Simplex Infra Q3 revenue up 9%

Simplex Infrastructures Ltd one of India’s leading infrastructure solutions providers, has announced its standalone financial results post limited review by the statutory auditors for the 3rd Quarter ended Dec 2010. The turnover has grown 9% to Rs 1166cr from Rs 1065cr in the same quarter last year. The EBITDA has also increased 9% to Rs.111cr from Rs.101cr. After providing for higher interest cost of Rs.30cr against Rs.22cr, PAT at Rs 23 cr is the same as last year.

The turnover for the nine months ended Dec’10 has risen 6% to Rs.3390cr from Rs.3197cr last year. The EBITDA has improved by 5% to Rs. 341cr from Rs.324cr, PBT by 8% to Rs. 128Cr from Rs. 119cr and PAT by 13% to Rs. 86cr from Rs. 77cr.

The order book as of Dec’10 is Rs. 13912cr, registering a spurt of 31% over last year

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 system, buildings and housing, marine ports, roads; railways; bridges & elevated road & rail corridors.