MAM
Harkness Screens joins the fight against COVID-19
MUMBAI: Harkness Screens recently announced that it would be starting a number of research and development projects into ways that they could support healthcare workers, social care workers and key workers; thereby using their unique skills and broad geographical footprint. With factories in the US, the UK, France, India and China, the effects of COVID-19 and the coronavirus have been felt by all branches of the Harkness tree. With going to the cinema and large gatherings off the agenda for the foreseeable future, Harkness Screens now shift to focus on how they can help those on the frontline best.
With 90 years’ experience working with screens surfaces, PVC having been the core material used for majority of this time, Harkness have the process and the skills and belief that they can instead provide durable and protective clothing and equipment for those on the frontline, fighting COVID-19. Harkness have prototype designs of medical curtains and heavy-duty PVC aprons using the PVC usually used to create a movie theatre’s silver screen. These could be rolled out into a number of different environments, such as the fast food, hotels, restaurants and supermarkets.
With a firm belief that Harkness Screens can offer much-needed protection and help in these difficult times, Mark Ashcroft, CEO of Harkness Screens, said: “For us, this pandemic could be felt at the tail end of last year when the onset of it in China meant that our factory remained closed from Chinese New Year to the end of March. As a result, when COVID-19 reached the other regions we operate in, we knew what to expect and were proactive in thinking of new ways to help. Our team across the world have been collaborating to think of products that could help those on the frontline. I have seen images of medical staff at drive through testing centres in the USA and the UK wearing aprons that are made from a material no thicker than that of a plastic bag you can get from a grocery store. They blow in the wind easily and expose people putting themselves in danger of contracting the disease.”
He further added, “These heavy-duty aprons made out of PVC would sit far stiller and would take much more than a breeze to disrupt them. We truly believe that we can help those on the frontline at the moment and hope that people take us up on our sincere offer to provide assistance in these unprecedented times.”
Chief Scientist and Director of R&D (research and development), Laurent Espitalier believes that all of Harkness’ ideas are well within the skillset and capabilities of Harkness staff all over the world. He said, “All of the concepts we have come up with use the same techniques and technology that we use every day in the manufacturing of cinema screens. Things like the medical curtains have a place in all critical industries, maintaining high rates of production and can be very easily produced by us. Speaking to my colleagues all over the world, who are in different stages of this pandemic, I am sure that Harkness Screens can offer help where it is most needed. The fact that we have such a wide global footprint means that we can help countries and provide them with high quality PVC products, because we have a wealth of knowledge in that material.”
Harkness Screens are also currently developing other ideas that could help commercial industries maintain high standards of health and safety, both during and post the COVID-19 pandemic.
Brands
Bajaj Consumer Care FY26 profit rises to Rs 193.7 crore
Revenue climbs to Rs 1,092 crore as profit grows 49 per cent YoY
MUMBAI: Hair today, growth tomorrow Bajaj Consumer Care Limited seems to have found its shine again, posting a sharp jump in profitability even as it doubled down on brand spends and expansion. The company reported a net profit of Rs 193.7 crore for FY26, marking a strong 49 per cent rise from Rs 130.1 crore in FY25. Revenue from operations also grew to Rs 1,092.2 crore, up from Rs 942.8 crore a year earlier, signalling steady demand momentum across its portfolio.
For the March quarter, profit stood at Rs 64.1 crore, compared to Rs 31.5 crore in the corresponding period last year, while revenue rose to Rs 308.3 crore from Rs 243.5 crore.
The performance came despite a notable increase in spending. Advertising and sales promotion expenses climbed to Rs 168.3 crore in FY26, up from Rs 137.8 crore in FY25, reflecting continued investment in brand building. Other expenses also rose to Rs 151.3 crore from Rs 134.2 crore, indicating a broader push towards growth.
Operating efficiency, however, held firm. Profit before tax increased to Rs 234.8 crore in FY26 from Rs 157.7 crore a year earlier, supported by disciplined cost management across materials and inventory.
On the balance sheet, the company’s total assets expanded to Rs 959.1 crore as of March 31, 2026, compared to Rs 931.9 crore a year earlier. Other equity rose to Rs 780.3 crore, reinforcing a stronger financial base.
Cash flow from operations saw a significant uptick, reaching Rs 196.9 crore in FY26, nearly three times the Rs 67.9 crore recorded in FY25, highlighting improved working capital management.
However, the year also saw aggressive capital allocation. The company spent Rs 190.2 crore on share buybacks, contributing to a net cash outflow of Rs 196.5 crore from financing activities. Cash and cash equivalents stood at Rs 6.8 crore at the end of the year, down from Rs 25.6 crore.
Even as investments in subsidiaries and assets continued, the numbers suggest a company balancing growth ambitions with shareholder returns keeping one eye on expansion and the other on efficiency.
With margins improving and revenue steadily climbing, Bajaj Consumer Care appears to be combing through the competition with renewed confidence.
