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ENIL announces Q2-2014 middling results as compared to Q1-2014

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BENGALURU: The Bennett, Coleman & Co. Limited promoted Indian private FM player Entertainment Network (India) Limited (ENIL) which operates FM radio broadcasting stations through the brand Radio Mirchi in 32 Indian cities announced PAT of Rs 16.41 crore for Q2-2014, 17.6 per cent lower than the Rs 19.91 crore for Q1-2014, but a steep 59.3 per cent higher than the Rs 10.30 crore for the corresponding quarter of last year (Q2-2013).

 

Standalone total revenue for ENIL for Q2-2014 was Rs 86.55 crore, about 1.5 per cent higher than the Rs 85.24 crore for Q1-2014 and 12.3 per cent higher than the Rs 77.09 crore y-o-y (Q2-2013).

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Last quarter (Q1-2014), ENIL announced that its shareholders had approved a dividend of 10 per cent for FY-2013.

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MAM

PropertyPistol appoints Hemant Bajaj as chief marketing officer

Proptech firm taps global marketing leader to sharpen brand and growth strategy.

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Hemant Bajaj

MUMBAI: In the fast moving world of proptech, building homes may be the business, but building the brand is just as crucial. Propertypistol, the proptech driven real estate advisory platform, has appointed Hemant Bajaj as its chief marketing officer (CMO) as the company looks to strengthen its brand narrative and accelerate growth across markets. Bajaj will lead the company’s marketing operations across multiple geographies, overseeing brand strategy, integrated marketing initiatives and revenue aligned growth programmes as Propertypistol prepares for its next phase of expansion.

The appointment comes at a time when the proptech sector is seeing rapid digital adoption, with companies increasingly focusing on leadership talent capable of combining technology, data driven marketing and customer experience.

Bajaj brings experience spanning India, South East Asia and the Middle East, where he has worked on scaling brands and leading digital transformation initiatives across multiple industries. His work in the marketing and media ecosystem recently earned him recognition as a ‘Powerhouse Leader’ at the Mastermind Awards in Dubai, highlighting his track record in managing high impact marketing mandates.

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Propertypistol founder and managing director Ashish Narain Agarwal said the appointment comes at a pivotal stage in the company’s journey as it looks to strengthen its market presence.

“Hemant’s appointment comes at a defining moment for us. As we scale our market position, it is vital to have leadership that blends strategic vision with executional depth. Hemant’s deep understanding of brand and business alignment will be instrumental as we redefine the proptech landscape,” Agarwal said.

Bajaj said Propertypistol’s technology first approach to real estate advisory was one of the key reasons behind his decision to join the company.

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“Propertypistol has established itself as a technology first platform that is redefining how investors navigate the property market. Having led marketing transformations across international borders and fast paced industries, I recognise the exceptional strength of the foundation built here,” he said.

He added that his focus would be on accelerating the company’s digital marketing capabilities while building strategies that deliver sustained value for customers and partners worldwide.

The leadership move reflects Propertypistol’s broader effort to strengthen its executive team as the proptech industry evolves rapidly. With property search, advisory and transactions increasingly shifting online, companies in the sector are investing heavily in marketing intelligence and digital platforms to stay competitive.

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By bringing Bajaj on board, Propertypistol is betting that sharper brand positioning and technology led marketing will help it stand out in an increasingly crowded digital real estate marketplace.

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