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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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Vidarbha Iron & Steel Corporation reports standalone net loss of Rs 0.04 crore in the December 2016 quarter
Feb 24,2017

Net Loss of Vidarbha Iron & Steel Corporation reported to Rs 0.04 crore in the quarter ended December 2016 as against net loss of Rs 0.02 crore during the previous quarter ended December 2015. There were no Sales reported in the quarter ended December 2016 and during the previous quarter ended December 2015.

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Rain Industries reports standalone net loss of Rs 2.13 crore in the December 2016 quarter
Feb 24,2017

Net Loss of Rain Industries reported to Rs 2.13 crore in the quarter ended December 2016 as against net loss of Rs 2.51 crore during the previous quarter ended December 2015. Sales declined 68.51% to Rs 7.28 crore in the quarter ended December 2016 as against Rs 23.12 crore during the previous quarter ended December 2015.

For the full year,net profit rose 20.12% to Rs 31.34 crore in the year ended December 2016 as against Rs 26.09 crore during the previous year ended December 2015. Sales declined 47.98% to Rs 44.85 crore in the year ended December 2016 as against Rs 86.21 crore during the previous year ended December 2015.

ParticularsQuarter EndedYear Endedn++Dec. 2016Dec. 2015% Var.Dec. 2016Dec. 2015% Var. Sales7.2823.12 -69 44.8586.21 -48 OPM %-12.09-7.22 --7.42-5.09 - PBDT-1.67-2.00 17 34.9828.16 24 PBT-2.01-2.40 16 33.4526.59 26 NP-2.13-2.51 15 31.3426.09 20

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Indian markets closed for local holiday
Feb 24,2017

Indias stock, currency and derivatives market were closed on Friday (24 February 2017) due to local holiday on account of Mahashivratri. The markets will resume trading on Monday.

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Board of Savita Oil Technologies recommends dividend
Feb 24,2017

Savita Oil Technologies announced that the Board of Directors of the Company at its meeting held on 23 February 2017, inter alia, have recommended the dividend of Rs 13.5 per equity Share (i.e. 135%) , subject to the approval of the shareholders.

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EMA India announces demise of Managing Director
Feb 24,2017

EMA India announced the sad demise of Companys Managing Director Mradip Kumar Bhargava on 21 February 2017 who led the company for the last more than 30 years.

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Yes Bank allots equity shares
Feb 24,2017

Yes Bank has allotted 2,86,470 (Two Lakhs Eighty Six Thousand Four Hundred and Seventy) equity shares of face value of Rs. 10/- each on 24 February 2017 under the JESOP IV, JESOP V, PESOP I, PESOP II and PESOP II - 2010.

The paid up share capital of the Bank has accordingly been increased from Rs. 423,35,70,430/- consisting of 42,33,57,043 equity shares of Rs. 10/- each to Rs. 423,64,35,130/- consisting of 42,36,43,513 equity shares of Rs. 10/- each.

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Board of Arfin India allots 50000 equity shares on conversion of warrants
Feb 24,2017

Arfin India announced that the Board of Directors of the Company at its meeting held on 24 February 2017 has allotted 50,000 equity shared of Rs 10 each at a premium of Rs 165 per share on conversion of 50,000 warrants.

Consequent to conversion of warrants into equity shares, the paid up capital of the Company stands increased to Rs 4,05,11,570 dividend into 40,51,157 equity shares of face value of Rs 10 each.

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Tayo Rolls to allot 1lakh preference shares to Promoter - Tata Steel
Feb 24,2017

Tayo Rolls announced that the Committee of the Board at their meeting held on 24 February 2017 have decided to allot 1,00,000 (one lakh only) 7.17% Non-cumulative Redeemable Preference Shares of Rs. 100/- (Rupees one hundred only) each aggregating to Rs. 1,00,00,000/- (Rupees one crore only) to Tata Steel, the Promoter on Preferential basis.

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Pil Italica Lifestyle to hold board meeting
Feb 24,2017

Pil Italica Lifestyle will hold a meeting of the Board of Directors of the Company on 11 March 2017, To consider allotment of Equity Shares on conversion of warrants to Promoter and Non Promoters.

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India Lease Development to hold board meeting
Feb 24,2017

India Lease Development will hold a meeting of the Board of Directors of the Company on 9 March 2017, to consider appointment of Secretarial Auditors for the Financial Year 2016-2017, Review the performance of the Independent Directors.

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Zydus Cadila to launch Indias first Tetravalent Inactivated Influenza vaccine - VaxiFlue-4
Feb 24,2017

Zydus Cadila has received approval from the Drug Controller General of India, Central Drugs Standard Control Organisation and the Central Drug Laboratory to market the Tetravalent Inactivated Influenza vaccine for seasonal flu, VaxiFlu -4. With this, Zydus Cadila will become the first Indian pharma company and second in the world to launch a Tetravalent Inactivated Influenza vaccine.

The vaccine provides protection from four influenza viruses - H1N1, H3N2, Type 3 (Brisbane) and Type B (Phuket).

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Cadila Healthcare to hold EGM
Feb 24,2017

Cadila Healthcare announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 30 March 2017.

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Motor & General Finance to hold board meeting
Feb 24,2017

Motor & General Finance will hold a meeting of the Board of Directors of the Company on 9 March 2017, to approve the appointment of Secretarial Auditors for the Financial Year 2016-17, Appointment of Internal Auditors for the Financial year 2016-17.

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Grandeur Products to hold board meeting
Feb 24,2017

Grandeur Products will hold a meeting of the Board of Directors of the Company on 1 March 2017, EGM & to consider Issue of Shares under Employee Stock Purchase Scheme to the eligible employees through trust as per SEBI (Share Based Employee Benefits) Regulations, 2014

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Proaim Enterprises to hold board meeting
Feb 24,2017

Proaim Enterprises will hold a meeting of the Board of Directors of the Company on 27 February 2017, to consider Resignation of Chief Financial Officer of the Company w.e.f. February 27, 2017.

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