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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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Priyadarshini will hold a meeting of the Board of Directors of the Company on 12 November 2016, to consider and approve the unaudited Financial Results of the Company for the Quarter ended 30 September 2016.

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ABans Enterprises to hold board meeting
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Rubfila International will hold a meeting of the Board of Directors of the Company on 11 November 2016, to approve the Un-audited Financial Statement for the Quarter ended 30 September 2016

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Balasore Alloys will hold a meeting of the Board of Directors of the Company on 3 November 2016, to allot 2,30,00,000 (Two Crores Thirty Lacs) Convertible Warrants of Rs. 5/- each at price of Rs. 21.50/- including a premium of Rs. 16.50/- per Warrants to the following Promoter Group entities / Persons Acting in Concert (n++PACn++) on Preferential basis

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Paragon Finance to hold board meeting
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Paragon Finance will hold a meeting of the Board of Directors of the Company on 14 November 2016, to approve the Unaudited Financial Results for the quarter ended 30 September 2016

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Virinchi will hold a meeting of the Board of Directors of the Company on 12 November 2016, to consider the Unaudited Standalone and Consolidated Financial Results for quarter ended 30 September 2016

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Apis India will hold a meeting of the Board of Directors of the Company on 12 November 2016, to consider and approve the Unaudited Financial Results for the Quarter and the half Year ended on 30 September 2016

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Cantabil Retail India will hold a meeting of the Board of Directors of the Company on 12 November 2016, to consider an Un-Audited Financial Results of the Company for the quarter ended on 30 September 2016.

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