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L&T gains after subsidiary wins contract

L&T gains after subsidiary wins contract

Feb 27,2017

The announcement was made on Saturday, 25 February 2017.

Meanwhile, the S&P BSE Sensex was up 18.72 points or 0.06% at 28,911.69.

On the BSE, 5,411 shares were traded on the counter so far as against the average daily volumes of 1.08 lakh shares in the past one quarter. The stock had hit high of Rs 1,499 and low of Rs 1,488 so far during the day.

The large-cap company has equity capital of Rs 186.59 crore. Face value per share is Rs 2.

L&T announced that its wholly owned subsidiary L&T Hydrocarbon Engineering (LTHE) has bagged an onshore engineering, procurement and construction (EPC) contract worth around Rs 1100 crore from Indian Oil Corporation (IOCL) for setting up a 0.740 million metric tonne per annum (MMTPA) fluidised cracking unit (FCC) including LPG treatment facility at its Bongaigaon refinery, Assam.

L&Ts consolidated net profit rose 38.9% to Rs 972.47 crore on 1.7% growth in net sales to Rs 26018.15 crore in Q3 December 2016 over Q3 December 2015.

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.

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Kharif Crop Sowing Crosses 976 Lakh Hectare Area
Aug 18,2017

The total sown area as on 18th August 2017, as per reports received from States, stands at 976.34 lakh hectare as compared to 984.57 lakh hectare at this time last year.

 It is reported that rice has been sown/transplanted in 341.58 lakh ha, pulses in 130.68 lakh ha, coarse cereals in 171.75 lakh ha, sugarcane in 49.78 lakh hectare and cotton in 118.14 lakh ha.

 The details of the area covered so far and that covered during this time last year are given below:

                                                                                                                                Lakh hectare 

CropArea sown in 2017-18Area sown in 2016-17Rice341.58340.14Pulses130.68135.42Coarse Cereals171.75179.17Oilseeds157.36175.10Sugarcane49.7845.64Jute & Mesta7.057.56Cotton118.14101.54Total976.34984.57

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Integrated Hitech reports standalone net profit of Rs 0.02 crore in the June 2017 quarter
Aug 18,2017

Net profit of Integrated Hitech remain constant at Rs 0.02 crore in the quarter ended June 2017 and also during the previous quarter ended June 2016. Sales rose 14.29% to Rs 0.08 crore in the quarter ended June 2017 as against Rs 0.07 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales0.080.07 14 OPM %25.0028.57 - PBDT0.020.02 0 PBT0.020.02 0 NP0.020.02 0

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Khaitan (India) reports standalone net profit of Rs 0.06 crore in the June 2017 quarter
Aug 18,2017

Net profit of Khaitan (India) reported to Rs 0.06 crore in the quarter ended June 2017 as against net loss of Rs 1.56 crore during the previous quarter ended June 2016. Sales rose 425.00% to Rs 12.18 crore in the quarter ended June 2017 as against Rs 2.32 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales12.182.32 425 OPM %0.826.47 - PBDT0.60-1.11 LP PBT0.06-1.56 LP NP0.06-1.56 LP

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Mercury Laboratories reports standalone net loss of Rs 1.37 crore in the June 2017 quarter
Aug 18,2017

Net loss of Mercury Laboratories reported to Rs 1.37 crore in the quarter ended June 2017 as against net profit of Rs 0.94 crore during the previous quarter ended June 2016. Sales declined 17.44% to Rs 10.65 crore in the quarter ended June 2017 as against Rs 12.90 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales10.6512.90 -17 OPM %-9.0114.88 - PBDT-1.101.75 PL PBT-1.361.49 PL NP-1.370.94 PL

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Polymechplast Machines standalone net profit rises 81.82% in the June 2017 quarter
Aug 18,2017

Net profit of Polymechplast Machines rose 81.82% to Rs 0.40 crore in the quarter ended June 2017 as against Rs 0.22 crore during the previous quarter ended June 2016. Sales rose 25.66% to Rs 9.50 crore in the quarter ended June 2017 as against Rs 7.56 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales9.507.56 26 OPM %6.004.76 - PBDT0.480.29 66 PBT0.400.22 82 NP0.400.22 82

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Advance Petrochemicals standalone net profit rises 100.00% in the June 2017 quarter
Aug 18,2017

Net profit of Advance Petrochemicals rose 100.00% to Rs 0.04 crore in the quarter ended June 2017 as against Rs 0.02 crore during the previous quarter ended June 2016. Sales declined 0.81% to Rs 2.44 crore in the quarter ended June 2017 as against Rs 2.46 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales2.442.46 -1 OPM %9.026.91 - PBDT0.090.07 29 PBT0.050.02 150 NP0.040.02 100

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Urbaknitt Fabs reports standalone net loss of Rs 0.34 crore in the June 2017 quarter
Aug 18,2017

Net loss of Urbaknitt Fabs reported to Rs 0.34 crore in the quarter ended June 2017 as against net profit of Rs 1.24 crore during the previous quarter ended June 2016. Sales declined 84.47% to Rs 0.25 crore in the quarter ended June 2017 as against Rs 1.61 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales0.251.61 -84 OPM %-112.008.70 - PBDT-0.291.52 PL PBT-0.321.49 PL NP-0.341.24 PL

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RPP Infra Projects standalone net profit rises 23.73% in the June 2017 quarter
Aug 18,2017

Net profit of RPP Infra Projects rose 23.73% to Rs 7.77 crore in the quarter ended June 2017 as against Rs 6.28 crore during the previous quarter ended June 2016. Sales rose 32.70% to Rs 112.48 crore in the quarter ended June 2017 as against Rs 84.76 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales112.4884.76 33 OPM %14.3915.70 - PBDT11.7410.11 16 PBT10.318.78 17 NP7.776.28 24

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Shri Aster Silicates reports standalone net loss of Rs 0.53 crore in the June 2017 quarter
Aug 18,2017

Net Loss of Shri Aster Silicates reported to Rs 0.53 crore in the quarter ended June 2017 as against net loss of Rs 11.49 crore during the previous quarter ended June 2016. There were no Sales reported in the quarter ended June 2017 and during the previous quarter ended June 2016.

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Advance Multitech standalone net profit rises 416.67% in the June 2017 quarter
Aug 18,2017

Net profit of Advance Multitech rose 416.67% to Rs 0.62 crore in the quarter ended June 2017 as against Rs 0.12 crore during the previous quarter ended June 2016. Sales declined 11.93% to Rs 3.10 crore in the quarter ended June 2017 as against Rs 3.52 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales3.103.52 -12 OPM %32.5811.08 - PBDT0.860.34 153 PBT0.670.15 347 NP0.620.12 417

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Shree Precoated Steels reports standalone net loss of Rs 0.23 crore in the June 2017 quarter
Aug 18,2017

Net Loss of Shree Precoated Steels reported to Rs 0.23 crore in the quarter ended June 2017 as against net loss of Rs 0.33 crore during the previous quarter ended June 2016. There were no Sales reported in the quarter ended June 2017 and during the previous quarter ended June 2016.

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Suyog Telematics standalone net profit rises 42.25% in the June 2017 quarter
Aug 18,2017

Net profit of Suyog Telematics rose 42.25% to Rs 4.68 crore in the quarter ended June 2017 as against Rs 3.29 crore during the previous quarter ended June 2016. Sales rose 55.90% to Rs 19.30 crore in the quarter ended June 2017 as against Rs 12.38 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales19.3012.38 56 OPM %46.0146.45 - PBDT7.625.04 51 PBT6.594.52 46 NP4.683.29 42

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SSPDL consolidated net profit declines 98.60% in the June 2017 quarter
Aug 18,2017

Net profit of SSPDL declined 98.60% to Rs 0.10 crore in the quarter ended June 2017 as against Rs 7.13 crore during the previous quarter ended June 2016. Sales declined 40.38% to Rs 18.63 crore in the quarter ended June 2017 as against Rs 31.25 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales18.6331.25 -40 OPM %8.0033.50 - PBDT0.7010.03 -93 PBT0.599.85 -94 NP0.107.13 -99

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Premier Explosives standalone net profit rises 20.41% in the June 2017 quarter
Aug 18,2017

Net profit of Premier Explosives rose 20.41% to Rs 2.36 crore in the quarter ended June 2017 as against Rs 1.96 crore during the previous quarter ended June 2016. Sales rose 20.65% to Rs 56.90 crore in the quarter ended June 2017 as against Rs 47.16 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales56.9047.16 21 OPM %9.149.18 - PBDT4.473.70 21 PBT3.572.87 24 NP2.361.96 20

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Aarti Drugs consolidated net profit declines 42.76% in the June 2017 quarter
Aug 18,2017

Net profit of Aarti Drugs declined 42.76% to Rs 11.38 crore in the quarter ended June 2017 as against Rs 19.88 crore during the previous quarter ended June 2016. Sales declined 11.40% to Rs 258.26 crore in the quarter ended June 2017 as against Rs 291.50 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales258.26291.50 -11 OPM %13.7116.38 - PBDT26.5338.11 -30 PBT16.7228.49 -41 NP11.3819.88 -43

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