Archives May 2025

Mumbai, 15^th May, 2025: Piramal Realty, the real estate arm of the Piramal Group, proudly announces a significant milestone for its residential development in Mulund – Piramal Revanta. The project has achieved remarkable sales with over 1 Mn sq. ft. of residential real estate sold, firmly establishing itself as a benchmark for aspirational living in Mumbai’s Eastern Suburbs. Furthermore, the recently launched Tower 5 – Raynav witnessed a phenomenal response with over 50% of its inventory sold in just a few months, reflecting strong buyer confidence and sustained demand. Notably, Piramal Revanta continues to attract interest from the global Indian diaspora, with 15% of the units sold to NRI homebuyers.

As of April 2025, Towers 1, 2 and 3 have been delivered and over 600 families have been handed over their dream homes, reinforcing Piramal Realty’s commitment to timely construction and delivery. Keeping the momentum, Tower 4 is soon slated for handover.

Tower 5 – Raynav stands tall at 37 storeys, within a 3-acre private paradise (also known as Vana) which is part of an extensive 12-acre ecosystem at Piramal Revanta. It offers a range of spacious 2BHKs to 3BHKs + Study residences with decks. Raynav launched with a successful gross revenue of over ~350 Cr. This momentum was driven by the popularity of unique offerings such as the Lumina Collection and the Park Grove residences — a limited curated selection of premium residences featuring larger configurations, garden views, and private decks that cater to evolving family lifestyles.

“The strategic investments we have made over the years to transform Mulund into a premium residential destination are paying dividends. Piramal Revanta has emerged as a benchmark for elevated living in this micro-market, driven by its strategic location, design-led approach, expansive biophilia, and timely delivery. We are redefining low-density living in Mulund, ensuring that our residents experience not just spacious homes, but also an abundance of greenery and recreational spaces. The overwhelming response to the launch of Tower 5 has strengthened our confidence in maintaining this momentum and this success further strengthens our resolve as we prepare to launch the last tower at Piramal Revanta.” said, Mr. Abhijeet Maheshwari, CEO of Piramal Realty.

 Offering unmatched connectivity, Piramal Revanta rests comfortably at the intersection of Lal Bahadur Shastri (LBS) Marg and the upcoming Goregaon-Mulund Link Road (GMLR). Its residents enjoy sprawling views of ~25,000 acres of the Sanjay Gandhi National Park (SGNP)—a rare offering in the city’s dense urban fabric.

 A standout feature of the development is Club Rasa — an opulent lifestyle and wellness clubhouse spanning ~20,000 sq. ft., which has already been delivered. A second clubhouse, spanning ~10,000 sq. ft., is under construction and is set to further elevate community living experience. Piramal Revanta redefines urban wellness with low-density planning, over 5.5 acres of amenities, 30% green spaces, and a focus on biophilic design in a city often lacking open spaces.

Mumbai, 15th May 2025: Samarpan, India’s premier residential rehabilitation center is proud to announce that it has received a Three-Year Accreditation from the Commission on Accreditation of Rehabilitation Facilities (CARF) International for its Residential Program for Substance Use Disorders/Addictions (Adults). With this recognition, Samarpan becomes the first and only residential program in India and the second in entire Asia to earn this globally respected accreditation.

What makes this achievement especially significant is that Samarpan has reached this milestone in just three years since its inception, an extraordinary feat in an industry where CARF accreditation typically takes much longer to secure. The Three-Year Accreditation is CARF’s highest level of recognition and is only awarded to programs that demonstrate full conformance to over 1,500 rigorous international standards related to quality, safety, and outcomes.

Located in a serene, private estate near Pune, Samarpan is India’s premier residential rehabilitation center for adults dealing with substance use, addiction, and co-occurring mental health disorders. The center offers evidence-based, individualized care in a discreet, world-class facility that blends the comforts of a boutique retreat with the clinical sophistication of a global treatment provider. Samarpan’s model combines compassion, privacy, and professionalism, making it a preferred choice for discerning clients in India and abroad.

“Obtaining this accreditation places Samarpan among a global league of elite treatment providers,” said Martin Peters, Chief Operating Officer. “It reflects our unwavering commitment to clinical and ethical excellence and provides assurance to those seeking or referring to our services that we operate at internationally recognized standards. We’ve been working toward this since Samarpan’s inception. While this is a milestone, it also marks the beginning of continuous improvement.”

The accreditation journey has strengthened systems across the organization and reaffirmed Samarpan’s dedication to client outcomes and global best practices. The team now looks ahead to pursuing CARF accreditation for its growing Outpatient Services, powered by an expanding team of credentialed clinicians.

Obi Unaka, Chief Clinical Officer, added: “This achievement is a testament to the dedication, compassion, and professionalism of our entire team. We thank our staff, clients, and stakeholders who made this possible. Together, we are raising the bar for behavioral health and recovery in India.”

CARF International is a globally recognized accreditor for health and human services, including behavioral health, rehabilitation, and addiction treatment. Their endorsement is considered the gold standard in the field and reflects an organization’s commitment to continuous quality improvement.

India, May 15^th, 2025: Marriott International, Inc. today announced the signing agreement with Grey Group to introduce the JW Marriott brand to Ludhiana — often referred to as India’s “Manchester” for its vibrant textile and manufacturing industries and dynamic entrepreneurial spirit. Designed to embody the brand’s signature emphasis on mindfulness, exceptional service, and sophisticated design, JW Marriott Ludhiana will be part of a mixed-use development featuring retail and residential spaces. The hotel is expected to open in January 2029.

On the signing occasion, Ranju Alex, Regional Vice President – South Asia, Marriott International commented, “The signing of JW Marriott Ludhiana marks a bold step in redefining the luxury hospitality landscape of the city. Ludhiana’s market is at the pinnacle of transformation, and the arrival of JW Marriott — with its exceptional brand promise, world-class design, and commitment to excellence — will not only fill a long-standing gap in the city’s luxury segment but will also set a new benchmark for its evolving hospitality scene”. She added, “We are confident that this hotel will become the preferred destination for discerning travelers and a catalyst for Ludhiana’s growing stature as a business and social hub. This signing is a strong testament to Marriott International’s strategic focus, tapping into the potential of high-growth markets across India.”

“It gives us immense pride to collaborate with Marriott International to introduce the globally renowned JW Marriott brand to our city,” said Inder Raj Singh, Owner, Grey Group. “This project is more than just a development for us – it is a significant step to reshape Ludhiana’s urban and hospitality landscape while reinforcing our ambitions across residential and commercial real estate. JW Marriott Ludhiana will stand as a landmark of luxury and excellence, and we are excited to contribute to the city’s growth story as it emerges onto the national stage.”

Ludhiana is one of Punjab’s most prominent and rapidly developing cities, recognized as a major hub for industry, trade, agriculture, and logistics. Strategically located, Ludhiana also acts as a commercial confluence for nearby towns like Patiala and Bhatinda and enjoys excellent connectivity to key regional cities, including Delhi and Amritsar. The city’s economic prospects are set to strengthen further with the opening of a new airport at Halwara. The hotel is a 30-minute drive from the Ludhiana Railway Station and 2.5-hour drive from Shaheed Bhagat Singh International Airport, and a 10 –to 15-minute drive to the city centre.

Anticipated to feature 160 elegantly designed rooms and suites, JW Marriott Ludhiana is slated to offer an elevated luxury experience, with diverse dining options across multiple venues including an all-day dining restaurant, a specialty dining venue, a Lobby Lounge and Pool Bar, alongside the JW Market, featuring a delightful patisserie serving freshly baked treats and expertly brewed coffees. Inviting guests to fully embrace mindfulness, design plans for the hotel also include multiple tranquil wellness spaces, such as the brand’s signature JW Garden.

Additional leisure and recreation facilities are expected to include the brand’s signature Spa by JW, a fitness centre, and a swimming pool. The hotel also plans to feature 1,500 square meters of versatile banqueting space, including an expansive outdoor lawn, perfect for both large-scale and intimate gatherings, as well as social and corporate events.

Scorching summer heat got you craving something refreshing? As the temperature rises, there’s nothing quite like a chilled drink to cool you down and keep you feeling refreshed. And what better than the king of fruits, mango? Good news is, we’ve gathered some of the best summer mango drinks from ‘The Tastes of India Podcast’ on Audible that you can whip up to beat the heat. These are not only easy to make but also packed with delicious flavours – a great way to stay hydrated while enjoying the season. 

Want more? Tune into the podcast for step-by-step guidance and more drink ideas to keep your summer breezy and delightful!

Raw Mango Sattu Drink

Ingredients:

1. Roasted chana: 200 gm
2. Roasted cumin powder: 1 tsp
3. Black salt: 1 tsp (or to taste)
4. Onion: 2 tsp, chopped
5. Green chilli: 1 tsp, chopped
6. Raw mango: 5 tsp, chopped
7. Cold water: 1/2 litre
8. Lemon: 1 large, juiced

Method:

• Start by placing the roasted chana into a mixer grinder and blend it until it forms a fine powder.
• In a bowl, combine the freshly ground sattu powder with roasted cumin powder, black salt, chopped onion, chopped green chilli, chopped raw mango, cold water, and the freshly squeezed lemon juice.
• Stir everything together until well-mixed, and your refreshing sattu drink is ready to serve! Enjoy!

Mango Mastani 

Ingredients:

1. Ripe Mango: 2 cups, peeled and cubed
2. Full Fat Milk: 1 cup, chilled
3. Vanilla Ice Cream: 4 scoops
4. Mango: 8 tbsp, chopped (or as needed)
5. Almonds: 2 tsp, chopped
6. Pistachios: 2 tsp, chopped
7. Tutti Frutti: 2 tsp, optional
8. Glazed Cherries: 2, optional

Method:

• In a blender, combine mango cubes and milk. Blend until smooth. Set aside.
• Take a tall glass or pitcher. Layer the glass with 2 tbsp chopped mango, 1/4 cup mango shake, and 1 scoop vanilla ice cream.
• Add another 2 tbsp chopped mango, pour in 1/4 cup more mango shake, and top with the second scoop of vanilla ice cream.
• For the finishing touch, sprinkle chopped pistachios and almonds on top.
• Garnish with tutti frutti, extra mango cubes, and glazed cherries as desired. Serve immediately and enjoy!

Aam ka Panna 

Ingredients:

1. Raw Mango: 2
2. Roasted Cumin Powder: 1 tsp, or to taste
3. Black Salt: 1 tsp, or to taste
4. Salt: to taste
5. Water: 4 cups
6. Sugar: 3–4 tbsp, or to taste (optional, based on mango tartness)
7. Mint Leaves: a handful, fresh
8. Ice Cubes: as required

Method:

• Rinse the raw mangoes and wipe them dry with a clean cloth.
• On a gas stovetop, place a roti or papad rack and set the mangoes on top.
• Turn the mangoes at regular intervals to ensure they roast evenly. The peels should become charred.
• Once roasted, slide a knife along one of the sides of the mangoes. If the knife slides easily without resistance, it’s done!
• Let the mangoes cool to room temperature. Alternatively, you can soak them in water for a few minutes to speed up the cooling process.
• Peel the burnt skin off the mangoes once they’ve cooled. Scrape the cooked mango pulp into a bowl using a sharp-edged spoon or knife.
• Add the roasted cumin powder, black salt, regular salt, and mix well.
• Add 4 cups of water and stir everything together. Adjust the water to your preferred consistency. If you like your aam ka panna thick, reduce the water quantity.
• Crush a few mint leaves in a mortar and pestle and add them to the aam panna. Stir to infuse the mint flavour.
• Now you have two types of aam panna – one plain and one with mint!
• Add ice cubes to the aam panna for that perfect chill. Serve immediately, best enjoyed cold!

By Himalayan Siddhaa Akshar Author, Columnist, Founder: Akshar Yoga Kendraa

A natural emotional response to stress is anxiety, but when it becomes chronic, it can interfere with daily life. It affects both mind and body. Yoga can be phenomenally effective for managing anxiety by calming the mind, reducing stress hormones and promoting relaxation. In modern world, the root cause of restlessness stems from digital overload, social and work pressures, poor sleep, sedentary lifestyles, processed food, and suppressed emotions. Simple asanas can help you calm your mind.

Here are some gentle poses which can naturally rest your thoughts

Balasana (Extended Baby Pose)

This is a resting pose,the regulated breathing restores a state of calm.

Formation of the posture

• Kneel down on mat and sit on your heels.
• Inhale and raise arms above head
• Exhale and place your forehead on the floor
• Pelvis should rest on heels
• Ensure that your back is not hunched.

Adhomukhisvanasana (Downward facing dog pose)

It reduces anxiety and depression.

Formation of the posture

• Begin with Padhasthasana, move feet backwards, lift the hips up, straighten your head and elbows and form an inverted ‘V’.
• Try to push your heels to the floor. Hold position for 5 secs and keep your eyes focused on your big toes.
• Exhale as you enter into this posture, inhale as you release from it.

Paschimottanasna (Seated forward bend)

It acts as a stress reliever

Formation of the posture

• Begin with Dandasana
• Extend your arms upward and keep your spine erect.
• Exhale and empty your stomach of air, bend forward and bend your upper body on your lower body.
• Try to touch your knees with your nose.
• Hold the asanas for 5 secs.

Siddhohum Kriya

This practice gives power to your mind and makes it strong. It builds such an energy in you that no matter what kind of time you are facing you get out of it. This process teaches you about your capacity. There are 5 simple steps.

Technique

• Samasthithi- we first form a state which is a balanced state where we become neutral. Stand straight with hands by your side.
• Pranam -Offer pranam to both the visible and invisible energies. Calmly stay in the state. Observe the inflow and outflow of breath as you stay still and calm.
• Prayer- Raise your hands towards the sky. This is the state of invocation. The universal energies should listen to what’s on your mind.
• Receiving- In this state both your hands are out. You either keep your eyes open or closed. You are standing still with your hands extended forward.
• Gratitude- Now keep both your hands on your chest This is the state of gratitude. from this state come back to the balanced state

Hence, one should incorporate yoga into daily practice. It offers both immediate relief and long-term benefits. It is a natural approach to anxiety management,regular practice enhances emotional strength. Even for just a few minutes can make a meaningful difference in managing anxiety and enhancing overall quality of life.

MUMBAI, India— May 15, 2025— IMDb, the world’s most popular and authoritative source for information on movies, TV shows, and celebrities, presented an IMDb “Breakout Star” STARmeter Award to Khauf star Monika Panwar. The award recognizes strong performers on the Popular Indian Celebrities list published every Monday on the IMDb app. The list charts the page views of the more than 250 million monthly visitors to IMDb worldwide, and has proven to be a keenly accurate predictor of stars who are about to have a breakthrough career moment.

Monika Panwar

Panwar stars in the horror web series Khauf, streaming on Prime Video, where she essays the role of Madhu, a young woman who moves to Delhi from her hometown in Gwalior. The series has received critical acclaim and has been praised by fans for its gripping narrative and impactful performances, receiving a rating of 7.5/10 by IMDb customers. Following the show’s success, Panwar has ranked in the top 10 of Popular Indian Celebrities list twice, including reaching the No. 2 spot two weeks ago. Panwar’s earlier credits include Jamtara: Sabka Number Ayega, Choona, and Gaanth: Chapter One: Jamnaa Paar.

“I am a big, big fan of IMDb,” shared Monika Panwar. “For me, cinema and IMDb have always gone hand in hand. So, this is a very special award, and my first as an actor. I believe the most important thing is when your work reaches people and they resonate with it. Since this award is fan-driven, I’m so glad they felt connected with my character in Khauf and have given so much love to our show. I’m very grateful for this.”

View the award presentation video here. IMDb customers can also add films and shows from Panwar’s filmography and other titles to their IMDb Watchlist at imdb.com/watchlist.

Previous IMDb “Breakout Star” STARmeter Award recipients include Zahan Kapoor, Kani Kusruti, Sharvari, Nitanshi Goel, Bhuvan Arora, Adarsh Gourav, Ashley Park, Ayo Edebiri, and Regé-Jean Page. Learn more about the IMDb STARmeter Awards at imdb.com/starmeterawards.

Ekya Schools and CMR NPS have announced outstanding results in the CBSE 2025 examinations for Grades 10th and 12th, achieving a remarkable 100% pass rate across all campuses.

 At Ekya ITPL, 56 Grade 10 students appeared, with 23 scoring above 90% and four scoring centums. Sharika Sreejith led with 97.8%, followed by Aarush Deshpande (97.2%) and Anushka G (96.2%).

Among 118 Grade 12 students at Ekya ITPL, 18 scored above 90% and six earned centums. Stream toppers included Tanisyaa Satishkumar in Humanities (96.6%), Gokul Adarsh JR in Science (95.4%), and Srimaanya Ranganathan Sharma in Commerce (93.6%).

At Ekya BTM, all 23 Grade 10 students passed with distinction, led by Ayaan Rajeev Gopalakrishna with 94.4%. Grade 12 students continued the strong performance, with Anjali Vishwanath topping Science at 97%, Lara Ruth Pinto leading Commerce at 90.4%, and Mahashree Gautom excelling in Humanities with 89.2%.

CMR NPS also reported impressive outcomes. In Grade 10, 24 students scored above 90%, including three centum scores, with top performers Punam Ajit Shenvi (97.4%) and Ridhi Narendra (96.4%). 

All 161 Grade 12 students passed, with six securing perfect scores and 29 earning distinctions. Leading the streams were Sri Harini Ravichandar (Science – 97.2%), Ritwik Pattanayak (97%), Anandita Balachander (Commerce – 94%), and Sreelakshmi Naveen (Humanities – 98.6%).

These results reflect the schools’ continued commitment to academic excellence.

Bangalore India – May 15, 2025 — New Relic, the Intelligent Observability company, announced the appointment of Manivannan Govindan as Senior Director of Enterprise Sales, Asia. Govindan brings 25+ years of monitoring and observability sales experience to the role, where he has driven significant value at several organisations including Cisco, Amazon, and CA Technologies. 

Manivannan Govindan 

Based in Singapore, Govindan will join a dynamic and highly experienced regional leadership team. This includes Senior Vice President of Asia Pacific and Japan Simon Lee, Group Vice President of Customer Adoption Rob Newell, recently appointed Senior Director of Enterprise Sales for Australia and New Zealand Denis Maguire, as well as other key senior leaders driving strategic growth and customer success across the region.

“Asia is a very promising market for New Relic. There is tremendous growth potential across traditional enterprises looking to modernise, as well as digital natives requiring scale and agility,” said New Relic Senior Vice President of Asia Pacific and Japan, Simon Lee. “With extensive experience in the Asian observability market, I couldn’t be more excited to have Manivannan join the team and take our Asian business to new heights, while delivering real value for our customers.”

Businesses in the Asia Pacific region are turning to observability tools to improve operations, reduce cloud spending, and deliver better customer experiences. According to Gartner, worldwide end-user spending on public cloud services is forecast to total $723.4 billion in 2025, up from $595.7 billion in 2024. Gartner also predicts that 90% of organisations will adopt a hybrid cloud strategy by 2027, presenting a challenge in synchronising data across hybrid cloud environments. The New Relic Intelligent Observability Platform enables businesses to optimise operations by addressing rising cloud costs and tool proliferation, while improving customer experiences.

“Customers in Asia are rapidly driving digital transformation and adopting multi-cloud and containerised applications, while retaining complex backends in hybrid architectures,” said New Relic Senior Director of Enterprise Sales Asia, Manivannan Govindan. “New Relic is uniquely positioned to help Asian enterprises achieve visibility across their entire IT estates, ultimately helping them reduce complexity while ensuring the availability and performance of their digital services. I couldn’t be more excited to join the team and help demonstrate the power of the New Relic Intelligent Observability Platform.”

Govindan’s appointment comes after a series of innovations and enhancements. This includes New Relic’s reimagined Partner Program, which has been designed to fuel business growth for its partner ecosystem with stronger incentives for partners, as well as new and simplified certifications and enhanced training. In addition, 20+ innovations and integrations that leverage AI-strengthened intelligence and insights to drive business uptime were recently announced across the New Relic Intelligent Observability Platform.

Kolkata, 15th May 2025: Dollar Industries Limited, one of the most trusted names in the Garment & Hosiery business, announced its Q4 FY25 & FY25 result today. The Board of Directors of Dollar Industries Limited at its meeting held on 14th May 2025 took on record the Audited Financial Results for the Financial Year 2024-25. Dollar Industries have a robust domestic and international presence spreading over more than 15 countries.

Commenting on the results, Mr. Vinod Kumar Gupta and Mr. Binay Kumar Gupta, Managing Directors, Dollar Industries Limited said:

“We are pleased to share our financial performance for the fourth quarter and the full year of FY25. Our Total Income for Q4 FY25 rose by 9.7% YoY and 44.0% QoQ to ₹55,091 lacs. For the full year, Total Income increased by 8.8% YoY, reaching ₹1,71,581 lacs. This performance was supported by a YoY volume growth of 10.5% in Q4 FY25 and 4.6% in FY25.

Quarterly Gross Profit grew by 6.8% YoY and 20.6% QoQ to ₹16,340 lacs. For the full year, Gross Profit grew by 12.2% YoY to

₹56,740 lacs. Gross Profit Margin for Q4 FY25 stood at 29.8%, while the full-year margin expanded by 100 basis points YoY to 33.2%.

EBITDA showed strong improvement in the financial year gone by, increasing by 15.3% YoY to ₹18,802 Lacs. The EBITDA margin stood at 11.0% in FY25.

Profit After Tax for the year stood at ₹9,104 lacs with a PAT Margin of 5.3%.

We are pleased to announce that the Board has recommended a final dividend of ₹3 per share, resulting in a dividend payout of 18.7%, subject to shareholder approval.

One of the standout achievements of the year was the remarkable performance of our modern trade and e-commerce channels, which recorded a YoY revenue growth of 86.8% in Q4 FY25 and 62.8% for the full year, contributing 8.2% to the total operating revenue. Dollar Protect, our rain guard segment, saw significant traction with a 47.4% YoY value growth and 40.3% YoY volume growth, accounting for 2.0% of total operating revenue in FY25. Additionally, Force NXT portfolio grew by 13.6% YoY in value and 13.4% in volume.

These results underscore the success of our strategic initiatives to enhance the contribution from high-margin products. Additionally, we have made significant inroads into new-age distribution channels, leading to increased contributions from modern trade and e-commerce. The company continues to focus on these growth initiatives to drive growth and profitability in the forthcoming years.”

“Milestones Achieved in Q4 FY25”

• Total income of ₹ 55,091 Lacs in Q4 FY25, registering a growth of 9.7% YoY and 44.0% QoQ
• Gross Profit of ₹ 16,340 Lacs in Q4 FY25 with a margin of 29.8%
• EBITDA of ₹ 5,831 Lacs in Q4 FY25 with a margin of 10.6%
• PAT of ₹ 2,925 Lacs in Q4 FY25 with a margin of 5.3%
• EPS stood at ₹ 5.16 in Q4 FY25

“Milestones Achieved in FY25”

• Total income of ₹ 1,71,581 Lacs in FY25, registering a growth of 8.8% YoY
• Gross Profit of ₹ 56,740 Lacs in FY25, registering a growth of 12.2% YoY. Gross Margin was at 33.2%, expanding 100 basis points YoY
• EBITDA of ₹ 18,802 Lacs in FY25, growing 15.3% YoY. EBITDA Margin was at 11.0%, expanding to 61 basis points YoY
• PAT of ₹ 9,104 Lacs in FY25 with a margin of 5.3%
• EPS stood at ₹ 16.05 in FY25 as against ₹ 15.90 in FY24

Pune, India — May 15, 2025: Kirloskar Oil Engines Limited (KOEL),a leader in the manufacturing of internal combustion engines, agricultural equipment, and generator sets with a sizable presence in international markets, announced today its audited financial results for the fourth quarter and the financial year ending March 31, 2025.

Commenting on the results, Gauri Kirloskar, Managing Director, Kirloskar Oil Engines, said ’We are pleased to report a strong quarter and a strong close to the fiscal year. At Q4, we have delivered revenues of Rs 1,401 Crores, that is the highest ever quarterly sales for KOEL while maintaining a healthy margin of 12.1%. Despite the demand correction post the pre-buy and the CPCB4+ transition, our topline for the year grew by 6% to 5,073 Crores, which is our highest ever sales figure. Our margins grew by 111 bps over the previous year. Both the B2B and the B2C side of the business grew, delivering on both topline and margin expectations.

This quarter marks the end of our 2x3y journey. At the beginning of FY 22, we had announced an ambitious plan to grow the company 2 times in 3 years, our 2x3y goal. Against this aspiration that we set out for ourselves, our topline grew 1.6x, our EBITDA grew 2.4x and our Cash from Operations grew 2.6x. We had immense learnings from the last 3 years, not everything went as per our plans, but our teams showed great agility and resilience to deliver great results consistently over 3 years. I am very proud of what we achieved as a team in these 3 years, and this performance gives me confidence as we embark on our next phase of growth, the 2B2B strategy, ie to grow the company to a 2 Billion Dollar organization in the next 5 years.”

The Board of Directors proposed a total dividend of 325% for the fiscal year. This includes a final dividend of 200%, which is Rs. 4.00 per share subject to shareholders’ approval, in addition to the interim dividend of 125% i.e., Rs. 2.50 per share.

Review of Q4 FY 25 Financial Performance (Standalone):

• Net sales at INR 1,401 Cr for Q4 FY 25 vs INR 1,378 Cr for Q4 FY 24; 2% increase Y-o-Y, 21% increase Q-o-Q
• EBITDA° at INR 171 Cr for Q4 FY 25 vs INR 179 Cr for Q4 FY 24; 5% decrease Y-o-Y, 45% increase Q-o-Q
• EBITDA° margin at 12.1% for Q4 FY 25 vs 12.8% for Q4 FY 24
• Net profit° at INR 106 Cr for Q4 FY 25 vs INR 118 Cr for Q4 FY 24; 10% decrease Y-o-Y, 62% increase Q-o-Q
• Cash and cash equivalents (net of debt) * of INR 448 Cr