Integrated Filing — IndAS



General information about company

Scrip Code 542351
NSE Symbol GLOSTERLTD
MSEI Symbol NOTLISTED
ISIN INE350Z01018
Name of company GLOSTER LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 07-08-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 31-07-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 07-08-2026   13:30:00
End date and time of board meeting 07-08-2026   16:00:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 42,739.45 42,739.45
Other income 324.22 324.22
Total income 43,063.67 43,063.67
2 Expenses
(a) Cost of materials consumed 34,377.99 34,377.99
(b) Purchases of stock-in-trade 2,972.26 2,972.26
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (8,445.52) (8,445.52)
(d) Employee benefit expense 4,202.32 4,202.32
(e) Finance costs 2,173.88 2,173.88
(f) Depreciation, depletion and amortisation expense 1,653.13 1,653.13
(f) Other Expenses
1 Other Expenses 5,916.38 5,916.38
Total other expenses 5,916.38 5,916.38
Total expenses 42,850.44 42,850.44
3 Total profit before exceptional items and tax 213.23 213.23
4 Exceptional items 0.00 0.00
5 Total profit before tax 213.23 213.23
6 Tax expense
7 Current tax 520.09 520.09
8 Deferred tax (73.31) (73.31)
9 Total tax expenses 446.78 446.78
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations (233.55) (233.55)
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period (233.55) (233.55)
17 Other comprehensive income net of taxes 53.50 53.50
18 Total Comprehensive Income for the period (180.05) (180.05)
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 0.00 0.00
Total profit or loss, attributable to non-controlling interests 0.00 0.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 0.00 0.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
21 Details of equity share capital
Paid-up equity share capital 1,094.33 1,094.33
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -2.13 -2.13
Diluted earnings (loss) per share from continuing operations -2.13 -2.13
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -2.13 -2.13
Diluted earnings (loss) per share from continuing and discontinued operations -2.13 -2.13
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Notes : 1. The consolidated financial results include the results of Gloster Limited (the Holding Company) and its wholly owned subsidiary companies namely Gloster Lifestyle Limited, Gloster Specialities Limited, Gloster Nuvo Limited, Fort Gloster Industries Limited and Network Industries Limited (the Holding Company and its subsidiaries hereinafter referred to as the Group). 2. The above consolidated financial results have been reviewed by the Audit Committee and were approved by the Board of Directors at their respective meetings held on 07th August, 2026. 3. The Statutory Auditors of the Holding Company have carried out a 'Limited Review' of the consolidated financial results for the quarter ended 30th June, 2026, in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 4. On a review of all the relevant aspects including, in particular, the system of internal financial reporting to the Board of Directors, which is the Chief Operating Decision Maker ('CODM') and considering the economic characteristics of the operations, the Group is of the view that it operates in two business segments 'Jute Goods' and 'Cables & Other Electrical Products'. Cables & Other Electrical Products business represents the operations of the subsidiary Company - Fort Gloster Industries Limited, which started its operations in the quarter ended 30th June, 2024. 5. In respect of the consolidated financial results, figures for the quarter ended 31st March, 2026 are the balancing figures between audited figures of the financial year ended 31st March, 2026 and published unaudited figures for nine months ended 31st December, 2025. 6. The Hon’ble National Company Law Tribunal (NCLT), vide its order dated 27th September 2019, held that the trademark “Gloster” (included in the carrying value of trademarks as at 30th June 2026 amounting to Rs. 1,090.88 lakhs) is an asset of Fort Gloster Industries Limited, a subsidiary of the Holding Company. This order was set aside by the Hon’ble National Company Law Appellate Tribunal (NCLAT) vide its order dated 25th January 2024.Subsequently, the Hon’ble Supreme Court of India, vide its order dated 22nd January 2026 disposed of the appeals and held that neither the NCLT nor NCLAT have jurisdiction to adjudicate over the said matter and that the parties may litigate upon the matter in any other court. At the same time, the Supreme Court did not disturb the position, that the trademark “Gloster” is owned by Fort Gloster Industries Limited. 2 applications filed by Gloster Cables Limited at Hyderabad Commercial Court and Delhi High Court are being contested by the Subsidiary & it's Holding Company and necessary legal recourse in the matter is also being taken. Accordingly, no adjustment in the financial results has been considered necessary in this regard. 7. The Scheme of amalgamation of Gloster Lifestyle Limited and Gloster Specialities Limited (‘Transferor Companies’) both wholly owned subsidiaries of the Company with Gloster Limited ('Transferee Company') has been filed with Hon’ble National Company Law Tribunal, Kolkata Bench (“NCLT”). The matter was heard on 14th February 2026 and NCLT has reserved it for Order. Pending approval of the Scheme by the Hon'ble National Company Law Tribunal, Kolkata, no effect of the Scheme has been given in these consolidated financial results. By Order of the Board HEMANT BANGUR Executive Chairman Place: Kolkata Dated: 07th August, 2026



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026 01-04-2026
Date of end of reporting period 30-06-2026 30-06-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Jute Goods 35,437.71 35,437.71
2 Cable & Other Electrical Products 7,301.74 7,301.74
Total Segment Revenue 42,739.45 42,739.45
Less: Inter segment revenue 0.00 0.00
Revenue from operations 42,739.45 42,739.45
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Jute Goods 2,936.95 2,936.95
2 Cable & Other Electrical Products (578.34) (578.34)
Total Profit before tax 2,358.61 2,358.61
i. Finance cost 2,173.88 2,173.88
ii. Other Unallocable Expenditure net off Unallocable income (28.50) (28.50)
Profit before tax 213.23 213.23
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Jute Goods 1,62,138.44 1,62,138.44
2 Cable & Other Electrical Products 91,078.50 91,078.50
Total Segment Asset 2,53,216.94 2,53,216.94
Un-allocable Assets 11,619.47 11,619.47
Net Segment Asset 2,64,836.41 2,64,836.41
4 Segment Liabilities
Segment Liabilities
1 Jute Goods 77,302.02 77,302.02
2 Cable & Other Electrical Products 72,780.26 72,780.26
Total Segment Liabilities 1,50,082.28 1,50,082.28
Un-allocable Liabilities 6,068.40 6,068.40
Net Segment Liabilities 1,56,150.68 1,56,150.68
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Re-measurement of post-employment benefit obligations (3.78) (3.78)
2 Changes in the fair value of equity instruments at FVOCI 44.51 44.51
Total Amount of items that will not be reclassified to profit and loss 40.73
2 Income tax relating to items that will not be reclassified to profit or loss (12.77) (12.77)
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 53.50 53.50