Brands
Stanley Lifestyles appoints Venkat Gorti as joint managing director
MUMBAI : Stanley Lifestyles has tapped Venkat Gorti as joint managing director, betting on a seasoned global operator to sharpen execution and steer its next phase of growth.
Gorti joins the Bengaluru-based luxury furniture maker with more than three decades of leadership experience across manufacturing, technology and supply-chain–led businesses. Known for blending strategy with rigour on the factory floor, he has built a reputation for transforming complex operations into profitable, scalable engines.
At Stanley Lifestyles, Gorti will focus on tightening manufacturing excellence, securing the supply chain through deeper vertical integration and pushing digitalisation to deliver consistent customer delight. Expansion, including potential mergers, acquisitions or divestments, will also be firmly on the agenda as the company balances long-term brand building with the demands of the public markets.
Founder of Stanley Lifestyles, Sunil Suresh, added that Gorti’s global exposure and people-led style equip him to lead the company’s next chapter, marrying scale with luxury ambition.
A mechanical engineer and EGMP alumnus from IIM Bangalore, Gorti has held senior roles at ABB, Oracle, GE, Flextronics, Wipro Hydraulics, Honeywell and Homag, with assignments spanning the Middle East, Europe, the Americas and Asia. His career cuts across electricals, electronics, aerospace, hydraulics and woodworking, giving him a rare, cross-industry lens.
Recognised among Asia’s top 100 inspirational leaders in 2022 and former chairperson of the Furniture Fittings Skill Council, Gorti arrives as Stanley Lifestyles accelerates its retail and manufacturing ambitions.
The message from the boardroom is clear: Indian luxury furniture wants to think bigger, move faster and play on a global stage.
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.
