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

Mumbai-based conglomerate to deploy AI agents and intelligent robots across 14 business units over three years

Vijay Balakrishnan, GEG's chief digital and information officer

Nissan aims for 100,000 exports and 100,000 domestic sales in FY27 as it launches three new locally built models and leverages India's FTAs to strengthen its global supply base

Thierry Sabbagh, President, Nissan (Middle East, Saudi Arabia, CIS and India)

HUL will invest up to ₹2,000 crore over two years to expand capacity in premium beauty, wellbeing and home care liquids, aiming to enhance supply-chain agility and future readiness

Hindustan Uniliver, HUL

ONGC's Q3 was weighed down by lower crude realisations, but improved gas realisations, rising new well gas share and upcoming projects may bolster medium-term production

Funding may be a mix of borrowing and stake sale

ONGC

SAIL has sought detailed findings from the CCI after the regulator indicated suspicion of cartelisation among major steelmakers, prompting the PSU to initiate legal steps

steelmakers, steel

As summer approaches with a steady rise in temperatures, Mother Dairy on Wednesday said it expects 30 per cent growth across key categories such as ice creams, curd, and dairy beverages.
"With an early onset and a steady rise in temperatures, this year's summer season looks promising for the industry as a whole. We anticipate upwards of 30% growth across key categories such as ice creams, curd, dairy beverages, etc. and are fully geared to meet this surge with enhanced capacities, a robust cold chain, and early asset mobilisation," Mother Dairy Deputy Managing Director Jayatheertha Chary said in a statement.
He said, innovation and product localisation are at the heart of our summer plans across both ice cream and fresh dairy portfolios.
The wholly-owned subsidiary of the National Dairy Development Board (NDDB) highlighted that consumers can look forward to around 30 new offerings - from an industry-first 2-in-1 Matka and Tubs, indulgent Premium Cups and Cones in exciting flavours, 

Mother Dairy

He said, innovation and product localisation are at the heart of our summer plans across both ice cream and fresh dairy portfolios

BharatGen has introduced Param2, a 17-billion-parameter multilingual MoE model optimised for Indic languages, strengthening India's sovereign AI capabilities and digital mission

The BharatGen ‘Param2’ multilingual AI model is set to be showcased at the India AI Impact Summit 2026

The BharatGen ‘Param2' multilingual AI model is set to be showcased at the India AI Impact Summit 2026

Yotta plans a fresh $4 billion investment to buy 40,000 Nvidia GPUs, deepening India's AI compute push as government and global players scale up demand

Sunil Gupta, MD and CEO, Yotta Data Services

ToneTag raised $5 million from Qualcomm Ventures to expand its AI-driven, sound-based payment technology globally, building on rapid scale and billions in monthly transaction value

Kumar Abhishek, ToneTag's chief executive and co-founder

Co-living operator Truliv has launched in Bengaluru with a Whitefield property and plans to add 4,000 beds in two years as part of a wider expansion to 15,000 beds by FY29

co-living spaces

Venture capitalists say stronger IPO exits have boosted LP confidence in long-gestation deep-tech and AI ventures, with family offices also stepping up bets in the sector

Artificial intelligence

CMA CGM chief Rodolphe Saade outlines $650 million-plus India expansion plan spanning shipbuilding, ports and logistics.

Rodolphe Saade

Zapolsky spoke about how Amazon is balancing rapid AI innovation with evolving regulatory guardrails

David Zapolsky, chief global affairs and legal officer at Amazon

BSNL targets 5G soft launch in Delhi within six months, expands AI-led network optimisation and rural edge infrastructure as 4G rollout nears completion

Robert Ravi, Chairman and Managing Director, Bharat Sanchar Nigam Ltd (BSNL)

Jio Financial Services has named Sandeep Khetan as its new Group Chief Risk Officer, replacing S Anantharaman, who has resigned and will step down from the role on March 20

Jio Financial Services

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