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Excel Industries to announce Quarterly Result
Jul 24,2017

Excel Industries will hold a meeting of the Board of Directors of the Company on 3 August 2017, to approve the Unaudited Financial Results of the Company for the quarter ended 30th June, 2017.

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Mangalore Refinery And Petrochemicals to convene AGM
Jul 24,2017

Mangalore Refinery And Petrochemicals announced that the 29th Annual General Meeting (AGM) of the company will be held on 19 August 2017.

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Classic Leasing & Finance schedules board meeting
Jul 24,2017

Classic Leasing & Finance will hold a meeting of the Board of Directors of the Company on 31 July 2017, to consider and to take on record the Un-Audited Financial Results of the Company for the quarter ended 30 June 2017

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Board of Zee Entertainment Enterprises approves composite scheme of arrangement and amalgamation
Jul 24,2017

The Board of Directors of Zee Entertainment Enterprises at its meeting held on 24 July 2017 has approved a proposal for restructuring of businesses of certain domestic wholly owned subsidiaries through a composite scheme of arrangement and amalgamation inter alia for

- Demerger of Digital Media and Entertainment Business undertaking from Zee Digital Convergence, vesting with the Company.

- Demerger of Advertising Sales Media Business undertaking from Zee Unimedia, vesting with the Company.

- Demerger of Online Media Business undertaking from India Webportal, vesting with the Company.

- Amalgamation of Sarthak Entertainment with the Company, with effect from appointed date of 01 April 2017.

Since the Corportate Restructuring involves the Company and its wholly owned subsidiaries, the Scheme does not provide any consideration for the demerger / amalgamation proposed in the scheme.

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Rupee closes lower
Jul 24,2017

Rupee closed lower at 64.3750/3825 per dollar on Monday (24 July 2017), versus its previous close of 64.3575/3600 per dollar last Friday.

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PPP Projects at Mormugao Port Trust
Jul 24,2017

The Mormugao Port Trust has two PPP projects under operation. These are (i) Multipurpose General Cargo Berth at Berth No. 5 & 6 operated by South West Port Ltd. and (ii) Coal Handling Terminal at Berth No. 7 operated by Adani Mormugao Port Terminal Pvt. Ltd. The outlay of each project is as follows:

S.No

Project

Project Cost

(i)

Multipurpose General Cargo Berth at Berth No. 5 & 6

Rs. 245 Cr.

(ii)

Coal Handling Terminal at Berth No. 7

Rs. 406 Cr.

The nature of agreement and main clauses under the PPP

S.No.

Project

Nature of Agreement

Main Clause

(i)

Multipurpose General Cargo Berth at Berth No. 5 & 6

License Agreement

i.        Minimum Guarantee Throughput (MGT) of 5 MMTPA effective from 66th month onwards from the date of handing over of the Licensed Premises.
ii.      Revenue share of 18% on gross revenue.

(ii)

Coal Handling Terminal at Berth No. 7

Concession Agreement

i. MGT fixed for the concessionaire is as under:
Year 1      0.8 MMTPA
Year 2      1.1 MMTPA
Year 3      1.4 MMTPA
Year 4      1.7 MMTPA
Year 5      2.0 MMTPA
onwards
ii. Revenue share of 20% on gross revenue.

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Outcome of board meeting of Zee Entertainment Enterprises
Jul 24,2017

Zee Entertainment Enterprises announced that the Board of Directors of the Company at its meeting held on 24 July 2017 has transacted the following -

Approved the appointment of Bharat Kedia as CFO of the Company with effect from 01 August 2017 in place of Mihir Modi, who will be moving to new roles in the Company.

Approved allotment of 39,49,105 6% Unlisted Cumulative Redeemable Non Convertible Preference Shares of Rs 10 each to the equity and preference shareholders of Reliance Big Broadcasting, Big Magic and Azalia Broadcast in pursuance of a composite scheme of arrangement.

The Board has also approved a corporate restructuring proposal relating to domestic subsidiaries of the Company.

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Navkar Corporation consolidated net profit declines 7.66% in the June 2017 quarter
Jul 24,2017

Net profit of Navkar Corporation declined 7.66% to Rs 21.71 crore in the quarter ended June 2017 as against Rs 23.51 crore during the previous quarter ended June 2016. Sales rose 9.56% to Rs 98.83 crore in the quarter ended June 2017 as against Rs 90.21 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales98.8390.21 10 OPM %39.4639.32 - PBDT33.0031.41 5 PBT27.5626.24 5 NP21.7123.51 -8

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Indiabulls Housing Finance consolidated net profit rises 25.10% in the June 2017 quarter
Jul 24,2017

Net profit of Indiabulls Housing Finance rose 25.10% to Rs 788.22 crore in the quarter ended June 2017 as against Rs 630.06 crore during the previous quarter ended June 2016. Sales rose 24.62% to Rs 2955.99 crore in the quarter ended June 2017 as against Rs 2371.98 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales2955.992371.98 25 OPM %86.9687.08 - PBDT1067.46880.05 21 PBT1059.99875.02 21 NP788.22630.06 25

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JM Financial consolidated net profit rises 48.90% in the June 2017 quarter
Jul 24,2017

Net profit of JM Financial rose 48.90% to Rs 128.19 crore in the quarter ended June 2017 as against Rs 86.09 crore during the previous quarter ended June 2016. Sales rose 53.74% to Rs 655.03 crore in the quarter ended June 2017 as against Rs 426.07 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales655.03426.07 54 OPM %82.1182.64 - PBDT276.20176.39 57 PBT269.84171.09 58 NP128.1986.09 49

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Wendt India consolidated net profit declines 35.41% in the June 2017 quarter
Jul 24,2017

Net profit of Wendt India declined 35.41% to Rs 2.28 crore in the quarter ended June 2017 as against Rs 3.53 crore during the previous quarter ended June 2016. Sales declined 1.47% to Rs 32.83 crore in the quarter ended June 2017 as against Rs 33.32 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales32.8333.32 -1 OPM %14.4719.60 - PBDT5.316.90 -23 PBT2.724.54 -40 NP2.283.53 -35

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Indiabulls Housing Finance standalone net profit rises 17.17% in the June 2017 quarter
Jul 24,2017

Net profit of Indiabulls Housing Finance rose 17.17% to Rs 734.05 crore in the quarter ended June 2017 as against Rs 626.48 crore during the previous quarter ended June 2016. Sales rose 20.88% to Rs 2789.29 crore in the quarter ended June 2017 as against Rs 2307.54 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales2789.292307.54 21 OPM %87.9488.13 - PBDT995.38868.16 15 PBT989.12863.41 15 NP734.05626.48 17

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Natural Vanaspati reports standalone net loss of Rs 0.17 crore in the June 2017 quarter
Jul 24,2017

Net Loss of Natural Vanaspati reported to Rs 0.17 crore in the quarter ended June 2017 as against net loss of Rs 0.32 crore during the previous quarter ended June 2016. Sales rose 475.00% to Rs 0.69 crore in the quarter ended June 2017 as against Rs 0.12 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales0.690.12 475 OPM %7.250 - PBDT0.050 0 PBT-0.17-0.32 47 NP-0.17-0.32 47

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Wendt India standalone net profit declines 55.87% in the June 2017 quarter
Jul 24,2017

Net profit of Wendt India declined 55.87% to Rs 1.09 crore in the quarter ended June 2017 as against Rs 2.47 crore during the previous quarter ended June 2016. Sales declined 0.11% to Rs 27.81 crore in the quarter ended June 2017 as against Rs 27.84 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales27.8127.84 0 OPM %12.4418.82 - PBDT3.885.61 -31 PBT1.383.34 -59 NP1.092.47 -56

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JM Financial standalone net profit rises 1103.03% in the June 2017 quarter
Jul 24,2017

Net profit of JM Financial rose 1103.03% to Rs 91.43 crore in the quarter ended June 2017 as against Rs 7.60 crore during the previous quarter ended June 2016. Sales rose 18.84% to Rs 12.68 crore in the quarter ended June 2017 as against Rs 10.67 crore during the previous quarter ended June 2016.

ParticularsQuarter Endedn++Jun. 2017Jun. 2016% Var. Sales12.6810.67 19 OPM %61.7572.73 - PBDT91.257.89 1057 PBT91.097.73 1078 NP91.437.60 1103

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