Garlon Polyfab Industries Limited reported a net loss of ₹31,964 for the quarter ended June 30, 2017, as the company continued to navigate a period of financial transition. The loss for the quarter ended June 30, 2017, compares to a net loss of ₹1,05,721 in the corresponding quarter of the previous year. The company's total expenses for the quarter amounted to ₹31,964, with employee benefits expense at ₹5,000 and other expenses at ₹26,964.

The Board of Directors approved the unaudited financial results at its meeting held on July 29, 2017. The meeting commenced at 04:00 P.M. and concluded at 05:00 P.M. The results were reviewed by the Audit Committee and are subject to a limited review by the statutory auditors in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

A significant development during this period was the company's adoption of the Indian Accounting Standards (Ind AS) with effect from April 1, 2017, using a transition date of April 1, 2016. Consequently, the results for the quarter ended June 30, 2016, have been restated to comply with Ind AS. The financial statement notes that Ind AS compliant results for the preceding quarter and the previous year ended March 31, 2017, are not mandatory as per a SEBI circular dated July 5, 2016, and are therefore not included.

The paid-up equity share capital of the company remained unchanged at ₹4,61,32,000, with a face value of ₹10 per share. The company reported a basic Earnings Per Share (EPS) of (0.85) for the quarter ended March 31, 2017, and (0.91) for the year ended March 31, 2017. No EPS was provided for the current quarter in the filing.

Financial Results for the Quarter Ended June 30, 2017

The filing confirms that provisions for income tax and deferred tax will be determined and made at the end of the financial year. Figures for the previous period have been regrouped where necessary to ensure comparability.

Garlon Polyfab Industries Limited reported a net loss of ₹0.61 lakh for the quarter ended December 31, 2024, with no income from operations recorded during the period. The Board of Directors approved the unaudited financial results for Q3FY25 at a meeting held on February 14, 2025.

The company's financial statement shows zero income from operations and other income for the quarter. Total expenses were reported at -₹0.61 lakh, primarily driven by finance costs of ₹0.25 lakh and other expenses amounting to ₹0.61 lakh. Changes in inventories of finished goods and work-in-progress stood at ₹0.36 lakh.

For the nine months ended December 31, 2024, the company recorded a net loss of ₹1.75 lakh. Finance costs for the nine-month period aggregated to ₹0.67 lakh, while other expenses totaled ₹1.75 lakh. The paid-up equity share capital remained unchanged at ₹4.61 lakh.

The Basic Earnings Per Share (EPS) for the quarter ended December 31, 2024, was reported at (0.13). For the nine months ended December 31, 2024, the EPS stood at (0.00). The comparative figures for the previous year were not reviewed by the auditors.

D.C. Shukla & Co., Chartered Accountants, conducted a limited review of the standalone financial results. The auditors noted that the comparative figures, including reconciliation to the Total Comprehensive Income, were furnished by the management and not reviewed by them.