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Sigachi taps Atul Dhavle as chief people officer to sharpen talent engine
HYDERABAD: Sigachi Industries has appointed Atul Dhavle as chief people officer, strengthening its top team as the pharma ingredients maker scales operations across products, plants and geographies.
Dhavle will work closely with the board and senior leadership to align human capital strategy with long-term growth priorities, overseeing leadership development, organisational design, governance frameworks and people processes. The mandate: build depth, coherence and resilience as Sigachi expands its manufacturing and global footprint.
Welcoming the appointment, deputy group CEO Lijo Chacko, said Dhavle’s experience in building scalable people systems across complex industrial environments would reinforce leadership strength and culture at the company.
Dhavle brings nearly three decades of experience in human capital leadership, spanning organisation design, talent development and large-scale transformation. He joins Sigachi from Granules India, where he served as chief human resources officer, leading people and capability initiatives across manufacturing, R&D and corporate functions.
His earlier stints include senior roles at Bharat Forge, Dr Reddy’s, DuPont Fibers and Mahindra, giving him deep exposure to multi-location, regulated and high-growth environments.
The appointment underscores Sigachi’s focus on institutionalising people capability as a core driver of sustainable growth, alongside scale, compliance and innovation.
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NDTV FY26 loss widens to Rs 323 crore, revenue rises
Q4 loss at Rs 98 crore; FY revenue climbs to Rs 540 crore
MUMBAI: NDTV’s numbers tell a tale where the top line is tuning up but the bottom line is still off-key. New Delhi Television Ltd reported a wider consolidated net loss of Rs 323 crore for FY2025–26, compared to a loss of Rs 218 crore in the previous year, even as revenue showed a steady uptick. Total income for the year rose to Rs 540 crore, up from Rs 472 crore in FY25, driven by higher revenue from operations at Rs 528 crore versus Rs 465 crore a year earlier. However, rising costs across production, marketing and employee expenses weighed heavily on profitability.
For the March quarter, the company posted a net loss of Rs 98.6 crore, compared to Rs 61.9 crore in the same period last year. Quarterly revenue stood at Rs 150.5 crore, up from Rs 128.2 crore year-on-year.
Expenses continued to outpace income. Full-year consolidated expenses surged to Rs 855 crore from Rs 689 crore, led by production costs of Rs 251 crore, employee expenses of Rs 185 crore and marketing spends of Rs 243 crore.
Loss before tax for FY26 came in at Rs 320.7 crore, widening from Rs 217.1 crore in FY25, underscoring persistent margin pressure despite revenue growth.
On the balance sheet front, total assets stood at Rs 704 crore at the end of March 2026, while borrowings both current and non-current remained significant, reflecting ongoing capital and operational requirements.
Cash flow trends offered a mixed picture. While financing activities generated Rs 283.6 crore during the year, operating cash outflows remained substantial at Rs 257.9 crore, highlighting continued strain in core operations.
The performance suggests that while NDTV is managing to grow its revenue base, the cost of keeping the broadcast running and expanding continues to outweigh the gains. In a business where eyeballs are everything, profitability, for now, remains a work in progress.
