Garlon Polyfab Industries Limited reported a net loss of ₹3.79 lakh for the financial year ended March 31, 2021, as operations remained non-functional with nil sales. The loss widened from ₹2.42 lakh in the previous year, while total expenses increased to ₹3.88 lakh from ₹2.42 lakh. The company has not recorded any income from operations for several years, and all incurred expenses were debited to the Profit and Loss Account.

The standalone financial results for the quarter and year ended March 31, 2021, were reviewed by the Audit Committee and approved by the Board on June 29, 2021. The results were audited by M/s P.D. Agrawal and Company, Chartered Accountants, in accordance with Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The auditors confirmed that the results presented a true and fair view of the financial information.

Financial Performance

The financial highlights indicate a deterioration in the bottom line due to ongoing expenses without revenue generation. The basic and diluted earnings per share (EPS) for the year remained negative at ₹-0.005.

Operational and Compliance Status

The Directors' Report stated that the turnover for the year was nil due to the absence of business activity. Despite the suspension of operations, the Board affirmed that it is continuously looking for avenues for future growth. The company is also seeking strategic investors to bring operations back on track. No dividend has been recommended for the year ended March 31, 2021.

The company confirmed that there were no material changes affecting its financial position between the end of the financial year and the date of the report. It does not have any subsidiary, joint venture, or associate companies. The Directors stated that internal financial controls were adequate and operating effectively during the year.

Garlon Polyfab Industries Limited reported a net loss of ₹0.74 lakh for the quarter ended December 31, 2025, as the company continued to record zero income from operations. The Board of Directors approved the unaudited standalone financial results for Q3FY26 at a meeting held on February 13, 2026. The company has not generated any operational revenue during the current or preceding quarters, resulting in a cumulative loss of ₹2.37 lakh for the nine months ended December 31, 2025.

Total expenses for Q3FY26 stood at ₹0.74 lakh, consisting of employee benefits expense of ₹0.36 lakh and other expenses amounting to ₹0.38 lakh. In comparison, the company incurred a total expense of ₹0.96 lakh in the preceding quarter ended September 30, 2025. For the nine-month period, total expenses reached ₹2.37 lakh, an increase from ₹1.75 lakh in the same period of the previous year.

The financial statements were prepared in compliance with the Indian Accounting Standards (Ind AS) notified by the Ministry of Corporate Affairs. P.D. Agrawal & Co., Chartered Accountants, conducted a limited review of the unaudited financial results. The auditors noted that comparative figures for the quarter ended December 2025 were not reviewed and were furnished by the management.

Financial Performance Summary

The paid-up equity share capital of the company remained unchanged at ₹461.32 lakh, with a face value of ₹10 per share. The Basic Earnings Per Share (EPS) for the quarter was reported as (0.00). The results were reviewed by the Audit Committee and subsequently approved by the Board.