MAM
Minister Smriti Irani to be Marquees 2017 chief guest
MUMBAI: The Advertising Club announced that the Minister for Textiles and Information & Broadcasting Smriti Irani will be the chief guest of honour at the inaugural version of Marquees 2017.
The 63 years’ old The Advertising Club is the premier institution in the field of Advertising, Marketing and Media and is host to some of the industry’s biggest events like the EFFIES, EMVIES and ABBY’s. The inaugural edition of the Marquees, will be the Ad Club’s most prestigious award that honours brands & its custodians, who have excelled in today’s rapid evolving marketing landscape.
Judged by a panel of eminent people from the industry – consisting of Jury Chair, Sanjiv Mehta,‎CEO and Managing Director, Hindustan Unilever Limited and other jury members which included – Harsh Goenka, Chairman – RPG Enterprises, Naveen Chopra – Ex-COO, Vodafone & Senior Advisor – TPG Capital, Ronnie Screwvala, Co-Founder – UpGrad, Dilip Cherian, Founding Partner – Perfect Relations, Agnello Dias, Chairman & Founder – Taproot India & CVL Srinivas, CEO South Asia – GroupM.
The Marquees endeavours to evaluate and recognize success of brands by judging them basis the media mix strategy and other important factors like the pricing, distribution and the brand – consumer connect, underlining the impact of brand management on business.
Marquees 2017 will be held at a grand ceremony on 11 August at the Grand Hyatt Mumbai to be attended by CEOs CMOs, Agency heads and the stalwarts from the Advertising, Marketing & Media Industry.
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.
