Simplex Infrastructures net profit up 18%

Kolkata : Simplex Infrastructures Limited, leading civil construction & engineering contractor, has announced its standalone financial results after limited review by the statutory auditors for the 1st Half Year ended September 2010, where it posed a net profit of 18%.

The turnover has grown 4% to Rs. 2224 cr from Rs. 2132 cr in the corresponding period last year. The domestic sales have risen 25% to Rs 1909 cr accounting for 86% of the total sales.

The EBITDA has increased 3% to Rs. 230 cr from Rs. 223 cr. PBT has risen 13% to Rs 93 cr from Rs 83 cr and Net Profit or Profit After Tax (PAT) 18% to 63 cr from Rs 54 cr.

The company reported a turnover of Rs 1050 cr, EBITDA Rs 109 cr, PBT Rs 40 cr and PAT Rs 27 cr for the second quarter ended Sept?10.

The order book as of Sept?10 is Rs. 12964 cr having grown 23% over last year.

The order inflow during second quarter is Rs. 2229 cr with aggregate inflow of Rs. 4090 cr for the 1st half year. In addition, the company has L1 positions of Rs. 1224 cr as of Sept? 10.