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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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Gandhi Special Tubes announces resignation of company secretary
Mar 07,2017

Gandhi Special Tubes announced that Priyanka M. Borkar has resigned from the post of Company Secretary and Compliance Officer w.e.f. 01 February 2017. The Company has accepted her resignation and relieved her of her responsibilities effective from close of business hours on 6 March 2017. Consequently, Priyanka M. Borkar has also ceased to be the Compliance Officer of the Company

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BLS International Services to hold EGM
Mar 07,2017

BLS International Services announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 31 March 2017.

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Board of NMDC recommends dividend
Mar 07,2017

NMDC announced that the Board of Directors of the Company at its meeting held on 7 March 2017, inter alia, have recommended the dividend of Rs 4.15 per equity Share (i.e. 41.5%) , subject to the approval of the shareholders.

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Board of Hero MotoCorp recommends dividend
Mar 07,2017

Hero MotoCorp announced that the Board of Directors of the Company at its meeting held on 7 March 2017, inter alia, have recommended the dividend of Rs 55 per equity Share (i.e. 2750%) , subject to the approval of the shareholders.

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Chartered Logistics to hold board meeting
Mar 07,2017

Chartered Logistics will hold a meeting of the Board of Directors of the Company on 31 March 2017, to appoint KPMG as the statutory auditor of the company from 1st April 2017.

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Denis Chem Lab to hold board meeting
Mar 07,2017

Denis Chem Lab will hold a meeting of the Board of Directors of the Company on 14 March 2017.

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Dilip Buildcon acquires 100% share of Bhavya Infra & Systems
Mar 07,2017

Dilip Buildcon announced that the Company has acquired 100 % equity shares of Bhavya Infra & Systems. By the virtue of the said acquisition Bhavya Infra & Systems has become a wholly owned subsidiary of the Company.

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Hero MotoCorp fixes record date for interim dividend
Mar 07,2017

The Board of Hero MotoCorp has fixed 18 March 2017 as record date for determining entitlement of members for the purpose of payment of interim dividend. The payment of interim dividend /dispatch of dividend warrants will be completed by 05 April 2017

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Geometric fixes record date for scheme of amalgamation
Mar 07,2017

Geometric has fixed Record Date as 15 March 2017 for the purpose of For determining the shareholders of the Company to whom shares of HCL and 3D PLM will be allotted.

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Veronica Production fixes record date for consolidation of equity shares
Mar 07,2017

Veronica Production has fixed 24 March 2017 as a Record Date for the purpose of Consolidation of equity shares (Face value from Re. 1/- to Rs. 10/- per equity share).

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33% Sub Quota for Women in Allotment of each Category of minor Catering Units at All Category of stations
Mar 07,2017

Minister of Railways Shri Suresh Prabhakar Prabhu has recently launched New Catering Policy 2017, while there are many new features in the new Catering policy, special provisions for women have also been made in it.

Under this policy, a Sub Quota of 33% for women in allotment of each of the reserved catering units is being introduced on Indian Railways in order to extend economic empowerment for women. It is also in compliance with the announcement made in Railway Budget 2016-17.

Current Status of Reservation at Minor Catering Units (Stalls / Trolleys / Khomchas):

a) A1, A, B, and C Category stations - 25% of the Units are reserved for various categories like SC (6%), ST (4%), BPL (3%), OBC (3%), Minorities (3%), Freedom Fighters (4%) and Physically Challenged persons (2%).

b) D, E and F Category stations - 49.5% of the Units are reserved for various categories like SC (12%), ST (8%), OBC (20%) and Minorities (9.5%).

n++ 33% sub quota for women in allotment of each category of minor catering units at all category of stations has been provided. 33% sub quota reservation for women in each category shall ensure allotment of minimum 8% stalls to women at A1, A, B & C category station and minimum 17% at D, E and F category station.

n++ There are approximately 8000 Minor Catering Units over Indian Railways.

n++ Under this provision, Railways shall ensure that women participation does not fall below a specific level.

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Fraser and Company appoints company secretary and compliance officer
Mar 07,2017

Fraser and Company announced that the Board of Directors of the Company at their meeting held on Tuesday, 07 March 2017, inter-alia, appointed Vijay M. Thakkar, as a Company Secretary and Compliance Officer of the Company w.e.f. 07 March 2017.

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Resonance Specialities director resigns
Mar 07,2017

Resonance Specialities has received the resignation of Gurpur Ganesh Pai from the post of Director of the Company on 06 March 2017.

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Cyient completes acquisition of CERTON Software
Mar 07,2017

Cyient, through its wholly owned US subsidiary, Cyient Inc., has acquired 100% ownership of CERTON Software Inc. on 07 March 2017. Cyient has earlier announced a definitive agreement to acquire CERTON on 24 January 2017.

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Jindal Stainless shines after bulk deal
Mar 07,2017

Meanwhile, the BSE Sensex was down 48.63 points, or 0.17%, to 28,999.56

Bulk deal boosted volume on the scrip. On BSE, so far 23.76 lakh shares were traded in the counter, compared with average daily volume of 1.79 lakh shares in the past one quarter. The stock hit a high of Rs 62.10 and a low of Rs 58.85 so far during the day.

The stock had outperformed the market over the past 30 days till 6 March 2017, rising 15.01% compared with 2.86% rise in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 58.38% as against Sensexs 10.06% gain.

The small-cap company has equity capital of Rs 79.89 crore. Face value per share is Rs 2.

Jindal Stainless reported net profit of Rs 40.43 crore in Q3 December 2016, compared with net loss of Rs 191.25 crore in Q3 December 2015. Net sales rose 29.82% to Rs 2092.17 crore in Q3 December 2016 over Q3 December 2015.

Jindal Stainless is engaged in manufacturing of stainless steel.

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