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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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Inox Leisure provides business update
May 10,2017

Inox Leisure announced that the Company has not renewed the License Agreement with Bruhat Bengaluru Mahanagara Palike and has accordingly discontinued the Commercial Operations of the Multiplex Cinema Theatre situated at 2nd Floor, Shankarnag Chitramandira, M. G. Road, Bengaluru - 560001. The said Multiplex Cinema Theatre had 1 screen and 612 seats. INOX is now present in 58 cities with 118 Multiplexes, 471 screens and a total seating capacity of 1,18,284 seats across India.

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IL&FS Investment Managers provides update on scheme of arrangement and amalgamation
May 10,2017

IL&FS Investment Managers announced that the Supreme Court of Mauritius has approved the Scheme of Arrangement and Amalgamation between its subsidiaries IIML Advisors LLC and IL&FS Investment Advisors LLC. The said court order has been filled with Registrar of Companies, Mauritius.

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Lakhotia Polyesters (India) to hold AGM
May 10,2017

Lakhotia Polyesters (India) announced that the Annual General Meeting (AGM) of the company will be held on 31 July 2017.

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Board of Vijaya Bank recommends final dividend
May 10,2017

Vijaya Bank announced that the Board of Directors of the Company at its meeting held on 9 May 2017, inter alia, have recommended the final dividend of Rs 1.5 per equity Share (i.e. 15%) , subject to the approval of the shareholders.

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Board of Godrej Consumer Products recommends dividend
May 10,2017

Godrej Consumer Products announced that the Board of Directors of the Company at its meeting held on 9 May 2017, inter alia, have recommended the dividend of Rs 12 per equity Share (i.e. 1200%) , subject to the approval of the shareholders.

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Godrej Consumer Products to hold AGM
May 10,2017

Godrej Consumer Products announced that the Annual General Meeting (AGM) of the company will be held on 31 July 2017.

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Honeywell Automation India to hold board meeting
May 10,2017

Honeywell Automation India will hold a meeting of the Board of Directors of the Company on 16 May 2017, for business review and appointment of Company Secretary [KMP].

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GTL to hold board meeting
May 10,2017

GTL will hold a meeting of the Board of Directors of the Company on 8 May 2017, to approve the Audited Financial Results on standalone and consolidated basis for the year ended 31 March 2017 along with notes and Joint Auditors Report relating thereto

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Precision Containeurs to hold AGM
May 10,2017

Precision Containeurs announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2017.

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Board of BSE recommends final dividend
May 10,2017

BSE announced that the Board of Directors of the Company at its meeting held on 5 May 2017, inter alia, have recommended the final dividend of Rs 23 per equity Share (i.e. 1150%) , subject to the approval of the shareholders.

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Hindalco provides update on subsidiary - Novelis
May 10,2017

Hindalco Industries announced that its subsidiary, Novelis Inc. has entered into a joint venture agreement with Kobe Steel, a producer of aluminium products in Japan. The joint venture to be named as Ulsan Aluminium, will be formed by Novelis selling Kobe Steel 50 per cent of its ownership interest in its Ulsan, South Korea facility for USD 315 million.

Through the joint venture, Novelis and Kobe Steel will jointly own and operate the Ulsan facility, with each company remaining responsible for its metal supply and commercial relationship. The joint venture transaction is expected to close in September 2017, subject to customary closing conditions.

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Somany Ceramics intimates increase in capacity of polished vitrified tiles
May 10,2017

Somany Ceramics announced that expansion of Vintage Plant (Morbi) of Vintage Tiles (an Associate Company) to produce Polished Vitrified Tiles (double charge) upto 4.80 million Square Meter (MSM) per annum is successfully completed and commercial production has commenced from 10 May 2017. This will enable the company to produce value added Polished Vitrified Tiles (double charge) in different sizes. As a result of this expansion, the capacity of the Plant has increased from 2.99 msm per annum to 4.80 msm per annum.

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Shyam Telecom appoints company secretary
May 10,2017

Shyam Telecom announced that Saurav Goel has been appointed as new Company Secretary w.e.f. 10 May 2017 in place of Dharmender Dhingra, the previous Company Secretary due to his demise on 29 March 2017.

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Indiabulls Ventures allots 38,864,582 equity shares to Cinnamon Capital (FPI)
May 10,2017

Indiabulls Ventures (the Company) has issued and allotted an aggregate of 38,865,582 (Thirty Eight Million Eight Hundred Sixty Five Thousand and Five Hundred Eighty Two) fully paid up equity shares of face value of Rs. 2/- each of the Company, at an issue price of Rs. 58.40 (including a premium of Rs. 56.40) per equity share, to Cinnamon Capital, a Category III foreign portfolio investor registered with the Securities and Exchange Board of India. Consequent to the said allotment, the paid-up Equity Share Capital of the Company stands increased to Rs. 785,445,004 divided into 392,722,502 equity shares of face value of Rs. 2/-each.

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BITS appoints MD
May 10,2017

BITS announced that Omprakash Ramashankar Pathak has been appointed as Managing Director of the Company with effect from 08 May 2017.

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