Document Context

Simplex Mills Company Limited (Scrip Code: 533018) submitted a regulatory filing to BSE Limited on August 3, 2026, regarding the outcome of its board meeting held on the same date. The disclosure is made pursuant to Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Results Analysis (₹ in lakhs)

Income Statement Performance

Quarter Ended June 30, 2026 (Unaudited):

  • Revenue from operations: ₹0.00 (no revenue generated)
  • Other income: ₹15.41
  • Total income: ₹15.41

Expenses Breakdown:

  • Employee benefits expense: ₹2.15
  • Finance costs: ₹6.58
  • Other expenses: ₹10.42
  • Total expenses: ₹19.15

Profit/Loss Position:

  • Loss before exceptional items and tax: ₹(3.74)
  • Loss before tax: ₹(3.74)
  • Net loss for the period: ₹(3.74)
  • Total comprehensive income/(expense): ₹(3.74)
  • Basic and diluted earnings per share (face value ₹1,000 each): ₹(12.45)

Comparative Performance

Quarter-over-Quarter Comparison (Q1 FY2026 vs Q4 FY2025):

  • Other income decreased from ₹15.59 to ₹15.41
  • Total expenses decreased from ₹26.88 to ₹19.15
  • Net loss improved from ₹(11.29) to ₹(3.74)
  • EPS improved from ₹(37.62) to ₹(12.45)

Year-over-Year Comparison (Q1 FY2026 vs Q1 FY2025):

  • Other income decreased from ₹16.08 to ₹15.41
  • Total expenses increased from ₹18.09 to ₹19.15
  • Net loss worsened from ₹(2.01) to ₹(3.74)
  • EPS worsened from ₹(6.71) to ₹(12.45)

Balance Sheet Position

  • Paid-up equity share capital (face value ₹1,000 each): ₹300.04 lakhs (unchanged across all periods)
  • Other equity excluding revaluation reserves: Not specified for current quarter

Notes to Financial Results

1. The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors on August 3, 2026, in accordance with Regulation 33 of SEBI LODR Regulations, 2015, and prepared under Ind AS.

2. Statutory auditors Khandelwal & Mehta LLP carried out a "Limited Review" of the financial results for the quarter ended June 30, 2026.

3. The company has only one reportable segment - "Textile" - making segment disclosure under Ind AS 108 not applicable.

4. Figures for the quarter ended March 31, 2026, are balancing figures between audited full-year figures and published unaudited year-to-date figures up to December 31, 2025.

5. Previous period figures have been regrouped where necessary to conform to current period presentation.

Auditor's Review Report

Khandelwal & Mehta LLP, Chartered Accountants (Firm Registration No. AAE-3742), conducted a limited review of the quarterly unaudited financial results pursuant to Regulation 33 of SEBI LODR Regulations, 2015.

Emphasis of Matter

The auditors drew attention to loans and advances recoverable from a company whose net worth is eroded but are not impaired. Management, based on projections from the said company, believes these advances are recoverable. The auditor's conclusion is not modified regarding this matter.

Other Matter

The auditors noted that figures for the quarter ended March 31, 2026, are balancing figures between audited full previous financial year figures and published unaudited year-to-date figures up to the third quarter of the previous financial year, which had only been reviewed, not audited.