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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Simplex Realty Ltd has submitted revised audited financial results for FY2026 due to an inadvertent error in the earlier filing (wrong year data in consolidated results). The standalone revenue from operations grew significantly to Rs 885.86 Lakhs from Rs 479.53 Lakhs in FY2025, but the company reported a net loss of Rs 360.64 Lakhs compared to a profit of Rs 131.64 Lakhs in the previous year. The auditors issued an unqualified opinion with an Emphasis of Matter regarding Simplex Papers Limited (an associate) whose net worth has been fully eroded as of 31st March 2026, though financial statements have been prepared on a going concern basis. Consolidated operating cash flow was negative at Rs 551.63 Lakhs. The company also announced appointment of two new independent directors.
The significant revenue growth is offset by a substantial net loss and negative operating cashflow, which are concerns for investors. The Emphasis of Matter on the associate company's eroded net worth adds risk exposure through related party transactions.