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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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Alok Industries approves change in directorate
Feb 14,2017

Alok Industries announced Kamalkishore Jani, Independent Director of the Company has tendered his resignation effective from 08 January 2017 due to personal reasons.

Further, the Company has appointed Keshav D. Hodavdekar, as an Additional Independent Director effective from 09 February 2017 through resolutions passed by circulation by the Board of Directors.

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Board of Ram Minerals and Chemicals approves bonus issue of 4:1
Feb 14,2017

Ram Minerals and Chemicals announced that the Board of Directors in their meeting held on 14 February 2017, inter alia, took the following decision(s):

- The Chairman continues with earlier agenda of the meeting that is to discuss and consider the issue of Bonus Shares to the shareholders of the Company. The Board decided to come out with a bonus issue of 4:1 to the existing shareholders of the Company; however the notice for the required general meeting of shareholders will be issued later on.

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Rupee sighs relief
Feb 14,2017

Rupee closed higher at 66.8650/8750 per dollar on Tuesday (14 February 2017), versus its previous close of 67.0150/0250 per dollar.

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Pandit Deendayal Upadhyay Unnat Krishi Shiksha Scheme launched in the year 2016 to promote agricultural education
Feb 14,2017

The Union Minister of Agriculture and Farmers Welfare, Shri Radha Mohan Singh said that all courses upto Agricultural Graduate are being linked with employment and are being made profession oriented. This will be a big help for the students in earning their livelihood. Shri Radha Mohan Singh said that from last year, 5th Dean Report has been implemented in all the Agricultural Universities of the country and will be enforced from the academic session of 2016-17. Agriculture Minister gave this statement today in the Annual Vice Chancellors and Directors Meeting being organised in New Delhi. On this occasion, State Agriculture and Farmer Welfare Minister Shri Parshottam Rupala, Secretary, Department of Agriculture Research and Education & DG ICAR, Dr. Trilochan Mohapatra and all Vice Chancellors of the Agricultural Universities were present.

Shri Singh said that youth are the strength of this nation and it is imperative for the overall development of agriculture that these youth are attracted towards this sector. Therefore, Agricultural Universities and Research Institutes play a very important role. ICAR has launched Student Ready scheme in this direction. In this scheme, from the year 2016-17, scholarship to the students has been increased from Rs. 1000 to Rs. 3000. Beside this, another scheme ARYA is also being implemented successfully. Pandit Deendayal Upadhyay Unnat Krishi Shiksha Scheme was launched in the year 2016 to promote agricultural education under which 100 centres are being opened with a fund of Rs.5.35 crore.

Shri Singh also informed that with the opening of new Universities and Colleges, many initiatives are being taken to promote agriculture education such as Rajendra Agricultural University, Pusa, Bihar has been upgraded to Rajendra Central Agricultural University, Pusa, Bihar and 4 new colleges have been opened under this University. One National Research Centre has been established on Integrated Agricultural System in Motihari, six new colleges have been opened in CAU, Imphal and with this, the number of colleges has been increased to 13. Four new colleges have been opened in Rani Laxmibai Central Agricultural University, Jhansi, Bundelkhand, out of which 2 are in Uttar Pradesh and 2 Colleges are in Madhya Pradesh.

Shri Singh said that IARI-Jharkhand has been established and students of the state are studying in various courses. To promote agriculture education in the north-east states of the country, land for IARI has been identified in Assam. An amount of Rs. 122.5 cr. each has been released for Acharya NG Ranga Agriculture University in Andhra Pradesh & SKTLSHU in Telengana. Agriculture Minister said that in the arena of International Co-operation, our relations with foreign Govts., foreign Universities, and International Bodies have been strengthened. A MoU has been signed for Establishing a BRICS Agriculture Platform (a Virtual Network). Agriculture Ministry of Afghanistan is providing assistance for establishing of Afghan National Science and Technology University (ANASTU) in Afghanistan. It is also providing assistance to establish Advance Centre for Agriculture Research and Education in Mayanmar. Similar cooperation is also being provided in the African Continent.

Shri Singh was very hopeful that with this Conference, PSP, viz. productivity, sustainability and profitability will be improved. Shri Radha Mohan Singh also said that it is necessary to take forward Lab to Land Programme and for this KVKs have a major role to play. Shri Singh said that to achieve the Govts target of doubling the income of farmers, all the institutes of ICAR should emphasise on developing economically feasible models. It is necessary for the Institutes to work pro-actively in the area of digitization. In the end, Agriculture Minister appealed to all the representatives present in the Conference to work in synergy for research and education and contribute fully in building a viable nation.

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Meenakshi Enterprises reports standalone net loss of Rs 2.13 crore in the December 2016 quarter
Feb 14,2017

Net loss of Meenakshi Enterprises reported to Rs 2.13 crore in the quarter ended December 2016 as against net profit of Rs 0.01 crore during the previous quarter ended December 2015. Sales rose 73.33% to Rs 0.52 crore in the quarter ended December 2016 as against Rs 0.30 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0.520.30 73 OPM %-409.623.33 - PBDT-2.130.01 PL PBT-2.130.01 PL NP-2.130.01 PL

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IMC Finance reports standalone net loss of Rs 0.01 crore in the December 2016 quarter
Feb 14,2017

Net loss of IMC Finance reported to Rs 0.01 crore in the quarter ended December 2016. There were no net profit/loss reported during the previous quarter ended December 2015. Sales remain constant at Rs 0.01 crore in the quarter ended December 2016 and also during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0.010.01 0 OPM %-100.000 - PBDT-0.010 0 PBT-0.010 0 NP-0.010 0

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Mauria Udyog standalone net profit rises 32.35% in the December 2016 quarter
Feb 14,2017

Net profit of Mauria Udyog rose 32.35% to Rs 3.60 crore in the quarter ended December 2016 as against Rs 2.72 crore during the previous quarter ended December 2015. Sales rose 8.87% to Rs 345.74 crore in the quarter ended December 2016 as against Rs 317.57 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales345.74317.57 9 OPM %4.543.10 - PBDT6.415.17 24 PBT5.023.72 35 NP3.602.72 32

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Grandeur Products reports standalone net profit of Rs 0.20 crore in the December 2016 quarter
Feb 14,2017

Net profit of Grandeur Products reported to Rs 0.20 crore in the quarter ended December 2016. There were no net profit/loss reported during the previous quarter ended December 2015. There were no Sales reported in the quarter ended December 2016 as against Rs 2.74 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales02.74 -100 OPM %00 - PBDT0.220 0 PBT0.220 0 NP0.200 0

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Sapan Chemicals reports standalone nil net profit/loss in the December 2016 quarter
Feb 14,2017

Sapan Chemicals reported no net profit/loss in the quarter ended December 2016 as against net profit of Rs 0.01 crore during the previous quarter ended December 2015. Sales declined 62.79% to Rs 0.16 crore in the quarter ended December 2016 as against Rs 0.43 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0.160.43 -63 OPM %02.33 - PBDT00.01 -100 PBT00.01 -100 NP00.01 -100

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Indra Industries reports standalone net loss of Rs 0.20 crore in the December 2016 quarter
Feb 14,2017

Net loss of Indra Industries reported to Rs 0.20 crore in the quarter ended December 2016 as against net profit of Rs 0.31 crore during the previous quarter ended December 2015. Sales declined 0.62% to Rs 7.99 crore in the quarter ended December 2016 as against Rs 8.04 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales7.998.04 -1 OPM %16.7715.17 - PBDT0.050.56 -91 PBT-0.200.31 PL NP-0.200.31 PL

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Jain Marmo Industries standalone net profit declines 80.00% in the December 2016 quarter
Feb 14,2017

Net profit of Jain Marmo Industries declined 80.00% to Rs 0.01 crore in the quarter ended December 2016 as against Rs 0.05 crore during the previous quarter ended December 2015. Sales declined 67.16% to Rs 0.66 crore in the quarter ended December 2016 as against Rs 2.01 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0.662.01 -67 OPM %19.708.96 - PBDT0.070.12 -42 PBT0.020.07 -71 NP0.010.05 -80

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Enbee Trade & Finance standalone net profit rises 300.00% in the December 2016 quarter
Feb 14,2017

Net profit of Enbee Trade & Finance rose 300.00% to Rs 0.04 crore in the quarter ended December 2016 as against Rs 0.01 crore during the previous quarter ended December 2015. Sales rose 118.18% to Rs 0.24 crore in the quarter ended December 2016 as against Rs 0.11 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0.240.11 118 OPM %25.0036.36 - PBDT0.060.04 50 PBT0.060.04 50 NP0.040.01 300

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Gemstone Investments standalone net profit declines 65.43% in the December 2016 quarter
Feb 14,2017

Net profit of Gemstone Investments declined 65.43% to Rs 0.28 crore in the quarter ended December 2016 as against Rs 0.81 crore during the previous quarter ended December 2015. Sales declined 45.16% to Rs 0.51 crore in the quarter ended December 2016 as against Rs 0.93 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0.510.93 -45 OPM %56.8688.17 - PBDT0.290.81 -64 PBT0.280.81 -65 NP0.280.81 -65

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Sturdy Industries reports standalone net loss of Rs 5.95 crore in the December 2016 quarter
Feb 14,2017

Net Loss of Sturdy Industries reported to Rs 5.95 crore in the quarter ended December 2016 as against net loss of Rs 6.54 crore during the previous quarter ended December 2015. Sales rose 19.50% to Rs 76.59 crore in the quarter ended December 2016 as against Rs 64.09 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales76.5964.09 20 OPM %4.07-0.28 - PBDT-3.91-4.39 11 PBT-5.95-6.54 9 NP-5.95-6.54 9

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MEP Infrastructure Developers reports consolidated net profit of Rs 0.95 crore in the December 2016 quarter
Feb 14,2017

Net profit of MEP Infrastructure Developers reported to Rs 0.95 crore in the quarter ended December 2016 as against net loss of Rs 9.56 crore during the previous quarter ended December 2015. Sales declined 27.48% to Rs 336.52 crore in the quarter ended December 2016 as against Rs 464.05 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales336.52464.05 -27 OPM %89.4783.50 - PBDT197.52246.59 -20 PBT4.56-11.28 LP NP0.95-9.56 LP

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