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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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Akzo Nobel India acquires BASF Indias Industrial Coatings Business
Dec 15,2016

Akzo Nobel India announced that effective 15 December 2016, the Company has acquired the Industrial Coatings Business of BASF India for a consideration of Rs 11.17 crore.

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Akzo Nobel India acquires BASF Indias Industrial Coatings Business
Dec 15,2016

Akzo Nobel India announced that effective 15 December 2016, the Company has acquired the Industrial Coatings Business of BASF India for a consideration of Rs 11.17 crore.

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BASF India transfers its industrial coating business to Akzo Noble India
Dec 15,2016

BASF India announced that the parent company, BASF SE, Germany has completed the sale of global industrial coatings business to AkzoNobel. Consequently, the industrial coatings business of the Company would stand transferred to Akzo Noble India with effect from 14 December 2016. The Company has received an aggregate sum of Rs 11.17 crore from Akzo Noble India toward the consideration for the sale of the said business.

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BASF India transfers its industrial coating business to Akzo Noble India
Dec 15,2016

BASF India announced that the parent company, BASF SE, Germany has completed the sale of global industrial coatings business to AkzoNobel. Consequently, the industrial coatings business of the Company would stand transferred to Akzo Noble India with effect from 14 December 2016. The Company has received an aggregate sum of Rs 11.17 crore from Akzo Noble India toward the consideration for the sale of the said business.

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Sonata Software announces US patent for Halosys Mobility Platform
Dec 15,2016

Sonata Software announced that its Unified Enterprise Mobility Platform Halosys has been granted a patent for its innovation on rule based notifications. This patent has far reaching implications beyond web and mobile, to automate systems that can trigger responses based on events in enterprise systems like ERP, CRM enabling more intelligent and automated apps and bots applications to be deployed for digital business innovation.

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Sonata Software announces US patent for Halosys Mobility Platform
Dec 15,2016

Sonata Software announced that its Unified Enterprise Mobility Platform Halosys has been granted a patent for its innovation on rule based notifications. This patent has far reaching implications beyond web and mobile, to automate systems that can trigger responses based on events in enterprise systems like ERP, CRM enabling more intelligent and automated apps and bots applications to be deployed for digital business innovation.

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National Aluminium Company leads losers in A group
Dec 15,2016

National Aluminium Company slumped 5.82% to Rs 62.35 at 12:30 IST. The stock topped the losers in the BSEs A group. On the BSE, 5.78 lakh shares were traded on the counter so far as against the average daily volumes of 12.25 lakh shares in the past two weeks.

Muthoot Finance slipped 3.06% at Rs 271. The stock was the second biggest loser in A group. On the BSE, 21,000 shares were traded on the counter so far as against the average daily volumes of 97,000 shares in the past two weeks.

Unitech fell 2.75% to Rs 4.61 after the company reported consolidated net loss of Rs 13 crore in Q2 September 2016 compared with consolidated net loss of Rs 65.70 crore in Q2 September 2015. Unitechs total income dropped 42.27% to Rs 385.94 crore in Q2 September 2016 over Q2 September 2015. The result was announced after market hours yesterday, 14 December 2016.

The stock was the third biggest loser in A group. On the BSE, 21.18 lakh shares were traded on the counter so far as against the average daily volumes of 27.67 lakh shares in the past two weeks.

HPCL declined 2.25% to Rs 424.90. The stock was the fourth biggest loser in A group. On the BSE, 2.38 lakh shares were traded on the counter so far as against the average daily volumes of 2.28 lakh shares in the past two weeks.

Balrampur Chini Mills dropped 2.03% at Rs 117.95. The stock was the fifth biggest loser in A group. On the BSE, 1 lakh shares were traded on the counter so far as against the average daily volumes of 77,000 shares in the past two weeks.

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Sita Shree Food Products reports standalone net loss of Rs 63.89 crore in the September 2016 quarter
Dec 15,2016

Net loss of Sita Shree Food Products reported to Rs 63.89 crore in the quarter ended September 2016 as against net profit of Rs 0.92 crore during the previous quarter ended September 2015. Sales declined 69.94% to Rs 56.81 crore in the quarter ended September 2016 as against Rs 188.98 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales56.81188.98 -70 OPM %-97.943.86 - PBDT-62.382.65 PL PBT-63.801.19 PL NP-63.890.92 PL

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Ankit Metal & Power reports standalone net loss of Rs 58.33 crore in the September 2016 quarter
Dec 15,2016

Net Loss of Ankit Metal & Power reported to Rs 58.33 crore in the quarter ended September 2016 as against net loss of Rs 71.96 crore during the previous quarter ended September 2015. There were no Sales reported in the quarter ended September 2016 as against Rs 290.85 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0290.85 -100 OPM %0-7.85 - PBDT-48.24-54.56 12 PBT-58.33-71.96 19 NP-58.33-71.96 19

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Bombay Rayon Fashions reports standalone net loss of Rs 53.56 crore in the September 2016 quarter
Dec 15,2016

Net loss of Bombay Rayon Fashions reported to Rs 53.56 crore in the quarter ended September 2016 as against net profit of Rs 20.69 crore during the previous quarter ended September 2015. Sales declined 1.19% to Rs 981.63 crore in the quarter ended September 2016 as against Rs 993.43 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales981.63993.43 -1 OPM %13.8223.27 - PBDT-38.0270.31 PL PBT-77.3031.64 PL NP-53.5620.69 PL

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Titagarh Wagons reports standalone net profit of Rs 5.25 crore in the September 2016 quarter
Dec 15,2016

Net profit of Titagarh Wagons reported to Rs 5.25 crore in the quarter ended September 2016 as against net loss of Rs 0.54 crore during the previous quarter ended September 2015. Sales rose 17.61% to Rs 95.89 crore in the quarter ended September 2016 as against Rs 81.53 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales95.8981.53 18 OPM %5.90-0.18 - PBDT10.013.19 214 PBT7.610.51 1392 NP5.25-0.54 LP

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City Union Bank opens new branch at Korattur, Chennai
Dec 15,2016

City Union Bank has inaugurated its 526th branch at Korattur, Chennai on 15 December 2016.

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Prakash Industries standalone net profit rises 1533.71% in the September 2016 quarter
Dec 15,2016

Net profit of Prakash Industries rose 1533.71% to Rs 14.54 crore in the quarter ended September 2016 as against Rs 0.89 crore during the previous quarter ended September 2015. Sales rose 0.62% to Rs 501.41 crore in the quarter ended September 2016 as against Rs 498.34 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales501.41498.34 1 OPM %11.138.63 - PBDT40.4626.13 55 PBT14.540.89 1534 NP14.540.89 1534

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Hindustan Dorr-Oliver reports standalone net loss of Rs 43.71 crore in the September 2016 quarter
Dec 15,2016

Net Loss of Hindustan Dorr-Oliver reported to Rs 43.71 crore in the quarter ended September 2016 as against net loss of Rs 46.17 crore during the previous quarter ended September 2015. Sales declined 54.55% to Rs 22.75 crore in the quarter ended September 2016 as against Rs 50.05 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales22.7550.05 -55 OPM %-28.35-14.03 - PBDT-43.58-46.02 5 PBT-43.71-46.17 5 NP-43.71-46.17 5

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IVRCL reports standalone net loss of Rs 354.47 crore in the September 2016 quarter
Dec 15,2016

Net Loss of IVRCL reported to Rs 354.47 crore in the quarter ended September 2016 as against net loss of Rs 306.55 crore during the previous quarter ended September 2015. Sales declined 21.77% to Rs 501.46 crore in the quarter ended September 2016 as against Rs 641.00 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales501.46641.00 -22 OPM %-36.00-24.07 - PBDT-337.67-309.41 -9 PBT-356.15-329.18 -8 NP-354.47-306.55 -16

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