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
Samsung India elevates Aditya Babbar to lead mobile business
Exec takes charge of MX sales and marketing after Raju Pullan’s exit
NEW DELHI: Samsung India has elevated Aditya Babbar to lead its mobile phone business, following the exit of Raju Antony Pullan.
Babbar, who previously served as vice president within the mobile division, has been appointed head of sales and marketing for the MX (mobile experience) business, effective May 1. In his new role, he will oversee the company’s sales and marketing operations for smartphones and related categories in India, reporting to the executive vice president of the MX business.
A long-time Samsung executive, Babbar brings over a decade of experience within the organisation, having held multiple leadership roles across product, marketing and category management. Most recently, he led product marketing and e-commerce for the mobile division, following earlier stints as head of product and marketing and senior director roles.
His career within Samsung Electronics and its India operations has also included responsibilities for flagship devices, tablets and wearables, giving him a broad view of the company’s premium and mass-market portfolio.
Babbar succeeds Pullan, who stepped down from the role, marking a leadership transition at a time when India remains a key battleground for global smartphone makers.
The appointment signals continuity within Samsung’s leadership bench, with an internal candidate stepping up to steer one of its most critical business units in a highly competitive market.
