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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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Accelya and Mercator partner to create a global solutions provider
Feb 06,2017

Accelya and Mercator announced their intentions to combine, creating a leading global technology enabled solutions provider to airlines, travel agents and freight forwarders. The combined company will offer a broadened product portfolio with complementary offerings including revenue accounting, revenue management and revenue assurance, cargo management, payment solution, data analytics, cost management and commercial solutions.

The global private equity firm, Warburg Pinacus will be a majority shareholder in the combined company following its acquisition of Accelya from Chequers Capital.

The transaction in expected to close in first quarter of 2017.

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Board of Satya Miners & Transporters decides to shift registered office
Feb 06,2017

Satya Miners & Transporters announced the Board of Directors of the Company at its meeting held on 04 February 2017, inter alia, considered the following matters :

1. The Board decided to shift the registered office of the company from its existing place of business to the new address at 25/7, Rustamjee Street, Kolkata - 700019 w.e.f. 01 February 2017.

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Board of Satya Miners & Transporters decides to shift registered office
Feb 06,2017

Satya Miners & Transporters announced the Board of Directors of the Company at its meeting held on 04 February 2017, inter alia, considered the following matters :

1. The Board decided to shift the registered office of the company from its existing place of business to the new address at 25/7, Rustamjee Street, Kolkata - 700019 w.e.f. 01 February 2017.

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Board of Asian Hotels (North) appoints director
Feb 06,2017

The Board of Directors of Asian Hotels (North) at its meeting held on 05 February 2017 has approved appointment of Ranjan Bhattacharya as Additional Director with immediate effect in capacity of Independent Non-Executive Director, subject to approval of shareholders at forthcoming AGM.

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KCP spurts after strong Q3 result
Feb 06,2017

The announcement was made after market hours on Friday, 3 February 2017.

Meanwhile, the S&P BSE Sensex was up 168.27 points or 0.6% at 28,408.79

On BSE, so far 1,355 shares were traded in the counter as against average daily volume of 31,622 shares in the past one quarter. The stock hit a high of Rs 93.50 and a low of Rs 92 so far during the day. The stock had hit a 52-week low of Rs 58.50 on 29 February 2016. The stock had hit a record high of Rs 115.85 on 20 October 2016.

The small-cap company has equity capital of Rs 12.89 crore. Face value per share is Re 1.

KCP is engaged in two main business segments viz. cement and heavy engineering. It also has captive power plants.

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ACC, Dr Reddys Laboratories in focus after declaring quarterly results
Feb 06,2017

Dr Reddys Laboratories consolidated net profit fell 15.95% to Rs 492.30 crore on 5.43% fall in total income to Rs 3763.50 crore in Q3 December 2016 over Q3 December 2015. The announcement was made on Saturday, 4 February 2017.

ACCs consolidated net profit fell 44.98% to Rs 54.34 crore on 6.13% fall in total income to Rs 2751.57 crore in Q4 December 2016 over Q4 December 2015. The announcement was made after market hours on Friday, 3 February 2017.

Lupin announced that it has received final approval for its Triamcinolone Acetonide Cream USP, 0.025%, 0.1% and 0.5% from the United States Food and Drug Administration (FDA) to market a generic equivalent of Mylan Pharmaceuticals Inc.s Triamcinolone Acetonide Cream, 0.025% and 0.1%. Lupin shall commence promoting the product shortly. The announcement was made after market hours on Friday, 3 February 2017.

Lupins Triamcinolone Acetonide Cream USP, 0.025%, 0.1% and 0.5% is an AT rated generic equivalent of Mylan Pharmaceuticals, Inc.s (formerly held by Delcor Asset Corporation) Triamcinolone Acetonide Cream, 0.025% and 0.1%. Triamcinolone Acetonide Cream USP, 0.025%, 0.1% and 0.5% is indicated for the relief of the inflammatory and pruritic manifestations of corticosteroid responsive dermatoses.

Triamcinolone Acetonide Cream USP, 0.025%, 0.1% and 0.5%. had US sales of USD 55.7 million (IMS MAT Sep 2016).

Grasim Industries said that the directors vide a circular resolution passed on 3 February 2017, approved the proposal to increase the limits for investment in the equity share capital of the company by Registered Foreign Portfolio Investors (including FIIs) from 30% to 49% of the companys total paid-up equity share capital of the company. The announcement was made after market hours on Friday, 3 February 2017.

Divis Laboratories reported 8.74% rise in net profit to Rs 268.32 crore on 13.84% rise in total income to Rs 994.95 crore in Q3 December 2016 over Q3 December 2015. The announcement was made on Saturday, 4 February 2017.

Jet Airways (India)s net profit dropped 69.52% to Rs 142.38 crore on 2.34% rise in total income to Rs 5768.47 crore in Q3 December 2016 over Q3 December 2015. The announcement was made after market hours on Friday, 3 February 2017.

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Board of Sai Capital decides on forfeiture of shares
Feb 06,2017

Sai Capital announced that the Board in its meeting held on 05 February 2017 has considered and approved to give a general notice through newspaper publication to shareholders to pay off their money due and unpaid on the shares held by them without interest till extended date on or before 16 February 2017. It has further been decided that in case the unpaid amount is not paid within the prescribed time, the shares will be forfeited without giving any further notice to its shareholders.

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Max Ventures and Industries intimates of change in CFO of Max Speciality Films
Feb 06,2017

Max Ventures and Industries announced that the Board of Directors of Max Speciality Films (MSF) in its meeting held on 04 February 2017, upon retirement of Dalbir Singh, Chief Financial Officer (CFO) on attaining the superannuation age on 31 January 2017 and considering the recommendations of the Nomination and Remuneration Committee has appointed Amit Jain as the Chief Financial Officer of MSF.

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Yuken India reports standalone net loss of Rs 0.40 crore in the December 2016 quarter
Feb 04,2017

Net loss of Yuken India reported to Rs 0.40 crore in the quarter ended December 2016 as against net profit of Rs 0.19 crore during the previous quarter ended December 2015. Sales declined 6.56% to Rs 44.04 crore in the quarter ended December 2016 as against Rs 47.13 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales44.0447.13 -7 OPM %2.885.52 - PBDT-0.011.28 PL PBT-0.750.11 PL NP-0.400.19 PL

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Five X Tradecom reports standalone net loss of Rs 0.07 crore in the December 2016 quarter
Feb 04,2017

Net Loss of Five X Tradecom reported to Rs 0.07 crore in the quarter ended December 2016 as against net loss of Rs 1.72 crore during the previous quarter ended December 2015. There were no Sales reported in the quarter ended December 2016 as against Rs -0.59 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0-0.59 100 OPM %0291.53 - PBDT-0.07-1.72 96 PBT-0.07-1.72 96 NP-0.07-1.72 96

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Balasore Alloys standalone net profit rises 715.71% in the December 2016 quarter
Feb 04,2017

Net profit of Balasore Alloys rose 715.71% to Rs 22.84 crore in the quarter ended December 2016 as against Rs 2.80 crore during the previous quarter ended December 2015. Sales rose 23.94% to Rs 266.89 crore in the quarter ended December 2016 as against Rs 215.33 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales266.89215.33 24 OPM %18.848.40 - PBDT40.9412.60 225 PBT35.046.62 429 NP22.842.80 716

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Hittco Tools reports standalone net loss of Rs 0.17 crore in the December 2016 quarter
Feb 04,2017

Net Loss of Hittco Tools reported to Rs 0.17 crore in the quarter ended December 2016 as against net loss of Rs 0.13 crore during the previous quarter ended December 2015. Sales declined 20.24% to Rs 1.34 crore in the quarter ended December 2016 as against Rs 1.68 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales1.341.68 -20 OPM %11.941.79 - PBDT0.09-0.07 LP PBT-0.18-0.58 69 NP-0.17-0.13 -31

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ABM Knowledgeware standalone net profit rises 37.23% in the December 2016 quarter
Feb 04,2017

Net profit of ABM Knowledgeware rose 37.23% to Rs 5.75 crore in the quarter ended December 2016 as against Rs 4.19 crore during the previous quarter ended December 2015. Sales rose 8.10% to Rs 19.88 crore in the quarter ended December 2016 as against Rs 18.39 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales19.8818.39 8 OPM %42.7635.62 - PBDT9.166.85 34 PBT8.736.42 36 NP5.754.19 37

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Relaxo Footwears standalone net profit rises 2.83% in the December 2016 quarter
Feb 04,2017

Net profit of Relaxo Footwears rose 2.83% to Rs 25.10 crore in the quarter ended December 2016 as against Rs 24.41 crore during the previous quarter ended December 2015. Sales rose 0.56% to Rs 387.83 crore in the quarter ended December 2016 as against Rs 385.67 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales387.83385.67 1 OPM %13.6314.05 - PBDT49.5848.39 2 PBT36.5536.23 1 NP25.1024.41 3

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Sumedha Fiscal Services standalone net profit declines 33.33% in the December 2016 quarter
Feb 04,2017

Net profit of Sumedha Fiscal Services declined 33.33% to Rs 0.16 crore in the quarter ended December 2016 as against Rs 0.24 crore during the previous quarter ended December 2015. Sales rose 23.94% to Rs 2.33 crore in the quarter ended December 2016 as against Rs 1.88 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales2.331.88 24 OPM %14.5926.60 - PBDT0.350.51 -31 PBT0.240.39 -38 NP0.160.24 -33

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