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

Tata Power is the leading private player in the power distribution segment, operating in parts of Delhi, Mumbai, and whole of Odisha as an electricity supplier

Gujarat Energy Transmission Company, Power Sector, ipo, investment, public-private partnership

The corridor is expected to begin with indigenous bullet trains

Japan bullet train E10

Calls petitions by Vi, Airtel, Tata Tele 'misconceived'

Supreme Court, SC

The Reserve Bank on Monday said it has cancelled the licence of Lucknow-based HCBL Co-operative Bank as the lender does not have adequate capital and earning prospects.
Consequently, the bank ceases to carry on banking business, with effect from the close of business on May 19, the Reserve Bank of India (RBI) said in a statement.
The Commissioner and Registrar of Cooperative, Uttar Pradesh has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank, it said.
On liquidation, every depositor would be entitled to receive a deposit insurance claim amount of his/her deposits up to Rs 5 lakh from Deposit Insurance and Credit Guarantee Corporation (DICGC).
As per the data submitted by the bank, 98.69 per cent of the depositors are entitled to receive the full amount of their deposits from DICGC, RBI said.
As of January 31, 2025, DICGC has already paid Rs 21.24 crore of the total insured deposits.
Giving details, the RBI said the cooperative ba

RBI, Reserve Bank of India

The Reserve Bank on Monday said it has cancelled the licence of Lucknow-based HCBL Co-operative Bank as the lender does not have adequate capital and earning prospects.

Hon Hai (Foxconn) is investing $1.5 billion in its India unit as Apple ramps up iPhone production outside China. The move highlights Apple's growing shift toward India amid global supply chain changes

iPhone, iPhone 16e

Lupin plans to expand complex generics in developed markets and grow its chronic drug portfolio in India, with over 200 product launches and M&A on the radar

Nilesh Gupta, Managing Director, Lupin

Jumpin was acquired from Hershey's India but its original owner was the Godrej group. According to a source, the brand was acquired for a little lower than ₹350 crore

Rasna CEO

Uber plans to expand metro ticketing to three more cities by end-2025 and launch B2B logistics on ONDC, starting with food delivery and scaling to other sectors

Uber

BYJU'S CEO Byju Raveendran apologises for past service disruptions, pledges compensation to affected students, and outlines vision for AI-powered BYJU'S 3.0

Byju Raveendran

Bookings to Turkiye, Azerbaijan, and China remain suspended amid geopolitical tensions as Ixigo projects double-digit revenue growth and stronger user spending

ixigo

With over 6,500 corporate clients and a 20 per cent YoY increase, Oyo sees strong growth in business travel, led by Mumbai and boosted by its Oravel Travel Solutions vertical

OYO, Oyo rooms, Oyo app, Oyo logo

Akshay Hiranandani talks about about Serentica's future roadmap, and the current market scenario

Akshay Hiranandani , CEO, Serentica Renewables

We have seen a great beginning in the manufacturing side, as new plants being built are pulling in an entire ecosystem to support them, said Ahuja, India MD, Cadence Design Systems

Jaswinder Ahuja

Dhanya Rajeswaran talks about the US-based company's Bengaluru location, the largest, fastest-growing hub worldwide, and the only place where it is called the Global Innovation Center

Dhanya Rajeswaran, global vice-president and managing director for India, Fluence, an offspring of Siemens and AES

TV Narendran and Koushik Chatterjee discusses a range of issues from the performance to debt reduction and capex

(From left) T V Narendran managing director and chief executive officer, and Koushik Chatterjee, executive director and chief financial officer, Tata Steel

Achieving 15 per cent year-on-year growth, with nearly four biosimilars with $200 million in revenue, is a big feat, says Tambe

Shreehas P Tambe, Managing Director and Chief Executive Officer, Biocon Biologics (BBL)

Our focus is on families in the lower segment, or those families which have a family income in the ₹5-₹15 lakh range only. This segment needs life insurance the most, said  Shriram Life MD, CEO

Casparus JH Kromhout, MD & CEO, Shriram Life Insurance

With ₹3,000 crore under management, Fireside Ventures sees emerging consumer cohorts and tech-driven wellness as key to India's evolving consumer brand landscape

Vinay Singh, Fireside Ventures

We are working with fleet operators and charging networks to make sure both of them work in tandem, says Sanka

Aravind Sanka, Co-founder, Rapido

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