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

NTPC Vidyut Vyapar Nigam (NVVN), a wholly-owned subsidiary of NTPC, is planning to begin commercial operations for a 500 MWh battery energy storage capacity soon, a top official said on Thursday.
Speaking to reporters on the sidelines of the 18th India Coal Summit organised by the Indian Chamber of Commerce here, NVVN Chief Executive Officer Somes Bandyopadhyay said, "Very soon we will be able to put 500 MWh BESS in commercial operation and target to commission a further 500 MWh by this financial year."
Battery Energy Storage System (BESS) are systems in which batteries, either individually or more often in groups, are used to store electricity produced by generation plants.
Bandyopadhyay further said, "The government has provided us with a scheme for 3,000 MWh. So in that way, we are into battery energy storage through different modes."
The country is rapidly scaling up its BESS ecosystem with major policy pushes and capacity expansions.
NTPC Vidyut Vyapar Nigam is also engaged i

The NTPC Ltd. logo on a building in Noida, Uttar Pradesh, India

NVVN CEO Somes Bandyopadhyay said the company plans to commission another 500 MWh of battery energy storage capacity during the current financial year under the government's 3,000 MWh scheme

Vedanta Ltd on Thursday declared an interim dividend of Rs 5 per share for the current financial year, amounting to about Rs 1,955 crore.
This is the company's first interim dividend post-demerger, reinforcing the company's focus on delivering value to shareholders as it enters a new phase as a more focused and diversified natural resources company, the company stated in an exchange filing.
"... the board of directors of Vedanta Limited have, today, i.e. October 08, 2026, approved the first interim dividend 2026-27 of Rs 5 per equity share on face value of Rs 1 per equity share for the financial year 2026-27 amounting to Rs 1,955 crore," Vedanta said in the filing.
The dividend comes soon after a strong Q2 FY27 operational performance, with Vedanta reporting broad-based momentum across its businesses. The company recorded record quarterly and half-yearly production across key operations, with particularly strong performance in zinc, ferro alloys, ports and aluminium.
The performanc

Vedanta

Vedanta said the dividend follows strong second-quarter performance, with record quarterly and half-yearly production across key businesses including zinc, aluminium, ferro alloys and ports

The company said its regulatory work is progressing and satellite services will complement terrestrial networks, with use cases in remote areas, aviation, maritime and disaster resilience

Satellite Internet in India

Realty firm Brigade Group on Thursday said it will invest Rs 40,000 crore over the next three years to develop housing, commercial, hospitality and warehousing projects across major cities in South India, as part of its expansion plan.
Bengaluru-based Brigade Group on Thursday marked the completion of 40 years in business.
Outlining its growth plans for the next three years, Brigade Group said in a statement that it will invest around Rs 40,000 crores over the next three years for a development pipeline of 40 million sq. ft. across its markets.
Over the past four decades, Brigade has developed more than 110 million sq. ft. across 300+ projects and established its presence across 10 cities.
The Group has built a diversified portfolio that includes residential communities, office developments, retail destinations, and hotels.
"Brigade was built on the belief that real estate is ultimately about creating places that have enduring value for people, businesses and communities. Over fou

real estate, residential buildings

Bengaluru-based Brigade Group on Thursday marked the completion of 40 years in business

Info Edge (India) Ltd on Thursday reported a 12.8 per cent year-on-year increase in its standalone billings to Rs 822.3 crore for the second quarter ended September 30, 2026.
The company, which operates platforms, including Naukri.com and 99acres, had posted standalone billings of Rs 729 crore in the July-September period of the previous fiscal year, according to a regulatory filing.
For the first half of the financial year (H1 FY27), total standalone billings grew 13.5 per cent to Rs 1,559.3 crore compared to Rs 1,373.2 crore recorded in the corresponding period of the previous year.
Billings from the recruitment solutions segment rose 12.6 per cent to Rs 613.8 crore during the second quarter, up from Rs 545 crore in the year-ago period.
"Adjusting for renewal timing differences, management estimates underlying growth in Q2FY27 at approximately 14-15 per cent YoY, against reported growth of 12.6 per cent," the filing said.
The real estate vertical, 99acres, recorded a 21.2 per ce

Info Edge (India), InfoEdge

The Naukri.com operator's standalone billings rose to ₹822.3 crore in the September quarter from ₹729 crore a year earlier, while H1 FY27 billings grew 13.5 per cent to ₹1,559.3 crore

Reliance shares imply a 36 per cent discount to the value of its roughly two-thirds stake in Jio Platforms, though analysts see about 25 per cent as a more sustainable gap after the telecom unit lists

Jio platforms, jio industries

Bloomberg

Amazon has cut nearly 1,000 white-collar jobs, affecting employees in India, the US and the UK. The layoffs mainly impact its Stores unit as the company expands its focus on AI

Amazon

The edtech startup plans to expand from 40 to 120 institutions in two years and strengthen its AI-led learning platform, academic capabilities and skilling programmes

funding winter

Flipkart's travel arm expects non-air business to account for nearly half its revenue and says it could become self-sustaining without parent funding in a couple of years

Manjari Singhal, chief growth and business officer, Cleartrip

Backed by MEMG, the company is betting on AI, university partnerships and lower acquisition costs while avoiding the high-spend consumer model that hurt several edtech rivals

Ambrish Sinha, Founding CEO, UNext Learning

The company is India's first start up to be granted an US patent on this technology which combines optical images with SAR to provide better quality image despite smoke and clouds in the atmosphere

galaxeye, Pranit Mehta, cofounder and vice-president of sales

Akash Ambani said Jio aspires to deliver India's biggest IPO, while satellite broadband, affordable tariffs and wider connectivity will remain central to its growth strategy

Akash Ambani

Harsh Shah says that the KKR-backed InvIT continues to focus on delivering predictable distributions while growing AUM

Harsh Shah, managing director, IndiGrid Infrastructure Trust

Suzlon's Girish Tanti expects rising demand to prompt a higher wind capacity target, with the sector on track for 100 GW by 2030 and grid bottlenecks likely to ease

Girish Tanti, Executive Vice Chairman, Suzlon Group during a Suzlon 2.0 Media Meet in Mumbai on 3rd June 2026. (Photo: Kamlesh Pednekar)

Growing at over 50%, India overtakes Switzerland; brand plans more mono-brand boutiques in Tier-II cities

Sylvain Dolla

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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