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

Care Ratings upgraded Shriram Finance's NCD and subordinated debt ratings to AAA and reaffirmed its commercial paper rating at Care A1+, citing FY25 and H1FY26 performance

Shriram Finance

Lupin has signed an exclusive licensing, supply and distribution deal with China's Gan & Lee for Bofanglutide, a fortnightly GLP-1 injectable for diabetes and weight management in India

Lupin

Delhi NCR-based Gaurs Group raised Rs 440 crore via NCDs subscribed by three mutual funds to fund land acquisition, project execution and refinancing, with debentures to list on NSE

real estate, realty sector

Vipin Kapooria has resigned as chief financial officer of Blinkit, a little over a year after joining the quick commerce platform, as competition in the segment intensifies

Blinkit

Ducati India says the 40 per cent GST on large-capacity bikes has added pressure on demand and is counting on the proposed India-EU FTA to ease import costs from 2026

Ducati

Ceigall India on Monday said it has secured an infrastructure order worth over Rs 1,000 crore in Madhya Pradesh.
Its arm Ceigall Infra Projects Private Ltd has received a Letter of Award (LoA) from Madhya Pradesh Road Development Corporation Ltd (MPRDC) for the construction of the IndoreUjjain Greenfield (Access Control) four-lane highway, the company said in a statement.
The project will be executed under the Hybrid Annuity Model (HAM) over a period of 24 months.
Ramneek Sehgal, Chairman and Managing Director, Ceigall India, said, "The IndoreUjjain Greenfield Highway is a strategically important infrastructure project for Madhya Pradesh. We look forward to delivering this project with a focus on safety, durability and timely execution."
The project will play a critical role in improving regional connectivity between Indore and Ujjain, and enhance access to key economic and religious hubs in Madhya Pradesh.
Ceigall India is an infrastructure engineering, procurement, and construct

Ceigall India

The project will play a critical role in improving regional connectivity between Indore and Ujjain, and enhance access to key economic and religious hubs in Madhya Pradesh

Arvind Fashions Ltd on Monday said it will acquire Flipkart group's 31.25 per cent stake in Arvind Youth Brands Pvt Ltd for Rs 135 crore.
Arvind Youth Brands Pvt Ltd (AYBPL) is currently engaged in the business of wholesale and retail of apparel and accessories under the brand name 'Flying Machine'. It had a turnover of Rs 432.16 crore in the financial year ended March 31, 2025, the company said in a regulatory filing.
Over the last five years Flying machine has re-established as a well-accepted brand on digital channels. The partnership with the Flipkart group helped Flying Machine become one of the top casual wear brands on digital platforms, catering to the fashion-conscious youth of India, it said in a separate filing.
"Our relationship with the Flipkart group will continue ensuring consumers can still shop Flying Machine on its platforms. The brand will also be available to consumers on other digital channels and portals," Arvind Fashions Ltd (AFL) Managing Director & CEO ...

Flipkart

Arvind Youth Brands Pvt Ltd (AYBPL) is currently engaged in the business of wholesale and retail of apparel and accessories under the brand name 'Flying Machine'

Milk topped orders across cities in 2025, as Zepto data shows Indians increasingly turning to quick commerce for daily staples, snacks and beverages

Zepto

Shailesh Haribhakti, a management expert, said that many startups that were founded during the pandemic boom were built on rapid scaling and the assumption of endless capital

startup funding, startups

Quick commerce unicorn Zepto plans to file draft IPO papers via the confidential route, aiming to become India's first pure-play qcom platform to list on the bourses

Indian robotics startups are developing humanoid and quadruped robots using locally built software while relying on global supply chains for critical hardware, as deployments steadily rise

Robots, Humanoid, Dog

Two-wheelers emerge as the fastest-growing category as ride-hailing giant deepens push beyond metros in one of its most consequential global markets, says Prabhjeet Singh

Prabhjeet Singh, President of Uber India and South Asia

Guntupalli tells how a no-frills strategy, zero-commission model, and intimate knowledge of India's diversity have enabled Rapido to become one of the country's biggest ride-hailing companies

Guntupalli

India's non-life insurance sector is set for faster growth as the Insurance Amendment Bill allows 100% FDI, boosts investor confidence and strengthens regulation, says Mathur, Universal Sompo CEO

Sharad Mathur, Universal Sompo General Insurance

Vikram Solar Chairman Gyanesh Chaudhary says consolidation is under way in renewables, with capacity expansion, upstream investments and plans to explore the us market despite sector headwinds

Gyanesh Chaudhary, Vikram Solar

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

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

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

Pham Sanh Chau

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

Yogesh Mathur, Director-Sales & Marketing, HMSI

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

JSW joint managing director and chief executive officer Jayant Acharya

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