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

Company expects wagon order growth to moderate in near term

Indrajit Mookerjee, Executive Director & Vice-Chairman, Texmaco

Authorities alleged Volkswagen India imported almost entire cars in an unassembled condition - which attracts a 30-35% tax - but evaded levies by mis-classifying them as "individual parts"

Volkswagen

Both secured and unsecured lenders will discuss the much-awaited overhaul plan on Feb 18 and vote on it, according to a statement from the company

Vedanta

The delays have cast doubt on Airbus' ability to increase production above current rates of around six jets a month for at least the rest of this year

Airbus

The transaction is subject to regulatory approvals

Bharti AXA

Crucial negotiations tomorrow; workers threaten to lock factory gates

Workers and their families protest against Samsung India’s management in Sunguvarchatram, two kilometres away from the company’s Sriperumbudur unit	 | photo: shine jacob

Workers and their families protest against Samsung India's management in Sunguvarchatram, two kilometres away from the company's Sriperumbudur unit	 | photo: shine jacob

The 21,700 km SEA-ME-WE-6 cable brings 220 TBPs of data, to help hyperscalers

Airtel

Udaan co-founder and chief executive officer Vaibhav Gupta said that the company was in advanced talks to close an additional equity round of $25 million from potential investors in the coming quarter

Udaan

This is a first among companies that have decided to offer direct solutions to customers without requiring a merchant's reliance on third-party payment orchestration platforms

PhonePe

At the top of non-IIT/management institutes is Birla Institute of Technology & Science (BITS), which has produced 10 startup unicorn founders in the US

unicorn startup

In a video interview with Peerzada Abrar, Lakhamraju highlighted the high costs of top-tier education, where the best teachers are typically found at prestigious universities

Mohan Lakhamraju, Great Learning

"We have started the process and will follow the letter of the law in terms of the time that it would take. But we are not in a tearing hurry to do the IPO"

CHAITANYA KALIPATNAPU

For the last few years, the government has given a lot of emphasis to hydropower projects and pumped storage solutions through policy push and incentives, said NHPC Chairman & MD

R K Chaudhary, NHPC

US LNG is usually sold with a Henry Hub plus formulae, which has been used since Cheniere started exporting in 2016

ANNE-SOPHIE CORBEAU

He talks of India's edtech sector and the impact of artificial intelligence

Michael Moe, founding partner and chief executive officer, GSV Ventures

The adjustments in the US economy suggest we may see stability over time, says Rishi Anand

Rishi Anand, MD & CEO, Aadhar Housing Finance

In food delivery, particularly in Delhi and Bengaluru, Magicpin holds a 10 per cent market share, said Magicpin CEO

Anshoo Sharma, Magicpin co-founder and CEO

Chinese aluminium imports no longer cheaper and country can't afford to dump metal in India, says company's MD

Hindalco MD Satish Pai

Thiagarajan talks about the Indian market, Cloud adoption, generative AI (GenAI), and the importance of India

Mahesh Thiagarajan, executive vice president of Software Development at Oracle Cloud Infrastructure (OCI)

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