Garlon Polyfab Industries Limited
Board Approval and Timing
The Board of Directors approved the audited financial results at their meeting held on July 11, 2018. The meeting commenced at 04:00 PM and concluded at 05:00 PM.
Financial Position as of March 31, 2018 (Audited)
Assets:
- Total Assets: ₹739,928 (Previous year: ₹764,428)
- Non-Current Assets: ₹575,698 (entirely Long term loans and advances)
- Current Assets: ₹164,230 (entirely Cash and Cash equivalents, down from ₹188,730 previous year)
Equity and Liabilities:
- Share Capital: ₹46,132,000 (unchanged from previous year)
- Reserves and Surplus: ₹(63,196,335) (previous year: ₹(62,998,779))
- Total Shareholders' Fund: ₹(17,064,335) (negative net worth) (previous year: ₹(16,866,779))
- Current Liabilities: ₹17,804,262 (previous year: ₹17,631,207)
- Short term borrowings: ₹17,380,000 (previous year: ₹17,212,000)
- Other current liabilities: ₹46,185 (previous year: ₹60,450)
- Other short term provisions: ₹378,077 (previous year: ₹358,757)
Financial Performance
For the Quarter ended March 31, 2018:
- Total Income: ₹26,964
- Total Expenses: ₹26,964
- Net Loss before tax: ₹(26,964)
- Net Loss for the quarter: ₹(26,964)
- Basic and Diluted EPS: ₹(0.00)
For the Year ended March 31, 2018:
- Total Income: ₹197,556
- Total Expenses: ₹197,556
- Net Loss before tax: ₹(197,556)
- Net Loss for the year: ₹(197,556)
- Basic and Diluted EPS: ₹(0.04)
Additional Information
- Paid up equity share capital: ₹46,132,000 (Face Value of ₹10 per share)
- The financial results have been audited by the Statutory Auditors, P. D. Agrawal & Co., Chartered Accountants
- Auditors issued an unmodified opinion, stating the results give a true and fair view and are presented in accordance with SEBI Listing Regulations
- Previous period figures have been regrouped/reclassified for comparability