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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 Surya Roshni to consider September quarter and half year results
Nov 28,2016

Surya Roshni announced that the meeting of the Board of Directors of the Company will be held on 06 December 2016, inter alia, to approve the Unaudited Quarterly / Half Yearly Results of the Company for the period ended 30 September 2016.

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Aurobindo Pharma in spotlight on pact with Teva in France
Nov 28,2016

Aurobindo Pharma said that its French subsidiary Arrow Generiques SAS, announced the signing of an agreement to acquire select commercial products in France from Teva. Arrow Generiques will acquire the right, title and interest in products calcium and calcium vitamin D3, including the use of the OROCAL trademark. The transaction is subject to the approval of the European Commission. Following receipt of clearances from European authorities, Arrow Generiques will integrate these products with its existing commercial operations in France, and focus on maximizing their potential. Arrow Generiques and Teva intend to ensure continuity of the supply of the products to the market. This acquisition will enable Arrow Generiques to continue to increase its branded products portfolio and leverage its position as a key player in the drug market. Arrow Generiques is a pharmaceutical company with focus on selling generics on the retail and hospital markets in France since 2002. The announcement was made after market hours on Friday, 25 November 2016.

Bharti Airtel announced on Saturday, 26 November 2016 that Bharti Airtel International (Netherlands) BV through its wholly owned subsidiary (Airtel), has completed the acquisition of Econet Wireless entire 4.2% shareholding in Airtel Nigeria. As a result, Airtels overall holding in Airtel Nigeria has increased to 83.25%.

Reliance Industries (RIL) will be in focus. In its clarification with regard to news item titled n++Two killed, six injured in fire at Reliance refineryn++, the company after market hours on Friday, 25 November 2016 said there was an unfortunate flash fire in one of the units under a planned maintenance shutdown in its DTA refinery at Jamnagar. While the Reliance fire brigade extinguished the fire swiftly, this has resulted in injuries to 8 contract workers, who are being provided necessary medical treatment. Inspite of timely medical help provided by Reliance medical staff, unfortunately two of them succumbed to their injuries. All operations of the refinery continue to be normal, RIL said.

Engineering and construction major L&T announced that its wholly owned subsidiary, L&T Hydrocarbon Engineering unveiled a high-tech spool base facilities at L&Ts fabrication facility at Kattupalli in Chennai on 25 November 2016. These facilities are being employed to execute a prestigious lump sum turn key (LSTK) contract that has been bagged from ONGC for a subsea installation by a consortium of J. Ray Mc Dermott S.A., Berlian McDermott & L&T Hydrocarbon Engineering in international competitive bidding. The announcement was made after market hours on Friday, 25 November 2016.

Bosch said that based on the proposal and action plan submitted by the company, the Rajasthan State Pollution Control Board has vide its letter dated 24 November 2016, extended the abeyance order revoking the consent given to operate the companys jaipur plant for further period of three weeks upto 17 December 2016. The company would co-operate with the authorities for early resolution of the matter, Bosch said. The announcement was made after market hours on Friday, 25 November 2016. It may be recalled that the Jaipur plant of Bosch was served with an order dated 27 October 2016 by Rajasthan State Pollution Control Board revoking the consent given to operate the jaipur plant for alleged non-fulfillment of certain conditions with respect to waste water treatment and re-use of the treated water. The company, had therefore, closed the operations at the plant from 28 October 2016. Bosch at that time had put the estimated production loss at about Rs 2.5 crore per day due to closure of operations at the said plant. Jaipur plants license was valid up to 28 February 2017, the company had said at that time.

Tata Steel announced that the company at its meeting held on Friday, 25 November 2016, decided to convene an extraordinary general meeting (EGM) on 21 December 2016, pursuant to the special notice & requisition dated 10 November 2016, received from Tata Sons, promoter and principal shareholder of the company, holding 29.75% of the paid-up ordinary share capital of the company, to consider and if thought fit, to pass the resolutions viz. removal of C. P. Mistry as director of the company and removal of Nusli N. Wadia as director of the company. The announcement was made after market hours on Friday, 25 November 2016.

Vedanta announced that the company proposes to offer rated secured redeemable non-convertible debentures aggregating upto Rs 500 crore and in this regard, the company is holding a meeting of its duly constituted committee of the board on 30 November 2016. The announcement was made after market hours on Friday, 25 November 2016.

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Waterbase standalone net profit declines 59.56% in the September 2016 quarter
Nov 28,2016

Net profit of Waterbase declined 59.56% to Rs 2.60 crore in the quarter ended September 2016 as against Rs 6.43 crore during the previous quarter ended September 2015. Sales declined 14.83% to Rs 79.95 crore in the quarter ended September 2016 as against Rs 93.87 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales79.9593.87 -15 OPM %6.359.42 - PBDT4.329.46 -54 PBT3.758.96 -58 NP2.606.43 -60

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Uflex standalone net profit rises 17.57% in the September 2016 quarter
Nov 28,2016

Net profit of Uflex rose 17.57% to Rs 59.81 crore in the quarter ended September 2016 as against Rs 50.87 crore during the previous quarter ended September 2015. Sales rose 5.47% to Rs 901.38 crore in the quarter ended September 2016 as against Rs 854.66 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales901.38854.66 5 OPM %15.4513.12 - PBDT116.81108.56 8 PBT71.9966.80 8 NP59.8150.87 18

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Keltech Energies standalone net profit declines 44.39% in the September 2016 quarter
Nov 28,2016

Net profit of Keltech Energies declined 44.39% to Rs 1.09 crore in the quarter ended September 2016 as against Rs 1.96 crore during the previous quarter ended September 2015. Sales rose 6.46% to Rs 43.34 crore in the quarter ended September 2016 as against Rs 40.71 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales43.3440.71 6 OPM %7.918.35 - PBDT2.933.89 -25 PBT1.932.93 -34 NP1.091.96 -44

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Niwas Spinning Mills reports standalone net profit of Rs 0.02 crore in the September 2016 quarter
Nov 28,2016

Net profit of Niwas Spinning Mills reported to Rs 0.02 crore in the quarter ended September 2016 as against net loss of Rs 0.44 crore during the previous quarter ended September 2015. Sales rose 91.89% to Rs 1.42 crore in the quarter ended September 2016 as against Rs 0.74 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales1.420.74 92 OPM %11.97-35.14 - PBDT0.17-0.26 LP PBT0.02-0.44 LP NP0.02-0.44 LP

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Genus Power Infrastructures standalone net profit declines 42.68% in the September 2016 quarter
Nov 28,2016

Net profit of Genus Power Infrastructures declined 42.68% to Rs 13.28 crore in the quarter ended September 2016 as against Rs 23.17 crore during the previous quarter ended September 2015. Sales declined 35.91% to Rs 128.88 crore in the quarter ended September 2016 as against Rs 201.10 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales128.88201.10 -36 OPM %15.9618.44 - PBDT19.5333.13 -41 PBT15.6829.73 -47 NP13.2823.17 -43

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Balaji Telefilms reports consolidated net loss of Rs 28.00 crore in the September 2016 quarter
Nov 28,2016

Net loss of Balaji Telefilms reported to Rs 28.00 crore in the quarter ended September 2016 as against net profit of Rs 3.90 crore during the previous quarter ended September 2015. Sales rose 99.07% to Rs 105.21 crore in the quarter ended September 2016 as against Rs 52.85 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales105.2152.85 99 OPM %-24.8811.96 - PBDT-22.447.57 PL PBT-25.315.40 PL NP-28.003.90 PL

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Balaji Telefilms standalone net profit declines 35.57% in the September 2016 quarter
Nov 28,2016

Net profit of Balaji Telefilms declined 35.57% to Rs 4.42 crore in the quarter ended September 2016 as against Rs 6.86 crore during the previous quarter ended September 2015. Sales rose 19.19% to Rs 60.92 crore in the quarter ended September 2016 as against Rs 51.11 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales60.9251.11 19 OPM %10.0817.98 - PBDT9.0210.49 -14 PBT6.318.52 -26 NP4.426.86 -36

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Uflex consolidated net profit rises 16.76% in the September 2016 quarter
Nov 28,2016

Net profit of Uflex rose 16.76% to Rs 90.35 crore in the quarter ended September 2016 as against Rs 77.38 crore during the previous quarter ended September 2015. Sales rose 1.60% to Rs 1501.88 crore in the quarter ended September 2016 as against Rs 1478.23 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales1501.881478.23 2 OPM %15.1214.21 - PBDT187.32175.38 7 PBT109.53103.95 5 NP90.3577.38 17

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Hathway Cable & Datacom reports standalone net loss of Rs 40.44 crore in the September 2016 quarter
Nov 28,2016

Net Loss of Hathway Cable & Datacom reported to Rs 40.44 crore in the quarter ended September 2016 as against net loss of Rs 31.99 crore during the previous quarter ended September 2015. Sales rose 18.59% to Rs 318.84 crore in the quarter ended September 2016 as against Rs 268.86 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales318.84268.86 19 OPM %16.7216.99 - PBDT32.3029.53 9 PBT-40.44-31.99 -26 NP-40.44-31.99 -26

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Godawari Power & Ispat reports standalone net loss of Rs 45.22 crore in the September 2016 quarter
Nov 28,2016

Net Loss of Godawari Power & Ispat reported to Rs 45.22 crore in the quarter ended September 2016 as against net loss of Rs 13.35 crore during the previous quarter ended September 2015. Sales declined 10.81% to Rs 364.88 crore in the quarter ended September 2016 as against Rs 409.11 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales364.88409.11 -11 OPM %6.9510.01 - PBDT-14.493.10 PL PBT-34.19-15.14 -126 NP-45.22-13.35 -239

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Sidh Automobiles reports standalone net profit of Rs 0.69 crore in the September 2016 quarter
Nov 28,2016

Net profit of Sidh Automobiles reported to Rs 0.69 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 20.65 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. Sales20.650 0 OPM %3.440 - PBDT0.71-0.02 LP PBT0.69-0.02 LP NP0.69-0.02 LP

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Shilpa Medicare standalone net profit rises 31.24% in the September 2016 quarter
Nov 28,2016

Net profit of Shilpa Medicare rose 31.24% to Rs 33.19 crore in the quarter ended September 2016 as against Rs 25.29 crore during the previous quarter ended September 2015. Sales rose 18.78% to Rs 194.11 crore in the quarter ended September 2016 as against Rs 163.42 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales194.11163.42 19 OPM %25.1924.63 - PBDT52.0843.06 21 PBT45.6237.87 20 NP33.1925.29 31

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Magnum reports standalone net loss of Rs 0.01 crore in the September 2016 quarter
Nov 28,2016

Net Loss of Magnum 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. There were no Sales reported in the quarter ended September 2016 and during the previous quarter ended September 2015.

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