c,o-rq llMlTq9

i:..g. GU.JAFAI
Resdotf ice:cassra-7o2;rci::ed:3lY;.?3tnt#'ol*Panchavat'

,-1",,;JIJ,:',ERiii 'tr{#Ii',fl,+"Jt,#,nJ3"o"Jilu'"'
Date: 10i 11/2016
To

E:f i$'j:.l

Da,ar street'

Mumbai400001

ended 30.09.2016
quarter end
--r -..-,rc'
for the second
Results
of Un-Audited
Sub : Submission
GUJCOTEX (BSE)
Symbol:
(BSE)'
514386
Ref.: Scrip Code:

'r1

*,rili.,#,nr,'.,,r''mi*;,,.ih*i'niT"i*i'i:":1"rr"J1':1rffi
auditors is also
review report from
with Limited
and liabilites along
assets
of
Statement
enclosed
confirm
same on record and
Kindly take the
Thanking You

Limited
For Guiarat Cotex

,I'

itt

t rl

lt

snaitesnf umar'tayantkumar
Managing Director
(DlN: 0'12462 / u)

Parekh

Mo.: 98253 135'13

Aadil Aibada & Associates

Acco[ntantr'

chartored
(a.com., FCA,)

!lG5{l-512r &lly

Pltt

Athwagater Surat. Ph.: lol 2472345,2470578

E{rail: tldilaibada@rahoo.com
r lo Date Resul(s of

r's ReDorl or Oua rtcrlr Iinancial

L
ti0n

ComDnnv
20r

To.
Board off)ireclor of [US. CUJARAT CO-TEX

LIMITED

'

for thc quadcr ended

we have audired the Quaterly financial R!'sull of ws. GUJARAT CO-TEX LIMITED
herewith' being submitted by
30/09,2016 and the year date results for the period 0l/0712016 to 3ongnol6 allached
(Listing Obligations and Disclosure
the company pursuant to the requirement of Regulation 33 of the SEBI
well as the year to date financial results have
Requirements) Regulations,2Ol5. These quarterly financial results as

beenpreparedonthebasisoilheinterimfinancialslatements,whicharetheresponsibilityofthecompany's
results bases on our audil ofsuch interim
management. Our responsibility is to express an opinion on these financial
and measuiement principles laid
financial statements, which have ben prepared in accordance wilh the reaognition
(AS25/Ind AS 34)' prescribed' uder Seclion 133 ofthe
down in Accounting Standard for loterim Financial Reporting
Inslitute of Chartered Accountants of the
Companies Acl, 20 i3 read with relevant rules issued there under: or by the

lndia,

as

applicable and other accounting principal generally accepled in lndia'

generally accepted in lDdia Those standards require

Wc conducted our audir in accordance with lhe auditing standards

that we plan and perform

fie

free
audit lo obtain reasonable assurance about wheher the financial rsults are

of

evidenca suPporting the amounts disclosed as

material misstatement(s). An audit includes examining, on a test basis
principles used and significant estimates made by
financial results. An audil also includes assessing the accounring
our opinion'
managenlent. We believe that our audit provides a reasonable basis for

In our opinion and to the best of our information

financial results well

(i)

as thc

year

10

a,Ild according

to the explanations given to us these quarlerly

date results:

re presented in accordance with the

req

uirements of Regu lation

3 of the

EBI

(L

isting obligations and

Disclosure Requiremenls) Regulations' 2015 in this regard; and

(ii)

information for lhe quafler ended

Give a rue and fair view of the net Profit/Loss and other fina.ncial
to30l09l20l6'
30/09/2016 as wellas the year to date results for the period from Ol/072016

For Adil Aibada & Associates'

Chanered Accountants'

Nt'"'Y-

(Aadil S.XiE (rr)

Proprictor.
Membership No.045310.

suRAT,

l0.tlr0l6.

,ig,

GUJARATCOTEX IIMITED
Regd. Office : Cass la-702, 6ardn Clty, Opp. Samarvanl Pan.hayat, Khanvel Road, Silvassa 396230

UNAUDITED FINANCIAI- RESULTS FORTHE QUARTER/ HALF YEAR ENDED 3OTH SEPTEMBER 2015

(Amount in Lac)
sR.NO.

PARTICUTARS

YEAA ENDED

QUARTER ENDEO

@.zore

31.03.2015

@rteo
1

lncolhe f rom opratlons:

a) Net Sales/ lncome from operations (Net ofexclse duty)
b) other operatlng income
Totallncome from operatlons (1a + b)
Total Expendhure:
a) Cost of Materiak consumed
b)Purchase of stock in trade
c) Change in inventories ofstock in trade
d) Employees benefit expenses
e) Depreciation and amortization

f)Other expenditure
Total Erpendliure (2a + b

+c+d+

e)

Audited

397.18
0.00
397.18

112.01

0.m

0.07

2.O3

112 08

2.03

0.00
395.56
0.00

0.00
108.52

0.00
0.00
0.00

o-76

YEAR TNDED

0.00
6.19

1.49

397.18
7.95
405.13

378.46

0.00
380.03
0.00
9.45
3.63
10.65

0.00
36s.12
0.00
4.04

17.81

396.21

3.15

0.00
1.44

3.63
1.78

0.00
2.64

397.76

120.12

4.13

403.76

384.00

-0.58

-8.04

L2.27

-o.a2

-2.10
0.00

7.37

0.02

o.29

0.00

-0.55

-8.86

-2.10

0.r5

0.20

1.66
o.74

72.27

0.12
-0.68

-9.01

-2.30

L\.17

0.00
-0.68

o.00

0.00

-9.01

2.34

o.92
0.00
0.92

11.69

Protit from operations bfore other income, finance costs &

exceptlonalitems
4
5

6
7

8
9

Other lncome

Proflt from ordinary activities before finance costs & excptional

Finance Cost

Profit from ordinary activities after finance costs & erceptional

items
Exceptionalltems

Profitfrom ordinary actlvitis before tax

1.10

0.00
17.17

GU]ARAT COTEX LIMITEO

Rgd. Oftlce rCassia-702, Garden City, Opp. Samarvani Panchayat, KhanvelRoad, Silvassa 396230

UNAUDITED TINANCIAL RESULTS FOR TTIE QUARTER

HALFYEAR ENOEO3OTH SEPTEMBER 2015

PART.I
SR.NO

lAmount ln Lac)
PARTICULARS

YEAR ENDED

QUARTER ENOEO

30.09.2015 31.03.2016 30.09.2015

31.03.2015

Unaudited
10

13

Tar Expense
Net Profltfrom ordinary activities after rax
Extraordinery ltem
Net Profit forthe period

14

Share of profit / (loss) of associates

15

Mlnorlty lnterest
Net Profit after taxes, minorlty intrest and share of proft/llossl
ofassoclates

11
12

16

17

l8
19

Paid-up equity share capltal (Face Value Rs.1O each)

Reserves excluding Revaluatlon Reserv es per Balance Sheet ot
previous accounting year

arninS per share (before ertraordinary itemsxnot

to

31.03.2015

Audlted

0.00
-0.68

0.00
-9.01

0.00
-2.30

0.00
-0.68

0.00
-9.01

0.00
-2.30

0.00
0.00

0.m
0.00

0.00
0.00

-0.68
712.20

-9.01
712.20

712.20

o.92
772.20

11.11
772.20

0.00

0.00

0.00

0.00

0.00

-0.01
-0.01

.o.13
,0.13

-0.03
,0.03

0.01
0.01

0.16
0.16

-0.01
-0.01

-0.13

-0.03

0.01

0.16

'0.13

-0-03

0.01

0.16

-2.30

0.00
0.92
0.00
o.92
0.00
0.00

o.00
11.17

0.00

71.r1
0-00

0.00

be

annualized)
a) Easlc

b) Diluted
20

YEAR ENDEO

EarninS

per share (before extraordinary itemsxnot to

be

annualized)

a)Basic
b) Diluted

GUJARAT COTEX I.IMITED

Re8d. Office : Cassla'7o2, Garden Clty, Opp. Samarvani Panchayat, (hanvel Road, Silvassa 396230

UNAUOITEO FINANCIAI RESUI,TS

QUARTER/ HALF YEAR ENDTD 3OTH SEPTEMBER 2016

'ORfHE
SR.NO

PARTICUI-AR5

QUARTER ENDEO

30.09.2016 31.03.2016 30.09.2015

Unaudited

YIAR ENDED
31.03.2016

YEAR ENDED

31,03.2015

Audited

Audited

PARTICULARS OT SHAREXOI-DING
1

Public Shareholding:
- Number of Shares

- Percentage of Shareholding
Promoters and Promoter Group Shareholding:
a) Pledged / Encumbred

3691000

3691000
57-A3%

3691000
5L.43%

3691000

s1.83%

5L.A3%

3691000
51.83%

0.00%

o ao%

a-oa%

o.ov/o

0.00%

0.00%

0 00%

0.oo%

0.00%

a.oo'/"

3431000

3431000

3431000

3431000

3431000

100.00%

100.00%

100.00%

100.00%

100.00%

4A_D%

4a 17%

44.17%

44.1,7%

4A-17%

- NumberofShares

of shares (

Percentage
as a % of th total shareholding of
promoter and promoter group)
- PercentaSe of shares ( as a % of the total sharecapital of the

b)Non-Encumbered
- Number ofShares

of shares (

Prcentage
as a % of the total shareholding of
promoter and Promoter Sroup)
- Percentage of rhares ( as . % of the total sharecapital of the
company)
B

II'IvESTOR COMPLAII'IT5
PendinE at the beginning

30.09.2016

ofthe quarter

NIL

Received durint the quarter

Ntt

Disposed ofduring the quarter

NIL

Remaining unresolved at the end of the quane.

NIL

GUJARAT COTEX LIMITED

RBd.

ottlce : cassla-

Garden

silvassa 396230

, Opp. SamarvaniPan.

REPORTING OF SEGMENT.WISE BEVTNUES AND RESULTS

nt in La

PARI-I
sR.NO.

QUARTER ENDEO

YEAR ENDED

30.09.2016 31.03.2015 30.09,201s

31.03,2015

PARTICULARS

YEAR ENDED

31.03.2015

Audited

I unaudited

lunaudited
1

a)Trading Businss
Education Business

Total
2

segment Rsults
a)Trading Buriness

397.18

112.01

0.00

o.00

0.07

2.03

-0.56
-0.02

b Education gusiness

Total

ru
|

3rz1sf-qgCl
-r.,'

2.O3

397.18
7.95
405.13

378.46
77.81
396-21

-2-O9

1.28

-o.15

-0.01

12.42

-0.581

8.04

T- lol

0.09

!.31

12.21

Other lncome

o.o2

-o.42

0.00

0.29

0.00

Finance Cost

0.12

0.15

0.20

o.74

1.10

,0.68

-9.01

-2.30

o-92

!1.11

The above financial resutts for the quaner ended 30.09.2016 were reviwed and recommended by the Audit Committee and
1

2
3
4

subsequently approved by the Board of Oirectors atthe meetin8 held on 10th November 2016
Th previous period's figures have been regrouped and re_arranged whereverround necessary.
The above financial results are

lubjectto limlted review bythe Audlto6 ofthe Company.

The company hastwo segment ofactivity namelYTextile Tradln8 and Eucation Buslness.
rOR GU.IARAT COTEX UMTTIO

13.

lt'z'qcrl
DIRECTOR

GUTARATCOTEX LIMITED

Retd. Oftlce : Cassla-702, Garde. City, Opp, Samarvanl Panchayat, Khanvl Road, Sllvassa 395230
STATEMENTS OE ASSEfS AND LIABILITIES (STANDALONE)

lAfiount in l-ac)
SR.NO

THREE MONfH

PARTICUIARS

YEAR ENDED

TNOED

30.o9.2015

31.03.2016

Unaudited
EQUITYANO IIABILITIES
1

SHAREHOLDIRS'

FU

DS

a)Capital
b) Reserve & Surplus
c) Money Reelved against share warrants

Shareholdrs'Funds
2

SHARE APPLICATION MONEY PENDING ALI-OTMENT

MINORITY INTEREST

712.20
0.00
0.00
1).?.20
0.00
0.00

712.20
0.00
0.00
172.20
0.00
0.00

NON.CURREIYT LIABILITIES

a) LonSTerm Eorrowings

3.32

5.25

b) Deferred Tax Liabilities (net)

c) Other LonS-term Liabilities
b) LonS Term Provision

0.00
0.00

o.00

0.00
0.00
0.00

3.32

5.25

a)Short Term Eorowings

b)Trad Payables

s3.48
396.82

c) Other Current Llabllities

9.84

Non-current [iabilities
5

CURRENT I.IABII.ITIES

0.m

53.55
0.61
0.00
0.oo

Current Liabllitls

460.14

54.!6

TOTAI- - EQUITY AND LIAEILITIES

1175.66

d) Short-term provlsions

T-

17

t.61

GUJARAT COTEX LIMITED

Office : cassla-7o2, Garden Clty, Opp. Samarvanl Panchayat, (hanvel Road, Silvassa 396230
STATEMENTS OF ASSETS AND LIABILITIES

(amount in lac)
5R.NO

THRE MONTH YEAR ENDED

PARTICULARs

TNDED

30.09.2016
Unaudlted
B

31.03.2016

ASSEIS
NON.CURRENT ASSETS
a) Tangible Assets

L27.66
0.00
74.75
0.00
0.02
0.00
0.00

b) Goodwlll on consolidation
c) Non-current lnvestments
d) Deferred Tax Assets
e) Long ferm Advances
0 Other non-currnt assets
e) lnvestmnt in Company's Owfl Oivlslon

Non-current Assts
2

202_43

L27.56
0.00
14.75
0.00
0.02
0.00
1.95
204.38

CURRENTASSETS

a) Current lnvestments

973_23

0.00
0.00
532.92
5.69
4.21
24.41
567.23

1175.65

777.6t

0.00
0.00
868.09

b) lnventories

c)Trade Recievables
d)Cash & cash Equivalents
e)Short Term toans & Advances
f)Other CurrentAssets

27.02
0.53
71.59
TOTAT

FOR GU'ARAT COTEX TIMITEO

5'/t'z'"2a^q
DIRECTOR