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

Jio-BP, the fuel joint venture of Reliance Industries Ltd and BP Plc, does not plan to raise fuel prices immediately despite a spike in international oil prices, its chief executive Akshay Wadhwa said on Friday.
The country's second-largest private fuel retailer has kept retail petrol and diesel rates steady, just like public sector firms, which have not passed on the surge in raw material (crude oil) cost to consumers for fear of spiking inflation.
"We are in this with the country," Wadhwa said on the sidelines of an industry event here.
The war in West Asia has driven international oil prices above USD 100 per barrel, but domestic consumers have been insulated by the oil companies and the government, which cut excise duty on petrol and diesel to obviate the need for raising prices to some extent.
Nayara Energy, in which Russian oil giant Rosneft hold the largest shareholding, has increased petrol price by Rs 5 a litre and diesel by Rs 3. Nayara is the country's largest private fu

British brands,NIFTY 50,Reliance Industries,BP,Jio-bp,JIO,Oil & Gas Refining and Marketing (NEC),Wireless Telecommunications Services (NEC),Integrated Oil & Gas,private fuel retailer,retail sale,shell india,Jio,Reliance Industries Ltd,oil giant,Nayar

Nayara Energy, in which Russian oil giant Rosneft hold the largest shareholding, has increased petrol price by Rs 5 a litre and diesel by Rs 3

Integrated stainless-steel manufacturer Mangalam Worldwide on Friday said global and domestic entities like QatarEnergy, BHEL, EIL and Gujarat State Fertilizers & Chemicals have empanelled it as approved vendor.
These approvals, besides opening new revenue streams through diversification, strengthen the company's positioning across international energy, refinery, infrastructure, power and industrial sectors, paving the way for it to participate in high-specification projects and expanding its presence across global markets.
"Our empanelment with globally recognised institutions is a strong validation of our product quality, manufacturing capabilities and operational reliability. As we expand our footprint across domestic and international markets, we remain focused on enabling such institutions with predictable delivery and timelines," said Chandragupt Prakash Mangal, Managing Director at Mangalam Worldwide Limited.
The company's integrated model, he said, supports consistent ...

Mangalam Worldwide

The company's integrated model, he said, supports consistent quality and execution, while strengthening our participation across global and domestic energy and EPC-led ecosystems

Orbicular Pharma and Apotex secure tentative US FDA approval for generic Ozempic, marking entry into fast-growing semaglutide market pending patent clearance

Orbicular Pharma gets US FDA nod for generic Ozempic with Apotex

CIL said that any pass-through of these rising input costs could have a cascading effect on the economy, particularly on power and industrial users dependent on coal

Coal, Coal sector

Shares of New India Assurance surged nearly 20% after strong FY26 premium growth and improved market share, supported by favourable valuations and investor sentiment

stock markets, trading

BonV Technology plans ₹300 crore drone park in Odisha to boost UAV manufacturing, skilling and defence ecosystem with advanced assembly, testing and training facilities

BonV founders and officials with a high-altitude drone

French watchmaker Pierre Lannier eyes Rs 10 crore India revenue in first year, betting on retail-led expansion and rising demand for premium affordable watches

Pierre Burgun, founder and chief executive officer, Pierre Lannier

MU Ventures to invest up to Rs 50 lakh per founder across four tracks, targeting young entrepreneurs and early-stage startups with faster funding decisions

investment, funds, funding

After the fresh funding round, the founder will hold an 86 per cent stake in the company

TrEV Mobility

In addition, more than half expect to double their spend, reflecting a strong and growing conviction in AI's role in driving future growth

tech startups

Aman Gupta's new venture OFF/BEAT secures Rs 100 crore in seed funding led by Bessemer, aiming to build a tech- and AI-led consumer platform for evolving Indian aspirations

boAt's co-founder Aman Gupta

Swiggy sees leadership changes as co-founder Nandan Reddy exits board, new directors join and company amends nomination rights of key investors

Swiggy co-founder Nandan Reddy steps down as board sees key changes

Khanna, currently director (refineries), brings over three decades of experience in refinery operations and technical services to lead BPCL till 2029

BPCL, Bharat petroleum

Campbell Wilson to stay on until successor is named as Air India navigates losses, fleet expansion, and restructuring amid heightened scrutiny following last year's crash

Campbell Wilson, Campbell, Wilson, Air India CEO

IHH Healthcare eyes aggressive India expansion via Fortis, focusing on bed capacity, clusters, and ambulatory care amid strong healthcare demand

(L-R) Dr Prem Kumar Nair, Group Chief Executive Officer, IHH Healthcare; and Ashok Pandit: Group Chief Operating Officer, IHH Healthcare

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