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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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Bharti Airtel to acquire 4G business of Tikona
Mar 23,2017

Bharti Airtel announced that it will acquire the 4G business of Tikona along with the BWA Spectrum in the 2300 MHz band in UP (East), UP (West) and Rajasthan through its subsidiary Bharti Hexacom, thereby achieving pan India footprint in the 2300 MHz band. This acquisition will significantly bolster Airtels current spectrum holding in all the 5 circles and specifically in Gujarat and Himachal Pradesh to 30 MHz in that band. The cost of acquisition in approximately 1600 crore.

Post the completion of transaction, Airtel will have 30 MHz in the 2300 MHz band in 13 circles giving it tremendous advantage to cater to the surging data demand.

Trikonas WIBRO business shall be held by the shareholders of Trikona.

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Board of Indian Oil Corporation recommends dividend
Mar 23,2017

Indian Oil Corporation announced that the Board of Directors of the Company at its meeting held on 23 March 2017, inter alia, have recommended the dividend of Rs 4.5 per equity Share (i.e. 45%) , subject to the approval of the shareholders.

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Board of Hindustan Petroleum Corporation recommends dividend
Mar 23,2017

Hindustan Petroleum Corporation announced that the Board of Directors of the Company at its meeting held on 23 March 2017, inter alia, have recommended the dividend of Rs 6.4 per equity Share (i.e. 64%) , subject to the approval of the shareholders.

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Mangal Credit & Fincorp to hold board meeting
Mar 23,2017

Mangal Credit & Fincorp will hold a meeting of the Board of Directors of the Company on 28 March 2017 Stock Split

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Zee Media Corporation to hold EGM
Mar 23,2017

Zee Media Corporation announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 27 March 2017 .

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Delta Corp to hold EGM
Mar 23,2017

Delta Corp announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 18 April 2017 .

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Board of Amba Enterprises recommends dividend
Mar 23,2017

Amba Enterprises announced that the Board of Directors of the Company at its meeting held on 22 March 2017, inter alia, have recommended the dividend of Rs 0.15 per equity Share (i.e. 3%) , subject to the approval of the shareholders.

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Board of Hindustan Zinc recommends special dividend
Mar 23,2017

Hindustan Zinc announced that the Board of Directors of the Company at its meeting held on 22 March 2017, inter alia, have recommended the special dividend of Rs 27.5 per equity Share (i.e. 1375%) , subject to the approval of the shareholders.

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UP Hotels to hold AGM
Mar 23,2017

UP Hotels announced that the 55th Annual General Meeting (AGM) of the company will be held on 31 March 2017.

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NHPC signs PPAs with Tata Power- Delhi Distribution
Mar 23,2017

NHPC has signed Power Purchase Agreements in respect seven power stations namely Bairasiul, Salal, Tanakpur, Chamera-I, Uri-I, Sewa-II and Chamera-III with Tata Power- Delhi Distribution on 22 March 2017. The said PPAs are for a period of 35 years from the date of COD of last unit of respective power stations or balance useful life of respective power stations.

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Oil India fixes record date for buyback of shares
Mar 23,2017

Oil India has fixed 05 April 2017 as the Record Date for the purpose of Buy-Back of Equity Shares.

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Hindustan Petroleum Corporation fixes record date for 2nd interim dividend
Mar 23,2017

Hindustan Petroleum Corporation has fixed 27 March 2017 as record date for payment of 2nd interim dividend. The Interim Dividend is proposed to be paid on or before 31 March 2017.

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Indian Oil Corporation fixes record date for 2nd interim dividend
Mar 23,2017

Indian Oil Corporation has fixed 27 March 2017 as record date for payment of 2nd interim divided.

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Bharat Petroleum Corporation fixed record date for 2nd interim special dividend
Mar 23,2017

Bharat Petroleum Corporation has fixed 27 March 2017 as record date to determine the eligibility of the shareholders to receive the said 2nd Interim Special Dividend. The dividend will be paid or the warrant in respect thereof will be posted on or before 21 April 2017.

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Amba Enterprises fixes record date for interim dividend
Mar 23,2017

Amba Enterprises has fixed 31 March 2017 as record date for payment of interim dividend for financial year 2016-17.

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