Brands
Bombay Dyeing spins Q1 profit despite polyester pressure and realty slump
MUMBAI: Bombay Dyeing is proving it’s not ready to fade into the background just yet. In its June 2025 quarter, the 146-year-old textile-to-real-estate player wove together Rs 11.48 crore in consolidated profit, only slightly off last year’s Rs 15.47 crore, despite feeling the tug of softer polyester margins and a sluggish real estate arm.
Revenue from operations slipped to Rs 377.84 crore from Rs 450.97 crore a year ago, with polyester sales steady at Rs 360.51 crore, retail/textiles ticking up to Rs 14.09 crore, but real estate plunging to nil from Rs 65.42 crore. Other income gave the top line a lift at Rs 36.68 crore, taking total income to Rs 414.52 crore.
Expenses eased to Rs 403.33 crore from Rs 452.69 crore, with raw material costs trimming to Rs 257.39 crore and other expenses at Rs 85.65 crore. Finance costs fell to Rs 3.61 crore, adding some breathing room, though depreciation held at Rs 7.84 crore.
Segment results showed a Rs 4.38 crore loss in real estate (worse than last year’s Rs 13.94 crore profit), while polyester contributed Rs 7.14 crore and retail/textiles Rs 3.19 crore. Exceptional items were negligible this time, a stark contrast to the Rs 552.56 crore windfall last year.
Tax adjustments including a Rs 5.97 crore prior-period reversal meant an overall tax credit, cushioning the bottom line. The quarter’s other comprehensive income surged to Rs 50.32 crore from a Rs 69.11 crore loss last quarter, thanks largely to equity investment gains, taking total comprehensive income to Rs 64.08 crore.
With Rs 2,407.09 crore in net capital employed and polyester still its mainstay, Bombay Dyeing may have some creases to iron out in real estate, but the Q1 fabric shows enough colour to keep investors watching.
Brands
Mana Projects names Ranbir Kapoor brand ambassador amid rebranding
Bengaluru developer unveils new identity focused on design and nature.
MUMBAI: When real estate meets reel star power, the foundation for a new brand story is often laid brick by brick. Mana Projects, the Bengaluru based real estate developer, has appointed actor Ranbir Kapoor as its brand ambassador while unveiling a refreshed brand identity aimed at aligning the company with the evolving expectations of modern urban homebuyers.
The announcement marks a new phase for the developer, which has spent over two decades building residential communities in Bengaluru, particularly along emerging growth corridors such as Sarjapur Road.
The updated brand identity reflects the company’s emphasis on design led living and environmentally conscious development. According to the developer, the new positioning focuses on creating residential spaces where architecture, nature, engineering and lifestyle planning work together to shape meaningful living experiences.
Mana Projects chairman and managing director D. Kishore Reddy said the rebranding represents a natural progression as the company adapts to the expectations of a new generation of homeowners.
“This rebranding represents the natural evolution of Mana Projects as we align ourselves with the aspirations of a new generation of homeowners, particularly millennials who form the backbone of Bengaluru’s dynamic homebuyer community,” Reddy said.
He added that today’s buyers increasingly look beyond basic housing to spaces that combine design, sustainability and a strong sense of community.
“At Mana, our philosophy centres on creating homes where space is purposeful, design is intelligent, nature is respected and engineering ensures long term sustainability. Our association with Ranbir Kapoor reflects this new chapter as we continue to build communities that enable people to truly live brilliantly,” he said.
Kapoor, who has been associated with several lifestyle and consumer brands, said the partnership resonated with his own understanding of what makes a home meaningful.
“A home is one of the most meaningful investments people make in their lives, and it should reflect comfort, warmth and a sense of belonging,” Kapoor said.
“What impressed me about Mana Projects is the brilliance of their thought, the way design, nature and functionality come together to enhance everyday living. I’m delighted to be associated with Mana Projects as they continue to create homes that inspire modern urban families to truly live brilliantly.”
The collaboration will be introduced through a large scale integrated campaign spanning digital platforms, outdoor media and experiential activations, making it one of the developer’s most prominent branding initiatives in recent years.
Founded in Bengaluru, Mana Projects has built a portfolio of residential developments that emphasise thoughtful architecture, amenity rich neighbourhoods and environmentally sensitive planning. The company’s projects often integrate open spaces, green landscapes and energy efficient engineering to support sustainable urban living.
With Bengaluru continuing to attract young professionals and technology workers, the developer believes the city’s housing market is increasingly being shaped by buyers seeking well planned communities that balance functionality with quality of life.
Looking ahead, Mana Projects plans to expand its presence across the city by developing future ready residential projects designed to accommodate emerging lifestyle trends such as hybrid work culture, community driven living and multigenerational households.
By combining a refreshed brand identity with a high profile ambassador, the company hopes to strengthen its position in Bengaluru’s competitive real estate market while appealing to a new generation of homeowners seeking homes that blend design, nature and modern living.
