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

Inox Clean Energy ties up ₹3,100 crore equity from global and domestic investors to fund IPP growth and solar manufacturing expansion, valuing the firm at ₹50,000 crore

Inox Clean Energy Limited

Eternal, the parent entity of Zomato and Blinkit, has received a goods and services tax (GST) demand order, along with interest and penalty, amounting to Rs 3,69,80,242 for the period April 2019 to March 2020.
The order was passed by the Additional Commissioner of State Tax (Appeals), West Bengal.
The demand order has been received with respect to short payment of output tax with interest and penalty thereon, Eternal said in a regulatory filing late on Tuesday evening.
The company said it believes it has a strong case on merits, and will file an appeal against the order before the appropriate authority.
In the regulatory filing, Eternal stated it "has received an order on 6 January 2026 for the period April 2019 to March 2020 passed by Additional Commissioner of State Tax (Appeals), West Bengal confirming demand of GST of Rs 1,92,43,792 with interest of Rs 1,58,12,070 and penalty of Rs 19,24,380".

deepinder goyal

The company said it believes it has a strong case on merits, and will file an appeal against the order before the appropriate authority

Tata Power Renewable Energy Ltd (TPREL) will set up a greenfield 10 GW ingot and wafer manufacturing facility at Nellore, Andhra Pradesh, with an investment of Rs 6,675 crore.
The project will be the largest ingot and wafer manufacturing facility in the country, reinforcing Andhra Pradesh's position as a leading hub for advanced solar manufacturing, state government officials said.
The project has been cleared by the State Investment Promotion Board (SIPB) chaired by Chief Minister Chandrababu Naidu.
The facility will be developed at the IFFCO Kisan Special Economic Zone, where the Government of Andhra Pradesh has earmarked 200 acres for the project, including 120 acres for the initial phase and 80 acres for future expansion.
The ingots and wafers produced at the facility are critical inputs for solar cells, modules, and semiconductor applications, and the project aligns with the Government of India's push to strengthen domestic manufacturing and reduce import dependence for strate

Tata power

The project will be the largest ingot and wafer manufacturing facility in the country, reinforcing Andhra Pradesh's position as a leading hub for advanced solar manufacturing

Global technology major Lenovo aims to double its business in India over the next three years, banking on a surging Motorola smartphone segment and "high double-digit" growth in its infrastructure and services verticals, according to a senior company official.
Lenovo Asia Pacific President Amar Babu believes Lenovo's future growth trajectory will be fuelled by domestic consumption and the "India for the world" innovation strategy.
"Lenovo in India is a growth story. And the opportunity exists to sustain that growth story across all our businesses. Our Motorola business has done exceedingly well. We've more than doubled our revenues in the last two years. Our infrastructure business is growing in high double digits.
"Our services and solutions business are growing in high double digits. Our hope and our vision is that we'll be able to double our business in the next three years.
"And if we are able to achieve that, of course, with the right level of innovation, infrastructure and ..

lenovo

Lenovo Asia Pacific President Amar Babu believes Lenovo's future growth trajectory will be fuelled by domestic consumption and the 'India for the world' innovation strategy

Inox Clean Energy said it has tied up ₹3,100 crore in equity funding to grow its IPP capacity and solar manufacturing, as it targets 10 GW power capacity by FY28

The move focuses on combining Infosys Topaz, an AI-first set of services and platforms using GenAI technologies, and Amazon Q Developer, AWS's generative AI-powered assistant

Infosys

Godrej Consumer Products Ltd on Tuesday said demand  conditions in India strengthened progressively during the third quarter ended December 2025, and the company is confident of a gradual improvement in consumption over the coming quarters.
In its quarterly update, Godrej Consumer Products Ltd (GCPL) said falling inflation and improving affordability following lower GST rates would support growth of consumption, and its standalone business is well-positioned to deliver double-digit revenue growth in the third quarter.
"...demand conditions in India strengthened progressively during the quarter. We remain confident of a gradual improvement in consumption over the coming quarters, supported by falling inflation and improving affordability following lower GST rates," GCPL said in a regulatory filing.
Against this backdrop, it said, "Our standalone business is well-positioned to deliver double-digit revenue growth for the quarter, underpinned by close to double-digit underlying volume .

Godrej, company split, stake, sale, partnership

For its international markets, GCPL said, in Indonesia, competitive pricing pressures across key categories persisted during the third quarter

The startup's human-like voice AI can handle long sales calls and, according to the company, delivers significantly higher conversion rates than human agents

(L) Devyani Gupta, founder, Arrowhead; (R) Vengadanathan Srinivasan, founder, Arrowhead

The company raised the debt financing from the National Bank for Financing Infrastructure and Development (NaBFID), HSBC Bank, DBS Bank India, Barclays Bank and Aseem Infrastructure Finance Limited

NTPC, renewable energy, Green energy

With this announcement, Even Healthcare reports operating break-even within six months of its first hospital launch. The fundraise also marks a 2x valuation milestone for the company

Founders: Mayank Banerjee, Matilde Giglio and Alessandri Ialongo

Private equity firm invests more than ₹1,500 crore for over 35% of the ready-to-cook foods maker, backing its expansion across India and Gulf markets, according to sources

iD Fresh foods

India's value lies in building products on top of indigenous models developed with locally developed parameters, says Abhishek Singh

IndiaAI Chief Executive Officer (CEO) Abhishek Singh

Venture capital firm Hashed Emergent's CEO Tak Lee on why India's Web3 startups are building necessities, not luxuries

Tak Lee, CEO & Managing Partner Hashed Emergent

Central Bank of India expects to meet SEBI's public shareholding norms well before the August 2026 deadline as it sees strong loan growth across retail, MSME and corporate segments and expands digital

Kalyan Kumar, Managing Director and Chief Executive Officer, Central Bank of India

AI, machine learning and 5G are making industrial automation smarter and easier to deploy, as Rockwell Automation deepens its manufacturing and export focus in India

Dilip Sawhney, Managing Director, Rockwell Automation India

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

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

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

Pham Sanh Chau

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

Yogesh Mathur, Director-Sales & Marketing, HMSI

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

JSW joint managing director and chief executive officer Jayant Acharya

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