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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 Eastern Gases
Jan 02,2017

Eastern Gases announced that the meeting of Board of Directors of the Company held on 02 January 2017, has discussion on the following business:

1. Due to unavoidable circumstances Extraordinary General Meeting of the Company will not held on 27 January 2017.

2. Has discussion on the banking related matters and on working of the Company.

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Bharat Financial Inclusion to consider Q3 results
Jan 02,2017

Bharat Financial Inclusion announced that a Meeting of the Board of Directors of the Company will be held on 24 January 2017, inter alia, to consider and approve the unaudited financial results (subjected to limited review by the Auditors) for the quarter ended 31 December 2016 (Q3).

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Outcome of board meeting of Bajaj Hindusthan Sugar
Jan 02,2017

Bajaj Hindusthan Sugar announced that the Board of Directors of the Company at its meeting held on 02 January 2017, inter alia, has considered seeking necessary approval of shareholders, the following by way of postal ballot:

1. In terms of Section 180(1)(a) of the Companies Act 2013 for sale of Co-generation business comprising of power generation facility aggregating to 449 MW.

2. In terms of Section 188 of the Companies Act 2013 and Rules there under and Regulation 23 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation 2015 for entering into contracts/arrangements in respect of the aforesaid transaction with related party for sale of Co-generation power business and also transactions of purchase of Power and Steam, sale of Bagasse, Bio gas and water, right to use agreement for use of common facilities, etc.

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Board of Kirloskar Industries to consider Q3 and 9M results
Jan 02,2017

Kirloskar Industries announced that a meeting of the Board of Directors of the Company will be held on 18 January 2017, inter alia, to consider and take on record Standalone Un-audited Financial Results for the quarter and nine months ended 31 December 2016.

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Trident to announce Q3 and 9M results
Jan 02,2017

Trident announced that a Board Meeting of the Company will be held on 18 January 2017, inter alia, to consider and approve the Unaudited Financial Results for the quarter and nine months ended on 31 December 2016.

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Central Provinces Railways Company postpones board meeting
Jan 02,2017

Central Provinces Railways Company announced that the Company would be holding a meeting of its Board of Directors on 04 January 2017. However, due to certain business exigencies the said meeting is postponed to 05 January 2017 at 6.00 pm.

Agenda for matters to be discussed in the Board Meeting remains unchanged.

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Sanathnagar Enterprises announces resignation of director
Jan 02,2017

Sanathnagar Enterprises announced Umashankar K Hegde has resigned as an Independent Director of the Company with effect from close of business hours as on 02 January 2017.

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Laurus Labs announces resignation of director
Jan 02,2017

Laurus Labs announced that pursuant to the exit of entire equity investments by Aptuit (Asia) (n++Aptuitn++) in the just concluded Initial Public Offer of the Company, Conner Town Mulvee, the Nominee Director of Aptuit, has tendered his resignation from the Board of the Company with immediate effect.

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Balrampur Chini Mills fixes record date for buyback of shares
Jan 02,2017

Balrampur Chini Mills announced that the Executive Committee of the Board of Directors, at its meeting held on 02 January 2017 has approved 13 January 2017 as the Record Date for the Buyback to determine:

1. The entitlement of equity shareholders in the Buyback; and

2. The shareholders who would be eligible to participate in the Buyback; and

3. The shareholders to whom the Letter of Offer and Tender Offer Form will be dispatched in relation to the Buyback.

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Board of Banco Products (India) to consider interim dividend for FY 2017
Jan 02,2017

Banco Products (India) announced that the Meeting of the Board of Directors is scheduled to be held on 11 January 2017, inter alia, to consider the following:

1. Consideration of Interim Dividend for the Current Financial Year ending on 31 March 2017.

2. Consideration of the Record Date for the purpose of Interim Dividend for the Current Financial Year ending on 31 March 2017, in case of the declaration of aforesaid Interim Dividend.

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Axis Bank allots equity shares
Jan 02,2017

Axis Bank has allotted 1,02,630 equity shares of Rs. 2/- each on 02 January 2017, pursuant to exercise of options under its ESOP Scheme.

The paid up share capital of the Bank will accordingly increase from Rs. 478,27,67,686 (239,13,83,843 equity shares of Rs. 2/- each) to Rs. 478,29,72,946 (239,14,86,473 equity shares of Rs. 2/-each).

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Power Finance Corporation announces change in directorate
Jan 02,2017

Power Finance Corporation announced the cessation of A K Agarwal as Director (Projects) with effect from 31 December 2016. The Company announced the appointment of Chinmoy Gangopadhyay as Director (Projects) with effect from 01 January 2017.

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Tata Teleservices (Maharashtra) gets revision in credit ratings for NCDs
Jan 02,2017

Tata Teleservices (Maharashtra) announced that India Ratings & Research has downgraded the Companys long term issuer rating and the rating on its Rs 750 crore Non Convertible Debentures (NCDs) to IND A from IND A+. The Outlook is Negative.

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TVS Motor Company announces sales figures
Jan 02,2017

TVS Motor Company clocked sales of 184,901 units during the month ofDecember 2016, as against 202,021 units registered in the month of December 2015.

Total two-wheelers recorded sales of 179,508 units in December 2016 as against 194,001 units in December 2015. Domestic two-wheeler registered sales of 153,413 units in December 2016 as against 168,160 units in December 2015.

Scooters registered sales of 55,536 units in the month of December 2016 as against 65,025 units in December 2015. Motorcycles recorded sales of 58,189 units in December 2016 as against 71,435 units registered in the month of December 2015.

Three-wheeler of the Company registered sales of 5,393 units in December 2016 as against 8,020 units in December 2015.

The Companys total exports registered sales of 30,694 units in the month of December 2016 as against 32,706 units recorded in the month of December 2015. Two-wheeler exports registered sales of 26,095units in December 2016 as against 25,841 units in December 2015.

During the third quarter of the current financial year, two-wheeler sales grew by 3.9% increasing from 6.76 lakh units in the third quarter of the previous year to 7.02 lakh units in the third quarter of the current year. Three-wheeler sales of the Company was at 0.16 lakh units in the third quarter of the current year as against 0.26 lakh units in the third quarter of the previous year.

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Pricol shifts plant to new location in Pune
Jan 02,2017

Pricol has shifted its Plant in Pune to new location with effect from end December 2016 as mentioned below -

Pricol, Global - Raisoni Industrial Park, Gat No. 180-187, Phulgaon, Haveli Taluka, Pune - 412216.

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