Indo Count

Count On Us...

Indo Count Industries Limited

301, 'ARCADIA', 3rd Floor, Nariman Point, Mumbai - 400 021, INDIA
Tel: 022-4341 9500, 2285 6534 / 35 Fax: 022-2282 3098, 2204 1028
E-mail: indo@indocount.com
Website: www.indocount.com
CIN: L72200PN1988PLC068972

8th February,2016

The National Stock Exchange of India Ltd.

BSELimited,

ExchangePlaza,
Bandra Kurla Complex,
Bandra (East),
Mumbai 400 051

Department of Corporate Services

Floor 25, Phiroze JeejeebhoyTowers
Dalal Street,
Mumbai - 400 001

Company Symbol: ICll

Scrip Code No.: 521016
Dear Sirs,

Sub: Unaudited Financial Results for the quarter

December. 2015

and nine months

ended 31st

Pursuant to Regulation 33 of the SEBI(Listing Obligations and Disclosure Requirements)

Regulations, 2015 ("Listing Regulations"), we are enclosing herewith the Unaudited Financial
Results of the Company for the quarter and nine months ended 31st December, 2015, duly
approved by the Board of Directors of the Company, at its meeting held today. The Board
Meeting commenced at 12.30 P.M and concluded at 2.20 P.M.
We are also enclosing a copy of Limited Review Report issued by the Auditors of the
Company as required under Regulation 33 of the Listing Regulations.
Kindly take the same on record.
Thanking you,
Yours faithfully,

do Count Industries Limited

Encl:
1. Unaudited FinancialResults
2. Limited ReviewReport

Regd. OMice: ONice No.1, PIOINo. 266, Village Alte, Kumbhoj Road, Taluka Halkanangale. Dlst. Kolhapu, - 416109. Tel.: (0230) 3292933, 2483105 Fax: (0230) 2483275
Spinning Division: 0-1. Gokul Shirgaon MIDC Industrial Area. Kolhapu, - 416 234. Tel.: (0231) 268 7400/415 Fax: (0231) 267 2161 Email : works@indocount.com
Thane OMice: 23-25 Vardhaman Industrial Complex. Near Hotel United 21. Gokul Nagar. Old Agr. Road, Thane (W) - 400 601. Tel.: 4151 1800 / 883' Fax: (91-22) 41511866 / 2172 0121
Home Textile Division: Plot No. T-3. Five Star KagalHatkanangale MIDC Ind. Area, Talandage. Tal.: Halkanangale. Kolhapur 416 216. Tel.: 0231662 79CO Fax: 0231662 7979
Delhi Office: 2nd Floor. 15{76. Old Rajende, Nagar. New Deihl 110060. Tel.: (011) 2575 3331/25767330/41539444
.

Indo Count Industries

Indo Count

Limited

301, 'ARCADIA', 3rd Floor, Nariman Point, Mumbai - 400 021, INDIA
Tel : 022-4341 9500, 2285 6534 / 35 Fax: 022-2282 3098, 2204 1028
E-mail: indo@indocount.com
Website: www.indocount.com
CIN: L72200PN1988PLC068972

Count On Us ...

Figures are rupees in crore except EPS

Part - I : Statement of standalone unaudited financial results for the quarter and nine months ended 31st December, 2015
Quarter Ended

SR
No
1

Particulars
Income from operations
(a) Net Sales (including export incentives) (Net
of excise duty)
(b) Other operating income
Total Income from operations (net) (a+b)

Period Ended

Year Ended

31-12-2015 30-09-2015 31-12-2014 31-12-2015 31-12-2014

Expenditure
(a) Cost of materials sold
(b) Purchases of stock-in-trade
(c) Changes in inventories of finished goods,
work in progress and stock- in-trade
(d) Employee benefits expense
(e) Depreciation
(I) Other expenditure
(g) Power and Fuel
Total expenses (a+b+c+d+e+f+g)

Unaudited

Unaudited

Unaudited

Unaudited

Unaudited

31-03-2015
Audited

496.82

573.49

5.80

8.64

15.24

20.77

52.21

64.39

502.62

582.13

428.36

1,545.74

1,223.26

1,679.95

253.09

295.34

254.30

815.09

1.60

6.40

(25.95)

(34.20)

735.72
0.38
(40.28)

964.77
0.38
(31.44)

26.17

25.69

18.76

73.91

52.62

73.65

4.52
98.08
15.29
398.75

4.35
114.15
16.09
462.02

4.35
82.93
15.98
350.37

13.07
307.36
46.97
1,222.20

11.58
216.27
44.39
1,020.68

15.40
310.43
60.89
1,394.08

413.12

1,524.97

1,171.05

1,615.56

Earnings before interest.depreciation ,tax

and amortisation (EBIDT A)

108.39

124.46

82.34

336.61

214.16

301.27

Profit I (Loss) from operations before other

income, finance costs and exceptional items
( 1-2)
Other income
Profit I (Loss) from ordinary activities
before finance costs and exceptional items

103.87

120.11

77.99

323.54

202.58

285.87

5
6

Finance costs

Pro fit I (Loss) from ordinary activities

after finance costs but before exceptional
items

9
10

13

Exceptional items
Profit I (Loss) from ordinary activities
before tax
Tax expenses:
Current Income Tax
Income Tax of earlier years
Deferred Tax
MAT Credit Entitlement
MAT Credit Entitlement of earlier years
Net Profit I (Loss) from ordinary activities
after tax
Extraordinary items ( net of tax expense)

.14
15

Net profit I (Loss) for the period

CASH PROFIT

11

12

103.87

120.11

77.99

323.54

202.58

285.87

9.31

15.50

14.11

39.67

45.91

62.53

94.56

104.61

63.88

283.87

156.67

223.34

94.56

104.61

63.88

283.87

156.67

(25.74)
197.60

20.18

13.39

41.44

20.26
(13.39)
43.62

60.60
3.14
4.25
32.23
(l.08)
184.73

32.86

63.43

22.32
3.14
1.21
13.08
(1.08)
65.94

46.16
(32.86)
(0.50)
111.01

50.33
(32.71)
(0.50)
139.04

63.43
78.90

65.94
83.50

43.62
54.84

184.73
233.21

111.01
135.39

139.04
171.56

2.70
8.25

W
~

Regd. Office: Office No. I, PIOINo. 266, Village Aile, Kumbhoj Road, Taluka Halkanangale, Di51.Kolhapur - 416109. Tel.: (~230) 3292933. 2463~05 Fax.: (0230) 2483275
Spinning Division: 01. Gokul Shirgaon MIDC Industrial Area, Kolhapur - 416 234. leI.: (0231) 268 7400/415 Fax: (023,) 267 2161 Ema,1. works@mdocounl.com
Thane Office: 2325 Vardhaman Industrial Complex. Near Hotel United 21, Gokul Nagar. Old Agra Road, Thane (W) - 400 601. Tel.: 4151 1800/883 Fax: (9122) 4151 1866/21720121
Home Iextile Division: Plot No. l-3, Five Star Kagal-Halkanangale MIDC Ind. Area. Talandage, Tal.: Hatkanangale. Kolhapur - 416 216. Tel.: 0231662 7900 Fax: 0231-662 7979
Delhi Office: 2nd Floor. 15/16. Old Rajender Nagar. New Delhi 110060. Tel.: (011) 2575 3331/2576 7330 /41539444
.

Indo Count Industries

Indo Count

Limited

301, 'ARCADIA', 3rd Floor, Nariman Point, Mumbai - 400 021, INDIA
Tel: 022-4341 9500,2285 6534/35 Fax: 022-22823098,22041028
E-mail: indo@indocount.com
Website: WWW.indocount.com
CIN : L72200PN1988PLC068972

Count On Us...

Quarter Ended

Period Ended

Year Ended

31-12-2015 30-09-2015 31-12-2014 31-12-2015 31-12-2014

SR
No

Particulars

Unaudited

Unaudited Unaudited
39.48

Unaudited Unaudited
39.48
39.48

Audited

16

Paid up equity share capital (Face Value of

Rs to/. each)

39.48

17

Reserves excluding revaluation reserve at

the last balance sheet date

18

Earnings per Sharer- a) Basic and diluted

EPS before extra ordinary items for the
period, for the year to date and for the
previous year (not annualiscd) Rs.

16.07

16.70

11.89

45.57

30.27

37.18

b) Basic and diluted EPS after extra

ordinary items for the period, for the year
to date and for the previous year (not
annualised) Rs.

16.07

16.70

1l.89

45.57

30.27

37.18

Interim dividend on equity shares (in Rs.)

1.00

1.00

Final Dividend on equity shares (in Rs.)

Total Dividend on equity shares (in Rs.)

1.00

1.00

Total Dividend percentage

10%

10%

19

39.48

31-03-2015
39.48
270.76

Dividend per share (par value Rs.IO each):

NOTES:
I) The above financial results were reviewed by the Audit Committee and approved by the Board of Directors on 08.02.2016 2) The Company operates in only one primary business segment i.e. Textile Segment. Hence, information relating to primary
segments is not required to be separately furnished.

'.

3) Previous period / year's figures have been regrouped/rearranged wherever necessary.

4) Details of investor complaints for the quarter ended 31-12-2015: begining - Nil, received - 1, resolved - I, pending- Nil.
FOR INDO COUNT JNDU~T
Place: Mumbai
Date: 08.02.2016

Ch'i"~

LIMI'fE1 /\
umar Jail(
ng Director

Re d. ONice: ONice No.1, Plol No. 266, Village Aile. Kumbhoj Road, Taluka Halkanangale, Dist. Kolhapur - 416 109. Iel.: (0230) 3292933, 2483105 Fax.: (0230) 2483275
~Pinning Division: 0-1, Gokul Shlrgaon MIDC Induslrial Area, Kolhapur - 416 234. ret: (0231) 268 7400 /415 Fax: (0231) 267 2161 E-mail . ~orkS@,"docoun1.com
Thane Office: 23-25 Vardhaman InduSlrial Complex. Near Hotel United 21, Gokul Nagar, Old Agra Road, Thane (W) - 400 601. Tel.: 41511800 1883 Fax . (91-~2) 4151 1866/21720121
Home Texli1eDivision: Plot No. T-3, Five S1arKagal-Halkanangale MIDC Ind. Area, Talandage, Ial.: Hatkanangale, Kolhapur - 416 216. Tel.. 0231-662 7900 Fax. 0231-662 7979
Delhi Office: 2nd Floor. 15/76, Old Rajeoder Nagar. New Oelhi - 110 060_Tel.: (011) 2575 3331/2576 7330 /41539444

~.

B. K. SHROFF & CO.

3/7-8, Asaf Ali Road,

tst Floor, Flat No.4,
NewDelhi-110002.
Phones: 23271407,23284825,23284826
Tele1ax: 23270362
E-mail: bkshroffdelhi@yahoo.com
bkshroffdelhi@rediff.com

Chartered Accountants

To,
Board of Directors,
INDO COUNT INDUSTRIESLIMITED
Re: Limited Review Report for the quarter ended 31st December, 2015.

We have reviewed the accompanying Statement of Unaudited Financial Results of INDO COUNT
INDUSTRIESLIMITED (the "Company") for the quarter ended 31st December, 2015. This Statement is
the responsibility of the Company's Management and has been approved by the 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 Engagements (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 analytical procedures applied to financial data and thus
provide 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 had
not disclosed the information required to be disclosed in terms of Regulation 33 of 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 B.K. SHROFF & CO.

Chartered Accountants
Firm Reg. No.302166E

tJ
Place: Mumbai
Date : 08.02.2016

,-R-i'~1

PARTNER
Membership No. 6329

Kolkata Address: 23-A, Netaji Subhash Road, Kolkata - 700001 0 Phones: 22300751, 22300752 0 Fax: 22300680