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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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Link House Industries reports standalone net loss of Rs 0.01 crore in the December 2016 quarter
Feb 16,2017

Net loss of Link House Industries reported to Rs 0.01 crore in the quarter ended December 2016 as against net profit of Rs 0.01 crore during the previous quarter ended December 2015. Sales reported to Rs 0.44 crore in the quarter ended December 2016. There were no Sales reported during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0.440 0 OPM %-9.090 - PBDT-0.010.02 PL PBT-0.010.02 PL NP-0.010.01 PL

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Konark Synthetic reports standalone net loss of Rs 0.83 crore in the December 2016 quarter
Feb 16,2017

Net loss of Konark Synthetic reported to Rs 0.83 crore in the quarter ended December 2016 as against net profit of Rs 0.07 crore during the previous quarter ended December 2015. Sales rose 20.51% to Rs 27.68 crore in the quarter ended December 2016 as against Rs 22.97 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales27.6822.97 21 OPM %4.088.36 - PBDT0.121.08 -89 PBT-0.700.07 PL NP-0.830.07 PL

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NB Footwear reports standalone net loss of Rs 0.01 crore in the December 2016 quarter
Feb 16,2017

Net Loss of NB Footwear reported to Rs 0.01 crore in the quarter ended December 2016 as against net loss of Rs 0.03 crore during the previous quarter ended December 2015. There were no Sales reported in the quarter ended December 2016 and during the previous quarter ended December 2015.

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NRC reports standalone net loss of Rs 2.55 crore in the December 2016 quarter
Feb 16,2017

Net Loss of NRC reported to Rs 2.55 crore in the quarter ended December 2016 as against net loss of Rs 1.97 crore during the previous quarter ended December 2015. There were no Sales reported in the quarter ended December 2016 and during the previous quarter ended December 2015.

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Minda Corporation consolidated net profit declines 36.29% in the December 2016 quarter
Feb 16,2017

Net profit of Minda Corporation declined 36.29% to Rs 20.10 crore in the quarter ended December 2016 as against Rs 31.55 crore during the previous quarter ended December 2015. Sales rose 9.66% to Rs 712.93 crore in the quarter ended December 2016 as against Rs 650.12 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales712.93650.12 10 OPM %3.4610.48 - PBDT35.9361.57 -42 PBT14.8140.17 -63 NP20.1031.55 -36

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Goldiam International consolidated net profit declines 58.48% in the December 2016 quarter
Feb 16,2017

Net profit of Goldiam International declined 58.48% to Rs 6.07 crore in the quarter ended December 2016 as against Rs 14.62 crore during the previous quarter ended December 2015. Sales rose 7.44% to Rs 100.71 crore in the quarter ended December 2016 as against Rs 93.74 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales100.7193.74 7 OPM %7.2311.02 - PBDT9.9017.84 -45 PBT9.2017.17 -46 NP6.0714.62 -58

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Sinner Energy India reports standalone net profit of Rs 0.01 crore in the December 2016 quarter
Feb 16,2017

Net profit of Sinner Energy India reported to Rs 0.01 crore in the quarter ended December 2016 as against net loss of Rs 0.03 crore during the previous quarter ended December 2015. Sales rose 11.48% to Rs 4.08 crore in the quarter ended December 2016 as against Rs 3.66 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales4.083.66 11 OPM %0.25-0.82 - PBDT0.01-0.03 LP PBT0.01-0.03 LP NP0.01-0.03 LP

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Pan India Corporation reports standalone net loss of Rs 0.34 crore in the December 2016 quarter
Feb 16,2017

Net Loss of Pan India Corporation reported to Rs 0.34 crore in the quarter ended December 2016 as against net loss of Rs 0.06 crore during the previous quarter ended December 2015. Sales declined 55.56% to Rs 0.04 crore in the quarter ended December 2016 as against Rs 0.09 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0.040.09 -56 OPM %-875.00-66.67 - PBDT-0.34-0.06 -467 PBT-0.34-0.06 -467 NP-0.34-0.06 -467

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Anjani Portland Cement standalone net profit rises 197.51% in the December 2016 quarter
Feb 16,2017

Net profit of Anjani Portland Cement rose 197.51% to Rs 11.93 crore in the quarter ended December 2016 as against Rs 4.01 crore during the previous quarter ended December 2015. Sales rose 42.65% to Rs 83.12 crore in the quarter ended December 2016 as against Rs 58.27 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales83.1258.27 43 OPM %26.9229.81 - PBDT20.5113.90 48 PBT16.299.69 68 NP11.934.01 198

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SNS Textiles reports standalone net loss of Rs 0.25 crore in the December 2016 quarter
Feb 16,2017

Net loss of SNS Textiles reported to Rs 0.25 crore in the quarter ended December 2016 as against net profit of Rs 0.03 crore during the previous quarter ended December 2015. Sales rose 104.17% to Rs 0.49 crore in the quarter ended December 2016 as against Rs 0.24 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0.490.24 104 OPM %-53.06-20.83 - PBDT-0.23-0.02 -1050 PBT-0.25-0.04 -525 NP-0.250.03 PL

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Jagsonpal Pharmaceuticals standalone net profit rises 2728.57% in the December 2016 quarter
Feb 16,2017

Net profit of Jagsonpal Pharmaceuticals rose 2728.57% to Rs 9.90 crore in the quarter ended December 2016 as against Rs 0.35 crore during the previous quarter ended December 2015. Sales declined 0.66% to Rs 34.38 crore in the quarter ended December 2016 as against Rs 34.61 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales34.3834.61 -1 OPM %2.857.05 - PBDT0.391.23 -68 PBT0.060.49 -88 NP9.900.35 2729

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Albert David reports standalone net loss of Rs 1.64 crore in the December 2016 quarter
Feb 16,2017

Net Loss of Albert David reported to Rs 1.64 crore in the quarter ended December 2016 as against net loss of Rs 5.15 crore during the previous quarter ended December 2015. Sales declined 16.52% to Rs 60.87 crore in the quarter ended December 2016 as against Rs 72.92 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales60.8772.92 -17 OPM %-0.954.87 - PBDT-0.023.59 PL PBT-2.191.34 PL NP-1.64-5.15 68

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Jenson & Nicholson (India) reports standalone net profit of Rs 0.02 crore in the December 2016 quarter
Feb 16,2017

Net profit of Jenson & Nicholson (India) reported to Rs 0.02 crore in the quarter ended December 2016 as against net loss of Rs 2.50 crore during the previous quarter ended December 2015. Sales declined 87.21% to Rs 1.17 crore in the quarter ended December 2016 as against Rs 9.15 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales1.179.15 -87 OPM %5.98-24.26 - PBDT0.07-2.22 LP PBT0.02-2.50 LP NP0.02-2.50 LP

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Volumes jump at Finolex Cables counter
Feb 16,2017

Finolex Cables clocked volume of 9.55 lakh shares by 12:43 IST on BSE, a 126.62-times surge over two-week average daily volume of 8,000 shares. The stock rose 0.73% to Rs 440.95.

Wabco India notched up volume of 30,000 shares, a 41.26-fold surge over two-week average daily volume of 1,000 shares. The stock rose 1.29% to Rs 5,483.65.

Mold-Tek Packaging saw volume of 4.82 lakh shares, a 7.30-fold surge over two-week average daily volume of 66,000 shares. The stock rose 2.71% to Rs 214.

South Indian Bank clocked volume of 88.88 lakh shares, a 4.07-fold surge over two-week average daily volume of 21.86 lakh shares. The stock fell 2.69% to Rs 19.90.

Dr Reddys Laboratories saw volume of 94,000 shares, a 3.42-fold rise over two-week average daily volume of 28,000 shares. The stock shed 0.37% to Rs 2,899.40.

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Moodys: Future US climate policy shifts would not stall global emissions reduction efforts
Feb 16,2017

Institutional and private sector forces will continue to drive global efforts to reduce carbon emissions, even if US climate policy is moderated or reversed by the new US administration, Moodys Investors Service said in a report.

Some aspects of climate policy in the US may be altered or dropped under the new administration, said Rahul Ghosh, a Moodys Vice President -- Senior Credit Officer and the reports co-author. Nevertheless, we believe that powerful structural forces at play, including robust institutional and private sector momentum, will continue to drive global sustainable and climate agendas regardless of the direction of US federal climate policy.

Since the US election, the vast majority of countries have reaffirmed their commitment to the Paris Agreement on climate change, reinforcing Moodys view that adoption of carbon regulation globally will accelerate over the coming years.

Policymaking at a state and local government level within countries will also play an increasingly important role in fulfilling national climate commitments, including in the United States.

The ability and willingness of individual US states to enact climate legislation and commit to carbon reduction will vary, as has been the case for some time. More than two dozen states have programmes in place to continue reducing emissions.

Global climate policy is not limited to the Paris Agreement, and institutional efforts such as the G20 study group on green finance and the Financial Stability Board (FSB) taskforce on climate-related financial disclosures suggest that policy momentum on decarbonisation and green finance will be sustained.

Green bond issuance across the globe is another illustration of commitments on the part of the public and private sectors to the Paris Agreement.

Green bond volumes continued to climb in 2016, reaching a new high of $93.4 billion -- an increase of 120% versus $42.4 billion in 2015. Extrapolating this level of year-over-year growth could bring 2017 issuance to $206 billion. Other regulatory initiatives beyond the Paris Agreement will also take effect in the coming years and support the transition to a lower carbon global economy.

Furthermore, corporate leadership and institutional investor focus on carbon emissions reduction and broader sustainability issues is increasing.

Strong institutional investor demand for greater sustainability and transparency, coupled with rising climate awareness and changing consumer preferences and technological change, will encourage more private sector companies to pursue explicit climate change strategies.

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