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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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Hazoor Multi Projects standalone net profit rises 66.67% in the March 2017 quarter
Jun 02,2017

Net profit of Hazoor Multi Projects rose 66.67% to Rs 0.05 crore in the quarter ended March 2017 as against Rs 0.03 crore during the previous quarter ended March 2016. There were no Sales reported in the quarter ended March 2017 and during the previous quarter ended March 2016.

For the full year,net profit rose 500.00% to Rs 0.06 crore in the year ended March 2017 as against Rs 0.01 crore during the previous year ended March 2016. There were no Sales reported in the year ended March 2017 and during the previous year ended March 2016.

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COSYN standalone net profit rises 33.33% in the March 2017 quarter
Jun 02,2017

Net profit of COSYN rose 33.33% to Rs 2.08 crore in the quarter ended March 2017 as against Rs 1.56 crore during the previous quarter ended March 2016. Sales rose 28.94% to Rs 7.44 crore in the quarter ended March 2017 as against Rs 5.77 crore during the previous quarter ended March 2016.

For the full year,net profit rose 86.79% to Rs 6.93 crore in the year ended March 2017 as against Rs 3.71 crore during the previous year ended March 2016. Sales rose 29.24% to Rs 31.47 crore in the year ended March 2017 as against Rs 24.35 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales7.445.77 29 31.4724.35 29 OPM %14.5227.38 -24.6618.48 - PBDT1.121.68 -33 7.814.38 78 PBT0.871.48 -41 6.963.63 92 NP2.081.56 33 6.933.71 87

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Avantel reports standalone net loss of Rs 0.10 crore in the March 2017 quarter
Jun 02,2017

Net loss of Avantel reported to Rs 0.10 crore in the quarter ended March 2017 as against net profit of Rs 0.03 crore during the previous quarter ended March 2016. Sales declined 24.00% to Rs 10.04 crore in the quarter ended March 2017 as against Rs 13.21 crore during the previous quarter ended March 2016.

For the full year,net profit rose 59.32% to Rs 0.94 crore in the year ended March 2017 as against Rs 0.59 crore during the previous year ended March 2016. Sales rose 36.38% to Rs 33.59 crore in the year ended March 2017 as against Rs 24.63 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales10.0413.21 -24 33.5924.63 36 OPM %8.277.65 -11.5215.96 - PBDT0.580.50 16 2.862.39 20 PBT0.110.09 22 1.150.65 77 NP-0.100.03 PL 0.940.59 59

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Nexus Commodities And Technologies reports standalone net loss of Rs 0.09 crore in the March 2017 quarter
Jun 02,2017

Net loss of Nexus Commodities And Technologies reported to Rs 0.09 crore in the quarter ended March 2017 as against net profit of Rs 0.03 crore during the previous quarter ended March 2016. Sales declined 37.50% to Rs 0.10 crore in the quarter ended March 2017 as against Rs 0.16 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 0.19 crore in the year ended March 2017 as against net profit of Rs 0.05 crore during the previous year ended March 2016. Sales declined 9.09% to Rs 0.30 crore in the year ended March 2017 as against Rs 0.33 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales0.100.16 -38 0.300.33 -9 OPM %-90.0012.50 --63.3321.21 - PBDT-0.090.02 PL -0.190.07 PL PBT-0.090.02 PL -0.190.07 PL NP-0.090.03 PL -0.190.05 PL

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Galaxy Agrico Exports standalone net profit declines 95.65% in the March 2017 quarter
Jun 02,2017

Net profit of Galaxy Agrico Exports declined 95.65% to Rs 0.01 crore in the quarter ended March 2017 as against Rs 0.23 crore during the previous quarter ended March 2016. Sales declined 8.06% to Rs 1.71 crore in the quarter ended March 2017 as against Rs 1.86 crore during the previous quarter ended March 2016.

For the full year,net profit declined 97.56% to Rs 0.01 crore in the year ended March 2017 as against Rs 0.41 crore during the previous year ended March 2016. Sales declined 1.58% to Rs 5.62 crore in the year ended March 2017 as against Rs 5.71 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales1.711.86 -8 5.625.71 -2 OPM %13.4527.42 -13.7027.50 - PBDT0.200.45 -56 0.651.32 -51 PBT-0.100.16 PL -0.100.34 PL NP0.010.23 -96 0.010.41 -98

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Interactive Financial Services standalone net profit rises 328.57% in the March 2017 quarter
Jun 02,2017

Net profit of Interactive Financial Services rose 328.57% to Rs 0.30 crore in the quarter ended March 2017 as against Rs 0.07 crore during the previous quarter ended March 2016. Sales declined 21.43% to Rs 0.22 crore in the quarter ended March 2017 as against Rs 0.28 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 0.03 crore in the year ended March 2017 as against net loss of Rs 0.16 crore during the previous year ended March 2016. Sales declined 6.52% to Rs 0.43 crore in the year ended March 2017 as against Rs 0.46 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales0.220.28 -21 0.430.46 -7 OPM %-59.0921.43 -9.30-28.26 - PBDT-0.130.07 PL 0.04-0.16 LP PBT-0.130.07 PL 0.04-0.16 LP NP0.300.07 329 0.03-0.16 LP

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Panacea Biotec reports standalone net loss of Rs 25.49 crore in the March 2017 quarter
Jun 02,2017

Net loss of Panacea Biotec reported to Rs 25.49 crore in the quarter ended March 2017 as against net profit of Rs 72.15 crore during the previous quarter ended March 2016. Sales declined 17.78% to Rs 167.02 crore in the quarter ended March 2017 as against Rs 203.15 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 86.25 crore in the year ended March 2017 as against net profit of Rs 0.87 crore during the previous year ended March 2016. Sales declined 18.06% to Rs 530.09 crore in the year ended March 2017 as against Rs 646.90 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales167.02203.15 -18 530.09646.90 -18 OPM %28.6027.49 -12.9417.39 - PBDT30.5740.06 -24 19.4723.07 -16 PBT14.5223.03 -37 -46.24-48.25 4 NP-25.4972.15 PL -86.250.87 PL

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Senbo Industries reports standalone net loss of Rs 0.05 crore in the March 2017 quarter
Jun 02,2017

Net Loss of Senbo Industries reported to Rs 0.05 crore in the quarter ended March 2017 as against net loss of Rs 0.45 crore during the previous quarter ended March 2016. There were no Sales reported in the quarter ended March 2017 and during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 0.32 crore in the year ended March 2017 as against net loss of Rs 0.64 crore during the previous year ended March 2016. There were no Sales reported in the year ended March 2017 and during the previous year ended March 2016.

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Skyline Ventures India reports standalone nil net profit/loss in the March 2017 quarter
Jun 02,2017

Skyline Ventures India reported no net profit/loss in the quarter ended March 2017 as against net profit of Rs 0.13 crore during the previous quarter ended March 2016. There were no Sales reported in the quarter ended March 2017 as against Rs 7.85 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 0.06 crore in the year ended March 2017. There were no net profit/loss reported during the previous year ended March 2016. Sales declined 78.77% to Rs 7.27 crore in the year ended March 2017 as against Rs 34.25 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales07.85 -100 7.2734.25 -79 OPM %02.17 --0.830 - PBDT00.17 -100 -0.060 0 PBT00.17 -100 -0.060 0 NP00.13 -100 -0.060 0

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Auto Pins (India) reports standalone net profit of Rs 0.06 crore in the March 2017 quarter
Jun 02,2017

Net profit of Auto Pins (India) reported to Rs 0.06 crore in the quarter ended March 2017 as against net loss of Rs 0.07 crore during the previous quarter ended March 2016. Sales rose 90.11% to Rs 5.38 crore in the quarter ended March 2017 as against Rs 2.83 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 0.17 crore in the year ended March 2017 as against net loss of Rs 0.38 crore during the previous year ended March 2016. Sales rose 62.80% to Rs 13.48 crore in the year ended March 2017 as against Rs 8.28 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales5.382.83 90 13.488.28 63 OPM %5.02-19.08 -3.93-8.94 - PBDT0.19-0.01 LP 0.44-0.23 LP PBT0.10-0.05 LP 0.21-0.36 LP NP0.06-0.07 LP 0.17-0.38 LP

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Seven MoUs/Agreements signed on the sidelines of the 18th India-Russia Annual Summit (June 02, 2017)
Jun 02,2017

List of MoUs/Agreements signed on the sidelines of the 18th India-Russia Annual Summit (June 02, 2017)

1. Protocol No.2 to the Agreement dated December 5, 2008 between the Government of the Republic of India and the Government of the Russian Federation

2. Agreement between Heavy Engineering Corporation Limited and Joint Stock Company Cascade - Technologiesn++ for setting up of a Special Purpose Vehicle for railways

3. Memorandum of Understanding between SREI Infrastructure Finance Limited and State Corporation Bank for Development and Foreign Economic Affairs (Vnesheconombank) on Russian export support and participation in the development of India-Russia capital goods financing/leasing business

4. Agreement on Cooperation between JITF Urban Infrastructure Services Limited (Republic of India), Jindal Rail Infrastructure Limited (Republic of India), Joint Stock Company Russian Export Centre (Russian Federation), and Limited Liability Company Management Company RailTransHolding (Russian Federation)

5. Memorandum of Understanding between National Investment Promotion Agency Invest India and the Business Council for Cooperation with India concerning the promotion of investment in India and Russia

6. Cooperation Agreement between National Investment Promotion Agency Invest India and the Roscongress Foundation

7. Memorandum of Understanding between Sun Group Private Limited and Joint Stock Company Pribor

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Hong Kong Stocks up near two-year high
Jun 02,2017

The Hong Kong stock market finished session at a near two-year high on Friday, 02 June 2017, buoyed by fresh record closing highs of all the three major US benchmarks overnight, with casino operators leading rally after Macaus gaming revenues beat market expectations. The Hang Seng Index gained 0.4%, or 114.83 points, to close at 25,924.05, the highest finish since July 3, 2015. The Hang Seng China Enterprises Index, which tracks the performance of Chinese companies listed in Hong Kong, also added 0.4%, or 46.55 points, to end at 10,666.43. Turnover increased slightly to HK$85.2 billion from HK$84.6 billion on Thursday. For the week, the Hang Seng Index advanced 1.1%.

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China Stocks edge up
Jun 02,2017

The Mainland China equity market closed marginally higher on Friday, 02 June 2017, as liquidity concern crippled trading sentiment. Market gains were, however, capped as Chinese investors were worried about tightening liquidity and uncertainty over economic recovery. The benchmark Shanghai Composite Index edged up 0.1% to 3,105.54 and turnover shrank to 15.4 billion yuan

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Nikkei ends at 22-month high
Jun 02,2017

The Japan share market finished session at 22-months high on Friday, 02 June 2017, as risk sentiments buoyed up by tracking fresh highs for major Wall Street indexes overnight and yens weakening against the dollar. The markets advance was also attributed to stronger economic growth in Japan and in the United States, as well as improved corporate profits. The 225-issue Nikkei jumped 1.60%, or 317.25 points, to close at 20,177.28, the first time it has crossed 20,000 since December 2015 and the highest since August that year. The broader Topix index of all first-section shares gained 1.64%, or 26.06 points, to end at 1,612.20. Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 2153 to 934 and 289 ended unchanged. The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 1.58% to 13.68 a new 5-year low.

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Australia Stocks gain for fourth day
Jun 02,2017

Australian equity market ended stronger for fourth straight session on Friday, 02 June 2017, on tracking positive lead from Wall Street overnight, reasonable economic data and expectations central banks will remain benign. Most of ASX sectors were stronger, with banks stocks being major gainers on bargain hunting after heavy selling in May, although energy stocks were held back by continued weakness in oil prices in Asian trading and utilities were pulled down by a fall in AGL Energy shares after Macquarie lowered its recommendation to underperform from neutral. At the close, the benchmark S&P/ASX 200 Index inclined 0.87% to 5788.10 and the broader All Ordinaries Index added 0.84% to 5821.10. Rising stocks outnumbered declining ones on the Australia Stock Exchange by 637 to 454 and 345 ended unchanged. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 3.67% to 11.473 a new 1-month low.

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