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

Analysts said the decline in private banks' share was largely driven by contraction among small and mid-sized lenders, while leading private banks broadly maintained their positions

SBI Card

Jindal Steel doubles Angul complex capacity to 12 MTPA, strengthening domestic production and reducing import dependence amid global supply disruptions

Jindal Steel's Angul Integrated Steel Complex in Odisha

Aditya Birla Fashion and Retail Ltd on Tuesday announced its top leadership succession plan for the Pantaloons brand, with the appointment of Suraj Bahirwani as CEO Designate.
Bahirwani will succeed incumbent Sangeeta Tanwani from October 1, 2026, Aditya Birla Fashion and Retail Ltd (ABFRL) said in a regulatory filing.
The company's board at its meeting held on March 24, 2026, has appointed Suraj Bahirwani as CEO (Designate) - Pantaloons and senior managerial personnel (SMP) of the company with effect from April 1, 2026, and as CEO - Pantaloons and SMP with effect from October 1, 2026, it added.
Sangeeta Tanwani, CEO - Pantaloons and whole-time director (WTD) and key managerial personnel (KMP) of the company, will oversee a planned and phased leadership transition of her role as CEO-Pantaloons and will continue to be CEO-Pantaloons till September 30, 2026, the filing added.
The company further said that from October 1, 2026 till her retirement on January 31, 2027, she will support 

Aditya Birla Fashion to set up subsidiary for entry into D2C space

Aditya Birla Fashion and Retail, ABFRL

Bahirwani will succeed incumbent Sangeeta Tanwani from October 1, 2026, Aditya Birla Fashion and Retail Ltd (ABFRL) said in a regulatory filing

Imaging product maker Nikon India has set up its Experience Centre in the city, aimed at strengthening its engagement with photographers, filmmakers and digital creators.
The Experience Zone underscores the focus of Nikon India on going beyond traditional retail to create 'creator-first spaces' that enable hands-on engagement, learning and community building.
The Experience Zone at Kanchan Films in the city offers access to Nikon's latest imaging portfolio, including mirrorless
Z-series cameras, DSLR cameras, COOLPIX range and accessories.
Nikon India Pvt Ltd Managing Director Sajjan Kumar in a statement on Tuesday, said, "Chennai represents a dynamic and culturally rich market with a growing base of photographers, film makers and content creators."
"With the launch of our new store in Chennai, we aim to deliver a premium, hands-on retail experience that empowers users to explore, engage and create with confidence. This expansion reflects our continued focus on strengthening our .

Nikon

The Experience Zone at Kanchan Films in the city offers access to Nikon's latest imaging portfolio, including mirrorless Z-series cameras, DSLR cameras, COOLPIX range and accessories

Coal India plans two washeries and a coal gasification-based ammonium nitrate plant in Odisha to boost value addition and reduce raw coal transport

coal india, CIL, Coal Bhawan, coal India office

Jindal Stainless has commissioned a 1.2 MTPA melt shop in Indonesia and plans Rs 900 crore investment to expand downstream cold rolling capacities

Jindal Stainless commissions Indonesia melt shop, plans ₹900 cr capex

Hindustan Power has secured an LoI for a platinum group elements block in Madhya Pradesh, marking its entry into critical minerals exploration and diversification

| Image Credit: Reuters

Euler Motors has raised Rs 437.5 crore in a Series E round led by Lightrock, along with Rs 250 crore in debt, to expand capacity and scale operations

Saurav Kumar, Founder & CEO, Euler Motors

Simplilearn has appointed three senior leaders to strengthen marketing, business and finance functions as it accelerates global expansion and AI-led learning initiatives

Kashyap Dalal, co-founder and chief operating officer, Simplilearn

Bengaluru-based Pranos Fusion raises $6.8 million to develop compact fusion energy technology, aiming to build scalable, clean power infrastructure from India

The latest funding is the company’s second raise, as it previously raised ₹3.5 crore in its first round, where it was backed by Industrial47

The latest funding is the company's second raise, as it previously raised ₹3.5 crore in its first round, where it was backed by Industrial47

Founder Aravind Prasad says startup aims to complete tape-out within 10 months as it builds use cases and engages investors for AI-powered ADAS chip solutions

Aravind Prasad Govardhan, Founder and CEO of Deepgrid Semi Private Limited

Founder Aravind Prasad says company aims to complete tapeout within next 10 months

TVS Supply Chain Solutions sees limited direct impact from the West Asia crisis, with stable volumes and a strong growth outlook ahead.

Ravi Viswanathan, Managing Director, TVS Supply Chain Solutions

The first product to come to India will be the Yamaha EC-06, which we are going to sell in limited cities and dealerships initially

Hajime Aota, new Chairman of Yamaha Motor India Group

HDFC Bank CEO Sashidhar Jagdishan says Chakraborty's exit and UAE onboarding gaps are unrelated, stresses strong governance, compliance fixes, and growth-focused strategy ahead

Sashidhar Jagdishan, managing director (MD) and chief executive officer (CEO), HDFC Bank

South Indian Bank appoints former RBI Executive Director Jose Kattoor as non-executive part-time chairman, alongside senior management elevations effective April 2026

Jose Joseph Kattoor

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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