MAM
Jain Studios reports flat q-o-q PAT for Q2-2015
BENGALURU: Jain Studios Limited (JSL) reported 6 per cent growth in q-o-q Total Operating Revenue (TOI) in Q2-2015 at Rs 880.07 lakh from Rs 830.24 lakh and a 52.5 y-o-y growth from Rs 577.1 lakh. Y-t-d the company’s TIO increased 52.6 per cent to Rs 1710.31 lakh from Rs 1120.84 lakh in the corresponding six months of last year (HY-2014).
Note: 100,00,000 = 100 lakh = 10 million = 1 crore ; 10 lakh = 1 million
The company’s profit after tax (PAT) in Q2-2015 at Rs 20.78 lakh (2.4 per cent of TIO) was almost flat (2.6 per cent higher) than the Rs 20.26 lakh (2.4 per cent of TIO), but was 33.9 per cent lower than the Rs 31.43 lakh in Q2-2014. PAT for HY-2015 at Rs 41.04 lakh (2.4 per cent of TIO) was 20.3 per cent lower than the Rs 51.51 lakh (4.6 per cent of TIO) in HY-2014.
JSL total expenditure (TE) in Q2-2015 at Rs 845.05 lakh (96 per cent of TIO) was 4.1 per cent more than the Rs 811.94 lakh in Q1-2015 (97.8 per cent of TIO) and 50.1 per cent more than the Rs 562.87 lakh (97.5 per cent of TIO) in Q2-2014. HY-2015 TE at Rs 1657 lakh (96.9 per cent of TIO) was 52.1 per cent more than the Rs 1089.44 lakh (97.2 per cent of TIO) in HY-2014.
Production cost is a major expense head for the company. The company’s production cost in Q2-2015 at Rs 625.52 lakh (71.1 per cent of TIO) was 4 per cent more than the Rs 601.2 lakh (72.4 per cent of TIO) in the previous quarter and 271.9 per cent more than the Rs 168.19 lakh (29.1 per cent of TIO) in Q2-2014. For HY-2015, production cost at Rs 1226.73 lakh (71.7 per cent of TIO) was 279.6 per cent more than the Rs 323.18 lakh (28.8 per cent of TIO) in HY-2014.
JSL chairman J K Jain stated, “There is a growth of 52.50 per cent in the operating revenues during the current quarter as compared to quarter in the previous year due to significant wins in Mobile Healthcare business.
“The growth in revenue is in line with our expectation and is a reflection of our investments in new business ventures to accelerate the company’s growth. We have utilised internal funds for these ventures and are sure that the company will be able to mobilise funds to support the growth in future,” he added.
MAM
Indigo appoints Aloke Singh as Chief Strategy Officer
Air India Express MD joins to steer global growth and operational efficiency.
MUMBAI: Indigo just recruited its next big strategist from the rival camp because when you’re chasing the skies, sometimes the best way to fly higher is to borrow the pilot who already knows the route. InterGlobe Aviation, parent company of IndiGo, announced on 23 March 2026 that its board has approved the appointment of Aloke Singh as Chief Strategy Officer. Singh, who most recently served as managing director and CEO of Air India Express, will lead enterprise-wide strategic planning, operational efficiency initiatives and the airline’s aggressive push into international routes.
Reporting initially to managing director Rahul Bhatia and later to Indigo’s incoming CEO Singh brings over three decades of experience across strategy, operations and commercial functions in aviation. At Air India Express he drove network expansion and performance turnaround, earlier roles at Air India and Oman Air sharpened his focus on long-term planning.
“Aloke brings an exceptional blend of strategic vision and operational depth,” Bhatia said. “His experience will be critical as Indigo seeks to build a more agile, resilient and future-ready organisation.”
The appointment arrives at a pivotal moment. Indigo, India’s dominant domestic carrier, has faced intense scrutiny after operational disruptions in December 2025 thousands of cancelled and delayed flights due to crew scheduling misalignments with new pilot fatigue norms triggering fines, passenger chaos and regulatory heat. Former CEO Pieter Elbers resigned in March 2026 citing personal reasons, though his exit followed sustained pressure from those setbacks and rising costs.
Singh described joining Indigo as “a pivotal moment” for both the airline and Indian aviation, as the carrier accelerates beyond its domestic stronghold into a more competitive global arena.
In an industry where turbulence is measured in both altitude and headlines, Indigo isn’t just hiring a strategist, it’s recruiting a steady hand to navigate from domestic dominance to international takeoff, one calculated flight plan at a time.
