Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    Loans
    Loans
    HomeNewsBusinessStocksSimplex Projects slips 5% post dismal Q4 performance

    Simplex Projects slips 5% post dismal Q4 performance

    The company's Q4 net loss has increased to Rs 33.5 crore against Rs 16.6 crore, in the same quarter last year.

    June 01, 2016 / 10:43 IST

    Moneycontrol BureauShare prices of Simplex Projects plunged 5 percent intraday Wednesday as it has posted poor numbers. The company's Q4 net loss has increased to Rs 33.5 crore against Rs 16.6 crore, in the same quarter last year.The EBITDA loss was at Rs 5.5 crore versus loss of Rs 1.1 crore.However, the total income of the company rose 33.65 percent at Rs 139 crore versus Rs 104 crore.The company has not recommended any dividend for the financial year ended March 31, 2016.At 10:08 hrs Simplex Projects was quoting at Rs 24.45, down Rs 0.60, or 2.40 percent on the BSE.Posted by Rakesh Patil

    first published: Jun 1, 2016 10:43 am

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347