Outcome of Board Meeting

Date: 10™ December, 2025 To, To, The Listing Department, The Listing Department, National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, 1st Floor, New Trading Ring, Plot No. C/1, G Block, Rotunda Building, Bandra - Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (East), Mumbai - 400 051 Dalal Street, Mumbai - 400 001 NSE Code: GAMMONIND BSE Code: 509550 Dear Sir/ Madam, Sub: Outcome of Board Meeting held on 11" June, 2025 pursuant to Regulation 33 of the SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015. Pursuant to Regulation 33 of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015, you are hereby informed that the Board of Directors (“Board”) of the Company at its meeting held on 11" June, 2025 which commenced at 03:30 p.m. and concluded at 04:00 p.m. inter - alia approved the Un- Audited Standalone and Consolidated Financial Statements of the Company for the quarter and half year ended 30" September, 2024; The aforesaid Financial Results duly reviewed by the Audit Committee, have been approved and taken on record by the Board of Directors together with the Limited Review Report of the Statutory Auditors and the same are placed on the http://www.gammonindia.com/investors/financial-results.htm. You are requested to take the above information on record. Thanking you, For, Gammon India Limited Vemparal Dakshinamurty Additional Director DIN No 00644561 Encl: As above GAMMON INDIA LIMITED. CIN:L74999MH1922PLCO0099T Unaudited Statement of Standalone Assets and Liabilities as at September 30, 2024 (Rin Crore) Particalars AsatSeptember | AsatMarch31, 30, 2020 2020 Unaudited Audited ASSETS NON-CURRENT ASSETS (2} Property, plant and equipment 404.26 40521 (5) Capital work-n-progress - - (c) Financial assets - - () tnvestments 2879 3385 (i} Trade receivable 503.29 503.42 (i) Loans 64.04 8201 (v} Others 1582 2263 (d) Deferred tax ossets (net) - - (e Other non-current assets 47.89 47.70 TOTAL NON-CURRENT ASSETS 1,064.89 110072 CURRENT ASSETS (@) Inventories 563 661 (6) Financil assets - - () Investments 0.03 003 (ii} Trade receivables 498 435 (i) Cash and cash equivalents 0.01 0.00 (i) Bank balances 328 191 (v} Loans 005 005 (V) Others 524 641 (¢ Currenttax assets (net) - - (@) Other current assets 2322 2021 TOTAL CURRENT ASSETS 42.48 39.57 TOTAL ASSETS 110733 1,140.29 EQUITY AND LIABILITIES Equiry (2) Equity share capital 7411 711 (b} Other equity (1010048) (9,570.45) TOTAL EQUITY (10,026.36) (9,496.34) UABILITIES NON-CURRENT LIABILITIES (@) Financialliabilties () Borrowings - - (i) Trade payables - - Total outstanding dues to Micro and Small Enterprises - - - Total outstanding dues to other than Micro and Small Enterprises 460 353 (i) Other financial liabilities 1200 1200 (b) Provisions 089 092 (c) Deferred taxliabilites (net) 94.40 94.13 (d) Other non-current liabilities 4399 4390 TOTAL NON-CURRENT LIABILITIES 155.88 15452 CURRENT LIABILITIES (@) Financial liabilties () Borrowings . . (i) Trade payables . - - Total outstanding dues to Micro and Small Enterprises 029 029 - Total outstanding dues to other than Micro and Small Enterprises 5512 58.17 (i) Other financial labilities 1042763 9,929.03 (b) Other current liabilities 634 619 (©) Provisions 488.44 488.43 (d) Current tax iabilites (net) - TOTAL CURRENT LIABILITIES 10,977.82 1048211 TOTAL EQUITY AND LIABILITIES 1,107.33 1,19029 GAMIMON INDIA LIMITED CIN:L74999MH1922PLC000997 ‘Unaudited Statement of Standalone Financial Results for the half Year Ended September 30, 2024 (in Crore ) Farticulars Quarter ended Half year ended Year ended 30Sep24 | 30Jun24 | 305ep23 | 30Sep24 | 305ep23 31Mar-24 Unaudited | Unaudited | Unaudited | Unaudited | Unaudited Audited T [income a) Revenue from Operations : 656 6.05 571 1261 1472 3925 b) Other income (Refer Note 10) (092} 187 2.01) 095 200 49.10 Total Income (a+b) 568 7.92 370 1356 1672 8835 I {expenses - 2) Cost of material consumed 204 174 209 378 605 1314 b) Changesin WIP & FG - - - - - - o) subcontracting Expenses 11 081 135 192 439 652 d) Employee benefits expense 164 154 188 318 388 7.90 e) Finance Costs 24797 24326 22601 49123 44450 916,65 f) Depreciation & amortization 051 051 044 102 087 178 &) Other expenses 1392 166 694 1558 906 60564 Total Expenses 267.19 24952 23871 S1671 468.75 155173 i |Profit/(Loss) before exceptional items and tax (261.55) (241.60) (235.01) (503.15) (452.03) (1,463.38) W |Exceptional items (Income) / Expenses - 2245 - 2245 11401 11401 V. [profit / (Loss) before tax (261.55) (264.05) (235.0) (525.60) (566.04) (1,577.39)} VI |Tax expenses - Current Tax - - - - Excess / Short Provision of Eartier years - - - - - 384.27 Deferred Tax Liability / (asset) 013 04 o2 027 041 138 Total Tax expenses 013 014 0.21 0.27 041 385.61 VIt [Profit/ (Loss) after tax for the period (261.68) (264.19) (235.22) (525.87) (566.05) (1,963.00)| Vill |Other Comprehensive Income: o Items that will not be reclassified to profit or loss ( net of Tax ) - - Remeasurement gain/ (loss) on defined benefit plans [net of tax] (001 0.05 0.10) 004 (0.08) (0.13) - Net gain/ (1oss) on fair value of equity instruments through OCI - (a21) - (a.21) - Other Comprehensive Income: 10.01) (2.16) (0.10) (@27 T0.08]] (0.13) X |Total Comprehensive Income / (Loss) For The Period / Year 6169) 12683 (235.32) (530.04) (566.53) 11,963.13)] X |Paid up Equity Share Capital { Face Value < 2 per Equity share ) 7411 7421 7411 711 711 7411 Xi_|Other Equity - (9,570.45)} Xil |Earnings per equity share (Nominal value of share € 2) Basic/ Dilutive (Rs.) (before exceptional) (7.09) (6:55) (6.38) (13.65) (1227) (5043) Basic/ Dilutive (Rs.) after exceptional) (7.09) (7.16) (6.38) (14.26), (15.36) (53.22) See accompanying notes to the financial results GAMMON INDIA LIMITED CIN:L74999MH1922PLC000997 Unaudited Standalone Cash Flow Results for the year ended 30 September, 2024 (All Figures are in X. in Crore unless otherwise stated) Particulars April to September 2024 | April to September 2023 Unaudited Unaudited A CASH FLOW FROM OPERATING ACTIVITIES Net Profit Before Tax and Extraordinary Items (503.15) (452.03) Adjustments for : Depreciation 1.02 0.87 (Profit) / Loss on Sale of Assets Interest Expenses. 491.23 444.50 Foreign Exchange Loss / (Gain) 11.90 4.99 Interest Income 0.00 (0.05) Sundry Balances Written Back Operating Profit Before Working Capital Changes 1.00 (1.72)] Trade and Other Financial Receivables (0.50) (1.56) Inventories 0.98 0.15 Trade Payables and Provision (1.96) (0.40) Other Financials and Non Financial Assets (1.58), (1.26) Other financial liabilities 195 149 Other non-financial liabilities 023 0.87 CASH GENERATED FROM THE OPERATIONS 0.12 (2.43)] Direct Taxes Paid / (Refund) (2.01)] Net Cash from Operating Activities 0.12 (0.42) B CASH FLOW FROM INVESTMENT ACTIVITIES Proceeds from Sales PPE - Investment Other Bank Balance (137) 037 Interest Received 126 0.05 Net Cash from Investment Activities (0.17) 0.42 C CASH FLOW FROM FINANCING ACTIVITIES Interest paid 0.15 Net proceeds from Short term Borrowings (0.15) Net Cash from Financing Activities (0.01) - NET INCREASE IN CASH AND CASH EQUIVALENTS 0.01 0.00 Opening Balance 0.00 0.00 Closing Balance 0.01 0.00 NET INCREASE IN CASH AND CASH EQUIVALENTS 0.01 0.00 Components of Cash and Cash Equivalents Cash on Hand 0.01 0.00 Balances with Bank Total Balance 0.01 0.00 Notes: 1. The above unaudited standalone Financial Results for the quarter and half year ended September 30, 2024 were reviewed by the Audit Committee and approved by the Board of Directors of the Company at its meeting held on June 11, 2025 2. The Statutory Auditors of the Company have carried out limited review of the unaudited standalone financial results and have issued their modified conclusion thereon. 3. Results for the quarter and half year ended September 30, 2024 have been prepared in accordance with the Indian Accounting Standards (Ind-AS) as prescribed under Section 133 of the Companies Act, 2013 [Showing first 8,000 characters — download PDF for full document]