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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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Kesoram Industries reports standalone net loss of Rs 74.51 crore in the March 2017 quarter
Apr 29,2017

Net loss of Kesoram Industries reported to Rs 74.51 crore in the quarter ended March 2017 as against net profit of Rs 720.33 crore during the previous quarter ended March 2016. Sales declined 8.52% to Rs 969.52 crore in the quarter ended March 2017 as against Rs 1059.82 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 124.13 crore in the year ended March 2017 as against net profit of Rs 137.12 crore during the previous year ended March 2016. Sales declined 8.41% to Rs 3744.78 crore in the year ended March 2017 as against Rs 4088.51 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales969.521059.82 -9 3744.784088.51 -8 OPM %-3.58-25.59 --0.24-6.91 - PBDT-39.56-8.40 -371 -134.18-495.92 73 PBT-64.67-35.02 -85 -243.15-618.23 61 NP-74.51720.33 PL -124.13137.12 PL

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Ambuja Cements standalone net profit rises 360.74% in the March 2017 quarter
Apr 29,2017

Net profit of Ambuja Cements rose 360.74% to Rs 246.54 crore in the quarter ended March 2017 as against Rs 53.51 crore during the previous quarter ended March 2016. Sales rose 5.30% to Rs 2533.42 crore in the quarter ended March 2017 as against Rs 2405.97 crore during the previous quarter ended March 2016.

ParticularsQuarter Endedn++Mar. 2017Mar. 2016% Var. Sales2533.422405.97 5 OPM %15.5618.78 - PBDT458.33558.06 -18 PBT312.35175.10 78 NP246.5453.51 361

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Diamines & Chemicals standalone net profit rises 155.93% in the March 2017 quarter
Apr 29,2017

Net profit of Diamines & Chemicals rose 155.93% to Rs 1.51 crore in the quarter ended March 2017 as against Rs 0.59 crore during the previous quarter ended March 2016. Sales declined 3.43% to Rs 9.56 crore in the quarter ended March 2017 as against Rs 9.90 crore during the previous quarter ended March 2016.

For the full year,net profit rose 1612.00% to Rs 4.28 crore in the year ended March 2017 as against Rs 0.25 crore during the previous year ended March 2016. Sales declined 2.06% to Rs 34.77 crore in the year ended March 2017 as against Rs 35.50 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales9.569.90 -3 34.7735.50 -2 OPM %28.7716.06 -26.8012.56 - PBDT2.491.01 147 7.642.07 269 PBT2.110.53 298 5.790.08 7138 NP1.510.59 156 4.280.25 1612

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Vardhman Special Steels appoints MD and Vice Chairman
Apr 28,2017

Vardhman Special Steels has appointed Sachit Jain as MD and Vice Chairman of the Company with effect from 28 April 2017.

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Suyog Telematics recognised as Top 100 SMEs of India
Apr 28,2017

Suyog Telematics recognized as one of the Top 100 SMEs of India by the India SME Forum in Axis Bank presented India SME 100 Awards for the year 2015-2016.

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Aurobindo Pharma acquires Portuguese pharma company - Generis Farmaceutica S.A.
Apr 28,2017

Aurobindo Pharma has completed the acquisition of Generis Farmaceutica S.A., a Portuguese Pharmaceutical Company engaged in manufacture and marketing of pharmaceutical products in Portugal on 28 April 2017.

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Salem Erode Investments announces resignation of director
Apr 28,2017

Salem Erode Investments announced the resignation of Vishal Gupta, as Director of the Company.

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Andhra Bank announces change in directorate
Apr 28,2017

Andhra Bank announced that the Central Government, vide its Order dated 28 April, 2017 nominated Anjana Dube, Deputy Director General, Department of Financial Services as Government Nominee Director on the Board of the Bank with immediate effect and until further orders, in place of Anandrao Vishnu Patil. In view of the same, Anandrao Vishnu Patil ceased to be Director on the Board of the Bank with immediate effect

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Wipro recognised as Leader for Big Data & Analytics 2017
Apr 28,2017

Wipro has been positioned as a Leader in the NelsonHall Vendor Evaluation and Assessment Tool report for Big Data & Analytics 2017.

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Board of Punjab National Bank approves capital raising under Tier I & Tier II
Apr 28,2017

The Board of Directors of Punjab National Bank at its meeting held on 28 April 2017 has granted permission to raise Basel III Compliant Debt instrument - Perpetual Additional Tier I Capital bonds to the extent of Rs. 3000 crore and Tier - II bonds up to Rs. 3000 cror, subject to availability of headroom in one or more tranches.

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Thermax wins contracts valued at $157 million
Apr 28,2017

Thermax has won export contracts from a leading African conglomerate to supply 4 utility boilers, 8 heat recovery steam generators and 2 flue gas stem generators for its refinery and petrochemical project coming up in Nigerai. The order, won against global competition, is valued at approximately $157 million.

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Punjab & Sind Bank gets ratings assigned for proposed AT-I bond issue
Apr 28,2017

Punjab & Sind Bank announced that the proposed Basel III AT-1 Bonds upto Rs.1,000 crore have been rated as A+(Stable) by CARE and A+ (hyb) (Stable) by ICRA.

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Mahindra & Mahindra gets reaffirmation in credit ratings
Apr 28,2017

Mahindra & Mahindra announced that CARE has reaffirmed credit ratings for the Companys bank facilities as under -

Long term bank facilities (Rs 184 crore) - CARE AAA; Stable
Short term bank facilities (Rs 66 crore) - CARE A1

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Zee Learn allots 25,067 equity shares
Apr 28,2017

Zee Learn has allotted 25,067 equity shares under ESOP scheme. Consequently, the paid up share capital of the Company has increased to 323,485,054 equity shares of Re 1 each.

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Uni Abex Alloy Products accorded with One Star Export House status
Apr 28,2017

Uni Abex Alloy Products has been accorded One Star Export House status certificate by the Govt. of India, Ministry of Commerce & Industry - Directorate General of Foreign Trade.

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