Simplex Realty Limited has reported challenging financial performance for the third quarter of fiscal year 2026, with the company posting a net loss of ₹35.11 lakhs compared to a profit of ₹46.58 lakhs in the corresponding quarter of the previous year. The Board of Directors approved these unaudited financial results at their meeting held on February 11, 2026.

Financial Performance Overview

The company's operational revenue declined significantly during Q3FY26, falling to ₹20.86 lakhs from ₹26.07 lakhs in Q3FY25. This represents a notable decrease in the company's core business activities. Other income also saw a substantial reduction, dropping to ₹60.27 lakhs from ₹314.54 lakhs in the previous year's corresponding quarter.

Nine-Month Performance Analysis

The nine-month period ended December 31, 2025, showed even more concerning trends for the property development company. Simplex Realty reported a substantial net loss of ₹173.03 lakhs compared to a profit of ₹161.23 lakhs in the corresponding nine-month period of FY25.

Expense Structure and Operational Challenges

The company's expense structure revealed several areas of concern during Q3FY26. Employee benefits expense increased to ₹80.00 lakhs from ₹70.13 lakhs in Q3FY25. However, finance costs decreased significantly to ₹0.44 lakhs from ₹91.34 lakhs, indicating reduced borrowing costs. Other expenses declined to ₹45.44 lakhs from ₹105.57 lakhs in the previous year.

Earnings Per Share and Capital Structure

The company's earnings per share turned negative at ₹(1.17) for Q3FY26 compared to positive ₹1.56 in Q3FY25. For the nine-month period, EPS stood at ₹(5.78) against ₹5.39 in the corresponding period of FY25. The paid-up equity share capital remained stable at ₹299.14 lakhs with a face value of ₹10 per share.

Regulatory Compliance and Audit

The financial results were reviewed by the Audit Committee and approved by the Board of Directors in compliance with Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Khandelwal & Mehta LLP, Chartered Accountants, conducted a limited review of the quarterly and nine-monthly financial results. The company operates primarily in property development as its single reportable segment.

Simplex realty Limited has announced that its Board of Directors will meet on February 11, 2026, to review and approve the company's quarterly financial performance. The meeting will focus on considering the unaudited standalone and consolidated financial results for the third quarter of fiscal year 2026.

Board Meeting Details

The company has scheduled the board meeting in accordance with regulatory requirements and corporate governance practices. The meeting details are outlined below:

Regulatory Compliance

The board meeting notification has been issued pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about board meetings where financial results will be considered. The company communicated this information to BSE Limited through an official letter dated January 21, 2026.

Company Communication

The notification was signed by Pooja Bagwe, Company Secretary and Compliance Officer (Membership No. 33353), on behalf of Simplex Realty Limited. The communication was digitally signed on January 21, 2026, at 15:48:13 +05'30', ensuring authenticity and compliance with digital documentation requirements.

Corporate Information

Simplex Realty Limited operates under CIN L17110MH1912PLC000351 and maintains its registered office at 30, Keshavrao Khadye Marg, Sant Gadge Maharaj Chowk, Mahalaxmi (E), Mumbai – 400011. The company trades on BSE under security code 503229 and provides investor communications through dedicated email channels and its corporate website.