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Locks & Architectural Solutions unveils the Godrej Advantis GSL D1

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MUMBAI: Locks & Architectural Solutions, a business of the Godrej Enterprises Group, a pioneer in the home safety and architectural solutions segment, today announced the pan-India launch of its latest hi-tech innovation, the Advantis GSL D1 smart door lock. Designed and made in India for the world, the Advantis GSL D1 is a breakthrough in modern home safety that blends aesthetic elegance with cutting-edge smart access technology & accessibility.

With price starting at Rs18,499/-Positioned as India’s most advanced digital lock for modern households, the GSL D1 has been engineered to meet evolving urban lifestyle needs, combining design sophistication & accessibility with multi-layered digital protection.

Locks & Architectural Solutions, Godrej Enterprises Group business head – Locks & Architectural Solutions, Shyam Motwani said, “With Advantis GSL D1, we are redefining what modern home safety looks like. It’s not just about keeping your home safe, it’s about doing it with style, intelligence and simplicity. This launch marks a significant leap in smart home safety solutions for the Indian market, reinforcing our commitment to ‘Make in India, for the world”

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Key Features That Define the GSL D1 Advantage:

●    Mobile NFC: Hassle-free access without keys or cards
●    Remote Operation Over Wi-Fi: Unlock and monitor your door from anywhere in the world.
●    Mobile Bluetooth: Access doors via Bluetooth using the Godrej Smart Locks App.
●    Biometric Security: Fingerprint-based access for advanced protection.
●    PIN Code Access: Create complex, nearly unbreakable passwords using scrambled codes.
●    RFID Card: Encrypted access cards to prevent duplication and ensure added safety. Simple to use, perfect for elderly family members.
●    Mechanical Key Override: High-grade mechanical fallback using EXS technology.
●    VDP Integration: Enhanced compatibility with video door phones for added convenience.

Now available in two sleek finishes — Rose Gold and Black, the GSL D1 also features Emergency Type-C USB charging, free installation, and a 3-year warranty.

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The Advantis GSL D1 will be available in 350 + multi-brand home improvement stores across Gujarat. The product will also be available through major e-commerce platforms, ensuring rapid doorstep availability in urban metros.

As part of its larger vision, Locks & Architectural Solutions is continually innovating in the space of architecture and home safety, blending craftsmanship with intelligent smart home solutions. With the GSL D1, the company reiterates its promise of offering secure, stylish, and smart access solutions for the evolving Indian home.

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Jio Financial Services posts Rs 1,560 crore FY26 profit

Revenue rises to Rs 3,513 crore as investments and lending scale up.

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MUMBAI: If money makes the world go round, Jio Financial Services Limited is quietly spinning a much bigger wheel. The Reliance-backed financial arm reported a consolidated net profit of Rs 1,560.9 crore for FY26, slightly lower than Rs 1,612.6 crore in FY25, even as revenue growth gathered pace.

Total revenue from operations rose sharply to Rs 3,513.3 crore in FY26 from Rs 2,042.9 crore a year earlier, driven largely by a surge in interest income, which more than doubled to Rs 1,901.9 crore from Rs 852.5 crore. Fee and commission income also saw a significant jump to Rs 597 crore, compared to Rs 155.2 crore in FY25, reflecting expanding financial services activity.

For the March quarter, profit stood at Rs 272.2 crore, broadly flat compared to Rs 269 crore in the same period last year. Quarterly revenue from operations climbed to Rs 1,018.5 crore, up from Rs 493.2 crore year-on-year, signalling steady momentum in core income streams.

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Expenses, however, moved in tandem with growth. Total costs nearly quadrupled to Rs 1,982.9 crore in FY26 from Rs 524.8 crore in FY25, with finance costs alone rising to Rs 745.1 crore from just Rs 7.7 crore a year earlier, reflecting increased borrowing and scale of operations. Employee expenses also grew to Rs 387.3 crore, while other expenses expanded to Rs 755 crore.

Profit before tax stood at Rs 1,911.7 crore for the year, slightly below Rs 1,946.9 crore in FY25. After accounting for a total tax outgo of Rs 350.8 crore, the company reported its final net profit figure.

Beyond the income statement, the balance sheet tells a story of rapid expansion. Total assets surged to Rs 1,63,497 crore as of March 31, 2026, up from Rs 1,33,510 crore a year earlier. Investments alone stood at Rs 1,33,088.7 crore, underscoring the company’s strong focus on treasury and financial asset growth.

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However, the year also saw sharp volatility in other comprehensive income, which swung to a loss of Rs 16,028.3 crore, largely driven by fair value changes in equity instruments. This dragged total comprehensive income for FY26 to a negative Rs 15,756.1 crore, compared to a positive Rs 14,870 crore in FY25.

On the capital front, the company’s paid-up equity share capital remained steady at Rs 6,353.1 crore, with other equity rising to Rs 1,27,500.5 crore.

The numbers reflect a business in transition scaling rapidly across lending, investments and fee-based services, but also navigating the volatility that comes with mark-to-market movements in financial assets. In other words, while the top line is accelerating, the fine print still carries a few swings.

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