BSEGarlon Polyfab Industries LtdMediumNeutral
Announced Sat, 6 Jun · 15:05 IST

Please find attached herewith Financial Results for quarter ending 30.06.2021

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Garlon Polyfab Industries has filed its unaudited quarterly results for the quarter ended 30 June 2021 with BSE, as required under SEBI Regulation 33. The financial statements were reviewed by statutory auditors P.D. Agarwal & Co., who issued an unmodified (clean) Limited Review Report, meaning nothing came to their attention suggesting the numbers are misstated. The report notes that the company adopted Ind AS from 1 April 2017 and that prior period (comparative) figures were not independently reviewed by the auditors. Key balance-sheet items visible include equity share capital of about Rs. 461.33 lakhs and reserves of about Rs. 1,595 lakhs; the income statement figures in the OCR copy are largely unreadable, so specific revenue and profit numbers cannot be reliably quoted.

Likely market impact

For shareholders, the clean auditor review provides basic comfort on the reliability of the reported numbers, but the small/undisclosed scale of operations and tiny EPS suggest this remains a micro-cap with limited visible profitability — investors should look for a cleaner version of the financial table to gauge actual quarterly performance.