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Jindal Drilling & Industries standalone net profit declines 3.66% in the June 2016 quarter

Jindal Drilling & Industries standalone net profit declines 3.66% in the June 2016 quarter

Sep 14,2016

Net profit of Jindal Drilling & Industries declined 3.66% to Rs 9.48 crore in the quarter ended June 2016 as against Rs 9.84 crore during the previous quarter ended June 2015. Sales rose 11.24% to Rs 92.66 crore in the quarter ended June 2016 as against Rs 83.30 crore during the previous quarter ended June 2015.

ParticularsQuarter Ended
n++Jun. 2016Jun. 2015% Var.
Sales92.6683.3011
OPM %9.8912.74-
PBDT14.5518.68-22
PBT12.0915.01-19
NP9.489.84-4

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Sang Froid Labs (India) reports standalone nil net profit/loss in the September 2016 quarter
Nov 18,2016

Sang Froid Labs (India) reported no net profit/loss in the quarter ended September 2016 as against net profit of Rs 0.03 crore during the previous quarter ended September 2015. There were no Sales reported in the quarter ended September 2016 as against Rs 0.06 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales00.06 -100 OPM %066.67 - PBDT00.04 -100 PBT00.04 -100 NP00.03 -100

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Fast Track Entertainment reports standalone net loss of Rs 0.01 crore in the September 2016 quarter
Nov 18,2016

Net loss of Fast Track Entertainment reported to Rs 0.01 crore in the quarter ended September 2016 as against net profit of Rs 0.01 crore during the previous quarter ended September 2015. Sales declined 47.22% to Rs 0.19 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. Sales0.190.36 -47 OPM %-5.265.56 - PBDT-0.010.02 PL PBT-0.010.01 PL NP-0.010.01 PL

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Morarka Finance reports standalone nil net profit/loss in the September 2016 quarter
Nov 18,2016

Morarka Finance reported no net profit/loss in the quarter ended September 2016 as against net loss of Rs 0.02 crore during the previous quarter ended September 2015. Sales rose 75.00% to Rs 0.07 crore in the quarter ended September 2016 as against Rs 0.04 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.070.04 75 OPM %0-50.00 - PBDT0-0.02 100 PBT0-0.02 100 NP0-0.02 100

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Interlink Petroleum reports standalone net profit of Rs 0.81 crore in the September 2016 quarter
Nov 18,2016

Net profit of Interlink Petroleum reported to Rs 0.81 crore in the quarter ended September 2016 as against net loss of Rs 2.43 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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Premier Synthetics reports standalone net profit of Rs 0.02 crore in the September 2016 quarter
Nov 18,2016

Net profit of Premier Synthetics remain constant at Rs 0.02 crore in the quarter ended September 2016 and also during the previous quarter ended September 2015. Sales declined 9.90% to Rs 2.82 crore in the quarter ended September 2016 as against Rs 3.13 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales2.823.13 -10 OPM %22.7022.04 - PBDT0.630.72 -13 PBT0.020.02 0 NP0.020.02 0

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3M India standalone net profit rises 1.26% in the September 2016 quarter
Nov 18,2016

Net profit of 3M India rose 1.26% to Rs 48.21 crore in the quarter ended September 2016 as against Rs 47.61 crore during the previous quarter ended September 2015. Sales rose 8.10% to Rs 565.50 crore in the quarter ended September 2016 as against Rs 523.15 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales565.50523.15 8 OPM %13.3016.18 - PBDT86.0687.87 -2 PBT74.2675.79 -2 NP48.2147.61 1

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J B Chemicals & Pharmaceuticals standalone net profit rises 7.24% in the September 2016 quarter
Nov 18,2016

Net profit of J B Chemicals & Pharmaceuticals rose 7.24% to Rs 45.20 crore in the quarter ended September 2016 as against Rs 42.15 crore during the previous quarter ended September 2015. Sales rose 2.66% to Rs 288.19 crore in the quarter ended September 2016 as against Rs 280.71 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales288.19280.71 3 OPM %20.8717.85 - PBDT72.7763.09 15 PBT61.5953.05 16 NP45.2042.15 7

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JSL Industries standalone net profit rises 33.33% in the September 2016 quarter
Nov 18,2016

Net profit of JSL Industries rose 33.33% to Rs 0.08 crore in the quarter ended September 2016 as against Rs 0.06 crore during the previous quarter ended September 2015. Sales declined 0.84% to Rs 10.63 crore in the quarter ended September 2016 as against Rs 10.72 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales10.6310.72 -1 OPM %7.067.28 - PBDT0.520.48 8 PBT0.110.08 38 NP0.080.06 33

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Effingo Textile & Trading standalone net profit rises 50.00% in the September 2016 quarter
Nov 18,2016

Net profit of Effingo Textile & Trading rose 50.00% to Rs 0.03 crore in the quarter ended September 2016 as against Rs 0.02 crore during the previous quarter ended September 2015. Sales rose 23.89% to Rs 2.80 crore in the quarter ended September 2016 as against Rs 2.26 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales2.802.26 24 OPM %1.431.77 - PBDT0.040.04 0 PBT0.040.04 0 NP0.030.02 50

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Incon Engineers reports standalone net loss of Rs 0.09 crore in the September 2016 quarter
Nov 18,2016

Net Loss of Incon Engineers reported to Rs 0.09 crore in the quarter ended September 2016 as against net loss of Rs 0.04 crore during the previous quarter ended September 2015. Sales declined 57.14% to Rs 0.03 crore in the quarter ended September 2016 as against Rs 0.07 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.030.07 -57 OPM %-333.33-71.43 - PBDT-0.08-0.03 -167 PBT-0.09-0.04 -125 NP-0.09-0.04 -125

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Infibeam Incorporation consolidated net profit rises 122.84% in the September 2016 quarter
Nov 18,2016

Net profit of Infibeam Incorporation rose 122.84% to Rs 8.00 crore in the quarter ended September 2016 as against Rs 3.59 crore during the previous quarter ended September 2015. Sales rose 31.43% to Rs 114.37 crore in the quarter ended September 2016 as against Rs 87.02 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales114.3787.02 31 OPM %14.657.56 - PBDT18.717.40 153 PBT13.643.28 316 NP8.003.59 123

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Government of India is implementing yield based PMFBY
Nov 18,2016

Government of India is implementing yield based Pradhan Mantri Fasal Bima Yojana (PMFBY) which has replaced the National Agricultural Insurance Scheme (NAIS) & Modified National Agricultural Insurance Scheme (MNAIS), from Kharif 2016 season. Comprehensive risk insurance is provided under PMFBY to cover yield loss due to non-preventable risks viz. natural fire and lightening; Storm, Hailstorm, Cyclone, Typhoon, Tempest, Hurricane, Tornado etc.; Flood, Inundation and Landslide; Drought, Dry Spells; Pests/ Diseases etc. On the other hand, Weather Based Crop Insurance Scheme (WBCIS) provides insurance protection to the farmers against adverse weather incidence, such as deficit and excess rainfall, high or low temperature, humidity etc. which are deemed to impact adversely the crop production.

Crop insurance is a financial tool to insure the crop losses on payment of admissible premium to the insurance company. Further, under the crop insurance schemes, claims are paid to those farmers who insure their crops and pay premium under any of the notified crop/area, notified by the concerned State Govt. Admissible claims are worked out and paid as per the provisions of the respective schemes and not on any other basis like by the representation from the State Govt., team sent by the Government of India, declaration of drought/flood etc. by the State/Central Govt.

Financial assistance is also provided to farmers as per guidelines on the items and norms of assistance from State Disaster Response Fund (SDRF)/ National Disaster Response Fund (NDRF) dated 8th April, 2015 of Ministry of Home Affairs, where assistance is admissible for crop loss of 33% and above due to notified natural calamities viz. Avalanches, Cyclone, Cloud burst, Drought, Earthquake/Tsunami, Fire, Flood, Hailstorm, Landslides, Pest attack, Frost and Cold wave. The norms of relief under SDRF/NDRF are Rs. 6800/- per ha for rainfed areas, Rs.13500/-per ha for assured irrigated areas and Rs.18000/-per ha for all types of perennial crops. Assistance under SDRF/NDRF provided is for immediate relief and not by way of compensation for the loss suffered.

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K P R Mill fixes record date for sub-division of equity shares
Nov 18,2016

K P R Mill announced that the Committee, constituted by the Board of Directors of the Company for Sub-division of Equity shares, at its meeting held on 16 November 2016 has fixed 30 November 2016 as the Record Date for determining the Members of the Company who are entitled for the subdivided equity shares of the Face Value of Rs. 5/- each.

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Alembic Pharmaceuticals gets ANDA approval for Telmisartan and Amlodipine Tablets
Nov 18,2016

Alembic Pharmaceuticals has received approval for its abbreviated new drug application (ANDA) for Telmisartan and Amlodipine Tablets, 40mg/5mg, 40mg/10mg, 80mg/5mg and 80mg/10mg from the United States Food and Drug Administration. The tablets are indicated for the treatment of hypertension, alone or with antihypertensive agents to reduce blood pressure.

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Emami adjudged Winner of Golden Peacock Innovation Management Award
Nov 18,2016

Emami has been adjudged as the Winner of Golden Peacock Innovation Management Award for the year 2016, by the Awards Jury under the Chairmanship of Justice M.N. Venkatachaliah, former Chief Justice, Supreme Court of India.

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