Brands
Big FM storms into real estate with Rs 1,200 crore flagship bet
Radio network targets Rs 3,500–4,000 crore in three years as it pivots from airwaves to acres
Lucknow: Big FM is tuning into a new frequency. The radio network owned by Reliance Broadcast Network Limited has stormed into real estate, unveiling Big FM Realty with a swaggering Rs 3,500–4,000 crore revenue target over the next three years.
The opening gambit is bold. The company has snapped up 80 acres on the Lucknow–Bahraich Road in Uttar Pradesh for a flagship mixed-use township expected to rake in Rs 1,200 crore.
The bet rests on asphalt and ambition. The four-laning of NH-927 is set to slash travel time between Lucknow and Bahraich from nearly two hours to about one, tightening links to the Nepal border and fuelling commercial momentum. Bahraich, long overlooked, is now pitched as an emerging growth corridor with rising appetite for modern homes and retail space.
A spokesperson for Big FM Realty called the move “a defining chapter in our journey of growth and transformation”.
“The launch of Big FM Realty marks a defining chapter in our journey of growth and transformation. Having built a strong national identity rooted in trust, authenticity and scale through our media heritage, we are now extending that same commitment to excellence into real estate. We aim to deliver thoughtfully designed, high-quality developments that blend innovation with practicality, ensuring lasting financial and lifestyle benefits for our customers. Bahraich, with its promising growth developments and strategic location, represents an exciting high-potential opportunity, and this project serves as the strong foundation for our wider vision in shaping modern urban living across India.”
The masterplan promises more than plots. The township will weave together premium plotted development, group housing, commercial and retail spaces, pitched as an integrated lifestyle destination with green landscapes, smart infrastructure and sustainable planning aimed at middle-class and upwardly mobile buyers.
Big FM is no small player. The network spans 58 stations across 23 states, reaching over 34 crore listeners in more than 1,900 towns and 1.2 lakh villages. Nearly two decades of brand-building in audio, it hopes, will translate into trust on the ground.
From commanding the airwaves to carving up land banks, Big FM is wagering that credibility can be converted into concrete. The microphone is down; the earthmovers are warming up.
Brands
Prataap Snacks posts Rs 1.14 crore Q4 profit, EBITDA up 319 per cent
Yellow Diamond maker posts turnaround with Rs 1.14 crore profit, 10 per cent dividend proposed
NEW DELHI: Prataap Snacks Limited has staged a sharp turnaround in the fourth quarter of FY26, reporting a 319 per cent surge in operating EBITDA and a return to profitability after a challenging previous year.
The Indore-based company, known for brands such as Yellow Diamond and Avadh, posted income from operations of Rs 420.18 crore for Q4 FY26, marking a 5 per cent year-on-year rise. Operating EBITDA climbed to Rs 20.59 crore, while margins stood at 4.9 per cent.
Most notably, the company reported a profit after tax of Rs 1.14 crore for the quarter, reversing a loss of Rs 11.94 crore in the same period last year. Diluted earnings per share improved to Rs 0.48 from a negative Rs 5.00 earlier, signalling a steady recovery in performance.
For the full financial year, consolidated income rose 1 per cent to Rs 1,724.65 crore. Annual operating EBITDA grew 68 per cent to Rs 81.81 crore, while the company posted a net profit of Rs 9.72 crore, compared to a loss of Rs 34.27 crore in FY25.
Reflecting this improved performance, the board has recommended a dividend of 10 per cent, equivalent to Rs 0.50 per share on a face value of Rs 5.
Prataap Snacks Limited managing director Amit Kumat said the recovery was driven by sharper execution and data-led decision-making, including the use of Sales Force Automation analytics. The company also expanded its distribution network to over 5,000 distributors and strengthened its presence on quick commerce platforms.
Looking ahead, the company expects double-digit revenue growth in FY27, though it remains cautious about inflationary pressures on key inputs such as packaging materials and edible oil. Management plans to offset these through tighter cost controls and calibrated pricing strategies.
With profitability back on track and operations stabilising, Prataap Snacks appears to be regaining its footing in an increasingly competitive packaged foods market.
