Integrated Filing — IndAS



General information about company
Scrip Code 000000
NSE Symbol AKASH
MSEI Symbol NOTLISTED
ISIN INE737W01013
Name of company AKASH INFRA PROJECTS LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 30-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 26-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Construction
Start date and time of board meeting 30-May-2025   11:20:00
End date and time of board meeting 30-May-2025   12:20:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2024-04-23
Indicate Company website link for updated RPT policy of the Company http://akashinfra.com/announcements.php#tab01
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
There is no default on Loans and Debt Securities hence disclosure is not required.



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 132588000 265141000
Other income 1202000 5736000
Total income 133790000 270877000
2 Expenses
(a) Cost of materials consumed 85244000 159803000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -25381000 -42058000
(d) Employee benefit expense 7219000 28448000
(e) Finance costs 16301000 40063000
(f) Depreciation, depletion and amortisation expense 1367000 5748000
(f) Other Expenses
1 Other Expenses 32015000 73860000
Total other expenses 32015000 73860000
Total expenses 116765000 265864000
3 Total profit before exceptional items and tax 17025000 5013000
4 Exceptional items 0 0
5 Total profit before tax 17025000 5013000
6 Tax expense
7 Current tax 721000 721000
8 Deferred tax 187000 687000
9 Total tax expenses 908000 1408000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 16117000 3605000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 16117000 3605000
17 Other comprehensive income net of taxes -218000 -92000
18 Total Comprehensive Income for the period 15899000 3513000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 168625000 168625000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 647030000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.94 0.21
Diluted earnings (loss) per share from continuing operations 0.94 0.21
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.94 0.21
Diluted earnings (loss) per share from continuing and discontinued operations 0.94 0.21
24 Debt equity ratio 0 0
25 Debt service coverage ratio 0 0
26 Interest service coverage ratio 0 0
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) 1. The Financial Results of the Company have been reviewed and recommended by the Audit Committee and approved by the Board of Directors of the Company in their meeting held on 30, May 2025. The Results are being published in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Statutory Auditors of die Comapny have expressed an unmodified opinion on the above results. n n2. The Financial results have been prepared in accordance with Indian Accounting Standards (IND AS') as prescribed under section 133 of Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and relevant ammendment thereunder. n n3. The figuers for the quarter ended 31.03.2025 and the quarter ended 31.03.204 as reported in these financial Results are the Balancing figures between the Audited Figures in respect of the full Financial year and the unaudited published year to date figures up to the Third Quarter of the respective Financial Year. n n4. Comparative figures have been rearranged/regrouped wherever necessary. n



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 29876000
Capital work-in-progress 0
Investment property 0
Goodwill 0
Other intangible assets 0
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 7470000
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 29648000
Total non-current financial assets 37118000
Deferred tax assets (net) 4028000
Other non-current assets 35000
Total non-current assets 71057000
2 Current assets
Inventories 337482000
Current financial asset
Current investments 0
Trade receivables, current 1493072000
Cash and cash equivalents 547000
Bank balance other than cash and cash equivalents 53701000
Loans, current 0
Other current financial assets 5749000
Total current financial assets 1553069000
Current tax assets (net) 0
Other current assets 21851000
Total current assets 1912402000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 1983459000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 168625000
Other equity 647030000
Total equity attributable to owners of parent 815655000
Non controlling interest
Total equity 815655000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 6050000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 118282000
Total non-current financial liabilities 124332000
Provisions, non-current 0
Deferred tax liabilities (net) 0
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 124332000
Current liabilities
Current financial liabilities
Borrowings, current 790550000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 19740000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 216627000
Total Trade payable 236367000
Other current financial liabilities 5617000
Total current financial liabilities 1032534000
Other current liabilities 5881000
Provisions, current 4275000
Current tax liabilities (Net) 782000
Deferred government grants, Current 0
Total current liabilities 1043472000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 1167804000
Total equity and liabilites 1983459000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Item that will not be reclassified to profit and loss -258000 -109000
Total Amount of items that will not be reclassified to profit and loss -258000 -109000
2 Income tax relating to items that will not be reclassified to profit or loss -40000 -17000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0 0
5 Total Other comprehensive income -218000 -92000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 5013000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 40063000
Adjustments for decrease (increase) in inventories -37978000
Adjustments for decrease (increase) in trade receivables, current 33276000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 16563000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current 431000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 17518000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 0
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 5748000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current -1310000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 5223000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income 0
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 55000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items -779000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 78810000
Net cash flows from (used in) operations 83823000
Dividends received 0
Interest paid 0
Interest received -3996000
Income taxes paid (refund) 1236000
Other inflows (outflows) of cash -600000
Net cash flows from (used in) operating activities 77991000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 2000000
Purchase of property, plant and equipment 2286000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 3996000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 146000
Net cash flows from (used in) investing activities 3856000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 42708000
Payments of lease liabilities 0
Dividends paid 0
Interest paid 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash -40063000
Net cash flows from (used in) financing activities -82771000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -924000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents -924000
Cash and cash equivalents cash flow statement at beginning of period 1471000
Cash and cash equivalents cash flow statement at end of period 547000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 RRS & Associates Yes 31-May-2025


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Akash Infra Projects Ltd Yoginkumar H Patel Director Remuneration 1800000 Approved 1800000 3062000 433000
2 Akash Infra Projects Ltd Ambusinh P. Gol Director Remuneration 1800000 Approved 1800000 3062000 433000
3 Akash Infra Projects Ltd Dinesh H Patel Director Remuneration 900000 Approved 900000 816000 750000
4 Akash Infra Projects Ltd Premalsinh P. Gol Director Remuneration 900000 Approved 900000 345000 1110000
5 Akash Infra Projects Ltd Akash Petroleum Pvt. Ltd Associates Purchase of goods or services 12500000 Approved 12461000 250000 3698000
6 Akash Infra Projects Ltd Akash Petroleum Pvt. Ltd Associates Any other transaction Rent 354000 Approved 354000 0 0
7 Akash Infra Projects Ltd Yoginkumar H Patel Director Any other transaction Rent 240000 Approved 240000 1080000 1296000
8 Akash Infra Projects Ltd Ambusinh P. Gol Director Any other transaction Rent 240000 Approved 240000 1080000 1296000
9 Akash Infra Projects Ltd Aadhyashakti Minings Pvt. Ltd. Associates Loan 730000 Approved 730000 17820000 18350000
10 Akash Infra Projects Ltd Aadhyashakti Minings Pvt. Ltd. Associates Any other transaction Loan repaid 200000 Approved 200000 0 0
11 Akash Infra Projects Ltd Divyalaxmi Finlease Pvt. Ltd Associates Interest paid 9000 Approved 9000 2346000 2355000
12 Akash Infra Projects Ltd Akash Residency & Hospitality Pvt. Ltd Associates Any other transaction Loan repaid 2710000 Approved 2710000 49218000 46508000
13 Akash Infra Projects Ltd Ambusinh P. Gol Director Loan 3000000 Approved 3000000 217800000 205450000
14 Akash Infra Projects Ltd Ambusinh P. Gol Director Any other transaction Loan repaid 15350000 Approved 15350000 0 0
15 Akash Infra Projects Ltd Dinesh H Patel Director Any other transaction Loan repaid 13125000 Approved 13125000 23999000 10874000
16 Akash Infra Projects Ltd Yoginkumar H Patel Director Loan 5000000 Approved 5000000 124149000 100724000
17 Akash Infra Projects Ltd Yoginkumar H Patel Director Any other transaction Loan repaid 28425000 Approved 28425000 0 0
18 Akash Infra Projects Ltd Premalsinh P. Gol Director Loan 2140000 Approved 2140000 0 2140000
Total value of transaction during the reporting period 89384000