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	20-10-2020
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	01-10-2020
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	20-10-2020 11:30
End date and time of board meeting	20-10-2020 02:00
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	01-07-2020	01-04-2020
B	Date of end of reporting period	30-09-2020	30-09-2020
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	121.72	245.56
	Other income	3.5	22.2
	Total income	125.22	267.76
2	Expenses
(a)	Cost of materials consumed	38.01	38.01
(b)	Purchases of stock-in-trade	39.45	121.33
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	10.37	-16.46
(d)	Employee benefit expense	1.34	9.01
(e)	Finance costs	0	0
(f)	Depreciation, depletion and amortisation expense	14.32	28.58
(f)	Other Expenses
1	Other Expenses	20.95	84.68
10
	Total other expenses	20.95	84.68
	Total expenses	124.44	265.15

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	01-07-2020	01-04-2020
B	Date of end of reporting period	30-09-2020	30-09-2020
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	0.78	2.61
4	Exceptional items	0	0
5	Total profit before tax	0.78	2.61
7	Tax expense
8	Current tax	1.23	3.57
9	Deferred tax	-0.9	-1.79
10	Total tax expenses	0.33	1.78
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	0.45	0.83
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	0.45	0.83
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	01-07-2020	01-04-2020
B	Date of end of reporting period	30-09-2020	30-09-2020
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	0.45	0.83
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	0.001	0.002
	Diluted earnings (loss) per share from continuing operations	0.001	0.002
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	0.001	0.002
	Diluted earnings (loss) per share from continuing and discontinued operations	0.001	0.002
30	Debt equity ratio	0	0
31	Debt service coverage ratio
32	Interest service coverage ratio
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 2OTH OCTOBER,2020 AND APPROVED BY THE BOARD OF DIRECTORS IN THEIR MEETING HELD ON THE 20TH OCTOBER,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 ENDING 30TH SEPTEMBER,2020. HENCE NO RECONCILIATION STATEMENT IS PREPAID FOR RECONCILIATION FOR NET PROFIT REPORTED IN PREVIOUS GAAP TO IND-AS. 3.THE COMPANY OPERATE IN ONE SEGMENT,(TEXTILES PRODUCTS MANUF.) 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 UPTO 30TH SEPTEMBER,2020. 6. FIGURE FOR THE PREIVOUS PERIOD HAVE BEEN REGROUPED/RECLASASSIFIED WHEREVER NECESSARY TO CONFIRM TO CURRENT PERIOD'S CLASSIFIATION. 7. DISCLOSURE UNDER REGULATION 30 OF THE SEBI(LISTING OBLIGATION AND DISCLOSURE REQUIREMENTS) REGULATIONS,2015 DISCLOSURE OF MATERIAL IMPACT OF COVID-19 PANDEMIC ON THE COMPANY (INDO COTSPIN LIMITED). FOR INDO COTSPIN LIMITED BALKISHAN AGGARWAL MANAGING DIRECTOR (DIN; 00456219) PLACE: PANIPAT DATE: 20TH OCTOBER,2020

Statement of Asset and Liabilities
Particulars		Half year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2020
Date of end of reporting period		30-09-2020
Whether results are audited or unaudited		Unaudited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	282.95
	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	0.6
	Trade receivables, non-current	0
	Loans, non-current	13.62
	Other non-current financial assets	0
	Total non-current financial assets	14.22
	Deferred tax assets (net)	8.56
	Other non-current assets	0
	Total non-current assets	305.73
2	Current assets
	Inventories	150.41
	Current financial asset
	Current investments	329.41
	Trade receivables, current	80.2
	Cash and cash equivalents	3.11
	Bank balance other than cash and cash equivalents	122.65
	Loans, current	35.36
	Other current financial assets	0.05
	Total current financial assets	570.78
	Current tax assets (net)	0
	Other current assets	0
	Total current assets	721.19

Statement of Asset and Liabilities
Particulars		Half year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2020
Date of end of reporting period		30-09-2020
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	1026.92
	Equity and liabilities
	Equity
	Equity attributable to owners of parent
	Equity share capital	420.05
	Other equity	215.21
	Total equity attributable to owners of parent	635.26
	Non controlling interest
	Total equity	635.26
	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	0
	Trade payables, non-current	0
	Other non-current financial liabilities	10
	Total non-current financial liabilities	10
	Provisions, non-current	7.51
	Deferred tax liabilities (net)	0
	Deferred government grants, Non-current	0
	Other non-current liabilities	0
	Total non-current liabilities	17.51
	Current liabilities
	Current financial liabilities
	Borrowings, current	0
	Trade payables, current	364.86
	Other current financial liabilities	0
	Total current financial liabilities	364.86
	Other current liabilities	5.72
	Provisions, current	3.57
	Current tax liabilities (Net)	0
	Deferred government grants, Current	0
	Total current liabilities	374.15
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	391.66
	Total equity and liabilites	1026.92
	Disclosure of notes on assets and liabilities

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		01-07-2020	01-04-2020
Date of end of reporting period		30-09-2020	30-09-2020
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