FY26 Results: Small Profit of Rs 0.12L; Equity Deeply Negative at Rs -204L

Garlon Polyfab Industries reported FY26 revenue of Rs 3.85L, entirely from other income, with net profit of Rs 0.12L against a loss of Rs 3.24L last year. Q4 FY26 profit was Rs 2.49L vs loss of Rs 0.74L YoY. The balance sheet, however, is weak: shareholders equity is negative at Rs -204.63L with accumulated losses of Rs 665.95L, while total assets stand at just Rs 6.25L. Operating cash flow stayed negative for the second straight year. Short-term borrowings of Rs 201.98L dominate liabilities. Auditor issued an unmodified opinion; prior period figures were restated under Ind AS.