Brands
Cello World Q3 net profit dips to Rs 69 crore
Nine months PAT at Rs 201 crore on Rs 1,670 crore revenue; exceptional labour code hit Rs 7 crore.
MUMBAI: Cello World isn’t just crafting pens and houseware, it’s sketching a resilient financial picture amid some regulatory smudges. The Daman-based consumer products giant reported a consolidated net profit of Rs 69.41 crore for the quarter ended 31 December 2025, down from Rs 92.10 crore a year earlier, after a Rs 7.44 crore exceptional hit from new labour codes.
Revenue from operations held firm at Rs 553.66 crore (versus Rs 556.85 crore last year), with total income at Rs 570.26 crore. Expenses climbed to Rs 468.43 crore, driven by material costs Rs 187.18 crore, stock purchases Rs 103.15 crore, employee benefits Rs 61.78 crore, and other outlays Rs 100.76 crore. Profit before exceptional items and tax stood at Rs 101.83 crore, but after the one-off, PBT settled at Rs 94.39 crore. Tax took Rs 24.98 crore, leaving comprehensive income at Rs 69.24 crore.
Zooming out to nine months, the story sharpens: revenue from operations Rs 1,670.12 crore (up from Rs 1,547.57 crore), total income Rs 1,717.55 crore, PAT Rs 201.38 crore (down from Rs 268.41 crore after exceptional). Owners claimed Rs 222.32 crore of that, non-controlling interests Rs 19.06 crore. EPS for Q3? Rs 2.88 basic/diluted; nine months Rs 10.06.
The full-year comparison to 31 March 2025 shows last year’s revenue ops Rs 2,136.39 crore, PAT Rs 364.57 crore, owners Rs 338.82 crore, EPS Rs 15.50. No dividends mentioned this period, but paid-up equity remains Rs 110.44 crore (face Rs 5).
The results encompass a web of subsidiaries, Cello Household Products, Houseware, Industries, Consumerware, Unomax Stationery, Writing Instruments, Sales and Marketing, Wim Plast, Wim Plast Moulding, Cello Consumer Products, plus fresh additions like Arko Glass (from 20 January 2025), Cello Writing and Stationery (10 December 2025), and Cello Tips (23 December 2025).
Notes highlight the labour code consolidation effective November 2025 with minimal overall impact so far, pending full rules. All figures unaudited, prepared under Ind AS, and compliant with SEBI norms.
In a market where consumer goods firms juggle costs and codes, Cello World’s numbers show steady handiwork not a smash hit, but no write-off either. For investors or casual observers, it’s a reminder that even everyday brands have their dramatic quarters.
Brands
Lululemon picks former Nike executive to be its next chief
Heidi O’Neill, who helped grow Nike into a $45 billion giant, will take the top job in September
CANADA: Lululemon has found its next chief executive, and she comes with serious credentials. The athleisure giant named Heidi O’Neill as its new CEO on Wednesday, ending a search that has left the company running on interim leadership since earlier this year. O’Neill will take charge on September 8, 2026, based out of Vancouver, and will join the board on the same day.
O’Neill brings more than three decades of experience across performance apparel, footwear and sport. The bulk of that time was spent at Nike, where she was a central figure in one of corporate sport’s great growth stories, helping take the company from a $9 billion business to a $45 billion global powerhouse. She oversaw product pipelines, brand strategy and consumer connections, and played a significant role in shaping how Nike spoke to athletes around the world. Earlier in her career, she worked in marketing for the Dockers brand at Levi Strauss. She also brings boardroom experience from Spotify Technology, Hyatt Hotels and Lithia and Driveway.
The board was unequivocal in its enthusiasm. “We selected Heidi because of the breadth of her experience, her demonstrated success delivering breakthrough ideas and initiatives at scale, and her ability to be a knowledgeable change and growth agent,” said Marti Morfitt, executive chair of Lululemon’s board.
O’Neill, for her part, was bullish. “Lululemon is an iconic brand with something rare: genuine guest love, a product ethos rooted in innovation, and a global platform still in the early stages of its potential,” she said. “My job will be to accelerate product breakthroughs, deepen the brand’s cultural relevance, and unlock growth in markets around the world.”
Until she arrives, Meghan Frank and André Maestrini will continue as interim co-CEOs, before returning to their previous senior leadership roles once O’Neill steps in.
Lululemon is betting that a Nike veteran who helped build one of the world’s most powerful sports brands can do something similar for an athleisure label that has genuine love from its customers but is still chasing its full global potential. O’Neill has done it before at scale. The question now is whether she can do it again.
