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

Delivery and quick commerce platforms raised per-order payouts and rolled out fresh incentives for December 31, even as gig worker unions called a nationwide strike over pay and conditions

Swiggy, Zepto

A complaint was filed against Disney Worldwide Services and Disney Entertainment Operations in a federal court in California over alleged violations of US children's privacy rules

Walt Disney

Hyundai Motor India Ltd on Wednesday said it will increase prices by around 0.6 per cent across its model range, effective from January 1, 2026, citing a rise in the cost of precious metals and commodities.
The company will implement a weighted-average price increase of around 0.6 per cent across its model range due to the rise in the cost of precious metals and commodities, Hyundai Motor India Ltd (HMIL) said in a regulatory filing.
"While the company continuously strives to optimize costs and minimize the impact on its customers, the company is constrained to pass on some of the increased costs to the market through this minor price increase," it added.
At present, the company sells a range of vehicles, from the hatchback i10 Nios to the electric SUV IONIQ 5, priced from Rs 5.47 lakh to over Rs 47 lakh (ex-showroom).

Hyundai, Hyundai motors, Hyundai IPO

At present, the company sells a range of vehicles, from the hatchback i10 Nios to the electric SUV IONIQ 5, priced from Rs 5.47 lakh to over Rs 47 lakh (ex-showroom)

Adani Green Energy (AGEL) on Wednesday said the company, through its various step-down subsidiaries, has operationalized an aggregate 307.4 MW power projects at Khavda, Gujarat, from January 1, 2026.
With the commissioning of these plants, AGEL's total operational renewable generation capacity has increased to 17,237.2 MW, according to a regulatory filing.
According to the filing based on relevant clearances, the company plans to operationalize these plants and commence power generation from January 1, 2026.
Adani Hybrid Energy Jaisalmer Five Ltd operationalised the largest-capacity 126 MW hybrid project.
Adani Green Energy Twenty Five C Ltd operationalised a 75MW solar project, while Adani Green Energy Twenty Six B Ltd synced 50 MW hybrid project.
The other step-down arms, which operationalised renewable projects, are Adani Hybrid Energy Jaisalmer Five Ltd (31.2 MW of wind energy), Adani Green Energy Twenty Six B Ltd (25 MW of wind energy) and Adani Renewable Energy Forty One Ltd

Adani Green Energy solar project, 7 GW solar power project, Andhra Pradesh solar energy, Azure Power PPA transfer, SECI solar projects, CERC solar ruling, solar power regulatory approval, Adani Green Energy SECI deal, 2.3 GW PPA Adani, solar energy I

With the commissioning of these plants, AGEL's total operational renewable generation capacity has increased to 17,237.2 MW, according to a regulatory filing

Debt-laden Vodafone Idea, however, has denied receiving any official communication from the Centre regarding the relief package

Just a day ahead of the hurriedly called Vodafone Idea (Vi) meeting meant to soothe the nerves of investors amid the company’s sliding stock price and a negative narrative around it, the telco announced a $3.6-billion (Rs 30,000 crore) deal with glob

Just a day ahead of the hurriedly called Vodafone Idea (Vi) meeting meant to soothe the nerves of investors amid the company's sliding stock price and a negative narrative around it, the telco announced a $3.6-billion (Rs 30,000 crore) deal with glob

Food delivery platforms Zomato and Swiggy are offering more incentives to their delivery partners, a standard practice they follow on festive periods, to ensure minimal disruptions in services on New Year's Eve amid strike call by gig workers' unions.
Telangana Gig and Platform Workers' Union (TGPWU) and Indian Federation of App-Based Transport Workers (IFAT) have claimed that lakhs of workers are set to join the nationwide strike to demand better payouts and improved working conditions.
The strike may affect the operations of food delivery and quick commerce firms like Zomato, Swiggy, Blinkit, Instamart and Zepto on New Year's Eve, when demand is at an all-time high, according to industry sources.
Zomato has offered delivery partners payouts of Rs 120 to Rs 150 per order during peak hours between 6 pm and 12 am on New Year's Eve. The platform has also promised earnings of up to Rs 3,000 over the course of the day, subject to order volumes and worker availability, people in the know

Zomato, Zomato stock, Food delivery

Zomato has offered delivery partners payouts of Rs 120 to Rs 150 per order during peak hours between 6 pm and 12 am on New Year's Eve

The Adani Group's stance contrasts with the country's two largest airlines, IndiGo and Air India, which want New Delhi to be cautious about opening local skies to overseas carriers

Adani Group

Milk topped orders across cities in 2025, as Zepto data shows Indians increasingly turning to quick commerce for daily staples, snacks and beverages

Zepto

Shailesh Haribhakti, a management expert, said that many startups that were founded during the pandemic boom were built on rapid scaling and the assumption of endless capital

startup funding, startups

Quick commerce unicorn Zepto plans to file draft IPO papers via the confidential route, aiming to become India's first pure-play qcom platform to list on the bourses

Indian robotics startups are developing humanoid and quadruped robots using locally built software while relying on global supply chains for critical hardware, as deployments steadily rise

Robots, Humanoid, Dog

Calling uncertainty the new constant, Tata Group chairman N Chandrasekaran urges bold risk-taking, disciplined execution and long-term investment to seize strategic opportunities ahead

N Chandrasekaran, Chandrasekaran

Titan Company has appointed IAS officer Sandhya Venugopal Sharma as chairperson and additional director from January 4, following a nomination by co-promoter TIDCO

Titan

Indian Bank's Sudhir Kumar Gupta outlines how credit, fintech partnerships and startup funding can help Uttar Pradesh move towards a $1 trillion economy

Sudhir Kumar Gupta, chief general manager, Indian Bank

UPPTCL MD Mayur Maheshwari outlines plans for a green, tech-driven transmission grid to power Uttar Pradesh's $1 trillion economy ambition

Mayur Maheshwari

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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