Brands
Kalki Fashion rises as India’s mid-luxury favourite
MUMBAI: India’s fashion scene is getting a stylish shake-up, and it is coming from the middle. As the country’s mid-luxury market surges, Kalki Fashion has carved out a front-row seat by offering couture-inspired craftsmanship without couture-level prices.
With India’s luxury market expected to touch 12.1 billion dollars by 2025, demand is booming among shoppers who want refined design, rich detailing and premium experiences at more attainable price points. New-age couples, in particular, are driving the trend as they look for bridal and occasion wear that blends grandeur with value.
Kalki Fashion has become one of the strongest forces powering this shift. Founded in 2007, the brand has built its identity on meticulous Indian craftsmanship paired with contemporary aesthetics. Its collections span bridal couture, festive wear, men’s occasion wear and Indo-western styles, all anchored in intricate embroidery, textured fabrics and modern silhouettes. The result is couture impact at accessible pricing.
The brand’s retail footprint mirrors the rise of mid-luxury across India. Kalki is present in key tier 1 and tier 2 cities including Mumbai, Delhi, Hyderabad, Ahmedabad, Bengaluru, Surat, Indore and Ludhiana. Demand has also grown globally, with a loyal customer base emerging across the United States, the United Kingdom, Canada, Australia and the Middle East.
By blending artisanal techniques with modern design at prices that widen access, Kalki Fashion has emerged as one of the most influential players shaping India’s fast-growing mid-luxury fashion landscape, both at home and across global South Asian communities.
Brands
Force Motors FY26 profit jumps to Rs 1,211 crore, revenue up
Q4 profit at Rs 274 crore, FY26 revenue rises to Rs 9,167 crore.
MUMBAI: Force Motors isn’t just driving growth, it’s shifting gears with intent. The company reported a sharp rise in profitability for FY2025–26, with net profit climbing to Rs 1,211 crore, up from Rs 429 crore in the previous year, signalling a strong expansion in earnings alongside steady operational performance. Revenue from operations for the year stood at Rs 9,057 crore, compared to Rs 8,071 crore in FY25, while total income rose to Rs 9,167 crore. The performance reflects both volume growth and improved operating leverage across its portfolio.
In the March quarter, Force Motors posted revenue of Rs 2,550 crore, up from Rs 2,356 crore in the same period last year. Net profit for Q4 came in at Rs 274 crore, compared to Rs 430 crore a year earlier, while profit before tax stood at Rs 373 crore.
On the cost front, total expenses for FY26 increased to Rs 7,863 crore from Rs 7,058 crore, driven by higher material costs of Rs 6,427 crore and employee expenses of Rs 686 crore. However, better cost absorption and operating efficiency helped expand margins.
Profit before tax for the full year rose to Rs 1,515 crore, compared to Rs 663 crore in FY25, aided in part by exceptional items amounting to Rs 211 crore.
The company’s earnings per share for FY26 stood at Rs 919.28, up sharply from Rs 326.07 in the previous year, underlining the scale of profit expansion.
The numbers reflect a year where growth was not just about selling more, but earning better driven by a sharper product mix, disciplined execution and improved cost structures. For Force Motors, FY26 appears less like a milestone and more like a statement of intent.
