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

While Sir Dorabji Tata Trust was told to reply by October 12, it sought more time

Tata Trusts, Bombay House

Lakshmi Venu and Mallika Srinivasan say no agreement has been reached on economic ownership within the Venu Srinivasan family, calling for a fair and transparent settlement

(L) Mallika Srinivasan, Chairman & Managing Director, Tafe, (R) Lakshmi Venu Vice Chairman, Tafe

The company also won a commercial end-to-end 5G network deployment order in a South American market in the quarter ended June

Sanjay Malik, Chief Strategy and Business Officer, Tejas’

Sanjay Malik, Chief Strategy and Business Officer, Tejas'

CIEL HR reported 27 per cent revenue growth to Rs 1,178 crore in H1FY27 and aims to consolidate 12 businesses into three clusters ahead of its planned IPO in FY28

Pandiarajan K, Executive Chairman, CIEL HR Group

Volvo Cars India may raise vehicle prices as geopolitical disruptions push up shipping costs and delay components, even as the carmaker launches its flagship EX90 electric SUV.

JYOTI MALHOTRA | LinkedIn Profile

BMI expects India's economy to grow 7.5 per cent in FY27, driven by industrial activity, but has lowered its FY28 forecast amid elevated oil prices and inflation risks

bmi company

The microfinance lender secured funding from 10 financial institutions across Asia, the Middle East and Africa to diversify borrowing sources and optimise funding costs.

Credit Access Grameen

The edtech startup plans to expand from 40 to 120 institutions in two years and strengthen its AI-led learning platform, academic capabilities and skilling programmes

funding winter

Flipkart's travel arm expects non-air business to account for nearly half its revenue and says it could become self-sustaining without parent funding in a couple of years

Manjari Singhal, chief growth and business officer, Cleartrip

Backed by MEMG, the company is betting on AI, university partnerships and lower acquisition costs while avoiding the high-spend consumer model that hurt several edtech rivals

Ambrish Sinha, Founding CEO, UNext Learning

The company is India's first start up to be granted an US patent on this technology which combines optical images with SAR to provide better quality image despite smoke and clouds in the atmosphere

galaxeye, Pranit Mehta, cofounder and vice-president of sales

Hughes India CEO Shivaji Chatterjee says its satcom and non-satcom businesses are now equal in size, while faster regulatory approvals could unlock growth in satellite connectivity.

Shivaji

Mittersain will become a non-executive director as Nazara reshuffles its leadership, appoints a new CFO and approves a ₹730.78 crore share allotment to five individuals

Nitish Mittersain, CEO of Nazara Technologies

Aarthi Subramanian, executive director, president & chief operating officer, TCS talks about the company's AI journey and Tata Sons board tussle, among other issues

Aarthi Subramanian, Executive Director, President and Chief Operating Officer, TCS

Erik Ekkuden said that India will also lead the world in adopting Agentic AI and democratising it, but the challenge will lie in building the supply chain ecosystem

Erik Ekkuden, global chief technology officer, Ericsson

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