AD Agencies
Sunil Lulla will bring in a new dimension in our offering to clients: Nirvik Singh
When indiantelevision.com wrote about Sunil Lulla taking up a leadership position in Grey India, it did surprise many in the industry. Very few knew or recollected that Lulla’s roots have been in advertising: he was an account director at HTA (now JWT India) and had also taken the role of regional client servicing director on the Colgate Palmolive business with Y&R New York.
The announcement of his joining saw the departure of president & CEO Jishnu Sen. Lulla is taking over at Grey India at a time when it is in the midst of a grow-grow phase. On the global front, Grey was ranked as the agency of the year by adage.com for its revenue growth, client retention and the fact that it won almost all of the client pitches it made in 2013.
In India, Grey, the advertising network of the Grey Group, acquired a majority stake in rural and marketing communications services provider RC&M just as the year was drawing to a close.
It has done well on the awards front too, both in traditional and digital advertising. It can be noted that Grey India picked up a Gold Lion at the Cannes this year in the Press category for the work done for P&G’s Duracell Batteries.
Indiantelevision.com’s Priyanka Nair got in touch with Grey Group Asia Pacific CEO Nirvik Singh to chat with him about the leadership change in India, and what he expects going forward.
Excerpts:
With Sunil Lulla coming on board, what are the areas in which Grey India is looking at expanding?
We have been investing in India continually and with RC&M coming under our fold, I believe we have the right expertise and capabilities currently across the full marketing spectrum. Sunil Lulla would play a critical role in integrating and strengthening our offering.
In the 30 years of experience that Sunil Lulla has, he has been associated with the broadcast side of the business most. How do you think his expertise will help in the growth of Grey India?
With his 30 years of working experience, Sunil brings with him a wealth of knowledge from the media side of the business, not just broadcast. From our conversations, he has shown that he knows the heavily fragmented media landscape in South Asia in depth. By having him leading our operations in India, he is able to add a new dimension in our offering to our clients.
How has the year 2014 been so far for Grey India?
2014 has been really good for Grey Group, not just in India but across Asia Pacific as well. We are seeing clients in the market increasing their marketing spend with us, both regional and local clients. All in all, I expect India to be a really strong performer at year end. Malvika Mehra (National Creative Director) and team have been performing consistently as well – they have brought home yet another Gold Lion from the Cannes Lions International Festival of Creativity. This is their second year in a row they are doing so.
What are the plans lined up for the digital side of your business?
Sudhir Nair (Senior Vice President, Head of Grey Digital India) will be working closely with Sunil on this, but I must say our digital team has been stellar in their creative solutions and output (using Twitter to launch a car and YouTube for a test drive). Digital is definitely a big part of the picture and the continued investment in talent and capabilities is top of our priorities.
What is at top of your wish list for Grey India?
Win more Cannes Lions next year!
Till when will Jishnu Sen be with Grey India? Could you elaborate on the experience of working with him?
It has been a truly great journey – I have seen him grow into the CEO’s role and he is a great chap to work with.
AD Agencies
Publicis posts €4.19bn Q1 revenue, 6.4 per cent growth; backs FY outlook
Ad giant signals Q2 acceleration as AI and new deals power momentum
PARIS: Publicis Groupe continues to outperform the industry, delivering a strong start to 2026 under Chairman and CEO Arthur Sadoun. Despite a volatile global macro environment, the company has now outpaced the industry for nearly 20 consecutive quarters.
For Q1 2026, total revenue reached €4,191 million, up from €4,161 million last year, with organic growth of 6.4 per cent. Net revenue, which excludes pass-through costs, stood at €3,460 million, reflecting organic growth of 4.5 per cent.
Exchange rates had a negative impact of €268 million, mainly due to a weaker US dollar and pound sterling. Acquisitions, including Adge.AI and 160over90, contributed an additional €46 million.
Performance across regions was largely positive, with some variation:
- North America, accounting for 59 per cent of net revenue, grew 4.7 per cent
- Europe recorded growth of 3.9 per cent, led by the UK at 6.2 per cent, while France grew 1.6 per cent
- Asia Pacific posted 5.9 per cent growth, driven by China at 11.7 per cent
- Latin America grew 13.3 per cent
- Middle East and Africa declined 5.1 per cent due to geopolitical challenges
AI-powered marketing services, which now make up 86 per cent of the business, grew 5.6 per cent. However, the technology segment, representing 14 per cent of revenue, declined slightly as clients reduced spending on large-scale transformation projects.
Sharing his outlook, Publicis Groupe chairman and CEO Arthur Sadoun said, “Publicis had a very strong start to the year, outperforming the industry for almost 20 quarters in a row despite the volatile macro environment. Organic revenue growth reached 6.4%, leading to 4.5% in net and further increasing the gap with our peers.” He added that the company remains confident of delivering industry-leading performance. “We are confirming our industry-leading organic growth guidance of 4 to 5%, with the 4% rock solid, and a sequential organic growth acceleration in Q2 despite a higher comparable.”
Publicis continued its expansion with the acquisition of Adge.AI in March, followed by 160over90 in April to strengthen its sports and culture marketing capabilities.
Net financial debt stood at €1,156 million at the end of March, reflecting a seasonal shift from the net cash position at the end of 2025. Average net debt over the past twelve months was €1,035 million.
The company has reaffirmed its full-year guidance, expecting net revenue organic growth of 4 to 5 per cent in 2026. It also anticipates an operating margin slightly above 18.2 per cent and free cash flow of approximately €2.1 billion.
With expectations of stronger performance in the second quarter, Publicis remains well positioned to sustain its growth momentum.
