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

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

This marks one of the largest cash exits for a direct-to-consumer startup in the women's health and well-being space

Darpan Sanghvi (Left) & Deep Bajaj (Right)

Within just a few hours, thousands of people lined up to pay their respects to Tata's remains

Tata funeral

The IT services major's Q2 performance was in line with the trends observed in Q1, with robust growth in regional markets partially offset by an underwhelming showing in the US and Europe

Information technology major Tata Consultancy Services (TCS) on Friday termed the tax demand notices received by several of its employees a “discrepancy,” and the tax department will be reprocessing the returns.

Shares of the company closed 1.9% higher ahead of results on Thursday

Q2 earnings, Q2 results

NPCI data for June-Aug suggests that Paytm's UPI market share by value of transactions is steady

Paytm

Noel entered the Tata Group in 1999, taking over the retail arm, Trent, and was later elevated to chairman in 2014

With his son Neville by his side, Noel Tata, 67, was the face of the Tata family at Ratan Tata’s funeral on Thursday. As India’s top leaders and business tycoons paid homage to the titan, Noel, known for establishing the retail giant Trent, maintaine

With his son Neville by his side, Noel Tata, 67, was the face of the Tata family at Ratan Tata's funeral on Thursday. As India's top leaders and business tycoons paid homage to the titan, Noel, known for establishing the retail giant Trent, maintaine

Vehicle manufacturer JSW Green Mobility has been allotted 636 acres of land in the Bidkin node of AURIC city and the plant will go into production in the next 12 to 18 months, an official said.
After allotting 827 acres of land to Toyota Kirloskar Motors Private Limited, the administration has issued land to another vehicle production company in the Bidkin node of AURIC (Aurangabad Industrial City).
The administration has issued 636 acres of land to JSW Green Mobility company in the Bikdin node. The land allotment certificate was issued online by the Maharashtra Industrial Township Limited (MITL) on Thursday, an official said.
The company will establish an electric car manufacturing unit on 546 acres of the allotted land. Apart from this, the company will also produce commercial vehicles in the area of 90 acres. The company will invest Rs 27,200 crore here, which will create 5,000 direct and 15,000 indirect jobs, a release said on Thursday.
The company will commence its work soon a

JSW Group

The administration has issued 636 acres of land to JSW Green Mobility company in the Bikdin node. The land allotment certificate was issued online by the Maharashtra Industrial Township Limited

Many of the dozens of Indian startups that once chose to be based abroad for better access to capital and smaller tax bills are now queuing to return home

He once said he viewed these investments as a 'learning experience'

Ratan Tata

29% founder took two attempts to build their first Unicorn

Funding among Indian startups declined by a marginal 7 per cent in the first nine months of 2024 to $7.6 billion from $8.2 billion during the same period last year.

Hyperlocal delivery startup says performance in September proves growing market share in major cities

magicpin

AstraZeneca Pharma India Managing Director and Country President, Sanjeev Panchal, talks to Shine Jacob about the company's future plans in an interview

Sanjeev Panchal, Country president & managing director, AstraZeneca  Pharma India

Kurek discusses Oriflame's commitment to the direct-selling model, its plans to expand its women-led sales force, and how India remains a priority market

Edyta Kurek, senior vice president of Oriflame India and Indonesia

India is expected to have a fair share of the €22-25 billion in investments the firm has planned over a three-year period between 2023 and 2025

Catherin Macgregor, Group CEO and board member, ENGIE

The 88-year-old designer, author of books like The Design of Everyday Things, Emotional Design, Design for a Better World was in India as advisor to BITS Design School, Mumbai, for a three-city tour

Don Norman

Deborah talks about the firm's high-yielding investment in Physics Wallah, the decision to not invest in beleaguered edtech firm Byju's, and investment strategy in India

Deborah Quazzo

Varun Berry and Cecile Beliot discuss capturing a larger share of the cheese market in India

Cecile Beliot, chief executive officer of Bel Group (left) and Varun Berry, executive vice-chairman and managing director of Britannia Industries

Unsoo Kim, president, CEO and MD, Wangdo Hur, executive director and CFO, and Tarun Garg, whole time director and COO of Hyundai Motor India outline their plans

(From left) Wangdo Hur, executive director and CFO, Unsoo Kim, president, CEO and MD, and Tarun Garg, whole time director and COO of HMIL - Kamlesh Pednekar

Momentum back; wish next CEO from within Cognizant: Ravi Kumar S

Ravi Kumar S, CEO, Cognizant

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