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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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Bharat Textiles & Proofing Industries announces resignation of director
May 16,2017

Bharat Textiles & Proofing Industries announced the resignation of Rajesh Gurdas Wadhwa, Independent Director from the Board with effect from 16 May 2017.

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Coromandel International allots 31,000 equity shares
May 16,2017

Coromandel International has allotted 31,000 equity shares of Re 1 each under ESOP.

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Honeywell Automation India appoints company secretary
May 16,2017

Honeywell Automation India has appointed Farah Irani as the Company Secretary [Key Managerial Personnel] of the company w.e.f. 16 May 2017.

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Future Enterprises allots NCDs aggregating Rs 25 crore
May 16,2017

Future Enterprises has allotted 20 - Secured Redeemable Non-Convertible Debentures Series XVII - D Having The Face Value Of Rs. 10,00,000/- Each and 230 - Secured Redeemable Non-Convertible Debentures Series XVII - E Having The Face Value Of Rs. 10,00,000/- Each, Aggregating To Rs. 25,00,00,000/- (Rupees Twenty Five Crore Only) on private placement basis.

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VIP Clothing gets revision in ratings for bank facilities
May 16,2017

VIP Clothing announced that CRISIL has affirmed the ratings on bank facilities however, the outlook of the rating has changed from negative to rating watch with positive implications as under-

Total bank facilities rated - Rs 123.4 crore

Long term rating - CRISIL BBB-
Short term rating - CRISIL A3

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Bharat Heavy Electricals gets ratings assigned for bank facilities
May 16,2017

Bharat Heavy Electricals announced that CARE Ratings has assigned the following ratings for the bank facilities of BHEL:

Long Term Fund Based Bank Facilities: CARE AA+; Stable [Double A Plus; Outlook: Stable]

Long & Short Term Non-Fund Based Bank Facilities: CARE AA+; Stable/ CARE A1+ [Double A Plus; Outlook: Stable / A One Plus]

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Hatsun Agro Product gets reaffirmation of credit ratings for bank facilities
May 16,2017

Hatsun Agro Product announced that CRISIL has reaffirmed its ratings for bank facilities as follows -

Long term rating as CRISIL A/ Stable
Short term rating as CRISIL A1

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Board of Manali Petrochemicals approves change in directorate
May 16,2017

Manali Petrochemicals announced that the Board of Directors of the Company at the meeting held on 16 May 2017 has appointed C Subash Chandra Bose (DIN: 06586982) as an Additional Director and Wholetime Director (Works) with effect from 28 May 2017, in the place of G Balasubramanian (DIN: 06874838), who will retire effective close of work on 27 May 2017.

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Kabra Extrusion Technik appoints directors
May 16,2017

Kabra Extrusion Technik announced the appointment of Ekta A. Kabra and Boman Moradian as directors of the Company on 16 May 2017.

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Melstar Information Technologies director resigns
May 16,2017

Melstar Information Technologies announced the resignation of VijayKumar Himatlal Modi from the post of Director of the Company with effect from 15 May 2017.

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Agarwal Industrial Corporation commissions its expansion project at Dighi Port
May 16,2017

Agarwal Industrial Corporation announced the commissioning of its major expansion project constructed with latest state of art technology being first at Dighi Port in Raigad District of Maharashtra and acquiring bulk bitumen storage facilities at Kakinada Port in Andhra Pradesh and Haldia Port in West Bengal having huge storage capacity for facilitating handling of large quantities of imports of bitumen.

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Whirlpool of India to pay dividend
May 16,2017

Whirlpool of India announced that dividend, if approved by the shareholders, will be paid on or before 17 October 2017.

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Rane (Madras) fixes record date for final dividend
May 16,2017

Rane (Madras) has fixed 17 August 2017 as record date for payment of final dividend. The dividend will be paid on 31 August 2017.

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Chemfab Alkalis fixes record date for scheme of amalgamation
May 16,2017

Chemfab Alkalis announced that the Record date for determining the eligible shareholders of the merged entity viz., Chemfab Alkalis for allotment of shares of the Company, on the basis of the swap ratio ( 10 Equity Share of Rs.10/- each in Teamec Chlorates credited as fully paid up for every 7 Equity Shares of Rs. 5 each fully paid up and held by such member in the merged entity Chemfab Alkalis) as per the Scheme of Amalgamation approved by NCLT has been fixed as Friday, the 26 May 2017.

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TCFC Finance reports standalone net loss of Rs 9.86 crore in the March 2017 quarter
May 16,2017

Net loss of TCFC Finance reported to Rs 9.86 crore in the quarter ended March 2017 as against net profit of Rs 1.51 crore during the previous quarter ended March 2016. Sales declined 87.38% to Rs 7.47 crore in the quarter ended March 2017 as against Rs 59.17 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 7.09 crore in the year ended March 2017 as against net profit of Rs 3.43 crore during the previous year ended March 2016. Sales declined 55.92% to Rs 86.50 crore in the year ended March 2017 as against Rs 196.23 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales7.4759.17 -87 86.50196.23 -56 OPM %18.342.99 -5.432.06 - PBDT1.371.85 -26 4.704.12 14 PBT1.361.84 -26 4.674.08 14 NP-9.861.51 PL -7.093.43 PL

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