CHENNAI PLUS

Godrej Agrovet Limited (“GAVL”) announced its financial results for the second quarter and first half of the financial year 2027, ended September 30, 2026. Godrej Agrovet delivered strong revenue growth of 17% in Q2 FY27, reaching ₹2,995 crore, driven by robust performances in Animal Nutrition, Oil Palm and B2C Foods, supported by higher realisations and volumes. EBITDA remained flat at ₹222 crore compared to the corresponding period last year, with margins impacted by approximately 120 basis points due to input cost inflation and El Niño-related challenges. Strong performance in Animal Nutrition helped offset the EBITDA decline in Crop Care, Dairy and Astec. Profit before tax (PBT) increased by 5% to ₹131 crore, while profit after tax (PAT) grew by 22% to ₹103 crore. The company also demonstrated strong working capital management, improving its working capital cycle to 21 days (approximately ₹655 crore) compared to 32 days (approximately ₹894 crore) in the corresponding period last ...

Nuvama Wealth Management Limited (NSE, BSE: NUVAMA), one of India’s leading wealth management companies, announced its financial results for the quarter and half year ending 30th September 2026. Nuvama Group continued to deliver strong and diversified growth in Q2 and H1 FY27, underpinned by the strength of its integrated wealth management platform. Operating profit grew 26% YoY to ₹319 Cr in Q2 FY27 while H1 FY27 rose 21% YoY to ₹625 Cr. Wealth Management continued its track record of consistent compounding, with profits growing 22% YoY in Q2 and net flows reaching record levels. Asset Services maintained strong momentum, while Capital Markets delivered a healthy performance supported by a diversified revenue mix. Reflecting continued client confidence, client assets reached ₹5.5 trillion, up 25% YoY, while MPIS and ARR client assets across Nuvama Wealth and Private increased 27% YoY to nearly ₹1.1 trillion. Commenting on the performance Ashish Kehair, MD & CEO of Nuvama Gro...

Indian businesses, particularly micro, small and medium enterprises (MSMEs) exporting to Europe, are facing rising sustainability compliance costs as carbon regulations and disclosure requirements become more stringent, according to the latest edition of Uniqus Consultech’s monthly newsletter, Sustainability & Climate Pulse. Industry estimates cited in the report indicate that compliance and certification costs could range from USD 55,000 to USD 110,000, depending on manufacturing capacity. Smaller Indian exporters are also reporting declining inquiries from European buyers, while sourcing materials from larger producers can come at a 15% to 20% price premium over secondary producers. The pressure comes as the European Union’s Carbon Border Adjustment Mechanism (CBAM) entered its definitive phase on 1 January 2026. The mechanism covers carbon-intensive imports including iron and steel, aluminum, cement, fertilizers, electricity and hydrogen. Indian manufacturers, particularly M...

If there’s one thing India’s festive shopping carts are saying this Diwali, it’s that there’s always room for a little more sparkle. From lighting up homes and preparing for Lakshmi Puja to picking up gold and silver for Dhanteras, festive treats and thoughtful gifts, consumers had a head start on their celebrations with Instamart. The festive spirit is visible in the little details that make a home Diwali-ready. Searches for candles and marigolds grew nearly 200% year-on-year, while interest in Diwali hampers rose around 300%, reflecting a growing appetite for festive gifting. From diyas and decorative lights to fresh flowers, rangoli accessories and pooja essentials, shoppers are finding more ways to bring festive cheer into every corner of their homes.             With the Diwali weekend starting, preparations have been under way for days. The Dhanteras Gold Rush, by the Numbers Gold is the shagun of choice: Gold coin orders surged 23x in the we...

Chupa Chups, the confectionery brand from the house of Perfetti Van Melle, brought a playful Halloween experience to kids, teens and families through a series of initiatives spanning limited-edition packs, digital engagement, community celebrations and retail activations. The campaign brought together multiple consumer touchpoints to make Halloween more interactive while strengthening Chupa Chups’ association with the occasion. At the heart of the campaign was the limited-edition Halloween Trick or Treat pack from the Chupa Chups “Meet The Creeps” collection, featuring Chupa Chups Bites, Belt and lollipops in an occasion-led format. The packs were available through the retail rollout, with modern trade and Blinkit availability also being worked through. Consumers purchasing the Trick or Treat pack in select cities during the campaign period could scan the QR code to access an interactive Scan & Play game and stand a chance to win exclusive Chupa Chups Halloween merchandise. Compl...

Swiggy, India’s pioneering on-demand convenience platform, hosted the EV Mobility Conclave, themed “Powering the last mile”, in the presence of Hon’ble Union Minister of Road Transport and Highways, Shri Nitin Gadkari. The event brought together EV manufacturers, charging and battery-swapping providers, rental and fleet partners, financiers and delivery partners to discuss how electric two-wheelers can become a practical and affordable choice for last-mile delivery. At the event Swiggy launched battery swapping stations at its Instamart pods across 25 locations, developed together with ecosystem partners. Swiggy is also bringing EV rentals to its Instamart pods, so that delivery partners can pick up a vehicle at the same place where they collect their orders. Sriharsha Majety, Co-founder and Group CEO, Swiggy, said, “Every order has a person behind it, and the last mile is that person. Our delivery partners are at the heart of everything we do, and our vision is to make their work ...