Category Archives: Business

Toscano Ushers in the Season with a Soulful Seasonal Menu Inspired by Rainy-Day Cravings

India, 17 July 2025: As the season changes and the city slows into a gentler rhythm, Toscano Restaurants presents a brand-new Seasonal Menu, a soulful, comforting experience crafted to highlight the richness of Italian culinary traditions and the freshness of the moment. Available exclusively on weekends throughout July, this limited-time offering brings together delicate scaloppine, decadent desserts, and vibrant drinks that echo the cozy indulgence of the season.

At the heart of the menu is Scaloppine All’Italiana, featuring thinly sliced meat or vegetables pan-fried and finished with bold, elegant sauces. Diners can enjoy the indulgent Scaloppine di melanzane e zucchine, where eggplant and zucchini are enriched with truffle butter, caper berry sauce, and truffle shavings. The Scaloppine di pollo al limone vino bianco delivers a light, tangy blend of lemon, butter, white wine, and capers, while Scaloppine di pollo con balsamico e scalogno brings a deeper, sweeter flavor through balsamic and pearl onions. For a true Italian embrace, Scaloppine di pollo alla pizzaiola combines tomato richness with bubbling mozzarella and parmesan. The Scaloppine di pollo in salsa di salvia e burro di nocciole layers on comfort with sage and hazelnut butter, and the Scaloppine di pollo alla boscaiola is a warming combination of mushrooms, smoked ham, and chive cream sauce.

To round out the experience, the Cocoa berry chocolate & lemon-infused truffle cake blends rich cocoa sponge and zesty lemon cream with a scoop of vanilla fig ice cream. For something whimsical, the Linzer berry popcorn cake offers a delightful surprise with almond berry cake, sour cherry jam, and vanilla white chocolate cream.

“This seasonal menu is rooted in slow comfort and joyful sharing,” says Toscano’s Head Chef. “It’s the kind of food you linger over, layered, familiar, and rich with flavor.”

The drink list embraces both spirited and spirit-free indulgence. Toscano’s Twists on the Negroni range from the bold Negroni classic to the floral Negroni segreto with rose water and raspberries, the nutty warmth of the Hazelnut Negroni, and the sparkling, citrusy Negroni spagliato.

For mindful sippers, the Healthy Mocktails deliver fresh, vibrant flavors: Orange splash with citrus and basil, Green bliss with cucumber and kiwi, Watermelon mirage with beetroot and guava, and refreshing brews like Classic mint lemonade and Strawberry matcha, each with a fizzy kombucha twist.

Tata Punch Becomes India’s Fastest SUV to cross 6 Lakh Milestone in Under 4 Years, Celebrates with “India ki SUV” campaign

Mumbai, July 17, 2025: Tata Motors today announced a historic milestone for its revolutionary compact SUV, Punch, which has surpassed 6 lakh production milestone in less than four years—a record-breaking feat that cements its position as India’s favorite SUV. Its popularity is continuously increasing among the consumers across the country and Maharashtra alone contributes 12% to its total production.

Launched in October 2021 with the vision of making the SUV experience accessible to every Indian, the Tata Punch pioneered an entirely new segment — the sub-compact SUV. Since then, it has struck a powerful chord with customers across the nation. From bustling metros to aspiring hinterlands, the Punch has emerged as a symbol of choice, reliability, and style, reshaping the contours of the Indian automotive landscape. It made history by becoming the highest-selling car in the country in CY2024. Whether navigating urban streets or rural trails, appealing to first-time buyers, young professionals, or growing families — the Punch has evolved into more than just a car.

Speaking about the Punch and its deep connection with the growing aspirations of a bold and confident India, Vivek Srivatsa, Chief Commercial Officer, Tata Passenger Electric Mobility Ltd., said, “The Punch embodies the spirit of a new India — bold, self-assured, and ready to forge its own path. Crossing the 6 lakh milestone is more than a production achievement; it’s a reflection of the immense trust that over 6 lakh Indians have placed in a vehicle that represents confidence, presence, and a fresh start to their journeys. It’s especially heartening to see how Punch has become the natural first choice for so many first-time car buyers. Punch is not just a car — it’s a breakthrough brand that has sparked a cultural shift and redefined what India expects from the first car in their family. With the launch of the ‘India Ki SUV’ campaign, we celebrate this extraordinary journey and the customers who made it possible. This is more than a celebration of numbers — it’s a tribute to a product that made SUV attitude accessible to all, without ever compromising on substance.”

 Punch’s success story is driven by its broad-based appeal: 

ü  A Vehicle of the People 

ü  Punch is the top choice for first-time car buyers, offering the perfect blend of convenience, safety, and SUV stance – Nearly 70% of Punch ICE owners are first-time car buyers

ü  Punch has gained strong traction among women drivers, who appreciate its smart design—combining a compact footprint with high ground clearance and a commanding road view, making it both practical and empowering. This trend is most clearly reflected in the fact that 25% Punch.ev owners are women—a rapidly growing force in the personal mobility landscape

ü  Punch’s appeal cuts across India’s urban and rural landscapes, proving its versatility in diverse terrains and lifestyles. Ownership is impressively balanced—24% from Tier 1 cities, 42% from Tier 2, and 34% from Tier 3 towns—highlighting its deep-rooted connection with consumers nationwide.

ü  A Segment Defining Icon

Since its debut in October 2021, the Tata Punch has redefined the compact SUV segment with its distinctive design, robust performance, and 5-star safety rating. It pioneered the sub-compact SUV category, making SUV ownership accessible to a wider audience and reshaping the Indian automotive landscape. In 2024, the Punch made history by becoming the highest-selling car in India, a testament to its universal appeal — from urban streets to rural trails, and from first-time buyers to young professionals and families. It has firmly established itself as the primary choice of 1st time car buyers—offering them a confident, feature-rich SUV experience right from their first purchase.

 The Undisputed Leader

Ø  5-star safety rating across both ICE and EV variants (Global NCAP & Bharat NCAP respectively)

Ø  Offered in Petrol, CNG, and EV powertrain options

Ø  Accounts for 36% of Tata Motors’ overall passenger vehicle sales

Ø  Holds a dominant 38% market share in the sub-compact SUV segment (FY25)

Ø  Registered a strong 15% year-on-year growth

Ø  Honoured with over 20 renowned automotive awards

ü  Celebrating with “India Ki SUV” Campaign

To commemorate this extraordinary journey, Tata Motors has launched a new nationwide campaign titled “India Ki SUV”. The campaign celebrates the lakhs of Indians who have made the Tata Punch a part of their lives and showcases stories of empowerment, exploration, and everyday adventure. It reflects how the Tata Punch has grown beyond being just a car—it has become a symbol of ambition and confidence for a new India. Whether it’s the safety-conscious families or the adventure junkies in cities, spirited youth in Tier 2 and 3 towns, or first-time buyers chasing new bold beginnings, the Punch has resonated across regions and generations. With over 6 lakh Tata Punch on the road, this campaign honours not just a milestone, but the diverse journeys that got it here—each driven by purpose, pride, and possibility. India Ki SUV is a tribute to the spirit of a nation that’s moving forward, boldly and together.

 ü  A Legacy in the Making

 With its bold design, 5-star safety rating, and go-anywhere capability, Punch continues to lead the compact SUV segment. As Tata Motors looks to the future, Punch remains a proud symbol of innovation, inclusivity, and Indian ingenuity.

Stay Fresh in the Monsoon with Max Factor Lipfinity Longwear Magic

Max Factor Lipfinity Lip Colour is a long-lasting, two-step lip product designed to deliver vibrant colour. With a rich, highly pigmented base coat and a hydrating top coat, it ensures both intense colour and all-day comfort. The formula is smudge-proof, kiss-proof, and fade-resistant perfect for busy days and special occasions. Available in a wide range of shades from subtle nudes to bold reds, there’s a colour to suit every mood and moment. Its lightweight texture feels comfortable on the lips without drying them out. The top coat adds a moisturising, glossy finish that keeps your lips looking fresh. Ideal for on-the-go makeup lovers, it requires minimal touch-ups throughout the day. Whether you’re heading to work or a party, Lipfinity keeps your lips perfectly polished.

Cathay Cargo recognised at ACFI 2025 for Excellence in Safety and Compliance

Cathay Cargo, one of the four lines of business of the Cathay Group, is proud to have been awarded the Innovatopia Award in Air Cargo Safety & Security at the Air Cargo Forum India (ACFI) Awards 2025. This prestigious recognition underscores Cathay’s continued commitment to ensuring the highest standards of safety, security, and operational excellence across its global cargo operations.

Cathay Regional Head of Cargo for South Asia, the Middle East and Africa Rajesh Menon said: “We are truly honoured to be recognised with the Innovatopia Award in Air Cargo Safety & Security. At Cathay Cargo, safety and security are more than just compliance metrics — they are fundamental to how we operate. With our AI-led safety enhancements and digital innovations, we are setting new benchmarks for cargo handling globally. This award is a tribute to the relentless efforts of our team and reinforces our vision of delivering trusted, secure, and future-ready cargo solutions.”

Cathay Cargo and Cathay Cargo Terminal in Hong Kong hold the complete suite of IATA CEIV certifications, including Pharma, Fresh, Live Animals and Lithium Batteries, underscoring Cathay’s ability to safely and efficiently handle special cargo. The terminal is also the first ground-handling organisation in Asia to successfully achieve IATA SeMS certification with Operating Status, the highest tier for a first-time certification.

To ensure consistent adherence to safety regulations and customer requirements, Cathay Cargo runs rigorous training programmes for staff and ground handlers. Its Cargo Agent Operations Programme (CAOP) promotes compliance in the declaration and physical handling of e-commerce shipments, especially those involving lithium batteries.

Cathay Cargo Terminal has taken a pioneering leap in workplace safety by becoming Hong Kong’s first air cargo terminal to integrate AI with its CCTV infrastructure. Through its partnership with AI safety technology leader Intenseye, Cathay Cargo Terminal now monitors and detects real-time risks such as:

• Missing personal protective equipment (PPE)
• Unsafe vehicle proximity
• Walkway violations
• Work-at-height incidents
• Unattended shipments at truck docks (via custom-built alerts)

This AI-led system is designed with privacy-first principles through Intenseye’s Ethical UI and plays a vital role in supporting Cathay Cargo Terminal’s vision of zero-harm operations.

The terminal’s robust safety culture was further validated with five wins at the Hong Kong Occupational Safety and Health Awards in 2024, including Gold for Safety Management System.

Earlier this year, Cathay Cargo became the first air cargo operator to implement the International Air Transport Association’s (IATA) ONE Record data standard in select daily operations ahead of IATA’s January 2026 target, underscoring its commitment to leading digital transformation in air cargo.

Cathay Cargo continues to embrace digital transformation to uplift its workforce and improve the overall customer journey. Tools like the digital hub enable timely, responsive interactions with customers, while the Cargo Connect app streamlines frontline operations by giving staff instant access to key information including rosters, assignments, and flight schedules.

PUMA Launches New HYROX Collection in India

July 17, 2025: Keeping pace with HYROX’s fast-growing momentum in India, sports brand PUMA India dropped a high-performance shoe and training apparel crafted for hybrid athletes. Launched in the country for the first time and in both men’s and women’s variants, the HYROX Deviate shoe headlines the latest PUMA x HYROX collection. Designed for movement, intensity, and modern fitness discipline, the bold collection also comprises Shorts, Tights, Bra tops, Tees, Crop Tanks, Caps, Beanies, and Backpacks.

The new PUMA x HYROX collection is not just your routine gym look. It is the uniform for a new cultural wave and created to give you the perfect fit check. It celebrates hybrid athletes and everyday performers, individuals who are as committed to personal bests as they are to personal style. Whether you are heading to your first HYROX race or simply embracing a life in motion, this new collection gives you the tools to show up strong and stand out. The apparel range also comes in elevated and energetic colours such as Glowing Red, Ruby Shimmer, Mint Melt, Lux Army, Dark Olive, Black, White & Light Gray Heather.

The global sportswear giant has invested heavy research and technology into this collection, revealing strength beneath the surface. The Cloudspun fabric offers exceptional softness while managing moisture, supported by Thermoadapt technology that adjusts to changing body temperatures. LUXFIT-powered Shapeluxe leggings sculpt and support without restriction and created for intensity and comfort. In footwear, PUMA’s cutting-edge NITRO™ technology delivers ultra-lightweight propulsion, helping athletes of all levels move smarter and faster.

HYROX is more than just a fitness race. It’s a global movement built on grit, community, and consistency. It reflects how people today approach fitness, not just for results, but for identity. Sports brand PUMA India brings that energy to both the fitness arena and the street with this collection.

PUMA is the official apparel and footwear partner for all HYROX races worldwide from 2024 to 2027. Besides working closely with the HYROX team to build the sport in India, PUMA also develops apparel and footwear for the ultimate fitness race.

Get ready, Delhi! After a blockbuster debut in Mumbai, HYROX is all set to bring its electrifying second edition to the capital on July 19. The city will be transformed into a high-octane arena where fitness enthusiasts from across India and around the globe will gather to push their limits, test their strength, endurance, and mental grit, and be part of a fitness revolution like never before.

Bangalore gets its very first “Paradise Kebab fest”

Bangalore, 17th July 2025 : Paradise Food Court – The biggest food chain serving authentic and delectable Hyderabadi cuisine with seven decades of legacy is bringing to Bangalore a new kebab treat through the “Paradise Kebab Festival”. The one-of-its-kind kebab fest beginning on 16 July in Bangalore will bring a variety of kebabs from different states of India as a one-stop kebab destination at Paradise. The kebabs will be available at all Paradise outlets across at the city as dine-in or take-aways and can also be ordered online on food deliveries portals. Known for serving foods authentic to the royal kitchens of Hyderabad, Paradise is bringing the unique fest to one of the most cosmopolitan cities in India. Foodies and kebab fans can now relish in the most popular kebabs of India right in Bangalore.

From Zafrani Kalmi Kebab from J&K to Reshmi Malai kebab from Madhya Pradesh, to Salem Chicken Tikka Kebab from Tamil Nadu; you name it you have it the kebab fest. The list does not stop here. Bhuna Chicken Tikka Kebab from Uttar Pradesh to Nilgiri Chicken Tikka Kebab are also on the menu. The vegetarian options include the best of Maharashtra’s Thecha Paneer Tikka Kebab and Rajasthan’s Mathania Paneer Tikka Kebab.
Paradise ensures maintaining the authentic taste and flavours prepared under the most hygienic conditions and their standard safety protocols.

Mr. Robinder Singh, COO – Paradise Food Court Pvt. Ltd. said, “At Paradise, we have maintained seven decades of authenticity and reliability. The committed team and staff at Paradise ensures that foods is prepared in the most hygienic way aligned with the quality control.”

“We are very meticulous with the quality of the ingredients used and the cooking procedure while ensuring that the taste is true to the Hyderabadi cuisine. When it comes to a festival like this where we bring delicacies from every part of the country, we are all the more meticulous to dish out the best,” said Mr. Swatantra Gautam – Vice President, Culinary, Paradise Food Court Pvt. Ltd.

The food chain has acquired its place in the Limca Book of Records for ‘Most Biryanis Served In A Year’. In 2017, Paradise catered over 70 lakh servings of biryani and in 2018 the numbers crossed over 90 lakh. Paradise also won the ‘Restaurant Serving The Best Biryani’ award at the Asia Food Congress and Golden Spoon Award at the India Food Forum in 2018. Through the years they have won several accolades and laurels from Telangana State Hotels Associations, GHMC, Times Food Award, Pride of Telangana and Lifetime Achievement Award to name a few.

LT Foods’ Organic Business Arm – Nature Bio Foods (NBF) enters Business-to-Consumer (B2C) segment

New Delhi, (India), 16th July, 2025: LT Foods, the 70-year-old Indian-origin global FMCG Company in the consumer food space, has announced that its organic business arm, Nature Bio Foods Limited, has forayed into the Business-to-Consumer (B2C) segment in Europe with the inauguration of a new facility in Maasvlakte, Rotterdam.

The move is part of LT Foods’ strategic growth roadmap, which aims to diversify its go-to-market approach by entering the Business-To-Consumer (B2C) segment, thereby complementing its strong Business-To-Business (B2B) foundation. This expansion reinforces Nature Bio Foods’ position as one of the leaders of the organic movement globally and deepens its commitment to bridging the gap from ‘Farm to Folk’, bringing sustainably grown organic ingredients from India, Africa, and beyond, directly to consumers and brands in Europe.

The initial Capital Expenditure (CAPEX) for this new facility is in the tune of Rs. 20 crores. The company would be investing another Rs. 15 crores over the next 3 years. Spread over 20,000 square meters, the new facility is strategically located at the ‘Port of Rotterdam’, which is widely considered as the “Gateway to Europe” for logistics due to its strategic location, extensive infrastructure, and role as a major hub for maritime and inland transportation.

The new facility boasts of four CO₂ pressure treatment chambers for chemical-free disinfestation. It possesses three cleaning and processing lines with one for seed, one for grains and one for bulk loading for industries. The new facility has advanced retail packaging lines with an annual handling of 15,000 MT. It has a storage capacity for 15,000 pallets and a smart warehouse system aligned with the company’s sustainability goals.

The facility will handle a wide range of dry organic products including Organic rice, pulses, superfoods, oilseeds like flaxseed, sesame, buckwheat, chia, quinoa, sorghum, and cashews, all ready for mainstream consumers across Europe. The company has already attracted interest from major retailers in Germany and the Benelux region. With this new capability, the company will not only continue sourcing from India and Africa but also expand its procurement from over 20 countries worldwide, delivering premium organic ingredients to European shelves.

Speaking on the occasion, Mr. Ashwani Arora, Managing Director and CEO, LT Foods said, “The move is a bold step toward strengthening a traceable, efficient, and climate-conscious organic supply chain in Europe. It is a proactive approach to expand the business and create a replica of the successful India model across geographies. This will further help LT Foods scale up the growth from the organic segment. This expansion not only reinforces LT Foods’ commitment to responsible sourcing and environmental stewardship, but also positions us to unlock significant growth potential from the organic segment in key international markets.”

Sharing his views, Mr. Rohan Grover, CEO, Nature Bio Foods Limited, said, “With this expansion, our universe has just become bigger. We’re proud to have built a world-class facility far from home, with the best technology and the right talent to drive our mission forward. We are now poised to make an even bigger contribution to the € 45 billion organic market in the European Union. The company expects to see revenue acceleration beginning FY 2026-27, with an anticipated additional ₹400 crores in revenue over the next five years, driven by this strategic investment.”

Blissclub launches AirMelt collection with new fabric engineered for all-day wear

Bengaluru, 16 July 2025: Blissclub, a homegrown movement-first apparel brand for women, has announced the launch of its latest collection – AirMelt™️. Engineered for comfort, flexibility, and all-day wear, the collection introduces a new fabric innovation that supports Indian women through every part of their day, from work to leisure.

Developed using a premium polyester-spandex blend, AirMelt™️ is characterised by its featherlight feel and four-way stretch. The material also offers sweat-wicking capabilities, making it suitable for both indoor and outdoor movement. Blissclub has adopted fibre-stage dyeing techniques for this collection, resulting in colours that are long-lasting and resistant to fading.

The inclusive range features silhouettes tailored for Indian body types, including flare pants with invisible pockets, cuffed joggers, shorts, crop tees, apple-hem tees, and zippered jackets. The designs aim to provide functional versatility while offering easy styling options for everyday wardrobes.

“AirMelt™️ is the result of months of research, material testing and design iteration,” said Minu Margeret, Founder and CEO of Blissclub. “Every detail was carefully considered to ensure the garments move with you and feel like second skin. We wanted to create pieces that allow women to go about their day without feeling restricted or uncomfortable. At Blissclub, we have always believed in designing for how Indian women actually live and move, and AirMelt™️ is our response to that. It brings together thoughtful construction, everyday performance and unmatched softness in a way that feels seamless. Our goal is to create clothing that doesn’t just look good but feels effortless to wear and adapts to your day.”

The launch comes at a time when India’s women’s apparel segment is witnessing growing demand for performance-led clothing that caters to both active and casual lifestyles. AirMelt™️ adds to Blissclub’s existing portfolio of proprietary fabric lines such as BareButter and RibSupreme, which combine technical features with flattering silhouettes.

Blissclub’s latest collection is now available on blissclub.com and in retail stores across cities.

Himadri Speciality Chemical Ltd PAT Grows by 48% to Rs. 183 Cr in Q1FY26

Quarterly Highlights of Standalone Financials:

Commenting on the results and performance, Mr. Anurag Choudhary, CMD & CEO of Himadri Speciality Chemical Ltd said: “We are pleased to report our highest-ever quarterly EBITDA and PAT, underscoring a strong, resilient and sustainable financial performance. For the quarter, EBITDA stood at Rs. 234 Crores while Profit After Tax (PAT) came in at Rs. 183 Crores. This significant growth in profitability was driven by our continued focus on high-value speciality products, operation efficiencies leading to improvement in yields and strengthening of our waste heat recovery systems. While our topline was marginally impacted by the correction in raw material prices, the quarter was marked by notable progress across strategic and operational fronts.

We commenced operations at Birla Tyres and simultaneously unveiled its new brand identity—including a modernized logo and a redesigned corporate website. This rebranding initiative is part of a broader transformation to reposition Birla Tyres as a high- performance, future-ready brand on the global stage. In the coming months, the brand will roll out an integrated marketing campaign across digital, television, print, and outdoor platforms to enhance brand recall and deepen engagement with both new-age and long- standing customers.

This quarter also marked a significant step forward in our vision to become a global leaders in clean-tech and energy materials. We entered into an exclusive technology licensing agreement with Sicona, an Australian next-generation battery materials company. This partnership allows Himadri to localize and commercialize Sicona’s proprietary SiCx® silicon-carbon anode technology in India. SiCx® has shown the potential to boost battery energy density by up to 20% and improve charging speed by 40%—a breakthrough for lithium-ion battery performance, especially in electric vehicles and energy storage systems.

Further advancing our strategic roadmap, we invested USD 4.43 million to acquire a 16.24% equity stake in International Battery Company (IBC), a U.S. headquartered technology developer and manufacturer of chemistry-agnostic prismatic Lithium-ion cells. This collaboration provides us with access to IBC’s established manufacturing infrastructure in South Korea and its upcoming Gigafactory in Bengaluru, slated to commence operations by Q4 FY26. This is a significant milestone for Himadri, marking the start of the commercial deployment of our LFP Cathode active and anode materials, while enabling access to IBC’s expanding customer base across the U.S., India, and East Asia.

Our performance this quarter reaffirms the strength of Himadri’s foundation and the clarity of our strategic direction. As we scale investments in battery materials, deepen global partnerships, and pursue innovation with sustainability at its core, we remain confident in our ability to generate long-term value for all stakeholders.”

Torrent Pharma Delivers Strong FY25; Global Expansion on Track

Torrent Pharmaceuticals Posts Strong Revenue Growth; Sets the Stage for Accelerated Global Expansion and Margin Upside

July 16, 2025: Torrent Pharmaceuticals Ltd. (TRP) has reported a robust 7.3% year-on-year (YoY) revenue growth, propelled by a 12.5% surge in its branded business, with sustained momentum in the domestic market continuing to serve as the cornerstone of its performance. The company remains confident in delivering a 12% revenue CAGR over FY25–28, supported by ongoing field force expansion, new product launches, and the growing contribution from Curatio.

Domestic Business: Driving Double-Digit Growth Leadership

TRP’s domestic franchise continues to outperform the Indian Pharmaceutical Market (IPM) in both volume and value growth. The company recently expanded its medical representative (MR) strength to 6,400, with plans to scale this further to 6,800–6,900 by FY26-end. Growth remains broad-based across key chronic therapies—Cardiac, Anti-Diabetic, GI, CNS, and Dermatology—complemented by the momentum of Curatio, which delivered 19% YoY growth in FY25.

With an aggressive focus on clinically differentiated launches, increased productivity, and in-licensing deals, Torrent expects to maintain 12% domestic CAGR over FY25–28, reinforcing its leadership in high-value therapy areas and its rising footprint in consumer health.

US Business: Poised for Strategic Inflection

Following a subdued FY25, Torrent’s US operations are set for a meaningful recovery from FY26 onwards. The company now has USFDA-cleared manufacturing facilities at Indrad and Pithampur, enabling 7–8 new launches annually. The dedicated oncology facility and a deepening pipeline in complex generics and high-value, hard-to-make products position the company well for long-term growth. Torrent targets breakeven in the US business by FY26, laying the foundation for top-line acceleration and improved profitability.

Brazil: Growth Recovery on Track

Despite temporary headwinds in FY25 due to BRL depreciation and channel destocking, Torrent remains the No. 1 Indian pharma company in Brazil. With the easing of pricing pressures and stabilization of the BRL, growth is expected to resume from FY26. A robust product portfolio in CNS, Cardio, and Diabetes, investments in local manufacturing, and enhanced digital engagement tools will support the return to double-digit growth in the region.

Margin Outlook: Positioned for Expansion

Torrent sustained EBITDA margins of 33% in FY25, despite currency and regional challenges. Looking ahead, margins are projected to improve by 300 bps to 35–36% over FY26–28E, driven by:

• Improved PCPM (Per Capita Productivity per MR) in India
• Currency normalization and inventory stabilization in Brazil
• Product mix shift towards complex generics and differentiated launches
• Operating leverage from US business breakeven

Torrent continues to invest in technology-led efficiencies, cost optimization, and scalable growth platforms, reinforcing its position as a high-margin, innovation-driven pharmaceutical leader.