A meeting of the Board of Directors of Cosco (India) Limited was held on Friday, 13th November, 2026, at its Registered Office in Delhi. The meeting commenced at 04:00 PM and concluded at 04:40 PM.

The Board considered and approved the Unaudited Standalone Financial Results for the quarter and half year ended 30th September, 2026. The Board also took note of the Limited Review Report issued by the statutory auditors, M/s. Madan & Associates, Chartered Accountants, for the same period. This disclosure is made pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance (Quarter Ended 30th September, 2026)

  • Total Income: ₹514.55 lakh (₹5,145.45 lakhs)
  • Revenue from Operations: ₹513.58 lakh (₹5,135.80 lakhs)
  • Other Income: ₹0.07 lakh (₹0.65 lakhs)
  • Profit Before Tax (PBT): ₹108.85 lakh
  • Total Tax Expense: ₹31.29 lakh (Current tax: ₹38.83 lakh, Deferred tax credit: ₹7.54 lakh)
  • Net Profit for the period (after tax): ₹77.56 lakh
  • Total Comprehensive Income for the period: ₹87.06 lakh
  • Earnings Per Share (EPS) (of ₹10 each): Basic ₹1.86; Diluted ₹1.86

Financial Performance (Half Year Ended 30th September, 2026)

  • Total Income: ₹1,066.13 lakh (₹10,661.33 lakhs)
  • Profit Before Tax (PBT): ₹207.86 lakh
  • Net Profit for the period (after tax): ₹147.51 lakh
  • Total Comprehensive Income for the period: ₹160.53 lakh

Comparative Figures

  • Q2 FY26 (30.09.2025) Net Profit: Loss of ₹143.11 lakh
  • H1 FY26 (30.09.2025) Net Profit: Loss of ₹88.12 lakh
  • Full Year FY26 (31.03.2026) Net Profit: ₹100.49 lakh

Capital Structure

  • Paid-up Equity Share Capital (Face value of ₹10 each): ₹416.10 lakh, unchanged from previous periods.
  • Other Equity (as of 30.09.2026): ₹4,917.31 lakh (Audited figure as of 31.03.2026: ₹4,756.77 lakh)

Segment-wise Performance (Quarter Ended 30.09.2026)

  • Segment Revenue:
  • Manufactured Products: ₹294.63 lakh
  • Stock in Trade: ₹2,041.47 lakh
  • Total: ₹5,135.80 lakh
  • Segment Results (PBT):
  • Manufactured Products: Profit of ₹12.12 lakh
  • Stock in Trade: Profit of ₹221.68 lakh

Balance Sheet Highlights (as of 30.09.2026, Unaudited)

  • Total Assets: ₹13,269.80 lakh (31.03.2026 Audited: ₹12,949.82 lakh)
  • Inventories: ₹7,849.14 lakh
  • Trade Receivables: ₹3,179.30 lakh
  • Cash & Cash Equivalents: ₹20.20 lakh (a significant decrease from ₹293.20 lakh on 31.03.2026)
  • Total Borrowings: ₹5,542.36 lakh (Non-current: ₹1,460.46 lakh; Current: ₹4,081.90 lakh)
  • Total Equity: ₹5,333.41 lakh

Cash Flow (Half Year Ended 30.09.2026)

  • Net Cash from Operating Activities: ₹176.75 lakh
  • Net Cash used in Investing Activities: ₹(91.00) lakh
  • Net Cash used in Financing Activities: ₹(358.75) lakh
  • Net Decrease in Cash: ₹(273.00) lakh

Notes to Accounts (Key Highlights)

1. The financial results are prepared in accordance with Indian Accounting Standards (Ind AS).

2. Certain provisions (bonus, leave encashment, gratuity, special discount) are made proportionately based on FY 2025-26 figures.

3. A provision for Special Discount of ₹205 lakhs is made based on management estimates, with exact calculation to be done at year-end.

4. No interest is accrued/payable to MSME parties under the MSMED Act, 2006.

5. A GST Input Tax credit of ₹186.10 lakhs is under reconciliation.

6. Other current assets include an advance against imports of ₹201.16 lakhs and a stale supplier credit of ₹1.63 lakhs outstanding for over a year, both expected to be adjusted soon.

7. Contingent Liabilities: Claims against the company not acknowledged as debts amount to ₹177.62 lakhs.

8. Inventory quantity and valuation are certified by management.

9. Confirmations from trade payables, trade receivables, and other parties will be obtained at year-end. The current classification of these balances is certified by management.

10. The Internal Audit Report for the quarter was not produced for verification by the auditors.

11. The calculation for Ind AS 116 regarding a lease agreement variation for Mumbai premises will be made at year-end.

Auditor's Review Report

M/s. Madan & Associates issued an Independent Auditor's Review Report. Based on their review, nothing has come to their attention that causes them to believe the statement contains any material misstatement. However, they emphasized several matters (Emphasis of Matters) relating to Notes 3, 6, 8, 9, 10, and 11 of the financial statement, and noted that the Internal Audit Report for the quarter was not produced for their verification. Their opinion is not qualified in respect of these matters.

Publication

An extract of the results will be published in newspapers as required by the Listing Regulations.