Brands
Doms draws bold Q1 lines with 26 per cent revenue surge
MUMBAI: Doms Industries is sketching a strong start to FY26 and the numbers are anything but sketchy. The stationery-to-hygiene products maker chalked up a 26 per cent year-on-year jump in consolidated revenue to Rs 56,227.72 lakh for the quarter ended June 2025, compared with Rs 44,501.17 lakh in the same period last year.
Net profit for the quarter stood at Rs 5,910.20 lakh, up from Rs 5,430.25 lakh in Q1 FY25, powered by robust demand for its stationery range, which contributed a hefty Rs 52,623.15 lakh in sales. Hygiene products chipped in Rs 3,604.57 lakh, though slightly down from the previous quarter.
Operating profit from stationery alone touched Rs 10,079.58 lakh, with hygiene adding Rs 243.99 lakh. After depreciation of Rs 2,040.90 lakh and finance costs of Rs 347.76 lakh, profit before tax clocked Rs 7,934.01 lakh.
Expenses rose to Rs 48,742.21 lakh, led by higher material costs of Rs 27,335 lakh and employee expenses of Rs 7,640.85 lakh, as the company ramped up production and workforce strength to meet demand.
On the capital side, Doms reported total assets of Rs 159,863.53 lakh against liabilities of Rs 45,585.72 lakh. From its IPO proceeds, Rs 19,819.96 lakh has been utilised, leaving Rs 13,452.49 lakh earmarked mainly for project expansion.
The company’s earnings per share came in at Rs 9.44, up from Rs 8.54 a year ago. With both pencils and profits pointing upward, Doms seems to be writing a growth story that’s hard to erase.
Brands
Malaika Arora launches Maejoy accessories brand with Myntra partnership
New label debuts with 250 plus handbags and lab grown diamond jewellery.
MUMBAI: When style meets sparkle, a new brand is ready to take centre stage. Actor and entrepreneur Malaika Arora has launched a lifestyle accessories label called Maejoy, developed in collaboration with Exceed Entertainment and Myntra Jabong India Private Limited (MJIPL), the B2B wholesale arm of Myntra. The brand enters the market with a debut collection of more than 250 styles spanning handbags and lab grown diamond jewellery, two categories that continue to define everyday personal style for modern consumers.
The handbag lineup includes crossbody bags, structured shoulder bags, bucket bags, totes, backpacks, clutches and workwear inspired designs. The pieces are crafted using materials such as synthetic leather, raffia, braids, satin, rhinestones and metallic finishes.
Alongside the bags, Maejoy has introduced a jewellery range featuring lab grown diamond rings, earrings, pendants, bracelets and tennis bracelets. The pieces are set in 925 sterling silver bases with gold, silver and rose gold tones, and include diamonds certified by IGI and GCI.
Positioned as a premium yet accessible accessories label, Maejoy is built around the philosophy “The Joy of Being Me”, aiming to blend aspirational fashion with everyday usability. The brand’s positioning centres on three pillars: authenticity, empowerment and accessibility.
Arora described the venture as a natural extension of her long association with fashion and personal style.
“Maejoy is a labour of love. Throughout my career, whether on screen, in business or through personal style, I have always believed fashion should feel empowering yet effortless. The Joy of Being Me celebrates individuality while making global fashion trends more accessible,” she said.
MJIPL, CXO and head of house of brands Suman Saha said the brand brings together Arora’s style perspective with a strong opportunity in the accessible premium accessories segment.
“Maejoy combines Malaika Arora’s distinctive style sensibility with fashion forward designs that we believe will resonate strongly with consumers looking for elevated yet wearable accessories,” he said.
Exceed Entertainment CEO Afsar Zaidi added that building celebrity led brands requires balancing authenticity with market viability.
“Malaika commands respect both as a fashion icon and a businesswoman. Bringing her creative vision together with Myntra’s brand building expertise creates a strong foundation for Maejoy,” he said.
The collection is available exclusively on Myntra through its website and mobile app, making the brand accessible to millions of shoppers across India as it steps into the competitive lifestyle accessories space.
