MAM
Dollar Industry is looking for the creative agency for its women’s lifestyle
MUMBAI: Dollar Industries, a hosiery manufacturing company is looking for a creative agency for its Lifestyle clothing.
The multi pitch process is going on in Kolkata. There are different agencies vying for the space. The creative duties for men‘s innerwear Dollar Bigboss is handled by Lowe Lintas.
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Dollar Industries head advertising corp comm Bidyut Nath |
Dollar Industries head – advertising cooperate communications Bidyut Nath said, “Dollars new Lifestyle brand now includes casual wear for man. We are planning to introduce women‘s range two under this category shortly. The man‘s range is already soft launched in east and the next spring summer, we will launch the new brand across the country. Dollar industry is 575 crore in 2012 – 2013. So out of which the turnover of 60 per cent comes from man‘s innerwear, 20 per cent from woman and 10 per cent from the low range product.”
“Total marketing budget of Dollar is around 50-60 crore, out of which around 20-30 per cent would be invested for this new brand,” added Nath.
Business in India has undergone a remarkable metamorphosis and contributing in no small measure by visionaries like Shri Dindayal Gupta, Chairman of Dollar Industries.
Dollar Bigboss has been promoted by Salman Khan. Bollywood actor Akshay Kumar and choreographer Prabhu Deva appeared this year in March in a TVC. For which Dollar had a 360 degree advertising campaign via print, electronic and outdoor media to promote the commercial.
Brands
Lotus Chocolate FY26 profit drops sharply, Q4 slips into loss
Revenue steady at Rs 579.55 crore, Q4 loss at Rs 4.47 crore
MUMBAI: Sweet on the top line, slightly bitter on the bottom Lotus Chocolate’s FY26 numbers tell a story that’s more dark cocoa than milk. The company managed to hold its revenue steady for the year, but profitability took a visible hit, capped by a loss-making fourth quarter. Lotus Chocolate Company Limited reported revenue from operations of Rs 579.55 crore for the year ended March 31, 2026, marginally up from Rs 573.75 crore in FY25. Total income rose to Rs 615.61 crore, compared with Rs 574.56 crore in the previous year, supported by a sharp jump in other income to Rs 36.06 crore from just Rs 0.81 crore.
However, the gains at the top did little to cushion profitability. Net profit for FY26 fell dramatically to Rs 0.10 crore, down from Rs 17.23 crore in FY25, reflecting significant cost pressures across the business.
The March quarter proved particularly challenging. The company reported a net loss of Rs 4.47 crore in Q4 FY26, compared with a profit of Rs 0.14 crore in the previous quarter and Rs 1.42 crore in the same quarter last year. Total income for the quarter stood at Rs 138.01 crore, down from Rs 150.21 crore in Q3 FY26 and Rs 157.52 crore in Q4 FY25.
Expenses remained elevated throughout the year. Total expenses rose to Rs 614.44 crore in FY26 from Rs 551.50 crore in FY25, eating into margins. A key swing factor was the cost of materials consumed, which stood at Rs 304.44 crore, while changes in inventories also reflected volatility, with a negative impact of Rs 62.44 crore in the previous year reversing to a positive Rs 52.93 crore this year.
Employee benefit expenses nearly doubled to Rs 34.00 crore from Rs 17.98 crore, while finance costs surged to Rs 16.31 crore from Rs 7.11 crore, indicating higher borrowing and funding costs. Depreciation and amortisation expenses also increased to Rs 3.92 crore from Rs 1.81 crore, reflecting ongoing investments.
On the balance sheet front, total assets stood at Rs 275.96 crore as of March 31, 2026, slightly higher than Rs 270.34 crore a year earlier. Borrowings remained significant, with current borrowings at Rs 89.00 crore, highlighting continued reliance on external funding.
Cash flow dynamics showed improvement in operations, with net cash generated from operating activities at Rs 93.23 crore, compared with a negative Rs 129.60 crore in FY25. However, financing outflows remained high at Rs 74.90 crore, driven largely by repayment of borrowings and interest costs.
Despite stable revenue, the sharp drop in profitability underscores the pressure of rising input costs, higher finance expenses and operational adjustments. The contrast between steady sales and squeezed margins leaves Lotus Chocolate at a crossroads proving that in business, as in confectionery, the real test isn’t just in the sweetness of sales, but in the richness of returns.
