StockWatch
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Residential- Commercial Projects
Quarterly Result20 May 2026, 08:11 pm

Simplex Realty Revised FY26 Audited Results

AI Summary

Simplex Realty Ltd has revised its audited standalone and consolidated financial results for the financial year ended March 31, 2026, due to an error in the initial submission. Pages 14-16 of the original filing mistakenly contained consolidated financial results for the period ended March 31, 2025. The company has now submitted the corrected audited results along with the auditor's reports for FY26. The auditor's report indicates that the net worth of Simplex Papers Limited, an associate company, has been fully eroded as of March 31, 2026, but management believes no impairment is necessary.

Key Highlights

  • Simplex Realty revised its FY26 audited financial results due to an error in the original filing.
  • The error involved incorrect consolidated financial results for the period ended March 31, 2025, being included.
  • Revised audited standalone and consolidated financial results for FY26 have been submitted.
  • Auditor's report highlights the eroded net worth of associate company Simplex Papers Limited.
  • Management believes no impairment is necessary for Simplex Papers Limited.