General information about company
Scrip code	538838
NSE Symbol
MSEI Symbol
ISIN*	INE407P01017
Name of company	INDO COTSPIN LIMITED
Type of company
Class of security	Equity
Date of start of financial year	01-04-2019
Date of end of financial year	31-03-2020
Date of board meeting when results were approved	29-10-2019
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	06-10-2019
Description of presentation currency	INR
Level of rounding used in financial results	Lakhs
Reporting Quarter	Half yearly
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited	Unaudited
Segment Reporting	Single segment
Description of single segment	TEXTILES PRODUCTS
Start date and time of board meeting	29-10-2019 12:30
End date and time of board meeting	29-10-2019 02:30
Declaration of unmodified opinion or statement on impact of audit qualification	Not applicable

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	01-07-2019	01-04-2019
B	Date of end of reporting period	30-09-2019	30-09-2019
C	Whether results are audited or unaudited	Unaudited	Unaudited
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	152.83	294.04
	Other income	15.26	15.28
	Total income	168.09	309.32
2	Expenses
(a)	Cost of materials consumed	176.9	288.38
(b)	Purchases of stock-in-trade	0.4	8.96
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-68.28	-93.74
(d)	Employee benefit expense	7.03	17.48
(e)	Finance costs	0.15	0.37
(f)	Depreciation, depletion and amortisation expense	14.56	28.91
(f)	Other Expenses
1	Other Expenses	27.17	48.34
10
	Total other expenses	27.17	48.34
	Total expenses	157.93	298.7

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	01-07-2019	01-04-2019
B	Date of end of reporting period	30-09-2019	30-09-2019
C	Whether results are audited or unaudited	Unaudited	Unaudited
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.
3	Total profit before exceptional items and tax	10.16	10.62
4	Exceptional items	0	0
5	Total profit before tax	10.16	10.62
7	Tax expense
8	Current tax	0	0
9	Deferred tax	-1.34	-1.94
10	Total tax expenses	-1.34	-1.94
11	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
14	Net Profit Loss for the period from continuing operations	11.5	12.56
15	Profit (loss) from discontinued operations before tax	0	0
16	Tax expense of discontinued operations	0	0
17	Net profit (loss) from discontinued operation after tax	0	0
19	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
21	Total profit (loss) for period	11.5	12.56
22	Other comprehensive income net of taxes	0	0

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	01-07-2019	01-04-2019
B	Date of end of reporting period	30-09-2019	30-09-2019
C	Whether results are audited or unaudited	Unaudited	Unaudited
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.
23	Total Comprehensive Income for the period	11.5	12.56
24	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
25	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	0	0
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0	0
26	Details of equity share capital
	Paid-up equity share capital	420.05	420.05
	Face value of equity share capital	10	10
27	Details of debt securities
28	Reserves excluding revaluation reserve
29	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	0.01	0.25
	Diluted earnings (loss) per share from continuing operations	0.01	0.25
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	0.01	0.25
	Diluted earnings (loss) per share from continuing and discontinued operations	0.01	0.25
30	Debt equity ratio	0.08	0.09
31	Debt service coverage ratio	0	0
32	Interest service coverage ratio	0	0
33	Disclosure of notes on financial results	Textual Information(1)

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Textual Information(1)

NOTES:- 1.THE ABOVE STANDALONE RESULTS HAVE BEEN REVIEWED BY THE AUDIT COMMITTEE IN THEIR MEETING HELD ON 29TH OCTOBER , 2019 AND APPROVED BY THE BOARD OF DIRECTORS IN THEIR MEETING HELD ON THE 29TH OCTOBER 2019. 2.THERE ARE NO DIFFERENCE IN THE NET PROFIT REPORTED IN ACCORDANCE WITH INDIAN GAAP TO TOTAL COMPEREHENSIVE INCOME IN ACCORDANCE WITH IND- AS FOR THE QUARTER ENDEING 30TH SEPTEMBER, 2019.HENCE NO RECONCILIATION STATEMENT IS PREPAIED FOR RECONCILIATION FOR NET PROFIT REPORTED IN PREVIOUS GAAP TO IND- AS . 3. THE COMPANY OPERATE IN ONE SEGMENT, (TEXTILE PRODUCTS),HENCE NO SEGMENT REPORTING IS PROVIDED. 4. EPS/CASH EPS WORKED OUT ON TOTAL NUMBERS OF PAID UP EQUITY SHARES. 5. INVESTORS COMPLAINS IS NILL.30TH SEPTEMBER 2019 6. FIGURE FOR THE PREIVOUS PERIOD HAVE BEEN REGROUPED / RECLASSIFIED WHEREVER NECESSARY TO CONFIRM TO CURRENT PERIOD'S CLASSIFICATION . FOR INDO COTSPIN LIMITED BALKISHAN AGGARWAL MANAGING DIRECTOR PLACE: PANIPAT DATE:29TH OCTOBER,2019

Statement of Asset and Liabilities
Particulars		Half year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2019
Date of end of reporting period		30-09-2019
Whether results are audited or unaudited		Unaudited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	267.29
	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	0.39
	Trade receivables, non-current	0
	Loans, non-current	13.62
	Other non-current financial assets	0
	Total non-current financial assets	14.01
	Deferred tax assets (net)	8.4
	Other non-current assets	0
	Total non-current assets	289.7
2	Current assets
	Inventories	218.98
	Current financial asset
	Current investments	409.02
	Trade receivables, current	117.01
	Cash and cash equivalents	2.06
	Bank balance other than cash and cash equivalents	31.25
	Loans, current	37.35
	Other current financial assets	0.02
	Total current financial assets	596.71
	Current tax assets (net)	0
	Other current assets	0
	Total current assets	815.69

Statement of Asset and Liabilities
Particulars		Half year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2019
Date of end of reporting period		30-09-2019
Whether results are audited or unaudited		Unaudited
Nature of report standalone or consolidated		Standalone
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	1105.39
	Equity and liabilities
	Equity
	Equity attributable to owners of parent
	Equity share capital	420.05
	Other equity	216.3
	Total equity attributable to owners of parent	636.35
	Non controlling interest
	Total equity	636.35
	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	0
	Trade payables, non-current	0
	Other non-current financial liabilities	0
	Total non-current financial liabilities	0
	Provisions, non-current	6.7
	Deferred tax liabilities (net)	0
	Deferred government grants, Non-current	0
	Other non-current liabilities	0
	Total non-current liabilities	6.7
	Current liabilities
	Current financial liabilities
	Borrowings, current	4.96
	Trade payables, current	451.98
	Other current financial liabilities	5.4
	Total current financial liabilities	462.34
	Other current liabilities	0
	Provisions, current	0
	Current tax liabilities (Net)	0
	Deferred government grants, Current	0
	Total current liabilities	462.34
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	469.04
	Total equity and liabilites	1105.39
	Disclosure of notes on assets and liabilities	Textual Information(1)

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Textual Information(1)	PLACE: PANIPAT FOR AND ON BEHALF OF THE BOARD 29TH, OCTOBER,2019 BAL KISHAN AGGARWAL (MD)

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		01-07-2019	01-04-2019
Date of end of reporting period		30-09-2019	30-09-2019
Whether accounts are audited or unaudited
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
	Net Segment Asset
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities
	Net Segment Liabilities
	Disclosure of notes on segments