Simplex Papers Limited announced its unaudited financial results for the third quarter ended December 31, 2025, revealing continued operational challenges with no revenue generation and sustained losses. The Board of Directors approved these results at their meeting held on February 10, 2026, following review by the Audit Committee.

Financial Performance Overview

The company's financial performance for Q3FY26 showed a net loss of ₹2.89 lakhs, representing an improvement from the ₹3.42 lakhs loss recorded in Q3FY25. However, the company continues to operate without any revenue from operations, relying solely on minimal other income.

Expense Analysis

Despite the absence of operational revenue, the company incurred total expenses of ₹2.89 lakhs during Q3FY26, compared to ₹3.72 lakhs in the corresponding quarter of the previous year. The expense structure comprised:

• Employee Benefits Expense: ₹0.75 lakhs (compared to ₹1.35 lakhs in Q3FY25)
• Other Expenses: ₹2.14 lakhs (compared to ₹2.37 lakhs in Q3FY25)

For the nine-month period ended December 31, 2025, total expenses decreased to ₹9.01 lakhs from ₹12.86 lakhs in the corresponding period of the previous year.

Going Concern Considerations

The company's auditors, Khandelwal & Mehta LLP, have issued an emphasis of matter in their limited review report, highlighting significant concerns about the company's financial position. Key concerns include:

• Accumulated losses have fully eroded the company's net worth
• Uncertainty exists regarding the company's ability to continue as a going concern
• Management has prepared financial statements on a going concern basis based on future projections

Capital Structure

Simplex Papers Limited maintains a paid-up equity share capital of ₹300.14 lakhs, with shares having a face value of ₹1,000 each. The other equity excluding revaluation reserves stood at negative ₹1,505.91 lakhs as of March 31, 2025, reflecting the extent of accumulated losses.

Regulatory Compliance

The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) and reviewed under Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company operates in the paper segment as its single reportable business segment.

Simplex Papers Limited has announced that its Board of Directors will convene on February 10, 2026, to review and approve the company's unaudited financial results for the third quarter of fiscal year 2026. The meeting notification was formally communicated to BSE Limited on January 19, 2026, in accordance with regulatory requirements.

Meeting Details and Purpose

The board meeting has been scheduled specifically to consider and approve the unaudited financial results for the quarter ended December 31, 2025. This quarterly review represents a crucial milestone in the company's financial reporting cycle, providing stakeholders with insights into the company's performance during the third quarter of FY26.

Regulatory Compliance

The announcement was made pursuant to Regulation 29 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015. This regulation mandates listed companies to inform stock exchanges about board meetings where financial results will be considered, ensuring transparency and timely disclosure to market participants.

Company Secretary Bikash Singh digitally signed the official communication, which was submitted to the Corporate Relations Department of BSE Limited. The company trades on BSE under security code 533019.

Corporate Communication

The formal intimation was addressed to BSE Limited's Corporate Relations Department at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai. The communication emphasized that this information is being shared for the exchange's records and to keep stakeholders informed about the upcoming financial disclosure.

The scheduled board meeting represents part of Simplex Papers Limited's regular quarterly reporting obligations, ensuring compliance with stock exchange listing requirements and maintaining transparency with investors and regulatory authorities.