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

Raymond Realty has entered the central Mumbai market with a ₹5,000 crore luxury residential project in Wadala, betting on strong end-user demand, rising property values and large-format lifestyle deve

branded residence, housing, real estate

To initially invest ₹3,500cr by 2030; to create 2,000 specialised beauty tech roles

loreal, loreal india

Mumbai-based Labdhi Lifestyle has launched a grade-A commercial project in Bandra Kurla Complex with a GDV of over ₹1,000 crore, banking on strong office demand amid limited new supply in core BKC

LABDHI LIFESTYLE, REAL ESTATE

The NPCI-run BHIM Payments App recorded strong growth in CY25, with monthly transactions rising over four-fold, driven by higher adoption, growth in small-ticket payments and rising trust in user

BHIM mobile app

Bank of Baroda on Wednesday announced the signing of a pact with India Infrastructure Finance Company Ltd (IIFCL) to facilitate joint lending and loan syndication for a wide range of infrastructure projects.
This partnership will accelerate the growth of key infrastructure projects being set up in India, the bank said in a statement.
Under the agreement, IIFCL and Bank of Baroda will collaborate to jointly finance a diverse range of infrastructure projects.
Palash Srivastava, Deputy Managing Director of IIFCL said that IIFCL is actively supporting national objectives by enabling long-term and sustainable financing for infrastructure, with a strong focus on green finance, MSMEs and rural infrastructure - thereby fostering inclusive and resilient economic growth.
"Bank of Baroda has an extensive nationwide presence and this collaboration with IIFCL positions us well to extend our reach and deliver innovative financing solutions that will support India's infrastructure ambitions," Lal

Bank of Baroda

This partnership will accelerate the growth of key infrastructure projects being set up in India, the bank said in a statement

Electric motorcycle maker MATTER Motor Works plans to invest USD 100 million dollars (nearly Rs 915 crore) in the next three years, as it plans to roll out four bikes besides entering the electric scooter segment, its Founder and Group CEO Mohal Lalbhai said on Wednesday.
The company is targeting annual sales of 3 lakh units by 2029, while it looks to start exports to overseas markets by 2027, Lalbhai told PTI.
"We are talking about four different classes of products. There will be variants underneath, but it will be four motorcycles and one scooter," he said when asked about the company's product rollout plans.
Elaborating further, Lalbhai said, "We started off with a 175 to 200 cc equivalent (electric bike). We are going to be bringing in a 150 cc (equivalent) in 2026, then bringing in a 125 cc product in 2027, creating different form factors of the 150 cc and the 200 cc over 2028 and 2029."
Then, towards 2029, he said, "We are looking at introducing a scooter once our entire ...

MATTER Motor Works

The company, which showcased its AI-Defined vehicles (AIDV) platform at its Technology Day 3.0, here, said its future products will be built on a common AI-defined hardware, software and data backbone

K P Energy on Wednesday posted a 58 per cent on-year rise in consolidated net profit to Rs 41.35 crore in the December quarter, mainly on the back of higher revenues.
"The company has recorded its highest-ever Q3 Profit After Tax (PAT) on a consolidated basis for Q3FY26 at Rs 41.35 crore in comparison to that for Q3FY25 at Rs 26.39 crore, representing a growth of 58 per cent," a company statement said.
According to the statement, its consolidated revenue from operations reached its highest-ever level for a second quarter, rising from Rs 211.84 crore in Q3FY25 to Rs 344.96 crore in Q3FY26 - a growth of about 63 per cent.
The board also declared the third interim dividend at 4 per cent per equity share having a face value of Rs 5 each for 2025-26. The record date for the dividend will be January 28, 2026.
The board also approved the allotment of 6,88,800 equity shares of face value Rs five each, fully paid-up, upon conversion of an equivalent number of warrants to Faruk G. Patel, ...

Q3 result

The company has recorded its highest-ever Q3 Profit After Tax (PAT) on a consolidated basis for Q3FY26 at ₹41.35 crore

The direct-to-consumer kitchenware brand has raised $5 million in a pre-Series A round led by Fireside Ventures to expand R&D-led product portfolio and strengthen supply chain, innovation capabilities

Kitchen Appliances, Microwave oven, oven, gadgets, appliances

The firm has raised $100 million in seven months, with over 5 million users creating and shipping products in more than 190 countries

Emergent Co-founders- Mukund Jha & Madhav Jha

Fundamentum-led Series A backs materials-science research, in-house IP and expansion of an Asia-wide manufacturing network

Shrestha Kukreja, founder of Whizzo

Three Indian entrepreneurs on Monday came together here to launch a next-generation integrated clean energy platform, LNK Energy, with an initial investment of Rs 10,000 crore over the next five years.
It will begin operations with a 6 GW solar cell and module with an integrated ingot and wafer plant in Maharashtra, the organisers said during the launch on the sidelines of the World Economic Forum Annual Meeting 2026.
LNK Energy's areas of operation would include advanced manufacturing, green fuels, and renewable energy generation.
The company said its first project will be spread over 60 acres at Chhatrapati Sambhaji Nagar, Maharashtra, and will manufacture high-efficiency solar cells and modules using advanced technologies and global best practices.
It has signed an agreement with the Maharashtra government for setting up the project.
Its co-founders are Paritosh Ladhani, Joint Managing Director of SLMG Beverages, the largest bottler of Coca-Cola in India; Kushagra Nandan, ...

clean energy

They said the company will focus on supporting sustainable growth, responsible industrial development, and long-term energy security for India

Zomato and Blinkit parent Eternal has announced a leadership transition, with founder Deepinder Goyal stepping down as group CEO and Blinkit chief Albinder Dhindsa set to take charge from February 1

deepinder goyal

This transition allows Eternal to remain sharply focused, while giving me the space to explore ideas that do not fit Eternal's risk profile, Goyal said

Goyal's decision is subject to shareholders' approval, and he will continue to remain on the board of directors as Vice Chairman

Deepinder Goyal

Speaking at the World Economic Forum 2026 Annual Meeting, Nadella said the benefits of AI need to be much more evenly distributed to avoid it from becoming a bubble

Satya Nadella, Satya, Microsoft CEOSatya Nadella, Satya, Microsoft CEO

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

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