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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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GRP appoints CFO and announces change in KMP
Nov 11,2016

GRP announced that Sanjay Bafna has been appointed as Chief Financial Officer of the Company with effect from 10 November 2016.

Further, Ganesh Ghangurde who is the existing President, Chief Financial Officer and Company Secretary has been redesignated as President and Company Secretary with effect from 10 November 2016.

Both the above changes have been approved at the Board Meeting of the Company held on 10 November 2016.

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Tirupati Inks to announce September quarter and half year results
Nov 11,2016

Tirupati Inks announced that the meeting of the Board of Directors of the Company is scheduled to be held on 12 November 2016, inter alia, to consider and approve the Unaudited Financial Results of the Company, for the Quarter and Half Year Ended 30 September 2016.

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Volumes jump at Apcotex Industries counter
Nov 11,2016

Apcotex Industries clocked volume of 7.73 lakh shares by 14:06 IST on BSE, a 160.25-times surge over two-week average daily volume of 5,000 shares. The stock rose 1.66% at Rs 333.90.

Bata India notched up volume of 2.61 lakh shares, a 8.79-fold surge over two-week average daily volume of 30,000 shares. The stock was down 5.85% at Rs 434.65.

Greenlam Industries saw volume of 1 lakh shares, a 6.67-fold surge over two-week average daily volume of 15,000 shares. The stock tumbled 5% at Rs 698.

Pidilite Industries clocked volume of 1.90 lakh shares, a 4.27-fold surge over two-week average daily volume of 44,000 shares. The stock was down 4.04% at Rs 640.70.

Yes Bank saw volume of 7.53 lakh shares, a 3.7-fold rise over two-week average daily volume of 2.03 lakh shares. The stock tumbled 5% at Rs 1,226.20.

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M&M drops after reporting Q2 results
Nov 11,2016

The result was announced during market hours today, 11 November 2016.

Meanwhile, the S&P BSE Sensex was down 472.18 points or 1.72% at 27,055.09.

More than usual volumes were witnessed on the counter. On BSE, so far 90,592 shares were traded in the counter as against average daily volume of 67,127 shares in the past one quarter. The stock hit a high of Rs 1,318 and a low of Rs 1,285.20 so far during the day. The stock had hit a record high of Rs 1,508.80 on 9 August 2016. The stock had hit a 52-week low of Rs 1,092 on 12 February 2016. The stock underperformed the market over the past one month till 10 November 2016, declining 4.12% compared with 2.01% fall in the Sensex. The scrip also underperformed the market in past one quarter, shedding 8.74% as against Sensexs 0.93% fall.

The large-cap company has equity capital of Rs 310.55 crore. Face value per share is Rs 5.

M&M enjoys a leadership position in tractors and utility vehicles in India.

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Siddhi Vinayak Shipping Corporation to announce September half year results
Nov 11,2016

Siddhi Vinayak Shipping Corporation announced that the Meeting of the Board of Directors of the Company will be held on 14 November 2016to inter alia consider and approve the unaudited financial result for the half year ended as on 30 September 2016.

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Maithan Alloys intimates of suspension of production at its Byrnihat Unit
Nov 11,2016

Maithan Alloys announced that captive power plant of the Companys Byrnihat Unit (Meghalaya) catering power requirement of the unit, had developed a snag resulting in stoppage of the production.

On inspection it has been ascertained that boiler tubes have leaked and it is estimated that production in the unit shall remain suspended for about a month.

The Byrnihat Unit contributes around 10% of the total revenue of the Company.

There is no insurance cover for the loss of production.

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Inventure Growth & Securities reports standalone net profit of Rs 3.42 crore in the September 2016 quarter
Nov 11,2016

Net profit of Inventure Growth & Securities reported to Rs 3.42 crore in the quarter ended September 2016 as against net loss of Rs 5.36 crore during the previous quarter ended September 2015. Sales rose 12.96% to Rs 3.05 crore in the quarter ended September 2016 as against Rs 2.70 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales3.052.70 13 OPM %158.36-211.85 - PBDT5.28-5.26 LP PBT5.07-5.48 LP NP3.42-5.36 LP

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Asit C Mehta Financial Services reports standalone net profit of Rs 0.04 crore in the September 2016 quarter
Nov 11,2016

Net profit of Asit C Mehta Financial Services reported to Rs 0.04 crore in the quarter ended September 2016 as against net loss of Rs 0.71 crore during the previous quarter ended September 2015. Sales rose 218.87% to Rs 1.69 crore in the quarter ended September 2016 as against Rs 0.53 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales1.690.53 219 OPM %76.9228.30 - PBDT0.38-0.63 LP PBT0.04-0.74 LP NP0.04-0.71 LP

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State Bank of India consolidated net profit declines 99.59% in the September 2016 quarter
Nov 11,2016

Net profit of State Bank of India declined 99.59% to Rs 20.70 crore in the quarter ended September 2016 as against Rs 4991.70 crore during the previous quarter ended September 2015. Total Operating Income rose 2.38% to Rs 56287.87 crore in the quarter ended September 2016 as against Rs 54977.28 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Total Operating Income56287.8754977.28 2 OPM %35.5057.43 - PBDT-190.677747.23 PL PBT-190.677747.23 PL NP20.704991.70 -100

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Haldyn Glass standalone net profit rises 632.50% in the September 2016 quarter
Nov 11,2016

Net profit of Haldyn Glass rose 632.50% to Rs 2.93 crore in the quarter ended September 2016 as against Rs 0.40 crore during the previous quarter ended September 2015. Sales rose 46.63% to Rs 46.38 crore in the quarter ended September 2016 as against Rs 31.63 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales46.3831.63 47 OPM %16.025.91 - PBDT7.211.95 270 PBT4.430.54 720 NP2.930.40 633

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Kandagiri Spinning Mills reports standalone net loss of Rs 4.30 crore in the September 2016 quarter
Nov 11,2016

Net Loss of Kandagiri Spinning Mills reported to Rs 4.30 crore in the quarter ended September 2016 as against net loss of Rs 1.81 crore during the previous quarter ended September 2015. Sales declined 59.18% to Rs 17.83 crore in the quarter ended September 2016 as against Rs 43.68 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales17.8343.68 -59 OPM %4.886.78 - PBDT-2.390.03 PL PBT-4.30-1.86 -131 NP-4.30-1.81 -138

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Eureka Industries reports standalone net loss of Rs 0.01 crore in the September 2016 quarter
Nov 11,2016

Net loss of Eureka Industries reported to Rs 0.01 crore in the quarter ended September 2016. There were no net profit/loss reported 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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Gujarat Cotex reports standalone net loss of Rs 0.01 crore in the September 2016 quarter
Nov 11,2016

Net Loss of Gujarat Cotex reported to Rs 0.01 crore in the quarter ended September 2016 as against net loss of Rs 0.02 crore during the previous quarter ended September 2015. Sales reported to Rs 3.97 crore in the quarter ended September 2016. There were no Sales reported during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales3.970 0 OPM %-0.250 - PBDT-0.01-0.02 50 PBT-0.01-0.02 50 NP-0.01-0.02 50

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State Bank of India standalone net profit declines 34.56% in the September 2016 quarter
Nov 11,2016

Net profit of State Bank of India declined 34.56% to Rs 2538.32 crore in the quarter ended September 2016 as against Rs 3879.07 crore during the previous quarter ended September 2015. Total Operating Income rose 4.09% to Rs 42318.85 crore in the quarter ended September 2016 as against Rs 40657.56 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Total Operating Income42318.8540657.56 4 OPM %53.8464.23 - PBDT3327.605905.29 -44 PBT3327.605905.29 -44 NP2538.323879.07 -35

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Bharat Agri Fert & Realty reports standalone net profit of Rs 0.60 crore in the September 2016 quarter
Nov 11,2016

Net profit of Bharat Agri Fert & Realty reported to Rs 0.60 crore in the quarter ended September 2016 as against net loss of Rs 1.01 crore during the previous quarter ended September 2015. Sales rose 5.84% to Rs 8.70 crore in the quarter ended September 2016 as against Rs 8.22 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales8.708.22 6 OPM %14.14-6.45 - PBDT1.18-0.47 LP PBT0.58-0.99 LP NP0.60-1.01 LP

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