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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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GKB Ophthalmics standalone net profit declines 84.17% in the September 2016 quarter
Nov 11,2016

Net profit of GKB Ophthalmics declined 84.17% to Rs 2.54 crore in the quarter ended September 2016 as against Rs 16.05 crore during the previous quarter ended September 2015. Sales rose 20.43% to Rs 10.02 crore in the quarter ended September 2016 as against Rs 8.32 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales10.028.32 20 OPM %5.29-17.55 - PBDT0.52-1.16 LP PBT0.19-1.51 LP NP2.5416.05 -84

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ETT reports standalone net loss of Rs 0.11 crore in the September 2016 quarter
Nov 11,2016

Net Loss of ETT reported to Rs 0.11 crore in the quarter ended September 2016 as against net loss of Rs 0.71 crore during the previous quarter ended September 2015. Sales declined 33.65% to Rs 0.69 crore in the quarter ended September 2016 as against Rs 1.04 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.691.04 -34 OPM %68.12-13.46 - PBDT0.43-0.11 LP PBT-0.11-0.71 85 NP-0.11-0.71 85

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Kallam Spinning Mills standalone net profit rises 9.63% in the September 2016 quarter
Nov 11,2016

Net profit of Kallam Spinning Mills rose 9.63% to Rs 3.30 crore in the quarter ended September 2016 as against Rs 3.01 crore during the previous quarter ended September 2015. Sales rose 3.75% to Rs 66.46 crore in the quarter ended September 2016 as against Rs 64.06 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales66.4664.06 4 OPM %18.0421.60 - PBDT7.187.75 -7 PBT3.734.63 -19 NP3.303.01 10

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Polygenta Technologies reports standalone net profit of Rs 9.47 crore in the September 2016 quarter
Nov 11,2016

Net profit of Polygenta Technologies reported to Rs 9.47 crore in the quarter ended September 2016 as against net loss of Rs 16.70 crore during the previous quarter ended September 2015. Sales rose 13.61% to Rs 11.94 crore in the quarter ended September 2016 as against Rs 10.51 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales11.9410.51 14 OPM %-64.99-72.03 - PBDT-9.49-12.76 26 PBT-13.38-16.70 20 NP9.47-16.70 LP

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Gujarat Poly-Avx Electronics reports standalone net loss of Rs 0.16 crore in the September 2016 quarter
Nov 11,2016

Net Loss of Gujarat Poly-Avx Electronics reported to Rs 0.16 crore in the quarter ended September 2016 as against net loss of Rs 0.07 crore during the previous quarter ended September 2015. Sales rose 16.60% to Rs 2.95 crore in the quarter ended September 2016 as against Rs 2.53 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales2.952.53 17 OPM %-0.343.95 - PBDT-0.12-0.04 -200 PBT-0.16-0.07 -129 NP-0.16-0.07 -129

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Pioneer Investcorp standalone net profit rises 1464.71% in the September 2016 quarter
Nov 11,2016

Net profit of Pioneer Investcorp rose 1464.71% to Rs 2.66 crore in the quarter ended September 2016 as against Rs 0.17 crore during the previous quarter ended September 2015. Sales rose 100.35% to Rs 11.50 crore in the quarter ended September 2016 as against Rs 5.74 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales11.505.74 100 OPM %68.7038.85 - PBDT4.140.53 681 PBT3.990.37 978 NP2.660.17 1465

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Andrew Yule & Company standalone net profit rises 79.14% in the September 2016 quarter
Nov 11,2016

Net profit of Andrew Yule & Company rose 79.14% to Rs 27.14 crore in the quarter ended September 2016 as against Rs 15.15 crore during the previous quarter ended September 2015. Sales rose 17.53% to Rs 126.71 crore in the quarter ended September 2016 as against Rs 107.81 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales126.71107.81 18 OPM %10.9510.31 - PBDT29.0317.56 65 PBT27.5615.52 78 NP27.1415.15 79

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Garware Polyester standalone net profit rises 59.27% in the September 2016 quarter
Nov 11,2016

Net profit of Garware Polyester rose 59.27% to Rs 4.38 crore in the quarter ended September 2016 as against Rs 2.75 crore during the previous quarter ended September 2015. Sales declined 0.03% to Rs 207.08 crore in the quarter ended September 2016 as against Rs 207.15 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales207.08207.15 0 OPM %7.878.86 - PBDT11.138.29 34 PBT6.734.10 64 NP4.382.75 59

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Minda Corporation consolidated net profit rises 10.19% in the September 2016 quarter
Nov 11,2016

Net profit of Minda Corporation rose 10.19% to Rs 32.02 crore in the quarter ended September 2016 as against Rs 29.06 crore during the previous quarter ended September 2015. Sales rose 26.86% to Rs 774.41 crore in the quarter ended September 2016 as against Rs 610.43 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales774.41610.43 27 OPM %8.179.59 - PBDT58.7353.95 9 PBT38.2234.78 10 NP32.0229.06 10

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Wockhardt consolidated net profit declines 81.59% in the September 2016 quarter
Nov 11,2016

Net profit of Wockhardt declined 81.59% to Rs 17.02 crore in the quarter ended September 2016 as against Rs 92.45 crore during the previous quarter ended September 2015. Sales declined 13.41% to Rs 1064.69 crore in the quarter ended September 2016 as against Rs 1229.59 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales1064.691229.59 -13 OPM %9.3516.16 - PBDT63.04144.63 -56 PBT25.68109.78 -77 NP17.0292.45 -82

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Board of Cigniti Technologies approves restructuring of overseas subsidiaries
Nov 11,2016

The Board of Cigniti Technologies has approved the restructuring of overseas subsidiaries through scheme of arrangement by amalgamation of Cigniti Inc and Gallop Solutions Inc (Transferor Companies) into Cigniti Technologies Inc. (Transferee Company).

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Board of Mathew Easow Research Securities to consider September quarter results
Nov 11,2016

Mathew Easow Research Securities announced that a meeting of the Board of Directors of the Company will be held on 12 November 2016, inter-alia, to consider and take on record the following

1. Unaudited Financial Results of the Company for the quarter and half year ended 30 September 2016, and

2. Appointment of Chief Executive Officer (CEO) and Chief Financial Officer (CFO).

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Vintage Securities reschedules board meeting for September quarter results
Nov 11,2016

Vintage Securities has rescheduled the meeting of the Board of Directors to consider unaudited financial results (provisional) of the Company for the quarter and half year on 30 September 2016 from 12 November 2016 to 14 November 2016.

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MFL India reschedules board meeting
Nov 11,2016

MFL India announced that a meeting of Board of Directors of the Company was scheduled to be held on 14 November 2016 to consider and approve the following matters;

1. To consider and approve the Unaudited Financial Results for the quarter/half year ended on 30 September 2016.

2. To consider and approve the resignation of Sanjay Baldev Paul from the post of Director.

3. To Consider and approve the appointment of Saurabh Maheshwari as Company Secretary of the Company.

4. To consider and approve the resignation of Swati Jain from the post of Company Secretary of the Company.

5. To consider and approve the change of Registrar and Transfer Agent.

Which is now postpone due to some unavoidable condition and next date on which the Board Meeting scheduled to be held on is 13 December 2016 at the registered office of the Company at 4.00 P.M.

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Tata Chemicals drops after lacklustre Q2 earnings
Nov 11,2016

The result was announced after market hours yesterday, 10 November 2016.

Meanwhile, the S&P BSE Sensex was down 411.53 points or 1.5% at 27,106.15.

On BSE, so far 12,000 shares were traded in the counter as against average daily volume of 1 lakh shares in the past two weeks. The stock hit a high of Rs 500 and a low of Rs 494.40 so far during the day. The stock had hit a 52-week low of Rs 310.05 on 26 February 2016. The stock had hit a record high of Rs 585.10 on 24 October 2016.

The large-cap company has equity capital of Rs 254.76 crore. Face value per share is Rs 10.

Tata Chemicals Managing Director R. Mukundan said the quarter continued to witness a steady performance from the chemicals business in India. In other geographies, the European operations continue to show improved profitability. The companys focus remains on increasing operational performance across geographies, while remaining watchful of the volatility in the market. All requisite formalities on the sale of the urea business to Yara International are progressing as per expectations, he said. Going forward, the company will continue to focus on the consumer facing business and non-subsidy based farm business, with consumer products and specialty chemicals being its key areas of growth, Mukundan said.

Tata Chemicals is the market leader in Indias branded iodised salt segment. It is currently is the worlds second largest producer of soda ash with manufacturing facilities in Asia, Europe, Africa and North America. It is a leading manufacturer of urea and phosphatic fertilizers and, through its subsidiary Rallis, has a strong position in the crop protection business. The companys Centre for Agri-Solutions and Technology provides advice on farming solutions and crop nutrition practices.

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