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

Acquisition gives Zydus a branded-drugs commercial platform in the US and strengthens its specialty pharmaceutical presence in pain and oncology therapies

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Bharti Airtel will issue shares to promoter group firm ICIL in a cashless transaction that strengthens its indirect holding in Airtel Africa

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Life insurer says the bonus will benefit 22.2 lakh participating policyholders, with a major portion to be paid out during FY27

HDFC Life Insurance

CEO concerned over lower group exposure norms post elevation to upper layer

Parminder Chopra, Chairman and Managing Director, Power Finance Corporation during a press conference in Mumbai on Wednesday May 13, 2026 | Photo: KAMLESH PEDNEKAR

Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets under the Amul brand, on Wednesday hiked milk prices by Rs 2 per litre across India, effective May 14, due to rising input costs.
The last price increase was effected on May 1, 2025.
GCMMF, in a statement, said it has "increased the prices of fresh pouch milk by Rs 2 per litre in major milk selling variants/packs across India effective from May 14".
The increase translates to about 2.5-3.5 per cent per litre, which is lower than the average food inflation, it added.
"The price hike is being done due to an increase in the overall cost of operation and production of milk. There is a substantial increase in the cost of cattle feed, milk packaging film and fuel during the year," GCMMF said.
The cooperative said its member unions have also increased farmers' procurement price by Rs 30 per kg of fat, which is a 3.7 per cent increase over May 2025.
GCMMF is one of the leading suppliers of milk in India.

Amul

The last price increase was effected on May 1, 2025

Law firm says appointment marks a key leadership transition aimed at strengthening operational capabilities and supporting long-term institutional growth

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State-owned infrastructure financier successfully taps long-term bond market despite volatility, investor caution and uncertainty linked to the West Asia crisis

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The industry body is framing a code of conduct, audit norms. and customer protection standards while seeking formal recognition from ministries, said Chairperson Nirupama Soundararajan

DPMACI chairperson Nirupama Soundararajan.

Amazon and Flipkart are expanding dark-store networks beyond major urban markets as competition and saturation pressure profitability in metros

gig economy India FY26, gig worker growth 2025, TeamLease gig jobs data, quick commerce hiring India, e-commerce gig jobs India, logistics gig workforce, last-mile delivery jobs India, festive season hiring India, gig job trends FY26, SkyeAir drone d

The Indian semiconductor startup is developing AI-native processors for appliances, EVs and industrial systems that process data closer to where it is generated

Ramamurthy Sivakumar, founder and CEO of HrdWyr

The development comes at a time when Adda247, which has raised around $67 million to date, is preparing for a public listing over the next 12 to 18 months

Adda247

We expect to extend an additional Rs 18,000 crore- Rs. 20,000 crore of credit under the scheme. We have already identified eligible accounts, and the rollout will begin within the week, he said

Hardeep Singh Ahluwalia, executive director, Canara Bank

In the centenary year marking the inception of Bajaj Group as a business house in Mumbai, Chairman Shekhar Bajaj speaks about the journey and the road ahead for Bajaj Electricals

Shekhar Bajaj, Chairman, Bajaj Electricals

Bajaj outlined the group's ambition to take Bajaj Finserv to every middle-class household in India over next 5 years and build it into country's "best" and one of its largest financial conglomerates

d-sanjiv bajaj-5

Ashok Kumar Panda has assumed charge as chairman and managing director of SAIL, with a focus on expansion, raw material security and value-added steel

Ashok Kumar Panda has assumed charge as chairman and managing director (CMD) of Steel Authority of India Limited (SAIL)

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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