Simplex Infrastructures Ltd's Q3FY25 Quarter Results
- 15 Feb 2025
Result Summary
- Simplex Infrastructures Ltd reported a 14.8% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 27.3%.
- Its expenses for the quarter were down by 14.8% QoQ and 44.7% YoY.
- The net profit increased 3.4% QoQ and decreased 85.9% YoY.
- The earnings per share (EPS) of Simplex Infrastructures Ltd declined at 2 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 231.44 | 271.70 | 318.44 | -14.8% | -27.3% |
Total Expenses | 243.62 | 285.97 | 440.36 | -14.8% | -44.7% |
Profit Before Tax | -12.18 | -14.27 | -121.92 | -14.6% | -90.0% |
Tax | -0.20 | -3.56 | -41.69 | -94.4% | -99.5% |
Profit After Tax | -11.08 | -10.72 | -78.58 | 3.4% | -85.9% |
Earnings Per Share | -2.00 | -1.90 | -13.80 | 5.3% | -85.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Simplex Infrastructures Ltd is an established player in the infrastructure sector, primarily engaged in the construction and engineering industry. The company provides a range of services including civil construction, road and bridge infrastructure development, and other related activities. As a key contributor in the infrastructure development sector, Simplex Infrastructures has been involved in numerous projects across India. The company's operations span various segments such as transportation, energy, and urban infrastructure. However, due to the lack of current information, details about any recent major developments or strategic shifts within the company are unavailable.
Revenue
During the third quarter of fiscal year 2025, Simplex Infrastructures Ltd reported a total income of ₹231.44 crores. This represented a decrease of 14.8% compared to the previous quarter (Q2FY25) where the total income was ₹271.70 crores. When compared to the same quarter in the previous year (Q3FY24), which recorded a total income of ₹318.44 crores, there was a year-over-year decline of 27.3%. These figures highlight significant changes in the company's revenue over both quarterly and annual periods.
Profitability
For the quarter ending in Q3FY25, Simplex Infrastructures Ltd reported a loss before tax amounting to ₹12.18 crores. This was a 14.6% reduction in losses compared to the previous quarter (Q2FY25), which recorded a loss before tax of ₹14.27 crores. In comparison with the same quarter last year (Q3FY24), where the loss before tax stood at ₹121.92 crores, there was a substantial year-over-year improvement of 90.0%. After accounting for taxes, the company ended the quarter with a loss after tax of ₹11.08 crores, slightly increasing by 3.4% from the previous quarter's loss of ₹10.72 crores. Year-over-year, this marks an 85.9% improvement compared to the loss of ₹78.58 crores in Q3FY24. The earnings per share (EPS) for the quarter was ₹-2.00, indicating a 5.3% QoQ change from ₹-1.90 in Q2FY25 and an 85.5% YoY improvement from ₹-13.80 in Q3FY24.
Operating Metrics
The operating performance of Simplex Infrastructures Ltd for Q3FY25 reveals total expenses of ₹243.62 crores, which decreased by 14.8% from the previous quarter's expenses of ₹285.97 crores. Compared to the same quarter the previous year, where expenses were significantly higher at ₹440.36 crores, the expenses have reduced by 44.7% year-on-year. The company's tax expenses for the quarter were ₹-0.20 crores, showing a significant reduction of 94.4% from the prior quarter and a 99.5% decrease from Q3FY24. These operating metrics illustrate the financial adjustments and changes that have occurred during the period under review.
