Simplex Projects Ltd’s net profit jumped seven-fold to Rs 85 lakh for Q1FY20

New Delhi: Simplex Projects Ltd’s consolidated net profit jumped seven-fold to Rs 85 lakh for the first quarter of the fiscal 2019-20 as compared of Rs 12 lakh in the corresponding quarter of the previous fiscal.

The company’s consolidated revenue from operations fell to half at Rs 36 crore for the first quarter of the fiscal 2019-20 as compared to Rs 70 crore in the corresponding quarter of the previous fiscal.

The company’s consolidated total expenses fell to Rs 38 crore for the first quarter of the fiscal 2019-20 as compared to Rs 71 crore in the corresponding quarter of the previous fiscal, the company said in a regulatory filing. 

 

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