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Future Enterprises standalone net profit rises 615.37% in the June 2016 quarter

Future Enterprises standalone net profit rises 615.37% in the June 2016 quarter

Sep 14,2016

Net profit of Future Enterprises rose 615.37% to Rs 315.48 crore in the quarter ended June 2016 as against Rs 44.10 crore during the previous quarter ended June 2015. Sales declined 67.64% to Rs 921.19 crore in the quarter ended June 2016 as against Rs 2846.84 crore during the previous quarter ended June 2015.

ParticularsQuarter Ended
n++Jun. 2016Jun. 2015% Var.
Sales921.192846.84-68
OPM %24.969.91-
PBDT295.07184.1360
PBT142.3249.92185
NP315.4844.10615

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Steelcast announces change in company secretary
May 23,2017

Steelcast has appointed Vishal Sondagar as Company Secretary and Compliance Officer of the Company and accepted the resignation of Neelam Ahuja as Company Secretary of the Company.

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Dwarikesh Sugar nudges higher on stock split plans
May 23,2017

The announcement was made after market hours yesterday, 22 May 2017.

The stock had dropped 7.37% in three sessions to settle at Rs 439.15 yesterday, 22 May 2017 from a close of Rs 474.10 on 17 May 2017.

Meanwhile, the S&P BSE Sensex was down 76.75 points or 0.25% to 30,494.22. The S&P BSE Small-Cap index was down 409.80 points or 2.72% to 14,644.34.

On the BSE, 5,872 shares were traded in the counter so far as against average daily volume of 64,027 shares in the past one quarter. The stock had hit high of Rs 451.30 and low of Rs 439.15 so far during the trading session. The stock had hit a record high of Rs 503.50 on 21 April 2017. The stock had hit 52-week low of Rs 178 on 24 May 2016.

The stock had underperformed the market over the past one month till 22 May 2017, falling 9.09% compared with the Sensexs 4.11% rise. The scrip had, however, outperformed the market in past one quarter, rising 7.74% as against the Sensexs 5.91% rise.

The small-cap company has equity capital of Rs 18.83 crore. Face value per share is Rs 10.

Dwarikesh Sugar Industries net profit fell 11.4% to Rs 46.82 crore on 91.2% rise in net sales to Rs 440.37 crore in Q4 March 2017 over Q4 March 2016.

Dwarikesh Sugar Industries is an integrated conglomerate primarily engaged in manufacture of sugar and allied products. From a humble beginning in 1993, Dwarikesh now has a strong presence in diversified fields such as sugar manufacturing, power and ethanol/ industrial alcohol production.

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Gracious Software to hold board meeting
May 23,2017

Gracious Software will hold a meeting of the Board of Directors of the Company on 26 May 2017.

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Siddhi Vinayak Shipping Corp. to hold board meeting
May 23,2017

Siddhi Vinayak Shipping Corp. will hold a meeting of the Board of Directors of the Company on 26 May 2017.

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Esteem Bio Organic Food Processing to hold board meeting
May 23,2017

Esteem Bio Organic Food Processing will hold a meeting of the Board of Directors of the Company on 26 May 2017.

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Adarsh Mercantile to hold board meeting
May 23,2017

Adarsh Mercantile will hold a meeting of the Board of Directors of the Company on 30 May 2017.

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IVRCL to hold board meeting
May 23,2017

IVRCL will hold a meeting of the Board of Directors of the Company on 30 May 2017.

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C&C Constructions to hold board meeting
May 23,2017

C&C Constructions will hold a meeting of the Board of Directors of the Company on 29 May 2017.

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The Union Minister of Finance Shri Arun Jaitley says India-Africa together can shape the future of the world
May 23,2017

The Union Minister of Finance and Corporate Affairs Shri Arun Jailtey said that the African Development Banks (AfDB) Annual Meeting organized in India this year is a new chapter in India - Africa relationship. India-Africa together can shape the future of the world, he added.

Shri Jaitley said n++our commitment is reflected in high level engagement with Africa on a scale never seen before.n++ He further added that India-Africa partnership model is unique; the cornerstone is voluntary partnership without any imposition on partner and the partner is free to decide what is best for them.n++

Talking about the High 5 Agenda of the AfDB, the Finance Minister said that the High 5 Agenda is not different from Indian policy. n++If India is a bright spot, then Africa is not very far awayn++, he added.

Shri Shaktikanta Das, Secretary, Department of Economic Affairs, Ministry of Finance called Africa a continent of immense opportunities and said that there are opportunities for India and Africa to revive global growth.

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Alfa Ica (India) to hold board meeting
May 23,2017

Alfa Ica (India) will hold a meeting of the Board of Directors of the Company on 27 May 2017.

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Binny Mills to hold board meeting
May 23,2017

Binny Mills will hold a meeting of the Board of Directors of the Company on 25 May 2017.

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Polson to hold board meeting
May 23,2017

Polson will hold a meeting of the Board of Directors of the Company on 30 May 2017.

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Remi Securities to hold board meeting
May 23,2017

Remi Securities will hold a meeting of the Board of Directors of the Company on 29 May 2017.

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Eco Friendly Food Processing Park to hold board meeting
May 23,2017

Eco Friendly Food Processing Park will hold a meeting of the Board of Directors of the Company on 26 May 2017.

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Spectrum Foods to hold board meeting
May 23,2017

Spectrum Foods will hold a meeting of the Board of Directors of the Company on 30 May 2017.

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