5423512025-07-012025-09-305423512025-09-305423512025-03-315423512025-04-012025-09-305423512025-07-012025-09-30in-capmkt:OtherExpenses1Member5423512025-04-012025-09-30in-capmkt:OtherExpenses1Member5423512025-07-012025-09-30in-capmkt:ReportableSegments1Member5423512025-07-012025-09-30in-capmkt:ReportableSegments2Member5423512025-04-012025-09-30in-capmkt:ReportableSegments1Member5423512025-04-012025-09-30in-capmkt:ReportableSegments2Member5423512025-07-012025-09-30in-capmkt:ReportableSegments1Member5423512025-07-012025-09-30in-capmkt:ReportableSegments2Member5423512025-04-012025-09-30in-capmkt:ReportableSegments1Member5423512025-04-012025-09-30in-capmkt:ReportableSegments2Member5423512025-07-012025-09-30in-capmkt:ReportableSegments1Member5423512025-09-30in-capmkt:ReportableSegments1Member5423512025-07-012025-09-30in-capmkt:ReportableSegments2Member5423512025-09-30in-capmkt:ReportableSegments2Member5423512025-07-012025-09-30in-capmkt:ReportableSegments1Member5423512025-09-30in-capmkt:ReportableSegments1Member5423512025-07-012025-09-30in-capmkt:ReportableSegments2Member5423512025-09-30in-capmkt:ReportableSegments2Member5423512025-07-012025-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15423512025-07-012025-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss25423512025-04-012025-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15423512025-04-012025-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss2iso4217:INRiso4217:INRxbrli:shares542351GLOSTERLTDNOTLISTEDINE350Z01018GLOSTER LIMITEDMain BoardEquity2025-04-012026-03-312025-11-122025-11-04INRLakhsQuarterlySecond quarterMulti segment2025-11-1213:00:002025-11-1215:35:00trueCash Flow IndirectNot applicable2025-07-012025-09-30UnauditedConsolidated36010810002182800036229090001658974000459428000-1057040004079740001635430001496030007851840003519002000103907000010390700043409000-1623000027179000076728000000076728000658240001425520000000109433000107.017.01007.017.01Notes : <BR> <BR> 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"). <BR> 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 12th November, 2025. <BR> 3. The Statutory Auditors of the Holding Company have carried out a 'Limited Review' of the consolidated financial results for the quarter and half-year ended 30th September, 2025, in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. <BR> 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. <BR> 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 September 2025 - Rs. 1,140.27 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. After further hearings, the Hon'ble Supreme Court of India vide Order dated 8th October 2025 concluded that arguments in the matter are over and Judgement is reserved. Accordingly, no adjustments to the financial results have been considered necessary in this regard. <BR> <BR> 6. "The predecessor Statutory Auditors of the Holding Company have issued a modified conclusion vide their report dated August 8, 2025 on Consolidated Financial Results of the Group for the quarter ended June 30, 2025. This modified conclusion pertains to the difference in view on the basis of revenue recognition adopted by the material subsidiary in relation to a contract with a customer which in view of the predecessor auditor, the material subsidiary is only arranging for those goods and services to be provided by the vendors to the customer and is accordingly not acting as a ‘Principal’ and should have recognised revenue on a net basis under the principles of Ind AS 115, Revenue from contracts with customers. <BR> <BR> Subsequently, the Board of Directors of the Holding Company and its material subsidiary has taken opinion of independent accounting experts who have affirmed that the material subsidiary is acting as a ‘Principal’ for both goods and services in respect of the aforesaid contract with customer as per the relevant provisions of Ind AS 115. In view of the above, revenue in respect of the aforesaid contract for both goods and services continues to be recognised on gross basis which in the opinion of the management is in compliance with the applicable accounting standards." <BR> <BR> 7. The Board of Directors of Gloster Limited (Transferee Company) had at its meeting held on 13th November, 2024, approved the Scheme of amalgamation of Gloster Lifestyle Limited and Gloster Specialities Limited (Transferor Companies) both wholly owned subsidiaries of the Transferee Company with the Transfee Company, subject to necessary approvals. Subsequently modified scheme of amalgamation was approved by the tranferee company at its Board Meeting held on 12th November, 2025. <BR> <BR> By Order of the Board <BR> <BR> Hemant Bangur <BR> Executive Chairman <BR> <BR> Place: Kolkata <BR> Dated: 12th November, 2025 <BR> 2025-04-012025-09-30UnauditedConsolidated66574040007507600067324800003166709000886602000-15861200076307200032195800029210600013040170006575852000156628000015662800076749000-268660004988300001067450000000106745000926820001994270000000109433000109.759.75009.759.75Other Expenses785184000Other Expenses1304017000932357000098699400012859500015415510005561540002753000001138591000001247050001263296000123040002499540001406517100034010480002405700022702990004120500010031600019051600058261400032090070001119630001266300000798831800000220534890001094330001070551500010814948000010814948000371273200000010290200038156340008719000062946500006871050005219394000370508500035917300065473900010139120003822850005101282000749880000487870001191980006019147000001123854100022053489000Jute Goods2610865000Cables & Other Electricals Products990216000Jute Goods4541808000Cables & Other Electricals Products2115596000360108100066574040000036010810006657404000Jute Goods221753000Cables & Other Electricals Products42444000Jute Goods347052000Cables & Other Electricals Products121700000264197000468752000163543000321958000-3253000-9834000103907000156628000Jute Goods13625365000Cables & Other Electricals Products725317200020878537000117495200022053489000Jute Goods5438346000Cables & Other Electricals Products51707300001060907600062946500011238541000321958000-3244020000000-149342400000000245942000292106000002669800000-753900003719700004529000011399000000-959930000-803302000000385230000-8418250000000000015430008411640003267200010500000000000000-746250000-32000000000003105200000-5410220000000000018065300006333100002177540003074430000-194050001198597000-1842500000-18425000022545500041205000Re-measurements of post-employment benefit obligations64149000Changes in the fair value of equity instruments at FVOCI2123700085386000Re-measurements of post-employment benefit obligations63996000Changes in the fair value of equity instruments at FVOCI544670001184630001956200025781000006582400092682000