Garlon Polyfab Industries Limited has appointed Ms. Snehlata Tripathi as an Additional Director designated as Non-executive Director, effective July 7, 2026. The Board of Directors approved the appointment during its meeting held on Tuesday. Ms. Tripathi will hold the position until the date of the ensuing Annual General Meeting or the last date on which the Annual General Meeting should have been held, whichever is earlier. She is eligible for appointment as a Director by the members of the Company.

Ms. Snehlata Tripathi is an MBA (Finance) graduate with expertise in financial management, budgeting, financial analysis, taxation, and corporate finance. She possesses strong analytical and decision-making skills, enabling her to provide effective financial solutions and contribute to the strategic growth and success of an organization. The disclosure confirms she is not related to any of the Directors of the Company and is not debarred from holding the office of Director by any SEBI order or other authority.

The Board meeting commenced at 05:00 P.M. and concluded at 05:30 P.M. The intimation was submitted to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Details

Garlon Polyfab Industries Limited returned to profitability in the quarter ended March 31, 2026, reporting a net profit of ₹2.49 lakh. This marks a significant turnaround from the net loss of ₹1.50 lakh recorded in the corresponding quarter of the previous year. For the full financial year FY26, the company posted a net profit of ₹0.12 lakh, compared to a net loss of ₹3.24 lakh in FY25.

The Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, at its meeting held on May 30, 2026. The filing was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditor, P. D. Agrawal & Co., provided an unmodified opinion on the financial results.

Total income for the quarter stood at ₹3.85 lakh, driven entirely by other income as income from operations remained nil. Total expenses for the quarter decreased to ₹1.36 lakh from ₹1.50 lakh in the prior year, primarily due to lower other expenses. Employee benefits expense remained consistent at ₹0.36 lakh.

The company's earnings per share (EPS) for the quarter improved to ₹0.0054 from a negative ₹0.0033 in the same period last year. For the full year, basic and diluted EPS were reported at ₹0.0003, recovering from a loss of ₹0.007 per share in FY25.

Financial Performance Summary

Balance Sheet Highlights

As of March 31, 2026, the company's total assets stood at ₹6.25 lakh, a marginal decrease from ₹6.30 lakh in the previous year. Shareholders' funds were negative at ₹204.63 lakh, slightly improving from a negative ₹204.75 lakh in FY25. Current liabilities increased to ₹210.88 lakh from ₹211.05 lakh, driven largely by short-term borrowings which rose to ₹201.98 lakh from ₹199.10 lakh.

Cash and cash equivalents decreased to ₹0.49 lakh from ₹0.54 lakh at the end of the previous fiscal year. The cash flow statement for FY26 revealed a net decrease in cash and cash equivalents of ₹48.43 hundred, primarily due to cash outflows from operating activities, which were offset by proceeds from borrowings.