Garlon Polyfab Industries Limited
Financial Performance (Profit & Loss)
For the quarter ended March 31, 2018 (Unaudited):
- Total Income from operations: ₹111,664
- Total Expenses: ₹111,664
- Net Profit/(Loss) before tax: (₹111,664)
- Tax Expense: ₹0
- Net Profit/(Loss) for the period: (₹111,664)
- Earnings Per Share (EPS) - Basic: (₹0.02)
- Earnings Per Share (EPS) - Diluted: (₹0.02)
For the full year ended March 31, 2018 (Audited):
- Total Income from operations: ₹446,851
- Total Expenses: ₹446,851
- Net Profit/(Loss) before tax: (₹3,898,998)
- Tax Expense: ₹0
- Net Profit/(Loss) for the period: (₹3,898,998)
- Earnings Per Share (EPS) - Basic: (₹0.85)
- Earnings Per Share (EPS) - Diluted: (₹0.85)
Financial Position (Balance Sheet) as at March 31, 2018
Assets:
- Total Assets: ₹739,928
- Non-Current Assets: ₹575,698 (comprising entirely of Long Term Loans and Advances)
- Current Assets: ₹164,230 (comprising entirely of Cash and Cash Equivalents)
Equity and Liabilities:
- Total Equity and Liabilities: ₹739,928
- Shareholders' Fund: (₹17,064,335)
- Share Capital: ₹46,132,000 (Face Value of ₹10 per share)
- Reserves and Surplus: (₹63,196,335)
- Non-Current Liabilities: ₹0
- Current Liabilities: ₹17,804,262
- Short Term Borrowings: ₹17,330,000
- Other Current Liabilities: ₹46,185
- Other Short Term Provisions: ₹378,077
Comparative Figures
Financial figures for the previous period (As at March 31, 2017) are provided for comparison. The document notes that previous period/year figures have been regrouped/reclassified to make them comparable with the current period/year.
Audit and Compliance
- The standalone financial results for the quarter and year ended March 31, 2018, were audited by the Statutory Auditors, P.D. Agrawal & Co. (Firm Registration Number: 001049C).
- The audit was conducted per Regulation 33 of the SEBI (LODR) Regulations, 2015.
- The auditors issued an audit report with an unmodified opinion, stating the results give a true and fair view of the financial information.