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

Cofounder says growth driven by three engines: Customers, artificial intelligence, and supply

MakeMytrip

Among the recent exits are cloud telephony provider Exotel, where Artha clocked a 114x return, and investment platform Lightyear, which yielded 20x returns

Anirudh Damani, Managing Partner, Artha Venture Fund.

Tata Group-owned private carrier Air India on Sunday said it cancelled its Milan-Delhi flight of August 16 after detecting a maintenance issue at the last minute.
Alternative arrangements are being made to fly the passengers to their destination at the earliest, Air India said in a statement.
"Flight AI138 operating from Milan to Delhi on August 16 was cancelled due to a maintenance task identified during pushback," the statement said.
"Our ground team in Milan extended immediate assistance to all the affected passengers, providing hotel accommodation and offering full refunds on cancellation or complimentary rescheduling as opted by the passengers," it said.
According to Air India, along with the maintenance issue, the operating crew of the flight come under the mandatory flight duty-time limitation norms.
Air India generally operates its Boeing 787-8/9 aircraft fleet to cater to European destinations.
The airline, which came under private hands in January 2022, has, of late, be

air india plane

Alternative arrangements are being made to fly the passengers to their destination at the earliest, Air India said in a statement

Apple India signs a 10-year lease for 2.7 lakh sq ft office space in Embassy Zenith, Bengaluru, with a total rental outlay of Rs 1010 crore, marking its second office in India's tech hub

apple, apple logo

Ahmedabad-based Torrent Group's green hydrogen plant in Gorakhpur in Uttar Pradesh was on Sunday inaugurated by state chief minister Yogi Adityanath.
The project, jointly developed by Torrent Group entities Torrent Power and Torrent Gas, will have an annual production capacity of 72,000 tonnes per annum, the group said in a statement.
"The Green Hydrogen produced at the plant will be blended with natural gas in Torrent Gas' City Gas Distribution infrastructure in Gorakhpur, maintaining its concentration up to 2 per cent," it said.
The green hydrogen blended with natural gas will be further supplied to domestic households, CNG stations and industries in the region through the already laid network of natural gas pipelines.
"Torrent's green hydrogen plant in Gorakhpur is the first Green Hydrogen plant in Uttar Pradesh and is also the largest Green Hydrogen and Natural Gas blending project in the City Gas Distribution sector in the country," the statement said.
Torrent Gas has licence

Yogi Adityanath, yogi, UP CM

The project, jointly developed by Torrent Group entities Torrent Power and Torrent Gas, will have an annual production capacity of 72,000 tonnes per annum, the group said in a statement

Coal India Ltd (CIL) is pressing ahead with its production and evacuation infrastructure plans under its capital expenditure programme for the current fiscal, even as coal demand remained sluggish in the first quarter of FY 2025-26.
The company has earmarked the largest share of Rs 5,622 crore - about 35 per cent of the total proposed Rs 16,000 crore capex in FY26 - for coal transportation and evacuation infrastructure, including rail sidings, corridors, coal handling plants, silos and roads.
The investments are critical to ramp up mechanised coal evacuation capacity from the present 151 million tonnes per annum (MTPA) to 994 MTPA by FY 2028-29 under first mile connectivity, an official told PTI.
The state-run miner, which accounts for over 75 per cent of domestic coal output, reported a decline in performance in the June quarter, with production falling 3 per cent to 183.32 million tonnes and offtake slipping 4 per cent to 191 million tonnes.
Already, there are signs of demand ...

Coal India

The company has earmarked the largest share of ₹ 5,622 crore - about 35 per cent of the total proposed ₹ 16,000 crore capex in FY26

IiAS has recommended against resolutions on CEO remuneration and reappointment of two independent directors at Hindustan Zinc, citing governance and transparency concerns

Hindustan Zinc

The San Mateo- and Bangalore-based startup will use the funds to grow its team, expand product integrations, and scale AI agents that automate enterprise workflows

Refold AI

The deal will integrate Titan's AI-powered email platform into GoDaddy's Professional Email service, potentially reaching millions of small businesses globally

Bhavin Turakhia

The government has recognised more than 1.8 lakh firms as startups as on June 30, 2025, Parliament was informed on Tuesday.
The recognised startups are eligible for a number of fiscal incentives, including income tax benefit announced under Startup India action plan.
"Since the launch of the Startup India initiative, number of entities recognised as startups by Department for Promotion of Industry and Internal Trade (DPIIT) has increased from around 500 in 2016 to 1,80,683 as on 30th June 2025," Minister of State for Commerce and Industry Jitin Prasada said in a written reply to the Lok Sabha.
Under Startup India initiative, the government is implementing flagship schemes, Fund of Funds for Startups (FFS), Startup India Seed Fund Scheme (SISFS), and Credit Guarantee Scheme for Startups (CGSS) to provide funding opportunities and support startups at various stages of their business cycle.
He added that Alternative Investment Funds (AIFs) supported under the FFS have invested Rs 23,6

Jitin Prasada, Jitin

The government has recognised more than 1.8 lakh firms as startups as on June 30, 2025, Parliament was informed on Tuesday.

Bengaluru-based AI entertainment firm to invest in core tech and product innovation as DashReels crosses five million downloads in a month

artificial intelligence, Technology, ecommerce, Startups

IBM Asia Pacific head on India's data sovereignty push, AI adoption, and cloud evolution

Hans Dekkers, General Manager, IBM Asia Pacific

The National Deepwater Mission will create a corpus fund to boost strategic oil and gas exploration in deepwater and ultra-deepwater areas as OIL ramps up acreage

oil and gas

Along with a rejig of segments it operates in, the firm is eyeing ₹1,500 crore gross revenue in FY26

Zostel CEO Aviral Gupta

This is a flagship initiative being launched by the Government of India under the aegis of the Ministry of Petroleum and Natural Gas (MoPNG)

Fields headquarters of Oil India Limited

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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