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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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Issuance of the new series of Rs. 500/- notes commenced
Nov 14,2016

The Union Finance Ministry today reviewed the position regarding availability and distribution of all denomination of bank notes. Some of the highlights of the review and the decisions taken are as follows:-

1. In the first four days ( from November 10th to 13th , upto 5 pm ) about Rs 3.0 lacs crores of old Rs.500/- and Rs.1000/- bank notes have been deposited in the banking system and about Rs.50,000 crores has been dispensed to customers by either withdrawal from their accounts or withdrawal from ATMs or by exchange at the counter. Within these four days, the banking system has handled about 18 crore transactions.

2. Coordination is being continuously done by Ministry of Finance with RBI, Banks and Post Offices to make all denomination notes available at all locations.

3. Instructions have been given to the Banks and Post Offices to ensure proper distribution of all denomination notes. Banks have also been especially advised to ensure the availability and distribution of small denomination notes.

4. Chief Secretaries of the States have been requested to identify the rural pockets, if any, where availability of cash has been a problem and provide all support to the Banks and Post Offices in order to ensure the last mile distribution of small denomination of notes is done through mobile banking vans and Banking Correspondents (BCs).

5. It has been reported that certain business houses viz. Hospitals , Caterers , Tent houses etc. are not accepting Cheques/Demand Drafts and online payment transfer from customers. It is advised that in such cases customer can make a complaint to the concerned District Magistrates/District Administration for action against such establishments.

6. Government of Assam has arranged a Mobile Banking Vans with support of Banks and State Government Staff at certain Hospitals for carrying out emergency banking transactions. All Banks have now been advised to arrange mobile banking vans to the extent possible at major hospitals to carry out emergency banking transaction for patients.

7. Banks have been advised to make arrangements for separate queues for Senior citizens and Divyang persons. Separate queues will also be arranged for exchange of cash to cash and transactions against Bank accounts.

8. Government of Arunachal Pradesh has made special arrangements like cash deposits /withdrawal and opening of new bank accounts in the remotely located areas with the help of Banks and State Government staff. State Governments have been requested to facilitate opening of new Bank accounts as a part of financial inclusion programme.

9. The issuance of the new series of Rs.500/- notes has already commenced.

10. Banks have been advised to increase the Business Correspondents limit of dispensing cash to Rs.2500/- for withdrawal from bank accounts.

11. Banks have been advised to increase the exchange limit over the counter from the existing Rs.4000/- to Rs.4500/-.

12. Banks have been advised to increase the Cash Withdrawal limit at ATMs from the existing Rs.2000/- to Rs.2500/- per day in the recalibrated ATMs, other ATMs will continue to dispense Rs.50/- and Rs.100/- notes until they are recalibrated.

13. The weekly limit of Rs.20,000/- for withdrawal from Bank accounts has been increased to Rs.24,000/-. The limit of Rs.10,000/- per day has been removed.

14. Banks have been advised to increase the issuance and use of mobile wallets and debit/credit cards as also to provide them to those customers and establishments not having access to these non-cash means of payment

15. The last date for submission of the annual life certificate for the Government Pensioners which is to be submitted in November every year has been extended up to January 15, 2017.

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Issuance of the new series of Rs. 500/- notes commences
Nov 14,2016

The Union Finance Ministry reviewed the position regarding availability and distribution of all denomination of bank notes. Some of the highlights of the review and the decisions taken are as follows:-

1. In the first four days ( from November 10th to 13th , upto 5 pm ) about Rs 3.0 lacs crores of old Rs.500/- and Rs.1000/- bank notes have been deposited in the banking system and about Rs.50,000 crores has been dispensed to customers by either withdrawal from their accounts or withdrawal from ATMs or by exchange at the counter. Within these four days, the banking system has handled about 18 crore transactions.

2. Coordination is being continuously done by Ministry of Finance with RBI, Banks and Post Offices to make all denomination notes available at all locations.

3. Instructions have been given to the Banks and Post Offices to ensure proper distribution of all denomination notes. Banks have also been especially advised to ensure the availability and distribution of small denomination notes.

4. Chief Secretaries of the States have been requested to identify the rural pockets, if any, where availability of cash has been a problem and provide all support to the Banks and Post Offices in order to ensure the last mile distribution of small denomination of notes is done through mobile banking vans and Banking Correspondents (BCs).

5. It has been reported that certain business houses viz. Hospitals , Caterers , Tent houses etc. are not accepting Cheques/Demand Drafts and online payment transfer from customers. It is advised that in such cases customer can make a complaint to the concerned District Magistrates/District Administration for action against such establishments.

6. Government of Assam has arranged Mobile Banking Vans with support of Banks and State Government Staff at certain Hospitals for carrying out emergency banking transactions. All Banks have now been advised to arrange mobile banking vans to the extent possible at major hospitals to carry out emergency banking transaction for patients.

7. Banks have been advised to make arrangements for separate queues for Senior citizens and Divyang persons. Separate queues will also be arranged for exchange of cash to cash and transactions against Bank accounts.

8. Government of Arunachal Pradesh has made special arrangements like cash deposits /withdrawal and opening of new bank accounts in the remotely located areas with the help of Banks and State Government staff. State Governments have been requested to facilitate opening of new Bank accounts as a part of financial inclusion programme.

9. The issuance of the new series of Rs.500/- notes has already commenced.

10. Banks have been advised to increase the Business Correspondents limit of dispensing cash to Rs.2500/- for withdrawal from bank accounts.

11. Banks have been advised to increase the exchange limit over the counter from the existing Rs.4000/- to Rs.4500/-.

12. Banks have been advised to increase the Cash Withdrawal limit at ATMs from the existing Rs.2000/- to Rs.2500/- per day in the recalibrated ATMs, other ATMs will continue to dispense Rs.50/- and Rs.100/- notes until they are recalibrated.

13. The weekly limit of Rs.20,000/- for withdrawal from Bank accounts has been increased to Rs.24,000/-. The limit of Rs.10,000/- per day has been removed.

14. Banks have been advised to increase the issuance and use of mobile wallets and debit/credit cards as also to provide them to those customers and establishments not having access to these non-cash means of payment

15. The last date for submission of the annual life certificate for the Government Pensioners which is to be submitted in November every year has been extended up to January 15, 2017.

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Mahaveer Infoway consolidated net profit declines 87.50% in the September 2016 quarter
Nov 12,2016

Net profit of Mahaveer Infoway declined 87.50% to Rs 0.02 crore in the quarter ended September 2016 as against Rs 0.16 crore during the previous quarter ended September 2015. Sales declined 40.52% to Rs 3.20 crore in the quarter ended September 2016 as against Rs 5.38 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales3.205.38 -41 OPM %4.068.36 - PBDT0.040.17 -76 PBT0.020.16 -88 NP0.020.16 -88

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Panama Petrochem consolidated net profit rises 71.99% in the September 2016 quarter
Nov 12,2016

Net profit of Panama Petrochem rose 71.99% to Rs 9.70 crore in the quarter ended September 2016 as against Rs 5.64 crore during the previous quarter ended September 2015. Sales rose 0.86% to Rs 193.34 crore in the quarter ended September 2016 as against Rs 191.70 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales193.34191.70 1 OPM %9.546.11 - PBDT16.639.61 73 PBT15.418.47 82 NP9.705.64 72

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Rollatainers reports consolidated net loss of Rs 8.32 crore in the September 2016 quarter
Nov 12,2016

Net Loss of Rollatainers reported to Rs 8.32 crore in the quarter ended September 2016 as against net loss of Rs 2.76 crore during the previous quarter ended September 2015. Sales rose 54.72% to Rs 38.54 crore in the quarter ended September 2016 as against Rs 24.91 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales38.5424.91 55 OPM %-10.35-6.74 - PBDT-3.91-1.63 -140 PBT-8.86-2.76 -221 NP-8.32-2.76 -201

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Grandeur Products reports standalone net loss of Rs 0.06 crore in the September 2016 quarter
Nov 12,2016

Net loss of Grandeur Products reported to Rs 0.06 crore in the quarter ended September 2016 as against net profit of Rs 0.05 crore during the previous quarter ended September 2015. There were no Sales reported in the quarter ended September 2016 as against Rs 8.63 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales08.63 -100 OPM %00.81 - PBDT-0.060.07 PL PBT-0.060.07 PL NP-0.060.05 PL

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Vardhman Special Steels standalone net profit rises 1541.03% in the September 2016 quarter
Nov 12,2016

Net profit of Vardhman Special Steels rose 1541.03% to Rs 6.40 crore in the quarter ended September 2016 as against Rs 0.39 crore during the previous quarter ended September 2015. Sales rose 1.29% to Rs 169.23 crore in the quarter ended September 2016 as against Rs 167.07 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales169.23167.07 1 OPM %9.965.29 - PBDT10.904.53 141 PBT6.400.39 1541 NP6.400.39 1541

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POCL Enterprises standalone net profit rises 2966.67% in the September 2016 quarter
Nov 12,2016

Net profit of POCL Enterprises rose 2966.67% to Rs 1.84 crore in the quarter ended September 2016 as against Rs 0.06 crore during the previous quarter ended September 2015. Sales rose 52.51% to Rs 74.79 crore in the quarter ended September 2016 as against Rs 49.04 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales74.7949.04 53 OPM %3.662.77 - PBDT1.580.31 410 PBT1.340.09 1389 NP1.840.06 2967

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Mahaveer Infoway standalone net profit declines 50.00% in the September 2016 quarter
Nov 12,2016

Net profit of Mahaveer Infoway declined 50.00% to Rs 0.01 crore in the quarter ended September 2016 as against Rs 0.02 crore during the previous quarter ended September 2015. Sales declined 35.69% to Rs 3.19 crore in the quarter ended September 2016 as against Rs 4.96 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales3.194.96 -36 OPM %4.086.05 - PBDT0.030.03 0 PBT0.010.02 -50 NP0.010.02 -50

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Landmark Property Development Company standalone net profit declines 38.89% in the September 2016 quarter
Nov 12,2016

Net profit of Landmark Property Development Company declined 38.89% to Rs 0.11 crore in the quarter ended September 2016 as against Rs 0.18 crore during the previous quarter ended September 2015. Sales rose 4.69% to Rs 0.67 crore in the quarter ended September 2016 as against Rs 0.64 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.670.64 5 OPM %4.486.25 - PBDT0.120.20 -40 PBT0.120.20 -40 NP0.110.18 -39

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Rupa & Company standalone net profit declines 27.02% in the September 2016 quarter
Nov 12,2016

Net profit of Rupa & Company declined 27.02% to Rs 21.23 crore in the quarter ended September 2016 as against Rs 29.09 crore during the previous quarter ended September 2015. Sales rose 0.75% to Rs 270.69 crore in the quarter ended September 2016 as against Rs 268.68 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales270.69268.68 1 OPM %13.9912.94 - PBDT36.4130.25 20 PBT32.6426.66 22 NP21.2329.09 -27

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Blue Chip India reports standalone net loss of Rs 0.10 crore in the September 2016 quarter
Nov 12,2016

Net Loss of Blue Chip India reported to Rs 0.10 crore in the quarter ended September 2016 as against net loss of Rs 0.08 crore during the previous quarter ended September 2015. Sales declined 95.12% to Rs 0.02 crore in the quarter ended September 2016 as against Rs 0.41 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.020.41 -95 OPM %-450.00-19.51 - PBDT-0.09-0.08 -13 PBT-0.10-0.08 -25 NP-0.10-0.08 -25

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Shreevatsaa Finance & Leasing reports standalone net loss of Rs 0.16 crore in the September 2016 quarter
Nov 12,2016

Net Loss of Shreevatsaa Finance & Leasing reported to Rs 0.16 crore in the quarter ended September 2016 as against net loss of Rs 0.09 crore during the previous quarter ended September 2015. Sales rose 966.67% to Rs 0.32 crore in the quarter ended September 2016 as against Rs 0.03 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.320.03 967 OPM %-50.00-300.00 - PBDT-0.16-0.09 -78 PBT-0.16-0.09 -78 NP-0.16-0.09 -78

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Shree Mahaganga Sugar Mills reports standalone net loss of Rs 0.03 crore in the September 2016 quarter
Nov 12,2016

Net Loss of Shree Mahaganga Sugar Mills reported to Rs 0.03 crore in the quarter ended September 2016 as against net loss of Rs 0.01 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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Alankit standalone net profit rises 121.62% in the September 2016 quarter
Nov 12,2016

Net profit of Alankit rose 121.62% to Rs 1.64 crore in the quarter ended September 2016 as against Rs 0.74 crore during the previous quarter ended September 2015. Sales rose 750.23% to Rs 18.62 crore in the quarter ended September 2016 as against Rs 2.19 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales18.622.19 750 OPM %16.3851.14 - PBDT3.051.12 172 PBT2.691.04 159 NP1.640.74 122

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