Simplex Castings Limited announced its financial results for the third quarter and nine months ended December 31, 2025, reflecting pressure on quarterly profitability despite strong growth over the nine-month period. Revenue from operations for the quarter declined marginally by 0.8 percent year-on-year to ₹4,753.31 lakh compared to ₹4,791.84 lakh in the corresponding quarter of the previous year. Profit after tax for the quarter fell by 24.3 percent to ₹476.09 lakh from ₹629.12 lakh, while earnings per share declined to ₹6.33 from ₹8.74.
On a sequential basis, revenue declined by 14.2 percent compared to the preceding quarter, while profit after tax decreased by 14.7 percent. Earnings per share for the quarter also moderated from ₹7.42 in Q2 FY26 to ₹6.33.
For the nine months ended December 31, 2025, the Company delivered strong growth, with revenue increasing by 41.3 percent year-on-year to ₹14,814.01 lakh. Profit after tax for the period rose by 30.6 percent to ₹1,507.61 lakh, while earnings per share improved by 25.0 percent to ₹20.05.
The Company disclosed that other income for the quarter included ₹153.02 lakh of interest income from the LIC Gratuity Fund relating to earlier financial years. This prior-period income supported reported profitability for the quarter and partially offset the decline in operating performance.
During the quarter, the Board of Directors approved a proposal to raise up to ₹50.15 crore through a preferential issue of equity shares at an issue price of ₹494 per share, including a premium of ₹484 per share. The proposed fund raise, subject to shareholder and regulatory approvals, is intended to strengthen the Company’s capital base, though it will result in equity dilution.
Simplex Castings Limited (SCL) is an Indian precision metallurgy company with a global business footprint. The company operates well-equipped manufacturing facilities, including a Cast Iron Foundry and a Heavy Engineering & Fabrication Plant, supported by modern machining capabilities, a central machine shop with a large base of CNC machines, an EPC division for turnkey projects, and a design wing with advanced computer-aided tools.
