26, May 2025
Ofis Square Hosts Knight Frank at MG Road Centre to Explore Strategic Synergies and the Future of Flex Offices
Gurugram, May 26, 2025– Ofis Square, India’s premier provider of premium coworking and managed office spaces, hosted the senior leadership of Knight Frank India for an exclusive evening at its flagship MG Road centre (Vatika Triangle Annexe).
The event brought together industry thought leaders to foster collaboration, exchange market insights, and align on the future of the flex and managed workspace sector. With dynamic conversations around expansion strategies, market trends, and the evolution of workplace needs, the gathering underscored the shared vision of both companies in driving innovation in commercial real estate.
Set against the sophisticated backdrop of Ofis Square’s thoughtfully designed space, the evening featured refined culinary experiences, engaging dialogue, and a spirit of strategic alignment.
“As the flex industry continues to evolve, this event was an important step in building synergies and strengthening our commitment to redefining modern workspaces,” said Mrs. Saroj Mittal, Founder, Ofis Square. “Partnering with visionary leaders like Knight Frank helps us create more agile, scalable solutions for India’s growing business ecosystem.”
Adding to its brand strength, Ofis Square is proud to be represented by acclaimed actor and entrepreneur Shraddha Kapoor as its brand ambassador, echoing the brand’s ethos of modernity, ambition, and elegance.
With the flex office industry witnessing a remarkable surge in demand driven by hybrid work models and operational flexibility both teams shared enthusiasm about the growth trajectory ahead and the opportunity to co-create value in the years to come.
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- By Neel Achary
26, May 2025
Toyota Fortuner and Legender Achieve Landmark Milestone of 3-Lakh Sales in India
Bengaluru, 26th May 2025: Reinforcing its dominant presence in India’s premium SUV market, Toyota Kirloskar Motor (TKM) today announced a significant milestone—cumulative sales of 3-lakh units of the Fortuner and Legender. This achievement underscores not only the unmatched popularity of these premium SUVs but also Toyota’s commitment to delivering reliable and high-performance that perfectly blend power with precision.
Since its debut in 2009, the Toyota Fortuner has long been a benchmark in the SUV segment, seamlessly combining unyielding toughness with refined performance. Equipped with a robust 2.8L diesel engine that generates an impressive 204 PS of power and 500 Nm of torque, the Fortuner stand out for its formidable off-road capability, making it the ideal choice for adventurers and driving enthusiasts alike. Toyota’s proven ladder-frame architecture and advanced 4×4 capabilities ensure that the Fortuner remains a dependable companion on every journey, whether conquering rugged terrains or cruising on highways.
The Toyota Fortuner isn’t just built to perform-it’s built to make a statement. With its bold, masculine stance, towering ground clearance, and commanding driving position, it exudes power on every road. Designed to dominate, the Fortuner doesn’t just bend in – it owns the road with unwavering confidence. Its sculpted exterior lines, signature LED lighting and refined premium interiors reflect a vehicle crafted to those who discern for presence with purpose, becoming an aspirational lifestyle icon.
The Legender, introduced in 2021, builds upon this legacy by offering a more luxurious and feature-packed experience, designed for the modern, urban driver. Featuring exclusive dual-tone styling, sequential LED turn indicators, wireless charging, and an 11-speaker JBL audio system, the Legender delivers a more refined driving experience. With advanced 4X4 capabilities, the Legender is an ideal companion for both off-road escapades and city adventures.
What truly distinguishes the Fortuner and Legender is their unmatched reliability, strong resale value, and low cost of ownership—qualities deeply rooted in Toyota’s trusted brand promise.
Speaking on the milestone, Mr. Varinder Wadhwa, Vice President, Sales-Service-Used Car Business, Toyota Kirloskar Motor, said, “We extend our heartfelt gratitude to the passionate Fortuner and Legender fan base in India for their unwavering trust in our brand as we celebrate the remarkable 3-lakh milestone of our most admired SUV. The Fortuner and Legender remains a top choice among SUV enthusiasts who seek a perfect blend of luxury, performance, and reliability. Whether navigating city streets or tackling challenging terrains, it offers premium feel paired with robust strength. Built on the solid foundation of Toyota’s renowned QDR (Quality, Durability and Reliability) philosophy – the Fortuner and Legender embodies the core value that define our engineering and manufacturing excellence. These principles are central to Toyota’s global reputation for delivering vehicles that not only last but perform consistently and retain their value over time, thus bringing mass happiness to all”
This achievement is further bolstered by TKM’s customer-centric service ecosystem—T CARE—which offers a seamless experience across the Toyota’s vehicle ownership lifecycle. From pre-sales to after-sales, and even repurchases, T CARE brings together offerings such as T DELIVER, T GLOSS, T ASSIST, T SAATH, T SECURE, T CHOICE, T INSPECT, and T SMILE, ensuring lasting satisfaction and value for every customer.
With this landmark milestone, the Toyota Fortuner and Legender reaffirm their position as leaders in the premium SUV space—vehicles that not only conquer terrains but also command admiration on every road they travel. Backed by Toyota’s legacy of quality and driven by the voice of the customer, these SUVs continue to redefine what it means to drive with purpose, presence, and pride.
26, May 2025
Konkani Film “Mog Asum” Music Album Unveiled: A Celebration of Goan Talent
Mumbai, 26th May 2025 – The highly anticipated music album for the recently released Konkani film Mog Asum was officially unveiled at the ESG Theatre. The event was graced by celebrated music composer and multi-instrumentalist Mukesh Ghatwal, along with the film’s director Angelo Braganza and RS Pipalwa.
Composed by Myron Estibeiro, the album features a vibrant mix of tracks performed by talented singers Herschel Mascarenhas and Aurvile Rodrigues, who also gave live performances during the event. The album is now available globally on all major digital platforms.
Mukesh Ghatwal, who had the honor of unveiling the album, praised the tracks, commenting, “Each of the songs is outstanding. Goan musicians are producing remarkable music, and Mog Asum stands among the best of them.” He also lauded Myron Estibeiro for his exceptional work on the album.
Director Angelo Braganza welcomed Ghatwal to the stage and expressed his gratitude for his presence at the event. He further spoke about the pool of talented Goan musicians, noting that while many musicians in Goa are excelling, it was Myron’s unique temperament and his ability to deliver a melodious album that ultimately made him the perfect choice for the film.
Boney Alex Dias, who re-arranged a gospel song for the film, was also present at the event. The film’s other featured singers, Venizia Dias, Shalisha Fernandes, and Verphina Dias, joined the celebrations as well.
The music album for Mog Asum serves as a testament to the rich and growing talent within the Goan music industry. The film’s team is excited to share this beautiful work with audiences around the world.
26, May 2025
INDOMACH, South India’s Largest Industrial Expo, Kicks Off at HITEX
Hyderabad, 26rd May 2025: Hyderabad is hosting South India’s largest B2B Industrial Machinery & Engineering Exhibition, INDOMACH, from May 23rd to 25th, 2025. Chief Guest Mr. T Kumagai San, Director, Koike Cutting and Welding India Ltd; inaugurated the 4th Edition of the 3-days Exhibition, at HITEX Exhibition Center, today. Guests of Honour Mr Manish Sinha, Director, INDOMACH; Mr Manjunath C. Malledmath, Area Sales Manager, Contitech India Pvt. Ltd.; Mr Sumit Porwal, Director, INDOMACH; Mr Sachin Sharma, Director, INDOMACH; Mr Tushar Shah, Director, D.B. Engineers, Gujarat; Mr T Kumagai San, Director, Koike Cutting and Welding India Ltd; Mr Sudhir Bhole, Director, INDOMACH; Mr Sachin Soman, ASM, Taparia Tools; Mr Sandeep Dharewa, Director, Kan Power; and Mr Anish Agrawal, Director, Raman Trading; graced the occasion.
The exclusive industrial exhibition on Machine Tools, Automation, Robotics, Welding, Electrical and Industrial and Engineering Products, is showcasing Engineering products and services, Heavy and light machines, Machinery equipment and accessories, Tools and part technological devices, products, Engineering Tools and allied Products and Services. The highlight of the exhibition is the unveiling of an extensive range of exciting industrial applications including state-of-the-art technologies, global innovations and modern-day solutions, some of which are being introduced for the first time in India.
As the organizer of this expo told that this is the fourth edition of IndoMach to be held in Hyderabad. The earlier three editions organized in the years 2022, 2023 and 2024, were an unprecedented success, with both the exhibitors and visitors seeking it again. IndoMach is hosted annually in the prominent industrial hubs of India, including Jamshedpur and Nagpur, besides Hyderabad.
This year’s IndoMach exhibition is having over 125 Exhibitors from across India and abroad. The one of its kind congregations of Industrial machinery buyers and sellers, is showcasing over 750 live machinery and has over 900 reputed national and international Brands on display. During the three days of the weekend, the exhibition is likely to have a footfall exceeding 18,000 visitors from pan India, especially from entire South India and parts of Maharashtra, Madhya Pradesh, Chhattisgarh, Orissa states. The exhibition is likely to transact business worth Rs 400 crores during the three days.
Prominent Indian companies showcasing their products at the expo include Ashwini Integrated Technologies, Taparia Tools Limited, Tranter India, Koike Cutting and Welding, Kains Instruments India Private Limited, Dee Bee Enterprises, Hanspark Industries Private Limited, Triniti Advanced Software Labs Private Limited, Metal ARC, Nippen Electrical, Suvera Fluid Power Private Limited, Ashlok Safe Earthing Electrode Limited, Essell, Mcm Instruments, Dhruvsoft Services Private Limited, Jainson Cables, Flexofit Engisol, Pom Systems & Services, Selec Control, Ratnaparkhi Electronic Industries, Messer Cutting, Panasonic Connect, K Tech CNC, Continental, Ingico, Ideal Power, MVD Fastners, Dimond Compressor, Divine Laser, Greaves Cotton, Asian Equipment, Kan Power Rubber Industries, Relyon Softech Limited, Spoors Technology Solutions, 3D Levin Engineering and many more companies.
26, May 2025
Surrender And Serenity: The Hidden Joy Of Letting Go
By-AiR Atman in Ravi – Happiness Ambassador and Spiritual Leader
In a world that constantly urges us to strive, achieve and control every aspect of our lives, the idea of surrender may feel counterintuitive and even frightening. We are taught to hold on tightly to our goals, relationships, identities and even our pain and suffering. But there is a quiet, transformative power in surrender that leads one not to defeat but to serenity. Letting go, when done consciously and spiritually, is not a loss—it is a liberation.
Most of us spend our lives trying to manage outcomes, people and even the future. We think that life is unpredictable. We experience change, loss and challenges that are beyond our understanding. When we resist these moments, we suffer. Resistance creates tension, anxiety and disconnection. In the path of Spirituality, we will realize the truth that we are not this body, mind and ego. We are the Soul, the Spark Of Unique Life, the Atman or the life power that makes the physical body function. We all realize the profound truth that our lives are controlled by Karma, our very own actions and all the situations that are occurring in our lives are due to past Karma. When we realize that everything is happening as per the Law of Karma and the Divine Will, we will realize that our constant effort to control life is exhausting and often futile. Thus, when we choose surrendering to the Divine Will, we align with life rather than fight it. We accept every situation with gratitude to the Divine and this leads to calmness, peace, tranquillity and serenity.
Much of what we cling to is rooted in ego – the part of us that seeks validation, success and control. But the ego thrives on fear and separation. Surrender is the act of loosening the ego’s grip and returning to our true nature, our Soul, which is already whole, peaceful and a part of the Divine, the Supreme Immortal Power, SIP. So, when we let go of the need to prove ourselves or to be right, we rediscover a quiet joy that exists beneath all striving. In Spirituality, surrender is often the key to transformation. It is the gateway to deeper prayer, meditation and communion with the Divine. When we release our agendas, we open ourselves to Divine timing, unexpected blessings and to the flow of grace and guidance from the Supreme Power.
There is a hidden joy in letting go, not because we know what will happen next but because we no longer need to know because we have trusted in the Divine Will. Having TRUST, Total Reliance and Unconditional Surrender To the Almighty or the Divine, is one of the most freeing experiences that a Soul can have. It is where faith becomes real. FAITH means Full Assurance In The Heart. We realize that we are held and taken care of by a Supreme Power even when we do not understand it. We feel supported and protected, even in the midst of uncertainty and adversity. This joy is subtle, yet powerful. It is the joy of resting in something greater than ourselves, of knowing that we do not walk alone. It is the joy that comes from no longer needing to figure everything out. In surrender, we find serenity. And in serenity, we discover that life is not something to be conquered, but something to be embraced and realized. The purpose of this life is to realize ourselves and consequently, realize the Divine.
Spiritual surrender is not passive. It is an active choice to trust – a trust in something greater than ourselves, the Supreme Immortal Power, SIP, that we call God. Surrender, in Spirituality, is shifting from fear to faith, from grasping to openness that leads to serenity in life. Serenity is not about escaping pain or bypassing emotions, rather, is about being fully present with whatever arises, without judgment.
Concluding the discussion, surrender is not a one-time event. It is a daily, moment-to-moment practice. It is the willingness to soften, release and choosing to trust, even when it’s hard to trust and have faith. It may look like a deep breath in the middle of a storm, a whispered prayer of acceptance or a quiet decision to stop forcing and start allowing. On the spiritual path, surrender becomes less about letting go of the world and more about Self-Realization and God-Realization, realizing the profound truth of life, death, Karma and everything. It means coming home, our real home, to the Divine. And in that sacred return, we find a serenity that the world can neither give nor take away.
26, May 2025
Prime Video Unveils ‘The Traitors’: Karan Johar Hosts India’s Fiercest Reality Thriller Premiering June 12
Imagine working alongside your friends, colleagues or neighbours’ you laugh with, plan with, even trust — only to discover one of them is secretly plotting your downfall. Welcome to The Traitors, Prime Video’s upcoming new reality series, premiering June 12, with new episodes every Thursday at 8 PM.
An Indian adaptation of the smash-hit global phenomenon that’s won BAFTAs, Emmys, and broken friendships in over 30 countries is now landing in India. Hosted by the ever-charismatic Karan Johar, this cutthroat game of dhokha promises sass, suspense, and mind games like never before.
HOW THE GAME WORKS
20 players come together in a majestic palace — but among them lurk secret traitors chosen by the host himself. Their mission? To sabotage and eliminate the Innocents one by one, all while keeping their identities hidden.
● By day, the group completes missions to build a massive prize pot
● By night, the Traitors strike in secret, “murdering” an Innocent
● Each episode culminates in a tense Round Table (Think Mafia) where everyone votes out a suspected Traitor — but are they making the right call, or playing into the enemy’s hands?
If the Innocents unmask all the Traitors, they share the prize. But if even one Traitor survives, that player walks away with it all.
WHY THIS IS NOT YOUR TYPICAL REALITY SHOW
This isn’t about physical strength or raw talent — it’s a battle of instincts, wit, nerve, and how good one is at deception. Every smile could be a lie, every alliance a trap. The most dangerous weapon isn’t strategy — it’s trust.
WHY YOU CAN’T MISS IT
Already a global sensation, The Traitors has captivated audiences worldwide with its razor-sharp gameplay, shocking twists, and addictive storytelling. The Indian edition takes it up several notches — think full-celebrity cast, palace intrigue, stunning visuals, explosive secrets, and Karan Johar’s signature flair leading the game.
Get ready for intense drama and fights as friendships shatter and tempers flare. Loyalties will shift, alliances will crumble, and the tension will explode both on and off screen. It’s more than a reality show — it’s a pulse-pounding thriller where betrayal is the only way to survive.
Prepare for nail-biting suspense, endless speculation, and conversations that won’t stop. This June, experience reality entertainment like never before. Because in The Traitors, trusting the wrong person could cost you everything. Produced by BBC Studios India Productions, The Traitors is set to premiere exclusively on Prime Video from June 12, with new episodes every Thursday at 8 PM.
26, May 2025
Crafts Council of Odisha to Host “Master Crafters” Exhibition on May 24–25, 2025
Bhubaneswar: The Crafts Council of Odisha is proud to announce “Master Crafters”, a premier two-day exhibition of celebrating the excellence of Odisha’s traditional crafts and artisans. The event will be held on May 24 and 25, 2025, at the Banquet Hall, Bhubaneswar Club, from 11:00 AM to 8:00 PM.
“Master-Crafters” will feature 20 master craftspersons, including national and state award winners, showcasing a diverse range of Odisha’s handicrafts. Art forms such as Pattachitra, Palmleaf Engraving, Terracotta, Stone and Wood Carving, Appliqué, Golden Grass, Sabai Grass, Silver Filigree, Seashell Art, Dhokra Casting, Tribal Painting, and Handwoven Ikat will be on display and sale.
The event aims to promote excellence in craftsmanship, provide marketing opportunities during the lean season, and encourage direct interaction between artisans and buyers. This initiative will not only support the artisans financially but also elevate the profile of Odisha’s traditional crafts.
The inauguration ceremony held at 5:00 PM on May 24, graced by Mrs. Anu Garg, IAS – Development Commissioner-cum-Additional Chief Secretary as Chief Guest along with Mr. Santosh Kumar Mohapatra, IAS (Retd) – Chairman, Crafts Council of Odisha, Mrs. Poonam Guha Tapas Kumar, IAS – Commissioner-cum-Secretary, Handloom, Textiles & Handicrafts Department as Guest of Honour and Mrs. Pranatee Chhotray, IAS – Director of Handicrafts.
The Crafts Council of Odisha, affiliated with the Crafts Council of India and the World Craft Council, is dedicated to the preservation, promotion, and sustainable development of the state’s rich craft traditions. The Council supports artisans through skill development, market linkage, innovation, and advocacy for inclusive growth.
This event is expected to attract craft enthusiasts, collectors, connoisseurs, and members of the public eager to experience and support the living heritage of Odisha’s crafts.
26, May 2025
Reserve Bank of India Transforms Digital Lending with WSO2, Cutting Loan Processing Time from Weeks to Minutes
Bengaluru, India – May, 26, 2025 – The Reserve Bank India (RBI) has revolutionized India’s lending ecosystem by launching the Unified Lending Interface (ULI), a secure, centralized platform that streamlines access to financial data for lenders. Powered by WSO2’s API Management and Identity solutions, the initiative has significantly reduced loan processing times from up to six weeks to just a few minutes, marking a major milestone in India’s financial sector.
Lenders in India were grappling with the challenge of accessing both financial and non-financial data needed for making informed decisions in the digital credit space. The challenges of multiple siloed data sources scattered across entities such as Central and State government authorities, Fintechs, Techfins, Account Aggregators, Credit Information Companies, and Digital Identity Authorities, led to lenders having to individually connect with each data source. This made credit underwriting highly cumbersome, time-consuming, and costly, giving rise to operational inefficiencies and hindering seamless digital lending.
Recognizing these challenges, RBI and Reserve Bank Innovation Hub (RBIH) aligned their efforts with India’s broader Digital Public Infrastructure (DPI) initiatives. This move aimed to build a more interconnected financial ecosystem, one that supports innovations like embedded finance, AI-driven lending models, and real-time decision-making—transforming the way credit is delivered across the country.
Leveraging WSO2 API Manager and WSO2 Identity Server, RBIH was able to
- Cut down loan processing time from 4-6 weeks to a few minutes with the integration of real-time data across varied sources and automated workflows significantly reducing the time consumed for loan processing
- Establish a unified all-encompassing platform, eliminating the need for individual, complex connections with various data providers and minimizing operational costs and complexity
- Bridge the financial gap for underserved communities by leveraging alternative credit data beyond traditional credit scores and fostering greater financial inclusion
- Implement a simplified and seamless user onboarding process by enabling hassle-free self-registration, making it easier for underserved communities to access lending services
- Leverage analytics for actionable insights into user behavior, allowing RBIH to fine-tune the platform for better user experience, spot trends in usage and facilitate informed data-driven decisions
- Reinforce data security and compliance with secure API traffic management and encryption, ensuring all borrower data is handled safely, while adhering to data protection regulations
26, May 2025
Muthoot FinCorp Reports 39.86% Net Profit Growth in FY25 with Y-O-Y Revenue Up by 38.22%
Trivandrum, May 26, 2025: Muthoot FinCorp Limited, the flagship company of the 138-year-old Muthoot Pappachan Group, also known as Muthoot Blue, reported a net profit growth of 39.86% for FY25, reaching ₹787.15 crore, up from ₹562.81 crore in FY24. Year-on-year (Y-O-Y) revenue stood at ₹5,550.53 crore, a 38.22% increase from ₹4,015.77 crore. Disbursements for the year were ₹66,277.31 crore, reflecting a 32.11% growth Y-O-Y.
Revenue for the quarter reached ₹1,478.59 crore, marking a 23.49% increase from ₹1,197.31 crore in Q4 FY24. Assets Under Management (AUM) stood at ₹32,055.17 crore, up 46.22% from ₹21,922.70 crore in the same quarter of the previous year. The standalone net profit for the quarter was ₹191.67 crore, compared to ₹239.79 crore in Q4 FY24, while disbursements rose to ₹19,648.29 crore from ₹14,130.08 crore, a 39.05% increase.
| MUTHOOT FINCORP LIMITED – FINANCIAL RESULTS HIGHLIGHTS – STANDALONE | |
| As on March 31, 2025, VS March 31, 2024 | |
| Disbursements (including Co-lending) | 66277.31cr, up by 32.11% |
| AUM | 32055.17cr, up by 46.22% |
| Loan Assets | 26031.65cr, up by 19.89% |
| Revenue | 5550.53cr, up by 38.22% |
| PAT | 787.15cr, up by 39.86% |
| ROTA | 3.30%, up by 44bps |
| ROE | 22.02%, up by 363bps |
Thomas John Muthoot, Chairman of Muthoot FinCorp Limited, said: “FY25 has been a deeply fulfilling year for us. The 39.86% growth in net profit and over 38% increase in revenue are not just financial achievements—they reflect the enduring trust of our customers, the strength of our purpose, and the dedication of our Muthootians across India. As our non-gold portfolio continues to expand and more households benefit from our inclusive offerings, we remain firmly committed to transforming lives by improving their financial wellbeing. Our journey forward is guided by this purpose and a deep responsibility to serve India’s aspiring millions.”
Mr. Shaji Varghese, CEO of Muthoot FinCorp added: “FY25 was a year of substantial progress, marked by the effective execution of our growth strategy. Our diversified product portfolio, comprising over three dozen offerings beyond our flagship gold loan, enabled us to serve a larger customer base, addressing their varied lifecycle needs. Notably, non-gold revenue now accounts for over 15% of our total revenue, underscoring the value proposition we bring to our customers. As we move forward, our focus remains on sustaining this momentum and cementing our position as a trusted financial partner for India’s lower-middle-income segment, ultimately contributing to our purpose of transforming lives through improved financial well-being.”
The Board of Directors has also approved the raising of up to ₹8,000 crore through the issuance of Non-Convertible Debentures (NCDs), Subordinated Debt, Perpetual Debt, and Commercial Papers (CPs) during the current financial year, to support the Company’s growth and capital requirements.
26, May 2025
Anupam Rasayan India Limited Reports Q4 & FY25 Results
Surat/ Mumbai, May 26, 2025: Anupam Rasayan India Ltd., one of India’s leading custom synthesis and specialty chemical player, has announced its financial results for the quarter ended March 31, 2025.
Consolidated Financial Highlights for year ended March 31, 2025:
- Total revenue for FY25 was at ₹14,485 million as compared to ₹15,053 million in FY24; down 4% YoY.
- EBITDA (incl. other income) was at ₹4,123 million in FY25 as compared to ₹4,109 million in FY24, this would translate into 28% EBITDA margin in FY25.
- Profit After Tax was at ₹1,600 million in FY25 as compared to ₹1,674 million in FY24.
Consolidated Financial Highlights for Quarter ended March 31, 2025:
- Total revenue for Q4FY25 was at ₹5,057 million as compared to ₹4,130 million in Q4FY24; up 22% YoY.
- EBITDA (incl. other income) was at ₹1,500 million in Q4FY25 as compared to ₹1,047 million in Q4FY24, up 43% and this would translate into 30% EBITDA margin in this quarter.
- Profit After Tax was at ₹629 million in Q4FY25 as compared to ₹405 million in Q4FY24; up 56% YoY.
Speaking on the performance, Mr Anand Desai, Managing Director, Anupam Rasayan commented, “Consolidated revenue for the quarter Q4FY25 stood at INR 506 crores registering a growth of 22% YoY and 31% QoQ. Consolidated revenue for the full year FY25 stood at INR 1,448 crores registering a degrowth of 4% YoY. This performance was supported by growth in pharma and polymer coupled with strong performance from Tanfac. Margins have remained consistent this quarter, reflecting our focus on operational efficiency and a favourable product mix.
While H1 FY25 was subdued due to weak macro conditions, I am pleased to share that H2 has shown clear signs of recovery — particularly in Q4 FY25 where we have seen meaningful improvement with sales increasing both year- on-year and sequentially. We remain confident in our ability to return to the historical growth rates achieved prior to the recent slowdown.”
