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

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

SG Mart diversifies into renewables with its new brand APL Apollo SunSteel, securing ₹266 crore in orders for solar module mounting structures from leading IPPs

Renewable energy projects of 40 GW fail to find buyers for green power

solar panel

Bharat Biotech on Thursday said it has partnered with GSK plc for the development of a vaccine for Shigellosis, a severe form of bacterial diarrhoea.
The altSonflex1-2-3 vaccine candidate, developed by GSK and now advancing through a strategic collaboration with Bharat Biotech, represents one of the most advanced Shigella vaccine candidates globally, the company said in a statement.
With no licensed Shigella vaccine currently available and rising antimicrobial resistance, this candidate stands out for its broad serotype coverage, innovative Generalized Modules for Membrane Antigens (GMMA)-based platform, and robust early clinical results, it added.
"With no approved vaccine currently available and antimicrobial resistance on the rise, there is an urgent need for scalable, science-backed solutions focused on low and middle-income countries," Bharat Biotech Executive Chairman Krishna Ella said.
As part of this agreement, Bharat Biotech will lead the further development of ...

Bharat Biotech’s iNCOVACC, Bharat Bio’s nasal Covid vaccine, nasal Covid vaccine, Covid vaccine

Bharat Biotech's iNCOVACC, Bharat Bio's nasal Covid vaccine, nasal Covid vaccine, Covid vaccine

As part of this agreement, Bharat Biotech will lead the further development of altSonflex1-2-3, including Phase 3 clinical trials, regulatory advancement, and large-scale manufacturing

Volvo Cars expands its partnership with HCLTech to scale engineering services, supporting future mobility goals through global delivery centres and a dedicated automotive hub in Gothenburg

HCLTech

Amber Enterprises has planned an investment of Rs 6,000 crore to set up a large-scale electronics manufacturing facility near the upcoming Noida International Airport in Jewar, according to a state minister.
Uttar Pradesh's Industrial Development Minister Nand Gopal Gupta on Thursday said he held a meeting with Amber Enterprises promoter Jasbir Singh in Lucknow a day ago.
The company plans to establish units for PCB assembly, home appliances, and consumer electronics production as part of this investment, an official statement quoted the minister as saying.
"This Rs 6,000 crore investment will open new avenues of growth and prosperity in the state," Gupta said, terming it a significant milestone in Uttar Pradesh's industrial transformation.
The Yamuna Expressway Industrial Development Authority (YEIDA) has already issued a Letter of Intent (LoI) for 100 acres of land in Sector 8, Noida for the proposed facility. This land is close to the upcoming airport in Jewar, along the ...

electronics manufacturing India, Union Cabinet approval, Rs 22,919 crore PLI scheme, domestic electronics production, semiconductor industry India, lithium-ion cell manufacturing, printed circuit boards India, display module manufacturing, camera mod

Amber Enterprises plans to establish manufacturing units for PCB assembly, consumer electronics and home appliances as part of this major project near Noida International Airport

Boeing says it is gathering details after an Air India Dreamliner carrying 242 people crashed near Ahmedabad shortly after take-off en route to London Gatwick

Ahmedabad Plane Crash, Plane Crash

Global drugmakers, including generic drug manufacturers in India, are racing to develop their versions of blockbuster injectable obesity drugs from Denmark's Novo Nordisk and U.S.-based Eli Lilly

US healthcare

Following the transaction, RIL now holds 87 lakh equity shares in Asian Paints, the company said in an exchange filing

RIL, Reliance, Reliance Industries

Gen Z job seekers and metro city users are driving the rapid adoption of Apna's AI Job Prep tool, which simulates interviews and offers real-time feedback

artificial intelligence, software engineer, Technology, GPT

Rapido's entry into food delivery comes with low take rates and scale ambitions, but Bernstein sees limited disruption to Zomato and Swiggy's duopoly in the near term

Rapido News

Flipkart expands its Minutes unit with a fresh produce strategy, dark store rollout and tier-2, tier-3 penetration to compete with Blinkit, Zepto, and Swiggy Instamart

Flipkart Group CEO Kalyan Krishnamurthy turns into Flipkart Minutes Wishmaster for a day and delivers farm-fresh vegetables to Flipkart Minutes customers in Bengaluru

Recur Club plans to invest Rs 2 crore on average in early and mid-stage startups, aiming to fund 1,000 firms in FY26 through its debt marketplace platform and network of 50+ lenders

Eklavya Gupta, CEO and Co-founder, Recur Club.

Eklavya Gupta CEO and CO Founder Recur Club

In Q4 FY25, we recovered around Rs 1,666 crore, taking the total recovery for the full year to Rs 4,400 crore, Ashwani Kumar said

Ashwani Kumar, MD & CEO, Uco Bank

Boman Irani said that the company will launch a senior living project, get into data centers and will divest 3.35 per cent to meet Sebi norms to partially fund capex

Boman Irani, Chairman and Managing Director, Rustomjee Group

Airbus aims to boost A320 family aircraft production rate to 75 per month by 2027 as supply chain stabilises, says Chief Commercial Officer Benoît de Saint-Exupery

Image

Sudipta Roy said that the transfer of the gold business of Paul Merchants Finance will be completed by June 15

Sudipta Roy, MD & CEO, L&T Finance

Jana Small Finance Bank's Managing Director and Chief Executive Officer discusses the bank's future plans and growth strategy

Ajay Kanwal, MD& CEO, Jana SFB, at the Business Standard BFS! Insight Summit 2024 in Mumbai.

We're currently in over 35 cities with taxis and aim to be present in every district headquarters, says Rapido

Rapido cofounders Pavan Guntupalli (right) and Aravind Sanka

Human memory is very short. The demand for health insurance is still fine, we still have a double digit growth, Tapan Singhel said

Tapan Singhel, managing director (MD) and chief executive officer (CEO), Bajaj Allianz General Insurance

Acquisitions are a high risk strategy; there are advantages in utilizing one's own strengths

Abhijit Roy, MD & CEO, Berger Paints

Companies News: Get latest company news, company results, company interviews, company financials, company analysis, company disclosure, corporate news, company announcements at Business Standard.

Company News: Company Business News, Indian Companies News, Company Analysis, Corporate Industry News

Get latest company news, company results, company interviews, company financials, company analysis, company disclosure, corporate news, company announcements at Business Standard.

Companies

Start Ups

People

Results Corner

Result Calendar

Brokerage Reports

Result News

Interview