Garlon Polyfab Industries Ltd Announces Unaudited Financial Results for Quarter Ended June 2024
Garlon Polyfab Industries Limited has released its unaudited financial results for the quarter ended June, 2024. These results are presented along with a limited review report conducted by chartered accountants.The statement of the company's finances was reviewed in accordance with the Standard on Review Engagement (SRE) 2410. The management is responsible for the Statement and has approved it, ensuring that accounting policies are consistent with those used in the preparation of the opening unaudited Balance Sheet as at April 01, 2024.
The independent review concluded that nothing had come to the attention of the auditors that suggested the statement was not prepared in all material respects in accordance with Ind AS and other recognized accounting practices and policies, nor that it contained any material misstatement.
Key details regarding the company's financial position for the quarter include:
| Financial Component | Value (lacs) |
|---|---|
| Tax and Deferred Tax | 425 |
| Non-Current Income | As per statement |
The management of Garlon Polyfab Industries Ltd has confirmed that the company adopted Ind AS for financial year commencing from April 1, 2017. The review process involved inquiries of company personnel and analytical procedures applied to the financial data.
Stock Price Movement
Garlon Polyfab Industries Ltd is ticking up, showing a solid gain of 19.93% and trading at ₹3.31 as of 15:15. However, the shares are currently trading completely flat for the day, with both the high and low locked in at the current price of ₹3.31.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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