MAM
Isobar India taps Gurjot Shah Singh to drive media services
Mumbai: Isobar, the creative agency from the house of dentsu India has announced the appointment of Gurjot Shah Singh as executive vice president (EVP) – media.
In his new role, Gurjot will be responsible for strengthening the media services of the agency. He will also be driving the growth of media services for Isobar India group jointly with WATConsult AVP media and strategy Shanu Jain, said the statement.
“Creative use of media is the key to success in advertising and Gurjot echoes the same in his work,” said Isobar India group CEO Heeru Dingra. “He comes with extensive experience in the industry and has invaluable knowledge in his domain. Moreover, he brings with him the talented team from Webchutney, those who have been instrumental in bagging multiple awards internationally. I am looking forward to having him build on the exciting and vast roster of brands that we manage at Isobar.”
“The next leg of Isobar’s journey is all about providing differentiated experiences to the consumers. Media and creative will have to work hand in hand to provide such experience. Gurjot, with his experience, will be able to take Isobar to new heights in this regard. I look forward to working with Gurjot to not just provide a great solution to our clients, but also to grow the Isobar business in the coming days,” added Isobar India managing partner Rahul Vengalil.
Over the last decade, Gurjot has worked on several award-winning campaigns and consulted over 250 brands including Ather Energy, Honda bikes, Uber, Max life insurance, IndusInd Bank, Whirlpool, Canon, Flipkart, Under Armour, British council, Air India, Sony Pictures, to name a few.
“With the enhanced mandate, my team and I will further build on Isobar’s existing strengths and capabilities,” said Gurjot on his new role. “In this new avatar, we’re going to be very pragmatic about what the alchemy of creative, media and technology is going to bring. I am excited to partner with some of the best talents in dentsu to drive a wider change in the way brands connect with audiences.”
It is pertinent to note here that dentsu Creative group India has centralised its digital media services across all its agencies and capabilities under the Isobar India group. The agencies under dentsu Creative group India include dentsu Webchutney, Taproot dentsu, WATConsult, Perfect Relations, Isobar, dentsu One, dentsuMB (earlier Dentsu India) and dentsu Impact.
Brands
Ceat FY26 profit rises 68.6 per cent to Rs 812.7 crore
Q4 PAT up 182.5 per cent; revenue grows 15.5 per cent to Rs 15,214.9 crore
MUMBAI: Tyres are rolling faster and so are Ceat’s numbers. Ceat Limited reported a strong performance for FY26, with profit after tax surging 68.6 per cent year-on-year to Rs 812.7 crore, driven by steady revenue growth and improved operating efficiency. For the full year, revenue from operations rose 15.5 per cent to Rs 15,214.9 crore, compared to Rs 13,171.7 crore in FY25. Total income stood at Rs 15,346.4 crore, reflecting both core growth and higher other income.
The March quarter delivered an even sharper uptick. Q4 FY26 revenue grew 18.2 per cent year-on-year to Rs 4,035.9 crore, while profit after tax jumped to Rs 283.6 crore up from Rs 100.4 crore in the same period last year, marking a 182.5 per cent increase.
Operating performance remained firm, with EBITDA margins improving to 14.55 per cent in Q4 from 11.56 per cent a year ago. Net profit margin for the quarter stood at 7.03 per cent, more than doubling from 2.94 per cent in Q4 FY25.
Cost pressures remained visible but manageable. Material costs for the year rose to Rs 9,197.1 crore, while finance costs increased to Rs 359.5 crore, reflecting higher borrowings. However, stronger topline growth and operational efficiencies helped offset these pressures.
On the balance sheet front, net worth expanded to Rs 5,067.0 crore as of March 31, 2026, up from Rs 4,285.8 crore a year earlier. The debt-to-equity ratio stood at 0.59, compared to 0.45 in FY25, indicating a moderate rise in leverage amid expansion and funding activity.
Cash flow from operations remained robust at Rs 1,839.9 crore for FY26, supporting capital expenditure of over Rs 1,076.0 crore towards capacity and asset investments. The company also deployed capital across investments and mutual funds during the year.
In terms of financing, Ceat raised Rs 250 crore through unsecured non-convertible debentures during the year, while Rs 400 crore of such instruments remain outstanding. Additionally, commercial papers worth Rs 500 crore were outstanding but not due for repayment as of March-end.
The numbers suggest a company gaining traction across both growth and profitability metrics, where steady demand, improved margins and disciplined capital allocation are helping CEAT keep its performance firmly on track.
