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Parimal Kumar Shivendu steps up as executive director at Easebuzz
PUNE: Easebuzz has added fresh ballast to its leadership team, elevating Parimal Kumar Shivendu as executive director and welcoming him to its board of directors. The move sharpens the company’s focus on governance, regulatory rigour and long-term growth as India’s digital payments story gathers pace.
Shivendu brings more than 15 years of experience across financial regulation, public policy and fintech. A significant part of his career was spent at the Reserve Bank of India, where he worked on regulatory frameworks for fintech and digital financial services. At Easebuzz, he has already played a key role in shaping finance, risk and compliance functions while supporting the firm’s expanding platform and merchant base.
As a board member, Shivendu will help guide regulatory strategy, strengthen risk management practices and ensure Easebuzz scales in a steady and sustainable manner. His appointment underlines the company’s intent to build a payments business that is not just fast-growing, but also future-ready.
Commenting on his elevation, Shivendu said that as India’s digital finance ecosystem matures, the spotlight must move firmly towards strong governance and regulatory alignment. He added that Easebuzz sits at the right crossroads of innovation and responsibility, and he looks forward to contributing at the board level.
Easebuzz managing director and CEO Rohit Prasad, said Shivendu’s blend of regulatory insight and industry experience makes him a valuable addition to the board. He noted that Shivendu’s perspective will be vital as the company deepens its presence in the digital payments ecosystem while keeping governance front and centre.
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Bajaj Consumer Care FY26 profit rises to Rs 193.7 crore
Revenue climbs to Rs 1,092 crore as profit grows 49 per cent YoY
MUMBAI: Hair today, growth tomorrow Bajaj Consumer Care Limited seems to have found its shine again, posting a sharp jump in profitability even as it doubled down on brand spends and expansion. The company reported a net profit of Rs 193.7 crore for FY26, marking a strong 49 per cent rise from Rs 130.1 crore in FY25. Revenue from operations also grew to Rs 1,092.2 crore, up from Rs 942.8 crore a year earlier, signalling steady demand momentum across its portfolio.
For the March quarter, profit stood at Rs 64.1 crore, compared to Rs 31.5 crore in the corresponding period last year, while revenue rose to Rs 308.3 crore from Rs 243.5 crore.
The performance came despite a notable increase in spending. Advertising and sales promotion expenses climbed to Rs 168.3 crore in FY26, up from Rs 137.8 crore in FY25, reflecting continued investment in brand building. Other expenses also rose to Rs 151.3 crore from Rs 134.2 crore, indicating a broader push towards growth.
Operating efficiency, however, held firm. Profit before tax increased to Rs 234.8 crore in FY26 from Rs 157.7 crore a year earlier, supported by disciplined cost management across materials and inventory.
On the balance sheet, the company’s total assets expanded to Rs 959.1 crore as of March 31, 2026, compared to Rs 931.9 crore a year earlier. Other equity rose to Rs 780.3 crore, reinforcing a stronger financial base.
Cash flow from operations saw a significant uptick, reaching Rs 196.9 crore in FY26, nearly three times the Rs 67.9 crore recorded in FY25, highlighting improved working capital management.
However, the year also saw aggressive capital allocation. The company spent Rs 190.2 crore on share buybacks, contributing to a net cash outflow of Rs 196.5 crore from financing activities. Cash and cash equivalents stood at Rs 6.8 crore at the end of the year, down from Rs 25.6 crore.
Even as investments in subsidiaries and assets continued, the numbers suggest a company balancing growth ambitions with shareholder returns keeping one eye on expansion and the other on efficiency.
With margins improving and revenue steadily climbing, Bajaj Consumer Care appears to be combing through the competition with renewed confidence.
