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 year01-04-2018
Date of end of financial year31-03-2019
Date of board meeting when results were approved21-07-2018
Date on which prior intimation of the meeting for considering financial results was informed to the exchange11-07-2018
Description of presentation currencyINR
Level of rounding used in financial resultsLakhs
Reporting QuarterFirst quarter
Nature of report standalone or consolidatedStandalone
Whether results are audited or unauditedUnaudited
Segment ReportingSingle segment
Description of single segmentTEXTILES
Start time of board meeting21-07-2018 09:30
End time of board meeting21-07-2018 11:00
Declaration of unmodified opinion or statement on impact of audit qualification



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 period01-04-201801-04-2018
BDate of end of reporting period30-06-201830-06-2018
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 operations141.42141.42
Other income20.5720.57
Total income161.99161.99
2Expenses
(a)Cost of materials consumed120.51120.51
(b)Purchases of stock-in-trade0.320.32
(c)Changes in inventories of finished goods, work-in-progress and stock-in-trade-0.22-0.22
(d)Employee benefit expense 9.529.52
(e)Finance costs0.450.45
(f)Depreciation, depletion and amortisation expense7.37.3
(f)Other Expenses
1Other Expenses21.0821.08
10
Total other expenses21.0821.08
Total expenses158.96158.96

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 period01-04-201801-04-2018
BDate of end of reporting period30-06-201830-06-2018
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 tax3.033.03
4Exceptional items 00
5Total profit before tax3.033.03
7Tax expense
8Current tax0.570.57
9Deferred tax0.460.46
10Total tax expenses1.031.03
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 operations22
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 period22
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 period01-04-201801-04-2018
BDate of end of reporting period30-06-201830-06-2018
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 period22
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 operations0.050.05
Diluted earnings (loss) per share from continuing operations0.050.05
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 operations0.050.05
Diluted earnings (loss) per share from continuing and discontinued operations0.050.05
30Debt equity ratio00
31Debt service coverage ratio00
32Interest service coverage ratio00
33Disclosure of notes on financial resultsTextual Information(1)

Text Block

Textual Information(1)1.THE ABOVE STANDALONE RESULTS HAVE BEEN REVIEWED BY THE AUDIT COMMITEE IN THEIR MEETING HELD ON 21ST JULY 2018 AND APPROVED BY THE BOARD OF DIRECTORS IN THEIR MEETING HELD ON THE 21ST JULY 2018.
2. THERE ARE NO DIFFERENCE IN THE NET PROFIT REPORTED IN ACCORDANCE WITH INDIAN GAAP TO TOTAL COMPREHENSIVE INCOME IN ACCORDANCE WITH IND-AS FOR THE QUARTER ENDED 30TH JUNE 2018.HENCE NO RECONCILATION STATEMENT IS PREPARED FOR RECNCILATION 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 NUMBERSOF PAID UP EQUITY SHARES.
5. INVESTORS COMPLAIN NIL 30TH JUNE 2018.
6. FIGURES FOR THE PREVIOUS PERIOD HAVE BEEN REGROUPED/RECLASSIFIED WHERVER NECESSARY TO CONFORM TO CURRENT PERIOD'S CLASSIFICATION.

FOR INDO COTSPIN LIMITED


BALKISHAN AGGARWAL(MANAGING DIRECTOR)
PLACE: PANIPAT
DATE: 21/07/2018



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 period01-04-201801-04-2018
Date of end of reporting period30-06-201830-06-2018
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