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

Samsung India Electronics profit declined 36 per cent to Rs 7,228.10 crore for the financial year ended March 31, 2026, according to a RoC filing by the consumer electronics major.
However, its revenue from operations rose slightly by 1.2 per cent to Rs 1.12 lakh crore in FY26, according to financial data accessed through the business intelligence platform Tofler.
Samsung India Electronics reported revenue from operations of Rs 1,11,183.40 crore on a consolidated basis for FY25, and its profit stood at Rs 11,287.50 crore.
Its total consolidated income, which includes other income, was Rs 1,14,738.60 crore (1.14 lakh crore) in FY26.
An email sent to Samsung India Electronics seeking comments regarding the filing remained unanswered at the time of the story filing.
Part of the South Korean chaebol Samsung Electronics operates in segments such as mobile phones, tablets, televisions, home appliances and computers in the Indian market.
Samsung India Electronics gets its major contribu

Samsung, Samsung Electronics

Samsung India Electronics profit declined 36 per cent to Rs 7,228.10 crore for the financial year ended March 31, 2026, according to a RoC filing by the consumer electronics major.

The five-year partnership will see Binance promote USDC across its global platform, particularly in emerging markets, while Circle provides infrastructure services

Binance

A seven-judge Constitution Bench is examining whether states can impose a surcharge, additional tax or cess on sales or purchases based on an existing tax

Justice Surya Kant

The dispute concerns when the NCLT can direct an extraordinary general meeting under Section 98 of the Companies Act and whether other remedies must first be used

Supreme Court of India

Mahindra has raised monthly capacity for the Thar and Thar Roxx to around 11,000 units and built more than 30 days of inventory ahead of the festive season

Mahindra Thar ROXX

German Green Steel and Power Ltd will hit the primary market on September 25 with a Rs 304-crore initial public offering (IPO), as the iron and steel maker seeks funds to expand its manufacturing capacity and invest in renewable power.
In a public announcement, the Gujarat-based company has fixed a price band of Rs 132-139 per equity share for its IPO, which is scheduled to close on September 29.
The IPO comprises a fresh issue of equity shares worth up to Rs 290 crore and an Offer for Sale (OFS) of 10 lakh equity shares valued at Rs 13.9 crore.
At the upper end of the price band, the issue size works out to around Rs 304 crore.
The company has reduced its issue size as the earlier IPO plan comprised a fresh issue of up to Rs 450 crore and an OFS of up to 20 lakh equity shares.
Proceeds from the fresh issue will be utilised for the expansion of the company's manufacturing facility at Samakhiyali, Kutch, Gujarat, and a hybrid wind and solar power plant, repayment of debt, and gener

L to R - Ibrarulhaq Iraki, Whole-time Director, German Green Steel and Power Limited, Inamulhaq Iraki, Chairman, German Green Steel and Power Limited and Abdulhaq Iraki, MD, German Green Steel and Power Limited at the IPO Press Conference in Mumbai o

German Green Steel and Power Ltd will hit the primary market on September 25 with a Rs 304-crore initial public offering (IPO)

NXP CTO Lars Reger says connected smart devices will boost chip demand, while physical AI, automotive systems, smart appliances and payments offer opportunities

Lars Reger

AceVector's IPO opens on September 25 as Snapdeal co-founder Kunal Bahl reflects on its journey and says the company remains focused on long-term growth

Kunal Bahl, co-founder, Snapdeal

Founders who grew up in India account for $560 billion of founder-share-attributed value across 205 current and former unicorns abroad, Prosus and Dealroom find

founders

Mumbai-based Vytalyou has raised Rs 8-10 crore at a valuation of around Rs 33 crore to expand its network in Mumbai and enter other major Indian cities in 2027

healthcare, doctor

E-commerce giants bank on speed as they expand beyond metros ahead of Big Billion Days, Great Indian Festival sale event.

quick commerce

Publicis Sapient CEO Nigel Vaz on why his company skipped the low-cost, headcount-driven model that built India's IT industry, and bet on AI instead

Nigel Vaz,

India is set to build over 70% of its data centre capacity in the next five to six years, driven by AI workloads, data localisation and rising enterprise demand

Puneet Chandok

Manish Sharma, the former Panasonic India Chairman & CEO, has joined farm- and construction-equipment major Escorts Kubota, according to a regulatory filing.
Sharma, a veteran consumer durables and manufacturing executive, has joined as President of Escorts Kubota's Agri Business, the company's largest business segment.
He will be responsible for the Tractor Business Division, Agri Solutions Business Division and Service and Spare Parts Business Division in domestic and international  markets, Escorts Kubota said in a regulatory filing on Monday.
This move marks a new chapter for Sharma, who has over three decades of experience in the appliances and consumer electronics industry, including a 17-year long leadership role at Panasonic India.
His appointment comes at a time when Escorts Kubota is sharpening its focus on technology-led farm mechanisation, exports and premiumisation of its tractor portfolio amid increasing competition in the agricultural machinery sector.
Founded by ..

Escorts Kubota

Sharma, a veteran consumer durables and manufacturing executive, has joined as President of Escorts Kubota's Agri Business, the company's largest business segment

India must leverage its growing design capabilities to build globally competitive products and strengthen its position in innovation, says Endiya Partners managing director Sateesh Andra

Sateesh Andra

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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