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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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Orbit Exports standalone net profit declines 7.78% in the December 2016 quarter
Jan 25,2017

Net profit of Orbit Exports declined 7.78% to Rs 4.15 crore in the quarter ended December 2016 as against Rs 4.50 crore during the previous quarter ended December 2015. Sales declined 4.70% to Rs 27.16 crore in the quarter ended December 2016 as against Rs 28.50 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales27.1628.50 -5 OPM %30.4930.98 - PBDT8.108.77 -8 PBT6.407.22 -11 NP4.154.50 -8

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Cholamandalam Investment & Finance Company standalone net profit rises 11.54% in the December 2016 quarter
Jan 25,2017

Net profit of Cholamandalam Investment & Finance Company rose 11.54% to Rs 162.52 crore in the quarter ended December 2016 as against Rs 145.70 crore during the previous quarter ended December 2015. Sales rose 11.50% to Rs 1169.75 crore in the quarter ended December 2016 as against Rs 1049.12 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales1169.751049.12 11 OPM %70.7070.22 - PBDT261.35225.88 16 PBT250.92220.94 14 NP162.52145.70 12

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Chambal Breweries & Distilleries reports standalone net profit of Rs 0.01 crore in the December 2016 quarter
Jan 25,2017

Net profit of Chambal Breweries & Distilleries reported to Rs 0.01 crore in the quarter ended December 2016. There were no net profit/loss reported 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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Sagar Cements standalone net profit declines 41.25% in the December 2016 quarter
Jan 25,2017

Net profit of Sagar Cements declined 41.25% to Rs 1.78 crore in the quarter ended December 2016 as against Rs 3.03 crore during the previous quarter ended December 2015. Sales rose 7.71% to Rs 121.28 crore in the quarter ended December 2016 as against Rs 112.60 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales121.28112.60 8 OPM %12.9512.32 - PBDT10.6511.25 -5 PBT3.565.01 -29 NP1.783.03 -41

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Shree Digvijay Cement Co. reports standalone net loss of Rs 10.80 crore in the December 2016 quarter
Jan 25,2017

Net loss of Shree Digvijay Cement Co. reported to Rs 10.80 crore in the quarter ended December 2016 as against net profit of Rs 6.47 crore during the previous quarter ended December 2015. Sales declined 27.96% to Rs 62.74 crore in the quarter ended December 2016 as against Rs 87.09 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales62.7487.09 -28 OPM %-5.9312.78 - PBDT-5.509.30 PL PBT-10.806.47 PL NP-10.806.47 PL

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Saregama India standalone net profit declines 66.57% in the December 2016 quarter
Jan 25,2017

Net profit of Saregama India declined 66.57% to Rs 1.10 crore in the quarter ended December 2016 as against Rs 3.29 crore during the previous quarter ended December 2015. Sales rose 0.69% to Rs 54.19 crore in the quarter ended December 2016 as against Rs 53.82 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales54.1953.82 1 OPM %4.417.86 - PBDT3.306.28 -47 PBT2.224.22 -47 NP1.103.29 -67

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VRL Logistics standalone net profit declines 16.15% in the December 2016 quarter
Jan 25,2017

Net profit of VRL Logistics declined 16.15% to Rs 21.75 crore in the quarter ended December 2016 as against Rs 25.94 crore during the previous quarter ended December 2015. Sales rose 4.97% to Rs 448.30 crore in the quarter ended December 2016 as against Rs 427.08 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales448.30427.08 5 OPM %13.2515.68 - PBDT56.4162.58 -10 PBT32.5440.16 -19 NP21.7525.94 -16

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IIFL Holdings standalone net profit declines 67.79% in the December 2016 quarter
Jan 25,2017

Net profit of IIFL Holdings declined 67.79% to Rs 25.91 crore in the quarter ended December 2016 as against Rs 80.45 crore during the previous quarter ended December 2015. Sales declined 55.87% to Rs 36.17 crore in the quarter ended December 2016 as against Rs 81.97 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales36.1781.97 -56 OPM %95.1998.84 - PBDT32.8479.60 -59 PBT32.6779.58 -59 NP25.9180.45 -68

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Tata Consultancy Services to collaborate with Gfi Infromatique on smart city technology
Jan 25,2017

Tata Consultancy Services announced a Proof of Concept for the City of Belfort, France using big data analytics to optimise urban bus transport. The solution is a collaboration between the Citys Board of Public Transport, Gfi Informatique and TCS. It will support Belforts smart city strategy, which aims to help local authorities deploy digital transformation projects.

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Inox Leisure opens Multiplex Cinema Theatre in Aurangabad
Jan 25,2017

Inox Leisure has commenced the Commercial Operations of a Multiplex Cinema Theatre, taken on Leave & License basis, and located at Reliance Mega Mall, Gajanan Maharaj Mandir Road, Garkheda, Aurangabad - 431 009 with effect from 25 January 2017.

The said Multiplex Cinema Theatre has 3 screens and 880 seats.

INOX is now present in 57 cities with 114 Multiplexes, 449 screens and a total seating capacity of 1,14,171 seats across India.

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National Fertilizer gets ratings assigned for various credit facilities
Jan 25,2017

National Fertilizer has been assigned the following ratings by India Ratings & Research -

Fund based working capital - IND AA/ Stable / IND A1+

Non-fund based working capital - IND A1+

Long term loans -Ammonia Feedstock Conversion Project - IND AA/ Stable

Long term loans -External Commercial Borrowings - IND AA/ Stable

Proposed long term loans - Provisional IND AA/ Stable

Commercial Paper - IND A1+

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Great Eastern Shipping Company takes delivery of vessel
Jan 25,2017

Great Eastern Shipping Company took delivery of a second hand Aframax Crude Carrier Jag Laxmi (2012 Built) of about 105,525 dwt. The company had contracted to buy the vessel in November 2016.

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Chemfab Alkalis gets accreditation for chemical testing at its QA Laboratory at Puducherry
Jan 25,2017

Chemfab Alkalis announced that Companys Quality Assurance (QA) Laboratory at Puducherry Plant has been granted Accreditation for Chemical Testing in accordance with ISO 17025-2005 by National Accreditation Board for testing & calibration laboratories (NABL).

NABL is an autonomous Institution under the Department of Science and Technology, Government of India.

Companys QA Laboratory is the first laboratory in India and the Chlor-alkali sector to be given this accreditation for analysis of chlor-alkali related samples.

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Tata Steel to acquire majority stake in Creative Port Development
Jan 25,2017

Tata Steel has executed definitive agreements with Creative PortDevelopment (CPDPL) and their promoters for the proposed development of n++Subarnarekha Portn++ at Chaumukh village of Balasore district in Odisha.

As per the agreements, TSL will acquire majority equity stake in CPDPL, and the port development is envisaged through a wholly-owned subsidiary, Subarnarekha Port (SPPL). The acquisition and development is subject to certain conditions precedent, detailed technical assessments and financial closure.

CPDPL, promoted by two technoprenuers, Ramani Ramaswamy and Ramaswamy Rangarajan, had entered into a Concession Agreement with the Government of Odisha in January 2008 to develop the Subarnarekha Port as an allweather deep-draft facility. Detailed engineering study to arrive at the configuration and the project cost will be undertakensoon.

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Havells India to launch range of personal grooming product
Jan 25,2017

Havells India is extending its current product range of small domestic appliances with the addition of personal grooming products.

The relevant disclosures prescribed under the captioned regulation are given hereunder:-

a) Name of the product - Personal Grooming Products such as Trimmers, Shavers, Hair dryer, Epilator, Straightener etc.

b) Date of launch - Formal launch expected in early February, 2017

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