Manpasand Beverages Ltd reported 22.43 per cent growth in net profit of Rs 31.33 crore for the quarter ended March 2017 as against a net profit of Rs. 25.59 crore in the corresponding period last year.
Total income in the Q4 FY 2016-17 was Rs 281.92 crore, a growth of 31.31 per cent as compared to Rs 214.69 crore in the same period last year. EPS for the Q4 ended March 2017 was at Rs 5.48 per share.
The company has reported a 43.85 per cent rise in the net profit at Rs 72.63 crore for the financial year ended March 2017 as against the net profit of Rs 50.49 crore in the corresponding period last year. Total income for the FY 2016-17 at Rs 735.02 crore were higher by 35.83 per cent as compared to Rs 541.14 crore in the previous fiscal. EPS for FY 2016-17 was at Rs 12.70.
The company commenced work on four new manufacturing units simultaneously. With these plants in place, the company will double its production capacity in the coming 12-18 months. We also took the significant step of entering the southern markets and strengthened our reach across South India. In addition, we have lined up a few product launches that are not only innovative but also cater to health conscious customers, the company said.
Edenred India unveils new brand identity
Mumbai: Edenred India today unveiled new brand identity to bring all its commercial brands under one distinct umbrella and to create a strong presence among the end customers.
With the new brand identity, Edenred aims to create a strong inseparable link between the Edenred brand and its commercial offering. This launch will help Edenred to create a refreshed identity with its end consumers and evolve as a B2B2C company and connect with customers with this new identity that reflects its new perspective, a company statement said.
"The company made a shift to digital in 2014 and plans to have a digital identity. The launch of new visual identity will bring transformation in the history of Edenred. This launch will help Edenred to create a refreshed identity with its end consumers and evolve as a B2B2C company and connect with customers with this new identity that reflects its new perspective," Edenred India Managing Director Johann Vaucanson said.
======================================= Zebra Tech enters into partnership with GE Healthcare
Mumbai: Zebra Technologies Corporation today said it has entered into partnership with GE Healthcare to bring Bluetooth Low Energy (BLE) wireless asset tracking technology to hospitals.
GE Healthcare's Encompass is a cost-effective real-time location systems (RTLS) solution that helps hospitals manage mobile asset inventory, reduce total cost of ownership (TCO) and achieve better capital allocation, a company statement said.
Zebra Technologies, the market leader in rugged mobile computers, barcode scanners and barcode printers enhanced with software and services to enable real-time enterprise visibility, is also introducing two new purpose-built mobile handheld devices that will improve clinical mobility workflows and patient care.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)