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

Depreciation, finance costs from new Noida facility and one-time labour code impact weigh on December-quarter profit

early-bird results for Q3FY25

US-listed IT major beats growth guidance for 2025 on strong deal wins, margin expansion and rising financial services demand

Ravi Kumar, Chief Executive Officer (CEO), Cognizant

Five-acre heritage parcel in central Madurai to be developed into premium residential and commercial plotted project

Real estate

India's second-largest pathology chain reported strong year-on-year profit growth in the December quarter, supported by higher test volumes, preventive care demand and specialised diagnostics

Q3 result

Marico has signed definitive agreements to acquire a majority stake in digital-first wellness brand Cosmix Wellness, valuing the company at ₹375 crore and strengthening its health portfolio

Marico

The Supreme Court asked the Enforcement Directorate to set up a senior-level SIT to take forward the probe into alleged large-scale bank fraud involving RCOM and Anil Ambani

Reliance Communication, RCom

StarAgri has remained profitable since inception, while its non-performing assets continue to remain below 1 per cent, reflecting disciplined risk management and balance sheet strength

agri, staragri

Sequoia-led funding round triples voice-AI startup's valuation as it expands beyond speech into full audio stack

Artificial Intelligence

Climate-tech firm to use fresh capital to expand globally, deepen science capabilities and scale biochar-focused industrial partnerships

varaha, varaha climate tech

The scrapping of the Rs 10 lakh per-consignment cap on courier exports in the Union Budget 2026 is expected to ease bottlenecks for MSMEs and D2C startups and improve cross-border e-commerce economics

Photo: Shutterstock

Emergent CEO Mukund Jha explains how Emergent went from zero to $50 million in seven months by letting business owners build their own software

Emergent co-founder Mukund and Madhav Jha.

Enterprise AI firm Fractal Analytics sets ₹857-900 IPO price band as cofounder Srikanth Velamakanni bets on long-term growth, R&D and India's AI future

Srikanth Velamakanni, CEO and cofounder, Fractal Analytics

Former SBI managing director Vinay Tonse will take over as MD & CEO of Yes Bank as the lender seeks to accelerate growth after stabilising its balance sheet

Vinay Muralidhar Tonse

Sam Altman also addressed ongoing tensions with Musk and the frequent criticism Musk directs at OpenAI, particularly around safety

Sam Altman

Last month, the Supreme Court asked the CBI and ED to file status reports on their investigations into alleged large-scale banking and corporate fraud

ED links Anil Ambani firms to loan diversion; summons him August 5

Anil Ambani

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

Companies News: Get latest company news, company results, company interviews, company financials, company analysis, company disclosure, corporate news, company announcements at Business Standard.

Company News: Company Business News, Indian Companies News, Company Analysis, Corporate Industry News

Get latest company news, company results, company interviews, company financials, company analysis, company disclosure, corporate news, company announcements at Business Standard.

Companies

Start Ups

People

Results Corner

Result Calendar

Brokerage Reports

Result News