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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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3M India standalone net profit declines 9.38% in the December 2016 quarter
Feb 09,2017

Net profit of 3M India declined 9.38% to Rs 42.43 crore in the quarter ended December 2016 as against Rs 46.82 crore during the previous quarter ended December 2015. Sales rose 9.47% to Rs 575.99 crore in the quarter ended December 2016 as against Rs 526.14 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales575.99526.14 9 OPM %11.2915.79 - PBDT76.5989.05 -14 PBT64.8676.99 -16 NP42.4346.82 -9

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Duncan Engineering reports standalone net loss of Rs 0.81 crore in the December 2016 quarter
Feb 09,2017

Net Loss of Duncan Engineering reported to Rs 0.81 crore in the quarter ended December 2016 as against net loss of Rs 1.07 crore during the previous quarter ended December 2015. Sales declined 37.26% to Rs 8.69 crore in the quarter ended December 2016 as against Rs 13.85 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales8.6913.85 -37 OPM %1.27-0.29 - PBDT-0.37-0.51 27 PBT-0.81-1.07 24 NP-0.81-1.07 24

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Industrial & Prudential Investment Company standalone net profit rises 356.10% in the December 2016 quarter
Feb 09,2017

Net profit of Industrial & Prudential Investment Company rose 356.10% to Rs 1.87 crore in the quarter ended December 2016 as against Rs 0.41 crore during the previous quarter ended December 2015. There were no Sales reported in the quarter ended December 2016 and during the previous quarter ended December 2015.

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Vadilal Enterprises reports standalone net loss of Rs 2.97 crore in the December 2016 quarter
Feb 09,2017

Net Loss of Vadilal Enterprises reported to Rs 2.97 crore in the quarter ended December 2016 as against net loss of Rs 2.80 crore during the previous quarter ended December 2015. Sales rose 0.80% to Rs 72.96 crore in the quarter ended December 2016 as against Rs 72.38 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales72.9672.38 1 OPM %-3.14-2.87 - PBDT-2.10-2.16 3 PBT-4.50-4.18 -8 NP-2.97-2.80 -6

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Wall Street Finance standalone net profit rises 109.52% in the December 2016 quarter
Feb 09,2017

Net profit of Wall Street Finance rose 109.52% to Rs 0.44 crore in the quarter ended December 2016 as against Rs 0.21 crore during the previous quarter ended December 2015. Sales declined 5.32% to Rs 11.22 crore in the quarter ended December 2016 as against Rs 11.85 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales11.2211.85 -5 OPM %15.8611.65 - PBDT0.720.37 95 PBT0.650.30 117 NP0.440.21 110

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Oil Country Tubular reports standalone net loss of Rs 11.51 crore in the December 2016 quarter
Feb 09,2017

Net loss of Oil Country Tubular reported to Rs 11.51 crore in the quarter ended December 2016 as against net profit of Rs 2.20 crore during the previous quarter ended December 2015. Sales declined 94.16% to Rs 3.38 crore in the quarter ended December 2016 as against Rs 57.83 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales3.3857.83 -94 OPM %-48.8221.67 - PBDT-6.338.04 PL PBT-11.432.36 PL NP-11.512.20 PL

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Vardhman Textiles standalone net profit rises 34.76% in the December 2016 quarter
Feb 09,2017

Net profit of Vardhman Textiles rose 34.76% to Rs 181.06 crore in the quarter ended December 2016 as against Rs 134.36 crore during the previous quarter ended December 2015. Sales declined 2.68% to Rs 1397.85 crore in the quarter ended December 2016 as against Rs 1436.34 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales1397.851436.34 -3 OPM %25.2920.88 - PBDT334.07280.97 19 PBT252.42192.75 31 NP181.06134.36 35

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Rane Holdings standalone net profit rises 45.49% in the December 2016 quarter
Feb 09,2017

Net profit of Rane Holdings rose 45.49% to Rs 4.19 crore in the quarter ended December 2016 as against Rs 2.88 crore during the previous quarter ended December 2015. There were no Sales reported in the quarter ended December 2016 as against Rs 0.22 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales00.22 -100 OPM %02290.91 - PBDT5.444.46 22 PBT5.114.17 23 NP4.192.88 45

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MPIL Corporation reports standalone net loss of Rs 0.03 crore in the December 2016 quarter
Feb 09,2017

Net Loss of MPIL Corporation reported to Rs 0.03 crore in the quarter ended December 2016 as against net loss of Rs 0.04 crore during the previous quarter ended December 2015. There were no Sales reported in the quarter ended December 2016 and during the previous quarter ended December 2015.

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Bata India standalone net profit declines 15.86% in the December 2016 quarter
Feb 09,2017

Net profit of Bata India declined 15.86% to Rs 37.71 crore in the quarter ended December 2016 as against Rs 44.82 crore during the previous quarter ended December 2015. Sales rose 2.42% to Rs 640.19 crore in the quarter ended December 2016 as against Rs 625.09 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales640.19625.09 2 OPM %11.8312.51 - PBDT94.1686.91 8 PBT77.9767.38 16 NP37.7144.82 -16

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Bajaj Electricals standalone net profit declines 17.47% in the December 2016 quarter
Feb 09,2017

Net profit of Bajaj Electricals declined 17.47% to Rs 29.71 crore in the quarter ended December 2016 as against Rs 36.00 crore during the previous quarter ended December 2015. Sales declined 6.89% to Rs 1046.45 crore in the quarter ended December 2016 as against Rs 1123.83 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales1046.451123.83 -7 OPM %6.427.41 - PBDT52.9564.22 -18 PBT45.1657.20 -21 NP29.7136.00 -17

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Ambalal Sarabhai Enterprises reports standalone net loss of Rs 2.33 crore in the December 2016 quarter
Feb 09,2017

Net Loss of Ambalal Sarabhai Enterprises reported to Rs 2.33 crore in the quarter ended December 2016 as against net loss of Rs 3.32 crore during the previous quarter ended December 2015. Sales declined 86.70% to Rs 0.25 crore in the quarter ended December 2016 as against Rs 1.88 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0.251.88 -87 OPM %-1120.00-140.96 - PBDT-2.11-2.61 19 PBT-2.82-3.32 15 NP-2.33-3.32 30

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Board of Tata Chemicals approves setting up biotechnology unit in Nellore and a manufacturing plant in Gujarat
Feb 09,2017

Tata Chemicals announced that the Board of Directors of the company at its meeting held on 08 February 2017 transacted the following -

Approved an investment of Rs 270 crore in the Nutritional Solutions business for setting up a state of the art biotechnology unit in Nellore district of Andhra Pradesh for manufacturing of soluble dietary fibres with cutting edge health benefits.

Approved an investment of Rs 295 crore in setting up of a plant to manufacture precipitated highly dispersible silica in the state of Gujarat. This specialty chemical represents downstream value addition to the Companys soad ash business.

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E-Bidding Process To Select Operator Started for UDAN Scheme
Feb 09,2017

The Ministry of Civil Aviation (MoCA), Government of India launched the Regional Connectivity Scheme (RCS)-UDAN on 21st October, 2016. The e-bidding process has already been started to select airline operator for mounting RCS operations. A Regional Connectivity Fund (RCF) has been created to provide Viability Gap Funding (VGF) by the Government of India. The Central Government has imposed levy on some category of the scheduled domestic flights being operated in India to fund the RCF. No funds have been released to airline operator under the Scheme. Slot allocation is done as per Slot Allocation Policy.

The Airfare cap under RCS-UDAN for fixed wing aircraft ranges from Rs. 1420/- for 151 kilometers to Rs. 3500/- for >800 kilometers. MoCA has signed Memorandum of Understanding (MoU) on RCS-UDAN with 16 State Governments / UTs to provide concessions as mentioned in the Scheme. The bidding process has already been started to select airline operators for RCS operations. Directorate General of Civil Aviation (DGCA) has issued Civil Aviation Requirement (CAR) for Scheduled Commuter Operations.

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Board of Jumbo Bag approves setting up of manufacturing unit in Tamil Nadu
Feb 09,2017

The Board of Directors of Jumbo Bag at its meeting held on 09 February 2017 has transacted the following -

Approved setting up of a new manufacturing unit at Peruvoyal Village, Thiruvallur District in the State of Tamil Nadu which will take over the production that are outsourced to various satellite units.

Approved the appointment of Renuka Rao as an Additional Director of the Company with effect from 09 February 2017.

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