MAM
Snapdeal appoints Anand Chandrasekaran as chief product officer
MUMBAI: Online marketplace Snapdeal has appointed Anand Chandrasekaran as chief product officer.
Chandrasekaran most recently served as chief product officer at Bharti Airtel, where he was responsible for product conceptualization, design and delivery as well as driving strategic technology partnerships and product strategy.
Snapdeal co-founder Rohit Bansal said, “We are very excited to have Anand on-board. He comes with 15 years of rich experience in building world class products for at scale digital businesses. Snapdeal is in a phase of hyper growth and I believe under Anand’s leadership we will set new benchmarks for intuitive and highly engaging products not just within India but globally as well.”
Previously Chandrasekaran was with Yahoo, where he held roles of senior director of search products and member of search leadership as well as senior director for mobile.
Chandrasekaran added, “I am truly excited to be a part of the young and dynamic team at Snapdeal. The company’s vision to solve a real and existing challenge in the country – that of access for consumers and of reach for small and medium businesses is very inspiring. I look forward to working towards building a highly scalable, sustainable, innovative and future ready technology platform that will be seen as an example for others to emulate in the years to come.”
Prior to Yahoo, he worked with Openwave. Earlier, he co-founded Aeroprise Inc, which became the most-deployed solution worldwide for mobile service management, raised $7 million in funding and was later acquired by BMC Software.
Brands
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.
