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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The capital raise reflects strong shareholder confidence in Avanse's strategy, governance, long-term growth potential, while reinforcing its disciplined approach to building a diversified funding base

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New Consolidated Construction Company Ltd (NCCCL) has bagged a Rs 112.5 crore contract from realty firm Lodha Developers.
In a statement on Monday, the company said it has received a Letter of Award from Lodha Developers Ltd for the construction of Tower 1 and associated non-tower ancillary structures at a residential development in Alibaug near Mumbai.
"Awarded through a competitive bidding process, the mandate involves a total built-up area of approximately 7.26 lakh sq ft, with an estimated contract value of Rs 112.5 crore (exclusive of GST)," NCCCL said.
Construction at the Alibaug site is expected to commence around mid-January 2026, with an estimated execution period of approximately 24 months.
This is NCCCL's third contract with the Lodha Group, following the completion of a residential project at Palava spanning about 13 lakh sq ft across 11 towers, and a commercial building in Thane.
Established in 1946, Mumbai-based NCCCL is an engineering and construction company. It ..

real estate construction building

Construction at the Alibaug site is expected to commence around mid-January 2026, with an estimated execution period of approximately 24 months

A bench comprising Justices Aravind Kumar and NV Anjaria held that the customs department lacked statutory authority to impose duty on electrical energy cleared from the SEZ to the DTA

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ONGC to acquire 50% stake in ethane carriers run by Japan's Mitsui

Swiggy on Monday announced the launch of EatRight, a new category targeting health-conscious users across more than 50 cities by offering them health-focused food options like high protein, low calorie and no added sugar under a single umbrella.
The food delivery platform also shared insights based on its orders, revealing that Tier-2 cities in India witnessed 2x growth year-on-year in healthy food ordering as compared to metropolitan cities, with Chandigarh, Guwahati, Ludhiana, and Bhubaneswar leading the way.
EatRight will offer over 1.8 million dishes available from over 2 lakh restaurants.
Deepak Maloo, Vice President, Food Strategy, Customer Experience & New Initiatives, Swiggy, said, "With EatRight, we are offering food options that blend seamlessly into a user's regular ordering habits, removes decision fatigue through clear categorisation and integrates healthier choices naturally into everyday food ordering".
In a statement, Swiggy said its partner brands are also ...

A Swiggy delivery worker in Mumbai

EatRight will offer over 1.8 million dishes available from over 200,000 restaurants

Hindustan Petroleum Corporation Ltd (HPCL) has commissioned a residue upgradation facility (RUF) at its Visakhapatnam refinery, significantly enhancing the plant's deep-conversion capability, distillate output and profitability, the company said on Monday.
The 3.55 million tonnes-per-year facility includes India's first residue hydrocracking unit and the world's first LC-Max unit, capable of converting about 93 per cent of low-value bottom-of-the-barrel oils into high-value petroleum products.
The project marks a major step in upgrading India's refining complexity and reducing dependence on imported fuels.
HPCL in a statement said the new unit will raise distillate yields at the Visakh refinery by up to 10 per cent from pre-modernisation levels, and substantially improve gross refining margins by enabling the processing of heavier and opportunity crudes and delivering a superior product slate.
The commissioning follows the Visakh Refinery Modernisation Project and lifts the refiner

HPCL calls for emergency board meeting to clear the revised fiscal package

The project marks a major step in upgrading India's refining complexity and reducing dependence on imported fuels

Private equity firm invests more than ₹1,500 crore for over 35% of the ready-to-cook foods maker, backing its expansion across India and Gulf markets, according to sources

iD Fresh foods

Speaking on the participation of women, Singh said that over 10,000 women beneficiaries are currently availing DSIR schemes, including more than 55 women-led self-help groups

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Credit-infrastructure firm will use the funds to expand AI-driven risk and lending platforms and accelerate growth across the Middle East and Asia-Pacific regions

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India's largest grain-commerce platform will use the capital to deepen farmer engagement, promote climate-smart agriculture and reduce post-harvest losses across the supply chain

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

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

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Central Bank of India expects to meet SEBI's public shareholding norms well before the August 2026 deadline as it sees strong loan growth across retail, MSME and corporate segments and expands digital

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AI, machine learning and 5G are making industrial automation smarter and easier to deploy, as Rockwell Automation deepens its manufacturing and export focus in India

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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.

Pham Sanh Chau

Two-wheeler demand likely to remain tepid until festival season, says HMSI

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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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