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

Bata India Ltd on Thursday said its board has approved the introduction of a Voluntary Retirement Scheme (VRS) for all eligible workers at the Bata Shatak manufacturing unit in Hosur in Tamil Nadu, as part of its ongoing operational restructuring.
In a regulatory filing, the footwear major said the VRS is expected to be "mutually beneficial" for both employees and the company. The status of implementation and the financial impact of the scheme will be assessed and disclosed later in line with its materiality policy.
Bata India has been consolidating its manufacturing footprint over the years amid cost pressures and changing market dynamics. The company had earlier implemented VRS at multiple units, leading to closures.
Its Faridabad unit in Haryana was shut in 2016 after all workmen opted for VRS, while a unit in Karnataka was closed following a VRS implemented in the past.
With the proposed VRS at Hosur, Bata India continues to rationalise its factory operations, even as it retain

Bata India, shoemaker, Bata

Bata India has been consolidating its manufacturing footprint over the years amid cost pressures and changing market dynamics

State-owned BHEL on Thursday said it has secured an order from Bharat Coal Gasification and Chemicals Limited for coal gasification and raw syngas cleaning facilities for coal-to-ammonium nitrate project at Jharsuguda, Odisha.
Bharat Coal Gasification and Chemicals Limited (BCGCL) is a joint venture company of Bharat Heavy Electricals Limited (BHEL) and Coal India Ltd (CIL).
The order covers engineering, procurement, construction, commissioning and performance guarantee of the coal gasification and raw syngas cleaning facilities, which form the core process units of the integrated chemical complex.
The scope of work includes the gasifier and associated auxiliaries, steam generation plant, air separation unit, coal and ash handling systems, and cooling tower facilities.
The project will deploy BHEL's in-house developed Pressurised Fluidised Bed Gasification (PFBG) technology and marks its first commercial-scale application.

Bharat Heavy Electricals Ltd, BHEL

Bharat Coal Gasification and Chemicals Limited (BCGCL) is a joint venture company of Bharat Heavy Electricals Limited (BHEL) and Coal India Ltd (CIL)

Deal discussions collapsed over valuation differences, ending one of India's most closely watched edtech negotiations

Upgrad

Policy overhang limits near-term stock performance

BHEL

Godrej Consumer Products flags double-digit volume growth in Q3 FY26 as home care and soaps rebound, with margins set to recover on lower palm oil prices

Godrej Consumer Product

Mazagon Dock and Germany's Thyssenkrupp may seal a $8-billion submarine manufacturing deal this year under India's Project 75 (I) programme

The sixth submarine of Project 75, Yard 11880, part of the Indian Navy’s Kalvari class was delivered on May 2023 by Mazagon Dock Shipbuilders Ltd

Mazagon Dock Shipbuilders Ltd

German luxury car maker BMW Group posted more than 14 per cent year-on-year growth in car sales in India at 18,001 units during 2025, including 730 units of MINI brand, driven by new product launches and ease of financing, the company said on Thursday.
The company said its electric car sales spiked 200 per cent as it delivered 3,753 units of BMW and MINI brand EVs during the previous year, commanding the largest market share in luxury electric segment in the domestic market.
The company had sold a total of 15,723 cars -- ?15,014 units of BMW and 709 units of MINI brand of cars -- ?in the year ended December 2024.
BMW Group India comprises BMW, MINI brand of cars and Motorrad brand of motorcycles.
At the group level, the company sold 23,842 vehicles -- ?17,271 units of BMW, 730 units and MINI brand of cars and 5,841 motorcycles in 2025 -- it said.
"2025 has been a record-breaking year for BMW Group India with highest-ever sales till date. We crossed the 18,000 units mark in car sal

The company had sold a total of 15,723 cars -- 15,014 units of BMW and 709 units of MINI brand of cars -- in the year ended December 2024

Seed round led by Sorin Investments, with participation from Bessemer Venture Partners, will fund expansion across India, the US and Middle East and deepen investment in AI accelerators, senior talent

Aivar

Venture investors and startup executives are betting on services, enterprise tools in 2026 after missing the infrastructure boom

Artificial Intelligence, AI Technology, IT Sector

With nearly 8,500 schools already on board, LEAD Group is planning its next growth phase ahead of a proposed FY28 IPO

Sumeet Mehta, chief executive officer and co-founder of LEAD Group

The startup's human-like voice AI can handle long sales calls and, according to the company, delivers significantly higher conversion rates than human agents

(L) Devyani Gupta, founder, Arrowhead; (R) Vengadanathan Srinivasan, founder, Arrowhead

PNB expects to recover over ₹400 crore from MTNL and up to ₹500 crore through NPA sales this quarter, as the bank sharpens its focus on asset recovery and balance-sheet strength

Ashok Chandra, Managing Director and Chief Executive Officer, Punjab National Bank (PNB)

CEO Al Cook says India is De Beers' fastest-growing market globally as natural diamond demand logs four years of double-digit growth

De Beers Group

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

IndiaAI Chief Executive Officer (CEO) Abhishek Singh

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

Tak Lee, CEO & Managing Partner Hashed Emergent

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

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