new post
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Kindly rectify figures of Modern Insulators Ltd
Source :-
--------------------------- Blog Gratitude : Shreeji Investments , Ahmedabad
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Modern Insulators - Official Site
http://www.moderninsulators.com/abt_us.htm
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Blog Caution : Please Recheck All Information Before Taking Any Investment Decision. No Responsibility with the Blog / Writer
July 13, 2017
Modern Insulators 2016-17-Results
Please visit Page 4 and 5 of PDF document
http://www.moneycontrol.com/stocks/reports/modern-insulato-financial-year-for-may-31-2017-7550361.html
Important Note
Pursuant to the scheme of Amalgamation of Modern Terry Towels Limited with the Company approved by Hon'ble BIFR under the provision of Sick lndustrial Companies Act, 1985, entire business and all assets and liabilities or Modern Terry Towels Limited were transferred and got vested in the Company.
As a result of this merger Share Capital of Modern Insulators has gone up from Rs 21 cr 74 lakh to Rs 47 cr 14 lakh and EPS has fallen from Rs 13 / 43 p to Rs. 6 / 34 p , although the net profit is nearly unchanged around 29 cr.
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No Trading is currently taking place in BSE where Modern Insulators is Listed because of "Suspension due to Penal Reasons )
http://www.bseindia.com/stock-share-price/modern-insulators-ltd/modinsu/515008/
It appears some shares of Modern Insulators are available with Dealers of Rare Indian Shares for Sale / Purchase ( Please Recheck )
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http://www.moneycontrol.com/stocks/reports/modern-insulato-financial-year-for-may-31-2017-7550361.html
Important Note
Pursuant to the scheme of Amalgamation of Modern Terry Towels Limited with the Company approved by Hon'ble BIFR under the provision of Sick lndustrial Companies Act, 1985, entire business and all assets and liabilities or Modern Terry Towels Limited were transferred and got vested in the Company.
As a result of this merger Share Capital of Modern Insulators has gone up from Rs 21 cr 74 lakh to Rs 47 cr 14 lakh and EPS has fallen from Rs 13 / 43 p to Rs. 6 / 34 p , although the net profit is nearly unchanged around 29 cr.
------------
No Trading is currently taking place in BSE where Modern Insulators is Listed because of "Suspension due to Penal Reasons )
http://www.bseindia.com/stock-share-price/modern-insulators-ltd/modinsu/515008/
It appears some shares of Modern Insulators are available with Dealers of Rare Indian Shares for Sale / Purchase ( Please Recheck )
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January 24, 2017
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old / original post
Modern Insulators Performance 2015 -16 - Correction Please
Kindly rectify figures of Modern Insulators Ltd
Gandhi Associates , Rajkot
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Actual Figures for whole year are as under :
Sales : Rs. 461 cr 01 Lakh
Gross Profit : Rs. 27 cr 07 Lakh ( Before Exceptional Item and Taxes )
Exceptional Item : Rs. 4 cr 56 Lakh
Taxes : Rs. 2 cr 43 Lakh
Net Profit : Rs. 29 cr 20 Lakh ( After Taxes and Minority Interest )
EPS : Rs. 13 / 43 Paise
Share Capital : Rs. 21 cr 74 Lakh ( Rs. 10 Paid Up Shares )
Reserve : Rs. 243 cr 03 Lakh ( Excluding Revaluation Reserve )
Book Value : Rs. 121 / 77 Paise
Link to Result : http://www.bseindia.com/xml-
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Actual Figures for whole year are as under :
Sales : Rs. 461 cr 01 Lakh
Gross Profit : Rs. 27 cr 07 Lakh ( Before Exceptional Item and Taxes )
Exceptional Item : Rs. 4 cr 56 Lakh
Taxes : Rs. 2 cr 43 Lakh
Net Profit : Rs. 29 cr 20 Lakh ( After Taxes and Minority Interest )
EPS : Rs. 13 / 43 Paise
Share Capital : Rs. 21 cr 74 Lakh ( Rs. 10 Paid Up Shares )
Reserve : Rs. 243 cr 03 Lakh ( Excluding Revaluation Reserve )
Book Value : Rs. 121 / 77 Paise
Link to Result : http://www.bseindia.com/xml-
--------------------------- Blog Gratitude : Shreeji Investments , Ahmedabad
-------------
Modern Insulators - Official Site
Modern Insulators Ltd (MIL) is the pioneer in Aluminous High Voltage Porcelain Insulators in India.
It was set up in 1985 in technical collaboration with Siemens AG, Germany, for manufacture of Aluminous High Voltage Porcelain Insulators. MIL, now is one of the largest exporters in the country & has been honoured with various Export Awards from Ministry of Commerce consecutively for four years.
For More
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http://www.moderninsulators.com/abt_us.htm
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Blog Caution : Please Recheck All Information Before Taking Any Investment Decision. No Responsibility with the Blog / Writer
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