Garlon Polyfab Industries Ltd Approves Financial Results for Quarter Ended March 31, 2025
Garlon Polyfab Industries Limited announced that its Board of Directors reviewed and approved the audited financial results for the quarter ended March 31, 2025. The company’s statutory auditors issued an audit report on these results, affirming their compliance with applicable regulations.The Board meeting considered and approved the Audited Financial results of the Company for the Quarter/Period ended March 31, 2025, taking record of the Audit Report issued by M/s D.C. Shukla & Co., the Statutory Auditors.
Auditor's Opinion on Results
M/s D.C. Shukla & Co. confirmed that the financial presentation for the quarter complied with the requirements laid down in Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. The audit report stated that the statements give a true and fair view in conformity with the recognition and measurement principles specified under Indian Accounting Standards (IND-AS 34).Regarding the unaudited standalone financial results for the Quarter ended March 31, 2025, the auditors observed that the statements prepared did not disclose any information required under Regulation 33 of the SEBI Regulations, nor did they contain any material misstatement.
Financial Position Highlights
The Company’s financial statements for the year ending March 31, 2025, reflect specific balances regarding assets and liabilities in lacs. A review of the balance sheet reveals key components across both current and non-current categories.| Particulars | Current Year ended (31/03/2025) (In Lacs) | Previous Year ended (31/03/2024) (In Lacs) |
|---|---|---|
| Total Assets | 0.54 6.30 | 0.22 5.98 |
| Shareholder Fund | -204.75 | -201.51 |
| Total Non-Current Liabilities | -204.75 | -201.51 |
| Current Liabilities | 6.30 | 3.85 |
The Cash Flow Statement for the year ended March 31, 2025, provided details on various operational and investing activities. The statement showed:
- Profit before Tax & Extraordinary Items at (3,249.57) lacs.
- Net Cash Flow from Operating Activities was recorded.
The Board of Directors is responsible for the preparation and presentation of the financial statements, which are mandated to give a true and fair view in accordance with Indian Accounting Standards (IND-AS 34).
Stock Price Movement
As of 15:15, Garlon Polyfab Industries Ltd is ticking up, with shares trading at ₹3.31, marking a strong gain of 19.93%. However, the stock has been trading completely flat throughout the session as both the high and low remain locked at ₹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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