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Land allotment for four industrial cities in DMIC to begin from October: Alkesh Sharma

Land allotment for four industrial cities in DMIC to begin from October: Alkesh Sharma

Jul 23,2016

The Centre will start allocating land in all the four industrial cities being implemented under the Delhi-Mumbai Industrial Corridor (DMIC) project from October this year, a top government official said at an ASSOCHAM event.

n++Land allotment for industries will begin in October this year for anyone who wants to put up an industry, we are looking at anchor investors, we are looking for some big industries to come up but we are open to all industries,n++ said Mr Alkesh Kumar Sharma, chief executive officer (CEO) and managing director (MD), DMIC Corporation Limited said while inaugurating an ASSOCHAM International Summit on DMIC-Hub for investors.

The four industrial cities that are being implemented under DMIC project include - in Dholera Special Investment Region (Gujarat), Shendra Bidkin Industrial Park & Dighi Port Industrial Area (Maharashtra), Integrated Industrial Township (Greater Noida-Uttar Pradesh) and Vikram Udyogpuri (Ujjain-Madhya Pradesh).

n++The land pricing and disposal policies have already been finalised in Gujarat, it will be finalised in a weeks time in Maharashtra and we will also be finalising it in Greater Noida and in Ujjain within this month so that by September-October we can start allotting land,n++ said Mr Sharma.

He informed that DMICDC had already developed a detailed land use plan and that it will soon come up with a mechanism whereby one can apply online and the land shall be allotted.

n++You can identify a plot on the Google maps, fill in and you will see complete details of the plot that this plot is for industrial purpose, the size of the plot is 20 acres and this is the type of industry you can set up,n++ he said.

n++We do not have any issue on land as all the land which we have in these cities are free from litigation,n++ further said Mr Sharma.

He also informed that government was looking at alternate ways of generating energy considering the current power and gas scenario.

The DMICDC CEO said that the type of industries that have been identified for these industrial cities are the ones that are not highly polluting unlike chemical factories and others.

He also said that all environment clearances had been obtained from the union Ministry of Environment and Forests for all the projects. We have taken all the sustainability parameters that are best in the world in terms of both social and economic issues.n++

He said that DMICDC would be following the best global practices be it transportation, power and water supply, water conservation, sewage treatment and others.

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Lee & Nee Software (Exports) reports standalone net profit of Rs 0.01 crore in the June 2016 quarter
Jul 23,2016

Net profit of Lee & Nee Software (Exports) reported to Rs 0.01 crore in the quarter ended June 2016 as against net loss of Rs 0.06 crore during the previous quarter ended June 2015. Sales rose 53.85% to Rs 0.40 crore in the quarter ended June 2016 as against Rs 0.26 crore during the previous quarter ended June 2015.

ParticularsQuarter Endedn++Jun. 2016Jun. 2015% Var. Sales0.400.26 54 OPM %-10.00-26.92 - PBDT0.01-0.05 LP PBT0.01-0.06 LP NP0.01-0.06 LP

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Jayant Agro Organics standalone net profit rises 210.77% in the June 2016 quarter
Jul 23,2016

Net profit of Jayant Agro Organics rose 210.77% to Rs 10.10 crore in the quarter ended June 2016 as against Rs 3.25 crore during the previous quarter ended June 2015. Sales rose 19.55% to Rs 162.93 crore in the quarter ended June 2016 as against Rs 136.29 crore during the previous quarter ended June 2015.

ParticularsQuarter Endedn++Jun. 2016Jun. 2015% Var. Sales162.93136.29 20 OPM %12.368.36 - PBDT17.027.32 133 PBT15.095.19 191 NP10.103.25 211

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Artson Engineering reports standalone net loss of Rs 0.13 crore in the June 2016 quarter
Jul 23,2016

Net loss of Artson Engineering reported to Rs 0.13 crore in the quarter ended June 2016 as against net profit of Rs 0.24 crore during the previous quarter ended June 2015. Sales declined 3.59% to Rs 20.66 crore in the quarter ended June 2016 as against Rs 21.43 crore during the previous quarter ended June 2015.

ParticularsQuarter Endedn++Jun. 2016Jun. 2015% Var. Sales20.6621.43 -4 OPM %1.846.95 - PBDT0.100.62 -84 PBT-0.130.24 PL NP-0.130.24 PL

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Jayant Agro Organics consolidated net profit rises 177.24% in the June 2016 quarter
Jul 23,2016

Net profit of Jayant Agro Organics rose 177.24% to Rs 11.45 crore in the quarter ended June 2016 as against Rs 4.13 crore during the previous quarter ended June 2015. Sales rose 9.93% to Rs 381.65 crore in the quarter ended June 2016 as against Rs 347.16 crore during the previous quarter ended June 2015.

ParticularsQuarter Endedn++Jun. 2016Jun. 2015% Var. Sales381.65347.16 10 OPM %7.575.06 - PBDT21.2110.45 103 PBT18.437.62 142 NP11.454.13 177

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Havells India standalone net profit rises 36.27% in the June 2016 quarter
Jul 23,2016

Net profit of Havells India rose 36.27% to Rs 145.58 crore in the quarter ended June 2016 as against Rs 106.83 crore during the previous quarter ended June 2015. Sales rose 17.06% to Rs 1455.38 crore in the quarter ended June 2016 as against Rs 1243.30 crore during the previous quarter ended June 2015.

ParticularsQuarter Endedn++Jun. 2016Jun. 2015% Var. Sales1455.381243.30 17 OPM %13.8212.85 - PBDT230.22173.65 33 PBT202.24148.88 36 NP145.58106.83 36

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Indu Nissan Oxo Chemicals Industries reports standalone net loss of Rs 0.12 crore in the June 2016 quarter
Jul 23,2016

Net Loss of Indu Nissan Oxo Chemicals Industries reported to Rs 0.12 crore in the quarter ended June 2016 as against net loss of Rs 0.14 crore during the previous quarter ended June 2015. There were no Sales reported in the quarter ended June 2016 and during the previous quarter ended June 2015.

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Optimus Finance reports standalone net profit of Rs 0.09 crore in the June 2016 quarter
Jul 23,2016

Net profit of Optimus Finance reported to Rs 0.09 crore in the quarter ended June 2016 as against net loss of Rs 0.15 crore during the previous quarter ended June 2015. Sales rose 857.14% to Rs 0.67 crore in the quarter ended June 2016 as against Rs 0.07 crore during the previous quarter ended June 2015.

ParticularsQuarter Endedn++Jun. 2016Jun. 2015% Var. Sales0.670.07 857 OPM %16.42-114.29 - PBDT0.09-0.15 LP PBT0.09-0.15 LP NP0.09-0.15 LP

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ASM Technologies standalone net profit declines 43.47% in the June 2016 quarter
Jul 23,2016

Net profit of ASM Technologies declined 43.47% to Rs 1.86 crore in the quarter ended June 2016 as against Rs 3.29 crore during the previous quarter ended June 2015. Sales declined 37.20% to Rs 17.79 crore in the quarter ended June 2016 as against Rs 28.33 crore during the previous quarter ended June 2015.

ParticularsQuarter Endedn++Jun. 2016Jun. 2015% Var. Sales17.7928.33 -37 OPM %16.7519.20 - PBDT2.985.40 -45 PBT2.615.02 -48 NP1.863.29 -43

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Seshasayee Paper & Boards standalone net profit rises 347.50% in the June 2016 quarter
Jul 23,2016

Net profit of Seshasayee Paper & Boards rose 347.50% to Rs 24.12 crore in the quarter ended June 2016 as against Rs 5.39 crore during the previous quarter ended June 2015. Sales rose 4.27% to Rs 244.81 crore in the quarter ended June 2016 as against Rs 234.78 crore during the previous quarter ended June 2015.

ParticularsQuarter Endedn++Jun. 2016Jun. 2015% Var. Sales244.81234.78 4 OPM %17.879.99 - PBDT38.2415.47 147 PBT30.158.00 277 NP24.125.39 347

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ASM Technologies consolidated net profit declines 36.26% in the June 2016 quarter
Jul 23,2016

Net profit of ASM Technologies declined 36.26% to Rs 1.74 crore in the quarter ended June 2016 as against Rs 2.73 crore during the previous quarter ended June 2015. Sales declined 54.19% to Rs 20.10 crore in the quarter ended June 2016 as against Rs 43.88 crore during the previous quarter ended June 2015.

ParticularsQuarter Endedn++Jun. 2016Jun. 2015% Var. Sales20.1043.88 -54 OPM %13.9810.98 - PBDT2.874.99 -42 PBT2.504.58 -45 NP1.742.73 -36

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18 Districts of MP to become ODF in FY16-17
Jul 23,2016

The State of Madhya Pradesh today declared that 18 districts of the State, taken up by the Ministry of Drinking Water and Sanitation, will become Open Defecation Free (ODF) by March 2017.

The declaration was made during a State visit by the Secretary, Ministry of Drinking Water and Sanitation, Shri Parameswaran Iyer. During the visit, the Secretary held meetings with the Chief Minister of Madhya Pradesh, Shri Shivraj Singh Chouhan, and the Chief Secretary of Madhya Pradesh. The Swachh Bharat Mission and the National Rural Drinking Water Programme rollout in the State was discussed during the meetings.

The Secretary also made two village field visits and said that the State was doing extremely well on both programmes of the Government of India.

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MphasiS standalone net profit rises 17.59% in the June 2016 quarter
Jul 23,2016

Net profit of MphasiS rose 17.59% to Rs 128.31 crore in the quarter ended June 2016 as against Rs 109.12 crore during the previous quarter ended June 2015. Sales declined 3.32% to Rs 713.39 crore in the quarter ended June 2016 as against Rs 737.89 crore during the previous quarter ended June 2015.

ParticularsQuarter Endedn++Jun. 2016Jun. 2015% Var. Sales713.39737.89 -3 OPM %18.3518.48 - PBDT173.62174.60 -1 PBT167.92166.58 1 NP128.31109.12 18

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MphasiS consolidated net profit rises 38.22% in the June 2016 quarter
Jul 23,2016

Net profit of MphasiS rose 38.22% to Rs 204.34 crore in the quarter ended June 2016 as against Rs 147.84 crore during the previous quarter ended June 2015. Sales rose 1.49% to Rs 1516.68 crore in the quarter ended June 2016 as against Rs 1494.42 crore during the previous quarter ended June 2015.

ParticularsQuarter Endedn++Jun. 2016Jun. 2015% Var. Sales1516.681494.42 1 OPM %16.1213.29 - PBDT296.51248.49 19 PBT282.77226.79 25 NP204.34147.84 38

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Tata Metaliks standalone net profit rises 203.79% in the June 2016 quarter
Jul 23,2016

Net profit of Tata Metaliks rose 203.79% to Rs 22.42 crore in the quarter ended June 2016 as against Rs 7.38 crore during the previous quarter ended June 2015. Sales declined 5.27% to Rs 217.05 crore in the quarter ended June 2016 as against Rs 229.12 crore during the previous quarter ended June 2015.

ParticularsQuarter Endedn++Jun. 2016Jun. 2015% Var. Sales217.05229.12 -5 OPM %17.939.34 - PBDT31.7712.44 155 PBT28.549.34 206 NP22.427.38 204

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