Simplex Infrastructures Net Profit jumps by 57% in Q3 FY06-07 Operating profits (EBITDA) jump by 69% to Rs. 48.6 Crore, The company registered a jump of 57% in Net Profit, which increased to Rs. 17.3 crore from Rs.11 crore in the corresponding period last year. The Net Sales registered an increase of 14% rising to Rs. 426 Cr crore from Rs. 375 crore in the same period last year."> Simplex Infrastructures Net Profit jumps by 57% in Q3 FY06-07 Operating profits (EBITDA) jump by 69% to Rs. 48.6 Crore" />
Friday, 06 December 2019
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Simplex Infrastructures Net Profit jumps by 57% in Q3 FY06-07 Operating profits (EBITDA) jump by 69% to Rs. 48.6 Crore

The company registered a jump of 57% in Net Profit, which increased to Rs. 17.3 crore from Rs.11 crore in the corresponding period last year. The Net Sales registered an increase of 14% rising to Rs. 426 Cr crore from Rs. 375 crore in the same period last year.

Hindi to English and English to Hindi to DictionaryMumbai, Maharashtra, (IndiaPRwire) Simplex Infrastructures Ltd., one of India’s largest infrastructure solutions providers, today announced its quarterly results for the third quarter. The company registered a jump of 57% in Net Profit, which increased to Rs. 17.3 crore from Rs.11 crore in the corresponding period last year. The Net Sales registered an increase of 14% rising to Rs. 426 Cr crore from Rs. 375 crore in the same period last year. Commenting on the robust financial performance, Mr. BD Mundhra, Chairman and Managing Director, Simplex Infrastructures Ltd. said, “We have begun this quarter, on a positive and a healthy note, and are bullish about the forthcoming quarters as well. The company’s revenue growth is attributed to its healthy order book, which stands at Rs. 5700 Crore.” “We are buoyant about overseas markets and are targeting 30% of the turnover from project exports. With our vast experience in handling large scale infrastructure projects, we are going to set new benchmarks in the coming quarters as well.” He further added The company has presence in diverse Infrastructure sectors and is planning to bid for BOT/Annuity projects in roads & highways, power transmission, ports, hydro, railways and water supply. Simplex infrastructures is also targeting turnkey, EPC, O&M projects in metal, cement, oil and gas pipelines.”

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