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Indian retailer Shoppers Stop's Q1 sales rise 6%, apparel grows 9%
Indian retailer Shoppers Stop's Q1 sales rise 6%, apparel grows 9%

Fibre2Fashion

time19-07-2025

  • Business
  • Fibre2Fashion

Indian retailer Shoppers Stop's Q1 sales rise 6%, apparel grows 9%

Indian department store chain Shoppers Stop Limited has posted a robust performance in the first quarter (Q1) of fiscal 2025–26 (FY26) ended June 30, with GAAP sales rising 6 per cent year-over-year (YoY) to ₹1,094 crore (~$127 million) and non-GAAP sales reaching ₹1,336 crore. Apparel category registered a solid 9 per cent YoY growth in Q1 FY26. The company attributed this growth to ongoing premiumisation, operational efficiency, and strategic customer engagement through its loyalty and omnichannel initiatives. Shoppers Stop has reported strong Q1 FY26 results with GAAP sales up 6 per cent YoY to ₹1,094 crore (~$127 million). Apparel grew 9 per cent, while premium product sales rose to 67 per cent. Loyalty programme sales hit 85 per cent, driven by Black and Silver Card enrolments. EBITDA improved, losses narrowed, and store count reached 299. The company aims to boost digital, retention, and profitability. GAAP EBITDA climbed 21 per cent YoY to ₹176 crore (~$20.43 million), while non-GAAP EBITDA surged 68 per cent to ₹26 crore. The company's GAAP gross margin improved by 30 basis points (bps) to 40.9 per cent, demonstrating margin stability despite an inflationary environment. Losses narrowed with GAAP profit after tax (PAT) at ₹18 crore compared to a loss of ₹23 crore YoY, Shoppers Stop said in a press release. The premium product sales made up 67 per cent of overall sales, up 8 per cent YoY. The Intune value fashion chain also reported a two-fold increase in revenue to ₹68 crore, bolstered by four new store launches. Private brand sales stood at ₹156 crore, contributing 13 per cent to total sales and 18 per cent to apparel category revenue. The First Citizen loyalty programme continued to serve as a cornerstone of Shoppers Stop's growth strategy in Q1 FY26, contributing 85 per cent to overall sales and achieving a strong 70 per cent repeat purchase rate. Black Card members accounted for 19 per cent of total sales—an increase of 500 basis points (bps) year-over-year (YoY)—driven by a 44 per cent surge in sales and a record 31,000 new enrolments, marking a 68 per cent YoY rise. Silver Card enrolments also saw healthy growth, reaching 195,000, up 27 per cent from the previous year. Engagement initiatives such as the monthly First Citizen Select Days and the 'India Weds with Shoppers Stop' campaign drove loyalty performance, the latter generating ₹154 crore in sales (+46 per cent YoY) and drawing in 55,000 members. As of Q1 FY26, the company operates 299 stores, comprising 112 department stores, 82 beauty outlets, 75 Intune stores, and 20 airport locations. 'Consumers are becoming more discerning and are willing to spend more. In a crowded marketplace, premiumisation allows retailers to stand out. The company plans to strengthen its digital capabilities, enhance customer retention, and leverage macroeconomic tailwinds such as a favourable monsoon and tax relief. Strategic capital allocation and inventory optimisation remain in focus to drive profitable growth,' said Kavindra Mishra, MD and CEO at Shoppers Stop Ltd. Fibre2Fashion News Desk (SG)

CellTrust Launches SL2 for Intune on Microsoft Azure Marketplace to Enhance Mobile Communication Compliance
CellTrust Launches SL2 for Intune on Microsoft Azure Marketplace to Enhance Mobile Communication Compliance

Yahoo

time19-07-2025

  • Business
  • Yahoo

CellTrust Launches SL2 for Intune on Microsoft Azure Marketplace to Enhance Mobile Communication Compliance

Microsoft Corporation (NASDAQ:MSFT) is one of the best US stocks to buy according to Billionaires. On July 14, CellTrust announced the availability of its SL2 for Intune solution in the Microsoft Azure Marketplace. This integration supports mobile communication security and compliance for enterprises, particularly those in regulated industries. CellTrust SL2 is a mobile platform designed to help organizations meet recordkeeping requirements by automatically capturing SMS, chat, and WhatsApp communications. Its integration with Microsoft Intune enhances security and manageability features within the Azure cloud platform. This offers increased endpoint security, Enterprise App Management, and Endpoint Privilege Management. CellTrust SL2 for Intune was developed within Microsoft Azure and uses several Microsoft products, such as Microsoft Defender for Cloud, Microsoft Sentinel, and Microsoft Entra ID. Pixabay/Public Domain This integration brings mobile data capture for SMS/text, images, files, WhatsApp, and optional voice, all archived for retention and eDiscovery. It also provides a dedicated Mobile Business Number to separate personal and work data, supporting Bring Your Own Device/BYOD, Choose Your Own Device/CYOD, and Corporate-Owned, Personally-Enabled/COPE models while protecting employee privacy. Microsoft Corporation (NASDAQ:MSFT) develops and supports software, services, devices, and solutions worldwide. While we acknowledge the potential of MSFT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey.

CellTrust SL2 for Microsoft Intune Now Available in the Microsoft Azure Marketplace
CellTrust SL2 for Microsoft Intune Now Available in the Microsoft Azure Marketplace

Business Wire

time14-07-2025

  • Business
  • Business Wire

CellTrust SL2 for Microsoft Intune Now Available in the Microsoft Azure Marketplace

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- CellTrust today announced the availability of SL2™ for Intune in the Microsoft Azure Marketplace, an online market for buying and selling cloud solutions certified to run on Azure. The Azure Marketplace helps connect companies seeking innovative, cloud-based solutions with partners who have developed solutions that are ready to use. 'CellTrust is excited to bring SL2 for Intune to the Microsoft Azure Marketplace,' said Sean Moshir, Chairman and CEO. 'Together, we are significantly enhancing mobile communication security for the enterprise." Share SL2 is a mobile platform that helps organizations in regulated industries meet their recordkeeping requirements by automatically capturing their SMS, Chat, and WhatsApp communications. Integrating with Microsoft Intune enhances security and manageability features within the productive and trusted Azure cloud platform with increased endpoint security, Enterprise App Management and Endpoint Privilege Management. CellTrust SL2 for Intune is an integration developed in Microsoft Azure utilizing Microsoft Defender for Cloud, Microsoft Sentinel and Microsoft Entra ID. Key features and benefits of SL2 for Microsoft Intune: Mobile capture - SL2 captures and archives for retention and eDiscovery: SL2 mobile data, text/SMS, images, files, WhatsApp, and voice (optional) Separates work and personal - SL2 provides a dedicated Mobile Business Number to separate personal and work data for BYOD, CYOD and COPE while protecting staff's personal privacy Compliance - SL2 helps organizations meet the robust recordkeeping, supervision, archiving, and eDiscovery requirements of FINRA, SEC, FCA, MiFID II, IIROC, Dodd-Frank Act, GLBA, SOX, FOIA, Sunshine Laws, Public Records Laws, HIPAA, with the ability to maintain encryption of data in transit to long-term archivers App protection policies - the Intune SDK allows your app to support Intune app protection policies, enabling IT administrators to manage and protect enterprise data within the app Data control - administrators can control where enterprise data in the app can be moved, such as preventing backups to the cloud Clipboard restrictions - administrators can configure clipboard behavior to prevent data from being copied from the app to unmanaged, personal apps Data encryption - the SDK enforces encryption on data saved by the app, ensuring that sensitive information is protected and SL2 has the ability to establish encrypted connections with customers' long-term archiving providers to keep data protected in transit to them Remote wipe - IT administrators can remotely wipe enterprise data from the app, which is particularly useful if a device is lost or a staff member leaves the organization Managed browser enforcement - web links in the app can be forced to open in a managed browser like Microsoft Edge, keeping enterprise data within a secure environment PIN policy - the SDK can enforce a PIN policy, requiring users to enter a PIN before accessing enterprise data in the app Authentication with Single Sign-On integration - users can be required to sign in with their work account to access the app, ensuring that only authorized users can access enterprise data 'CellTrust is excited to bring SL2 for Intune to the Microsoft Azure Marketplace,' said Sean Moshir, Chairman and CEO. 'Together, we are significantly enhancing mobile communication security and compliance for the enterprise while maintaining a seamless experience for end users.' SL2 for Intune, integrated with Microsoft Intune, increases endpoint security with Enterprise App Management and Endpoint Privilege Management and utilizes the following Microsoft products: CellTrust is a member of the Microsoft Intelligent Security Association CellTrust is a proud member of MISA – the Microsoft Intelligent Security Association consisting of Microsoft premier security partners – independent software vendors (ISVs) and managed security service providers (MSSPs) that have integrated their solutions with Microsoft Security products. About CellTrust Corporation CellTrust Corporation is a mobile security and communications compliance leader for financial services, government, and other highly regulated sectors. CellTrust's secure SL2™ Enterprise Capture platform streamlines mobile communication compliance through App capture for SMS/text, chat and voice, Carrier Capture, Stacked Capture, moderation, gateway hold, and archiving with the ability to maintain encryption of data in transit to long-term archivers. CellTrust helps organizations meet regulatory recordkeeping requirements, such as SEC, CFTC, FINRA, SOX, FCA, MiFID II, FOIA, Sunshine Laws, Public Records Laws, and HIPAA. CellTrust is a member of the Microsoft Intelligent Security Association. ©2025 CellTrust Corporation. All rights reserved.

Sai Prasad Mukala: Future of ICT with IFGICT Fellow Recognition
Sai Prasad Mukala: Future of ICT with IFGICT Fellow Recognition

Time Business News

time14-07-2025

  • Business
  • Time Business News

Sai Prasad Mukala: Future of ICT with IFGICT Fellow Recognition

In the dynamic landscape of Information and Communication Technology (ICT), where progress is shaped by knowledge and innovation, some professionals quietly distinguish themselves through enduring impact. Sai Prasad Mukala, an experienced VMware, Intune, SCCM, and Cloud Engineer with over 18+ years of expertise in designing, deploying, and managing virtualized environments, cloud solutions, and mobile device management, is one such standout. He was recently awarded the prestigious IFGICT Fellow title by the world's largest ICT federation – a true testament to his deep impact and extensive experience across enterprise technology environments. Sai Prasad has built a reputation as a technical leader and innovator in some of the most complex technology environments worldwide. His career is defined by a relentless drive for excellence, consistently delivering transformative solutions across virtualized environments and cloud infrastructures. This article explores his career highlights, unmatched expertise, and the significance of his recent IFGICT Fellowship, solidifying his status as a genuine pioneer in virtualization, cloud computing, and enterprise device management. Sai Prasad's 18+ years of experience paint a clear picture of a professional deeply skilled in the nuances of modern technology. His expertise spans critical areas such as VMware vSphere, Microsoft Intune, SCCM, Microsoft Azure (IaaS/PaaS), AWS (IaaS/PaaS), EC2, RDS, VMware ESXi 8, VMware Horizon VDI, and comprehensive system administration including AD Server, File Server, DHCP, DNS, Print Servers, DFS, ADFS, and LAPS. This broad skill set allows him to tackle challenges from multiple angles, ensuring solutions are both comprehensive and effective. Throughout his career, Sai Prasad has seamlessly moved between diverse roles, showcasing his adaptability and deep understanding of the technology lifecycle. His proficiency extends to backup and recovery tools including Symantec Exec 2010/2012 and Commvault 9.0/10.0, server hardware management across HP Enclosure, Cisco UCS, and HP ProLiant DL & BL Series, and application software including Service Now, Sales Force Ticketing, and Remedy Ticketing. This fluid movement between infrastructure management and cloud solutions demonstrates his all-encompassing grasp of modern technology. Sai Prasad's technical knowledge covers the most vital technologies driving enterprise transformation. His proficiency in PowerShell scripting enables automation across complex environments, while his expertise in Microsoft Defender Antivirus and Defender for Endpoint (ATP) ensures robust security implementations. His significant experience with monitoring tools like SCOM 2019 and Splunk provides organizations with comprehensive visibility into their infrastructure operations. His impressive array of certifications validates his deep technical expertise and commitment to continuous learning. These include: CompTIA Security+ Certification Microsoft Certified: Azure Administrator Associate Microsoft Certified Technology Specialist (MCTS) for Administering and Deploying System Center 2012 Configuration Manager VMware Certified Professional 6 – Data Center Virtualization AWS Certified Solutions Architect – Associate Certified Information Technology Infrastructure Library (ITIL) Version 3 foundation Microsoft Specialist in Implementing Microsoft Azure Infrastructure Solutions Microsoft Certified Solutions Associate (MCSA) for Managing Office 365 Identities and Requirements Cisco Certified Network Associate (CCNA) Routing and Switching This robust portfolio of certifications, combined with his practical experience, solidifies his position as a highly capable and well-rounded ICT professional. Sai Prasad's career is marked by significant achievements highlighting his profound impact on technology initiatives. His management in administering and configuring mobile devices for enterprise users via Office 365, Hybrid (SCCM integration with Intune), SCOM, and Azure Active Directory environments demonstrates his ability to handle complex integrations that are crucial for modern businesses. He has administered SCCM & Intune infrastructure for 9000+ endpoints, including managing software deployments, operating system images, patching, and iOS and Android platforms, showcasing his capability to manage large-scale enterprise environments. His leadership in deploying, managing, and optimizing VMware Horizon View and VDI infrastructure across multi-site environments showcases his ability to deliver enterprise-scale solutions that enhance productivity and efficiency. He has managed and administered the SCOM 2019 environment for global organizations with 2,000+ endpoints, ensuring comprehensive monitoring across all critical systems, applications, and network infrastructure, a vital role in maintaining operational stability. Furthermore, Sai Prasad has created detailed SCCM reports and dashboards using SQL queries to monitor compliance and software distribution success, providing critical insights for decision-making. He has developed and deployed application management strategies using Intune, including auto deployment of apps, software updates, and security patches, streamlining IT operations. His implementation of mobile device security policies, such as enforcing encryption, remote wipe, and conditional access based on device compliance, demonstrates his unwavering commitment to enterprise security in an increasingly mobile world. His work in developing and maintaining custom task sequences for deploying Windows 10/11 across various hardware platforms using SCCM, creating and optimizing OS images, and automating OSD tasks using PowerShell scripts has significantly reduced manual intervention and deployment time, leading to tangible operational improvements. Dr Kayyali Mohamed the president of IFGICT mentioned that ' The IFGICT Fellow title awarded to Sai Prasad Mukala is a monumental achievement. IFGICT, the world's largest ICT federation, recognizes individuals who have demonstrated outstanding leadership, innovation, and significant contributions to advancing ICT' . This fellowship validates Sai Prasad's profound impact on the global ICT landscape, particularly within virtualization, cloud computing, and enterprise device management domains. This prestigious recognition underscores his status as a key influencer and thought leader in the industry. Sai Prasad's academic foundation, including a Master of Science in Information Technology from Alagappa University, provides a strong theoretical underpinning to his extensive practical experience. His comprehensive certification portfolio across VMware, Microsoft, AWS, and networking technologies provides crucial expertise that complements his real-world problem-solving abilities. This combination of academic rigor and practical application is what sets him apart. In summary, Sai Prasad Mukala stands as a beacon of expertise and leadership in the technology world. His journey from system administration to IFGICT Fellow leading complex virtualization and cloud initiatives is a testament to his unwavering dedication and transformative impact. For businesses navigating cloud migrations, virtualization strategies, and enterprise device management, Sai Prasad represents the technical excellence and visionary leadership needed to drive sustained growth and innovation. His IFGICT Fellowship solidifies his status as an influential figure in the global ICT arena, paving the way for future advancements in the field. TIME BUSINESS NEWS

Nerdio Surpasses $100 Million in Annual Recurring Revenue as Enterprises Shift to Microsoft Cloud
Nerdio Surpasses $100 Million in Annual Recurring Revenue as Enterprises Shift to Microsoft Cloud

Business Upturn

time20-06-2025

  • Business
  • Business Upturn

Nerdio Surpasses $100 Million in Annual Recurring Revenue as Enterprises Shift to Microsoft Cloud

CHICAGO, June 20, 2025 (GLOBE NEWSWIRE) — Nerdio, the automated end-user computing (EUC) management platform transforming how organizations deploy and manage Microsoft Cloud technologies, today announced that it has surpassed $100 million in annual recurring revenue (ARR), reaching this mark in just over five years. The milestone underscores Nerdio's rapid ascent as enterprises seek easier, more cost-effective ways to manage Microsoft Azure, Windows 365, and Intune environments at scale. The achievement comes just months after Nerdio's $500 million Series C funding round, which propelled the company's valuation past $1 billion. 'Enterprises are quickly moving from legacy VDI to cloud-based solutions—but managing Microsoft Cloud technologies at scale isn't easy,' said Vadim Vladimirskiy, Co-Founder and CEO of Nerdio. 'That complexity has created a huge opportunity for Nerdio. By automating the hard parts of cloud management, we're helping IT teams cut costs, move faster, and do more with less.' Over the past year, Nerdio has added more than 400 new enterprise customers and now serves over 15,000 organizations across 50+ countries. Global brands, including Chevron, Kraft Heinz, Setfords, Sage, and more rely on Nerdio to manage and scale their Microsoft Cloud environments. Nerdio automates the deployment and management of Azure Virtual Desktop, Windows 365, and Intune—eliminating manual work like provisioning virtual machines, setting policies, and managing user access. Its robust automation engine also helps organizations right-size their cloud usage, optimize spend, and ensure policy compliance across environments. Nerdio's growing portfolio of AI capabilities is further transforming how IT teams manage Microsoft Cloud services. With AI-driven recommendations, proactive issue detection, and intelligent scripting support, Nerdio makes it easier to identify inefficiencies, resolve issues faster, and streamline operations without requiring deep Azure expertise. Achieving $100 million in ARR is just the latest of many major milestones for Nerdio. Over the past year, the company has: Raised $500 million in Series C funding and achieved unicorn status. Won the 2024 Microsoft Americas Partner of the Year award. Influenced more than $350 million of Microsoft revenue. Launched over 20 product releases while integrating AI into all its offerings. 'We built Nerdio to help enterprises scale efficiently—and we've followed that same playbook ourselves,' said Joseph Landes, Co-Founder and CRO. 'We've hit $100 million ARR in just over five years by staying focused on customer needs, Microsoft innovation, and capital-efficient growth.' About Nerdio Nerdio is a leading provider of powerful, simplified cloud management solutions for businesses of all sizes. Trusted by enterprise IT departments and managed service providers (MSPs) alike, Nerdio equips organizations with seamless, cost-effective management tools for Azure Virtual Desktop (AVD), Windows 365, and comprehensive Microsoft 365 management solutions. With thousands of customers worldwide, Nerdio accelerates cloud adoption, enabling companies to thrive in an era of hybrid work by providing modern, future-proof technology that adapts to evolving workplace needs. For more information, please visit Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash

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