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Simplex Castings' Board, in its meeting on 4th August 2025, approved the unaudited financial results for Q1 FY26 (quarter ended 30th June 2025). Revenue from operations stood at Rs 4,519.73 lakhs versus Rs 2,749.15 lakhs in Q1 FY25, while profit after tax jumped to Rs 473.75 lakhs (from Rs 161.64 lakhs in Q1 FY25), with EPS rising to Rs 6.70 from Rs 2.38. The Board also reinitiated the process of shifting the registered office from Maharashtra to Chhattisgarh, subject to shareholder and regulatory approvals. Additionally, the 45th Annual General Meeting was scheduled for 27th September 2025 at 3 PM via video conferencing. The statutory auditors issued an unmodified limited review report on the results.
The strong year-on-year earnings growth (PAT nearly tripling) signals improving operational performance, likely to be viewed positively by shareholders. The proposed office shift to Chhattisgarh (where the company's plants and corporate office already operate) is largely an administrative realignment requiring member approval via the September AGM.