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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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Bharti Airtel in spotlight after reporting Q3 results
Jan 25,2017

Bharti Airtels consolidated net profit fell 54.54% to Rs 503.70 crore on 2.85% decline in total income to Rs 23415.60 crore in Q3 December 2016 over Q3 December 2015. The result was announced after market hours yesterday, 24 January 2017.

Bharti Airtels board in its meeting held yesterday, 24 January 2017, approved issuance of non-convertible debentures (NCDs) on a private placement basis. The outstanding under these NCDs shall at all times be within the overall borrowing limits and be subject to a cap of Rs 10000 crore.

Idea Cellular announced that it intends to issue unsecured redeemable non-convertible debentures (NCDs) amounting to Rs 2000 crore on private placement basis. The tenure of NCDs is five years and carry a coupon rate of 8.04% per annum. The announcement was made after market hours yesterday, 24 January 2017.

Wipro announced that TK Kurien, Executive Vice Chairman and member of the board will retire on 31 January 2017. The announcement was made after market hours yesterday, 24 January 2017. The company is scheduled to announce Q3 December 2016 results today, 25 January 2017.

Among other prominent results, Kotak Mahindra Bank and Maruti Suzuki India are scheduled to announce December 2016 quarter results today, 25 January 2017.

Siemens announced that it has won an order worth around Rs 366 crore from Oil and Natural Gas Corporation (ONGC). The order includes supply of material for overhauling of 18 power turbines through zero hour overhaul and time continued overhaul. The announcement was made after market hours yesterday, 24 January 2017.

Wockhardt reported consolidated net loss of Rs 53.91 crore in Q3 December 2016 compared with net profit of Rs 72.04 crore in Q3 December 2015. Total income dropped 10.34% to Rs 1000.81 crore in Q3 December 2016 over Q3 December 2015. The announcement was made after market hours yesterday, 24 January 2017.

Indian Overseas Bank reported a net loss of Rs 554.44 crore in Q3 December 2016, compared to net loss of Rs 1425.06 crore in Q3 December 2015. Total income declined 13.12% to Rs 5599.50 crore in Q3 December 2016 over Q3 December 2015. The result was announced after market hours yesterday, 24 January 2017.

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Board of Aris International to consider December quarter results
Jan 24,2017

Aris International announced that the Board meeting of the Company scheduled to be held on 03 February 2017, inter alia, to consider:

- Un-audited Financial results of the company for the Quarter ended 31 December 2016 and Limited Review report thereon;

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Board of Advik Laboratories accepts resignation of director
Jan 24,2017

The Board of Directors of Advik Laboratories at its meeting held on 24 January 2017 has considered and accepted the resignation of Madhu Sharma as Director with effect from 24 January 2017.

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Sumedha Fiscal Services to consider December quarter results
Jan 24,2017

Sumedha Fiscal Services announced that a meeting of the Board of Directors of the Company has been convened on 04 February 2017, inter alia, to consider and take on record the Un-audited Financial Results for the third quarter and nine months period ended on 31 December 2016.

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Bata India Board to consider Q3 results
Jan 24,2017

Bata India announced that a meeting of the Board of Directors of the Company will be held on 09 February 2017, inter alia, to consider and approve the Unaudited Financial Results of the Company for the 3rd quarter ended 31 December 2016 (Q3).

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State Bank of Travancore to announce Q3 and 9M results
Jan 24,2017

State Bank of Travancore announced that a meeting of the Board of Directors of the Bank will be held on 01 February 2017, inter alia, to consider and take on record the Un-Audited (Reviewed) Financial Results of the Bank for the quarter/ nine months ended 31 December 2016.

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Sheela Foam to announce December quarter results
Jan 24,2017

Sheela Foam announced that the meeting of the Board of Directors of the Company is scheduled to be held on 03 February 2017, inter alia, to approve the unaudited financial results for the quarter ended on 31 December 2016.

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Board of FCS Software Solutions to consider December quarter results
Jan 24,2017

FCS Software Solutions announced that the meeting of the Board of Directors of the Company is scheduled to be held on 31 January 2017, inter alia, to consider, approve and publish unaudited Financial Results of the Company for the quarter ended on 31 December 2016, as per Ind-AS Rules of Company (Indian Accounting Standard) Rules, 2015.

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Board of Balaji Telefilms to consider Q3 and 9M results
Jan 24,2017

Balaji Telefilms announced that a Meeting of the Board of Directors of the Company is scheduled to be held on 13 February 2017, inter alia, to consider, take on record and approve, the Unaudited Standalone and Consolidated Financial Results of the Company and Limited Review Report by Statutory Auditors for the quarter and nine months ended 31 December 2016.

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Agenda for board meeting of Asian Hotels (East)
Jan 24,2017

Asian Hotels (East) announced that a meeting of the Board of Directors of the Company will be held on 10 February 2017, inter alia, to transact the following businesses:

1. To consider and approve the unaudited standalone financial results for quarter (Q3) and nine months ended on 31 December 2016 And

2. To consider and approve the restructuring of the businesses of the Company and its subsidiaries along with the draft Scheme of Arrangement and other documents.

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Board of Mangalam Cement to consider Q3 and 9M results
Jan 24,2017

Mangalam Cement announced that a meeting of the Board of the Directors of the Company will be held on 11 February 2017, inter alia, to consider, approve and take on record the Unaudited Financial Results of the Company for the quarter / nine months ended 31 December 2016.

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Hazoor Multi Projects to consider Q3 results
Jan 24,2017

Hazoor Multi Projects announced that a meeting of the Board of Directors of the Company is scheduled to be held on 06 February 2017, inter alia, to consider and approve the Un-audited Financial Result of the Company for the Third Quarter ended 31 December 2016 along with Limited Review Report thereon to be submitted by the Statutory Auditors of the Company.

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Kwality to announce Q3 and 9M results
Jan 24,2017

Kwality announced that a Meeting of the Board of Directors of the company will be held on 10 February 2017, inter alia, to take on record the Unaudited Financial Result for the quarter and nine months ended 31 December 2016.

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Board of Sarvottam Finvest to consider December quarter results
Jan 24,2017

Sarvottam Finvest announced that a meeting of the Board of Directors of the Company is scheduled to be held on 14 February 2017, inter alia, to consider and approve the Unaudited Financial Results for the quarter ended 31 December 2016.

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Mihika Industries to consider December quarter results
Jan 24,2017

Mihika Industries announced that a meeting of the Board of Directors of the Company is scheduled to be held on 14 February 2017, inter alia, to consider and approve the Unaudited Financial Results for the quarter ended 31 December 2016.

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