Simplex Infra declares high dividend of Rs five per share for FY 06

Mumbai, June 12 (UNI) The directors of Kolkata based Simplex Infrastructures Ltd have recommended a dividend of Rs five per share on face value of Rs ten each for the year ended March 31,2006 compared to Rs 4.50 dividend on previous year.

Announcing an upward trend in financial performance Mr Amitabh Mudhra, Director, Simplex Infrasctructures ltd told media persons here today, the company registered a jump of 65.4 per cent in Net profit which increased to Rs 42 crore for financial year ended March 31,2006 from Rs 34 crore in the previous year.

The net sales also recorded an increase of 34.6 per cent rising to Rs 1345 crore from Rs 999 crore in the last year. Earning Per Share also registered a shot up of Rs 52 for FY 2006 from Rs 34 for last year.

In the last fiscal year, the growth has been phenomenal and there has been a healthy increased in the bottom line too. Our order book which is over Rs 4500 crore, is only growing in terms of quantity but quality as well and we are executing some large projects across diverse sectors in India and International markets.

UNI AR PM AW1808