Procter & Gamble

he FMCG company has reported a 36 percent on-year growth in net profit at Rs 211 crore for the quarter ended September FY24 (Q1 FY24), led by acceleration of volume growth coupled with product price mix and productivity. Revenue from operations increased by 9 percent YoY to Rs 1,138 crore, driven by superior retail execution and an integrated growth strategy.

Colgate Palmolive:

he company received a transfer pricing order of Rs 170 crore from the Income Tax Authority for AY 2021–22. It will make an application before the Dispute Resolution Panel.

Bajaj Hindusthan Sugar

The company has received Rs 1,361 crore in the respective escrow account maintained exclusively for cane price payments for each of its 14 sugar units from Uttar Pradesh Power Corporation. The amount is paid to the cane growers towards the cane payment arrears for the sugar season 2022–23.

PSP Projects

The company bagged work orders worth Rs 200.25 crore in Gujarat. The total order inflow for FY24 amounts to Rs 958.63 crore.

DCM Shriram

The company will set up a sugar plant in Loni, Uttar Pradesh, to increase capacity to 9,400 TCD from 7,300 TCD.

Filatex India

Board-approved expansion project for manufacturing recycling ships with a capacity of 20,000 TPA from polyester and textile waste. The project is to be executed by a company or subsidiary at an estimated cost of Rs 150 crore.

Power Grid Corp:

The company acquired Beawar Dausa Transmission via tariff-based competitive bidding for an aggregate value of nearly Rs 21.37 crore, subject to adjustment.