Godrej Industries shares rose after its subsidiary signed a MoU with the Telangana government to invest ₹150 crore in a new dairy processing facility
The plot offers 1.7 msf of development potential and pushes the company past its Rs 20,000 crore annual BD guidance
Godrej Industries shares 3 per cent after its profit fell after its profit fell 16 per cent in the September quarter
The firm's revenue from operations rose 5 per cent to ₹5,032 crore in Q2FY26, from ₹4,805 crore from the same quarter last year. On a sequential basis, it increased 13 per cent from ₹4,459 crore
Q2FY26 company results: Firms including Bajaj Holdings & Investment, Bharat Forge, Bosch, Cera Sanitaryware and Hindustan Copper are also to release their July-September earnings reports today
Interio by Godrej will open flagship large-format stores in metros and expand mid-sized outlets in smaller cities as part of its push to reach Rs 10,000 crore revenue by FY29
Q1 FY26 company results: CSB Bank, United Spirits, Aditya Birla Fashion and Retail (ABFRL), Firstcry and Pfizer are also to release their April-June quarter earnings reports today
Godrej Industries on Thursday said it will invest more than Rs 750 crore over the next few years to expand capacities of its chemicals business and achieve higher annual revenue. In a regulatory filing, Godrej Industries informed that its chemical business will undertake significant capacity expansions as part of its growth plan to become a USD 1 billion global business before 2030. "With a total capital outlay for expansions to exceed Rs 750 crore over the next few years, the company has already kicked off several projects," it said. Godrej Industries (Chemicals) will double its fatty alcohol and uric acid capacities with an addition of 35,000 tonnes per annum and 20,000 tonnes per annum respectively. It has tripled its specialities capacity with an addition of 21,000 tonnes per annum, while the glycerine capacity will be doubled with an addition of 24,000 tonnes per annum. The fermentation capacity will also see a threefold increase with an addition of 1,500 tonnes per annum. I