NILAINFRA2024-10-012024-12-31 NILAINFRA2024-10-012024-12-31 NILAINFRA2024-10-012024-12-31in-bse-fin:OneOperatingExpenses01Member NILAINFRA2024-10-012024-12-31in-bse-fin:FourOperatingExpenses01Member NILAINFRA2024-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 530377 NILAINFRA NOTLISTED Nila Infrastructures Limited Equity 2024-04-01 2025-03-31 2025-02-03 2025-01-27 INR Lakhs Third quarter 11:00:00 12:25:00 2025-02-03 2025-02-03 Not applicable Single segment Construction & Development of Infrastructure Projects 2024-10-01 2024-12-31 Unaudited Consolidated 523409000.00 37029000.00 560438000.00 472409000.00 0.00 -28921000.00 13032000.00 10140000.00 3708000.00 12860000.00 483228000.00 77210000.00 0.00 77210000.00 20316000.00 -507000.00 19809000.00 0.00 57401000.00 0.00 0.00 0.00 -8292000.00 49109000.00 0.00 49109000.00 0.00 0.00 393889000.00 1 0.13 0.13 0.00 0.00 0.13 0.13 1 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. 2 The above Consolidated Financial Results have been reviewed by the Audit Committee and subsequently approved by Board of Directors at their meetings held on 03/02/2025. The statutory auditors of the group have conducted review of these financial results in terms of Regulation 33 of SEBI (Listing obligations and disclosure requirements) Regulation, 2015 and have issued unmodified review report on the same. 3 The Company has the following subsidiaries / associate / joint ventures as on 31/12/2024. This confirmation is published pursuant to the direction issued by the stock exchanges: (i) Nila Terminals (Amreli) Private Limited - Wholly Owned Subsidiary (ii) Romanovia Industrial Park Private Limited - Joint Venture (iii) Kent Residential & Industrial Park LLP - Joint Venture (iv) Vyapnila Terminals (Modasa) Private Limited - Associate 4 The entire operations of the Group constitute single operating segment i.e. “construction and development of infrastructure projects” as per Ind AS 108 “Operating segments” specified under Section 133 of Companies Act 2013. 5 The Income-Tax Department had carried out a search operation at the Group's various business premises & residential premises of promoters & certain key employees of Group, under Section 132 of Income-tax Act, 1961 on 08/09/2021. The Group had made necessary disclosures to stock exchanges in this regard on 12/09/2021, in accordance with Regulation 30 of the SEBI (LODR) Regulations, 2015 (as amended). As of the date of issuing these financial results, the Group 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 Group has responded. Till the quarter and nine months ended December 31, 2024, the Group received orders for assessment years 2014-15, 2016-17 to 2022-23 and the Group has filed the necessary response and / or appeal. Management believes that these developments are unlikely to have a significant impact on the Group's financial position as of 31/12/2024, and its performance for the quarter and nine months ended on that date, as presented in these consolidated financial results. However, as the matter is sub-juidice, 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 consolidated financial results for quarter and nine months ended 31/12/2024, highlighting this matter. 6 Based on the findings noted by the Income Tax department in their notices / assessment orders for assessment years 2018-19 and 2019-20, which are under appeal, the GST department has issued demand cum show cause notices for financial years 2017-18 and 2018-19 till July 2024. The Holding Company had made the necessary disclosures to the stock exchanges in this regard on 16/07/2024, in accordance with Regulation 30 of the SEBI (LODR) Regulations, 2015 (as amended). The Holding Company has filed the necessary initial response. The Management believes that these developments are unlikely to have a significant impact on the Group's financial position as of 31/12/2024, and its performance for the quarter and nine months ended on that date, as presented in these consolidated 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 consolidated financial results for the quarter and nine months ended 31/12/2024, highlighting this matter. Single segment 2024-04-01 2024-12-31 Unaudited Consolidated 1334620000.00 113241000.00 1447861000.00 1063164000.00 12824000.00 35464000.00 37935000.00 30366000.00 10317000.00 34838000.00 1224908000.00 222953000.00 0.00 222953000.00 59341000.00 -2306000.00 57035000.00 0.00 165918000.00 0.00 0.00 0.00 -14538000.00 151380000.00 0.00 151380000.00 0.00 0.00 393889000.00 1 0.38 0.38 0.00 0.00 0.38 0.38 Other Expenses 12860000.00 Other Expenses 34838000.00