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KOLKATA: Simplex Concrete Piles (India) Ltd, which is being renamed as Simplex Infrastructure Ltd, has registered a 526.57 per cent growth in net profit in the second quarter of 2005-06.

Net profit jumped to Rs 8.96 crore (Rs 1.43 crore). Profit before tax increased by 259.36 per cent to end at Rs 10.17 crore from Rs 2.83 crore.

Net sales increased by 27.31 per cent to Rs 274.50 crore compared with Rs 215.60 crore in the same quarter of last year.

Addressing a press conference, Mr B.D. Mundhra, Chairman, said that the company's current order book position is Rs 3,500 crore, of which Rs 1,000 crore are overseas orders.

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