GLOSTERLTD2024-04-012024-06-30 GLOSTERLTD2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member GLOSTERLTD2024-06-30 GLOSTERLTD2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue01Member GLOSTERLTD2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue02Member GLOSTERLTD2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults01Member GLOSTERLTD2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults02Member GLOSTERLTD2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets01Member GLOSTERLTD2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets02Member GLOSTERLTD2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities01Member GLOSTERLTD2024-06-30in-bse-fin:OneReportableSegmentLiabilities01Member GLOSTERLTD2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities02Member GLOSTERLTD2024-06-30in-bse-fin:OneReportableSegmentLiabilities02Member GLOSTERLTD2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member GLOSTERLTD2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 542351 GLOSTERLTD NOTLISTED Gloster Limited Equity 2024-04-01 2025-03-31 2024-08-09 2024-08-02 INR Lakhs First quarter 13:15:00 15:00:00 2024-08-09 2024-08-09 Not applicable Multi segment 2024-04-01 2024-06-30 Unaudited Consolidated 1359049000.00 19090000.00 1378139000.00 873711000.00 0.00 -252317000.00 315634000.00 35891000.00 117418000.00 362685000.00 1453022000.00 -74883000.00 0.00 -74883000.00 32632000.00 -23003000.00 9629000.00 0.00 -84512000.00 0.00 0.00 0.00 0.00 -84512000.00 30121000.00 -54391000.00 -54391000.00 0.00 109433000.00 10 -7.72 -7.72 0.00 0.00 -7.72 -7.72 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 9th August, 2024. 3. The Statutory Auditors of the Parent Company have carried out a 'Limited Review' of the consolidated financial results for the quarter ended 30th June, 2024, 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 manufacturing segments 'Jute Goods' and 'Cables'. Cable business represents the operations of the subsidiary Company - Fort Gloster Industries Limited, which started its operations in the quarter ended 30th June, 2024. 5. 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 30th June 2024 - Rs. 1,223.09 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. 6. The Board of Directors of the Parent company had at its meeting held on 30th May, 2024, approved amalgamation of Gloster Lifestyle Limited and Gloster Specialities Limited (‘Transferor Companies’) both wholly owned subsidiaries of the Parent Company with the Parent Company ('Transferee Company'), subject to necessary approvals. Subsequently the said proposal is being reviewed in Parent company’s Board meeting held on 9th August, 2024. 7. In respect of the consolidated financial results, figures for the quarter ended 31st March, 2024 are the balancing figures between audited figures of the financial year ended 31st March, 2024 and published unaudited figures for nine months ended 31st December, 2023. By Order of the Board Executive Chairman Hemant Bangur Place: Kolkata Dated: 9th August, 2024 Other Expenses 362685000.00 Cables 23725000.00 Jute Goods 1335324000.00 1359049000.00 0.00 1359049000.00 Cables -56341000.00 Jute Goods 10532000.00 -45809000.00 35891000.00 -6817000.00 -74883000.00 Cables 2958600000.00 Jute Goods 10939649000.00 13898249000.00 1387327000.00 15285576000.00 Cables 320957000.00 Jute Goods 3198879000.00 3519836000.00 718330000.00 4238166000.00 Re-measurement of post-employment benefit obligations 199000.00 Changes in the fair value of equity instruments at FVOCI 31156000.00 31355000.00 1234000.00 0.00