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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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Jindal Steel & Power reports standalone net loss of Rs 407.19 crore in the September 2016 quarter
Dec 09,2016

Net Loss of Jindal Steel & Power reported to Rs 407.19 crore in the quarter ended September 2016 as against net loss of Rs 310.49 crore during the previous quarter ended September 2015. Sales declined 4.33% to Rs 3023.39 crore in the quarter ended September 2016 as against Rs 3160.24 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales3023.393160.24 -4 OPM %17.5620.12 - PBDT-123.06-37.31 -230 PBT-646.79-448.12 -44 NP-407.19-310.49 -31

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Steel Authority of India reports standalone net loss of Rs 731.58 crore in the September 2016 quarter
Dec 09,2016

Net Loss of Steel Authority of India reported to Rs 731.58 crore in the quarter ended September 2016 as against net loss of Rs 1108.04 crore during the previous quarter ended September 2015. Sales rose 21.77% to Rs 11079.29 crore in the quarter ended September 2016 as against Rs 9098.53 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales11079.299098.53 22 OPM %1.01-10.21 - PBDT-423.17-1369.68 69 PBT-1089.04-1898.06 43 NP-731.58-1108.04 34

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Electrosteel Steels reports standalone net loss of Rs 485.89 crore in the September 2016 quarter
Dec 09,2016

Net Loss of Electrosteel Steels reported to Rs 485.89 crore in the quarter ended September 2016 as against net loss of Rs 203.57 crore during the previous quarter ended September 2015. Sales declined 2.56% to Rs 556.93 crore in the quarter ended September 2016 as against Rs 571.56 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales556.93571.56 -3 OPM %-13.12-3.49 - PBDT-365.08-152.89 -139 PBT-485.89-203.57 -139 NP-485.89-203.57 -139

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Claris Lifesciences reports standalone net profit of Rs 5.01 crore in the September 2016 quarter
Dec 09,2016

Net profit of Claris Lifesciences reported to Rs 5.01 crore in the quarter ended September 2016 as against net loss of Rs 8.06 crore during the previous quarter ended September 2015. Sales declined 88.79% to Rs 15.80 crore in the quarter ended September 2016 as against Rs 140.93 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales15.80140.93 -89 OPM %-141.20-8.23 - PBDT1.312.13 -38 PBT1.131.98 -43 NP5.01-8.06 LP

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SEAMEC reports standalone net loss of Rs 20.22 crore in the September 2016 quarter
Dec 09,2016

Net Loss of SEAMEC reported to Rs 20.22 crore in the quarter ended September 2016 as against net loss of Rs 28.31 crore during the previous quarter ended September 2015. Sales rose 11.76% to Rs 24.23 crore in the quarter ended September 2016 as against Rs 21.68 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales24.2321.68 12 OPM %-41.77-104.34 - PBDT-6.37-15.51 59 PBT-19.05-27.20 30 NP-20.22-28.31 29

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NLC India standalone net profit declines 13.62% in the September 2016 quarter
Dec 09,2016

Net profit of NLC India declined 13.62% to Rs 300.42 crore in the quarter ended September 2016 as against Rs 347.79 crore during the previous quarter ended September 2015. Sales rose 19.70% to Rs 2056.67 crore in the quarter ended September 2016 as against Rs 1718.19 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales2056.671718.19 20 OPM %30.0935.77 - PBDT669.63698.61 -4 PBT492.78525.82 -6 NP300.42347.79 -14

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MMTC standalone net profit declines 76.57% in the September 2016 quarter
Dec 09,2016

Net profit of MMTC declined 76.57% to Rs 10.45 crore in the quarter ended September 2016 as against Rs 44.60 crore during the previous quarter ended September 2015. Sales declined 71.55% to Rs 1389.95 crore in the quarter ended September 2016 as against Rs 4884.99 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales1389.954884.99 -72 OPM %-1.97-0.68 - PBDT2.065.83 -65 PBT0.954.57 -79 NP10.4544.60 -77

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Finolex Industries standalone net profit rises 27.63% in the September 2016 quarter
Dec 09,2016

Net profit of Finolex Industries rose 27.63% to Rs 51.32 crore in the quarter ended September 2016 as against Rs 40.21 crore during the previous quarter ended September 2015. Sales declined 1.77% to Rs 453.64 crore in the quarter ended September 2016 as against Rs 461.83 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales453.64461.83 -2 OPM %19.1811.35 - PBDT92.6747.42 95 PBT78.7934.77 127 NP51.3240.21 28

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Claris Lifesciences consolidated net profit rises 169.92% in the September 2016 quarter
Dec 09,2016

Net profit of Claris Lifesciences rose 169.92% to Rs 32.39 crore in the quarter ended September 2016 as against Rs 12.00 crore during the previous quarter ended September 2015. Sales declined 0.65% to Rs 192.13 crore in the quarter ended September 2016 as against Rs 193.39 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales192.13193.39 -1 OPM %24.966.63 - PBDT45.5322.27 104 PBT41.4218.24 127 NP32.3912.00 170

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Board of Western India Shipyard approves preferential issue of shares and warrants
Dec 09,2016

Western India Shipyard announced that the Board of Directors of the Company at the meeting held on 09 December 2016, inter-alia, approved the following :

1. The Board approved the preferential issue and allotment of upto maximum 9,25,00,000 equity shares of Rs. 2/- each at par to Bermaco Energy, subject to the approval of the shareholders at the ensuing Annual General Meeting of the Company.

2. The Board further approved the preferential issue and allotment of upto maximum 3,25,00,000 share warrants carrying a right to subscribe to an equivalent number of equity shares of the face value of Rs. 2 at a price to be determined in accordance with the SEBI (ICDR) Regulations, subject to the approval of the shareholders at the ensuing Annual General Meeting of the Company.

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Deep Industries announces closure of QIP issue
Dec 09,2016

Deep Industries announced that the QIP Committee of Board of Directors at its meeting held on 09 December 2016 approved the issue price of Rs 228 per equity share (including premium of Rs 218 per share) after a discount of 5% to the floor price of Rs 239.80 for issuance and allocation of 28 lakh equity shares to eligible QIBs under QIP issue aggregating Rs 63.84 crore. Declared the closure of QIP issue on 09 December 2016. Approved and adopted the placement document dated 09 December 2016 in connection with QIP.

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Brahmanand Himghar to announce September quarter and half year results
Dec 09,2016

Brahmanand Himghar announced that the Meeting of the Board of Directors of the Company will be held on 14 December 2016, to consider and approve the Un-Audited Financial Results of the Company for the Quarter and half year ended 30 September 2016.

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Board of Polo Hotels allots equity shares on conversion of preference shares
Dec 09,2016

Polo Hotels announced that the Board of Directors of the Company at its meeting held on 09 December 2016 approved allotment of 88,88,889 equity shares of Rs 10 each amount to Rs 8.88 crore being addition to the paid up capital of the Company post conversion of compulsorily convertible preference shares of Rs 10 each to the promoters of the Company.

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ICICI Bank approves proposed borrowing plan for remaining period of FY 2017
Dec 09,2016

ICICI Bank announced that the Committee of Executive Directors of the Bank at its meeting held on 09 December 2016 approved the proposed borrowing plan for the remaining period of FY 2017.

Further, the Bank, acting through its DIFC (Dubai) branch, priced an issuance of 5 year fixed rate notes for an aggregate principal amount of JPY 10 billion under the Banks Tokyo Pro-Bond Programme which is listed in Tokyo Stock Exchange.

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M,74 projects supported by NMPB over last 3 years for conducting training programmes on medicinal plants
Dec 09,2016

Fromtime to time, the National Medicinal Plants Board (NMPB),   Ministry of AYUSH under its Central Sector Scheme organizes training programmes, workshops, seminars etc. for farmers, entrepreneurs for cultivation/production, processing and marketing of herbs/medicinal plants through its Facilitation Centers in different states of the country. During the last three years a total of 35 such training programmes/workshops/ Stakeholder meets were supported through these Facilitation Centers of NMPB.  In addition, during the last three years, the NMPB under its Central Sector Scheme has also supported 74 projects in different states for conducting trainingprogrammes/ workshops / seminars etc. on various aspects of medicinal plants / herbs. During the last three years, to support above training programmes/ activities, the NMPB has released a total of ₹ 443.66 Lakh under its Central Sector Scheme.

 During the last three years the amount of grant/fund allocated for production/ cultivation of herbs/medicinal plants under NMPB, Ministry of AYUSHs Centrally Sponsored Scheme of National Mission on Medicinal Plants(NMMP) and National AYUSH Mission (NAM) scheme is as below: 

Name of the SchemeFinancial YearFund Allocated

(Rs. in Lakh)

Centrally Sponsored Scheme of National Mission on Medicinal Plants (NMMP)2013-147381.952014-157313.88Centrally Sponsored Scheme of National AYUSH Mission (NAM)2015-162779.82

The NMPB, Ministry of AYUSH through Quality Council of India (QCI) has designed a Scheme titled Voluntary Certification Scheme for Medicinal Plants Produce (VCSMPP) based on Good Agricultural Practices (GAPs) and Good Field Collection Practices (GFCPs) of medicinal plants.

To effectively implement the scheme and its better acceptability, understanding by farmers, collectors and traders of the medicinal plants, the NMPB is planning strategies along with QCI. In addition, the NMPB has also conducted a meeting with the Manufactures of herbal products/ASU&H Drug Manufacturing Associations in the country and explained them the scheme.

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