Simplex Mills Company Limited Reports Wider Annual Loss in FY26; Board Approves Audited Financial Results
Published on: May 19, 2026, 3:07 p.m. | Source: scanx.trade
Simplex Mills Company Limited reported a net loss of ₹17.20 lakhs for FY26, significantly wider than the ₹3.17 lakhs loss in FY25, as revenue from operations declined to ₹12.65 lakhs and total expenses rose to ₹93.14 lakhs. The Board approved the audited results on 19th May, 2026, with statutory auditors Khandelwal and Mehta LLP issuing an unmodified opinion, while flagging an Emphasis of Matter regarding loans recoverable from a company with eroded net worth. Total assets stood at ₹684.58 lakhs as at 31st March, 2026, with total equity remaining negative at ₹(365.02) lakhs. The company's 28th Annual General Meeting is scheduled for 4th August, 2026.
