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

Press Trust of India

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

Business Standard

The lender hired more than 31,000 employees during FY26 and expanded its branch network, while reducing attrition and stepping up investments in AI and workforce productivity

Axis Bank

Yes Bank said the fundraising would not result in more than 10% dilution of existing shareholders' stake

YES BANK

Dutch technology investor reports $781 million India revenue in FY26 as PayU posts positive adjusted Ebitda for the first time, while Swiggy's quick-commerce investments weigh on profits

Prosus

In a regulatory filing, the lender said Mantri submitted his resignation in a letter dated June 29, 2026, to pursue another opportunity for career growth

Bandhan Bank CFO Rajeev Mantri

The country's largest lender becomes the latest Indian issuer to tap overseas debt markets under the RBI's concessional swap window with a $300 million bond issue

Stock declines over 3% after Ashok Vaswani says he will step down in December, with brokerages warning leadership succession uncertainty could weigh on sentiment

Kotak Mahindra Bank

In a regulatory filing, the private sector lender said Sharma submitted his resignation on June 28 to pursue the next phase of his professional career

Axis Bank CFO Puneet Sharma

The ed-tech startup will use the fresh capital to strengthen its AI capabilities, expand its NEET-focused platform and build personalised AI mentors for students

Ed-tech, startup, Lytmus AI

Stepping down as CEO, Hari Menon says BigBasket initially underestimated quick commerce and now expects the Tata-owned firm to prioritise profitability over market share

Hari Menon, co-founder of BigBasket

Health-tech start-up SuperLiving has raised $7 million in a Series A round led by Lightspeed to expand its AI-driven wellness and preventive healthcare platform

(L-R) Manavdeep Singh Grover, Founder & CEO, SuperLiving and Gurjot Kaur, Co-Founder, SuperLiving

Airbound will work with Andhra Pradesh Drone Corporation to develop a scalable drone delivery network across the Amaravati Capital Region, targeting 10,000 daily flights

Drone startup Airbound raises $1.7 million funding, to focus on deliveries

The former AZEK chief executive will lead Fortune Brands Innovations as the company faces pressure from activist investor Ed Garden over leadership and governance

Fortune Brands Innovations

Reuters

Sharma said he had largely achieved the objectives he set as CFO, including strengthening financial controls, building a resilient balance sheet and improving shareholder trust

Hinduja Renewables plans to scale capacity to 10 GW by 2030, betting on solar, wind, hybrids and pumped storage to drive its next phase of growth

Deepak Thakur, HInduja

Standard Chartered expects strong FCNR(B) inflows from key overseas centres as RBI's latest measures boost foreign currency deposits and cross-border banking

PD Singh, CEO India & South Asia, Standard Chartered Bank

Ashwani Kumar, Managing Director and Chief Executive Officer (MD&CEO), UCO Bank

We are conducting a saturation drive for inoperative PMJDY accounts, meeting customers one-on-one to encourage them to operate their accounts, says Ashwani Kumar

Pham Sanh Chau

VinFast is committed to making EVs more accessible while contributing to economic growth through investment and local job creation.

Yogesh Mathur, Director-Sales & Marketing, HMSI

Two-wheeler demand likely to remain tepid until festival season, says HMSI

JSW joint managing director and chief executive officer Jayant Acharya

Q1 was disrupted by plant maintenance shutdowns at Dolvi and Bhushan Power and Steel (BPSL), which had an impact on our costs both for capex and operations

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