Business – Page 87 – THE ECONOMIC INDIA

13 May

HOAC Foods Reports Strong H2 & FY26 Performance; FY26 Total Income Up 90% and PAT Rises 77%

BusinessBusiness

Gurugram (Haryana) [India], May 13: HOAC Foods India Limited (NSE: HOACFOODS), a fast-growing FMCG company offering high-quality flour, spices, pulses & mustard oil under its flagship brand Hariom Atta & Spices, announced its Audited Financial Results for H2 FY26 and Financial Year ended March 31, 2026. Key Financial Highlights (Consolidated) ParticularsH2 FY26YoY GrowthTotal Revenue₹ 2,865.17 Lakhs↑ 84.29%EBITDA₹ 399.83 Lakhs↑ 51.57%Net Profit₹ 245.63 Lakhs↑ 66.20%EBITDA Margin 13.95%Net Profit Margin 8.57% ParticularsFY26YoY GrowthTotal Revenue₹ 5,049.15 Lakhs↑ 89.53%EBITDA₹ 731.10 Lakhs↑ 71.91%Net Profit₹ 440.70 Lakhs↑ 77.44%EBITDA Margin 14.48%Net Profit Margin 8.73% Management Commentary Mr. Rambabu…

13 May

HOAC Foods Reports Strong H2 & FY26 Performance; FY26 Total Income Up 90% and PAT Rises 77%

Shruti JoshiBusiness

Gurugram (Haryana) [India], May 13: HOAC Foods India Limited (NSE: HOACFOODS), a fast-growing FMCG company offering high-quality flour, spices, pulses & mustard oil under its flagship brand Hariom Atta & Spices, announced its Audited Financial Results for H2 FY26 and Financial Year ended March 31, 2026. Key Financial Highlights (Consolidated) ParticularsH2 FY26YoY GrowthTotal Revenue₹ 2,865.17 Lakhs↑ 84.29%EBITDA₹ 399.83 Lakhs↑ 51.57%Net Profit₹ 245.63 Lakhs↑ 66.20%EBITDA Margin 13.95%Net Profit Margin 8.57% ParticularsFY26YoY GrowthTotal Revenue₹ 5,049.15 Lakhs↑ 89.53%EBITDA₹ 731.10 Lakhs↑ 71.91%Net Profit₹ 440.70 Lakhs↑ 77.44%EBITDA Margin 14.48%Net Profit Margin 8.73% Management Commentary Mr. Rambabu…

13 May

From Surat’s Streets to Western India’s Retail Spotlight, Bhatia Mobile’s Expansion Is Redefining How India Buys Smartphones

BusinessBusiness

A rapid rollout across Gujarat, Maharashtra, and Madhya Pradesh reflects more than growth — it signals a company betting on accessibility, customer trust, and the next wave of India’s mobile economy. Surat (Gujarat) [India], May 13: From a Small Family-Run Beginning in Surat to One of Western India’s Fastest-Growing Mobile Retail Chains, Bhatia Mobile’s Latest Expansion Reflects Ambition, Timing, and a Deep Understanding of How India Buys Technology India’s mobile retail market is no longer growing quietly. Across cities, towns, and fast-developing regions, smartphones have become central to everyday life — powering communication, business, entertainment, education, and commerce. “Retail leadership…

12 May

They Lost Everything at 30. Twelve Months Later, They Built a Rs 1 Crore Empire from Scratch

BusinessBusiness

This is not a motivational quote. This is a real story of two people who hit rock bottom, stared at the rubble of their first company, and chose to build a skyscraper on top of it. There is a specific kind of silence that only failed entrepreneurs know. It is not the silence of an empty room; it is the silence of an empty future. No ringing phones. No team chatter. No invoices to chase. Just the hollow echo of a dream that stopped breathing. Sudipta and Priyanka Prajapati know that silence better than most. Twelve months ago, they stood…

12 May

Bright Outdoor Media Limited Achieves Strong FY26 Earnings Growth; EBITDA at Rs 35.23 Cr & Net Profit at Rs 24.05 Cr

BusinessBusiness

Mumbai (Maharashtra) [India], May 12: Bright Outdoor Media Limited (BSE – 543831), a leading name in India’s out-of-home advertising, has announced its Audited Financial Results for H2 FY26 & FY26. Key Financial Highlights: H2 FY26 Key Financial Highlights Total Income of ₹92.12 Cr, YoY growth of 30.83% EBITDA of ₹20.25 Cr, YoY growth of 42.46% EBITDA Margin of 21.98%, YoY growth of 179 Bps ·Net Profit of ₹13.97 Cr, YoY growth of 40.63% Net profit Margin of 15.17%, YoY growth of 106 Bps FY26 Key Financial Highlights Total Income of ₹155.43 Cr, YoY growth of 21.38% EBITDA of ₹35.23 Cr, YoY growth of 28.68% EBITDA Margin of 22.66%,…

12 May

Yazu Goes Global: India’s Most Celebrated Pan-Asian Destination Opens Its First Chapter Abroad in Galle, Sri Lanka

BusinessBusiness

Perched on the beachfront of Radisson Blu Resort Galle, Yazu’s first outpost outside India brings bold Pan-Asian flavours, an innovative beverage programme to Sri Lanka’s southern coast ocean Galle [Sri Lanka], May 12: Yazu, India’s premium Pan-Asian dining and lifestyle destination, today announced the opening of Yazu Galle, its first restaurant outside India at the Radisson Blu Resort Galle, Sri Lanka. Marking a defining milestone in the brand’s journey, Yazu Galle brings together authentic Japanese, Thai, and Cantonese cuisine, a boundary-pushing beverage programme, and an architectural experience unlike anything on the island’s dining landscape. Positioned on the beachfront of one of Sri Lanka’s…

12 May

Nihilent’s Emoscape Secures Patent for Navarasa-Based Emotion Detection Framework

BusinessBusiness

Pune (Maharashtra) [India], May 12: In a development that marks a meaningful step in the understanding of human emotions, Nihilent Ltd has secured a patent for its emotion detection framework from the South African Patent Office, marking a pivotal step in transforming how human emotions are understood, interpreted, and measured. Patent recognition validates a structured, measurable approach to understanding human emotions Emoscape’s innovation bridges ancient Indian wisdom and modern AI-driven emotional analytics The patented framework represents an integrated approach to understanding human emotions, combining foundational principles drawn from the Natyashastra’s Navarasa with extensive research, clinical insights, and proprietary AI and…

12 May

Sparx launches the unique Shoe-Style Sandals Under ‘Summer Swag’ Campaign

BusinessBusiness

New Delhi [India], May 12: Sparx, one of India’s most popular athleisure footwear brands among youth, has unveiled its Spring-Summer collection with a strong focus on style and attitude, leading with its Shoe-Style Sandals under the Summer Swag campaign. Designed for today’s fast-moving lifestyle, the Shoe-Style Sandals reflect a shift in how young consumers approach footwear, seeking options that are not just functional, but also expressive. With Summer Swag, Sparx brings a more confident, effortless style language to the forefront, encouraging consumers to own their look with ease. Flexibility is a key part of the construction. The build allows natural…

12 May

The 5 Things That Make a Neighbourhood Worth Living In — and How to Spot Them

BusinessBusiness

Alembic City; curated green zones woven into the residential fabric, kind of thoughtful design Vadodara (Gujarat) [India], May 12: Choosing where to live is one of the most significant decisions you will ever make. The apartment size and floor plan matter, of course. But what truly shapes your daily quality of life is the neighbourhood around your front door. A well-chosen neighbourhood can turn a good home into a great life. So how do you assess a neighbourhood before committing? Here are five defining qualities that separate a truly liveable area from one that merely looks good on a map.…

12 May

Iris Clothings (IRISDOREME) Reports Stellar Performance in Q4FY26 Result Revenue Growth of 50%, and Net Profit Jumps by 44%

BusinessBusiness

Howrah (West Bengal) [India], May 12: Iris Clothings Limited (NSE: IRISDOREME), a readymade garment company engaged in designing, manufacturing, branding, and selling garments for kids wear, announced its financial results for the fourth quarter and full year ended March 31, 2026. FY26 Key Financial Highlights Total Income of ₹1,909 Mn, YoY growth of 30.5% EBITDA of ₹294 Mn, YoY growth of 4.0% EBITDA Margin stood at 15.4% PAT of ₹162 Mn, YoY growth of 23.4% PAT Margin stood at 8.5% Q4 FY26 Key Financial Highlights Total Income of ₹605 Mn, YoY growth of 50.4% EBITDA of ₹110 Mn, YoY growth of 34.1% EBITDA Margin stood at…