Garlon Polyfab reports Q1FY26 loss of ₹0.67 lakh with zero income
Garlon Polyfab Industries Limited posted a net loss of ₹0.67 lakh for Q1FY26 with zero operational income. Expenses for the quarter totaled ₹0.67 lakh, mainly from employee costs. The statutory auditors reviewed the results, which were approved by the Board on August 14, 2025.
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Garlon Polyfab Industries Limited reported a net loss of ₹0.67 lakh for the quarter ended June 30, 2025, as the company recorded zero income from operations. The total expenses for Q1FY26 amounted to ₹0.67 lakh, consisting of employee benefits expense of ₹0.36 lakh and other expenses of ₹0.31 lakh. The company reported no revenue, material consumption, or finance costs during the period.
The unaudited financial results were reviewed by the statutory auditors, D.C. Shukla & Co., Chartered Accountants, in accordance with the Standard on Review Engagement (SRE) 2410. The auditors stated that nothing came to their attention to suggest the results were not prepared in accordance with Ind AS. The Board of Directors approved the results at a meeting held on August 14, 2025.
For the year ended March 31, 2025, the company reported a net loss of ₹3.24 lakh on zero income, with total expenses of ₹3.24 lakh. The paid-up equity share capital remained constant at ₹461.32 lakh across all reported periods. The Basic and Diluted Earnings Per Share (EPS) for Q1FY26 stood at -0.0015.
Financial Performance Summary
| Particulars | Quarter Ended 30-06-2025 (Unaudited) | Year Ended 31-03-2025 (Audited) |
|---|---|---|
| Income From Operations | 0.00 | 0.00 |
| Total Expenses | 0.67 | 3.24 |
| Net Profit/(Loss) | -0.67 | -3.24 |
| Basic EPS | -0.0015 | -0.007 |
The company noted that it has adopted Ind AS for the financial year commencing from April 1, 2017. Comparative figures for the quarter ended June 2025 were furnished by the management and were not reviewed by the auditors. Provisions for income tax and deferred tax will be made at the end of the financial year.
What strategic initiatives is the company pursuing to resume income from operations in the upcoming quarters?
Given the consistent zero revenue, how does the company plan to sustain its paid-up equity share capital and cover future expenses?
Are there any pending business deals or contracts expected to materialize that could reverse the trend of operational stagnation?
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