Business conglomerate Godrej Industries Ltd on Tuesday reported an 81 per cent increase in consolidated net profit at Rs 322.49 crore for the April-June quarter of 2024, on higher income.
Its net profit stood at Rs 178.06 crore in the year-ago period.
Total income increased to Rs 5,259.41 crore in the April-June period of 2024-25 fiscal, from Rs 4,893.40 crore in the corresponding period of the previous year, according to a regulatory filing.
Godrej Industries has presence in chemicals, estate management (real estate), finance & investments.
On business performance of its subsidiaries, joint ventures and associate companies, Godrej Industries said the consolidated sales of Godrej Consumer Products Ltd (GCPL) stood at Rs 3,311 crore in the first quarter of this fiscal.
Godrej Properties' total Income grew to Rs 1,638 crore in April-June period of this fiscal, from Rs 1,315 crore in the year-ago period.
Godrej Agrovet's total income declined to Rs 2,360 crore in the period under ..

Godrej Industries has presence in chemicals, estate management (real estate), finance & investments

Press Trust of India

Patel Engineering Ltd on Tuesday reported a 25.81 per cent rise in its consolidated net profit to Rs 48.17 crore in the April-June quarter of 2024.
It had posted a Rs 38.29 crore net profit from operations during the year-ago period, the company said in an exchange filing.
The company's revenue from operations declined by 1.52 per cent to Rs 1,101.66 crore in the June quarter.
It was at Rs 1,118.61 crore in the year-ago period.
Patel Engineering's Managing Director Kavita Shirvaikar said, "Our focus remains on delivering long-term value for our stakeholders while continuously enhancing operational efficiency and output."
"With this strong foundation in place, we are poised to build a brighter future for Patel Engineering Limited and creating lasting value for India's infrastructure development," she added.
The Mumbai-based engineering, procurement, and construction firm has a strong presence in tunnels and underground works for hydroelectric and dam projects.

It had posted a Rs 38.29 crore net profit from operations during the year-ago period, the company said in an exchange filing

Nykaa Q1FY25 results: Ebitda surged over 30% Rs 96 crore in April-June quarter compared to Rs 73 crore last year

Business Standard

Raj Jegannathan, a Tesla vice president tapped to oversee sales in the region last year, said in a LinkedIn post that he was parting ways with the company

tesla, tesla inc, elon musk

Bloomberg

Tata Steel says steel prices move in tandem globally as a commodity, rejects collusion claims, and flags cost pressures and improving demand outlook post Q3FY26

(From left) T V Narendran, MD & CEO, Tata Steel; Koushik Chatterjee Executive Director & CFO, Tata Steel

At 13.1%, fixed asset creation by leading listed firms hit six-year high in H1FY26

India corporate capex H1FY26, corporate investment growth India, fixed assets listed companies, capex trend FY26, Grasim Industries capex, Ultratech Cement expansion, Reliance Industries capex, oil and gas capex India, infrastructure power metals cap

The AI-enabled hotline converts Zomato's multi-step delivery partner onboarding into a WhatsApp-based process completed in under 30 minutes, with strong early response

Zomato

The FMCG major will acquire a 75% stake in Vietnam-based Skinetiq in an all-cash deal valued at Rs 350 crore, strengthening its premium beauty and D2C play in the market

Marico expands plant-based protein portfolio with Saffola Soya Bhurji

Marico

E-commerce major Flipkart on Monday announced the appointment of Vipin Kapooria as Vice President, Business Finance, and Yogita Shanbhag as Vice President, Human Resources, effective immediately.
These appointments come shortly after a series of high-profile hires at the IPO-bound company in the past month.
Kapooria, who is rejoining Flipkart, will lead business finance across all categories. He comes with over 19 years of experience and was most recently the Chief Financial Officer at Blinkit. He has also held senior positions at OYO and Yum! Brands.
In his new role, Kapooria will partner with business teams to drive financial discipline, operational excellence, and sustainable growth, the company said in a statement.
Shanbhag will lead the HR function for Flipkart's technology vertical, OneTech Business Unit. She joins with over 20 years of experience at Juniper Networks and Wipro.
"Building a strong organisation requires sustained focus on leadership, robust systems, and cultur

Flipkart, Flipkart Fulfillment, Flipkart  Store

These appointments come shortly after a series of high-profile hires at the IPO-bound company in the past month

The approval comes after Ambuja Cements, in 2023, completed the acquisition of Sanghi Industries, at an enterprise value of ₹5,185 crore

Ambuja Cements

While overseas experience has proven invaluable in other economies, it appeared to play a diminished role in India's contemporary tech ecosystem

china, gold, metals market

A study by AnnaLee Saxenian and Vivek Wadhwa reveals that domestic founders lead in commercial outcomes, while returnees play specialized roles

homegrown entrepreneurs, diaspora, technology

The newly launched platform operates on a zero-commission model and does not charge any fee from restaurants, but only a standard delivery fee based on distance from customers

Ownly (Photo: Company Website)

Sequoia-led funding round triples voice-AI startup's valuation as it expands beyond speech into full audio stack

Artificial Intelligence

Kotak Mahindra Bank said CTO Bhavnish Lathia has resigned citing personal reasons and will step down in February 2026; Nilesh Chaudhari has been appointed his successor

Kotak mahindra bank, kotak

E-commerce firm Flipkart has named Vipin Kapooria as vice president, business finance, and Yogita Shanbhag as vice president, human resources, as it readies for its IPO

Flipkart

Premier Energies plans to restart engagement with US clients after the India-US trade pact, betting on lower duties, rising exports and capacity expansion

Chiranjeev Singh Saluja, Managing Director, Premier Energies

Shailender Kumar, senior vice-president and regional managing director, Oracle India and NetSuite JAPAC talks about the recent Budget announcements and the India growth story

Shailender Kumar, senior vice-president and regional managing director, Oracle India and NetSuite JAPAC

Ashwani Kumar, Managing Director and Chief Executive Officer (MD&CEO), UCO Bank

We are conducting a saturation drive for inoperative PMJDY accounts, meeting customers one-on-one to encourage them to operate their accounts, says Ashwani Kumar

Pham Sanh Chau

VinFast is committed to making EVs more accessible while contributing to economic growth through investment and local job creation.

Yogesh Mathur, Director-Sales & Marketing, HMSI

Two-wheeler demand likely to remain tepid until festival season, says HMSI

JSW joint managing director and chief executive officer Jayant Acharya

Q1 was disrupted by plant maintenance shutdowns at Dolvi and Bhushan Power and Steel (BPSL), which had an impact on our costs both for capex and operations

Companies News: Get latest company news, company results, company interviews, company financials, company analysis, company disclosure, corporate news, company announcements at Business Standard.

Company News: Company Business News, Indian Companies News, Company Analysis, Corporate Industry News

Get latest company news, company results, company interviews, company financials, company analysis, company disclosure, corporate news, company announcements at Business Standard.

Companies

Start Ups

People

Results Corner

Result Calendar

Brokerage Reports

Result News