Garlon Polyfab Industries Limited

Board Approval Details

The Board of Directors meeting was held on May 29, 2025, commencing at 1:00 PM and concluding at 2:00 PM. The Board inter-alia considered and approved the unaudited financial results for the quarter/period ended March 31, 2025.

Financial Performance Highlights (All figures in ₹ lakhs)

Quarter Ended March 31, 2025 (Unaudited):

  • Income From Operations: ₹0.00
  • Other Income: ₹0.00
  • Total Income: ₹0.00
  • Total Expenses: ₹1.50
  • Employee benefits expense: ₹0.36
  • Depreciation and amortisation expense: ₹0.00
  • Finance Cost: ₹0.00
  • Other expenses: ₹1.14
  • Net Loss before tax: (₹1.50)
  • Tax Expense: ₹0.00
  • Net Loss for the period: (₹1.50)
  • Earnings Per Share (Basic): (₹0.0033)
  • Earnings Per Share (Diluted): (₹0.0033)

Quarter Ended December 31, 2024 (Unaudited):

  • Net Loss: (₹0.61)
  • EPS (Basic): (₹0.0013)

Quarter Ended March 31, 2024 (Unaudited):

  • Net Loss: (₹1.22)
  • EPS (Basic): (₹0.0026)

Year Ended March 31, 2025 (Audited):

  • Net Loss: (₹3.24)
  • EPS (Basic): (₹0.0070)

Year Ended March 31, 2024 (Audited):

  • Net Loss: (₹4.39)

Capital Structure

Paid-up equity share capital (Face Value of ₹10 per share) remained consistent at ₹461.32 lakh across all reported periods (Q4 2025, Q4 2024, FY2025, and FY2024).

Accounting Standards and Compliance

The financial results are prepared in compliance with Indian Accounting Standards (Ind-AS) notified by the Ministry of Corporate Affairs. The results for previous periods have been restated as per Ind AS.

The standalone financial results for the quarter and year ended March 31, 2025 were:

  • Reviewed by the Audit Committee at their meeting held on May 29, 2025
  • Approved by the Board of Directors at its meeting held on May 29, 2025
  • Audited by the Statutory Auditors

Auditor's Review

D.C. Shukla & Co., Chartered Accountants (FRN: 00) conducted a limited review of the unaudited financial results pursuant to Standard on Review Engagement (SRE) 2410. Their report dated May 29, 2025, signed by CA Niteesh ChandritSh (Partner, M. No.: 439437), states that nothing has come to their attention that causes them to believe that the Statement contains any material misstatement.

The auditors drew attention to:

1. The Company has adopted Ind AS for the financial year commencing from April 1, 2017

2. They were not engaged to review the comparative figures including reconciliation to the Total Comprehensive Income for the quarter ended March 2025, which were furnished by Management

Additional Information

The above information is available on the company's website at https://www.garlonpolyfabindustriesltd.com/

Previous period/Year figures have been regrouped/reclassified to make them comparable with those of current period/year.