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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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BCL Industries & Infrastructures to hold board meeting
May 24,2017

BCL Industries & Infrastructures will hold a meeting of the Board of Directors of the Company on 29 May 2017.

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Raja Bahadur International to hold board meeting
May 24,2017

Raja Bahadur International will hold a meeting of the Board of Directors of the Company on 29 May 2017.

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Combat Drugs to hold board meeting
May 24,2017

Combat Drugs will hold a meeting of the Board of Directors of the Company on 30 May 2017.

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Gagan Gases to hold board meeting
May 24,2017

Gagan Gases will hold a meeting of the Board of Directors of the Company on 30 May 2017.

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ACI Infocom to hold board meeting
May 24,2017

ACI Infocom will hold a meeting of the Board of Directors of the Company on 26 May 2017.

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Autolite (India) to hold board meeting
May 24,2017

Autolite (India) will hold a meeting of the Board of Directors of the Company on 30 May 2017.

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Overseas Synthetics to hold board meeting
May 24,2017

Overseas Synthetics will hold a meeting of the Board of Directors of the Company on 29 May 2017.

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Novartis India drops after weak Q4 earnings
May 24,2017

The result was announced after market hours yesterday, 23 May 2017.

Meanwhile, the S&P BSE Sensex was up 99.38 points, 0.33% at 30,464.63. The S&P BSE Small-Cap index was up 54.25 points, 0.37% at 14,824.11.

On the BSE, 15,000 shares were traded on the counter so far as against the average daily volumes of 13,133 shares in the past one quarter. The stock had hit a high of Rs 649 and a low of Rs 630.20 so far during the day.

The stock had hit a 52-week high of Rs 855 on 25 May 2016 and hit a 52-week low of Rs 629.95 on 16 November 2016. The stock had underperformed the market over the past one month till 23 May 2017, declining 8.67% compared with the Sensexs 3.41% rise. The scrip had also underperformed the market over the past one quarter sliding 2.43% as against the Sensexs 5.1% rise.

The small-cap company has equity capital of Rs 15.98 crore. Face value per share is Rs 5.

Novartis Indias board recommended a dividend of Rs 10 per equity share for the year ended March 2017.

Novartis India has core businesses in pharmaceuticals, vaccines, consumer health, generics, and eye care. Novartis AG holds 73.4% stake in Novartis India (as per the shareholding pattern as on 31 March 2017).

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Twinstar Industries Ltd. to hold board meeting
May 24,2017

Twinstar Industries Ltd. will hold a meeting of the Board of Directors of the Company on 30 May 2017, to consider and approve the Audited Financial Results for the Quarter and Financial Year ended 31St March, 2017.

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Intellect Design climbs up after winning client
May 24,2017

The announcement was made during market hours today, 24 May 2017.

Meanwhile, the S&P BSE Sensex was up 137.91 points or 0.45% at 30,503.16. The S&P BSE Small-Cap index was up 71.68 points or 0.49% at 14,841.54.

On the BSE, 56,993 shares were traded on the counter so far as against the average daily volumes of 1.6 lakh shares in the past one quarter. The stock had hit a high of Rs 121.50 and a low of Rs 115.80 so far during the day.

The stock had hit a 52-week high of Rs 233 on 28 July 2016 and a 52-week low of Rs 107.75 on 15 February 2017.

The stock had underperformed the market over the past one month till 23 May 2017, falling 6.18% compared with Sensexs 3.41% gains. The scrip had also underperformed the market in past one quarter, advancing 1.84% as against Sensexs 5.1% rise.

The small-cap company has equity capital of Rs 50.90 crore. Face value per share is Rs 5.

Intellect Design Arena said that it has signed a ten year deal with one of Australias Big Four, banking firm to implement its integrated trade finance, treasury and retail remittance solution for the banks corporate and retail customers in one of its offshore regions.

The bank has also entrusted Intellect with solutions maintainence and technical support-beginning a ten year relationship between the two firms.

Intellect Design Arena reported net loss of Rs 24.93 crore in Q4 March 2017, compared with net loss of Rs 21.59 crore in Q3 December 2016. Net sales rose 8.88% to Rs 135.99 crore in Q4 March 2017 over Q3 December 2016.

Intellect Design Arena is a digital technology product solutions provider to the banking and insurance industry.

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Vishal Bearings to hold board meeting
May 24,2017

Vishal Bearings will hold a meeting of the Board of Directors of the Company on 30 May 2017, to consider and approve Audited Financial Result for the half year ended on March 31, 2017, to consider and approve Audited Financial Result for the year ended on March 31, 2017, and to transact any other business with the permission of the Board.

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Magnum Ventures to hold board meeting
May 24,2017

Magnum Ventures will hold a meeting of the Board of Directors of the Company on 29 May 2017, for the Consideration and Approval of Audited Financial Results for the Quarter and year ended on 31st March, 2017.

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Parag Milk Foods to hold board meeting
May 24,2017

Parag Milk Foods will hold a meeting of the Board of Directors of the Company on 29 May 2017, to approve the audited standalone and consolidated financial Results of the Company for the Quarter and year ended March 31, 2017 along with the Audit Reports of the Statutory Auditors thereon, and to consider and recommend Final Dividend, if any.

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Vapi Enterprise to hold board meeting
May 24,2017

Vapi Enterprise will hold a meeting of the Board of Directors of the Company on 30 May 2017, to consider inter-alia approval of financial results of the Company for the quarter and year ended 31st March 2017.

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Padmalaya Telefilms to hold board meeting
May 24,2017

Padmalaya Telefilms will hold a meeting of the Board of Directors of the Company on 30 May 2017, to Consider, approve and authenticate the quarterly & year to date financial results of the Company for the fourth quarter and Year ended on March 31, 2017, and to Consider and approve the proposal for voluntary delisting of the Company from the National Stock Exchange of India Limited, Mumbai.

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