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Hindustan Foods cooks up profit rise as Q1 revenue nears Rs 1,000 crore
MUMBAI: Hindustan Foods has served up a healthy quarter, dishing out a net profit of Rs 31.73 crore for Q1 FY26, up from Rs 27.25 crore a year ago, as revenue from operations nearly touched the Rs 1,000 crore mark. For the three months ended 30 June 2025, consolidated revenue hit Rs 994.69 crore, a 14.6 per cent year-on-year jump from Rs 868.08 crore, and a sequential rise from Rs 933.37 crore in Q4 FY25. Other income contributed Rs 3.44 crore, taking total income to Rs 998.13 crore.
Expenses also climbed, with cost of materials consumed at Rs 778.50 crore, employee benefits at Rs 62.83 crore, and manufacturing and operating costs at Rs 51.67 crore. Finance costs rose slightly to Rs 20.47 crore, while depreciation and amortisation came in at Rs 20.92 crore.
Profit before tax stood at Rs 42.06 crore, compared to Rs 36.24 crore in Q1 FY25. After accounting for Rs 10.33 crore in taxes, the bottom line settled at Rs 31.73 crore. Basic and diluted earnings per share held at Rs 2.69, up from Rs 2.38 a year earlier.
On a standalone basis, revenue reached Rs 733.23 crore, up from Rs 639.66 crore last year, with net profit climbing to Rs 30.38 crore.
With its production lines humming, Hindustan Foods has managed to whisk together rising sales and steady margins — a recipe it will hope to keep following for the rest of FY26.
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UK’s OnlyFans seeks US investor at $3bn valuation after owner’s death
The adult video platform is seeking stability after the death of its billionaire owner
LONDON: OnlyFans is looking for a new partner. The London-based adult video platform is in advanced talks to sell a minority stake of less than 20 per cent to Architect Capital, a San Francisco-based investment firm, in a deal that would value the business at more than $3bn (£2.2bn).
The move is driven by an urgent need for stability. Leonid Radvinsky, the Ukrainian-American billionaire who owned OnlyFans, died of cancer last month at the age of 43, leaving the future of one of Britain’s most profitable privately held businesses suddenly uncertain.
The choice of Architect Capital is not arbitrary. The firm has deep expertise in financial services, which aligns neatly with OnlyFans’ ambitions to offer banking products to its creators, many of whom have long struggled to access basic financial services because of the nature of their work.
The numbers behind OnlyFans are, by any measure, staggering. The platform posted revenues of $1.4bn in the year to 30th November 2024, with a pre-tax profit of $684m, up four per cent on the prior year. Payments to creators totalled $7.2bn over the same period, a rise of nearly ten per cent. Radvinsky personally collected $701m in dividends from the business in 2024 alone, on top of more than $1bn in such payments he had already received. The platform, run through its parent company Felix International, hosts 4.6m creator accounts, with performers keeping 80 per cent of subscription proceeds and the platform pocketing the remaining 20 per cent. It has 377m fan accounts in total.
The current minority stake talks represent a notable scaling back of ambitions. In January, OnlyFans was reported to be in discussions with Architect about selling a majority stake of 60 per cent. Before that, the company had explored a sale to a consortium led by Forest Road Company, a Los Angeles-based investment firm. Neither deal materialised.
OnlyFans has built an enormously lucrative business on content that mainstream finance has long refused to touch. Now, with its owner gone and a $3bn valuation on the table, it is looking for the kind of respectable institutional backing that might finally persuade the banks to take its calls.
