Garlon Polyfab Industries Releases Financial Results for Q Ended March 31, 2025; Audit Confirms Unmodified Opinion
Garlon Polyfab Industries Limited has published its Audited Financial Results and associated reports for the Quarter ended March 31, 2025. The company's Board of Directors considered and approved these results during a meeting held on May 29, 2025.The financial statements were audited by M/s D.C. Shukla & Co., Statutory Auditors. The audit reports confirm an unmodified opinion regarding the Standalone Financial Results for the period ended March 31, 2025. The company also provided results for the unaudited standalone financials of the subsequent quarter ending March 31, 2025.
Financial Snapshot and Balance Sheet Highlights
The company's financial status reflects changes in both asset base and equity over the reviewed period. A review of the Standalone Statement of Assets and Liabilities shows the following key data points:| Particulars | Current Year Ended (March 31, 2025) (In Lacs) | Previous Year Ended (March 31, 2024) (In Lacs) |
|---|---|---|
| Total Assets | 0.54 6.30 | 0.22 5.98 |
| Shareholders' Fund | -204.75 | -201.51 |
| Total Equity and Liabilities | 6.30 | 1.01 |
The balance sheet details indicate that while total assets saw an increase, the company recorded a negative shareholders fund in the current year.
Operating Performance Review
Regarding operational performance for the period ending March 31, 2025, the Cash Flow Statement data shows the following:| Financial Metric | Value (Lacs) |
|---|---|
| Profit Before Tax & Extraordinary Items | (3,249.57) |
The company's Board of Directors confirmed responsibility for the preparation and presentation of the statement to give a true and fair view in accordance with Indian Accounting Standards (Ind AS 34). The statements are prepared based on the standalone annual financial statements.
Stock Price Movement
Jolly Plastic Industries Ltd settled at ₹36.05 on Tuesday following the market close, registering a 1.93% decline from the previous close. The shares traded completely flat for the entire day, locking into the intraday range of ₹36.05.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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