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	01-04-2018
Date of end of financial year	31-03-2019
Date of board meeting when results were approved	31-10-2018
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	12-10-2018
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
Start date and time of board meeting	31-10-2018 11:15
End date and time of board meeting	31-10-2018 01:15
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	01-07-2018	01-04-2018
B	Date of end of reporting period	30-09-2018	30-09-2018
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	151.23	292.66
	Other income	5.37	25.94
	Total income	156.6	318.6
2	Expenses
(a)	Cost of materials consumed	142.51	263.03
(b)	Purchases of stock-in-trade	4.55	4.87
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-28.2	-28.42
(d)	Employee benefit expense	9.53	19.04
(e)	Finance costs	0.37	0.82
(f)	Depreciation, depletion and amortisation expense	9.19	16.49
(f)	Other Expenses
1	Other Expenses	17.04	38.12
10
	Total other expenses	17.04	38.12
	Total expenses	154.99	313.95

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	01-07-2018	01-04-2018
B	Date of end of reporting period	30-09-2018	30-09-2018
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	1.61	4.65
4	Exceptional items	0	0
5	Total profit before tax	1.61	4.65
7	Tax expense
8	Current tax	0	0.57
9	Deferred tax	1.17	1.64
10	Total tax expenses	1.17	2.21
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	0.44	2.44
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	0.44	2.44
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	01-07-2018	01-04-2018
B	Date of end of reporting period	30-09-2018	30-09-2018
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	0.44	2.44
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	0.01	0.11
	Diluted earnings (loss) per share from continuing operations	0.01	0.11
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	0.01	0.11
	Diluted earnings (loss) per share from continuing and discontinued operations	0.01	0.11
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)

1. THE ABOVE STANDALONE RESULTS HAVE BEEN REVIEWED BY THE AUDIT COMMITTEE IN THEIR MEETING HELD ON 31ST OCTOBER 2018 AND APPROVED BY THE BOARD OF DIRECTORS IN THEIR MEETING HELD ON THE 31ST OCTOBER 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 SEPTEMBER, 2018. HENCE NO RECONCILIATION STATEMENT IS PREPARED 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 COMPLAIN NIL 30TH SEPTEMBER , 2018. 6. FIGURES FOR THE PREVIOUS PERIOD HAVE BEEN REGROUPRD/RECLASSIFIED WHERVER NECESSARY TO CONFORM TO CURRENT PERIOD'S CLASSIFICATION FOR INDO COTSPIN LIMITED BALKISHAN AGGARWAL MANAGING DIRECTOR PLACE: PANIPAT DATE: 31-10-2018

Statement of Asset and Liabilities
Particulars		Half year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2018
Date of end of reporting period		30-09-2018
Whether results are audited or unaudited		Unaudited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	277.82
	Capital work-in-progress
	Investment property
	Goodwill	0
	Other intangible assets	0
	Intangible assets under development
	Biological assets other than bearer plants
	Investments accounted for using equity method
	Non-current financial assets
	Non-current investments	81.64
	Trade receivables, non-current
	Loans, non-current	0
	Other non-current financial assets	6.07
	Total non-current financial assets	87.71
	Deferred tax assets (net)	4.68
	Other non-current assets
	Total non-current assets	370.21
2	Current assets
	Inventories	144.63
	Current financial asset
	Current investments	299.49
	Trade receivables, current	170.18
	Cash and cash equivalents	6.53
	Bank balance other than cash and cash equivalents	26.12
	Loans, current	43.03
	Other current financial assets	0.04
	Total current financial assets	545.39
	Current tax assets (net)
	Other current assets
	Total current assets	690.02

Statement of Asset and Liabilities
Particulars		Half year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2018
Date of end of reporting period		30-09-2018
Whether results are audited or unaudited		Unaudited
Nature of report standalone or consolidated		Standalone
3	Non-current assets classified as held for sale
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	1060.23
	Equity and liabilities
	Equity
	Equity attributable to owners of parent
	Equity share capital	420.05
	Other equity	192.14
	Total equity attributable to owners of parent	612.19
	Non controlling interest
	Total equity	612.19
	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	5.19
	Trade payables, non-current
	Other non-current financial liabilities
	Total non-current financial liabilities	5.19
	Provisions, non-current	8.51
	Deferred tax liabilities (net)
	Deferred government grants, Non-current
	Other non-current liabilities
	Total non-current liabilities	13.7
	Current liabilities
	Current financial liabilities
	Borrowings, current	9.85
	Trade payables, current	420.84
	Other current financial liabilities
	Total current financial liabilities	430.69
	Other current liabilities
	Provisions, current	3.65
	Current tax liabilities (Net)
	Deferred government grants, Current
	Total current liabilities	434.34
3	Liabilities directly associated with assets in disposal group classified as held for sale
4	Regulatory deferral account credit balances and related deferred tax liability
	Total liabilities	448.04
	Total equity and liabilites	1060.23
	Disclosure of notes on assets and liabilities	Textual Information(1)

Text Block
Textual Information(1)	FOR AND ON BEHALF OF BOARD BAL KISHAN AGGARWAL MANAGING DIRECTOR 31-10-2018

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		01-07-2018	01-04-2018
Date of end of reporting period		30-09-2018	30-09-2018
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