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Divine Solitaires joins hands with actress Vaani Kapoor

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Mumbai: Divine Solitaires, a leading diamond solitaire jewellery brand, is all set to add some spark to the lean month of August and usher in the upcoming festive and wedding season. It is all set to bring back India’s biggest diamond solitaire promotion with The Solitaire Festival of India (TSFI) for the third consecutive year in 2024— this time with actress Vaani Kapoor as the brand ambassador!

Known for her roles in blockbuster films such as War, Shuddh Desi Romance and Befikre, this year, the event is set to be a grander success with the presence of actress Vaani Kapoor. Vaani brings a dash of star magic and an impressive Instagram following of 8 million, mostly comprising India’s empowered youth, who will make this campaign the talk of the town this year.

This annual event will run from August 1-31 at over 200 partner jeweller stores and on https://shop.divinesolitaires.com and will feature the solitaire collections of some of India’s finest diamantaires. Throughout the month, customers from different states across India can browse through and indulge in stunning collections of solitaire jewellery pieces in their respective cities as well as online.

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The festival offers a unique incentive for valued customers to receive assured gifts with every purchase of diamond solitaire jewellery. Each purchase includes coupons for weekly lucky draws scheduled for 11, 17 and 24 August, featuring exciting prizes ranging from iPhones to Alto cars. The grand finale of the festival will have a bumper draw on September 4, where one lucky winner will drive home in a luxurious XUV 700, and other winners will take home additional prizes.

“The festive and wedding season is just around the corner and for our partners and customers, there is no better time than August and no better opportunity than TSFI to invest in diamond solitaire jewellery. Our customers will not only have the opportunity to see, feel and purchase the best quality diamond solitaires with 8 hearts and arrows each but also have the chance to win some fantastic prizes!” said Divine Solitaires founder Jignesh Mehta.

The 2nd edition of TSFI in 2023 was a huge success closing with a staggering 600 per cent increase in footfall over the previous year. This year, partner jewellers like Senco Gold, Ranka Jewellers, and Reliance Retail to name a few, are set to break that record attracting customers from across India.

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To spread the word about the TFSI 2024 campaign, Divine Solitaires will drive a series of nationwide marketing initiatives in over 100 cities. These will comprise targeted outreach through regional newspaper advertisements, impactful radio campaigns and cinema ads playing across theatres nationwide for seven days.

To add an interactive dimension, Divine Solitaires will host a Facebook and Instagram live draw event on 11 August, engaging audiences nationwide and bringing the thrill of the draw directly to their screens. This initiative aims to foster community spirit and participation, enriching the festival experience for all. With a steadfast commitment to boosting footfall and engagement, the festival promises to be a resounding success, delighting customers and jewellers alike. Join us in this grand celebration and witness the enchantment of Divine Solitaires.

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Brands

Trent posts Rs 19,701 crore FY26 revenue, profit rises to Rs 1,968 crore

Q4 profit at Rs 455 crore; margins improve, net worth climbs to Rs 7,703 crore

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MUMBAI: Retail therapy seems to be working for Trent Limited as much as for its shoppers. The Tata Group retail arm reported a steady performance for FY26, with revenue from operations rising to Rs 19,701.41 crore, up from Rs 16,668.11 crore in FY25. Total income for the year stood at Rs 20,075.87 crore, reflecting continued momentum across its retail formats.

Profit before tax came in at Rs 2,511.54 crore for the year, compared to Rs 2,076.62 crore a year earlier. After accounting for taxes of Rs 543.72 crore, net profit rose to Rs 1,967.82 crore, marking a clear improvement from Rs 1,584.84 crore in FY25.

For the March quarter, the company reported revenue of Rs 4,936.64 crore and total income of Rs 4,997.71 crore. Profit before tax stood at Rs 576.46 crore, while net profit came in at Rs 454.75 crore, up from Rs 349.92 crore in the same quarter last year.

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On the cost front, total expenses for FY26 rose to Rs 17,538.54 crore, driven by higher stock purchases of Rs 11,170.44 crore and increased occupancy costs at Rs 1,652.69 crore. Employee benefit expenses also edged up to Rs 1,222.04 crore, reflecting continued expansion.

Operationally, the company maintained stable efficiency metrics. Operating margin improved to 11.88 per cent from 11.29 per cent, while net profit margin rose to 9.99 per cent from 9.51 per cent. The interest service coverage ratio stood strong at 16.76, indicating comfortable debt servicing capacity.

Trent’s balance sheet also strengthened during the year. Net worth increased to Rs 7,702.80 crore from Rs 5,914.40 crore, while total assets expanded to Rs 12,225.71 crore. The debt-to-equity ratio improved to 0.33 from 0.38, signalling a more balanced capital structure.

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Cash flow from operations rose to Rs 2,630.19 crore, compared to Rs 1,668.26 crore in the previous year, even as the company continued to invest in expansion, with capital expenditure and investments weighing on investing cash flows.

With consistent growth across revenue, profitability, and margins, Trent’s FY26 performance suggests a retailer scaling steadily ringing up gains not just at the checkout, but across the balance sheet.

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