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- by thehindubusinessline.com
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Simplex Infrastructure shares rise on Q1 results
Simplex Infrastructures' shares rose 6% after it reported a 48% profit increase for Q2 2023, to ₹150.10 crore from ₹100.84 crore in the same period last year. Revenues were down 19% to ₹398.87 crore. Sequentially, profits were 54% higher than the previous quarter. Shares rose to ₹58 at 2.50 pm on Wednesday.