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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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Stovec Industries standalone net profit declines 6.30% in the December 2016 quarter
Feb 23,2017

Net profit of Stovec Industries declined 6.30% to Rs 4.76 crore in the quarter ended December 2016 as against Rs 5.08 crore during the previous quarter ended December 2015. Sales rose 17.10% to Rs 54.52 crore in the quarter ended December 2016 as against Rs 46.56 crore during the previous quarter ended December 2015.

For the full year,net profit rose 9.01% to Rs 22.39 crore in the year ended December 2016 as against Rs 20.54 crore during the previous year ended December 2015. Sales rose 19.95% to Rs 186.30 crore in the year ended December 2016 as against Rs 155.32 crore during the previous year ended December 2015.

ParticularsQuarter EndedYear Endedn++Dec. 2016Dec. 2015% Var.Dec. 2016Dec. 2015% Var. Sales54.5246.56 17 186.30155.32 20 OPM %15.0816.34 -19.0321.16 - PBDT9.008.77 3 39.1036.23 8 PBT7.687.54 2 33.9731.07 9 NP4.765.08 -6 22.3920.54 9

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Sagar Tourist Resorts reports standalone net loss of Rs 0.10 crore in the December 2016 quarter
Feb 23,2017

Net Loss of Sagar Tourist Resorts reported to Rs 0.10 crore in the quarter ended December 2016 as against net loss of Rs 0.02 crore during the previous quarter ended December 2015. Sales declined 31.03% to Rs 0.20 crore in the quarter ended December 2016 as against Rs 0.29 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0.200.29 -31 OPM %-35.003.45 - PBDT-0.070.01 PL PBT-0.10-0.02 -400 NP-0.10-0.02 -400

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Lords Chloro Alkali standalone net profit declines 86.21% in the December 2016 quarter
Feb 23,2017

Net profit of Lords Chloro Alkali declined 86.21% to Rs 0.36 crore in the quarter ended December 2016 as against Rs 2.61 crore during the previous quarter ended December 2015. Sales rose 16.23% to Rs 27.79 crore in the quarter ended December 2016 as against Rs 23.91 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales27.7923.91 16 OPM %6.0512.59 - PBDT1.423.57 -60 PBT0.252.91 -91 NP0.362.61 -86

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TechNVision Ventures consolidated net profit declines 19.05% in the December 2016 quarter
Feb 23,2017

Net profit of TechNVision Ventures declined 19.05% to Rs 0.17 crore in the quarter ended December 2016 as against Rs 0.21 crore during the previous quarter ended December 2015. Sales rose 21.03% to Rs 16.17 crore in the quarter ended December 2016 as against Rs 13.36 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales16.1713.36 21 OPM %2.479.28 - PBDT0.401.23 -67 PBT0.350.38 -8 NP0.170.21 -19

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Creative World Telefilms reports standalone nil net profit/loss in the December 2016 quarter
Feb 23,2017

Creative World Telefilms reported no net profit/loss in the quarter ended December 2016 and during the previous quarter ended December 2015. There were no Sales reported in the quarter ended December 2016 and during the previous quarter ended December 2015.

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Spacenet Enterprises India reports standalone net loss of Rs 0.11 crore in the December 2016 quarter
Feb 23,2017

Net Loss of Spacenet Enterprises India reported to Rs 0.11 crore in the quarter ended December 2016 as against net loss of Rs 0.60 crore during the previous quarter ended December 2015. There were no Sales reported in the quarter ended December 2016 and during the previous quarter ended December 2015.

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Sai Television reports standalone nil net profit/loss in the December 2016 quarter
Feb 23,2017

Sai Television reported no net profit/loss in the quarter ended December 2016 as against net loss of Rs 0.01 crore during the previous quarter ended December 2015. There were no Sales reported in the quarter ended December 2016 and during the previous quarter ended December 2015.

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Shriram Pistons & Rings standalone net profit rises 29.34% in the December 2016 quarter
Feb 23,2017

Net profit of Shriram Pistons & Rings rose 29.34% to Rs 22.79 crore in the quarter ended December 2016 as against Rs 17.62 crore during the previous quarter ended December 2015. Sales declined 1.23% to Rs 324.15 crore in the quarter ended December 2016 as against Rs 328.20 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales324.15328.20 -1 OPM %16.3818.28 - PBDT57.2758.72 -2 PBT34.2435.48 -3 NP22.7917.62 29

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NEPC Agro Foods standalone net profit declines 50.00% in the December 2016 quarter
Feb 23,2017

Net profit of NEPC Agro Foods declined 50.00% to Rs 0.01 crore in the quarter ended December 2016 as against Rs 0.02 crore during the previous quarter ended December 2015. Sales declined 33.33% to Rs 0.10 crore in the quarter ended December 2016 as against Rs 0.15 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0.100.15 -33 OPM %-140.0013.33 - PBDT0.010.02 -50 PBT0.010.02 -50 NP0.010.02 -50

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Peria Karamalai Tea & Produce Company reports standalone net profit of Rs 0.37 crore in the December 2016 quarter
Feb 23,2017

Net profit of Peria Karamalai Tea & Produce Company reported to Rs 0.37 crore in the quarter ended December 2016 as against net loss of Rs 0.54 crore during the previous quarter ended December 2015. Sales rose 2.85% to Rs 9.73 crore in the quarter ended December 2016 as against Rs 9.46 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales9.739.46 3 OPM %9.76-2.54 - PBDT1.12-0.16 LP PBT0.42-0.54 LP NP0.37-0.54 LP

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Nicco Corporation reports standalone net loss of Rs 10.10 crore in the December 2016 quarter
Feb 23,2017

Net Loss of Nicco Corporation reported to Rs 10.10 crore in the quarter ended December 2016 as against net loss of Rs 12.23 crore during the previous quarter ended December 2015. There were no Sales reported in the quarter ended December 2016 as against Rs 1.86 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales01.86 -100 OPM %0-144.62 - PBDT-9.08-11.32 20 PBT-10.10-12.23 17 NP-10.10-12.23 17

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Southern Petrochemicals Industries Corporation standalone net profit declines 78.50% in the December 2016 quarter
Feb 23,2017

Net profit of Southern Petrochemicals Industries Corporation declined 78.50% to Rs 3.95 crore in the quarter ended December 2016 as against Rs 18.37 crore during the previous quarter ended December 2015. Sales declined 22.88% to Rs 431.53 crore in the quarter ended December 2016 as against Rs 559.55 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales431.53559.55 -23 OPM %3.866.47 - PBDT11.7725.59 -54 PBT3.9518.22 -78 NP3.9518.37 -78

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Spacenet Enterprises India reports consolidated net loss of Rs 0.86 crore in the December 2016 quarter
Feb 23,2017

Net Loss of Spacenet Enterprises India reported to Rs 0.86 crore in the quarter ended December 2016 as against net loss of Rs 0.90 crore during the previous quarter ended December 2015. Sales declined 98.16% to Rs 0.03 crore in the quarter ended December 2016 as against Rs 1.63 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0.031.63 -98 OPM %-2800.00-55.83 - PBDT-0.84-0.89 6 PBT-0.86-0.90 4 NP-0.86-0.90 4

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CBEC launches a Mobile Application for GST to inform the taxpayers of the latest updates on GST among others
Feb 23,2017

In step with the Governments Digital India initiative, the Central Board of Excise and Customs (CBEC) has launched a mobile application for Goods and Services Tax.

Taxpayers can readily access a host of GST information such as:

n++ Migration to GST-Approach and guidelines for migration

n++ Draft Law-Model GST Law, IGST Law and GST Compensation Law

n++ Draft Rules-Rules related to Registration, Returns, Payment, Refund and Invoice

n++ Frequently Asked Questions (FAQs) on GST

n++ Various resources on GST such a videos, articles etc.

n++ Related Website Links

n++ Helpdesk/Email Contact

The Mobile Application enables taxpayers to be well informed of the latest updates on GST. Taxpayers can also provide feedback and contact CBECs 24x7 helpdesk n++CBEC Mitran++ through a toll-free number or email, at the touch of a button.

The mobile application can be downloaded free of cost on Android platforms. The iOS version will be made available shortly.

With its elegant and easy-to-use interface, the GST Mobile Application is a yet another initiative by CBEC towards improving ease of doing business and providing outstanding taxpayer services.

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Tata Consultancy Services partners with Community Savings Bank Association
Feb 23,2017

Tata Consultancy Services announced that Community Savings Bank Association has selected TCS BaNCS on the Cloud as the core banking solution for its member banks across the entire United Kingdom.

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