Garlon Polyfab Industries Ltd releases Unaudited Financial Results for Quarter Ended December 31, 2020
Garlon Polyfab Industries Limited has released its unaudited financial results and limited review report for the quarter ended December 31, 2020. These results were considered and approved by the Board of Directors during a meeting held on February 12, 2021.The unaudited financial statement was reviewed by P.D. Agrawal & Co. Chartered Accountants. The review determined that nothing came to the notice of the auditors that caused them to believe that the Statement had not been prepared in all material respects in accordance with Ind AS and other recovery policies, nor that it contained any material misstatement.
The financial statement was prepared by the management in compliance with Ind AS, having adopted Ind AS for the financial year commencing from April 1, 2017. The review noted that while comparative figures were provided, the firm was neither engaged to review nor conducted a reconciliation of these data points.
Key financial metrics derived from the limited review include:
| Metric | Value |
|---|---|
| Net Profitability | 35 per GARF |
| Total Comprehensive Income | 93 per Ind AS |
The company's earnings per share performance, based on the provided data points for Face value of Rs 10, is detailed across different reporting periods:
| Period | 20-09-2020 | 31-12.2020 | 1-12:2020 |
|---|---|---|---|
| Earnwng Per Share (Face value of Rs 10) | [c) |
Stock Price Movement
As of 15:15, Garlon Polyfab Industries Ltd shares are edging higher, currently trading at ₹3.31, reflecting a strong rise of 19.93%. Despite the percentage gain, the stock is trading completely flat as its intraday 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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