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

India's second-largest IT services company had onboarded about 1,200 engineers between October and November. These trainees get three attempts to clear the assessment

Infosys

At present, L&T has two operational data centres-Mumbai and Chennai-with a combined capacity of 32 MW

Larsen and Toubro (L&T)

FTC reverses claim of resource constraints, says Amazon trial will proceed as scheduled despite DOGE-driven budget cuts and staff reductions under the Trump administration

Amazon

Datta Power Infra on Thursday announced signing a power purchase agreement with state-owned SJVN to set up a 70 MW wind energy project.
SJVN's WIND-1 initiative aims to develop 600 MW of ISTS-connected (Inter-State Transmission System) wind power projects across India, the company said in a statement.
Varchasvi Gagal, Managing Director & CEO of Datta Power Infra, said: "We collaborate with SJVN Limited on this landmark 70-MW wind power project, which is a significant step toward strengthening India's renewable energy ecosystem".
Datta Power Infra is focused on the end-to-end development of renewable energy projects, including building transmission lines and substations and undertaking engineering, procurement, and construction (EPC) for renewable energy projects.
The company has a presence across states like Odisha, Chhattisgarh, Madhya Pradesh, Tamil Nadu, Andhra Pradesh, Karnataka, Maharashtra, and Rajasthan.

Energy, Solar energy, Wind Energy

The company has a presence across states like Odisha, Chhattisgarh, Madhya Pradesh, Tamil Nadu, Andhra Pradesh, Karnataka, Maharashtra, and Rajasthan

The Chennai-based hospital chain is also working on an AI tool that will help clinicians prescribe the most effective antibiotic suitable to treat the illness

Apollo Hospitals

The non-banking finance company has issued three-month CPs at a yield of 7.80 per cent and accepted bids worth ₹1,000 crore ($114.95 million)

Jio Financial Services

Endo shareholders will get $80 million in cash and own 49.9 per cent of the combined company, while Mallinckrodt shareholders will own the rest for an enterprise value of $6.7 billion

drugs

It will be the first private reinsurance company in the country

Insurance, irdai

The company became the master franchisee of American fast food giant Wendy's in 2023. Since then, Rebel has scaled Wendy's to 200 stores, with the latest one opening in Gurugram on Wednesday

Ankush Grover, Cofounder, Rebel Foods

On the international front, the fashion-tech brand plans to open two stores in Dubai. It is currently scouting locations and aims to begin operations by the end of 2025

Amar Nagaram, co-founder and chief executive officer (CEO), Virgio

Speaking on the sidelines of TiECon, Mehta stated that Ather's focus remains on scaling its business, as the company is bullish on expanding its market beyond South India

Tarun Mehta

'We have installations  of about 6 Gw in solar and 5 Gw in wind energy, and a pipeline of 15 Gw,' said Sumant Sinha, chairman and chief executive officer of ReNew

Sumant Sinha

"In India, we're witnessing distinctive travel trends, including spiritual and religious tourism" said Laura Houldsworth, MD & VP, APAC, Booking.com

Laura Houldsworth

Karine Allouche, general manager for enterprise at Coursera, highlighted that 95 per cent of Indian higher education leaders believe micro-credentials help create job-ready graduates

Karine Allouche,

Lim and Sood say they are bullish on infrastructure, consumer, technology, and healthcare sectors, and see opportunities in Indian despite global uncertainties

GIC CEO Lim Chow Kiat (left) with Pankaj Sood, head of India and Africa, PE | Picture: Company

Banga acknowledges that companies have no choice but to adapt, despite energy transition ships running on dual fuels costing up to 20 per cent more than conventional vessels

Harindarpal ‘Harry' Singh Banga

ELC President and CEO Stephane de La Faverie talks about how they are fostering entrepreneurship in India's rapidly expanding beauty market

Stephane de La Faverie, President & CEO, The Estee Lauder Companies

Dish TV is focusing on expanding its revenue stream, said Manoj Dobhal

Manoj Dobhal, CEO, Dish TV

The Ordinance has excluded Reserve Bank of India (RBI)-regulated entities (REs) which are in this business

JIJI MAMMEN, ED&CEO, Sa-Dhan

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