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

Cosmochute is developing its LEAP lunar mobility platform to support payload transportation and deployment on the Moon, with funding aimed at accelerating development and hiring.

L to R: Cosmochute co-founders Amit Chowdhary, Janhavi Gore, Dhruv Alok Sangal

French spirits maker Pernod Ricard, which on Thursday reported a 19 per cent sales growth in India for the September quarter, said its proposed initial public offering (IPO) in the country remains under discussion and is awaiting board approval.
Pernod Ricard said double-digit sales growth in the first quarter of financial year 2027 in the India market, its second largest globally after the US, is  "driven by strong demand and continuing premiumisation" as "the market continues to enjoy dynamic consumer fundamentals".
Pernod Ricard's financial year runs from July 1 to June 30.
"Growth is broad-based across the portfolio, with imported spirits in very strong double-digit growth, including Jameson, Absolut and Ballantine's, and with strong double-digit growth from Seagram's whiskies Royal Stag and Blenders Pride," said the company's earnings statement.
Pernod Ricard said preparatory steps for a potential IPO in India had resulted in a favourable pipeline-filling effect, contributing 

Pernod Ricard

Pernod Ricard reported 19% sales growth in India in the September quarter, while its proposed IPO remains under discussion pending board approval

Public sector UCO Bank on Thursday reported a 27 per cent rise in net profit to Rs 786 crore for the second quarter ended September 30.
The Kolkata-based lender earned a net profit of Rs 620 crore in the same period last fiscal year.
Total income increased to Rs 8,170 crore in the second quarter from Rs 7,421 crore a year ago, UCO Bank said in a regulatory filing.
Interest income improved to Rs 7,286 crore in the September quarter of FY27 from Rs 6,537 crore in the year-ago period.
Operating profit also increased to Rs 1,872 crore against Rs 1,613 crore in the same quarter a year ago.
On the asset quality front, the bank's gross non-performing assets (NPAs) moderated to 1.96 per cent of gross advances at the end of September 2026 compared to 2.56 per cent a year ago.
Net NPAs or bad loans came down to 0.18 per cent at the end of September 2026 compared to 0.43 per cent at the end of September 2025.
However, provisioning against bad loans rose marginally to Rs 444 crore during th

UCO Bank

UCO Bank reported a 27% year-on-year rise in second-quarter net profit to ₹786 crore, supported by higher income, improved operating profit and better asset quality

Two Tata Trusts entities have questioned Mehli Mistry's locus standi to raise governance concerns, arguing that his tenure as trustee ended in October 2025.

Tata Trusts, Bombay House

The defence electronics maker's ₹852 crore offer attracted strong demand across investor categories, while secondary share deals valued the Bengaluru-based firm at ₹4,000 crore

Tonbo

The multi-year partnership will target severe liver and heart conditions, with insitro eligible for up to $1.46 billion in development and commercial milestone payments

AI Health

Reuters

Persistent Systems reported a 25.4% fall in Q2 profit to Rs 351 crore, even as revenue rose 30.3% to Rs 4,664 crore; operating margin narrowed to 15% from 16.3%

Persistent Systems

Accel and Zacua Ventures co-led the funding round, which will help Origin scale deployment of its OG-1 robot, expand its fleet and run customer pilots in overseas markets

Construction Robot

The startup plans to expand beyond Bengaluru and invest in AI, verification and logistics after facilitating ₹25 crore in sales in its first year

Chirag Kataruka & Ankit Misra, Circle

Shamrock AI has raised $5 million in seed funding led by Endiya Partners to develop its enterprise AI assurance platform, strengthen its team and expand its customer base

Anuraag Nallapati, co-founder, and head of product and strategy at Shamrock AI

The children's footwear brand, backed by Peak XV Surge and Veltis Capital, plans to cross 100 retail touchpoints and expand internationally while exploring adult footwear using its patented technology

Satyajit Mittal

ReNew CEO Sumant Sinha said high nuclear power costs could limit adoption in India, while stressing the need for grid expansion, energy storage and domestic supply chains

ReNEW CEO | Image: www.renew.com

Radisson plans to launch its first branded residence in India by December and double its hotel portfolio to 500 by 2030, says global development chief Elie Younes

Elie Younes, executive vice-president and global chief development officer, Radisson Hotel

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

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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