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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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Shaba Chemicals reports standalone nil net profit/loss in the September 2016 quarter
Dec 14,2016

Shaba Chemicals reported no net profit/loss in the quarter ended September 2016 and during the previous quarter ended September 2015. There were no Sales reported in the quarter ended September 2016 and during the previous quarter ended September 2015.

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Shree Rama Newsprint reports standalone net loss of Rs 2.59 crore in the September 2016 quarter
Dec 14,2016

Net loss of Shree Rama Newsprint reported to Rs 2.59 crore in the quarter ended September 2016 as against net profit of Rs 15.96 crore during the previous quarter ended September 2015. Sales rose 16.06% to Rs 106.06 crore in the quarter ended September 2016 as against Rs 91.38 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales106.0691.38 16 OPM %4.70-13.26 - PBDT1.1030.30 -96 PBT-4.4624.77 PL NP-2.5915.96 PL

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Gujarat NRE Coke reports standalone net loss of Rs 110.10 crore in the September 2016 quarter
Dec 14,2016

Net Loss of Gujarat NRE Coke reported to Rs 110.10 crore in the quarter ended September 2016 as against net loss of Rs 90.43 crore during the previous quarter ended September 2015. Sales declined 48.18% to Rs 123.68 crore in the quarter ended September 2016 as against Rs 238.66 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales123.68238.66 -48 OPM %0.87-20.67 - PBDT-95.02-118.69 20 PBT-110.10-133.85 18 NP-110.10-90.43 -22

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Trinetra Cement reports standalone net loss of Rs 2.96 crore in the September 2016 quarter
Dec 14,2016

Net loss of Trinetra Cement reported to Rs 2.96 crore in the quarter ended September 2016 as against net profit of Rs 3.06 crore during the previous quarter ended September 2015. Sales declined 5.09% to Rs 132.91 crore in the quarter ended September 2016 as against Rs 140.04 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales132.91140.04 -5 OPM %9.7414.20 - PBDT5.9611.91 -50 PBT-2.963.06 PL NP-2.963.06 PL

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Sundaram Brake Linings standalone net profit rises 1288.89% in the September 2016 quarter
Dec 14,2016

Net profit of Sundaram Brake Linings rose 1288.89% to Rs 1.25 crore in the quarter ended September 2016 as against Rs 0.09 crore during the previous quarter ended September 2015. Sales rose 5.77% to Rs 61.92 crore in the quarter ended September 2016 as against Rs 58.54 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales61.9258.54 6 OPM %6.204.22 - PBDT3.432.05 67 PBT2.000.27 641 NP1.250.09 1289

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Electrosteel Castings standalone net profit rises 323.45% in the September 2016 quarter
Dec 14,2016

Net profit of Electrosteel Castings rose 323.45% to Rs 32.14 crore in the quarter ended September 2016 as against Rs 7.59 crore during the previous quarter ended September 2015. Sales declined 1.89% to Rs 430.10 crore in the quarter ended September 2016 as against Rs 438.39 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales430.10438.39 -2 OPM %20.0312.59 - PBDT59.6723.13 158 PBT43.947.11 518 NP32.147.59 323

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Usha Martin reports consolidated net loss of Rs 68.13 crore in the September 2016 quarter
Dec 14,2016

Net Loss of Usha Martin reported to Rs 68.13 crore in the quarter ended September 2016 as against net loss of Rs 102.52 crore during the previous quarter ended September 2015. Sales declined 8.26% to Rs 919.94 crore in the quarter ended September 2016 as against Rs 1002.80 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales919.941002.80 -8 OPM %14.045.77 - PBDT8.41-72.07 LP PBT-66.45-135.59 51 NP-68.13-102.52 34

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BEML wins Star Performer Award in Export Category
Dec 14,2016

BEML has won the STAR PERFORMER AWARD in the Export category for the year 2014-15 at an event was organised by EEPC India (Formerly Engineering Exports Promotion Council).

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Board of North Eastern Carrying Corporation approves change in company secretary
Dec 14,2016

North Eastern Carrying Corporation announced that the Board of Directors of the Company at its meeting held on 14 December 2016 has accepted the resignation of Anand Kumar Pandey from the post of Company Secretary and Compliance Officer with effect from 13 December 2016. The Board also appointed Mamta Bisht as Company Secretary and Compliance officer with effect from 14 December 2016.

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Agenda for board meeting of Ind-Agiv Commerce
Dec 14,2016

Ind-Agiv Commerce announced that the meeting of the Board of Directors of the Company will be held on 21 December 2016, inter alia, to consider the following:

1. To increase Authorized Share Capital of the Company;

2. To amend the Memorandum and Articles of Association of the Company;

3. Allotment of Non-Cumulative Redeemable Preference Shares on preferential basis to Datapoint Impex, an associate Company;

4. Approval of Sale of building situated at D-17/3, TTC Industrial Area, Turbhe MIDC, Navi-Mumbai.

5. To approve conversion of Consortium Loan into Non-Cumulative Redeemable Preference Shares of RST Technologies, Wholly Owned Subsidiary of the Company.

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Gaurav Mercantiles director resigns
Dec 14,2016

Gaurav Mercantiles has received resignation letter from Rachana Tiwari, an independent Director, resigning from the Directorship of the Company with effect from 14 December 2016 due to preoccupation in other business activities.

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Kaya allots equity shares
Dec 14,2016

Kaya announced that 3674 equity shares of face value of Rs. 10/- each have been issued and allotted under the Kaya Limited Employees Stock Option Scheme 2014 (n++Schemen++) by the authorized Nomination and Remuneration Committee of the Board of Directors through a Circular Resolution passed on 14 December 2016.

Consequently, the issued, subscribed and paid up capital of the Company stands increased to 12997571 equity shares of face value of Rs. 10 each.

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Board of Sujana Metal Products approves change in directorate
Dec 14,2016

Sujana Metal Products announced that the Board of Directors of the Company at its meeting held on 14 December 2016, has approved the following:

- Appointed Ram Kumar on the Board of the Company as the Nominee of Punjab National Bank in place of Vimlesh Kumar.

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Swan Energy signs MoU with Petronasr and Alpha Energy
Dec 14,2016

Swan Energy announced that the Company has signed a MOU with Petronasr and Alpha Energy for the development of SEPHIED BAGHUN gas field, which has approximately 20 tcf reserves, in the Islamic Republic of Iran by constructing necessary on-shore surface facilities and offshore gas liquefaction facilities (OLNG). The project cost is estimated to be around 615 million USD.

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Advanced Enzyme Technologies appoints director
Dec 14,2016

Advanced Enzyme Technologies announced that the Board of Directors have approved by Circular Resolution dated on 14 December 2016 appointment of Pramod Kasat as an Independent Non-Executive Director as an additional director on the Board of Directors of the Company, who shall hold office upto the date of the next General Meeting of the Company.

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