PNCINFRA2023-10-012023-12-31 PNCINFRA2023-10-012023-12-31 PNCINFRA2023-10-012023-12-31in-bse-fin:OneOperatingExpenses01Member PNCINFRA2023-10-012023-12-31in-bse-fin:FourOperatingExpenses01Member PNCINFRA2023-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 539150 PNCINFRA NOTLISTED PNC Infratech Limited Equity 2023-04-01 2024-03-31 2024-02-06 2024-01-29 INR Lakhs Third quarter 10:15:00 12:30:00 2024-02-06 2024-02-06 Not applicable Single segment Infrastructure Devlopment and Construction/Project Activities 2023-10-01 2023-12-31 Unaudited Standalone 18027434000.00 42306000.00 18069740000.00 13501615000.00 0.00 0.00 864299000.00 171956000.00 260914000.00 1266862000.00 16065646000.00 2004094000.00 0.00 2004094000.00 502461000.00 -9209000.00 493252000.00 0.00 1510842000.00 0.00 0.00 0.00 0.00 1510842000.00 6755000.00 1517597000.00 0.00 0.00 513078000.00 2 5.89 5.89 0.00 0.00 5.89 5.89 1. The above standalone results have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on February06,2024. 2. The results for the quarter and nine months ended on December 31, 2023are in compliance withIndian Accounting Standards (Ind-AS)notified bythe Ministry of Corporate Affairs, read with SEBICircular No SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated 11.07.2023 as amended and in terms of amendments made in SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015. These results have been subjected to limited review by theStatutory Auditors of the Company. 3. Contract Revenue for nine months ended on December 31, 2023 includes Nil (9MFY23 Rs. 3701.52 lakhs) as bonus received for early completion of the project. 4. The Company has disclosed Infrastructure development including project construction & execution activity as primary segment. Segments have been identified taking into account the nature of work/services, risk, return and organisational structure. The Chief operating decision maker (CODM) identified Road EPC and Water EPCas reportable segments. 5. As permitted by paragraph 4 of Ind AS 108, Operating Segments , notified under section 133 of the Companies Act, 2013, read together with the relevant rules issued thereunder, if a single financial report contains both consolidated financial results and the separate financial results of the parent, segment information need to be presented only on the basis of the consolidated financial results. Thus, disclosure required by Regulation 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 on segment wise revenue results and capital employed are given in consolidated financial results. 6. On January15,2024, the Company and PNC Infra Holdings Limited, a wholly owned subsidiary of the Company have executed definitive agreements with Highways Infrastructure Trust (HIT), an Infrastructure Investment Trust (InvIT) whose sponsor is affiliated with funds, vehicles and/or accounts managed and/or advised by affiliates of KKR & Co. Inc., to divest 12 of the Company’s road assets, which comprises of 11 National Highway (NH) Hybrid Annuity mode (HAM) assets and 1 State Highway BOT Toll asset with approximately 3,800 Lane Kms in the states of Uttar Pradesh, Madhya Pradesh, Karnataka and Rajasthan. The Enterprise Value of the Transaction is INR 9,005.7 Crores together with the earn outs and is subject to any adjustments as stipulated in the definitive agreements translating to an equity value of INR 2,902 Crores (including cash) on invested equity of INR 1,740 Crores. The transaction is subject to certain regulatory and other customary conditions standard to a transaction of this nature. The divestment is aligned with the Company’s strategic objective of recycling the capital invested in operating road assets to leverage the ambitious growth vision that has been outlined by the Government of India for this sector. The names of the Target SPVs arae available in detailed notes* 7. The Company has announced receipt of Rs. 4220.97 lakhs on February 03, 2024 pursuant to the Order pronounced by the Court of Additional District Judge, Commercial Court, Chandigarh in a matter of arbitration award against the claim and interest thereon between the Company and Haryana State Roads & Bridges Development Corporation Limited (HSRDC) in the work of ‘Improvement of Gurgaon-Nuh-Rajasthan Border (SH-13)’. The same will be accounted for in the books of accounts in fourth quarter FY 2023-24. 8. Figures for the previous periods have been regrouped/rearranged, wherever necessary. *Detailed notes uploaded at website of the Company i.e. www.pncinfratech.comand also available on the website of BSE Limited www.bseindia.comand the National Stock Exchange of India Limited www.nseindia.comfor the benefit of the shareholders and investors. Single segment 2023-04-01 2023-12-31 Unaudited Standalone 53571827000.00 177487000.00 53749314000.00 40092149000.00 0.00 0.00 2572011000.00 522610000.00 767033000.00 3786025000.00 47739828000.00 6009486000.00 0.00 6009486000.00 1548192000.00 -13203000.00 1534989000.00 0.00 4474497000.00 0.00 0.00 0.00 0.00 4474497000.00 20265000.00 4494762000.00 0.00 0.00 513078000.00 2 17.44 17.44 0.00 0.00 17.44 17.44 Other Expenses 1266862000.00 Other Expenses 3786025000.00 6755000.00 20265000.00 0.00 0.00 0.00 0.00