General information about company

Scrip code538838
Name of companyINDO COTSPIN LIMITED
Class of securityEquity
Date of start of financial year01-04-2017
Date of end of financial year31-03-2018
Date of board meeting when results were approved31-10-2017
Date on which prior intimation of the meeting for considering financial results was informed to the exchange10-10-2017
Description of presentation currencyINR
Level of rounding used in financial resultsLakhs
Reporting QuarterHalf yearly
Nature of report standalone or consolidatedStandalone
Whether results are audited or unauditedUnaudited
Segment ReportingSingle segment
Description of single segmentTEXTILE PRODUCTS
Start time of board meeting09:30
End time of board meeting11:00



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 period01-07-201701-04-2017
BDate of end of reporting period30-09-201730-09-2017
CWhether results are audited or unauditedUnauditedUnaudited
DNature of report standalone or consolidatedStandaloneStandalone
Part I
1Income
Revenue from operations189.5292.66
Other income4.112.53
Total income193.6305.19
2Expenses
(a)Cost of materials consumed192.85259.25
(b)Purchases of stock-in-trade0.351.8
(c)Changes in inventories of finished goods, work-in-progress and stock-in-trade-37.82-28.95
(d)Employee benefit expense 10.2519.57
(e)Finance costs0.590.9
(f)Depreciation, depletion and amortisation expense9.4617.69
(f)Other Expenses
1Other Expenses17.2634.07
10
Total other expenses17.2634.07
Total expenses192.94304.33

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 period01-07-201701-04-2017
BDate of end of reporting period30-09-201730-09-2017
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 tax0.660.86
4Exceptional items 00
5Total profit before tax0.660.86
7Tax expense
8Current tax-0.040
9Deferred tax-1.13-0.76
10Total tax expenses-1.17-0.76
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 operations1.831.62
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 period1.831.62
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 period01-07-201701-04-2017
BDate of end of reporting period30-09-201730-09-2017
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 period1.831.62
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 capital
Face value of equity share capital
27Details of debt securities
Paid-up debt capital
Face value of debt securities
28Reserves excluding revaluation reserve
29Debenture redemption reserve
30Earnings per share
iEarnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations0.020.02
Diluted earnings (loss) per share from continuing operations0.020.02
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 operations0.020.02
Diluted earnings (loss) per share from continuing and discontinued operations0.020.02
31Debt equity ratio
32Debt service coverage ratio
33Interest service coverage ratio
34Disclosure of notes on financial resultsTextual Information(1)

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Textual Information(1)1. THE ABOVE UNAUDITD FINANCIAL RESULTS HAS BEEN TAKEN ON RECORD AT THE MEETING OF BOARD OF DIRECTORS HELD ON 31-10-2017.
2. THE ABOVE UNAUDITED RESULTS ARE IN ACCORDANCE WITH THE STANDARD ACCOUNTING PRACTICIES FOLLOWED BY THE COMPANY IN PREPERATION OF ITS STATUTORY ACCOUNTS.
3. PREVIOUS YEAR FIGURE HAS BEEN REGROUP / REARRANGE WHERE EVER NECESSARY.
4. THE IS NO SEGMENTAL RESULTS, AS THE COMPANY DEAL IN ONE SEGEMENT THAT IS THE TEXTILES PRODUCTS.
5. EPS/CASH EPS IS WORKED OUT ON TOTAL NUMBER OF PAID OF EQUITY SHARES.

WWW.indocotspin.com

FOR INDO COTSPIN LIMITED


BALKISHAN AGGARWAL(DIN 00456219)
(MANAGING DIRECTOR)

PLACE: PANIPAT
DATE:31-10-2017



Statement of Asset and Liabilities

ParticularsHalf year ended (dd-mm-yyyy)Previous year ended (dd-mm-yyyy)
Date of start of reporting period01-04-201701-04-2016
Date of end of reporting period30-09-201731-03-2017
Whether results are audited or unauditedUnauditedUnaudited
Nature of report standalone or consolidatedStandaloneStandalone
Assets
1 Non-current assets
Property, plant and equipment188.11180.86
Capital work-in-progress00
Investment property00
Goodwill00
Other intangible assets00
Intangible assets under development00
Biological assets other than bearer plants00
Investments accounted for using equity method00
Non-current financial assets
Non-current investments80.6680.31
Trade receivables, non-current00
Loans, non-current00
Other non-current financial assets2.912.91
Total non-current financial assets83.5783.22
Deferred tax assets (net)4.073.31
Other non-current assets00
Total non-current assets275.75267.39
2Current assets
Inventories156.89146.13
Current financial asset
Current investments52.8566.8
Trade receivables, current183.52123.65
Cash and cash equivalents7.412.41
Bank balance other than cash and cash equivalents182.55237.06
Loans, current13.6417.21
Other current financial assets6.076.02
Total current financial assets446.04453.15
Current tax assets (net)00
Other current assets00
Total current assets602.93599.28

Statement of Asset and Liabilities

ParticularsHalf year ended (dd-mm-yyyy)Previous year ended (dd-mm-yyyy)
Date of start of reporting period01-04-201701-04-2016
Date of end of reporting period30-09-201731-03-2017
Whether results are audited or unauditedUnauditedUnaudited
Nature of report standalone or consolidatedStandaloneStandalone
3Non-current assets classified as held for sale00
4Regulatory deferral account debit balances and related deferred tax Assets00
Total assets878.68866.67
Equity and liabilities
Equity
Equity attributable to owners of parent
Equity share capital420.05420.05
Other equity182.26180.64
Total equity attributable to owners of parent602.31600.69
Non controlling interest
Total equity602.31600.69
Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current24.398.25
Trade payables, non-current00
Other non-current financial liabilities7.567.56
Total non-current financial liabilities31.9515.81
Provisions, non-current00
Deferred tax liabilities (net)00
Deferred government grants, Non-current00
Other non-current liabilities00
Total non-current liabilities31.9515.81
Current liabilities
Current financial liabilities
Borrowings, current04.38
Trade payables, current240.56239.91
Other current financial liabilities00
Total current financial liabilities240.56244.29
Other current liabilities3.864.66
Provisions, current01.22
Current tax liabilities (Net)00
Deferred government grants, Current00
Total current liabilities244.42250.17
3Liabilities directly associated with assets in disposal group classified as held for sale00
4Regulatory deferral account credit balances and related deferred tax liability00
Total liabilities276.37265.98
Total equity and liabilites878.68866.67
Disclosure of notes on assets and liabilitiesTextual Information(1)

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Textual Information(1)FOR AND ON BEHALF ON THE BOARD
INDO COTSPIN LIMITED

BALKISHAN AGGARWAL (DIN: 00456219)
M.D
PLACE: PANIPAT
DATE: 31/10/2107