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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Reuters

Transrail Lighting on Friday said it has secured new Engineering, Procurement, and Construction (EPC) orders worth Rs 2,350 crore in domestic market.
The orders were primarily in the domestic Transmission & Distribution (T&D) segment along with a civil order and select wins in poles & lighting.
With these additions, the company's cumulative order inflows for FY26 have crossed Rs 7,980 crore, it said in a regulatory filing.
"The T&D order includes mainly construction of 765 kV transmission lines, along with contributions from civil and poles & lighting underscore our competitive positioning in the market. These orders take our FY26 inflows beyond Rs 7,980 crore," Transrail Lighting MD & CEO Randeep Narang said.
The company also holds lowest bidder position for projects worth over Rs 800 crore and maintains a healthy bidding pipeline across both domestic and international markets, he said.
Mumbai-based Transrail is an EPC player in the transmission and ...

power, energy

Mumbai-based Transrail is an EPC player in the transmission and distribution (T&D) segment, along with civil, railways, poles and lighting, having a footprint across 63 countries

IndiaAI-backed startup to unveil 14bn-parameter voice model in six languages, with plans to scale to all 22 Indian languages within 18 months

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Chennai-based space tech start-up will use its patented upper-stage platform to host AI data modules in orbit, with NeevCloud as its first customer

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Online lending marketplace Olyv has raised $23 million in a Series B round led by Nandan Nilekani's Fundamentum to expand products across insurance, UPI and business loans

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The Bengaluru-based pet care platform will use the funds to expand technology capabilities, strengthen healthcare services and scale up its offline clinics and quick-delivery network

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The funding will be spent for boosting product and data capabilities, and strengthening the company's personalisations

AU Small Finance Bank secures RBI approval to reappoint Sanjay Agarwal as MD & CEO for three years from April 19, 2026

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Bihar Gramin Bank's JEEViKA exposure at ₹11,500 crore; NPAs below 2%

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The latest message comes after Goyal earlier invited former Zomato employees to write to him if they wanted to return to the company

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Carrier calls India a hyper-growth market, plans manufacturing expansion and aims to position the country as a regional export hub for HVAC solutions

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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

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VinFast is committed to making EVs more accessible while contributing to economic growth through investment and local job creation.

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