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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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Jay Shree Tea & Industries standalone net profit declines 27.59% in the September 2016 quarter
Nov 10,2016

Net profit of Jay Shree Tea & Industries declined 27.59% to Rs 23.36 crore in the quarter ended September 2016 as against Rs 32.26 crore during the previous quarter ended September 2015. Sales declined 28.58% to Rs 153.31 crore in the quarter ended September 2016 as against Rs 214.66 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales153.31214.66 -29 OPM %19.8618.84 - PBDT26.9236.59 -26 PBT23.3632.26 -28 NP23.3632.26 -28

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Elecon Engineering Company reports standalone net loss of Rs 3.03 crore in the September 2016 quarter
Nov 10,2016

Net loss of Elecon Engineering Company reported to Rs 3.03 crore in the quarter ended September 2016 as against net profit of Rs 5.86 crore during the previous quarter ended September 2015. Sales declined 13.24% to Rs 183.04 crore in the quarter ended September 2016 as against Rs 210.97 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales183.04210.97 -13 OPM %9.9016.33 - PBDT5.8422.47 -74 PBT-6.668.59 PL NP-3.035.86 PL

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Elecon Engineering Company reports consolidated net loss of Rs 7.43 crore in the September 2016 quarter
Nov 10,2016

Net loss of Elecon Engineering Company reported to Rs 7.43 crore in the quarter ended September 2016 as against net profit of Rs 7.63 crore during the previous quarter ended September 2015. Sales declined 12.89% to Rs 246.78 crore in the quarter ended September 2016 as against Rs 283.29 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales246.78283.29 -13 OPM %7.2915.11 - PBDT3.0325.71 -88 PBT-11.289.80 PL NP-7.437.63 PL

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Inditrade Capital consolidated net profit declines 80.91% in the September 2016 quarter
Nov 10,2016

Net profit of Inditrade Capital declined 80.91% to Rs 1.43 crore in the quarter ended September 2016 as against Rs 7.49 crore during the previous quarter ended September 2015. Sales rose 34.36% to Rs 9.58 crore in the quarter ended September 2016 as against Rs 7.13 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales9.587.13 34 OPM %12.53-1.82 - PBDT3.1114.77 -79 PBT2.8014.53 -81 NP1.437.49 -81

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Sequent Scientific reports consolidated net loss of Rs 5.15 crore in the September 2016 quarter
Nov 10,2016

Net loss of Sequent Scientific reported to Rs 5.15 crore in the quarter ended September 2016 as against net profit of Rs 5.35 crore during the previous quarter ended September 2015. Sales rose 58.60% to Rs 248.91 crore in the quarter ended September 2016 as against Rs 156.94 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales248.91156.94 59 OPM %8.2112.34 - PBDT14.3316.92 -15 PBT-2.157.62 PL NP-5.155.35 PL

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Himatsingka Seide consolidated net profit rises 51.71% in the September 2016 quarter
Nov 10,2016

Net profit of Himatsingka Seide rose 51.71% to Rs 46.09 crore in the quarter ended September 2016 as against Rs 30.38 crore during the previous quarter ended September 2015. Sales declined 3.21% to Rs 499.81 crore in the quarter ended September 2016 as against Rs 516.37 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales499.81516.37 -3 OPM %18.1114.57 - PBDT73.1253.51 37 PBT60.2535.72 69 NP46.0930.38 52

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Pincon Spirit announces resignation of company secretary
Nov 10,2016

Pincon Spirit announced that Aditya Karwa, Company Secretary and Compliance Officer of the Company has resigned from his position. The Board has accepted the resignation of Company Secretary with immediate effect from 10 November 2016.

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Old demonitised 500 & 1000 rupee notes will be accepted for making payments towards fees, charges, taxes and penalties payable to the Central & State
Nov 10,2016

The Central Government has taken a decision that old 500 & 1000 rupee notes will be accepted for making payments towards fees, charges, taxes and penalties payable to the Central and State Governments including Municipal and Local Bodies. Such old notes will also be accepted for making payment of utility charges for water & electricity etc. However, these facilities will be available only till midnight of 11th November,2016.

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Shoppers Stop intimates of closure of 2 Shoppers Stop stores in Pune & Mumbai
Nov 10,2016

Shoppers Stop announced that the Company has closed Shoppers Stop stores at Inorbit Mall-Pune and Nirmal Lifestyle-Mulund, due to lower than expected businesses and its low profitability.

During the last financial year, sales from Inorbit Mall-Pune was Rs. 24.91 crore which is 0.66% of the turnover of the Company and sales from Nirmal Lifestyle - Mulund was Rs. 1,6.67 crore which is 0.44% of the turnover of the Company.

With these closures, the Company has now 81 n++Shoppers Stopn++ (including six airport stores) stores under its operations.

And also, inform that our 51% Subsidiary Company; Hypercity Retail (India); has closed n++Hypercityn++ store at Inorbit Mall-Pune due to lower than expected business and its low profitability. The sale from this store for the last financial year was Rs. 13.27 crore which is 1.40% of the turnover of the Hypercity. With the closing of this store, there are now 19 Hypercity stores.

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Thermax appoints director
Nov 10,2016

Thermax announced that the Board of Directors of the Company at its meeting held on 10 November 2016, has approved the appointment of Harsh Mariwala as an Additional Director in the capacity of Non-Executive Independent Director of the Company with effect from 10 November 2016.

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Great Eastern Shipping Company to announce Q2 results
Nov 10,2016

Great Eastern Shipping Company announced that the Board of Directors of the Company will meet on 11 November 2016, to consider the Financial Results for the quarter and half year ended 30 September 2016 (Q2).

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Siti Networks to announce Q2 results
Nov 10,2016

Siti Networks announced that a meeting of the Board of Directors of the Company will be held on 22 November 2016, inter alia, to consider, approve and take on record the Unaudited Financial Results of the Company for the second quarter of the Financial Year 2016- 17 and 6 months period ended 30 September 2016.

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Board of Transformers & Rectifiers (India) considers resignation of CFO
Nov 10,2016

Transformers & Rectifiers (India) announced that the Board of Directors at its Meeting held on 10 November 2016, inter alia, has considered, discussed and approved the following matters:

- Take note of the resignation of Samkit Mehta, Chief Financial Officer of the Company w.e.f. 01 October 2016.

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Mega Fin (India) Board to consider September quarter results
Nov 10,2016

Mega Fin (India) announced that a meeting of the Board of Directors of the Company will be held on 14 November 2016, inter alia, to consider and approve the Un-Audited Financial Results of the Company for the Quarter Ended 30 September 2016.

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Outcome of board meeting of Suryo Foods & Industries
Nov 10,2016

Suryo Foods & Industries announced that the Board of Directors of the Company at its meeting held on 10 November 2016, inter alia, has transacted the following:

- Confirmation of transfer and transmission of shares for the 2nd quarter ended on 30 September 2016.

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