Please find attached herewith Financial Results for quarter ended 31 Dec 2024.
Awaiting price reaction for this filing.
The board of Garlon Polyfab Industries approved the unaudited financial results for Q3 FY25 (quarter and nine months ended December 31, 2024) at a meeting held on February 14, 2025. Statutory auditor D.C. Shukla & Co. issued a Limited Review Report with an unmodified conclusion, stating nothing came to their attention suggesting the results were not prepared in accordance with Ind AS. The auditor drew specific attention to Note 1 (company's Ind AS adoption from FY17) and Note 5 (comparative figures for prior periods were furnished by management and were not reviewed by them). The filing also notes standard Ind AS reclassifications, including actuarial gains/losses on employee defined benefit obligations moved to Other Comprehensive Income. Specific revenue and PAT figures are not clearly readable from the scanned document, but the figures presented appear to be at very small/micro-scale levels.
Routine quarterly results submission with a clean (unmodified) limited review opinion. The auditor's emphasis on unreviewed comparatives is standard practice and not a red flag. No new material concerns for shareholders based on what is discernible from the filing.