NILAINFRA2023-07-012023-09-30 NILAINFRA2023-07-012023-09-30 NILAINFRA2023-07-012023-09-30in-bse-fin:OneOperatingExpenses01Member NILAINFRA2023-07-012023-09-30in-bse-fin:FourOperatingExpenses01Member NILAINFRA2023-09-30 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 530377 NILAINFRA NOTLISTED Nila Infrastructures Limited Equity 2023-04-01 2024-03-31 2023-11-09 2023-11-01 INR Lakhs Half yearly 11:00:00 14:00:00 2023-11-09 2023-11-09 true Cash Flow Indirect Not applicable Single segment Construction & Development of Infrastructure Projects 2023-07-01 2023-09-30 Unaudited Standalone 392992000.00 37124000.00 430116000.00 814847000.00 0.00 -453000000.00 10047000.00 20104000.00 3230000.00 295000.00 395523000.00 34593000.00 0.00 34593000.00 9605000.00 -21000.00 9584000.00 0.00 25009000.00 0.00 0.00 0.00 0.00 25009000.00 0.00 25009000.00 0.00 0.00 393889000.00 1 0.06 0.06 0.00 0.00 0.06 0.06 2. Statement of standalone Cash Flows is attached in Annexure I. 3. These results have been prepared in accordance with the IND AS notified under the Companies (Indian Accounting Standard) Rules 2015 as amended from time to time. 4. The above standalone Financial Results have been reviewed by the Audit Committee and subsequently approved by the Board of Directors at their meetings held on 9 November 2023. The same have also been subjected to limited review by the statutory auditors and have issued unmodified conclusion on the same. 5. The entire operations of the Company constitute a single operating segment i.e. “construction and development of infrastructure projects” as per Ind AS 108 “Operating segments” specified under Section 133 of the Companies Act 2013. 6. The Parliament of India has approved the Code on Social Security, 2020 (the Code) which may impact the contributions by the Company towards provident fund, gratuity and ESIC. The Code has been published in the Gazette of India. However, the effective date has not yet been notified. The Company will assess the impact of the Code when it comes into effect and will record related impact, if any, in the period the Code becomes effective. 7. The Income-Tax Department had carried out a search operation at the Company's various business premises and residential premises of promoters and certain key employees of the company, under Section 132 of the Income-tax Act, 1961 on September 08, 2021. The Company had made the necessary disclosures to the stock exchanges in this regard on September 12, 2021, in accordance with Regulation 30 of the SEBI (LODR) Regulations, 2015 (as amended). As of the date of issuing these financial results, the Company has received notices under Section 148 and / or Section 142(1)/143(2) of the Income Tax Act, 1961 for the assessment years 2014-15, 2016-17 to 2022-23, to which the Company has responded. Till the quarter and six months ended September 30, 2023, the Company received orders for assessment years 2014-15, 2016-17 to 2022-23 and the Company has filed the necessary response and / or appeal. Management believes that these developments are unlikely to have a significant impact on the Company's financial position as of September 30, 2023, and its performance for the quarter and six months ended on that date, as presented in these standalone financial results. However, due to the nature and complexity of the matter, the final outcome remains uncertain, making it currently impossible for the management to determine the potential impact, if any, on the results related to this issue. The statutory auditors have issued an Emphasis of Matter in their review report on the standalone financial results for the quarter and six months ended September 30, 2023, highlighting this matter. 8. Figures have been regrouped/rearranged/reclassified whenever necessary. Single segment 2023-04-01 2023-09-30 Unaudited Standalone 635915000.00 72647000.00 708562000.00 1052758000.00 0.00 -453000000.00 19307000.00 40199000.00 6926000.00 369000.00 666559000.00 42003000.00 0.00 42003000.00 8501000.00 3988000.00 12489000.00 0.00 29514000.00 0.00 0.00 0.00 0.00 29514000.00 0.00 29514000.00 0.00 0.00 393889000.00 1 0.07 0.07 0.00 0.00 0.07 0.07 Other Expenses 295000.00 Other Expenses 369000.00 28494000.00 0.00 310166000.00 0.00 66000.00 0.00 0.00 0.00 999310000.00 0.00 380810000.00 187805000.00 1567925000.00 64520000.00 1971171000.00 838146000.00 0.00 73629000.00 42743000.00 54888000.00 350927000.00 1004000.00 523191000.00 5368676000.00 6730013000.00 0.00 8701184000.00 393889000.00 1118571000.00 1512460000.00 1512460000.00 296608000.00 0.00 36744000.00 333352000.00 8024000.00 93362000.00 434738000.00 327312000.00 224937000.00 8023000.00 560272000.00 6179427000.00 14287000.00 6753986000.00 7188724000.00 8701184000.00 40199000.00 -453000000.00 123342000.00 0.00 103644000.00 0.00 -429000.00 -23260000.00 0.00 -185162000.00 0.00 781698000.00 0.00 6926000.00 0.00 2222000.00 0.00 14084000.00 0.00 0.00 0.00 72640000.00 0.00 0.00 0.00 0.00 0.00 0.00 4589000.00 342213000.00 384216000.00 0.00 0.00 0.00 3831000.00 0.00 380385000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -2819000.00 60403000.00 0.00 22119000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 219114000.00 0.00 0.00 0.00 0.00 73745000.00 0.00 -49467000.00 0.00 -280177000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 33476000.00 0.00 0.00 0.00 40486000.00 0.00 0.00 -73962000.00 26246000.00 0.00 26246000.00 16497000.00 42743000.00