Thursday, February 7, 2008

Simplex Infra Q3 Net At Rs 22 Cr

Simplex Infrastructures Ltd has reported a 58 per cent growth in Q3 turnover to Rs 704 crore from Rs 446 crore same quarter last year. As compared to the Q2FY08, the turnover jumped 23 per cent. The company registered a healthy increase in Profit After Tax (PAT) to Rs 22 crore as against Rs 17 crore in the previous corresponding quarter.

Cumulative turnover for nine months till December 2007 is up 60 per cent to Rs 1,863 crore from Rs 1,166 crore. The EBITDA has jumped 74 per cent to Rs 201 crore from Rs 116 crore on the back of the margins improvement to 10.8 per cent from 9.9 per cent. The PAT has grown 70 per cent to Rs.61 crore from Rs.36 crore. The order book as on January 28, 2008 stands at Rs 8,900 crore including the new orders received during January 2008 and the unexecuted orders as of December 2007.

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