Manish Jain & Associates

Chartered Accountants

Behind Hotel Regency

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

To
The Board of Directors,
INDO COT SPIN LIMITED
DELHI MILE STONE 78 K.M. VILLAGE JHATTIPUR, G.T. ROAD
POST OFFICE SAMALKHA, DISTT-PANIPAT-132103
LIMITED REVIEW REPORT

We have reviewed the accompanying statement of un-audited financial results of INDO

COTSPIN LIMITED for the period ended 30thSeptember, 2015 except for the disclosures
regarding Public Shareholding and Promoter and Promoter Group Shareholding which
have been traced from disclosures made by the management and have not been audited by
us. 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)
2410, Review of interim financial information performed by the independent auditor of the
entity 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 from material misstatement. A review is limited primarily to inquiries of
company personnel and analytical procedures 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, and subject to the note annexed to the Limited
Review Report 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 Clause 41 of the Listing
Agreement including the manner in which it is to be disclosed, or that it contains any material
misstatement.

FOR MANISH JAIN & ASSOCIATES

Chartered Accountants

PARVEEN BANSAL (PARTNER)

M.NO. 097408
Panipat: October 31st 2015

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INDO COTSPIN LIMITED

REGD. OFFICE : DELHI MILE STONE 78 K. M. VILLAGE: JHATTIPUR, G.T. ROAD PANIPAT , N.H. 1 ,POST BOX NO. 3 , POST OFFICE SAMALKHA, PANIPAT-132103
UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30.09.2015
CIN:-LI7111HR1995PLC032541
PART - I

PARTICULARS

Type
S.No.
1

Description

INCOME FROM OPERATIONS

(a) Net Sales/Income from operations
(b) Other Operating Income
TOTAL INCOME FROM OPERATIONS
EXPENSES
(a) COST OF MATERIAL CONSUMED
(b) PURCHASES OF STOCK-IN-TRADE
(c) CHANGES IN INVENTORIES OF FINISHED
GOODS, WIP AND STOCK-IN-TRADE
(d) EMPLOYEE BENEFITS EXPENSE

(f) OTHER EXPENSES

TOTAL EXPENSES
PROFIT/(LOSS) FROM OPERATIONS BEFORE
OTHER INCOME , FINANCE COSTS AND
EXCEPTIONAL ITEMS (1-2)
OTHER INCOME

13

PROFIT / (LOSS) FROM ORDINARY ACTIVITIES

BEFORE FINANCE COSTS AND EXCEPTIONAL
ITEMS (3+4)
FINANCE COSTS
PROFIT / (LOSS) FROM ORDINARY ACTIVITIES
AFTER FINANCE COSTS AND BUT BEFORE
EXCEPTIONAL ITEMS (5-6)
EXCEPTIONAL ITEMS
PROFIT / (LOSS) FROM ORDINARY ACTIVITIES
BEFORE TAX (7+8)
TAX EXPENSE
NET PROFIT/(LOSS) FROM ORDINARY ACTIVITIES
AFTER TAX (9-10)
EXTRAORDINARY ITEMS (NET OF TAX EXPENSE
Rs.____ LAKHS)
NET PROFIT/(LOSS) FOR THE PERIOD (11+12)

14

SHARE OF PROFIT / (LOSS) OF ASSOCIATES

5
6
7
8
9
10
11
12

15

CORRESPONDING
3 MONTHS ENDED
30.09.2014
IN THE PREVIOUS
YEAR

PRECEDING 3
MONTHS ENDED
30.06.2015

6 MONTHS ENDED
30.09.2015

6MONTHS
ENDED
30.09.2014

TWELVE
MONTHS ENDED
31.03.2015

Un-audited

Un-audited

Un-audited

Un-audited

Un-audited

Audited

-----------------------------------------------------------------------------------Amount (Rs. Lacs)------------------------------------------------------------------------------------

(e) DEPRECIATION AND AMORTISATION EXPENSE

3 MONTHS
ENDED
30.09.2015

122.91
0.00
122.91

97.25
0.00
97.25

176.36
0.00
176.36

299.27
0.00
299.27

203.96
0.00
203.96

846.04
0.00
846.04

98.19
15.93

45.25
47.46

129.28
42.15

227.47
58.08

95.28
117.67

435.96
272.26

(20.94)
5.85

(19.48)
5.93

(9.88)
5.42

(30.83)
11.27

(50.06)
11.25

0.01
22.98

14.40
8.89
122.32

4.70
13.67
97.53

1.46
9.46
177.89

15.86
18.35
300.20

7.53
23.90
205.57

45.22
66.92
843.35

0.59
2.11

(0.28)

(1.53)

(0.93)

(1.61)

2.69

0.90

2.06

4.18

2.90

2.70
0.28

0.62
0.03

0.53
0.04

3.25
0.33

1.29
0.05

8.80
0.14

2.42
0.00

0.59
0.00

0.49
0.00

2.92
0.00

1.24
0.00

8.66
0.00

2.42
0.00

0.59
0.00

0.49
0.00

2.92
0.00

1.24
0.00

8.66
1.65

2.42

0.59

0.49

2.92

1.24

0.00

0.00

0.00

0.00

2.42

0.59

0.49

2.92

MINORITY INTEREST

NET PROFIT / (LOSS) AFTER TAXES , MINORITY

INTEREST AND SHARE OF PROFIT / (LOSS) OF
ASSOCIATES (13+14+15)
17 PAID-UP EQUITY SHARE CAPITAL ( FACE VALUE
OF THE SHARE Rs.10 EACH)
18 RESERVE EXCLUDING REVALUATION RESERVES AS
PER BALANCE SHEET OF PREVIOUS ACCONTING
YEAR
19.i EARNINGS PER SHARE ( BEFORE EXTRAORDINARY
ITEMS )
(OF RS.10/- EACH)
(NOT ANNUALISED):
(a) BASIC
(b) DILUTED
19.ii EARNINGS PER SHARE (AFTER EXTRAORDINARY
ITEMS)
(OF RS. 10/- EACH)
(NOT ANNUALISED):
(a) BASIC
(b) DILUTED
PART - II
A
PARTICULARS OF SHAREHOLDING
1
PUBLIC SHAREHOLDING
-NUMBER OF SHARES
-PERCENTAGE OF SHAREHOLDING
2
PROMOTERS AND PROMOTER GROUP
SHAREHOLDING
a) PLEDGED/ENCUMBERED
- NUMBER OF SHARES
- PERCENTAGE OF SHARES (as a % of the total
shareholding of promoter and promoter group)
- PERCENTAGE OF SHARES (as a % of the total
share capital of the company)
b) NON- ENCUMBERED
- NUMBER OF SHARES
- PERCENTAGE OF SHARES (as a % of the total

6.11

7.01

0.00

0.00

1.24

7.01

16

shareholding of promoter and promoter group)

- PERCENTAGE OF SHARES (as a % of the total

share capital of the company)

INVESTORS COMPLAINTS
Pending at the beginning of the quarter
Received during the quarter

2.42

0.59

0.49

2.92

420.05

420.05

420.05

420.05

420.05

0.06
0.06
-

0.01
0.01
-

0.01
0.01
-

0.07
0.07
-

0.03
0.03
-

0.17
0.17
-

0.06
0.06

0.01
0.01

0.01
0.01

0.03
0.03

0.17
0.17

1194500
28.44

1194500
28.44

1194500
28.44

1194500
28.44

1194500
28.44

1194500
28.44

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

300600

300600

300600

300600

300600

300600

100.00

100.00

100.00

100.00

100.00

100.00

71.56

71.56

71.56

71.56

71.56

71.56

NIL
NIL

1.24

0.07
0.07

7.01
420.05

164.20

Disposed off during the quarter

NIL

Remaining unresolved at the end of the quarter

NIL

NOTES:
1. The above unaudited financial results have been taken on record at the meeting of the board of directors held on 31/10/2015
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 Figures have been regroup/rearranged whereever 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 number paid up equity shares.
E.MAIL:-rajpalaggarwal2000@yahoo.com
For Indo Cotspin Limited
PAN:-AAACI4596A

www:-Indocotspin.com
Place: Panipat
Date: 31/10/2015

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Bal Kishan Aggarwal

Managing Director

INDO COTSPIN LIMITED

MILE STONE 78 K. M. VILLAGE: JHATTIPUR, G.T. ROAD PANIPAT , N.H. 1 ,POST BOX NO. 3 , POST OFFICE SAMALKHA, P
UNAUDITED BALANCE SHEET FOR THE QUARTER ENDED 30.09.2015

(Rs in Lacs)
STANDALONE
AS AT CURRENT
AS AT PREVIOUS
HALF YEAR ENDED
YEAR ENDED
30.09.2015
31.03.2015
UN-AUDITED
AUDITED

STATEMENT OF ASSETS AND LIABILITIES

A EQUITY & LIABILITIES

1 SHAREHOLDER'S FUNDS
(a) Share Capital
(b) Reserves and Surplus
Shareholder's Funds
2 SHARE APPLICATION MONEY PENDING ALLOTMENTS
3 NON-CURRENT LIABILITIES
(a) Long-term borrowings
(b) Deferred Tax Liabilities
(c) Other long-term liabilities
(d) Long-term provisions

420.05
169.87
589.92

420.05
164.20
584.25

Non-Current Laibilities

3.28
6.48
9.76

6.09
6.48
12.57

Current Liabilities

(10.82)
155.37
4.16
148.71

(21.00)
167.44
5.16
1.65
153.25

748.39

750.07

4 CURRENT LIABILITIES
(a) Short-term borrowings
(b) Trade Payables
(c) Other current liabilities
(d) Short term provisions

TOTAL EQUITY & LIABILITIES

B ASSETS
1 NON-CURRENT ASSETS
(a) Fixed assets
(b) Non-current investments
(c) Deferred tax assets (net)
(d) Long-term loans & advances
(e) Other non-current assets
Non-Current Assets

152.27
80.31
2.91
235.49

167.88
72.88
1.96
242.72

Current Assets

11.53
220.21
101.03
163.57
5.89
10.67
512.90

10.53
196.14
95.20
186.42
8.32
10.74
507.35

TOTAL ASSETS

748.39

750.07

2 CURRENT ASSETS
(a) Current investments
(b) Inventories
(c) Trade receivables
(d) Cash and cash equivalents
(e) Short-term loans and advances
(f) Other current assets

For and on behalf of the Board

Bal Kishan Aggarwal
Managing Director

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