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	01-04-2020
Date of end of financial year	31-03-2021
Date of board meeting when results were approved	17-07-2020
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	07-07-2020
Description of presentation currency	INR
Level of rounding used in financial results	Lakhs
Reporting Quarter	First quarter
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited	Unaudited
Segment Reporting	Single segment
Description of single segment	TEXTILE
Start date and time of board meeting	17-07-2020 09:30
End date and time of board meeting	17-07-2020 11:00
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	01-04-2020	01-04-2020
B	Date of end of reporting period	30-06-2020	30-06-2020
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	123.84	123.84
	Other income	18.7	18.7
	Total income	142.54	142.54
2	Expenses
(a)	Cost of materials consumed	0	0
(b)	Purchases of stock-in-trade	81.88	81.88
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-26.82	-26.82
(d)	Employee benefit expense	7.66	7.66
(e)	Finance costs	0	0
(f)	Depreciation, depletion and amortisation expense	14.25	14.25
(f)	Other Expenses
1	Other Expenses	63.74	63.74
10
	Total other expenses	63.74	63.74
	Total expenses	140.71	140.71

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	01-04-2020	01-04-2020
B	Date of end of reporting period	30-06-2020	30-06-2020
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	1.83	1.83
4	Exceptional items	0	0
5	Total profit before tax	1.83	1.83
7	Tax expense
8	Current tax	2.35	2.35
9	Deferred tax	-0.89	-0.89
10	Total tax expenses	1.46	1.46
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	0.37	0.37
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	0.37	0.37
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	01-04-2020	01-04-2020
B	Date of end of reporting period	30-06-2020	30-06-2020
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	0.37	0.37
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	0
	Diluted earnings (loss) per share from continuing operations	0	0
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	0
	Diluted earnings (loss) per share from continuing and discontinued operations	0	0
30	Debt equity ratio	0	0
31	Debt service coverage ratio	0	0
32	Interest service coverage ratio	0	0
33	Disclosure of notes on financial results	Textual Information(1)

Text Block

Textual Information(1)

NOTE:- 1. THE ABOVE STANDALONE RESULTS HAVE BEEN REVIEWED BY THE AUDIT COMMITTEE IN THEIR MEETING HELD ON 17TH JULY,2020 AND APPROVED BY THE BOARD OF DIRECTORS IN THEIR MEETING HELD ON THE 17TH JULY,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 30TH JUNE,2020. 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 MANUF.) HENCE NO SEGMENT REPORTING IS PROVIDED. 4. EPS/CASH EPS WORKED OUT ON TOTAL UNMBERS OF PAID UP EQUITY SHARES. 5. INVESTORS COMPLAINS IS NIL UPTO 30TH JUNE,2020. 6. FIGURE FOR THE PREIVOUS PERIOD HAVE BEEN REGROUPED/RECLASSIFIED WHEREVER NECESSARY TO CONFIRM TO CURRENT PERIOD'S CLASSIFIATION. 7.DISCLOSURE UNDER REGULATION 30 OF THE SEBI ( LISTING OBLIGATION AND DISCLOSURE REQUIREMENTS) REGULATION, 2015-DISCLOSURE OF MATERIAL IMPACT OF COVID-19 PANDEMIC ON THE COMPANY ( INDO COTSPIN LIMITED ). FOR INDO COTSPIN LIMITED BALKISHAN AGGARWAL (M.D) PLACE: PANIPAT DATE: 17TH JULY,2020

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		01-04-2020	01-04-2020
Date of end of reporting period		30-06-2020	30-06-2020
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