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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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Crescent Leasing to hold AGM
Sep 30,2016

Crescent Leasing announced that the 18th Annual General Meeting(AGM) of the company on 29 September 2016.

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Unisys Software and Holding Inds. to hold AGM
Sep 30,2016

Unisys Software and Holding Inds. announced that the 24th Annual General Meeting(AGM) of the company on 29 September 2016.

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Accurate Transformers to hold AGM
Sep 30,2016

Accurate Transformers announced that the 28th Annual General Meeting(AGM) of the company on 30 September 2016.

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Greencrest Financial Services to hold AGM
Sep 30,2016

Greencrest Financial Services announced that the 32th Annual General Meeting(AGM) of the company on 29 September 2016.

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Jamshri Ranjitsinghji Spg & Wvg M.Co. to hold AGM
Sep 30,2016

Jamshri Ranjitsinghji Spg & Wvg M.Co. announced that the th Annual General Meeting(AGM) of the company on 28 September 2016.

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Warner Multimedia to hold AGM
Sep 30,2016

Warner Multimedia announced that the 33th Annual General Meeting(AGM) of the company on 29 September 2016.

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Subh Tex (India) to hold AGM
Sep 30,2016

Subh Tex (India) announced that the th Annual General Meeting(AGM) of the company on 29 September 2016.

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Metropoli Overseas to hold AGM
Sep 30,2016

Metropoli Overseas announced that the 25th Annual General Meeting(AGM) of the company on 30 September 2016.

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3i Infotech to hold board meeting
Sep 30,2016

3i Infotech will hold a meeting of the Board of Directors of the Company on 21 October 2016 to consider and approve the Financial Results of the Company for the quarter and half year ended September 30, 2016.

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HCL Technologies recognised as Leader for IT Outsourcing in Global Capital Markets
Sep 30,2016

HCL Technologies has been recognized for its leadership and integrated services value proposition for the global capital markets by Everest Group. In the report titled n++IT Outsourcing in Global Capital Markets - PEAK MatrixTM Assessment 2016n++, HCL has been named among the Leaders, the providers that display leadership in delivery capabilities as well as market success.

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PDS Multinational Fashions announces change in compliance officer
Sep 30,2016

PDS Multinational Fashions announced that pursuant to Regulation 6 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 and in consequent to resignation of Chandra Kishor Jha from the position of Company Secretary & Compliance officer of the Company, B. Chandra Sekhara Reddy is appointed as Compliance Officer of the Company w.e.f. 30 September 2016. He is an Associate Member of the Institute of the Company Secretaries of India and will act as a Compliance Officer of the Company till the Board of Directors appoints a Company Secretary & Compliance Officer of the Company in the next Board Meeting.

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PDS Multinational Fashions announces resignation of company secretary
Sep 30,2016

PDS Multinational Fashions announced that Chandra Kishore Jha has resigned from the position of the Company Secretary and Compliance Officer of the Company w.e.f. closure of the working hours of 29 September 2016.

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Dewan Housing Finance Corporation allots equity shares
Sep 30,2016

Dewan Housing Finance Corporation has on 30 September 2016 allotted 2,12,30,070 equity shares of Rs. 10/- each, fully paid up, to Wadhawan Global Capital (WGCPL) against warrants issued to them. As a result, WGCPLs shareholding in the company has increased to 37.39% and the promoter groups shareholding has increased to 39.31%.

Consequent to the allotment of aforesaid equity shares, the Paid-up Equity Share Capital of the Company stands increased from Rs. 291,79,79,880 divided into 29,17,97,988 equity shares of face value of Rs.10/- each to Rs. 313,02,80,580 divided into 31,30,28,058 equity shares of face value of Rs. 10/- each.

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Vidli Restaurants shifts registered office
Sep 30,2016

Vidli Restaurants announced that the Registered Office of the Company will be shifted from Office No.26, Building-1, Ajay Mittal Industrial Premises Limited, Marol, Andheri (East), Mumbai 400059 to Office No. 704, 7th Floor, Jai Antariksh, Makwana Road, Marol, Andheri (East), Mumbai 400059 with effect from 01 October 2016.

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Jubilant Life Sciences jumps after subsidiary raises funds
Sep 30,2016

The announcement was made after market hours yesterday, 29 September 2016.

Meanwhile, the BSE Sensex was up 50.52 points, or 0.18%, to 27,878.05.

On BSE, so far 1.35 lakh shares were traded in the counter, compared with average daily volume of 2.51 lakh shares in the past one quarter. The stock hit a high of Rs 619.70 and a low of Rs 589.10 so far during the day. The stock hit a record high of Rs 655 on 27 September 2016. The stock hit a 52-week low of Rs 272.50 on 20 January 2016. The stock had outperformed the market over the past 30 days till 29 September 2016, rising 9.81% compared with 2.20% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 85.46% as against Sensexs 2.51% rise.

The mid-cap company has equity capital of Rs 15.93 crore. Face value per share is Re 1.

Jubilant Life Sciences said that its wholly-owned subsidiary, Jubilant Pharma (JPL), has successfully completed the pricing of its rated unsecured high yield bonds (the notes) at a yield of 4.875% per annum, issued at par for $300 million and maturing in September 2021. The issuer (JPL) has been rated BB- by Standard & Poors Ratings Services (S&P) and Fitch Inc. (Fitch) and the issue (the notes) has been rated BB- by S&P and BB by Fitch.

The net proceeds of the notes shall be used to prepay the existing debts of JPL and its subsidiaries; for upstreaming upto $50 million to Jubilant Life Sciences for prepayment of its existing debts; and for general corporate purposes, the company said in a statement.

Jubilant Life Sciences consolidated net profit rose 22.49% to Rs 161.60 crore on 1.72% decline in net sales to Rs 1400.97 crore in Q1 June 2016 over Q1 June 2015.

Jubilant Life Sciences is an integrated global pharmaceutical and life sciences company engaged in manufacture and supply of active pharmaceutical ingredients (APIs), solid dosage formulations, radiopharmaceuticals, allergy therapy products and life science ingredients. It also provides services in contract manufacturing of sterile injectables and drug discovery solutions. The companys strength lies in its unique offerings of pharmaceuticals and life sciences products and services across the value chain.

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