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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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Orissa Minerals Development Company to hold board meeting
Feb 07,2017

Orissa Minerals Development Company will hold a meeting of the Board of Directors of the Company on 13 February 2017, to consider, approve and take on record the Unaudited Financial Results of the Company for the quarter ended 31 December 2016.

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Asian Flora to hold board meeting
Feb 07,2017

Asian Flora will hold a meeting of the Board of Directors of the Company on 13 February 2017, to approve the un-audited financial result for the quarter ended 31 December 2016 along with Limited Review Report.

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Navketan Merchants to hold board meeting
Feb 07,2017

Navketan Merchants will hold a meeting of the Board of Directors of the Company on 13 February 2017, to consider and approve the Unaudited Financial Results of the Company for quarter and nine months ended 31 December 2016.

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Mysore Petro Chemicals to hold board meeting
Feb 07,2017

Mysore Petro Chemicals will hold a meeting of the Board of Directors of the Company on 14 February 2017, to approve the Unaudited Financial Results for the 3rd quarter ended 31 December 2016.

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Prudential Sugar Corporation to hold board meeting
Feb 07,2017

Prudential Sugar Corporation will hold a meeting of the Board of Directors of the Company on 14 February 2017, to consider and take on records the Un-audited financial results for the Third Quarter ended 31 December 2016.

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Kanel Industries to hold board meeting
Feb 07,2017

Kanel Industries will hold a meeting of the Board of Directors of the Company on 14 February 2017, to approve the unaudited Financial Results for the Quarter and Nine months ended 31 December 2016.

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Board of Bharat Heavy Electricals recommends dividend
Feb 07,2017

Bharat Heavy Electricals announced that the Board of Directors of the Company at its meeting held on 7 February 2017, inter alia, have recommended the dividend of Rs 0.8 per equity Share (i.e. 40%) , subject to the approval of the shareholders.

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Mideast (India)(liquidated) to hold board meeting
Feb 07,2017

Mideast (India)(liquidated) will hold a meeting of the Board of Directors of the Company on 14 February 2017, to approve the unaudited Standalone financial results for the third quarter and nine months ended 31 December 2016.

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SVA India to hold board meeting
Feb 07,2017

SVA India will hold a meeting of the Board of Directors of the Company on 13 February 2017, to approve the unaudited Financial Results for the Quarter and Nine months ended 31 December 2016.

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Jenson & Nicholson (India) to hold board meeting
Feb 07,2017

Jenson & Nicholson (India) will hold a meeting of the Board of Directors of the Company on 14 February 2017, to consider and approve Standalone Unaudited financial results of the Company for the quarter ended 31 December 2016.

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Alkem enters into alliance with Haw Par
Feb 07,2017

Alkem Labs has entered into alliance with Haw Par India, a wholly owned subsidiary of Haw Par Healthcare, Singapore to exclusively market, sell and distribute Tiger Balm range of Products in India. Tiger Balm products will be promoted by Alkem Healthcare, an over the counter division of Alkem.

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NLC India appoints director
Feb 07,2017

NLC India announced Nalini Padmanabhan has been appointed as a Non-official Independent Director on the Board of Directors of the Company w.e.f. 02 February 2017.

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SRF commissions BOPET Film plant and Metallizer plant in Indore
Feb 07,2017

SRF announced that the first phase of new greenfield packaging film line project in the Domestic Tariff Area, Pithampur, Indore viz. Bi-axially Oriented Polyethylene Terephthalate (BOPET) Film Plant and Metallizer plant has been commissioned and capitalized at a cost of Rs. 330 crore (approx.) on 07 February 2017.

The second phase comprising of Offline Coating Machine with an estimated cost of Rs. 26 crore is under commissioning.

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Technofab Engineering receives two new orders worth Rs 220 cr
Feb 07,2017

Technofab Engineering announced that the Company has received two new orders from Power Grid Corporation of India amounting to Rs. 220 crore in the State of Tripura. Both orders are in the Industrial and Rural Electrification Sector and works related to 33/11 KV Sub Stations & associated lines. The order have a timeline of 33 month for completion.

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Axis Bank to sell 10% stake held in Experian India
Feb 07,2017

Axis Bank has signed an agreement for sale of 1,40,00,000 equity shares (10% of total outstanding shares) of face value of Rs. 10 per share of Experian Credit Information Company of India (Experian India or the n++Entityn++) at Rs.45.7 per share, resulting in a total cash consideration of Rs. 64.00 crore (n++Transaction). The above Transaction is subject to requisite regulatory approvals, including from Reserve Bank of India.

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