MAM
Tata Neu ropes in Akash Banerji as head of content & entertainment vertical
Mumbai: The Tata Group has roped in Akash Banerji to lead the content and entertainment vertical of Tata Neu app. Tata Digital unveiled its much-anticipated super app Tata Neu earlier this week.
In this role, Banerji will oversee the entire content vertical, including P&L, product, content creation, and marketing at Tata Neu, as per media reports.
Banerji was previously leading marketing for Amazon’s mobile business vertical, having joined the organisation in August 2020.
Prior to Amazon, he worked with Viacom18’s OTT platform Voot. He was with Viacom18 for five years.
Banerji has more than eighteen years of experience in the technology, marketing, sales/distribution & P&L domains with consumer centric MNCs.
He served in multiple industries across digital video (Hotstar & Voot), e-commerce (Prime), Slsports (Star Sports) & entertainment (Star Plus) broadcast & CPG (Pepsi, Marico).
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.
