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Optimus Finance reports standalone net profit of Rs 0.19 crore in the September 2016 quarter
Oct 21,2016

Net profit of Optimus Finance reported to Rs 0.19 crore in the quarter ended September 2016 as against net loss of Rs 0.04 crore during the previous quarter ended September 2015. Sales rose 1340.00% to Rs 1.44 crore in the quarter ended September 2016 as against Rs 0.10 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales1.440.10 1340 OPM %14.5810.00 - PBDT0.190.01 1800 PBT0.190.01 1800 NP0.19-0.04 LP

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Wipro consolidated net profit declines 7.61% in the September 2016 quarter
Oct 21,2016

Net profit of Wipro declined 7.61% to Rs 2070.40 crore in the quarter ended September 2016 as against Rs 2241.00 crore during the previous quarter ended September 2015. Sales rose 10.58% to Rs 13896.80 crore in the quarter ended September 2016 as against Rs 12566.80 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales13896.8012566.80 11 OPM %20.0422.10 - PBDT3152.803250.70 -3 PBT2668.102897.90 -8 NP2070.402241.00 -8

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Bombay Wire Ropes reports standalone net loss of Rs 0.05 crore in the September 2016 quarter
Oct 21,2016

Net Loss of Bombay Wire Ropes reported to Rs 0.05 crore in the quarter ended September 2016 as against net loss of Rs 0.05 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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NABARD sanctions Rs 19702 crore loan to NWDA for 50 irrigation projects under Long Term Irrigation Fund (LTIF)
Oct 21,2016

As a sequel to the path breaking initiative announced by Hon ble Union Finance Minister Shri. Arun Jaitley in his Budget speech 2016-17 to set up Long Term Irrigation Fund (LTIF) in National Bank for Agriculture and Rural Development (NABARD), NABARD has sanctioned a loan of Rs 19,702 crore to National Water Development Agency (NWDA), the agency of Ministry of Water Resources, RD & GR, towards central government share in 50 identified irrigation projects from 11 states. This would help create additional irrigation potential of 39.14 lakh hectares under these projects in 11 states.

NABARD handed over the sanction letter of loan amounting to Rs 19,702 crore and a cheque for Rs 1,500 crore towards first instalment of loan disbursement to NWDA Top officials of the Government of India and Directors of the Board of NABARD were present on the occasion.

Loan released by NABARD to NWDA would be disbursed to the respective State Governments as central share in the projects sanctioned.

Speaking on the occasion, Shri Arun Jaitley said that this development was a part of the vision of Honble Prime Minister to double farmers income by 2022, for which providing assured irrigation to farmers was one of the important prerequisites. The loan towards the central share of assistance to state governments will ensure front loading of resources so that the identified incomplete irrigation projects under Pradhan Mandtri Krishi Sinchai Yojna [PMKSY] are executed in time. He further stated that this unique initiative would help complete not only the irrigation structures but also the Command Area Development works which are central to ensuring full utilization of irrigation potential created. He highlighted that the initiative would bring additional 76 lakh ha area under irrigation and to a great extent mitigate water scarcity and drought situations in project areas. He appreciated the initiative of the Ministry of Water Resources, River Development & Ganga Rejuvenation and NABARD and indicated that Ministry of Finance is committed to support this endeavor. He advised the agencies to undertake very close monitoring of the progress of work to ensure timely completion of projects.

Sushree Uma Bharati, Hon ble Minister of Water Resources, River Development and Ganaga Rejuvenation said that she was commited to ensure that the project works are completed by the state governments as scheduled and exhorted them to complete the required formalities in time. She shared the vision of Honble Prime Minister to ensure Har Khet ko Paani and n++Per drop more cropn++ which the Ministry is endeavoring to translate into reality. She emphasized that the irrigation potential would be enhanced through participation of farmers. She also highlighted a strong monitoring mechanism put in place to ensure that the money is effectively utilized.

Dr Harsh Kumar Bhanwala, Chairman, NABARD said that besides supporting the central share component, NABARD would also be extending 15 year loan support to the willing state governments at reasonable rate of interest to meet their share in the identified irrigation projects. The total fund requirement is expected to be of the order of Rs 78, 535 crore in the next four years up to 2020, with the shares of the central and state governments at Rs 31,342 crore and Rs 46,253 crore, respectively. He said that through LTIF the irrigation potential in the country was expected to go up by 11.50 % in the next four years.

Shri Shashi Shekhar, Secretary, Ministry of Water Resources, River Development and Ganaga Rejuvenation informed that the programme will be implemented in a Mission mode and the ministry was gearing up for very close monitoring of this massive programme.

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Equitas Holdings consolidated net profit rises 16.08% in the September 2016 quarter
Oct 21,2016

Net profit of Equitas Holdings rose 16.08% to Rs 46.35 crore in the quarter ended September 2016 as against Rs 39.93 crore during the previous quarter ended September 2015. Sales rose 37.74% to Rs 355.40 crore in the quarter ended September 2016 as against Rs 258.02 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales355.40258.02 38 OPM %58.5865.03 - PBDT91.0065.36 39 PBT84.7661.73 37 NP46.3539.93 16

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Onward Technologies standalone net profit rises 11.18% in the September 2016 quarter
Oct 21,2016

Net profit of Onward Technologies rose 11.18% to Rs 1.79 crore in the quarter ended September 2016 as against Rs 1.61 crore during the previous quarter ended September 2015. Sales rose 2.72% to Rs 24.51 crore in the quarter ended September 2016 as against Rs 23.86 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales24.5123.86 3 OPM %5.0612.03 - PBDT2.722.44 11 PBT1.791.61 11 NP1.791.61 11

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GMM Pfaudler standalone net profit rises 37.77% in the September 2016 quarter
Oct 21,2016

Net profit of GMM Pfaudler rose 37.77% to Rs 6.31 crore in the quarter ended September 2016 as against Rs 4.58 crore during the previous quarter ended September 2015. Sales rose 15.99% to Rs 62.38 crore in the quarter ended September 2016 as against Rs 53.78 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales62.3853.78 16 OPM %17.3914.71 - PBDT11.238.52 32 PBT9.366.82 37 NP6.314.58 38

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Nalin Lease Finance standalone net profit rises 155.56% in the September 2016 quarter
Oct 21,2016

Net profit of Nalin Lease Finance rose 155.56% to Rs 0.23 crore in the quarter ended September 2016 as against Rs 0.09 crore during the previous quarter ended September 2015. Sales rose 20.00% to Rs 0.48 crore in the quarter ended September 2016 as against Rs 0.40 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.480.40 20 OPM %43.7512.50 - PBDT0.230.09 156 PBT0.230.09 156 NP0.230.09 156

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Wipro standalone net profit declines 10.26% in the September 2016 quarter
Oct 21,2016

Net profit of Wipro declined 10.26% to Rs 1932.10 crore in the quarter ended September 2016 as against Rs 2153.10 crore during the previous quarter ended September 2015. Sales rose 3.78% to Rs 11453.80 crore in the quarter ended September 2016 as against Rs 11036.90 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales11453.8011036.90 4 OPM %19.4022.41 - PBDT2774.402973.30 -7 PBT2514.702766.30 -9 NP1932.102153.10 -10

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Rane Engine Valve reports standalone net profit of Rs 61.93 crore in the September 2016 quarter
Oct 21,2016

Net profit of Rane Engine Valve reported to Rs 61.93 crore in the quarter ended September 2016 as against net loss of Rs 12.51 crore during the previous quarter ended September 2015. Sales rose 4.06% to Rs 89.28 crore in the quarter ended September 2016 as against Rs 85.80 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales89.2885.80 4 OPM %0.880.64 - PBDT-0.74-2.16 66 PBT-7.76-8.96 13 NP61.93-12.51 LP

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Simplex Realty reports standalone net loss of Rs 0.73 crore in the September 2016 quarter
Oct 21,2016

Net Loss of Simplex Realty reported to Rs 0.73 crore in the quarter ended September 2016 as against net loss of Rs 0.05 crore during the previous quarter ended September 2015. Sales rose 12.71% to Rs 2.66 crore in the quarter ended September 2016 as against Rs 2.36 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales2.662.36 13 OPM %-72.18-77.97 - PBDT-0.81-0.04 -1925 PBT-0.84-0.10 -740 NP-0.73-0.05 -1360

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Kirloskar Oil Engines standalone net profit rises 17.14% in the September 2016 quarter
Oct 21,2016

Net profit of Kirloskar Oil Engines rose 17.14% to Rs 42.58 crore in the quarter ended September 2016 as against Rs 36.35 crore during the previous quarter ended September 2015. Sales rose 12.75% to Rs 650.13 crore in the quarter ended September 2016 as against Rs 576.59 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales650.13576.59 13 OPM %11.389.02 - PBDT91.1469.09 32 PBT63.7442.38 50 NP42.5836.35 17

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V-Guard Industries standalone net profit rises 69.99% in the September 2016 quarter
Oct 21,2016

Net profit of V-Guard Industries rose 69.99% to Rs 39.20 crore in the quarter ended September 2016 as against Rs 23.06 crore during the previous quarter ended September 2015. Sales rose 14.40% to Rs 493.20 crore in the quarter ended September 2016 as against Rs 431.11 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales493.20431.11 14 OPM %10.808.46 - PBDT56.5235.95 57 PBT52.5732.11 64 NP39.2023.06 70

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Alka Diamond Industries reports standalone nil net profit/loss in the September 2016 quarter
Oct 21,2016

Alka Diamond Industries reported no net profit/loss in the quarter ended September 2016 and during the previous quarter ended September 2015. Sales reported to Rs 0.50 crore in the quarter ended September 2016. There were no Sales reported during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales0.500 0 OPM %00 - PBDT00 0 PBT00 0 NP00 0

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Equitas Holdings standalone net profit rises 112.07% in the September 2016 quarter
Oct 21,2016

Net profit of Equitas Holdings rose 112.07% to Rs 1.23 crore in the quarter ended September 2016 as against Rs 0.58 crore during the previous quarter ended September 2015. Sales rose 51.56% to Rs 3.41 crore in the quarter ended September 2016 as against Rs 2.25 crore during the previous quarter ended September 2015.

ParticularsQuarter Endedn++Sep. 2016Sep. 2015% Var. Sales3.412.25 52 OPM %70.0959.11 - PBDT2.391.33 80 PBT2.051.12 83 NP1.230.58 112

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