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HINDUJA VENTURES LIMITED (‘HVL’) AUDITED STANDALONE AND CONSOLIDATED FINANCIAL RESULTS FOR THE YEAR ENDED MARCH 31, 2018

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Description: Description: cid:image002.jpg@01CC882C.D63D4560

Standalone total income for the year end Rs. 242.60 Crores

PAT Rs. 125.65 Crores

 

Recommendation of Dividend at 175% for the financial year 2017-2018

 

The Board of HVL at its meeting held today approved audited standalone and consolidated financial results for the year ended March 31, 2018.

 

HVL Standalone Results: -

 

  • The net profit after tax stood at Rs.125.65 Crores for the financial year ended March 31, 2018 as against Rs. 102.90 Crores for the financial year ended March 31, 2017.

 

  • HVL on standalone basis reported a total income of Rs.242.60 Crores for the financial year ended March 31, 2018 as against Rs. 203.39 Crores for the financial year ended March 31, 2017.

 

Consolidated Financial Results: -

 

  • Consolidated total income for the financial year ended March 31, 2018 is Rs. 868.97 Crores as against to Rs. 826.00 Crores for financial year ended March 31, 2017.

 

  • Consolidated net loss after tax and minority interest for the financial year ended March 31, 2018 stood at Rs 255.54 Crores as against loss of Rs. 56.61 Crores for the financial year ended March 31, 2017. Read more

New Horizons Child Development Centre inaugurated in Hinduja Healthcare Surgical

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By  Ashok Punatar Mobile: 09820746494 Email: ashokpunatar@gmail.com

Dr. Samir Dalwai with Soha Ali Khan at Hinduja Healthcare Surgical during inauguration of New Horizons Child Development Centre

India houses nearly 20% of the world’s child population. The most crucial years of child growth and development are from 0 to 6 years of life.  Of the 377 million urban Indians, close to 10% (36.5 million) are children below six years and Mumbai’s child population below 6 years is around 1.8 million. Any instance of delay or miss in certain signs of development that are to be seen at particular time period during growth needs to be addressed. A Child Development Centre can provide support, treatment and rehabilitation in such cases. Read more

Mr. Ashok Mansukhani appointed as Managing Director of Hinduja Ventures Limited

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

The Board of Directors of the Company at its meeting held today i.e.February 12, 2018 has appointed Mr. Ashok Mansukhani  as Managing Director of the Company for a period of two years with effect from April 30, 2018 to April 29, 2020 upon completion of his existing term as Whole-Time Director on April 29, 2018.

Mr. Ashok Mansukhani is a postgraduate from Delhi University who completed his Masters in English Literature from Kirori Mal College, Delhi University and his LLB from K C Law College,Bombay University. After a distinguished career in Central Government as an Indian Revenue Service Officer for 22 years, he joined the Hinduja Group in 1996 and has handled various senior responsibilities in the Group, in media and Corporate sphere. Read more

HINDUJA VENTURES LIMITED(‘HVL’) UN-AUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED DECEMBER 31, 2017.

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

The Board of HVL at its meeting held today approved un-audited standalone financial results for the quarter and nine months ended December 31, 2017.

 

HVL Standalone Results:-

 

  • HVL on standalone basis reported a total income of Rs. 169.12 Crores for the nine months ended December 31, 2017 as against Rs. 173.91 Crores for the nine months ended December 31, 2016.

 

  • The net profit after tax for nine months ended December 31, 2017 stood at Rs. 88.80 Crores as against Rs. 88.39 Crores during nine months ended December 31, 2016. The Net Profit After Tax for the period ended grew by 0.47 %.

 

  • For the quarter ended December 31, 2017, the total income of the Company stood at Rs. 64.88 Crores compared to Rs 53.58 Crores for the quarter ended September 30, 2017 and Rs. 52.79 Crores for the quarter ended December 31, 2016.

 

  • The net profit after tax for the quarter ended December 31, 2017 stood at Rs. 33.76 Crores as against Rs. 29.55 Crores for the quarter ended September 30, 2017 and Rs. 35.99 Crores for the quarter ended December 31,2016. Read more