Business - The Purbottar

16 May

JSW Energy net profit rises 16 percent to ₹408 crore in Q4

editorBusiness, News

JSW Energy on Thursday reported that its consolidated net profit in the March quarter rose 16 percent to ₹408 crore from a year ago, aided by the KSK Mahanadi thermal project and organic wind capacity addition. "Profit after tax grew 16 percent year-on-year, from ₹351 crore in Q4 FY24 (January-March 2024) to ₹408 crore in Q4 FY25, while cash PAT (profit after tax or net profit) grew 8 percent year-on-year, from ₹686 crore in Q4 FY24 to ₹744 crore in Q4 FY25," a company statement said. During the reporting quarter, total revenue grew 21% to ₹3,497 crore from ₹2,879 crore,…

15 May

UTI Flexi Cap Fund: A long-term strategy for wealth creation

Business BureauBusiness

As investors seek to build long-term wealth, setting realistic financial goals is key. For those looking for consistency and growth in their portfolio, the UTI Flexi Cap Fund offers a robust investment option. Launched in 1992, the fund has a long track record of steady performance and is well-suited for investors with a moderate risk profile aiming to meet long-term financial goals. The UTI Flexi Cap Fund invests a significant portion (at least 65%) of its corpus in equities across different market capitalizations, including large-cap, mid-cap, and small-cap stocks. The fund’s philosophy revolves around three key pillars: Quality, Growth, and…

15 May

Shraddha Kapoor joins Eureka Forbes as brand ambassador for smartclean vacuum range

Business BureauBusiness

Eureka Forbes Ltd, a pioneer in the health and hygiene sector, has announced Bollywood actress Shraddha Kapoor as the brand ambassador for its iconic vacuum cleaner range. This strategic alliance underscores the company’s mission to promote smarter, cleaner, and healthier living in Indian households. With over 40 years of leadership in home cleaning solutions, Eureka Forbes continues to revolutionize domestic hygiene. The latest Forbes SmartClean Robotic Vacuum Cleaners, powered by AI and advanced LiDAR technology, offer an efficient blend of powerful suction and wet mopping, making home cleaning both smart and seamless. Talking about her association with Eureka Forbes, Shraddha…

15 May

Truecaller launches AI-powered message IDs to tackle SMS clutter across India

Business BureauBusiness

Truecaller has introduced a major update in digital communication with the launch of its AI-powered Message IDs, now available in India and 30 other countries. This new feature uses advanced artificial intelligence and Large Language Models (LLMs) to identify and summarize critical SMS messages—such as OTPs, bank alerts, delivery updates, and flight itineraries—while ensuring users’ data stays on their device. With real-time notifications and instant message categorization, users no longer need to sift through spam or worry about missing important texts. The tool is language-inclusive, working seamlessly with regional languages like Hindi as well as global tongues such as Swahili…

15 May

Tally Solutions launches TallyPrime 6.0 to revolutionize SME financial operations

Business BureauBusiness

Tally Solutions Pvt Ltd, a leader in business automation software, has unveiled TallyPrime 6.0, an innovative update that integrates connected banking for small and medium enterprises (SMEs). This new release simplifies financial operations by seamlessly connecting banking services with business management tools, ensuring real-time bank reconciliations and enhanced decision-making. TallyPrime 6.0 integrates live bank balances and transaction updates directly into the platform through partnerships with Axis Bank and Kotak Mahindra Bank, allowing businesses to manage their accounts efficiently. "Our mission has always been to help SMEs grow by reducing operational complexities," said Mr. Tejas Goenka, Managing Director of Tally Solutions.…

15 May

TCI’s fourth quarter profit rose 11.4% to Rs 115.1 crore

editorBusiness, News

Mumbai, May 15 Multi-modal logistics operator Transport Corporation of India (TCI) on Wednesday reported its profit after tax for the March 2025 quarter stood at Rs 115.1 crore, up 11.4 percent over the same quarter last year.The company had reported a PAT (profit after tax) of Rs 103.3 crore in the fourth quarter of FY 2024.Consolidated revenue for the period under review grew 9.3 percent to Rs 1,197.2 crore from Rs 1,095.4 crore in the January-March period of FY 2023-24, TCI said in a statement.The company's earnings before interest, tax, depreciation and amortization (EBITDA) stood at Rs 140.1 crore as…

14 May

Sattva Sukun Lifecare Q4 profit soars 74.5%, launches Rs 48 cr rights issue to fuel growth

Business BureauBusiness

Sattva Sukun Lifecare Limited, a leading aroma and home décor manufacturer, reported a sharp 74.5% rise in net profit for Q4-FY25, reaching ₹84.22 lakh, up from ₹48.19 lakh in the same quarter last year. Revenue from operations grew 6% year-on-year to ₹105.16 lakh. For the full financial year ended March 31, 2025, the company posted a 108.9% jump in net profit at ₹248.94 lakh, while annual revenue surged 48.1% to ₹526.30 lakh. Managing Director MIT Tarunkumar Brahmbhatt attributed the success to innovation-led product development and strategic investments in manufacturing capabilities. In a significant capital move, the company unveiled a ₹48…

14 May

NSDC International to train 1 lakh caregivers for global healthcare roles

Business BureauBusiness

NSDC International, a wholly-owned subsidiary of the National Skill Development Corporation (NSDC), has set an ambitious goal to train one lakh caregivers to meet the growing global demand in the healthcare sector. With the shortage of healthcare professionals impacting service delivery worldwide, NSDC International is addressing the gap by equipping Indian youth with specialised healthcare, soft skills, and language training. So far, thousands of skilled Indian caregivers have been placed in countries such as Germany, Japan, the UK, and Israel, with recent recruitment by major Japanese and German firms offering attractive salaries—testament to the quality of training provided. The organisation…

14 May

Godrej Consumer bets on future-facing segments to drive growth

Business BureauBusiness

Godrej Consumer Products Ltd (GCPL) is shifting gears with a sharper focus on high-growth emerging categories including pet care, body wash, liquid detergents, deodorants, air fresheners, and sexual wellness. With expectations of demand revival over the next 12–18 months, GCPL is banking on easing food inflation, potential income tax relief, and upcoming pay commission hikes to fuel consumer spending. “Our optimism is backed by improving macroeconomic indicators,” said Sudhir Sitapati, MD & CEO, GCPL. Despite rising palm oil costs, which impacted EBITDA margins, the company only passed on 15–16% of the burden to consumers, calling it a short-term disruption. GCPL…

14 May

Godrej Professional unveils surreal collection in Guwahati, upskills 200+ hairstylists

Business BureauBusiness

In a major boost to the professional haircare sector in Assam, Godrej Professional trained over 200 hairstylists in Guwahati through an immersive event showcasing its new Surreal Collection and Strait Smooth range. The event culminated in a glamorous hair show graced by Assamese actress Barsha Rani Bishaya, who sported one of the collection’s signature looks on the ramp. The Surreal Collection—India’s first hair colour range inspired by natural wonders—features four vivid looks powered by Colour Play and Dimension technologies. Co-curated by top global stylists, it promises vibrant, ammonia-free shades enriched with keratin and hyaluronic acid. Speaking at the event, Abhinav…