MAM
Vandini Gupta named 1441 Pizzeria brand and business head
Mumbai: 1441 Pizzeria has announced the appointment of Vandini Gupta as brand and business head.
As the brand expands into new domains, this appointment comes as a crucial and strategic decision to lead the brand as a QSR available in every part of the country and give it a fresh and unique direction in the hospitality industry, the brand said in a statement.
Founder Krisha Gupta said that this announcement works as a great start for the brand’s newly launched ‘vegan pizza’ which was a “brilliant” initiative suggested by Vandini herself. “In the past two years, Vandini has been an active part of 1441 Pizzeria. Her instincts and passion for food are tremendous and we are thrilled to see our brand reach a much higher standard with her expertise. We are extremely excited for this new journey and looking forward to elevating the brand as a leader in the QSR in India,” Gupta added.
Vandini has experience in finance and has worked with luxury brands in India. She was previously associated with Morgan Stanley in London and Tano Capital in India. In addition, she also manages the French beauty brand – Mary Cohr and has also worked with the luxury brand – Truefitt & Hill.
Speaking on her new role, Vandini said, “Hospitality is largely intangible and the key to success in the F&B industry translates far deeper than just the transactional sense of filling in the tables and serving food. It is important to connect the brand with audiences and 1441 has achieved this with many successful collaborations and initiatives. Looking forward, one of the important aspects for us is to revolutionise the concept of pizzerias in India by reaching in every part of the country as a leader in QSR and introducing the audiences to truly authentic Italian pizzas in both dine-in and delivery formats.”
Brands
Motilal Oswal posts record PAT of Rs 2,360 crore in FY26
Q4 PAT at Rs 661 crore; AMC and wealth drive strong growth.
MUMBAI: Money may not grow on trees but at Motilal Oswal, it seems to be compounding rather nicely. Motilal Oswal Financial Services (MOFSL) reported its highest-ever quarterly and annual operating profit after tax (PAT), clocking Rs 661 crore in Q4FY26, up 25 per cent year-on-year, and Rs 2,360 crore for the full year, marking a 16 per cent rise. The performance was powered largely by its asset management and private wealth management businesses, both of which delivered strong growth across key metrics.
The asset management business, including alternates, saw Q4 PAT jump 63 per cent YoY to Rs 249 crore, while FY26 PAT rose 55 per cent to Rs 798 crore. Total assets under management (AUM) grew 32 per cent to Rs 1.76 lakh crore, led by a 31 per cent increase in mutual fund AUM and a sharp 104 per cent surge in private alternates. SIP inflows rose 78 per cent to Rs 16,479 crore, with a market share of 4.7 per cent.
Private wealth management also delivered steady gains, with Q4 PAT up 18 per cent YoY to Rs 88 crore and FY26 PAT rising 15 per cent to Rs 368 crore. Net flows grew 66 per cent in Q4 to Rs 5,535 crore and 41 per cent annually to Rs 20,154 crore, while AUM climbed 36 per cent to Rs 1.97 lakh crore.
In the wealth management segment, Q4 PAT increased 7 per cent to Rs 204 crore, although full-year PAT declined 7 per cent to Rs 727 crore. Brokerage revenue grew 33 per cent YoY in Q4, with average daily turnover market share at 9.2 per cent. The distribution book expanded 41 per cent to Rs 40,662 crore, while the loan book rose 32 per cent to Rs 6,094 crore.
The capital markets business reported Q4 PAT of Rs 75 crore, up 12 per cent YoY, and Rs 336 crore for FY26, up 30 per cent. The firm ranked first in QIP deals and second in IPO league tables during the year, covering 366 companies and serving over 900 institutional clients.
Housing finance posted strong momentum, with Q4 PAT rising 61 per cent YoY to Rs 59 crore and FY26 PAT up 22 per cent to Rs 159 crore. AUM grew 19 per cent to Rs 5,829 crore, supported by a $100 million fundraise from the Asian Development Bank.
Meanwhile, the treasury book grew 12 per cent YoY to Rs 9,403 crore, delivering an estimated 5 per cent alpha for FY26. However, total reported PAT, including other comprehensive income, stood lower at Rs 2,043 crore due to mark-to-market accounting impacts.
With a 10-year operating PAT CAGR of 33 per cent and an average return on equity of 23 per cent achieved without equity dilution MOFSL continues to lean on its annuity-driven businesses to build a more predictable earnings engine. In a market riding the twin waves of wealth creation and financialisation, the firm appears well-positioned to keep the compounding story going.
