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Business Standard
2 days ago
- Business
- Business Standard
L & T Finance Ltd. Records Consolidated PAT of Rs. 701 Crore for the First Quarter Ended June 30, 2025 (Q1FY26), up 10% QoQ and 2% YoY
NewsVoir Mumbai (Maharashtra) [India], July 21: L & T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in India has recorded consolidated Profit After Tax (PAT) of Rs. 701 Crore, up 10% Quarter-on-Quarter (QoQ) and 2% Year-on-Year (YoY) for the first quarter ended June 30, 2025. During the quarter, LTF achieved a milestone of highest-ever consolidated book of Rs. 1,02,314 Crore, up 15% YoY. The retail book size during the quarter reached Rs. 99,816 Crore, up 18% YoY. The Company has recorded quarterly retail disbursement of Rs. 17,522 Crore for the first quarter ended June 30, 2025, up 18% YoY. Retailisation stood at 98% for the quarter ended June 30, 2025, exceeding Lakshya 2026 target. Debut Investment Grade Credit Rating has been assigned to LTF by international rating agencies (S & P Global Ratings and Fitch Ratings). S & P Global Ratings has assigned LTF "BBB-" long-term and "A-3" short-term issuer credit rating. The outlook on the long-term rating is Positive. Fitch Ratings has assigned LTF long-term foreign and local currency Issuer Default Ratings (IDR) of "BBB-" with a Stable outlook. These long-term ratings are investment grade and are at par with India's Sovereign Credit Rating. This will enable the Company to tap global capital markets, further diversify its liability franchise, and deepen investor base. 'Project Cyclops', in-house developed proprietary credit underwriting engine by LTF, has been rolled-out for SME Finance and its advanced version is implemented in Two-wheeler Finance. The Company's customer-facing PLANET app, which has emerged as a powerful digital channel for customers, crossed more than 1.86 Crore downloads as on date, comprising more than 16.7 Lakh downloads on the rural side. As of date, this channel has done collections of over Rs. 4,800 Crore while servicing around 7.85 Crore requests and has sourced loans of over Rs. 15,500 Crore. The Company has launched a revamped customer-centric website and the next-generation PLANET 3.0. Commenting on the financial results, Mr. Sudipta Roy, Managing Director & CEO, LTF said, "In a challenging quarter, our Company remained focused on outcomes and achieved a resilient performance while showcasing our ability to manage market headwinds. This performance is on the back of our commitment to sourcing creditworthy customers backed by technology and robust credit guardrails, while keeping a strong focus on collection efficiency across businesses. Our impetus remains on risk calibrated business growth with a sharp focus on a strong asset quality, laying the foundation for a sustainable and predictable growth going forward. In the quarter, we achieved the highest-ever consolidated book of over Rs. 1 Lakh Crore milestone and added a secured high yield product to our loan portfolio i.e., Gold Loan. Our company has been assigned a debut investment grade credit rating of "BBB-/Positive" by S & P Global Ratings and "BBB-/Stable" by Fitch Ratings. This rating will serve as a foundation for further diversifying our liability franchise by accessing financing opportunities across the global capital markets. Our AI-driven next-gen digital credit engine, 'Project Cyclops' is starting to yield early dividends in our Two-wheeler finance business, and during the quarter, 'Project Cyclops' was scaled up in Farm business and launched in the SME finance business. We remain focused on continuously strengthening our risk and credit frameworks, which will serve us well in times to come." Key Highlights: Robust Retail Franchise: The Company's granular and deep pan-India Retail franchise is led by its strong distribution capabilities namely, its geographic presence in around 2 Lakh villages from around 2,089 rural meeting centers/branches and 407 branches across urban centers. This extensive geographic presence is also supported by over 13,000 distribution points built over a decade. The Company also leverages over 2.6 Crore of its customer database to drive a credible cross-sell and up-sell franchise contributing 35% of the Company's repeat disbursements share in value and 49% in count during Q1FY26. Building a diversified retail franchise: Rural Business Finance Q1FY26 disbursements at Rs. 5,618 Crore vs. Rs. 5,773 Crore, down 3% YoY. Book size at Rs. 26,616 Crore vs. Rs. 25,887 Crore, up 3% YoY. Farmer Finance Q1FY26 disbursements at Rs. 2,200 Crore vs. Rs. 1,903 Crore, up 16% YoY. Book size at Rs. 15,756 Crore vs. Rs. 14,204 Crore, up 11% YoY Two-wheeler Finance Q1FY26 disbursements at Rs. 2,128 Crore vs. Rs. 2,621 Crore, down 19% YoY. Book size at Rs. 12,331 Crore vs. Rs. 12,025 Crore, up 3% YoY Personal Loans Q1FY26 disbursements at Rs. 1,942 Crore vs. Rs. 1,178 Crore, up 65% YoY. Book size at Rs. 9,383 Crore vs. Rs. 6,667 Crore, up 41% YoY Housing Loans and Loans Against Property Q1FY26 disbursements at Rs. 2,780 Crore vs. Rs. 2,245 Crore, up 24% YoY. Book size at Rs. 26,464 Crore vs. Rs. 19,961 Crore, up 33% YoY SME Finance Q1FY26 disbursements at Rs. 1,273 Crore vs. Rs. 978 Crore, up 30% YoY. Book size at Rs. 6,964 Crore vs. Rs. 4,471 Crore, up 56% YoY During the quarter, LTF launched a Business Loan campaign with the tagline, 'Aapke Business Ka Game Changer' featuring Indian cricketer Jasprit Bumrah. The campaign highlighted how the Business Loan is offered through a digital application process for quick and efficient funding, it has a rapid disbursal providing timely capital, and an app-based withdrawal facility offering flexible cash flow management. L & T Finance Ltd. (LTF) ( formerly known as L & T Finance Holdings Ltd., (LTFH) is a leading Non-Banking Financial Company (NBFC), offering a range of financial products and services. Headquartered in Mumbai, the Company has been rated 'AAA' -- the highest credit rating for NBFCs -- by four leading rating agencies. It has also received leadership scores and ratings by global and national Environmental, Social, and Governance (ESG) rating providers for its sustainability performance. The Company has been certified as a Great Place To Work® and has also won many prestigious awards for its flagship CSR project - "Digital Sakhi"- which focuses on women's empowerment and digital and financial inclusion. Under Right to Win, being in the 'right businesses' has helped the Company become one of the leading financiers in key Retail products. The Company is focused on creating a top-class, digitally enabled, Retail finance company as part of the Lakshya 2026 plan. The goal is to move the emphasis from product focus to customer focus and establish a robust Retail portfolio with quality assets, thus creating a Fintech@Scale while keeping ESG at the core. Fintech@Scale is one of the pillars of the Company's strategic roadmap - Lakshya 2026. The Company has over 2.6 Crore customer database, which is being leveraged to cross-sell, up-sell, and identify new customers.
The Wire
2 days ago
- Business
- The Wire
L&T Finance Ltd. Records Consolidated PAT of Rs. 701 Crore for the First Quarter Ended June 30, 2025 (Q1FY26), up 10% QoQ and 2% YoY
The Company achieved the highest-ever consolidated book of Rs. 1,02,314 Crore, which includes a retail book of Rs. 99,816 Crore, up 15% and 18% YoY, respectively Mumbai, Maharashtra, India (NewsVoir) L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in India has recorded consolidated Profit After Tax (PAT) of Rs. 701 Crore, up 10% Quarter-on-Quarter (QoQ) and 2% Year-on-Year (YoY) for the first quarter ended June 30, 2025. During the quarter, LTF achieved a milestone of highest-ever consolidated book of Rs. 1,02,314 Crore, up 15% YoY. The retail book size during the quarter reached Rs. 99,816 Crore, up 18% YoY. The Company has recorded quarterly retail disbursement of Rs. 17,522 Crore for the first quarter ended June 30, 2025, up 18% YoY. Retailisation stood at 98% for the quarter ended June 30, 2025, exceeding Lakshya 2026 target. Debut Investment Grade Credit Rating has been assigned to LTF by international rating agencies (S&P Global Ratings and Fitch Ratings). S&P Global Ratings has assigned LTF 'BBB-' long-term and 'A-3' short-term issuer credit rating. The outlook on the long-term rating is Positive. Fitch Ratings has assigned LTF long-term foreign and local currency Issuer Default Ratings (IDR) of 'BBB-' with a Stable outlook. These long-term ratings are investment grade and are at par with India's Sovereign Credit Rating. This will enable the Company to tap global capital markets, further diversify its liability franchise, and deepen investor base. 'Project Cyclops', in-house developed proprietary credit underwriting engine by LTF, has been rolled-out for SME Finance and its advanced version is implemented in Two-wheeler Finance. The Company's customer-facing PLANET app, which has emerged as a powerful digital channel for customers, crossed more than 1.86 Crore downloads as on date, comprising more than 16.7 Lakh downloads on the rural side. As of date, this channel has done collections of over Rs. 4,800 Crore while servicing around 7.85 Crore requests and has sourced loans of over Rs. 15,500 Crore. The Company has launched a revamped customer-centric website and the next-generation PLANET 3.0. Commenting on the financial results, Mr. Sudipta Roy, Managing Director & CEO, LTF said, 'In a challenging quarter, our Company remained focused on outcomes and achieved a resilient performance while showcasing our ability to manage market headwinds. This performance is on the back of our commitment to sourcing creditworthy customers backed by technology and robust credit guardrails, while keeping a strong focus on collection efficiency across businesses. Our impetus remains on risk calibrated business growth with a sharp focus on a strong asset quality, laying the foundation for a sustainable and predictable growth going forward. In the quarter, we achieved the highest-ever consolidated book of over Rs. 1 Lakh Crore milestone and added a secured high yield product to our loan portfolio i.e., Gold Loan. Our company has been assigned a debut investment grade credit rating of 'BBB-/Positive' by S&P Global Ratings and 'BBB-/Stable' by Fitch Ratings. This rating will serve as a foundation for further diversifying our liability franchise by accessing financing opportunities across the global capital markets. Our AI-driven next-gen digital credit engine, 'Project Cyclops' is starting to yield early dividends in our Two-wheeler finance business, and during the quarter, 'Project Cyclops' was scaled up in Farm business and launched in the SME finance business. We remain focused on continuously strengthening our risk and credit frameworks, which will serve us well in times to come.' Key Highlights: Robust Retail Franchise: The Company's granular and deep pan-India Retail franchise is led by its strong distribution capabilities namely, its geographic presence in around 2 Lakh villages from around 2,089 rural meeting centers/branches and 407 branches across urban centers. This extensive geographic presence is also supported by over 13,000 distribution points built over a decade. The Company also leverages over 2.6 Crore of its customer database to drive a credible cross-sell and up-sell franchise contributing 35% of the Company's repeat disbursements share in value and 49% in count during Q1FY26. Building a diversified retail franchise: Rural Business Finance Q1FY26 disbursements at Rs. 5,618 Crore vs. Rs. 5,773 Crore, down 3% YoY. Book size at Rs. 26,616 Crore vs. Rs. 25,887 Crore, up 3% YoY. Farmer Finance Q1FY26 disbursements at Rs. 2,200 Crore vs. Rs. 1,903 Crore, up 16% YoY. Book size at Rs. 15,756 Crore vs. Rs. 14,204 Crore, up 11% YoY Two-wheeler Finance Q1FY26 disbursements at Rs. 2,128 Crore vs. Rs. 2,621 Crore, down 19% YoY. Book size at Rs. 12,331 Crore vs. Rs. 12,025 Crore, up 3% YoY Personal Loans Q1FY26 disbursements at Rs. 1,942 Crore vs. Rs. 1,178 Crore, up 65% YoY. Book size at Rs. 9,383 Crore vs. Rs. 6,667 Crore, up 41% YoY Housing Loans and Loans Against Property Q1FY26 disbursements at Rs. 2,780 Crore vs. Rs. 2,245 Crore, up 24% YoY. Book size at Rs. 26,464 Crore vs. Rs. 19,961 Crore, up 33% YoY SME Finance Q1FY26 disbursements at Rs. 1,273 Crore vs. Rs. 978 Crore, up 30% YoY. Book size at Rs. 6,964 Crore vs. Rs. 4,471 Crore, up 56% YoY During the quarter, LTF launched a Business Loan campaign with the tagline, 'Aapke Business Ka Game Changer' featuring Indian cricketer Jasprit Bumrah. The campaign highlighted how the Business Loan is offered through a digital application process for quick and efficient funding, it has a rapid disbursal providing timely capital, and an app-based withdrawal facility offering flexible cash flow management. About L&T Finance Ltd. (LTF) L&T Finance Ltd. (LTF) ( formerly known as L&T Finance Holdings Ltd., (LTFH) is a leading Non-Banking Financial Company (NBFC), offering a range of financial products and services. Headquartered in Mumbai, the Company has been rated 'AAA' — the highest credit rating for NBFCs — by four leading rating agencies. It has also received leadership scores and ratings by global and national Environmental, Social, and Governance (ESG) rating providers for its sustainability performance. The Company has been certified as a Great Place To Work® and has also won many prestigious awards for its flagship CSR project – 'Digital Sakhi'- which focuses on women's empowerment and digital and financial inclusion. Under Right to Win, being in the 'right businesses' has helped the Company become one of the leading financiers in key Retail products. The Company is focused on creating a top-class, digitally enabled, Retail finance company as part of the Lakshya 2026 plan. The goal is to move the emphasis from product focus to customer focus and establish a robust Retail portfolio with quality assets, thus creating a Fintech@Scale while keeping ESG at the core. Fintech@Scale is one of the pillars of the Company's strategic roadmap - Lakshya 2026. The Company has over 2.6 Crore customer database, which is being leveraged to cross-sell, up-sell, and identify new customers. Facebook: LinkedIn: Instagram: YouTube: X: (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.).
Fashion Value Chain
2 days ago
- Business
- Fashion Value Chain
L&T Finance Ltd. Records Consolidated PAT of Rs. 701 Crore for the First Quarter Ended June 30, 2025 (Q1FY26), up 10% QoQ and 2% YoY
L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in India has recorded consolidated Profit After Tax (PAT) of Rs. 701 Crore, up 10% Quarter-on-Quarter (QoQ) and 2% Year-on-Year (YoY) for the first quarter ended June 30, 2025. During the quarter, LTF achieved a milestone of highest-ever consolidated book of Rs. 1,02,314 Crore, up 15% YoY. The retail book size during the quarter reached Rs. 99,816 Crore, up 18% YoY. The Company has recorded quarterly retail disbursement of Rs. 17,522 Crore for the first quarter ended June 30, 2025, up 18% YoY. Retailisation stood at 98% for the quarter ended June 30, 2025, exceeding Lakshya 2026 target. Highlights of L&T Finance Ltd.s financial performance for the quarter ended June 30, 2025 Debut Investment Grade Credit Rating has been assigned to LTF by international rating agencies (S&P Global Ratings and Fitch Ratings). S&P Global Ratings has assigned LTF 'BBB-' long-term and 'A-3' short-term issuer credit rating. The outlook on the long-term rating is Positive. Fitch Ratings has assigned LTF long-term foreign and local currency Issuer Default Ratings (IDR) of 'BBB-' with a Stable outlook. These long-term ratings are investment grade and are at par with India's Sovereign Credit Rating. This will enable the Company to tap global capital markets, further diversify its liability franchise, and deepen investor base. 'Project Cyclops', in-house developed proprietary credit underwriting engine by LTF, has been rolled-out for SME Finance and its advanced version is implemented in Two-wheeler Finance. The Company's customer-facing PLANET app, which has emerged as a powerful digital channel for customers, crossed more than 1.86 Crore downloads as on date, comprising more than 16.7 Lakh downloads on the rural side. As of date, this channel has done collections of over Rs. 4,800 Crore while servicing around 7.85 Crore requests and has sourced loans of over Rs. 15,500 Crore. The Company has launched a revamped customer-centric website and the next-generation PLANET 3.0. Commenting on the financial results, Mr. Sudipta Roy, Managing Director & CEO, LTF said, 'In a challenging quarter, our Company remained focused on outcomes and achieved a resilient performance while showcasing our ability to manage market headwinds. This performance is on the back of our commitment to sourcing creditworthy customers backed by technology and robust credit guardrails, while keeping a strong focus on collection efficiency across businesses. Our impetus remains on risk calibrated business growth with a sharp focus on a strong asset quality, laying the foundation for a sustainable and predictable growth going forward. In the quarter, we achieved the highest-ever consolidated book of over Rs. 1 Lakh Crore milestone and added a secured high yield product to our loan portfolio i.e., Gold Loan. Our company has been assigned a debut investment grade credit rating of 'BBB-/Positive' by S&P Global Ratings and 'BBB-/Stable' by Fitch Ratings. This rating will serve as a foundation for further diversifying our liability franchise by accessing financing opportunities across the global capital markets. Our AI-driven next-gen digital credit engine, 'Project Cyclops' is starting to yield early dividends in our Two-wheeler finance business, and during the quarter, 'Project Cyclops' was scaled up in Farm business and launched in the SME finance business. We remain focused on continuously strengthening our risk and credit frameworks, which will serve us well in times to come.' Key Highlights: Robust Retail Franchise: The Company's granular and deep pan-India Retail franchise is led by its strong distribution capabilities namely, its geographic presence in around 2 Lakh villages from around 2,089 rural meeting centers/branches and 407 branches across urban centers. This extensive geographic presence is also supported by over 13,000 distribution points built over a decade. The Company also leverages over 2.6 Crore of its customer database to drive a credible cross-sell and up-sell franchise contributing 35% of the Company's repeat disbursements share in value and 49% in count during Q1FY26. Building a diversified retail franchise: Rural Business Finance Q1FY26 disbursements at Rs. 5,618 Crore vs. Rs. 5,773 Crore, down 3% YoY. Book size at Rs. 26,616 Crore vs. Rs. 25,887 Crore, up 3% YoY. Farmer Finance Q1FY26 disbursements at Rs. 2,200 Crore vs. Rs. 1,903 Crore, up 16% YoY. Book size at Rs. 15,756 Crore vs. Rs. 14,204 Crore, up 11% YoY Two-wheeler Finance Q1FY26 disbursements at Rs. 2,128 Crore vs. Rs. 2,621 Crore, down 19% YoY. Book size at Rs. 12,331 Crore vs. Rs. 12,025 Crore, up 3% YoY Personal Loans Q1FY26 disbursements at Rs. 1,942 Crore vs. Rs. 1,178 Crore, up 65% YoY. Book size at Rs. 9,383 Crore vs. Rs. 6,667 Crore, up 41% YoY Housing Loans and Loans Against Property Q1FY26 disbursements at Rs. 2,780 Crore vs. Rs. 2,245 Crore, up 24% YoY. Book size at Rs. 26,464 Crore vs. Rs. 19,961 Crore, up 33% YoY SME Finance Q1FY26 disbursements at Rs. 1,273 Crore vs. Rs. 978 Crore, up 30% YoY. Book size at Rs. 6,964 Crore vs. Rs. 4,471 Crore, up 56% YoY During the quarter, LTF launched a Business Loan campaign with the tagline, 'Aapke Business Ka Game Changer' featuring Indian cricketer Jasprit Bumrah. The campaign highlighted how the Business Loan is offered through a digital application process for quick and efficient funding, it has a rapid disbursal providing timely capital, and an app-based withdrawal facility offering flexible cash flow management. About L&T Finance Ltd. (LTF) L&T Finance Ltd. (LTF) ( formerly known as L&T Finance Holdings Ltd., (LTFH) is a leading Non-Banking Financial Company (NBFC), offering a range of financial products and services. Headquartered in Mumbai, the Company has been rated 'AAA' – the highest credit rating for NBFCs – by four leading rating agencies. It has also received leadership scores and ratings by global and national Environmental, Social, and Governance (ESG) rating providers for its sustainability performance. The Company has been certified as a Great Place To Work and has also won many prestigious awards for its flagship CSR project – 'Digital Sakhi'- which focuses on womens empowerment and digital and financial inclusion. Under Right to Win, being in the 'right businesses' has helped the Company become one of the leading financiers in key Retail products. The Company is focused on creating a top-class, digitally enabled, Retail finance company as part of the Lakshya 2026 plan. The goal is to move the emphasis from product focus to customer focus and establish a robust Retail portfolio with quality assets, thus creating a Fintech@Scale while keeping ESG at the core. Fintech@Scale is one of the pillars of the Company's strategic roadmap – Lakshya 2026. The Company has over 2.6 Crore customer database, which is being leveraged to cross-sell, up-sell, and identify new customers. Facebook: LinkedIn: Instagram: YouTube: X:
Time of India
07-06-2025
- Entertainment
- Time of India
Maknae Kangmin joins 'Boys II Planet' survival show— Who are the other members of VERIVERY?
The buzz around Mnet's new survival show Boys II Planet is growing, as the program unveiled its first six contestants on June 7 through a set of eye-catching visual posters. Among the hopefuls, one face sparked immediate recognition among K-pop fans — Kangmin, the youngest member of VERIVERY, who is now set to compete for a spot in the final lineup. The reveal comes just ahead of the show's upcoming 'Signal Song Showcase', adding to the anticipation. [BOYS ll PLANET] VISUAL POSTER #3더 뜨겁게 돌아온 두 개의 플래닛,최고가 되고 싶은 소년들과 함께 타오를 준비가 되었는가?[BOYS ll PLANET K] 2025. 7. 17 (목) 첫 방송[BOYS ll PLANET C] 2025. 7. 18 (금) 첫 방송==[BOYS ll PLANET] VISUAL POSTER #3Return with two hotter… Who is VERIVERY? VERIVERY officially debuted on January 9, 2019, with their first mini album VERI-US. However, on May 9, Jellyfish Entertainment announced that members Dongheon, Gyehyeon, and Kangmin would be temporarily stepping away from group activities starting May 11 due to undisclosed personal schedules. Industry insiders, however, revealed that the trio will be appearing on the upcoming survival show Boys II Planet. This marks VERIVERY's second venture into the world of competitive reality shows, following their appearance on Road to Kingdom in 2020. As excitement builds ahead of Boys II Planet, let's take a closer look at VERIVERY and its members. Hoyoung Birth Name: Bae Ho-young Position(s): Main Dancer, Lead Rapper Birthday: August 10, 1998 VERIVERY 3RD SINGLE ALBUM[Liminality - - Tap TapSOLO OFFICIAL PHOTO OVER Ver.#호영 #HOYOUNG🎧 2022. 11. 14. 6PM (KST)#베리베리 #VERIVERY #VRVR#Liminality #EP_LOVE#Tap_Tap#20221114_6PM Originally from Cheongju—the capital of North Chungcheong Province in South Korea—the rapper studied in New Zealand during his early years. He has trained for nearly three years before his debut. Musically, he draws inspiration from artists like Loco, DPR LIVE, and OFFONOFF. Minchan Birth Name: Hong Min-chan Position(s): Lead Vocalist, Visual Birthday: September 16, 1998 VERIVERY 3RD SINGLE ALBUM[Liminality - - Tap TapSOLO OFFICIAL PHOTO OVER Ver.#민찬 #MINCHAN🎧 2022. 11. 14. 6PM (KST)#베리베리 #VERIVERY #VRVR#Liminality #EP_LOVE#Tap_Tap#20221114_6PM The first member of VERIVERY to be introduced back in September 2018, he was born in Cheonan, South Chungcheong Province. With a training period of 2 years and 6 months, he brought his musical talents to the group, including his ability to play both the guitar and piano. A fan of BTOB and Yook Sungjae, Minchan has also showcased his vocals in the OST My Beauty for the drama Extraordinary You, which he performed with fellow members Gyehyeon and Yeonho. Yeonho Real Name: Ju Yeon-ho Position: Main Vocalist Birthday: May 31, 2000 VERIVERY 3RD SINGLE ALBUM[Liminality - - Tap TapSOLO OFFICIAL PHOTO OVER Ver.#연호 #YEONHO🎧 2022. 11. 14. 6PM (KST)#베리베리 #VERIVERY #VRVR#Liminality #EP_LOVE#Tap_Tap#20221114_6PM He was born in Gyeonggi-do, South Korea, and trained for two years before debuting with VERIVERY. He looks up to EXO's Baekhyun as his role model and counts Damien Rice and Park Hyoshin among his favorite artists. Yeonho also lent his vocals to the OST My Beauty for the drama Extraordinary You, performing alongside fellow members Minchan and Gyehyeon. Yongseung Birth Name: Kim Yong-seung Position(s): Main Dancer, Sub-Vocalist Birthday: June 17, 2000 VERIVERY 3RD SINGLE ALBUM[Liminality - - Tap TapSOLO OFFICIAL PHOTO OVER Ver.#용승 #YONGSEUNG🎧 2022. 11. 14. 6PM (KST)#베리베리 #VERIVERY #VRVR#Liminality #EP_LOVE#Tap_Tap#20221114_6PM He was born in Pohang, North Gyeongsang Province, South Korea, but has lived in Yangju, Gyeonggi Province since he was eight. He began his training at Jellyfish Entertainment on August 31, 2016, and trained for two years and six months before debut. Yongseung cites Jason Mraz as his favorite artist. Dongheon Birth Name: Lee Dong-heon Position(s): Leader, Main Rapper, Lead Dancer Birthday: August 4, 1995 VERIVERY 3RD SINGLE ALBUM[Liminality - - Tap TapSOLO OFFICIAL PHOTO OVER Ver.#동헌 #DONGHEON🎧 2022. 11. 14. 6PM (KST)#베리베리 #VERIVERY #VRVR#Liminality #EP_LOVE#Tap_Tap#20221114_6PM Born in Andong City, North Gyeongsang Province, South Korea, he trained for about 4 to 5 years before making his debut. His favorite artists include Lauv, VIXX, and EXO's Kai. He officially enlisted in the military on August 28, 2023, and was discharged on February 27, 2025. As of May 11, 2025, Dongheon took a temporary hiatus and is set to appear on the survival show Boys II Planet. Gyehyeon Real Name: Jo Gye-hyeon Position: Lead Vocalist Birthday: May 14, 1999 VERIVERY 3RD SINGLE ALBUM[Liminality - - Tap TapSOLO OFFICIAL PHOTO OVER Ver.#계현 #GYEHYEON🎧 2022. 11. 14. 6PM (KST)#베리베리 #VERIVERY #VRVR#Liminality #EP_LOVE#Tap_Tap#20221114_6PM He was born in Bucheon, Gyeonggi-do, South Korea, and trained for 1 year and 5 months before debuting. His favorite artists are Charlie Puth and Onestar. He sang the OST My Beauty alongside Minchan and Yeonho for the drama Extraordinary You, and also took part in the wrestling event at ISAC 2020. Since May 11, 2025, he is on a temporary hiatus as he prepares to appear on the survival show Boys II Planet. Kangmin Birth Name: Yoo Kang-min Position(s): Lead Dancer, Vocalist, Rapper, Visual, Face of the Group, Maknae Birthday: January 25, 2003 VERIVERY 3RD SINGLE ALBUM[Liminality - - Tap TapSOLO OFFICIAL PHOTO OVER Ver.#강민 #KANGMIN🎧 2022. 11. 14. 6PM (KST)#베리베리 #VERIVERY #VRVR#Liminality #EP_LOVE#Tap_Tap#20221114_6PM Born in Busan, South Korea, he trained under Jellyfish Entertainment for just 8 months before becoming a member of VERIVERY. He was the last member to be revealed, officially introduced on September 11, 2018. His favorite artist is the British duo HONNE. He too since May 11, 2025, has been on a temporary hiatus as he is set to appear on the survival show Boys II Planet. More about Boys II Planet The show is preparing to kick off its high-stakes global competition next month with a major format shift. Initially designed as two separate programs — BOYS II PLANET K and BOYS II PLANET C — each was set to debut its own group. However, in a bid to heighten drama and create a more immersive narrative, Mnet has merged the two into a single, unified survival show. Now, all 160 contestants will compete within one storyline, with only one global K-pop boy group set to debut at the end — raising the stakes higher than ever. For all the latest K-drama, K-pop, and Hallyuwood updates, keep following our coverage here.
Yahoo
28-05-2025
- Business
- Yahoo
PLANET Developing Intelligent Industrial Networking Solutions for IoT, AIoT and ITS Applications
TAIPEI, May 28, 2025 /PRNewswire/ -- As we see more IoT in smart cities and Intelligent Transportation Systems development in major areas across the United States, a network solution is needed to deliver fast, reliable, and secure operation. PLANET Technology has long established itself as the world's leader in providing high-performance industrial networking solutions for a wide range of applications, and this year at COMPUTEX in Taipei, we showcased a comprehensive range of advanced networking technology to meet the demand. About PLANET Technology Established in 1993 and headquartered in Taiwan, PLANET has become a leading global brand in IP network transmission technology. Its product and solution portfolio includes a comprehensive range of advanced, user-friendly network technologies that support IoT, IIoT, and AIoT intelligent network infrastructures, delivering innovative and reliable enterprise and industrial networking solutions. We have established close and long-term partnerships with our clients and distribution partners in more than 160 countries. Over the years, PLANET has won numerous awards and recognitions, including multiple Taiwan Excellence Awards, and was listed in the 2024 Forbes Asia 200 Best Under a Billion. Built to Provide High Performance in Harsh Environments For over 30 years, PLANET has delivered rugged industrial PoE networking solutions built for high performance in harsh environments. Products like the 95W EMC-certified Managed Switch (IGS-6329-8UP2S4X) meet EN61000-6-2/-6-4 and EN50121-4 railway standards and operate in extreme temperatures and weather conditions. The new IMS-6325-5 Industrial Modular Ethernet Chassis Switch adds scalability and sustainability with interchangeable modules that support easy upgrades and component reuse. To advance industrial automation, PLANET offers protocol-based networking solutions, including a Time Sensitive Networking (TSN) 10G Managed Switch, Modbus TCP, PROFINET, Serial Device Servers, and EtherCAT, forming a secure, high-speed foundation for intelligent manufacturing systems. Secure Network for the Future of Smart Cities and ITS As cities increasingly adopt intelligent networking, PLANET introduced 802.3bt 95W PoE devices with 2.5G/10G capabilities to support the expansion of wireless connectivity. Paired with 5G NR Cellular Gateway, Outdoor Unit (ODU), or Wi-Fi VPN Security Router, these devices enable the delivery of high-performance, secure data transmission for large-scale applications such as healthcare and commercial construction. PLANET's Industrial PoE Managed Switches are ideal for surveillance systems that demand reliable and stable network performance. Equipped with Intelligent PoE Management, these switches can monitor power usage, schedule PoE delivery, and perform PD alive checks to automatically reboot unresponsive devices, such as IP cameras, ensuring continuous and efficient operation. To meet the evolving needs of intelligent transportation systems (ITS), PLANET's new ITS Series Industrial L3 PoE Managed Switches comply with EN50155, EN45545-2, and IEC 61373 standards. With rugged features like 10G M12 ports, bypass relay, and ERPS for network redundancy, they ensure stable operations in railways and other transportation systems. Efficiently Manage All Connected Networking Devices PLANET networking devices can be centrally managed through the Universal Network Management Central Controller (UNC-NMS), the Enterprise-class Universal Network Management Controller (NMS-500/NMS-1000V), and the innovative NMSViewerPro app. These tools enable administrators to efficiently manage devices via the cloud, analyze big data in real time, and enhance computing efficiency, cybersecurity, and energy-saving performance, supporting carbon reduction goals. All these features can further be managed flexibly with the new CloudNMS, which utilizes a secure cloud server for admins to monitor the network without the need to be linked to a management controller. Pioneering Sustainable Networking Solutions Demonstrating leadership in sustainability, PLANET integrates AIoT with energy-efficient network systems. Its AIoT Application Server supports protocols such as LoRa, Wi-Fi, HaLow, and Modbus for real-time data status, energy consumption, ESG reporting, and renewable energy monitoring. PLANET is also the first in the industry to launch a Renewable Power PoE Managed Switch (BSP-360), enabling off-grid operations by powering networks with renewable energy, a major step toward carbon neutrality and power independence. Committed to ESG and Sustainable Development Since its founding, PLANET has actively championed ESG values to drive sustainable corporate development. The company emphasizes strong corporate governance, environmental sustainability, and social engagement, working toward goals such as 2050 Net Zero Carbon Emissions, a sustainable supply chain, and biodiversity protection. Throughout the years PLANET has achieved several major milestones including ISO 14067 Product Carbon Footprint verified, ISO 14064-1 greenhouse gas (GHG) inventory verified, the highest B score among global SMEs in Carbon Disclosure Project (CDP), joined the Science Based Targets initiative (SBTi), and also its first Climate and Nature Report has been assured with the highest maturity based on the Task Force on Climate-related Financial Disclosures (TCFD) framework, just to name a few. PLANET's ESG efforts have earned multiple honors, including the Excellent Corporate in CSR, Top 1 in Excellence in Corporate Social Responsibility, and the Humane Entrepreneurship Award. Looking ahead, PLANET remains dedicated to a long-term, strategic commitment to global citizenship and sustainable value creation. To learn more about PLANET Technology, visit For questions and inquiries: sales@ CONTACT: PLANET Technology, +886-2-22199518, mkt@ View original content to download multimedia: SOURCE PLANET Technology Corporation
