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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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Gaurav Mercantiles to hold board meeting
Oct 18,2016

Gaurav Mercantiles will hold a meeting of the Board of Directors of the Company on 27 October 2016 to approve the Un-Audited Financial Results of the Company for the quarter ended September 30, 2016 and to consider the other matter, if any.

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Mastek spurts after Q2 earnings
Oct 18,2016

The result was announced during trading hours today, 18 October 2016.

Meanwhile, the BSE Sensex was up 520.91 points, or 1.89%, to 28,050.88.

On BSE, so far 10.26 lakh shares were traded in the counter, compared with average daily volume of 24,591 shares in the past one quarter. The stock hit a high of Rs 153.90 and a low of Rs 133.50 so far during the day. The stock hit a 52-week high of Rs 211.40 on 1 December 2015. The stock hit a 52-week low of Rs 104.70 on 17 February 2016. The stock had outperformed the market over the past 30 days till 17 October 2016, rising 4.98% compared with 3.74% decline in the Sensex. The scrip had also outperformed the market in past one quarter, falling 0.11% as against Sensexs 0.93% decline.

The small-cap company has equity capital of Rs 11.62 crore. Face value per share is Rs 5.

Masteks consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) rose 27.3% to Rs 13.80 crore in Q2 September 2016 over Q1 June 2016. EBITDA margin was reported at 10.7% in Q2 September 2016 higher than 8.1% in Q1 June 2016.

The growth was driven by the ongoing operational improvement initiatives, effective expense management and decrease in tax expense, the company said in a release.

Mastek is a publicly held leading IT player with global operations providing enterprise solutions to government, retail and financial services organizations worldwide.

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GSL Securities to hold board meeting
Oct 18,2016

GSL Securities will hold a meeting of the Board of Directors of the Company on 2 November 2016.

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Lahoti Overseas to hold board meeting
Oct 18,2016

Lahoti Overseas will hold a meeting of the Board of Directors of the Company on 26 October 2016 to consider and approve the Quarterly and Half Yearly Unaudited Financial Results for the quarter and half year ended September 30, 2016 and such other matters as specified in Agenda.

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Gokaldas Exports to hold board meeting
Oct 18,2016

Gokaldas Exports will hold a meeting of the Board of Directors of the Company on 27 October 2016 to consider the Un-audited Financial Results and the inter alia for the quarter and half year ended September 30, 2016.

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Dish TV India to hold board meeting
Oct 18,2016

Dish TV India will hold a meeting of the Board of Directors of the Company on 28 October 2016 to consider, approve and take on record the Un-Audited Financial Results of the Company for the Second Quarter (Q2) and six months period ended September 30, 2016 of the Financial Year 2016-17, duly reviewed (Limited Review) by the Statutory Auditors of the Company.

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Mayur Floorings to hold board meeting
Oct 18,2016

Mayur Floorings will hold a meeting of the Board of Directors of the Company on 29 October 2016 To consider, approve and adopt the unaudited financial results of the Company for the financial quarter / period ended as on September 30, 2016, Appointment / Resignation of office bearers (Such as Auditor, Secretarial Auditor, Scrutinizes, Company Secretary, Director etc.)

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Mirch Technologies to hold board meeting
Oct 18,2016

Mirch Technologies will hold a meeting of the Board of Directors of the Company on 26 October 2016 to consider and approve the unaudited Financial Results of the Company, for the Quarter Ended on September 30, 2016.

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Frontline Securities to hold board meeting
Oct 18,2016

Frontline Securities will hold a meeting of the Board of Directors of the Company on 28 October 2016 to consider various business, including matter related to consider, approve and adopt the Unaudited Financial Statements of the Company for the quarter/Half year ended September 30, 2016.

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Shyama Infosys to hold board meeting
Oct 18,2016

Shyama Infosys will hold a meeting of the Board of Directors of the Company on 22 October 2016 to Consider the audited financial result for the quarter/yearly ended September 30, 2016.

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Tivoli Construction to hold board meeting
Oct 18,2016

Tivoli Construction will hold a meeting of the Board of Directors of the Company on 27 October 2016 to consider and take on record the Unaudited Quarterly Financial Results for the quarter ended September 30, 2016.

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Veejay Lakshmi Engineering Works to hold board meeting
Oct 18,2016

Veejay Lakshmi Engineering Works will hold a meeting of the Board of Directors of the Company on 14 November 2016 to consider and approve the unaudited Financial Results of the Company for the quarter ended September 30, 2016 along with other subjects.

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Tavernier Resources to hold board meeting
Oct 18,2016

Tavernier Resources will hold a meeting of the Board of Directors of the Company on 25 October 2016 to consider and approve the Un-audited Financial Results of the Company for the Quarter and Half Year Ended September 30, 2016.

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Santosh Fine Fab to hold board meeting
Oct 18,2016

Santosh Fine Fab will hold a meeting of the Board of Directors of the Company on 14 November 2016 to consider the Unaudited Financial Accounts of the Company for the quarter ended September 30, 2016

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Mavi Industries to hold board meeting
Oct 18,2016

Mavi Industries will hold a meeting of the Board of Directors of the Company on 25 October 2016 to consider and approve Unaudited Financial Results of the Company for the quarter & half year ended September 30, 2016.

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