Garlon Polyfab Industries Limited submitted its unaudited financial results for the quarter ended June 30, 2021, 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 14, 2021, which commenced at 04:00 PM and concluded at 05:00 PM.

Financial Performance (Quarter Ended June 30, 2021)

  • Income from Operations: ₹0.00
  • Other Income: ₹0.09 lakh
  • Total Income: ₹0.09 lakh
  • Employee Benefits Expense: ₹0.36 lakh
  • Other Expenses: ₹0.01 lakh
  • Total Expenses: ₹0.37 lakh
  • Profit/(Loss) before tax: (₹0.37) lakh
  • Net Profit/(Loss) for the period: (₹0.37) lakh
  • Paid-up Equity Share Capital: ₹461.32 lakh (Face Value ₹10 per share)
  • Earnings Per Share (Basic): (₹0.00)
  • Earnings Per Share (Diluted): (₹0.00)

Comparative Figures

Quarter Ended June 30, 2020:

  • Net Loss: (₹0.62) lakh

Year Ended March 31, 2021 (Audited):

  • Net Loss: (₹3.79) lakh

Audit and Review

P.In. Agarwal & Co., Chartered Accountants (Firm Registration No. 001049C), conducted a limited review of the unaudited financial results as required by Regulation 33 of SEBI Listing Regulations. Their review report, dated August 14, 2021, states that nothing has come to their attention causing them to believe the statement contains material misstatements or is not prepared in accordance with Ind AS.

Notes to Financial Results

1. The results were reviewed by the Audit Committee and approved by the Board of Directors on August 14, 2021.

2. The statement has been prepared in accordance with Companies (Indian Accounting Standards) Rules, 2015 (Ind AS).

3. The limited review was carried out by statutory auditors as required by SEBI Listing Regulations.

4. Provision for Income Tax and Deferred Tax, if any, will be made at the year-end.

5. Figures of the previous period/quarter have been regrouped wherever necessary.

The information has been made available on the company's website at https://www.garlonpolyfabindustriesitd.com.