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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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Schrader Duncan announces resignation of CFO
Oct 22,2016

Schrader Duncan announced that Vinayak Shankar Patil resigned from the post of Chief Financial Officer of the Company. He served a notice period of three months starting 01 July 2016 and ending on 30 September 2016.

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Majestic Research Services and Solutions provides update on proposed FPO
Oct 22,2016

Majestic Research Services and Solutions has received in-principle approval received from BSE for proposed further public issue of equity shares.

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State Bank of Travancore announces change in directorate
Oct 22,2016

State Bank of Travancore announced that Amulya Kumar Sahu, General Manager (OSD), A&S Department, State Bank of India, Mumbai has been nominated by State Bank of India as the Director of State Bank of Travancore under Section 25 (1) (c) of the State Bank of India (Subsidiary Banks) Act, 1959 in place of Vijay Kumar Monga with effect from 17 October 2016.

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Great Eastern Shipping Company signs contract to buy Supramax Dry Bulk Carrier
Oct 22,2016

Great Eastern Shipping Company has signed a contract to buy a Supramax Dry Bulk Carrier of about 58000 dwt. The 2009 built vessel is expected to join the Companys fleet in Q3 2017.

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Mandhana Industries provides business update
Oct 22,2016

Mandhana Industries announced that Bank of Baroda (Lead bank) has accorded its in-principle approval for supplication for Strategic Debt Restructuring (S.D.R) for the Company and it is awaiting the advice and approval of the members banks (Term loan and working capital lenders).

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Sun Pharmaceutical Industries completes divestment of its seven presciption brands
Oct 22,2016

Sun Pharmaceutical Industries announced in reference to the divestment of seven prescription brands in India, owned by Sun Pharmaceutical Industries and its subsidiary to RPG Life Sciences, that the Company has received the approval of the Competition Commission of India and all the necessary formalities for Closure of the said transaction have been completed and the aforesaid transaction has been successfully closed on 21 October 2016.

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Tree House Education & Accessories appoints company secretary & compliance officer
Oct 22,2016

Tree House Education & Accessories announced that Devanshu Parekh has been appointed for the post of Company Secretary and Compliance Officer of the Company w.e.f. 21 October 2016.

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Hester Biosciences fixes record date for interim dividend
Oct 22,2016

Hester Biosciences has fixed 04 November 2016 as the Record Date for the purpose of Payment of Interim Dividend.

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Wheels India to hold board meeting
Oct 22,2016

Wheels India will hold a meeting of the Board of Directors of the Company on 3 November 2016.

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Parnax Lab to hold board meeting
Oct 22,2016

Parnax Lab will hold a meeting of the Board of Directors of the Company on 14 November 2016.

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Danlaw Technologies India to hold board meeting
Oct 22,2016

Danlaw Technologies India will hold a meeting of the Board of Directors of the Company on 21 October 2016.

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Bervin Investments & Leasing to hold board meeting
Oct 22,2016

Bervin Investments & Leasing will hold a meeting of the Board of Directors of the Company on 26 October 2016.

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ETP Corporation to hold board meeting
Oct 22,2016

ETP Corporation will hold a meeting of the Board of Directors of the Company on 24 October 2016.

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Soma Papers & Industries to hold board meeting
Oct 22,2016

Soma Papers & Industries will hold a meeting of the Board of Directors of the Company on 20 October 2016.

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Sundaram Finance to hold board meeting
Oct 22,2016

Sundaram Finance will hold a meeting of the Board of Directors of the Company on 31 October 2016.

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