The Board of HVL at its meeting held today approved the un-audited standalone financial results for the quarter ended June 30, 2018.
The Indian Accounting Standards (IND AS) as prescribed by Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder became applicable to HVL from April 01, 2018. Accordingly, HVL's results for the Quarter ending June 30, 2018 have been prepared under IND AS and the previous year's comparative numbers have been re-stated under IND AS.
HVL on a standalone basis reported a total income of Rs. 78.12 Crores for the quarter ended June 30, 2018 as against Rs. 36.88 Crores for the quarter ended June 30, 2017.
The net profit after tax for quarter ended June 30, 2018 stood at Rs. 36.11 Crores as against Rs. 10.75 Crores during quarter ended June 30, 2017.
ŠKODA continues on its course for success. In the first six months of this year, the Czech carmaker once again increased the number of deliveries. Delivering 652,700 vehicles, ŠKODA concludes the first half of the year with a record result. ŠKODA grew by 11.6% compared to the same period last year (January to June 2017: 585,000 vehicles). ŠKODA delivered 116,500 units in June alone – an increase of 10.8% compared to the same month last year (June 2017: 105,200 vehicles). The SUV models ŠKODA KODIAQ and KAROQ continue to be growth drivers. The compact SUV KAMIQ was successfully launched last month in ŠKODA's largest single market, China.
Global music giant, Sony Music announced the 3rd song Good Man Di Laaltain from SOORMA will release on Friday June 29th. The music label has been receiving massive response on the songs released so far. Fans have fallen in love with ISHQ DI BAAJIYAAN while have got inspired by SOORMA ANTHEM and now Good Man Di Laaltain will make them get up and dance!
Mr. Mickey Doshi (Credit Suisse Securities (India) Private Limited), Mr. Arjun Jain (President, Electrical BU, Varroc Engineering Limited), Mr. T R Srinivasan (Group CFO, Varroc Engineering Limited), Mr. Tarang Jain (Managing Director, Varroc Engineering Limited), Mr. Ashwani Maheshwari (CEO, India Business, Varroc Engineering Limited), Mr. Ravi Kapoor (Citigroup Global Markets India Private Limited) and Mr. Subhrajit Roy (Kotak Mahindra Capital Company Limited) at Varroc Engineering Limited IPO Press Conference held today in Mumbai.
The countdown to the biggest celebration of Indian Cinema has begun as preparations are well underway for the 19th Edition of NEXA IIFA Awards Styled by Myntra, to be held at the reputed Siam Niramit Theatre in Bangkok on 22nd & 24th June.
Art by Anita presents 'Kabulana' an exhibition of artworks by Anita Anand, inspired by her time in Afghanistan between 2004-2016.The exhibition will preview on Saturday, June 23 from 6.00 pm- 7.00pm and will continue from June 24-27 from 11 am – 7 pm.
Ank's newest production BAS…TUM AUR HUM at another new attractive Theatre Spave – Overact, Versova.