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

According to the licensing requirements, BharatPe has to bring down its stake in the bank to 10 per cent within eight years from the bank's operations

BharatPe Logo

In his resignation letter, Nagnur stated that he intends to relocate to the United States to care for family members

Kotak Mahindra Bank

The maker of Hajmola candy and Real fruit juice said rural consumption continued to be resilient and grow faster than urban in the third quarter

Dabur India

It is also projected to achieve breakeven at the net profit level in Q4FY26, brokerage firm Mirae Asset Capital Markets said in a note

Paytm

Brokerages expect improved contribution of financial services into revenue pie

Meanwhile, Yes Bank reported a marginal contraction in deposits during the October-December period (Q3FY25) over the previous quarter

Bank of Baroda

The loss-making private telecom firm Vodafone Idea has rolled out annual recharge plans for mobile phones, offering users unlimited data from midnight till noon, in an attempt to catch up with competition.
The company in a statement shared that it has rolled out pre-paid plans priced at Rs 3,599, Rs 3,699 and Rs 3,799 that will offer unlimited data usage from 12 AM till 12 PM every day throughout the year and it will be in addition to the daily data usage limit at high speed.
"Vi's annual recharge plans offer half day unlimited data from 12 AM to 12 PM in addition to a 2GB daily data quota for the remaining 12 hours of the day. Not just that, Vi SuperHero packs also offer weekend data rollover, which allows users to carry forward unused weekday data and use it during the weekend," Vi said.
The new recharge plans, Vi SuperHero prepaid packs, are currently available in Maharashtra, Delhi, Gujarat, Tamil Nadu, Kerala, West Bengal, Punjab and Haryana.
Vi's rival Jio and Bharti Airtel h

Just a day ahead of the hurriedly called Vodafone Idea (Vi) meeting meant to soothe the nerves of investors amid the company’s sliding stock price and a negative narrative around it, the telco announced a $3.6-billion (Rs 30,000 crore) deal with glob

Just a day ahead of the hurriedly called Vodafone Idea (Vi) meeting meant to soothe the nerves of investors amid the company's sliding stock price and a negative narrative around it, the telco announced a $3.6-billion (Rs 30,000 crore) deal with glob

The company said that it has rolled out pre-paid plans priced at Rs 3,599, Rs 3,699 and Rs 3,799 that will offer unlimited data usage from 12 AM till 12 PM every day throughout the year

The latest order instructs ONGC and GAIL to divert 0.637 MMSCMD of gas, currently utilised for LPG production, towards CGD. Currently, 2.55 MMSCMD of gas is used for LPG production

natural gas

The brand, which started in 2020, is known for its ingredient-based skincare products and raised funds in its Series A from Unilever Ventures and Sequoia Capital India

Hindustan unilever, HUL

The brand that came into being in 2020 is known for its ingredient-based skincare products. It had raised funds in its series A from Unilever Ventures, and Sequoia Capital India

The proposed corpus will be facilitated by the state government and the investment managers under the aegis of the UP Innovation Fund (UPIF)

Startups, Indian startups

A highlight of this partnership is the upcoming SPF Startup Baithak, a flagship event scheduled to take place on January 15-16, 2025, at Bharat Mandapam

India's technology startup ecosystem got six new unicorns in 2024: There were two last year. The new unicorns – startups reaching $1 billion valuation – specialise in lending, logistics, software and generative intelligence. Technology startups raise

Starting today, Blinkit launched its first five ambulances in Gurugram, marking the beginning of its efforts to enhance emergency medical access

Blinkit Ambulance

We have unveiled our AI technology transformation strategy. And we have, in general, as a firm, been huge beneficiaries of using technology early, Rajeev Jain said

Rajeev Jain, MD, Bajaj Finance

The firm has already secured Rs 300 crore and aims to achieve the full target within the next 6 to 9 months, according to Ankur Bansal, Managing Director (MD) of BlackSoil

ANKUR BANSAL, co-founder and director of BlackSoil

India has a demographic advantage and substantial growth and a political system that is relatively calm and consistent, Stephen Dainton, President of Barclays Bank PLC said

Stephen Dainton, President of Barclays Bank PLC

This partnership allows us to access IOC's 37,000 retail outlets and 13,000 LPG distributors, and they have a very strong brand presence, he says

Chetan Maini, Chairman, Sun Mobility

Singh spoke about the major trends that dominated the insurance space in 2024 and the trends to look forward to in the new year

Sarbvir Singh, CEO, Policybazaar.com

Debecker spoke about Cloud services and artificial intelligence and how Wipro is preparing to be an AI-powered firm

JO DEBECKER, managing partner and global head of Wipro FullStride Cloud

Jayabalan said the India GTDC is playing a crucial role for driving global innovations at the firm and the plan is to continue scaling up the centre both in terms of capacity and capabilities

Sreekanth Jayabalan, VP Transformation Officer and VP in charge of the Global Digital Technology Centre (GDTC),  at global consumer goods firm Kimberly-Clark

Agarwal expresses confidence of pick up in private capex and opportunities arising out of US president-elect Donald Trump's tariff war

Harsha Vardhan Agarwal, vice-president and managing director, Emami

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