Author: Sutun Nayak

  • Iris Clothings Reports Strong Q4FY25 Performance

    Iris Clothings Reports Strong Q4FY25 Performance

    Mumbai (Maharashtra) [India], May 16: Iris Clothings Limited (NSE: IRISDOREME), a readymade garment company engaged in designing, manufacturing, branding, and selling garments for kids wear, announced their financial results for the quarter and year ended March 31, 2025.

    Q4 FY25 Key Financial Highlights

    • Total Income of ₹ 403.3 Mn, YoY change of -4.3%
    • EBITDA of ₹ 82.3 Mn, YoY growth of 15.8%
    • EBITDA Margin (%) of 20.4%, YoY growth of 355 BPS
    • PAT of ₹ 44.8 Mn, YoY growth of 28.6%
    • PAT Margin (%) of 11.1%, YoY growth of 284 BPS

    FY25 Key Financial Highlights

    • Total Income of ₹ 1465.8 Mn, YoY growth of 20.1%
    • EBITDA of ₹ 283.1 Mn, YoY growth of 7.1%
    • EBITDA Margin (%) of 19.3%, YoY change of -234 BPS
    • PAT of ₹ 131.2 Mn, YoY growth of 7.5%
    • PAT Margin (%) of 9.0%, YoY change of -106 BPS

    Other Key Highlights:

    • Total Income stood at Rs. 403.3 Mn in Q4FY25 as against to Rs. 421.4 Mn; during FY25 Total Income stood at Rs. 1,465.8 Mn a strong growth of 20.1% YoY against Rs. 1,220.2 Mn in FY24
    • EBITDA for the Q4FY25 was at Rs. 82.3 Mn as against Rs. 71.0 Mn in Q4FY24, a growth of 15.8% YoY with an EBITDA Margin of 20.4% in Q4FY25; EBITDA for FY25 stood at Rs. 283.1 Mn and Margin of 19.3% in FY25
    • Profit after Tax stood at Rs. 44.8 Mn in Q4FY25 as against Rs. 34.9 Mn, a robust growth of 28.6% YoY; During FY25 PAT stood at Rs. 131.2 Mn against Rs. 122.1 Mn in FY24 a growth of 7.5% YoY
    • Approved Bonus Issue in the ratio of 1:1 of fully paid-up equity shares of ₹2 each to existing shareholders.

    Commenting on the Company’s performance Mr. Santosh Ladha, Managing Director of the Company said: I am pleased to announce that we continue to grow in Q4FY25. Throughout the year, we encountered challenges related to input costs; however, we experienced a revival in Q4FY25, which is evident in our improved operational profitability. The growth was accelerated by our B2B segment where we have added 9 new distributors during the quarter. Recently, we have also successfully raised capital through a rights issue totalling Rs. 47.5 crores, which will be strategically allocated to support our growth initiatives.

    Looking ahead to FY26, we plan to expand our production capacity to reach 38,000 pieces per day. We are excited to introduce our new inner wear line and enhance our sportswear offerings, underscoring our commitment to innovation and quality. We anticipate strong growth driven by organic demand and new capacity additions, while also focusing on enhancing our retail D2C segment to accelerate our growth trajectory and deliver greater value to our stakeholders. Iris Clothings remains dedicated to elevating the DOREME brand and advancing the company to the next level of growth.”

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  • Focus Lighting Receives Rs 10.5 Crore LED Lighting Order from LT for Infrastructure Project

    Focus Lighting Receives Rs 10.5 Crore LED Lighting Order from LT for Infrastructure Project

    Mumbai (Maharashtra) [India], May 16: Focus Lighting & Fixtures Limited.(NSE – FOCUS), engaged in manufacturing & innovative lighting solutions of LED lights and fixtures, has secured a significant commercial order from Larsen & Toubro Limited – Construction Division. The order, valued at ₹10.5 Cr, is for the manufacture, supply, and delivery of advanced LED lighting and fixtures, to be executed over a period of eight months.

    This development marks a major milestone for Focus Lighting as it strengthens its portfolio of marquee clients and underscores the company’s growing reputation as a dependable partner in the infrastructure and construction ecosystem. The company will supply a range of high-performance LED lighting systems that are designed to meet the rigorous demands of modern infrastructure projects.

    Commenting upon milestone achieved, Mr. Amit Sheth, Managing Director of Focus Lighting & Fixtures said“We are delighted to have been chosen by Larsen & Toubro for this significant order. L&T is one of India’s most respected infrastructure companies, and this collaboration is a strong validation of our capabilities in terms of product quality, compliance, and timely delivery.

    This order reflects the growing importance of advanced lighting solutions in infrastructure projects that demand both performance and aesthetics. We look forward to delivering customized lighting systems that meet L&T’s stringent technical standards.

    This partnership not only strengthens our presence in the infrastructure segment but also opens up exciting new opportunities for us to support large-scale, technically demanding projects across the globe.”

    With the Indian infrastructure sector projected to grow rapidly, Focus Lighting is well-positioned to support future projects through its proven expertise, efficient production systems, and commitment to delivering high-quality lighting solutions. The company aims to leverage this momentum by expanding its footprint across government, urban, and industrial infrastructure projects.

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  • Borana Weaves Limited IPO Opens on Tuesday, May 20, 2025

    Borana Weaves Limited IPO Opens on Tuesday, May 20, 2025

    Mumbai (Maharashtra) [India], May 16: Borana Weaves Limited, (“Borana”, The Company) specializing in the production of unbleached synthetic grey fabric, proposes to open its Initial Public Offering on Tuesday, May 20, 2025 whereas, the anchor bidding will open on Monday, May 19, 2025 and the bid/ issue will close on Thursday, May 22, 2025. The Company aims to raise ₹ 144.89 Crore and list its Equity Shares on the main board platforms of BSE Limited and National Stock Exchange of India Limited.

    The issue size is up to 67,08,000 Equity Shares with a price band of ₹ 205 – ₹ 216 per Equity Share and face value of ₹ 10 each.

    Equity Share Allocation

    • Qualified Institutional Buyer – Not less than 75% of the Issue
    • Non-Institutional Investors – Not more than 15% of the Issue
    • Retail Individual Investors – Not more than 10% of the Issue

    The net proceeds from the IPO will be utilized to finance the cost of establishing a new manufacturing unit to expand its production capabilities to produce grey fabric at Surat, Gujarat, India (“Proposed Unit 4”), funding incremental working capital requirements, and for general corporate purposes.

    The Company has appointed Beeline Capital Advisors Private Limited as the Book Running Lead Managers to the Issue and KFIN Technologies Limited as the Registrar to the Issue.

    Mr. Mangilal Ambalal Borana, Chairman and Managing Director of Borana Weaves Limited expressed, “The launch of our Initial Public Offering marks a significant milestone for Borana Weaves Limited. Over the past few years, we have grown our manufacturing capabilities in the synthetic textile segment. The proceeds from the IPO will support the expansion of our production infrastructure and help us address our working capital needs. This step aligns with our long-term strategy of scaling operations while maintaining focus on product quality and operational efficiency. We look forward to continuing our growth journey with greater capacity and enhanced operational resilience.”

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  • Rajesh Power Net Profit in FY25 Rise 258% Y-o-Y to Rs.93.36 Crore

    Rajesh Power Net Profit in FY25 Rise 258% Y-o-Y to Rs.93.36 Crore

    Ahmedabad (Gujarat) [India], May 16:  Ahmedabad based, Rajesh Power Services Ltd (BSE Code: 544291) engaged in the business of providing consultancy to state transmission and distribution companies and private utilities and industries has reported net profit of Rs. 93.36 crore for the Financial year 2024-25 ended March 2025 as compared to the net profit of Rs. 26.02 crore in the corresponding period of FY 2023-24, Y-o-Y growth of 258%. Total income of the company in FY2024-25 also grew over 277% Y-o-Y to Rs.  1114.66 crore as compared to total income of Rs. 295.06 crore in the FY 2023-24. EPS of the company for the FY2024-25 was reported at Rs. 57.74 per share.

    For the six months period (October 2024 to March 2025) ended 31st March 2025, company reported net profit of Rs. 65.2 crore, growth of 131% as compared to the net profit of Rs. 28.16 crore reported in the first six month (April 2024 to Sep 2024) of the financial year. Total income during H2 of FY 2024-25 was reported at Rs. 792.89 crore, 146% growth over total income of Rs. 321.77 crore reported in the H1 of FY 2024-25.

    On 23rd April 2025, company has secured fresh orders worth Rs 1116 crore from government and institutional clients, reinforcing its strong presence in the engineering, procurement and construction sector. The orders include turnkey contracts for the supply, installation, testing and commissioning of 11/22kV high-tension underground and overhead networks, and 220/66kV gas-insulated and air-insulated substations across Gujarat. The company will also execute projects for 132kV/66kV underground cable installation. These projects are scheduled for completion within 12 to 18 months, providing robust revenue visibility.

    Key Highlights:

    • Total Income for FY25 was reported at Rs. 1114.66 crore
    • Company recently secured new orders inflows worth Rs. 1,116 Crores from a combination of government and institutional customers.

    Company has raised Rs. 160.50 crore by the way of its IPO in the month of November 2024. The IPO comprises of fresh issue of Rs. 93.47 crore and offer for sale of Rs. 67 crore. Company’s shares are listed on BSE SME exchange on 02™ December, 2024.

    Established in 1971, Rajesh Power Services Ltd PSL is one of the leading specialized Engineering, Procurement & Construction (EPC) companies engaged in the Power Transmission & Distribution Sector. RPSL is providing its services across various verticals including Turnkey execution of GIS Substations, AIS Substations, Extra High Voltage Power Cables and Transmission Lines, and Construction of Distribution Systems. A concentrated, customer—focused approach and the mission to deliver top-class quality have enabled RPSL to maintain its position in its core business area for over five decades.

    The company caters to government and institutional customers across India. As of March 2024, Rajesh Power Services Limited had a strong order book valued at Rs. 2,358.17 crore, This order book represents projects to be executed over the next three financial years, demonstrating the company’s robust pipeline of work. The company focuses on executing turnkey projects, operation & maintenance, and consultancy services, particularly within the power utility sector.

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  • Zordo Technologies Launches “FareArena” – A Budget-Friendly Flight Booking Platform

    Zordo Technologies Launches “FareArena” – A Budget-Friendly Flight Booking Platform

    New Delhi [India], May 16: Zordo Technologies has officially launched FareArena, a fresh online platform aiming to cater to the growing needs of low-cost flight tickets and budget-friendly travels. In an era where passengers are looking more and more towards saving money without sacrificing convenience, FareArena serves them just right — discounted booking of flights, easy navigation, and efficient assistance for domestic and international flights alike.

    FareArena is a complete travel booking website that not only provides cheap airfare but also access to cheap airline deals, hotel reservations, and special travel discounts. Whether you’re taking an impromptu trip or a well-planned holiday, FareArena assists you in discovering the cheapest flight deals according to your budget.

    Complete Details about FareArena

    1. How does FareArena provide cheap flight tickets?

    FareArena consolidates fares from more than one airline and compares prices in real-time to provide you with the lowest airfare comparison. This guarantees that customers receive access to the lowest airfare without having to look around on numerous websites.

    1. Can I reserve international flights at a discount?

    Yes. FareArena also provides discounted flight booking for international routes. New York, Dubai, London, Bangkok – whatever be the destination, FareArena has all the top global routes covered with budget flights.

    1. Is last-minute booking supported?

    Yes. With instant fare updates and confirmation, FareArena is a last-minute flight deal haven where spontaneous flyers can book flights on the go without paying a premium.

    1. How is FareArena different from other sites?

    Unlike most travel sites that have hidden fees or advertise higher prices, FareArena prioritizes transparency by providing budget airline offers and promo codes to customers. The simple interface and safe payment methods add to the overall experience.

    1. Is there hotel booking too?

    Yes. FareArena is not limited to flights; it also offers competitive hotel rates, making it a full-fledged travel planning package.

    With FareArena, Zordo Technologies is revolutionizing the world of online airline booking in India and the world. Whether you’re traveling alone or booking for a group, you’ll enjoy unmatched deals with a focus on ease and economy.

    For travelers looking for inexpensive flight tickets, low airfare, and an easy-to-use website, FareArena is fast becoming the go-to option.

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  • Zaveri & Co. Celebrates Mother’s Day with a Heartfelt Tribute to Mothers Across Generations

    Zaveri & Co. Celebrates Mother’s Day with a Heartfelt Tribute to Mothers Across Generations

    Ahmedabad (Gujarat) [India], May 15:  In a heartfelt gesture celebrating the spirit of motherhood, Zaveri & Co., one of Gujarat’s most iconic jewellery brands, hosted a special Mother’s Day gathering on May 10th, uniting employees, their mothers, and children from across all branches in a celebration full of love, joy, and meaningful moments enhancing the joy of motherhood.

    The event was marked by warmth and laughter as women employees from every branch came together for an engaging afternoon of games, bonding activities, and a delightful cupcake decoration competition. What made the celebration even more meaningful was the thoughtful decision to distribute the beautifully decorated cupcakes to local old-age homes, bringing smiles and a sense of belonging to elderly mothers who often go unnoticed.

    “At Zaveri & Co., we believe in celebrating relationships that matter, both within our teams and beyond. This Mother’s Day, we wanted to go a step further and spread love not only to our employees and their families but also to the forgotten mothers in old age homes,” said a managing director, Raj Mandalia from Zaveri & Co.

    This unique celebration was more than just a company event; it was a tribute to maternal love in all its forms. By connecting different generations and acknowledging the often-overlooked elderly, Zaveri & Co. added a layer of compassion and social responsibility to their festivities.

    The initiative highlighted the brand’s commitment to nurturing a culture of care and inclusion, not only within the organization but also in the community at large.

    Zaveri

    About Zaveri & Co.
     Zaveri & Co. is one of Gujarat’s leading luxury jewellery houses, known for its timeless craftsmanship, exquisite designs, and commitment to celebrating tradition with a modern touch. With decades of heritage and a customer-first approach, the brand continues to redefine elegance and emotion through every piece it creates.

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  • Into the Wild: Yogesh Bhatia’s Grit and Glory in the Scorching Heat of Indian Jungles

    Into the Wild: Yogesh Bhatia’s Grit and Glory in the Scorching Heat of Indian Jungles

    New Delhi [India], May 15:  When central India turns into a blazing furnace in May, with mercury touching 50°C, most wildlife photographers pack away their gear. But for Yogesh Bhatia, the extreme is exactly where the magic begins.

    In one such summer safari in Ranthambhore (Rajasthan), Yogesh stationed himself near a dried waterhole from 6 AM to 6 PM, battling the unforgiving sun. Armed only with ORS, fruits, and willpower, he waited silently as the jungle held its breath. “The heat was so intense, even the gypsy’s metal started burning to the touch,” Yogesh recalls. “But just when we thought we’d return empty-handed, around 5:45 PM, a majestic tigress emerged—cautiously walking to drink water. That one shot made the 12-hour ordeal feel like a blessing.”

    Such days are not uncommon for Yogesh, whose deep passion for wildlife photography transcends physical discomfort. Whether it’s the sweltering plains of Tadoba or the dusty wilderness of Panna, Yogesh treats every moment in nature as sacred—even when the environment is unkind.

    On another memorable occasion in Dhikala (Corbett Tiger Reserve), he spent an entire afternoon tracking elephant herds under a punishing sun. “I had to pour water on my camera bag to keep the lens from overheating,” he laughs. “But what followed was unforgettable—a tusker crossing the Ramganga river with sunlight bouncing off the water. That image still gives me goosebumps.”

    These aren’t just stories of survival in the heat—they are testaments to Yogesh’s perseverance, patience, and intuitive understanding of the jungle. Equipped with a Sony Alpha 1 and a 400mm f/2.8 lens, his frames aren’t merely photographs; they’re portraits of raw, untamed life, filled with emotion and storytelling.

    Yogesh’s influence extends beyond the jungle. His wildlife photography workshops, conducted in iconic destinations like Masai Mara, Spiti, Ranthambhore, and Panna, are sought after by enthusiasts across India. These aren’t textbook lessons—they are immersive journeys where one learns to read light, interpret animal behavior, wait endlessly, and above all, respect nature.

    His mentorship is known for being warm, ethical, and deeply transformational. “I don’t teach people how to chase wildlife,” he says, “I teach them how to wait—with purpose.” Yogesh ensures each participant, regardless of skill level, walks away with not just better photos but a deeper philosophy of patience, humility, and co-existence.

    His work has been featured by India Today, The Indian Express, Zee TV, and ABP News, and his striking tiger portrait once adorned a billboard in Mumbai—reminding urban dwellers of the wild world just beyond their cityscape.

    To Yogesh, photography is not just about the frame—it’s about being present in moments of struggle, stillness, and surprise. Through each click, he tells a story of survival, silence, and the soul of the forest.

    More than a photographer, Yogesh Bhatia is a torchbearer for ethical wildlife photography—where the wait is long, but the rewards are eternal.

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  • KRN’s Wholly Owned Subsidiary Receives Approval Under PLI Scheme & Granted Incentives of Rs 141.72 Cr

    KRN’s Wholly Owned Subsidiary Receives Approval Under PLI Scheme & Granted Incentives of Rs 141.72 Cr

    Mumbai (Maharashtra) [India], May 15: KRN Heat Exchanger and Refrigeration Limited (KRN) (NSE – KRN | BSE – 544263), is a prominent company in the heating, ventilation, air conditioning, and refrigeration (HVAC&R) industry, announce that its wholly owned subsidiary, KRN HVAC Products Private Limited (KRN HVAC), has received approval under the Government of India’s PLI Scheme for white goods (Air Conditioners and LED products).

    The approval, granted by IFCI Limited, a Government of India undertaking, includes financial incentives amounting to ₹141.72 Cr. The PLI Scheme, a flagship initiative under the ‘Make in India’ program, aims to establish India as a global manufacturing hub by incentivizing domestic production, promoting value addition, and reducing import dependency in critical sectors.

    The incentive will support KRN’s expansion plans, developing a localized component ecosystem, and enhancing backward integration capabilities. This strategic move aligns with the company’s commitment to building energy-efficient, environmentally sustainable products that meet global standards.

    KRN expects this development to significantly enhance its operational scalability and financial performance, creating long-term value —including investors, customers, suppliers, and employees.

    Comment on Development Mr. Santosh Kumar, Chairman & Managing Director of KRN Heat Exchanger and Refrigeration Limited said, “Receiving the PLI scheme approval is a landmark achievement that validates our strategic investments in expanding and modernizing our manufacturing capabilities. This incentive not only strengthens our financial position but also accelerates our vision of making KRN a global leader in energy-efficient HVAC and white goods manufacturing. Our focus remains on innovation, quality, and sustainable growth, backed by strong domestic demand and rising export opportunities. With government initiatives like the PLI scheme aligning with our goals, we are confident of delivering superior value to our customers, and the broader ‘Make in India’ mission.”

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  • CBSE 10th and 12th Result 2024-25 BEERSHEBA SR. SEC SCHOOL Haldwani

    CBSE 10th and 12th Result 2024-25 BEERSHEBA SR. SEC SCHOOL Haldwani

    New Delhi [India], May 15: Toppers Shine, Record Pass Percentage at Best CBSE School in Haldwani  CBSE 10th and 12th Result 2024-25 BEERSHEBA SR.  SEC SCHOOL Haldwani Announced  The much-awaited CBSE 10th and 12th result 2024-25 for BEERSHEBA SR. SEC  SCHOOL Haldwani is out, and the school has once again cemented its reputation as  the best CBSE school in Haldwani. Demonstrating academic excellence and holistic  development, the school achieved an impressive overall pass percentage of 100% for both classes, with several students securing top ranks and distinctions in the  Haldwani school board results.

    Highlights and Record Achievements 

    • Overall Pass Percentage: 100% in Class 10th and 99% in Class 12th
    • Number of Distinctions: 16 in Class 12th, 16 in Class 10th
    • Highest Score in Class 12th: 99.2%
    • Highest Score in Class 10th: 98%
    • Multiple students scored above 95% in both classes
    • Consistent performance as a top CBSE school in Haldwani.

    Topper List: CBSE 10th and 12th Result 2024-25 

    BEERSHEBA SR. SEC SCHOOL Haldwani  Class 12th Toppers 

    Name Marks (%) 

    • ROHIT UPADHYAY- 99.2%
    • HARI OM GUPTA- 96 %
    • SABA NAAZ- 96 %
    • VANSH SATI- 96 %
    • RIA JOSHI -96 %
    • SHUBHAM GAHTORI- 96%
    • JAY RAWAT -95 %
    • ZAINAB- 95%
    • NEHA KATHAYAT- 95 %
    • MANEESHA NAUTIYAL- 95 %
    • GARIMA SRIVASTAVA -92 %
    • CHETNA BHATT -92 %
    • DEEPANSHI TRIPATHI -92 %
    • KANISHKA TIWARI -91 %
    • NIHAR TYAGI -91 %
    • DISHA ARYA -90%

    Class 10th Toppers 

    Name Marks (%) 

    • Kamakshi Tiwari – 98% (490/500)
    • Aditi Basera – 97.4%
    • Khushi Bisht – 95.8%
    • Yogesh Bhatt – 95%
    • Akanksha Deopa – 93.6%
    • Shourya Bisht – 93.6%
    • Manas Kapil – 93.4%
    • Ujjwal Koshyari – 92.8%
    • Mayank Singh – 92.4%
    • Priyanshi Bisht – 92.2%
    • Laxita Gariya – 92%
    • Aarush Singh – 91.8%
    • Ayush Raj – 91.2%
    • Jahanavi Sati – 90.6%
    • Ayush Kumar Yadav – 90.2%
    • Pratishtha Pangtey – 90%
    • Anuriddhi Jaiswal – 89.8%
    • Aayush Palariya – 89.2%
    • Samiksha Shahi – 88.8%
    • Aman Kandpal – 88.6%
    • Archana Pant – 88.6%
    • Aakash Mourya – 87.4%
    • Ayush Gwal – 87%
    • Harshwardhan Karayat – 86.8%
    • Sneha Rana – 86.8%
    • Kanishka Jantwal – 86.8%
    • Mahak Negi – 85.6%
    • Prabhat Tamta – 85.4%

    These outstanding results underscore BEERSHEBA SR. SEC SCHOOL’s status as the  best CBSE school in Haldwani and a leader in Haldwani school board results.

    Quotes from the Principal and Toppers 

    “I am incredibly proud of our students and teachers. Their dedication, hard work, and  pursuit of excellence have brought glory to BEERSHEBA SR. SEC SCHOOL once again.  Congratulations to all achievers and their families!”

    Principal, BEERSHEBA SR. SEC SCHOOL 

    “Achieving this milestone was a team effort. I thank my teachers and parents for their

    constant support.”

    Rohit Upadhyay, Class 12th Topper 

    Unique Features Behind the Success 

    • Experienced Faculty: Highly qualified teachers dedicated to student success.
    • Smart Classes: State-of-the-art digital classrooms for interactive learning.
    • Holistic Development: Focus on academics, sports, arts, and life skills.
    • Modern Facilities: Well-equipped labs, libraries, and sports grounds.
    • Inclusive Education: Special programs for differently-abled students.
    • Personalised Attention: Low student-teacher ratio and regular mentoring.

    Admissions Open: Join the Best CBSE School in Haldwani

    Admissions for the new academic session are now open! Give your child the  BEERSHEBA advantage: academic excellence, holistic growth, and a nurturing environment.

    • Contact: 05946-223030, 05946-222256, 9634374446
    • Email: beershebaschool_hld@rediffmail.com
    • Address: Civil Lines, Nainital Road, Haldwani, Nainital, Uttarakhand-263139

    We recommend adding high-quality images of the toppers and the school campus to

    further enhance engagement and showcase the vibrant learning environment.

    Frequently Asked Questions (FAQs) 

    Result

    Q1. How can I apply for admission at BEERSHEBA SR. SEC SCHOOL Haldwani? 

    Admissions are open for all classes. Visit the school campus or contact the school

    office at 05946-223030 or beershebaschool_hld@rediffmail.com for details.

    Q2. What curriculum does the school follow? 

    The school is affiliated with CBSE and offers a comprehensive curriculum from

    Nursery to Class 12, including Science, Commerce, and Humanities streams.

    Q3. What facilities are available on campus?

    BEERSHEBA SR. SEC SCHOOL offers modern classrooms, science and computer

    labs, a library, sports grounds, and smart class technology for an enhanced learning

    experience.

    Q4. Are there extracurricular activities? 

    Yes, the school emphasises holistic development with a variety of sports, arts,

    cultural and leadership programs.

    Q5. What makes BEERSHEBA SR. SEC SCHOOL the best CBSE school in Haldwani? 

    Consistent academic excellence, experienced faculty, modern infrastructure, and a Focus on all-around development makes it the top choice for parents in Haldwani.

    Visit here for more information:http://beershebaschool.in/

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  • Leo Dryfruits & Spices Wins EIH Contract for Trident, Oberoi Hotels & Flight Services Mumbai

    Leo Dryfruits & Spices Wins EIH Contract for Trident, Oberoi Hotels & Flight Services Mumbai

    Mumbai (Maharashtra) [India], May 16: Leo Dryfruits & Spices Trading Limited, (BSE: 544329), One of the trusted names in the sourcing, processing, trading, and marketing of premium-quality spices, dry fruits, and grocery products, has further reinforced its presence in the luxury hospitality sector by securing a landmark contract with EIH Limited one of India’s foremost luxury hospitality companies.

    Under this agreement, Leo will supply its signature range of spices and dry fruits to Trident Hotels, Oberoi Hotels & Resorts, and Oberoi Flight Services in Mumbai. The contract reflects Leo’s growing focus on the premium hotel segment and builds on its recent contracts received from the Taj Group of Hotels.

    While product rates have been finalized, supply volumes will be determined through individual purchase orders throughout the contract period. The company anticipates total orders of approximately ₹ 3 Cr during the first twelve months from the contract’s effective date.

    This collaboration is expected to enhance Leo’s footprint in the luxury hospitality space and open doors for future growth. By serving leading hotel chains known for world-class dining, Leo continues to strengthen its position as a preferred supplier for those seeking consistent quality, taste, and service.

    Commenting on the development, Mr. Kaushik Shah, Chairman and Managing Director of Leo Dryfruits & Spices Trading Limited, said, “We are honoured to be chosen by EIH Limited to supply our premium spices and dry fruits to their Trident Hotels, Oberoi Hotels & Resorts, and Oberoi Flight Services in Mumbai. This contract is a significant milestone for Leo and reaffirms our focus on the luxury hospitality segment.

    Following our recent collaboration with the Taj Group of Hotels, the receipt of this order reflects the growing trust that leading hospitality brands place in our quality and service. We remain committed to exceeding expectations and look forward to expanding our presence in India’s premium hotel segment.”

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