Author: Sutun Nayak

  • Rajasthan’s Celebrated Singer Manesha A Agarwal’s Soulful Song gets Accolades During PM Modi’s Netherlands Visit

    Rajasthan’s Celebrated Singer Manesha A Agarwal’s Soulful Song gets Accolades During PM Modi’s Netherlands Visit

    Singer Manesha. A. Agarwal’s Soulful Song gets Accolades During PM Modi’s Netherlands Visit

    New Delhi [India], May 18: A song by Rajasthan’s celebrated singer Manesha A Agarwal championed the state’s rich heritage on the international stage during Prime Minister Narendra Modi’s recent visit to the Netherlands.  A vibrant welcome performance for the Prime Minister at the  Hague featured  Manesha A Agarwal’s soulful number “Padharo Mhare Des.”

    As part of the welcome extended, the presentation received PM Modi’s appreciation for reflecting the rich cultural heritage of Rajasthan through its soulful musical rendition. The gesture was further acknowledged by the Hon’ble Chief Minister of Rajasthan, Shri Bhajan Lal Sharma, who shared it on his official X handle.

    The inclusion of “Padharo Mhare Des” during such a prestigious diplomatic visit reflects the growing global admiration for Indian folk music and regional cultural traditions. The song that was first released in 2011 brought together a galaxy of stars from the world of music, including Maestros like Jagjit Singh, Ustad Sultan Khan, Pt. Vishwa Mohan Bhatt, Manesha A Agarwal, Music Director Ravi Pawar, Roopkumar Rathod, Ustad Ahmad Hussain, Ustad Muhammad Hussain, Salil Bhat, Mohammad Vakil  Gulabo, Anwar Khan, and Ghaze Khan.

    It also highlights how Rajasthan’s timeless musical legacy continues to transcend borders and connect audiences worldwide through its authenticity and emotional depth. 

    Manesha A Agarwal is a celebrated singer with mastery in devotional and folk music. She is known for fusing traditional and modern sounds to create unique musical milestones. Through popular songs like “Nimbooda,” “Banna Re,” “Malhar,” and “Girdhari Girdhari,” she continues to promote Rajasthan’s rich cultural heritage globally. Through Arpan Music Lab, an initiative of the Arpan Foundation, she nurtures young talent, preserving Rajasthan’s rich cultural legacy.

  • Hafele Zenith Digital Lock Brings Intelligent Control with Advanced Smart Technologies

    Hafele Zenith Digital Lock Brings Intelligent Control with Advanced Smart Technologies

    Hafele Zenith Digital Lock

    New Delhi [India], May 18: Hafele, a German brand known for its architectural hardware and kitchen fittings, presents the Zenith Digital Lock designed to deliver enhanced security through intuitive smart technologies and versatile locking functions. Finished in Black and Grey, the lock blends seamlessly into modern interiors while offering a refined, tech-enabled access experience.

    At the core of the Zenith Digital Lock are its smart technologies that elevate everyday convenience. The Smart Password feature ensures secure access with added protection against password tracing, while Smart Voice provides guided assistance for smooth and user-friendly operation. Additionally, Smart Freeze acts as a safety mechanism by temporarily disabling access after multiple incorrect attempts, reinforcing security and control.

    Zenith - PNN

    Complementing these are multiple locking modes that adapt to different usage needs. The Auto Locking Passage Mode ensures the door locks automatically after every use, while the Locking Privacy Mode secures the space from inside without external access. The Double Locking Mode adds an extra layer of security, and the Authentication Mode allows controlled entry through verified credentials. Together, these features make the Zenith Digital Lock a dependable and intelligent solution for modern homes.

    Log onto https://www.hafeleindia.com/en/info/service/contact-us/ to find the nearest Hafele showroom or design Centre.

    Established as a wholly owned subsidiary of HäfeleGlobal network, HäfeleIndia has been operating in India since 2003. An authority in the field of architectural hardware, furniture and kitchen fittings and accessories, the company also has a strong presence in synergized product categories like Home Appliances, Interior and Furniture Lighting, Sanitary Solutions, and Surfaces positioning itself as a complete solution provider for interior solutions in India and South Asia. HäfeleIndia has a strong nation-wide presence through its offices and design showrooms spread across the country. The showrooms function as a one-stop-shop for all home interior and improvement needs – from providing in-depth technical advice to kitchen and wardrobe designing services through a team of experts.

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  • Hafele Astute Corner Storage Solution Maximises Kitchen Corner Spaces

    Hafele Astute Corner Storage Solution Maximises Kitchen Corner Spaces

     Hafele Astute Corner Storage Solution

    New Delhi [India], May 18: Hafele, a German brand known for its architectural hardware, furniture fittings, and kitchen solutions, presents the Astute Corner Storage Solution designed to transform underutilised kitchen corners into efficient and ergonomic storage spaces. Thoughtfully crafted, this solution optimises available space while enhancing everyday functionality, helping homeowners get more value per square metre.

    The Astute Corner Storage Solution offers a versatile design that integrates seamlessly into contemporary kitchens. Available in Chrome and Metallic Anthracite finishes, it complements a wide range of interior styles. The metallic anthracite finish pairs especially well with Hafele’s MatrixBox Premium Plus Drawer Systems, ensuring a cohesive and refined look across the kitchen.

    Astute

    Designed for easy access, the unit features a patented motion mechanism that brings the entire storage system outward with a single smooth operation. Equipped with four baskets, it provides ample space for organising pots, pans, and everyday essentials. The ergonomic design allows the baskets to extend out of the cabinet, making every item easily accessible while eliminating the inconvenience of reaching into deep corners.

    Established as a wholly owned subsidiary of Hafele Global Network, Hafele India has been operating in India since 2003. An authority in the field of architectural hardware, furniture, and kitchen fittings and accessories, the company also has a strong presence in synergized product categories like Home Appliances, Interior and Furniture Lighting, Sanitary Solutions, and Surfaces, positioning itself as a complete solution provider for interior solutions in India and South Asia. Hafele India has a strong nationwide presence through its offices and design showrooms spread across the country. The showrooms function as a one-stop shop for all home interior and improvement needs – from providing in-depth technical advice to kitchen and wardrobe designing services through a team of experts.

    Log onto https://www.hafeleindia.com/en/info/service/contact-us to find the nearest Hafele showroom or design centre.

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  • Geetanjali Om Parkash and Dr. Sehar Om Parkash Turn Cannes Red Carpet into a Statement of Power and Purpose

    Geetanjali Om Parkash and Dr. Sehar Om Parkash Turn Cannes Red Carpet into a Statement of Power and Purpose

    Mumbai (Maharashtra) [India], May 18: When Geetanjali Om Parkash and Dr. Sehar Om Parkash stepped onto the red carpet at the Cannes Film Festival 2026, they did more than attend a film gala; they transformed a global stage into a showcase of intergenerational ambition, professional achievement, and Indian influence. The saas, bahu pair presented a layered story about age, leadership, and the expanding roles of Indian women on the world stage.

    Geetanjali Om Parkash, 59, is a portrait of perseverance and institutional stewardship. As Managing Director of the Dr. Om Parkash Group of Eye Institutes, she has guided an eye‑care legacy that spans six decades, steering clinical growth, outreach, and administrative expansion across India. Off the hospital floor, Geetanjali has become a visible ambassador for empowerment through pageantry and advocacy. Fresh from winning Mrs. International World Classic 2026, she arrived at Cannes in a gown christened “Midnight Fortress” — a strapless, sculpted design in deep black with tiered architectural peplums, subtle diamond accents, and a dramatic draped collar. The ensemble read as couture armor: elegant, composed, and quietly authoritative, underscoring her message that age need not limit public influence. Her earlier 2026 honors, including Mrs. Empowerment and Most Exotic National Costume, reinforced that narrative: maturity can amplify leadership and visibility.

    Dr. Sehar Om Parkash offered a complementary, younger voice grounded in medical excellence and international fashion. A gold‑medalist maxillofacial, oculoplasty, and aesthetic surgeon, Sehar is Executive Director within the family’s ophthalmic group, where she leads surgical practice, research and innovation. Parallel to her demanding medical career, she has cultivated a presence on global runways, walking in Paris and Milan and collaborating with haute couture houses. For Cannes, she chose “Pantheon Aurorae,” a silver‑blue gown inspired by dawn over the sea: crystal embellishments, sculpted corsetry, and flowing organza and pearls that moved like waves. The look fused strength and softness, visually echoing her professional precision and creative sensibility.

    Together, Geetanjali and Sehar reframed public expectations. Geetanjali proved that a woman in her late fifties can win international pageants, helm major institutions, and carry couture with authority. Sehar demonstrated that elite surgical practice and a foothold in global fashion are complementary, not contradictory. Their joint appearance signaled modern India’s synthesis of professional rigor, philanthropic commitment, and bold aesthetic choices.

    Beyond camera flashes, both women remain deeply involved in healthcare and humanitarian work. The Dr. Om Parkash Group organizes free eye camps, prosthetic eye programs, and community outreach across underserved regions; Sehar and Geetanjali both spearhead initiatives supporting survivors of violence and expanding access to reconstructive care. Their Cannes debut was therefore more than a red‑carpet photo opportunity — it was a cultural statement: a declaration that resilience, service, and style can coexist, and that family ties can amplify public impact.

    By turning Cannes into a platform for intergenerational achievement, Geetanjali and Sehar Om Parkash offered a nuanced portrait of contemporary Indian womanhood — one where leadership, compassion, and elegance move together on the global stage.

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  • Suntech Infra Solutions Limited Announces H2 FY26 and FY26 Results

    Suntech Infra Solutions Limited Announces H2 FY26 and FY26 Results

    New Delhi [India], May 18: Suntech Infra Solutions Limited (NSE: SUNTECH), one of the leading B2B civil construction and infrastructure services providers, announced its Audited Financial Results for H2 FY26 & FY26

    H2 FY26 Highlights

    • Total Income stood at ₹11,020.21 Lakhs 
    • EBITDA stood at ₹2,456.07 Lakhs with EBITDA Margin of 22.29% 
    • PAT stood at ₹1,072.80 Lakhs with PAT Margin of 9.73% 

    FY26 Highlights

    • Total Income stood at ₹17,916.16 Lakhs 
    • EBITDA stood at ₹3,822.09 Lakhs with EBITDA Margin of 21.33% 
    • PAT stood at ₹1,375.25 Lakhs with PAT Margin of 7.68%

    Other Key Highlights:

    ·FY26 Total Income increased 16% YoY to ₹17,916.16 Lakhs driven by strong demand in infrastructure execution and equipment hiring operations 

    ·PAT grew 14% YoY to ₹1,375.25 Lakhs reflecting operational resilience despite higher finance and depreciation costs associated with business expansion 

    ·Hiring Business revenue increased to ₹1,632.61 Lakhs in FY26 while Job Work business contributed ₹15,994.76 Lakhs, demonstrating diversified revenue streams across infrastructure operations 

    ·The Company maintained healthy execution momentum across civil construction and infrastructure development projects during FY26

    Commenting on the performance, Mr. Gaurav Gupta, Director, Suntech Infra Solutions Limited, stated:“Our performance during FY26 reflects the Company’s strong execution capabilities and sustained momentum across both Hiring and Job Work business segments. The infrastructure and construction sector continues to offer significant long-term opportunities, supported by increasing investments in infrastructure development across the country. Our focus remains on improving operational efficiencies, strengthening our equipment base, and enhancing execution capabilities to cater to growing project requirements.
    We have also continued deploying IPO proceeds towards working capital requirements and acquisition of construction equipment, which will further strengthen our operational capacity and support scalable growth in the coming years.With a healthy order pipeline, diversified business model, and strong industry outlook, we remain confident of sustaining our growth momentum while creating long-term value.”

    About Suntech Infra Solutions Limited:

    Suntech Infra Solutions Limited is a B2B construction and infrastructure solutions company engaged in civil construction, turnkey foundation works, and construction equipment rental services. The Company has executed projects across sectors such as Power, Oil & Gas, Steel, Cement, Renewable Energy, Refineries, Process Plants, and Infrastructure. Suntech is led by a highly experienced management team and has built strong capabilities in piling, foundation engineering, bridge works, and industrial structures.

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  • Dar Credit and Capital Ltd. Reports Strong FY26 Growth with Higher Profitability, Capital Raise, and Expanded Market Presence

    Dar Credit and Capital Ltd. Reports Strong FY26 Growth with Higher Profitability, Capital Raise, and Expanded Market Presence

    Kolkata (West Bengal) [India], May 18: Dar Credit & Capital Ltd.  an NSE-listed Non-Banking Financial Company (NBFC), today announced its audited financial results for the financial year ended 31 March 2026, delivering a year marked by strong financial performance, accelerated business expansion, enhanced operational capabilities and significant strengthening of its capital structure.

    The Company continued to reinforce its position as a fast-growing financial institution focused on financial inclusion, sustainable lending and disciplined execution across underserved and emerging markets in India.

    Driven by strong demand across its lending portfolio, strategic geographic expansion and prudent risk management practices, DCCL reported healthy year-on-year growth across key financial and operational parameters during FY2025–26.

    Financial & Operational Highlights – FY2025–26

    Operational Snapshot (as on 31 March 2026)

    • Presence across 6 states — West Bengal, Bihar, Jharkhand, Rajasthan, Madhya Pradesh and Gujarat 
    • 35 operational branches across urban, semi-urban and rural markets 
    • Continued expansion of customer reach with focus on financial inclusion and responsible lending 
    • Sustained emphasis on portfolio quality, operational efficiency and governance excellence 

    Key Financial Highlights

    • Assets Under Management (AUM): ₹229.55 crore(Growth of 34.95% YoY)
    • Total Income: ₹50.05 crore(Growth of 20.92% YoY)
    • Profit After Tax (PAT): ₹10.13 crore(Growth of 43.89% YoY)
    • Net Worth: ₹103.85 crore(Growth of 41.25% YoY)
    • Earnings Per Share (EPS): ₹7.45(Growth of 5.82% YoY)
    • EBITDA: ₹34.69 crore(Growth of 18.55% YoY)
    • Return on Equity (ROE): 11%

    The Company’s consistent growth trajectory reflects the strength of its business model, prudent underwriting framework and ability to scale operations while maintaining financial discipline.

    Strategic Milestones Achieved During FY2025–26

    Successful Capital Raising & Balance Sheet Strengthening

    During the year, DCCL undertook multiple strategic initiatives to strengthen its liability profile and enhance long-term growth capabilities.

    Key initiatives included:

    • Achieved successful listing of the Company on the NSE Emerge Platform by raising an aggregate amount of ₹2,565.60 lakhs through the issuance of 42,76,000 Equity Shares (face value ₹10 each) at ₹ 60 each.
    • Successful fund raise of ₹61 crores through issuance of Non-Convertible Debentures (NCDs) during FY 2025–26.
    • Continued engagement with banks, financial institutions and capital market participants to diversify funding sources and optimize borrowing costs.
    • Strengthening of the Company’s capital base to support future expansion and scale lending operations efficiently.

    These initiatives are expected to significantly enhance DCCL’s ability to accelerate growth while maintaining a prudent and resilient balance sheet structure.

    Strengthening Market Leadership

    As a listed NBFC, DCCL remains committed to building a scalable, technology-enabled and governance-driven lending franchise.

    The Company continues to focus on:

    • Expanding access to credit across underserved customer segments 
    • Strengthening branch-led distribution capabilities 
    • Leveraging technology-driven processes for operational efficiency and customer service excellence 
    • Maintaining disciplined credit assessment and portfolio monitoring standards 
    • Enhancing stakeholder confidence through transparency, compliance and strong corporate governance practices

    Management Commentary

    Commenting on the Company’s annual performance, Ramesh Kumar Vijay, Chairman, Dar Credit & Capital Ltd., said:

    “FY2025–26 has been a transformational year for Dar Credit & Capital Ltd. The Company has delivered strong financial performance while simultaneously strengthening its operational foundation and expanding its market presence.”

    “Our sustained growth in AUM, profitability and net worth reflects the resilience of our business model and the dedication of our team. The successful capital raising initiatives undertaken during the year demonstrate growing confidence from investors, lending institutions and stakeholders in DCCL’s long-term vision and growth potential.”

    “As we move into the next phase of expansion, we remain focused on disciplined execution, responsible lending, technological advancement and sustainable value creation for all stakeholders.”

    Outlook

    India’s financial services and NBFC sector continues to present significant long-term growth opportunities, particularly in underserved and underpenetrated credit markets.

    DCCL remains well-positioned to capitalize on these opportunities through:

    • Geographic expansion into high-growth markets 
    • Strengthening of digital and technology infrastructure 
    • Diversification of funding relationships 
    • Continued focus on portfolio quality and operational efficiency 
    • Commitment towards advancing financial inclusion across India 

    The Company remains confident of sustaining its growth momentum while maintaining a balanced approach towards profitability, governance and risk management.

    About Dar Credit & Capital Ltd.

    Dar Credit & Capital Ltd. is an NSE-listed Non-Banking Financial Company (NBFC) incorporated in 1994 and registered with the Reserve Bank of India.

    Headquartered in Kolkata, the Company provides credit solutions focused on emerging and underserved customer segments across India. Through its expanding branch network, disciplined lending practices and strong governance framework, DCCL continues to build a scalable and sustainable financial services franchise.

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  • Building Legacies, Not Just Ledgers: The Holistic Philosophy of Rohit Sethi.

    Building Legacies, Not Just Ledgers: The Holistic Philosophy of Rohit Sethi.

    New Delhi [India], May 18: For many people, success is measured only through numbers — revenue, assets, expansion, influence, or profits.  

    But for Rohit Sethi, life has always meant something far greater than financial achievements alone.

    According to those close to him, Rohit Sethi is a man who believes that the greatest blessing a person can truly possess is good health, peace of mind, and the ability to positively impact the lives of others.

    Despite managing multiple ventures, responsibilities, and ambitions, he is known for spending a significant part of his time helping people in need, supporting social causes, motivating individuals, and encouraging people to grow stronger mentally, physically, and professionally.

    For him, wealth without health has no meaning.

    He believes that in today’s world, many people spend their entire lives chasing money while neglecting the most important aspects of life — health, family, peace, purpose, and humanity.

    Those who know him describe him as someone constantly balancing business, fitness, discipline, and social responsibility together. Whether through his entrepreneurial journey, fitness lifestyle, or charitable initiatives, Rohit Sethi continues to advocate the importance of becoming stronger not just financially, but also mentally and emotionally.

    At the same time, he remains deeply ambitious.

    With multiple dreams, projects, and long-term visions, Rohit Sethi is often described as a man who thinks beyond limitations and beyond conventional definitions of success. His mindset revolves around creating impact, building meaningful ventures, empowering people, and leaving behind something larger than personal gain.

    However, one aspect that people around him often highlight is that he rarely takes personal credit for his success.

    According to those who have worked closely with him, Rohit Sethi consistently credits his journey to the people who stood beside him — his team members, investors, customers, mentors, well-wishers, and the bankers who believed in a young entrepreneur and supported his vision during crucial stages of growth.

    He is said to strongly believe that no business can ever be built by one individual alone. Behind every achievement, according to him, are hundreds of people working silently in the background — employees sacrificing time with their families, customers placing trust, investors taking risks, and institutions believing in long-term potential.

    Rather than projecting success as an individual victory, he often describes it as a collective effort built on trust, loyalty, discipline, and relationships.

    He believes that true legacy is not built merely through money, but through the number of lives one is able to inspire, support, and uplift along the journey.

    And perhaps that is where his philosophy stands apart.

    Because in the end, no matter how powerful we become, what numbers we touch, what status we achieve, or where we come from — we all eventually leave this world one day.

    Money, fame, and position remain behind.  

    What truly stays is the impact we created, the people we helped, the values we stood for, and the memories we leave in the hearts of others.

    For Rohit Sethi, life is not only about building success — it is about building meaning before time runs out.

  • Forever52’s Amazonic Kajal Gains Popularity In India With Shilpa Shetty And Nia Sharma Collaborations

    Forever52’s Amazonic Kajal Gains Popularity In India With Shilpa Shetty And Nia Sharma Collaborations

    New Delhi [India], May 18: India’s kajal category continues to remain one of the strongest and most-consumed segments within the beauty industry, with consumers increasingly looking for products that combine long-lasting performance, comfort, and formulation-focused benefits. As the Indian beauty market evolves rapidly, products that balance everyday wearability with high-impact results are witnessing stronger traction across both online and offline channels.

    Amidst this growing category, Forever52’s Amazonic Kajal has recently gained attention following celebrity collaborations with actress Shilpa Shetty and TV sensation Nia Sharma. Most recently, Nia Sharma collaborated with Forever52 for a Mother’s Day campaign featuring the brand’s products, including the Amazonic Kajal. The campaign brought additional focus to the product across digital beauty and entertainment platforms while strengthening the brand’s presence within the everyday makeup category.

    The increasing focus around the product also reflects a larger shift happening within celebrity beauty collaborations today. Consumers are becoming more selective about the products they purchase, especially in categories used almost daily, such as kajal. Celebrity endorsements are also being viewed more through the lens of credibility, product relevance, and formulation quality rather than simple promotional visibility.

    Amazonic Kajal has been positioned as an everyday performance product designed for modern beauty consumers. The kajal features an intense black payoff along with a waterproof and long-lasting formula that lasts for up to 24 hours. The product is dermatologically and ophthalmologically tested and is also vegan, paraben-free, and led-free, making it suitable for regular daily wear.

    Priced at INR 249, the Forever52 Amazonic Kajal is available on Nykaa, Tira, Blinkit, Amazon, the brand’s official website, and Forever52 retail stores/offline outlets across India. The product is also among Forever 52’s top-selling products across 1,600 retailers in India, with one Amazonic Kajal sold every minute globally.

    In India, kajal continues to remain more than just a makeup essential. It is one of the most-used beauty products across age groups and forms a part of daily makeup routines for millions of consumers. Whether for minimal everyday looks, office wear, festive makeup, or full glam routines, kajal remains a staple category with consistently high consumer demand. As a result, the market has become increasingly competitive, with buyers expecting products to deliver strong pigmentation, smudge resistance, smooth application, and long-hour comfort simultaneously.

    Alongside performance, formulation-focused beauty has also become a growing priority among Indian consumers. Buyers today are paying closer attention to the products they use around the eyes and are increasingly looking for options that feel safer and more suitable for regular wear. This has led to stronger demand for products that combine performance-driven features with dermatologically and ophthalmologically tested formulations.

    The growing traction around Amazonic Kajal also highlights the increasing demand for affordable performance makeup within India’s beauty industry. Consumers today are actively seeking products that offer premium-looking results without entering luxury price points. With a combination of long wear, waterproof performance, accessibility, and celebrity associations, the product continues to strengthen its positioning within the affordable everyday makeup segment.

    As India’s beauty industry continues to expand rapidly, the kajal category remains one of the most competitive and high-consumption segments in the market. With rising consumer awareness around formulations and increasing demand for everyday performance products, Forever52’s Amazonic Kajal continues to strengthen its presence among modern Indian beauty consumers looking for products that combine performance, accessibility, and everyday wearability.

    About Forever52

    Established in 2008 in the UAE, Forever52 has expanded its presence across 40+ countries globally and launched in India in 2018. Known for its professional-quality makeup and trend-forward beauty products, the brand has built a strong presence among makeup artists, creators, and beauty consumers. Forever52 continues to focus on creating innovative, high-performance products designed for everyday wearability and modern beauty needs.

    Website: Forever52 India
    Instagram: @forever52india

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  • Nagpur’s Shweta Chopra, Founder of INDULGENCE Chocolates, Elevates Women’s Empowerment as Brand Goes Global at Cannes

    Nagpur’s Shweta Chopra, Founder of INDULGENCE Chocolates, Elevates Women’s Empowerment as Brand Goes Global at Cannes

    Nagpur (Maharashtra) [India], May 18: Shweta Chopra, founder and CEO of premium handcrafted chocolate brand INDULGENCE, attended the 79th Cannes Film Festival this week as part of a targeted business delegation that combined industry networking with international market outreach.

    Chopra — an engineer with an MBA and specialised training in advertising, public relations, and artisan confectionery in the UK — used the Cannes platform to advance INDULGENCE’s export and collaboration strategy. Across curated meetings with creative and luxury-sector executives, she showcased the brand’s made-to-order corporate gifting solutions and signature chocolate collections, emphasizing artisanal craftsmanship and bespoke packaging tailored for high-end clients.

    At Cannes, INDULGENCE presented several new seasonal and corporate lines designed for premium events and festivals, positioning the company to service multinational brands and luxury hospitality partners. Chopra highlighted the brand’s capability to scale production while maintaining small-batch quality, and discussed prospective partnerships focused on co-branded gifting and limited-edition runs.

    Chopra also made a high-profile appearance on the Cannes red carpet, a moment she framed as a statement of women’s strength and entrepreneurial ambition. Walking the carpet in a tailored, sustainably sourced gown that married contemporary minimalism with South Asian detailing, she balanced glamour with purpose. The look, hairstyled and accessorised to complement INDULGENCE’s refined aesthetic, drew praise on the festival circuit and reinforced the brand’s narrative of heritage craftsmanship meeting modern luxury.

    INDULGENCE currently serves corporate clients with customised gifting for events, campaigns, and executive hospitality. Chopra said Cannes offers “an invaluable window into global consumer trends and partner ecosystems,” underscoring the role such forums play in scaling women-led businesses on the international stage. Would you like this edited for a print column or a social post?

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  • Fusion Returns to Profitability, Asset Quality & Collection Efficiency, and Growth momentum strengthened in Q4FY26

    Fusion Returns to Profitability, Asset Quality & Collection Efficiency, and Growth momentum strengthened in Q4FY26

    New Delhi [India], May 18: Fusion Finance announced its Q4FY26 and full-year FY26 results, reflecting a strong recovery in operating performance led by sustained improvement in collection efficiency, asset quality, write-off recoveries, and portfolio performance, which led to a sharp reduction in credit costs during the quarter. The Company closed FY26 on a significantly stronger footing, with improving business momentum and a strengthened balance sheet.

    • Fusion Finance returned to full-year profitability.
    • Continued strengthening in portfolio quality and disciplined growth in disbursements.
    • AUM at Rs 7407 crore as of March 2026, growing 8% over the sequential quarter.
    • Collection efficiency and recoveries improved significantly, driving lower credit costs and stronger profitability.

    Avg. Collection efficiency on portfolio outstanding improved consistently during the year and reached 99.66% in Q4FY26, the highest level over the last several quarters, and the new book, as per tighter guardrails, performed with an avg CE of 99.77% during the quarter. This was achieved by focused recovery efforts, disciplined field execution, and continued customer engagement.

    The strengthening in collections translated into a significant improvement in asset quality metrics during the quarter. Gross NPA improved to 3.21% in Q4FY26 from 4.38% in Q3FY26, while Net NPA improved to 0.51% from 0.63% in the previous quarter.

    Improved portfolio quality and stable collection trends also resulted in a meaningful reduction in credit costs. Credit cost as per the ECL model for Q4FY26 stood at Rs 56 crore, declining 30% sequentially and 78% year-on-year. Net P&L impact from credit costs reduced to Rs 32 crore during the quarter, compared to Rs 65 crore in Q3FY26 and Rs 247 crore in Q4FY25.

    Reflecting the improvement in operating performance, Fusion reported Profit After Tax (PAT) of Rs 114.2crore for Q4FY26, after including the Deferred Tax Asset (DTA) recognition of Rs 76.8 crore during the quarter. Excluding the DTA recognition, profitability improved materially on the back of superior credit costs, improved recoveries, and stable operating performance, with Q4FY26 profit at INR 37.4 Crore. For the full financial year FY26, the company returned to profitability and reported a PAT of Rs 13.9crore.

    After multiple quarters of calibrated normalization, Fusion’s Assets Under Management (AUM) grew to Rs 7,407 crore as of March 31, 2026, registering an 8% sequential increase. Quarterly disbursements grew 34% QoQ and 85% YoY to Rs 2,140 crore, reflecting calibrated business momentum alongside continued focus on portfolio quality.

    Net Interest Margin (NIM) improved to 11.44% in Q4FY26 from 11.32% in Q3FY26, supported by better portfolio yields, improving asset quality, and lower marginal cost of borrowing.

    Commenting on the performance, Mr. Sanjay Garyali, MD & CEO, Fusion Finance Limited, said: “The quarter reflects the steady strengthening of our core operating metrics. Our focused efforts on improving collection efficiency, driving disciplined recoveries, and maintaining prudent underwriting standards have resulted in strong improvement in portfolio quality across the business. The decline in GNPA, NNPA, and credit costs demonstrates the effectiveness of our risk management and execution capabilities. As collection trends stabilize further, we remain focused on pursuing sustainable growth while maintaining portfolio quality and operational discipline.”

    Fusion continued to strengthen its pan-India distribution network during the year, with presence across 1,536 branches in 22 states and 3 Union Territories.