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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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Prakash Industries secures coal linkages for sponge iron production
Jan 27,2017

Prakash Industries announced that in the recent Coal linkage auction conducted by Coal India, the Company has secured coal linkages of a total quality of 649300 MT per annum for the next 5 years from various mines of South Eastern Coalfields in Chhattisgarh, for which the company is going to sign the Fuel Supply Agreement (FSA).

Securing these linkages will provide long term stability in the operations of the company, in addition to the cost saving in sponge iron production at its integrated steel plant at Champa, Chhattisgarh.

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PNC Infratech intimates of ratings revision of subsidiarys bank facilities
Jan 27,2017

PNC Infratech has received upgradation in credit ratings from Credit Analysis & Research for bank facilities of its subsidiary - PNC Raebareli Highways as follows -

Long term bank facilities (senior debt) (Rs 628 crore) - CARE A+; Stable (Revised from CARE A-)

Long term bank facilities (subordinate debt) (Rs 69.80 crore) - CARE A; Stable (Revised from CARE BBB+)

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Jubilant Life Sciences issues NCDs aggregating Rs 495 crore
Jan 27,2017

Jubilant Life Sciences has completed the issuance of its secured rated listed redeemable non convertible debentures aggregating to Rs 495 crore for cash at par on a private placement basis.

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Board of Advani Hotels & Resorts (India) declares 2nd interim dividend
Jan 27,2017

Advani Hotels & Resorts (India) announced that the Board of Directors of the Company at its meeting held on 27 January 2017, inter alia, has approved the following :

- Declared second interim dividend of 20% (40 paise per Equity Share of Rs. 2/- each) for the year ending 31 March 2017.

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Advani Hotels & Resorts (India) fixes record date for 2nd interim dividend
Jan 27,2017

Advani Hotels & Resorts (India) announced that the Company has fixed 08 February 2017 as the Record Date for the purpose of payment of Second Interim Dividend.

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Surana Telecom and Power to announce December quarter results
Jan 27,2017

Surana Telecom and Power announced that a meeting of the Board of Directors of the Company is scheduled to be held on 10 February 2017, inter alia, to consider the Un-Audited Financial Results of the Company for the Quarter ended 31 December 2016.

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Omaxe to consider December quarter results
Jan 27,2017

Omaxe announced that a meeting of the Board of Directors of the Company is scheduled to be held on 09 February 2017, inter alia, to consider and approve the Standalone and Consolidated Unaudited Financial Results of the Company for the Quarter and Nine Months ended on 31 December 2016 at the recommendation of the Audit Committee which will consider and review the Financial Results in its meeting scheduled to be held on the same day, prior to the Board Meeting.

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Surana Solar to announce December quarter results
Jan 27,2017

Surana Solar announced a meeting of the Board of Directors of the Company is scheduled to be held on 10 February 2017, inter alia, to consider the Un-Audited Financial Results of the Company for the Quarter ended 31 December 2016.

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Board of Gujarat Foils to consider Q3 results
Jan 27,2017

Gujarat Foils announced that a meeting of the Board of Directors of the Company will be held on 07 February 2017, inter alia, to consider and approve the Unaudited Financial Results of the Company for the Third Quarter on 31 December 2016.

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Board of Mystic Electronics approves change in directorate
Jan 27,2017

Mystic Electronics announced that the meeting of the Board of Directors of the Company held on 27 January 2017, wherein the following matters were considered and approved:

1. The appointment of Manisha Swami as Company secretary of the Company with immediate effect i.e. from 27 January 2017.

2. The resignation of Madhumati Gawade as women Director of the company with the immediate effect i.e. from 27 January 2017.

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City Union Bank to announce Q3 results
Jan 27,2017

City Union Bank announced that a meeting of the Board of Directors of the Bank will be held on 08 February 2017, inter alia, to consider the Un-audited Financial Results of the Bank for the quarter ended 31 December 2016 (Q3), subject to a limited review by the Statutory Auditors.

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Orient Beverages to consider December quarter results
Jan 27,2017

Orient Beverages announced that a meeting of the Board of Director of the Company will be held on 13 February 2017, inter alia, to consider and approve the Unaudited Financial Results of the Company for the quarter ended 31 December 2016.

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ABM Knowledgeware to announce December quarter results
Jan 27,2017

ABM Knowledgeware announced that the Meeting of the Board of Directors of the Company will be held on 04 February 2017, to consider and take on record the Unaudited Financial results for the quarter ended 31 December 2016.

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Larsen & Toubro secures new orders
Jan 27,2017

Larsen & Toubro announced that its construction arm has won orders worth Rs 1286 crore across its various business segments. These orders include among others, an order for the Ahmedabad metro project; construction of an iron ore berth in Paradip, Odisha; and construction of paint manufacturing facility in Vizag.

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Jindal Stainless (Hisar) to announce December quarter results
Jan 27,2017

Jindal Stainless (Hisar) announced that the meeting of the Board of Directors of the Company will be held on 08 February 2017, inter alia, to consider and approve the unaudited standalone financial results of the Company for the quarter / period ended 31 December 2016.

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