Brands
Shoppers Stop names Sandeep Jabbal as customer care associate and CDTIO
Mumbai: Shoppers Stop has announced Sandeep Jabbal as customer care associate and chief digital transformation and information officer (CDTIO) with effect from 23 May 2022, according to a company statement.
He will be responsible for providing strong leadership and support in digital transformation initiatives led by the brand.
Jabbal has more than 18 years of extensive experience in developing IT strategies and designing & delivering the IT roadmap for large organisations with a focus on digital transformation for enhancing customer experience. Jabbal’s expertise lies in Strategic IT Leadership, IT Operations, Program Management and Digital Transformation.
Prior to joining Shoppers Stop, Jabbal has served as vice-president-IT at Jubilant Foodworks and as Head of IT at Marks & Spencer Reliance India. He has also worked as a project manager with Birlasoft and has delivered large IT projects in diversified domains including FMCG, retail, finance and manufacturing, in his earlier stint.
An alumnus of Symbiosis Institute of Business Management, Pune, he also holds a degree in mechanical engineering from Visvesvaraya National Institute Of Technology (VNIT), Nagpur.
Speaking on the appointment, Shoppers Stop managing director and chief executive officer Venu Nair said, “Digitalisation is reinventing businesses and capturing unique competitive advantages. Today, digital transformation is not an option; it is necessary to escape the comfort zone, reinvent and compete in this world overrun by technological advances. We need to offer best in class experience for our customers and stakeholders.”
“Technology plays a critical role in driving business and building brand authority. With digital strategy as our core focus and its importance for our organisation, we are confident that Sandeep Jabbal is the right fit in helping us achieve this transformation,” he further said.
Sandeep Jabbal added, “I am honoured to join Shoppers Stop at this exciting stage in their digital transformation journey. The brand has truly evolved with the changing consumer dynamics! The retail industry is gearing up with hi-tech advancements and Shoppers Stop is leading the change with its distinct offerings and consumer-friendly digital platforms. I am happy to be a part of this glorious journey and looking forward to working with the stellar team.”
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.
