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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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Thomas Cook (India) allots 36178 equity shares
Mar 01,2017

Thomas Cook (India) announced that the Nomination and Remuneration Committee of the Board of Directors, vide resolution dated 1 March 2017 allotted 36178 Equity Shares under the Thomas Cook Employees Stock Option Plan 2007 and 1728 Equity Shares under the SHRIL ESOS 2012.

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TVS Motor Company announces sales figures
Mar 01,2017

TVS Motor Company posted sales of 211,470 units in the month of February 2017 as against 219,467 units recorded in the month of February 2016.

Total two-wheelers registered sales of 206,247 units in February 2017 as against 211,148 units in February 2016. Domestic two-wheelers recorded sales of 172,611 units in February 2017 as against 183,199 units recorded in February 2016.

Scooters sales grew by 2.9% from 67,089 units in the month of February 2016 to 69,020 units in the month of February 2017. Motorcycles recorded sales of 58,994 units in February 2017 as against 77,093units registered in the month of February 2016.

Three-wheeler of the Company registered sales of 5,223 units in February 2017 as against 8,319 units in February 2016.

The Companys total exports increased by 9.8% with sales growing from 34,804 units in the month of February 2016 to 38,215 units recorded in the month of February 2017. Two-wheeler exports grew by 20.3% with sales increasing from 27,949 units registered in February 2016 to 33,636 units registered in February 2017.

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Sheela Foam receives revision in credit ratings
Mar 01,2017

Sheela Foam has received upgradation in long term rating of CRISIL A+/ Stable (revised from CRISIL A / Positive) from CRISIL.

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Rane Brake Lining announces new website
Mar 01,2017

Rane Brake Lining has announced its new website - www.ranegroup.com

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Board of TCI Industries allots preference shares to Promoter
Mar 01,2017

TCI Industries announced that the Share Allotment Committee of the Board of Directors of the Company at its meeting held on 01 March 2017 has issued and allotted 6753, 0% Non-Convertible Redeemable Preference Shares (NCRPS) of Face Value of Rs. 100/- (Rupees Hundred only) each at a premium of Rs. 300/- (Rupees Three Hundred only) each to Promoter of the Company.

As the Company has allotted Non-Convertible Redeemable Preference Shares, there is no change in the paid-up equity share capital of the Company. The said shares shall not be convertible into equity shares, accordingly, the same shall not be listed with any Stock Exchange. The Exchange is hereby requested to take note of and disseminate the same.

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Tata Metaliks resumes operations of mini blast furnace (no.1)
Mar 01,2017

Tata Metaliks announced that the shutdown work with respect to one of the Companys mini blast furnace (no. 1) is over and the same has become operations from 01 March 2017.

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Tata Consultancy Services provides update on buyback of shares
Mar 01,2017

Tata Consultancy Services announced that promoters and promoter group company have communicated their intention to participate in the proposed buyback of upto 561,40,351 equity shares.

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Hero MotoCorp announces sales figures
Mar 01,2017

Hero MotoCorp has achieved sales of 524,766 units of two-wheelers in February 2017 compared to 550,992 units sold in February 2016.

Majority of Hero two-wheelers had already been made BS IV compliant quite sometime back and the Company has fully transitioned to producing only BS IV vehicles across the range from 01 March 2017.

Following the demonitisation initiative of the government in November, Hero immediately installed and activated POS machines at its retail outlets and also rolled out several other effective initiatives toenable cashless transactions, including innovative and consumer friendly financing schemes.

With improvement in the currency situation and in the consumer sentiment, Heros volumes are gradually picking up.

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Bank of India to raise Rs 1000 crore
Mar 01,2017

Bank of India announced that it is in the process of raising Basel 3 Compliant Additional Tier-1, Perpetual Bonds - Series 4, for an amount of Rs 500 crore with a green shoe option of Rs 500 crore, aggregating Rs 1000 crore by private placement.

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Sun Pharmaceutical Industries to present data on Tildrakizumab Clinical Development Program
Mar 01,2017

Sun Pharmaceutical Industries announced that several new analyses from Phase-1 and the pivotal Phase-3 clinical trials (reSURFACE 1 and 2) of tildrakizumab, an investigational IL-23p19 inhibitor being evaluated for the treatment of moderate-to-severe plaque psoriasis, will be presented atthe 2017 Annual American Academy of Dermatology (AAD) Meeting taking place March 3-7 in Orlando, Florida.

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Coal India announces provisional production and offtake figures
Mar 01,2017

Coal India announced the provisional production and offtake performance of Coal India and its subsidiaries for the month of February 2017 and for April 2016- February 2017.

Actual coal production achieved was 96% of the targeted at 54.30 million tonnes in February 2017. For the period April 2017 - February 2017, actual production achieved was 91% of the targeted at 488.06 million tonnes.

Actual offtake was 94% of the targeted at 94% at 47.73 million tonnes in February 2017. For the period April 2017-February 2017, actual offtake was 91% to the targeted at 490.86 million tonnes.

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Tata Global Beverages and Keurig Green Mountain expand partnership agreement
Mar 01,2017

Tata Global Beverages and Keurig Green Mountain Inc. announced a multi-year expansion of their successful partnership for the manufacturing, sales, licensing and distribution of Eight OClock coffee and Tetley tea brands in K-Cup pods for use in Keurig brewers.

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Quick Heal Technologies allots 1700 equity shares
Mar 01,2017

Quick Heal Technologies has allotted 1700 equity shares under ESOP 2010 on 20 February 2017.

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Pidilite Industries announces resignation of CFO
Mar 01,2017

Pidilite Industries announced that Pradeep Jain has resigned as CFO with effect from 24 March 2017.

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Eicher Motors announces sales figures of subsidiary - VE Commercial Vehicles
Mar 01,2017

Eicher Motors announced sales volume of subsidiary - VE Commercial Vehicles for the month of February 2017.

Total sales for February 2017 stood at 5499 units compared to 5032 units in February 2016.

For the period April-February 2017, total sales were 51277 units compared to 45272 units in the corresponding period of previous year.

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