Brands
Mahindra Reva to launch digital & print campaign ‘Goodbye Fuel, Hello Electric’
BENGALURU: Mahindra Reva Electric Vehicles (Reva) will be launching a digital and print campaign ‘Goodbye Fuel, Hello Electric’ to drive home the message for a programme that enables an easy and simple ownership of its automatic electric car, the e2o. Since the company wants to target the major cities initially, radio campaigning is being mulled over as well, as in Bengaluru it has already used the medium.
“Since there is very little time left in this fiscal, we have not yet allotted anything specific for the campaign during this financial year,” said Reva Chief Executive Officer Chetan Maini. “For this year, the budgets may not be substantial,” added Maini.
Speaking at the launch of the programme in Bengaluru yesterday, Maini said, “Customers have greatly appreciated our automatic, connected and future ready e2o. Today by launching our ‘Goodbye Fuel, Hello Electric’ programme we have made it much more affordable to own an e2o. This first of its kind initiative, guarantees customers’ battery performance coupled with inflation proof running costs. We firmly believe this ownership experience will set a milestone in the way people perceive and own electric vehicles in the country.”
Creative duties for the Reva are handled by Strawberry Frog.
Brands
Angel One Q4 profit surges 83 per cent to Rs 320cr
year net profit dips 22 per cent to Rs 915cr as revenue softens slightly to Rs 5,137cr.
MUMBAI: Angel One has just earned its wings in style delivering a blockbuster Q4 that proves the brokerage giant is still flying high even in a cautious market. Standalone revenue from operations for the three months ended 31 March 2026 rose sharply to Rs 1,459cr, up from Rs 1,056cr a year ago. Total income stood at Rs 1,467cr. After all expenses, profit before tax came in at Rs 440cr, while net profit for the quarter surged 83 per cent to Rs 320cr (versus Rs 175cr last year). Basic EPS stood at Rs 3.52 and diluted at Rs 3.44.
For the full year ended 31 March 2026, revenue from operations was Rs 5,137cr compared with Rs 5,238cr in FY25. Total income reached Rs 5,152cr. Profit before tax was Rs 1,272cr, and net profit came in at Rs 915cr (down from Rs 1,172cr). Basic EPS was Rs 10.09 (from Rs 13.00) and diluted Rs 9.85 (from Rs 12.68).
Total comprehensive income for the quarter stood at Rs 321cr, while the full-year figure was Rs 913cr.
The strong quarterly performance reflects robust growth in interest income (Rs 455cr) and fees & commission (Rs 1,000cr), even as the full-year numbers moderated amid a softer overall environment. Finance costs rose to Rs 134cr in Q4 (full year Rs 437cr), while employee benefits stood at Rs 244cr for the quarter (full year Rs 1,067cr).
In a year when many brokers felt the pinch of muted market activity, Angel One has delivered a sparkling Q4 that shows its core broking engine is firing on all cylinders. With the books now closed on FY26, the Mumbai-based player has once again demonstrated that consistent execution and a sharp focus on retail participation continue to pay rich dividends in India’s booming capital markets.
