Brands
Cello World delivers Rs 2,347 crore profit in Q2
MUMBAI: Cello World Limited, the household name that has turned everyday essentials into lifestyle statements, poured in another gleaming quarter. The company reported a standalone profit after tax of Rs 2,346.62 crore for the quarter ended 30 September 2025, up from Rs 1,603.55 crore in the June quarter, as stronger revenues and disciplined spending kept margins shining.
Revenue from operations stood at Rs 27,561.63 crore, slightly lower than the previous quarter’s Rs 28,193.10 crore, but higher than Rs 24,983.43 crore in the same period last year. Total income for the quarter came in at Rs 29,243.59 crore, supported by other income of Rs 1,681.96 crore, which nearly doubled year-on-year.
Expenses were well-contained at Rs 26,363.30 crore, helping lift profit before tax to Rs 2,880.29 crore. The company’s earnings per share stood at Rs 1.06, compared with Rs 0.73 in the preceding quarter.
For the six months ended September 2025, Cello World posted a total income of Rs 58,425.33 crore and a net profit of Rs 3,950.17 crore, nearly mirroring last year’s Rs 3,976.33 crore in the same period.
The company’s balance sheet remained sturdy, with total assets rising to Rs 1,76,699 crore as of 30 September 2025, up from Rs 1,70,031.58 crore in March. Equity levels also strengthened, standing tall at Rs 1,49,806.48 crore.
Cash flows told a healthy story too, with Rs 8,042.52 crore generated from operating activities during the half year, underscoring strong internal efficiency.
With sales flowing smoothly and profits bubbling up, Cello World continues to prove that when it comes to performance, it knows how to keep things airtight.
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI:Â Jubilant FoodWorks Limited has landed in a tax tussle after receiving a GST demand of Rs 47.5 crore from the office of the additional commissioner of CGST and central excise in Thane, Maharashtra.
The order, issued under the provisions of the Central Goods and Services Tax Act, 2017, relates to an alleged incorrect classification of certain services under the category of restaurant services. According to the tax authorities, this classification resulted in a short payment of goods and services tax for the period between the financial years 2019-20 and 2021-22.
The demand includes Rs 47.5 crore in GST along with an equal amount as penalty, in addition to applicable interest. The order was received by the company on March 13, 2026.
In a regulatory filing to the BSE Limited and the National Stock Exchange of India Limited, the company said it disagrees with the order and believes its arguments were not adequately considered.
The company is preparing to challenge the decision and plans to file an appeal. It added that once the redressal process is complete, the demand is likely to be dropped.
Despite the sizeable figure attached to the notice, the company said it does not expect any material impact on its financials, operations or other activities.
The disclosure was signed by Suman Hegde, EVP and chief financial officer, who confirmed that the company received the order at 19:06 IST on March 13 and has already initiated steps to contest it.
The development places the quick service restaurant major in the middle of a tax debate that could hinge on how certain restaurant-linked services are classified under GST rules. For now, the company appears ready to take the matter from the tax office to the appeals desk.
