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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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Ansal Properties & Infrastructure standalone net profit declines 95.12% in the December 2016 quarter
Feb 08,2017

Net profit of Ansal Properties & Infrastructure declined 95.12% to Rs 0.22 crore in the quarter ended December 2016 as against Rs 4.51 crore during the previous quarter ended December 2015. Sales declined 42.78% to Rs 99.43 crore in the quarter ended December 2016 as against Rs 173.76 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales99.43173.76 -43 OPM %8.5911.12 - PBDT2.2411.21 -80 PBT1.289.53 -87 NP0.224.51 -95

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Ganesh Holdings reports standalone net loss of Rs 0.04 crore in the December 2016 quarter
Feb 08,2017

Net Loss of Ganesh Holdings reported to Rs 0.04 crore in the quarter ended December 2016 as against net loss of Rs 0.04 crore during the previous quarter ended December 2015. Sales remain constant at Rs 0.01 crore in the quarter ended December 2016 and also during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0.010.01 0 OPM %-400.00-400.00 - PBDT-0.04-0.04 0 PBT-0.04-0.04 0 NP-0.04-0.04 0

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Gujarat Toolroom reports standalone net loss of Rs 0.01 crore in the December 2016 quarter
Feb 08,2017

Net Loss of Gujarat Toolroom reported to Rs 0.01 crore in the quarter ended December 2016 as against net loss of Rs 0.02 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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Modipon reports standalone net loss of Rs 1.15 crore in the December 2016 quarter
Feb 08,2017

Net loss of Modipon reported to Rs 1.15 crore in the quarter ended December 2016 as against net profit of Rs 2.38 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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South Indian Bank fixes record date for rights issue
Feb 08,2017

South Indian Bank announced that the Capital Planning and Infusion Committee of the Board has, by a resolution dated 07 February 2017 fixed 17 February 2017 as the record date for the purpose of determining the shareholders eligible to apply for the equity shares on a rights basis (Issue).

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Samtel Color reports standalone net loss of Rs 1.99 crore in the December 2016 quarter
Feb 08,2017

Net Loss of Samtel Color reported to Rs 1.99 crore in the quarter ended December 2016 as against net loss of Rs 8.20 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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Bharat Forge fixes record date for interim dividend
Feb 08,2017

Bharat Forge has fixed 18 February 2017 as the Record Date for the purpose of Payment of Interim Dividend. The Interim Dividend shall be paid on or before 28 February 2017.

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NTPC to pay interim dividend for FY 2017
Feb 08,2017

NTPC announced that interim dividend for FY 2017 shall be paid on 22 February 2017.

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Board of NTPC declares interim dividend
Feb 08,2017

NTPC announced that the Board of Directors of the Company at its meeting held on 08 February 2017, inter alia, has decided, to pay interim dividend at the rate of 26.10% (Rs. 2.61 per share) on the face value of paid-up equity shares of Rs. 10/- each for the financial year 2016-17.

The date of payment / dispatch of dividend shall be 22 February 2017.

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Solar Industries India revises record date for interim dividend
Feb 08,2017

Solar Industries India has revised the record date to 22 February 2017 for the purpose of payment of Interim Dividend (if declared) for the Financial Year 2016-17.

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AIA Engineering fixes record date for interim dividend
Feb 08,2017

AIA Engineering has fixed 22 February 2017 as the Record Date for the purpose of Payment of Interim Dividend, if declared.

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IDBI Bank announces appointment of director
Feb 08,2017

IDBI Bank announced that Govt. of India, Ministry of Finance, Department of Financial Services has, vide their Notification dated 07 February 2017, appointed Praveen Garg, Joint Secretary, Department of Economic Affairs, Ministry of Finance, Govt. of India as Government Nominee Director on the Board of IDBI Bank in terms of Article 116(1)(c) of the Articles of Association w.e.f. 07 February 2017 and until further orders. Praveen Garg is not related to any other Director on the Board of the Bank.

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Tata Steel shines after turnaround Q3 result
Feb 08,2017

The result was announced after market hours yesterday, 7 February 2017.

Meanwhile, the S&P BSE Sensex was down 42.65 points, or 0.15%, to 28,292.51

On the BSE, so far 9.65 lakh shares were traded in the counter, compared with average daily volumes of 7.30 lakh shares in the past one quarter. The stock hit a high of Rs 487 in intraday trade so far, which is 52-week high for the counter. The stock had hit a low of Rs 474.60 so far during the day. The stock hit a 52-week low of Rs 211.30 on 12 February 2016.

The large-cap company has equity capital of Rs 971.22 crore. Face value per share is Rs 10.

Tata Steels total income rose 13.64% to Rs 28143.51 crore in Q3 December 2016 over Q3 December 2015.

Tata Steels consolidated earnings before interest, taxation, depreciation and amortization (EBITDA) surged 321.62% to Rs 3550 crore in Q3 December 2016 over Q3 December 2015.

T V Narendran, Managing Director, Tata Steel India and South East Asia, said that while the broader market was affected by lower rural sales and adverse consumer sentiments, the company was able to increase overall volumes and register strong growth across all target customer segments. Further, focus on cost improvement initiatives and integrated operations helped in containing the impact of rising raw material prices, T V Narendran said.

Tata Steel Group stands among the top global steel companies with an annual crude steel capacity of 28 million tonnes per annum (MnTPA) and a turnover of $17.69 billion in the year ended 31 March 2016. It is the worlds second-most geographically-diversified steel producer, with operations in 26 countries and commercial presence in over 50 countries.

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Shreyas Shipping & Logistics signs MoU for acquisition of a container vessel
Feb 08,2017

Shreyas Shipping & Logistics has signed a Memorandum of Understanding (MOU) for acquisition of one container vessel of 2500 teus. The delivery of the vessel is expected towards end of February, 2017.

With this acquisition, the Company will own a fleet of 10 vessels. The new vessel shall be deployed on the Indian coast.

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Board of Gateway Distriparks appoints Joint Managing Director
Feb 08,2017

Gateway Distriparks announced that the Board of Directors of the Company at its meeting held on 08 February 2017, inter alia, Ishaan Gupta, Director has been appointed as Joint Managing Director of the Company for a period of five years with effect from 08 February 2017, subject to the approval of the shareholders of the Company.

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