My Application Form Status

Check the status of your application form with Angel Broking.
  • Companies
  • Everything else
Search
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

Powered by Capital Market - Live News

Cosboard Industries to hold AGM
Oct 07,2016

Cosboard Industries announced that the 36th Annual General Meeting(AGM) of the company on 28 September 2016.

Powered by Capital Market - Live News

Indoco Remedies to hold board meeting
Oct 07,2016

Indoco Remedies will hold a meeting of the Board of Directors of the Company on 26 October 2016.

Powered by Capital Market - Live News

NIIT Technologies to hold board meeting
Oct 07,2016

NIIT Technologies will hold a meeting of the Board of Directors of the Company on 15 October 2016 to consider and take on record the Un-audited Financial Results for the Quarter ended September 30, 2016 (Q2), subject to Limited Review by the Auditors.

Powered by Capital Market - Live News

Aro Granite Industries to hold board meeting
Oct 07,2016

Aro Granite Industries will hold a meeting of the Board of Directors of the Company on 20 October 2016 to approve the Audited Financial Results for the second quarter and half year ended 30.09.2016.

Powered by Capital Market - Live News

JSW Holdings to hold board meeting
Oct 07,2016

JSW Holdings will hold a meeting of the Board of Directors of the Company on 21 October 2016 to consider, approve and take on record, amongst other business, the Unaudited Financial Results (Provisional) for the Second Quarter and half year ended on September 30, 2016 (Q2).

Powered by Capital Market - Live News

Scintilla Commercial & Credit to hold board meeting
Oct 07,2016

Scintilla Commercial & Credit will hold a meeting of the Board of Directors of the Company on 6 October 2016.

Powered by Capital Market - Live News

Zydus Wellness to hold board meeting
Oct 07,2016

Zydus Wellness will hold a meeting of the Board of Directors of the Company on 25 October 2016 to consider apart from other agenda items to approve the unaudited financial results for the quarter / half year ended on September 30, 2016.

Powered by Capital Market - Live News

Wipro to announce 2nd quarter results
Oct 07,2016

Wipro intimated that the results for Second Quarter ended 30 September 2016 would be declared on 21 October 2016.

Powered by Capital Market - Live News

Maharashtra becomes 17th State to join UDAY: an overall net benefit of Rs. 9725 crores to accrue to the State
Oct 07,2016

Government of India signed a Memorandum of Understanding (MOU) with Government of Maharashtra and Maharashtra State Electricity Distribution (MSEDCL) under the Ujwal DISCOM Assurance Yojana (UDAY) at the two-day State Power Ministers Conference in Vadodara today.

Under UDAY, sixteen states/UT have already signed the MoU till date, Maharashtra being the seventeenth. The combined DISCOM debt, including Central PSU dues, that would be restructured in respect of these states is around Rs.2.57 lakh crores, which is around 68% of the total outstanding DISCOM debt as on 30th September, 2015.

An overall net benefit of approximately Rs.9725 crores would accrue to Maharashtra by opting to participate in UDAY, by way of cheaper funds, reduction in AT&C losses, interventions in energy efficiency, coal reforms etc. during the period of turnaround.

Under UDAY, Maharashtra Government has committed to take over 75% of DISCOMs non-capex debt of around Rs.6600 crores during the current year. Balance 25% of such debt remaining with the DISCOM would be converted into Bonds or repriced at cheaper rates. This would reduce the interest burden of the State/DISCOM by Rs.595 crores.

Through compulsory Distribution Transformer metering, consumer indexing & GIS mapping of losses, upgrade/change transformers & meters, smart metering of high-end consumers, feeder audit, among other steps, AT&C losses and transmission losses would be brought down, besides eliminating the gap between cost of supply of power and realisation. The reduction in AT&C losses of MSEDCL to 14.39 % and transmission losses of the State to 3.75% is likely to bring additional revenue of around Rs.2200 crores during the period of turnaround.

While efforts will be made by the State Government and the DISCOM to improve the operational efficiency of the DISCOM, and thereby reduce the cost of supply of power, the Central government would also provide incentives to the DISCOM and the State Government for improving Power infrastructure in the State and for further lowering the cost of power.

The Central schemes such as Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY), Integrated Power Development Scheme (IPDS), Power Sector Development Fund or such other schemes of Ministries of Power and New & Renewable Energy are already providing funds for improving Power Infrastructure in the State and additional/priority funding would be considered under these schemes, if the State/DISCOM meet the operational milestones outlined in the scheme.

The State shall also be supported through additional coal at notified prices and in case of availability, through higher capacity utilization, low cost power from NTPC and other CPSUs. Other benefits such as coal swapping, coal rationalization, correction in coal grade slippage, availability of 100% washed coal would help the state to further reduce the cost of Power. The State would gain around Rs.4500 crores due to these coal reforms.

Demand Side interventions in UDAY such as usage of energy-efficient LED bulbs, agricultural pumps, fans & air-conditioners and efficient industrial equipment through Perform, Achieve, Trade (PAT) would help in reducing peak load, flatten load curve and thus help in reducing energy consumption in the State. The gain is expected to be around Rs.2370 crores.

Improvement in operation efficiency would enable the DISCOM to borrow at cheaper rates in future, for their infrastructure development and improvement of existing infrastructure. The gain is expected to be around Rs.60 crores.

The ultimate benefit of signing the MOU would go to the people of Maharashtra. Reduced levels of transmission and AT&C losses would mean lesser cost per unit of electricity to consumers. Further, financially and operationally healthy DISCOM would be in a position to supply more power. Higher demand for power would mean higher Plant Load Factor (PLF) of generating units and therefore, lesser cost per unit of electricity which would again mean lesser cost per unit of electricity to the consumers.

Powered by Capital Market - Live News

Safal Securities to hold board meeting
Oct 07,2016

Safal Securities will hold a meeting of the Board of Directors of the Company on 17 October 2016.

Powered by Capital Market - Live News

XPRO India enters into agreement to sell land for Rs 5 crore
Oct 07,2016

XPRO India announced that the Company has entered into an Agreement for Sale on 07 October 2016 (which is subject to necessary approvals from Members etc.) for sale of a portion of land at 2, Industrial Area, NIT, Faridabad admeasuring 3697 sq. yards at a consideration of Rs. 5 crore pertaining to the Companys Faridabad Unit with Vipal Mehra & Others (who do not belong to and have no connection whatsoever with the Promoter/Promoter Group/Group Companies). The expected date of completion of sale of said portion of land is 31 December 2016 (subject to necessary approvals). The transaction does not fall within Related Party Transactions.

Powered by Capital Market - Live News

Emerald Leisures to hold board meeting
Oct 07,2016

Emerald Leisures will hold a meeting of the Board of Directors of the Company on 7 October 2016.

Powered by Capital Market - Live News

Muthoot Capital Services to hold board meeting
Oct 07,2016

Muthoot Capital Services will hold a meeting of the Board of Directors of the Company on 24 October 2016 to consider and take on record the unaudited financial results for the quarter and half year ended September 30, 2016.

Powered by Capital Market - Live News

Chemo Pharma Laboratories to hold board meeting
Oct 07,2016

Chemo Pharma Laboratories will hold a meeting of the Board of Directors of the Company on 24 October 2016.

Powered by Capital Market - Live News

Lakshmi Electrical Control Systems to hold board meeting
Oct 07,2016

Lakshmi Electrical Control Systems will hold a meeting of the Board of Directors of the Company on 27 October 2016 to consider and to take on record the Unaudited Financial Results of the Company for the quarter ended September 30, 2016.

Powered by Capital Market - Live News