Simplex Mills Reports Unaudited Financial Results for Q1 FY27; Net Loss Recorded
Simplex Mills Company Limited has approved and released its un-audited financial results for the first quarter ended June 30, 2026. The Board of Directors reviewed these results, which were also subjected to a limited review by statutory auditors.The company's financial performance for the quarter showed total comprehensive income/expense of (3.74) in lakh.
Quarterly Financial Highlights
The unaudited financial results for Simplex Mills Company Limited are presented below:| Particulars | Quarter ended 30.06.2026 (Unaudited) | Quarter ended 31.03.2026 (Audited) | Quarter ended 30.06.2025 (Unaudited) | Year ended 31.03.2026 (Audited) |
|---|---|---|---|---|
| Other income | 15.41 | 15.59 | 16.08 | 63.29 |
| Total expenses | 19.15 | 26.88 | 18.09 | 93.14 |
| Loss before exceptional items and tax | (3.74) | (11.29) | (2.01) | (17.20) |
| Net Loss for the period | (3.74) | (11.29) | (2.01) | (17.20) |
| Paid-up equity share capital | 300.04 | 300.04 | 300.04 | 300.04 |
| Total comprehensive income / (expense) for the period | (3.74) | (11.29) | (2.01) | (17.20) |
Audit and Management Review
The results for the quarter ended June 30, 2026, were approved by the Board of Directors. The statutory auditors conducted a Limited Review of these financial results, which were prepared in accordance with Indian Accounting Standard 34 (Ind AS 34).In their review report, Khandelwal & Mehta LLP noted that nothing came to their attention that indicated material misstatement or failure to disclose required information regarding the accompanying Statement. The auditors also highlighted that loans and advances recoverable from a company whose net worth is eroded were not impaired, stating this conclusion was based on management projections submitted by the Company.
The report also noted that figures for the quarter ended March 31, 2026, are balancing figures derived from both audited full financial year data and previously published unaudited year to date figures.
Stock Price Movement
Simplex Mills Company Ltd settled at ₹5092.45 on Thursday, edging higher after gaining 5.00%. The shares experienced a tight trading session, moving within an intraday range between a low of ₹5091.90 and a high of ₹5092.45.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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