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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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Outcome of board meeting of Cybertech Systems & Software
Oct 27,2016

Cybertech Systems & Software announced that the Board of Directors of the Company at its meeting held on 27 October 216 has approved the following -

Allotment of 10 lakh Optionally Fully Convertible Warrants on preferential allotment basis and allotment of 30000 equity shares to employees of the Company under the ESOP scheme.

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Board of Bajaj Finance approves proposal to raise funds by issue of NCDs
Oct 27,2016

The Board of Directors of Bajaj Finance at its meeting held on 27 October 2016 have approved a proposal to seek shareholders approval for raising of funds by issue of non-convertible debentures or such other securities as a part of the proposed increase in overall borrowing limits of the Board from Rs 50000 crore to Rs 75000 crore.

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TVS Motor Company to pay interim dividend
Oct 27,2016

TVS Motor Company announced that interim dividend of Rs 1.25 per share will be paid on or after 10 November 2016.

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Den Networks allots equity shares
Oct 27,2016

Den Networks announced that the Securities Issue Committee of the Board of Directors at its meeting held on 27 October 2016 has issued and allotted 1,58,26,039 Equity Shares of Rs. 10/- each at the premium of Rs. 80/- per share to affiliates of the Goldman Sachs Group, Inc. who form part of the persons belonging to the Non Promoter Category.

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MRF fixes record date for interim dividend
Oct 27,2016

MRF has fixed 09 November 2016 as the Record Date for the purpose of Payment of Interim Dividend.

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Baid Leasing & Finance Co announces change in directorate
Oct 27,2016

Baid Leasing & Finance Co announced that Binod Kumar Choraria ceased to be associated with the Company w.e.f. 22 October 2016 consequent to his resignation and Anurag Patni was appointed as Additional Director in the capacity of Independent Director of the Company w.e.f. 22 October 2016.

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Board of Bajrang Finance allots equity shares on preferential basis
Oct 27,2016

Bajrang Finance announced that the Board of Directors of the Company at its meeting held on 27 October 2016 has considered and approved -

Allotment of 4 lakh equity shares on preferential basis at Rs 100 per equity share (including premium of Rs 90 per equity share).

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MRF skids after weak Q2 earnings
Oct 27,2016

The result was announced during trading hours today, 27 October 2016.

Meanwhile, the BSE Sensex was down 33.73 points, or 0.12%, to 27,802.78.

On BSE, so far 3,591 shares were traded in the counter, compared with average daily volume of 2,421 shares in the past one quarter. The stock hit a high of Rs 50,020 and a low of Rs 46,935 so far during the day. The stock hit a record high of Rs 54,600.65 on 6 October 2016. The stock hit a 52-week low of Rs 30,464.25 on 24 June 2016. The stock had outperformed the market over the past 30 days till 26 October 2016, rising 6.45% compared with 1.37% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 45.27% as against Sensexs 1.32% decline.

The large-cap company has equity capital of Rs 4.24 crore. Face value per share is Rs 10.

MRF manufactures the largest range of tyres in India and exports to various countries worldwide.

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EPFO joins network of Common Services Centers
Oct 27,2016

To expand the reach of convenience offered to EPF members, Employees Provident Fund Organisation (EPFO) has joined the network of Common Services Centers (CSC). A Memorandum of Understanding (MoU) has been signed between EPFO and CSC e-Governance Services India Limited (CSC SPV) on 25th October 2016. The MoU is initially for a period of five years.

To start with, the pensioners of Employees Pension Scheme of EPFO can submit their digital life certificates via Jeevan Pramaan Patra programme through a large number of points of Presence (PoP) of CSC networking in addition to those available at EPFO offices. The pensioners living in remote areas can avoid cost and inconvenience of travelling down to the EPF offices or their banks for filing paper based life certificate. In near future, it is also planned to enable various other online services namely aadhaar seeding with Universal Account Number (UAN), e KYC operated upload and update facility, UAN card related services and online claim related services.

Common Services Centers (CSC) network is one of the largest government approved online service delivery channel in the world. CSC are broadband enabled rural service delivery points established by District e Governance Societies (DeGSs), selected by the State Governments, for aggregating content and offering relevant Government to Customers (G2C), Business to Customers (B2C), Business to Business (B2B) and other services. More details about Common Services Centers (CSC) and its network can be accessed at csc.gov.in

EPF subscribers may access these services at their convenience from the nearest CSC network.

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Kanani Industries standalone net profit rises 15.38% in the September 2016 quarter
Oct 27,2016

Net profit of Kanani Industries rose 15.38% to Rs 0.15 crore in the quarter ended September 2016 as against Rs 0.13 crore during the previous quarter ended September 2015. Sales declined 35.42% to Rs 20.22 crore in the quarter ended September 2016 as against Rs 31.31 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales20.2231.31 -35 OPM %-6.48-0.45 - PBDT0.170.15 13 PBT0.150.13 15 NP0.150.13 15

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Polyspin Exports standalone net profit rises 10.67% in the September 2016 quarter
Oct 27,2016

Net profit of Polyspin Exports rose 10.67% to Rs 0.83 crore in the quarter ended September 2016 as against Rs 0.75 crore during the previous quarter ended September 2015. Sales rose 3.11% to Rs 36.15 crore in the quarter ended September 2016 as against Rs 35.06 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales36.1535.06 3 OPM %7.257.30 - PBDT1.931.53 26 PBT1.231.14 8 NP0.830.75 11

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Gaurav Mercantiles standalone net profit declines 25.00% in the September 2016 quarter
Oct 27,2016

Net profit of Gaurav Mercantiles declined 25.00% to Rs 0.03 crore in the quarter ended September 2016 as against Rs 0.04 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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Enterprise International standalone net profit rises 233.33% in the September 2016 quarter
Oct 27,2016

Net profit of Enterprise International rose 233.33% to Rs 0.20 crore in the quarter ended September 2016 as against Rs 0.06 crore during the previous quarter ended September 2015. Sales rose 70.36% to Rs 14.77 crore in the quarter ended September 2016 as against Rs 8.67 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales14.778.67 70 OPM %-0.81-0.35 - PBDT0.190.10 90 PBT0.170.08 113 NP0.200.06 233

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BPL reports standalone net profit of Rs 0.97 crore in the September 2016 quarter
Oct 27,2016

Net profit of BPL reported to Rs 0.97 crore in the quarter ended September 2016 as against net loss of Rs 0.37 crore during the previous quarter ended September 2015. Sales rose 241.12% to Rs 37.08 crore in the quarter ended September 2016 as against Rs 10.87 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales37.0810.87 241 OPM %4.34-2.30 - PBDT1.18-0.07 LP PBT1.02-0.21 LP NP0.97-0.37 LP

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Samkrg Pistons & Rings standalone net profit rises 9.70% in the September 2016 quarter
Oct 27,2016

Net profit of Samkrg Pistons & Rings rose 9.70% to Rs 5.20 crore in the quarter ended September 2016 as against Rs 4.74 crore during the previous quarter ended September 2015. Sales rose 7.18% to Rs 66.27 crore in the quarter ended September 2016 as against Rs 61.83 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales66.2761.83 7 OPM %15.7115.72 - PBDT10.119.24 9 PBT7.116.44 10 NP5.204.74 10

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