Simplex Realty Ltd — Results, 21-05-2025: Integrated Filing

Simplex Realty Limited has announced a board meeting on which approved the financial results for the quarter and financial year ended March 31, 2025, with statutory auditors issuing an unmodified opinion. The company reported standalone total income of ₹12.60 Cr for the year and a profit after tax of ₹1.32 Cr. Key financial highlights include an increased inventory value of ₹36.35 Cr and borrowings rising to ₹20 Cr. The Board approved the appointment of Smt. Manju Bagga as Non-Executive Director and the incorporation of a wholly owned subsidiary, Simplex Dream Homes Private Limited, with ₹1 lakh authorized capital for new projects. Shri Praveen Kumar resigned as Non-Executive Director. M/s. Taher Saptwala & Associates have been approved as Secretarial Auditors for five years, subject to shareholder approval. The Board also approved a joint venture between Simplex Modern Home Private Limited and Modern Estates India Private Limited, where the JV partner will hold 49% equity.