Strides Shasun reports Q1 consolidated net profit at Rs26 cr
Strides Shasun has announced the following Q1 results for the
quarter ended June 30, 2016
Standalone
The Company has posted a net profit of Rs27.18 crore Vs Rs14.51
crore.
Total Income increased to Rs549.47 crore Vs Rs525.01 crore.
Tree House rallies as board approves merger with Zee Learn
Shares of Tree House surged 15% to Rs36.35 on NSE in an otherwise
weak market after the board approved revised merger scheme with Zee Learn.
Tree House shareholders will get one share of Zee Learn for each
share in company.
BHEL bags order worth Rs169 crore on EPC basis
BHEL won orders worth Rs169 crore for setting up 30 MW of solar PV
power plant on EPC basis.
The value of the order is very small considering the size of the
company but the solar order trend is increasing gradually.
JK Lakshmi gets green signal for expansion project
JK Lakshmi Cement has received environment clearance for expansion
of its limestone mine output in Rajasthan, entailing an investment of Rs120
crore, as per reports.
The company's proposal was to enhance the production capacity of
its limestone mine located in Sirohi district from 8 million tonnes per annum
(MTPA) to 13 MTPA. The mined limestone will be supplied to a cement plant in
Sirohi.
Just Dial Q1 net profit up 8% (YoY)
Just Dial has announced the following Q1 Unaudited Standalone
results for the quarter ended June 30, 2016 (YoY):
Net Profit rose by 7.98% to Rs38.93 crore Vs Rs36.05 crore (YoY).
Total Income increased by 14.06% to Rs204.95 crore Vs Rs179.68
crore (YoY).
PAT at Rs38.9 crore vs Rs36.1 crore, up 8% (YoY).
EBITDA at Rs29.3 crore vs Rs45.2 crore, down 35.2% (YoY).
EBITDA Margin at 16.6% vs 27.2% (YoY).
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