Brands
Pursuite.com forays into furniture
MUMBAI: In a move to further expand its product categories, Pursuite.com, India’s first B2B e-commerce platform for hospitality procurements has announced its entry into furniture, fixture and equipment (FF&E) segment.
With over 50 brands and more than 5000 products from across the globe, Pursuite will now offer products across categories such as bathroom fixtures, fittings, doors & windows, finishes & coverings, furniture, hardware, lighting, furnishing & carpets and artworks & signages.
According to a study by Assocham and Deloitte, the e-commerce market in the country is expected to cross $50 billion in value by the end of 2018 from the current level of $38.5 billion, on the back of a growing internet population and increased online shopping.
Pursuite has partnered with Roca, Parryware, Sio, Euronics, FCML, Vitofloor, Barlinek, Egger, Interex, Floorwalk, Wipro, Trend N Design, Stanley, Loomcraft, Renesola, Greyellow, The One Lighting, Nova and Havells for FF&E product supply.
Pursuite CEO Amit Shukla says, “With our strategic and innovative solutions, we aim to enhance the brand connect and deliver the best value to our customers. Pursuite considers it crucial to enable its valued customers to get the best deals across the widest range of FF&E products. We already offer the widest range of choicest items in OS&E vertical. With this new category launch, Pursuite has reiterated its commitment to deliver best value to its customers.”
The selection and product discovery of FF&E category will be simplified and optimised through smart technology that matches customer preferences with brand offerings and progressively fine-tunes this matching based on past product selections. This technology has already been deployed and tested in operating supplies & equipment category and has been well received by existing customers and participants of ecosystem.
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Brands
Hindustan Unilever clocks 8 per cent Q4 growth, revenue hits Rs 16,207 crore
The FMCG titan maintains its sparkle with calibrated pricing and savvy cost-saving
MUMBAI: Hindustan Unilever Limited has rounded off its financial year with a refreshing performance, posting an 8 per cent climb in revenue for the March quarter. Despite navigating a landscape of shifting commodity prices and geopolitical wobbles, the consumer goods giant proved it still has the magic touch in the Indian market.
For the quarter ending 31st March 2026, the company’s consolidated turnover reached Rs. 16,207 crores, a solid step up from the Rs. 14,955 crores seen in the same period last year. This momentum was mirrored in its annual figures, with full-year turnover for continuing operations rising to Rs. 63,763 crores. The board celebrated these results by recommending a final dividend of Rs. 22 per share, bringing the total yearly payout to a handsome Rs. 41 per share.
Profitability remained resilient even as the company tightened its belt. Quarterly Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) rose by 6 per cent to hit Rs. 3,841 crores. While the EBITDA margin saw a slight dip of 50 basis points to 23.7 per cent, the company’s underlying volume growth of 6 per cent suggests that shoppers are still reaching for their favourite household brands.
Hindustan Unilever Limited chief executive officer and managing director Rohit Jawa noted that the company is “navigating these headwinds through disciplined savings” and “calibrated pricing actions”. He added that the firm is well-positioned to handle a volatile environment, backed by “strong brands, robust financial position and operational agility”.
The year was also marked by strategic reshuffling. The company completed its takeover of Zywie Ventures Private Limited, snapping up the remaining 49 per cent stake for Rs. 824 crores. On the flip side, it bid farewell to its minority stake in Nutritionalab Private Limited, a move that netted a neat profit of Rs. 256 crores.
Across its diverse portfolio, the Home Care segment led the charge with annual revenue of Rs. 23,672 crores, followed closely by Beauty & Wellbeing at Rs. 14,990 crores. Even in the face of currency volatility and commodity fluctuations, the company managed to keep its consolidated profit after tax for the year largely steady at Rs. 10,652 crores.
As Hindustan Unilever Limited looks toward the next financial year, the focus remains firmly on “strengthening the consumer franchise while delivering sustainable and competitive growth”. With its supply chain showing grit and its brands maintaining their lustre, the company appears ready to clean up in the quarters to come.
