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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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Parag Milk Foods consolidated net profit rises 47.73% in the September 2016 quarter
Nov 10,2016

Net profit of Parag Milk Foods rose 47.73% to Rs 14.33 crore in the quarter ended September 2016 as against Rs 9.70 crore during the previous quarter ended September 2015. Sales rose 0.69% to Rs 472.84 crore in the quarter ended September 2016 as against Rs 469.60 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales472.84469.60 1 OPM %7.988.82 - PBDT33.6726.56 27 PBT22.1720.15 10 NP14.339.70 48

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Motherson Sumi Systems consolidated net profit rises 26.17% in the September 2016 quarter
Nov 10,2016

Net profit of Motherson Sumi Systems rose 26.17% to Rs 479.85 crore in the quarter ended September 2016 as against Rs 380.32 crore during the previous quarter ended September 2015. Sales rose 14.96% to Rs 10018.09 crore in the quarter ended September 2016 as against Rs 8714.49 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales10018.098714.49 15 OPM %10.0510.08 - PBDT913.24779.07 17 PBT648.93521.81 24 NP479.85380.32 26

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Odyssey Technologies standalone net profit rises 33.33% in the September 2016 quarter
Nov 10,2016

Net profit of Odyssey Technologies rose 33.33% to Rs 0.68 crore in the quarter ended September 2016 as against Rs 0.51 crore during the previous quarter ended September 2015. Sales rose 21.59% to Rs 2.76 crore in the quarter ended September 2016 as against Rs 2.27 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales2.762.27 22 OPM %34.7831.28 - PBDT1.090.84 30 PBT1.020.74 38 NP0.680.51 33

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Motherson Sumi Systems standalone net profit declines 0.48% in the September 2016 quarter
Nov 10,2016

Net profit of Motherson Sumi Systems declined 0.48% to Rs 197.97 crore in the quarter ended September 2016 as against Rs 198.93 crore during the previous quarter ended September 2015. Sales rose 17.88% to Rs 1556.50 crore in the quarter ended September 2016 as against Rs 1320.41 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales1556.501320.41 18 OPM %20.9820.88 - PBDT335.73327.65 2 PBT286.58277.32 3 NP197.97198.93 0

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Board of I G Petrochemicals decides to acquire from Mysore Petro Chemicals Maleic Anhydride Business
Nov 10,2016

I G Petrochemicals announced that its Board of Directors have, subject to approval of shareholders, decided to purchase from Mysore Petro Chemicals (Part of the same promoter group and a related party) the Maleic Anhydride Business on slump sale basis at a lumpsum consideration of Rs 74.48 crore payable in one or more tranches.

Presently, Mysore Petro Chemicals is the only company engaged in the manufacture of Maleic Anhydride in India and the raw material for the same i.e. wash water is being supplied by the Company.

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Board of I G Petrochemicals decides to acquire Mysore Petro Chemicals Maleic Anhydride Business
Nov 10,2016

I G Petrochemicals announced that its Board of Directors have, subject to approval of shareholders, decided to purchase from Mysore Petro Chemicals (Part of the same promoter group and a related party) the Maleic Anhydride Business on slump sale basis at a lumpsum consideration of Rs 74.48 crore payable in one or more tranches.

Presently, Mysore Petro Chemicals is the only company engaged in the manufacture of Maleic Anhydride in India and the raw material for the same i.e. wash water is being supplied by the Company.

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Parag Milk Foods gets healthier after reporting good Q2 results
Nov 10,2016

The result was announced after market hours yesterday, 9 November 2016.

Meanwhile, the S&P BSE Sensex was up 445.73 points, or 1.64%, to 27,698.26.

On BSE, so far 12,029 shares were traded in the counter, compared with average daily volume of 48,838 shares in the past one quarter. The stock hit a high of Rs 318.10 and a low of Rs 308.50 so far during the day. The stock hit a record high of Rs 356.70 on 13 July 2016. The stock hit a record low of Rs 202.10 on 13 July 2016. The stock outperformed the market over the past one month till 9 November 2016, rising 0.28% compared with the Sensexs 2.88% fall. The scrip however underperformed the market in past one quarter, falling 8.98% as against the Sensexs 2.96% decline.

The mid-cap company has an equity capital of Rs 84.11 crore. Face value per share is Rs 10.

Parag Milk Foods earnings before interest, taxes, depreciation and amortization (EBITDA) margin dropped 0.84% to 8% in Q2 September 2016 from 8.8% in Q2 September 2015. Net profit margin rose 0.97% to 3% in Q2 September 2016 from 2.1% in Q2 September 2015. Net profit margin improved substantially on account of savings in finance cost of 56% in Q2 September 2016 due to partial repayment of borrowings in Q1 June 2016. Growth in revenues in Q2 September 2016 was relatively flat due to degrowth in skimmed milk powder and slowdown in rural demand. However export business witnessed good traction.

Parag Milk Foods manufactures a diverse range of products including cheese, ghee (clarified butter), fresh milk, whey proteins, paneer, curd, yoghurt, milk powders and dairy based beverages targeting a wide range of consumer groups through several brands.

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Board of Pritish Nandy Communications approves change in company secretary
Nov 10,2016

The Board of Pritish Nandy Communications at its meeting held on 09 November 2016 approved resignation of Vikas Shaw as Company Secretary and appoints Santosh Gharat as Company Secretary.

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S & S Power Switchgear reports consolidated net loss of Rs 0.71 crore in the September 2016 quarter
Nov 10,2016

Net loss of S & S Power Switchgear reported to Rs 0.71 crore in the quarter ended September 2016 as against net profit of Rs 0.22 crore during the previous quarter ended September 2015. Sales declined 11.48% to Rs 25.53 crore in the quarter ended September 2016 as against Rs 28.84 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales25.5328.84 -11 OPM %-1.453.74 - PBDT-0.840.46 PL PBT-1.140.17 PL NP-0.710.22 PL

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Raj Oil Mills reports standalone net loss of Rs 1.95 crore in the September 2016 quarter
Nov 10,2016

Net Loss of Raj Oil Mills reported to Rs 1.95 crore in the quarter ended September 2016 as against net loss of Rs 1.02 crore during the previous quarter ended September 2015. Sales declined 14.39% to Rs 15.05 crore in the quarter ended September 2016 as against Rs 17.58 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales15.0517.58 -14 OPM %-3.851.71 - PBDT-0.660.30 PL PBT-1.95-1.02 -91 NP-1.95-1.02 -91

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V B Industries standalone net profit rises 130.30% in the September 2016 quarter
Nov 10,2016

Net profit of V B Industries rose 130.30% to Rs 0.76 crore in the quarter ended September 2016 as against Rs 0.33 crore during the previous quarter ended September 2015. Sales rose 0.27% to Rs 40.92 crore in the quarter ended September 2016 as against Rs 40.81 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales40.9240.81 0 OPM %1.860.81 - PBDT0.760.33 130 PBT0.760.33 130 NP0.760.33 130

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Greencrest Financial Services standalone net profit rises 1060.00% in the September 2016 quarter
Nov 10,2016

Net profit of Greencrest Financial Services rose 1060.00% to Rs 6.96 crore in the quarter ended September 2016 as against Rs 0.60 crore during the previous quarter ended September 2015. Sales reported to Rs 7.14 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. Sales7.140 0 OPM %97.480 - PBDT6.960.60 1060 PBT6.960.60 1060 NP6.960.60 1060

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Anukaran Commercial Enterprises reports standalone nil net profit/loss in the September 2016 quarter
Nov 10,2016

Anukaran Commercial Enterprises reported no net profit/loss in the quarter ended September 2016 and 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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JMD Telefilms Industries reports standalone nil net profit/loss in the September 2016 quarter
Nov 10,2016

JMD Telefilms Industries reported no net profit/loss in the quarter ended September 2016 as against net profit of Rs 0.41 crore during the previous quarter ended September 2015. Sales declined 72.72% to Rs 11.58 crore in the quarter ended September 2016 as against Rs 42.45 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales11.5842.45 -73 OPM %0.52-0.14 - PBDT0.060.49 -88 PBT00.41 -100 NP00.41 -100

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Narayana Hrudayalaya provides operations update
Nov 10,2016

The Board of Narayana Hrudayalaya has approved cessation of operations at its Berhampore unit on 09 November 2016.

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