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Net sales declined -29.91% to Rs. 38.71 million from Rs. 55.23 millions.Profit after Tax for the quarter ended June 2017 saw a decline of -43.32% from Rs. 35.55 millions to Rs. 20.15 millions.The company reported a degrowth in operating Profit to 27.09 millions from 45.27 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201706 201606 % Var 201706 201606 % Var 201703 201603 % Var Sales 38.71 55.23 -29.91 38.71 55.23 -29.91 94.23 109.51 -13.95 Other Income 0.01 0.02 -50.00 0.01 0.02 -50.00 0.00 0.00 0.00 PBIDT 27.09 45.27 -40.16 27.09 45.27 -40.16 58.13 75.27 -22.77 Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PBDT 27.09 45.27 -40.16 27.09 45.27 -40.16 58.13 75.27 -22.77 Depreciation 0.90 0.80 12.50 0.90 0.80 12.50 4.06 3.24 25.31 PBT 26.19 44.47 -41.11 26.19 44.47 -41.11 54.08 72.03 -24.92 TAX 6.05 8.91 -32.10 6.05 8.91 -32.10 10.62 12.26 -13.38 Deferred Tax 0.55 -0.09 -711.11 0.55 -0.09 -711.11 0.00 0.00 0.00 PAT 20.15 35.55 -43.32 20.15 35.55 -43.32 43.46 59.77 -27.29 Equity 39.68 39.68 0.00 39.68 39.68 0.00 39.68 39.68 0.00 PBIDTM(%) 69.98 81.97 -14.62 69.98 81.97 -14.62 61.70 68.73 -10.23
Stanrose Mafatlal Investments & Finance has informed about the sad demise of Russi Jal Taraporevala, an Independent Director of the Company on January 07, 2017.The above information is a part of company’s filings submitted to BSE.
Stanrose Mafatlal Investments & Finance has informed about Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended December 31, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The above information is a part of company’s filings submitted to BSE.
Stanrose Mafatlal Investments & Finance has informed that the 36th Annual General Meeting (AGM) of the Company will be held on July 27, 2016.The above information is a part of company’s filings submitted to BSE.
Stanrose Mafatlal Investments & Finance has informed that a meeting of the Board of Directors of the Company will be held on April 27, 2016, to consider the Standalone and Consolidated Audited Accounts of the Company and recommendation of Dividend, if any, for the Financial Year ended March 31, 2016. Accordingly, the Trading Window in respect of dealing in equity shares of the Company will remain closed for all the Designated Persons of the Company in accordance with the requirements of SEBI (Prohibition of Insider Trading) Regulations, 2015 read with Clause 6 of Code of Conduct to Regulate, Monitor and Report Trading by Insiders with effect from April 20, 2016 to April 29, 2016.The above information is a part of company’s filings submitted to BSE.
Stanrose Mafatlal Investments & Finance has informed about the standalone financial results & a copy of the limited review report for the period ended September 30,2015.The above information is a part of company’s filings submitted to BSE.
Stanrose Mafatlal Investments & Finance has informed that the Company has appointed Soham A. Dave, Assistant Company Secretary, as the Compliance Officer under the Listing Agreement.The above information is a part of company’s filings submitted to BSE.
Stanrose Mafatlal Investments & Finance has informed that the Register of Members & Share Transfer Books of the Company will remain closed from August 05, 2015 to August 12, 2015 for the purpose of Payment of Dividend & Annual General Meeting (AGM) of the Company.The above information is a part of company’s filings submitted to BSE.
Stanrose Mafatlal Investments & Finance has informed about formulation and adoption of Codes under SEBI (Prohibition of Insider Trading) Regulations, 2015.The above information is a part of company’s filings submitted to BSE.
Stanrose Mafatlal Investments & Finance has informed that the Dividend of Rs 6 per share as recommended by the Board at its Meeting held on May 29, 2015, will be paid from August 24, 2015 on its declaration by the Annual General Meeting to be held on August 12, 2015.The above information is a part of company’s filings submitted to BSE.
Stanrose Mafatlal Investments & Finance has informed that a meeting of the Board of Directors of the Company will be held on May 29, 2015, to consider the Audited Accounts of the Company and recommendation of Dividend for the Financial Year ended March 31, 2015.The above information is a part of company’s filings submitted to BSE.
Stanrose Mafatlal Investments & Finance is currently trading at Rs. 135.50, up by 6.10 points or 4.71% from its previous closing of Rs 129.40 on the BSE.The scrip opened at Rs 128.20 and has touched a high and low of Rs 135.50 and Rs 128.20 respectively. The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 158.80 on 15-Jan-2015 and a 52 week low of Rs. 70.10 on 20-Mar-2014.Last one week high and low of the scrip stood at Rs. 138.80 and Rs 126.20 respectively. The current market cap of the company is Rs. 53.77 crore.The promoters holding in the company stood at 48.37% while Institutions and Non-Institutions held 10.79% and 40.84% respectively.Stanrose Mafatlal Investments & Finance has agreed to acquire entire equity shareholding in Stan Plaza from Standard Industries on arm’s length basis. The completion of purchase of equity shares of Stan Plaza is subject to the terms and conditions specified in the Share Purchase Agreement.This step has been taken pursuant to a Share Purchase Agreement executed on March 13, 2015 between the company, Standard Industries (a company under Promoter Group) and Stan Plaza (one of the wholly owned and non-material subsidiary of Standard Industries).Stanrose Mafatlal Investments & Finance is an India-based company. The company is engaged in the business of inter-corporate investments, capital market activities and financing.