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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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Parag Milk Foods launches new product Avataar Absolute Whey Protein
Feb 03,2017

Parag Milk Foods has launched new product Absolute Whey Protein with the brand name Avataar on 01 February 2017. The product is available in Double Chocolate flavour in pack sizes of 2 LBS and 5 LBS.

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Shares of Raideep Industries get listed
Feb 03,2017

The equity shares of Raideep Industries (Scrip Code: 540270) are listed effective 03 February 2017 and admitted to dealings on the Exchange in the list of XT Group Securities.

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Axis Bank may gain on fund raising plans
Feb 03,2017

Axis Bank announced that the board of directors of the bank has passed a resolution approving the allotment of 3 years senior floating rate notes aggregating to $10 million under the banks MTN Programme through its Dubai International Financial Centre (DIFC) branch. The announcement was made after market hours yesterday, 2 February 2017.

ACC announces Q4 results today, 3 February 2017.

Glenmark Pharmaceuticals consolidated net profit rose 143.16% to Rs 477.03 crore on 43.2% increase in total income to Rs 2549.57 crore in Q3 December 2016 over Q3 December 2015. The result was announced after market hours yesterday, 2 February 2017.

Shares of Tata Power Company and Nelco will be in focus after Tata Power Company said that the company has completed the formalities for purchase of defence business of unattended ground sensors (UGS) of Nelco. The announcement was made after market hours yesterday, 2 February 2017. Tata Power Company had on 28 January 2015 entered into a binding understanding with Nelco to purchase its defence business of UGS.

Essel Propacks consolidated net profit fell 7.62% to Rs 37.95 crore on 16.98% increase in total income to Rs 607.50 crore in Q3 December 2016 over Q3 December 2015. The result was announced after market hours yesterday, 2 February 2017.

BSE will be in focus. Shares of BSE will be listed on the bourses today, 3 February 2017. The issue price of initial public offer (IPO) of BSE was set at Rs 806 per share. The IPO of BSE had received bids for 55.3 crore shares compared to 1.07 crore shares on offer, as per the NSE data. The IPO was subscribed 51.22 times. The issue opened for bidding on 23 January 2017 and closed on 25 January 2017. BSE owns and operates the BSE exchange platform (formerly the Bombay Stock Exchange), the first stock exchange in Asia, formed on 9 July 1875.

Tinplate Company of Indias net profit fell 80.64% to Rs 4.46 crore on 6.13%rise in gross total income from operations to Rs 222.44 crore in Q3 December 2016 over Q3 December 2015. The result was announced after market hours yesterday, 2 February 2017.

Stylam Industries announced that the company has proposed to sale of commercial space having covered area of 13,500 square meter facing Golf Course, IT Park, Panchkula. This has been decided by board of directors to focus on its core business of the company. The announcement was made after market hours yesterday, 2 February 2017.

Aegis Logistics consolidated net profit rose 25.53% to Rs 37.56 crore on 136% rise in net total income from operations to Rs 1248.05 crore in Q3 December 2016 over Q3 December 2015. The result was announced after market hours yesterday, 2 February 2017.

Transport Corporation of Indias net profit rose 44.7% to Rs 16.9 crore on 16.2% rise in total revenues to Rs 451.90 crore in Q3 December 2016 over Q3 December 2015. The result was announced after market hours yesterday, 2 February 2017.

Subros announced that it has won a major order from Indian Railways, Diesel Locomotive Works, Varanasi for which supplies are to be executed. The announcement was made after market hours yesterday, 2 February 2017.

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TVS Motor Company announces sales performance
Feb 02,2017

TVS Motor Company posted sales of 207,059 units in the month of January 2017 as against 208,485 units recorded in the month of January 2016.

Total two-wheelers registered sales of 202,209 units in January 2017 as against 201,233 units in January 2016. Domestic two-wheelers recorded sales of 172,101 units in January 2017 as against 172,162 units recorded in January 2016.

Scooters sales grew by 12 % from 62,552 units in the month of January 2016 to 70,049 units in the month of January 2017. Motorcycles recorded sales of 60,275 units in January 2017 as against 83,374 units registered in the month of January 2016.

Three-wheeler of the Company registered sales of 4,850 units in January 2017 as against 7,252 units in January 2016.

The Companys total exports registered sales of 34,110 units in the month of January 2017 as against 34,823 units recorded in the month of January 2016. Two-wheeler exports registered sales of 30,108 units in January 2017 as against 29,071 units in January 2016.

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Surya Roshni bags order worth Rs 80.30 crore
Feb 02,2017

Surya Roshni has obtained orders through competitive e-bidding for 2.86 lakh LED street lights amounting to Rs 80.30 crore under all India SLNP (Steet Lighting National Programme) for Pan India from Energy Efficiency Services.

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IDFC Bank announces appointment of nominee director
Feb 02,2017

IDFC Bank announced that Anindita Sinharay has been appointed as a Nominee Director, representing Government of India, on the Board of IDFC Bank (the Bank) w.e.f. 01 February 2017.

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Strides Shasun receives tentative approval for Fingolimod Capsules
Feb 02,2017

Strides Shasun announced that its subsidiary, Strides Shasun Global, Singapore has received tentative approval from the USFDA for its Para IV filing of Fingolimod Capsules, 0.5 mg. The can be launched on generic market formation expected in February 2019, with a potential 180 day exclusivity.

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Advance Metering Technology announces resignation of CFO
Feb 02,2017

Advance Metering Technology announced that Ravinder Singh has resigned from the post of Chief Financial Officer (CFO) of the Company w.e.f. 31 January 2017.

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Ujjivan Financial Services completes transfer of business to Ujjivan Small Finance Bank
Feb 02,2017

Ujjivan Financial Services announced that it has transferred its business to Ujjivan Small Finance Bank. Further, Ujjivan Small Finance Bank has commenced operations as a small finance bank with effect from 01 February 2017.

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Hypersoft Technologies announces resignation of company secretary
Feb 02,2017

Hypersoft Technologies announced that the Khushboo Joshi, Company Secretary & Compliance Officer of the Company has tendered the Resignation from the post with immediate effect.

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Electrosteel Steels reports standalone net loss of Rs 413.41 crore in the December 2016 quarter
Feb 02,2017

Net Loss of Electrosteel Steels reported to Rs 413.41 crore in the quarter ended December 2016 as against net loss of Rs 232.03 crore during the previous quarter ended December 2015. Sales declined 21.63% to Rs 463.52 crore in the quarter ended December 2016 as against Rs 591.48 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales463.52591.48 -22 OPM %-7.73-8.68 - PBDT-294.05-181.27 -62 PBT-413.41-232.03 -78 NP-413.41-232.03 -78

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Team Lease Services standalone net profit rises 86.65% in the December 2016 quarter
Feb 02,2017

Net profit of Team Lease Services rose 86.65% to Rs 9.09 crore in the quarter ended December 2016 as against Rs 4.87 crore during the previous quarter ended December 2015. Sales rose 25.22% to Rs 775.84 crore in the quarter ended December 2016 as against Rs 619.57 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales775.84619.57 25 OPM %1.461.00 - PBDT15.068.56 76 PBT14.097.49 88 NP9.094.87 87

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Florence Investech standalone net profit declines 91.29% in the December 2016 quarter
Feb 02,2017

Net profit of Florence Investech declined 91.29% to Rs 1.59 crore in the quarter ended December 2016 as against Rs 18.26 crore during the previous quarter ended December 2015. Sales declined 89.53% to Rs 2.46 crore in the quarter ended December 2016 as against Rs 23.49 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales2.4623.49 -90 OPM %97.1599.49 - PBDT2.3923.37 -90 PBT2.3923.37 -90 NP1.5918.26 -91

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Salzer Electronics standalone net profit rises 15.36% in the December 2016 quarter
Feb 02,2017

Net profit of Salzer Electronics rose 15.36% to Rs 3.98 crore in the quarter ended December 2016 as against Rs 3.45 crore during the previous quarter ended December 2015. Sales rose 1.02% to Rs 89.85 crore in the quarter ended December 2016 as against Rs 88.94 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales89.8588.94 1 OPM %10.7111.23 - PBDT8.397.05 19 PBT5.874.89 20 NP3.983.45 15

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Team Lease Services consolidated net profit rises 132.06% in the December 2016 quarter
Feb 02,2017

Net profit of Team Lease Services rose 132.06% to Rs 11.51 crore in the quarter ended December 2016 as against Rs 4.96 crore during the previous quarter ended December 2015. Sales rose 28.91% to Rs 798.66 crore in the quarter ended December 2016 as against Rs 619.57 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales798.66619.57 29 OPM %1.851.00 - PBDT18.148.66 109 PBT17.107.59 125 NP11.514.96 132

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