Brands
Ravikant Sabnavis steps down as CEO of Arha Media after three years
Exit marks end of stint leading regional OTT platform ARHA’s turnaround
MUMBAI: Ravikant Sabnavis has stepped down as chief executive officer of Arha Media & Broadcasting, drawing the curtain on a three-year stint during which he led the regional OTT platform Aha through a key phase of transformation.
Sabnavis, who joined Arha Media in February 2023, is credited with steering a financial turnaround at Aha, a platform focused on Telugu and Tamil content. His tenure saw efforts to stabilise operations and sharpen the platform’s positioning in an increasingly competitive streaming market.
His exit also signals a pause, and perhaps a pivot, in a long career spanning media, marketing and business transformation. Alongside his corporate roles, Sabnavis has been actively mentoring startups and entrepreneurs, working closely with early-stage ventures as part of networks such as TiE Mumbai and the Confederation of Indian Industry.
Before Arha Media, he served as CEO of Innovative Oral Care, where he built a direct-to-consumer oral care business leveraging clinical expertise. Earlier, at Star TV, he led regional channel Star Pravah, driving a turnaround that pushed it to a leading position in its category.
His career also includes a stint as managing director at Blitz Multimedia Pvt Ltd, where he worked on repositioning legacy media brands and unlocking new revenue streams.
While Sabnavis has not publicly outlined his next move, his continued involvement in mentoring and investing suggests he may stay close to the startup ecosystem.
For Arha Media, the leadership change comes at a time when regional OTT platforms are recalibrating for scale and sustainability. Sabnavis leaves behind a platform that is steadier than when he arrived, even as the next chapter for both the company and the executive begins to take shape.
Brands
Just Dial reports strong Q4 and FY26 results despite one-time hit
Search giant posts Rs 4,970 crore net profit for the year, driven by robust operating performance.
MUMBAI: Just Dial has delivered another solid set of numbers proving that even in a tough year, its core business continues to click. The company reported a net profit of Rs 1,000 crore for the quarter ended March 31, 2026, and Rs 4,970 crore for the full financial year. Revenue from operations (net of GST) stood at Rs 3,072 crore for the quarter and Rs 12,139 crore for the year, reflecting steady growth in its core search and related services business.
Total income for the quarter was Rs 3,559 crore, while full-year total income reached Rs 15,477 crore.
On the expense side, employee benefits remained the largest cost at Rs 1,840 crore for the quarter. The company also recorded a one-time exceptional impact of Rs 211 crore due to changes in labour codes affecting gratuity calculations.
Despite this, Just Dial maintained healthy profitability, with earnings per share (basic) at Rs 11.76 for the quarter and Rs 58.44 for the full year.
The results come on the back of consistent performance in its search and search-related services segment. The company continues to benefit from its strong position as India’s leading local search platform.
Just Dial also noted the resignation of its long-serving Chief Financial Officer, Abhishek Bansal, effective 15 April 2026, citing personal career considerations. Bansal had been with the company for over 12 years, including more than eight years as CFO.
In a statement, the company placed on record its appreciation for his contributions.
While the broader media and digital landscape faces headwinds, Just Dial continues to demonstrate resilience. Its focus on core strengths local search, content, and monetisation appears to be paying off, even as it navigates a dynamic environment.
With steady revenue growth and healthy bottom-line performance, Just Dial remains one of the more consistent players in India’s digital ecosystem. As it turns the page on its finance leadership, the company looks well-positioned to maintain its momentum in the year ahead.
