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Simplex Castings has submitted its 45th Annual Report for FY 2024-25 along with the notice for its AGM scheduled for 27th September 2025 via video conferencing. The company reported revenue from operations of ₹17,188.36 Lacs, up 40.73% from ₹12,213.05 Lacs in FY 2023-24. Profit After Tax surged to ₹1,513.11 Lacs from ₹239.20 Lacs, and EPS jumped to ₹21.39 from ₹3.90. The company did not declare any dividend. The order book stands at around ₹51.5 Cr, with a new ₹22.37 Cr order from Bhilai Engineering Corporation and ongoing business with SAIL (~₹40 Cr orders completed). Management also highlighted plans to commission a fifth Electric Arc Furnace (EAF-5) and pursue Indian Railways opportunities via RDSO certification.
The sharp jump in revenue and profits reflects strong business recovery and operational turnaround, which is positive for shareholders. However, the continued absence of dividend despite significantly higher profits may be a mild disappointment for income-focused investors. The proposed shift of registered office from Maharashtra to Chhattisgarh (closer to plant operations) and appointment of a new secretarial auditor for five years are routine governance items.