Category: Business

  • Supriya Lifescience Delivers Record FY25 Performance with 22 Percent Revenue Growth and 38 Percent Surge in Q4 PAT

    Expansion in global markets, backward integration, and therapeutic focus drive earnings momentum across quarters

    Supriya Lifescience Ltd., a global leader in active pharmaceutical ingredients (APIs), has reported its highest-ever annual revenue of ₹696.48 crore in FY25, marking a 22 percent year-on-year growth over ₹570.37 crore posted in FY24. The company also recorded a 57.8 percent increase in profit after tax for the full year, which stood at ₹187.96 crore compared to ₹119.11 crore in the previous year.
    EBITDA for the year was ₹260.80 crore, with margins expanding to 37.4 percent from 30.3 percent in FY24. Quarterly earnings also saw strong performance. In Q4 FY25, revenue rose to ₹184.11 crore, up 16.4 percent year-on-year. Profit after tax for the quarter reached ₹50.38 crore, up 38.4 percent from ₹36.40 crore in Q4 FY24.
    These results reflect the company’s strategic execution in high-value therapeutic APIs and its growing footprint across 86 global markets.

    EBITDA Margin Expansion Reflects Operational Control
    For FY25, Supriya Lifescience reported a 712 basis point improvement in EBITDA margin, rising to 37.4 percent from 30.3 percent in the previous year. This is attributed to better product mix, efficiencies in manufacturing, and scale gains from increased exports.
    The Q4 margin also improved to 36.7 percent from 35.1 percent in Q4 FY24. The company’s quarterly earnings per share increased to ₹6.29 from ₹4.59 in the same period last year, further reflecting profitability traction.

    Strategic Leadership Commentary
    Chairman and Whole-Time Director Dr. Satish Wagh commented, “FY25 has been a landmark year for Supriya Lifescience, reflecting the strength of our diversified product portfolio, resilient global operations, and consistent focus on operational excellence. With ₹697 crore in annual revenue and ₹261 crore in EBITDA, we are delivering sustainable growth backed by deep therapeutic capabilities.”
    Dr. Wagh emphasized that the company’s focus on anti-histamine, vitamin, anesthetic, and anti-asthmatic APIs continues to support profitability across regulated and semi-regulated markets.

    Therapeutic Focus and Market Penetration
    Supriya Lifescience maintains a diversified therapeutic base with core focus areas that include antihistamines, anti-allergic medications, anesthetics, and vitamin-based APIs. The company serves more than 1,200 customers globally and operates in 86 countries.
    Its strong presence in regulated markets such as Europe, Canada, Brazil, and Southeast Asia is supported by global accreditations from USFDA, EUGMP, PMDA Japan, TGA Australia, WHO, and others.
    The company also reported increased penetration in Latin America and emerging regions with backward integrated manufacturing of key intermediates, which improves cost control and product traceability.

    Strong Compliance Backed by Global Certifications
    Supriya Lifescience’s manufacturing facility in Khed, Ratnagiri is fully cGMP compliant and certified by global regulators including the USFDA, EUGMP, EDQM, Health Canada, and NMPA China. The company holds 14 US Drug Master Files (USDMFs) and eight active Certificates of Suitability (CEPs) for the European market.
    Its regulatory strength has been instrumental in forging exclusive contracts with innovator companies and in-house product development partnerships with global Contract Manufacturing Organizations (CMOs).
    Key FY25 and Q4 Financials

    • FY25 revenue was ₹696.48 crore, up from ₹570.37 crore in FY24
    • EBITDA for FY25 reached ₹260.80 crore, compared to ₹172.98 crore last year
    • PAT increased to ₹187.96 crore, a growth of 57.8 percent
    • PAT margin rose to 27.0 percent from 20.9 percent
    • Q4 revenue was ₹184.11 crore, up from ₹158.18 crore
    • Q4 PAT stood at ₹50.38 crore, up from ₹36.40 crore, with a margin of 27.4 percent

    Research, Innovation, and Pipeline
    The company is focused on expanding its pipeline of differentiated APIs and entering the high-barrier CDMO space. With a dedicated R&D center and process development team, Supriya Lifescience is currently working on 10 new molecules across oncology and central nervous system categories.
    It is also ramping up its filings for CEPs and USDMFs for a new set of APIs in response to rising demand from contract development clients.

    ESG and EHS Commitments
    Supriya Lifescience continues to operate with strong environmental, health, and safety compliance standards. The company has implemented energy optimization, water reuse systems, and sustainable sourcing practices across its facilities. Employee welfare and ethical manufacturing are cornerstones of its long-term business ethos.
    About Supriya Lifescience Ltd.
    Founded in 1987 and headquartered in Mumbai, Supriya Lifescience Ltd. is a globally recognized manufacturer of active pharmaceutical ingredients. Its product portfolio spans anti-allergic, antihistamine, anesthetic, and vitamin APIs. The company operates a WHO-GMP, USFDA, and EU-compliant manufacturing plant in Khed, Ratnagiri, Maharashtra.
    Website: https://www.supriyalifescience.com
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  • GROWiT Raises $3 Million in Series A Round Led by GVFL to Expand Sustainable Farming Solutions Across India and Africa

    With a CAGR of 60 percent and India’s first pocket-sized soil testing device, the agritech pioneer strengthens climate-resilient innovation and R&D scale-up

    GROWiT India Pvt. Ltd., a soil-to-harvest agritech company, has secured $3 million in its Series A round led by climate-tech-focused GVFL. The funding round also saw participation from Veloce Opportunities Fund, JITO Angel Network, We Founder Circle, Sunicon Ventures Fund, Progrowth Ventures, and Hyderabad Angels.
    The funds will be strategically deployed to expand GROWiT’s presence across rural and emerging agricultural markets, particularly Africa and Southeast Asia. The company also plans to invest heavily in R&D, product digitization, and scalable technology infrastructure to support climate-resilient farming.
    With a compounded annual growth rate between 50 and 60 percent over the past three years, GROWiT is now looking to accelerate market penetration and double its active farmer base from 2.25 lakh to over 5 lakh within the next two years.

    Climate-Smart Solutions at the Core of GROWiT’s Product Strategy
    Founded in 2020 by Saurabh Agarwal, GROWiT provides integrated soil-to-harvest solutions for smallholder and marginal farmers. Its key offerings include mulch films, crop covers, weed mats, and India’s first pocket-sized soil health testing device. Launched in April 2025, this tool allows farmers to analyze soil composition and access AI-based crop recommendations in under 10 minutes.
    Agarwal explained that affordable innovations are key to solving the low-yield and high-cost paradox in Indian agriculture. “Our goal is to make climate-resilient, high-productivity farming tools widely accessible. We combine real-time soil data, localized agronomy support, and protective farming solutions to deliver more yields at lower costs,” he said.

    Market and Investor Validation
    Lead investor GVFL, headquartered in Ahmedabad, focuses on backing social impact startups across climate tech, clean energy, agritech, and circular economy domains. The fund has made over 125 investments and exited 75 ventures.
    Managing Director Mihir Joshi noted that agriculture remains one of India’s most under-digitized sectors. “GROWiT’s deep innovation portfolio and rural franchise model are solving this access gap at scale. We believe their approach to data-led, sustainable farming will set the standard for this category,” he stated.
    Franchise Model and Geographic Reach
    GROWiT operates a grassroots distribution model through more than 650 physical franchise stores across 12 Indian states. These stores act as farmer advisory centers, offering agronomic support, product trials, and financing linkages. Each outlet is staffed with local agripreneurs who receive product training, branding support, and field deployment tools.
    This last-mile model has enabled the company to directly onboard more than 2.25 lakh farmers, many of whom previously lacked access to modern tools or soil diagnostics. Farmers who adopted GROWiT technologies have reported yield increases between 40 and 60 percent, with some regions recording up to 100 percent improvement.

    Product Innovation and Pipeline
    Beyond its soil testing device, GROWiT is developing app-based agronomy solutions and portable irrigation tools. It is also scaling its analytics platform to integrate satellite data and machine learning models that can offer predictive insights for disease risk, nutrient deficiencies, and irrigation needs.
    Its mulch films and weed control mats are designed to reduce chemical dependency and improve moisture retention, making them ideal for small plots and climate-stressed regions. All products are ISO certified and tested in field conditions with input from agricultural universities.
    Positioning for International Expansion
    While India remains GROWiT’s core market, the company is preparing to launch pilot programs in Kenya, Ghana, and the Philippines. These regions face similar agricultural constraints, including soil degradation, fragmented farm holdings, and monsoon-related risks.
    The startup’s export strategy will focus on affordable, containerized kits that combine physical products with app-based diagnostics. Initial trials in East Africa have shown promising results, and formal distribution partnerships are under negotiation.

    Sector Landscape and Strategic Vision
    India’s agritech market is projected to reach $35 billion by 2027. The sector is now being shaped by a convergence of climate urgency, farmer awareness, and digital transformation. GROWiT’s vision is to become the most trusted name in protective farming by helping farmers increase productivity while preserving soil health and water efficiency.
    The company has already filed patents for two of its core diagnostic tools and is expanding its research partnerships with Indian Council of Agricultural Research affiliates and global soil science institutes.
    Founded in 2020 and headquartered in Surat, GROWiT India Pvt. Ltd. is an award-winning agritech company offering protective farming technologies from soil to harvest. With 650+ franchise outlets and a presence across 12 states, the company supports over 225,000 farmers.
    Its mission is to double Indian farm output by 2030 through accessible, affordable, and climate-resilient innovation.
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  • AJAX Engineering Crosses ₹2,000 Cr Revenue in FY25 with 16 Percent PAT Growth and New Capacity Pipeline

    Self-Loading Concrete Mixer leader accelerates B2B strategy, expands dealer footprint, and prepares for launch of Adinarayanahosahalli plant in FY26

    AJAX Engineering Ltd., India’s premier concreting equipment manufacturer, has announced a robust financial performance for FY25. The company posted a 19 percent increase in revenue from operations, reaching ₹2,074 crore, and a 15.5 percent year-on-year rise in profit after tax, which stood at ₹260 crore.
    This marks the first time AJAX has crossed the ₹2,000 crore revenue threshold, solidifying its leadership in the self-loading concrete mixer segment, where it holds a 75 percent domestic market share. Its earnings before interest, taxes, depreciation, and amortization for the year came in at ₹318 crore, up from ₹276 crore last year.
    Managing Director and CEO Shubhabrata Saha credited the company’s growth to strategic resilience amid industry-wide regulatory shifts. He highlighted AJAX’s early compliance with the new CEV-5 emission norms and the successful introduction of compliant models ahead of schedule.

    Quarter Four Performance and Margin Trends
    For Q4 FY25, AJAX reported ₹756 crore in revenue, a 15 percent year-on-year increase. Quarterly EBITDA rose slightly to ₹111 crore from ₹109 crore in Q4 FY24. Net profit for the quarter reached ₹91 crore, reflecting a 3 percent increase. Despite strong revenue growth, EBITDA and PAT margins saw minor declines due to transitional investments in capability building and regulatory compliance.
    Chief Financial Officer Tuhin Basu noted that both the SLCM and non-SLCM businesses grew 18 percent year-on-year. Spares and services revenue increased by 33 percent, while exports surged by 29 percent. He added that margin recovery is expected in FY26 as ongoing investments begin to yield operational leverage.
    Strengthening the Core: Product Innovation and Network Expansion
    AJAX continued to enhance its product portfolio during FY25. It remains the only Indian company with indigenous development of a commercial-grade 3D concrete printer and an in-house slip-form paver. These additions strengthen its leadership beyond the SLCM category, enabling it to address advanced paving and construction needs in emerging infrastructure segments.
    The company expanded its dealer network to 51 domestic dealers and 26 international distributors, serving customers in over 48 countries. Its international presence includes operations across South Asia, Southeast Asia, Africa, and the Middle East.

    Adinarayanahosahalli Plant and Capacity Expansion Roadmap
    AJAX is on track to commission its new plant at Adinarayanahosahalli in the second quarter of FY26, with commercial production scheduled for the latter half of the year. This facility will significantly enhance production capacity and enable greater manufacturing flexibility.
    Saha confirmed that this expansion will support the company’s B2B-focused strategy, which includes a dedicated go-to-market approach for institutional buyers outside of the SLCM segment. AJAX expects to scale up its non-SLCM revenue contribution substantially over the next two years.
    Emission Norms and Regulatory Compliance
    One of the defining challenges of FY25 was the industry-wide shift from CEV-4 to CEV-5 emission standards. AJAX took a proactive approach by ramping up its CEV-4 inventory ahead of the regulatory deadline and launching CEV-5 models early. These newer models accounted for nearly one-third of total unit sales in Q4.
    This regulatory preparedness not only minimized disruption but also positioned AJAX as a compliance leader in the Indian construction equipment market.

    Strategic Outlook
    With a robust cash position and a lean working capital model, AJAX is well positioned to invest in innovation and expansion. The management team confirmed that growth initiatives will continue to be balanced by financial prudence, ensuring long-term value creation.
    Looking ahead, AJAX is focused on leveraging its R&D capabilities to expand into new product categories, enhance service revenue, and deepen its global market footprint. Leadership expects to maintain double-digit growth across revenue and earnings metrics in FY26.
    About AJAX Engineering Ltd.
    Founded in 1992 and headquartered in Bengaluru, AJAX Engineering Ltd. is a leading manufacturer of self-loading concrete mixers and a wide range of construction equipment. The company operates world-class manufacturing plants at Doddaballapur and Gowribidanur in Karnataka and is known for its end-to-end solutions in concrete production, transport, and pavement.
    Its product suite includes self-loading mixers, batching plants, transit mixers, boom pumps, slip-form pavers, and stationary pumps. The company maintains a customer support network across more than 100 service points and exports to over 20 countries.
    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedInInstagram, and YouTube.

  • JK Lakshmi Cement Posts ₹361 Cr PAT in FY25 Amid Strong Sustainability and Expansion Plans

    Company consolidates earnings with green power usage, plant upgrades, and robust capex rollout while merger approvals remain pending

    JK Lakshmi Cement Ltd. (JKLC), a flagship company of the JK Organisation, has reported a net profit of ₹361.45 crore for the financial year ending March 31, 2025. While full-year net sales dipped to ₹5,698 crore compared to ₹6,319 crore in FY24, the company improved sequential profitability in the fourth quarter on account of better product mix, operational controls, and fuel cost moderation.
    The cement major posted a standalone PAT of ₹138 crore in Q4FY25, compared to ₹142 crore in the same period last year. Its PBIDT for the year stood at ₹761 crore and profit before tax was ₹492 crore, reflecting operational resilience despite volume and revenue fluctuations.
    Chairperson and Managing Director Vinita Singhania attributed the sequential improvement to higher volumes and enhanced plant efficiency. She also highlighted the company’s steady performance despite industry-wide input pressures.

    Composite Scheme of Arrangement Awaits Regulatory Clearance
    JK Lakshmi Cement has submitted its Composite Scheme of Arrangement for regulatory approval. The scheme proposes to merge its subsidiaries Udaipur Cement Works Ltd., Hansdeep Industries, and Hidrive Developers into JKLC. The appointed date for the merger is set as April 1, 2024, although its impact is not yet reflected in the current financials.
    The company has already approached regulators and awaits approvals to move forward with structural integration across its group companies.
    Green Energy Gains Momentum at Sirohi Plant
    The company’s green initiatives saw measurable progress in FY25. At the Sirohi Cement Plant, JK Lakshmi Cement is implementing a project to raise its Thermal Substitution Rate from 4 percent to 16 percent. In the fourth quarter, the share of renewable energy in the power mix reached 50 percent.
    These sustainability measures not only align with global ESG benchmarks but also improve long-term cost competitiveness in an increasingly regulated environment.

    Capex Update: Multiple Projects Across Five States
    JK Lakshmi Cement is currently executing a multi-state expansion plan across grinding and clinker capacities. Highlights include:

    • Expansion of grinding capacity at Surat from 1.35 million tonnes to 2.7 million tonnes with a ₹225 crore investment. This is funded through ₹150 crore in term loans and the rest through internal accruals.
    • Construction of a dedicated railway siding at the Durg Cement Plant at a cost of ₹325 crore. This will streamline bulk material logistics and reduce carbon intensity per tonne of dispatch.
    • Addition of a new clinker line with 2.3 million tonnes capacity at Durg, along with four new cement grinding units totaling 4.6 million tonnes in Chhattisgarh.
    • Development of split-location grinding units with a total cement grinding capacity of 3.4 million tonnes. These are located in Prayagraj in Uttar Pradesh, Madhubani in Bihar, and Patratu in Jharkhand. This expansion project is expected to cost ₹2,500 crore, to be financed through ₹1,750 crore in bank loans and internal accruals for the balance.

    These investments will boost the company’s total cement capacity closer to its long-term vision of 30 million tonnes by 2030.
    Consolidated Financial Performance
    On a consolidated basis, JK Lakshmi Cement reported ₹6,193 crore in revenue in FY25 compared to ₹6,788 crore in FY24. Profit after tax was ₹302 crore for the year, down from ₹488 crore in FY24. PBIDT stood at ₹911 crore.
    For Q4FY25, consolidated PAT rose to ₹193 crore, a sharp increase from ₹162 crore in Q4FY24. Sales volume for the quarter reached 36 lakh tonnes. For the year, consolidated sales stood at 121 lakh tonnes.

    Awards and Recognition
    JK Lakshmi Cement was honored as the third fastest-growing cement company in India in the medium category at the Indian Cement Review Awards 2025. Its Kalol Grinding Unit received multiple recognitions including a Safety Award from the National Safety Council and a Quality Circle Award from the Bureau of Indian Standards. The Durg Unit earned a four-star safety rating from the National Safety Council and was also recognized for excellence in transportation and supply chain performance in Northern India.
    Market Outlook
    The company remains optimistic about the sector’s outlook. It anticipates a strong year ahead driven by government-led infrastructure spending, road and housing projects, and a favorable interest rate cycle. The management expects improved margins and better realizations with stabilization in fuel and freight costs.
    JK Lakshmi Cement is part of the JK Organisation, a 135-year-old business conglomerate with operations in tyres, paper, textiles, power transmission, and sealing solutions. Founded in 1982, the company has cement plants in Rajasthan, Chhattisgarh, and Gujarat, with split grinding units in Haryana, Odisha, Uttar Pradesh, Bihar, and Jharkhand. It currently has a combined cement manufacturing capacity of 16.4 million tonnes per annum.
    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedInInstagram, and YouTube.
  • Interarch Building Solutions Reports Record FY25 Performance as PAT Rises 25 Percent to ₹108 Crore

    India’s pre-engineered building major reports highest-ever revenue, announces maiden dividend, and outlines 40,000 MT capacity expansion

     Interarch Building Solutions Ltd., a leader in India’s pre-engineered steel construction space, has delivered its strongest annual performance to date. The company reported a 25 percent increase in profit after tax for FY25, reaching ₹108 crore, compared to ₹86 crore in FY24.
    Consolidated revenue for the year climbed to ₹1,454 crore, representing a 12.4 percent year-on-year growth. EBITDA grew to ₹136 crore, up from ₹113 crore last year. The EBITDA margin improved to 9.4 percent, reflecting gains in operational execution and cost efficiency. In Q4 FY25 alone, revenue grew by over 20 percent while profit after tax rose to ₹39 crore, marking a 30 percent increase over the same quarter last year.
    Managing Director Arvind Nanda emphasized that this milestone year is also marked by the company’s first-ever dividend. The board has recommended ₹12.50 per equity share, citing robust cash reserves, a zero-debt balance sheet, and consistent earnings growth.

    Order Book and Capacity Expansion Set the Stage for FY26
    Interarch’s order book stood at ₹1,646 crore as of April 30, 2025. To meet rising demand, the company has fast-tracked multiple facility upgrades. Phase one of its fifth manufacturing plant in Athivaram, Andhra Pradesh, is underway. Phase two, along with a new heavy-structure plant in Kiccha, Uttarakhand, is expected to go live in the first quarter of FY26.
    These expansions will increase Interarch’s total installed capacity from 1,61,000 metric tonnes to nearly 2,00,000 metric tonnes. The company is also establishing a new unit dedicated to pre-engineered heavy steel structures. This facility will cater to high-load, large-scale projects in segments such as data centers, semiconductor parks, and renewable energy installations.
    Strategic Partnerships Fuel Growth Vision
    In FY25, Interarch deepened its collaborations with industry giants Jindal Steel and Power and Moldtek Technologies. These partnerships are focused on driving smart steel-based design in urban infrastructure and high-rise construction. They bring together modular construction methods, optimized timelines, and cost-efficient delivery systems for critical infrastructure projects.
    According to the company, these alliances will help accelerate Interarch’s reach into smart cities, logistics hubs, commercial complexes, and large-format industrial estates.

    Business Segments Diversify to Meet Community Needs
    Interarch’s portfolio now includes both industrial and non-industrial solutions. Its vertical Interarch Life offers prefabricated construction systems for schools, hospitals, and housing projects. These structures are engineered with lightweight wall framing systems that are earthquake resistant and termite proof. They also support rapid deployment and dismantling for reuse.
    In the industrial segment, Interarch’s TracDek® roofing and cladding solutions and TRAC® metal ceilings continued to gain market share. These products are built using recyclable materials, meet strict hygiene standards, and are deployed in sectors including healthcare, warehousing, and education.
    FY25 Financial Overview
    Revenue reached ₹1,454 crore in FY25, compared to ₹1,263 crore the previous year. EBITDA rose to ₹136 crore, an increase of more than 20 percent. Net profit rose to ₹108 crore. Earnings per share for FY25 stood at ₹68.51, up from ₹58.68 in FY24.
    For Q4 FY25, revenue totaled ₹464 crore and profit after tax was ₹39 crore. These figures represent the company’s strongest quarterly results ever. The board’s proposal of a ₹12.50 per share dividend represents a 125 percent payout on a ₹10 face value share.

    About Interarch Building Solutions Ltd.
    Interarch was founded in 1983 and today stands as one of India’s largest integrated providers of turnkey pre-engineered steel buildings. With over four decades of experience, the company has delivered more than 5,000 projects in sectors ranging from automotive and logistics to public infrastructure and real estate.
    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedInInstagram, and YouTube.

  • Ajay Devgn’s Prismix Studios Partners with Get Set Learn to Transform Life Skills Education in India

    AI-powered storytelling meets K–12 education in a visionary alliance aimed at embedding empathy, communication, and collaboration into classrooms

    Get Set Learn (GSL), a K–12 education platform focused on future skills and backed by the Arvind Mafatlal Group, has entered into a transformative collaboration with Prismix Studios, a next-generation media company chaired by actor and producer Ajay Devgn. This partnership is poised to reshape how students across India learn essential human skills by delivering emotionally resonant, AI-enhanced storytelling content into school ecosystems.
    Founded by Vatsal Sheth, with Sahil Nayar as Chief Creative Officer and Danish Devgn as Chief Business Officer, Prismix Studios is driven by the belief that storytelling can become the core pedagogical tool in the age of generative AI. Together with Get Set Learn, the studio will co-create original, short-format learning content that reflects real-world scenarios while teaching skills such as empathy, teamwork, emotional intelligence, and resilience.

    Addressing the Gap Between Curriculum and Character
    As India aligns with the vision of the National Education Policy 2020, there is a growing call to teach not only academic subjects but also human values. According to Priyavrata Mafatlal, Co-founder at Get Set Learn and Vice Chairman of Arvind Mafatlal Group, this partnership intends to humanize education by making life skills feel personal and relatable.
    “Education must evolve to meet the needs of tomorrow. With this collaboration, we aim to infuse culture, emotion, and relevance into how students learn,” said Mafatlal. “Our vision is to reach every learner across India, whether in metropolitan schools or rural classrooms, with tools that prepare them to thrive in a world influenced by artificial intelligence and driven by empathy.”

    Making Learning Multilingual, Inclusive, and Personal
    Get Set Learn plans to distribute the content in multiple languages, ensuring it reaches a wide and diverse student base. Co-founder and CEO Ameet Zaverii explained that today’s learners are digital-first. They are more responsive to short, visual content that mimics the format of the platforms they already engage with.
    Each video will not only reflect classroom goals but also incorporate adaptive, AI-personalized layers. The approach will integrate storytelling with local context and emotional triggers that make learning stick.

    Co-Designing the Future of School-Based Media
    “Students are not just passive consumers. They seek stories that mirror their own experiences,” said Vatsal Sheth. “This collaboration merges GSL’s insights on learners with our ability to tell stories that make children feel seen and heard.”
    Actor and chairman Ajay Devgn echoed the sentiment, sharing that storytelling has always been a vehicle for change. The initiative will allow his studio to blend entertainment with education, ultimately reaching students where they are—inside the classroom and beyond.

    Beyond the Classroom: Expanding into OTT and Public Platforms
    While the content will debut within GSL’s institutional network, the collaboration plans to expand into OTT platforms, government learning programs, and private training systems. These efforts aim to create a broader awareness around human skills, moving them from the sidelines of the syllabus to the center of learning experiences.
    Sahil Nayar, Chief Creative Officer at Prismix Studios, emphasized that their focus is not just on what students learn but how they feel while learning. “Every story we tell will connect with the learner emotionally. We want to create perspective, not just memorization.”

    About Get Set Learn
    Get Set Learn (GSL) is an education startup focused on making character education and future-ready skills central to India’s K–12 learning systems. It creates engaging programs around empathy, resilience, and collaboration, and is backed by the Arvind Mafatlal Group.
    Website: https://getsetlearn.in
    Instagram: @getsetlearn.in
    About Prismix Studios
    Prismix Studios is an AI-powered storytelling company that produces content with purpose. Founded by Vatsal Sheth, Danish Devgn, and Sahil Nayar, and chaired by Ajay Devgn, the studio focuses on content that combines emotional impact with generative technology.
    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedInInstagram, and YouTube.

  • Ester Industries Posts ₹14 Cr Consolidated Profit in FY25, Marks Turnaround with 4735% EBITDA Growth

    Specialty polymers and recycled PET drive recovery. BOPET Films gain momentum as sustainability mandates take effect

    Ester Industries Ltd., India’s leading manufacturer of polyester films and specialty polymers, reported a consolidated net profit of ₹14 crore for FY25, marking a significant recovery from a loss of ₹121 crore in FY24. The company’s EBITDA surged to ₹164 crore, up from just ₹3 crore the previous year. This represents a year-on-year increase of over 4735 percent.
    This turnaround was driven by growth in both primary business segments. Polyester film and specialty polymers each contributed to improved margins. Demand for recycled PET, alongside a strategic product mix shift, added further momentum. Total consolidated revenue for FY25 stood at ₹1,298 crore, up 19 percent from ₹1,090 crore in FY24.
    Chairman Arvind Singhania credited the transformation to increased focus on high-value products and leaner operations. He cited stronger demand-supply alignment and expansion of the specialty polymers division as core drivers.

    Polyester Films Respond to New Environmental Compliance
    The film business returned to profitability in FY25 with a 15 percent rise in operational revenue. The improved performance was largely driven by better margins in value-added BOPET films. Following the April 2025 enforcement of India’s Plastic Waste Management Rules, which require 10 percent recycled content in flexible packaging, demand for recyclable polyester films is surging.
    Ester confirmed that it holds the necessary certifications to supply BOPET films with varied levels of post-consumer recycled (PCR) content. The company anticipates further growth in this segment as brand owners adopt more environmentally compliant packaging solutions.
    Specialty Polymers Showcase Strong Momentum
    The specialty polymers business continued its upward trajectory. Revenue in this segment increased 72 percent year-on-year. EBIT rose 164 percent compared to FY24. Sales of Ester’s proprietary MB03 increased from 948 metric tonnes to 1,323 metric tonnes. Sales of innovative PBT products nearly doubled from 772 metric tonnes to 1,484 metric tonnes in FY25.
    Recycled PET products also recorded significant gains. Although margins in this sub-segment are lower than in traditional specialty polymers, volume growth and higher realizations contributed positively to overall performance.

    Strategic Circular Economy Push with Loop Industries
    Ester reaffirmed that its joint venture with Canadian recycling leader Loop Industries Inc. is proceeding as planned. The 50:50 venture, named Ester Loop Infinite Technologies Pvt. Ltd., aims to develop India’s first infinite loop manufacturing facility for DMT and MEG production from PET waste using Loop’s patented depolymerization technology.
    The facility supports India’s transition toward a circular plastics economy and complements Ester’s ongoing push to evolve from commodity film manufacturing to sustainable materials leadership.
    Financial Performance Overview
    The standalone EBITDA reached ₹134 crore in FY25, compared to ₹23 crore in FY24, while consolidated revenue rose 19 percent to ₹1,298 crore. The EBITDA margin improved sharply to 13 percent, up from just 0.3 percent a year ago. Net profit for the consolidated business reached ₹14 crore after a previous loss of ₹121 crore. The board has proposed a final dividend of ₹0.60 per equity share, pending shareholder approval at the upcoming AGM.

    Building for Sustainability and Scale
    Ester Industries holds over 18 granted patents and maintains three advanced manufacturing sites across India. The company exports to more than 50 countries across North America, Europe, Asia-Pacific, and the Middle East. It services diverse sectors including flexible packaging, textiles, consumer electronics, and technical applications.
    With a 550-member workforce and ISO 9001, ISO 14001, ISO 45001, ISO 50001, and FSSC certifications, Ester aims to further expand its leadership in sustainable plastics innovation.
    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedInInstagram, and YouTube.
  • Paytm Launches ‘Hide Payment’ Feature to Strengthen User Privacy in Digital Transactions

    India’s leading payments platform introduces subtle control in how transactions are displayed

    Paytm, operated by One97 Communications Ltd, has introduced a new privacy-first feature called ‘Hide Payment.’ This function allows users to conceal selected transactions from their payment history, offering more discretion without compromising security or access.
    Available through the latest Paytm app update, this feature emerged from customer feedback. It allows individuals to hide specific payments in the “Balance & History” section. To unhide a transaction, users must authenticate through either a PIN or biometric verification. The Paytm team emphasized that this function does not delete transaction data but simply alters its display within the app’s interface.
    A Paytm spokesperson stated that modern users want intuitive ways to manage visibility. The ‘Hide Payment’ capability directly answers that need, providing control while retaining full data integrity for reconciliations, audits, and reporting.

    Real-World Use Cases for Modern Privacy Needs
    For daily digital life, ‘Hide Payment’ is useful across numerous personal and professional situations. A user might prefer to hide transactions related to surprise gifts, pharmacy purchases, health consultations, or business reimbursements that should not clutter shared financial views. It also benefits individuals using shared family accounts or those managing business and personal payments through a single interface.
    To hide a transaction, users simply swipe left on the entry in their payment history and select the ‘Hide’ option. If they later wish to reverse it, they can go to the settings menu, navigate to “View Hidden Payments,” and verify access. Once authenticated, the transaction reappears in the standard history view.

    Strengthening India’s Digital Finance Experience
    ‘Hide Payment’ joins a growing suite of consumer-centric features introduced by Paytm. The company has recently rolled out UPI Lite, which allows for frictionless micropayments. Other updates include the integration of RuPay Credit Cards with UPI, AutoPay for recurring subscriptions, and QR Widgets for faster scanning.
    In addition to domestic features, Paytm now facilitates international UPI transactions. Users can initiate and receive cross-border payments across the United Arab Emirates, Singapore, France, Bhutan, Sri Lanka, and Mauritius. This step aligns with Paytm’s long-term vision to become a truly borderless financial interface for Indians at home and abroad.

    Paytm’s User-First Design Philosophy
    With over 300 million registered users and a merchant network reaching millions, Paytm has firmly established itself as India’s top digital finance platform. The ‘Hide Payment’ feature builds on this trust by allowing consumers to manage how they view and present their transaction records. The ability to compartmentalize financial data enhances both privacy and personalization without compromising backend compliance.
    In its latest update, the company highlighted that real-world behavior and digital responsibility continue to shape its product roadmap. The aim is not just convenience but intelligent control over digital financial tools.

    Paytm, founded and operated by One97 Communications Ltd, is India’s most widely adopted digital payments and financial services platform. It introduced mobile QR payments to India and remains a leader in fintech integrations. Today, Paytm supports transactions across retail, travel, healthcare, utilities, and education, while also offering insurance, ticketing, subscription tools, and merchant support.
    Its offerings include Soundbox for merchants, UPI services, Paytm Wallet, and linked financial instruments for everyday usage. As Paytm evolves, it maintains a single vision: to serve India with scalable, intuitive, and secure financial tools for all contexts.
    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedInInstagram, and YouTube.

  • Barracuda Networks Appoints Michelle Hodges as SVP of Global Channels and Alliances

    Cybersecurity company Barracuda names a seasoned expert to expand partner collaboration and market presence

    Barracuda Networks, a global provider of cybersecurity solutions, has appointed Michelle Hodges as its new Senior Vice President of Global Channels and Alliances. With over 20 years of experience across major technology companies, Hodges will lead Barracuda’s global partner program and channel development efforts.
    Hodges previously served as SVP of Global Channels and Alliances at Ivanti, where she revamped partner models and scaled the business globally. She has also held executive roles at GitLab, VMware, SAP, Microsoft, Riverbed, and Gigamon. Her leadership approach is backed by proven success in optimizing alliance programs and unlocking new revenue paths for enterprise partners.

    Channel Strategy and Program Enhancement
    At Barracuda, Hodges is expected to guide the Partner Success Program into its next phase, focusing on ease of doing business, product readiness, and mutual growth.
    According to Geoff Waters, Chief Revenue Officer at Barracuda: “Michelle understands channel dynamics at every level. She’s not here to impose a template, but to build a system that works across varied global markets.”
    Recognized by CRN as a Channel Chief, Hodges has been featured among the Power 100 Women of the Channel, and highlighted by Channel Futures as a cybersecurity leader.

    Professional Background
    Hodges holds a Master of Business Administration and a Master of Arts in International Policy Studies from the Middlebury Institute of International Studies. She earned her BA from Whittier College in French Literature and Philosophy.
    She said, “Barracuda’s position as a channel-first company aligns with my experience. Our mission now is to refine how partners engage, sell, and support customers using our security products.”

    About Barracuda
    Founded in 2003, Barracuda Networks, Inc. delivers cloud-first security solutions for email protection, data protection, network security, and managed XDR. The company supports over 200,000 organizations worldwide.
    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedInInstagram, and YouTube.