Please find attached herewith Financial Results for the Quarter ending 31st December 2024
Awaiting price reaction for this filing.
Garlon Polyfab Industries Ltd submitted its unaudited financial results for Q3 FY25 (quarter ended December 31, 2024) along with a Limited Review Report from auditor D.C. Shukla & Co. Revenue from operations for the quarter stood at Rs. 2.61 lakhs, down sharply from Rs. 4.51 lakhs in the preceding quarter (Q2 FY25). Year-on-year, Q3 revenue grew from Rs. 0.78 lakhs in Q3 FY24. For the nine months ended December 2024, revenue rose to Rs. 7.90 lakhs from Rs. 2.78 lakhs in the prior-year period, reflecting very strong growth. Net profit for Q3 FY25 was Rs. 0.61 lakhs versus Rs. 4.51 lakhs in Q2 FY25 and Rs. 0.78 lakhs in Q3 FY24. 9-month PAT came in at Rs. 4.75 lakhs versus Rs. 3.17 lakhs last year. The auditor's review report is clean with no qualifications, though it notes that prior-period comparatives were not independently reviewed by them.
Sharp sequential drop in quarterly revenue and profit may raise concerns about business consistency, despite strong year-on-year and nine-month growth. With extremely small absolute numbers (single-digit lakhs), this remains a micro-cap company with limited liquidity relevance for most retail investors.