Brands
Sindhu face of Kite ’17 festival
MUMBAI: Kite flying is a favourite amusement in many countries and India too. Usually, Kites fly with strings. However, in the Kite 2017, Telangana State’s 2nd International Kite Festival, which will be held from 12 – 17 January in Hyderabad, is going to introduce ‘Remote controlled kites’ which will be flown for the first time in India.
PV Sindhu, Telangana state icon, first Indian woman to win an Olympics silver medal will be the face of the festival.
Remote controlled kite flying is something revolutionary that has not been witnessed much in India. The joy of remote control kite flying offers altogether a new experience; first time to Indians disclosed Aga Khan Academy head Geoffrey Fisher. These kites will fly at a special night flying curtain raiser event at People’s Plaza in Hyderabad on Thursday.
“This is something revolutionary—the joy of remote controlled kite flying offers a new experience altogether for Indians, as they are not dependent on wind but instead use propellers powered by rechargeable batteries,” Fisher disclosed.
KITE 2017 festival is organised for the cause of women’s empowerment through girl child education. It aims to raise the tourism profile and rich cultural heritage of Hyderabad as a ‘hidden jewel’ of India by attracting renowned international kite flyers from 16 countries and 10 pan Indian clubs to Telangana State.
International teams from 17 countries and 10 pan-Indian kite flying clubs to provide electrifying demonstrations throughout the week.
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.
