General information about company

Scrip code538838
NSE Symbol
MSEI Symbol
ISIN*INE407P01017
Name of companyINDO COTSPIN LIMITED
Type of company
Class of securityEquity
Date of start of financial year01-04-2019
Date of end of financial year31-03-2020
Date of board meeting when results were approved25-01-2020
Date on which prior intimation of the meeting for considering financial results was informed to the exchange04-01-2020
Description of presentation currencyINR
Level of rounding used in financial resultsLakhs
Reporting QuarterThird quarter
Nature of report standalone or consolidatedStandalone
Whether results are audited or unauditedUnaudited
Segment ReportingSingle segment
Description of single segmentTEXTILES PRODUCTS
Start date and time of board meeting25-01-2020 12:30
End date and time of board meeting25-01-2020 02:30
Declaration of unmodified opinion or statement on impact of audit qualificationNot applicable



Financial Results – Ind-AS

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-10-201901-04-2019
BDate of end of reporting period31-12-201931-12-2019
CWhether results are audited or unauditedUnauditedUnaudited
DNature of report standalone or consolidatedStandaloneStandalone
Part IBlue 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.
1Income
Revenue from operations387.46681.5
Other income4.1519.43
Total income391.61700.93
2Expenses
(a)Cost of materials consumed262.15550.53
(b)Purchases of stock-in-trade2.9411.9
(c)Changes in inventories of finished goods, work-in-progress and stock-in-trade58.91-34.83
(d)Employee benefit expense 13.1430.62
(e)Finance costs0.370.37
(f)Depreciation, depletion and amortisation expense15.5844.49
(f)Other Expenses
1Other Expenses36.6185.32
10
Total other expenses36.6185.32
Total expenses389.7688.4

Financial Results – Ind-AS

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-10-201901-04-2019
BDate of end of reporting period31-12-201931-12-2019
CWhether results are audited or unauditedUnauditedUnaudited
DNature of report standalone or consolidatedStandaloneStandalone
Part IBlue 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.
3Total profit before exceptional items and tax1.9112.53
4Exceptional items 00
5Total profit before tax1.9112.53
7Tax expense
8Current tax00
9Deferred tax-1.43-3.37
10Total tax expenses-1.43-3.37
11Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement00
14Net Profit Loss for the period from continuing operations3.3415.9
15Profit (loss) from discontinued operations before tax00
16Tax expense of discontinued operations00
17Net profit (loss) from discontinued operation after tax00
19Share of profit (loss) of associates and joint ventures accounted for using equity method00
21Total profit (loss) for period3.3415.9
22Other comprehensive income net of taxes00

Financial Results – Ind-AS

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-10-201901-04-2019
BDate of end of reporting period31-12-201931-12-2019
CWhether results are audited or unauditedUnauditedUnaudited
DNature of report standalone or consolidatedStandaloneStandalone
Part IBlue 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.
23Total Comprehensive Income for the period3.3415.9
24Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
25Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent00
Total comprehensive income for the period attributable to owners of parent non-controlling interests00
26Details of equity share capital
Paid-up equity share capital420.05420.05
Face value of equity share capital1010
27Details of debt securities
28Reserves excluding revaluation reserve
29Earnings per share
iEarnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations0.050.3
Diluted earnings (loss) per share from continuing operations0.050.3
iiEarnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations00
Diluted earnings (loss) per share from discontinued operations00
iiEarnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations0.050.3
Diluted earnings (loss) per share from continuing and discontinued operations0.050.3
30Debt equity ratio0.0040.008
31Debt service coverage ratio00
32Interest service coverage ratio00
33Disclosure of notes on financial resultsTextual Information(1)

Text Block

Textual Information(1)NOTES:-
1.THE ABOVE STANDALONE RESULTS HAVE BEEN REVIEWED BY THE AUDIT COMMITTEE IN THEIR MEETING HELD ON 25TH JANUARY , 2020 AND APPROVED BY THE BOARD OF DIRECTORS IN THEIR MEETING HELD ON THE 25TH JANUARY , 2020.
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
31st DECEMBER , 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 NIL. 3Ist DECEMBER, 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:25th JANUARY , 2020



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results

Particulars3 months/ 6 month ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period01-10-201901-04-2019
Date of end of reporting period31-12-201931-12-2019
Whether accounts are audited or unaudited
Nature of report standalone or consolidatedStandaloneStandalone
1Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2Segment 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
4Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities
Net Segment Liabilities
Disclosure of notes on segments