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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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Power Grid Corporation of India appoints director
Aug 10,2017

Power Grid Corporation of India has appointed Shalini Prasad, Additional Secretary, Ministry of Power as Part Time Director (Govt. Nominee Director) of POWERGRID.

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Punj Lloyd secures Railway Contract worth Rs 478 cr
Aug 10,2017

Punj Lloyd has won an EPC Railway Contract worth Rs 478 crore for 108.75 km of doubling work between Phulera - Degana in Rajasthan awarded by North Western Railway.

The scope of work entails composite works of construction of 2nd railway line with civil infrastructure work, track work, signalling and telecommunication work.

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Board of Alpa Laboratories approves merger with subsidiary
Aug 10,2017

The Board of Alpa Laboratories at its meeting held on 10 August 2017 has approved the merger of the wholly owned subsidiary company i.e. Norfolk Mercantile with the Company subject to approval of members of General Meeting.

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Board of Arnold Holdings appoints director
Aug 10,2017

The Board of Arnold Holdings at its meeting held on 10 August 2017 has appointed Mohandas Dasari as an Additional Director till ensuing AGM.

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Hong Kong Stocks hit by US - North Korea tensions
Aug 10,2017

The Hong Kong stock market finished lower for second straight session on Thursday, 10 August 2017, as risk-off selling flared on elevated tension over North Korea. The Hang Seng Index ended down 313 points or 1% to 27,444. The H-share index fell 180 points or 1.6% to 10,782. Turnover increased to HK$122 billion from HK$96.4 billion on Wednesday.

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Board of Rajasthan Cylinders & Containers appoints director
Aug 10,2017

The Board of Rajasthan Cylinders & Containers at its meeting held on 10 August 2017 has appointed Ravi Modi as Additional Director( Non-executive Independent).

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China Stocks fall on profit booking
Aug 10,2017

The Mainland China equity market dropped on Thursday, 10 August 2017, as profit taking triggered on tracking weak cues from regional and global markets, with materials and resources stocks being major losers after Chinas largest aluminium producer warning investors of market risks. The blue-chip CSI300 index fell 0.4% to 3,715.92 points. The Shanghai Composite Index lost 0.4% to 3,261.75 points.

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Board of Polytex India approves change in directorate
Aug 10,2017

The Board of Polytex India approved the following change in directorate at its meeting held on 10 August 2017 -

Resignation of Milind Lau Maladkar as an Independent Director of the Company.

Appointment of Nitin Kimji Kariya as Additional Director (Independent Director)

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Nikkei falls on geopolitical concerns
Aug 10,2017

The Japan share market finished session slight lower on Thursday, 10 August 2017, as risk sentiments remained downbeat amid geopolitical concerns over the Korean Peninsula while some investors squared away positions ahead of the three-day Obon holiday weekend here in Japan. Most of the TSE sectors declined with insurance, bank and construction-linked shares comprised those that declined the most. The Nikkei finished down 8.97 points, or 0.1%, at 19,729.74. The broader Topix shed 0.65 point to 1,617.25. Tokyo markets closed Friday for Japan public holiday.

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Board of Hypersoft Technologies approves change in directorate
Aug 10,2017

The Board of Directors of Hypersoft Technologies at its meeting held on 10 August 2017 approved the change in directorate as follows -

Considered the appointment of Premanshu Rana (DIN: 0002303368) as Independent Director w.e.f. 10 August, 2017.

Considered the resignation of Aashay Harshe (DIN: 0007721368), Independent Director w.e.f 10 August, 2017.

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IFGL Refractories fixes record date for scheme of amalgamation
Aug 10,2017

IFGL Refractories has fixed 01 September 2017 as record date for ascertaining shareholders of the Company entitled to equity shares of IFGL Exports in ratio of 1:1 following amalgamation of IFGL Refractories into IFGL Exports.

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Sai Jeevadhara Finance to convene EGM
Aug 10,2017

Sai Jeevadhara Finance announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 28 August 2017 .

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Techno Electric& Engg. Company to conduct AGM
Aug 10,2017

Techno Electric& Engg. Company announced that the Annual General Meeting (AGM) of the company will be held on 12 September 2017.

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Surya Industrial Corporation schedules board meeting
Aug 10,2017

Surya Industrial Corporation will hold a meeting of the Board of Directors of the Company on 14 August 2017.

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Garg Furnace to table results
Aug 10,2017

Garg Furnace will hold a meeting of the Board of Directors of the Company on 14 August 2017, to consider and approve the unaudited Financial Results for the Quarter ended 30/06/2017.

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