Godrej Industries Ltd News
Locks and Architectural Solutions aims Rs 2,500 crore in revenue by 2028
Locks and Architectural Solutions, a business unit of Godrej Enterprises Group, is targeting to reach Rs 2,500 crore revenue by 2028, a senior company official said. The company is the market leader with around 30 per cent share in India, Locks and Architectural Solutions Business Head Shyam Motwani told PTI on the sidelines of the press conference here. "We are targeting...to reach Rs 2,500 crore by the year 2028," he said, adding that the company continues to reinforce its position as India's most trusted and preferred locks brand, driven by cutting-edge innovation and an expanding digital product portfolio. "E-commerce and quick commerce have played a pivotal role in this transformation, with the company doubling its business in the online segment," Motwani said. With evolving safety needs, digital locks have emerged as a key growth driver, and are now, contributing 10 per cent of the business, he noted. "The digital lock segment has witnessed an impressive 45 per cent year-on-
This Godrej group stock has zoomed 33% in 2 days on heavy volumes
Shares of Godrej Industries surged 15 per cent to Rs 1,147 on the BSE in Friday's intra-day trade, extending its Thursday's rally in an otherwise weak market
Godrej Industries gains 10% on healthy Q3 show; PAT rises 77%, rev up 34%
On Wednesday, after market hours, Godrej Industries reported a 77 per cent rise in consolidated profit to Rs 188 as compared to Rs 106 crore a year ago
Land never an issue for GEG family biz split: Jamshyd Godrej, Nyrika Holkar
Jamshyd Godrej and Nyrika Holkar talked about the development of 1,000 acres of prime land in Mumbai, future investment plans, and the need for brand change
Jamshyd Godrej-led GEG announces plans to invest Rs 7.5k cr in 3 yrs
Four months after the amicable split in the over century old conglomerate, Jamshyd Godrej-led Godrej Enterprises Group (GEG) on Thursday unveiled a new identity and announced plans to invest Rs 7,500 crore across businesses in the next three years. GEG, which is into manufacturing locks, refrigerators and interior products along with carrying out engineering and infra projects, will be the new brand identity and Godrej & Boyce will continue to act as the holding company, Jamshyd Godrej told reporters here. In June, the family announced the rare amicable settlement of asset ownership under which assets were split between Jamshyd and his cousins Adi and Nadir, who will steer the consumer products and agrovet businesses. Jamshyd Godrej said nothing changes for consumers because of the split, which is termed as "realignment", and added that the company has also identified new areas of growth. He specified that green hydrogen, energy storage and recycled construction materials will be .
Godrej Industries gains 9% on posting over 2x profit in Q2, revenue up 22%
Godrej Industries reported its Q2 results after market hours on Wednesday which showed that the company's net profit rose 287.62 per cent to Rs 87 crore as compared to Rs 229 crore a year ago
Godrej Industries to buy Savannah Surfactants' food unit for Rs 76 crore
Godrej Industries will acquire the food additives and emulsifier business of Savannah Surfactants Limited for Rs 76 crore. In a regulatory filing on Tuesday, Godrej Industries said that the company has signed a 'Business Transfer Agreement' with Savannah Surfactants Limited (Goa) with the intention to acquire their food additives and emulsifier business. The deal value is estimated at around Rs 76 crore. "As a leading player in oleochemicals, surfactants, specialities and biotech, this transaction will help the company expand its product offerings to the Food & Beverages segment," the company said. Located in Goa, Savannah Surfactants Ltd has a manufacturing capacity of 5,200 tonnes per annum of finished products. Vishal Sharma, Executive Director and Chief Executive Officer of Godrej Industries (Chemicals), said, "In line with our strategy, the acquisition of this unit in the food ester and emulsifier business will help us to grow our speciality chemicals business. This ...
Godrej Properties soars 9% after profit rises five fold in Q2FY25 results
Shares of Godrej Properties soared 8.72 per cent at Rs 3,219.25 per share on the BSE in Thursday's intraday trade
Eyeing entry into affordable housing loans: Godrej Capital MD & CEO
Shah discussed NBFCs' recent plans for affordable housing and initial public offerings
