MAM
Mayank Jain joins CarDekho Group as CEO – new auto business
MUMBAI: Auto-tech company CarDekho has further fortified its leadership team by appointing Mayank Jain as CEO of its new auto business. He will be responsible for strengthening the organisation’s new auto offering, and deepening engagement with OEMs, dealer network and other enterprise partners. He will operate out of the company’s Gurugram office and report to CarDekho CEO & co-founder Amit Jain.
Mayank brings in rich experience of over 18 years working in technology, media and telecom sectors in India and Internationally. Prior to this, he was the CEO of the Hindi news cluster at Network18, where he managed a cluster of seven news channels. He has held leadership roles in sales, marketing, product management and strategy in companies such as Disney Star, British Telecom, Samsung, and HT Media.
CarDekho Group CEO & co-founder Amit Jain said, “I am delighted to welcome Mayank Jain to the CarDekho family. Mayank is a highly reputed professional in the media world and has an impressive track record of scaling businesses across varied industries. His deep customer understanding, and expertise will enable us to design and provide the best auto-tech solutions to our partner customers.”
Mayank Jain said, “I am delighted to join the CarDekho group and have the opportunity to work with one of the best teams in the auto-tech space. Our market leading portfolio of auto portals & platforms help customers buy cars, bikes, commercial vehicles and other products and services, whilst our suite of innovative solutions & technology enables auto manufacturers and dealers to build their brands and sell more.”
Over the years, Mayank has made an enormous contribution across different industries. In the year 2019, he received the IMPACT 40 under 40 award for achievement in Media, Marketing and Advertising industry. He is a Computer Engineer and an MBA from INSEAD, and also holds a Post Graduate Diploma in Management from MDI Gurgaon.
Brands
Prataap Snacks posts Rs 1.14 crore Q4 profit, EBITDA up 319 per cent
Yellow Diamond maker posts turnaround with Rs 1.14 crore profit, 10 per cent dividend proposed
NEW DELHI: Prataap Snacks Limited has staged a sharp turnaround in the fourth quarter of FY26, reporting a 319 per cent surge in operating EBITDA and a return to profitability after a challenging previous year.
The Indore-based company, known for brands such as Yellow Diamond and Avadh, posted income from operations of Rs 420.18 crore for Q4 FY26, marking a 5 per cent year-on-year rise. Operating EBITDA climbed to Rs 20.59 crore, while margins stood at 4.9 per cent.
Most notably, the company reported a profit after tax of Rs 1.14 crore for the quarter, reversing a loss of Rs 11.94 crore in the same period last year. Diluted earnings per share improved to Rs 0.48 from a negative Rs 5.00 earlier, signalling a steady recovery in performance.
For the full financial year, consolidated income rose 1 per cent to Rs 1,724.65 crore. Annual operating EBITDA grew 68 per cent to Rs 81.81 crore, while the company posted a net profit of Rs 9.72 crore, compared to a loss of Rs 34.27 crore in FY25.
Reflecting this improved performance, the board has recommended a dividend of 10 per cent, equivalent to Rs 0.50 per share on a face value of Rs 5.
Prataap Snacks Limited managing director Amit Kumat said the recovery was driven by sharper execution and data-led decision-making, including the use of Sales Force Automation analytics. The company also expanded its distribution network to over 5,000 distributors and strengthened its presence on quick commerce platforms.
Looking ahead, the company expects double-digit revenue growth in FY27, though it remains cautious about inflationary pressures on key inputs such as packaging materials and edible oil. Management plans to offset these through tighter cost controls and calibrated pricing strategies.
With profitability back on track and operations stabilising, Prataap Snacks appears to be regaining its footing in an increasingly competitive packaged foods market.
