5423512025-10-012025-12-315423512025-12-315423512025-04-012025-12-315423512025-10-012025-12-31in-capmkt:OtherExpenses1Member5423512025-04-012025-12-31in-capmkt:OtherExpenses1Member5423512025-10-012025-12-31in-capmkt:ReportableSegments1Member5423512025-10-012025-12-31in-capmkt:ReportableSegments2Member5423512025-04-012025-12-31in-capmkt:ReportableSegments1Member5423512025-04-012025-12-31in-capmkt:ReportableSegments2Member5423512025-10-012025-12-31in-capmkt:ReportableSegments1Member5423512025-10-012025-12-31in-capmkt:ReportableSegments2Member5423512025-04-012025-12-31in-capmkt:ReportableSegments1Member5423512025-04-012025-12-31in-capmkt:ReportableSegments2Member5423512025-10-012025-12-31in-capmkt:ReportableSegments1Member5423512025-12-31in-capmkt:ReportableSegments1Member5423512025-10-012025-12-31in-capmkt:ReportableSegments2Member5423512025-12-31in-capmkt:ReportableSegments2Member5423512025-10-012025-12-31in-capmkt:ReportableSegments1Member5423512025-12-31in-capmkt:ReportableSegments1Member5423512025-10-012025-12-31in-capmkt:ReportableSegments2Member5423512025-12-31in-capmkt:ReportableSegments2Member5423512025-10-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15423512025-10-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss25423512025-04-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15423512025-04-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss2iso4217:INRxbrli:pureiso4217:INRxbrli:shares542351GLOSTERLTDNOTLISTEDINE350Z01018GLOSTER LIMITEDMain BoardEquity2025-04-012026-03-312026-02-042026-01-28INRLakhsQuarterlyThird quarterMulti segment2026-02-0411:00:002026-02-0415:00:00Not applicable2025-10-012025-12-31UnauditedConsolidated38258870002527000038511570002095217000396408000-20387200041352500020252500015166900075603500038115070003965000003965000057361000-10274000470870000-74370000000-7437000-5889000-13326000000010943300010-0.68-0.6800-0.68-0.68000Notes: <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 4th February, 2026. <BR> 3. The Statutory Auditors of the Holding Company have carried out a 'Limited Review' of the consolidated financial results for the quarter and nine months ended 31st December, 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 Tribunal (NCLT), vide its order dated 27 September 2019, held that the trademark “Gloster” (included in the carrying value of trademarks as at 31 December 2025 amounting to Rs. 1,123.63 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 25 January 2024.Subsequently, the Hon’ble Supreme Court of India, vide its order dated 22 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.The Subsidiary and the Holding Company are taking necessary legal recourse in the matter. Accordingly, no adjustment in the financial results has been considered necessary in this regard. <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 transferee company at its Board Meeting held on 12th November, 2025. <BR> 8. The Government of India has consolidated 29 existing labour legislations into a united framework comprising four Labour Code viz Code on wages 2019, Code on Social Security 2020, Industrial Relation Code 2020, and Occupational Safety, Health and Working Condition Code 2020 (collectively referred to as the New Labour Codes). These Codes have been made effective from 21st November, 2025. The corresponding all supporting rules under these codes are yet to be notified. The Holding Company and its subsidiaries has reviewed the the impact of the New Labour Code for its own employees based on the best available information and does not envisage any material incremental liability on account of the same. Further, the Goup is in the process of evaluating other possible impacts including for contract workforce and would provide appropriate accounting impact (if any) during the year ended 31st March,2026. <BR> <BR> By Order of the Board <BR> <BR> Hemant Bangur <BR> Executive Chairman <BR> Place: Kolkata <BR> Dated: 04th February, 2026 <BR> 2025-04-012025-12-31AuditedConsolidated104832910001003460001058363700052619260001283010000-36248400011765970005244830004437750002060052000103873590001962780000196278000134110000-3714000096970000099308000000099308000867930001861010000000109433000109.079.07009.079.07000Other Expenses756035000Other Expenses2060052000Jute Goods3179831000Cables and Other Electrical Products646056000Jute Goods7721639000Cables and Other Electrical Products276165200038258870001048329100000382588700010483291000Jute Goods274111000Cables and Other Electrical Products-39981000Jute Goods621163000Cables and Other Electrical Products81719000234130000702882000202525000524483000-8045000-1787900039650000196278000Jute Goods6046729000Cables and Other Electrical Products52860130001133274200061713100011949873000Jute Goods6046729000Cables and Other Electrical Products52860130001133274200061713100011949873000Re-measurement of post-employment benefit obligations-198000Changes in the fair value of equity instruments at FVOCI-6776000-6974000Re-measurement of post-employment benefit obligations63798000Changes in the fair value of equity instruments at FVOCI47691000111489000-10850002469600000-588900086793000