Category Archives: Business

This Sunscreen Day, Let’s Bust a Myth: SPF Isn’t Just for Summers

Mumbai: 26th May marks Sunscreen Day, a global reminder that sunscreen is not just a summer essential—it’s a year-round commitment to your skin’s health. While many associate SPF with sunny beach days, the truth is: UV rays don’t disappear with clouds or rain.

That’s why this Sunscreen Day, The Body Shop is championing everyday, all-weather sun protection with one of our most loved Skincare essentials — because skin is under constant attack from sun, blue light, and pollution.

● To help combat these daily stressors, The Body Shop’s Skin Defence multi-protection, light essence SPF 50 PA+++, a lightweight, non-greasy formula, hydrates while offering powerful protection. It’s your skin’s first line of defence — and an everyday essential you won’t want to leave home without.What does it do for you? SPF 50 PA+++ broad-spectrum protection against UVA/UVB rays

● Weightless, fast-absorbing formula – absorbs quickly without leaving a white cast

● Infused with Hyaluronic Acid to hydrate without heaviness or stickiness

● Protects against pollution and blue light exposure

● Non-comedogenic, non-sticky and suitable for sensitive skin

● Invisible finish that wears well under makeup

This Sunscreen Day, make the switch from seasonal use to 365 days of SPF.
Because your skin deserves nothing less.

Bengaluru leads GCC fresher hiring for both short and long term, with 17% expecting a 50% surge in 2025 – states NLB Services

The workforce landscape is evolving, with companies increasingly considering freshers as a critical talent pool to drive future growth. As businesses invest in entry-level talent to build a skilled and agile workforce, fresher hiring in the IT sector has gained strong momentum. Compared to last year, hiring has seen a 4% year-on-year increase in 2025 so far. Among sectors, IT – Hardware and Software has led the way, nearly doubling its share from 17% in 2024 to 34% in 2025, followed by FMCG (16%), Insurance (15%), and Pharma (11%) This surge reflects a growing shift towards skill-based hiring, with employers prioritizing candidates with hands-on experience and skills specific to the industry. The most in-demand roles for freshers in IT include Software Developers, Data Analysts, Cloud Support Associates, Cybersecurity Analysts, and DevOps Engineers. Freshers entering the IT sector can expect salary packages ranging from 3.5 lakh to ₹8 lakh per annum, based on their skill set and role. For instance, Software Developers typically earn between ₹2.8 lakh to ₹8.2 lakh per annum. Web Developers’ salaries range from ₹2 lakh to ₹8 lakh per annum for freshers. Additionally, cities like Bengaluru offer higher salaries, with junior roles paying approximately 23% above the national average.

Beyond metro cities, Tier 2 and Tier 3 cities are emerging and creating new opportunities for freshers in IT as well as Non-IT sectors. For instance, cities like Mysuru, Gandhinagar, Visakhapatnam, Indore, Lucknow, Kochi, Jaipur, and Vijayawada are witnessing remarkable growth, driven by a strong talent pool choosing to stay local rather than relocating to expensive, established tech centers. From a technology talent perspective, this shift is positioning smaller cities as key players in India’s tech-driven future. For instance, Coimbatore, Indore, Udaipur, Bhubaneshwar, Jaipur and Chandigarh are evolving into IT hubs, with fresher salaries ranging from ₹3.5 lakh to ₹6 lakh per annum, slightly higher than those in metro cities. Additionally, cities like Nashik, Salem, and Vadodara are gaining prominence as preferred locations for Global Capability Centers (GCCs), further solidifying their role in India’s expanding tech landscape.

In the Indian GCCs ecosystem, firms are continuing their growth trajectory and fresh hiring trends are evolving, with a strong focus on young talent and diversity. According to “India’s Talent Takeoff-The GCC 4.0 story” report, 64% of GCCs anticipate a 1–20% increase in fresher hiring, ensuring a strategic expansion aligned with business needs in 2025. Meanwhile, 9% anticipate a surge of over 50%, signaling a future where freshers play a pivotal role in driving GCC innovation and growth. Among cities, Bengaluru stands out with the highest optimism for fresher hiring—17% of companies project an increase of more than 50%, indicating a more aggressive hiring approach compared to other cities in 2025.

As GCCs expand globally, with digital transformation and automation at the forefront, the demand for young talent is set to rise sharply in the coming years. By CY2030, 42% expect fresher hiring to surge by over 50%, underscoring a long-term commitment to building future-ready workforces and equipping young professionals with the skills needed for next-gen innovation. Among cities, Bengaluru leads the hiring momentum in the long term as well, with 49% projecting a 50%+ increase in fresher intake by CY2030, highlighting strong long-term optimism for talent growth.

Sachin Alug, CEO, NLB Services, commented, “India Inc.’s focus on entry-level talent is a response to evolving industry demands, driven by advancements in automation, cybersecurity, and cloud transformation. Companies are not just hiring freshers to fill roles but strategically investing in them to build a future-ready workforce. The hiring momentum among Global Capability Centers (GCCs) reflects this shift, with fresh talent playing a pivotal role in driving innovation in digital security, intelligent automation, and scalable cloud solutions. Additionally, with an increasing number of women freshers entering critical roles in areas like Information Technology (IT), banking, financial services, and insurance (BFSI), manufacturing, and healthcare services, the gender gap at the entry level is narrowing, with a ratio of 47:53 (men: women), significantly better than the 95:5 (men: women).

Radisson Hotel Group expands footprint in East India with signings in Deoghar, Puri and Ranchi

Radisson Hotel Group continues its ambitious growth and development plan in India with the signing of a strategic three-hotel deal, Radisson Blu Hotel Deoghar, Jharkhand, Radisson RED Puri, Odisha, and Radisson Resort & Spa, Ranchi, Jharkhand, marking a significant step in the Group’s East India expansion strategy. With a combined key count of 400 across the three locations, this partnership reinforces the Group’s commitment to offering unique experiences tailored to local demands and driving growth in East India. Each hotel under the deal is structured to leverage unique regional market dynamics, ensuring synergy across the portfolio.

In Deoghar, Jharkhand, the Group is set to open the city’s first internationally branded upper upscale hotel under the Radisson Blu brand. As a spiritual and medical tourism hub with increasing demand for quality accommodation, Deoghar is strategically positioned near Bihar and is rapidly emerging as a preferred destination for large-scale weddings and MICE events. Located close to Deoghar Airport and AIIMS, the hotel will cater to pilgrims, wellness travelers, offering scenic views of the Tapovan Hills and Trikuta Hills.

Puri, Odisha, welcomes the Group’s first core-branded property in the state with the debut of Radisson RED Puri. Situated near the golden sands of Puri Beach along New Marine Drive Road, the hotel blends RED’s bold design language with curated F&B and wellness offerings. Positioned to serve both modern leisure seekers and spiritual tourists, the hotel is expected to be a sought-after destination during landmark events such as the annual Ratha Yatra at the Shree Jagannath Temple. Its proximity to Bhubaneswar further enhances its appeal for destination weddings.

The third property in the portfolio is Radisson Resort & Spa in Ranchi, Jharkhand’s capital. Located along the Ranchi-Jamshedpur highway, the resort will be surrounded by lush greenery, offering a premium setting for MICE events, weddings and leisure getaways. Ranchi continues to thrive as an administrative and economic hub, and this signing further strengthens the Group’s presence in the state —marking its fifth hotel in Jharkhand and second in Ranchi.

“With the growing momentum of spiritual, cultural, and medical tourism in India, Radisson Hotel Group is focused on staying ahead of the curve by offering world-class luxury and upscale hospitality across cities. With over 13 (five operational, eight in pipeline) properties in East India, this three-hotel signing deal is a strong testament to our commitment to expanding in high-potential markets across the country. With strategic locations and tailored brand offerings, these hotels will further reinforce our presence in East India while delivering an exceptional experience to the guests,” said Nikhil Sharma, MD & COO, South Asia, Radisson Hotel Group.

Radisson Blu Hotel, Deoghar is designed with curated F&B concepts tailored to the region’s palette and expansive M&E spaces to target the large-scale weddings and MICE market. As the first internationally branded hotel in the market, it will fill the gap for an upper-upscale branded property, building strong brand equity and long-term visibility. Radisson RED Puri features 105 well-appointed rooms, curated F&B concepts and lifestyle-focused elements aligned with RED’s design philosophy. The hotel will be divided into two sections: A beachfront area with low-rise rooms, a swimming pool, and one F&B outlet, and a block-structure housing rooms, a rooftop bar with ocean views, meeting spaces and wellness facilities. This will be the city’s first upscale lifestyle hotel, setting it apart from existing and upcoming branded developments. Set on an eight-acre land, Radisson Resort & Spa Ranchi will feature 175 well-appointed rooms and extensive meeting and banquet facilities, targeting the growing weddings and social MICE market, addressing the market gap for upscale resorts.

“This signing reflects our continued focus on unlocking value in high-potential micro-markets that are witnessing strong demand across spiritual, leisure and business travel segments. Deoghar, Puri and Ranchi each present a distinct opportunity — from being deeply rooted in religious & leisure tourism circuits to evolving into emerging economic and wellness hubs. Through a brand-right approach by offering three distinctive brands, Radisson, Radisson Blu & Radisson RED, and trusted local partnerships, we aim to build a diverse and future-ready portfolio that meets the needs of today’s discerning travelers while accelerating our growth in East India,” said Davashish Srivastava, Senior Director, Development South Asia, Radisson Hotel Group.

“Partnering with Radisson Hotel Group aligns with our vision to bring high-quality hospitality experiences to emerging destinations. With Radisson’s operational excellence and strong brand equity, we’re confident this collaboration will elevate the hospitality landscape in Jharkhand and Odisha while offering travelers world-class comfort rooted in local context,” said owners — Sanjay Kumar Sharda director, Sharda Devcon Private Limited.

Radisson Hotel Group continues to command a leading presence in the Indian market and is one of the country’s largest international hotel operators with over 200 hotels in operation and development. It continues to be the largest hotel operator in metros like Delhi NCR, while over 50% of its portfolio is in tier-2 and tier-3 markets. RHG has successfully introduced various brands to the growing Indian market, including Radisson Collection, Radisson Blu, Radisson, Radisson RED, Park Inn by Radisson, Park Plaza, Park Inn & Suites by Radisson and Radisson Individuals and its extension Radisson Individuals Retreats.

One Point One Solutions Reports Robust Financial Performance in Q4 FY25

Mumbai, May 26, 2025: One Point One Solutions (NSE: ONEPOINT), a leader in next-generation Business Process Management (BPM) services, announced its financial results for the fourth quarter ending (31^st March 2025), demonstrating robust performance across key financial indicators.

One Point One Solutions Achieves 54.24% Year-on-Year Growth, FY25 Revenue Surges to ₹270.17 Crore

FINANCIAL PERFORMANCE:

Consolidated for Q4 FY 2024-25:

FINANCIAL HIGHLIGHTS:

• Total Income: Grew to ₹ 73.62 crore in Q4 FY25 from ₹ 53.30 crore in Q4 FY24, marking a substantial 38.12 % year-on-year increase.
• EBITDA: Increased 21.31 % from ₹ 15.53 crore in Q4 FY24 to ₹ 18.84 crore in Q4 FY25
• PAT: Rose to ₹ 8.74 crore in Q4 FY25 up from ₹ 6.66 crore in Q4 FY24, reflecting a 31.21 % year- on-year growth

BUSINESS HIGHLIGHTS:

• Signed a term sheet to acquire a US-based healthcare firm specializing in Revenue Cycle Management (RCM) for $45 million (₹371 crores), including earnouts.
• Signed a term sheet to acquire a leading India-based Business Process Consulting and Management (BPCM) firm at an enterprise value of ₹261 crores.
• Secured two major international contracts with a medical device company in Tampa, Florida, and a publicly listed Swedish firm operating across Sweden, India, and the US.
• Won the Best AI/ML Driven Data Center Innovation award at the ET Cloud Summit 2025.
• Recognized with the Contact Center Excellence Award 2024 and a prestigious brand award by
• BARC Asia, reflecting operational excellence and innovation.

MANAGEMENT COMMENT:

Commenting on the results, Mr. Akshay Chhabra, Chairman & Managing Director said, “We are proud to report a robust financial performance in Q4 FY25, capping off a transformative year for One Point One Solutions. Our Q4 total income surged by 38% year-on-year to ₹73.62 crore, while our PAT rose 31% to ₹8.74 crore, underscoring the effectiveness of our operational strategies and client-focused approach. For the full fiscal year, we achieved a significant 54% growth in total income and a 55% increase in PAT, driven by strong demand across our service lines and geographies.

 The successful acquisition and integration of ITCube Solutions during FY25 has bolstered our capabilities in IT, BPM, and KPO, enabling us to offer end-to-end digital transformation solutions. This move has not only expanded our service portfolio but also extended our geographic footprint to the US, UK, Europe, and the Middle East, significantly enhancing our global delivery capacity.

 Our continued investment in next-generation technologies such as GenAI and intelligent automation has empowered our teams to deliver superior outcomes to over 50 clients. With a dedicated workforce of more than 5,600 professionals and a growing international presence, we are well-positioned to capitalize on emerging opportunities and deliver sustainable value to all stakeholders in the years ahead.”

Olympic champion Neeraj Chopra joins hands with Audi India

New Delhi, May 26, 2025: JSW Sports, on Monday, announced that its athlete – double-Olympic medalist Javelin thrower and global sports icon, Neeraj Chopra – has partnered with German Automotive Manufacturer Audi, marking a powerful collaboration that brings together two leaders driven by performance, precision, and a progressive mindset.

Chopra, whose historic javelin throw at the Tokyo Olympic Games captured the nation’s imagination, now partners with Audi India – a brand globally renowned for its engineering excellence, relentless innovation, and forward-thinking design. The partnership celebrates the shared values between the athlete and the brand – world-class performance, explosive speed and iconic stature.

“At Audi, we stand for those who push boundaries – those who are not just defined by performance, but by the relentless pursuit of excellence. Neeraj Chopra is the embodiment of that spirit. Determined and iconic, his journey from ambition to achievement mirrors Audi’s progressive DNA. His focus, speed, and unmatched performance make him a natural extension of our brand – a symbol of what it means to lead, not follow,” said Balbir Singh Dhillon, Head, Audi India.

Known for his technique, Neeraj reflects the very attributes Audi holds at its core – precision, determination, and the drive to break limits. From the racetrack to the runway, and from the sports arena to the global stage, this partnership signals a shared vision for excellence. Neeraj, who followed up his Olympic Gold with top spots at the Asian Games, Commonwealth Games and World Championships, would later win Silver at the 2024 Paris Olympic Games.

“I’ve always admired Audi – not just for the cars, but for what the brand stands for. As an athlete, these values resonate deeply with me. Whether it’s on the field or in life, the pursuit of excellence never stops. I’m excited to join the Audi family and represent a brand that inspires forward motion in everything it does,” said Chopra, expressing his excitement at the partnership.

The association not only celebrates an icon of Indian sport but also signals Audi’s commitment to aligning with individuals who champion innovation, resilience, and evolution. Neeraj’s progressive approach to training and relentless quest to refine his performance make him a perfect fit for Audi’s evolving journey.

“All of us at JSW Sports are really happy to facilitate this association between Neeraj and Audi India, which is truly a landmark partnership for Indian sport and business. Audi is a car manufacturer that Neeraj really admires, and one whose vision as a brand aligns with that of his as an athlete. All our conversations with Audi have been very positive, and with Neeraj being one of India’s finest athletes, I genuinely believe the potential of this partnership is limitless,” said Karan Yadav, Chief Commercial Officer, JSW Sports.

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.

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.

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.

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

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.

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.