Garlon Polyfab Industries Limited

Financial Performance Highlights

Quarter Ended December 31, 2023:

  • Total Income from Operations: ₹0.00
  • Other Expenses: ₹0.70 lakh
  • Finance Cost: ₹0.42 lakh
  • Net Loss before tax: ₹(0.78) lakh
  • Tax Expense: ₹0.00
  • Net Loss for the period: ₹(0.78) lakh
  • Earnings Per Share (Basic): ₹(0.17)
  • Earnings Per Share (Diluted): ₹(0.17)

Nine Months Ended December 31, 2023:

  • Total Income from Operations: ₹0.00
  • Net Loss for the period: ₹(3.17) lakh
  • Earnings Per Share (Basic): ₹(0.34)
  • Earnings Per Share (Diluted): ₹(0.34)

Comparative Figures:

  • Quarter Ended September 30, 2023: Net Loss of ₹(1.45) lakh
  • Quarter Ended December 31, 2022: Net Loss of ₹(0.69) lakh
  • Nine Months Ended December 31, 2022: Net Loss of ₹(1.57) lakh
  • Year Ended March 31, 2023 (Audited): Net Loss of ₹(2.28) lakh

Key Financial Metrics

  • Paid up equity share capital: ₹4.61 lakh (Face Value of ₹10 per share)
  • Reserves: Not quantified in the disclosure
  • Total Comprehensive Income for Q3 FY24: ₹4.61 lakh

Accounting Standards and Review

  • The financial results have been prepared in compliance with Indian Accounting Standards (Ind AS)
  • The company adopted Ind AS for the financial year commencing from April 1, 2017
  • The results have been reviewed by the Audit Committee on February 14, 2024
  • Approved by the Board of Directors on February 14, 2024
  • Statutory auditors P.D. Agarwal & Co. conducted a limited review of the financial results

Additional Notes

  • Previous period figures have been restated as per Ind AS
  • The results show no income from operations for all reported periods
  • No exceptional items or extraordinary items reported
  • No current tax or deferred tax expenses recorded
  • The company reported zero turnover for all periods presented