Garlon Polyfab Industries Ltd
Please find attached herewith financial results for quarter ending 30th June 2017
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 06 Jun 2026, 12:02 PM IST · BSE ID: 4a0086de-6889-48e3-83d0-76d1c0afbe73
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported a loss of (38,98,997.93) for the latest quarter and changed its accounting standards.
🤖 AI Summary
- Garlon Polyfab Industries reported a net loss of (38,98,997.93) for the quarter ended June 30, 2017.
- The company adopted Indian Accounting Standards (Ind AS) with a transition date of April 1, 2016.
- Total Expenses for Q1 FY18 were (34,52,146.93) compared to (7,64,014.00) in Q1 FY17 (restated Ind AS).
- Paid up equity share capital stood at 4,61,32,000.00 for Q1 FY18 and Q1 FY17.
- Net profit under previous GAAP for Q1 FY18 was not provided, only Ind AS compliant results.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net profit /(Loss) for the period from continuing operations
(38,98,997.93)
Net profit /(Loss) for the period from continuing operations (QoQ)
(1,05,721.00)
Net profit /(Loss) for the period from continuing operations (YoY Ind AS restated)
(42,16,160.93)
Paid up equity share capital
4,61,32,000.00
🏢 How This Affects the Company
The company recorded a net loss of (38,98,997.93) in Q1 FY18. The adoption of Ind AS led to restated financial figures for previous periods for comparability.
👥 What This Means For Shareholders
✅
Action Required
No action required from shareholders based on this financial results filing.
👤
Who Is Affected
All existing shareholders are affected by the company's financial performance, specifically the reported net loss of (38,98,997.93) in Q1 FY18.
🔍
Management Signal
The Board's approval of the results and transition to Ind AS indicates compliance with regulatory accounting standards.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY18 financial results — review operational income and loss trends.
Future Ind AS compliant results — assess long-term financial performance.
Any further disclosures on operational activities or business strategy.
HIGH RISK
The company consistently reports net losses with no operational income in past filings, indicating ongoing financial challenges.
💡 Investor Takeaway
Garlon Polyfab Industries recorded a net loss of (38,98,997.93) for Q1 FY18 (quarter ended June 30, 2017). The company adopted Ind AS with restated Q1 FY17 net loss at (42,16,160.93).
⚖️ Strengths & Concerns
⚠️ Concerns
- Garlon Polyfab reported a net loss of (38,98,997.93) for the quarter ended June 30, 2017.
- Total Expenses amounted to (34,52,146.93) for Q1 FY18, which is a significant figure relative to the reported loss.
📅 Company Track Record
Previous filings indicate Garlon Polyfab Industries reported net losses with no operational income, including (0.19) Lacs net loss for Q3 FY20 and (0.56) Lacs net loss for Q4 FY20. Q1 FY21 showed a (0.62) Rupee net loss. Q2 FY23 reported (0.49) Lacs net loss with total assets of 6.17 Lacs. This filing continues the trend of reported losses.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Garlon Polyfab Industries' net profit or loss for Q1 FY18?
Garlon Polyfab Industries reported a net loss of (38,98,997.93) for the quarter ended June 30, 2017 (Q1 FY18).
When did Garlon Polyfab Industries adopt Ind AS?
Garlon Polyfab Industries adopted Indian Accounting Standards (Ind AS) with a transition date of April 1, 2016, and began reporting under Ind AS from April 1, 2017.
What was the paid up equity share capital for Garlon Polyfab Industries in Q1 FY18?
The paid up equity share capital for Garlon Polyfab Industries was 4,61,32,000.00 (Face Value of Rs.10/- per Share) for the quarter ended June 30, 2017.
What were the total expenses for Garlon Polyfab Industries in Q1 FY18?
Total Expenses for Garlon Polyfab Industries for the quarter ended June 30, 2017, amounted to (34,52,146.93).
Questions based on this BSE filing only. For information purposes.