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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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Escorts announces completion of divestment of OEM & Export business of Auto Products
Dec 07,2016

Escorts announced that it has completed the transfer of OEM & Export business of Auto Products to Badve Engineering, Pune on 06 December 2016.

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GTL Infrastructure allots equity shares
Dec 07,2016

GTL Infrastructure announced that the Committee of the Company at its meeting held on 07 December 2016 has considered allotment of 19,259,458 equity shares consequent to conversion of 3,550 FCCBs of US$ 1,000/- each (Series A Bonds) at a conversion price of Rs. 10/- per share, in terms of the Offering Circular dated 17 October 2012 for issue of US$ 111,740,000 Zero Coupon Compulsorily Convertible Bonds due 2017 (Series A Bonds).

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JK Paper allots equity shares
Dec 07,2016

JK Paper announced that the Committee of Directors of the Company at its Meeting held on 07 December 2016, has allotted 74,28,240 Equity Shares of Rs.10/- each of the Company to the holders of such FCCBs.

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Hindustan Petroleum Corporation signs Consortium Agreement
Dec 07,2016

Hindustan Petroleum Corporation has signed a Consortium Agreement on 07 December 2016 with Indian Oil Corporation and Bharat Petroleum Corporation to carry out pre project activities for setting up of 60 MMTPA West Coast Refinery and a Petrochemical Project in the State of Maharashtra through a Joint Venture Company.

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Divis Laboratories provides update on USFDA inspection
Dec 07,2016

Divis Laboratories announced that the Companys Unit-II at Visakhapatnam, Andhra Pradesh has had an inspection by the US-FDA from 29 November 2016 to 06 December 2016. The Company have been issued a form 483 with 5 observations and these shall be responded within the time permitted.

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Board of Regent Enterprises appoints director
Dec 07,2016

Regent Enterprises announced that the Board of Directors of the Company, at its meeting held on 07 December 2016, has appointed Praveen Kumar Jha as an additional cum independent director of the Company with effect from 07 December 2016.

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Gujarat Industries Power Co signs PPA with Gujarat Urja Vikas Nigam
Dec 07,2016

Gujarat Industries Power Co announced that GIPCL has signed Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam (GUVNL) for 23.1 MW (2.1 MW x 11 WEGs) Wind Power Project at Kuchhdi Site, Dist.: Porbandar, under the Letter of Intent dated 12 February 2016 for installation of 50.4 MW (2.1 MW x 24 WEGs) Wind Farm capacity issued to Suzlon Energy.

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Outcome of board meeting of Khemani Distributors & Marketing
Dec 07,2016

Khemani Distributors & Marketing announced that Board of Directors of the Company has approved to enter into and execution of partnership deed in its meeting held on 06 December 2016.

Further, Board of Directors of the Company has also approved to invest, as a capital contribution, into partnership firm.

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RattanIndia Infrastructure reports standalone net loss of Rs 1.61 crore in the September 2016 quarter
Dec 07,2016

Net loss of RattanIndia Infrastructure reported to Rs 1.61 crore in the quarter ended September 2016 as against net profit of Rs 0.35 crore during the previous quarter ended September 2015. There were no Sales reported in the quarter ended September 2016 and during the previous quarter ended September 2015.

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Subex reports standalone net profit of Rs 3.21 crore in the September 2016 quarter
Dec 07,2016

Net profit of Subex reported to Rs 3.21 crore in the quarter ended September 2016 as against net loss of Rs 18.32 crore during the previous quarter ended September 2015. Sales rose 3.28% to Rs 75.05 crore in the quarter ended September 2016 as against Rs 72.67 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales75.0572.67 3 OPM %7.20-2.28 - PBDT4.68-14.68 LP PBT4.01-15.34 LP NP3.21-18.32 LP

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Ballarpur Industries reports consolidated net loss of Rs 452.03 crore in the September 2016 quarter
Dec 07,2016

Net Loss of Ballarpur Industries reported to Rs 452.03 crore in the quarter ended September 2016 as against net loss of Rs 18.06 crore during the previous quarter ended September 2015. Sales declined 57.42% to Rs 419.63 crore in the quarter ended September 2016 as against Rs 985.62 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales419.63985.62 -57 OPM %-52.7012.21 - PBDT-421.0128.73 PL PBT-493.03-38.59 -1178 NP-452.03-18.06 -2403

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Swelect Energy Systems standalone net profit rises 50.00% in the September 2016 quarter
Dec 07,2016

Net profit of Swelect Energy Systems rose 50.00% to Rs 7.71 crore in the quarter ended September 2016 as against Rs 5.14 crore during the previous quarter ended September 2015. Sales rose 55.17% to Rs 26.86 crore in the quarter ended September 2016 as against Rs 17.31 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales26.8617.31 55 OPM %2.7213.17 - PBDT11.5211.16 3 PBT8.867.61 16 NP7.715.14 50

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Surya Roshni standalone net profit rises 1.47% in the September 2016 quarter
Dec 07,2016

Net profit of Surya Roshni rose 1.47% to Rs 13.10 crore in the quarter ended September 2016 as against Rs 12.91 crore during the previous quarter ended September 2015. Sales rose 6.22% to Rs 740.34 crore in the quarter ended September 2016 as against Rs 696.97 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales740.34696.97 6 OPM %7.148.17 - PBDT30.7432.98 -7 PBT17.1617.51 -2 NP13.1012.91 1

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Ballarpur Industries reports standalone net loss of Rs 299.54 crore in the September 2016 quarter
Dec 07,2016

Net loss of Ballarpur Industries reported to Rs 299.54 crore in the quarter ended September 2016 as against net profit of Rs 14.17 crore during the previous quarter ended September 2015. Sales declined 80.37% to Rs 24.71 crore in the quarter ended September 2016 as against Rs 125.89 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales24.71125.89 -80 OPM %-297.3715.89 - PBDT-105.1229.16 PL PBT-118.9614.17 PL NP-299.5414.17 PL

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Caprihans India standalone net profit declines 32.23% in the September 2016 quarter
Dec 07,2016

Net profit of Caprihans India declined 32.23% to Rs 1.85 crore in the quarter ended September 2016 as against Rs 2.73 crore during the previous quarter ended September 2015. Sales declined 11.46% to Rs 53.67 crore in the quarter ended September 2016 as against Rs 60.62 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales53.6760.62 -11 OPM %5.505.20 - PBDT3.845.05 -24 PBT2.934.25 -31 NP1.852.73 -32

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