS') specified under Section 133 of the Companies Act. 20 13 as amended, read u ith relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed. or that it contains anv material misstatement.
S.R. BATLIBOI ASSOCIATES LLP
Chart ered Accountants
5. The accompanying Statement includes the unaudited interim financial results and other financial information in respect of:
« 1 branch z'hose unaudited interim financial results and other financial information reflect total revenues of Rs 2.78 crores and Rs 10.04 crores, total net profit after tax of Rs. 0. 17 crores and Rs. 0.37 crores and total comprehensive income of Rs. 0. 17 crores and Rs. 0.37 crores for the quarter and nine month period ended December 31, 2025, as considered in the Stateinent which has been reviewed by their branch auditor.
The independent auditor's report on interim financial results and other financial information of this branch has been furnished to us by the management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of this branch, is based solely on the report of such branch auditor and procedures performed by us as stated in paragraph 3 above.
This branch is located outside India whose financial results and other financial information have been prepared in accordance with accounting principles generally accepted in their respecti e country and u'hich hase been reviewed by other auditor under generally accepted auditing standards applicable in their reBpec ti x'e country. The Company's management has converted the financia1 results of such branch located outside India from accounting principles generally accepted in their respective country to accounting principles generally accepted in India. We have reviewed these conversion adjustments made by the Company's management. Our conclusion in so tar as it relates to the balances and affairs of suchbranch located outside India is based on the report of other auditor and the conversion adjustments prepared by the management of the Company and rex ie ed by us.
Our conclusion on the Statement in respect of matters stated in para 5 above is not modified with respect to our reliance on the *ork done and the report of the other auditors and the financial resul ts certified by the Management.
For S.R. Batliboi & Associates LLP Chartered Accountants
ICAI Finn registration number: l0l049W/E300004
per Harish Khemnani
Partncr
Membership No.: 215576 UDIN: 26218576OECXIG3903
Place: Hyderabad
Date: February 05, 2026
NCC Limited CIN : L72200TG 1990PLC01M46 Registered Office: NCC HOUSE, Madhapur, Hyderabad-500 081, Tel : 040-2326888s, Fax: 040-2312555S, email : ho.seer@nccltd.in Website : www.ncclimited.com | |||||||
STATEMENT OF UNAUDITED coHsouo sea rmuCtAL RESULTS FOR THE QUARTER AND NINE MONTHS ENOED 3ST DeCEMBER, Z025 | |||||||
lt in crores | |||||||
S. NO | Particulars | Quarter ended | Nine months ended | Year ended | |||
31.32.2028 | 30.09.2025 | 31.12.2024 | 31.12.2025 | 3J.12.2024 | 3J.03.2025 | ||
Unaudited | Unaudited | Unaudited | Unaudited | Unaudited | Audited | ||
ncome
fj Finance cosrs
Total Expenses Profit from operations before exceptional items and tax (¥-2) Exception al Items (net) (refer note 2) 5hare of Profit of Associates Profit before tax (3+4+5} Tax expense
ptg t#g g#@/g Net Profit after tax {6-7) Attributable to: Shareholders of the Company Non-Controlling interests Other comprehensive income / (loss) Items that will not be reclassified to profit or loss
Items that may be reclassified to profit or loss
Total Other comprehensive Income / (loss) Total comprehensive income (8+9) Attributable to: Shareholders of the Company Non-Controlling interests Paid up Equity $hare Capital (face Value X Z/- per Share) Other Equiu/ (excluding Revaluation Reserves} as shown in Audited Balance sheet of the pdevious year Earnings Per Share (of 7 2/- each for the period (not annualised) . gqtt - Diluted | 4,868.29 32.14 | 4,543.01 42.0S | 5,344.52 38.34 | 14,590.29 103.W | 6,068.48 97.07 | 22,99.36 155.55 | |
4,90O.43 | 4,585.06 | 5,382.86 | 14,693.42 | 16,165.56 | 22,3S4.91 | ||
3,071.05 207.TO 196.38 88.57 93.47 | 1,649. Z1 9.15 353.14 1,833.76 208.9y 171.8z 56.91 95.4 | t,926.54 {34.49 475.38 2,233.9t 20.53 z65.6* 53.67 J00.75 | 5,t55.56 (363.12 I.ABS.32 6,128.05 619.20 53t.82 170.52 z79.61 | 5,632.59 |32.02 t,t59.77 7,077.67 580.28 487.$5 16z.91 288.45 | 7,930.2E |z26.GB 1,659.4.* 9,62.33 788.82 680.1J 215.9€ 46.5" | ||
4,687.00 | 4,378.43 | 5,122.94 | 14,006.96 | 15,3S6.IB | 2t,177.3Q | ||
213.43 | Z06.63 | 259.92 | 6B6.46 | 809.3T | t,z77.61. | ||
4 | (33.67 | (33.67 | |||||
10.1J | 5.78 | 9.67 | |||||
6 | t8t.S9 | 208.67 | 270.0£ | 65B.57 | ,87.2£ | ||
37.87 8.50 | 30.BE 10.4f | 69.49 (5.32 | 14.63 | 297.S7 214£ | |||
84.ly | 26.94 | 31g. 03 | |||||
135.22 | 167.3? | Z05.86 | 603 8 | 868.25 | |||
12.76 | 154.7f 12.6: | 193?8 12.6P | 469.30 37.BE | 819.8f• 48.3" | |||
s.oo o.es | (0.50 0.1 0.4C | 0.3* 0.5£ | s.oc {y.26 | (3.74 0.9• (1.1Z | j.23 (0.3J 0.67 | ||
0.0 | 3.59 | ||||||
140.7t | 167.3 | 205.4€ | 5992 | 869.84 | |||
11 | t27.94 12.7f US.ST | 54.75 12.63 125.5 | 474.SJ 37.89 t25.57 | 562.1 125.5 | 82z.44 48.4£ | ||
12 | |||||||
t3 | 1.9! | 2.4 | 3.08 | 7.4Z | 9.0 | 13.0E | |
2.4 | 3.0t | 7.47 | 9.0 | 13.0E | |||
Note: | The above Statement of unaudited consolidated financial results of NCC Limited ("the Company"), which have been prepared in accordance with the Indian Accounting Standards ('Ind AS') prescribed under Section 133 of the Companies Act, 2013 ("the Act") read with relevant rules issued thereunder, other accounting principles generally accepted in India and guidelines issued by the Securities and Exchange Board of India ("SEBI"} were reviewed and recommended by the Audi CommiLtee and approved by the Board of Directors at their meetings held on February 05, 2026. The Statutory Auditors have carried out a limited review on the unaudited consolidated financial results and ssued unmodified report thereon. Effective November 21, 2025, consequent to the introduction of New Labour Codes, the Group has assessed the financial implications of these changes which ha. resulted in increase in provision for employee benefit expenses of X 33.67 crores, which is disclosed as 'exceptional item' in the consolidated financial results for the quaner and nine months ended December 31, 202S. The Group continues to monitor the developments penaining to Labour Codes and wilI evaluate impact if any on the measurement of liability pertaining to employee benefits By order of the Board for NCC Limited Place : Hyderabad A.#V.RANGA RAJU Date : 05.02.3026 Managing Diegor | ||||||
cm: ryzzoerslssoezcoi i4s
Registered Office: NCC HOUSE. Madhapur, kfyderabad-500 08y, Tel : 040-23268888, Pa•: 040-y3y2s555 .email : ho.secr@nccltd.in Website • https://www.nccIimited•com Consolidated Unaudited Segment-rise Revenue, Result, Total assets and Total liabilities
(R in Crores)
S.No | Quarter ended | Mine months ended | Year ended | ||||
31.12.2025 | 30.09.202S | 31.12.2024 | 31.12.2025 | 31.J2.2024 | 31.03.2025 | ||
Unaudited | Unaudited | unaudited | Unaudited | Unaudited | Audited | ||
Gross segment revenue Construction Real estate Others Revenue from operations Segment result " Construction Real estate Others Total Less: Unallocable finance cost Add: Unallocable other income Add: Share of profit of associates Profit before exceptional items and taz Less: Exceptional items (net) | 4,826.58 | 4,397.61 | 5,285.90 | 14,375.52 | zS,842.21 | 21,934.66 | |
4T.71 | 145.40 | 58.62 | 214.77 | 223.83 | 262.26 | ||
0.00 | 2.44 | 2.44 | |||||
4,M3.0I | 5,344.S2 | t6,068.48 | 22,199.36 | ||||
2 | |||||||
261.93 | 220.02 | 286.80 | 779.63 | 860.74 | 1,230.03 | ||
7.89 | 20.56 | 7.40 | 29.59 | 34.60 | 40.09 | ||
(0.68) | 0.55 | (2.70) | (0.63) | (5.54 | |||
269.t4 | 24l.13 | 291.50 | 80s.s9 | 1,258.dd | |||
(58.70} | (44.91} | (42.90) | (111.42) | (161.01) | |||
2.99 | l0Wl | 11.32 | 23.32 | 30.99 | 79.98 | ||
1.83 | 199 | 10.11 | 5.78 | 1075 | 9.67 | ||
2t5.26 | 208.62 | 69254 | 820.12 | ||||
(33.67] | (33.67) | ||||||
Profit before tax | IBM.59 | 208.62 | 2y0.03 | 658.57 | 820.12 | ||
Segment assets Construction Real estate Others Total segment assets Add: Unallocable corporate assecs Total assets Segment liablllties Construction Real estate Others Total segment liabilities Add: Una))ocab)e corporate liabilities Total liabilities | 23,175.50 | 18,917.14 | 18,110.96 | ||||
1,075.06 | 812.t1 | 860.96 | |||||
60.09 | 55.24 | 61.11 | |||||
24,310.65 | 19.784.49 | ||||||
1,214.90 | 1,165.54 | 1,973.35 | |||||
zs,szs.ss | 20,950.03 | ||||||
4 | |||||||
14.603.90 | 11,456.75 | 12,017.22 | |||||
513.42 | 276.0d | 306.41 | |||||
50.98 | 53.22 | 51.63 | |||||
y5,:t68.40 | |||||||
2,510.22 | 1,920.68 | 1,128.68 | |||||
t7,szs.sz | t3,706.69 | ||||||
" Includes other income and finance costs penaining to respective segments. Mates: The Group has reported segment information as per Ind AS 108 "Operating Segments". The identification of operating segments is consistent with performance assessment and resource a))ocation by the management.
Unallocable assets mainly comprise investments, investment property, borrowings and bank balances that can be used across segments. UnaITocab)e liabilities mainly comprise short term borrowings and interest accrued thereon. By order of the Board for NCC Lim ted › NCC Place : Hyderabad A.A.V.RANGA RAJU Date : 05.02.2026 Managing DireQor | |||||||
S.R. BATLIBOI B ASSOCIATES LLP
C har te r ed A ccounta n t s
Independent Auditor's Review Report on the Quarterly and Year to Date Unaudited Consolidated Financia1 Results of NCC Lim ited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended
Review Report to
The Board of Directors NCC Limited
l . We leave review ed the accompanvin; Statement of unaudited consolidated financiaI results ofNCC Limited (the ' Holding Compan) ") which includes 4 branches. 42 joint operations and its Subsidiaries(the Holding Company and its subsidiaries toSetherreferred to as "the Group") and its associates for the quarter and nine nionth period ended December 31. 2025 (the Statement") attached herewith. being subniitted by the Holding Company pursuant to the requirements of Regulation 33 ot the SEBI (Listing Obligations and Disclosure Requirements) Regulations. 20 15, as amended (the Listing Regulations").
The Holding Company's Management is responsible for the preparation of the Statement in accordance with the recognition and ineasurein ent principles laid down in Indian Accounting Standard 34, (Ind AS 34) Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 20 13 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The Stateiiient has been approved hy the Holding Company 's Board of Directors . Our responsib ility is to express a conclusion on the Statement based on our review.
We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, 'Review ot Interim Financial Infomiation Performed by the Independent Auditor of the Entity'" issued bj the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters. and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that u'e would become anare of all significant matters that might be identified in an audit. Accordingly, eve do not express an audit opinion.
We also performed procedures in accordance u ith the Master Circular issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent applicahle.
The Statement includcs the results ot the entities as ret'erred in Annexure 1.
Based on our review' conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the res'ieiv reports of other auditors reterred to in paragraph 6 and 7 below', nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance »'ith recognition and measurement principles laid down in the aforesaid Indian Accounting Standards ( Ind AS ) specified under Section 133 of the Companies Act, 2013. as amended. read with relevant rules issued thereunder and other accounting principles generally accepted in India. has not disclosed the infomiation required to be disclosed in terms of the Listing Regulations, including the manner in u'hich it is to be disclosed, or that it contains any material niisstatement.
S.R. BATLIBOI & AsSociArEs LLP
C ha rtered Ac count ant s
The accoiiipanying Statement incfades the unaudited interim financial results and other financial information. in respect ofi
29 subsidiaries and 1 branch, v hose unaudited interim financial results and oilier financial intormat ion ret4ect total revenues of Rs 826. 14 crores and Rs 2,427.5 1 crores. total net profit after tax ot Rs. 28.40 crores and Rs. 88.5 1 crores, total comprehensive incoiiie of Rs. 28.40 crores and Rs. 88.51 crores, for the quartet and nine month period ended December 31. 2025, respectively. as considered in the Statement which have been reviewed by their respective independent auditors.
« 2 associates. whose unaudited interim financial results and other financial information includes Group s share of net loss of Rs. 0.76 crores and Rs. 0 08 crores and Group s share of total comprehensive loss or Rs. 0.76 crores and Rs. 0.08 crores for the quarter and nine month period ended December 3 1, 2025. respectively, as considered in the Statement whose interim financial results and other financial information have been reviewed by' their respective independent auditors.
The independent auditor's reports on unaudited interim financial results and other financiaI information of these eniities have been Iumished to us by the Manasementand our conclusion on the Statement, in so far as it relates to the amounts and disclosures in respect of these subsidiaries, branch and associates is based solet j on the report of such auditors and procedures performed by
us as stated in paragraph 3 above.
Of these above. 2 subsidiaries and I branch are located outside India whose unaudited interim financia I results and other financial information have been prepared in accordance « ith accounting principles generally accepted in their respective countries and which have been reviewed by other auditors under generally accepted auditing standards applicable in their respective countries. The Holding Company 's management has converted the financial results of such subsidiaries and branch located outside India front accounting principles generally accepted in their respective countries to accounting principles generally accepted in India. We have revieu ed these conversion adjustments made b› the Holding Company 's management. Our conclusion in so far as it relates to the balances and affairs of such subsidiaries and branch located outside India is based on the report Of other auditors and the conversion adjustments prepared by the management of the Holdi°6 Company and reviewed b)' us.
The accompanying Stateni ent includes unaudited interim financial results and other unaudited tinancial information in respect ot:
4 subsidiaries. whose interim financial results and other tinancial information reflect total revenues ofNil and Nil, tota1net profit after tax of Nil and Nil, total comprehensive income of Nil and Nil, for the quarter and nine nionth period ended December 31, 2(l25, respective ly, whose interim financial results and other financial information have not been reviewed by their auditors.
5 associates. whose interim financial results and other financial information includes the Group's share of net profit of Rs. 2.54 crores and Rs 5. 81 crores and Group's share of total comprehensive income of Rs. 2.54 crores and Rs. 5.8 1 crores for the quarter and nine month period ended December 3 1, 2025. respectively, those interim financial results and other financial information have not been reviewed by their auditors.
S.R. AT idol s AssoClATES LLP
Chart ered Accountant s
The unaudited interim financial results and other unaudited financial information of these subsidiaries and associates ha›e been approved and furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the affairs of these subsidiaries and associates, is based solely on such unaudited interim financial results and other unaudited financial information. According to the information and explanations gisen to us by the Management, these interim financial results are not material to the Group.
Our conclusion on the Statement in respect of matters stated in para 6 and 7 above is not modified with respect to our reliance on the work done and the reports of the other auditors and the financial results certified by the Management.
For S.R. Batliboi & Associates LLP
Chartered Accountants
ICAI Firm registration number: l0l049W/E300004
per Harish Khemnani
Partner
membership No.: 21557G UDIN: 2621 S576NHCSHO8172
Place: Hyderabad
Date: February 05, 202f›
S.R. BAriiBOl & ASSociArrs LLP
Cha rt ered Ac counI ant s
Annexure 1
Sl No. | Name of the Entity |
Holding Company: | |
NCC Limited | |
Subsidiaries: | |
1 | AKHS Homes LLP |
2 | Al Mubarak ia Contracting Co. L.L.C. |
3 | CSVS Property Developers Private Limited |
4 | Dhatri De›'elopers & Projects Private Limited |
5 | I Kumar-N CC Private Limited |
6 | JIC Homes Private Limited |
7 | Kedarnath iteal Estates LLP |
8 | M A Property Developers Priv'ate Limited |
9 | Mallelavanaln Property DeveIopers Private Limited |
1 0 | Nagajuna Construction Company International L.L.C. |
1 1 | Nagarjuna Contract ing Co. L.L.C. |
12 | Nandjala Real Estates LLP |
13 | NCC AMISP Marathwada Private Limited |
14 | NCC AMISP Raj Private Limited |
15 | NCC Infra Limited |
16 | NCC Intrastnicture Hot dings Limited |
17 | NCC Infrastructure Holdings Mauritius Re. Limited |
1 8 | NCC Quantum Technologies Private Limited |
19 | NCC Urban & Elina Space LLP |
20 | NCC Urban Hornes Private Limited |
21 | NCC Urban Infrastructure Limited |
22 | NCC Urban Ventures Private Limited |
23 | NCC A International Kuwait General Contracts Company LLC |
24 | NCES Infraspace LLP |
25 | OB Infrastructure Limited |
26 | Pachhwara Coal Mining Private limited |
27 | PRG Estates UP |
28 | Samashti Gas Energy L imited^ |
29 | Savitra Agri Industrial Park Private Limited |
30 | Sri Raea Nivas Property Developers LLP |
" 1 | Sushanti Housing Private Limited |
32 | Sushanti A venues Private Limited |
33 | Sushruta Real Estates Private Limited |
34 | Talaipalli Coal Mining Private Limited |
35 | Thtricky a Real Estates LLP |
36 | Varma Infrastructure LLP |
37 | Vera Avenues Private Limited |
38 | VSN Property Developers LLP |
S.R. BATLIBOI & A5SociArEs LLP
Cnarterea Accountants
Associates: | |
1 | Apollonius Coal and Energy Pte. Limited |
2 | Brindavan Infrastructure Company Limited |
3 | Ekana Sportz City Private Limited |
4 | Himalayan Green Energy Private Limited^ |
5 | Nagarjuna Facilities Management Services L.L.C. |
6 | Paschal Form Work (India) Private limited* |
7 | Pondicherry Tindivanam Tollway Limited |
8 | Varaprada Real Estates Private Limited |
9 | UHPFRC Nagpur LLP |
^ Struck off with effect from March 20, 2025
^^ Merged with NCC Limited with effect from April 01, 2024 Struck off with effect from January 06, 2025
* Ceased to be an associate with effect from September 23, 2024
Consolidated:
Third Quarter
PRESS RELEASE
On a consolidation basis, NCC Limited has reporteda turnover of F 4fQl.43 Crore (including other incomej for the 3rd quarter of the current year as against T 5382.86 Crore in the corresponding quarter of the previous year. The Company has reported E8IDTA of ¥ 436.24 Crore and Net Proflt offrlbu)oble to shareholders of the company of
¥ J22.46 Crore as againsf 7 440.90 Crore and Z l 93.18 Crore respectively in )he corresponding quarter ot the previous year. The company has reported Basic and Diluted EPS of 7 1.95 tor 3rd quarter as against 7 3.08 in the conesponding quarter of the previous year.
N1ne months' oeñod:
The Company has reporteda turnover of 6 14693.42 Crore (including ofher income) for the nine months of the current year as against T T6165.55 Crore in the corresponding nine months of the previous year. The company has reported EBIDTA of € 1285.67 Crore and Nef ProC otlrlbutoble fa shareholders of the company of 7469.30 Crore for the nine months period ended 31st December, 2025 as against Z136J .76 Crore and 7 566.06 Crore reported respectively in the corresponding nine months period of the previous year. The company has reported Basic ond Diluted EPS of 7 7.47 for the nine months period as against Z 9.02 in fhe corresponding nine months period of the previous year.
Standalone Third Quarter:
The company reporteda turnover of ¥ 4082.27 Crore (including other income} for the 3rd quarter of the current year as agalnst T 47a9.87 Crore In the corresponding quarter of the prevlous year. The Company has reported EBIDTA at € 327.31 Crore and Net Profft of F 82.OJ Crore as agalnst 7 409.39 Crore and T 185.27 Crore reported respectively In the corresponding quarter of the previous year. The company has reported Basic and Diluted EPS of ' 1.30 for 3rd quarter as against 7 2.95 In the corresponding quarter of the previous year.
Nine monfhs' oerlod:
The company has reporteda turnover of F 12287.09 Crore llncludlng other Income) for the nlne months period of the current year as against 7 13947.50 Crore in the correspondlng nlne months perlod of the previous year. The company has reported EBIDTA of ¥ 999.58 Crore and Net Pro0t of £ 373.88 Crore for the nine months period ended 31st December, 2025 as against T 1249.34 Crore and 7 545.68 Crore reported respectively in the corresponding nine months period ot the previous year. The company has reported Basic and Diluted EPS of ¥ 5.95 for the nine months period as against T 8.69 in the corresponding nine months period of the previous year.
In the third quarter of the current year, the company has secured orders aggregating to £ 12430 Crore and the Order Book stood at 7 79571 Crore ona consolidated basis as at 31st December, 2025.
For NCC LlmPed
Place: Hyderabad Date: 05.02.2026
NCC Limited
C)N: L72200TG1990PLC011146
NCC House, Madhapur, Hyderabad 500 081 T +91 40 2326 8888 F +91 40
A.A.V. Ranga Ro)u
Managing Dkector
2212 5555 nccIimited.com