Broadcasting firm Sun TV Network Friday reported a 23.41 per cent increase in standalone net profit at Rs 351.32 crore for the September quarter, against Rs 284.67 crore in the same period last year.
Its total income increased to Rs 811.67 crore, from Rs 713.13 crore in the year-ago period, an official release said.
The subscription revenues for the quarter stood at Rs 339.79 crore, against Rs 280.05 crore last year.
Meanwhile, the company said its board of directors have declared an interim dividend of Rs 2.50 per share on a face value of Rs 5 per share.
********************** Kalburgi Cement expands footprint across Maharashtra *
Kalburgi Cement Company, a 100 per cent subsidiary of VICAT France, Friday said it has expanded its footprint across Maharashtra through its flagship 'VICAT' brand.
The company had recently launched brand 'VICAT' in the Mumbai market with the inauguration of 1.2-MTPA bulk cement terminal here.
"Excited with the good response of VICAT brand in Mumbai, company has decided to launch the brand to serve all the market of Maharashtra," it said in a statement.
VICAT entered India in a joint venture with a local partner, with a proposal to establish an integrated plant in 2008. In 2014, VICAT took 100 per cent stake of the joint venture and renamed it as Kalburgi Cement.
********************** BSE launches delivery-based copper futures contract *
BSE Friday commenced trading in copper futures contracts on its newly launched commodity derivatives segment.
The one-metric-tonne copper contract is first of its kind delivery based base metal futures contract in India. Existing exchanges offers trading in cash settled copper contracts, it said in a release.
BSE copper contract start day is the first day of the contract launch month and the final trading day is the last day of the contract expiry month. The contract is a monthly settled contract. The trading session will be from Monday to Friday from 10 am to 11.30/11.55 pm. The delivery centre of copper contracts will be the exchange-designated warehouse at Bhiwandi, it added.
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