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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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Environment Minister Constitutes Monitoring Committee to Oversee Outbreak of H5 Avian Influenza; Committee to Submit Daily Report
Oct 24,2016

Acting swiftly on the reports of mortality among the birds in National Zoological Park, Delhi NCR and other parts of the country due to H5 Avian Influenza Virus, Minister of Environment, Forest and Climate Change, Shri Anil Madhav Dave, has directed to constitute a monitoring committee for overseeing outbreak of H5 Avian Influenza in the country. The composition of committee is as follows :-

1. Member Secretary Central Zoo Authority Chairman

2. Director National Zoological Park Member Convenor

3. Deputy Inspector General of Forest (WL) Member

The committee will oversee the daily incidences of H5 Avian Influenza in National Zoological Park and other Zoos of the country and submit a daily report to the Environment Minister.

There has been no mortality among the free-ranging birds of the National Zoological Park. However, to control the disease following actions are being taken :-

1. Active surveillance continues in the zoo;

2. Zoo is being screened regularly for any dead bird;

3. Bio-security measures continue;

4. Zoo remains closed for the safety of visitors and to control the disease;

5. A team of doctors from Animal Husbandry Department visited Delhi Zoo for monitoring ;

6. A team of medical doctors visited and examined exposed employees of the zoo and medication was provided.

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Wipro in focus after Q2 results
Oct 24,2016

Wipros consolidated net income fell 8% to Rs 2070 crore on 10% increase in gross revenues to Rs 13770 crore in Q2 September 2016 over Q2 September 2015. The result was announced after market hours on Friday, 21 October 2016.

During the quarter, non-GAAP constant currency IT services segment revenue in dollar terms grew 0.9% over Q1 June 2016 and grew 7.2% over Q2 September 2015. IT services segment revenue was $1916.30 million, a decrease of 0.8% over Q1 June 2016 and an increase of 4.6% over Q2 September 2015.

IT services segment profits fell 5% to Rs 2340 crore on 9% increase in revenue to Rs 13140 crore in Q2 September 2016 over Q2 September 2015. Wipro expects revenues from its IT services business to be in the range of $1,916 million to $1,955 million.

On a consolidated basis, net profit of Cairn India rose 139.16% to Rs 778.70 crore on 9.08% decline in net sales to Rs 2038.59 crore in Q2 September 2016 over Q2 September 2015. The result was announced after market hours on Friday, 21 October 2016.

Sun Pharmaceutical Industries said it completed the divestment of its seven prescription brands in India to RPG Life Sciences. This has been done after receiving approval of the Competition Commission of India and completion of all the necessary formalities for closure of the transaction, Sun Pharmaceutical Industries said in a filing. On 27 July 2016, Sun Pharma had informed that it had signed an pact with RPG Life Sciences to divest seven brands in India, owned by the company and its subsidiary, for a consideration of Rs 41 crore. The announcement was made after market hours on Friday, 21 October 2016.

The board of JK Lakshmi Cement in its meeting on 26 October 2016 will consider issuing non-convertible debentures (NCDs) of upto Rs 500 crore, in one or more tranches, on private placement basis subject to requisite approval of the shareholders. The announcement was made after market hours on Friday, 21 October 2016.

Union Bank of India said its board will meet on 26 October 2016 to consider raising of capital funds through various means. The announcement was made after market hours on Friday, 21 October 2016.

Great Eastern Shipping Company (GE Shipping) said it signed a contract to buy a Supramax Dry Bulk Carrier of about 58,000 deadweight tonnage (dwt). The 2009 built vessel is expected to join the companys fleet in Q3 December 2016. The companys current fleet stands at 37 vessels, comprising 24 tankers (7 crude carriers, 15 product tankers, 2 LPG carrier) and 13 dry bulk carriers (1 Capesize, 7 Kamsarmax, 5 Supramax) with an average age of 8.93 years aggregating 2.88 mn dwt. Additionally, the company has 1 Newbuilding Kamsarmax on order. The announcement was made after market hours on Friday, 21 October 2016.

Net profit of RPG Life Sciences rose 300.39% to Rs 10.25 crore on 13.66% rise in net sales to Rs 76.38 crore in Q2 September 2016 over Q2 September 2015. The result was announced after market hours on Friday, 21 October 2016.

Net profit of SKF India rose 20.42% to Rs 60.26 crore on 10.65% rise in net sales to Rs 654.55 crore in Q2 September 2016 over Q2 September 2015. The result was announced after market hours on Friday, 21 October 2016.

On a consolidated basis, net profit of Oberoi Realty rose 12.45% to Rs 83.72 crore on 32.62% rise in net sales to Rs 250.85 crore in Q2 September 2016 over Q2 September 2015. The result was announced after market hours on Friday, 21 October 2016.

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Innovassynth Investments reports standalone net loss of Rs 0.14 crore in the September 2016 quarter
Oct 22,2016

Net Loss of Innovassynth Investments reported to Rs 0.14 crore in the quarter ended September 2016 as against net loss of Rs 0.12 crore 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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BFL Developers standalone net profit declines 47.37% in the September 2016 quarter
Oct 22,2016

Net profit of BFL Developers declined 47.37% to Rs 0.10 crore in the quarter ended September 2016 as against Rs 0.19 crore during the previous quarter ended September 2015. Sales declined 94.12% to Rs 0.03 crore in the quarter ended September 2016 as against Rs 0.51 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.030.51 -94 OPM %400.0043.14 - PBDT0.100.19 -47 PBT0.100.19 -47 NP0.100.19 -47

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Jenburkt Pharmaceuticals standalone net profit rises 46.65% in the September 2016 quarter
Oct 22,2016

Net profit of Jenburkt Pharmaceuticals rose 46.65% to Rs 5.03 crore in the quarter ended September 2016 as against Rs 3.43 crore during the previous quarter ended September 2015. Sales rose 13.85% to Rs 28.61 crore in the quarter ended September 2016 as against Rs 25.13 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales28.6125.13 14 OPM %24.2620.89 - PBDT7.455.78 29 PBT7.005.31 32 NP5.033.43 47

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Persistent Systems consolidated net profit declines 6.36% in the September 2016 quarter
Oct 22,2016

Net profit of Persistent Systems declined 6.36% to Rs 73.49 crore in the quarter ended September 2016 as against Rs 78.48 crore during the previous quarter ended September 2015. Sales rose 29.72% to Rs 704.02 crore in the quarter ended September 2016 as against Rs 542.73 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales704.02542.73 30 OPM %15.7418.87 - PBDT135.12129.46 4 PBT98.44105.03 -6 NP73.4978.48 -6

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Jayant Agro Organics consolidated net profit rises 183.67% in the September 2016 quarter
Oct 22,2016

Net profit of Jayant Agro Organics rose 183.67% to Rs 14.07 crore in the quarter ended September 2016 as against Rs 4.96 crore during the previous quarter ended September 2015. Sales rose 19.20% to Rs 379.62 crore in the quarter ended September 2016 as against Rs 318.46 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales379.62318.46 19 OPM %8.546.06 - PBDT24.9510.33 142 PBT22.137.49 195 NP14.074.96 184

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Persistent Systems standalone net profit rises 9.65% in the September 2016 quarter
Oct 22,2016

Net profit of Persistent Systems rose 9.65% to Rs 73.72 crore in the quarter ended September 2016 as against Rs 67.23 crore during the previous quarter ended September 2015. Sales rose 21.49% to Rs 422.49 crore in the quarter ended September 2016 as against Rs 347.75 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales422.49347.75 21 OPM %20.2024.68 - PBDT110.90112.10 -1 PBT95.7797.62 -2 NP73.7267.23 10

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Worldwide Leather Exports reports standalone net profit of Rs 0.06 crore in the September 2016 quarter
Oct 22,2016

Net profit of Worldwide Leather Exports reported to Rs 0.06 crore in the quarter ended September 2016 as against net loss of Rs 0.03 crore during the previous quarter ended September 2015. Sales declined 2.45% to Rs 1.59 crore in the quarter ended September 2016 as against Rs 1.63 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales1.591.63 -2 OPM %1.26-5.52 - PBDT0.10-0.01 LP PBT0.06-0.05 LP NP0.06-0.03 LP

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Pratik Panels reports standalone net profit of Rs 0.09 crore in the September 2016 quarter
Oct 22,2016

Net profit of Pratik Panels reported to Rs 0.09 crore in the quarter ended September 2016 as against net loss of Rs 0.11 crore during the previous quarter ended September 2015. There were no Sales reported in the quarter ended September 2016 as against Rs 0.35 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales00.35 -100 OPM %0-31.43 - PBDT0.09-0.11 LP PBT0.09-0.11 LP NP0.09-0.11 LP

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Jayant Agro Organics standalone net profit rises 159.09% in the September 2016 quarter
Oct 22,2016

Net profit of Jayant Agro Organics rose 159.09% to Rs 10.83 crore in the quarter ended September 2016 as against Rs 4.18 crore during the previous quarter ended September 2015. Sales rose 16.71% to Rs 159.60 crore in the quarter ended September 2016 as against Rs 136.75 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales159.60136.75 17 OPM %12.768.34 - PBDT18.027.98 126 PBT16.085.85 175 NP10.834.18 159

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LGB Forge reports standalone net loss of Rs 0.79 crore in the September 2016 quarter
Oct 22,2016

Net Loss of LGB Forge reported to Rs 0.79 crore in the quarter ended September 2016 as against net loss of Rs 1.01 crore during the previous quarter ended September 2015. Sales rose 14.74% to Rs 21.87 crore in the quarter ended September 2016 as against Rs 19.06 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales21.8719.06 15 OPM %2.011.78 - PBDT-0.25-0.42 40 PBT-0.79-1.01 22 NP-0.79-1.01 22

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Multipurpose Trading & Agencies reports standalone net profit of Rs 0.05 crore in the September 2016 quarter
Oct 22,2016

Net profit of Multipurpose Trading & Agencies reported to Rs 0.05 crore in the quarter ended September 2016 as against net loss of Rs 0.01 crore 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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Vardhman Acrylics standalone net profit rises 24.94% in the September 2016 quarter
Oct 22,2016

Net profit of Vardhman Acrylics rose 24.94% to Rs 15.03 crore in the quarter ended September 2016 as against Rs 12.03 crore during the previous quarter ended September 2015. Sales declined 18.19% to Rs 102.56 crore in the quarter ended September 2016 as against Rs 125.37 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales102.56125.37 -18 OPM %20.3714.84 - PBDT20.8618.56 12 PBT19.7617.40 14 NP15.0312.03 25

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Creative Castings standalone net profit declines 46.96% in the September 2016 quarter
Oct 22,2016

Net profit of Creative Castings declined 46.96% to Rs 0.61 crore in the quarter ended September 2016 as against Rs 1.15 crore during the previous quarter ended September 2015. Sales rose 2.66% to Rs 6.56 crore in the quarter ended September 2016 as against Rs 6.39 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales6.566.39 3 OPM %12.9621.13 - PBDT0.941.52 -38 PBT0.801.37 -42 NP0.611.15 -47

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