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Surya Industrial Corporation to hold AGM

Surya Industrial Corporation to hold AGM

Sep 14,2016

Surya Industrial Corporation announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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Pidilite Industries standalone net profit declines 20.30% in the June 2017 quarter
Jul 26,2017

Net profit of Pidilite Industries declined 20.30% to Rs 217.08 crore in the quarter ended June 2017 as against Rs 272.38 crore during the previous quarter ended June 2016. Sales declined 1.49% to Rs 1349.76 crore in the quarter ended June 2017 as against Rs 1370.16 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales1349.761370.16 -1 OPM %22.6928.19 - PBDT340.21408.19 -17 PBT317.37385.96 -18 NP217.08272.38 -20

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Medi Caps standalone net profit declines 50.00% in the June 2017 quarter
Jul 26,2017

Net profit of Medi Caps declined 50.00% to Rs 0.08 crore in the quarter ended June 2017 as against Rs 0.16 crore during the previous quarter ended June 2016. Sales declined 18.90% to Rs 4.42 crore in the quarter ended June 2017 as against Rs 5.45 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales4.425.45 -19 OPM %6.566.61 - PBDT0.290.36 -19 PBT0.130.28 -54 NP0.080.16 -50

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Elantas Beck India standalone net profit declines 12.59% in the June 2017 quarter
Jul 26,2017

Net profit of Elantas Beck India declined 12.59% to Rs 12.29 crore in the quarter ended June 2017 as against Rs 14.06 crore during the previous quarter ended June 2016. Sales declined 5.52% to Rs 91.97 crore in the quarter ended June 2017 as against Rs 97.34 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales91.9797.34 -6 OPM %19.0721.50 - PBDT19.6822.74 -13 PBT18.1921.46 -15 NP12.2914.06 -13

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Raymond reports standalone net loss of Rs 6.67 crore in the June 2017 quarter
Jul 26,2017

Net Loss of Raymond reported to Rs 6.67 crore in the quarter ended June 2017 as against net loss of Rs 11.30 crore during the previous quarter ended June 2016. Sales rose 10.92% to Rs 595.35 crore in the quarter ended June 2017 as against Rs 536.75 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales595.35536.75 11 OPM %0.210.77 - PBDT11.462.22 416 PBT-9.51-18.06 47 NP-6.67-11.30 41

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L&T Technology Services consolidated net profit declines 9.26% in the June 2017 quarter
Jul 26,2017

Net profit of L&T Technology Services declined 9.26% to Rs 98.00 crore in the quarter ended June 2017 as against Rs 108.00 crore during the previous quarter ended June 2016. Sales rose 2.45% to Rs 822.60 crore in the quarter ended June 2017 as against Rs 802.90 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales822.60802.90 2 OPM %15.2818.56 - PBDT151.70171.60 -12 PBT137.20153.80 -11 NP98.00108.00 -9

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Bharti Airtel consolidated net profit declines 58.38% in the June 2017 quarter
Jul 26,2017

Net profit of Bharti Airtel declined 58.38% to Rs 617.70 crore in the quarter ended June 2017 as against Rs 1484.20 crore during the previous quarter ended June 2016. Sales declined 14.05% to Rs 21958.10 crore in the quarter ended June 2017 as against Rs 25546.50 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales21958.1025546.50 -14 OPM %35.3337.37 - PBDT6300.807886.90 -20 PBT1481.602846.70 -48 NP617.701484.20 -58

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L&T Technology Services standalone net profit declines 12.98% in the June 2017 quarter
Jul 26,2017

Net profit of L&T Technology Services declined 12.98% to Rs 103.90 crore in the quarter ended June 2017 as against Rs 119.40 crore during the previous quarter ended June 2016. Sales rose 1.79% to Rs 779.10 crore in the quarter ended June 2017 as against Rs 765.40 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales779.10765.40 2 OPM %16.3920.39 - PBDT155.90178.40 -13 PBT142.70161.80 -12 NP103.90119.40 -13

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ICICI Prudential Life Insurance Company standalone net profit rises 74.69% in the June 2017 quarter
Jul 26,2017

Net profit of ICICI Prudential Life Insurance Company rose 74.69% to Rs 396.52 crore in the quarter ended June 2017 as against Rs 226.99 crore during the previous quarter ended June 2016. Sales rose 37.38% to Rs 4820.23 crore in the quarter ended June 2017 as against Rs 3508.79 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales4820.233508.79 37 OPM %8.435.93 - PBDT422.68227.41 86 PBT422.68227.41 86 NP396.52226.99 75

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Bharti Airtel standalone net profit declines 80.34% in the June 2017 quarter
Jul 26,2017

Net profit of Bharti Airtel declined 80.34% to Rs 280.60 crore in the quarter ended June 2017 as against Rs 1427.50 crore during the previous quarter ended June 2016. Sales declined 11.22% to Rs 14506.50 crore in the quarter ended June 2017 as against Rs 16339.70 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales14506.5016339.70 -11 OPM %33.7740.45 - PBDT3605.205364.00 -33 PBT426.302376.30 -82 NP280.601427.50 -80

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Tata Metaliks standalone net profit declines 11.09% in the June 2017 quarter
Jul 26,2017

Net profit of Tata Metaliks declined 11.09% to Rs 30.62 crore in the quarter ended June 2017 as against Rs 34.44 crore during the previous quarter ended June 2016. Sales rose 22.99% to Rs 387.12 crore in the quarter ended June 2017 as against Rs 314.75 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales387.12314.75 23 OPM %12.7919.24 - PBDT50.7552.83 -4 PBT39.1445.15 -13 NP30.6234.44 -11

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Kirloskar Industries standalone net profit declines 7.91% in the June 2017 quarter
Jul 26,2017

Net profit of Kirloskar Industries declined 7.91% to Rs 5.47 crore in the quarter ended June 2017 as against Rs 5.94 crore during the previous quarter ended June 2016. Sales declined 67.36% to Rs 0.47 crore in the quarter ended June 2017 as against Rs 1.44 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales0.471.44 -67 OPM %-329.79-57.64 - PBDT7.908.21 -4 PBT7.657.99 -4 NP5.475.94 -8

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Hero MotoCorp standalone net profit rises 3.50% in the June 2017 quarter
Jul 26,2017

Net profit of Hero MotoCorp rose 3.50% to Rs 914.04 crore in the quarter ended June 2017 as against Rs 883.09 crore during the previous quarter ended June 2016. Sales rose 7.74% to Rs 7971.58 crore in the quarter ended June 2017 as against Rs 7398.91 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales7971.587398.91 8 OPM %16.2616.63 - PBDT1426.031348.95 6 PBT1293.081233.71 5 NP914.04883.09 4

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New Post Offices will be opened in this fiscal-Manoj Sinha
Jul 26,2017

The Government has planned to open 81 Sub-Post Offices and 100 Branch Post Offices during the current financial year 2017-18 under the Scheme - n++Rural Business & Access to Postal Networkn++. Minister of Communications Shri Manoj Sinha said that the Department of Posts has also planned to open 66 Branch Post Offices by creation of new posts in 32 worst affected Left Wing Extremism (LWE) districts in the country under the aforesaid scheme in the current financial year.

Shri Sinha said that out of 25,350 post offices in the States of the Country, 25,348 are computerised. He said that the Department of Posts takes action, from time to time, to induct technology and upgrade the system to cater to the growing market requirements and to increase revenue earnings. The Minister said that the increase or revision of rates of postal products and services is an ongoing exercise carried out from time to time and that there is no proposal to increase the rates of premium Business Development products at present.

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Yes Bank vaults after good Q1 result, stock-split plan
Jul 26,2017

The result was announced during market hours today, 26 July 2017.

Meanwhile, the S&P BSE Sensex was up 157.57 points or 0.49% at 32,385.84

On the BSE, 7.96 lakh shares were traded on the counter so far as against the average daily volumes of 2.37 lakh shares in the past one quarter.

The stock hit a high of Rs 1,722.80 in intraday trade so far, which is 52-week high for the counter. The stock hit a low of Rs 1,606.30 so far during the day. The stock had hit a 52-week low of Rs 1,091.25 on 26 December 2016.

The large-cap bank has equity capital of Rs 457.64 crore. Face value per share is Rs 10.

Yes Bank banks board at its meeting held today, 26 July 2017 approved a 5-for-1 stock split of equity shares.

Yes Banks gross non-performing assets (NPAs) stood at Rs 1364.38 crore as on 30 June 2017 as against Rs 2018.56 crore as on 31 March 2017 and Rs 844.56 crore as on 30 June 2016.

The ratio of gross NPAs to gross advances stood at 0.97% as on 30 June 2017 as against 1.52% as on 31 March 2017 and 0.79% as on 30 June 2016. The ratio of net NPAs to net advances stood at 0.39% as on 30 June 2017 as against 0.81% as on 31 March 2017 and 0.29% as on 30 June 2016.

The banks Net Interest Income (NII) grew by 44% to Rs 1808.90 crore in Q1 June 2017 over Q1 June 2016. Net interest margin expanded to 3.7% in Q1 June 2017 from 3.6% in Q1 June 2016.

Commenting on the results and financial performance, Rana Kapoor, Managing Director & CEO, Yes Bank said that the bank continues to garner market share in its various corporate and MSME businesses while maintaining superior asset quality parameters.

Yes Bank is one of the leading private sector banks in India. The banks branch network stood at 1,020 branches and ATM network stood at 1,796 as on 30 June 2017.

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L T Foods gets revision in credit ratings
Jul 26,2017

L T Foods announced that CRISIL has upgraded the existing Long Term Rating of LT Foods from CRISIL BBB+ (STABLE) to CRISIL BBB+ (POSITIVE) and has reaffirmed the existing Short Term Rating of CRISIL A2 .

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