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

LG Electronics India already exports Made-in-India products to over 50 countries and has invested Rs 5,000 crore in its Sri City factory, which will also serve as an export hub

LG Electronics

Sri Lankan tea company plans Urban Estate lounges in India and revival of its Coimbatore plant as it targets rising demand for non-alcoholic beverages among Gen Z

Dilmah Ceylon Tea Company chairman and chief executive officer Dilhan Fernando

The acquisition at Kharadi Knowledge Park includes leasehold rights to an 8,581-square-metre land parcel, ownership of a 15-storey building and 200 parking spaces

Challa Sreenivasulu Setty, Chairman, SBI at the Q1 FY27 Results Press Conference in Mumbai on Friday, 07th August, 2026 – KAMLESH PEDNEKAR.

Senior executives across Flipkart group are exiting or exploring opportunities elsewhere as uncertainty over the timing of its public listing weighs on employees

Flipkart

A long-delayed sale of a majority stake in IDBI Bank, held by the federal government and ‌state insurer Life Insurance Corp of India, is in its final stages

IDBI, IDBI Bank

Reuters

Third price increase this year comes amid rising input costs and sustained inflationary pressure

Tata Motors Passenger Vehicles

The order highlights strong demand for pipes used in energy and infrastructure projects, while geopolitical tensions have spurred investment in new pipeline networks

The transaction is subject to regulatory approvals, including a CCI nod, and comes as the Bengaluru-based fintech prepares for a potential initial public offering

Fintech

Zilo, Knot and NewMe are adding thousands of styles, expanding fulfilment capacity and tapping physical stores as weddings, festivals, travel and gifting drive demand

Quick commerce, Quick commerce festive discounts, Quick commerce holi price war, Blinkit, Zepto, Swiggy Instamart, Flipkart Minutes

There is a paradigm shift happening in the cybersecurity domain as entry barriers for attacks have reduced because of artificial intelligence, says 63SATS Cybertech's joint MD & joint CEO

Srinivas L, joint managing director and chief executive officer at 63SATS Cybertech

Ati Robotics plans a US manufacturing plant, while Addverb and Novus Hi-Tech are developing physical AI robots for industrial and defence applications and exports.

Robodog, quadruped robot, robot

Manish Anandani will take over as managing director and chief executive officer of Colgate-Palmolive India from September 28

Manish Anandani, Colgate

Anandani was most recently managing director for India and South Asia at Kenvue, which was spun off from pharma giant Johnson & ‌Johnson's consumer business and listed in 2023

Colgate Palmolive India | Image: Company Website

On a visit to New Delhi this week, Check Point Software's chief executive officer Nadav Zafrir spoke to Udisha Srivastav and Nivedita Mookerji on the company's plans for India

Check Point Software Technologies' chief executive officer Nadav Zafrir

Sinha's three-year term to begin on Oct 1, Mittal to leave board on Sept 30

Shabnam Sinha

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.

Buzzing :

Companies

Start Ups

People

Results Corner

Result Calendar

Brokerage Reports

Result News