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

Stock declines over 3% after Ashok Vaswani says he will step down in December, with brokerages warning leadership succession uncertainty could weigh on sentiment

Kotak Mahindra Bank

In a regulatory filing, the private sector lender said Sharma submitted his resignation on June 28 to pursue the next phase of his professional career

Axis Bank CFO Puneet Sharma

TVS Motor Company is looking forward with measured optimism to the road ahead that is "unpredictable, complex and exciting", according to its Chairman and MD Sudarshan Venu.
In his address to shareholders in the company's annual report for 2025-26, Venu said the company expects to perform in line with market expectations in its primary market in India, barring any weather shocks that may impact the monsoons or any other unforeseen circumstances.
Stating that TVS Motor Co is looking forward with measured optimism, he said,"The road ahead is unpredictable, complex and exciting."
He further said, "Our geographic diversification, technology depth, and presence in markets where mobility is essential rather than optional give us a resilience that is structural and durable."
In terms of the company's performance going forward, he said, "We expect to perform in line with market expectations, in our primary market in India, barring any weather shocks that may impact the monsoons or any othe

Sudarshan Venu, chairman and managing director of TVS Motor

"The road ahead is unpredictable, complex and exciting," he said

KKR-backed Serentica Renewables plans to invest Rs 1 trillion in Rajasthan as it expands its solar and battery storage portfolio to support industrial decarbonisation

Serentica Renewables, Renewable Energy

Vedanta group firm Hindustan Zinc Chairperson Priya Agarwal Hebbar on Monday said technology will be crucial to the company's next phase of growth, with increased investments in automation, artificial intelligence, advanced analytics, and intelligent mining systems to improve productivity, precision, and safety.
"Our ambition is to become a future-ready energy transition company, building strength across multiple metals and critical minerals that support India's industrial growth and strengthen global supply chains," she said while addressing shareholders at the company's 60th Annual General Meeting (AGM).
The company is positioning itself for the next phase of the global energy transition by expanding beyond zinc and foraying into critical minerals, downstream manufacturing and technology-led mining, according to the Chairperson.
Hebbar said that shifting geopolitics, artificial intelligence, evolving global supply chains and the energy transition are fundamentally reshaping the ..

Priya Agarwal Hebbar, Hindustan Zinc Chairperson & Non-executive Director, Vedanta

Describing the company's long-term strategy as Hindustan Zinc 2.0, she said the company is evolving from being the world's leading integrated zinc producer into a broader energy transition company

Tech Mahindra will deploy Perplexity Enterprise Pro across its sales and customer-facing teams to improve access to AI-powered, source-backed insights and strengthen client engagement

Tech Mahindra

Bajaj Auto Ltd on Monday said its Rs 5,632.8-crore share buyback will start from July 1, 2026.
The company is undertaking a buyback of up to 46.94 lakh fully paid-up equity shares of face value of Rs 10 each at a price of Rs 12,000 per share, payable in cash, for an aggregate amount of up to Rs 5,632.8 crore, Bajaj Auto said in a regulatory filing.
The proposal was first passed by the company's board on May 6, 2026, and subsequently by shareholders by way of a special resolution through postal ballot notice on May 14, 2026, the results of which were announced on June 18, 2026.
The opening date of the buyback will be July 1, 2026, and will close on July 7, 2026, the filing said.
On the rationale of the buyback, Bajaj Auto said the growth of its business, robust cash generation and strong balance sheet position allow it "to reward its shareholders from time to time, as in the current instance, while retaining sufficient capital for growth and investment opportunities".
"The buyback

Bajaj Auto

The company will repurchase up to 4.694 million equity shares at ₹12,000 apiece through a buyback programme worth up to ₹5,632.8 crore, with the offer remaining open until July 7

The ed-tech startup will use the fresh capital to strengthen its AI capabilities, expand its NEET-focused platform and build personalised AI mentors for students

Ed-tech, startup, Lytmus AI

Stepping down as CEO, Hari Menon says BigBasket initially underestimated quick commerce and now expects the Tata-owned firm to prioritise profitability over market share

Hari Menon, co-founder of BigBasket

Health-tech start-up SuperLiving has raised $7 million in a Series A round led by Lightspeed to expand its AI-driven wellness and preventive healthcare platform

(L-R) Manavdeep Singh Grover, Founder & CEO, SuperLiving and Gurjot Kaur, Co-Founder, SuperLiving

Airbound will work with Andhra Pradesh Drone Corporation to develop a scalable drone delivery network across the Amaravati Capital Region, targeting 10,000 daily flights

Drone startup Airbound raises $1.7 million funding, to focus on deliveries

Sharma said he had largely achieved the objectives he set as CFO, including strengthening financial controls, building a resilient balance sheet and improving shareholder trust

Hinduja Renewables plans to scale capacity to 10 GW by 2030, betting on solar, wind, hybrids and pumped storage to drive its next phase of growth

Deepak Thakur, HInduja

Standard Chartered expects strong FCNR(B) inflows from key overseas centres as RBI's latest measures boost foreign currency deposits and cross-border banking

PD Singh, CEO India & South Asia, Standard Chartered Bank

MD & CEO Sashidhar Jagdishan's tenure ends this October

HDFC Bank, HDFC Bank chairman, HDFC Bank CEO, Sashidhar Jagdishan, Atanu Chakraborty, Keki Mistry, HDFC Bank board, HDFC Bank leadership, HDFC Bank chairman appointment, HDFC Bank CEO reappointment, HDFC Bank governance, HDFC Bank legal review, HDFC

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

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