Garlon Polyfab Industries Ltd Reports Q3 FY21 Standalone Financial Results
Garlon Polyfab Industries Limited has released its unaudited standalone financial results for the quarter ended September 30, 2021. The company's profitability for the period stood at (048] Lakhs, according to the reported figures.The comprehensive income statement details for various periods are as follows:
| Particular | Quarter Ended 30-09-2021 | Quarter Ended 30-06-2021 | Quarter Ended 30-09-2020 | Half Year Ended 30-09-2021 | Full Year Ended 31-03-2021 |
|---|---|---|---|---|---|
| Profit/(Loss) for the period (XI + XIV) | (048] | (037] | 039 | 10.85] | (3.88] |
In addition, the unaudited financial results show that Total Comprehensive Income Paid up equity share capital stood at 46,132,000.00 for both the quarter ended 30-09-2021 and the quarter ended 30-06-2021.
Balance Sheet Highlights (Q3 FY21 vs Q3 FY20)
The standalone Statement of Assets and Liabilities reflects the company's financial position. The total assets reported for the current year ended September 30, 2021, stood at 6.13 units. This compares to a total asset figure of 7.77 units in the previous year ended September 30, 2020.Key figures from the balance sheet include:
| Particulars | Current Year Ended (30/9/2021) | Previous Year Ended (30/9/2020) |
|---|---|---|
| Total Assets | 6.13 | 7.77 |
| Share Capital | 461.32 | 461.32 |
| Reserves and Surplus | -654.45 | -650.82 |
| Current Liabilities | 199.26 | 197.27 |
The company's current assets totaled 0.37 units, with Cash and Cash equivalents reported at 0.37 units for the quarter ended September 30, 2021.
Stock Price Movement
As of 15:15, Garlon Polyfab Industries Ltd is ticking up slightly at ₹3.31, achieving a notable +19.93% gain. Despite this upward movement, the shares are trading completely flat, having established an intraday high and low identically 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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