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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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Alps Industries reports consolidated net loss of Rs 17.52 crore in the December 2016 quarter
Feb 14,2017

Net Loss of Alps Industries reported to Rs 17.52 crore in the quarter ended December 2016 as against net loss of Rs 15.61 crore during the previous quarter ended December 2015. Sales declined 20.43% to Rs 103.56 crore in the quarter ended December 2016 as against Rs 130.15 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales103.56130.15 -20 OPM %-9.86-5.44 - PBDT-9.05-6.84 -32 PBT-17.53-15.61 -12 NP-17.52-15.61 -12

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Pro Fin Capital Services consolidated net profit rises 285.29% in the December 2016 quarter
Feb 14,2017

Net profit of Pro Fin Capital Services rose 285.29% to Rs 1.31 crore in the quarter ended December 2016 as against Rs 0.34 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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Adani Transmission reports standalone net profit of Rs 7.84 crore in the December 2016 quarter
Feb 14,2017

Net profit of Adani Transmission reported to Rs 7.84 crore in the quarter ended December 2016 as against net loss of Rs 9.79 crore during the previous quarter ended December 2015. Sales rose 380.56% to Rs 239.56 crore in the quarter ended December 2016 as against Rs 49.85 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales239.5649.85 381 OPM %5.3829.11 - PBDT7.85-9.78 LP PBT7.84-9.79 LP NP7.84-9.79 LP

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Infibeam Incorporation standalone net profit rises 96.67% in the December 2016 quarter
Feb 14,2017

Net profit of Infibeam Incorporation rose 96.67% to Rs 10.62 crore in the quarter ended December 2016 as against Rs 5.40 crore during the previous quarter ended December 2015. Sales rose 15.30% to Rs 13.49 crore in the quarter ended December 2016 as against Rs 11.70 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales13.4911.70 15 OPM %57.6024.87 - PBDT16.525.93 179 PBT14.634.88 200 NP10.625.40 97

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Allcargo Logistics standalone net profit declines 25.76% in the December 2016 quarter
Feb 14,2017

Net profit of Allcargo Logistics declined 25.76% to Rs 22.05 crore in the quarter ended December 2016 as against Rs 29.70 crore during the previous quarter ended December 2015. Sales declined 4.35% to Rs 282.45 crore in the quarter ended December 2016 as against Rs 295.29 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales282.45295.29 -4 OPM %18.4418.94 - PBDT52.2860.01 -13 PBT28.1335.10 -20 NP22.0529.70 -26

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Adhunik Metaliks reports standalone net loss of Rs 89.05 crore in the December 2016 quarter
Feb 14,2017

Net Loss of Adhunik Metaliks reported to Rs 89.05 crore in the quarter ended December 2016 as against net loss of Rs 108.02 crore during the previous quarter ended December 2015. Sales rose 10.11% to Rs 198.80 crore in the quarter ended December 2016 as against Rs 180.54 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales198.80180.54 10 OPM %-10.86-33.54 - PBDT-97.10-120.92 20 PBT-126.42-154.86 18 NP-89.05-108.02 18

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Shiv Om Invesment & Consultancy reports standalone net loss of Rs 0.65 crore in the December 2016 quarter
Feb 14,2017

Net Loss of Shiv Om Invesment & Consultancy reported to Rs 0.65 crore in the quarter ended December 2016 as against net loss of Rs 2.20 crore during the previous quarter ended December 2015. Sales rose 17.39% to Rs 0.81 crore in the quarter ended December 2016 as against Rs 0.69 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0.810.69 17 OPM %96.3059.42 - PBDT0.740.41 80 PBT-0.65-0.98 34 NP-0.65-2.20 70

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Reliance Infrastructure gains after strong Q3 results
Feb 14,2017

The result was announced after market hours yesterday, 13 February 2017.

Meanwhile, the BSE Sensex was down 14.06 points, or 0.05%, to 28,337.56.

On the BSE, so far 4.46 lakhshares were traded in the counter, compared with average daily volumes of 2.79 lakh shares in the past one quarter. The stock had hit a high of Rs 555.75 and a low of Rs 523.80 so far during the day.

The stock hit a 52-week high of Rs 635.35 on 9 September 2016. The stock hit a 52-week low of Rs 394.25 on 17 February 2016. The stock had outperformed the market over the past 30 days till 13 February 2017, rising 5.77% compared with the 4.09% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 17.09% as against Sensexs 7.78% rise.

The large-cap company has equity capital of Rs 262.99 crore. Face value per share is Rs 10.

Reliance Infrastructures consolidated ernings before interest, tax, depreciation and amortization (EBITDA) rose 20% to Rs 1990 crore in Q3 December 2016 over Q3 December 2015.

Reliance Infrastructure (RInfra) is one of the largest infrastructure companies, developing projects through various special purpose vehicles (SPVs) in several high growth sectors such as power, roads and metro rail in the infrastructure space and the defence sector.

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Valson Industries receives sanction for credit facilities
Feb 14,2017

Valson Industries announced that the Company has received sanctioned letter from Kotak Mahindra Bank sanctioning the credit facilities (Fund base & Non Fund Base) of Rs. 11.25 crore which includes the facilities take over from Bank of India and ICICI Bank.

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AARV Infratel shifts registered office
Feb 14,2017

AARV Infratel announced that registered office of the Company has been shifted from 46-11-29/1, Danavaipeta, Opp: Rajahmundry Hospital, Rajahmundry - 533 103, Andhra Pradesh, India to Plot No.78, Sai Durga Enclave, Agrahara Village Kogilu, Yelahanaka, Bangalore, Karnataka, 560064, India with effect from 16 January 2017.

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Iris Mediaworks announces change in directorate
Feb 14,2017

Iris Mediaworks announced about the following:

1. Cessation of Mayank Kotadia from the Post of Non- Executive Directorship.

2. Appointment of Mitesh J. Jaani as Additional Non- Executive Director of the Company.

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V I P Industries to pay interim dividend
Feb 14,2017

V I P Industries announced that interim dividend for FY 2016-17 will be paid on or after 01 March 2017.

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Rural Electrification Corporation fixes record date for interim dividend
Feb 14,2017

Rural Electrification Corporation announced that the Company has fixed 28 February 2017 as the Record Date for the purpose of Payment of Interim Dividend. The said Interim Dividend will be paid/dispatched on 06 March 2017.

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Board of Advanced Enzyme Technologies approves sub-division of equity shares
Feb 14,2017

Advanced Enzyme Technologies announced that the Board of Directors of the Company at its meeting held on 14 February 2017, (commenced at 11.00 A.M. and concluded at 1.00 P.M.) inter alia, has approved the following:

1. Prabal Bordiya, existing Company Secretary and Compliance Officer has been deputed as Company Secretary of JC Biotech, a Subsidiary Company with effect from 13 February 2017. In his place Sanjay Basantani is appointment as Company Secretary & Head Legal and Compliance Officer of the Company with effect from 14 February 2017.

2. Subject to approval of the shareholders of the Company and other statutory / regulatory approvals: (a) Sub-Division of face value of share capital of the Company from existing Rs. 10 (Rupees Ten) per share to Rs. 2 (Rupees Two) per share and consequent alteration in capital clause of Memorandum of Association of the Company.

3. Proposal to obtain approval of shareholders of the Company through Postal Ballot for (a) the business matters as mentioned in point (2) above; and (b) grant of stock options under the existing Employees Stock Option Scheme 2015 to the employees of subsidiaries of the Company.

4. Employees Stock Option Scheme (ESOP) Scheme through Trust Route - The Board of Directors decided to defer this business item.

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In India, the CLI points to easing growth momentum
Feb 14,2017

Growth is anticipated to pick-up in the United States, Canada, Japan as well as Germany and France, says Composite leading indicators (CLIs) by OECD. In the United Kingdom, there are tentative signs of growth gaining momentum, although the CLI remains below trend and uncertainty persists about the nature of the agreement the UK will eventually conclude with the EU.

In the OECD area as a whole, as well as the in the euro area and in Italy, the CLIs indicate stable growth momentum.

Amongst major emerging economies, growth is expected to gain momentum in China, Brazil and Russia. In India, the CLI points to easing growth momentum.

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