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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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Goldcrest Corporation to announce December quarter results
Jan 23,2017

Goldcrest Corporation announced that the Meeting of the Board of Directors of the Company will be held on 31 January 2017, inter alia, to consider:

1. Standalone Un-Audited Financial Results for the quarter ended 31 December 2016 along with Limited Review Report;

2. Consolidated Un-Audited Financial Results for the quarter ended 31 December 2016 along with Limited Review Report.

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Shares of Shangar Decor get listed
Jan 23,2017

The equity shares of Shangar Decor (Scrip Code: 540259) are listed effective 23 January 2017 and admitted to dealings on the Exchange in the list of XT Group Securities.

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Shares of Globe Commercials get listed
Jan 23,2017

The equity shares of Globe Commercials (Scrip Code: 540266) are listed effective 23 January 2017 and admitted to dealings on the Exchange in the list of XT Group Securities.

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China PBOC Drains Net CNY10 Bln at OMOs
Jan 23,2017

The Peoples Bank of China injected CNY20 billion via 14-day reverse repos and CNY20 billion via 28-day reverse repos at its open-market operations on Monday. The moves resulted in a net drain of CNY10 billion at the OMO for the day.The benchmark seven-day repo opened at 2.34%, lower than the closing rate at 2.5151% on Friday.

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Japan Corporate Loan Demand Up, Households Dip
Jan 23,2017

Corporate demand for financing via bank loans in January posted the second consecutive quarterly rise, reflecting higher sales and capital investment, according to the Bank of Japans quarterly survey of senior loan officers at 50 banks released on Monday.

The index for corporate fund demand - which is calculated by subtracting the number of banks reporting a decline in lending from the number of those reporting an increase - stood at +7 in January after rising to +6 in October from +4 in July. The latest survey period was from Dec. 9 to Jan. 12.

By contrast, the index showing household demand for funds fell to +8 in January from +10 in October for the second consecutive drop due to lower housing investment and consumption as well as an increase in income. The index for future demand is expected to be +4, unchanged from three months ago.

The index for demand from large companies was unchanged from three months ago at +1 while the index for small businesses rose to +8 from +5.

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UltraTech Cement in spotlight after announcing Q3 results
Jan 23,2017

UltraTech Cements consolidated net profit rose 5.12% to Rs 594.61 crore on 1.36% decline in total income to Rs 6858.47 crore in Q3 December 2016 over Q3 December 2015. The result was announced on Saturday, 21 January 2017.

UltraTech Cements board at its meeting held on Saturday, 21 January 2017, inter alia, approved setting up of a 3.5 million tonnes per annum (MTPA) integrated cement plant at Dhar, Madhya Pradesh.

Among other prominent results, Asian Paints, Hindustan Unilever and Bharti Infratel are scheduled to release December quarter results today, 23 January 2017.

State Bank of India (SBI) announced that the committee of directors for capital raising considered and accorded approval to allot 21.07 crore equity shares on preferential basis to Government of India, at an issue price of Rs 269.59 per share. The announcement was made after market hours on Friday, 20 January 2017.

United Spirits net profit jumped 296.72% to Rs 147.70 crore on 6.77% growth in total income to Rs 7117.79 crore in Q3 December 2016 over Q3 December 2015. The result was announced on Saturday, 21 January 2017.

Indiabulls Housing Finances consolidated net profit rose 24.74% to Rs 751.49 crore on 30.19% growth in total income to Rs 3004.47 crore in Q3 December 2016 over Q3 December 2015. The result was announced after market hours on Friday, 20 January 2017.

NIIT announced that it has received a letter dated 19 January 2017 from AKM Systems, holding 38.46 lakh equity shares constituting 2.32% of total paid up share capital, requesting for its reclassification from the category of n++Promoter/Promoter Groupn++ to Public category. The board of directors has considered the request at its meeting held on 20 January 2017 and approved the same, subject to compliance with other regulatory formalities and requirements. The announcement was made after market hours on Friday, 20 January 2017.

Kalpataru Power Transmission (KPTL) announced that it has secured new orders exceeding Rs 825 crore. Commenting on the new order announcements, Manish Mohnot, Managing Director, KPTL said, the company continued to receive repeat orders from Africa region and has built a reasonable order book for its pipeline and railway business. It expects to close the year with a healthy order book. The announcement was made after market hours on Friday, 20 January 2017.

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D-Link India standalone net profit rises 30.94% in the December 2016 quarter
Jan 21,2017

Net profit of D-Link India rose 30.94% to Rs 9.10 crore in the quarter ended December 2016 as against Rs 6.95 crore during the previous quarter ended December 2015. Sales rose 9.85% to Rs 186.69 crore in the quarter ended December 2016 as against Rs 169.95 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales186.69169.95 10 OPM %7.056.35 - PBDT14.2011.00 29 PBT13.9110.63 31 NP9.106.95 31

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Persistent Systems standalone net profit rises 57.52% in the December 2016 quarter
Jan 21,2017

Net profit of Persistent Systems rose 57.52% to Rs 86.84 crore in the quarter ended December 2016 as against Rs 55.13 crore during the previous quarter ended December 2015. Sales rose 20.76% to Rs 462.63 crore in the quarter ended December 2016 as against Rs 383.10 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales462.63383.10 21 OPM %24.9518.57 - PBDT144.8785.87 69 PBT129.4970.58 83 NP86.8455.13 58

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Sulabh Engineers & Services standalone net profit rises 18.18% in the December 2016 quarter
Jan 21,2017

Net profit of Sulabh Engineers & Services rose 18.18% to Rs 0.13 crore in the quarter ended December 2016 as against Rs 0.11 crore during the previous quarter ended December 2015. Sales rose 10.00% to Rs 0.22 crore in the quarter ended December 2016 as against Rs 0.20 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0.220.20 10 OPM %81.8280.00 - PBDT0.180.16 13 PBT0.180.16 13 NP0.130.11 18

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Navin Fluorine International standalone net profit rises 51.51% in the December 2016 quarter
Jan 21,2017

Net profit of Navin Fluorine International rose 51.51% to Rs 20.59 crore in the quarter ended December 2016 as against Rs 13.59 crore during the previous quarter ended December 2015. Sales rose 6.07% to Rs 153.51 crore in the quarter ended December 2016 as against Rs 144.73 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales153.51144.73 6 OPM %19.7915.88 - PBDT37.2125.86 44 PBT31.1419.95 56 NP20.5913.59 52

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Infra Industries reports standalone net profit of Rs 3.78 crore in the December 2016 quarter
Jan 21,2017

Net profit of Infra Industries reported to Rs 3.78 crore in the quarter ended December 2016 as against net loss of Rs 0.84 crore during the previous quarter ended December 2015. Sales declined 75.81% to Rs 0.45 crore in the quarter ended December 2016 as against Rs 1.86 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0.451.86 -76 OPM %-222.22-22.04 - PBDT-1.16-0.72 -61 PBT-1.24-0.84 -48 NP3.78-0.84 LP

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Transcorp International standalone net profit rises 129.41% in the December 2016 quarter
Jan 21,2017

Net profit of Transcorp International rose 129.41% to Rs 0.39 crore in the quarter ended December 2016 as against Rs 0.17 crore during the previous quarter ended December 2015. Sales declined 45.56% to Rs 172.11 crore in the quarter ended December 2016 as against Rs 316.13 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales172.11316.13 -46 OPM %0.890.44 - PBDT0.900.53 70 PBT0.640.26 146 NP0.390.17 129

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Faze Three standalone net profit rises 5104.35% in the December 2016 quarter
Jan 21,2017

Net profit of Faze Three rose 5104.35% to Rs 35.91 crore in the quarter ended December 2016 as against Rs 0.69 crore during the previous quarter ended December 2015. Sales rose 2.09% to Rs 56.75 crore in the quarter ended December 2016 as against Rs 55.59 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales56.7555.59 2 OPM %20.639.91 - PBDT27.161.97 1279 PBT24.790.69 3493 NP35.910.69 5104

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Chemfab Alkalis standalone net profit rises 323.31% in the December 2016 quarter
Jan 21,2017

Net profit of Chemfab Alkalis rose 323.31% to Rs 5.63 crore in the quarter ended December 2016 as against Rs 1.33 crore during the previous quarter ended December 2015. Sales rose 27.47% to Rs 30.39 crore in the quarter ended December 2016 as against Rs 23.84 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales30.3923.84 27 OPM %26.1924.92 - PBDT9.875.69 73 PBT7.872.90 171 NP5.631.33 323

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Worldwide Leather Exports reports standalone net profit of Rs 0.02 crore in the December 2016 quarter
Jan 21,2017

Net profit of Worldwide Leather Exports reported to Rs 0.02 crore in the quarter ended December 2016 as against net loss of Rs 0.01 crore during the previous quarter ended December 2015. Sales rose 45.90% to Rs 0.89 crore in the quarter ended December 2016 as against Rs 0.61 crore during the previous quarter ended December 2015.

ParticularsQuarter Endedn++Dec. 2016Dec. 2015% Var. Sales0.890.61 46 OPM %10.11-6.56 - PBDT0.190.03 533 PBT0.16-0.01 LP NP0.02-0.01 LP

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