MAM
iProspectCommunicate2 dominates DMAi Echo Awards
MUMBAI: iProspectCommunicate2 dominated the DMAi Echo Awards, winning a total of five awards in every category they were nominated in. This includes three Gold and two Bronze awards across various digital marketing categories.
The DMAi Awards in alliance with DMA International ECHO Awards honours stand out innovation, originality and marketing impact in the field of marketing and advertising.
iProspectCommunicate2 and Cleartrip won Gold in the Travel & Hospitality category for API Wizardry. iProspectCommunicate2 along with Remit2India won the Gold in the Financial Products and Services category for Dynamic Exchange Rates. The agency with Standard Chartered Bank bagged Gold for their social media campaign for the Mumbai Marathon 2013.
iProspectCommunicate2 also won a Bronze in Best Creative Use of Search with Remit2India for Dynamic Exchange Rates and a Bronze for Best Insurance Services for ICICI Lombard’s Hyper-Contextual Targeting Engine.
iProspectCommunicate2 received five nominations at the DMAi Echo Awards and have won a medal for each nomination at the recently held award ceremony at Blue Frog, Mumbai.
iProspect Communicate2 managing director Vivek Bhargava said, “These awards demonstrate our innovation in performance marketing; our data analytics led approach has allowed us to constantly build technology solutions to solve our client challenges and increase the ROI received by them. It is interesting to note that most the clients that we have won awards today have been our clients for more than five years.”
Brands
Nestlé India posts Rs 45,641 crore profit before tax in FY26
Strong cash flow of Rs 50,475 crore offsets higher costs, payouts.
MUMBAI: If there’s one thing brewing stronger than coffee this year, it’s Nestlé India’s balance sheet. The FMCG major closed FY26 with a solid financial performance, serving up steady growth even as costs and cash outflows kept the pressure simmering. For the year ended March 31, 2026, the company reported a profit before tax of Rs 45,641 crore, up from Rs 43,161 crore in the previous year. The numbers reflect resilience in core operations, supported by a strong consumption backbone across domestic and export markets.
Cash, meanwhile, was anything but idle. Nestlé India generated Rs 50,475 crore in net cash from operating activities, a sharp jump from Rs 29,345 crore last year highlighting robust underlying demand and improved working capital efficiency. Inventory reductions alone contributed Rs 2,809 crore, while trade payables rose by Rs 5,878 crore, adding further liquidity support.
But it wasn’t all smooth sailing. On the investing side, the company deployed Rs 8,297 crore towards property, plant and equipment, even as overall investing cash outflow stood at Rs 6,236 crore. Financing activities saw a significant drain, with Rs 31,794 crore flowing out driven largely by dividend payouts of Rs 23,139 crore and repayment of short-term borrowings.
The balance sheet tells a story of expansion with caution. Total assets rose to Rs 1,31,824 crore from Rs 1,21,933 crore, while equity climbed to Rs 51,569 crore, reflecting improved reserves and retained earnings. Cash and cash equivalents surged to Rs 13,205 crore, a sharp rise from Rs 761 crore a year ago, underscoring stronger liquidity despite heavy outflows.
Operationally, depreciation and amortisation expenses increased to Rs 6,992 crore, while finance costs and provisions continued to shape the cost structure. At the same time, working capital movements especially in inventories and receivables played a key role in boosting cash generation.
The broader takeaway? Nestlé India’s FY26 performance is less about headline growth and more about financial muscle. With strong cash flows cushioning rising investments and payouts, the company appears to be balancing expansion with discipline keeping its books as carefully measured as its recipes.
