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Dish TV India standalone net profit declines 52.11% in the September 2016 quarter
Oct 28,2016

Net profit of Dish TV India declined 52.11% to Rs 51.20 crore in the quarter ended September 2016 as against Rs 106.92 crore during the previous quarter ended September 2015. Sales declined 14.43% to Rs 511.73 crore in the quarter ended September 2016 as against Rs 598.02 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales511.73598.02 -14 OPM %21.4920.72 - PBDT97.29121.26 -20 PBT78.40106.92 -27 NP51.20106.92 -52

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NTPC standalone net profit declines 17.87% in the September 2016 quarter
Oct 28,2016

Net profit of NTPC declined 17.87% to Rs 2495.97 crore in the quarter ended September 2016 as against Rs 3039.23 crore during the previous quarter ended September 2015. Sales rose 8.41% to Rs 19241.47 crore in the quarter ended September 2016 as against Rs 17748.23 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales19241.4717748.23 8 OPM %28.0223.19 - PBDT4692.173601.40 30 PBT3258.022312.68 41 NP2495.973039.23 -18

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Westlife Development reports standalone net loss of Rs 0.02 crore in the September 2016 quarter
Oct 28,2016

Net Loss of Westlife Development reported to Rs 0.02 crore in the quarter ended September 2016 as against net loss of Rs 0.08 crore during the previous quarter ended September 2015. There were no Sales reported in the quarter ended September 2016 and during the previous quarter ended September 2015.

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Subros standalone net profit declines 29.97% in the September 2016 quarter
Oct 28,2016

Net profit of Subros declined 29.97% to Rs 4.30 crore in the quarter ended September 2016 as against Rs 6.14 crore during the previous quarter ended September 2015. Sales rose 35.75% to Rs 437.12 crore in the quarter ended September 2016 as against Rs 322.00 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales437.12322.00 36 OPM %10.7212.07 - PBDT36.8428.58 29 PBT15.256.92 120 NP4.306.14 -30

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Crop-Specific Infrastructure Creation Scheme Soon - Food Processing Minister
Oct 28,2016

A scheme for crop specific infrastructure creation is to be introduced shortly, stated Harsimrat Kaur Badal, Minister of Food Processing Industries, at the 6th Cold Chain Summit organized by the Confederation of Indian Industry (CII) in association with the Ministry of Food Processing Industries, Ministry of Agriculture and National Center for Cold Chain Development (NCCD).

The Minister said that the scheme would enable farmers to become entrepreneurs and start their own food processing or cold chain transportation ventures. Cold chain development would contribute to the target of doubling farmers incomes, reduce waste, and strengthen the agri supply chains.

Badal added that with FDI in place, farm produce could be directly linked with retail outlets. She suggested creation of FPOs (Farmer Producer Organisation) for crop specific clusters for top agri and horticultural produce in the states. The Minister asked CII to create a task force to link these FPOs to Industry.

S.K. Pattanayak, Secretary, Ministry of Agriculture, urged more investments in the agriculture sector and highlighted the necessity for cold chains. He added that the Government has several schemes for post harvest management and development, including cold chains.

J P Meena, Additional Secretary, MoFPI, outlined the impact of the GST regime on the food sector and associated cold chain infrastructure. He urged industry to adapt to the impending changing regime to maximize efficiencies.

T. Nanda Kumar, Former Chairman National Dairy Development Board (NDDB), Chairman-CII Jury Cold Chain Awards, called for right infrastructure support to the food processing industry. The industry needs better quality raw material both in terms of intrinsic quality and in terms of food safety. He also urged for the need of business models which are purely not price arbitrage, but will give larger benefits to farmers and which will reduce wastage and increase turnover.

Pawanexh Kohli, Chief Executive Officer and Chief Advisor, National Centre for Cold Chain Development, stated the need to increase farmers opportunity to sell more, and linking them to more markets.

Chandrajit Banerjee, Director General, Confederation of Indian Industry, mentioned that CII has been working on building a strong service portfolio in cold chain and will continue to engage in training and capacity building activities, promote partnerships to strengthen the cold chain infrastructure in the country, and develop post- harvest management protocols as avenues for strengthening crop - specific cold chain infrastructure.

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EMCO allots equity shares
Oct 28,2016

EMCO announced that the ESOP Committee of the Board of Directors of the Company, at its/ meeting held on 28 October 2016 wherein the ESOP Committee has allotted 1,99,998 (One Lakh Ninety Nine Thousand Nine Hundred and Ninety Eight) Equity Shares to the employees under its Employee Stock Option Scheme, 2011 pursuant to exercise of ESOPs.

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EMCO allots equity shares
Oct 28,2016

EMCO announced that the ESOP Committee of the Board of Directors of the Company, at its/ meeting held on 28 October 2016 wherein the ESOP Committee has allotted 1,99,998 (One Lakh Ninety Nine Thousand Nine Hundred and Ninety Eight) Equity Shares to the employees under its Employee Stock Option Scheme, 2011 pursuant to exercise of ESOPs.

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Somany Ceramics issues commercial paper aggregating Rs 15 cr
Oct 28,2016

Somany Ceramics has issued Commercial paper of Rs. 15 crore value dated 28 October 2016 having maturity on 27 December 2016.

The aforesaid issuance of commercial paper is to reduce high interest bearing cash credit limits and in turn reducing cost of borrowing.

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Surya Roshni gets assigned credit ratings
Oct 28,2016

Surya Roshni announced that ICRA Credit Rating has assigned (ICRA)A1+(SO) (Pronounced as ICRA A one plus Structured Obligation) rating to the enhanced amount of Rs. 70 crore (from Rs. 130 crore to Rs. 200 crore) for Commercial Paper Programme of Surya Roshni.

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Facor Alloys provides operations update
Oct 28,2016

Facor Alloys announced that the Company has restarted operation of two furnaces for production of High Carbon Ferro Chrome at the Companys plant from 28 October 2016.

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Strides Shasun consolidated net profit rises 106.90% in the September 2016 quarter
Oct 28,2016

Net profit of Strides Shasun rose 106.90% to Rs 74.09 crore in the quarter ended September 2016 as against Rs 35.81 crore during the previous quarter ended September 2015. Sales rose 36.26% to Rs 922.17 crore in the quarter ended September 2016 as against Rs 676.76 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales922.17676.76 36 OPM %16.7615.44 - PBDT135.15122.72 10 PBT88.4086.29 2 NP74.0935.81 107

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Grasim Industries consolidated net profit rises 145.41% in the September 2016 quarter
Oct 28,2016

Net profit of Grasim Industries rose 145.41% to Rs 1052.11 crore in the quarter ended September 2016 as against Rs 428.72 crore during the previous quarter ended September 2015. Sales rose 2.69% to Rs 8292.76 crore in the quarter ended September 2016 as against Rs 8075.48 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales8292.768075.48 3 OPM %21.5417.58 - PBDT1988.131484.23 34 PBT1538.991027.68 50 NP1052.11428.72 145

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Carborundum Universal consolidated net profit rises 17.49% in the September 2016 quarter
Oct 28,2016

Net profit of Carborundum Universal rose 17.49% to Rs 46.68 crore in the quarter ended September 2016 as against Rs 39.73 crore during the previous quarter ended September 2015. Sales rose 7.11% to Rs 512.98 crore in the quarter ended September 2016 as against Rs 478.93 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales512.98478.93 7 OPM %16.2614.96 - PBDT85.8481.67 5 PBT61.9060.11 3 NP46.6839.73 17

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Prime Property Development Corporation reports standalone net profit of Rs 1.56 crore in the September 2016 quarter
Oct 28,2016

Net profit of Prime Property Development Corporation reported to Rs 1.56 crore in the quarter ended September 2016 as against net loss of Rs 1.67 crore during the previous quarter ended September 2015. There were no Sales reported in the quarter ended September 2016 and during the previous quarter ended September 2015.

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Bajaj Auto standalone net profit rises 6.69% in the September 2016 quarter
Oct 28,2016

Net profit of Bajaj Auto rose 6.69% to Rs 1122.75 crore in the quarter ended September 2016 as against Rs 1052.37 crore during the previous quarter ended September 2015. Sales declined 0.23% to Rs 5949.32 crore in the quarter ended September 2016 as against Rs 5962.77 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales5949.325962.77 0 OPM %21.7922.08 - PBDT1637.471584.35 3 PBT1560.521506.34 4 NP1122.751052.37 7

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