Manish Jain & Associates

Chartered Accountants

Behind Hotel Regency

G.T. Road, Panipat-132103
Ph. 0180-4003410 (O)

To
The Board of Directors,
Indo Cotspin limited
78 K.M. Delhi Milestone, G.T. Road, NH-1
Village Jhattipur, Distt. Panipat-132103
LIMITED REVIEW REPORT
We have reviewed the accompanying statement of unaudited financial results of Indo Cotspin Limited
th
for the period ended 30 September, 2016. This statement is the responsibility of the Companys
Management and has been approved by the Board of Directors/ Committee of Board of Directors. Our
responsibility is to issue a report on these financial statements based on our review.
We conducted our review in accordance with the Standard on Review Engagement (SRE) 2400,
Engagements to Review Financial Statements issued by the Institute of Chartered Accountants of India.
This standard requires that we plan and perform the review to obtain moderate assurance as to whether
the financial statements are free of material misstatement. A review is limited primarily to inquiries of
company personnel and an analytical procedure applied to financial data and thus provides less
assurance than an audit. We have not performed an audit and accordingly, we do not express an audit
opinion.
Based on our review conducted as above, nothing has come to our attention that causes us to believe
that the accompanying statement of unaudited financial results prepared in accordance with applicable
accounting standards and other recognized accounting practices and policies has not disclosed the
information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, including the manner in which it is to be disclosed, or that it
contains any material misstatement.
For Manish Jain & Associates
Chartered Accountants

CA Parveen Bansal, FCA, Partner

Firm Regn. No.: 015608N
Membership No.: 097408
Place of signature: Panipat
st
Date: 31 October, 2016

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REPORT XBRL 30-09-2016 RESULTS BALANCE SHEET.html

General information about company

Scrip code

538838

Name of company

INDO COTSPIN
LIMITED

Result Type

Main Format

Class of security

Equity

Date of start of financial year

01-04-2016

Date of end of financial year

31-03-2017

Date of board meeting when results were approved

31-10-2016

Date on which prior intimation of the meeting for considering financial results was informed to the
exchange

10-10-2016

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

TEXTILE MATERIAL

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Quarterly & Half Yearly Financial Result by Companies Other than Banks

Particulars

Previous 3
Corresponding 3
Year to date
3 months
months
months ended in the figures for current
ended (ddended (dd- previous year (dd- period ended (ddmm-yyyy)
mm-yyyy)
mm-yyyy)
mm-yyyy)

Year to date
figures for
previous period
ended (dd-mmyyyy)

Previous
accounting
year ended
(dd-mmyyyy)

Date of start of
reporting period

01-072016

01-04-2016

01-07-2015

01-04-2016

01-04-2015

01-04-2015

Date of end of reporting

period

30-092016

30-06-2016

30-09-2015

30-09-2016

30-09-2015

31-03-2016

Unaudited

Unaudited

Unaudited

Unaudited

Audited

Nature of report
standalone or Standalone Standalone
consolidated

Standalone

Standalone

Standalone

Standalone

Whether results are

Unaudited
audited or unaudited

D
Part I
1

Revenue From Operations

Net sales or Revenue
from Operations
Other operating
revenues
Total Revenue from
operations (net)

83.01

48.06

122.91

131.07

299.27

747.83

83.01

48.06

122.91

131.07

299.27

747.83

Expenses

(a)

Cost of materials
consumed

60.06

45.13

98.19

105.18

227.47

488.43

(b)

Purchases of stock-intrade

15.69

15.93

15.7

58.08

173.94

(c)

Changes in inventories
of finished goods,
work-in-progress and
stock-in-trade

-22.22

-9.71

-20.94

-31.93

-30.83

-46.09

(d)

Employee benefit
expense

7.26

6.74

5.85

14

11.27

26.99

(e)

Depreciation and
amortisation expense

5.9

5.83

14.4

11.73

15.86

31.66

(f) Other Expenses

1

Other Expenses

11.44

8.19

8.89

19.63

18.35

76.9

Total other expenses

11.44

8.19

8.89

19.63

18.35

76.9

Total expenses

78.13

56.18

122.32

134.31

300.2

751.83

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Quarterly & Half Yearly Financial Result by Companies Other than Banks

Particulars

Previous 3
3 months
months
ended (ddended (ddmm-yyyy)
mm-yyyy)

Corresponding 3
months ended in
the previous year
(dd-mm-yyyy)

Year to date
figures for
current period
ended (dd-mmyyyy)

Year to date
figures for
previous period
ended (dd-mmyyyy)

Previous
accounting
year ended
(dd-mmyyyy)

Date of start of reporting

period

01-072016

01-042016

01-07-2015

01-04-2016

01-04-2015

01-04-2015

Date of end of reporting

period

30-092016

30-062016

30-09-2015

30-09-2016

30-09-2015

31-03-2016

Whether results are audited

Unaudited
or unaudited

Unaudited

Unaudited

Unaudited

Unaudited

Audited

Nature of report
Standalone Standalone
standalone or consolidated

Standalone

Standalone

Standalone

Standalone

Part I

Profit (loss) from

operations before other
income, finance costs and
exceptional items

Other income

Profit (loss) from

ordinary activates before
finance costs and
exceptional items

Finance costs

Profit (loss) from

ordinary activities after
finance costs but before
exceptional items

4.88

-8.12

0.59

-3.24

-0.93

-4

-3.32

8.42

2.11

5.1

4.18

12.81

1.56

0.3

2.7

1.86

3.25

8.81

0.28

0.33

0.37

1.56

0.3

2.42

1.86

2.92

8.44

Prior period items before

tax

Exceptional items

10

Profit (loss) from

ordinary activities before
tax

1.56

0.3

2.42

1.86

2.92

8.44

1.61

1.56

0.3

2.42

1.86

2.92

6.83

1.56

0.3

2.42

1.86

2.92

6.83

Profit (loss) from

15 discontinuing operations
before tax

Tax expense of
discontinuing operations

11 Tax Expense
12

Net profit (loss) from

ordinary activities after
tax

13 Extraordinary items
14

16

Net Profit Loss for the

period from continuing
operations

17

Net profit (loss) from

discontinuing operation
after tax

18

Profit (loss) for period

before minority interest

1.56

0.3

2.42

1.86

2.92

6.83

21

Net Profit (loss) after

taxes minority interest
and share of profit (loss)
of associates

1.56

0.3

2.42

1.86

2.92

6.83

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Quarterly & Half Yearly Financial Result by Companies Other than Banks

Particulars

3 months
ended (ddmm-yyyy)

Previous 3
months
ended (ddmm-yyyy)

Corresponding 3
months ended in the
previous year (ddmm-yyyy)

Year to date figures Year to date figures

for current period for previous period
ended (dd-mmended (dd-mmyyyy)
yyyy)

Previous
accounting
year ended
(dd-mm-yyyy)

Date of start of
reporting period

01-072016

01-04-2016

01-07-2015

01-04-2016

01-04-2015

01-04-2015

Date of end of
reporting period

30-092016

30-06-2016

30-09-2015

30-09-2016

30-09-2015

31-03-2016

Whether results
are audited or Unaudited
unaudited

Unaudited

Unaudited

Unaudited

Unaudited

Audited

Nature of report
standalone or Standalone
consolidated

Standalone

Standalone

Standalone

Standalone

Standalone

Part I
22 Details of equity share capital
Paid-up equity
share capital

420.05

420.05

420.05

420.05

420.05

420.05

10

10

10

10

10

10

2.38

1.16

5.66

3.54

5.9

176.76

Basic earnings
per share before
extraordinary
items

0.03

0.007

0.06

0.04

0.07

0.16

Diluted earnings
per share before
extraordinary
items

0.03

0.007

0.06

0.04

0.07

0.16

Face value of
equity share
capital
23 Details of debt securities
Reserves
excluding
24
revaluation
reserve
26 Earnings per share

Earnings per
share before
extraordinary
items

ii Earnings per share after extraordinary items

Basic earnings
per share after
extraordinary
items

0.03

0.007

0.06

0.04

0.07

0.16

Diluted earnings
per share after
extraordinary
items

0.03

0.007

0.06

0.04

0.07

0.16

Disclosure of
30 notes on
financial results

Textual Information(1)

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Text Block

Textual Information(1)

1.THE ABOVE UNAUDITED FINANCIAL RESULTS HAS BEEN TAKEN ON RECORD AT THE
MEETING OF THE BOARD OF DIRECTORS HELD ON 31ST OCTOBER 2016.
2. THE ABOVE UNAUDITED RESULTS ARE IN ACCORDANCE WITH THE STANDARD
ACCOUNTING PRACTICIES FOLLOWED BY THE COMPANY PREPERATION OF ITS
STATUTORY ACCOUNTS .
3. PREVIOUS YEAR FIGURES HAS BEEN REGROUP/REARRANGED WHERVER NECESSARY.
4.THERE IS NO SEGMENTAL RESULTS, AS THE COMPANY DEALS IN ONLY ONE
SEGEMENT THAT IS TEXTILE MATERIAL.
5. EPS/ CASH EPS IS WORKED OUT ON TOTAL NUMNER PAID UP EQUITY SHARES.
E.MAIL:- rajpalaggarwal2000@yahoo.com
PAN:- AACI4596A
www:-indocotspin.com
FOR INDO COTSPIN LIMITED
BALKISHAN AGGARWAL
MANAGING DIRECTOR
PLACE:-PANIPAT
DATE:-31/10/2016

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Statement of Asset and Liabilities

Half year ended (dd-mmyyyy)

Previous year ended (dd-mmyyyy)

Date of start of reporting period

01-04-2016

01-04-2015

Date of end of reporting period

30-09-2016

31-03-2016

Whether results are audited or unaudited

Unaudited

Audited

Nature of report standalone or consolidated

Standalone

Standalone

Particulars

Equity and liabilities

1

Shareholders' funds
Share capital
Reserves and surplus

420.05

420.05

180.3

176.76

600.35

596.81

Money received against share warrants

Total shareholders' funds
2

Share application money pending allotment

Deferred government grants

Non-current liabilities
0

-1.38

0.31

Foreign currency monetary item translation difference liability

account

Other long-term liabilities

7.02

7.02

5.64

7.33

142.12

145.03

1.55

3.43

1.61

Total current liabilities

143.67

150.07

Total equity and liabilities

749.66

754.21

131.19

136.47

Producing properties

Intangible assets

Preproducing properties

Tangible assets capital work-in-progress

Long-term borrowings
Deferred tax liabilities (net)

Long-term provisions
Total non-current liabilities
6

Current liabilities
Short-term borrowings
Trade payables
Other current liabilities
Short-term provisions

Assets
1

Non-current assets

(i) Fixed assets

Tangible assets

Intangible assets under development or work-in-progress

Total fixed assets

131.19

136.47

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Statement of Asset and Liabilities

Half year ended (dd-mmyyyy)

Previous year ended (dd-mmyyyy)

Date of start of reporting period

01-04-2016

01-04-2015

Date of end of reporting period

30-09-2016

31-03-2016

Whether results are audited or unaudited

Unaudited

Audited

Nature of report standalone or consolidated

Standalone

Particulars

Standalone

(ii)

Non-current investments

80.31

80.31

(v)

Deferred tax assets (net)

(vi)

Foreign currency monetary item translation difference asset

account

(vii)

Long-term loans and advances

2.91

2.91

(viii) Other non-current assets

Total non-current assets

214.41

219.69

10.52

12.27

348.28

246.13

Current assets
Current investments
Inventories
Trade receivables

70.68

90.54

Cash and bank balances

66.66

170.06

Short-term loans and advances

28.16

4.7

Other current assets

10.95

10.82

Total current assets

535.25

534.52

Total assets

749.66

754.21

Disclosure of notes on assets and liabilities

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