Brands
Fastrack compelled to withdraw its latest ad
MUMBAI: Long ago, in 1995, when models Milind Soman and Madhu Sapre went bold to show their seductive side while endorsing a shoe brand, they created a furor. While the advertising fraternity claimed it to be a coming of age ad, almost all the “socially responsible” groups came together to raise their voice against the ad that put everyone associated with it in a sticky situation.
Even after almost two decades the situation doesn’t seem to have changed much. This time the youth brand, Fastrack, which has become popular for its daring stance on youth issues, is at the receiving end. A latest Out-of-Home (OOH) campaign by the fashion and lifestyle brand from the house of Tata’s shows youngsters draped in tape that has “sale” written on it.
The campaign conceptualised by Lowe Lintas was launched in the middle of this month and will be on till mid-February. Ironically, the brand, which till now has been appreciated for its unprecedented take on the social causes, had to take a step back in this case.
Sources from the industry reveal that the campaign has been at the receiving end from certain sections of the society since the time it was launched, some even claiming the ad to be objectifying women. Thus, the brand was compelled to take off the ad.
Lowe Lintas’ NCD Arun Iyer confirmed the news with indiantelevison.com and said that it was a mutual decision taken by both the teams (brand and creative) to take off the advertisement. However, a new campaign will replace it within 24 hours, he informs.
The brand has over eight million likes on Facebook.
Brands
Angel One Q4 profit surges 83 per cent to Rs 320cr
year net profit dips 22 per cent to Rs 915cr as revenue softens slightly to Rs 5,137cr.
MUMBAI: Angel One has just earned its wings in style delivering a blockbuster Q4 that proves the brokerage giant is still flying high even in a cautious market. Standalone revenue from operations for the three months ended 31 March 2026 rose sharply to Rs 1,459cr, up from Rs 1,056cr a year ago. Total income stood at Rs 1,467cr. After all expenses, profit before tax came in at Rs 440cr, while net profit for the quarter surged 83 per cent to Rs 320cr (versus Rs 175cr last year). Basic EPS stood at Rs 3.52 and diluted at Rs 3.44.
For the full year ended 31 March 2026, revenue from operations was Rs 5,137cr compared with Rs 5,238cr in FY25. Total income reached Rs 5,152cr. Profit before tax was Rs 1,272cr, and net profit came in at Rs 915cr (down from Rs 1,172cr). Basic EPS was Rs 10.09 (from Rs 13.00) and diluted Rs 9.85 (from Rs 12.68).
Total comprehensive income for the quarter stood at Rs 321cr, while the full-year figure was Rs 913cr.
The strong quarterly performance reflects robust growth in interest income (Rs 455cr) and fees & commission (Rs 1,000cr), even as the full-year numbers moderated amid a softer overall environment. Finance costs rose to Rs 134cr in Q4 (full year Rs 437cr), while employee benefits stood at Rs 244cr for the quarter (full year Rs 1,067cr).
In a year when many brokers felt the pinch of muted market activity, Angel One has delivered a sparkling Q4 that shows its core broking engine is firing on all cylinders. With the books now closed on FY26, the Mumbai-based player has once again demonstrated that consistent execution and a sharp focus on retail participation continue to pay rich dividends in India’s booming capital markets.
