Garlon Polyfab Industries Limited

Financial Results Overview

Quarter Ended December 31, 2024:

  • Total Income from operations: ₹0.00
  • Total Expenses: ₹0.61 lakh
  • Employee benefits expense: ₹0.36 lakh
  • Other expenses: ₹0.25 lakh
  • All other expense categories (cost of materials, purchases, depreciation, finance cost): ₹0.00
  • Net Loss before tax: ₹(0.61) lakh
  • Tax Expense: ₹0.00
  • Net Loss for the period: ₹(0.61) lakh
  • Total Comprehensive Income: ₹(0.61) lakh

Nine Months Ended December 31, 2024:

  • Total Income from operations: ₹0.00
  • Total Expenses: ₹1.75 lakh
  • Net Loss before tax: ₹(1.75) lakh
  • Net Loss for the period: ₹(1.75) lakh

Comparative Periods:

  • Quarter Ended December 31, 2023: Net Loss of ₹(0.78) lakh
  • Quarter Ended September 30, 2024: Net Loss of ₹(0.51) lakh
  • Nine Months Ended December 31, 2023: Net Loss of ₹(3.17) lakh
  • Year Ended March 31, 2024 (Audited): Net Loss of ₹(4.39) lakh

Key Financial Metrics

  • Paid-up equity share capital: ₹4.61 lakh (Face Value of ₹10 per share)
  • Earnings Per Share (Basic): ₹(0.13) for Q3 FY25
  • Earnings Per Share (Basic): ₹(0.11) for Q2 FY24
  • Earnings Per Share (Basic): ₹(0.00) for Q3 FY23
  • Earnings Per Share (Basic): ₹(0.69) for FY24 (annualized)

Auditor's Limited Review Report

D.C. Shukla & Co., Chartered Accountants conducted a limited review of the financial results. Their report dated February 14, 2025, states:

  • The review was conducted in accordance with Standard on Review Engagement (SRE) 2410
  • Nothing came to their attention that causes them to believe the statement contains material misstatements
  • The company has adopted Ind AS for financial reporting
  • The auditors were not engaged to review comparative figures including reconciliation to Total Comprehensive Income for the quarter ended December 2024
  • Comparative figures were furnished by management

Additional Information

  • The financial results were approved by the Board of Directors at their meeting held on February 14, 2024
  • Previous period/year figures have been regrouped/reclassified for comparability
  • The company reported zero turnover for all periods presented
  • No exceptional items, extraordinary items, or discontinuing operations were reported
  • No tax expenses were incurred in any period