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

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Business Standard

The two-year partnership will support grassroots entrepreneurs through structured training, mentorship, incubation, investor access and seed funding, with a focus on smaller cities and rural areas

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The proposed shipyard, backed by a nearly $4 billion investment from South Korea's HD Hyundai, is expected to become India's largest commercial shipyard once operational

Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal  said the government’s interventions are aimed at increasing Indian tonnage

Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal  said the government's interventions are aimed at increasing Indian tonnage

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Sarvam accounted for $346 million of the $399 million raised by Indic AI startups in 2026, as investors concentrated funding on a few firms amid growing concerns over AI sovereignty

Sarvam AI

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PhonePe

Hitesh Oberoi will step down as Info Edge's MD and CEO on December 2 after nearly 27 years with the company, while founder Sanjeev Bikhchandani will take charge from December 3

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Accel partner Prayank Swaroop says Indian startups are listing publicly faster as the venture capital ecosystem matures, but AI firms will need to prove they can sustain growth and profitability

Prayank Swaroop, Partner, Accel

Caltech professor and Accelerated Understanding co-founder Anima Anandkumar is developing AI models that simulate physical processes, helping researchers speed up scientific processes

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Led by Dallas Venture Capital, the Series B round will help Simplismart expand its AI inference platform, strengthen cloud partnerships and grow across North America and global markets

Venture capital funding for Indian startups remained largely flat for the third consecutive year, reaching $10.9 billion between January and October 2026, even as investors concentrated larger investments in fewer startups.

Blume Ventures and South Park Commons led the funding round as Cent plans to expand its AI-powered medical imaging, diagnostics and preventive healthcare services in India

Anshul, Shashank and Arpit

Qualcomm sees growth opportunities in smart glasses, AI inference, edge data centres and satellite connectivity, with India emerging as a key market for affordable next-generation technology

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CEO Jayant Acharya said the company remains on track to spend ₹22,000-24,000 crore in FY27 as it targets nearly 80 million tonnes of capacity

Jayant Acharya, Joint MD & CEO, JSW STEEL

Shriram Finance aims to double gold loans' share of its AUM to 5 per cent in two years, while expanding EV financing and exploring partnerships with Japanese automakers.

Umesh Revankar, executive vice-chairman of Shriram Finance

Strong room rates and occupancy lifted Q2FY27 performance, prompting an upgrade in FY27 revenue growth guidance; brokerages remain positive on the stock's prospects

IHCL Q1 results 2025, Indian Hotels Company performance, hotel stock India, Taj hotels revenue growth, hospitality sector India, MICE demand India, hotel room rates FY26, IHCL expansion plans, tourism sector trends, IHCL stock valuation

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

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