Author: Sutun Nayak

Mumbai (Maharashtra) [India], February 10: Shrijee Lifestyle Pvt Ltd is set to showcase its latest sustainable fabrics collection at Bharat Tex 2025 designed for the AW25/26 & SS26 seasons. With a strong focus on eco-friendly materials, the collection blends fibres like Organic Cotton, LIVA, Ecovero, Tencel, and Linen, along with unique combinations of Viscose and Recycled Polyester for a fresh, contemporary appeal.

Committed to sustainability, Shrijee Lifestyle uses natural and eco-friendly certified dyes ensuring fabrics that are safe for both consumers and the environment. The company has earned a reputation as a leading supplier of sustainable and fashion fabrics for leading Brands, backed by globally recognized certifications such as OEKO-TEX, ZDHC, and GOTS.

Expanding its capabilities, Shrijee Lifestyle is augmenting its digital printing capacity by 50% by March 2025 by adding the latest High-resolution High-Speed machines. The company anticipates digital printed fabric demand to more than double over the next few years and is poised to be the preferred supplier for brands prioritizing sustainability and certified processes.

Shrijee is also launching its latest 2025 Festive Collection in BHARAT TEX 2025, which includes. Intricately woven Jacquards and Dobby weaves for Ethnic wear, Blouses, & Dress Material.

Shrijee is India’s leading Integrated player in the Blouse segment. It manufactures High-End Defectless 2/2 Rubia and 2/1 Rubia woven on the latest Shuttleless Looms. It also manufactures satin and Jacquard fabrics for this segment. Shrijee is known for its quality and finish, which is superior to other players who are using Power loom Grade processed in Pali, which often leads to quality complaints like poor colour fastness or weaving defects. This is the reason why Top Retailers prefer to stock fabrics manufactured by Shrijee, which has their loyal customers for 5 decades

For further information, please contact: info@shrijeelifestyle.com

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Mumbai (Maharashtra) [India], February 10: Askon Hygiene Products Pvt Ltd has been manufacturing products like hand dryers, soap and sanitizer dispensers, sensor taps, urinal sensor flush valves and other products since 1985. With state of the art factory in Mumbai and Vasai in Maharashtra, Askon has embodied the concept of Make-in-India since its inception about 4 decades ago. With continuous investment in the manufacturing of new cutting edge products and R&D, Askon has become the first company in India with BIS certification for hand dryers. Four hand dryer models received the ISI mark in September 2024 and as on this date Askon is the only company with this certification for hand dryers. The hand dryers are tested to ensure safe and reliable performance of the product. Each and every component from the plastics, motor, cord wires, connectors, transformer and electronic circuits are tested for various parameters to meet or exceed the set standards.  Products are also tested so that there is no compromise on safety of the user even in case of malfunction.

The company has voluntarily taken the BIS certification for hand dryers even before the certification becomes mandatory from March 2025 to show its commitment to promoting quality and helping in building the quality ecosystem in the country. This effort has been rewarded by BIS with a special award on the world standards day in 2024.

Askon also has the prestige of getting the India Design Mark for its InstaJet Pro series hand dryers by the National Institute of Design and Good Design Awards, Japan. The products are evaluated by an eminent jury from the field of design and Askon is the first company in India to receive this award for hand dryers in India. This once again reaffirms Askon’s commitment to making great quality Made-in-India products with an emphasis on good design.

With many products being planned for launch in 2025 it is will again be a year of many firsts with strong focus on novel Made-in-India products. The products are developed with not only Indian market in mind but to make India an export powerhouse for products like hand dryers, sensor taps, soap and sanitizer dispensers and other products. With continuous investments in manufacturing capacity and product development, Askon is moving rapidly to realise this dream. Askon is already exporting products to clients in more than 15 countries in Gulf, EU and African region. That is why Askon is the brand of choice for many architects and companies for their need of washroom hygiene accessories.  Website:www.askonhgyiene.com | Email:info@askonhygiene.com |

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Vadodara (Gujarat) [India], February 10: BSE-listed Gujarat Inject (Kerala) Limited (BSE: 524238), a leading agricultural company, reported a staggering increase of 4,500% in its net profit for the quarter ended December 2024.

The company specializes in the trade of bulk vegetables and fruits, sourcing fresh produce directly from farmers and delivering it to shop owners, ensuring quality, freshness, and a seamless supply chain.

Gujarat Inject (Kerala)’s net profit for the December 2024 quarter was Rs. 21.16 lakh, an increase of 45 times over the profit of Rs. 0.46 lakh in the corresponding quarter of the previous year. The company’s revenue in the December 2024 quarter was Rs. 315.23 lakh, compared to Rs. 21.59 lakh in the same quarter of the previous year, a growth of 1,360%.

Highlights: 

• For the first nine months of the fiscal year, the company demonstrated exceptional performance with a 2,007% rise in revenue to Rs. 1,480.86 lakh (from Rs. 36.96 lakh) and a 3,906% jump in net profit to Rs. 94.40 lakh (from Rs. 4.48 lakh).

• The company reported nine months ended FY24-25 net profit at Rs. 94.40 lakh i.e. 11 times higher than the net profit of FY23-24.

• The company reported a remarkable 4,500% surge in net profit for the quarter ended December 2024, reaching Rs. 21.16 lakh compared to Rs. 0.46 lakh in the same period last year.

• The company’s revenue for the December 2024 quarter also witnessed impressive growth, increasing by 1,360% to Rs. 315.23 lakh from Rs. 21.59 lakh in the corresponding quarter of the previous year.

For the nine months ended December 2024, Gujarat Inject (Kerala)’s revenue was Rs. 1,480.86 lakh as against Rs. 36.96 lakh in the corresponding period of the previous fiscal, a growth of 3,906%. The Net profit for the nine-month period was Rs. 94.40 lakh, 2,007% higher than the net profit of Rs. 4.48 lakh in the same period of the previous year.

Gujarat Inject (Kerala)’s shares, having a face value of Rs. 10, closing price was Rs. 27.13 as on Friday, 7^th Feb, 2025. The shares have seen a high of Rs. 28 and a low of Rs. 8.74 in the last 52 weeks. The company’s market capitalization is Rs. 39.04 crore. After a lack of significant activity in previous years, the company has shown improvement in performance over the last two years.

The improved performance is also reflected in the share price, which is up by 35% in the past month. Additionally, trading volumes too have gone up, suggesting positive momentum in the stock.

About Gujarat Inject (Kerala) Limited:

Gujarat Inject (Kerala) Limited (BSE: 524238) is a distinguished name in the agricultural sector, specializing in the cultivation and distribution of premium-quality vegetables, fruits, and other agricultural produce. With a steadfast commitment to excellence, the company has demonstrated remarkable growth in recent years, marked by a strong financial performance and an expanding market presence. Gujarat Inject plays a pivotal role in the B2B segment, supplying fresh and superior-quality produce to businesses, shops and retailers. Through innovation, sustainability, and an unwavering focus on quality, the company continues to strengthen its position in the agribusiness landscape, fostering long-term value for shareholders and stakeholders.

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Ahmedabad, February 10, 2025: Asian Granito India Limited (AGL), one of the largest Luxury Surfaces and Bathware Solutions brands in the country has reported improved operational and financial performance during Q3 and Nine Months of FY 2024-25 ended 31^st December 2024.

Business Highlights:

• Exports for Q3 FY25 at Rs. 79 crores; Exports for 9M FY25 at Rs. 206 crores
• Composite Scheme of Arrangement involving Demerger, Slump Sale as well as Amalgamation between Asian Granito India Ltd and other entities is approved with the requisite majority by Shareholders and Creditors
• During Q3FY25, company board Approved allotment of total 2.03 crore equity shares on conversion of equal amount of warrants at Rs. 48.15 per share; Post-warrant conversion, Promoter Group holding increased to 33.52% as on Dec 2024
• Launched 3^rd TVC featuring of the “Premium ka Pappa” campaign with Ranbir Kapoor with the tagline: “Jo Ranbir Ko Shaadi Mein Nachate Hain, Ghar Mein AGL Tiles Lagate Hain”. Campaign has garnered over 17 million views on YouTube
• Company signed renowed Bollywood actress Vaani Kapoor for its Bonzer7 brand

Recently launched – AGL Tile Guru, First-of-its-kind Initiative in the Tiles Industry to educate and empower stakeholders

Financial Highlights (Consolidated)

	Q3 FY25	Q3 FY24	Y-O-Y	9 Months FY25	9 Months FY24	Y-O-Y
Net Sales (Rs. Cr)	360.02	371.23	-3%	1086.90	1106.95	-2%
EBITDA (Rs. Cr)	15.87	1.50	955%	46.53	31.09	50%
EBITDA Margin (%)	4.41%	0.41%	400 bps	4.28%	2.81%	147 bps
Net Profit (Rs. Cr)	-1.02	-8.14	87%	3.82	-14.58	126%
Net Profit Margin (%)	-0.28%	-2.19%	191 bps	0.35%	-1.32%	167 bps

Consolidated Highlights: Q3FY25 Results

The Company has reported a consolidated net loss of Rs. 1 crore for the Q3FY25 ended 31^st December 2024 as compared to the net loss of Rs. 8 crore for Q3FY24. Consolidated Net sales of the company in Q3FY25 was reported at Rs. 360 crore as against net sales of Rs. 371 crore in Q3FY24 due to softness in domestic demand and continued weakness in tile exports. EBITDA for Q3FY25 stood at Rs. 16 crore (EBITDA Margin 4.41%) as against EBITDA of Rs. 2 crore (EBITDA Margin 0.41%) in Q3FY24, rise of 955% Y-o-Y on account of higher realization and marginal reduction in gas prices. Exports for the Q3FY25 was reported at Rs. 79 crore, rise of 22% Y-o-Y as compared to export of Rs. 60 crore in Q3FY24 mainly on account of quartz export.

Commenting on the results and performance, Mr. Kamlesh Patel, Chairman and Managing Director said, “Strategic initiatives like the AGL demerger, expanding retail presence and showrooms, and appointing Ranbir Kapoor as brand ambassador reflect our strong commitment to growth and ambition to become a global brand. Company is committed with a long-term vision of achieving a total revenue target of Rs. 6,000 Crores. Despite facing challenges such as fluctuations in raw material costs, export policies, and fierce competition that have impacted both business and margins, the company has posted strong results for Q3 and 9 months of FY25. As a key player in the Indian ceramic industry, the company aims to increase market share through continuous product development, new designs, and advanced manufacturing technology for enhanced customer alignment and growth.”

Financial Highlights (Standalone)

	Q3 FY25	Q3 FY24	Y-O-Y	9 Months FY25	9 Months FY24	Y-O-Y
Net Sales (Rs. Cr)	295.45	320.24	-8%	895.73	954.35	-6%
EBITDA (Rs. Cr)	4.03	5.23	-23%	16.47	21.43	-23%
EBITDA Margin (%)	1.36%	1.63%	-27 bps	1.84%	2.25%	-41 bps
Net Profit (Rs. Cr)	1.59	6.35	-75%	8.28	20.25	-59%
Net Profit Margin (%)	0.54%	1.98%	-144 bps	0.92%	2.12%	-120 bps

Standalone Highlights: – Q3 FY25 Results

The Company has reported a standalone net profit of Rs. 2 crore for Q3 FY25 ended 31^st December 2024 as compared to the net profit of Rs. 6 crore in Q3FY24. Standalone net sales for the third quarter of FY24-25 reported negative growth of 8% to Rs. 295 crore as against net sales of Rs. 320 crore in Q3 FY23-24 due to lower price realisation. EBITDA for Q3 FY25 stood at Rs. 4 crore (EBITDA Margin 1.36%) as against EBITDA of Rs. 5 crore (EBITDA Margin 1.63%) in Q3 FY24.

The Composite Scheme of Arrangement involving Demerger, Slump Sale, and Amalgamation between Asian Granito India Ltd and other entities was approved with the requisite majority by shareholders and creditors of the respective companies. Following National Company Law Tribunal order on 25 October 2024, meeting of equity shareholders, secured creditor and unsecured creditors of the company was held on 17 December 2024 and 18 December 2024 in relation to Composite Scheme of Arrangement involving Demerger, Slump Sale as well as Amalgamation between Asian Granito India Ltd, Affil Vitrified Pvt Ltd, Ivanta Ceramics Industries Pvt Ltd, Crystal Ceramic Industries Ltd, Affil Ceramics Ltd, Ivanta Ceramic Ltd, Crystal Vitrified Ltd, Amazoone Ceramics Ltd and AGL Industries Ltd and their respective shareholders and creditors. Company had already received “No Objection” letter from stock exchanges – Bombay Stock Exchange and National Stock Exchange for the same.

Company board on 23^rd November 2024 by way of passing circular resolution approved allotment of 78,02,884 equity shares on conversion of an equal amount of warrants at an issue price of Rs. 48.15 per share (including a premium of Rs. 38.15 per share) to person belonging to the Promoter / Promoter- Group Category, on preferential basis, upon receipt of the amount aggregating to Rs. 28.18 crore. On 15 October 2024 and 8 October 2024 also board approved allotment of 47.14 lakh equity shares and 77.82 lakh equity shares respectively on conversion of an equal amount of warrants. Consequent to this conversion of warrants/allotment of Equity Shares, all the warrants stands converted and no warrants is pending conversion.

Pursuant to conversion of warrants, the Issued, Subscribed and Paid-up Equity Share Capital of the Company stands increased to Rs. 1,47,04,53,160 consisting of 14,70,45,316 fully paid-up Equity Shares of Rs. 10 each. Post the warrants conversion, Promoter Group holding in the company as on 31^st December 2024 has increased to 33.52% from 29.02% on 30^th September 2024.

Company has recently unveiled ‘AGL Tile Guru’ – an innovative knowledge initiative designed to empower and educated customers and stakeholders with the tools they need to make informed choices. This initiative reaffirms AGL’s commitment to enhancing customer experience and engaging with industry professionals. Strengthening its commitment, AGL is hosting ‘Mason Meet’ workshops across India, upskilling masons in Tier 2 and 3 cities with modern construction techniques and premium product management for enhanced craftsmanship.

Highlights: 9M FY25 Results

For the nine months ended 31^st December 2024 (9MFY25), on the consolidated basis, company has reported a net profit of Rs. 4 crore, EBITDA of Rs. 47 crore and net sales of Rs. 1087 crore.

On Standalone basis, the company has reported a net profit of Rs. 8 crore, EBITDA of Rs. 16 crore and net sales of Rs. 896 crore.

In a strategic move to elevate the AGL brand, the company signed Bollywood superstar Ranbir Kapoor as its brand ambassador and launched the “Premium ka Pappa” campaign. With Kapoor’s endorsement, the brand aims to expand its reach, particularly among the youth, advancing its vision of growth and connectivity. Company also launched its 3^rd TVC of the campaign with Ranbir Kapoor in the witty and relatable tagline: “Jo Ranbir Ko Shaadi Mein Nachate Hain, Ghar Mein AGL Tiles Lagate Hain”. “Premium ka Pappa” campaign has already garnered over 17 million views on YouTube alone. The company has also signed Bollywood actress Vaani Kapoor as its brand ambassador for its Bonzer7 brand.

About AGL

Established in the year 2000, AGL has emerged as India’s leading Luxury Surfaces and Bathware Solutions brand in a short span of two decades. The Company manufactures and markets a wide range of Tiles, Engineered Marble and Quartz, Bathware and Faucets. AGL products are synonymous with reliability, adaptability, innovation, quality consciousness and the company has created a strong brand identity, well recognized globally and loyal customer following across segments. Today it is 4^th largest listed ceramic tile company in India with Strength of more than 400 field force.

Ranked amongst the top ceramic tiles companies in India, AGL has achieved over 65 times growth in its production capacity, from 0.83 Million Sq. Mtrs. Per Annum in FY 2000 to 54.5 Million Sq. Mtrs. Per Annum in FY 2023. AGL is also the only tiles company to be acknowledged in the Vibrant Gujarat Summit 2015 for achieving phenomenal growth.

The Company has 14 state-of-the-art manufacturing units spread across Gujarat and 277 plus exclusive franchisee showrooms, 13 company owned display centres across India. Further, the Company has an extensive marketing and distribution network pan India with 18,000 plus touchpoints including distributors, dealers and sub-dealers in India. The company also exports to more than 100 countries.

The Company looks to strengthen its identity as the leader in the Indian ceramic industry by consistently introducing innovative and value-added products in the market to keep pace with its valued customers. Headquartered in Ahmedabad, AGL is listed on NSE & BSE and reported net consolidated turnover of INR 1530.6 crore in FY 2024. (For more information, please visit: www.aglasiangranito.com)

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New Delhi [India], February 10: Xpedeon’s ERP platform* is designed to enhance efficiency, boost productivity, and manage costs effectively by seamlessly integrating digital workflows across Procurement, Inventory, Plant Management, Contract Management, Manufacturing, Payroll, HR, Financial Accounts, Rentals, and Leasing. With its purpose-built capabilities, Xpedeon empowers organizations to achieve streamlined operations and outstanding project performance.

Janak Vakharia has led Xpedeon as Chief Executive Officer since its founding in 1994, transforming the company’s journey from concept to a global ERP solutions provider. His leadership has transitioned Xpedeon from a traditional licensing model to a profitable Cloud/SaaS platform, fostering substantial growth through strategic market expansions and technology advancements.

Janak focuses on scaling Xpedeon’s business and operations for global reach. His responsibilities comprehend developing strategic plans for sales and marketing expansion, especially in key regions like the US, EU, and Asia-Pacific. He is dedicated to building a world-class team to drive revenue and brand visibility while overseeing operational and financial metrics to ensure a profitable SaaS model, guiding the company’s growth trajectory. Mr. Janak Vakharia’s opinion on the pre-budget is, “As we approach the Union Budget, the construction industry is hopeful for a significant boost in government spending on infrastructure projects and affordable housing, which are critical drivers of economic growth and job creation. Construction ERP providers and industry leaders are advocating for tax incentives and subsidies to encourage the adoption of ERP systems and other digital tools. Such measures can significantly enhance productivity, transparency, and cost efficiency in project management, enabling businesses across the sector to thrive in an increasingly competitive environment.

We further urge the government to focus on policy frameworks that support sustainable construction practices, including incentives for green building initiatives and innovations in energy-efficient technologies. These steps will not only strengthen the sector but also align with India’s broader goals of sustainability and digital transformation.”

 Views expressed above are the author’s own and do not reflect the publication’s views.

New Delhi [India], February 8: Public Relations Society of India (PRSI), Kolkata Chapter, in association with Jagriti Dham, Luxury Senior Living observed Senior Citizen’s Day in the 48th International Kolkata Book Fair on 4^th February 2025. Held at the SBI Auditorium, Kolkata Book Fair Ground, the event highlighted crucial topics such as social impact, healthcare, and education for the elderly, making it a significant occasion for community engagement.

The event’s centerpiece was an engaging panel discussion, moderated by Soumyajit Mahapatra, Chairman, PRSI, Kolkata Chapter, the discussion brought together experts from diverse fields who shared their insights on improving the quality of life for senior citizens. The conversation revolved around themes of community engagement, healthcare innovations, and creating a sustainable and inclusive ecosystem for the elderly.

Among the esteemed speakers was Alokananda Roy, renowned dancer and social reformer, who spoke passionately about the transformative impact of art and dance therapy on the mental and emotional well-being of senior citizens. Dr. Dhires Kumar Chowdhury, Managing Director of Banchbo Healing Touch Foundation, shed light on the significance of holistic healthcare for seniors, addressing their physical and emotional needs. Rajendra Khandelwal, Managing Director of Dhanwantary Medicare & Research Centre, shared insights on how healthcare technology can ensure accessibility and affordability for the elderly. Sharmila Majumder, Territory Head (West Bengal, North East, and Andaman) of HelpAge India, stressed the importance of combating social isolation through meaningful community engagement. Sugandha Ramkumar, Principal of ICanFlyy International School, highlighted the need for lifelong learning and skill development programs to keep seniors active and socially included.

The session provided actionable takeaways on how community engagement and innovative solutions can uplift the lives of senior citizens, fostering intergenerational bonding and mutual understanding. Adding a creative dimension to the event, the launch of the book “The Adventures of Appa” was a special highlight. Co-authored by Radhika Singh and Sujatha Murthy and published by Bose Creative Publishers, the book takes readers on a magical journey of adventure, friendship, and life lessons. Its universal appeal struck a chord with the audience, celebrating the timeless connection between generations through storytelling.

During the book launch, Radhika Singh, co-author and Global Lead for Workforce Planning at the British Council, expressed her joy in creating the story, stating, “We wanted to create a story that inspires both young and old, showcasing the beauty of intergenerational relationships.”

Aninda Das, Vice President of Marketing at Infinity Group, remarked, “Infrastructure plays a pivotal role in fostering healthy aging. By creating thoughtful, senior-friendly environments, we ensure dignity, care, and a better quality of life for the elderly.”

Soumyajit Mahapatra, Chairman of PRSI Kolkata Chapter, emphasised the broader significance of the initiative, saying, “This initiative is a step towards reshaping perceptions about senior living. It’s about celebrating their wisdom and ensuring a fulfilling life for our elders. Senior Citizen’s Day at the Kolkata Book Fair is not just about honouring their contributions but also about creating an ecosystem that promotes their well-being and dignity.”

Jagriti Dham, luxury old age home in Kolkata is the key partner in the event, highlighting its mission of redefining senior living through its luxury senior citizen homes. The initiative focuses on creating vibrant, supportive communities for the elderly, bringing comfort, security, and joy to their lives through a holistic approach.

The 48th Kolkata Book Fair, renowned for its cultural vibrancy, provided the perfect platform for such a meaningful event. The celebration of Senior Citizen’s Day at the fair reinforced the importance of addressing societal challenges through actionable solutions. By shedding light on the unique needs and contributions of senior citizens, the event set a benchmark for inclusivity and social responsibility.

The collaboration between PRSI, Jagriti Dham, and other stakeholders demonstrated the power of partnerships in driving positive change for senior citizens. The event paved the way for future initiatives aimed at empowering and celebrating the elderly.

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