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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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Extension of the validity of Central Order regarding de-hoarding of sugar upto April 2017
Oct 28,2016

The Union Cabinet under the Chairmanship of Prime Minister Shri Narendra Modi has given its approval for extending the validity of the existing Central Order in respect of Sugar for a further period of six months from 29 October 2016 to 28 April 2017.

The main objective of the decision is to enable the State Governments to issue control order with the prior concurrence of Central Government, for fixing stock limits/licensing requirements in respect of sugar, whenever need is felt by them. This is expected to help in the efforts being taken to improve the availability of these commodities to general public at reasonable rates, and control the tendencies of hoarding and profiteering.

Background

The Cabinet in its meeting held on 27 April 2016, decided to enable the States to regulate supply, distribution, sale, production, stock, storage, purchase and movement etc. in respect of sugar for a period up to six months up to 28 October 2016. Accordingly, vide Notification No. GSR 1584(E) dated 29 April 2016, Department of Consumer Affairs issued the Removal of (Licensing requirements, Stock limits and Movement Restrictions) on specified Foodstuffs Amendment Order, 2016 for enabling the State Government to impose stock limits on sugar upto 28 October 2016. Subsequently, the said Order was merged with all the existing Orders in respect of essential commodities and a consolidated Order G.S.R. 929(E) dated 29th September 2016 was issued. It has been noticed that the average retail price of sugar has escalated in the recent past, in-spite of adequate availability of sugar stock with the mills. The price rise appears artificial as being mainly due to hoarding of sugar by traders/sugar dealers etc. Such situations in past were dealt with exercising the powers to regulate stock holding limits etc. for sugar. The validity of the current Order in respect of sugar is expiring on 28.10.2016 which caused the reason for further extension of the validity of Central Order GSR No. 929(E) dated 29 September 2016 in respect of sugar up to 28 April 2017.

The current decision will be notified by the Central Government and will be communicated to all the States/UTs. The States/UTs may exercise the powers and issue control orders with prior concurrence of the Central Government.

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Pricol standalone net profit rises 603.60% in the September 2016 quarter
Oct 28,2016

Net profit of Pricol rose 603.60% to Rs 19.56 crore in the quarter ended September 2016 as against Rs 2.78 crore during the previous quarter ended September 2015. Sales rose 37.19% to Rs 320.59 crore in the quarter ended September 2016 as against Rs 233.68 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales320.59233.68 37 OPM %12.266.30 - PBDT38.4613.59 183 PBT30.715.92 419 NP19.562.78 604

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Cholamandalam Investment & Finance Company standalone net profit rises 41.89% in the September 2016 quarter
Oct 28,2016

Net profit of Cholamandalam Investment & Finance Company rose 41.89% to Rs 170.94 crore in the quarter ended September 2016 as against Rs 120.47 crore during the previous quarter ended September 2015. Sales rose 14.00% to Rs 1155.76 crore in the quarter ended September 2016 as against Rs 1013.82 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales1155.761013.82 14 OPM %72.7968.96 - PBDT272.36188.13 45 PBT263.36183.15 44 NP170.94120.47 42

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Binny Mills standalone net profit declines 5.26% in the September 2016 quarter
Oct 28,2016

Net profit of Binny Mills declined 5.26% to Rs 0.18 crore in the quarter ended September 2016 as against Rs 0.19 crore during the previous quarter ended September 2015. Sales rose 12.70% to Rs 2.13 crore in the quarter ended September 2016 as against Rs 1.89 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales2.131.89 13 OPM %13.1515.87 - PBDT0.300.30 0 PBT0.290.29 0 NP0.180.19 -5

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Bhilwara Technical Textiles standalone net profit rises 1270.00% in the September 2016 quarter
Oct 28,2016

Net profit of Bhilwara Technical Textiles rose 1270.00% to Rs 1.37 crore in the quarter ended September 2016 as against Rs 0.10 crore during the previous quarter ended September 2015. There were no Sales reported in the quarter ended September 2016 and during the previous quarter ended September 2015.

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EPC Industrie reports standalone net loss of Rs 1.12 crore in the September 2016 quarter
Oct 28,2016

Net Loss of EPC Industrie reported to Rs 1.12 crore in the quarter ended September 2016 as against net loss of Rs 0.14 crore during the previous quarter ended September 2015. Sales rose 9.69% to Rs 45.28 crore in the quarter ended September 2016 as against Rs 41.28 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales45.2841.28 10 OPM %-1.59-0.19 - PBDT-1.090.31 PL PBT-1.75-0.36 -386 NP-1.12-0.14 -700

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Zee Media Corporation reports consolidated net loss of Rs 18.04 crore in the September 2016 quarter
Oct 28,2016

Net Loss of Zee Media Corporation reported to Rs 18.04 crore in the quarter ended September 2016 as against net loss of Rs 19.86 crore during the previous quarter ended September 2015. Sales declined 1.53% to Rs 124.20 crore in the quarter ended September 2016 as against Rs 126.13 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales124.20126.13 -2 OPM %14.495.78 - PBDT7.99-3.75 LP PBT-2.07-16.78 88 NP-18.04-19.86 9

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Inox Leisure consolidated net profit declines 92.66% in the September 2016 quarter
Oct 28,2016

Net profit of Inox Leisure declined 92.66% to Rs 1.56 crore in the quarter ended September 2016 as against Rs 21.24 crore during the previous quarter ended September 2015. Sales declined 3.13% to Rs 278.76 crore in the quarter ended September 2016 as against Rs 287.76 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales278.76287.76 -3 OPM %9.7519.64 - PBDT23.4852.39 -55 PBT2.7132.74 -92 NP1.5621.24 -93

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Gallantt Metal standalone net profit declines 23.32% in the September 2016 quarter
Oct 28,2016

Net profit of Gallantt Metal declined 23.32% to Rs 7.86 crore in the quarter ended September 2016 as against Rs 10.25 crore during the previous quarter ended September 2015. Sales declined 15.53% to Rs 136.68 crore in the quarter ended September 2016 as against Rs 161.81 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales136.68161.81 -16 OPM %9.8510.13 - PBDT12.5315.14 -17 PBT8.3610.67 -22 NP7.8610.25 -23

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Inox Leisure standalone net profit declines 92.53% in the September 2016 quarter
Oct 28,2016

Net profit of Inox Leisure declined 92.53% to Rs 1.59 crore in the quarter ended September 2016 as against Rs 21.29 crore during the previous quarter ended September 2015. Sales declined 3.13% to Rs 278.76 crore in the quarter ended September 2016 as against Rs 287.76 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales278.76287.76 -3 OPM %9.7519.65 - PBDT23.4952.44 -55 PBT2.7232.79 -92 NP1.5921.29 -93

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Sarla Performance Fibers standalone net profit declines 5.70% in the September 2016 quarter
Oct 28,2016

Net profit of Sarla Performance Fibers declined 5.70% to Rs 13.07 crore in the quarter ended September 2016 as against Rs 13.86 crore during the previous quarter ended September 2015. Sales rose 3.00% to Rs 66.60 crore in the quarter ended September 2016 as against Rs 64.66 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales66.6064.66 3 OPM %23.5623.45 - PBDT19.9921.32 -6 PBT16.8818.83 -10 NP13.0713.86 -6

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DCM Shriram standalone net profit rises 24.12% in the September 2016 quarter
Oct 28,2016

Net profit of DCM Shriram rose 24.12% to Rs 100.30 crore in the quarter ended September 2016 as against Rs 80.81 crore during the previous quarter ended September 2015. Sales declined 4.63% to Rs 1335.96 crore in the quarter ended September 2016 as against Rs 1400.86 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales1335.961400.86 -5 OPM %9.438.50 - PBDT126.94110.11 15 PBT100.7585.45 18 NP100.3080.81 24

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Torrent Power consolidated net profit declines 42.95% in the September 2016 quarter
Oct 28,2016

Net profit of Torrent Power declined 42.95% to Rs 140.93 crore in the quarter ended September 2016 as against Rs 247.01 crore during the previous quarter ended September 2015. Sales declined 14.03% to Rs 2627.93 crore in the quarter ended September 2016 as against Rs 3056.95 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales2627.933056.95 -14 OPM %25.0325.82 - PBDT442.82586.72 -25 PBT201.83364.14 -45 NP140.93247.01 -43

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Sarla Performance Fibers consolidated net profit rises 3.35% in the September 2016 quarter
Oct 28,2016

Net profit of Sarla Performance Fibers rose 3.35% to Rs 13.59 crore in the quarter ended September 2016 as against Rs 13.15 crore during the previous quarter ended September 2015. Sales declined 0.72% to Rs 81.00 crore in the quarter ended September 2016 as against Rs 81.59 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales81.0081.59 -1 OPM %25.0024.88 - PBDT22.0922.07 0 PBT17.5318.17 -4 NP13.5913.15 3

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Cholamandalam Investment & Finance Company consolidated net profit rises 37.47% in the September 2016 quarter
Oct 28,2016

Net profit of Cholamandalam Investment & Finance Company rose 37.47% to Rs 167.34 crore in the quarter ended September 2016 as against Rs 121.73 crore during the previous quarter ended September 2015. Sales rose 13.95% to Rs 1161.41 crore in the quarter ended September 2016 as against Rs 1019.19 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales1161.411019.19 14 OPM %72.1468.68 - PBDT269.76189.99 42 PBT260.53184.92 41 NP167.34121.73 37

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