Garlon Polyfab Industries Ltd Reports Unaudited Financial Results for Quarter Ended June 30, 2022
Garlon Polyfab Industries Ltd has released its unaudited financial results for the quarter ended June 30, 2022. The company reported a net loss from continuing operations during this period.The performance metrics and financial summaries across the periods included in the report are detailed below:
| Financial Metric | Quarter Ended June 30, 2022 (Unaudited) | Quarter Ended June 30, 2021 | Year Ended March 31, 2022 (Audited) |
|---|---|---|---|
| Income from Operations | 2 Lacs | 3 Lacs | |
| Total Expenses | 4 Lacs | 1 Lacs | 0.84 Lacs |
| Profit (Loss) before tax | (0.39) Lacs | (1.05) Lacs | (2.28) Lacs |
| Net profit/(Loss) from continuing operations | (0.39) Lacs | (1.05) Lacs | (2.28) Lacs |
| Paid up equity share capital | 461.32 Lacs | 4613 Lacs | 461.32 Lacs |
| Earnings Per Share (EPS) | (0.00) | (0.00) | (0.00) |
Key financial highlights include the Profit (Loss) before exceptional items and extraordinary items, which stood at (0.39) Lacs for the quarter ended June 30, 2022, compared to (1.05) Lacs in the corresponding period of 2021 and (2.28) Lacs for the year ended March 31, 2022.
The statement reflects the company’s financial status as of June 30, 2022. The results were approved by the Board of Directors during their meeting held on August 08, 2022.
Management noted that the statements were prepared in accordance with prescribed accounting standards and recognized accounting practices. The company also stated that provision for Income Tax and Deferred Tax will be made at the end of the financial year.
Stock Price Movement
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