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

Honasa said last year that Mamaearth's growth had lagged its own expectations for the last few quarters due to shifting consumer preferences, with company noting that it needed to refresh production

Honasa Consumer targets double-digit revenue growth, eyes Mamaearth revival

Reliance Consumer targets India's 600 million value-focused buyers with affordable products and deeper ties with kirana stores, aiming national scale by 2027

Reliance

Foxconn to invest $1.5 bn in India for iPhone parts despite Trump's pressure to shift production to the US. New Chennai plant to create 14,000 jobs and boost India's electronics sector

Despite pushback from US President Donald Trump, Apple supplier Foxconn is moving forward with investment in Indian iPhone manufacturing facility

iPhone, apple Iphones

Danish toy giant Lego launches its first store in Gurugram, aiming to expand offline footprint in India with new outlets, tier II city reach, and accessible price points

Bhavana Mandon, country manager, Lego India

Tata Steel on Thursday announced the completion of the phase II expansion project at Kalinganagar in Odisha, taking its overall capacity to 26.1 million tonnes (MT) in the country.
With the completion of the 5 million tonne expansion project undertaken at an investment of Rs 27,000 crore, the capacity of Kalinganagar plant stands at 8 MT from 3 MT earlier, the steelmaker said in a statement.
Odisha CM Mohan Charan Majhi inaugurated the expanded Tata Steel Kalinganagar (TSK) plant on Thursday.
T. V. Narendran, CEO and Managing Director, Tata Steel, said: "This expansion reflects our deep belief in Odisha's potential and our long-term commitment to this State. Kalinganagar is more than a manufacturing site for us. It symbolises what is possible when communities, government, and industry work together."
Tata Steel aims to target supply advanced high-strength steels for sectors like automotive, infrastructure, power, shipbuilding, and defence with the expansion.
Odisha has emerged as

Tata Steel, Tata

Tata Steel aims to target supply advanced high-strength steels for sectors like automotive, infrastructure, power, shipbuilding, and defence with the expansion

Biocon Biologics to continue insulin supply in Malaysia through October 2025 as MoH extends existing contract under partnership with Duopharma and Biocon Sdn. Bhd.

Biocon Biologics, Biocon logo

The expansion includes exclusive brand outlets, multi-brand stores and premium centres, with brands like Wrogn, Bewakoof and Nobero entering offline retail presence

With high-frequency sectors like food delivery and fintech at the core, Prosus plans new investments, acquisitions and AI integration to scale its India operations

Fabricio Bloisi, Group CEO of global tech investor Prosus

"My intention is to invest a few billion dollars more in India," Bloisi told Business Standard during a media roundtable

Chris Wright compares AI trajectory to early days of cloud tech; Red Hat to focus on enabling flexible infrastructure for AI workloads across platforms

Red Hat CTO Chris Wright

Flipkart's ethnic wear and Amazon's Serve store are driving fashion growth in Tier 2 and 3 cities with rising Gen Z demand and expanding customer bases

online shopping

Backed by Sustainable Ocean Alliance and CE-Ventures, PierSight aims to scale its SAR satellite constellation, boost ocean intelligence, and grow its engineering team

PierSight

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

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

Akshay Hiranandani , CEO, Serentica Renewables

This is one of the soft brands we have launched. In India, we have 158 open hotels and another 112 are under construction. These are spread across 42 cities and they represent 17 brands, Menon said

Rajeev Menon, President, Asia Pacific excluding China, Marriott International

What we see at the moment is that as Indian consumers become more independent, have more freedom, they're choosing to buy diamond jewellery as symbol of that independence and symbol of their success

Al Cook, CEO, De Beers Group

Hindalco MD Satish Pai discusses India and global capex, demand drivers, US tariffs and the Novelis IPO following strong Q4FY25 results and rising market demand

Hindalco MD Satish Pai

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)

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