MAM
Jasdeep Singh takes over as group CEO of Sparsh Hospitals
MUMBAI: Sparsh Group of Hospitals announced the appointment of Jasdeep Singh as its Group Chief Executive Officer. A distinguished healthcare business leader with over 25 years of cross-functional experience, Jasdeep Singh brings to SPARSH a powerful vision rooted in patient-centric care, operational excellence, and transformative leadership.
Jasdeep Singh joins Sparsh from Care Hospitals, where he served as the group CEO of Quality Care India Limited. His leadership philosophy is centered around building people-first institutions that prioritize clinical quality, patient satisfaction, and sustainable growth.
Speaking on his new role, Sparsh Hospitals group CEO Jasdeep Singh said, “Healthcare should not be seen just as a business; it should be a commitment to healing and human dignity. My vision is to strengthen patient experience, elevate standards of care, and integrate technology in ways that make recovery and healing truly seamless. When a patient leaves SPARSH Hospitals, they should walk away not just healed, but with an assurance and comfort that SPARSH will stand by them for life. That’s the benchmark we’re setting.”
“SPARSH Hospitals have set benchmarks with expertise, experience, and advanced technologies. The strength of any hospital lies in its people. Our doctors bring unparalleled skill and dedication to every case, ensuring that patients receive world-class medical care. Equally, our nurses, technicians, and support staff form the backbone of patient experience — their compassion, efficiency, and commitment make all the difference. My goal is to foster a culture where every member of the SPARSH family feels valued, empowered, and inspired,” added Singh.
Welcoming him to the Sparsh family, Sparsh Group of Hospitals chariman Dr. Sharan Shivaraj Patil said, “Jasdeep brings with him not just experience, but a sense of purpose that aligns with our mission—to make healthcare more precise, compassionate, accessible, and affordable. With nine hospitals in our network, SPARSH Group of Hospitals is redefining excellence in Indian healthcare by blending clinical innovation with accessibility. As we expand our footprint, including the upcoming launch of Sarjapur facility, his strategic leadership will be instrumental in taking SPARSH to the next level.”
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.
