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

The firm will assess the correctness and impact of accounting treatment of derivative contracts in accordance with prevailing accounting standards, identify any lapses, and establish accountability

Indusind Bank

Both automakers also face geopolitical tensions heightened by tariffs being levied or threatened by US President Donald Trump, which could curtail their ability to use imported components

Hyundai

The independent firm, which the bank did not name, will identify the root cause of the discrepancies, assess the correctness of the accounting treatment of the derivative contracts

Saha joined Bajaj Finance in 2017. He has served 25 years in the financial services industry, of which 14 years were with ICICI Bank and 11 years with non-bank entities

Bajaj Finance

JSW Energy on Thursday said its board has approved the allotment of 80,000 non-convertible debentures aggregating to Rs 800 crore on a private placement basis in two tranches.
Earlier in January, the board had approved a proposal to raise up to Rs 3,000 crore through the issuance of rated and listed non-convertible debentures (NCDs) on a private placement basis.
According to the filing the Finance Committee, at its meeting held on March 20, 2025, has approved the allotment of 80,000 unsecured, rated, listed, taxable, redeemable NCDs bearing a face value of Rs 1,00,000 each, aggregating to Rs 800 crore in two tranches.
The two tranches will be of Rs 400 crore but the first tranche will have a green shoe option of Rs 100 crore.
The maturity period for Tranche 1 will be 3 years, while it will be five years for  Tranche 2.

JSW energy

Earlier in January, the board had approved a proposal to raise up to Rs 3,000 crore through the issuance of rated and listed non-convertible debentures (NCDs) on a private placement basis

During their discussion, Jane Fraser highlighted Citi's expansion in India and expressed interest in strengthening the company's presence in the country

Nirmala Sitharaman Jane Fraser

Current managing director, Rajeev Jain, will become vice-chairman in the capacity of an executive director for a period of three years with effect from April 1, 2025

According to a consultation paper released on Thursday, Sebi may allow founders to hold or exercise Esop benefits granted one year before the company's initial public offering (IPO) plan

ipo market listing share market

The funding aims to power Asper's next phase of growth, focusing on scaling its product development and expanding its enterprise customer base across the globe

artificial intelligence, AI, GenAI

"There was a settlement (with BCCI), that settlement was before the Committee of Creditors (CoC) was being constituted," said Arun Kathpalia, the senior advocate appearing for Raveendran

Byjus, Byju

This is the largest healthcare seed round in the last 24 months

startup funding investment

Our mission is to apply AI in practical, real-world scenarios and integrate it into existing systems, says Sivasubramaniam

SHEKAR SIVASUBRAMANIAM, CEO, Wadhwani AI

In the past, we have launched many products in the market, from generation 4 to generation 5, to Apex, Rizta, and Halo, said Ather Energy CTO

Swapnil Jain, co-founder and chief technology officer of Ather Energy

Gupta spoke about the company's growth roadmap, export plans, and upcoming launches

Jalaj Gupta, Managing Director, TI Clean Mobility, Murugappa Group

I'm not overly concerned about daily stock price fluctuations - we are in this for the long term, said Hexaware CEO

R. Srikrishna, CEO of Hexaware

Our portfolio is strategically diversified across three key verticals: residential, commercial real estate, and infrastructure,  said TRIL MD and CEO

Sanjay Dutt, TRIL MD and CEO

Dubey talks about the impact of the recent merger, the Indian market, and artificial intelligence (AI)-powered data centres

Abhijit Dubey, chief executive officer of NTT Data

Kaplan talks about free flow of data to age-appropriate content and more

Joel Kaplan, chief global affairs officer at Meta

India is one of the most dynamic businesses we have. It has had constant growth-- except for the COVID year. Overall, it has been a growth story, says Andreas Sennheiser

ANDREAS SENNHEISER, Co-CEO, Sennheiser

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