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

The drugmaker said it is monitoring its systems and maintaining normal operations after reports that a hacking group claimed to have stolen and published company data

Novo Nordisk

Backed by GIC, Genus Power expects strong growth from India's smart metering drive and plans to install 2.4 crore meters over the next two to three years

Genus Power smart meter

After taking the lead in the telecom services segment on the ground, IPO-bound Jio is now looking to step up its game in connectivity from the skies with indigenous communications satellites, Jio Platforms managing director Akash Ambani said on Friday.
At present, the satellite communications segment is dominated by foreign companies like Elon Musk-led Starlink and French service provider Eutelsat.
"Jio connected India on the ground. Now, we must connect India from the skies. There are still remotest villages, island communities, and border outposts where the Jio network cannot reach. For them, satellite connectivity will be the bridge to the rest of India. Jio is evaluating the development of a sovereign Low Earth Orbit satellite constellation for India," Ambani said.
While speaking at the 49th Annual General Meeting of Reliance Industries Limited, he said Jio is also partnering with a global constellation for leasing satellite capacity.
"We are also partnering with the leading ..

Jio Platforms Managing Director Akash Ambani addresses the 49th Annual General Meeting (post-IPO) of Reliance Industries Limited, in Mumbai, Maharashtra. (@RelianceUpdates/YT)

At present, the satellite communications segment is dominated by foreign companies like Elon Musk-led Starlink and French service provider Eutelsat

RIL Chairman Mukesh Ambani outlined RIL's next phase of growth, with plans spanning sovereign artificial intelligence infrastructure, satellite broadband, 5G expansion and digital services

Mukesh Ambani

Jio said its proposed IPO will consist of a fresh issue of up to 270 million equity shares with a face value of ₹10 each, with pricing to be decided through book building

Reliance Jio

State health authorities are investigating complaints from farmers who reported skin ailments and alleged contamination of agricultural land near the facility in Hosur

Iphone, mobile making, phone

Reuters

The real estate and investment firm is in advanced talks on three projects that would take its data centre capacity beyond 1 GW, with additional land acquisitions planned to support future growth

RMZ Group

Innovist founding team will remain in place as minority shareholders and will continue to operate and scale the business in collaboration with L'Oreal India

Loreal-innovist

The Bessemer-led funding will help the startup expand clinics and veterinary services, broaden insurance offerings and invest in technology

Gaurav Ajmera, Founder & CEO, Vetic

AI verification startup plans to use proceeds to train formalisation models, expand research team and scale operations across regulated sectors

investment, funds, funding

The Shaadi.com founder says India must strengthen digital sovereignty, curb Big Tech dominance and create a policy environment that supports homegrown innovation

anupam mittal, shark tank, shaadi.com

Meta sees India as a key hub for AI-driven infrastructure growth, with its upcoming Jamnagar data centre reflecting a long-term investment strategy

Santosh Janardhan, VP Infrastructure, Meta

Coforge aims to reach $5 billion in revenue within four years, banking on AI-driven demand while viewing LLM firms as partners rather than competitors

Sudhir Singh, Chief Executive Officer (CEO) and Executive Director (ED), Coforge

Beauty has become Amazon India's biggest customer acquisition engine, fuelled by rising demand from non-metro consumers

Siddharth Bhagat, director of Amazon Beauty

Joshi, who has been serving as acting CMD since October 2025, takes charge of the state-owned reinsurer following the retirement of N Ramaswamy

Hitesh Joshi | Image: Official Website

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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