Tag: Venky’

  • Venky’s hatches higher Q1 profits as poultry powers past feed cost squeeze

    Venky’s hatches higher Q1 profits as poultry powers past feed cost squeeze

    MUMBAI: In the corporate coop this quarter, Venky’s (India) Ltd has laid a golden egg. The poultry-to-oilseed giant reported a consolidated net profit of Rs 15.83 crore for the quarter ended 30 June 2025, up from Rs 15.78 crore a year ago, despite battling feed cost pressures and softer margins in its core poultry segment.

    Revenue from operations climbed 7.15 per cent year-on-year to Rs 865.83 crore, compared with Rs 808.02 crore in Q1 FY25. Total income stood at Rs 877.52 crore, buoyed by Rs 11.69 crore in other income.

    The company’s poultry and poultry products division remained the main profit roost, bringing in Rs 475.66 crore in sales, followed by oilseed at Rs 318.02 crore and animal health products at Rs 96.98 crore. Segment results showed poultry still feeling the heat with a loss of Rs 5.55 crore, while animal health (Rs 23.18 crore) and oilseed (Rs 10.05 crore) kept the ledger in the black.

    Expenses rose to Rs 855.75 crore from Rs 717.63 crore last year, driven by higher material costs (Rs 553.08 crore) and feedstock price volatility. Finance costs edged up to Rs 4.29 crore, while depreciation came in at Rs 9.21 crore.

    Earnings per share for the quarter stood at Rs 11.24, compared with Rs 11.24 in the previous quarter and Rs 9.44 a year earlier. On the balance sheet, total assets grew to Rs 2,09,115 lakh, while liabilities were steady at Rs 59,975 lakh.

    While the poultry flock faced headwinds, the diversified revenue mix helped Venky’s keep its Q1 nest egg intact proving that in this business, you can still rule the roost if you spread your wings wide enough.

  • ‘Times Are a-Changin’, says Modi at Colors’ GCF via live stream; US$ 3.4bn commitment received

    ‘Times Are a-Changin’, says Modi at Colors’ GCF via live stream; US$ 3.4bn commitment received

    MUMBAI: The Global Citizen Festival India, presented by Colors Viacom18 and Venky’s, called upon governments, and leaders, who made commitments to achieving the sustainable development goals. At the GCF took place for the first time at the MMRDA Grounds, Bandra-Kurla Complex, Mumbai, on 19 November.

    In all, 25 commitments and announcements were made by policymakers which will impact over 50 crore people with an investment of US$3.37 billion (INR 22,940 crore)

    Prime Minister Narendra Modi, via a live video stream, addressed the crowd before the English Music band Coldplay performed. Modi quoted lines from Nobel Laureate Bob Dylan’s iconic “The Times They Are a-Changin” to make a veiled reference to the political situation in the country in the backdrop of demonetisation. “I’m convinced we can and we will build a Swachh Bharat free of all forms of filth within one generation,” he said.

    HP committed to provide 48 mobile classrooms, investing US$3.6 million to result in 15 million people in rural areas of India getting access to quality education and technology over six years . Toilet Board Coalition committed US$ 15 million over three years to help 130 million people gain improved access to sanitation and hygiene. IDFC Bank committed to provide 200,000 micro finance loans for water and sanitation, worth INR 200 crore (US$29.4 million) to reach 450,000 people by the end of 2019.

    Other GCF partners included BookMyShow, Rishtey Cineplex, Voot and Radio Mirchi.

    In two months since the launch of the Global Citizen India movement, more than five lakh young Global Citizens in India took more than 20 lakh actions calling on political, faith and business leaders, along with celebrities, to be more accountable in their efforts to improve education, gender equality and water, sanitation and hygiene in India.

    Global Citizen CEO Hugh Evans said: “Tonight, we saw dozens of commitments that will impact the lives of 500m people.” Global Education and Leadership Foundation CEO Gowri Ishwaran said: “Today’s Global Citizen Festival India brought together 70,000 young people who made their voices heard by leaders from private industry, government, non-governmental, community and religious organisations on the issues that matter: Sanitation, Education and Gender Equality.”

    GENDER EQUALITY: Global Citizens took 518,000 actions in support of investing in girls and women to achieve gender equality. These efforts secured four commitments that are set to affect the lives of more than for two million women, including the International Finance Corporation Banking on Women Group committing USD$ 2 billion towards banking on women and promoting women entrepreneurship by end 2019. This includes a US$100 million investment in India.

    QUALITY EDUCATION: Global Citizens took 265,000 actions. In response, six commitments were secured, including HP committing to provide 48 mobile classrooms, investing US$3.6 million to result in 15 million people in rural areas of India getting access to quality education and technology over six years.

    WATER, SANITATION AND HYGIENE: Global Citizens took 651,000 actions, securing 11 commitments and announcements that are set to affect the lives of 486 million people

    GCF India, powered by UPL and NECC, was hosted by the Government of Maharashtra and produced by Wizcraft International. Other partners included: the United Nations, the Times of India Group, Google, Hindustan Unilever, Ola, Spykar, Make My Trip and Taj Group of Hotels.

  • ‘Times Are a-Changin’, says Modi at Colors’ GCF via live stream; US$ 3.4bn commitment received

    ‘Times Are a-Changin’, says Modi at Colors’ GCF via live stream; US$ 3.4bn commitment received

    MUMBAI: The Global Citizen Festival India, presented by Colors Viacom18 and Venky’s, called upon governments, and leaders, who made commitments to achieving the sustainable development goals. At the GCF took place for the first time at the MMRDA Grounds, Bandra-Kurla Complex, Mumbai, on 19 November.

    In all, 25 commitments and announcements were made by policymakers which will impact over 50 crore people with an investment of US$3.37 billion (INR 22,940 crore)

    Prime Minister Narendra Modi, via a live video stream, addressed the crowd before the English Music band Coldplay performed. Modi quoted lines from Nobel Laureate Bob Dylan’s iconic “The Times They Are a-Changin” to make a veiled reference to the political situation in the country in the backdrop of demonetisation. “I’m convinced we can and we will build a Swachh Bharat free of all forms of filth within one generation,” he said.

    HP committed to provide 48 mobile classrooms, investing US$3.6 million to result in 15 million people in rural areas of India getting access to quality education and technology over six years . Toilet Board Coalition committed US$ 15 million over three years to help 130 million people gain improved access to sanitation and hygiene. IDFC Bank committed to provide 200,000 micro finance loans for water and sanitation, worth INR 200 crore (US$29.4 million) to reach 450,000 people by the end of 2019.

    Other GCF partners included BookMyShow, Rishtey Cineplex, Voot and Radio Mirchi.

    In two months since the launch of the Global Citizen India movement, more than five lakh young Global Citizens in India took more than 20 lakh actions calling on political, faith and business leaders, along with celebrities, to be more accountable in their efforts to improve education, gender equality and water, sanitation and hygiene in India.

    Global Citizen CEO Hugh Evans said: “Tonight, we saw dozens of commitments that will impact the lives of 500m people.” Global Education and Leadership Foundation CEO Gowri Ishwaran said: “Today’s Global Citizen Festival India brought together 70,000 young people who made their voices heard by leaders from private industry, government, non-governmental, community and religious organisations on the issues that matter: Sanitation, Education and Gender Equality.”

    GENDER EQUALITY: Global Citizens took 518,000 actions in support of investing in girls and women to achieve gender equality. These efforts secured four commitments that are set to affect the lives of more than for two million women, including the International Finance Corporation Banking on Women Group committing USD$ 2 billion towards banking on women and promoting women entrepreneurship by end 2019. This includes a US$100 million investment in India.

    QUALITY EDUCATION: Global Citizens took 265,000 actions. In response, six commitments were secured, including HP committing to provide 48 mobile classrooms, investing US$3.6 million to result in 15 million people in rural areas of India getting access to quality education and technology over six years.

    WATER, SANITATION AND HYGIENE: Global Citizens took 651,000 actions, securing 11 commitments and announcements that are set to affect the lives of 486 million people

    GCF India, powered by UPL and NECC, was hosted by the Government of Maharashtra and produced by Wizcraft International. Other partners included: the United Nations, the Times of India Group, Google, Hindustan Unilever, Ola, Spykar, Make My Trip and Taj Group of Hotels.

  • TBWAIndia names R. Venkatraman ‘Venky’ as creative director

    TBWAIndia names R. Venkatraman ‘Venky’ as creative director

    MUMBAI: TBWA India has got on board R. Venkatraman (Venky) as creative director. In his new position, Venky will join the creative team in Mumbai, reporting to TBWA India chief creative officer Parixit Bhattacharya.

    With eight years experience in advertising, Venky has worked at Grey Worldwide, Creativeland Asia and BBH India. His brand experience includes Appy Fizz, Mango Frooti, LMN, Johnnie Walker, Red Bull, Kinetic Honda, Café Coffee Day, Gili Jewellery, Movies Now, Vaseline Men and Google.

    In recent years, Venky’s work was shortlisted at Cannes Lions and has won metal at ADFEST, Spikes Asia and GOAFEST. He also holds the accolade of Business World voting him as one of the ‘Top 5 Young Advertising Professionals’ in India.

    Commenting on the appointment, Bhattacharya said, “Venky has a stellar work ethic and a very matured head on his young shoulders. I am hoping that our rich roster of clients will nourish him with new opportunities to create an enviable body of work. Needless to say, by having him around, the laughter index of the agency will rise significantly too.”

    “My quest for work-type fun brings me to TBWA and I am very, very excited to be here,” Venky added. “Now it’s all about turning that excitement into work that will make a difference to the brands we nurture here.”