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

Eicher Motors Ltd on Tuesday said its subsidiary VE Commercial Vehicles Ltd has received a GST demand of Rs 192.36 crore, along with a penalty, in a matter related to delay in reporting credit notes for the financial year 2017-18 .
In July this year VE Commercial Vehicles Ltd (VECV)  received Show Cause Notice (SCN) from the Commissioner, CGST & Central Excise, Ujjain Commissionerate, Madhya Pradesh alleging contraventions of the provisions of CGST Act, 2017 pertaining to FY 2017-18 and involving GST amount of Rs 168.19 crore and equivalent amount of penalty, Eicher Motors said in a regulatory filing.
After VECV had submitted a response to the SCN, the company received a demand order on December 29, 2025 confirming demand of Rs 96.18 crore in the matter as against Rs 168.19 crore mentioned earlier under the SCN and equivalent amount of penalty and applicable interest, it added.
"Based on the assessment of this matter and advice of the counsel, VE Commercial Vehicles Ltd believes ..

VE Commercial Vehicles

After VECV had submitted a response to the SCN, the company received a demand order on December 29, 2025 confirming demand of Rs 96.18 crore in the matter

Procter & Gamble Home Products Ltd, which manages iconic home and fabric care brands as Ariel and Tide, reported a 19.1 per cent increase in profit to Rs 683.29 crore in FY25 and its revenue from operations rose 3.4 per cent to Rs 9,054.11 crore, according to a regulatory filing from the company.
However, its total income, which includes other income, was down nearly 2 per cent to Rs 9,228.83 crore for the financial year ended on March 31, 2025, according to financial data accessed through the business intelligence platform Tofler. The figure stood at Rs 9,413.02 crore a year before.
Procter & Gamble Home Products Ltd (PGHPL)'s net profit was at Rs 573.6 crore, and its revenue from operations stood at 8,756.79 crore in the year-ago period.
PGHPL is an unlisted entity operating in India through the Ohio, US-based global FMCG major Procter & Gamble. It operates in the fabric and home care, baby care and hair care business of the FMCG major with brands such as Pampers, Ariel,

From its highs over the past month, the stock of Procter & Gamble Hygiene and Healthcare is down 7 per cent before recovering this week P&G

Procter & Gamble Home Products Ltd (PGHPL)'s net profit was at Rs 573.6 crore, and its revenue from operations stood at 8,756.79 crore in the year-ago period

Vipin Kapooria, Chief Financial Officer of Eternal-owned quick commerce major Blinkit, has resigned a year after he joined the firm, sources said on Tuesday.
Kapooria, a former Flipkart executive, has "moved on" from Blinkit, said people close to the development.
There was no formal statement from Blinkit or its parent firm Eternal regarding the development.
Kapooria's resignation comes at a time when competition in India's e-commerce space has intensified, and days after rival Zepto filed preliminary papers with markets regulator Sebi to raise Rs 11,000 crore through its initial public offering (IPO) using a confidential route.
His former employer Flipkart is also reportedly gearing up for a potential listing next year.

Blinkit

Kapooria's resignation comes at a time when competition in India's e-commerce space has intensified, and days after rival Zepto filed preliminary papers with markets regulator Sebi

ARCs will see their revenue mix continue to tilt towards recovery-linked income, away from primarily management fee-driven income, said Crisil

Crisil

Earlier this year, Manus launched its AI agent and claimed its performance outpaced OpenAI's DeepResearch

Meta headquarters in Menlo Park, California

Roadster X+ becomes India's first electric motorcycle approved with an indigenously developed 4680 Bharat Cell battery pack

Ola Electric, OLA

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

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

Indian Bank's Sudhir Kumar Gupta outlines how credit, fintech partnerships and startup funding can help Uttar Pradesh move towards a $1 trillion economy

Sudhir Kumar Gupta, chief general manager, Indian Bank

UPPTCL MD Mayur Maheshwari outlines plans for a green, tech-driven transmission grid to power Uttar Pradesh's $1 trillion economy ambition

Mayur Maheshwari

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

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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