MAM
Jenny Setnicker joins Casbaa as head of advertising development
MUMBAI: Casbaa has appointed Jenny Setnicker as head of advertising development.
Setnicker has more than 15 years of media industry experience with eight years at CNBC Asia in advertising sales and client content solutions. Before that she worked at Omnicom Group developing client sponsorships for Millsport LLC in New York. Prior to that, she was in Hong Kong as part of Star TV‘s programming and acquisitions team.
Setnicker will be based out of Singapore and will be responsible for marketing the benefits of multichannel advertising. She will also handle new investment in the development of data and actionable insights relevant to the multi-channel TV sector in all its forms along with promoting value proposition for pay TV to media agencies, clients and network owners.
Setnicker will also be in charge of promoting the best interests of the Casbaa advertising members – AETN All Asia Networks, BBC Worldwide, Discovery Networks Asia-Pacific, FOX One Stop Media, NBCUniversal, Sony Pictures Television, TrueVisions and Turner Broadcasting System Asia Pacific.
Casbaa CEO Simon Twiston said, “With her extensive knowledge and experience in this industry, the appointment of Jenny is another significant step in Casbaa‘s efforts to increase awareness of the power of advertising on multichannel TV.”
Brands
Prataap Snacks posts Rs 1.14 crore Q4 profit, EBITDA up 319 per cent
Yellow Diamond maker posts turnaround with Rs 1.14 crore profit, 10 per cent dividend proposed
NEW DELHI: Prataap Snacks Limited has staged a sharp turnaround in the fourth quarter of FY26, reporting a 319 per cent surge in operating EBITDA and a return to profitability after a challenging previous year.
The Indore-based company, known for brands such as Yellow Diamond and Avadh, posted income from operations of Rs 420.18 crore for Q4 FY26, marking a 5 per cent year-on-year rise. Operating EBITDA climbed to Rs 20.59 crore, while margins stood at 4.9 per cent.
Most notably, the company reported a profit after tax of Rs 1.14 crore for the quarter, reversing a loss of Rs 11.94 crore in the same period last year. Diluted earnings per share improved to Rs 0.48 from a negative Rs 5.00 earlier, signalling a steady recovery in performance.
For the full financial year, consolidated income rose 1 per cent to Rs 1,724.65 crore. Annual operating EBITDA grew 68 per cent to Rs 81.81 crore, while the company posted a net profit of Rs 9.72 crore, compared to a loss of Rs 34.27 crore in FY25.
Reflecting this improved performance, the board has recommended a dividend of 10 per cent, equivalent to Rs 0.50 per share on a face value of Rs 5.
Prataap Snacks Limited managing director Amit Kumat said the recovery was driven by sharper execution and data-led decision-making, including the use of Sales Force Automation analytics. The company also expanded its distribution network to over 5,000 distributors and strengthened its presence on quick commerce platforms.
Looking ahead, the company expects double-digit revenue growth in FY27, though it remains cautious about inflationary pressures on key inputs such as packaging materials and edible oil. Management plans to offset these through tighter cost controls and calibrated pricing strategies.
With profitability back on track and operations stabilising, Prataap Snacks appears to be regaining its footing in an increasingly competitive packaged foods market.
