Garlon Polyfab Industries Limited submitted its unaudited financial results for the quarter ended June 30, 2022 (Q1 FY23) to BSE Limited as required under Regulation 33(3)(a) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The Board of Directors approved these results at their meeting held on August 08, 2022, which commenced at 4:00 PM and concluded at 5:00 PM. The results were reviewed by the Audit Committee and the limited review was carried out by the statutory auditors as required under Clause 33 of SEBI LODR Regulations.
Financial Results Highlights
Income Statement (Amounts in ₹ Lakhs):
- Income From Operations: ₹0.00 (Quarter Ended June 30, 2022)
- Other Income: ₹0.00
- Total Income from operations: ₹0.00
- Expenses: ₹0.03
- Depreciation and amortisation expense: ₹0.36 (consistent with previous periods)
- Other expenses: Not specified
- Profit/(Loss) before exceptional items and tax: ₹0.39
- Exceptional Items: (₹0.39)
- Net Profit/(Loss) before tax: ₹0.00
- Tax Expense: ₹0.00
- Net profit/(Loss) for the period: (₹0.39)
- Earnings Per Share (EPS):
- Basic: (₹0.00)
- Diluted: (₹0.00)
Comparative Figures:
- Previous quarter (March 31, 2022): Net loss of ₹1.05 lakh
- Same quarter previous year (June 30, 2021): Net loss of ₹0.37 lakh
- Full year ended March 31, 2022: Net loss of ₹2.28 lakh
Capital Structure:
- Paid up equity share capital: ₹461.32 lakh (Face Value of ₹10 per share)
- Reserves: Not specified in current period
Additional Information
The financial results were prepared in accordance with Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013.
Provision for Income Tax and Deferred Tax, if any, will be made at the end of the year.
Figures of the previous period quarter have been regrouped wherever necessary.