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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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Birla Shloka Edutech reports standalone net loss of Rs 0.56 crore in the December 2016 quarter
Feb 15,2017

Net Loss of Birla Shloka Edutech reported to Rs 0.56 crore in the quarter ended December 2016 as against net loss of Rs 1.36 crore during the previous quarter ended December 2015. There were no Sales reported in the quarter ended December 2016 and during the previous quarter ended December 2015.

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SdF Industries standalone net profit rises 71.43% in the December 2016 quarter
Feb 15,2017

Net profit of SdF Industries rose 71.43% to Rs 0.36 crore in the quarter ended December 2016 as against Rs 0.21 crore during the previous quarter ended December 2015. Sales rose 25.98% to Rs 1.60 crore in the quarter ended December 2016 as against Rs 1.27 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales1.601.27 26 OPM %26.2520.47 - PBDT0.420.26 62 PBT0.360.21 71 NP0.360.21 71

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Spectra Industries reports standalone net profit of Rs 1.05 crore in the December 2016 quarter
Feb 15,2017

Net profit of Spectra Industries reported to Rs 1.05 crore in the quarter ended December 2016 as against net loss of Rs 0.12 crore during the previous quarter ended December 2015. Sales declined 15.11% to Rs 23.15 crore in the quarter ended December 2016 as against Rs 27.27 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales23.1527.27 -15 OPM %-7.990.51 - PBDT1.220.12 917 PBT1.05-0.12 LP NP1.05-0.12 LP

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Sarup Industries reports standalone net profit of Rs 0.07 crore in the December 2016 quarter
Feb 15,2017

Net profit of Sarup Industries reported to Rs 0.07 crore in the quarter ended December 2016 as against net loss of Rs 1.91 crore during the previous quarter ended December 2015. Sales rose 28.14% to Rs 10.20 crore in the quarter ended December 2016 as against Rs 7.96 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales10.207.96 28 OPM %9.12-12.81 - PBDT0.50-1.51 LP PBT0.07-1.91 LP NP0.07-1.91 LP

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Board of Centum Electronics recommends dividend
Feb 15,2017

Centum Electronics announced that the Board of Directors of the Company at its meeting held on 14 February 2017, inter alia, have recommended the dividend of Rs 2 per equity Share (i.e. 20%) , subject to the approval of the shareholders.

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Board of Faze Three allots 30,11,203 equity shares on conversion of warrants
Feb 15,2017

Faze Three announced that the Board of Directors of the Company had, pursuant to the approval of shareholders in the EGM held on 30 September 2016 and other regulatory approvals and requirements allotted 30,11,203 warrants convertible into equivalent number of Equity Shares on preferential basis to Promoter and Promoter Group on October 15, 2016.

Further, the warrant holders have paid the balance 75% of the consideration aggregating to Rs. 4,51,68,045/- and have applied for exercising their right for conversion of 30,11,203 warrants into equivalent number of equity shares.

Consequently, the Board of Directors in its meeting held on 15 February 2017 has issued and allotted 30,11,203 Equity Shares of face value of Rs. 10/- each to the warrant holders.

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CHD Chemicals to hold board meeting
Feb 15,2017

CHD Chemicals will hold a meeting of the Board of Directors of the Company on 17 February 2017, to discuss and approve the Preferential Issue of Shares Warrants.

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MSR India to hold board meeting
Feb 15,2017

MSR India will hold a meeting of the Board of Directors of the Company on 17 February 2017.

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EID Parry (India) to hold board meeting
Feb 15,2017

EID Parry (India) will hold a meeting of the Board of Directors of the Company on 21 February 2017, to consider declaration of Interim Dividend on the equity capital for the financial year ending March 31, 2017.

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Premco Global to hold board meeting
Feb 15,2017

Premco Global will hold a meeting of the Board of Directors of the Company on 20 February 2017, to fix, date, place and time for calling of Extra-ordinary General Meeting to consider the Special resolution for Premco Global Limited- Employee Stock Option Scheme.

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Board of Winsome Breweries approves change in directorate
Feb 15,2017

Winsome Breweries announced that the Board of Directors of the Company at its meeting held on 14 February 2017, inter alia, has transacted the following business:

1. Appointed Nakul Pasricha as an Additional (Independent) Director; and

2. Took on record the resignation of Sumer Chand Jain as an Independent director.

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Fortis Healthcare provides update on subsidiary - Fortis Hospitals
Feb 15,2017

Fortis Healthcare announced that Fortis Hospitals, subsidiary of the Company on 15 February 2017 has informed the Company that it has increased its shareholding in Fortis Health Management (East) (FHMEL) by 6,000 equity shares (i.e. 12% of total paid-up share capital of FHMEL ) of Rs. 10 each.

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Total foodgrains production in the country is estimated at record 271.98 MT
Feb 15,2017

As per 2nd Advance Estimates, the estimated production of major crops during 2016-17 is as under:

Foodgrains - 271.98 million tonnes (record)

n++ Rice - 108.86 million tonnes (record)

n++ Wheat - 96.64 million tonnes (record)

n++ Coarse Cereals - 44.34 million tonnes (record)

n++ Maize - 26.15 million tonnes (record)

n++ Pulses - 22.14 million tonnes (record)

n++ Gram - 9.12 million tonnes

n++ Tur - 4.23 million tonnes (record)

n++ Urad - 2.89 million tonnes (record)

Oilseeds - 33.60 million tonnes (record)

n++ Soyabean - 14.13 million tonnes

n++ Groundnut - 8.47 million tonnes

n++ Castorseed - 1.74 million tonnes

Cotton - 32.51 million bales (of 170 kg each)

Sugarcane - 309.98 million tonnes

As a result of very good rainfall during monsoon 2016 and various policy initiatives taken by the Government, the country has witnessed record foodgrain production in the current year. As per Second Advance Estimates for 2016-17, total Foodgrain production in the country is estimated at 271.98 million tonnes which is higher by 6.94 million tonnes than the previous record production of Foodgrain of 265.04 million tonnes achieved during 2013-14. The current years production is also higher by 14.97 million tonnes than the previous five years (2011-12 to 2015-16) average production of Foodgrains. The current years production is significantly higher by 20.41 million tonnes than the last years foodgrain production.

Total production of Rice is estimated at record 108.86 million tonnes which is also a new record. This years Rice production is higher by 2.21 million tonnes than previous record production of 106.65 million tonnes achieved during 2013-14. It is also higher by 3.44 million tonnes than the five years average Rice production of 105.42 million tonnes. Production of rice has increased significantly by 4.45 million tonnes than the production of 104.41 million tonnes during 2015-16.

Production of Wheat, estimated at 96.64 million tonnes is also a record. This years wheat production is higher than the previous record production of 95.85 million tonnes achieved during 2013-14. Production of Wheat during 2016-17 is also higher by 4.03 million tonnes than the average wheat production. The current years production is higher by 4.36 million tonnes as compared to Wheat production of 92.29 million tonnes achieved during 2015-16.

Production of Coarse Cereals estimated at a new record level of 44.34 million tonnes is higher than the average production by 3.00 million tonnes. It is higher than the previous record production of 43.40 million tonnes achieved during 2010-11 by 0.94 million tonnes. Current years production it is also higher by 5.82 million tonnes as compared to their production of 38.52 million tonnes achieved during 2015-16.

As a result of significant increase in the area coverage and productivity of all major Pulses, total production of pulses during 2016-17 is estimated at 22.14 million tonnes which is higher by 2.89 million tonnes than the previous record production of 19.25 million tonnes achieved during 2013-14. Production of Pulses during 2016-17 is also higher by 4.50 million tonnes than their Five years average production. Current years production is higher by 5.79 million tonnes than the previous years production of 16.35 million tonnes.

With an increase of 8.35 million tonnes over the previous year, total Oilseeds production in the country is estimated at record level of 33.60 million tonnes. It is higher by 0.85 million tonnes than the previous record production of 32.75 million tonnes achieved during 2013-14. The production of Oilseeds during 2016-17 is also higher by 4.34 million tonnes than the five years average Oilseeds production. The current years production is significantly higher than the production of 25.25 million tonnes during 2015-16.

Production of Sugarcane is estimated at 309.98 million tonnes which is lower by 38.46 million tonnes than the last years production of 348.45 million tonnes.

Despite lower area coverage during 2016-17, higher productivity of Cotton has resulted into higher production of 32.51 million bales (of 170 kg each) as compared to 30.01 million bales during 2015-16.

Production of Jute & Mesta estimated at 10.06 million bales (of 180 kg each) is marginally lower than their production of 10.52 million bales during the last year.

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Maruti Suzuki India launches Ertiga Limited Edition
Feb 15,2017

Maruti Suzuki India announced the launch of Ertiga Limited Edition. This Limited Edition Ertiga will be available only in the VXi and VDi variants priced in the range of Rs 7.85 - 8.10 lakh ex showroom, New Delhi.

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MOIL announces appointment of Nominee Director
Feb 15,2017

MOIL announced that the Company has received letter from Government of India vide Letter dated 14 February 2017 regarding appointment of Manohar Lai Dubey for the post of Government Nominee Director on the Board of MOIL with immediate effect.

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