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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 Lactose (India) approves preferential issue of convertible warrants
May 22,2017

Lactose (India) announced that the Board of Directors of the Company at its meeting held on 20 May 2017 approved preferential issue of convertible warrants.

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Shaily Engineering Plastics surges after reporting strong Q4 numbers
May 22,2017

The result was announced on Saturday, 20 May 2017.

Meanwhile, the S&P BSE Sensex was up 136.64 points, or 0.45% at 30,601.56. The S&P BSE Small-cap index was up 1.21 points, 0.01%, at 15,228.28.

On the BSE, 16,000 shares were traded on the counter so far as against the average daily volumes of 21,969 shares in the past one quarter. The stock had hit a high of Rs 643.60 and a low of Rs 625 so far during the day.

The stock had hit a 52-week high of Rs 661 on 24 October 2016 and hit a 52-week low of Rs 482 on 18 November 2016. The stock had outperformed the market over the past one month till 19 May 2017, advancing 13.23% compared with the Sensexs 3.85% rise. The scrip had also outperformed the market over the past one quarter advancing 14.77% as against the Sensexs 7.01% rise.

The small-cap company has equity capital of Rs 8.32 crore. Face value per share is Rs 10.

Shaily Engineering Plastics earnings before interest, tax, depreciation and amortization (EBITDA) increased by 40% to Rs 15.3 crore in Q4 March 2017 over Q4 March 2016.

EBITDA margin increased to 22.4% in Q4 March 2017, from 20.1% in Q4 March 2016.Shaily Engineering Plastics is engaged in the business of manufacturing of plastic products.

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Decillion Finance to hold board meeting
May 22,2017

Decillion Finance will hold a meeting of the Board of Directors of the Company on 30 May 2017, to consider, discuss and approve the Audited Annual accounts of the Company for the quarter and year ended 31st March, 2017, and Any other business with the permission of the chair which is incidental and ancillary to the business.

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Hexa Tradex to hold board meeting
May 22,2017

Hexa Tradex will hold a meeting of the Board of Directors of the Company on 29 May 2017, to consider and take on record the Audited Financial Results for the 4th quarter/year ended 31st March, 2017, and also approve the Audited Financial Statements for the year ended 31st March, 2017.

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Deccan Bearings to hold board meeting
May 22,2017

Deccan Bearings will hold a meeting of the Board of Directors of the Company on 30 May 2017, to approve the Audited Financial Results for quarter and year ended 31st March, 2017

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Music Broadcast to hold board meeting
May 22,2017

Music Broadcast will hold a meeting of the Board of Directors of the Company on 25 May 2017, to consider and approve Audited financial results for the Financial Year ended 31st March, 2017.

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Ambition Mica to hold board meeting
May 22,2017

Ambition Mica will hold a meeting of the Board of Directors of the Company on 29 May 2017, to consider and approve the standalone and consolidated audited financial results for the half year/financial year ended on 31st March 2017, and any other matter with the permission of the Board of Directors.

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Chamak Holdings to hold board meeting
May 22,2017

Chamak Holdings will hold a meeting of the Board of Directors of the Company on 30 May 2017, to consider and approve, the audited Financial Results of the Company for the Quarter and Year ended March 31, 2017.

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Bronze Infra-Tech to hold board meeting
May 22,2017

Bronze Infra-Tech will hold a meeting of the Board of Directors of the Company on 29 May 2017, to consider and take on record the Audited Financial Results for the quarter and year ended on March 31, 2017 and any other matter with the permission of the Chair.

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India Finsec to hold board meeting
May 22,2017

India Finsec will hold a meeting of the Board of Directors of the Company on 29 May 2017, to consider and approve Audited Standalone and Consolidated Financial Results for the Year ended 31st March, 2017 or any other matter with the permission of Chairman.

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Pochiraju Industries to hold board meeting
May 22,2017

Pochiraju Industries will hold a meeting of the Board of Directors of the Company on 29 May 2017, to consider the Audited Financial results for the quarter and year ended 31 March 2017, Audit Report for the quarter and year ended 31 March 2017, and any other business with the permission of the Chair.

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Money Masters Leasing & Finance to hold board meeting
May 22,2017

Money Masters Leasing & Finance will hold a meeting of the Board of Directors of the Company on 29 May 2017, to consider and approve the Audited Financial Results for the financial year ended 31st March 2017, to consider conversion of existing preference shares into equity shares, to consider preferential allotment of preference shares, to consider reclassification and increase in authorised share capital, and others..

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Blueblood Ventures to hold board meeting
May 22,2017

Blueblood Ventures will hold a meeting of the Board of Directors of the Company on 29 May 2017, to consider and approve inter- alia, the Annual Audited Standalone as well as Consolidated Financial Results for the Company of the half year and for the financial year ended March 31, 2017.

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Virat Leasing to hold board meeting
May 22,2017

Virat Leasing will hold a meeting of the Board of Directors of the Company on 30 May 2017, for considering audited financial results for year ended 31st March 2017.

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Phoenix Mills to acquire 16.41% stake in Offbeat Developers
May 22,2017

Phoenix Mills announced that the Company has entered into a Share Purchase Agreement (SPA) dated 19 May 2017 for the acquisition by the Company of the entire 5.36% equity shareholding of HBS Realtors (HBS), in Offbeat Developers (ODPL).

The proposed acquisition by the Company will be effected on the terms and conditions contained in the SPA. Further, as informed vide our earlier letters in this regard on the captioned subject, the Company has entered into Share Purchase Agreements to acquire entire equity shareholding of IIRF Holdings X (IIRF), Vistra ITCL (India) (Vistra) and Eder River Eder River), representing a cumulative stake of 11.05% in ODPL.

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