Garlon Polyfab Industries Ltd Reports Financial Results and Balance Sheet Details for Period Ended March 2025
Garlon Polyfab Industries Limited has released its financial results and standalone statements of assets and liabilities for the quarter and year ended March 2025. The company’s performance metrics, including profit and loss from continuing operations, alongside a detailed view of its balance sheet, were disclosed in the quarterly report.The financial summary reflects various operational components, with key figures presented across different accounting standards. Net sales figure for the quarter was reported at ₹1,376.33 million (in lacs). The company’s profit or loss from continuing operations for the period stood at (₹1.22) million, as per calculations based on Ind AS and other recognized accounting practices.
A breakdown of the financial results includes:
- Gross Profit/Loss from Continuing Operations: (₹61.00) million
- Profit or Loss from Continuing Operations (per period): (₹1.22) million
- Comprehensive Income: Not specified for share capital calculation but noted as '-'.
Key elements of the balance sheet, presented in millions of lacs, detail the company’s financial position at the end of March 2025 compared to the previous year.
Balance Sheet Highlights (Figures in Lacs)
The consolidated view shows a specific structure for assets and liabilities:| Particulars | Ended 31/03/2025 | Previous Year ended 31/03/2024 |
|---|---|---|
| Assets | ||
| Goodwill on consolidation | 5.76 | 5.76 |
| Long term loans and assets | 5.76 | 5.76 |
| Inventories | 0.54 | - |
| Trade receivables equivalents | - | 1.00 |
| Other current assets | 6.30 | 5.98 |
| Total Assets | 461.32 | 461.32 |
| Liabilities and Equity | ||
| Share Capital Surplus | -204.75 | - |
| Reserves and Shareholders Fund | - | - |
| Long term Liabilities (Sub Total) | 196.76 | 196.76 |
| Current Liabilities (Sub Total) | 3.85 | 3.85 |
| Trade payables | - | 6.77 |
| Other current liabilities | 207.49 | 5.98 |
The company's financial statements were reviewed by Chartered Accountants D.C. Shukla & Co., and the results are reported as un-audited. The documents have been prepared in compliance with Ind AS, which the Company adopted starting from April 1, 2017.
Stock Price Movement
At 15:15, Garlon Polyfab Industries Ltd shares are edging higher at ₹3.31, reflecting a significant jump of 19.93%. Crucially, the stock is currently trading completely flat as its intraday high and low have been 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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