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

Low inventories, stronger seasonal demand and firm prices could support steel makers, though raw material costs and domestic supply-demand trends remain key monitorables

Steel sector

Anant Ambani says the compressed biogas projects will create over 300,000 jobs and generate ₹600 billion in revenue for Andhra Pradesh over the next few decades

Anant Ambani

Reliance Industries plans to invest Rs 1 lakh crore in Andhra Pradesh to set up compressed biogas plants, creating more than 3 lakh jobs and generating nearly Rs 60,000 crore in revenue for the state over the coming decades, the company's executive director Anant M Ambani said on Friday.
Speaking at the foundation stone laying ceremony for the Rayalaseema Horticulture Hub and Indian School of Agriculture in Madanapalle, Ambani said the investment would support the state's transition towards cleaner energy while creating new opportunities for farmers.
"Our kisans, who ensure India's food security, will now strengthen India's energy security too - making India self-reliant in energy," he said.
"That is why Reliance Industries is grateful to the Government of Andhra Pradesh for the opportunity to invest Rs 1 lakh crore in the state to set up compressed biogas (CBG) plants."
CBG is a renewable fuel produced by processing organic waste such as agricultural residue, animal dung, food was

He also said Reliance was investing in clean-energy projects in Rayalaseema and pursuing opportunities in advanced manufacturing

The project is expected to create around 30,000 jobs, including 10,000 direct and 20,000 indirect roles

investment, fpi, assets

Reuters

Strong domestic formulations, chronic therapies, new US launches and a complex-product pipeline have supported the rally, though valuations now stand above historical averages

Zydus Lifesciences, Zydus

The Adani Group has completed or is executing projects worth Rs 2.6 lakh crore in Maharashtra out of an investment commitment exceeding Rs 6 lakh crore across sectors, including energy, aviation, urban regeneration, data centres and coal gasification, a top official of the group said.
Speaking at the launch of the state's investment promotion body "Invest Maharashtra", Pranav Adani, Director of Adani Enterprises, said the group's investment blueprint was developed through commitments made at the World Economic Forum in Davos and through partnerships with the Maharashtra government.
"At the World Economic Forum in Davos and through state partnerships, the Adani Group has committed to an investment blueprint exceeding Rs 6 lakh crore across critical and upcoming sectors like energy, aviation and aero-districts, urban regeneration, data centres and coal gasification. Projects worth Rs 2.6 lakh crore are already completed or under execution," he said.
The investments come as Maharashtra

Adani, Adani Group

The projects form part of a broader ₹6 trillion investment blueprint spanning energy, aviation, urban regeneration, data centres and coal gasification

The company's relationship with Anthropic spans compute supply, equipment leasing and financing -- giving the semiconductor company a central role in Anthropic's infrastructure buildout.

Broadcom

Adyen's APAC President Gary Yang says India remains a key priority market, with plans to deepen its payments capabilities while expanding into fraud mitigation, loyalty, and usage-based billing

Adyen's Asia-Pacific President Gary Yang

Space-tech funding has surged as policy reforms, government-backed risk capital and access to Isro infrastructure allow private companies to move from development to commercial deployment

TakeMe2Space, SpaceX Falcon 9, orbital data centre, MOI constellation, Waymaker-2, RIDE Space, Nvidia Thor GPUs, OrbitLab, satellite computing, space technology

The edtech startup, backed by Accel and Prosus Ventures, plans to enter new states and CBSE while strengthening its AI research and vernacular-language capabilities

Arivihan founders in classroom

Nearly half of high-value electronics purchases are expected to use affordability options, while biometric authentication is seeing higher payment success rates

Gaurav Arora, V-P Payments & SuperCoins, Flipkart

Amarjit Singh Batra, general manager for South Asia, Middle East & Africa and managing director of Spotify India talks about what the brand is up to

Amarjit Singh Batra, general manager for South Asia, Middle East & Africa and managing director of Spotify India

It is a myth that a firm needs a corporate office in a high-rise in a major city like Chennai or Bengaluru, Kumar says. The Milky Mist corporate office sits directly above factory in a rural setting

T Sathish Kumar, Chairman and Managing Director, Milky Mist

The incumbent Anup Bagchi has tendered resignation after HDFC Bank announced his appointment on Thursday as MD & CEO of the bank, effective from October 13, 2026

Sidharatha Mishra | Photo: LinkedIn

Bagchi will take charge on October 27, succeeding Shashidhar Jagdishan, as India's largest private sector lender navigates governance concerns and a leadership transition.

Anup Bagchi

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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