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Cochin Shipyard and Hooghly Dock & Port Engineers’ (HDPEL) Joint Venture (JV) Company -- Hooghly Cochin Shipyard (HCSL) has conducted a Ground-breaking ceremony of the construction of New Yard at HCSL at Nazirgunge in Kolkata on February 16, 2019.

Cochin Shipyard is the first Greenfield and presently the most modern shipbuilding and ship repair yard in India. The company caters to clients engaged in India’s defence segment and global commercial shipping sector.

Prozone Intu Properties’ subsidiaries -- Empire Mall and Alliance Mall Developers have won ‘Shopping Center of the Year Non Metro West & South’ at the ET Now Global Awards for Retail Excellence, held on February 13, 2019 in Mumbai. Prozone Malls at Aurangabad and Coimbatore being operated through these subsidiaries.

Prozone Intu Properties is specialist retail and residential led mixed use real estate developer, harnessing Intu Properties Plc (INTU) experience as UK’s largest retail real estate developer combined with Prozone in-depth knowledge of the Indian retail marketplace.

The Reserve Bank has warned Yes Bank of regulatory action for disclosure of nil divergence report in violation of the confidentiality clause. The RBI has not found any divergence in the asset classification and provisioning done by the lender during 2017-18.

Risk Assessment Report (RAR) identifies several other lapses and regulatory breaches in various areas of the bank's functioning and the disclosure of just one part of the RAR is viewed by RBI as a deliberate attempt to mislead the public.

Yes Bank is engaged in providing banking services, including corporate and institutional banking, financial markets, investment banking, corporate finance, branch banking, business and transaction banking, and wealth management.

Housing and Urban Development Corporation (HUDCO) has raised funds of Rs 2563.10 crore through Issue of Government of India Fully Serviced, Unsecured, Taxable HUDCO Bonds Series - IV 2018 and the proceeds has been fully utilized for lending to Building Materials and Technology Promotion Council (BMTPC), an autonomous body of Ministry of Housing and Urban Affairs  MoHUA.

The company has raised funds for Pradhan Mantri Awas Yojana under MoHUA in FY 2018-19. The coupon rate is 8.58% for tenure of 10 years.

HUDCO finances social housing and residential real estate through primarily lending to State Governments and their agencies, which, in turn, extend the finance to or utilise the finance for the ultimate individual beneficiaries.

Paramount Communications has bagged orders worth Rs 69.53 crore from Kerala State Electricity Board, Kerala. The order is for supply of HT & LT Aerial Bunch Cables, with a delivery schedule of 3 months.

Paramount Communications, a part of the Paramount group of companies, is one of leading cable manufacturing companies in India. The company is engaged in manufacturing power and communication cables.

Lumax Industries has received approval from its board to put up in-house electronic facilities for manufacturing of PCBs (a critical part to lighting systems) for its captive consumption, keeping in view the increased focus on electronic content in the Automobiles, due to request from OEMs. The estimated investment would be to the tune of Rs 75 crore.

The necessary process technology and manufacturing expertise will be provided by JV partner Stanley Electric, Japan who is pioneer in this field. The purpose of this new set up is to keep pace with growing technology demand by OEMs.

Lumax Industries offers a wide array of complete automobile lighting systems and solutions, which includes; stellar quality Head Lamps and Tail Lamps, Sundry and Auxiliary Lamps and other related products.

Tata Motors’ hatchback Tiago has crossed cumulative sales milestone of two lakh units in the domestic market. The company had launched the entry level model in April 2016. Tiago comes with both petrol and diesel powertrains.

Tata Motors is India’s largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.

Sun Pharma Advanced Research Company (SPARC) has received a communication from Sun Pharma Global FZE (SPGFZE), a wholly owned subsidiary of Sun Pharmaceutical Industries that it has decided to return the product rights back to SPARC.

SPGFZE is not planning to launch Elepsia XR (Levetiracetam Extended Release Tablets) as CNS is not its focussed therapeutic area in US market.
Earlier, SPARC had out-licensed ELEPSIA XR to SPGFZE in July 2016; and was eligible for sales linked milestone and royalties upon commercialization of Elepsia TM XR. Consequently, SPARC would find another partner for commercialising the captioned product.

SPARC is an international pharmaceutical company engaged in research and development of drugs and delivery systems.

Jindal Steel and Power (JSPL) has bagged an additional order of 30,000 tonne long rails from the Indian Railways. In July last year, the company had bagged from the national transporter an order of 1 lakh tonne rails, to be supplied in one year.

The company has already supplied 62,400 tonne rails to the Railways from its Raigarh plant and aims to complete the entire order by March 10.

JSPL is one of India’s fastest growing and largest integrated steel manufacturers, significantly present in Steel, Power Generation and Infrastructure segments and catering to a large part of India's domestic energy and infrastructure requirement.

Oriental Bank of Commerce has raised Rs 5,500 crore through allotment of 57,23,20,499 equity shares of Rs 10 each at an Issue price (including premium) of Rs 96.10 per equity share to Government of India (President of India) on preferential basis on February 14, 2019.

Oriental Bank of Commerce is a commercial bank. The Bank operates in four segments: treasury operations, corporate/wholesale banking, retail banking and other banking business operations.

NBCC (India) has bid to acquire bankruptcy-bound Jaypee Infratech and complete stalled over 20,000 housing units in Noida in the state of Uttar Pradesh. A meeting of the committee of creditors will be held on February 18 to discuss bids.

NBCC (India) is one of the few public sector companies engaged in the business of project management
consultancy services for civil construction projects (PMC), civil infrastructure for power sector and real estate development.

Cyient has completed acquisition of remaining 26% stake in Cyient DLM. Post to this acquisition, Cyient DLM has now become a wholly owned subsidiary of the company. Earlier, the company had signed definitive agreement for acquisition stake in Cyient DLM.

Cyient provides engineering, manufacturing, geospatial, network and operations management services to global industry leaders. It leverages the power of digital technology and advanced analytics capabilities, along with domain knowledge and technical expertise, to solve complex business problems.

The revenue for the December 2018 quarter is pegged at Rs. 1255.97 millions, about 9.18% up against Rs. 1150.34 millions recorded during the year-ago period.The Net Profit of the company vaulted to 211.55% to Rs. 22.12  millions from Rs. 7.10 millions in the previous quarter.Operating Profit saw a handsome growth to 47.03 millions from 22.45 millions in the quarter ended December 2018.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  201812 201712 % Var 201812 201712 % Var 201803 201703 % Var
Sales 1255.97 1150.34 9.18 2767.86 3189.65 -13.22 3845.13 2794.80 37.58
Other Income 1.83 0.31 490.32 4.81 7.15 -32.73 5.90 9.92 -40.52
PBIDT 47.03 22.45 109.49 84.54 60.47 39.80 76.93 71.70 7.29
Interest 12.89 10.87 18.58 36.25 38.57 -6.02 47.30 46.63 1.44
PBDT 34.14 11.58 194.82 48.29 21.90 120.50 29.63 25.07 18.19
Depreciation 2.07 1.30 59.23 6.17 3.84 60.68 7.34 4.86 51.03
PBT 32.07 10.28 211.96 42.12 18.06 133.22 22.29 20.21 10.29
TAX 9.95 3.18 212.89 13.05 5.58 133.87 9.02 7.83 15.20
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 1.63 0.31 425.81
PAT 22.12 7.10 211.55 29.07 12.48 132.93 13.27 12.38 7.19
Equity 208.54 208.54 0.00 208.54 208.54 0.00 208.54 208.54 0.00
PBIDTM(%) 3.74 1.95 91.87 3.05 1.90 61.11 2.00 2.57 -22.02
A decrease in the sales to Rs. 2615.50 millions was observed for the quarter ended December 2018. The sales stood at Rs. 3139.00 millions during the similar quarter previous year.The Net Loss for the quarter ended December 2018 is Rs. -857.00 millions as compared to Net Loss of Rs. -802.10 millions of corresponding quarter ended December 2017The Operating Profit of the company witnessed a decrease to 10.20 millions from 61.80 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  201812 201712 % Var 201812 201712 % Var 201803 201703 % Var
Sales 2615.50 3139.00 -16.68 2615.50 10821.60 -75.83 14598.50 19498.90 -25.13
Other Income 19.40 22.80 -14.91 19.40 473.50 -95.90 753.10 325.70 131.23
PBIDT 10.20 61.80 -83.50 10.20 1010.30 -98.99 -16120.70 3942.30 -508.92
Interest 27.10 15.40 75.97 27.10 6285.00 -99.57 5824.20 13652.10 -57.34
PBDT -16.90 41.20 -141.02 -16.90 -103934.70 -99.98 -109027.80 -16747.60 551.01
Depreciation 840.10 843.30 -0.38 840.10 4783.90 -82.44 7105.30 5687.60 24.93
PBT -857.00 -802.10 6.84 -857.00 -108718.60 -99.21 -116133.10 -22435.20 417.64
TAX 0.00 0.00 0.00 0.00 7501.00 0.00 5373.70 -6195.30 -186.74
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT -857.00 -802.10 6.84 -857.00 -116219.60 -99.26 -121506.80 -16239.90 648.20
Equity 496.50 496.50 0.00 496.50 496.50 0.00 496.50 496.50 0.00
PBIDTM(%) 0.39 1.97 -80.19 0.39 9.34 -95.82 -110.43 20.22 -646.18
The sales slipped to Rs. 1081.50 millions for the December 2018 quarter as against Rs. 1256.50 millions during the year-ago period.The Net Loss for the quarter ended December 2018 is Rs. -1378.70 millions as compared to Net Loss of Rs. -3927.90 millions of corresponding quarter ended December 2017 Operating profit Margin for the quarter ended December 2018 improved to -26.90% as compared to -139.90% of corresponding quarter ended December 2017


(Rs. in Million)


  Quarter ended Year to Date Year ended
  201812 201712 % Var 201812 201712 % Var 201803 201703 % Var
Sales 1081.50 1256.50 -13.93 3582.50 4313.70 -16.95 5252.20 14672.00 -64.20
Other Income 0.30 2.60 -88.46 27.00 115.60 -76.64 116.70 14.40 710.42
PBIDT -26.90 -139.90 -80.77 -56.70 3.30 -1818.18 -187.30 2258.30 -108.29
Interest 17.10 2229.70 -99.23 103.50 6590.20 -98.43 6423.50 8050.60 -20.21
PBDT -137.50 -3029.60 -95.46 -2362.70 -11093.80 -78.70 -13312.80 -9795.80 35.90
Depreciation 1241.20 898.60 38.13 3779.50 3460.60 9.22 4748.30 5265.10 -9.82
PBT -1378.70 -3928.20 -64.90 -6142.30 -14554.40 -57.80 -18061.10 -15060.90 19.92
TAX 0.00 -0.20 0.00 0.00 -2973.90 0.00 -0.20 -4621.60 -100.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 -0.20 -4621.60 -100.00
PAT -1378.70 -3927.90 -64.90 -6142.30 -11580.40 -46.96 -18060.90 -10439.30 73.01
Equity 756.20 756.20 0.00 756.20 756.20 0.00 756.20 756.20 0.00
PBIDTM(%) -2.49 -11.13 -77.66 -1.58 0.08 -2168.89 -3.57 15.39 -123.17
The Sales for the quarter ended December 2018 of Rs. 0.35 million declined by -85.17% from Rs. 2.36 millions.The company reported a drastic decline of -84.79% in the quarter ended December 2018 to Rs. 0.33  millions from Rs. 2.17 millions  .A decline of 0.33 millions was observed in the OP in the quarter ended December 2018 from 2.18 millions on QoQ basis.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  201812 201712 % Var 201812 201712 % Var 201812 201712 % Var
Sales 0.35 2.36 -85.17 0.35 2.36 -85.17 0.35 2.36 -85.17
Other Income 0.13 0.00 0.00 0.13 0.00 0.00 0.13 0.00 0.00
PBIDT 0.33 2.18 -84.86 0.33 2.18 -84.86 0.33 2.18 -84.86
Interest 0.00 0.01 0.00 0.00 0.01 0.00 0.00 0.01 0.00
PBDT 0.33 2.17 -84.79 0.33 2.17 -84.79 0.33 2.17 -84.79
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBT 0.33 2.17 -84.79 0.33 2.17 -84.79 0.33 2.17 -84.79
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 0.33 2.17 -84.79 0.33 2.17 -84.79 0.33 2.17 -84.79
Equity 30.00 30.00 0.00 30.00 30.00 0.00 30.00 30.00 0.00
PBIDTM(%) 94.29 92.37 2.07 94.29 92.37 2.07 94.29 92.37 2.07
The total revenue stands at Rs. 280.02 millions for the December 2018 quarter. The mentioned figure indicates an increase of about 157.61% as against Rs. 108.70 millions during  the year-ago period.The Net Loss for the quarter ended December 2018 is Rs. -12.03 millions as compared to Net Loss of Rs. -11.20 millions of corresponding quarter ended December 2017 Operating profit Margin for the quarter ended December 2018 improved to 2.80% as compared to -5.89% of corresponding quarter ended December 2017


(Rs. in Million)


  Quarter ended Year to Date Year ended
  201812 201712 % Var 201812 201712 % Var 201803 201703 % Var
Sales 280.02 108.70 157.61 807.55 420.51 92.04 655.82 535.31 22.51
Other Income 1.47 0.03 4800.00 14.99 0.62 2317.74 50.78 3.00 1592.67
PBIDT 2.80 -5.89 -147.54 17.87 -41.32 -143.25 6.11 -110.47 -105.53
Interest 2.16 1.69 27.81 5.02 4.82 4.15 6.80 10.58 -35.73
PBDT -9.06 -7.76 16.75 -58.51 -46.31 26.34 -0.86 -121.93 -99.29
Depreciation 2.97 3.44 -13.66 9.49 10.35 -8.31 13.11 13.59 -3.53
PBT -12.03 -11.20 7.41 -68.00 -56.66 20.01 -13.97 -135.52 -89.69
TAX 0.00 0.00 0.00 0.00 -12.68 0.00 -12.68 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 -12.68 0.00 -12.68 0.00 0.00
PAT -12.03 -11.20 7.41 -68.00 -43.98 54.62 -1.30 -135.52 -99.04
Equity 40.09 40.09 0.00 40.09 40.09 0.00 40.09 40.09 0.00
PBIDTM(%) 1.00 -5.42 -118.45 2.21 -9.83 -122.52 0.93 -20.64 -104.52
The sales is pegged at Rs. 8.37 millions for the December 2018 quarter. The mentioned figure indicates a decline of about -41.14% as against Rs. 14.22 millions during the year-ago period.The Net Loss for the quarter ended December 2018 is Rs. -0.15 millions as compared to Net Profit of Rs. 0.74 millions of corresponding quarter ended December 2017Operating profit Margin for the quarter ended December 2018 slipped to -0.15% as compared to 0.74% of corresponding quarter ended December 2017


(Rs. in Million)


  Quarter ended Year to Date Year ended
  201812 201712 % Var 201812 201712 % Var 201803 201703 % Var
Sales 8.37 14.22 -41.14 10.96 148.71 -92.63 188.42 952.94 -80.23
Other Income 0.00 0.00 0.00 4.00 4.19 -4.53 10.34 11.32 -8.66
PBIDT -0.15 0.74 -120.27 -0.03 2.33 -101.29 0.26 1.76 -85.23
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBDT -0.15 0.74 -120.27 -0.03 2.33 -101.29 0.26 1.76 -85.23
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBT -0.15 0.74 -120.27 -0.03 2.33 -101.29 0.26 1.76 -85.23
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT -0.15 0.74 -120.27 -0.03 2.33 -101.29 0.26 1.76 -85.23
Equity 123.32 123.32 0.00 123.32 123.32 0.00 123.32 123.32 0.00
PBIDTM(%) -1.79 5.20 -134.44 -0.27 1.57 -117.47 0.14 0.18 -25.28
The revenue for the December 2018 quarter is pegged at Rs. 0.00 millions against Rs. 0.00 millions recorded during the year-ago period.The Net Loss for the quarter ended December 2018 is Rs. -0.03 millions as compared to Net Loss of Rs. -0.07 millions of corresponding quarter ended December 2017 Operating profit Margin for the quarter ended December 2018 improved to -0.03% as compared to -0.07% of corresponding quarter ended December 2017


(Rs. in Million)


  Quarter ended Year to Date Year ended
  201812 201712 % Var 201812 201712 % Var 201803 201703 % Var
Sales 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Other Income 0.07 0.00 0.00 0.09 0.00 0.00 0.06 0.28 -78.57
PBIDT -0.03 -0.07 -57.14 -0.56 -0.66 -15.15 -0.75 -4.46 -83.18
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBDT -0.03 -0.07 -57.14 -0.56 -0.66 -15.15 -0.75 -4.46 -83.18
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.00 0.00
PBT -0.03 -0.07 -57.14 -0.56 -0.66 -15.15 -0.77 -4.46 -82.74
TAX 0.00 0.00 0.00 0.00 0.00 0.00 8.67 -1.71 -607.02
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 8.67 -1.71 -607.02
PAT -0.03 -0.07 -57.14 -0.56 -0.66 -15.15 -9.44 -2.75 243.27
Equity 47.82 47.82 0.00 47.82 47.82 0.00 47.82 47.82 0.00
PBIDTM(%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
A slight decline in the revenue of Rs. 0.00 millions was seen for the December 2018 quarter as against Rs. 0.06 millions during year-ago period.The Net Loss for the quarter ended December 2018 is Rs. -1.07 millions as compared to Net Loss of Rs. -1.25 millions of corresponding quarter ended December 2017 Operating profit Margin for the quarter ended December 2018 improved to -1.07% as compared to -1.25% of corresponding quarter ended December 2017


(Rs. in Million)


  Quarter ended Year to Date Year ended
  201812 201712 % Var 201812 201712 % Var 201803 201703 % Var
Sales 0.00 0.06 0.00 0.00 0.06 0.00 0.09 1.77 -94.92
Other Income 0.15 0.01 1400.00 0.17 0.10 70.00 3.95 4.09 -3.42
PBIDT -1.07 -1.25 -14.40 -3.99 -3.59 11.14 -1.17 0.03 -4000.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBDT -1.07 -1.25 -14.40 -3.99 -3.59 11.14 -1.17 0.03 -4000.00
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.02 -50.00
PBT -1.07 -1.25 -14.40 -3.99 -3.59 11.14 -1.18 0.01 -11900.00
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT -1.07 -1.25 -14.40 -3.99 -3.59 11.14 -1.18 0.01 -11900.00
Equity 99.70 99.70 0.00 99.87 99.70 0.17 99.87 99.87 0.00
PBIDTM(%) 0.00 -2083.33 -100.00 0.00 -5983.33 0.00 -1300.00 1.69 -76800.69