Garlon Polyfab Industries Releases Unaudited Financial Results and Limited Review Report for Quarter Ended December 2022
Garlon Polyfab Industries Ltd has made available its unaudited financial results for the quarter ended December 31, 2022, along with a Limited Review Report. The Board of Directors considered and approved these results during a meeting held on February 10, 2023.The Limited Review Report was conducted by P.D. Agrawal & Co., Chartered Accountants, in accordance with the Standard on Review Engagement (SRE) 2410. This review provides moderate assurance regarding the financial statements.
According to the report, nothing came to the attention of the reviewers that would lead them to believe that the Statement had not been prepared in all material respects in accordance with Ind AS and other recognized accounting practices, nor that it contained any material misstatement.
The companies management is responsible for ensuring the consistency of the accounting policies used in preparing this Statement with those used in the opening unaudited Balance Sheet as at October 01, 2022.
Key aspects noted during the review include:
- Accounting Standards: The Company has adopted Ind AS for the financial year commencing from April 1, 2017.
- Comparative Figures: The Chartered Accountants did not review the comparative figures or reconciliation to the Total Comprehensive Income for the quarter ended December 2022, as these figures were furnished by the Management.
The details of the unaudited financial results and the Limited Review Report are provided below:
| Metric | Detail |
|---|---|
| Company | Garlon Polyfab Industries Ltd |
| Reporting Period | Quarter ended December 31, 2022 |
| Approval Date | February 10, 2023 |
| Type of Report | Unaudited Financial Results with Limited Review Report |
| Auditor/Reviewer | P.D. Agrawal & Co., Chartered Accountants |
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