Business

BLS International Services Ltd has reported a robust financial performance for the fourth quarter and the full fiscal year ending March 31, 2025, fueled by a resurgence in global travel and a sharp uptick in its visa, consular, and digital services businesses. The company’s consolidated net profit jumped 69.9% year-over-year to Rs. 145.2 crore in Q4, while annual profit surged 65.7% to Rs. 539.6 crore. Total revenue for FY25 reached Rs. 2,193.3 crore, up 30.8% from the previous year.

Kalpataru Projects International Ltd. (KPIL) has posted a solid financial performance for the fourth quarter and full fiscal year 2024–25, driven by strong growth in its core engineering, procurement, and construction (EPC) business. The company’s consolidated net profit for Q4 surged over 29% to Rs. 218.17 crore, supported by a significant rise in revenue. For the fiscal year, total income exceeded Rs. 22,000 crore for the first time, while the company closed the year with its highest-ever order book at Rs. 64,495 crore.

In an era marked by volatility and growing complexity, Suresh Narayanan, Chairman of Nestlé India, has issued a clarion call for a cultural shift in corporate leadership. Speaking at the second edition of the HR and L&D Conclave, Narayanan emphasized that Indian corporations must cultivate leaders grounded in empathy, ethics, and long-term vision rather than short-term performance metrics.

Eureka Forbes Ltd has reported a striking twofold increase in consolidated net profit for the March 2024 quarter, underscoring the success of its ongoing business transformation under private equity ownership. Backed by strong product sales, operational efficiencies, and strategic innovation, the company posted a net profit of Rs. 49.48 crore, compared to Rs. 21.38 crore a year earlier. Revenues rose over 10%, while EBITDA margins reached a lifetime high of 13%. For the full fiscal year, net profit surged 72%.

In a strategic move to align with regulatory mandates on public shareholding, the Sajjan Jindal Family Trust divested a 2% stake in JSW Infrastructure, India’s second-largest private port operator, raising Rs. 1,210 crore through an open market transaction. This development is part of a broader compliance initiative with the Securities and Exchange Board of India's (SEBI) minimum public shareholding (MPS) rules, which require newly listed companies to ensure 25% public ownership within a set timeframe.

Vodafone Idea (VIL), India’s beleaguered telecom operator, has sounded a grave warning to the government, stating that it will be forced to shut operations beyond FY26 unless immediate relief is provided on its Adjusted Gross Revenue (AGR) dues. In a letter to the Department of Telecommunications (DoT), VIL CEO Akshaya Moondra urged intervention, stressing that without government support, the company’s ongoing funding discussions with banks would collapse, and its capital investment cycle would stall.

Emami Ltd, one of India’s leading fast-moving consumer goods (FMCG) companies, reported a 10.5% year-on-year rise in consolidated profit after tax for the quarter ended March 2025, reaching Rs. 162.17 crore. The growth was underpinned by robust performance in its core business and steady volume expansion. Revenue from operations grew to Rs. 963.05 crore, while total income climbed to Rs. 984.21 crore. For the full fiscal year, Emami’s profit rose by nearly 11% to Rs. 802.74 crore.

Garware Technical Fibres, a key player in the technical textiles industry, reported a modest year-on-year increase of 1.4% in consolidated profit after tax (PAT), reaching Rs. 71.05 crore for the fourth quarter of FY25. Despite the relatively flat profit growth, the company achieved a healthy 13% increase in revenue, driven primarily by its robust geosynthetics segment and expanding aquaculture business in Chile. While profit before tax (PBT) faced headwinds due to reduced other income, operating EBITDA improved by 17% year-over-year.

In the wake of Turkiye's vocal support for Pakistan during the recent Operation Sindoor conflict, jewellers in Lucknow have imposed a self-declared boycott on all Turkish-origin jewellery. Once a popular commodity—particularly during the recent Akshay Tritiya festival—Turkish jewellery has now been pulled from shelves as a form of economic protest. This local commercial response reflects a broader national sentiment, as diplomatic tensions between India and Turkiye escalate.

Rajesh Power Services, a consultancy and EPC firm based in Ahmedabad, has reported a significant surge in profitability for the fiscal year 2024–25, with net profit more than tripling to Rs. 93.36 crore from Rs. 26.02 crore in the previous year. The company also recorded a substantial jump in total income to Rs. 1,114.66 crore, underscoring its growing footprint in the power transmission and infrastructure sectors. Backed by fresh orders worth Rs.