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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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Gartner Says Worldwide Server Revenue Declined 0.8 Percent in the Second Quarter of 2016, While Shipments Increased 2 Percent
Sep 15,2016

In the second quarter of 2016, worldwide server revenue declined 0.8 percent year over year, while shipments grew 2 percent from the second quarter of 2015, according to Gartner, Inc. There was some shuffling among the top vendors in the second quarter, as Dell moved into the top spot in shipments, while Hewlett Packard Enterprise (HPE) remained the worldwide leader in server revenue.

The second quarter of 2016 produced some continued growth on a global level compared with the first quarter, although there were some varied results regionally, said Jeffrey Hewitt, research vice president at Gartner. All regions showed a decline in shipments except Asia/Pacific and North America, which posted growth of 5.6 percent and 3 percent, respectively. In terms of revenue, all regions except for Asia/Pacific and Eastern Europe exhibited a decline. Asia/Pacific grew by 6.1 percent and Eastern Europe posted 1 percent growth. Variations of growth by data center segments and exchange rate issues are the main reasons for these results.

x86 servers grew 2.1 percent in shipments and 5.8 percent in revenue in the second quarter of 2016. Dell garnered 19.3 percent of the market and moved into the No. 1 position in worldwide server shipments due primarily to growth resulting from programs it has in place in the Asia/Pacific region, most notably in China. However, HPE continued to lead the x86 market in revenue with 26 percent of the market, said Mr. Hewitt.

Despite a decline of 6.4 percent, HPE continued to lead in the worldwide server market, based on revenue, with 23.7 percent market share (see Table 1). Dell grew 9.9 percent and maintained the second spot in the market with 19.1 percent market share. IBM secured the third position with 9.1 percent of the market but experienced the largest decline among the top five vendors.

Table 1
Worldwide: Server Vendor Revenue Estimates, 2Q16 (U.S. Dollars)

Company2Q16 Revenue2Q16 Market Share (%)2Q15 Revenue2Q15 Market Share (%)2Q16-2Q15 Growth (%)HPE3,208,997,82923.73,428,089,69225.1-6.4Dell2,594,180,87319.12,361,553,74617.39.9IBM1,226,947,9689.11,869,261,14513.7-34.4Lenovo968,175,3167.1949,775,8937.01.9Cisco858,924,0006.3866,700,0006.3-0.9Others4,695,515,87534.64,180,263,72330.612.3Total13,552,741,861100.013,655,644,198100.0-0.8

Source: Gartner (September 2016)

Due to its success in the x86 market, Dell moved into the No. 1 position in server shipments in the second quarter of 2016, with 8.9 percent growth, garnering 19.2 percent market share (see Table 2). HPE dropped to the second spot with 17.2 percent shipment share, representing an 18.7 percent decline year over year.*

Table 2
Worldwide: Server Vendor Shipment Estimates, 2Q16 (Units)

Company2Q16 Shipments2Q16 Market Share (%)2Q15 Shipments2Q15 Market Share (%)2Q16-2Q15 Growth (%)Dell529,13519.2485,74518.08.9HPE474,80317.2583,79021.6-18.7Lenovo235,2678.5222,2068.25.9Huawei139,8665.1122,5654.514.1Inspur120,4174.482,0323.046.8Others1,258,04545.61,207,00544.64.2Total2,757,532100.02,703,344100.02.0

Source: Gartner (September 2016)

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