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

United Spirits will acquire a controlling stake in NAO Spirits, including popular gin brands Greater Than and Hapusa, marking a strategic expansion into Indian craft spirits

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Private equity firm TPG Asia will sell 12.5 million shares in Sai Life Sciences through a ₹102 crore block deal; IIFL Capital and Jefferies are advising the transaction

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Essel Group promoters expect to recover dues and invest Rs 2,237 crore through convertible warrants, potentially increasing stake in ZEEL to 18.39 per cent

Magicpin's logistics arm Magicfleet reaches one million monthly deliveries and sets its sights on two million monthly orders by FY26 while expanding across metro cities

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India is a focal point in Amazon's global brand protection strategy, using AI tools, stricter seller checks and law enforcement partnerships to fight counterfeits

Kebharu Smith, Director of Amazon’s Counterfeit Crimes Unit (CCU)

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Built entirely in-house, the satellite will offer 0.5m resolution and sub-3-day revisit for real-time geospatial insights across defence, disaster response and urban security

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Urban Company reports ₹1,144.5 cr revenue, aided by tax credit and operational gains; trims IPO size citing market conditions; aims to tap growing home services market

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Home services platform posts ₹240 crore profit in FY25, driven by tax credit and strong user retention

PLI should've been directed at startups - the real pushers of innovation, Tarun Mehta said

Namma Yatri recently crossed 100 million rides but the traction is largely from Bengaluru and some Southern and Eastern regions

Morgenshtern noted that India is not only the company's top market for growing it's tech workforce but also one of the only three countries where it advertises

Omri Morgenshtern, global chief executive officer at Agoda

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.

Sanjay Sethi says that bulk of the company's growth will come from its existing pipeline taking the total keys to over 5,000 on the back of the domestic hospitality boom till 2030

Sanjay Sethi

Microfinance can never be a sunshine sector because every 5-6 years it gets into some kind of challenges, says Revankar

Umesh Revankar, executive vice-chairman of Shriram Finance

We assembled 6.4 million Made-in-India devices across segments in 2023-24. We doubled it in FY25, Shailendra Katyal, Lenovo India vice-president and managing director said

Shailendra Katyal, Lenovo India vice-president and managing director

To improve the coal supply chain, the remaining 55 of 92 FMC projects will be operationalised by FY29

P M Prasad, chairman and managing director, Coal India Ltd (CIL)

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