Simplex Infra Q4 PAT up by 39%
Simplex Infrastructures announced to have earned higher EBITDA of Rs470 crore against Rs453 crore last year. Its PBT (profit before tax) was Rs201 crore against Rs173 crore during the financial year 2010; and PAT (profit after tax) was at Rs127 crore against Rs.123 crore, despite recording lower sales of Rs4555 crore as against Rs4724 crore last year.
During Q4, the company said, it achieved 39% higher PAT of Rs45 crore against Rs32 crore same quarter last year. The EBIDTA margin during the quarter improved to 10.4% from 9.4%, PBT margin 5.5% from 3.2% and PAT margin 3.5% from 2.3% on sales of Rs1278 crore as against Rs 1374 crore in the corresponding quarter.
The company’s order book at year end was 14% higher at Rs11491 crore (Rs10059 crore last year) comprising power–27%, Building & Housing– 22%, Industrial Plants–19%, Urban Infra–16%, Bridges–9%, Marine & Piling–3% each and Roads & Railways–2%.
Simplex received order of Rs1289 crore during the first two months of the current year in addition to L1 status of Rs1334 crore. The company has given a guidance of top-line growth of 15-20% during the current year FY11.