BSEGarlon Polyfab Industries LtdHighNeutral
Announced Fri, 5 Jun · 17:32 IST

Please find attached herewith Financial Results for the quarter ending 31st December 2025

Pat NegativeResults RestatedEmphasis Of MatterResults View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Garlon Polyfab Industries reported its Q3 FY26 (quarter ended 31 December 2025) results showing zero income from operations and zero other income across all reporting periods. The company recorded a net loss of ₹0.74 lakh for the quarter, slightly improved from a loss of ₹0.96 lakh in the previous quarter (Q2 FY26), but wider than a profit of ₹0.61 lakh in the same quarter last year. For the nine months ended December 2025, the loss stood at ₹2.37 lakh compared to ₹1.75 lakh a year ago. The only expenses were minor employee benefits (₹0.36 lakh) and other expenses (₹0.38 lakh), suggesting the company has no active business operations. Basic EPS for the quarter was ₹(0.00) and for nine months was ₹(0.01). The statutory auditor (P.D. Agrawal & Co.) issued a limited review report, drawing attention to Ind AS adoption and unreviewed comparative figures, while noting previous period figures have been restated under Ind AS.

Likely market impact

The company continues to post losses with zero revenue, indicating it is essentially non-operational and relying on its paid-up equity capital of ₹461.32 lakh. Shareholders should view this as a significant red flag — without any income generation, the equity base is slowly eroding through recurring expenses.