Simplex Projects disclosed a good increase in standalone net profit for the quarter ended December 2010.

During the quarter, the profit of the company rose 27.92% to INR 114.62 million from INR 89.60 million in the same quarter last year.

The company’s net sales for the quarter for the quarter rose 2.40 times to INR 2,471.07 million, while total income for the quarter jumped 2.40 times to INR 2,484.40 million, when compared with the prior year period.