Please find enclosed the Outcome of the Board Meeting.
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Simplex Castings' board approved the unaudited financial results for the quarter and half-year ended 30 September 2025. Revenue from operations jumped to Rs. 55.41 crore in Q2 FY26 from Rs. 29.38 crore a year ago, with net profit rising to Rs. 5.58 crore versus Rs. 3.64 crore (about 53% YoY growth). For H1 FY26, revenue nearly doubled to Rs. 100.61 crore (vs Rs. 56.87 crore) and net profit almost doubled to Rs. 10.32 crore (vs Rs. 5.25 crore). EPS for Q2 stood at Rs. 7.42 (vs Rs. 4.62) and H1 EPS at Rs. 13.72 (vs Rs. 6.67). The board also confirmed that the entire proceeds of two preferential allotments – Rs. 7.31 crore raised on 26 August 2025 and Rs. 6.85 crore raised on 28 August 2025 – have been fully utilised for repayment of loans, with no deviation reported.
Strong top-line and profit growth, along with a healthier balance sheet following preferential-issue-led loan repayment, are positive signals for shareholders. The deleveraging should reduce finance costs going forward, but the very low cash balance (Rs. 5.36 lakh) and increased inventory/receivables will be worth tracking in coming quarters.