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D-Link sees revenue growth amid boardroom change

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MUMBAI: D-Link (India) Limited isn’t just keeping the world connected; it’s currently rewiring its own leadership circuits. While the company’s latest financial results show a high-speed data stream of rising revenues, the boardroom is dealing with a significant disconnection.

In a move that’s more about personal bandwidth than technical glitches, Ching Chun Yang has officially opted to unplug from her role as an independent director. Effective 5th February 2026, Yang submitted her resignation, citing a need to focus on increasing personal priorities and other professional commitments.

The company confirmed there are no material reasons behind her exit other than her desire to explore new horizons. Consequent to this move, she also ceases to be a member of any Board Committees.

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Despite the boardroom shuffle, the financial signals remain strong. For the quarter ended 31st December 2025, D-Link’s standalone operations reported a revenue from operations of Rs 39,358.84 lakhs, a healthy jump from the Rs 32,972.84 lakhs recorded in the same period last year.

The broader group picture is equally vibrant:

. Total income (Consolidated): Clocked in at Rs 39,885.41 lakhs for the quarter.

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. Profit for the period (Consolidated): The group netted a profit of Rs 2,669.36 lakhs.

. Earnings per share (EPS): The basic EPS stood at Rs 7.52 for the quarter on a consolidated basis.

Investors already received a bit of a cache boost earlier this year; the Board previously declared an interim dividend of Rs 6/- per equity share (300 per cent), which was paid out in November 2025.

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It’s not all smooth sailing, however. D-Link is currently dealing with a Rs 611.49 lakh demand order from the Commissioner of Customs (Adjudication). The dispute involves royalty payments to its Taiwanese parent company, and while D-Link has already made a voluntary payment of Rs 100 lakhs, it is evaluating an appeal to the Cestat. 

Furthermore, the implementation of the New Labour Codes on 21st November 2025 has led the company to recognise incremental estimated obligations of Rs 192.41 lakhs (standalone) for gratuity and leave encashment.

Despite the boardroom change and ongoing regulatory matters, D-Link’s strong financial performance signals resilience and steady growth. With revenues on the rise and strategic initiatives continuing, the company appears well-positioned to navigate challenges while maintaining its focus on connecting India and beyond.  

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UK’s OnlyFans seeks US investor at $3bn valuation after owner’s death

The adult video platform is seeking stability after the death of its billionaire owner

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LONDON: OnlyFans is looking for a new partner. The London-based adult video platform is in advanced talks to sell a minority stake of less than 20 per cent to Architect Capital, a San Francisco-based investment firm, in a deal that would value the business at more than $3bn (£2.2bn).

The move is driven by an urgent need for stability. Leonid Radvinsky, the Ukrainian-American billionaire who owned OnlyFans, died of cancer last month at the age of 43, leaving the future of one of Britain’s most profitable privately held businesses suddenly uncertain.

The choice of Architect Capital is not arbitrary. The firm has deep expertise in financial services, which aligns neatly with OnlyFans’ ambitions to offer banking products to its creators, many of whom have long struggled to access basic financial services because of the nature of their work.

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The numbers behind OnlyFans are, by any measure, staggering. The platform posted revenues of $1.4bn in the year to 30th November 2024, with a pre-tax profit of $684m, up four per cent on the prior year. Payments to creators totalled $7.2bn over the same period, a rise of nearly ten per cent. Radvinsky personally collected $701m in dividends from the business in 2024 alone, on top of more than $1bn in such payments he had already received. The platform, run through its parent company Felix International, hosts 4.6m creator accounts, with performers keeping 80 per cent of subscription proceeds and the platform pocketing the remaining 20 per cent. It has 377m fan accounts in total.

The current minority stake talks represent a notable scaling back of ambitions. In January, OnlyFans was reported to be in discussions with Architect about selling a majority stake of 60 per cent. Before that, the company had explored a sale to a consortium led by Forest Road Company, a Los Angeles-based investment firm. Neither deal materialised.

OnlyFans has built an enormously lucrative business on content that mainstream finance has long refused to touch. Now, with its owner gone and a $3bn valuation on the table, it is looking for the kind of respectable institutional backing that might finally persuade the banks to take its calls.

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