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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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HPL Electric & Power issues commercial paper aggregating Rs 100 crore
Jun 09,2017

HPL Electric & Power has issued commercial paper of Rs 100 crore on 08 June 2017.

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Gati plans for conversion and redemption of FCCBs
Jun 09,2017

Gati has plans for conversion and redemption of FCCBs, as per the conversion notices received from the FCCB Bondholders. The Board will consider the proposal on 14 June 2017.

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Tata Motors announces group wholesales figures
Jun 09,2017

The Tata Motors Group global wholesales in May 2017, including Jaguar Land Rover, were at 86,385 nos., lower by 1%, over May 2016.

Global wholesales of all Tata Motors commercial vehicles and Tata Daewoo range in May 2017 were at 28,310 nos., lower by 13%, over May 2016.

Global wholesales of all passenger vehicles in May 2017 were at 58,075 nos., higher by 6%, compared to May 2016.

Global wholesales for Jaguar Land Rover were 47,131 vehicles. Jaguar wholesales for the month were 12,652 vehicles, while Land Roverwholesales for the month were 34,479 vehicles.

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Board of Hindustan Everest Tools decides to sell land of manufacturing plant in Sonepat
Jun 09,2017

The Board of directors of Hindustan Everest Tools on 09 June 2017 have decided to sell entire 23.56 acres of land of sole manufacturing plant at Village Jatheri, Sonepat, Haryana for net consideration of Rs 53.11 crore. The deal is likely to be completed by the end of financial year 2017-18. This is not a slump sale. Company has sold its Brand EVEREST separately and for better realization each of the plant/equipments/machinery / other assets of the plant are being sold individually.

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Radhika Jeweltech announces change in company secretary
Jun 09,2017

Radhika Jeweltech has appointed Pooja Sejpal as Company Secretary and Compliance Officer in place of Anjali Raythaththa.

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Alkem Laboratories appoints director
Jun 09,2017

Alkem Laboratories has appointed Dr. Dheeraj Sharma as an Additional Director, designated as Independent Director on the Board of Directors of the Company w.e.f. 26 May, 2017.

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Indian Sucrose plans to convert Preference Shares
Jun 09,2017

Indian Sucrose has plans to convert 7,00,000 6% Convertible Preference Shares into Equity Shares. The Board will consider the proposal on 16 June 2017.

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Elnet Technologies fixes record date for dividend
Jun 09,2017

Elnet Technologies has fixed 29 June 2017 as record date for payment of dividend. Dividend, if approved, will be paid on or after 06 July 2017.

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Mideast (India) announces company website
Jun 09,2017

Mideast (India) announced the company website - www.mideastindialtd.com.

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White Organic Agro plans overseas business diversification and expansion
Jun 09,2017

White Organic Agro has plans for overseas business diversification and expansion of the Company and to set up a unit / subsidiary of the Company in Middle East region. The Board will consider the proposals on 13 June 2017.

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Yes Bank allots 1,16,350 equity shares
Jun 09,2017

Yes Bank has allotted 1,16,350 equity shares under ESOP on 9 June 2017. With this allotment, the paid up equity share capital has increased to 45,74,58,132 equity shares of Rs 10 each.

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Ultracab (India) secures purchase orders
Jun 09,2017

Ultracab (India) has received purchase orders from various Government and Public Limited Companies worth Rs 10.51 crore in the current quarter.

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Aarvee Denims & Exports receives insurance claim money
Jun 09,2017

Aarvee Denims & Exports announced that with reference to the fire insurance claim lodged with Oriental Insurance Company and United India Insurance Company in respect of the fire incidence happened on 1 March 2015 at Companys Vijay Farm Unit, it has received Rs 6.74 crore from United India Insurance Company and Rs 6.29 crore from Oriental Insurance Company towards settlement of insurance claim.

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Arvind SmartSpaces announces appointment of director
Jun 09,2017

Arvind SmartSpaces announced the appointment of Additional Director in the category of Independent Director - Nirav Kalyanbhai Shah.

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Tata Motors-DVR to hold AGM
Jun 09,2017

Tata Motors-DVR announced that the Annual General Meeting AGM) of the company will be held 2017.

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