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

Emirates NBD launches Rs 11,735 crore open offer to acquire up to 26 per cent stake in RBL Bank after securing regulatory approvals

mergers & acquisitions, mergers, acquisitions

Parexel says India is evolving into a strategic innovation and clinical research hub as global pharmaceutical firms shift high-value functions and decision-making roles

Pharma

Sun Pharma's FY26 US revenue declines 0.9 per cent amid continued pressure in generics business despite growth in innovative medicines and specialty portfolio

Sun Pharma

Computer maker Lenovo India has reported a 23 per cent growth in revenue for the financial year 2025-2026, driven by demand in the enterprise segment, a top company official said on Friday.
While the company did not disclose actual numbers, Lenovo India's annual revenue is estimated at around USD 4.18 billion, or around Rs 37,411 crore, for FY26, compared to USD 3.4 billion, or nearly Rs 28,560 crore, in FY25.
Lenovo India VP and Managing Director, Shailendra Katyal, said the company has recorded a 34 per cent year-on-year growth in the March 2026 quarter.
"FY2025-26 has been a strong year for Lenovo India, with our full-year revenue growing 23 per cent year-on-year and Q4FY26 revenue growth at 34 per cent year-on-year, despite a complex external environment. We continued to strengthen our market share across our business groups, with strong growth and demand seen in enterprise solutions," he said.
The strong financial performance in India was driven by the company's innovation, ..

lenovo

Lenovo India VP and Managing Director, Shailendra Katyal, said the company has recorded a 34 per cent year-on-year growth in the March 2026 quarter

Colgate-Palmolive India reports largely flat Q4 net profit due to GST-related charges and restructuring costs, while revenue rises 9.1 per cent year-on-year

Colgate Palmolive India | Image: Company Website

Bernstein says leverage, pledged-share and overseas funding concerns around Adani Group have eased after recent US-related legal overhangs were resolved

Adani, Adani Group

Tata Projects will execute construction work for three luxury residential developments by Godrej Properties along Gurugram's Golf Course Road

Godrej, Godrej properties

Startup expands into salon-at-home services with instant fulfilment model after Bengaluru pilot completed over 2,000 beauty service jobs in six weeks

Snabbit beauty services

The move comes as the early-stage investment firm targets ₹1,000 crore in funds under management over the next 12-24 months

Dhruv Dhanraj Bahl and Ishan Kansal

AI is becoming part of the core infrastructure of India's fintech ecosystem as firms look to automate workflows, tackle fraud, and improve scalability

AI in fintech

The Bengaluru-based robotics startup will use the funding led by IAN Group to drive product innovation, expand in the US and strengthen factory and warehouse deployments

startup, startup funding, funding

Fino Payments Bank MD and CEO Rishi Gupta resigned after seeking voluntary early retirement amid a GST investigation linked to the gaming sector

Rishi Gupta, managing director and chief executive officer (CEO), Fino Payments Bank

Anand Roy talks regarding its ambitious plans to focus on tier II and tier III cities, the rising role of artificial intelligence, and security measures after the data breach incident

Anand Roy, managing director and chief executive officer, Star Health and Allied Insurance

Narendran and Chatterjee discusses a range of issues - from the Q1 outlook, to the cost impact of the West Asia conflict, and the environmental and regulatory challenges facing its Netherlands ops

Keki Mistry likely to get interim extension as HDFC Bank continues search for long-term non-executive chairman

HDFC Life's Chairman, Keki Mistry

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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