Kent Launches Premium Steam Irons and Garment Steamer for Crisp Clothing
New Delhi, 14 February 2025– This winter, make a style statement with crisp and sharp clothes with Kent’s best-in-class steam Irons. Expanding its portfolio of innovative home appliances, KENT, a pioneering brand in home appliances, has introduced a premium range of steam irons that promise to revolutionize the way you iron your clothes.
Utilizing advanced steam technology, Kent’s steam irons work by heating a ceramic soleplate to a high temperature, emitting a powerful burst of steam through tiny holes. This gentle yet effective steam action relaxes fabric fibers, effortlessly smoothing out wrinkles and creases, leaving your clothes looking crisp, smooth, and professionally finished.
Kent’s steam iron range is available in three variants – Kent Luxe 2200 W, Kent Luxe 2000 W, and Kent Glide 1200 W – catering to diverse consumer needs and preferences. Priced between ₹2,500 and ₹3,500, these premium steam irons offer exceptional value for money, combining advanced features, superior performance, and affordability.
Kent Luxe steam irons boast an array of innovative features that make ironing a breeze. These include an LED Blink & Beep Indicator that notifies you when the iron is ready to use, a Ceramic Soleplate that protects against burning and sticking, and a High Steam Rate of 25 g/min that delivers powerful steam bursts to tackle stubborn creases. Additionally, the Triple Precision Tip Design allows for easy navigation around delicate areas like buttons, pleats, and seams, while the Vertical and Horizontal Steam functionality enables effortless steaming and ironing of garments on hangers. Furthermore, the Anti-Drip Spill Proof and Self-Cleaning Function with Anti-Scale feature ensure hassle-free maintenance, and the Auto-Shut Off Safety Feature provides added peace of mind.
Our goal at KENT is to simplify household chores with innovative solutions. Our premium steam irons are designed to provide a seamless ironing experience, combining advanced features, safety, and affordability. We’re excited to bring this convenience to every Indian home” said Dr. Mahesh Gupta, Chairman and Managing Director, KENT.
Furthermore, we’ve also introduced the Kent Swift Garment Steamer 1300W, a revolutionary solution for effortlessly removing wrinkles from delicate garments like sarees, lehengas, and men’s suits, all while they’re still on the hanger. This innovative steamer precisely channels steam towards wrinkled fabric, relaxing its fibers and eliminating creases with ease.
With the launch of our premium steam irons and the Kent Swift Garment Steamer 1300W, we are committed towards innovation and customer convenience. These cutting-edge appliances are designed to make household chores easier, faster, and more efficient. By combining advanced features, safety, and affordability, KENT aims to revolutionize the way Indians do their laundry. Whether it’s crisp and sharp clothes or effortlessly removing wrinkles from delicate garments, KENT’s latest offerings promise to deliver unparalleled results. As a trusted brand in the home appliances space, KENT continues to raise the bar for innovation and customer satisfaction, empowering Indian households to experience the best in convenience, comfort, and style.
Love, Drama & Bollywood Magic Ultra Play’s Valentine’s Day TVC is a Must-Watch
February 2025: There’s something magical about Purana Pyaar—the kind of love that lingers across lifetimes, just like our favorite Bollywood films. Whether it’s the stolen glances of black-and-white romances, the grand musical declarations of the ‘70s, or the intense emotions of the ‘90s, and early 2000s, Hindi cinema has immortalized love in its purest form.
Ultra Play brings you the ultimate Bollywood experience, where Har Pal Filmy means reliving timeless love stories, iconic dialogues, and unforgettable melodies. With a curated collection of classics, digitally remastered gems, and hidden treasures, Ultra Play is your destination to celebrate love—old, new, and everything in between.
This Valentine’s Day, Ultra Play, India’s first Hindi-exclusive OTT platform from the stable of Ultra Media & Entertainment Group gives love an unexpected, filmy twist with its latest TVC. The campaign, staying true to the brand’s tagline “Har Pal Filmy”, blends humour, nostalgia, and Bollywood magic to showcase how love stories are forever—even in the most unusual circumstances. Ultra Media & Entertainment Group is India’s leading content powerhouse, specializing in film production, distribution, content restoration, and OTT services. Through its D2C regional OTT platforms like Ultra Play (Hindi content), Ultra Jhakaas (Marathi regional OTT), and Ultra Gaane (audio, and video music streaming), Ultra Media is committed to preserving India’s cinematic heritage while delivering compelling stories to audiences worldwide.
The TVC is set at a traditional mourning ceremony where friends and family have gathered to pay their respects to the late Auntyji. As condolences pour in, an unsuspecting guest starts reminiscing about her life. But what begins as a heartfelt tribute quickly takes a hilarious turn when he unknowingly starts revealing an old love story between Auntyji and his Papaji, who was fondly called as ‘Bobby’ by her. With every sentence, he unintentionally drops Bollywood movie titles like Rangeela, Amar Prem, Taal, Karz, Dillagi, Shola aur Shabnam, Yaadein, Judaai, Deewar, Border and more—turning the solemn gathering into an awkward yet laugh-out-loud moment.
Speaking about the campaign, Mr. Sushilkumar Agrawal, CEO, Ultra Media & Entertainment Group & Ultra Play OTT, shared, “Bollywood has given us countless iconic love stories, and through this campaign, we wanted to celebrate romance in a truly ‘Ultra Play’ style—unexpected, filmy, and entertaining. Our platform is a tribute to Hindi cinema, bringing timeless classics and hidden gems to audiences who love the magic of storytelling. This Valentine’s Day, we remind everyone that love is unpredictable, just like our favourite movies.”
Ultra Play has a curated collection of over 2,000 movies spanning from the 1950s till date. The platform features movies from filmmakers such as Guru Dutt, Raj Kapoor, Shakti Samanta, Subhash Ghai, Vidhu Vinod Chopra & many more. As a Hindi-exclusive OTT platform, Ultra Play focusses solely on Hindi content.
Brinda Agrawal, Head of Marketing, Ultra Media & Entertainment Group, added, “Our ‘Har Pal Filmy’ campaign is about finding cinematic moments in everyday life. This TVC takes a light-hearted approach to romance, proving that love stories never really die—they just become legendary. Ultra Play is all about celebrating Hindi cinema, and with this campaign, we continue to make classic Bollywood feel fresh, relatable, and fun”. Conceptualized in-house, this TVC is a focal point of the platform’s marketing efforts, ensuring that the platform resonates with audiences across all age groups. This 360-degree campaign will be amplified across Print, TV, OOH and social media platforms.
Pioneering the future of entertainment Ultra Media & Entertainment Group since 1982 has always been ahead of the curve since its inception. From VHS to VCDs and DVDs, the company pioneered DVD technology in India and later expanded its digital footprint with 84 YouTube channels, catering to diverse audiences across the globe with a 40+ million subscriber base. Building on its legacy, Ultra launched three exclusive OTT platforms Ultra Jhakaas, Ultra Play & Ultra Gaane this FY24 and is now gearing up to introduce FAST (Free Ad-Supported Streaming TV) channels in FY25-26, offering affordable, ad-supported content tailored to evolving viewer preferences.
Rajat Agrawal, COO, Ultra Media & Entertainment Group shares, ” The OTT industry is evolving beyond variety—viewers now seek culturally resonant, nostalgic, and personalized content. The rise of hyper-niche platforms, AI-driven curation, and ad-supported models reflects this shift. At Ultra Play, we’re embracing this by offering a Hindi-exclusive experience that celebrates Bollywood’s storytelling legacy. From remastered classics to AI-powered recommendations, we’re redefining nostalgia for new-age audiences while exploring FAST channels for accessible, high-quality entertainment. This Valentine’s Day, our latest TVC adds a quirky, filmy twist to love and nostalgia, staying true to our brand’s essence. We’re not just streaming movies; we’re keeping Bollywood’s cinematic heritage alive for generations to come”
With the launch of Ultra Play and its suite of OTT platforms, Ultra is deepening its global reach as Indian content gains increasing popularity across South Asian countries, Middle-East, UK, USA, and Africa. The company’s commitment to delivering diverse, high-quality entertainment remains stronger than ever.
Tips Music Releases Jachhey Mujhe Starring Elli AvrRam & Shivin Narang
Chandigarh, 14 February, 2025: Music lovers are in for a treat as Tips Music prepares to launch its latest romantic single ‘Jachhey Mujhe’, set to captivate audiences on February 12th, 2025. The song promises to be a melodious journey of love, featuring the enchanting vocals of Shashwat Singh, a soulful composition by KS Abhishek, heartfelt lyrics penned by Priya Saraiya, and the on-screen chemistry of popular actors Elli AvrRam and Shivin Narang.
Singer Shashwat Singh shared his excitement about the track, saying, “Every song tells a story, and ‘Jachhey Mujhe’ is a beautiful narrative of love that I’m thrilled to bring to life. The melody has a unique emotional depth that I believe will resonate deeply with listeners. It’s an experience that captures the nuanced feelings of modern romance.”
Elli AvrRam, known for her dynamic screen presence, expressed her enthusiasm about the music video, “Working on ‘Jachhey Mujhe’ was a superb experience. The song’s narrative and our chemistry with Shivin create a visual and musical story that I’m sure will touch many hearts. It’s a perfect blend of music, emotion, and contemporary love.”
Actor Shivin Narang added, “This song is all about pure love and the joy of finding your soulmate. Working with Elli and the entire Tips team was a wonderful experience, and I can’t wait for everyone to see the music video and hear the song.”
The song ‘Jachhey Mujhe’ is set to be released across all major music platforms, promising to be a melodic celebration of love that bridges emotions and generations.
‘Jachhey Mujhe’ will be available for streaming from February 12th, 2025.
Air India Expands International Network in Northern Summer Schedule
Chandigarh, 14 February 2025: Air India today announced a number of additional frequencies on key routes as part of its Northern Summer schedule effective 30 March 2025:
United Kingdom:
- Delhi-London Heathrow: Addition of 3x weekly flights, increasing from 21x to 24x weekly flights operated by a combination of Air India’ flagship A350-900 and upgraded B787-9 aircraft.
- Amritsar-Birmingham: Increasing from 3x to 4x weekly flights
- Amritsar-London Gatwick: Increasing from 3x to 4x weekly flights
- Ahmedabad-London Gatwick: Increasing from 3x to 5x weekly flights
Rest of Europe:
- Delhi-Zurich: Increasing from 4x to 5x weekly flights
Delhi-Vienna: Increasing from 3x to 4x weekly flights
Far East Asia:
- Delhi-Seoul (Incheon): Increasing from 4x to 5x weekly flights
- Delhi-Hong Kong: Switching from A321 to B787 Dreamliner on 7x weekly flights
Africa:
- Delhi-Nairobi: Increasing from 3x to 4x weekly flights
The modernisation of the Airline’s narrowbody aircraft is progressing well, and will complete in mid-2025, while the first of the legacy widebodies, a Boeing 787, will commence retrofit of new seats and entertainment systems in April and re-enter service in October 2025. Thereafter, two-to-three B787s will be inducted per month until all 27 legacy aircraft have been upgraded.
Retrofit of the legacy Boeing 777 fleet with new seats and entertainment systems, originally due to commence in 2025, will now commence in early 2026 due to production constraints at the selected seat supplier. In the meantime, Air India is taking the opportunity to refresh as many other elements of the B777 interiors as feasible during 2025, ahead of the full retrofit program.
Arising from the retrofit program and consequent temporary reduction in the operational fleet, the Airline will suspend its non-stop Mumbai-Melbourne service between 30 March and 13 September 2025, and the non-stop Kochi-London Gatwick route from 30 March 2025 until further notice. Air India will continue to operate 12x weekly flights to London Gatwick from Amritsar, Ahmedabad and Goa.
Voltas Beko Launches Mixer Grinder and Dry Iron on Flipkart
Chandigarh, 14th February 2025 – Voltas Beko, a leading name in home appliances category, is excited to announce the launch of its two latest innovations in the Small Domestic Appliances (SDA) category, the Mixer Grinder and Dry Iron, is now available exclusively on Flipkart. Designed with cutting-edge technology and customer convenience in mind, the new products promise to elevate the home experience for modern consumers.
The Voltas Beko powerful Mixer Grinder boasts of a powerful motor, durable design, and multiple speed settings, making it ideal for all types of grinding, blending, and juicing. With unique features like GrindX blades and anti-topple base, and a sleek, compact design, it ensures both efficiency and style in the kitchen. It is designed to handle everything from smoothies to chutneys with ease, offering versatility to meet every culinary need. On the other hand, Voltas Beko Dry Iron is a lightweight dry iron with multiple temperature settings, that will help to iron clothes, remove wrinkles and make them look crisp and tidy.
Mr. Jayant Balan, Chief Executive Officer of Voltas Beko, announced the launch of the Voltas Beko powerful Mixer Grinder and Dry Iron on Flipkart. “These products are designed to cater to the demands of today’s fast-paced, modern lifestyle,” he stated. “We’ve incorporated cutting-edge features to ensure high performance, durability, and convenience.”
To celebrate the launch, Flipkart will offer exclusive discounts and numerous deals on these products for a limited time. Customers can look forward to easy online ordering, fast delivery, and a hassle-free return policy.
Mr. Balan emphasized that launching these products on Flipkart is a strategic move to provide customers with a seamless online shopping experience. He expressed confidence that these products will become essential in every household.
Mr. Anurag Nair, Senior Director Large Appliances of Flipkart added, “Consumers trust Flipkart for its superior customer services. It was natural for us to partner with such a strong brand like Voltas Beko, so their technogically advanced products are accessible to our consumers.”
The products are available exclusively on Flipkart since the first week of February 2025.
Voltas Beko is a leading a leading brand in the consumer appliances space with high-quality home appliances, specializing in innovative products that enhance everyday life of its consumers. With a focus on reliability, performance, and customer satisfaction, Voltas Beko has become a trusted brand in households across the country.
Bharat Forge and Liebherr collaborate on advanced aerospace manufacturing
Chandigarh, 14th February 2025 – During Aero India 2025, Bharat Forge and Liebherr announced a collaboration to establish a manufacturing facility to address the global aerospace industry demand. As part of the strategic partnership, Bharat Forge will set up a state-of-the-art manufacturing facility at its headquarter in Pune, India, that is planned to be operational in 2025.
The new facility will feature a ring mill that incorporates advanced forging and machining technologies to produce high-precision components including Landing Gear Components.
The investment, led by Bharat Forge Ltd., underscores the commitment of the company to delivering world-class solutions for Liebherr and its global customer base.
Guru Biswal, Aerospace CEO, Bharat Forge Ltd, commented “This collaboration with Liebherr is a testament to our shared commitment to innovation and excellence in aerospace manufacturing. Our investments in the ring mill and landing gear machining capabilities highlight our focus on delivering precision-engineered components and creating long-term value for the aerospace industry.”
Alex Vlielander, Chief Customer Officer, Liebherr-Aerospace & Transportation SAS, stated “We are excited to partner with Bharat Forge in establishing this advanced facility. The integration of these cutting-edge technologies will enable us to meet the exacting standards of the aerospace sector while strengthening our supply chain capabilities.”
Audible Celebrates Valentine’s Day with 5 Romance Audiobooks
14th February 2025: Just as love languages vary from person to person, so do tastes in romance—some prefer the charm of modern love stories, others are drawn to old-school tales of passion, while some enjoy a sprinkle of horror or a dose of humour to spice things up. So, with Valentine’s Day just around the corner, we have put together a few of our favourite titles on Audible from the romance genre. From period dramas brimming with regency charm to contemporary tales of modern love, and from thrilling fantasy romances to inclusive stories that tug at your heartstrings, there’s something for every romantic at heart. So, grab your headphones and let Audible transport you to a world of love, laughter, and happily ever afters.
Period Drama
Period drama is often synonymous with timeless love stories. One such period drama packed with some of the most iconic love stories is the Bridgerton series by Julia Quinn. This has captured the imagination of many across the globe and ignited a renewed interest in the stories from the Regency Era. While the stories of Daphne, Anthony and Colin have made their way into our hearts with their endearing and charming love stories, these audiobooks not only go deeper into their love stories but hold the window into what is following in the much-awaited season. Tune in for the love stories laced with old-world charm as we await the magic to unfold on screen.
Contemporary Love
Nothing uplifts the mood like a slice-of-life story of two young adults figuring out love, life and everything in between. This heartwarming story of Dhruv and Kavya reminds us of how the little things lead to the beginning of a lifelong romance and also quite often become the reason behind the spark. ‘Little Things: Jab Dhruv Met Kavya’, an Audible Original starring Mithila Palkar and Dhruv Sehgal takes us through their story from awkward first dates to planning their future making it fun and relatable, especially for millennials and Gen Z. Tune in for modern unfiltered love that captures the messy, beautiful reality of 21st-century relationships.
Fantasy Romance
Fantasy romance is a go-to for those who like a thrilling yet romance-filled escape from reality. In this A Court of Thorns and Roses series by Sarah J Mass, Feyre, finds herself taken to a magical realm by a beast-like creature who turns out to be the Fae Lord Tamlin. Initially hostile, Feyre’s feelings for Tamlin turn into passion. As the series continues, Feyre navigates political intrigue, war, and the complexities of her relationships with Tamlin and Rhysand, while struggling to master her newfound Fae powers. Haunted by past traumas and the deeds she performed, Feyre must confront her inner demons, ultimately playing a crucial role in the fate of her world. Tune in to escape into a world of breathtaking romance, adventure, fantasy and enchanting faerie lore.
Romantic Suspense
Suspense thrillers that keep us on the edge of our seats are an all-time favourite. When this genre is peppered with the right amount of romance, it is undoubtedly the cherry on top. In ‘The Reaper’, Tristan battles between his painful past and an uncertain future, while Morana grapples with the blurring lines between enemies and allies. Bound by a twenty-year history, Tristan and Morana dig deeper for the truth. Very soon long-buried secrets are exposed, setting off a chain of events with explosive consequences. The thing they are certain about – their lives belong to each other. Tune in to join Tristan and Morana on this thrilling quest for the truth.
LGBTQ+
In this season of romance, we are celebrating love in all its forms. In ‘Exclusive,’ love takes centre stage in a powerful queer romance as two women navigate relationship complexities and deliberate the extent to which they would go for their love. Skyler’s dream job as a San Diego reporter, working alongside her idol Carolyn, turns sour when she finds Carolyn unwelcoming. However, a surprising connection sparks a romance that is complicated by work rivalry. Skyler’s willingness to sacrifice her dreams for Carolyn makes her question if their love is real.
Veranda Learning Solutions Reports Q3 & 9M FY25 Performance
Chennai, 14th February 2025: Veranda Learning Solutions Limited, a public listed Education company (BSE: 543514, NSE: VERANDA) and a pioneer in the industry offering end-to-end Education services and solutions, announced its financial results for the third quarter and nine-month period ended December 31, 2024. During the quarter, the pre adjusted operating revenue stood at Rs. 110.33 crores, reflecting a 20% year-on-year growth from Rs. 91.84 crores. The company has achieved an EBITDA of Rs. 11.96 crores adjusted for one-time impacts. Overall, the total pre-adjusted operating revenue for 9MFY25 stood at Rs. 367.93 crores, as compared to Rs. 259.12 crores in 9MFY24.
Q3FY25 was impacted by a combination of academic and market factors. On one hand, delays in notifications by Government for the competitive exams relating to public sector hiring impacted revenues. On the other hand, changes in the CA exam pattern and delayed results announcement led to lower-than-expected enrolments & delayed bookings, shifting revenue recognition to the upcoming quarters. The lower CA foundation pass rates affected student demand, with only 13,000 students passing in 2024 compared to over 40,000 in 2023. However, these challenges are transient in nature and are expected to normalize moving forward.
Veranda 2.0 – Veranda Learning Solutions has successfully executed the first phase of its growth strategy, which focused on rapid scale-up through the acquisition of marquee brands. As the company transitions into the second phase—integrating these acquisitions, unlocking synergies, and driving organic growth—it has undertaken a one-time, comprehensive review of all the businesses as well as assess and standardize practices across companies.
In addition, Veranda has adopted conservative estimates for expected credit loss, aligning such estimates at its subsidiaries with the parent company. During the current quarter, based on the prevailing business environment and with the objective of enhancing synergies between its business units, some subsidiaries have renegotiated their existing contracts and arrangements as well as reassessed the useful life of certain intangible assets, leading to accelerated amortisation of these assets.
Additionally, Veranda has considered impairment of certain assets considering the current and future pipeline of revenue contracts, and global challenges in the territories and industries in which its customers operate. Further, legal advisory costs that are one-time in nature were also accounted for during this quarter, in line with the repayment of related financial liabilities.
While these adjustments have led to a short-term one-off impact mostly non-cash in nature, Veranda has made significant progress in fortifying its operational foundation. With disciplined risk management, improved gross margins, and a more streamlined business model, the company remains set for long-term growth and has set the stage for a strong performance in the coming quarter and coming financial year.
Key Segment Wise Operational Highlights:
1. Academics:
Veranda’s academic segment, which provides management and support services to K-12 schools, presently services five CBSE schools and two international Cambridge schools
Operational Outlook: The full year EBITDA is expected to scale to over Rs. 15 crores. Plans to sign up and manage five new schools in Q4FY25 with significant increase in numbers of schools planned over the coming years.
2. Commerce Test Preparation:
JK Shah Classes recorded a 26.87% year-on-year revenue increase in 9MFY25, with EBITDA reaching Rs 36.55 crores.
Operational Outlook: Recent acquisitions of BB Virtuals and Navkar Institute will fuel expansion in both online and offline markets. The company is also expanding its managed commerce colleges with a target of tying up with 100 new colleges in the coming years. With the addition of these assets to the Commerce segment, the proforma revenue is expected to be Rs. 280 crores and proforma EBITDA of Rs. 113 crores.
3. Government Test Preparation:
Veranda RACE revenue recorded a 34.72 % year-on-year growth in 9MFY25, with future growth planned through geographic expansion
Operational Outlook: The company is targeting significant growth through expansion of its product offerings in government exam preparation segment.
4. Vocational Training:
Veranda’s vocational training segment, powered by brands like Edureka and Six Phrase, continues to thrive. This segment leverages Veranda’s existing student base to cross-sell vocational courses.
Operational Outlook: EBITDA growth for this segment is expected to be driven by leveraging cross-selling opportunities within the group. Revenue for the full year is expected to be Rs. 129.48 crores.
Consolidated Financial Highlights:
Particulars (Rs. Crores) | Q3 FY25
|
Q3 FY25
(Pre Adj.) |
Q3 FY24 | Y-o-Y | Q2 FY25 | Q-o-Q | 9M FY25
|
9M FY25
(Pre Adj) |
9M FY24 | Y-o-Y | |
Revenue from Operations | 99.15 | 110.33 | 91.84 | 20% | 138.62 | -20% | 356.75 | 367.93 | 259.12 | 42% | |
Other Income | -0.77 | 1.23 | 3.51 | 1.83 | 8.49 | 10.49 | 6.99 | 50% | |||
Total Income | 98.38 | 111.56 | 95.36 | 17% | 140.45 | -21% | 365.24 | 378.42 | 266.11 | 42% | |
Gross Profit | 51.49 | 62.67 | 55.06 | 14% | 84.17 | -26% | 208.10 | 219.28 | 150.07 | 46% | |
Gross Profit Margin (%) | 51.93% | 56.80% | 59.95% | 60.72% | 58.33% | 59.60 | 57.92% | ||||
Operating Expenses | |||||||||||
Advt. & Business Promotion | 14.05 | 14.05 | 10.62 | 32% | 15.83 | -11% | 45.93 | 45.93 | 35.36 | 30% | |
Corporate Costs | 6.35 | 6.35 | 5.35 | 19% | 6.22 | 2% | 18.43 | 18.43 | 10.11 | 19% | |
Other Expenses | 30.06 | 30.06 | 23.16 | 30% | 31.43 | -4% | 90.13 | 90.13 | 67.13 | 47% | |
Non-Operating Expenses | |||||||||||
ESOPs/RSU | 1.49 | 1.49 | 2.25 | -34% | 2.12 | -30% | 5.31 | 5.31 | 4.89 | -1% | |
One time expenses | 32.18 | – | – | – | 32.18 | – | – | ||||
EBITDA | -33.40 | 11.96 | 17.19 | -30% | 30.40 | -61% | 24.61 | 69.97 | 39.57 | 77% | |
Finance Cost | 33.20 | NA | 19.91 | 33.23 | 96.35 | NA | 38.67 | ||||
Depreciation | 25.07 | NA | 17.70 | 24.22 | 71.63 | NA | 42.82 | ||||
Depreciation One Time | 114.47 | NA | 114.47 | NA | |||||||
Tax Expenses | -3.21 | NA | -3.71 | 3.32 | – | 0.62 | NA | -4.34 | |||
PAT | -202.94 | -16.71 | -30.37 | -258.46 | -37.57 | ||||||
Key Consolidated Financial Highlights:
- Total Income (Pre-Adjustment) for Q3FY25 stood at Rs. 111.56 crores, marking a 17% year-on-year growth from Rs. 95.36 crores in Q3FY24 ,while maintaining Gross Margin of 56.8%. Total Income (Pre-Adjustment) for 9MFY25 grew to Rs. 378.42 crores, representing an impressive 42% year on year growth , driven by strong performance across the business segments.
- The EBITDA (Pre Adjustment) for the quarter stood at Rs. 11.96 crores reflecting the typical seasonality of the third quarter, which has historically been a lean period. Additionally, delays in government exam notifications, changes in the CA exam pattern and results have led to a deferral of bookings into the subsequent quarter. However, this is expected to normalize moving forward.
- For 9MFY25 , EBITDA (Pre-Adjustment) reached Rs. 69.97 crores, marking a substantial 77% year-on-year increase from Rs. 39.57 crores in 9MFY24, highlighting the company’s strong operational momentum and strategic execution.
CITTA Launches Game-Changing Adult Skincare Range
14th February 2025: CITTA, the premium skincare brand that won hearts with its gentle yet effective baby care products, has made a bold move into the adult skincare arena. This expansion is a revolution in conscious skincare, meticulously crafted for the unique needs of Indian skin. Rooted in the Sanskrit word चित्त (consciousness), CITTA has always been about mindful formulations that prioritize purity, efficacy, and transparency. Now, recognizing a gap in the market for high-performance skincare designed for India’s hot and humid climate, the brand is bringing its expertise in gentle yet potent formulations to adults. This is skincare, reimagined for the modern Indian consumer.
“Indian skin is naturally resilient but prone to concerns like hyperpigmentation, dehydration, and environmental stressors. And so, we’ve formulated each product with these skin-related concerns in mind. CITTA’s game-changing adult skincare range is thoughtfully formulated to tackle these concerns head-on, combining the healing power of nature & science,” says Akanksha Sharma, CEO & Co-Founder, CITTA. “Our approach isn’t about quick fixes, it’s about long-lasting, effective skincare,” adds Tanay Sharma, COO & Co-Founder, CITTA.
Available across multiple retail channels, both online and offline, CITTA’s skincare range is crafted for individuals aged 18-45 years who are looking for effective solutions tailored to Indian skin. What makes this range special? Each product is powered by a carefully curated blend of ingredients that deliver visible results without compromising skin health. Natural ingredients like Centella Asiatica, Saffron, Aloe Vera, Pomegranate, and Ashwagandha are all celebrated for their healing, brightening, and rejuvenating properties. Additionally, CITTA has also carefully blended science-backed actives like AQUAXYL™, Hyaluronic Acid, Ceramides, and Niacinamide in its formulations that work synergistically with natural extracts to deeply nourish, hydrate, and restore skin. The range includes products with unique textures, such as the Aqua Boost Face Gel for women and men, India’s first frosted-texture gel. It delivers a luminous matte finish with 5x hydration power. Another product, the CITTA Cica Face Scrub for tan and dead skin removal, is India’s first clear frosted-texture face scrub.
Free from harsh chemicals, parabens, and sulfates, CITTA’s range of skincare is ideal for all skin types, even the most sensitive. From serums and cleansers to face & body scrubs, body creams, sunscreen serums, and hair masks, CITTA is set to redefine skincare for the modern Indian consumer.
IOL Chemicals Reports INR 527.37 Crore Revenue in Q3 FY25
14th February, 2025, Chandigarh: IOL Chemicals and Pharmaceuticals Ltd, a leading manufacturer of pharmaceutical APIs and speciality chemicals, announced its financial results for quarter and nine months year ended 31st December, 2024.
Standalone Q3 & 9M FY25 Financial Highlights (₹ in Crore)
Particulars | Q3 FY25 | Q2 FY25 | % QoQ | Q3 FY24 | % YoY | 9M FY25 | 9M FY24 | % YoY |
Total Income | 527.37 | 532.18 | -0.90 | 528.77 | -0.26 | 1569.31 | 1651.42 | -4.97 |
EBITDA | 50.94 | 47.99 | 6.15 | 52.86 | -3.63 | 157.11 | 203.99 | -22.98 |
EBITDA Margin (%) | 9.66% | 9.02% | 64 bps | 10.00% | -34 bps | 10.01% | 12.35% | -234 bps |
PAT | 20.55 | 19.15 | 7.31 | 23.23 | -11.54 | 69.38 | 107.23 | -35.30 |
PAT Margin (%) | 3.90% | 3.60% | 30 bps | 4.39% | -49 bps | 4.42% | 6.49% | -207 bps |
Commenting on the performance, Mr Vikas Gupta, Joint Managing Director said, “We are pleased to report our Q3FY25 Results as despite challenges such as pricing pressures, stagnant demand, and intense market competition, the company has successfully maintained stable and sustainable performance. This resilience reflects our strategic approach and adaptability in a dynamic business environment.
Confident of our resilient performance, the Board has declared an interim dividend of Rs. 4/- (40%) per share of face value of Rs 10 each for financial year 2024-25 and fixed a Record Date for 18th February 2025 for ascertaining the entitlement. Moving forward, we remain committed to our long-term vision by focusing on market diversification and expansion to unlock new growth opportunities. Additionally, we are implementing comprehensive cost optimization measures to enhance operational efficiency, improve profitability, and reinforce our competitive position. ”