Simplex Infra Q1 Net up 41% to Rs 36 cr

Simplex Infrastructures Limited has announced its standalone financial results after limited review by the statutory auditors for the 1st Quarter ended June 2010. The turnover has grown 6% to Rs. 1175cr from Rs. 1108cr in the same quarter last year. The EBITDA has increased 7% to Rs. 121cr from Rs. 113cr. PBT has jumped 33% to Rs. 54cr from Rs. 40cr and PAT 41% to Rs, 36.2cr from Rs. 25.7cr. EBITDA margins have improved to 10.3% from 10.2%, PBT margins have risen to 4.6% from 3.6% and PAT margins to 3.1% from 2.3%.

The order book at the end of June ’10 is Rs. 12262cr, growing 22% over the same time last year, the Q1 order inflow being Rs. 1861cr.

About Simplex Infrastructures Ltd (BSE SCRIP ID: SIMPLEXIN, NSE SCRIP ID: SIMPLEXINF, Bloomberg; SINF IN, Reuters: SMCP.BO): Incorporated in 1924, Simplex Infrastructures Limited is the largest pure play civil construction & engineering contractors in India, with more than eight decades of successful operations and completion of about 2300 projects in India and abroad. Simplex Infrastructures has presence across various construction verticals, which include piling, industrial plants, power plants – thermal; nuclear; hydel; urban infrastructures & utilities – metro rails; airports; urban sewerage & water systems, buildings and housing, marine ports, roads; railways; bridges & elevated road & rail  corridors.