Brands
Aditya Birla appoints Jaskaran Bir Singh as business head of Simon Carter
Former Myntra and Flipkart executive to lead brand across channels
BENGALURU: Aditya Birla Lifestyle Brands Limited has appointed Jaskaran Bir Singh as business head of Simon Carter, entrusting him with the task of scaling the menswear brand’s presence in India.
In his new role, Bir Singh will oversee the brand’s operations across all sales channels, spanning strategy, design, product development, buying and merchandising, retail operations and marketing, as Simon Carter accelerates its expansion in the country.
He joins from Myntra, where he spent nearly five years in senior roles, most recently as associate director and chief of staff. During his tenure, he also led brand management and licensing for international labels including French Connection and Kenneth Cole within the Flipkart Group ecosystem.
Bir Singh has previously held leadership roles at Flipkart and earlier worked with Aditya Birla Fashion and Retail Limited, where he managed key portfolios such as Van Heusen. His career has centred on brand building, licensing, profit-and-loss ownership and omni-channel retail growth.
The appointment reflects Aditya Birla Lifestyle Brands’ intent to bring tighter operational control and sharper brand focus as Simon Carter seeks a larger share of India’s premium menswear market.
Brands
NDTV FY26 loss widens to Rs 323 crore, revenue rises
Q4 loss at Rs 98 crore; FY revenue climbs to Rs 540 crore
MUMBAI: NDTV’s numbers tell a tale where the top line is tuning up but the bottom line is still off-key. New Delhi Television Ltd reported a wider consolidated net loss of Rs 323 crore for FY2025–26, compared to a loss of Rs 218 crore in the previous year, even as revenue showed a steady uptick. Total income for the year rose to Rs 540 crore, up from Rs 472 crore in FY25, driven by higher revenue from operations at Rs 528 crore versus Rs 465 crore a year earlier. However, rising costs across production, marketing and employee expenses weighed heavily on profitability.
For the March quarter, the company posted a net loss of Rs 98.6 crore, compared to Rs 61.9 crore in the same period last year. Quarterly revenue stood at Rs 150.5 crore, up from Rs 128.2 crore year-on-year.
Expenses continued to outpace income. Full-year consolidated expenses surged to Rs 855 crore from Rs 689 crore, led by production costs of Rs 251 crore, employee expenses of Rs 185 crore and marketing spends of Rs 243 crore.
Loss before tax for FY26 came in at Rs 320.7 crore, widening from Rs 217.1 crore in FY25, underscoring persistent margin pressure despite revenue growth.
On the balance sheet front, total assets stood at Rs 704 crore at the end of March 2026, while borrowings both current and non-current remained significant, reflecting ongoing capital and operational requirements.
Cash flow trends offered a mixed picture. While financing activities generated Rs 283.6 crore during the year, operating cash outflows remained substantial at Rs 257.9 crore, highlighting continued strain in core operations.
The performance suggests that while NDTV is managing to grow its revenue base, the cost of keeping the broadcast running and expanding continues to outweigh the gains. In a business where eyeballs are everything, profitability, for now, remains a work in progress.
