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

Mukesh Ambani says the investment will build India's sovereign compute capacity, expand data centres, green power and edge infrastructure to make AI affordable and ubiquitous

Mukesh Ambani, Ambani

High-level committee and working group to oversee personnel integration, restructuring, technology alignment and regulatory approvals for the proposed merger

Last week, at a conference of state power ministers in New Delhi, Union Power Minister M L Khattar urged them to publicly list their profit-making power sector entities. “Those states which have good performing generating or transmission companies (g

Swiggy cites business economics and long-term priorities in shutting Snacc, even as its food delivery segment grows and platforms serve attendees at the India AI Impact Summit

Swiggy

The 356-unit project in Hebbagodi, Electronic City, features large-format 3-5 BHK homes, a 17,700 sq ft clubhouse and over 45 lifestyle amenities across an elevated podium

Puravankara Limited, real estate

Brazilian aircraft maker Embraer on Thursday announced its plans to establish a maintenance, repair and overhaul (MRO) facility in India, in collaboration with Mahindra Group, for C-390 Millennium aircraft after its selection in the Indian Air Force's Medium Transport Aircraft (MTA) programme.
The proposed MRO facility, as part of its localisation strategy in the domestic market, will provide comprehensive maintenance and sustainment for the C-390 fleet, supporting high levels of operational readiness and availability, Embrarer said in a statement.
The proposed facility is expected to deliver a full spectrum of services, including base and heavy maintenance, structural inspections and testing, component repair and overhaul, avionics support, and training, it added.
The initiative reinforces the companies' joint commitment to positioning the C-390 Millennium as a strong solution for India's future medium transport aircraft requirements.
Embaer and Mahindra Group had last October ink

India to get C-390 Millennium MRO facility by Embraer, Mahindra

Embaer and Mahindra Group had last October inked a strategic partnership to produce the C-390 Millennium multi-mission military transport aircraft in India

One Marina, a 74-storey project with a ₹2,800 crore GDV, marks ASG's push in South Mumbai as developers expand portfolios through joint ventures and acquisitions

branded residence, housing, real estate

The 1,400-seat lease highlights rising corporate demand for flexible, tech-enabled workplaces, as Enzyme also signs a major 120,000 sq ft deal with Vyapar

Paytm

The summit spotlight was recent, but Sarvam AI's rise began years earlier, as two engineers built an India-first AI startup focused on sovereign models, local datasets and real-world applications

Sarvam AI at India AI Impact Summit 2026.

IIT Madras-incubated startup to use NVIDIA Omniverse and IGX platforms to build a digital twin of its e200x aircraft, accelerating simulation, autonomy testing and DGCA certification

The ePlane, ePlane logo

Yotta plans a fresh $4 billion investment to buy 40,000 Nvidia GPUs, deepening India's AI compute push as government and global players scale up demand

Sunil Gupta, MD and CEO, Yotta Data Services

ToneTag raised $5 million from Qualcomm Ventures to expand its AI-driven, sound-based payment technology globally, building on rapid scale and billions in monthly transaction value

Kumar Abhishek, ToneTag's chief executive and co-founder

Dell adviser says India's phased approach to sovereign AI is right path

Vivek Mohindra, special adviser to Dell's vice chairman and chief operating officer Jeff Clarke

Bharti Enterprises chairman says AI will power Airtel's operations and security focus, as leaders at India AI Impact Summit discuss open standards and frugal innovation

sunil mittal

CMA CGM chief Rodolphe Saade outlines $650 million-plus India expansion plan spanning shipbuilding, ports and logistics.

Rodolphe Saade

Zapolsky spoke about how Amazon is balancing rapid AI innovation with evolving regulatory guardrails

David Zapolsky, chief global affairs and legal officer at Amazon

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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