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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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Outcome of board meeting of Lime Chemicals
May 30,2017

Lime Chemicals announced that the Board of Directors of the Company at its meeting held on 30 May 2017 approved the following -

The Company was registered under the provisions of Sick Industrial Companies Act with Board of Industrial & Financial Reconstruction. The said Act was repealed with effect from 01 December 2016 and the Company has the option to apply to National Company Law Tribunal within 180 days from the repeal of SICA. The Board resolved not to apply to NCLT.

The Board approved the issue of 8 lakh equity shares and 24.25 lakh convertible warrants to promoters and non promoters in order to meet the working capital requirements and debt repayment.

Resolved to shift registered office to the corporate office situated at Neco Chambers, 4th floor, Rajiv Gandhi Road, Sector-11, Plot No. 48, C B D Belapur, Navi Mumbai.

Appointment of Firoj Ladhani as CFO with effect from 30 May 2017.

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Outcome of board meeting of Virtual Global Education
May 30,2017

Virtual Global Education announced that the Board of Directors of the Company at its meeting held on 30 May 2017 transacted the following -

Accepted resignation of Dr Rahul Mishra from post of Non Executive Independent Director of the Company.

Approved franchisee agreement between Virtual Global Education and Vishal Institute of Hotel & Tourism Industry, India.

Reviewed various business plans in difference states and business plan for the year 2017-18.

Appointment of Amit Srivastav as Global CEO of the Company.

Reviewed the PR agency activities for scaling up the business.

Launched Virtual Rozgar App for online skilling and employability.

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Venlon Enterprises appoints director
May 30,2017

Venlon Enterprises has appointed K V Chitalia as an Additional Director with effect from 30 May 2017.

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Production of horticulture crops in the country during 2016-17 is estimated to be more than 295 million tonnes
May 30,2017

The Department of Agriculture, Cooperation and Farmers Welfare has released the Second Advance Estimates of Area and Production of Horticulture Crops for 2016-17. These estimates are based on the information received from different State/UTs in the country.

                        The following table summarizes the Second Advance Estimates of area and Production of horticulture crops for the year 2016-17 along with First Advance Estimates for      2016-17 and Final Estimates for 2015-16:

(Area in G000 Ha, Production in G000MT)

Total Horticulture2016-17

(Second Advance Estimate)

2016-17 (First Advance Estimate)2015-16 (Final)% change of 2016-17 (Second Adv.  Est.) with respect to:2016-17

(First Adv. Est.)

2015-16

(Final Est.)

Area2492524369244722.31.9Production2951642873232861882.73.1

Highlights of the Second Advance Estimates for 2016-17: The production of horticulture crops in the country during 2016-17 is estimated to be more than 295 million tonnes which is 3.2 % higher as compared to the previous years 2015-16 estimates.The area under horticulture crops has increased from 245 lakh ha to 249 lakh ha in 2016-17 recording an increase of 1.9% over previous year.Fruits production during the current year is estimated to be 93 million tonnes which is 2.9% higher than the previous year.Production of vegetables is estimated to be around 175 million tonnes which is 3.5% higher than the previous year.With 21.6 million tonnes estimated onion production in the country, there is an increase of 3% over the previous year. The major onion producing States are Maharashtra, Karnataka, Madhya Pradesh, Bihar and Gujarat. Potato production in the country has increased from 43.4 million tonnes to 46.5 million tonnes in the current year which is 7.2% higher than the previous year. Major Potato growing States are Uttar Pradesh, West Bengal, Bihar, Gujarat, Madhya Pradesh and Punjab. During the current year tomato production is estimated to be around 19.7 million tonnes which is 5.1% higher than the previous year. The major tomato growing States are Madhya Pradesh, Andhra Pradesh, Karnataka, Odisha and Gujarat etc. Production of flowers is estimated to be around 2.2 million tonnes which is 2.9% higher than the previous year.Production of Aromatics & MedicinalPlants is estimated to be around 1.03 million tonnes which is marginally higher by 0.8% than the previous year.During the current year the production of Plantation crops is estimated to be around 17 million tonnes which is 1.3% higher than the previous year.Production of spices is estimated to be around 7.1 million tonnes which is 1.3% higher than the previous year.

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Maximaa Systems reports consolidated net loss of Rs 0.15 crore in the March 2017 quarter
May 30,2017

Net loss of Maximaa Systems reported to Rs 0.15 crore in the quarter ended March 2017 as against net profit of Rs 0.18 crore during the previous quarter ended March 2016. Sales declined 69.69% to Rs 2.84 crore in the quarter ended March 2017 as against Rs 9.37 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 2.21 crore in the year ended March 2017 as against net profit of Rs 0.03 crore during the previous year ended March 2016. Sales declined 32.66% to Rs 13.09 crore in the year ended March 2017 as against Rs 19.44 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales2.849.37 -70 13.0919.44 -33 OPM %-0.35-14.30 --10.92-4.01 - PBDT-0.030.36 PL -1.500.14 PL PBT-0.150.17 PL -2.21-0.68 -225 NP-0.150.18 PL -2.210.03 PL

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Austin Engineering Company reports consolidated net profit of Rs 0.09 crore in the March 2017 quarter
May 30,2017

Net profit of Austin Engineering Company reported to Rs 0.09 crore in the quarter ended March 2017 as against net loss of Rs 0.38 crore during the previous quarter ended March 2016. Sales rose 10.32% to Rs 18.82 crore in the quarter ended March 2017 as against Rs 17.06 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 3.00 crore in the year ended March 2017 as against net loss of Rs 1.58 crore during the previous year ended March 2016. Sales rose 0.83% to Rs 71.50 crore in the year ended March 2017 as against Rs 70.91 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales18.8217.06 10 71.5070.91 1 OPM %2.66-5.69 --2.29-1.62 - PBDT0.29-0.32 LP -2.16-0.59 -266 PBT-0.01-0.63 98 -3.32-1.90 -75 NP0.09-0.38 LP -3.00-1.58 -90

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Berger Paints India consolidated net profit rises 14.67% in the March 2017 quarter
May 30,2017

Net profit of Berger Paints India rose 14.67% to Rs 105.50 crore in the quarter ended March 2017 as against Rs 92.00 crore during the previous quarter ended March 2016. Sales rose 8.21% to Rs 1112.90 crore in the quarter ended March 2017 as against Rs 1028.46 crore during the previous quarter ended March 2016.

For the full year,net profit rose 27.82% to Rs 473.66 crore in the year ended March 2017 as against Rs 370.56 crore during the previous year ended March 2016. Sales rose 7.79% to Rs 4552.25 crore in the year ended March 2017 as against Rs 4223.10 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales1112.901028.46 8 4552.254223.10 8 OPM %14.4815.14 -15.7815.27 - PBDT177.64163.74 8 766.93657.83 17 PBT150.11139.36 8 658.88559.18 18 NP105.5092.00 15 473.66370.56 28

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Mandhana Retail Ventures reports standalone net loss of Rs 6.45 crore in the March 2017 quarter
May 30,2017

Net loss of Mandhana Retail Ventures reported to Rs 6.45 crore in the quarter ended March 2017 as against net profit of Rs 4.20 crore during the previous quarter ended March 2016. Sales declined 36.15% to Rs 35.75 crore in the quarter ended March 2017 as against Rs 55.99 crore during the previous quarter ended March 2016.

For the full year,net profit declined 6.54% to Rs 20.02 crore in the year ended March 2017 as against Rs 21.42 crore during the previous year ended March 2016. Sales rose 0.19% to Rs 216.18 crore in the year ended March 2017 as against Rs 215.76 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales35.7555.99 -36 216.18215.76 0 OPM %-13.1214.29 -18.1018.06 - PBDT-7.647.26 PL 35.4635.76 -1 PBT-8.426.44 PL 32.0632.77 -2 NP-6.454.20 PL 20.0221.42 -7

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WABCO India standalone net profit declines 10.73% in the March 2017 quarter
May 30,2017

Net profit of WABCO India declined 10.73% to Rs 49.58 crore in the quarter ended March 2017 as against Rs 55.54 crore during the previous quarter ended March 2016. Sales rose 2.27% to Rs 551.39 crore in the quarter ended March 2017 as against Rs 539.15 crore during the previous quarter ended March 2016.

For the full year,net profit rose 4.97% to Rs 213.48 crore in the year ended March 2017 as against Rs 203.37 crore during the previous year ended March 2016. Sales rose 12.70% to Rs 1959.89 crore in the year ended March 2017 as against Rs 1739.11 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales551.39539.15 2 1959.891739.11 13 OPM %14.0713.65 -16.6516.48 - PBDT88.0089.00 -1 362.08326.54 11 PBT72.7574.34 -2 300.45270.34 11 NP49.5855.54 -11 213.48203.37 5

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Magnum Ventures reports standalone net profit of Rs 142.31 crore in the March 2017 quarter
May 30,2017

Net profit of Magnum Ventures reported to Rs 142.31 crore in the quarter ended March 2017 as against net loss of Rs 37.19 crore during the previous quarter ended March 2016. Sales declined 9.75% to Rs 54.60 crore in the quarter ended March 2017 as against Rs 60.50 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 103.15 crore in the year ended March 2017 as against net loss of Rs 91.66 crore during the previous year ended March 2016. Sales declined 6.96% to Rs 212.20 crore in the year ended March 2017 as against Rs 228.08 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales54.6060.50 -10 212.20228.08 -7 OPM %-14.0819.93 --1.05-7.45 - PBDT18.50-7.34 LP -2.47-70.26 96 PBT12.81-13.33 LP -26.34-94.50 72 NP142.31-37.19 LP 103.15-91.66 LP

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Adhbhut Infrastructure reports standalone net loss of Rs 0.43 crore in the March 2017 quarter
May 30,2017

Net loss of Adhbhut Infrastructure reported to Rs 0.43 crore in the quarter ended March 2017 as against net profit of Rs 0.19 crore during the previous quarter ended March 2016. Sales declined 78.57% to Rs 0.06 crore in the quarter ended March 2017 as against Rs 0.28 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 0.26 crore in the year ended March 2017 as against net loss of Rs 0.33 crore during the previous year ended March 2016. Sales declined 60.24% to Rs 0.33 crore in the year ended March 2017 as against Rs 0.83 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales0.060.28 -79 0.330.83 -60 OPM %-716.6782.14 --72.73115.66 - PBDT-0.430.23 PL -0.240.96 PL PBT-0.430.23 PL -0.240.96 PL NP-0.430.19 PL -0.26-0.33 21

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Jaiprakash Associates reports standalone net loss of Rs 1882.40 crore in the March 2017 quarter
May 30,2017

Net Loss of Jaiprakash Associates reported to Rs 1882.40 crore in the quarter ended March 2017 as against net loss of Rs 1387.30 crore during the previous quarter ended March 2016. Sales declined 9.16% to Rs 1720.45 crore in the quarter ended March 2017 as against Rs 1893.94 crore during the previous quarter ended March 2016.

ParticularsQuarter Endedn++Mar. 2017Mar. 2016% Var. Sales1720.451893.94 -9 OPM %-9.680.92 - PBDT-1002.11-820.15 -22 PBT-1212.19-1065.62 -14 NP-1882.40-1387.30 -36

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LCC Infotech reports standalone net loss of Rs 0.02 crore in the March 2017 quarter
May 30,2017

Net Loss of LCC Infotech reported to Rs 0.02 crore in the quarter ended March 2017 as against net loss of Rs 0.01 crore during the previous quarter ended March 2016. Sales rose 5.86% to Rs 2.35 crore in the quarter ended March 2017 as against Rs 2.22 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 0.09 crore in the year ended March 2017 as against net loss of Rs 0.13 crore during the previous year ended March 2016. Sales rose 1.23% to Rs 10.73 crore in the year ended March 2017 as against Rs 10.60 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales2.352.22 6 10.7310.60 1 OPM %0.431.80 --0.090.19 - PBDT0.010.03 -67 0.020.01 100 PBT-0.02-0.01 -100 -0.09-0.13 31 NP-0.02-0.01 -100 -0.09-0.13 31

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Kashyap Tele-Medicines reports standalone nil net profit/loss in the March 2017 quarter
May 30,2017

Kashyap Tele-Medicines reported no net profit/loss in the quarter ended March 2017 and during the previous quarter ended March 2016. Sales rose 33.33% to Rs 0.04 crore in the quarter ended March 2017 as against Rs 0.03 crore during the previous quarter ended March 2016.

For the full year,net profit rose 100.00% to Rs 0.04 crore in the year ended March 2017 as against Rs 0.02 crore during the previous year ended March 2016. Sales rose 15.38% to Rs 0.15 crore in the year ended March 2017 as against Rs 0.13 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales0.040.03 33 0.150.13 15 OPM %25.0033.33 -33.3323.08 - PBDT0.010.01 0 0.050.03 67 PBT0.010.01 0 0.050.03 67 NP00 0 0.040.02 100

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Ahluwalia Contracts (India) standalone net profit declines 23.81% in the March 2017 quarter
May 30,2017

Net profit of Ahluwalia Contracts (India) declined 23.81% to Rs 20.35 crore in the quarter ended March 2017 as against Rs 26.71 crore during the previous quarter ended March 2016. Sales rose 22.97% to Rs 471.84 crore in the quarter ended March 2017 as against Rs 383.69 crore during the previous quarter ended March 2016.

For the full year,net profit rose 1.88% to Rs 86.00 crore in the year ended March 2017 as against Rs 84.41 crore during the previous year ended March 2016. Sales rose 14.16% to Rs 1426.52 crore in the year ended March 2017 as against Rs 1249.58 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales471.84383.69 23 1426.521249.58 14 OPM %9.1313.91 -12.1312.87 - PBDT37.9045.80 -17 154.72139.21 11 PBT31.2340.56 -23 130.59119.15 10 NP20.3526.71 -24 86.0084.41 2

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