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garg furnace ltd (530615) Details

Garg Furnace Limited manufactures and sells alloy and non alloy steel products in India. The company offers alloy and non alloy steel ingots, wire rods, and wire rounds, as well as mig wires. It is also involved in the casting of iron products; and trade of iron, steel, and textile products. The company was founded in 1973 and is based in Ludhiana, India.

Founded in 1973

garg furnace ltd (530615) Top Compensated Officers

Executive Chairman and Managing Director
Total Annual Compensation: 840.0K
Compensation as of Fiscal Year 2016.
garg furnace ltd
Garg Furnace Ltd. Announces Audited Standalone Earnings Results for the Fourth Quarter and Year Ended March 31, 2017

Garg Furnace Ltd. announced audited standalone earnings results for the fourth quarter and year ended March 31, 2017. For the quarter, the company reported net sales/income from operations (net of excise duty) of INR 169.547 million compared to INR 162.808 million a year ago. Loss from operations before other income, finance costs and exceptional items were INR 0.360 million compared to INR 39.420 million a year ago. Loss from ordinary activities before tax was INR 1.346 million compared to INR 41.059 million a year ago. Net loss for the period was INR 1.346 million or INR 0.34 per basic and diluted share before and after extraordinary items compared to INR 41.059 million or INR 10.24 per basic and diluted share before and after extraordinary items for the same period a year ago. For the year, the company reported net sales/income from operations (net of excise duty) of INR 535.312 million compared to INR 900.366 million a year ago. Loss from operations before other income, finance costs and exceptional items were INR 127.058 million compared to INR 64.833 million a year ago. Loss from ordinary activities before tax was INR 135.515 million compared to INR 132.268 million a year ago. Net loss for the period was INR 135.515 million or INR 33.81 per basic and diluted share before and after extraordinary items compared to net profit of INR 132.268 million or INR 33.00 per basic and diluted share before and after extraordinary items for the same period a year ago.

Garg Furnace Limited to Report Q4, 2017 Results on May 30, 2017

Garg Furnace Limited announced that they will report Q4, 2017 results on May 30, 2017

Garg Furnace Limited, Board Meeting, May 30, 2017

Garg Furnace Limited, Board Meeting, May 30, 2017, at 15:30 Indian Standard Time. Agenda: To consider and approve the audited financial results for the fourth quarter and year ended March 31, 2017.

 

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