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Steel Strips Wheels announces sales performance
May 02,2017

Steel Strips Wheels has achieved total wheel rim sales of 11.50 lakh compared to 11.93 lakh in April 2017, representing a YoY drop of 3.6%. The drop was majorly due to the commercial vehicle volume adjustment for BS-IV, which is expected to pick up in May 2017 onwards, the production started picking up from mid April 2017.

In terms of value, net turnover stood at Rs 102.14 crore in April 2017 compared to Rs 109.62 crore in April 2016, recording a drop of 6.8%.

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Eicher Motors announces sales performance of subsidiary - VE Commercial Vehicles
May 02,2017

Eicher Motors announced the sales performance of its subsidiary, VE Commercial Vehicles for the month of April 2017.

Total sales stood at 3089 units in April 2017 compared to 5365 units in April 2016.

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Escorts announces appointment of Group HR Head
May 02,2017

Escorts has appointed Amanppreet Singh Bhatia as Group HR Head with immediate effect in place of Ishan Mehta.

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Escorts announces tractors sales performance
May 02,2017

Escorts announced that Agri Machinery Segment (EAM) in April 2017 sold 4,760 tractors in domestic market growth of 18% against 4,048 tractors in April 2016.

Export for the month of April 2017 at 139 tractors up by 266 % against 38 tractors in April 2016.

Total (Domestic + Exports) tractor sales in April 2017 at 4,899 tractors up by 20% against 4,086 tractors in April 2016.

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Dabur India consolidated net profit rises 0.49% in the March 2017 quarter
May 02,2017

Net profit of Dabur India rose 0.49% to Rs 333.11 crore in the quarter ended March 2017 as against Rs 331.48 crore during the previous quarter ended March 2016. Sales declined 4.75% to Rs 1914.68 crore in the quarter ended March 2017 as against Rs 2010.06 crore during the previous quarter ended March 2016.

For the full year,net profit rose 2.06% to Rs 1276.94 crore in the year ended March 2017 as against Rs 1251.15 crore during the previous year ended March 2016. Sales declined 2.13% to Rs 7701.44 crore in the year ended March 2017 as against Rs 7868.77 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales1914.682010.06 -5 7701.447868.77 -2 OPM %21.8120.66 -19.5919.30 - PBDT470.94455.86 3 1753.261686.99 4 PBT431.40420.10 3 1610.401553.80 4 NP333.11331.48 0 1276.941251.15 2

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Maruti scales record high after good monthly sales
May 02,2017

The announcement was made on Monday, 1 May 2017, when domestic stock markets remained closed for a local holiday.

Meanwhile, the S&P BSE Sensex was up 111.72 points or 0.37% at 30,030.12.

On the BSE, 13,000 shares were traded on the counter so far as against the average daily volumes of 52,037 shares in the past one quarter. The stock hit a high of Rs 6,700 in intraday trade so far, which is record high for the counter. The stock hit a low of Rs 6,625 so far during the day. The stock had hit a 52-week low of Rs 3,730 on 29 April 2016.

The large-cap company has equity capital of Rs 151.04 crore. Face value per share is Rs 5.

Maruti Suzuki Indias domestic sales grew by 23.4% to 1.44 lakh units in April 2017 over April 2016. Exports declined 29.4% to 6,723 units in April 2017 over April 2016.

Maruti Suzuki Indias net profit rose 15.8% to Rs 1709 crore on 20.3% growth in net sales to Rs 18005.20 crore in Q4 March 2017 over Q4 March 2016. The result was announced during market hours on 27 April 2017.

Maruti Suzuki India is Indias biggest car maker in terms of market share. Japanese parent Suzuki Motor Corporation currently holds 56.21% stake in Maruti Suzuki India (as per the shareholding pattern as on 31 March 2017).

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VTM reports standalone net loss of Rs 0.34 crore in the March 2017 quarter
May 02,2017

Net Loss of VTM reported to Rs 0.34 crore in the quarter ended March 2017 as against net loss of Rs 0.25 crore during the previous quarter ended March 2016. Sales rose 8.51% to Rs 43.60 crore in the quarter ended March 2017 as against Rs 40.18 crore during the previous quarter ended March 2016.

For the full year,net profit rose 7.62% to Rs 10.03 crore in the year ended March 2017 as against Rs 9.32 crore during the previous year ended March 2016. Sales declined 3.96% to Rs 146.26 crore in the year ended March 2017 as against Rs 152.29 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales43.6040.18 9 146.26152.29 -4 OPM %1.812.96 -7.459.25 - PBDT9.313.52 164 26.0618.99 37 PBT6.962.23 212 18.7713.83 36 NP-0.34-0.25 -36 10.039.32 8

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Sky Industries consolidated net profit declines 9.80% in the March 2017 quarter
May 02,2017

Net profit of Sky Industries declined 9.80% to Rs 0.46 crore in the quarter ended March 2017 as against Rs 0.51 crore during the previous quarter ended March 2016. Sales declined 5.30% to Rs 12.69 crore in the quarter ended March 2017 as against Rs 13.40 crore during the previous quarter ended March 2016.

For the full year,net profit declined 39.68% to Rs 0.76 crore in the year ended March 2017 as against Rs 1.26 crore during the previous year ended March 2016. Sales declined 6.06% to Rs 48.39 crore in the year ended March 2017 as against Rs 51.51 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales12.6913.40 -5 48.3951.51 -6 OPM %6.302.54 -7.966.66 - PBDT0.790.15 427 2.921.89 54 PBT0.56-0.07 LP 2.030.98 107 NP0.460.51 -10 0.761.26 -40

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Dabur India standalone net profit rises 5.26% in the March 2017 quarter
May 02,2017

Net profit of Dabur India rose 5.26% to Rs 302.23 crore in the quarter ended March 2017 as against Rs 287.14 crore during the previous quarter ended March 2016. Sales rose 0.13% to Rs 1434.80 crore in the quarter ended March 2017 as against Rs 1432.97 crore during the previous quarter ended March 2016.

For the full year,net profit rose 6.52% to Rs 998.33 crore in the year ended March 2017 as against Rs 937.26 crore during the previous year ended March 2016. Sales declined 0.97% to Rs 5369.84 crore in the year ended March 2017 as against Rs 5422.57 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales1434.801432.97 0 5369.845422.57 -1 OPM %24.9824.02 -20.7020.25 - PBDT413.55389.25 6 1369.781282.18 7 PBT392.23369.19 6 1294.351209.35 7 NP302.23287.14 5 998.33937.26 7

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Sree Rayalaseema Alkalies & Allied Chemicals standalone net profit rises 166.37% in the March 2017 quarter
May 02,2017

Net profit of Sree Rayalaseema Alkalies & Allied Chemicals rose 166.37% to Rs 5.94 crore in the quarter ended March 2017 as against Rs 2.23 crore during the previous quarter ended March 2016. Sales rose 11.11% to Rs 230.26 crore in the quarter ended March 2017 as against Rs 207.23 crore during the previous quarter ended March 2016.

For the full year,net profit declined 20.39% to Rs 19.44 crore in the year ended March 2017 as against Rs 24.42 crore during the previous year ended March 2016. Sales rose 13.93% to Rs 866.12 crore in the year ended March 2017 as against Rs 760.25 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales230.26207.23 11 866.12760.25 14 OPM %13.4512.53 -15.0414.06 - PBDT24.4215.72 55 89.1374.11 20 PBT12.456.43 94 42.5238.64 10 NP5.942.23 166 19.4424.42 -20

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Alicon Castalloy consolidated net profit rises 10.41% in the March 2017 quarter
May 02,2017

Net profit of Alicon Castalloy rose 10.41% to Rs 8.91 crore in the quarter ended March 2017 as against Rs 8.07 crore during the previous quarter ended March 2016. Sales rose 4.91% to Rs 203.15 crore in the quarter ended March 2017 as against Rs 193.65 crore during the previous quarter ended March 2016.

For the full year,net profit rose 16.73% to Rs 26.17 crore in the year ended March 2017 as against Rs 22.42 crore during the previous year ended March 2016. Sales rose 3.04% to Rs 764.42 crore in the year ended March 2017 as against Rs 741.89 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales203.15193.65 5 764.42741.89 3 OPM %12.3712.76 -11.3610.52 - PBDT19.4218.03 8 64.0658.90 9 PBT12.7712.02 6 36.7632.24 14 NP8.918.07 10 26.1722.42 17

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Indus Finance reports standalone net loss of Rs 0.25 crore in the March 2017 quarter
May 02,2017

Net loss of Indus Finance reported to Rs 0.25 crore in the quarter ended March 2017 as against net profit of Rs 0.12 crore during the previous quarter ended March 2016. Sales rose 103.08% to Rs 1.32 crore in the quarter ended March 2017 as against Rs 0.65 crore during the previous quarter ended March 2016.

For the full year,net profit declined 89.39% to Rs 0.07 crore in the year ended March 2017 as against Rs 0.66 crore during the previous year ended March 2016. Sales declined 22.37% to Rs 3.40 crore in the year ended March 2017 as against Rs 4.38 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales1.320.65 103 3.404.38 -22 OPM %-9.8553.85 -22.9465.30 - PBDT-0.63-0.18 -250 0.140.95 -85 PBT-0.64-0.18 -256 0.120.93 -87 NP-0.250.12 PL 0.070.66 -89

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M B Parikh Finstock reports standalone net loss of Rs 0.11 crore in the March 2017 quarter
May 02,2017

Net Loss of M B Parikh Finstock reported to Rs 0.11 crore in the quarter ended March 2017 as against net loss of Rs 0.15 crore during the previous quarter ended March 2016. Sales declined 38.24% to Rs 0.21 crore in the quarter ended March 2017 as against Rs 0.34 crore during the previous quarter ended March 2016.

For the full year,net profit declined 7.69% to Rs 0.12 crore in the year ended March 2017 as against Rs 0.13 crore during the previous year ended March 2016. Sales declined 8.65% to Rs 0.95 crore in the year ended March 2017 as against Rs 1.04 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales0.210.34 -38 0.951.04 -9 OPM %-28.57-35.29 -24.2121.15 - PBDT-0.06-0.12 50 0.220.21 5 PBT-0.09-0.14 36 0.140.15 -7 NP-0.11-0.15 27 0.120.13 -8

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Sky Industries standalone net profit declines 9.80% in the March 2017 quarter
May 02,2017

Net profit of Sky Industries declined 9.80% to Rs 0.46 crore in the quarter ended March 2017 as against Rs 0.51 crore during the previous quarter ended March 2016. Sales declined 5.30% to Rs 12.69 crore in the quarter ended March 2017 as against Rs 13.40 crore during the previous quarter ended March 2016.

For the full year,net profit declined 39.68% to Rs 0.76 crore in the year ended March 2017 as against Rs 1.26 crore during the previous year ended March 2016. Sales declined 6.06% to Rs 48.39 crore in the year ended March 2017 as against Rs 51.51 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales12.6913.40 -5 48.3951.51 -6 OPM %6.302.54 -7.966.66 - PBDT0.790.15 427 2.921.89 54 PBT0.56-0.07 LP 2.030.98 107 NP0.460.51 -10 0.761.26 -40

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Morepen Laboratories standalone net profit rises 161.01% in the March 2017 quarter
May 02,2017

Net profit of Morepen Laboratories rose 161.01% to Rs 7.23 crore in the quarter ended March 2017 as against Rs 2.77 crore during the previous quarter ended March 2016. Sales rose 15.66% to Rs 142.95 crore in the quarter ended March 2017 as against Rs 123.59 crore during the previous quarter ended March 2016.

For the full year,net profit rose 46.01% to Rs 23.04 crore in the year ended March 2017 as against Rs 15.78 crore during the previous year ended March 2016. Sales rose 18.69% to Rs 537.04 crore in the year ended March 2017 as against Rs 452.46 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear Endedn++Mar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var. Sales142.95123.59 16 537.04452.46 19 OPM %9.8514.52 -11.1514.19 - PBDT15.6215.94 -2 56.6054.96 3 PBT7.237.17 1 23.0420.04 15 NP7.232.77 161 23.0415.78 46

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