Garlon Polyfab Industries Limited
Nature of Disclosure: Regulatory filing of unaudited financial results for the quarter ended December 31, 2019, as required under SEBI Listing Regulations 33(3)(a).
Financial Performance Overview:
- The company reported zero operational income across all categories for both the quarter and nine-month period ended December 31, 2019
- Total income from operations: ₹0.00 lakh for all periods presented
- Other income: ₹0.00 lakh for all periods presented
Expense Breakdown (Quarter Ended Dec 31, 2019):
- Employee benefits expense: ₹0.50 lakh
- Other expenses: ₹0.19 lakh
- Total expenses: ₹0.69 lakh
Profit/Loss Position:
- Net loss for Q3 FY20: ₹(0.19) lakh
- Net loss for nine months ended Dec 31, 2019: ₹(1.54) lakh
- Net loss for year ended Mar 31, 2019 (audited): ₹(2.34) lakh
Capital Structure:
- Paid-up equity share capital: ₹461.32 lakh (unchanged across all periods)
- Face value per share: ₹10
- Reserves (excluding revaluation reserve): Not quantified in current period
Earnings Per Share:
- Basic and diluted EPS: ₹(0.00) for all periods presented (not annualized)
Accounting Standards and Review:
- Financial results prepared in compliance with Indian Accounting Standards (Ind AS)
- Limited review conducted by P.D. Agarwal & Co., Chartered Accountants
- Review conducted under Standard on Review Engagement (SRE) 2410
- Auditors note they did not review comparative figures including reconciliation to Total Comprehensive Income
Board Approval:
- Financial results approved by Board of Directors at meeting held on February 14, 2020
Regulatory Compliance:
- Filed pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Submitted to BSE Limited compliance department
Notes:
- Previous period/year figures have been regrouped/reclassified for comparability
- The company adopted Ind AS for financial year commencing from April 1, 2017
- All amounts presented in lakhs of Indian Rupees