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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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Alkyl Amines Chemicals standalone net profit rises 42.77% in the December 2016 quarter
Feb 01,2017

Net profit of Alkyl Amines Chemicals rose 42.77% to Rs 16.89 crore in the quarter ended December 2016 as against Rs 11.83 crore during the previous quarter ended December 2015. Sales rose 21.27% to Rs 132.49 crore in the quarter ended December 2016 as against Rs 109.25 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales132.49109.25 21 OPM %22.4219.28 - PBDT28.4719.24 48 PBT25.0215.90 57 NP16.8911.83 43

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Switching Technologies Gunther reports standalone net loss of Rs 0.32 crore in the December 2016 quarter
Feb 01,2017

Net Loss of Switching Technologies Gunther reported to Rs 0.32 crore in the quarter ended December 2016 as against net loss of Rs 0.26 crore during the previous quarter ended December 2015. Sales rose 24.18% to Rs 3.80 crore in the quarter ended December 2016 as against Rs 3.06 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales3.803.06 24 OPM %-7.37-7.52 - PBDT-0.28-0.22 -27 PBT-0.32-0.26 -23 NP-0.32-0.26 -23

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Cupid standalone net profit rises 53.22% in the December 2016 quarter
Feb 01,2017

Net profit of Cupid rose 53.22% to Rs 6.42 crore in the quarter ended December 2016 as against Rs 4.19 crore during the previous quarter ended December 2015. Sales rose 77.26% to Rs 27.67 crore in the quarter ended December 2016 as against Rs 15.61 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales27.6715.61 77 OPM %36.8638.95 - PBDT10.896.50 68 PBT10.376.01 73 NP6.424.19 53

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Voith Paper Fabrics India standalone net profit rises 4.45% in the December 2016 quarter
Feb 01,2017

Net profit of Voith Paper Fabrics India rose 4.45% to Rs 4.46 crore in the quarter ended December 2016 as against Rs 4.27 crore during the previous quarter ended December 2015. Sales rose 5.36% to Rs 19.85 crore in the quarter ended December 2016 as against Rs 18.84 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales19.8518.84 5 OPM %32.2928.40 - PBDT8.417.26 16 PBT6.915.91 17 NP4.464.27 4

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Housing finance stocks race ahead on impetus to affordable housing
Feb 01,2017

Gruh Finance (up 3.38%), HDFC (up 3.34%), Can Fin Homes (up 2.57%), Dewan Housing Finance (up 2.44%), LIC Housing Finance (up 1.71%) and Indiabulls Housing Finance (up 1.28%) edged higher.

Meanwhile, the S&P BSE Sensex was up 377.44 points or 1.36% at 28,033.40.

The finance minister proposed to facilitate higher investment in affordable housing. Jaitley brought affordable housing under infrastructure sector, extending benefits to the people investing in building low-cost homes.

In his budget proposals last year, Jaitely had announced a scheme for profit-linked income tax exemption for promoters of affordable housing scheme which has received a very good response. However, in order to make this scheme more attractive, he proposed certain changes in the scheme. First of all, instead of built up area of 30 and 60 sq.mtr., the carpet area of 30 and 60 sq.mtr will be counted. Also the 30 sq.mtr limit will apply only in case of municipal limits of 4 metropolitan cities while for the rest of the country including in the peripheral areas of metros, limit of 60 sq.mtr will apply. In order to be eligible, the scheme was to be completed in 3 years after commencement. Jaitey now proposed to extend this period to 5 years.

At present, the houses which are unoccupied after getting completion certificates are subjected to tax on notional rental income. For builders for whom constructed buildings are stock-in-trade, Jaitley proposed to apply this rule only after one year of the end of the year in which completion certificate is received so that they get some breathing time for liquidating their inventory.

Housing finance companies have been under severe stress in line with many other sectors post the governments surprise announcement of banning higher denomination bank notes.

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Career Point consolidated net profit declines 14.99% in the December 2016 quarter
Feb 01,2017

Net profit of Career Point declined 14.99% to Rs 5.33 crore in the quarter ended December 2016 as against Rs 6.27 crore during the previous quarter ended December 2015. Sales rose 16.89% to Rs 23.12 crore in the quarter ended December 2016 as against Rs 19.78 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales23.1219.78 17 OPM %46.9735.34 - PBDT11.599.94 17 PBT10.068.63 17 NP5.336.27 -15

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Career Point consolidated net profit declines 14.99% in the December 2016 quarter
Feb 01,2017

Net profit of Career Point declined 14.99% to Rs 5.33 crore in the quarter ended December 2016 as against Rs 6.27 crore during the previous quarter ended December 2015. Sales rose 16.89% to Rs 23.12 crore in the quarter ended December 2016 as against Rs 19.78 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales23.1219.78 17 OPM %46.9735.34 - PBDT11.599.94 17 PBT10.068.63 17 NP5.336.27 -15

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Bombay Potteries & Tiles reports standalone net loss of Rs 0.01 crore in the December 2016 quarter
Feb 01,2017

Net Loss of Bombay Potteries & Tiles reported to Rs 0.01 crore in the quarter ended December 2016 as against net loss of Rs 0.01 crore during the previous quarter ended December 2015. There were no Sales reported in the quarter ended December 2016 and during the previous quarter ended December 2015.

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TCI Developers reports standalone net loss of Rs 0.19 crore in the December 2016 quarter
Feb 01,2017

Net Loss of TCI Developers reported to Rs 0.19 crore in the quarter ended December 2016 as against net loss of Rs 0.25 crore during the previous quarter ended December 2015. Sales rose 4.55% to Rs 0.46 crore in the quarter ended December 2016 as against Rs 0.44 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0.460.44 5 OPM %-56.52-77.27 - PBDT-0.17-0.34 50 PBT-0.24-0.37 35 NP-0.19-0.25 24

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Bengal & Assam Company standalone net profit rises 2518.18% in the December 2016 quarter
Feb 01,2017

Net profit of Bengal & Assam Company rose 2518.18% to Rs 5.76 crore in the quarter ended December 2016 as against Rs 0.22 crore during the previous quarter ended December 2015. Sales rose 75.37% to Rs 9.54 crore in the quarter ended December 2016 as against Rs 5.44 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales9.545.44 75 OPM %91.8285.11 - PBDT4.780.66 624 PBT4.700.59 697 NP5.760.22 2518

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Shoppers Stop standalone net profit declines 15.32% in the December 2016 quarter
Feb 01,2017

Net profit of Shoppers Stop declined 15.32% to Rs 19.01 crore in the quarter ended December 2016 as against Rs 22.45 crore during the previous quarter ended December 2015. Sales rose 13.56% to Rs 996.45 crore in the quarter ended December 2016 as against Rs 877.47 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales996.45877.47 14 OPM %6.867.66 - PBDT62.1059.51 4 PBT32.8238.41 -15 NP19.0122.45 -15

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Sam Industries standalone net profit rises 450.00% in the December 2016 quarter
Feb 01,2017

Net profit of Sam Industries rose 450.00% to Rs 0.66 crore in the quarter ended December 2016 as against Rs 0.12 crore during the previous quarter ended December 2015. Sales rose 56.79% to Rs 2.54 crore in the quarter ended December 2016 as against Rs 1.62 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales2.541.62 57 OPM %40.164.32 - PBDT1.200.32 275 PBT1.020.15 580 NP0.660.12 450

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Martin Burn standalone net profit rises 3000.00% in the December 2016 quarter
Feb 01,2017

Net profit of Martin Burn rose 3000.00% to Rs 0.31 crore in the quarter ended December 2016 as against Rs 0.01 crore during the previous quarter ended December 2015. Sales reported to Rs 0.29 crore in the quarter ended December 2016. There were no Sales reported during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0.290 0 OPM %-106.900 - PBDT0.370.06 517 PBT0.310.01 3000 NP0.310.01 3000

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Tinna Rubber & Infrastructure reports standalone net loss of Rs 3.65 crore in the December 2016 quarter
Feb 01,2017

Net Loss of Tinna Rubber & Infrastructure reported to Rs 3.65 crore in the quarter ended December 2016 as against net loss of Rs 0.12 crore during the previous quarter ended December 2015. Sales declined 33.99% to Rs 17.09 crore in the quarter ended December 2016 as against Rs 25.89 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales17.0925.89 -34 OPM %-3.6915.30 - PBDT-3.471.94 PL PBT-5.230.12 PL NP-3.65-0.12 -2942

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Natural Capsules standalone net profit declines 18.46% in the December 2016 quarter
Feb 01,2017

Net profit of Natural Capsules declined 18.46% to Rs 0.53 crore in the quarter ended December 2016 as against Rs 0.65 crore during the previous quarter ended December 2015. Sales rose 0.57% to Rs 14.05 crore in the quarter ended December 2016 as against Rs 13.97 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales14.0513.97 1 OPM %11.0311.02 - PBDT1.701.94 -12 PBT0.640.87 -26 NP0.530.65 -18

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