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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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Intellect Design Arena wins two awards for Core Banking System Implementation
Oct 05,2016

Intellect Design Arena has won two awards at the IDC Financial Insights FinTech Rankings Real Estate Awards 2016. Intellect was voted as Overall Winner and winner in the Enterprise Efficiency category for its Core Banking System implementation at Sonali Bank, which is the largest state owned commercial bank in Bangladesh.

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Foseco India fixes record date for 2nd interim dividend
Oct 05,2016

Foseco India has fixed 04 November 2016 as the Record Date for the purpose of Payment of 2nd Interim Dividend, if declared.

The Interim Dividend once approved, will be paid / despatched to the shareholders on or before 18 November 2016.

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Repco Home Finance allots NCDs aggregating Rs 100 crore
Oct 05,2016

Repco Home Finance announced that the Securities Allotment Committee of the Company at its meeting held on 05 October 2016 allotted 1,000 Secured Redeemable Non Convertible Debentures (SRNCD) of face value of Rs.10,00,000 each aggregating to Rs. 100 Crore on private placement basis.

The said NCDs will be listed on the Debt Market Segment of BSE Limited.

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Repco Home Finance allots equity shares
Oct 05,2016

Repco Home Finance announced that the Securities Allotment Committee of the Company at its meeting on 05 October 2016 has allotted 2,310 Equity Shares of the face value of Re. 10 each, to the eligible employees under Repco Home Finance Limited Employee Stock Option Scheme, upon exercise of 2,310 options at an exercise price of Rs. 75 per Option/Share (Premium of Rs.65 per Share).

Subsequent to the allotment of Equity shares as above, the Paid-up Share Capital of the Company is Rs. 62,55,47,170 representing 6,25,54,717 Equity shares of Rs. 10 each.

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Indraprastha Gas appoints director
Oct 05,2016

Indraprastha Gas announced the appointment of Sandeep Kumar, IAS, as an Additional Director of the Company w.e.f. 01 October 2016 has been approved by the Board through Circulation.

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Dhampur Sugar Mills gains about 5% in two sessions
Oct 05,2016

The announcement was made after market hours on Monday, 3 October 2016. Shares of Dhampur Sugar Mills rose 2.63% to Rs 124.90 yesterday, 4 October 2016. The stock has risen 4.93% in two sessions from Rs 121.70 on Monday, 3 October 2016.

Meanwhile, the BSE Sensex was down 137.72 points, or 0.49%, to 28,196.83.

On BSE, so far 2.01 lakh shares were traded in the counter, compared with average daily volume of 2.59 lakh shares in the past one quarter. The stock hit a high of Rs 129 and a low of Rs 123.55 so far during the day. The stock hit a 52-week high of Rs 137.65 on 4 August 2016. The stock hit a 52-week low of Rs 34.40 on 6 October 2015. The stock had outperformed the market over the past 30 days till 4 October 2016, rising 18.61% compared with 0.69% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 6.98% as against Sensexs 4.30% rise.

The small-cap company has equity capital of Rs 66.39 crore. Face value per share is Rs 10.

Dhampur Sugar Mills announced that its finance sub committee of directors has approved acquisition of 4.28 lakh equity shares, or 51% stake, of DETS at Rs 33 per equity share. Consequently, DETS has become subsidiary of Dhampur Sugar Mills with effect from 3 October 2016. DETS is in the business of engineering and technical services and fabrication and supplying engineering goods in India and abroad.

On a consolidated basis, Dhampur Sugar Mills reported net profit of Rs 33.08 crore in Q1 June 2016 as against net loss of Rs 88.11 crore in Q1 June 2015. Net sales declined 6.09% to Rs 477.69 crore in Q1 June 2016 over Q1 June 2015.

Dhampur Sugar Mills is one of the leading integrated sugarcane processing companies in India.

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KZ Leasing & Finance to hold board meeting
Oct 05,2016

KZ Leasing & Finance will hold a meeting of the Board of Directors of the Company on 25 October 2016.

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Alka Securities to hold board meeting
Oct 05,2016

Alka Securities will hold a meeting of the Board of Directors of the Company on 15 November 2016.

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JMDE Packaging & Realties to hold board meeting
Oct 05,2016

JMDE Packaging & Realties will hold a meeting of the Board of Directors of the Company on 14 November 2016 to consideration the presentation and acceptance of the n++Unaudited Financial Resultsn++ for the Quarter ended September 30, 2016.

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TVS Motor Company to hold board meeting
Oct 05,2016

TVS Motor Company will hold a meeting of the Board of Directors of the Company on 27 October 2016 to consider and approve the unaudited (limited reviewed) financial results for the quarter ended September 30, 2016 (Q2).

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Ion Exchange (India) to hold board meeting
Oct 05,2016

Ion Exchange (India) will hold a meeting of the Board of Directors of the Company on 21 October 2016 to consider and approve the Unaudited Financial Results for the Second Quarter ended September 30, 2016.

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Zee Entertainment Enterprises to hold board meeting
Oct 05,2016

Zee Entertainment Enterprises will hold a meeting of the Board of Directors of the Company on 25 October 2016 to consider and approve the Un-audited Financial Results of the Company for the 2nd Quarter of the Financial Year 2016-17 and half year ended on September 30, 2016 (Q2).

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RS Software (India) to hold board meeting
Oct 05,2016

RS Software (India) will hold a meeting of the Board of Directors of the Company on 15 October 2016 to consider and approve the Audited Financial Results for the quarter ending September 30, 2016.

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Lakshmi Vilas Bank to hold board meeting
Oct 05,2016

Lakshmi Vilas Bank will hold a meeting of the Board of Directors of the Company on 17 October 2016 to consider the Un-Audited Financial Results of the Bank for the Second Quarter ended September 30, 2016.

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Chowgule Steamships to hold board meeting
Oct 05,2016

Chowgule Steamships will hold a meeting of the Board of Directors of the Company on 14 October 2016 to consider and approve the Un-audited Financial Results of the Company for the quarter ended September 30, 2016 as per the applicable IndAS formats.

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