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

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The Commission found that the quotation of identical prices, timing of submission of financial/commercial bids and similar prior conduct support the conclusion of concerted action

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Reliance Industries said its Jamnagar refinery has not received Russian crude in three weeks and expects no deliveries in January

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The explorer aims to capitalise on emerging opportunities in energy logistics, strengthen integration, and establish an operational presence in specialised shipping

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The capital raise reflects strong shareholder confidence in Avanse's strategy, governance, long-term growth potential, while reinforcing its disciplined approach to building a diversified funding base

money, Rs, rupees, currency, funding, fund, funds

New Consolidated Construction Company Ltd (NCCCL) has bagged a Rs 112.5 crore contract from realty firm Lodha Developers.
In a statement on Monday, the company said it has received a Letter of Award from Lodha Developers Ltd for the construction of Tower 1 and associated non-tower ancillary structures at a residential development in Alibaug near Mumbai.
"Awarded through a competitive bidding process, the mandate involves a total built-up area of approximately 7.26 lakh sq ft, with an estimated contract value of Rs 112.5 crore (exclusive of GST)," NCCCL said.
Construction at the Alibaug site is expected to commence around mid-January 2026, with an estimated execution period of approximately 24 months.
This is NCCCL's third contract with the Lodha Group, following the completion of a residential project at Palava spanning about 13 lakh sq ft across 11 towers, and a commercial building in Thane.
Established in 1946, Mumbai-based NCCCL is an engineering and construction company. It ..

real estate construction building

Construction at the Alibaug site is expected to commence around mid-January 2026, with an estimated execution period of approximately 24 months

A bench comprising Justices Aravind Kumar and NV Anjaria held that the customs department lacked statutory authority to impose duty on electrical energy cleared from the SEZ to the DTA

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ONGC to acquire 50% stake in ethane carriers run by Japan's Mitsui

With this announcement, Even Healthcare reports operating break-even within six months of its first hospital launch. The fundraise also marks a 2x valuation milestone for the company

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Private equity firm invests more than ₹1,500 crore for over 35% of the ready-to-cook foods maker, backing its expansion across India and Gulf markets, according to sources

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Speaking on the participation of women, Singh said that over 10,000 women beneficiaries are currently availing DSIR schemes, including more than 55 women-led self-help groups

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Credit-infrastructure firm will use the funds to expand AI-driven risk and lending platforms and accelerate growth across the Middle East and Asia-Pacific regions

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India's value lies in building products on top of indigenous models developed with locally developed parameters, says Abhishek Singh

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Venture capital firm Hashed Emergent's CEO Tak Lee on why India's Web3 startups are building necessities, not luxuries

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Central Bank of India expects to meet SEBI's public shareholding norms well before the August 2026 deadline as it sees strong loan growth across retail, MSME and corporate segments and expands digital

Kalyan Kumar, Managing Director and Chief Executive Officer, Central Bank of India

AI, machine learning and 5G are making industrial automation smarter and easier to deploy, as Rockwell Automation deepens its manufacturing and export focus in India

Dilip Sawhney, Managing Director, Rockwell Automation India

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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