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

Tata Sons' consolidated profit fell 35.7% in FY26 to ₹17,923 crore as losses at Air India, Tata Digital and other unlisted ventures weighed on earnings

Tata Sons, Tata group

The RBI said the Delhi High Court has ordered the winding up of Paytm Payments Bank (PPBL) following the central bank's petition and cleared the appointment of Nair as the official liquidator

State Bank of India (SBI) Chief General Manager Girikumar M Nair

Suzlon plans to expand overseas with a 3 GW export order book by FY31, targeting Australia, Europe and Southeast Asia while ramping up domestic capacity

Ajay Kapur, Group CEO, Suzlon

The FMCG major said India will be a key contributor to Unilever's long-term growth as it continues investing to strengthen market leadership across categories

Hindustan unilever, HUL

Visa CEO wrote, "I have deep conviction that we are doing what is right for Visa, our clients and our partners as we continue to focus on driving efficiency across the company"

Visa to layoff 7% of total workforce as CEO seeks to revamp company

Bloomberg

The telecom infrastructure company plans to enter Nigeria, Uganda and Zambia with Airtel Africa as its anchor customer, while funding the expansion largely through debt

Prachur Sah, MD & CEO, Indus Towers

Saurabh Jain, the head of Standard Chartered India's wealth management and affluent client segments, is leaving the bank by the end of this week and will join Bandhan AMC Ltd. as CBO

Standard Chartered, Banking Industry

The logistics arm will expand through a franchise model and dedicated warehousing, giving businesses access to Flipkart's nationwide fulfilment and delivery network

Flipkart-owned logistics firm Ekart

Skyroot's orbital launch and unicorn status prove policy reforms fuelled rapid industry growth

PRIVATE SPACE ODYSSEY

Deep-tech startup Yaanendriya raises ₹15 crore from Piper Serica to accelerate R&D, expand navigation technologies and scale indigenous sensors for defence and aerospace

Yaanendriya LOGO

VC funding in Indian chip and space startups is gaining momentum in 2026, aided by government support despite cautious investor sentiment

dollar

Canara HSBC Life plans to expand its agency network to 5,000 distributors, grow alternate channels and deepen AI adoption to drive growth and profitability

Anuj Mathur, managing director and chief executive officer of Canara HSBC Life Insurance

Tata Sons executive chairman N Chandrasekaran received total remuneration of Rs 158.66 crore in the year ended March 31, 2026, up from Rs 155.81 crore a year earlier, according to the holding company's annual report.
The compensation is the highest that Chandrasekaran has received since Tata Sons began disclosing executive remuneration in fiscal 2022. Over the past five years, he has earned a cumulative Rs 671.4 crore.
His FY26 remuneration comprised salary and other benefits of Rs 17.97 crore, up 18 per cent from Rs 15.12 crore in the previous fiscal, and a profit-linked commission of Rs 140.69 crore, unchanged from FY25.
While his fixed pay has risen over the past five years, the bulk of Chandrasekaran's remuneration has come from commissions, which have increased alongside Tata Sons' profitability.
His commission rose from Rs 94 crore in FY22 to Rs 100 crore in FY23 and Rs 121.5 crore in FY24 before increasing to Rs 140.69 crore in FY25, where it remained in FY26.
While the ...

N Chandrasekaran

Tata Sons executive chairman N Chandrasekaran received total remuneration of Rs 158.66 crore in the year ended March 31, 2026, up from Rs 155.81 crore a year earlier

R C Bhargava talks about the rise of the Indian passenger vehicle market after the 1991 reforms and the industry's continuing transformation

R C Bhargava, Chairman, Maruti Suzuki

Bank of Baroda expects RoA above 1% in the remaining FY27 quarters, despite a one-time litigation settlement, while retaining confidence in growth and profitability

Debadatta Chand, MD&CEO, Bank of Baroda

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

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