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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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Speciality Papers reports standalone net loss of Rs 0.08 crore in the June 2016 quarter
Aug 23,2016

Net Loss of Speciality Papers reported to Rs 0.08 crore in the quarter ended June 2016 as against net loss of Rs 0.17 crore during the previous quarter ended June 2015. Sales declined 33.33% to Rs 0.02 crore in the quarter ended June 2016 as against Rs 0.03 crore during the previous quarter ended June 2015.

ParticularsQuarter Endedn++Jun. 2016Jun. 2015% Var. Sales0.020.03 -33 OPM %-400.00-33.33 - PBDT-0.08-0.01 -700 PBT-0.08-0.17 53 NP-0.08-0.17 53

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Hindustan Copper reports standalone net loss of Rs 2.88 crore in the June 2016 quarter
Aug 23,2016

Net loss of Hindustan Copper reported to Rs 2.88 crore in the quarter ended June 2016 as against net profit of Rs 20.00 crore during the previous quarter ended June 2015. Sales declined 12.15% to Rs 205.99 crore in the quarter ended June 2016 as against Rs 234.48 crore during the previous quarter ended June 2015.

ParticularsQuarter Endedn++Jun. 2016Jun. 2015% Var. Sales205.99234.48 -12 OPM %3.8117.20 - PBDT22.5450.53 -55 PBT-2.7524.32 PL NP-2.8820.00 PL

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BCL Industries & Infrastructures reports standalone net profit of Rs 2.60 crore in the June 2016 quarter
Aug 23,2016

Net profit of BCL Industries & Infrastructures reported to Rs 2.60 crore in the quarter ended June 2016 as against net loss of Rs 2.95 crore during the previous quarter ended June 2015. Sales rose 18.08% to Rs 129.95 crore in the quarter ended June 2016 as against Rs 110.05 crore during the previous quarter ended June 2015.

ParticularsQuarter Endedn++Jun. 2016Jun. 2015% Var. Sales129.95110.05 18 OPM %5.461.04 - PBDT4.79-0.98 LP PBT2.85-2.95 LP NP2.60-2.95 LP

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Hindustan Petroleum Corporation standalone net profit rises 30.00% in the June 2016 quarter
Aug 23,2016

Net profit of Hindustan Petroleum Corporation rose 30.00% to Rs 2098.38 crore in the quarter ended June 2016 as against Rs 1614.13 crore during the previous quarter ended June 2015. Sales declined 12.86% to Rs 44779.25 crore in the quarter ended June 2016 as against Rs 51386.05 crore during the previous quarter ended June 2015.

ParticularsQuarter Endedn++Jun. 2016Jun. 2015% Var. Sales44779.2551386.05 -13 OPM %8.106.03 - PBDT3762.613211.50 17 PBT3151.772460.19 28 NP2098.381614.13 30

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Fruition Venture standalone net profit rises 950.00% in the June 2016 quarter
Aug 23,2016

Net profit of Fruition Venture rose 950.00% to Rs 0.21 crore in the quarter ended June 2016 as against Rs 0.02 crore during the previous quarter ended June 2015. Sales declined 98.62% to Rs 0.06 crore in the quarter ended June 2016 as against Rs 4.34 crore during the previous quarter ended June 2015.

ParticularsQuarter Endedn++Jun. 2016Jun. 2015% Var. Sales0.064.34 -99 OPM %-116.672.30 - PBDT0.260.10 160 PBT0.260.10 160 NP0.210.02 950

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Pan Electronics (India) reports standalone net loss of Rs 0.46 crore in the June 2016 quarter
Aug 23,2016

Net Loss of Pan Electronics (India) reported to Rs 0.46 crore in the quarter ended June 2016 as against net loss of Rs 0.23 crore during the previous quarter ended June 2015. Sales reported to Rs 0.12 crore in the quarter ended June 2016. There were no Sales reported during the previous quarter ended June 2015.

ParticularsQuarter Endedn++Jun. 2016Jun. 2015% Var. Sales0.120 0 OPM %-325.000 - PBDT-0.38-0.23 -65 PBT-0.46-0.23 -100 NP-0.46-0.23 -100

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Bharat Rasayan standalone net profit rises 76.43% in the June 2016 quarter
Aug 23,2016

Net profit of Bharat Rasayan rose 76.43% to Rs 14.52 crore in the quarter ended June 2016 as against Rs 8.23 crore during the previous quarter ended June 2015. Sales rose 45.87% to Rs 166.25 crore in the quarter ended June 2016 as against Rs 113.97 crore during the previous quarter ended June 2015.

ParticularsQuarter Endedn++Jun. 2016Jun. 2015% Var. Sales166.25113.97 46 OPM %16.9717.22 - PBDT26.0416.43 58 PBT22.0512.38 78 NP14.528.23 76

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India and Germany join hands on skill agenda Germany Contributes Rs 22.6 crore for Skill Development in India
Aug 23,2016

India and Germany are deepening their collaboration in the area of skill development. An implementation agreement was signed between the Ministry of Skill Development and Entrepreneurship (MSDE) and (German International Cooperation (GIZ), to initiate a new project focused on adapting elements of the German dual system in select industrial clusters in India.

This new project will run for three years starting August 2016 with a budget of EUR 3,000,000 (22.6 Crores INR) - made available by the German Government and aims to foster conditions which will help create and improve cooperative workplace-based vocational training in Indias industrial clusters. The project will be implemented in three selected clusters, which include the Automobile cluster in Maharashtra and Electronics cluster in Bangalore.

German technical assistance will be used to enhance industry institute partnerships between Indian and German organizations, build capacity of local training institutions and foster industry linkages which will help adapt elements of the German dual system, into the Indian context. This new project will also play an important role in supporting MSDEs existing programmes to scale up apprenticeship training.

The project will be implemented under the umbrella of the Joint Memorandum of Understanding (MoU) in the field of Skill Development and Vocational Education and Training (VET), signed during the Indo- German intergovernmental consultations on 5th October 2015 in New Delhi.

The Joint Working Group, under the MoU held its first meeting on 26 July 2016, in New Delhi. At the meeting, the two countries agreed to deepen their collaboration in a number of specific areas including: curriculum development, research and sharing of best practices, training of trainers, and establishing cooperative workplace based skill training programmes in three industrial clusters.

Commenting on the Indo-German partnership in the area of skill development, Shri Rajiv Pratap Rudy, Union Minister of State (I/C) for Skill Development and Entrepreneurship said, n++We in India recognize the fact that Germanys dual system is widely acclaimed as one of the best in the world, noted for its close linkages between industry and training institutions. This provides a competitive edge to German industry and businesses. We need to adapt elements of the German VET system to the Indian context to ensure that skill training in India is closely aligned with the requirements of industry.n++

n++Germany has been one of countries which is on top of the manufacturing and innovation pyramid and continues to develop most high end products. It has some of the best working models in sustainable workforce development which is the reason for the countrys economic progress. This partnership with Germany will help strengthen our skill development initiatives. The recent budget allocations that have been made for promoting apprenticeship programs in the country will help our plans see daylightn++ said Shri Rohit Nandan, Secretary, Ministry of Skill Development and Entrepreneurship.

n++Germany is known for its excellent vocational education system that relies on the strong participation and engagement of the private sector. Having a very long standing partnership with India, Germany is pleased to support the n++Skill Indian++ and n++Make in Indian++ initiatives with a new bilateral programme on vocational education and training. Herein, the engagement of private enterprises, including German firms, as carriers for skill development will be crucial for the successn++, said German Ambassador to India, Dr Martin Ney, during an official signing ceremony for the launch of a new bilateral partner programme at the Ministry of Skill Development and Entrepreneurship (MSDE).

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Standard Shoe Sole & Mould India appoints director
Aug 23,2016

Standard Shoe Sole & Mould India announced that Kausikh Kundu has been appointed as the Director of the Company w.e.f. 12 July 2016 and the same has also been approved in the Annual General Meeting of the Company held on 11 August 2016.

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AD Manum Finance gets reafirmation of ratings for bank facilities
Aug 23,2016

AD Manum Finance has received long term rating of CRISIL BBB- / Stable (Reaffirmed) for bank facilities aggregating Rs 75 crore.

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LCC Infotech reports standalone net loss of Rs 0.03 crore in the June 2016 quarter
Aug 23,2016

Net Loss of LCC Infotech reported to Rs 0.03 crore in the quarter ended June 2016 as against net loss of Rs 0.04 crore during the previous quarter ended June 2015. Sales declined 1.62% to Rs 3.03 crore in the quarter ended June 2016 as against Rs 3.08 crore during the previous quarter ended June 2015.

ParticularsQuarter Endedn++Jun. 2016Jun. 2015% Var. Sales3.033.08 -2 OPM %-0.66-0.32 - PBDT0-0.01 100 PBT-0.03-0.04 25 NP-0.03-0.04 25

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Dhenu Buildcon Infra reports standalone net loss of Rs 0.04 crore in the June 2016 quarter
Aug 23,2016

Net loss of Dhenu Buildcon Infra reported to Rs 0.04 crore in the quarter ended June 2016 as against net profit of Rs 0.01 crore during the previous quarter ended June 2015. There were no Sales reported in the quarter ended June 2016 as against Rs 2.06 crore during the previous quarter ended June 2015.

ParticularsQuarter Endedn++Jun. 2016Jun. 2015% Var. Sales02.06 -100 OPM %00.49 - PBDT-0.040.01 PL PBT-0.040.01 PL NP-0.040.01 PL

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Polson standalone net profit declines 65.33% in the June 2016 quarter
Aug 23,2016

Net profit of Polson declined 65.33% to Rs 1.73 crore in the quarter ended June 2016 as against Rs 4.99 crore during the previous quarter ended June 2015. Sales declined 8.10% to Rs 21.10 crore in the quarter ended June 2016 as against Rs 22.96 crore during the previous quarter ended June 2015.

ParticularsQuarter Endedn++Jun. 2016Jun. 2015% Var. Sales21.1022.96 -8 OPM %11.4211.63 - PBDT1.972.03 -3 PBT1.221.27 -4 NP1.734.99 -65

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SPL Industries standalone net profit declines 9.82% in the June 2016 quarter
Aug 23,2016

Net profit of SPL Industries declined 9.82% to Rs 1.01 crore in the quarter ended June 2016 as against Rs 1.12 crore during the previous quarter ended June 2015. Sales rose 0.67% to Rs 31.52 crore in the quarter ended June 2016 as against Rs 31.31 crore during the previous quarter ended June 2015.

ParticularsQuarter Endedn++Jun. 2016Jun. 2015% Var. Sales31.5231.31 1 OPM %6.155.08 - PBDT1.651.94 -15 PBT1.011.15 -12 NP1.011.12 -10

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R R Securities reports standalone nil net profit/loss in the June 2016 quarter
Aug 23,2016

R R Securities reported no net profit/loss in the quarter ended June 2016 as against net loss of Rs 0.01 crore during the previous quarter ended June 2015. There were no Sales reported in the quarter ended June 2016 and during the previous quarter ended June 2015.

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