Garlon Polyfab Industries Limited reported a net profit of ₹8.77 lakh for the quarter ended March 31, 2019, reversing the net loss of ₹1.12 lakh recorded in the same period of the previous year. The company's financial performance for the quarter was primarily driven by other income, which totaled ₹13.10 lakh, as income from operations remained nil. Total expenses for the quarter were reported at ₹4.33 lakh, resulting in a profit before exceptional items of ₹8.77 lakh. The Board of Directors approved the audited financial results at a meeting held on May 15, 2019.

For the full year ended March 31, 2019, Garlon Polyfab Industries Limited reported a net loss of ₹2.34 lakh, widening from the net loss of ₹1.94 lakh in the previous year. Total income for the year stood at ₹13.10 lakh, while total expenses increased to ₹15.44 lakh. The company's paid-up equity share capital remained constant at ₹461.32 lakh during the period. The earnings per share (EPS) on a basic and diluted basis for the quarter was ₹0.15 and ₹0.19 respectively, compared to a loss of ₹0.02 per share in the prior year.

The statutory auditors, P. D. Agrawal & Co., provided an unmodified opinion on the quarterly and year-to-date financial results. The audit was conducted in accordance with the auditing standards generally accepted in India and the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were prepared in compliance with Indian Accounting Standards (Ind-AS) notified by the Ministry of Corporate Affairs.

The company's balance sheet as of March 31, 2019, showed total assets of ₹6.50 lakh, a decrease from ₹7.40 lakh in the previous year. Shareholders' funds stood at a negative ₹186.08 lakh, compared to a negative ₹170.64 lakh in the prior year. Current liabilities increased to ₹192.58 lakh from ₹178.04 lakh, primarily due to short-term borrowings amounting to ₹188.05 lakh. Cash and cash equivalents decreased to ₹0.74 lakh from ₹1.64 lakh at the end of the previous year.

Financial Results for Q4 and Year Ended March 31, 2019

The cash flow statement for the year ended March 31, 2019, reflected a net decrease in cash and cash equivalents of ₹90,045.71. Cash generated from operations was positive at ₹28,664.55, though net cash flow from operating activities remained negative at ₹1,515,045.71. The company relied heavily on financing activities, which provided a net cash inflow of ₹1,425,000.00 through proceeds from borrowings.

Garlon Polyfab Industries Limited has announced September 17, 2025, as the record date to determine shareholders eligible to participate in the voting process for its Annual General Meeting (AGM) for FY 2024-25. The record date is essential for identifying members entitled to vote via remote e-voting or e-voting during the meeting.

Book Closure Details

In conjunction with the record date, the company will close its register of members and share transfer books. The book closure period is scheduled from September 18, 2025, to September 22, 2025. Shareholders whose names appear on the register as of the record date will be eligible to vote.

The intimation was addressed to the Listing Department of BSE Limited, where the company is listed with the scrip code 514306. The securities involved are fully paid-up equity shares of ₹10 each.

Key Schedule for AGM