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Simplex Castings Ltd's Board met on 7 February 2026 and approved the unaudited financial results for Q3 FY26 (quarter ended 31 December 2025). Revenue from operations was ₹4,753.31 lakhs and profit after tax was ₹476.09 lakhs for the quarter; for the nine months ended December 2025, revenue rose sharply to ₹14,814.01 lakhs (vs ₹10,478.75 lakhs a year ago) and PAT grew to ₹1,507.61 lakhs (vs ₹1,154.50 lakhs). The Board also approved raising up to ₹50.15 crore via a preferential issue of 10,15,182 equity shares at ₹494 each to non-promoter investors, and called an EGM for 2 March 2026 to seek shareholder approval. Additionally, M/s M D N & Associates was reappointed as Internal Auditor for FY 2026-27, and CDSL was appointed to provide the e-voting platform for the EGM.
Existing shareholders will see a dilution of about 11.55% post-issue, but the company will gain ₹50.15 crore in fresh equity capital from non-promoter investors, subject to EGM approval on 2 March 2026. The 9-month results show strong ~41% revenue growth, though Q3 standalone profit dipped sequentially due to higher raw material costs and a one-time interest credit on LIC gratuity funds.