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Vivek Abrol named MD and CEO of Luminous Power Technologies
Gurgaon: Luminous Power Technologies has tapped Vivek Abrol as managing director and chief executive, signalling a sharper, more aggressive push into consumer energy, solar and sustainable solutions.
Abrol brings over 25 years of leadership experience across FMCG, consumer electricals and energy-led businesses. Most recently, he served as chief executive officer of RR Kabel’s consumer business (FMEG), where he led a multi-year transformation to scale the consumer electricals portfolio through a mix of organic growth and inorganic expansion. He was instrumental in the acquisition of Luminous from Schneider Electric and its integration into a promoter- and private equity–driven Indian business, unlocking operational and portfolio synergies. Abrol also played a key role in delivering RR Kabel’s successful IPO.
At Luminous, his mandate includes strengthening the company’s core consumer energy franchise, accelerating its solar and sustainable energy portfolio, and advancing its evolution into an integrated consumer energy fulfilment platform. Innovation, digital transformation and building a future-ready, high-performance organisation will be central to the role.
Before RR Kabel, Abrol was business head at Pidilite Industries, where he led the consumer business (ASF), scaling growth ahead of industry trends while sustaining category leadership. He has also served as chief executive of a private equity-backed FMCG foods business, overseeing diverse categories and end-to-end operations.
A significant part of Abrol’s career was spent at ITC, where he held senior leadership roles across sales, marketing and supply chain over more than 15 years. His experience spans national sales leadership, regional sales management, supply chain transformation, and brand-building roles, including shaping the Mangaldeep agarbatti franchise. He began his career in manufacturing with the Cadbury Schweppes Bottling Group.
Luminous also confirmed that Preeti Bajaj, who steered the company through a key growth phase, will move to Schneider Electric to lead its global home solutions division.
As consumer energy pivots towards decentralisation, digitisation and sustainability, Luminous is betting on execution over rhetoric. Abrol’s appointment signals an intent to move faster, integrate deeper and compete harder in a market that is no longer waiting.
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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.
