“This award highlights our relentless focus on innovation and quality in roofing and cladding solutions. At Tata BlueScope Steel, we are committed to staying agile in meeting market demands while also making a meaningful contribution to building sustainable and resilient communities. Through our #ShelterForAll initiative, we are determined to make an impact across the nation by providing durable roofing in regions prone to adverse climates or delivering robust solutions for infrastructure projects like the Pune and Delhi Metro stations, or the Rajiv Gandhi Indoor Stadium in Guwahati. This recognition motivates us to continue advancing solutions that not only meet the evolving infrastructural needs but also positively impact the communities we serve,” said Ms. Priya Rajesh, Chief Marketing Officer, Tata BlueScope Steel.

Sanjay Jain, Sr. Vice President and Business Head, Mahindra Powerol said, “Being recognised as the number one player in India’s genset market reflects our continued focus on innovation, reliability, and meeting customer needs. Our leadership in the Telecom sector, expansion in Retail, and readiness for CPCB4+ norms have all played an important role in this journey. We thank our partners, customers, and teams across India for their continued trust and support. We remain committed to delivering efficient and future-ready power solutions that support India’s progress.”

National, May 27, 2025: Almonds Ai, a channel loyalty, rewards and solutions company has partnered with digital advertising leader Mobavenue to launch ChannelX, a first-of-its-kind solution that empowers brands to reach retailers, distributors, painters, mechanics, and other partners far beyond the limitations of WhatsApp or SMS.  

Most brands today try to engage their dealers, retailers, and influencers like mechanics or painters through WhatsApp, SMS, or mobile app notifications. But many of these messages go unread, and app usage is often limited. This makes it harder for brands to share schemes, promote new launches, or stay top of mind, even though this audience already spends over 4.5 hours a day on OTT, social media, and gaming apps.

With ChannelX, brands can now show ads, schemes, and promotions to their verified channel partners across popular apps like OTT platforms, auto websites, entertainment apps, and even Truecaller, all without compromising user privacy or data security. This unlocks up to 3x higher engagement compared to SMS or app notifications.

“Brands have invested heavily in loyalty programs, but the biggest gap is still visibility — reaching the right partner at the right time. With ChannelX, we’re not just improving communication; we’re unlocking a new layer of influence by meeting channel partners where their attention already is,” Abhinav Jain & Apurv Modi, Co-founders of Almonds Ai, jointly said.

“Channel marketing has stayed offline for too long while digital has transformed everything else. ChannelX is built to bridge that gap — bringing the power of digital targeting to the physical trade world, in a way that’s safe, scalable, and made for ROI,” added Ishank Joshi, CEO of Mobavenue.

Whether it’s a mechanic discovering a special incentive while browsing an auto blog, or a retailer seeing a promotion while watching the news—ChannelX ensures your message reaches the right eyes, at the right time, in the right context. And by extending beyond SMS and WhatsApp, brands can see over 40% uplift in total reach among their channel partners.

“Heat Stress, unlike sanitation, or floods, heat is an ‘invisible’ factor – one that impacts people differently based on a variety of factors. And no two cities or human settlements have the same conditions. As a result, participatory research, storytelling and surfacing locally relevant solutions are essential towards building a more inclusive, resilient, enduring response to the rising heat in cities – especially high-growth, high-density cities which are expanding rapidly” – Sonali Bhasin & Kanishk Kabiraj, People First Cities Initiative

“Achieving a design solution that does not interfere with the ground conveys more than just a means of convenience – the footpath is entirely public, defiant of ownership. The design is a host for a variety of interchangeable materials and functions, with its visible permeability and flexibility of construction, which can adapt to different scenarios.” – Sagar and Ankritya, Architects and Urban Planners

New Delhi, 27th May 2025: Blue Dart Express Limited, South Asia’s premier express air and integrated transportation & distribution company, today announced its financial results for the quarter and year ended March 31, 2025, following the conclusion of its Board Meeting which was held in Mumbai. In a fiscal year which was shaped by geopolitical uncertainty, macroeconomic volatility, and sectoral challenges, the company delivered a stable performance, underscoring its operational resilience and ability to maintain service continuity across markets.

For the fiscal year ended March 31, 2025, Blue Dart reported revenue from operations of ₹ 5,720 crore and profit after tax of ₹ 245 crore. For the quarter ended March 31, 2025 (Q4 FY25), revenue from operations stood at ₹ 1,417 crore. Profit after tax for the quarter stood at ₹ 53 crore.

Commenting on the announcement, Balfour Manuel, Managing Director, Blue Dart Express, said, “Our focus in FY25 was on delivering consistency, maintaining service quality, and enhancing our offering strength with significant investments towards our aviation capabilities and infrastructure, an approach that will continue as we gear up for the future. With a long-term perspective on these investments, we remain committed to reinforcing our core, adopting technology for efficiency, and delivering reliable service. Several of these investments are front-loaded, and we anticipate upcoming business growth to drive cost optimization.

As we look ahead to FY26, we remain cautiously optimistic amid ongoing external uncertainties. Nonetheless, Blue Dart will continue to invest in expanding our network, advancing digital capabilities, and embedding sustainable practices to drive long-term operational strength to enhance service capabilities, deepen customer trust, and build operational resilience.”

In the fiscal year gone by, Blue Dart was recognized for excellence across key areas including customer service, sustainability, compliance, and brand loyalty. The company continued to be recognized as a Great Place to Work and one of the best organizations for women. Additionally, Blue Dart was awarded for its customer-centric culture, operational excellence in logistics, and trusted brand reputation. It was also acknowledged for its strong legal compliance practices and sustainable business approach.

May 26, 2025: The Board of Directors of Sundaram Finance Ltd. (SFL) approved the audited standalone and consolidated financial results for the year ended March 31, 2025, at its meeting held on May 26, 2025, in Chennai.

“Team Sundaram has delivered 17% growth in AUM to Rs. 51,476 crores, asset quality with net stage 3 at 0.75% vs 0.63% last year and profits from operations growing 29% year-on-year. Our Group companies in asset management, general insurance and home finance have continued their trajectory from FY24 and recorded strong results. We continue to rely on our time-tested approach of steady and sustainable growth with best-in-class asset quality and consistent profitability,” said Harsha Viji, Executive Vice Chairman.

Disbursements for FY25 recorded a growth of 9% over FY24 with 11% growth in disbursements for Q4FY25 over last year. Gross stage 3 assets as on March 31, 2025, stood at 1.44% with provision cover of 49% as against 1.26% as on March 31, 2024, with provision cover of 50%. Profits from operations performed strongly, growing by 29% in FY25. Profit after tax registered a 6% rise in FY25, with net profit at Rs. 1,543 crores. After excluding exceptional item in FY24, profit after tax rose 16% in FY25. Return on assets closed at 2.85% in FY25 as against 3.18% for FY24 and capital adequacy at 20.4% remains quite comfortable.

Rajiv Lochan, Managing Director, stated, “FY25 was marked by subdued demand due to an extreme summer, general elections, a dull festive season and global volatility driven by tariff-related uncertainty as well as geopolitical complications. Customer outlook was, by and large, cautious and the burden of economic growth was largely supported by Government capex, which ended up at levels lower than the previous year. Given the uncertainties in the external demand, our focus on market share has remained clear. We have gained market share across nearly major asset classes that we focus on, resulting in 17% growth in AUM for FY25 and our laser-sharp focus on controlling our costs – borrowing, operating & credit – resulted in a 29% growth in profits from operations.”

“Looking ahead, we expect macroeconomic sentiments to improve on the rural front because of above normal monsoons forecasted by the IMD and strong procurement, and, on the urban front, due to an improvement in government spending on infrastructure as well as the income tax benefits announced in the union budget. As private consumption improves, private sector capex will likely pick up. We are well positioned to continue our marathon running – steady growth, best-in-class asset quality and continued resilient profitability – and in delivering the Sundaram experience to our customers, people and partners,” he added.

STANDALONE PERFORMANCE HIGHLIGHTS FOR FY25

· Disbursements for FY25 grew by 9% to Rs. 28,405 crores as compared to Rs. 26,163 crores registered in FY24. Disbursements for Q4FY25 grew by 11% to Rs. 6,873 crores as compared to Rs. 6,209 crores registered in Q4FY24.

· The assets under management grew by 17% to Rs. 51,476 crores as on 31st March 2025 as against Rs. 43,987 crores as on 31st March 2024.

· Net interest income grew by 22% to Rs. 2,793 crores in FY25 from Rs. 2,284 crores in FY24.

· Gross stage 3 assets as on 31st March 2025 stood at 1.44% with 49% provision cover as against 1.26% with provision cover of 50% as on 31st March 2024. Net stage 3 assets as on 31st March 2025 closed at 0.75% as against 0.63% as on 31st March 2024.

· The Gross and Net NPA, as per RBI’s asset classification norms for NBFCs, are 2.17% and 1.38% respectively as against 1.98% and 1.25% as of 31st March 2024.

· Cost to income ratio improved to 30.80% in FY25 as against 34.68% in FY24.

· Profit after tax registered a 6% rise in FY25, with net profit at Rs. 1,543 crores. After excluding exceptional item in FY24, profit after tax rose 16% in FY25.

· Return on assets (ROA) for FY25 closed at 2.85% as against 3.18% for FY24. Return on equity (ROE) was at 16.30% for FY25 as against 17.51% for FY24.

· Capital Adequacy Ratio stood at 20.4% (Tier I –17.4%) as of 31st March 2025 compared to 20.5% (Tier I – 16.8%) as of 31st March 2024.

· The Company has declared a final dividend of Rs. 21/- per share (210%).

CONSOLIDATED PERFORMANCE HIGHLIGHTS FOR FY25

The consolidated results of SFL include the results of its standalone subsidiaries Sundaram Home Finance, Sundaram Asset Management and joint venture company Royal Sundaram General Insurance.

· The assets under management (AUM) in our lending and general insurance businesses stood at Rs. 78,145 crores as on 31st March 2025 as against Rs. 66,472 crores as on 31st March 2024, a growth of 18%. The assets under management of our asset management business stood at Rs. 71,826 crores as on 31st March 2025 as against Rs. 70,883 crores as on 31st March 2024.

· Profit after tax for FY25 grew by 31% to Rs. 1,879 crores as compared to Rs. 1,436 crores in FY24.

GROUP COMPANY PERFORMANCE HIGHLIGHTS

Our group companies continued to perform well.

· The asset management business closed the year ended 31st March 2025 with assets under management of Rs. 71,826 crores (over 80% in equity) and consolidated profits from the asset management businesses were at Rs. 154 crores as against Rs. 112 crores in FY24.

· Royal Sundaram reported a Gross Written Premium (GWP) of Rs. 4,065 crores as compared to Rs. 3,825 crores in the previous year, representing a growth of 6%. The company reported a profit after tax of Rs. 133 crores for FY25 as against a profit of Rs. 169 crores in FY24. Profit after tax during FY25 includes net loss of Rs. 38 crores on Fair Value of Equity investments as against net gain on Fair Value of equity investments of Rs. 71 crores in FY24.

· Sundaram Home Finance continued to grow strongly with disbursements up by 30% to Rs. 6,517 crores in FY25. The profit for FY25 was Rs. 245 crores, as against Rs. 236 crores in FY24.

ABOUT SUNDARAM FINANCE

Sundaram Finance was established in 1954 and the company has today grown into one of the most trusted and diversified financial services groups in India providing financing for commercial vehicles, cars & utility vehicles, tractors and farm equipment, construction equipment, SME finance and a range of working capital products for financing diesel, tyres, insurance as well as working capital for SMEs. Through its subsidiaries and group companies, the company offers home finance, loans against property, mutual funds and investment management solutions and the full range of general insurance products and services. It has a nationwide presence of over 700 branches, over 1 lakh depositors and nearly 5 lakh lending customers.

Sundaram Finance’s vision is to be the most respected NBFC in the country and its mission is to deliver the Sundaram experience to all customers, big and small, in keeping with the ethos of the Company. Sundaram Finance embraces a philosophy that balances Growth with Quality and Profitability and remains rooted in its ideal of protecting and enhancing shareholder value. The founding philosophy of the company is that everything begins with the customer. Our founder, Late Sri T S Santhanam, enshrined in the company its core values – The Sundaram Way – that have been the company’s guiding light over the decades. The company is deeply rooted in its values and proud of its heritage, also constantly innovating in terms of technology and processes to deliver the unique Sundaram experience to its customers and stakeholders.

Mangalore: In a significant expansion move, Royaloak Furniture, India’s leading furniture brand, has launched its new store in Mangalore, marking its 59th outlet in Karnataka. Strategically located in MAK Mall, the store spans 10,000 square feet and offers an extensive range of stylish, smart, and functional furniture for every part of the home.

The grand opening ceremony was attended by esteemed guests, including Mr. MD Mohammed Arabi K from MAK Infrarealty Pvt Ltd and Mr. Vijai Subramaniam, Chairman of Royaloak Incorporation Pvt. Ltd. Mr. Subramaniam emphasized the brand’s commitment to serving customers better and its belief in the growing potential of the Mangalore market.

The store features a curated “Country Store” with unique furniture selections from America, Italy, Malaysia, and India. With this expansion, Royaloak has created vast employment opportunities in the state and opened doors for future business growth with multiple vendors and partners.

To celebrate the launch, Royaloak is offering attractive inaugural deals, including free recliners worth Rs 14,990 and other products worth up to Rs 3,000-7,000 on various shopping values.

With over 10 million satisfied customers, Royaloak continues to elevate home aesthetics with modern, luxurious, and affordable furniture. The brand has a pan-India presence, spanning from Kashmir to Kanyakumari and Gujarat to Nagaland.

The new store in Mangalore is set to transform the city’s furniture landscape, offering residents stylish and functional furnishings at affordable prices.