29, May 2025
General Insurance Council launches ‘Achha Kiya Insurance Liya’ campaign to bridge awareness gap in India’s non-life insurance market
Mumbai, May 29, 2025: The General Insurance Council (GIC) of India, the apex industry body representing all non-life insurers in India, has launched a nationwide awareness campaign titled ‘Achha Kiya Insurance Liya’. Aligned with the ambitious goal of “Insurance for All by 2047”, the initiative aims to normalize insurance as an everyday financial safeguard and focuses on bridging the significant perception and trust gap in uptake of general insurance.
As per research conducted by General Insurance Council, awareness around insurance products such as motor, life, and health insurance are relatively high—motor insurance being the most purchased at 34%, followed by life at 27% and health at 15%. Other insurance categories such as home, travel, and crop insurance remain underutilized and under-promoted. Penetration in rural areas continues to be low, with the exception of crop insurance, which is largely accessed via bank branches and agricultural service providers. The main triggers for insurance purchase include desire for safety and financial security, compliance with legal mandates (especially in the case of motor insurance), and growing concerns around rising healthcare costs. However, significant barriers continue to hinder widespread adoption.
“There’s a clear disconnect between awareness and action. Insurance is still viewed more as a reluctant expense than a financial shield, the mindset shift is waiting to happen, and it begins with trust and relatability. ‘Achha Kiya Insurance Liya’ is our collective attempt to bring insurance closer to the lives and language of ordinary Indians. This is about demystifying insurance, making it relevant and rewarding not intimidating.” says, Dr. Tapan Singhel, Chairman, GI Council and MD & CEO, Bajaj Allianz General Insurance Co. Ltd.
In a bid to strengthen India’s financial resilience, the initiative highlights the essential role of general insurance in protecting one’s hard-earned savings and assets from unexpected events such as accidents, medical emergencies, property loss, and travel disruptions. By breaking down common myths and clearly presenting the benefits of various insurance types—including motor, health, home, travel, and crop—the campaign encourages individuals to take proactive steps toward securing their financial future.
The insights from the report shaped the campaign’s core narrative: making insurance conversations more relatable, frequent, and accessible in everyday life. Shifting away from using overwhelming and complex jargon or fear-led, & prescriptive messaging, the campaign showcases everyday stories told by pets to show how helpful insurance can be—highlighting the comfort of being prepared, the peace of having coverage, and the value of smart planning.
As India looks toward achieving universal insurance coverage by 2047 under the IRDAI’s vision, the ‘Achha Kiya Insurance Liya’ campaign is a step in the direction of sector-wide alignment bridging consumer gaps, building trust, and making insurance a mainstream financial choice for all. The General Insurance Council is also encouraging insurance companies to make policies easier to understand, simplify claim processes, and offer flexible payment options. The idea is not just to sell policies but to build enduring confidence in the system, reinforcing the industry’s role as a reliable partner in people’s financial journeys.
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- By Neel Achary
29, May 2025
Madame Strengthens Footprint in Chhattisgarh with its new store in Raipur
29 May 2025, Raipur: Madame, India’s leading women’s fashion brand, has unveiled major expansion in Chhattisgarh with the successful opening of its new store at Main Road, Pandri, Raipur. After establishing a strong foothold at Magneto Mall, this is the brand’s second store in Chhattisgarh. The fashion-forward label is set to launch many new stores across India in 2025, reinforcing its commitment to tier-2 and tier-3 fashion markets in Central India.
The move is part of Madame’s wider retail growth strategy, aimed at delivering contemporary global fashion to aspirational Indian women beyond the metros.
“Chhattisgarh represents a vibrant, growing market with tremendous potential for premium women’s fashion,” said Akhil Jain, MD & CEO, Madame. “The overwhelming response to our recent stores has encouraged us to fast-track our expansion. With increasing disposable income and fashion awareness, consumers here are actively seeking stylish, high-quality clothing—and Madame is ready to meet this demand.”
Madame’s expansion in Chhattisgarh is part of its broader strategy to strengthen its retail network across India. The Raipur stores is located at a bustling and convenient location. It features Madame’s complete collection. Customers can explore breathable dresses, lightweight tops, versatile denim, sling bags, perfumes, and stoles—all curated to suit modern women.
The summer collection features bold and playful prints including abstract, floral, and geometric styles, with a product mix spanning dress, skirts, co-ord sets, jumpsuits, and trend-led denim. Madame’s focus on fabric innovation, trend forecasting, and silhouette design is informed by a data-driven approach to enhance both consumer satisfaction and market reach.
“Chhattisgarh’s women are fashion-savvy and appreciate quality and style—values that are core to Madame’s identity,” said Jain. “Our expansion isn’t just about opening more stores; it’s about creating immersive fashion destinations that reflect what today’s Indian woman desires.”
29, May 2025
DEE Development Reports Record Rs289 Cr Income and Rs32 Cr PAT in Q4 FY25, EBITDA Margin at 22.9%
Mumbai, 29th May 2025: DEE Development Engineers Limited (herein referred to as “DDEL”), one of the most trusted names in the Process Piping Solutions, announced its Q4 FY25 and FY25 results today. The Board of Directors of DDEL at its meeting held on 29th May 2025 took on record the audited Financial Results for the Financial Year 2024-25.
Commenting on the results, Mr. Krishan Lalit Bansal, Chairman, DEE Development Engineers Limited said:
“We are delighted to share that the company has delivered strong, broad-based growth in the fourth quarter of Financial Year 2025.
In Q4 FY25, our total income reached ?28,897 Lacs, reflecting a strong 16.1% year-on-year and 79.4% quarter-on-quarter growth. For the full year, total income stood at ?84,826 Lacs, representing a 5.1% increase over FY24. Our orderbook as on April 30, 2025 stood at ?1,27,458 Lacs.
Our operational performance remained resilient, with EBITDA rising to ?6,611 Lacs in Q4 FY25 — a 63.9% YoY and 1,284.9% QoQ growth. The quarterly EBITDA margin stood at 22.9%, up by 667 basis points YoY. For the full fiscal year, EBITDA came in at ?14,466 Lacs, up 20.0% YoY, with the EBITDA margin improving by 211 basis points to 17.1%.
Our profitability also witnessed strong growth, with Profit After Tax (PAT) for Q4 FY25 standing at ?3,151 Lacs, marking 165.5% YoY growth. The PAT margin for the quarter was 10.9% registering a growth of 614 basis points. For FY25, PAT stood at ?4,363 Lacs, marking a growth of 66.5% YoY.
Our Anjar Facility expansion is progressing as scheduled, with an additional 15,000 MTPA set to be commissioned by October 2025, taking the Anjar facility’s total capacity (excluding heavy fabrication) to 30,000 MTPA.
Designed with a U-shaped layout and equipped with advanced automation, the plant enables efficient material handling, reduced operational costs, and boosting productivity. Its strategic proximity to Kandla and Mundra Ports enhances logistics efficiency and profitability. By focusing on the Oil & Gas sector, Anjar frees up the Palwal facility to specialize in the Power sector, improving overall operational focus and resource allocation.
Simultaneously, the development of our high-wall seamless thickness pipe plant is advancing on schedule. We remain firmly on track to commence commercial production by January 2026 — a key step in our backward integration strategy aimed at improving supply chain efficiency and cost competitiveness.
As covered in the press release earlier this month, we are deeply disappointed with the recent downward revision of the tariff order for our two biomass power plants, issued by the Punjab State Electricity Regulatory Commission. It is our firm belief that the decision is legally untenable and also fails to reflect the ground realities of operating dedicated biomass power plants. Unlike co-generation units that use industrial by-products like bagasse, our plants rely solely on externally sourced paddy straw—a costly and logistics-intensive fuel. By equating two fundamentally different models, the Commission has made assumptions that are arbitrary and unsustainable.
This decision undermines years of work toward rural empowerment and environmental protection. Our plants have prevented stubble burning across over 80,000 acres annually, provided livelihoods to more than 8,000 rural families, and directly supported India’s climate goals. Ignoring these contributions sets a worrying precedent for the future of green energy in India.
We urge the authorities to revisit this matter with fairness and vision. Our projects are more than just power plants—they are instruments of social, economic, and environmental transformation.
Looking ahead, we remain committed to operational excellence, strategic technology investments, and sustainable growth.
We will continue to adapt our strategies to ensure long-term value for all our stakeholders. We sincerely appreciate your continued trust and support, and we look forward to achieving new milestones together.”
Key Highlights Q4 FY25 & FY25
Total Income:
o Total income at ? 28,897 Lacs for Q4 FY25, registering a growth of 16.1% YoY and 79.4% QoQ
o Total income at ? 84,826 Lacs for FY25, registering a growth of 5.1% YoY
EBITDA:
o EBITDA at ? 6,611 Lacs in Q4 FY25, up by 63.9% YoY and 1,284.9% QoQ. EBITDA Margin stood at 22.9%
o EBITDA at ? 14,466 Lacs in FY25, up by 20.0% YoY. EBITDA Margin stood at 17.1%
PAT:
o PAT stood at ? 3,151 Lacs in Q4 FY25, up by 165.5% YoY. PAT Margin was at 10.9%
o PAT stood at ? 4,363 Lacs in FY25, up by 66.5% YoY
29, May 2025
India Sets New Record for Applications to Rosatom’s North Pole Expedition
Moscow, 29th May 2025 – May 29, 2025 was the last day of the qualifying round for foreign participants of the 6th Icebreaker of Knowledge international scientific and educational project implemented by the network of Nuclear Industry Information Centers (NIIC) with the support of Rosatom. The project, aimed at promoting natural science disciplines and technologies of the nuclear industry, involves the selection of students aged 14-16 from all over the world to participate in a scientific and educational expedition to the North Pole aboard the 50 Let Pobedy nuclear icebreaker. This year’s expedition is dedicated to the 80th anniversary of the Russian nuclear industry and the 500th anniversary of exploring the Northern Sea Route.
Over 3,500 students from 20 countries, including Belarus, Bolivia, Brazil, Hungary, Vietnam and others, took part in the foreign qualifying stage. This year, a record number of entries for the competition came from Kyrgyzstan, India and Bangladesh. The competition was being held online on the goarctic.energy website. Participants of the international selection process were asked to take a scientific quiz and a series of webinars on the topic of nuclear technology, and at the end to test their knowledge and fill in the notes. In the final round of the competition, the applicants who have scored the most points will face another challenge: they will be asked to make a video presentation on how nuclear technology can change life in their countries. The creative assignments will be evaluated by an international jury. The best of the best will be announced on June 20, 2025.
The Icebreaker of Knowledge scientific and educational project is organized by the network of Nuclear Industry Information Centers (NIIC) with the support of Rosatom. It is aimed at promoting natural science disciplines and technologies of the nuclear industry, finding and supporting talented and gifted children, developing their abilities and offering career guidance. The project participants are students aged 14-16 from all over the world; the best of them embark on the Rosatom scientific and educational expedition to the North Pole aboard the 50 Let Pobedy nuclear icebreaker.
For six years in a row the Icebreaker of Knowledge has been giving talented and active children an opportunity to make an unforgettable trip on a nuclear icebreaker to the North Pole in the company of like-minded people. Since the launch of the project, more than 350 gifted students have participated in Rosatom’s Arctic expeditions. In 2024, the Icebreaker of Knowledge expedition was joined by international participants for the first time. A team of 15 students and experts from Armenia, Uzbekistan, Kazakhstan, Kyrgyzstan, Belarus, Mongolia, Hungary, India, China, South Africa traveled to the North Pole on the 50 Let Pobedy nuclear icebreaker.
The Northern Sea Route (NSR) is the shortest shipping route between the western part of Eurasia and the Asia-Pacific region and a historically developed national transportation artery of Russia. The first mention of the Northern Sea Route dates back to 1525, when the Russian diplomat Dmitry Gerasimov came up with the idea of using a navigation route along the seas of the Arctic Ocean, opening up the prospects of maritime communication between Russia and China. From this moment began the Russian history of development of the Northern Sea Route, which will be 500 years old in 2025.
In 2018, the Russian Government authorized Rosatom as the infrastructure operator of the Northern Sea Route (NSR). The corporation supervises the federal project Development of the Northern Sea Route, as well as takes part in implementing the Northern Sea Route Development Plan until 2035 and the initiative for socio-economic development of the Russian Federation until 2030 All-Year-Round Northern Sea Route approved by the Russian Government.
Russia is the only country in the world with a nuclear-powered icebreaker fleet. The fleet is operated by FSUE Atomflot, an enterprise of Rosatom. Today there are eight nuclear-powered icebreakers in the icebreaker fleet of FSUE Atomflot.
In 2025, the Russian nuclear industry celebrates its 80th anniversary. The USSR was a pioneer and global leader in the peaceful use of atomic energy: Soviet nuclear engineers built the world’s first nuclear power plant (1954, Obninsk) and made the first nuclear-powered icebreaker to help explorers of the Arctic (1959, Lenin). Today, Rosatom continues developing and implementing advanced technologies in a wide range of industries. The State Corporation not only builds nuclear power plants, providing clean energy to hundreds of millions of people in dozens of countries around the world, but also ensures the logistics of the Northern Sea Route, produces new materials, develops and manufactures pharmaceuticals for nuclear medicine. The anniversary year is defined by three words: pride, inspiration, dreaming. Nuclear engineers are proud of the feat performed by the industry’s founding fathers. They are inspired by the accomplishments of previous generations. They plan to break new grounds, pushing the boundaries of what is possible. The 80th anniversary of the industry will be celebrated with a number of events, the key one being the World Atomic Week international forum to be held in Moscow this fall.
Rosatom and its enterprises pay special attention to supporting and developing educational, scientific, educational and cultural initiatives. They also participate in the creation of industrial partnership departments in Russian universities, implementation of scholarship support programs, major educational projects, organization of internships and apprenticeships for students with subsequent employment.
29, May 2025
Euro Panel Products Limited announce financial results for FY 24-25, integration of Coating Line increases PAT by 26%
India, May 29, 2025 — Euro Panel Products Ltd, the parent company behind EUROBOND – one of the leading Aluminium Composite Panel Brands in India, has announced its half-yearly and year-to-date financial results for the half-year ended on 31st March, 2025. The company has recorded a significant increase of PAT (Profit after Tax) by 26% to INR 18 Crore in the FY 24-25 ending on March 31 driven by business optimisations, revealed in an exchange filing. This development of the net profit has been driven by Euro Panel Products Limited’s backward integration with a state-of-the-art, India’s most advanced continuous “3Coat 2Bake” coating line — a catalyst for business growth.
The firm has also sustained its gradual increase of product sales in FY 24-25, with figures soaring to INR 423 Crore, an increase of approximately 7%. Driven by its promise of quality and innovation, Euro Panel Products Limited estimates a growing business outlook going into FY 25-26, with new developments in the pipeline. Furthermore, the registered PAT by the company highlights its highest-ever net profit with a 36% compound profit growth in the last 5 years.
Mr. Rajesh Shah, Managing Director of Euro Panel Products Limited, shared his insights on the development, saying, “The FY 24-25 financial results highlight our upward momentum, and the fact that Euro Panel Products Limited is continuing on the right path. We are committed to continue in the path of growth, while transforming the ACP industry both domestically and internationally by embodying the Make in India initiative as our guiding principle. Euro Panel Products Limited will continue to be a hub for innovation and quality, we estimate continuing this upward momentum in FY 25-26 and beyond.”
The Mumbai-based firm recently inaugurated its new state-of-the-art 5,000 square feet headquarters at the Mumbai Solitaire Business Center in Borivali West. The new headquarters has catalysed the firm’s ACP innovation, with R&D efforts taking the lead. This proactive aspect has helped Euro Panel Products Limited to not only sustain but go beyond initial estimates, helping to enhance the firm’s operating profit margin to 10% from 8% in the previous FY.
The company aims to align with changing customer preferences and the larger industry dynamics going forward. This will include engaging in significant R&D efforts while increasing its domestic footprint to penetrate key regional markets and establish itself as the premier destination for superior quality ACP sheets. At present, the company boasts over 100 distributors domestically, along with 16 depots, and more than 5,000 retail locations — all of which will be crucial for its growth in the near future.
29, May 2025
HCLTech recognized as a Customers’ Choice in 2025 Gartner Peer Insights Voice of the Customer for Managed Network Services, Worldwide
NEW YORK and NOIDA, India, May 29, 2025—HCLTech, a leading global technology company, has been recognized as a Customers’ Choice in the 2025 Gartner® Peer Insights™ Voice of the Customer report for Managed Network Services (MNS), Worldwide.
HCLTech received the highest customer rating (4.7 out of 5) and the highest number of reviews (45) among all service providers recognized in the report. Over the 18 months ending January 31, 2025, 92% of the customers expressed their willingness to recommend HCLTech in their reviews.
“A resilient network is the digital backbone of every successful enterprise,” said Jagadeshwar Gattu, President of Digital Foundation Services at HCLTech. “By adopting AI and GenAI, we are driving next-gen automation and transformations for our customers to enhance a seamless total experience. We feel this recognition underscores our efforts to deliver business-aligned solutions with agility and confidence.”
As stated by Gartner, “The ‘Voice of the Customer’ is a document that synthesizes Gartner® Peer Insights™ reviews into insights for buyers of technology and services. This aggregated peer perspective, along with the individual detailed reviews, is complementary to Gartner® expert research and can play a key role in the buying process. Peers are verified reviewers of a technology product or service, who not only rate the offering, but also provide valuable feedback to consider before making a purchase decision.”
29, May 2025
Igniting Gen Z Innovation: Samsung India Launches ‘Solve For Tomorrow 2025’ Competition With Over INR 1 Crore In Grants
GURUGRAM, India, May 29, 2025: Samsung, India’s largest consumer electronics brand, unveiled the fourth iteration of its Samsung ‘Solve for Tomorrow’ initiative – a nationwide contest designed to inspire students to create innovative solutions to address some of society’s most pressing challenges by leveraging technology.
Samsung ‘Solve for Tomorrow 2025’ will provide INR 1 crore to the top four winning teams to support the incubation of their projects, along with hands-on prototyping, investor connects, and expert mentorship from Samsung leaders and IIT Delhi faculty.
This recognition highlights the significance of nurturing solutions that not only excel in the competition but also transcend it, ultimately evolving into scalable and sustainable ventures that will play a pivotal role in shaping communities across India.
The programme, spanning six months, invites students aged 14-22 to submit their tech ideas as either individuals or groups. This year, participants are encouraged to create solutions across four key themes: AI for a Safer, Smarter, and Inclusive Bharat; Future of Health, Hygiene, and Well-being in India; Social change through Sports and Tech for Education and Better Futures; and Environmental Sustainability via Technology.
“With Solve for Tomorrow, we are inspiring young innovators across every corner of India to dream big, tackle real-world challenges, and shape a smarter, more inclusive future through technology. This year, Solve for Tomorrow is going to be even bigger and more inclusive. We are reaching more cities, engaging students from more schools and colleges, and creating avenues for them to innovate, while applying the principles of design thinking. Solve for Tomorrow stands as a testament to our unwavering commitment to the Government of India’s pioneering #DigitalIndia initiative that empowers our youth to become architects of the future,” said JB Park, President & CEO, Samsung Southwest Asia.
“IIT Delhi is excited about fostering innovation, entrepreneurship, and real-world problem solving among youth. Our collaboration with Samsung Solve for Tomorrow offers mentorship, research infrastructure, and technical guidance to help the young turn their ideas into products that impact society. We are delighted to be part of this initiative that enables socially conscious innovation and contributes to Viksit Bharat,” said Prof Rangan Banerjee, Director, IIT Delhi.
“India’s young innovators are at the heart of achieving the Sustainable Development Goals by 2030 and realizing the vision of a Viksit Bharat by 2047. With more young minds to tap solutions than any country ever before, India is uniquely positioned to lead with ideas that address local challenges and inspire global change. Initiatives like Samsung’s Solve for Tomorrow provide a vital platform for young people to turn their ideas into solutions for the global good, using technology to drive inclusive and sustainable progress. The UN in India is proud to support such collaborations, especially with the private sector, that uplift youth leadership, innovation, and action, ensuring that we leave no one behind,” said Shombi Sharp, United Nations Resident Coordinator in India.
“Young people hold the key to solving today’s most urgent global challenges. Initiatives Iike Solve for Tomorrow 2025 empower them to turn their ideas into reality using technology. We are excited to see solutions that help scale youth-led ideas to drive real change across communities,” said Abhishek Singh, Additional Secretary, Ministry of Electronics & Information Technology (MeitY).
The fourth iteration of Samsung India’s flagship Corporate Social Responsibility (CSR) initiative aims to involve thousands of participants, offering more than 82,000 hours of extensive training in Design Thinking, Hands-on Prototyping, Go-to-Market Strategies, and Business Planning. In the final phase, teams selected as finalists will benefit from specialized training and mentorship provided by Samsung, IIT Delhi, and industry professionals.
‘Solve for Tomorrow 2025’ was inaugurated at IIT Delhi in the presence of all partners on Tuesday. Present at the event were Dr Sapna Poti, Senior Director, Office of Principal Scientific Adviser to the Government of India, Shardul Rao, Scientist C, Department of Science & Technology, Government of India and P. S. Madanagopal, CEO, MeitY Startup Hub.
From ideas to impact: Programme stages
The application window for the initiative will be open from April 29 to June 30, 2025. During this period, Samsung will host immersive design-thinking workshops in schools and colleges across the nation, empowering participants with essential problem solving and ideation skills.
After the initial application phase, the top 100 teams will be chosen, with 25 teams selected from each of the themes. At this stage, participants will undergo online training led by thematic experts, followed by a video pitch round where 40 teams will be shortlisted – 10 teams from each theme.
The top 10 semi-finalist teams from each theme will then progress to an intensive mentorship program guided by Samsung’s industry veterans and subject matter experts. These teams will also participate in curated learning visits to Samsung’s state-of-the-art facilities, including the Samsung R&D Institute India in Bengaluru, Noida, and Delhi, as well as Samsung Design Delhi, offering them first-hand exposure to world-class innovation ecosystems.
This phase will culminate in an experiential, hands-on Prototyping Programme at Delhi’s state-of-the-art labs, in collaboration with ‘Solve for Tomorrow’ alumni. There will also be a Residential Bootcamp focused on refining ideas and preparing for the final pitch. The top 20 teams will be finalized after this phase, with five teams from each theme advancing to the grand finale. These top five teams from each theme will receive exclusive one-on-one mentoring sessions with Samsung experts. They will participate in a Prototyping Day, Pitch Presentation, Investor Meet, and Awards Ceremony, all held over the last three days of the competition.
What is in it for the participants
The top 100 teams will receive certificates of achievement. The top 40 teams will receive INR 8 lakh and the latest Samsung laptops for every member. The top 20 will receive with INR 20 lakh and the latest Samsung ZFlip smartphones for each member.
In addition, special awards include the Goodwill Award, Young Innovator Award, and Social Media Champion, with a total prize amount of INR 4.5 lakh.
The four winning teams will collectively receive a grant of INR 1 crore for incubation at IIT Delhi, providing substantial resources to accelerate their innovative projects. This funding aims to nurture their ideas into reality.
First launched in the US in 2010, ‘Solve for Tomorrow’ is currently operational in 68 countries globally and has seen over 3 million young people participate worldwide.
29, May 2025
1 Year After ‘Zaroor’, Aparshakti Khurana Returns With Another Melodic Love Letter, ‘Lafzaan’
National, 29th May 2025: After capturing hearts with the success of Zaroor, the ever-versatile singer-actor Aparshakti Khurana returns to strike an emotional chord once again, and this time it’s with the launch of ‘Lafzaan’. The soulful track is about everything we wish we could say, but somehow don’t. It is intimate, unforgettable, and a soulful ode to silence, love, and everything that remains unsaid.
Dropping exactly one year after his much loved single Zaroor, Lafzaan is a continuation of the same emotional honesty and Aparshakti’s journey as a singer-songwriter. With his signature tenderness, he brings those familiar late-night feelings to life that were too big to fit into words. Delving into the emotions of separation, the song expresses everything we often fail to say, especially when it comes to love and longing.
Composed in collaboration between Aparshakti and rising artist Vishav Dhaliwal, and produced by Mir Desai, the composition beautifully blends a contemporary ballad style melody with a soft, desi warmth that evokes a gentle, almost giddaan-like sway. A love letter set to music, the track explores what happens when emotions outgrow language.
Speaking about the track, Aparshakti Khurana shares, “I am overwhelmed by all the love I received for Zaroor, and I’m overjoyed that so many people could relate to the song on a personal level. Similarly, Lafzaan is a deeply personal piece for me, and I’ve always wanted to continue sharing stories grounded in genuine emotion. This is a track about the kind of love that lingers after words run out. I’ve always believed in music that connects deeply, and with Lafzaan, I hope that listeners find comfort in knowing that love doesn’t need loud declarations. Sometimes it’s in the silence, in the Lafzaan we never say.”
Perfect for 2AM thoughts you can’t explain, long nighttime drives, or even lazy Sunday mornings; Lafzaan just gently tugs at your heart with its poetic depth and a soothing vibe.
29, May 2025
Alkem reports 7.1% YoY revenue growth in Q4FY25; Annual EBITDA margin expands by 170 basis points
Mumbai, May 29, 2025: Alkem Laboratories Ltd. today announced its standalone and consolidated financial results for the fourth quarter and full year ended March 31, 2025. The Board of Directors took record of these results at its meeting held in Mumbai today.
Key highlights of Q4FY25 financial performance
• Total Revenue from Operations was ₹ 31,438 million, with YoY growth of 7.1%.
o India sales were ₹ 21,355 million, YoY growth of 8.1%.
o International sales were ₹ 9,747 million, with YoY growth of 7.2%.
• Earnings before Interest, Tax, Depreciation, and Amortisation (EBITDA) were ₹ 3,913 million, resulting in an EBITDA margin of 12.4% vs. 13.7% in Q4FY24. EBITDA declined by 2.7% YoY.
• R&D expenses for Q4FY25 were ₹ 1,585 million, or 5.0% of total revenue from operations, compared to ₹ 1,757 million in Q4FY24 at 6.0% of total revenue from operations.
• Profit before tax before exceptional items was ₹ 3,963 million, YoY growth of 4.3%.
• Net Profit (after Minority Interest) was ₹ 3,059 million, YoY growth of 4.2%.
• According to IQVIA (SSA) data, for Q4FY25:
o The Company registered a growth of 6.5% YoY compared to the Indian Pharmaceutical Market (IPM), which grew by 6.9%.
o The acute segment growth outperformed IPM by 150 bps at 7.5%. Key highlights of FY25 financial performance
• Total Revenue from Operations was ₹ 129,645 million, with YoY growth of 2.3%.
o India sales were ₹ 89,837 million, with YoY growth of 6.5%.
o International sales were ₹ 38,210 million, with YoY de-growth of 4.5%.
• Earnings before Interest, Tax, Depreciation, and Amortisation (EBITDA) were ₹ 25,122 million, resulting in an EBITDA margin of 19.4% vs. 17.7% in FY24. EBITDA increased by 11.9% YoY.
• R&D expenses for FY25 were ₹ 5,620 million, or 4.3% of total revenue from operations, compared to ₹ 5,229 million in FY24 at 4.1% of total revenue from operations.
• Profit before tax before exceptional items was ₹ 25,270 million, YoY growth of 17.8%.
• Net Profit (after Minority Interest) was ₹ 21,655 million, YoY growth of 20.6%.
• The cash and balance at the end of 31st March, 2025, is ₹46.2 billion.
• According to IQVIA (SSA) data, for FY25:
o The Company registered a growth of 6.8% YoY compared to the Indian Pharmaceutical Market (IPM), which grew by 7.7%.
o The acute segment growth has outperformed IPM in FY25 by 30 bps at 6.9%.
Commenting on the Q4 & FY25 results, Dr. Vikas Gupta, CEO of Alkem, said, “We ended the year on a good note, with healthy growth in our India business during Q4 and improved profitability and margins for the full year. Our domestic business continues to gain momentum, reinforcing our confidence in its long-term growth trajectory. This performance is driven by strong execution and targeted initiatives across our domestic operations. In the international businesses, excluding the Americas, we are seeing good traction, with several key markets making significant contributions to our growth. As we moved forward, we remain focused on strategic growth opportunities and operational excellence to drive sustainable returns.”
Operational Highlights
Domestic Business
Q4FY25 Key Highlights
• India sales were ₹ 21,355 million, YoY growth of 8.1%.
• The contribution of domestic sales to total sales in Q4FY25 was 68.7% vs. 68.5% in Q4FY24.
• According to IQVIA (SSA) data, for FY25, the company achieved a 6.5% year-overyear (YoY) growth compared to the Indian Pharmaceutical Market (IPM), which grew by 6.9%.
• During Q4FY25, we have outperformed in four therapies: Gastrointestinal grew by ~1.5X, VMN ~1.8X, Respiratory ~2.6X and Gynae ~3.8X. FY25 Key Highlights
• India sales were ₹ 89,837 million, with YoY growth of 6.5%.
• The contribution of domestic sales to total sales in FY25 was 70.2% vs. 67.8% in FY24.
• As per IQVIA (SSA) data, for FY25, the company registered a growth of 6.8% YoY vs. the Indian Pharmaceutical Market (IPM), which grew by 7.7%
• In FY25, we have outperformed six therapies: VMN grew by 1.6X; Anti-diabetic grew by ~1.1X; Gastro intestinal grew by 1.2X; Neuro/CNS grew by ~1.3X; Gynaec ~2.1X and Respiratory ~1.5X.
International Business
Q4FY25 Key Highlights
• International sales were ₹ 9,747 million, with YoY growth of 7.2%.
• Overall contribution of US sales to total sales was 19.6% in Q4FY25 vs. 21.6% in Q4FY24.
• Non-US business sales contributed 11.8% to total sales in Q4FY25 vs. 9.9% in Q4FY24.
• During the Q4FY25, the Company filed 06 abbreviated new drug applications (ANDAs) with the USFDA and received 04 ANDA approvals.
FY25 Key Highlights
• International sales were ₹ 38,210 million, with YoY de-growth of 4.5%.
• The Non-US business demonstrated healthy performance, growing by around 8.7% YoY, fuelled by robust growth in Australia and key European markets.
• Overall contribution of US sales to total sales was 19.4% in FY25 vs. 22.3% in FY24.
• Non-US business sales contributed 10.5% to total sales in FY25 vs. 9.9% in FY24.
• During the year, the Company filed 9 abbreviated new drug applications (ANDAs) with the US FDA and received 14 ANDA approvals (including 3 tentative approvals – TA).
29, May 2025
Coffeeverse the Ultimate Cosy Companion for monsoons! A treat for every coffee lover
Mumbai, May 29th, 2025 – As unexpected rains sweep across the city, painting the skies a soft grey and bringing a comforting coolness to the air. This isn’t just rain; it’s a gentle nudge to pause, to breathe, and to find solace in the simple luxuries of home. Coffeeverse understands this feeling perfectly, offering the ultimate warm embrace, effortlessly delivered to your doorstep.
At Coffeeverse, every brew tells a story, beginning with 100% single-origin Arabica coffees sourced directly from the sun-drenched estates of Chikmagalur, Coorg, and Tamil Nadu. Whether your heart desires the comforting familiarity of our Cappuccino Blend to gently stir your morning, or the sophisticated allure of Anaerobic Fermented Naturals for a reflective afternoon, we have a blend crafted just for your mood. Explore beloved favourites like the exquisitely smooth White Honey and the uniquely spiced Monsoon Malabar, with new, intriguing micro-lots arriving every month to spark your curiosity. Available as Coffee Beans, Ground Coffee, and Instant Pours, each package embodies the meticulous care of our farmers and the artistry of our roasters.
Elevate your rainy-day ritual beyond just the brew. Coffeeverse offers a curated selection of beautifully designed brewing equipment like the classic French Press and the versatile Aeropress, clear, perfect for crafting your ideal cup. Complement your cosy setting with stylish merchandise, including our chic tote bags or consider a personalised brewing gift box for a thoughtful gesture. Don’t let the weather dampen your spirits; instead, let Coffeeverse transform it into an invitation to unwind and savour the moment.
