Brands
Weddingz.in witnesses 480% revenue growth 12 months post OYO acquisition
MUMBAI: One of India’s largest wedding companies, Weddingz.in, recently announced its rapid expansion and growth in India. A year after its acquisition by OYO Hotels & Homes, Weddingz.in has witnessed 480 per cent growth in revenue.
Backed by OYO’s operational capabilities, a unique offering of providing hassle-free wedding experience and 1500+ talented employees, Weddingz.in has become a household name for a great wedding experience. Weddingz.in has witnessed 636 per cent growth in bookings since August 2018 and enjoys high customer delight.
Commenting on the growth, Weddingz.in CEO Sandeep Lodha said, “Weddingz.in was founded with the mission of adding value to the wedding planning experience of people and making it entirely hassle-free on a single platform. Weddingz.in a unique offering that guarantees a great event with thorough pre and event day checks, offers a one-stop-shop for all wedding services and ensures 100 per cent transparency with everything documented. In a span of 12 months, we have scaled great heights and expanded our presence witnessing 480 per cent growth in revenue. Since joining forces with OYO, we have witnessed dramatic growth in supply, which is one of our key drivers to growth. Today, our full inventory venues are managing over 3500 beautiful events, end to end, per month. We plan to tap the enormous opportunity the wedding industry offers and expand in India while being committed to our mission of simplifying wedding planning for Indians and adding value to our venues and partners.”
Weddingz.in currently has 750+ venues present in 30+ cities which are completely managed by Weddingz.in. These venues offer the customer the ‘guarantee’ of a great event without any hassles or last-minute chaos. Weddingz also offers customers a one-stop solution for all their needs as post venue booking, they can book decor, photographers, makeup artists and more guided by a dedicated wedding planner, all at guaranteed best prices. Weddingz.in also has the largest reach and the highest engagement rates on social media in the wedding space globally on Instagram with 1.4 million+ followers.
Brands
Jio Financial Services posts Rs 1,560 crore FY26 profit
Revenue rises to Rs 3,513 crore as investments and lending scale up.
MUMBAI: If money makes the world go round, Jio Financial Services Limited is quietly spinning a much bigger wheel. The Reliance-backed financial arm reported a consolidated net profit of Rs 1,560.9 crore for FY26, slightly lower than Rs 1,612.6 crore in FY25, even as revenue growth gathered pace.
Total revenue from operations rose sharply to Rs 3,513.3 crore in FY26 from Rs 2,042.9 crore a year earlier, driven largely by a surge in interest income, which more than doubled to Rs 1,901.9 crore from Rs 852.5 crore. Fee and commission income also saw a significant jump to Rs 597 crore, compared to Rs 155.2 crore in FY25, reflecting expanding financial services activity.
For the March quarter, profit stood at Rs 272.2 crore, broadly flat compared to Rs 269 crore in the same period last year. Quarterly revenue from operations climbed to Rs 1,018.5 crore, up from Rs 493.2 crore year-on-year, signalling steady momentum in core income streams.
Expenses, however, moved in tandem with growth. Total costs nearly quadrupled to Rs 1,982.9 crore in FY26 from Rs 524.8 crore in FY25, with finance costs alone rising to Rs 745.1 crore from just Rs 7.7 crore a year earlier, reflecting increased borrowing and scale of operations. Employee expenses also grew to Rs 387.3 crore, while other expenses expanded to Rs 755 crore.
Profit before tax stood at Rs 1,911.7 crore for the year, slightly below Rs 1,946.9 crore in FY25. After accounting for a total tax outgo of Rs 350.8 crore, the company reported its final net profit figure.
Beyond the income statement, the balance sheet tells a story of rapid expansion. Total assets surged to Rs 1,63,497 crore as of March 31, 2026, up from Rs 1,33,510 crore a year earlier. Investments alone stood at Rs 1,33,088.7 crore, underscoring the company’s strong focus on treasury and financial asset growth.
However, the year also saw sharp volatility in other comprehensive income, which swung to a loss of Rs 16,028.3 crore, largely driven by fair value changes in equity instruments. This dragged total comprehensive income for FY26 to a negative Rs 15,756.1 crore, compared to a positive Rs 14,870 crore in FY25.
On the capital front, the company’s paid-up equity share capital remained steady at Rs 6,353.1 crore, with other equity rising to Rs 1,27,500.5 crore.
The numbers reflect a business in transition scaling rapidly across lending, investments and fee-based services, but also navigating the volatility that comes with mark-to-market movements in financial assets. In other words, while the top line is accelerating, the fine print still carries a few swings.
