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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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Board of SBEC SUGAR approves scheme of amalgamation
Jul 28,2017

The Board of Directors of SBEC SUGAR at its meeting held on 28 July 2017 have considered and approved the scheme of amalgamation for merger of SBEC Bioenergy (transferor company) with SBEC SUGAR.

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Board of Automotive Stampings & Assemblies appoints CFO
Jul 28,2017

Automotive Stampings & Assemblies announced that the Board of Directors of the company at its meeting held on 28 July 2017 approved the appointment of Anubhav Maheshwari as CFO with effect from 28 July 2017.

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Consumer Grievance Redressal System in the Country
Jul 28,2017

Under the provisions of the Consumer Protection Act, 1986, there is a three-tier quasi-judicial mechanism in place for redressal of consumer grievances. These are District Fora at the districts, State Consumer Disputes Redressal Commission in States and the National Consumer Disputes Redressal Commission at the Centre.

The National Consumer Disputes Redressal Commission holds circuit bench sitting from time to time at different state capitals to expedite the process of adjudication.

As an alternative means of redressal, consumers can also lodge complaints with the National Consumer Helplines (NCH). There are around 250 companies which have partnered with NCH for redressal of consumer grievances. Complaints received against these companies are referred to them for redressal.

In terms of the BIS Act, 1986, the Bureau of Indian Standards has been established for the harmonious development of the activities of standardisation, and marking and quality certification of goods etc. The Bureau has powers to grant, renew, suspend or cancel a licence for use of the standard mark and inter alia, make inspections and collect samples to see conformity with the Indian standard as also whether the standard mark has been improperly used.

The Department has introduced Consumer Protection Bill, 2015 in the Lok Sabha in August, 2015, which contains a number of provisions for strengthening the consumer grievance redressal mechanism. A new BIS Act, 2016 has also been notified.

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Jindal Stainless (Hisar) to conduct board meeting
Jul 28,2017

Jindal Stainless (Hisar) will hold a meeting of the Board of Directors of the Company on 7 August 2017.

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ABC Bearings to conduct board meeting
Jul 28,2017

ABC Bearings will hold a meeting of the Board of Directors of the Company on 4 August 2017, to approve the unaudited Financial Results for the quarter ended June 30, 2017

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Sparc Systems to conduct board meeting
Jul 28,2017

Sparc Systems will hold a meeting of the Board of Directors of the Company on 14 August 2017, to approve the Unaudited Financial Results for the quarter ended June 30, 2017,

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Kiduja India to conduct board meeting
Jul 28,2017

Kiduja India will hold a meeting of the Board of Directors of the Company on 8 October 2017, to approve the Unaudited Financial Results for the quarter ended 30th June, 2017.

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Integra Switchgear to table results
Jul 28,2017

Integra Switchgear will hold a meeting of the Board of Directors of the Company on 4 August 2017, to approve un-audited financial result for the quarter ended 30.06.2017.

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Bhandari Hosiery Exports to hold board meeting
Jul 28,2017

Bhandari Hosiery Exports will hold a meeting of the Board of Directors of the Company on 8 August 2017.

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IL&FS Transportation Networks emerges lowest bidder for NHIDC project in J&K
Jul 28,2017

IL&FS Transportation Networks announced that it has emerged as the Lowest Bidder for a bid submitted to the National Highways & Infrastructure Development Corporation for Construction, Operation and Maintenance of 2-Lane Bi-Directional Zojila Tunnel with Parallel Escape Tunnel on Srinagar-Leh Section in the State of Jammu & Kashmir on Engineering, Procurement and Construction (EPC) mode. The Company had quoted an amount of Rs. 4,899.42 crore to be constructed in a period of 2,555 days (7 years).

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Alstone Textiles (India) schedules board meeting
Jul 28,2017

Alstone Textiles (India) will hold a meeting of the Board of Directors of the Company on 10 August 2017, to approve the Unaudited Quarterly Financial Results as per regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 of the Company for the Quarter ended on 30th June,2017

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Modex International Securities to conduct board meeting
Jul 28,2017

Modex International Securities will hold a meeting of the Board of Directors of the Company on 9 August 2017.

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Bank of Baroda announces board meeting date
Jul 28,2017

Bank of Baroda will hold a meeting of the Board of Directors of the Company on 11 August 2017, for approval of Un-audited (Reviewed) Standalone Financial Results for the Q1 of FY 2017-18.

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Vinyoflex AGM scheduled
Jul 28,2017

Vinyoflex announced that the Annual General Meeting (AGM) of the company will be held on 21 September 2017.

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APM Industries schedules board meeting
Jul 28,2017

APM Industries will hold a meeting of the Board of Directors of the Company on 11 August 2017, to approve and take on record the Unaudited Financial Results for the quarter ended June 30, 2017.

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