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Simplex Realty's board approved audited standalone and consolidated financial results for FY25, with auditors issuing an unmodified opinion. Standalone revenue from operations jumped to ₹479.53 lakhs from ₹176.47 lakhs, though PAT (post-tax profit) fell to ₹131.64 lakhs from ₹518.03 lakhs — the prior year included a one-time exceptional item of ₹424.07 lakhs. Consolidated PAT stood at ₹130.09 lakhs vs ₹511.13 lakhs. Other income included ₹192.42 lakhs interest on income tax refund. The board approved the incorporation of a wholly owned subsidiary 'Simplex Dream Homes Pvt Ltd' (₹1 lakh capital) and a joint venture with Modern Estates India Pvt Ltd holding 49% in Simplex Modern Home Pvt Ltd. Smt. Manju Bagga was appointed as an Additional Non-Executive Director (effective 25 May 2025), while Shri Praveen Kumar resigned effective 24 May 2025 due to LIC's corporate policy on tenure. M/s Taher Sapatwala & Associates were appointed as Secretarial Auditors for five years. The 112th AGM is scheduled for 6 August 2025.
Operating revenue grew sharply, but bottom-line shrank due to the absence of last year's exceptional item. The new subsidiary and joint venture signal expansion plans in real estate, while borrowings rising from nil to ₹2,000 lakhs and negative operating cash flow of ₹3,475 lakhs are points investors should monitor.