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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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Sunteck Realty gains after posting stellar Q1 results
Sep 15,2016

The result was announced after market hours yesterday, 14 September 2016.

Meanwhile, the BSE Sensex was down 24.06 points, or 0.08%, to 28,350.05.

On BSE, so far 87,430 shares were traded in the counter as against average daily volume of 81,902 shares in the past one quarter. The stock hit a high of Rs 275, so far during the day, which is a 52-week high for the stock. The stock hit a low of Rs 262.50 so far during the day. The stock had hit a 52-week low of Rs 173 on 12 February 2016. The stock had outperformed the market over the past one month till 14 September 2016, gaining 11.77% compared with 0.78% gains in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 13.11% as against Sensexs 7.49% gains.

The small-cap company has an equity capital of Rs 12.59 crore. Face value per share is Rs 2.

Commenting on the Q1 performance, Kamal Khetan, Chairman and Managing Director at Sunteck Realty said the operational performance has shown a remarkable growth with higher sales and collections. The company is looking forward to sustaining the strong performance for the rest of the year with the market sentiment looking positive for established real estate brands and for projects nearing completion.

Sunteck Realty is a real estate developer, with a focus in Mumbai.

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Ellora Paper Mills to hold AGM
Sep 15,2016

Ellora Paper Mills announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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Board of Anjani Portland Cement recommends dividend
Sep 15,2016

Anjani Portland Cement announced that the Board of Directors of the Company at its meeting held on 14 September 2016, inter alia, have recommended the dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

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Anukaran Commercial Enterprises to hold AGM
Sep 15,2016

Anukaran Commercial Enterprises announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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Divya Jyoti Industries to hold board meeting
Sep 15,2016

Divya Jyoti Industries will hold a meeting of the Board of Directors of the Company on 19 September 2016, to consider the resignation of Independent Director of the Company.

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Scooters India to hold AGM
Sep 15,2016

Scooters India announced that the 44th Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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Satya Miners & Transporters to hold AGM
Sep 15,2016

Satya Miners & Transporters announced that the 41st Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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Mangal Credit & Fincorp to hold board meeting
Sep 15,2016

Mangal Credit & Fincorp will hold a meeting of the Board of Directors of the Company on 21 September 2016, to aquire shares and make investment in Mangal Extrusion Private Limited.

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Kinetic Trust to hold AGM
Sep 15,2016

Kinetic Trust announced that the Annual General Meeting (AGM) of the company will be held on 29 September 2016.

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Pankaj Polypack to hold AGM
Sep 15,2016

Pankaj Polypack announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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Titagarh Wagons to hold AGM
Sep 15,2016

Titagarh Wagons announced that the Annual General Meeting (AGM) of the company will be held on 29 September 2016.

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Syschem (India) to hold AGM
Sep 15,2016

Syschem (India) announced that the Annual General Meeting (AGM) of the company will be held on 29 September 2016.

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Avon Mercantile to hold AGM
Sep 15,2016

Avon Mercantile announced that the 31st Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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Pagaria Energy to hold AGM
Sep 15,2016

Pagaria Energy announced that the 25th Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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Noble Polymers to hold AGM
Sep 15,2016

Noble Polymers announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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