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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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Cabinet apprised of Framework Agreement between India and Vietnam on cooperation in exploration and uses of outer space for peaceful purposes
Feb 09,2017

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has been apprised of the Framework Agreement between India and Vietnam on cooperation in the exploration and uses of outer space for peaceful purposes. The Framework Agreement has been signed on September 03, 2016.

The Framework Agreement will enable pursuing the potential interest areas of cooperation such as space science, technology and applications including remote sensing of the earth; satellite communication and satellite-based navigation; space science and planetary exploration; use of spacecraft and space systems and ground system; and application of space technology.

Cooperation with Vietnam through this Framework Agreement would lead to development of joint activity in the field of application of space technologies for the benefit of humanity.

The Framework Agreement will provide impetus to explore newer research activities and application possibilities in the field of remote sensing of the earth; satellite communication; satellite navigation; space science and exploration of outer space.

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Cabinet apprised of Framework Agreement between India and Vietnam on cooperation in exploration and uses of outer space for peaceful purposes
Feb 09,2017

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has been apprised of the Framework Agreement between India and Vietnam on cooperation in the exploration and uses of outer space for peaceful purposes. The Framework Agreement has been signed on September 03, 2016.

The Framework Agreement will enable pursuing the potential interest areas of cooperation such as space science, technology and applications including remote sensing of the earth; satellite communication and satellite-based navigation; space science and planetary exploration; use of spacecraft and space systems and ground system; and application of space technology.

Cooperation with Vietnam through this Framework Agreement would lead to development of joint activity in the field of application of space technologies for the benefit of humanity.

The Framework Agreement will provide impetus to explore newer research activities and application possibilities in the field of remote sensing of the earth; satellite communication; satellite navigation; space science and exploration of outer space.

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SKF India gains as board to consider share buyback proposal
Feb 09,2017

The announcement was made after market hours yesterday, 8 February 2017.

Meanwhile, the S&P BSE Sensex was up 172.09 points or 0.61% at 28,462.01

On BSE, so far 271 shares were traded in the counter as against average daily volume of 4,532 shares in the past one quarter. The stock hit a high of Rs 1,410.05 and a low of Rs 1,388.70 so far during the day. The stock had hit a record high of Rs 1,550 on 2 November 2016. The stock had hit a 52-week low of Rs 1,040 on 12 February 2016.

The mid-cap company has equity capital of Rs 52.73 crore. Face value per share is Rs 10.

SKF Indias net profit rose 20.42% to Rs 60.26 crore on 10% growth in total income to Rs 683.30 crore in Q2 September 2016 over Q2 September 2015.

SKF India is a global supplier of bearings, seals, mechatronics, lubrication systems and services which include technical support, maintenance and reliability services, engineering consulting and training.

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Cipla, Hero MotoCorp in focus after declaring Q3 results
Feb 09,2017

Ciplas consolidated net profit rose 44% to Rs 374.83 crore on 18.08% rise in total income to Rs 3800.70 crore in Q3 December 2016 over Q3 December 2015. The result was announced after market hours yesterday, 8 February 2017.

Hero MotoCorps net profit fell 2.55% to Rs 772.05 crore on 10.98% drop in total income to Rs 7030.57 crore in Q3 December 2016 over Q3 December 2015. The result was announced after market hours yesterday, 8 February 2017.

Union Bank of Indias net profit rose 32.41% to Rs 104 crore on 8.94% rise in total income to Rs 9589.45 crore in Q3 December 2016 over Q3 December 2015. The result was announced after market hours yesterday, 8 February 2017.

Among corporate news, BPCL, Lupin and Power Grid Corporation of India will declare their Q3 results today, 9 February 2017.

Thermaxs consolidated net profit fell 30.3% to Rs 54.77 crore on 11.83% drop in total income to Rs 998 crore in Q3 December 2016 over Q3 December 2015. The result was announced after market hours yesterday, 8 February 2017.

Indraprastha Gass net profit rose 36.81% to Rs 144.81 crore on 2.29% rise in total income to Rs 961.98 crore in Q3 December 2016 over Q3 December 2015. The result was announced after market hours yesterday, 8 February 2017.

Reliance Powers consolidated net profit rose 14.37% to Rs 275.70 crore on 16.73% rise in total income to Rs 2984.56 crore in Q3 December 2016 over Q3 December 2015. The result was announced after market hours yesterday, 8 February 2017.

SKF India scheduled a board meeting on 13 February 2017, to consider a proposal for buyback of equity shares. The announcement was made after market hours yesterday, 8 February 2017.

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Board of Venus Remedies allots convertible warrants to promoters
Feb 08,2017

Venus Remedies announced that the Board of Directors of the Company at its meeting held on 08 February 2017, has allotted 9,00,000 warrants fully convertible into equity shares to promoters on preferential basis.

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Vikas EcoTech gets ratings assigned for bank facilities
Feb 08,2017

Vikas EcoTech announced that CRISIL has rated the bank facilities of the Company and has assigned CRISIL BBB for Companys long term borrowings and CRISIL A3+ for the short term borrowings with stable outlook.

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United Breweries (Holdings) ordered to be wound up
Feb 08,2017

United Breweries (Holdings) announced that the Honble High Court of Karnataka, Dharwad Bench by its Judgement and Order on 07 February 2017, pronounced through Video Conferencing from Dharwad at 2.40.p.m., has ordered the Company to be wound up and has appointed the Official Liquidator as the Liquidator of the Company.

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Uniworth announces change in company secretary and compliance officer
Feb 08,2017

Uniworth announced that Parinita Goenka has been appointed as Company Secretary and Neha Dugar has resigned as Company Secretary of the Company w.e.f. 08 February 2017 duly approved at the Board Meeting held on 08 February 2017.

Further the Company inform that she has also been appointed as Compliance Officer of the Company w.e.f. 08 February 2017.

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Allahabad Bank gets ratings assigned for proposed AT-I Bonds issue
Feb 08,2017

Allahabad Bank announced that Brickwork Ratings India have assigned BWR A : Outlook Stable rating to Banks proposed Basel-III compliant Additional Tier 1 Bonds aggregating to Rs. 1000.00 crore.

Further, Brickwork have also revised their outlook from Negative to Stable for Banks Outstanding Tier 2 Bonds.

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Quintegra Solutions reports standalone net profit of Rs 4.43 crore in the December 2016 quarter
Feb 08,2017

Net profit of Quintegra Solutions reported to Rs 4.43 crore in the quarter ended December 2016 as against net loss of Rs 0.13 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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REIL Electricals India standalone net profit rises 5.00% in the December 2016 quarter
Feb 08,2017

Net profit of REIL Electricals India rose 5.00% to Rs 0.21 crore in the quarter ended December 2016 as against Rs 0.20 crore during the previous quarter ended December 2015. Sales rose 10.14% to Rs 4.02 crore in the quarter ended December 2016 as against Rs 3.65 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales4.023.65 10 OPM %9.459.59 - PBDT0.330.28 18 PBT0.260.20 30 NP0.210.20 5

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Soni Medicare standalone net profit declines 66.67% in the December 2016 quarter
Feb 08,2017

Net profit of Soni Medicare declined 66.67% to Rs 0.01 crore in the quarter ended December 2016 as against Rs 0.03 crore during the previous quarter ended December 2015. Sales rose 1.91% to Rs 3.74 crore in the quarter ended December 2016 as against Rs 3.67 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales3.743.67 2 OPM %8.291.91 - PBDT0.220.19 16 PBT0.030.04 -25 NP0.010.03 -67

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Union Bank of India standalone net profit rises 32.42% in the December 2016 quarter
Feb 08,2017

Net profit of Union Bank of India rose 32.42% to Rs 104.00 crore in the quarter ended December 2016 as against Rs 78.54 crore during the previous quarter ended December 2015. Total Operating Income rose 4.30% to Rs 8249.78 crore in the quarter ended December 2016 as against Rs 7909.37 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Total Operating Income8249.787909.37 4 OPM %60.0664.69 - PBDT181.1496.50 88 PBT181.1496.50 88 NP104.0078.54 32

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Surat Textile Mills standalone net profit rises 101.83% in the December 2016 quarter
Feb 08,2017

Net profit of Surat Textile Mills rose 101.83% to Rs 4.40 crore in the quarter ended December 2016 as against Rs 2.18 crore during the previous quarter ended December 2015. Sales rose 31.78% to Rs 41.51 crore in the quarter ended December 2016 as against Rs 31.50 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales41.5131.50 32 OPM %8.847.68 - PBDT4.532.45 85 PBT4.402.18 102 NP4.402.18 102

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Seasons Furnishings reports standalone net loss of Rs 0.42 crore in the December 2016 quarter
Feb 08,2017

Net Loss of Seasons Furnishings reported to Rs 0.42 crore in the quarter ended December 2016 as against net loss of Rs 0.01 crore during the previous quarter ended December 2015. Sales declined 45.90% to Rs 3.23 crore in the quarter ended December 2016 as against Rs 5.97 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales3.235.97 -46 OPM %-7.125.70 - PBDT-0.490.05 PL PBT-0.53-0.01 -5200 NP-0.42-0.01 -4100

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