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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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Hong Kong Stocks falls on profit booking
Feb 24,2017

The Hong Kong stock market closed down on Friday, 24 February 2017, dragged down by profit-taking, which offset a rally in telecommunication and aviation stocks. The Hang Seng Index closed 0.6% lower at 23,965.7, while the Hang Seng China Enterprises Index ended 1% lower to 10,418.7. Total turnover on the main board decreased slightly to HK$80.4 billion from HK$81.8 billion on Thursday. For the week, the index lost 0.3%.

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China Stocks close flat
Feb 24,2017

Mainland China stock market closed virtually flat after reversing initial losses on Friday, 24 February 2017, as reform hopes continued to support risk appetite buying. Sector performance was mixed, with gains were led by logistics and transport stocks, while losses were led by material stocks. The Shanghai Composite Index closed up 0.1% to 3,253.4. The large-cap CSI 300 Index rose 0.02% to 3,473.9, the Shenzhen Component Index gained 0.1% to 10,443.7, and the Nasdaq-like ChiNext increased 0.7% to 1,938.4. For the week, the Shanghai Composite Index gained 1.6%, extending its rising trend for the third consecutive week.

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Nikkei falls on strong yen
Feb 24,2017

The Japan share market settled down for third straight trading session on Friday, 24 February 2017, as risk sentiments weighed down by the yens strength against greenback after U.S. Treasury Secretary Steven Mnuchin expressed caution about the strength of the dollar, while an uncertain outlook for U.S. economic stimulus weighed on investor sentiment. Shares were also affected by uncertainty over the European political environment ahead of key elections in France and Germany. The 225-issue Nikkei Stock Average ended down 87.92 points, or 0.45%. The 225-issue Nikkei Stock Average ended down 87.92 points, or 0.45%, to 19,283.54. The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 6.11 points, or 0.39%, lower at 1,550.14.

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Australia Market ends down
Feb 24,2017

Australian equity market ended down on Friday, 24 February 2017, following the lacklustre cues from Wall Street overnight, with materials and resources stocks leading retreat on sliding iron ore and copper prices. At the close, the benchmark S&P/ASX 200 index dropped 45.70 points, or 0.79%, of 5,739, while the broader All Ordinaries index shed 45.60 points, or 0.78%, to 5,786.90. The benchmark ended down 1.3% on the week.

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Australia Miner weighs down stocks
Feb 24,2017

Australian equity market ended down on Friday, 24 February 2017, following the lacklustre cues from Wall Street overnight, with materials and resources stocks leading retreat on sliding iron ore and copper prices. At the close, the benchmark S&P/ASX 200 index dropped 45.70 points, or 0.79%, of 5,739, while the broader All Ordinaries index shed 45.60 points, or 0.78%, to 5,786.90. The benchmark ended down 1.3% on the week.

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Reliance Defence & Engg. to hold EGM
Feb 24,2017

Reliance Defence & Engg. announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 20 March 2017.

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Emami to hold board meeting
Feb 24,2017

Emami will hold a meeting of the Board of Directors of the Company on 6 March 2017.

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Bombay Dyeing& Manufacturing Company to hold EGM
Feb 24,2017

Bombay Dyeing& Manufacturing Company announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 23 February 2017.

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Dynacons Systems & Solutions to hold board meeting
Feb 24,2017

Dynacons Systems & Solutions will hold a meeting of the Board of Directors of the Company on 1 March 2017.

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Legacy Mercantile to hold board meeting
Feb 24,2017

Legacy Mercantile will hold a meeting of the Board of Directors of the Company on 28 February 2017, to Delist/Voluntary Exit the Equity Shares of the Company from BSE Limited- Institutional Trading Platform in terms of the provisions of Chapter XC of SEBI ICDR Regulations, 2009 as amended upto date. & to obtain the Approval of Shareholders, through Postal Ballot as per Companies Act 2013, and SEBI (Listing and Disclosure Requirements) Regulations, 2015.

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Quadrant Televentures to hold board meeting
Feb 24,2017

Quadrant Televentures will hold a meeting of the Board of Directors of the Company on 1 March 2017, EGM & To consider and approve the issuance of Unsecured Compulsorily Convertible Debentures (convertible into preference shares), subject to necessary approvals;

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Hindustan Agrigenetics reports standalone nil net profit/loss in the December 2016 quarter
Feb 24,2017

Hindustan Agrigenetics reported no net profit/loss in the quarter ended December 2016 as against net profit of Rs 0.04 crore during the previous quarter ended December 2015. Sales declined 25.00% to Rs 0.03 crore in the quarter ended December 2016 as against Rs 0.04 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0.030.04 -25 OPM %-33.33-25.00 - PBDT00.04 -100 PBT00.04 -100 NP00.04 -100

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Rain Industries reports consolidated net profit of Rs 22.66 crore in the December 2016 quarter
Feb 24,2017

Net profit of Rain Industries reported to Rs 22.66 crore in the quarter ended December 2016 as against net loss of Rs 7.55 crore during the previous quarter ended December 2015. Sales rose 0.42% to Rs 2361.00 crore in the quarter ended December 2016 as against Rs 2351.14 crore during the previous quarter ended December 2015.

For the full year,net profit declined 30.50% to Rs 224.73 crore in the year ended December 2016 as against Rs 323.34 crore during the previous year ended December 2015. Sales declined 8.97% to Rs 9259.67 crore in the year ended December 2016 as against Rs 10171.76 crore during the previous year ended December 2015.

ParticularsQuarter EndedYear Endedn++Dec. 2016Dec. 2015% Var.Dec. 2016Dec. 2015% Var. Sales2361.002351.14 0 9259.6710171.76 -9 OPM %17.299.29 -14.6213.26 - PBDT287.0099.45 189 874.93832.39 5 PBT194.2715.28 1171 528.79504.57 5 NP22.66-7.55 LP 224.73323.34 -30

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Mahindra CIE Automotive standalone net profit rises 88.30% in the December 2016 quarter
Feb 24,2017

Net profit of Mahindra CIE Automotive rose 88.30% to Rs 10.94 crore in the quarter ended December 2016 as against Rs 5.81 crore during the previous quarter ended December 2015. Sales rose 1.87% to Rs 447.34 crore in the quarter ended December 2016 as against Rs 439.14 crore during the previous quarter ended December 2015.

For the full year,net profit rose 64.27% to Rs 51.45 crore in the year ended December 2016 as against Rs 31.32 crore during the previous year ended December 2015. Sales rose 34.26% to Rs 1786.89 crore in the year ended December 2016 as against Rs 1330.90 crore during the previous year ended December 2015.

ParticularsQuarter EndedYear Endedn++Dec. 2016Dec. 2015% Var.Dec. 2016Dec. 2015% Var. Sales447.34439.14 2 1786.891330.90 34 OPM %7.076.59 -8.087.60 - PBDT34.7230.28 15 158.93103.78 53 PBT16.9310.88 56 87.9049.95 76 NP10.945.81 88 51.4531.32 64

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EMCO reports standalone net loss of Rs 11.13 crore in the December 2016 quarter
Feb 24,2017

Net Loss of EMCO reported to Rs 11.13 crore in the quarter ended December 2016 as against net loss of Rs 11.97 crore during the previous quarter ended December 2015. Sales rose 2.02% to Rs 210.49 crore in the quarter ended December 2016 as against Rs 206.32 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales210.49206.32 2 OPM %4.693.66 - PBDT-11.67-12.18 4 PBT-15.96-17.09 7 NP-11.13-11.97 7

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