Simplex Realty Q1 FY27 results: Loss of Rs 18.29 lakh, weak revenue
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Simplex Realty's Board approved Q1 FY27 (June 2026) unaudited results. Standalone revenue from operations fell sharply to Rs 20.85 lakh from Rs 55.43 lakh year on year. Standalone loss after tax narrowed to Rs 18.29 lakh versus Rs 112.73 lakh year on year. Consolidated loss for the quarter was Rs 8.67 lakh. Auditors flagged an emphasis of matter on associate Simplex Papers Ltd, whose net worth is fully eroded, raising a going concern doubt. Board committees were also reconstituted.
Weak quarterly revenue and going concern flag on associate Simplex Papers may worry investors, though standalone loss narrowed year on year.