GLOSTERLTD2024-01-012024-03-31 GLOSTERLTD2024-01-012024-03-31 GLOSTERLTD2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member GLOSTERLTD2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member GLOSTERLTD2024-03-31 GLOSTERLTD2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue01Member GLOSTERLTD2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue02Member GLOSTERLTD2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue01Member GLOSTERLTD2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue02Member GLOSTERLTD2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults01Member GLOSTERLTD2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults02Member GLOSTERLTD2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults01Member GLOSTERLTD2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults02Member GLOSTERLTD2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets01Member GLOSTERLTD2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets02Member GLOSTERLTD2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member GLOSTERLTD2024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member GLOSTERLTD2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member GLOSTERLTD2024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 542351 GLOSTERLTD NOTLISTED Gloster Limited Equity 2023-04-01 2024-03-31 2024-05-30 2024-05-23 INR Lakhs Yearly 11:15:00 15:45:00 2024-05-30 2024-05-30 true Cash Flow Indirect Declaration of unmodified opinion Multi segment 2024-01-01 2024-03-31 Audited Consolidated 1849831000.00 23998000.00 1873829000.00 787598000.00 0.00 110265000.00 315915000.00 12023000.00 98966000.00 434867000.00 1759634000.00 114195000.00 0.00 114195000.00 62312000.00 -24874000.00 37438000.00 0.00 76757000.00 0.00 0.00 0.00 0.00 76757000.00 125727000.00 202484000.00 0.00 0.00 0.00 0.00 109433000.00 10 7.01 7.01 0.00 0.00 7.01 7.01 Notes : 1. The consolidated financial results include the results of Gloster Limited (the Parent 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 parent 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 30th May, 2024. 3. The Parent Company's Board has recommended a dividend of 200% i.e. Rs.20/- per equity share for the financial year ended 31st March, 2024. The payment is subject to approval of the shareholders at the ensuing Annual General Meeting. 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 manufacturing segments 'Jute Goods' and 'Cables'. Cable business represents the operations of the subsidiary Company - Fort Gloster Industries Limited which is currently in capitalisation phase. 5. In respect of the consolidated financial results, figures for the quarter ended 31st March, 2024 and 31st March, 2023 are the balancing figures between audited figures of respective financial year and published unaudited figures for nine months ended 31st December, 2023 and 31st December, 2022 respectively. 6. The Hon’ble National Company Law Appellate Tribunal (NCLAT) vide Order dated 25th January 2024 has allowed the appeal of Gloster Cables Limited with respect to Trademark ‘Gloster’ (included in the total carrying value of Trademarks as at 31st March 2024 - Rs. 1,240 lakhs) of Fort Gloster Industries Limited, a subsidiary of the Holding Company. This Trademark was held to be an asset of the subsidiary, vide Order dated 27th September 2019 of NCLT Kolkata Bench. The Holding Company has filed an appeal against the aforesaid NCLAT order before the Hon’ble Supreme Court of India, and vide Order dated 7th March 2024 the Hon’ble Supreme Court of India has stayed the operation of Order dated 25th January 2024 of NCLAT. Accordingly, no adjustments have been considered necessary in this regard. By Order of the Board Hemant Bangur Executive Chairman Place: Kolkata Dated: 30th May, 2024 Multi segment 2023-04-01 2024-03-31 Audited Consolidated 6464015000.00 138013000.00 6602028000.00 3238269000.00 0.00 29771000.00 1203380000.00 25349000.00 383476000.00 1343641000.00 6223886000.00 378142000.00 0.00 378142000.00 214233000.00 -79608000.00 134625000.00 0.00 243517000.00 0.00 0.00 0.00 0.00 243517000.00 287314000.00 530831000.00 0.00 0.00 0.00 0.00 109433000.00 10 10992173000.00 22.25 22.25 0.00 0.00 22.25 22.25 Other Expenses 434867000.00 Other Expenses 1343641000.00 0.00 6383244000.00 1174727000.00 122689000.00 1791533000.00 630338000.00 3660000.00 0.00 0.00 1221223000.00 0.00 0.00 26608000.00 1247831000.00 361259000.00 11715281000.00 1543874000.00 202685000.00 407689000.00 76394000.00 252123000.00 44578000.00 82378000.00 1065847000.00 112140000.00 261614000.00 2983475000.00 0.00 0.00 14698756000.00 109433000.00 10992173000.00 11101606000.00 11101606000.00 1189322000.00 0.00 105527000.00 1294849000.00 68986000.00 740100000.00 0.00 27356000.00 2131291000.00 646502000.00 171147000.00 355480000.00 1173129000.00 180858000.00 43073000.00 68799000.00 0.00 1465859000.00 0.00 0.00 3597150000.00 14698756000.00 Cables 0.00 Jute Goods 1849831000.00 Cables 0.00 Jute Goods 6464015000.00 1849831000.00 6464015000.00 0.00 0.00 1849831000.00 6464015000.00 Cables -35798000.00 Jute Goods 154912000.00 Cables -108204000.00 Jute Goods 490358000.00 119114000.00 382154000.00 12023000.00 25349000.00 -7104000.00 -21337000.00 114195000.00 378142000.00 Cables 2536705000.00 Jute Goods 10738143000.00 13274848000.00 1423908000.00 14698756000.00 Cables 148571000.00 Jute Goods 2708479000.00 2857050000.00 740100000.00 3597150000.00 25349000.00 -66052000.00 0.00 0.00 0.00 0.00 -189139000.00 0.00 0.00 0.00 0.00 0.00 141722000.00 383476000.00 0.00 -26727000.00 0.00 0.00 0.00 -1293000.00 1706000.00 38319000.00 0.00 2525000.00 0.00 -21525000.00 0.00 0.00 0.00 208311000.00 586453000.00 0.00 0.00 0.00 206403000.00 0.00 380050000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 7517000.00 1445391000.00 284516000.00 97365000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -64949000.00 0.00 0.00 0.00 0.00 0.00 1706000.00 36623000.00 0.00 20420000.00 0.00 -1256923000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1103637000.00 0.00 0.00 0.00 218318000.00 19676000.00 0.00 -10684000.00 854959000.00 -21914000.00 0.00 -21914000.00 98308000.00 76394000.00 158077000.00 336410000.00 32350000.00 49096000.00 0.00 0.00