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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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Swarnsarita Gems consolidated net profit declines 42.16% in the September 2016 quarter
Dec 14,2016

Net profit of Swarnsarita Gems declined 42.16% to Rs 0.59 crore in the quarter ended September 2016 as against Rs 1.02 crore during the previous quarter ended September 2015. Sales declined 34.07% to Rs 52.16 crore in the quarter ended September 2016 as against Rs 79.11 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales52.1679.11 -34 OPM %4.542.92 - PBDT0.921.29 -29 PBT0.861.26 -32 NP0.591.02 -42

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Anant Raj consolidated net profit declines 4.11% in the September 2016 quarter
Dec 14,2016

Net profit of Anant Raj declined 4.11% to Rs 21.44 crore in the quarter ended September 2016 as against Rs 22.36 crore during the previous quarter ended September 2015. Sales declined 15.79% to Rs 112.01 crore in the quarter ended September 2016 as against Rs 133.02 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales112.01133.02 -16 OPM %29.9231.66 - PBDT32.2035.25 -9 PBT25.4728.50 -11 NP21.4422.36 -4

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Technocraft Industries (India) standalone net profit rises 31.68% in the September 2016 quarter
Dec 14,2016

Net profit of Technocraft Industries (India) rose 31.68% to Rs 27.85 crore in the quarter ended September 2016 as against Rs 21.15 crore during the previous quarter ended September 2015. Sales rose 18.76% to Rs 202.66 crore in the quarter ended September 2016 as against Rs 170.65 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales202.66170.65 19 OPM %20.5021.42 - PBDT45.6337.79 21 PBT41.0332.80 25 NP27.8521.15 32

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Mahanagar Telephone Nigam reports standalone net loss of Rs 768.32 crore in the September 2016 quarter
Dec 14,2016

Net Loss of Mahanagar Telephone Nigam reported to Rs 768.32 crore in the quarter ended September 2016 as against net loss of Rs 730.44 crore during the previous quarter ended September 2015. Sales declined 7.29% to Rs 726.56 crore in the quarter ended September 2016 as against Rs 783.68 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales726.56783.68 -7 OPM %-38.37-24.14 - PBDT-496.02-459.61 -8 PBT-768.32-730.44 -5 NP-768.32-730.44 -5

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Man Industries (India) standalone net profit declines 54.16% in the September 2016 quarter
Dec 14,2016

Net profit of Man Industries (India) declined 54.16% to Rs 9.30 crore in the quarter ended September 2016 as against Rs 20.29 crore during the previous quarter ended September 2015. Sales declined 22.40% to Rs 247.85 crore in the quarter ended September 2016 as against Rs 319.41 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales247.85319.41 -22 OPM %7.1211.31 - PBDT22.7740.39 -44 PBT13.0030.78 -58 NP9.3020.29 -54

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PVP Ventures appoints CFO
Dec 14,2016

PVP Ventures announced that the Board of Directors of the Company at its meeting held on 14 December 2016, inter alia, have appointed D. Krishnamoorthy as Chief Financial Officer of the Company.

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Board of Foods & Inns to consider conversion of loan
Dec 14,2016

Foods & Inns announced that a meeting of the Board of Directors will be held on 17 December 2016, inter alia, to consider and approve the following business:

1. To consider raising capital by way of conversion of loan into equity shares and further issuance of equity shares to investors on a private placement basis.

2. Approve draft notice of extra-ordinary general meeting for obtaining shareholders approval on the above matter.

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Outcome of board meeting of McNally Bharat Engineering Company
Dec 14,2016

McNally Bharat Engineering Company announced that the Board of Directors of the Company at its meeting held on 14 December 2016 has appointed Srinivash Singh as the Managing Director of the Company with immediate effect. The Board also appointed Partha S Bhattacharya as an Independent Director of the Company with immediate effect and accepted resignation of S R Dasgupta as Independent Director with immediate effect.

The Board also decided to not go ahead with merger proposal of EMC, McNally Bharat Engineering Company and McNally Sayaji Engineering with Kilburn Engineering.

The Board has decided to consider infusion of fresh equity into the company up to an amount of Rs 600 crore to further recapitalise the company.

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L&T Technology Services announces resignation of director
Dec 14,2016

L&T Technology Services announced that the Whole Time Director and Chief Operating Officer, Kumar Prabhas, has expressed his intention to pursue his interests outside the Company.

Kumar Prabhas will be relieved from the services of the Company w.e.f. close of working hours on 21 January 2017.

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TCS recognised as Leader in Magic Quadrant for Application Testing Services
Dec 14,2016

Tata Consultancy Services announced that it has been recognised by Gartner Inc. as a Leader for the third consecutive year in its Magic Quadrant for Application Testing Services, Worldwide, report.

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Mindtree allots equity shares
Dec 14,2016

Mindtree has allotted 8,856 equity shares of Rs. 10/- each, pursuant to the exercise of granted shares under Mindtree Employee Restricted Stock Purchase Plan 2012 (Program VIII) (ESPS) of the Company.

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Jagran Prakashan to redeem NCDs aggregating Rs 29 crore
Dec 14,2016

Jagran Prakashan announced that the Board of Directors has decided to redeem 2,900 unlisted unsecured non-convertible debentures of Rs. 1 lakh each aggregating to Rs. 29 crore, held by Jagran Media Network Investment, holding Company of the Company, along with redemption premium at coupon rate of 6.5% p.a.

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Edelweiss Financial Services allots equity shares
Dec 14,2016

Edelweiss Financial Services announced that the Share Allotment Committee has allotted 10,06,187 Equity Shares of the face value of Re. 1/- each under Edelweiss Employee Stock Option Scheme(s) of the Company.

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Sujana Towers reports standalone net loss of Rs 103.93 crore in the September 2016 quarter
Dec 14,2016

Net Loss of Sujana Towers reported to Rs 103.93 crore in the quarter ended September 2016 as against net loss of Rs 15.25 crore during the previous quarter ended September 2015. Sales declined 96.31% to Rs 11.16 crore in the quarter ended September 2016 as against Rs 302.13 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales11.16302.13 -96 OPM %0.1826.09 - PBDT-72.3319.19 PL PBT-95.43-4.77 -1901 NP-103.93-15.25 -582

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MBL Infrastructures reports standalone net loss of Rs 122.79 crore in the September 2016 quarter
Dec 14,2016

Net loss of MBL Infrastructures reported to Rs 122.79 crore in the quarter ended September 2016 as against net profit of Rs 17.68 crore during the previous quarter ended September 2015. Sales declined 8.41% to Rs 371.93 crore in the quarter ended September 2016 as against Rs 406.10 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales371.93406.10 -8 OPM %-48.3711.65 - PBDT-203.7325.82 PL PBT-208.2721.58 PL NP-122.7917.68 PL

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