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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Business Standard

Peak XV Partners has closed $1.3 bn across three funds-its first independent raise since parting from Sequoia-targeting AI, fintech, consumer tech and deeptech ventures in India and APAC

Peak XV said that it remained among the largest investors within its own fund

Sridhar Vembu says AI-driven coding is making dramatic productivity gains and transforming software work, even as Zoho broadens its ambitions into deep-tech fields such as hardware and quantum sensing

Sridhar Vembu

TCS is rapidly increasing hiring of engineering graduates with specialised AI and digital skills, with high-skill cadres now accounting for 60% of fresher intake as it pursues an AI-first strategy

Sudeep Kunnumal, chief human resources officer, TCS

TCS CEO K Krithivasan said AI will not cause significant job shrinkage in software engineering, noting evolving roles and sustained need for system integration despite rising automation

K Krithivasan, managing director and chief executive officer (MD & CEO), Tata Consultancy Services (TCS)

JSW Infra will raise up to 25 crore equity shares to support expansion and comply with Sebi's 25% public shareholding rule, as it targets 400 MTPA capacity and major logistics investments

UPL will demerge and consolidate its India and global crop protection businesses into a new listed entity, UPL Global, enabling focused value discovery across the group's operations

UPL, Agriculture

It has nearly ₹1 trn capacity to lend towards this segment; bank to file prospectus with Sebi by March for SBI MF IPO

C S Setty, Chairman, State Bank of India (SBI) | (Photo: Bloomberg)

TryfactaConnex has signed an MoU with the Uttar Pradesh government to launch a large-scale India AI infrastructure platform, investing $7.7 bn to build a 1-GW hyperscale data centre campus

ai, artificial intelligence

Moderating valuations, US funding strength and lingering tax uncertainty are prompting SaaS and late-stage startups to delay plans to relocate headquarters back to India

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Valuation reset, tax uncertainty slow their homecoming to India

The summit spotlight was recent, but Sarvam AI's rise began years earlier, as two engineers built an India-first AI startup focused on sovereign models, local datasets and real-world applications

Sarvam AI at India AI Impact Summit 2026.

IIT Madras-incubated startup to use NVIDIA Omniverse and IGX platforms to build a digital twin of its e200x aircraft, accelerating simulation, autonomy testing and DGCA certification

The ePlane, ePlane logo

India's AI opportunity lies in applications solving real-world problems, not costly foundational models, says 3one4 Capital's Siddarth Pai

Siddarth Pai, founding partner at 3one4 Capital

India's rapid 5G rollout is powering early AI adoption in telecom networks, giving local operators a global edge in performance, efficiency and innovation

Erik Ekudden, Senior Vice President and Chief Technology Officer, Ericsson

Uday Shankar says India has rapidly become one of the world's most exciting media markets but must overcome capital and talent constraints, with AI offering a chance to become a global creative leader

Uday Shankar

The per-line cost of software code written by AI has also come down over the years and is now cheaper than that written by humans, Altman said

Sam Altman, CEO, OpenAI

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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