Garlon Polyfab Industries Limited reported a net loss of ₹0.96 lakh for the quarter ended September 30, 2025, as total income from operations remained nil. The company's board approved the unaudited standalone financial results for Q2FY25 and the half year ended September 30, 2025, during a meeting held on November 14, 2025.

The statutory auditor, D.C. Shukla & Co., conducted a limited review of the results in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The review confirmed that the financial results were prepared in compliance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS). The company stated that provisions for income tax and deferred tax would be made at the end of the financial year.

Financial Performance

For the quarter ended September 30, 2025, the company recorded a finance cost of ₹0.30 lakh. Profit before exceptional items and tax was reported at ₹0.60 lakh, while exceptional items for the period stood at ₹0.96 lakh. Consequently, the net loss for the quarter was ₹0.96 lakh, widening from a net loss of ₹0.67 lakh in the previous quarter ended June 30, 2025.

The half-year performance reflected a similar trend, with a net loss of ₹1.63 lakh for the six months ended September 30, 2025, compared to a net loss of ₹1.13 lakh in the corresponding period of the previous year. Basic and diluted earnings per share (EPS) remained at -0.00 for the quarter and half-year periods.

Balance Sheet Highlights

The company's balance sheet as of September 30, 2025, showed total assets of ₹6.33 lakh, a marginal increase from ₹6.22 lakh in the previous year. Shareholders' funds stood at a negative ₹206.39 lakh, compared to a negative ₹202.63 lakh in the prior year.

Non-current liabilities increased significantly due to long-term borrowings of ₹200.96 lakh, which were nil in the previous year. Current liabilities decreased to ₹11.76 lakh from ₹208.85 lakh, driven by the repayment of short-term borrowings.

Cash Flow Position

The cash flow statement for the half year ended September 30, 2025, indicated net cash generated from operations of ₹1.65 lakh, compared to ₹0.77 lakh in the previous year. Cash and cash equivalents increased to ₹0.57 lakh as of September 30, 2025, from ₹0.47 lakh in the corresponding period of the previous year.

Garlon Polyfab Industries Limited reported a net loss of ₹470,156.36 for the quarter ended December 31, 2018, as per its unaudited financial results. The company recorded a total expense of ₹470,156.36 for the quarter, primarily driven by other expenses amounting to ₹470,156.36. The Board of Directors approved the results at a meeting held on January 25, 2019.

The company has adopted Indian Accounting Standards (Ind AS) for the financial year commencing from April 1, 2018. Consequently, the financial results for the quarter and nine months ended December 31, 2018, have been prepared in compliance with Ind AS. The comparative figures for the previous periods have been restated to align with the new standards.

For the nine months ended December 31, 2018, Garlon Polyfab Industries Limited reported a net loss of ₹1,110,814.36. Total expenses for this period aggregated to ₹1,110,814, with other expenses accounting for ₹1,110,814. The company's paid-up equity share capital remained unchanged at ₹46,132,000, with a face value of ₹10 per share.

The Basic Earnings Per Share (EPS) for the quarter ended December 31, 2018, was reported at (0.01). The diluted EPS was not disclosed. The statutory auditors conducted a limited review of the standalone financial results for the quarter and nine months ended December 31, 2018, in accordance with the Standard on Review Engagement (SRE) 2410.

Financial Results for Q3FY19

Financial Results for Nine Months Ended FY19