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

That is significantly higher than cross town rival Infosys whose variable pay for the same period was about 65 per cent due to a muted business environment

Wipro

Celebi operated at nine airports in India, including gateway facilities in capital New Delhi and the commercial hub of Mumbai. Its operations were halted after Turkey voiced support for Pak

Gautam Adani, Adani

Waaree Renewable Technologies Ltd (WRTL) on Tuesday announced securing a solar project worth Rs 345 crore in Rajasthan from a prominent domestic renewable energy generation company.
The project is scheduled for completion in the financial year 2025-26, the company said.
WRTL has secured a significant EPC order for a 300 MW AC (alternate current)/ 435 MW DC (direct current) ground-mounted solar photovoltaic project in Bikaner, Rajasthan.
The order, valued at more than Rs 345 crore, was awarded by a prominent domestic renewable energy generation company, the company said, without disclosing any further details.
"This collaboration marks a significant milestone in our relationship, built on mutual trust, shared vision, and a commitment to sustainable growth. We value this partnership deeply and look forward to working closely together to deliver impactful outcomes now and into the future," said Sunil Rathi, Executive Director, WRTL.
The scope of work includes engineering, procurement

Waaree Renewable Technologies

WRTL has secured a significant EPC order for a 300 MW AC (alternate current)/ 435 MW DC (direct current) ground-mounted solar photovoltaic project in Bikaner, Rajasthan

OpenAI will grant API credits and technical support to 11 Indian non-profits, including Rocket Learning and Noora Health, to advance AI solutions for social good

OpenAI

Aakash urges NCLT to add EY and its partner as parties in Byju's dispute, citing conflict of interest and alleging professional misconduct in corporate advisory role

Aakash Educational Services, Aakash

Earlier this year, PCTL acquired a 25 per cent stake in Brazil-based embedded finance firm Seven Technology for $1 million

Paytm

Government owned Oil India Ltd (OIL) has commenced natural gas production from the Bakhri Tibba block, located in the desert belt near the India-Pakistan border in Rajasthan's Jaisalmer district.
The commencement of natural gas production was announced by Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri.
Taking to social media platform 'X', the Union Minister hailed the milestone as a testament to the company's resilience and commitment.
"This milestone is a shining example of Oil India Ltd's resilience, resolve and responsibility in delivering energy under challenging frontier conditions," Puri posted on Monday.
He further said, "I commend the relentless efforts of the Oil India team, who brave extreme situations daily to ensure stable energy flow. Every hydrocarbon molecule produced brings us closer to energy security and self-reliance," he added.
Oil India has begun production from the DSF-III (Discovered Small Field) block in Bakhri Tibba. The operation is situ

Oil india

Taking to social media platform 'X', the Union Minister hailed the milestone as a testament to the company's resilience and commitment

The company operates in a segment projected to reach $40 billion by 2030, growing at a compound annual rate of 19 per cent

Jonty Rhodes with UpUrFit Co-Founders Munish Vig and Vikram Gunjal

Snitch to double retail footprint, enter quick commerce, expand categories, and pilot international markets with fresh funding

Siddharth Dungarwal, founder and CEO, Snitch

The suspension will remain in effect until the establishment achieves full compliance and receives clearance from the licensing authority, the FDA said

Zepto

SC admits cases filed by Byju's promoters challenging NCLAT ruling on BCCI insolvency plea despite settlement; interim relief to be taken up in July

Byju

India is a fascinating growth story. It is one the world's fastest growing major economies globally, says Jin Su

Jin Su, president of Asia Pacific and head of Asia Pacific Global Markets, Bank of America

We have three different businesses, dairy, edible oils and fruits and vegetables, all three businesses did well last year, says Manish Bandlish

Manish Bandlish, managing director at Mother Dairy

With plane supply scarce, Air India has leased every suitable jet available worldwide, says CEO Campbell Wilson, as the airline navigates delays and demand.

Campbell Wilson, Campbell, Wilson, Air India CEO

The tally of our Fortune 500 customers increased from 78 to 91 in the last one year, Ravi Viswanathan said

Ravi Viswanathan, MD, TVS SCS

Airbus aims to boost A320 family aircraft production rate to 75 per month by 2027 as supply chain stabilises, says Chief Commercial Officer Benoît de Saint-Exupery

Image

Sudipta Roy said that the transfer of the gold business of Paul Merchants Finance will be completed by June 15

Sudipta Roy, MD & CEO, L&T Finance

In the next five years, we will move from 20 lakh SMEs (small and medium enterprises) who come to the platform every month to servicing more than one crore customers, says Goel

Pranav Goel, co-founder and executive vice chairman, Porter

If small cars perform better than we have estimated, we will exceed our projections, Bhargava said

RC Bhargava

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

Interview