Brands
Zodiac Clothing posts Rs 862.8 crore loss in June quarter
MUMBAI: Zodiac’s stars aren’t exactly aligned this season. Zodiac Clothing Company Limited stitched up higher revenues in Q1 FY26 but couldn’t keep the red off its books, posting a consolidated net loss of Rs 862.77 crore for the quarter ended 30 June 2025. That’s deeper than the Rs 764.20 crore loss in the March quarter, though slightly better than the Rs 942.34 crore loss a year earlier.
Revenue from operations edged up to Rs 3,902.78 crore from Rs 3,769.68 crore in Q1 FY25, boosted by steady sales momentum. Other income, however, more than halved year-on-year to Rs 224.75 crore from Rs 598.27 crore. Total income came in at Rs 4,127.53 crore, down from Rs 4,367.95 crore last year.
Expenses remained the fashion faux pas surging to Rs 4,971.89 crore. Raw material costs alone stood at Rs 1,408.38 crore, with employee benefits at Rs 1,170.24 crore, depreciation at Rs 534.91 crore, and finance costs climbing to Rs 237.89 crore. Other expenses, including marketing and overheads, were a hefty Rs 1,633.45 crore.
Margins told their own style story. Inventory changes shaved off Rs 61.57 crore from costs this quarter compared to a Rs 368.02 crore inventory drawdown last year. Still, the operating runway was too tight to avoid losses.
The company’s tax expense swung to Rs 18.41 crore from a credit of Rs 30.79 crore in March, leaving a bottom line firmly in negative territory. Basic and diluted earnings per share came in at a loss of Rs 3.32, against a Rs 3.63 loss per share last year.
On the balance sheet, equity capital held steady at Rs 2,599.37 crore, with other equity at Rs 15,366.02 crore. Comprehensive losses for the quarter stood at Rs 947.87 crore, factoring in an Rs 85.10 crore hit from other comprehensive income items, including swings in investment valuations and currency movements.
For now, Zodiac may have pulled in sales, but with costs outpacing the catwalk, the label’s financials are still very much in last season’s colours.
Brands
YFLO appoints Tania Nijhawan as president for 2026-27 term
Dentist-entrepreneur to lead women’s body amid rising focus on leadership
NEW DELHI: Young FICCI Ladies Organisation (YFLO), the women’s arm of FICCI, has appointed Tania Nijhawan as its president for the 2026-27 tenure, effective April 2026, at a time when conversations around women’s leadership in India are gaining fresh momentum.
A cosmetic and paediatric dentist with over 15 years of experience, Nijhawan is the founder of Udana Wellness, a multi-speciality clinic in Vasant Vihar known for its focus on advanced treatments and patient-centric care. She also serves as director at Nijhawan Group and is an active investor in start-ups across health, wellness and hospitality, including Nuts For Us.
Her academic credentials include advanced training from global institutions such as New York University, the University of Southern California and University College London, shaping her multidisciplinary approach across dentistry and wellness.
YFLO has long positioned itself as a platform for leadership, entrepreneurship and professional growth, bringing together women across industries to drive dialogue and collaboration. Under Nijhawan’s leadership, the organisation is expected to sharpen its focus on cross-sector engagement and meaningful, future-facing conversations.
Speaking on her appointment, Tania Nijhawan said, “YFLO has always stood for meaningful engagement and forward-thinking dialogue. I look forward to building a platform that not only encourages exchange of ideas but also actively supports emerging voices and creates opportunities for collaboration across sectors.”
She added, “The Women’s Reservation Bill, which seeks to reserve 33% of seats for women in the Lok Sabha and State Legislative Assemblies, is not just a policy shift, it is a generational opportunity. It acknowledges the urgent need for women to have a stronger voice in shaping the nation’s future. True progress lies not just in representation, but in enabling women to lead with agency, confidence and impact.”
As president, Nijhawan will focus on curated programming, high-impact industry conversations and initiatives that bring together women across disciplines. Her theme for the year, “Lead With Your Light,” signals a push towards purpose-led leadership and greater confidence among emerging voices.
Her appointment marks a new chapter for YFLO, one that aims to align leadership, enterprise and policy at a time when women’s voices are increasingly central to India’s growth story.
