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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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Bajaj Holdings & Investment consolidated net profit rises 22.92% in the September 2016 quarter
Oct 28,2016

Net profit of Bajaj Holdings & Investment rose 22.92% to Rs 697.92 crore in the quarter ended September 2016 as against Rs 567.79 crore during the previous quarter ended September 2015. Sales rose 140.45% to Rs 264.49 crore in the quarter ended September 2016 as against Rs 110.00 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales264.49110.00 140 OPM %64.8091.48 - PBDT178.90101.71 76 PBT177.56100.35 77 NP697.92567.79 23

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Carborundum Universal standalone net profit declines 35.36% in the September 2016 quarter
Oct 28,2016

Net profit of Carborundum Universal declined 35.36% to Rs 26.01 crore in the quarter ended September 2016 as against Rs 40.24 crore during the previous quarter ended September 2015. Sales rose 8.64% to Rs 351.03 crore in the quarter ended September 2016 as against Rs 323.12 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales351.03323.12 9 OPM %16.1615.19 - PBDT55.1870.06 -21 PBT38.3754.73 -30 NP26.0140.24 -35

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Dish TV India consolidated net profit declines 19.41% in the September 2016 quarter
Oct 28,2016

Net profit of Dish TV India declined 19.41% to Rs 70.08 crore in the quarter ended September 2016 as against Rs 86.96 crore during the previous quarter ended September 2015. Sales rose 3.50% to Rs 776.28 crore in the quarter ended September 2016 as against Rs 750.00 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales776.28750.00 4 OPM %34.0434.00 - PBDT219.92219.99 0 PBT56.4586.96 -35 NP70.0886.96 -19

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Westlife Development reports consolidated net loss of Rs 3.31 crore in the September 2016 quarter
Oct 28,2016

Net loss of Westlife Development reported to Rs 3.31 crore in the quarter ended September 2016 as against net profit of Rs 14.00 crore during the previous quarter ended September 2015. Sales rose 14.79% to Rs 231.29 crore in the quarter ended September 2016 as against Rs 201.49 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales231.29201.49 15 OPM %5.093.89 - PBDT12.095.27 129 PBT-3.31-9.38 65 NP-3.3114.00 PL

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Colgate-Palmolive (India) standalone net profit rises 15.59% in the September 2016 quarter
Oct 28,2016

Net profit of Colgate-Palmolive (India) rose 15.59% to Rs 181.31 crore in the quarter ended September 2016 as against Rs 156.85 crore during the previous quarter ended September 2015. Sales rose 9.41% to Rs 1048.32 crore in the quarter ended September 2016 as against Rs 958.13 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales1048.32958.13 9 OPM %26.2126.54 - PBDT286.04264.96 8 PBT252.74238.04 6 NP181.31156.85 16

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Natural Capsules standalone net profit declines 85.81% in the September 2016 quarter
Oct 28,2016

Net profit of Natural Capsules declined 85.81% to Rs 0.22 crore in the quarter ended September 2016 as against Rs 1.55 crore during the previous quarter ended September 2015. Sales declined 20.80% to Rs 12.60 crore in the quarter ended September 2016 as against Rs 15.91 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales12.6015.91 -21 OPM %11.1119.55 - PBDT1.393.18 -56 PBT0.212.16 -90 NP0.221.55 -86

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Kewal Kiran Clothing standalone net profit rises 22.35% in the September 2016 quarter
Oct 28,2016

Net profit of Kewal Kiran Clothing rose 22.35% to Rs 29.51 crore in the quarter ended September 2016 as against Rs 24.12 crore during the previous quarter ended September 2015. Sales rose 9.10% to Rs 153.89 crore in the quarter ended September 2016 as against Rs 141.05 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales153.89141.05 9 OPM %23.9626.69 - PBDT42.8937.25 15 PBT41.7036.21 15 NP29.5124.12 22

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Dish TV India standalone net profit declines 52.11% in the September 2016 quarter
Oct 28,2016

Net profit of Dish TV India declined 52.11% to Rs 51.20 crore in the quarter ended September 2016 as against Rs 106.92 crore during the previous quarter ended September 2015. Sales declined 14.43% to Rs 511.73 crore in the quarter ended September 2016 as against Rs 598.02 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales511.73598.02 -14 OPM %21.4920.72 - PBDT97.29121.26 -20 PBT78.40106.92 -27 NP51.20106.92 -52

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NTPC standalone net profit declines 17.87% in the September 2016 quarter
Oct 28,2016

Net profit of NTPC declined 17.87% to Rs 2495.97 crore in the quarter ended September 2016 as against Rs 3039.23 crore during the previous quarter ended September 2015. Sales rose 8.41% to Rs 19241.47 crore in the quarter ended September 2016 as against Rs 17748.23 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales19241.4717748.23 8 OPM %28.0223.19 - PBDT4692.173601.40 30 PBT3258.022312.68 41 NP2495.973039.23 -18

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Westlife Development reports standalone net loss of Rs 0.02 crore in the September 2016 quarter
Oct 28,2016

Net Loss of Westlife Development reported to Rs 0.02 crore in the quarter ended September 2016 as against net loss of Rs 0.08 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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Subros standalone net profit declines 29.97% in the September 2016 quarter
Oct 28,2016

Net profit of Subros declined 29.97% to Rs 4.30 crore in the quarter ended September 2016 as against Rs 6.14 crore during the previous quarter ended September 2015. Sales rose 35.75% to Rs 437.12 crore in the quarter ended September 2016 as against Rs 322.00 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales437.12322.00 36 OPM %10.7212.07 - PBDT36.8428.58 29 PBT15.256.92 120 NP4.306.14 -30

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Crop-Specific Infrastructure Creation Scheme Soon - Food Processing Minister
Oct 28,2016

A scheme for crop specific infrastructure creation is to be introduced shortly, stated Harsimrat Kaur Badal, Minister of Food Processing Industries, at the 6th Cold Chain Summit organized by the Confederation of Indian Industry (CII) in association with the Ministry of Food Processing Industries, Ministry of Agriculture and National Center for Cold Chain Development (NCCD).

The Minister said that the scheme would enable farmers to become entrepreneurs and start their own food processing or cold chain transportation ventures. Cold chain development would contribute to the target of doubling farmers incomes, reduce waste, and strengthen the agri supply chains.

Badal added that with FDI in place, farm produce could be directly linked with retail outlets. She suggested creation of FPOs (Farmer Producer Organisation) for crop specific clusters for top agri and horticultural produce in the states. The Minister asked CII to create a task force to link these FPOs to Industry.

S.K. Pattanayak, Secretary, Ministry of Agriculture, urged more investments in the agriculture sector and highlighted the necessity for cold chains. He added that the Government has several schemes for post harvest management and development, including cold chains.

J P Meena, Additional Secretary, MoFPI, outlined the impact of the GST regime on the food sector and associated cold chain infrastructure. He urged industry to adapt to the impending changing regime to maximize efficiencies.

T. Nanda Kumar, Former Chairman National Dairy Development Board (NDDB), Chairman-CII Jury Cold Chain Awards, called for right infrastructure support to the food processing industry. The industry needs better quality raw material both in terms of intrinsic quality and in terms of food safety. He also urged for the need of business models which are purely not price arbitrage, but will give larger benefits to farmers and which will reduce wastage and increase turnover.

Pawanexh Kohli, Chief Executive Officer and Chief Advisor, National Centre for Cold Chain Development, stated the need to increase farmers opportunity to sell more, and linking them to more markets.

Chandrajit Banerjee, Director General, Confederation of Indian Industry, mentioned that CII has been working on building a strong service portfolio in cold chain and will continue to engage in training and capacity building activities, promote partnerships to strengthen the cold chain infrastructure in the country, and develop post- harvest management protocols as avenues for strengthening crop - specific cold chain infrastructure.

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EMCO allots equity shares
Oct 28,2016

EMCO announced that the ESOP Committee of the Board of Directors of the Company, at its/ meeting held on 28 October 2016 wherein the ESOP Committee has allotted 1,99,998 (One Lakh Ninety Nine Thousand Nine Hundred and Ninety Eight) Equity Shares to the employees under its Employee Stock Option Scheme, 2011 pursuant to exercise of ESOPs.

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EMCO allots equity shares
Oct 28,2016

EMCO announced that the ESOP Committee of the Board of Directors of the Company, at its/ meeting held on 28 October 2016 wherein the ESOP Committee has allotted 1,99,998 (One Lakh Ninety Nine Thousand Nine Hundred and Ninety Eight) Equity Shares to the employees under its Employee Stock Option Scheme, 2011 pursuant to exercise of ESOPs.

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Somany Ceramics issues commercial paper aggregating Rs 15 cr
Oct 28,2016

Somany Ceramics has issued Commercial paper of Rs. 15 crore value dated 28 October 2016 having maturity on 27 December 2016.

The aforesaid issuance of commercial paper is to reduce high interest bearing cash credit limits and in turn reducing cost of borrowing.

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