Shyam S Bhartia, Chairman, and Hari S Bhartia, Co-Chairman of Jubilant Pharmova Limited, say the sterile injectables expansion helped deliver 17 percent revenue growth in Q3 FY26
Category: Business
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Jubilant Pharmova leans on sterile injectables as new capacity comes on stream
Mumbai, 6 February 2026: Jubilant Pharmova Limited reported steady operating momentum in the third quarter of FY26, supported by higher contributions from its CDMO Sterile Injectables business as new capacity began to scale. The company recorded revenue of ₹2,123 crore for the quarter ended December 31, 2025, reflecting year on year growth of 17 percent. For the nine month period, revenue stood at ₹5,990 crore, up 13 percent from the corresponding period last year.
Commenting on the performance, Shyam S Bhartia, Chairman, and Hari S Bhartia, Co-Chairman and Non Executive Director of Jubilant Pharmova Limited, said the revenue growth was driven by incremental output from the third line in the CDMO Sterile Injectables business. They added that EBITDA growth was supported by improved performance in the sterile injectables and CRDMO segments, even as margins were temporarily affected by remediation related downtime at the Montreal facility.
For the nine month period, EBITDA increased 10 percent year on year to ₹963 crore, while normalised PAT rose 13 percent to ₹313 crore, supported by improved operating performance and lower finance costs. Net debt to EBITDA remained stable at 1.3 times as of December 2025, compared with 1.5 times in September 2025.
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A leadership transition sets the tone for Kärcher India’s next phase of growth
Puneet Sharma takes charge as Managing Director of the Alfred Kärcher India Network, bringing three decades of multi-sector leadership experience
New Delhi, 6 February 2026: Kärcher India has appointed Puneet Sharma as Managing Director of the Alfred Kärcher India Network, effective 21 January 2026. The appointment marks a leadership transition as the company looks to strengthen its presence and scale operations across the Indian market.
Sharma brings over 30 years of leadership experience spanning commercial, manufacturing, and engineering-led organisations. Over the course of his career, he has held senior roles including Managing Director, Chief Executive Officer, and Board positions, with responsibilities covering full profit and loss ownership, operational excellence, and the management of large, multi-location businesses.His previous assignments include leadership roles at organisations such as Konecranes and Demag, Kohler Group, Greaves Cotton, and Cummins India, where he was involved in driving growth initiatives, strengthening operational platforms, and building scalable business models across industrial and engineering sectors.
Academically, Sharma holds a Bachelor of Engineering in Mechanical Engineering from Delhi College of Engineering and an MBA from Indiana University in the United States. Known for a people-centric leadership style and a strong execution focus, he is expected to play a key role in advancing Kärcher India’s growth ambitions while reinforcing its leadership position in professional and consumer cleaning solutions.Commenting on his appointment, Sharma said he was joining Kärcher India at a time when the company’s focus on hygiene and cleaning aligns closely with national priorities such as Swachh Bharat. He said the organisation’s emphasis on innovation and quality resonates with the growing need for advanced hygiene solutions across communities, and that his focus would be on building future-ready capabilities that support both business growth and the Clean India movement.
Welcoming the appointment, Prashanth Srirangam, Director at Kärcher India, said Sharma’s extensive industry experience and strategic leadership capabilities would be instrumental in accelerating the company’s growth trajectory and strengthening its position in the Indian market.Kärcher India said it looks forward to Sharma’s leadership as the company continues to expand its footprint and deepen its engagement across professional, industrial, and consumer segments.
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Lower power costs take centre stage as MSMEs get a new route to rooftop solar adoption
Axis Bank introduces a collateral free financing product aimed at helping small businesses shift to self owned solar energy systems
Mumbai, 5 February 2026: Axis Bank has introduced Rooftop Solar Finance, a dedicated financing solution designed to support micro, small, and medium enterprises in adopting solar energy and reducing long term power costs through energy self reliance.
The product enables MSMEs to install self owned rooftop solar systems without stressing working capital or balance sheets. Under the offering, eligible enterprises can access collateral free loans ranging from ₹10 lakh to ₹2 crore, with flexible repayment tenures between four and seven years.According to the bank, the structure is aimed at making solar adoption financially viable for small businesses by aligning loan repayments with the savings generated from lower electricity expenses. By shifting to rooftop solar, MSMEs can gain greater predictability over energy costs while improving operational resilience.
The financing solution is available across India through Axis Bank’s branch network. To support execution quality, the bank has partnered with leading original equipment manufacturers to ensure reliable system installation and performance standards.Axis Bank has also tied up with a technology partner to provide MSMEs with end to end visibility throughout the solar adoption process. This includes clarity on system costs, estimated energy savings, and execution timelines, helping businesses make informed investment decisions.
The launch comes as MSMEs face rising energy expenses and increasing pressure to improve sustainability performance. By enabling access to solar infrastructure ownership, the bank said the initiative supports both cost optimisation for enterprises and India’s broader clean energy transition.
Axis Bank said the product reflects its focus on building practical financial solutions that help MSMEs adopt renewable energy while strengthening long term business viability.At Prittle PrattleNews, featuring you virtuously, we celebrate the commitment and innovation. Led by Editor-in-Chief Smruti Bhalerao, our platform is dedicated to sharing impactful stories that inspire change and create awareness. Follow us on LinkedIn, Instagram, and YouTube for more stories that matter.
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From ₹47.47 Crore to ₹100 Crore, the Next Revenue Milestone for Abhi Eggs
Co founder S. V. V. Dora Reddy said the brand is aiming for ₹100 crore in FY26 and is evaluating export opportunities in the Middle East and South East Asia.
Hyderabad, Telangana, February 5, 2026: A nutri enriched egg brand is preparing for a significant revenue milestone as Abhi Eggs targets ₹100 crore in FY26, nearly doubling its year on year turnover after closing FY25 at ₹47.47 crore.
The growth strategy is anchored in scaling up production capacity, strengthening supply chain management, and expanding the product portfolio. Abhi Eggs operates a fully controlled, antibiotic free farming model, with all eggs produced in house at its poultry farms in Ravulapalem, Andhra Pradesh.The concept for nutri enriched eggs was conceived in 2018 by founder G. Satyanarayana Reddy, inspired by a personal effort to provide better nutrition to his grandson. Following its formal launch in November 2020, the brand has seen steady traction amid increasing consumer preference for clean label and nutrition focused food products.
Abhi Eggs maintains end to end control across farming, feed formulation, and bird health management. The production process emphasises preventive bird health practices, vegetarian feed, and nutrient fortification. Quality and nutritional consistency are supported by regular testing through NABL accredited laboratories, without the use of antibiotics.Speaking on the company’s growth plans, S. V. V. Dora Reddy, Co founder of Abhi Eggs, said the brand has evolved from a family driven initiative into a purpose led business focused on everyday nutrition. He said the company is confident of reaching the ₹100 crore mark in FY26, driven by scale, portfolio expansion, and wider market reach. He added that the company is actively evaluating export opportunities in the Middle East and South East Asia, where demand for nutritionally enriched food products continues to rise.
Currently operating at a daily capacity of 18 to 20 lakh eggs, Abhi Eggs’ portfolio includes India’s first D.O.S.E egg, along with Vitamin D3, Nutri Plus, and Gold Plus variants. The brand has established a pan India presence across 50 cities in 17 states and three union territories, with availability through modern trade, quick commerce platforms, e commerce channels, and leading regional retail chains.
As the company scales operations, it has stated that maintaining full control over quality, farming practices, and nutritional integrity will remain central to its growth approach.At Prittle PrattleNews, featuring you virtuously, we celebrate the commitment and innovation. Led by Editor-in-Chief Smruti Bhalerao, our platform is dedicated to sharing impactful stories that inspire change and create awareness. Follow us on LinkedIn, Instagram, and YouTube for more stories that matter.
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As WSDS turns 25, India positions sustainability talks around action, diplomacy, and the Global South
TERI leadership says the 2026 edition of the World Sustainable Development Summit will move beyond dialogue to implementation aligned with global climate priorities
Mumbai, 5 February 2026: The Energy and Resources Institute convened a pre event press conference in New Delhi to outline the vision, priorities, and global context for the 25th edition of the World Sustainable Development Summit, scheduled to be held from 25 to 27 February 2026. The interaction was hosted at the India Habitat Centre and set the stage for the Silver Jubilee edition of the Summit.
Over the last 25 years, WSDS has evolved into a globally recognised platform shaping sustainability discourse across climate action, energy transitions, and sustainable development. Through the Summit, TERI has brought together governments, multilateral institutions, industry, finance, and civil society, with a consistent emphasis on Global South perspectives and South South cooperation.The 2026 edition marks a quarter century of the Summit’s journey, with TERI positioning the milestone edition as a shift from vision setting and dialogue toward action oriented partnerships and policy relevant outcomes. The Summit is expected to complement India’s global climate engagement, particularly in the context of upcoming international and multilateral priorities.
Welcoming the media, Vibha Dhawan, Director General of TERI, outlined the relevance of the Summit against the backdrop of climate, development, and geopolitical challenges. She said the umbrella theme “परिवर्तन | Transformations: Vision, Voices, and Values” reflects WSDS’s evolution from inclusive conversations to accelerated implementation. She explained that the theme integrates forward looking strategies, participatory engagement, and value driven approaches to sustainability.Delivering a special address, Leena Nandan, Distinguished Fellow at TERI and former Secretary in the Ministry of Environment, Forest and Climate Change, reflected on the role of policy coherence and institutional capacity in environmental governance. She said the Silver Jubilee edition would bring together future oriented ideas, implementation focused narratives, and a renewed emphasis on hope and collaboration in sustainability action.
Presenting an overview of the Summit, Shailly Kedia, Curator of WSDS and Director at TERI, highlighted the key themes, focus areas, and expected outcomes of the 2026 edition. She underlined WSDS’s role as a science policy platform enabling evidence based dialogue and multi stakeholder engagement.Offering a diplomatic and global perspective, Manjeev Singh Puri, Distinguished Fellow at TERI and former Indian diplomat, emphasised the importance of international cooperation and Global South leadership in addressing climate and sustainability challenges. He said while sustainability challenges are global, solutions must be rooted in local action, adding that WSDS plays a unique role in bringing science, policy, and practice together in a Global South context.
Concluding the session, Sanjay Seth, Chairperson of the WSDS Silver Jubilee Committee and Senior Director at TERI, reflected on the Summit’s legacy over the past 25 years. He said strengthening Global South voices remains central to WSDS’s purpose and invited media stakeholders to engage with the Summit as partners in shaping sustainability narratives and transitions.WSDS 2026 is expected to bring together leaders from policy, industry, finance, technology, and civil society, with discussions anchored in real world implementation and measurable outcomes. TERI said the Summit aims to reinforce India’s role in advancing sustainable development discourse while catalysing partnerships that translate ideas into action.
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Four Cosmo businesses line up new launches for a unified presence at PLASTINDIA 2026
Group CEO Pankaj Poddar says the participation reflects Cosmo First’s integrated approach across films, chemicals, rigid packaging, and consumer solutions
Mumbai, 6 February 2026: Cosmo First will present multiple new product launches across its businesses at PLASTINDIA 2026, being held from 5 to 10 February at Bharat Mandapam, New Delhi. The company is participating as a Gold Sponsor and Lanyard Sponsor and will exhibit at Stand No. 14 in Hall H3G.
PLASTINDIA is regarded as a key industry forum for plastics and packaging, with a focus on performance driven and sustainable solutions. Cosmo First’s participation brings together innovations from four of its businesses, Cosmo Films, Cosmo Speciality Chemicals, Cosmo Plastech, and Cosmo Consumer, highlighting the group’s end to end capabilities across the value chain.Cosmo Films will present its portfolio of specialty films, including Cosmo Green Graphics, a PVC free range developed for signage and display applications. The showcase also includes lidding films for dairy, ready to eat, and fresh food packaging, as well as advanced retort and heat seal coated films designed for high temperature and high barrier food applications.
Cosmo Speciality Chemicals will feature its growing range of extrusion and additive masterbatches, oil and grease resistant coatings, and heat seal coatings. These products are designed to improve barrier properties, sealing efficiency, and functionality across flexible packaging, lamination, and converting applications. The company will also introduce new offerings at the exhibition, including black and matte paint protection films, ceramic coatings, and ESD sheets.Commenting on the participation, Pankaj Poddar, Group CEO of Cosmo First, said PLASTINDIA provides an opportunity to engage with global stakeholders while demonstrating how the group’s diversified businesses collectively address evolving industry requirements. He said the company’s presence reflects a focus on integration, innovation, and customer aligned solutions across applications.
Cosmo Plastech, the group’s rigid packaging arm, will showcase rigid sheets, IML and non IML containers, and thermoformed packaging solutions catering to FMCG and consumer packaging needs, with emphasis on quality consistency and food safety standards. ESD sheets developed for electronics and industrial applications will also be featured.Cosmo Consumer will present its portfolio of window films, paint protection films, and ceramic coatings, serving automotive, architectural, and surface protection requirements with a focus on durability, heat rejection, and aesthetics.
With increasing demand for specialty and high performance plastic solutions across food, healthcare, e commerce, medical, and industrial segments, Cosmo First continues to invest in research and development, capacity expansion, and advanced applications. Company representatives will be available throughout the six day exhibition to engage with visitors, discuss technical requirements, and explore collaboration opportunities.At Prittle PrattleNews, featuring you virtuously, we celebrate the commitment and innovation. Led by Editor-in-Chief Smruti Bhalerao, our platform is dedicated to sharing impactful stories that inspire change and create awareness. Follow us on LinkedIn, Instagram, and YouTube for more stories that matter.
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A legacy landholding tied to Madurai’s industrial history finds a new chapter through a plotted development by G Square Group
Founder and Managing Director Bala Ramajayam says the acquisition honours the TVS legacy while opening access to residential and commercial ownership in the city core
Mumbai, 4 February 2026: G Square Group has acquired a five acre heritage land parcel in the heart of Madurai from the legacy owners of the TVS Group, marking one of the city’s most significant recent real estate transactions. The land was formerly owned by the late T. V. Sundaram Iyengar and is believed to be the TVS Group’s first landholding in Madurai, giving it strong historical and cultural relevance.
The acquisition represents the transition of a distinguished legacy property into a planned residential and commercial plotted community, while retaining its long standing association with Madurai’s industrial and economic evolution.G Square Group has announced the project name as G Square Temple View Square (TVS), a premium plotted development located in Periyar, Madurai. The name reflects the historical connection of the land with T. V. Sundaram Iyengar and the TVS legacy. The project is situated close to the Periyar Bus Stand and near the Meenakshi Amman Temple, offering central city connectivity alongside proximity to one of Madurai’s most revered landmarks.
Speaking on the acquisition, Bala Ramajayam, Founder and Managing Director of G Square Group, said the transaction held personal and professional significance. He noted that his first commercial land deal in 2011 was with the TVS Company, and being entrusted with one of T. V. Sundaram Iyengar’s original landholdings reflected a relationship built on trust over the years. He said the project represents G Square’s intent to handle legacy assets with responsibility while making plotted development accessible to Madurai’s growing middle class.The overall land parcel, valued at approximately ₹300 crore, spans five acres, with 1.63 acres allocated for residential development, two acres earmarked for commercial use, and the remaining area designated for infrastructure and common amenities. The project will comprise 55 plots in total, including 50 residential plots and five commercial plots, catering to both end users and long term investors.
Residential plots are priced from ₹15,990 per square foot onwards, translating to ₹69.64 lakh per cent onwards. Commercial plots are priced from ₹25,990 per square foot onwards, with values starting at ₹1.13 crore per cent. The location near the Periyar Bus Stand provides access to educational institutions, colleges, healthcare facilities, and other essential urban infrastructure.G Square Group follows a no cash policy, ensures clear documentation, and maintains full transparency across transactions. Through its Build Assist offering, the company provides post purchase construction guidance, supporting customers from documentation to home completion, with the stated aim of simplifying the journey from plot acquisition to home ownership.
At Prittle PrattleNews, featuring you virtuously, we celebrate the commitment and innovation. Led by Editor-in-Chief Smruti Bhalerao, our platform is dedicated to sharing impactful stories that inspire change and create awareness. Follow us on LinkedIn, Instagram, and YouTube for more stories that matter.
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Architecture and design leaders converge in Kolkata as MATECIA and Surfaces Reporter conclude three day regional showcase
Event Director Verticaa Dvivedi says strong participation and regional representation underline East and Northeast India’s growing design ecosystem
Kolkata, 5 February 2026: The MATECIA Exhibition, held alongside the Surfaces Reporter Architecture Event, concluded its East and Northeast India edition at Biswa Bangla Mela Prangan in Kolkata after a three day run from 30 January to 1 February 2026, bringing together architects, interior designers, developers, and building material stakeholders from across the region.
The event was inaugurated in the presence of senior industry leaders and architects, with Ashish Vidyarthi, National Award winning actor, motivational speaker, and Founder of Ashish Vidyarthi and Associates, attending as Chief Guest. The platform also featured a keynote session at India Interior Retailing on Day Two by Keshav Bhajanka, Executive Director of Century Ply, and recognised architect Dulal Mukherjee with a Lifetime Achievement Award presented by Surfaces Reporter Magazine.Spread across more than 1,50,000 square feet, the exhibition hosted over 100 interior and surface brands and recorded an estimated footfall of 14,000 to 16,000 visitors over three days. Attendees travelled from more than 100 towns and cities across West Bengal, Jharkhand, Bihar, Odisha, Assam, Meghalaya, Nagaland, Mizoram, Manipur, Tripura, Chhattisgarh, Arunachal Pradesh, and Sikkim.
The platform facilitated interaction between architecture and design firms, interior designers, developers, dealers, and channel partners, representing projects across residential, commercial, hospitality, and institutional segments. Engagement and footfall remained consistent across all three days, reflecting the scale and momentum of the region’s design and building materials ecosystem.Commenting on the conclusion of the event, Verticaa Dvivedi, Director of the Surfaces Reporter Architecture Event, said the response to the Kolkata edition highlighted the depth and maturity of the architectural community in East and Northeast India. She said the sustained participation, regional representation, and quality of dialogue between architects, designers, and industry stakeholders reinforced the relevance of platforms that are rooted in the region while maintaining national significance.
A key highlight of the event was Surfaces Reporter Salutes Architecture and Design Honours, held on 31 January 2026, which recognised around 100 architects and interior designers from East and Northeast India for contributions across residential, commercial, hospitality, institutional, and urban design categories. Among those recognised were Ar Jay Prakash Agarwal of Agrawal and Agrawal, Architects Planner and Interior Designer, Kolkata; Ar Anjan Gupta of Anjan Gupta Architects, Kolkata; Ar Santosh Banka of Banka and Associates, Guwahati; Ar Lalrinzuala Ralte of Catalyst Architecture, Aizawl; and interior designer Deborup Das of Internal Affairs, Kolkata.The honours were presented by a group of industry dignitaries including Ashoke Viswanathan, Professor and National Award winning film director; Rahul Todi, Managing Director of Shrachi Sports and Shrachi Housing Development; Pragat Dvivedi, Director of the MATECIA Exhibition; Verticaa Dvivedi; and Madhurima Chaudhary, Executive Director of Surfaces Reporter.
Speaking on the broader response to the exhibition, Pragat Dvivedi said the region is witnessing a transformation driven by evolving design aspirations and growing demand for globally benchmarked materials and solutions. He said Kolkata demonstrated how emerging regions will play a defining role in shaping the future of India’s architecture and building materials industry, alongside traditional metropolitan centres.In addition to the exhibition floor, the event featured India Interior Retailing, facilitating engagement between interior retail stakeholders and industry leaders, and the Surfaces Reporter Showcase, where brands presented products and architects shared professional observations, encouraging direct dialogue between designers and manufacturers.
With steady visitor engagement, strong professional participation, and active industry involvement across all three days, the MATECIA Exhibition and Surfaces Reporter Architecture Event concluded with a reinforced position as a key regional platform for East and Northeast India’s architecture and design community.At Prittle PrattleNews, featuring you virtuously, we celebrate the commitment and innovation. Led by Editor-in-Chief Smruti Bhalerao, our platform is dedicated to sharing impactful stories that inspire change and create awareness. Follow us on LinkedIn, Instagram, and YouTube for more stories that matter.
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A Delivery First Expansion Strategy Takes Shape for a Quick Service Brand Through Rebel Launcher
Ankur Sharma of Rebel Foods and Masoud Mohamed of Easybites say the collaboration is enabling multi city scaling from Bengaluru and Hyderabad into markets such as Chennai.
Mumbai, February 5, 2026: A cloud kitchen led growth strategy is being deployed to support the expansion of Easybites, as the brand begins scaling across key Indian cities through Rebel Launcher, the brand growth platform of Rebel Foods.
As part of the collaboration, Easybites is currently operating out of ten Rebel Foods cloud kitchens across Bengaluru and Hyderabad. The brand plans to expand into additional cities, including Chennai, while increasing its presence across multiple neighbourhoods within each market.Easybites has built consumer traction through a focused menu centred on fried chicken, burgers, and wraps, designed specifically for delivery led consumption. Through Rebel Launcher, the brand is able to enter new markets faster, serve wider catchment areas from the outset, and refine performance using data driven insights while maintaining consistency and quality.
Ankur Sharma, Co founder at Rebel Foods, said that Rebel Launcher has been designed to create a collaborative growth ecosystem for restaurant brands. He said the platform enables partners such as Easybites to scale efficiently across geographies by leveraging Rebel Foods’ infrastructure, technology, and operational expertise.Masoud Mohamed, Chief Executive Officer of Easybites, said the platform has supported the brand’s rapid expansion across southern markets. He added that launching through Rebel Launcher allows Easybites to understand each market more deeply while reaching multiple locations within a city from the first day of operations, describing the partnership as a long term strategic alliance.
Rebel Launcher is structured to help partner brands expand with lower capital expenditure, shorter go to market timelines, and access to a shared cloud kitchen network, supply chain, and technology led operating systems. This allows brands to focus on food development and brand building, while infrastructure management and scalability are handled centrally.The Easybites collaboration adds to Rebel Launcher’s growing portfolio of partner brands across cuisines and formats. The platform currently supports brands including Natural’s Ice Cream, ITC, Taco Bell, WOW! Momo, Biryani Blues, SMOOR, Parsi Dairy Farms, Daryaganj, Harley’s Fine Baking, The Gourmet Baklava, Chaipoint, Anand Sweets and Savouries, and Go Zero, among others.
Through these partnerships, Rebel Launcher continues to position itself as a growth platform for restaurant brands seeking rapid, multi city expansion within India’s evolving food delivery ecosystem.At Prittle PrattleNews, featuring you virtuously, we celebrate the commitment and innovation. Led by Editor-in-Chief Smruti Bhalerao, our platform is dedicated to sharing impactful stories that inspire change and create awareness. Follow us on LinkedIn, Instagram, and YouTube for more stories that matter.