approval of the Un-audited Financial Results of the Company for the third quarter ended on 31st December, 2025
Awaiting price reaction for this filing.
Simplex Mills Company reported Q3 FY26 revenue from operations of ₹6.35 lakhs, down from ₹8.98 lakhs in Q3 FY25 — a roughly 29% year-on-year decline. The company posted a net loss of ₹1.81 lakhs for the quarter versus a small profit of ₹0.68 lakhs in the same quarter last year. For the nine months, revenue was ₹12.65 lakhs (vs ₹12.01 lakhs prior year), but the loss widened to ₹5.91 lakhs from ₹1.41 lakhs. The company's other equity is deeply negative at ₹(647.87) lakhs against paid-up capital of ₹300.04 lakhs, meaning net worth is fully eroded. Finance costs of ₹6.31 lakhs in the quarter exceed operating revenue, underscoring the strain.
This is a deeply concerning update for shareholders: the company is loss-making, revenue is shrinking, net worth is wiped out, and the auditor has flagged a going concern uncertainty. Expect negative sentiment on the stock, though it is already a thinly traded small-cap entity.