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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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AVI Photochem reports standalone net loss of Rs 0.22 crore in the September 2016 quarter
Nov 17,2016

Net Loss of AVI Photochem reported to Rs 0.22 crore in the quarter ended September 2016 as against net loss of Rs 0.12 crore during the previous quarter ended September 2015. Sales rose 15.15% to Rs 0.38 crore in the quarter ended September 2016 as against Rs 0.33 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.380.33 15 OPM %-18.42-39.39 - PBDT-0.18-0.12 -50 PBT-0.21-0.12 -75 NP-0.22-0.12 -83

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Vijay Shanthi Builders standalone net profit rises 4783.33% in the September 2016 quarter
Nov 17,2016

Net profit of Vijay Shanthi Builders rose 4783.33% to Rs 11.72 crore in the quarter ended September 2016 as against Rs 0.24 crore during the previous quarter ended September 2015. Sales rose 616.29% to Rs 47.06 crore in the quarter ended September 2016 as against Rs 6.57 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales47.066.57 616 OPM %38.723.81 - PBDT13.040.45 2798 PBT12.940.35 3597 NP11.720.24 4783

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Ecoboard Industries reports standalone net loss of Rs 1.11 crore in the September 2016 quarter
Nov 17,2016

Net Loss of Ecoboard Industries reported to Rs 1.11 crore in the quarter ended September 2016 as against net loss of Rs 2.41 crore during the previous quarter ended September 2015. Sales rose 13.26% to Rs 5.38 crore in the quarter ended September 2016 as against Rs 4.75 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales5.384.75 13 OPM %19.33-23.37 - PBDT0.16-2.06 LP PBT-0.14-2.41 94 NP-1.11-2.41 54

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Kothari Fermentation & Biochem standalone net profit rises 133.33% in the September 2016 quarter
Nov 17,2016

Net profit of Kothari Fermentation & Biochem rose 133.33% to Rs 0.56 crore in the quarter ended September 2016 as against Rs 0.24 crore during the previous quarter ended September 2015. Sales rose 4.29% to Rs 18.98 crore in the quarter ended September 2016 as against Rs 18.20 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales18.9818.20 4 OPM %10.066.48 - PBDT1.510.80 89 PBT0.850.30 183 NP0.560.24 133

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Jumbo Finance reports standalone net loss of Rs 0.17 crore in the September 2016 quarter
Nov 17,2016

Net Loss of Jumbo Finance reported to Rs 0.17 crore in the quarter ended September 2016 as against net loss of Rs 0.03 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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Victoria Mills standalone net profit declines 96.36% in the September 2016 quarter
Nov 17,2016

Net profit of Victoria Mills declined 96.36% to Rs 0.40 crore in the quarter ended September 2016 as against Rs 11.00 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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Birla Transasia Carpets reports standalone net loss of Rs 0.21 crore in the September 2016 quarter
Nov 17,2016

Net Loss of Birla Transasia Carpets reported to Rs 0.21 crore in the quarter ended September 2016 as against net loss of Rs 0.34 crore during the previous quarter ended September 2015. Sales rose 59.46% to Rs 0.59 crore in the quarter ended September 2016 as against Rs 0.37 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.590.37 59 OPM %-22.03-48.65 - PBDT-0.14-0.25 44 PBT-0.21-0.34 38 NP-0.21-0.34 38

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Eastcoast Steel reports standalone net loss of Rs 0.27 crore in the September 2016 quarter
Nov 17,2016

Net Loss of Eastcoast Steel reported to Rs 0.27 crore in the quarter ended September 2016 as against net loss of Rs 0.10 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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Sadbhav Infrastructure Projects reports consolidated net loss of Rs 101.43 crore in the September 2016 quarter
Nov 17,2016

Net Loss of Sadbhav Infrastructure Projects reported to Rs 101.43 crore in the quarter ended September 2016 as against net loss of Rs 101.92 crore during the previous quarter ended September 2015. Sales declined 37.92% to Rs 275.65 crore in the quarter ended September 2016 as against Rs 444.03 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales275.65444.03 -38 OPM %69.4231.18 - PBDT-53.36-80.82 34 PBT-105.16-104.94 0 NP-101.43-101.92 0

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RDB Realty & Infrastructure reports consolidated net loss of Rs 0.19 crore in the September 2016 quarter
Nov 17,2016

Net loss of RDB Realty & Infrastructure reported to Rs 0.19 crore in the quarter ended September 2016. There were no net profit/loss reported during the previous quarter ended September 2015. Sales rose 411.97% to Rs 5.99 crore in the quarter ended September 2016 as against Rs 1.17 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales5.991.17 412 OPM %23.87118.80 - PBDT0.330.37 -11 PBT0.150.19 -21 NP-0.190 0

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Alka Securities reports consolidated net profit of Rs 0.01 crore in the September 2016 quarter
Nov 17,2016

Net profit of Alka Securities reported to Rs 0.01 crore in the quarter ended September 2016 as against net loss of Rs 0.01 crore during the previous quarter ended September 2015. Sales reported to Rs 0.02 crore in the quarter ended September 2016. There were no Sales reported during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.020 0 OPM %00 - PBDT0.01-0.01 LP PBT0.01-0.01 LP NP0.01-0.01 LP

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Shirpur Gold Refinery reports consolidated net profit of Rs 1.22 crore in the September 2016 quarter
Nov 17,2016

Net profit of Shirpur Gold Refinery reported to Rs 1.22 crore in the quarter ended September 2016 as against net loss of Rs 3.31 crore during the previous quarter ended September 2015. Sales rose 52.52% to Rs 1208.65 crore in the quarter ended September 2016 as against Rs 792.44 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales1208.65792.44 53 OPM %0.701.88 - PBDT3.10-2.14 LP PBT1.29-3.81 LP NP1.22-3.31 LP

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IL&FS Transportation Networks JV emerges Lowest Bidder for two road projects
Nov 17,2016

IL&FS Transportation Networks announced that the joint venture of the Company and IL&FS Engineering and Construction Co in the ratio of 51:49, has emerged as the Lowest Bidder for the development of two road projects of Madhya Pradesh Road Development Corporation under Madhya Pradesh District Road II Sector Project. The Company had quoted an amount of Rs 213.52 crore for Project I and Rs 161.71 crore for Project 2 respectively.

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Insurance Cover For Railway Passengers
Nov 17,2016

An Optional Travel Insurance Scheme on a pilot basis for one year has been launched w.e.f 01 September 2016 for the railway passengers who book e-ticket through official website of Indian Railway Catering & Tourism Corporation (IRCTC). Under the scheme reserved passengers who expire or are disabled permanently or partially due to train accident and untoward incidents during train journey will be entitled to sum assured as per the details given below. The objective behind the scheme is to maximize compensation to the passengers for the loss caused to them by train accident and untoward incidents.

IRCTC which is a wholly owned undertaking of Ministry of Railways has entered into an agreement with three Insurance Companies through Limited Tender, namely

(i) Shriram General Insurance Company,

(ii) ICICI Lombard General Insurance Company, &

(iii) Royal Sundaram General Insurance

The amount of compensation to be given to passengers are as follows

(i) In case of Death- ₹ 10 lakh

(ii) Permanent Total Disability - ₹ 10 Lakh

(iii) Permanent Partial Disability - ₹ 7.5 Lakh

(iv) Hospitalization Expenses for Injury - ₹ 2 Lakh &

(v) Transportation of mortal remains - ₹ 10 Thousand.

The insurance cover will cover all reserved classes (SL, 1AC, 2AC, 3AC) and trains except passenger trains & Sub-Urban trains for tickets booked online on the IRCTC website. Personal belongings are not covered under the said scheme.

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Bharti Airtel edges higher after completing merger of subsidiary with Robi Axiata
Nov 17,2016

The announcement was made after market hours yesterday, 16 November 2016.

Meanwhile, the S&P BSE Sensex was down 24.57 points or 0.12% at 26,267.38.

On BSE, so far 40,510 shares were traded in the counter as against average daily volume of 3.04 lakh shares in the past one quarter. The stock hit a high of Rs 315.30 and a low of Rs 308.80 so far during the day. The stock had hit a 52-week high of Rs 384.90 on 28 April 2016. The stock had hit a 52-week low of Rs 282.30 on 29 January 2016. The stock outperformed the market over the past one month till 16 November 2016, gaining 1.2% compared with the Sensexs 4.97% fall. The scrip however underperformed the market in past one quarter, declining 9.9% as against the Sensexs 6.29% decline.

The large-cap company has equity capital of Rs 1998.70 crore. Face value per share is Rs 5.

Bharti Airtel said that the merger was completed following the fulfilment of the condition precedents to the agreement and filing of the merger order with the registrar of joint stock companies and firms of Bangladesh Court. Post the merger, Axiata will hold 68.7% stake in the combined entity, while Airtel will hold 25%. The remaining 6.3% stake will be held by NTT DoCoMo. The combined entity will be the second largest mobile operator in Bangladesh with approximately 3.22 crore customers and will operate under the Robi Axiata brand. It is well positioned to deliver an unparalleled portfolio of innovative mobile and broadband offerings at affordable rates with deep network coverage.

The joint strengths of Robi and Airtel sets the stage for the company to deliver the widest mobile network coverage across Bangladesh, enhancing its stronghold in the mobile Internet segment as well as consolidating its position as the second largest operator in the country.

The merger strengthens the long-term sustainability of the Bangladesh telecoms landscape and business environment, and will secure faster nationwide rollout of mobile broadband as well as contribute significantly to the overall economy of the country.

On a consolidated basis, Bharti Airtels net profit fell 4.9% to Rs 1460.70 crore on 3.4% growth in net sales to Rs 24651.50 crore in Q2 September 2016 over Q2 September 2015.

Bharti Airtel is a leading global telecommunications company with operations in 18 countries across Asia and Africa.

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