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

Top IT firms see net hiring decline in FY26 as AI-led shifts, weak demand, and global uncertainties slow recruitment and dampen fresher hiring outlook

Nifty IT Index April 2025 performance, IT sector underperformance India, TCS Infosys Wipro HCL Tech share fall, Nifty 50 vs Nifty IT Index, IT sector weightage in Nifty 50, lowest IT index weight in 17 years, Indian IT stocks post-Covid decline, IT s

Mahindra & Mahindra's patent portfolio has expanded sharply over the past decade, with granted patents rising over 20-fold, reflecting a stronger focus on R&D and innovation

mahindra & mahindra , logo

Supplier base 3x, tops Vietnam; China share below 10%

The sharp increase in India’s supplier base is driven by Apple assembling its flagship iPhone, which accounts for nearly 50 per cent of its total revenue, and requires a complex web of components

The sharp increase in India's supplier base is driven by Apple assembling its flagship iPhone, which accounts for nearly 50 per cent of its total revenue, and requires a complex web of components

Birla Estates reported FY26 bookings of Rs 8,136 crore, up 1.7 per cent YoY, supported by strong demand in NCR and Bengaluru and a focus on premium residential developments

birla estates, logo

While memory chip shortage has hit sales in markets across the globe, the Indian market has been resilient so far, said Asus global Co-Chief Executive Officer Samson Hu

Samson Hu, ASUS

Reliance-Meta AI joint venture REIL names Parminder Singh as CEO to drive enterprise AI capabilities, backed by Meta's technology and Reliance's infrastructure and reach

Parminder Singh, CEO, REIL

The project, being developed through its step-down subsidiary Smel Steel Structural Pvt Ltd, is in an advanced stage and is expected to be commissioned by June 2026, the company said

Aluminium, Alba, Aluminium prices

Bengaluru-based AAA gaming studio secures funding from VCs and Indian cricketers as it prepares to launch 'eCricket' and scale live operations

investment, funds, funding

Startup bets on a systems-led approach over hit-driven strategy as investors back faster, repeatable game development and portfolio expansion in the mobile gaming space

(L-R) Tapan Ranjan is Co-founder and DOE of Spill Games, Om Misra is Co-founder and CEO of Spill Games in the Middle, Right is Harsh Garg is Co-founder and CTO of Spill Games

A three-to-five-year window will decide whether India builds its own AI ecosystem or becomes a consumer, says Bharat1.AI chief Umakant Soni, warning of growth risks

Umakant Soni, co-founder, Bharat1.AI

All In Capital invests $350,000 in Vasuki AI, marking first relocation under its Golden Ticket programme aimed at helping Indian AI startups access global capital and scale

Artificial Intelligence, AI Technology, IT Sector

NASSCOM's new chair highlights AI as both disruptor and growth driver, amid hiring slowdown, rising compute costs, and global uncertainty shaping India's tech sector

Nasscom's chair Srikanth Velamakanni

Ageas CEO flags high valuations in India's insurance sector but sees China-like growth potential, aims to push JV into top 10 amid rising foreign interest

Hans De Cuyper, Ageas

RBI clears Vivek Tripathi as whole-time director of AU SFB, as the lender gears up for growth and a potential transition to a universal bank

AU Small Finance Bank

PayU bets on UPI innovation, AI-led commerce and merchant solutions to drive next phase of growth as India's digital payments market evolves

Anirban Mukherjee, chief executive officer, PayU

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