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Godrej Industries Q1 profit rises to Rs 725 cr on strong consolidated gains
MUMBAI: Godrej Industries’ June quarter numbers read like a mixed-genre script, a drama of losses on the standalone front, but a blockbuster on the consolidated stage. For Q1 FY26, the conglomerate clocked a consolidated net profit of Rs 725.35 crore, up from Rs 640.86 crore in the year-ago quarter and a sharp leap from Rs 416.13 crore in Q4 FY25. The earnings ride was powered by total income of Rs 5,718.97 crore, a 9 per cent rise year-on-year, buoyed by its FMCG, agri-business, chemicals, and real estate subsidiaries.
Segmental muscle showed in the expense sheet too cost of materials consumed stood at Rs 2,420.69 crore, while purchases of stock-in-trade rose to Rs 143.79 crore. Inventory changes delivered a significant positive swing at Rs 3,349.68 crore (credit), compared with Rs 2,011.01 crore last year, cushioning the operating line.
Finance costs came in at Rs 113.53 crore, with depreciation at Rs 576.29 crore. Profit before tax surged to Rs 1,058.56 crore from Rs 872.61 crore in Q1 FY25.
However, on a standalone basis, it was a different story, the company posted a net loss of Rs 29.98 crore, reversing from a Rs 105.26 crore profit a year earlier, hurt by higher input costs and flat revenue growth (Rs 1,018.29 crore versus Rs 986.45 crore in Q1 FY25).
Margins on the consolidated level held strong, with operating margin at 8.90 per cent and net profit margin at 16.26 per cent, an improvement from last year’s 15.09 per cent. Earnings per share stood at Rs 10.37, more than double the Rs 5.44 posted in the March quarter.
With a net worth of Rs 10,137.54 crore and debt-equity ratios steady (gross at 6.42), Godrej Industries appears well positioned for its next growth leg, even if the standalone arm needs a few scenes rewritten.
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Hyundai launches updated Ioniq 5 with 84 kWh battery, 690 km range
Priced at Rs 55.7 lakh, adds design, tech and safety upgrades.
MUMBAI: Charge it up, stretch it out, Hyundai’s latest electric upgrade is going the distance, quite literally. Hyundai Motor India Limited (HMIL) has introduced an updated version of its Ioniq 5, packing in a larger 84.0 kWh battery that delivers a claimed range of up to 690 km (ARAI-certified), marking a significant leap in everyday usability for its flagship electric SUV.
Built on Hyundai’s Electric Global Modular Platform (E-GMP), the refreshed IONIQ 5 aims to balance performance with practicality, reducing range anxiety while making long-distance electric travel more viable. The upgrade builds on a model that has already secured global recognition, including the World Car of the Year title.
The changes aren’t just under the skin. On the outside, the SUV gets a sharper, more futuristic look with redesigned front and rear bumpers, new skid plates, sporty alloy wheels, a revised rear spoiler and updated V-garnish lighting, all while retaining its signature Parametric Pixel design.
Inside, Hyundai has focused on making the experience more intuitive. The cabin now features a redesigned three-spoke steering wheel with illuminated pixel elements, dual 12.3-inch displays, and a reworked wireless charging pad integrated with physical controls for seat functions small tweaks that aim to improve day-to-day usability.
On the tech front, the IONIQ 5 gets Hyundai’s Connected Car Navigation Cockpit (ccNC), Controller Over-the-Air (C-OTA) updates, and now supports wireless Android Auto and Apple CarPlay. New additions such as Active Sound Design and in-car payment integration for EV charging reflect a push towards a more seamless, connected ownership experience. Remote immobilisation via Bluelink has also been introduced as an added security layer.
Safety sees incremental upgrades too, with features like Parking Collision-Avoidance Assist (Rear) and side parking distance warnings enhancing manoeuvrability in tight urban spaces.
The updated IONIQ 5 is available in four colour options Gravity Gold Matte, Midnight Black Pearl, Titan Grey and Optic White with an Obsidian Black interior theme.
Priced at Rs 55.7 lakh (ex-showroom), the new IONIQ 5 positions itself as a more rounded offering, less about futuristic promise, and more about making electric mobility fit seamlessly into everyday life.
