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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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Shantai Industries standalone net profit declines 15.79% in the June 2017 quarter
Aug 08,2017

Net profit of Shantai Industries declined 15.79% to Rs 0.16 crore in the quarter ended June 2017 as against Rs 0.19 crore during the previous quarter ended June 2016. Sales rose 4.22% to Rs 25.18 crore in the quarter ended June 2017 as against Rs 24.16 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales25.1824.16 4 OPM %1.031.16 - PBDT0.250.28 -11 PBT0.240.28 -14 NP0.160.19 -16

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Sugal & Damani Share Brokers standalone net profit rises 34.78% in the June 2017 quarter
Aug 08,2017

Net profit of Sugal & Damani Share Brokers rose 34.78% to Rs 0.31 crore in the quarter ended June 2017 as against Rs 0.23 crore during the previous quarter ended June 2016. Sales rose 21.35% to Rs 1.08 crore in the quarter ended June 2017 as against Rs 0.89 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales1.080.89 21 OPM %6.4819.10 - PBDT0.460.36 28 PBT0.450.34 32 NP0.310.23 35

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Gujarat Borosil standalone net profit declines 81.07% in the June 2017 quarter
Aug 08,2017

Net profit of Gujarat Borosil declined 81.07% to Rs 0.60 crore in the quarter ended June 2017 as against Rs 3.17 crore during the previous quarter ended June 2016. Sales declined 5.09% to Rs 40.62 crore in the quarter ended June 2017 as against Rs 42.80 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales40.6242.80 -5 OPM %20.3322.99 - PBDT5.357.15 -25 PBT1.913.68 -48 NP0.603.17 -81

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NCC standalone net profit rises 21.19% in the June 2017 quarter
Aug 08,2017

Net profit of NCC rose 21.19% to Rs 63.43 crore in the quarter ended June 2017 as against Rs 52.34 crore during the previous quarter ended June 2016. Sales rose 5.92% to Rs 2013.73 crore in the quarter ended June 2017 as against Rs 1901.14 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales2013.731901.14 6 OPM %8.498.72 - PBDT105.73100.38 5 PBT78.1872.64 8 NP63.4352.34 21

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L G Balakrishnan & Bros standalone net profit rises 21.77% in the June 2017 quarter
Aug 08,2017

Net profit of L G Balakrishnan & Bros rose 21.77% to Rs 11.13 crore in the quarter ended June 2017 as against Rs 9.14 crore during the previous quarter ended June 2016. Sales rose 7.61% to Rs 279.04 crore in the quarter ended June 2017 as against Rs 259.31 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales279.04259.31 8 OPM %11.4010.55 - PBDT29.7124.48 21 PBT17.0112.86 32 NP11.139.14 22

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Sundaram Clayton reports standalone net loss of Rs 3.81 crore in the June 2017 quarter
Aug 08,2017

Net loss of Sundaram Clayton reported to Rs 3.81 crore in the quarter ended June 2017 as against net profit of Rs 11.44 crore during the previous quarter ended June 2016. Sales rose 7.66% to Rs 373.04 crore in the quarter ended June 2017 as against Rs 346.49 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales373.04346.49 8 OPM %4.928.46 - PBDT12.5526.13 -52 PBT-3.8111.34 PL NP-3.8111.44 PL

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Meghmani Organics consolidated net profit rises 55.08% in the June 2017 quarter
Aug 08,2017

Net profit of Meghmani Organics rose 55.08% to Rs 43.33 crore in the quarter ended June 2017 as against Rs 27.94 crore during the previous quarter ended June 2016. Sales rose 16.84% to Rs 421.21 crore in the quarter ended June 2017 as against Rs 360.51 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales421.21360.51 17 OPM %21.6520.78 - PBDT85.0365.49 30 PBT62.0140.13 55 NP43.3327.94 55

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Vinati Organics proposes buyback of shares
Aug 08,2017

Vinati Organics proposes to buyback shares of the Company. The Board of Directors of the Company will consider the proposal on 11 August 2017.

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Ujaas Energy receives two orders
Aug 08,2017

Ujaas Energy has received two orders from Jharkhand Renewable Energy Development Agency as under -

Work order for installation and commissioning of Grid Connected Rooftop SPV Power Plants for an approx. capacity of 3.5 MW on turnkey basis for individual, commercial and industrial electricity consumers in the state of Jharkhand.

Work order for installation and commissioning of Grid Connected Rooftop SPV Power Plants for an approx. capacity of 5 MW on turnkey basis on Government buildings in the state of Jharkhand.

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Board of Valson Industries appoints director and CEO
Aug 08,2017

Valson Industries announced that the Board of Directors of the Company at its meeting held on 05 August 2017 has appointed Radhika V. Shah as Independent Director of the Company w.e.f. 05 August, 2017.

Further the Company at its 33rd Annual General Meeting has regularized the appointment of Kunal S. Mutreja as Director and also appointed him as Director-CEO of the Company.

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Axis Bank reduces interest rates on saving account balances
Aug 08,2017

Axis Bank has revised the interest rate downward on Savings Account balance by 50 bps to 3.50 per cent per annum on balance of up to Rs. 50 lakhs. The Bank will continue to offer 4.00 per cent interest per annum on Savings Account balance of Rs. 50 lakhs and above.

The new interest rates will be effective from 8 August, 2017.

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Vijaya Bank announces change in directorate
Aug 08,2017

Vijaya Bank announced the appointment of Rajan Dogra and Raghvender Gupta as Directors of the Bank consequent to Election of Shareholder Directors.

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Central Bank of India gets downgrade in rating for Upper Tier II Bonds
Aug 08,2017

Central Bank of India announced that ICRA has downgraded the rating on Upper Tier II Bonds from ICRA A; Negative to ICRA A-; Negative.

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GTL Infrastructure proposes to issue FCCBs
Aug 08,2017

GTL Infrastructure has proposed exchange of existing Interest Bearing Convertible Bonds due 2017 with freshly issued FCCBs. The proposed exchange of bonds has received the approval of the lenders of the Company as part of strategic debt restructuring scheme. The proposed exchange of bonds is subject to receipt of further statutory approvals. Upon completion of the aforesaid process, the unsecured debt held through optionally convertible bonds will stand reduced from Rs 1441.69 crore as on 31 March 2017 to approx. Rs 655 crore.

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Thomas Cook (India) launches Romantic Gateways group tours
Aug 08,2017

Thomas Cook (India) has recently launched a unique group tours portfolio, Romantic Getaways, to tap into Middle Indias high growth honeymoon travel segment.

Thomas Cooks unique product line of Honeymoon Group Tours-Romantic Getaways- exclusively for couples. The tours have been designed to delight honeymooners with a relaxed/easy paced itinerary (starting late morning and ending by early evening) ensuring couples timetogether-away from the group, must-see attractions, special value-adds like candle-light dinners, a couple spa, wine and chocolates, stretch-limousine transfers, etc.

Thomas Cooks Romantic Getaways feature Indias favourite romantic destinations: Singapore with a Cruise, France & Switzerland, New Zealand, Bali and Mauritius with Dubai.

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