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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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Inertia Steel reports standalone net profit of Rs 0.01 crore in the September 2016 quarter
Nov 18,2016

Net profit of Inertia Steel reported to Rs 0.01 crore in the quarter ended September 2016 as against net loss of Rs 0.02 crore during the previous quarter ended September 2015. There were no Sales reported in the quarter ended September 2016 and during the previous quarter ended September 2015.

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Roselabs Finance reports standalone net loss of Rs 0.53 crore in the September 2016 quarter
Nov 18,2016

Net Loss of Roselabs Finance reported to Rs 0.53 crore in the quarter ended September 2016 as against net loss of Rs 0.63 crore during the previous quarter ended September 2015. Sales declined 3.03% to Rs 1.60 crore in the quarter ended September 2016 as against Rs 1.65 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales1.601.65 -3 OPM %10.631.21 - PBDT-0.53-0.63 16 PBT-0.53-0.63 16 NP-0.53-0.63 16

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R J Shah & Company standalone net profit rises 12350.00% in the September 2016 quarter
Nov 18,2016

Net profit of R J Shah & Company rose 12350.00% to Rs 4.98 crore in the quarter ended September 2016 as against Rs 0.04 crore during the previous quarter ended September 2015. Sales rose 3938.89% to Rs 14.54 crore in the quarter ended September 2016 as against Rs 0.36 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales14.540.36 3939 OPM %47.73-5.56 - PBDT7.260.12 5950 PBT7.220.06 11933 NP4.980.04 12350

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Elegant Marbles and Grani Industries standalone net profit rises 39.33% in the September 2016 quarter
Nov 18,2016

Net profit of Elegant Marbles and Grani Industries rose 39.33% to Rs 1.24 crore in the quarter ended September 2016 as against Rs 0.89 crore during the previous quarter ended September 2015. Sales rose 3.46% to Rs 6.87 crore in the quarter ended September 2016 as against Rs 6.64 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales6.876.64 3 OPM %3.644.97 - PBDT1.671.36 23 PBT1.631.29 26 NP1.240.89 39

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Hotel Rugby reports standalone net loss of Rs 0.01 crore in the September 2016 quarter
Nov 18,2016

Net Loss of Hotel Rugby reported to Rs 0.01 crore in the quarter ended September 2016 as against net loss of Rs 0.06 crore during the previous quarter ended September 2015. There were no Sales reported in the quarter ended September 2016 and during the previous quarter ended September 2015.

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Magna Eletrocasting standalone net profit declines 24.47% in the September 2016 quarter
Nov 18,2016

Net profit of Magna Eletrocasting declined 24.47% to Rs 2.13 crore in the quarter ended September 2016 as against Rs 2.82 crore during the previous quarter ended September 2015. Sales declined 40.15% to Rs 16.37 crore in the quarter ended September 2016 as against Rs 27.35 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales16.3727.35 -40 OPM %23.2118.03 - PBDT3.884.68 -17 PBT2.533.42 -26 NP2.132.82 -24

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Swiss Glascoat Equipments standalone net profit declines 9.82% in the September 2016 quarter
Nov 18,2016

Net profit of Swiss Glascoat Equipments declined 9.82% to Rs 1.01 crore in the quarter ended September 2016 as against Rs 1.12 crore during the previous quarter ended September 2015. Sales declined 1.15% to Rs 19.76 crore in the quarter ended September 2016 as against Rs 19.99 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales19.7619.99 -1 OPM %13.5116.46 - PBDT2.112.24 -6 PBT1.521.68 -10 NP1.011.12 -10

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Nath Pulp & Paper Mills reports standalone net loss of Rs 0.30 crore in the September 2016 quarter
Nov 18,2016

Net loss of Nath Pulp & Paper Mills reported to Rs 0.30 crore in the quarter ended September 2016 as against net profit of Rs 0.05 crore during the previous quarter ended September 2015. Sales rose 15.71% to Rs 28.36 crore in the quarter ended September 2016 as against Rs 24.51 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales28.3624.51 16 OPM %-0.882.90 - PBDT0.070.79 -91 PBT-0.160.20 PL NP-0.300.05 PL

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Rajkamal Synthetics reports standalone net loss of Rs 0.05 crore in the September 2016 quarter
Nov 18,2016

Net Loss of Rajkamal Synthetics reported to Rs 0.05 crore in the quarter ended September 2016 as against net loss of Rs 0.04 crore during the previous quarter ended September 2015. There were no Sales reported in the quarter ended September 2016 and during the previous quarter ended September 2015.

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Assambrook reports standalone net loss of Rs 0.04 crore in the September 2016 quarter
Nov 18,2016

Net Loss of Assambrook reported to Rs 0.04 crore in the quarter ended September 2016 as against net loss of Rs 0.12 crore during the previous quarter ended September 2015. There were no Sales reported in the quarter ended September 2016 and during the previous quarter ended September 2015.

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Amforge Industries reports standalone net loss of Rs 0.64 crore in the September 2016 quarter
Nov 18,2016

Net loss of Amforge Industries reported to Rs 0.64 crore in the quarter ended September 2016 as against net profit of Rs 0.23 crore during the previous quarter ended September 2015. There were no Sales reported in the quarter ended September 2016 and during the previous quarter ended September 2015.

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Deepak Fertilizers & Petrochemicals Corp standalone net profit declines 4.77% in the September 2016 quarter
Nov 18,2016

Net profit of Deepak Fertilizers & Petrochemicals Corp declined 4.77% to Rs 26.96 crore in the quarter ended September 2016 as against Rs 28.31 crore during the previous quarter ended September 2015. Sales declined 14.23% to Rs 932.71 crore in the quarter ended September 2016 as against Rs 1087.40 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales932.711087.40 -14 OPM %9.478.89 - PBDT66.2367.43 -2 PBT34.6237.77 -8 NP26.9628.31 -5

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Astral Poly Technik consolidated net profit rises 43.94% in the September 2016 quarter
Nov 18,2016

Net profit of Astral Poly Technik rose 43.94% to Rs 30.30 crore in the quarter ended September 2016 as against Rs 21.05 crore during the previous quarter ended September 2015. Sales rose 10.21% to Rs 436.55 crore in the quarter ended September 2016 as against Rs 396.11 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales436.55396.11 10 OPM %12.9513.18 - PBDT55.6342.17 32 PBT42.7432.15 33 NP30.3021.05 44

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Dilip Buildcon gets stronger after winning project
Nov 18,2016

The announcement was made before market hours today, 18 November 2016.

Meanwhile, the BSE Sensex was up 33.42 points, or 0.13%, to 26,261.04.

On BSE, so far 6,919 shares were traded in the counter, compared with average daily volume of 62,913 shares in the past one quarter. The stock hit a high of Rs 206.15 and a low of Rs 201 so far during the day. The stock hit a record high of Rs 258.80 on 12 August 2016. The stock hit a record low of Rs 178.60 on 9 November 2016. The stock underperformed the market over the past one month till 17 November 2016, sliding 11.13% compared with 4.73% decline in the Sensex. The scrip also underperformed the market in past one quarter, falling 16.51% as against Sensexs 6.35% decline.

The mid-cap company has equity capital of Rs 136.77 crore. Face value per share is Rs 10.

Dilip Buildcon (DBL) announced that Northern Coalfields, Madhya Pradesh has declared DBL-DECO, a joint venture of the company as the successful L1 bidder for excavation and re-handling project at NIGAHI OCP of NCL at a project cost of Rs 1469.84 crore.

Shares of Dilip Buildcon were listed on the stock exchanges on 11 August 2016.

DBLs net profit fell 34.9% to Rs 49.59 crore on 20.1% rise in net sales to Rs 1039 crore in Q1 June 2016 over Q1 June 2015.

DBL is one of the leading road-focused engineering, procurement and construction (EPC) contractors in India.

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Standing against black money; ASSOCHAM urges Govt for relief to SMEs, trade
Nov 18,2016

Assuring the Prime Minister Mr Narendra Modi of India Incs full support in the fight against black money and corruption, the ASSOCHAM said though the short - term hardship would lead to long-term cleaning up of the economy, some immediate relief should be considered for the industry, SMEs and the trade.

The ASSOCHAM reiterated the full industry commitment to join the Prime Minister in his determined fight against black money and corruption and several initiatives in the past with regard to income disclosures and foreign money have all been received well by all the right thinking people.

Suggesting a number of relief measures to deal with the current situation, the ASSOCHAM said the Non-Banking Finance Companies (NBFCs) should also be allowed to accept old notes till December 31, subject to certain safeguards like crediting the amount only to the borrowers accounts and strict adherence to the money laundering laws.

It said the weekly limit of Rs 50,000 per week from the current account is too meagre. Besides, banks are not clear about it as yet and several of them are not implementing the current account limit. The small and medium enterprises, which employ casual labour on a big scale should be provided a special dispensation.

n++A limit can be fixed according to size of the sales turnover of a company and depending on the sectors,n++ the ASSOCHAM said.

Even though India Inc itself operates in the organised sector of the economy which is connected electronically or through banking transactions like cheque payments, it has strong linkages with a large part of the unorganised sectors including agriculture, casual labour, transportation and other services.

Likewise, for the entire distribution chain for the items of mass consumption, the value chain from the retail to the large distributors is not totally cheque or electronically payment driven.

n++The government may consider extending the same facilities as are being given to state-owned petrol pumps and cooperative stores for temporary trade in Rs 500 and Rs 1000 notes, subject a ceiling of Rs 5,000 per customer who will leave a proper ID with the retailers. Besides, the traders can also be asked to maintain strict stock details with fool proof system against back-dated transactions and other misuses. Considering the limitations of the Income Tax Departments, the staff of the state governments and other Central departments can be deployed with a provision of strict penalties on any misuse,n++ the chamber said.

It said, the chamber has also received queries from its members regarding exchange of currency by NRIs. n++Can they exchange notes from the branches of Indian banks branches operating overseas as well as from the other international banks.n++

The ASSOCHAM reiterated full industry commitment to join the Prime Minister in his determined fight against black money and corruption and several initiatives in the past with regard to income disclosures and foreign money have all been received well by all the right thinking people.

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