Simplex Infra Topline surges 80%

Simplex Infrastructures Limited has announced its results for Q3FY09. The turnover has jumped 80% to Rs. 1269cr from Rs. 707cr, EBITDA up 60% to Rs. 119cr from Rs. 75cr, PBT is higher by 36% at Rs. 39cr from Rs. 28cr during the same quarter last year. After higher tax provisioning, the PAT is up Rs. 25cr from Rs. 22cr. Simplex has maintained its high growth trajectory throughout 9months to December’08 with turnover up by 76% at Rs. 3307cr from Rs. 1876cr during the corresponding period last year, EBITDA up 64% to Rs. 331cr from Rs. 201cr, PBT up 66% to Rs. 130cr from Rs. 78cr, PAT up 49% to Rs. 91cr from Rs. 61cr.

The order intake during Q3 is healthy at Rs. 1449cr, with domestic market contributing 89% at Rs. 1288cr and overseas market 11% at Rs. 161cr. The sectors contributing to the order book are urban infra including sewerage and water works - 38%, power – 17%, bridges – 15%, marine – 14%, building and industrial structures – 8% each. The net order book backlog as on 31st December’08 is Rs. 10231cr.

About Simplex Infrastructures Limited
(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 today, with more than eight decades of successful operations and completion of over 2200 projects in India and abroad. Simplex Infrastructures has presence across various construction verticals, which include piling, industrial, power – thermal; nuclear; hydel, urban infrastructures & utilities, buildings and housings, marine, roads; railways; bridges & elevated corridors.