BSEBoard Meeting6d ago · 14 Aug 2026, 05:24 pm

Unaudited financial results for the quarter ended 30.06.2026

Garg Furnace Ltd · 530615

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Garg Furnace Ltd has announced unaudited financial results for the quarter ended 30.06.2026, with the Board of Directors approving the results in a meeting held on 14th August, 2026. The results, along with a limited review report by M/s Ashwani & Associates, Chartered Accountants, are enclosed. The meeting commenced at 04:00 P.M. and concluded at 05:00 P.M.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment5/10

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Garg Furnace Ltd - 530615 - Board Meeting Outcome for Unaudited Financial Results For The Quarter Ended 30.06.2026

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14th August, 2026 The Manager, Listing Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001. Maharashtra, India. Scrip Code: 530615 Subject: - Unaudited Financial Results (Standalone and Consolidated) for the quarter ended 30th June, 2026 and Outcome of Board Meeting held on 14th August, 2026 Dear Sir/Madam, Pursuant to Regulation 30 read with Part-A of the Schedule-III and Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we hereby inform that the Board of Directors of the Company in their Meeting held on today i.e. Friday, 14th August, 2026, have inter-alia, considered and approved the unaudited Financial Results (Standalone and Consolidated) for the quarter ended 30th June, 2026 along with the limited review report (Standalone and Consolidated) issued by M/s Ashwani & Associates, Chartered Accountants, the Statutory Auditors of the Company are enclosed herewith. The meeting of the Board of Directors commenced at 04:00 P.M. and concluded at 05:00 P.M. This is for your information and record. Yours faithfully, For Garg Furnace Limited Devinder Garg Managing Director DIN: 01665456 226-a, tagore naga( ludhiana, puniab - 141001 oshwoni & qssociotres voice ; +91-161-2301394, +91-161-4500426 chartered accountants l macs aim iil le : +91 -1 61 -2302083 :adrtya@ashwaniassociates.in :www.ashwaniassociates.in lndependent Auditor's Rcview Rcnort on the Ouarterlv Unaudited Standalone Financial Results of the Comoany rrursuant to the Resulation 33 of the SEBI (Listins Oblisations and Disclosure Requirements) Regulations. 2015. as amended Review Report to The Board of Directors Garg Furnace Limited We have reviewed the accompanying statement of unaudited standalone financial results of M/s Garg Furnace Limited (the "Company") for the quarter ended 30th June ,2026 (he "statement") attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations"). 2. The Company's Management is responsible for the preparation ofthe Statement in accordance with the recognition and measurement principles laid down in lndian Accounting Standard 34, (lnd AS 34) "lnterim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The Statement has been approved by the Company's Board of Directors. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review ofthe Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor ofthe Entity", issued by the Institute of Chartered Accountants oflndia. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data. A review is substantially less in scope than an audit conducted in accordance with Standard on Auditing specified under section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware ofall significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measuremenl principles laid down in the aforesaid Indian Accounting Standards ('lnd AS') specified under Section 133 ofthe Companies Act.20l3 as amended, read with relevant rules issued thereunder and other & As * FRN:000497N * LUDHIANA o tcc accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms ofthe Listing Regulations, including the manner in which it is to be disclosed. or that it contains any material misstatement. For Ashwani & Associates Chartered Accountants Firm Registration No.: 000497N 0497N IANA Arvind Jain Parlner M. No.: 097549 F\*a2aL Place: Ludhiana UDIN: 26o9 +sqq ^PJ Dated:14.08.2026 226-a, tagore nagar, ludhiana, punjab - 141001 oshwoni & ossociqtes voice : +91-161-2301394, +91-161-4500426 chartered accountants f macs aim iil le : + 9'1-1 61 -2302083 :adrtya@ashwaniassociates.in :www.ashwaniassociates.in lnde dent Auditor's I le}} rt on the Ouarterlv Unaudi Consoli ated Financial Results of the Colll D! nv Dursuant to the Resulation 3l of rh SEBI (Listins Oblisations and D re Reouirem ents) Recultrtions. 015. as amrnded Re! iew Report to The Board of Directors Garg Furnace Limited I' we have reviewed the accompanying statement of unaudited Consolidated financial results of M/s Garg Furnace Limited (the "company") for the quarter ended 306 June, 2026 (the ,.statemenf') anached herewith, being submitted by the Company pursuant to the requirements of Reguration 33 of rhe SEBI (Listing obligations and Disclosure Requirements) Regurations, 20r 5, as amended (the "Listing Regulations,,). 2' The Company's Management is responsible for the preparation of the Statement in accordance with the recognirion and measurement principles laid down in Indian Accounting Standard 34, (rnd AS 34),,rnterim Financial Reporting" prescribed under Section 133 ol the Companies Act, 2013 as amended, iead with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance wilh Regulation 33 of the Listing Regulations. The Stalement has been approved by the Company,s Board of Direclors. our responsibility is to express a conclusion on the statement based on our review. 3' we conducted our review ofthe statement in accordance wilh the standard on Review Engagements (sRE) 24 l0 "Review of Interim Financial Information Performed by the Independent Auditor of ttie -Entity,,, issued by the Institute of Chanered Accountants ol India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and anall4ical procedures applied to financial data' A review is substantially less in scope than an audit conducted in accordance with standard on Auditing specified under section 143(10) ofthe companies Acl, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters lhat might be identified in an audit. Accordingly, we do not express an audit opinion. we also performed procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the sEBl (Listing obligations and Discrosure Requirements) Regurations, 2015, as amendld, ro the exrent applicable. 4' The statement includes the results of the Parent and its subsidiary company M/s vaneera Industries Limited (Formerly knotyn as Vaneerq Industries private Limited). 5' Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement' prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards ('lnd AS') specified under Seclion 133 ofthe Companies &.4s * FRN:000497N * LUDHIANA hdlrhna Lnfl delhi I mmD6i I @dlgarh Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed [Showing first 8,000 characters — download PDF for full document]