Brands
Almonds Ai, EROS Group Partner to Improve Retail Execution with Insights Ai
Partnership aims to turn field data into real-time insights for sharper decisions
MUMBAI: Almonds Ai has partnered with EROS Group to sharpen retail execution on the ground, rolling out its Insights Ai to bring real-time visibility into field operations.
The collaboration is designed to replace delayed reporting with instant, actionable insights. With Insights Ai now in play, EROS Group will be able to track attendance, monitor sales performance, conduct inventory checks, run merchandising audits, and even keep tabs on competitors, all in real time.
At its core, the platform turns everyday field data into meaningful intelligence. That means store-level teams and leadership can spot gaps faster, fine-tune execution, and align strategy with what is actually happening on the shop floor, not what was reported days later.
By digitising field operations, the partnership nudges retail teams away from passive reporting towards a more proactive, insight-led approach. In fast-moving retail environments, that shift can make the difference between reacting late and acting early.
Speaking on the collaboration, Almonds Ai (Middle East) director Ramdas Rajamani said, “Retail success is often decided far away from boardrooms. It happens in stores, on shelves, and through the daily actions of field teams. The real challenge is not the lack of data, but the lack of clarity. With Insights Ai, we are turning execution into a real-time intelligence engine.”
He added that when brands gain clear visibility into product presence and competitive activity, they move from reacting to anticipating, making smarter and faster decisions on the ground.
For EROS Group, the move is expected to strengthen operational efficiency across retail touchpoints, ensuring teams stay aligned and responsive to changing market conditions.
As more companies look to simplify and smarten distributed retail operations, tools like Insights Ai are steadily turning field execution into something far more measurable, predictable, and, importantly, actionable.
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.
