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

RCPL partners with Ceylon Cold Stores to launch Campa beverages in Sri Lanka, expanding the heritage Indian brand's reach to more overseas markets

Campa Cola

BSNL has signed MoUs with Ericsson, Qualcomm, Cisco, and Nokia to launch 5G, AI, and networking training at its Jabalpur institute, aiming to train over 2,000 participants annually

BSNL

The investment will be made through Horizon Aero Solutions Limited, a 50-50 joint venture between Adani Defence & Aerospace and Prime Aero, which is owned by Prajay Patel, director of Indamer Technics

Adani Defence & Aerospace on Monday announced that it has, in partnership with Prime Aero, signed a definitive agreement to acquire 100 per cent ownership of Indamer Technics Private Limited (ITPL), a private-sector Maintenance, Repair, and Overhaul

Adani Defence MRO

Fusion Finance shares rose on improved Q1 performance, with lower credit costs, better asset quality, narrower losses, and stronger operational efficiencies

Fusion Finance

State-owned Solar Energy Corporation of India (SECI) on Monday posted a 15 per cent rise in its net profit to Rs 501.92 crore in fiscal 2024-25, driven mainly by higher revenues.
As per the audited standalone financial results for the year ending March 31, 2025, SECI has recorded revenue from operations of Rs 15,185.10 crore and Profit After Tax (PAT) of Rs 501.92 crore, the company statement said.
In comparison, it stated that the SECI's revenue from operations for the financial year 2023-24 stood at Rs 13,035.07 crore, and PAT was Rs 436.03 crore.
Santosh Kumar Sarangi, Secretary, Ministry of New and Renewable Energy and Chairman & Managing Director (Additional Charge), SECI, said, "This performance reflects the Corporation's commitment to financial discipline and  institutional delivery."
He further stated that crossing the Rs 15,000 crore revenue and Rs 500 crore PAT benchmark represents a significant development in SECI's financial roadmap.
These results improve the ...

Energy, Solar energy, Wind Energy

In comparison, company stated that the SECI's revenue from operations for the financial year 2023-24 stood at ₹13,035.07 crore, and PAT was ₹436.03 crore

Tata Consultancy Services (TCS) on Monday said it has partnered with NOW Corporation's telecom arm to boost digital infrastructure and enable financial inclusivity in the Philippines.
Now Telecom is a public sector telecommunications company in the Philippines offering services across mobile networks and fixed wireless.
"Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, has partnered with NOW Corporation's telecom arm  Now Telecom, a public sector telecommunications company, to bolster national digital sovereignty, enable financial inclusivity, and build a clean network for the Philippines," according to a release.
With this Memorandum of Understanding (MoU) in place, the release said, TCS will support the company with capabilities to expand trusted networks, provide sovereign cloud technology and a cyber-defence suite, alongside creating citizen-centric services in areas such as healthcare and digital banking, promoting financial .

TCS, Tata Consultancy Services

Now Telecom is a public sector telecommunications company in the Philippines offering services across mobile networks and fixed wireless.

The oil and gas major ONGC will be investing over Rs 4,600 crore to drill 10 development wells, to set up two unmanned platforms, to lay an offshore pipeline, and to establish an onshore gas processing facility in Konaseema District of Andhra Pradesh.
Oil and Natural Gas Corporation Limited (ONGC) has approached the Ministry of Environment and Forests seeking fresh environmental clearance for the proposed project, an Experts Appraisal Committee (EAC) under the ministry said in the minutes of its meeting held on July 24.
Letter of Award (LOA) for Offshore Oil and Gas Contract areas KG/OSDSF/CHANDRIKA/2021 (Chandrika) comprising an area 697 sq km and KG/OSDSF/GS49/2021 (GS49) comprising an area of 148 sq km in East coast were issued by Director General of Hydrocarbons in September 2022 under under DSF-III (Discovered Small Field-III).
"Total land area required is 26.3 hectares (Odalarevu Terminal) for the proposed installation. Greenbelt will be developed in a total area of 8.7 ...

ONGC

Oil and Natural Gas Corporation Limited (ONGC) has approached the Ministry of Environment and Forests seeking fresh environmental clearance for the proposed project

Graas.ai secures $9 million in pre-Series B funding to expand Agent Foundry, its AI agent platform solving commerce challenges for D2C and marketplace brands

startup, startup funding, funding

Funds will help the firm launch its maiden spacecraft on ISRO rocket, expand capacity, deploy nanosatellite and pilot its real-time RF sensing tech for customers by 2026

Xovian Aerospace

Hybrid power projects integrate two or more energy sources -such as solar and wind - to improve overall system efficiency and reliability

Devansh Jain

The writer steps into a Big Basket dark store, and unlocks the secret that makes your quick commerce app the modern technological equivalent of Alladin's djinn

darkstore quick commerce

'Amazon's entry is through a partnership with Orange Health. It is more of a distribution through Amazon'

Metropolis Healthcare

I think the momentum will be huge in our favour be it in terms of deposits or loans. We just got the license last night and the kind of curiosity I am seeing around this is huge, said Agarwal

Sanjay Agarwal, managing director and chief executive officer (MD & CEO), AU Small Finance Bank

We remain confident in our global footprint and are well positioned to respond once more details are available.
, said Biocon Chairperson

Kiran Mazumdar-Shaw

The firm stated that Yezdi has led its strategic priorities, including governance, client relationships, and organisational culture, contributing to steady growth

Consultancy major KPMG on Thursday announced the re-appointment of Yezdi Nagporewalla as the chief executive officer of its India unit for a second term. The upcoming tenure will span three years, beginning February 2027.

Yezdi Nagporewalla

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

Ashwani Kumar, Managing Director and Chief Executive Officer (MD&CEO), UCO Bank

VinFast is committed to making EVs more accessible while contributing to economic growth through investment and local job creation.

Pham Sanh Chau

Two-wheeler demand likely to remain tepid until festival season, says HMSI

Yogesh Mathur, Director-Sales & Marketing, HMSI

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

JSW joint managing director and chief executive officer Jayant Acharya

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