Mphasis Records Steady Performance; Robust Pipeline Fuels Confidence

Result Update

Information Technology   

April 25, 2025

ADD

CMP (Rs): 2,539 | TP (Rs): 2,800

Mphasis delivered a steady performance in Q4FY25. Revenue growth of 2.9% CC QoQ was the highest since the last 12 quarters, and in line with our estimate. Growth continues to be led by the BFS and TMT verticals, while challenges in Logistics persist. EBITM stood flat QoQ at 15.3%, a tad better than our estimate of 15.2%. The company won new deals with TCV of USD390mn in Q4; 85% of the deal wins were in new-gen services. Segments seeing the direct impact of tariffs have exercised caution and witnessed delays in decision-making. The management is focused on improving consistency in growth performance, and expects FY26 revenue growth to be above-industry on the back of strong deal wins, healthy pipeline, and steady TCV revenue conversion. It narrowed its EBITM guidance band to 14.75-15.75% (from 14.6-16% earlier), with the bottom-end leaving scope for increased investments, particularly in case of a mega deal. We trim FY26-27E EPS by ~2%, considering the Q4 performance and macro uncertainty. We retain ADD and TP of Rs2,800 at 25x Mar-27E EPS. 

Results Summary

Gross revenue grew 2.6% QoQ (2.9% CC) to USD430.4mn, in line with our estimate. Direct Revenue grew 5.4% QoQ in rupee terms (3.8% CC). EBITM was flat QoQ at 15.3%, coming in 10bps higher than our estimate. Among verticals, BFS, Insurance, and TMT grew 5.6%, 0.3%, and 8.2% CC QoQ, respectively, while Logistics & Transportation and Others declined 7.7% and 3.4%. Within geographies, Americas, EMEA, and RoW reported 5.2%, 2.3%, and 28.9% QoQ growth in rupee terms, respectively, while India declined 11.1% sequentially. Revenue from the top-10 and top 11-30 clients grew 5.8% and 5.7% QoQ, respectively. Total headcount was up by 248 QoQ to 31,442, after 4 consecutive quarters of a decline. What we liked: Momentum in BFS and TMT, strong deal intake and deal pipeline (up 26%/86% QoQ/YoY). What we did not like: Softness in Logistics & transportation (declined ~8%/16% QoQ/YoY).

Earnings Call KTAs

1) Macro headwinds have caused some delays in decision-making. Tech spending is likely to grow 2-3% in current environment. 2) BFSI and Healthcare are not impacted directly by tariffs, while Logistics, Supply chain, Manufacturing (particularly auto), Energy, and Railroads have been directly hit. 3) BFS growth is driven by wallet share gains, new logos, and large deals. Mortgage is stable. Insurance is poised for strong growth in FY26, backed by deal wins and pipeline. 4) Continued wins and conversion are driving revenue growth in TMT. 5) Logistics declined QoQ, impacted by macro volatility, but the pipeline remains healthy. 6) Client pyramid continues to improve, adding one client in the +USD75mn, one client in the +USD20mn, and three clients in the +USD5mn categories. 7) AI-led deals constitute 65% of the pipeline in Q4, up from 25% a year ago. 8) The company is focused on micro-level execution amid macro uncertainty, with a client-specific approach toward deal conversion and ramp-ups. 9) The management expects pace of revenue and deal conversion to continue, propelled by the savings-led transformation theme.

GEPL Season 2 Kicks Off In Bengaluru — Tune Into Star Sports And JioHotstar As Young India Powers The Rise Of Esports!

~ Day 1 of GEPL Season 2 featured four high-energy matches, including a double header for the home team Bengaluru Badgers and Mumbai Grizzlies ~

Season 2 of the highly anticipated Global e-Cricket Premier League (GEPL) powered by JetSynthesys, a global leader in digital entertainment and technology, got underway at the Koramangala Indoor Stadium in Bengaluru, marking the first time that the Garden City has hosted the league’s national launch. Conceptualised and developed by JetSynthesys, GEPL has swiftly evolved into one of India’s most structured and franchise-led esports properties — bringing together the nation's cricketing fervour and the dynamism of competitive gaming.

This season features six city-based franchises, each backed by prominent names from India’s entrepreneurial and entertainment ecosystem:

Mumbai Grizzlies – Owned by Ms. Sara Tendulkar, entrepreneur and philanthropist

Delhi Sharks – Owned by Mr. Peyush Bansal, Founder & CEO, Lenskart

Bengaluru Badgers – Co-owned by Mr. Nikhil Kamath (Co-founder, Zerodha & True Beacon), Mr. Ankit Nagori (Founder, Curefoods), and Mr. Prashant Prakash (Founding Partner, Accel India)

Chennai Falcons – Co-owned by Mr. Gopal Srinivasan (Chairman, TVS Capital Funds), Mr. Madhusudanan R (Founder, YAP), and Mr. Arjun Santhanakrishnan (Investor & Entrepreneur)

Hyderabad Rhinos – Owned by Mr. Amit Mehta, Director, LNB Group

Pune Stallions – Owned by Mr. Suniel Shetty, actor and investor

The opening day witnessed strong on-ground participation from league stakeholders, including JetSynthesys Founder & CEO Mr. Rajan Navani, and franchise owners Ms. Sara Tendulkar, Mr. Prashant Prakash, Mr. Ankit Nagori, Mr. Amit Mehta, and Mr. Gopal Srinivasan — underlining the growing investor confidence in India’s esports landscape.

Speaking at the launch, Mr. Rajan Navani said, “GEPL reflects our commitment to building structured and scalable formats that bring India’s video gaming and sports cultures together. With Bengaluru hosting the opening for the first time and some of the country’s most credible business minds backing the league, Season 2 is a leap forward in making esports more mainstream, aspirational, and commercially viable.”

Expressing her excitement, Ms. Sara Tendulkar, owner of the Mumbai franchise said, “Cricket is deeply personal for me — it's in our family's DNA, a thread that ties generations together. I’ve seen how sport can inspire, unite, and empower. With GEPL, I see the future — a bold, digital frontier of cricket that reflects how today's youth connect, compete, and create communities. I want to play my part in powering this ecosystem, where young Indians not only engage as fans but also explore exciting new career avenues.”

As a co-owner of the home team (Bengaluru Badgers), Mr. Prashant Prakash pointed to the potential of e-cricket to create national icons: “GEPL has the potential to give us the Dhoni or Virat Kohli of e-cricket — individuals who can inspire pride, followership, and global recognition.”

Highlighting the cultural relevance of Bengaluru co-owner Mr. Ankit Nagori added, “Bengaluru is at the intersection of talent, technology, and youth culture. Supporting an esports team here felt instinctive — this is where the future of fan engagement is heading.”

From an investor’s lens, Mr. Gopal Srinivasan (co-owner Chennai Falcons) said, “GEPL is a meaningful step toward building a sustainable, investable esports ecosystem in India. The league’s format and quality of participation make it an exciting platform for both business and talent.”

Mr. Amit Mehta (owner Hyderabad Rhinos), who has long championed digital-first ventures, noted, “I’ve always believed in platforms that amplify young voices. GEPL gives rising esports athletes a real shot at visibility, reward, and community recognition.”

Mr. Rohit Potphode, CEO, GEPL added, “The energy and enthusiasm we witnessed on the opening day of GEPL Season 2 was truly phenomenal. From the electric atmosphere to the incredible response from fans, players, and team owners—it was a powerful reminder of how far the league has come. This season is all about taking e-cricket to the next level, and today’s kickoff has set the perfect tone for the days ahead. We’re excited for what’s to come.”

Day 1 of GEPL Season 2 featured four high-energy matches, including a double header for the home team Bengaluru Badgers and Mumbai Grizzlies. The tournament will be streamed live on JioHotstar and broadcast across the country on Star Sports, delivering the thrill of e-cricket to millions of fans across India.

Season 2 of GEPL marks a major milestone in the league’s evolution, with player registrations soaring from 2 lakh in Season 1 to over 9.1 lakh this year — a phenomenal fivefold surge. The upcoming edition raises the bar with enhanced league dynamics, elite talent, and next-level action powered by Real Cricket 24.

This season will feature 34 high-intensity matches and an upgraded prize pool of Rs 3.05 crore (up from Rs 2.51 crore), as GEPL continues to blur the lines between traditional cricket and cutting-edge esports through its immersive gameplay and franchise-based team format.

Knowledgeum Academy Celebrates Transcendence 2025 : A Journey From Guided Learning To Global Becoming

Knowledgeum Academy, one of Bengaluru’s leading IB World Schools, marked the Graduation Day of its IBDP cohort (2023–2025) with a grand ceremony in Jayanagar Called Transcendence 2025, the event represented not only the completion of a chapter but the beginning of a new journey—one where learners step forward as thinkers, leaders, and global citizens.

This year’s theme, ‘The Beginning of Becoming’, reflects Knowledgeum Academy’s  belief that education is an ongoing journey of growth, curiosity, and purpose. It mirrors the core of the IB Diploma Programme, which encourages learners to explore deeply, think independently, and lead with confidence.

The ceremony welcomed Dr Ramya Sethuram, a distinguished astrophysicist and Project Senior Scientist at the India-TMT Centre, Indian Institute of Astrophysics, Bengaluru. With an illustrious career spanning India, China, and France, Dr Sethuram’s work in galaxy formation and astronomical instrumentation resonated deeply with the learners’ own journeys of exploration and discovery. Her presence and address inspired the graduating cohort to pursue their ambitions with curiosity, courage, and clarity.

The event was further enriched by the presence of the Academy’s founders, Dr Chenraj Roychand and Ms Aparna Prasad, whose vision has helped establish Knowledgeum Academy, backed by the JAIN Group, an educational leader with over 30 years of legacy as a forward-thinking, learner-centred international school. Sharing her thoughts at the ceremony, Ms Prasad stated:

“Transcendence is about more than academic success - it is about resilience, reinvention, and readiness for the unknown. Our learners have grown not just in knowledge, but in character, and today they stand ready to make meaningful contributions to the world. This is the beginning of who they are becoming.”

The event included a ceremonial procession, the lighting of the lamp, the transfer of leadership from the graduating cohort to their juniors, award felicitations, the yearbook reveal, and a surprise musical performance. Educators, families, and well-wishers joined in the celebration, capturing the pride and promise of the moment through heartfelt reflections.

While the graduating cohort was the focus, the Academy also celebrated its academic achievements from the previous year. In 2024, Knowledgeum Academy recorded an 81.25% pass rate, a top score of 39/45, and most learners performing above the global IB average. These results show the strength of the Academy’s academic framework, personalised learning environment, and the dedication of both learners and educators.

The graduating cohort, too, has much to celebrate. Several learners have secured early placements at prestigious institutions across the USA, UK, Italy, Switzerland, Europe, and India. From Ivy League universities to premier design, liberal arts, and technology schools, these pre-admissions affirm the Academy’s commitment to academic and career readiness. Knowledgeum’s dedicated University Guidance Programme and personalised mentorship have played a pivotal role in shaping this success.

Knowledgeum Academy continues to redefine accessibility in international education. Located in Jayanagar, Bengaluru, it offers a robust IBDP framework rooted in inquiry, interdisciplinary learning, and global citizenship. With small cohorts, experienced IB educators, and a values-driven approach, the Academy nurtures critical thinkers who are equipped not only with knowledge but with the empathy, adaptability, and leadership skills needed in the 21st century.

Transcendence 2025 was not only a celebration of what has been achieved - it also marked the beginning of what lies ahead. As the graduates step into the world, they carry forward the Knowledgeum Academy spirit: a love for learning, a sense of purpose, and the drive to help shape a better future.

To learn more about Knowledgeum Academy and its IBDP offerings, visit: www.knowledgeumacademy.in

*About Knowledgeum Academy*

Knowledgeum Academy, a pioneering educational institution under the JAIN Group, offers the globally recognised International Baccalaureate (IB) curriculum, equipping students with a holistic, inquiry-driven education that meets international standards, located in Bengaluru. Recognised as 'India's Top Emerging International School' by Education Day in 2023, the academy is dedicated to fostering a thriving environment for curious and ambitious learners. Offering the prestigious International Baccalaureate Diploma Programme (IBDP) for Grades 11 and 12, Knowledgeum Academy combines academic excellence with an engaging, interactive, and reflective learning approach. It is committed to shaping future-ready professionals equipped for global success.

Toyota Kirloskar Motor Concludes Skill Festival 2025, Reinforces Commitment To Building India’s Skilled Workforce

Reaffirming its long-standing commitment to shaping the future of India’s skilled workforce, Toyota Kirloskar Motor (TKM) today successfully concluded its much-anticipated Skill Festival 2025, held at its Bidadi facility, celebrating the spirit of vocational excellence, innovation, and youth empowerment. The event marked the culmination of months of intensive skill development programs and contests aimed at nurturing India’s future-ready talent pool.

The ceremony was graced by the presence of Dr. Ragapriya R (IAS), Commissioner, Department of Industrial Training and Employment (DITE) Government of Karnataka and senior TKM leadership. The event began with a showcase of TKM’s skill development journey—highlighting key milestones and the adoption of new-age technologies to shape talent for tomorrow. A dedicated skill exhibition and video walk-through offered glimpses into the depth and diversity of talent nurtured under TKM’s training ecosystem.

Students from partner ITIs across Karnataka also showcased their prowess in disciplines like Mechatronics, Auto Body Repair, and Prototype Modelling—emphasizing TKM’s deep investment in nurturing talent from the grassroots level.

Central to the festival were the Toyota Internal Skill Contests, hosted by the Toyota India Centre of Excellence, offering a rigorous platform for associates to compete across critical manufacturing domains—including Assembly, Welding, Press, Paint, Maintenance, Logistics, and Quality. From 5,800 participants, the top three performers from each department underwent four weeks of intensive training at Gurukul, Toyota’s in-house skilling academy. A total of 51 finalists were felicitated during the grand ceremony for their outstanding achievements.

Following further advanced training and evaluation over the next three months, 17 exceptional performers will be selected to represent TKM at the Global Skill Contest in August 2025—bringing Indian manufacturing talent to the global spotlight.

Speaking on Toyota’s sustained skilling efforts, Dr. Ragapriya R (IAS), Commissioner, Department of Industrial Training and Employment (DITE), Government of Karnataka said, “Empowering youth with future-ready skills is the cornerstone of Karnataka’s growth and India’s development. The Skill Festival hosted by TKM is a powerful demonstration of how industry can play a transformative role in shaping the future of our workforce. By equipping youth with practical skills and global exposure, TKM is not only supporting the Government’s vision of a skilled India but also empowering communities across Karnataka. I am happy that Faculty and the ITIs are being developed through the Skill Festival. I applaud Toyota’s commitment to inclusive, grassroots-driven development, and their continued partnership in strengthening the state’s skilling ecosystem.”

Sharing his thoughts, Mr. G. Shankara – Executive Vice President, Finance and Administration, Toyota Kirloskar Motor said, “At Toyota, our unwavering commitment to manufacturing the highest quality cars is deeply rooted in the passion and craftsmanship of our people—what we call Kotozukuri. Recognizing that excellence in manufacturing begins with excellence in people, we place skilling and people development at the core of our mission. Through focused efforts to nurture rural youth and equip them with world-class technical competencies, we are building future-ready professionals while contributing meaningfully to the socio-economic development of the nation. Initiatives like the Skill Festival, our support to ITIs, and advanced training programs reflect our broader vision of building a self-reliant, future-ready workforce—while also contributing to India’s journey as a global manufacturing hub.”

Paving India’s Path at the WorldSkills Competition

A key highlight was TKM’s continued contribution to India’s growing stature at the prestigious WorldSkills Competition—the “Skill Olympics” hosted biennially since 1950. The next edition is set to take place in Shanghai, China on September 18, 2025, with participation from over 1,400 competitors from 65 countries, spanning 59 official and 5 showcase skills across six major sectors.

Over the years, India’s WorldSkills candidates trained by TKM have consistently made the nation proud, securing three Bronze Medals in Mechatronics and Prototype Modelling and winning the Medallion for Excellence in Mechatronics and Additive Manufacturing in successive editions from 2015 to 2022.

Strengthening Karnataka’s Skilling Ecosystem

Toyota Kirloskar Motor (TKM) has significantly extended its skilling mission beyond the boundaries of its manufacturing facilities, playing a pivotal role in advancing Karnataka’s technical education and vocational training landscape. In alignment with the Government of India’s Skill India Mission and Make in India vision, TKM has built a comprehensive and inclusive skilling ecosystem aimed at empowering youth, enhancing institutional capacities, and fostering future-ready professionals.

Partnering with the government and educational institutions, TKM has supported the development of 80 technical institutes across the state, including 60 ITIs and 20 GTTCs, with recent efforts in FY 2024–25 enabling 17 new government institutes. Its comprehensive initiatives include faculty development programs for principals and trainers, the Toyota Youth Connect program—which engaged over 7,700 students in 31 districts to promote industry exposure and employability—and the Developing Safety Mindset campaign, which reinforced a culture of safety across 25 partner ITIs.

These efforts are bolstered by the Toyota Technical Training Institute (TTTI), which now offers technical education to over 1,000 students—including up to 600 girls—with a 100% placement record. Additionally, initiatives like the Toyota Kaushalya ‘Learn & Earn’ program, specialized GTTC training, Toyota Gurukul, and the establishment of 26 Centres of Excellence further demonstrate TKM’s deep commitment to building a skilled, future-ready workforce in Karnataka.

The Skill Festival 2025 reaffirmed TKM’s pivotal role in India’s skilling landscape—demonstrating how localized capability development, global benchmarking, and deep partnerships with government and academia can together shape the next generation of Indian industry leaders.

Manipal Academy Of Higher Education To Unveil Manipal Hospice And Respite Centre

Manipal Academy of Higher Education (MAHE) Manipal, announces the unveiling of India’s one of its kind, Manipal Hospice and Respite Centre (MHRC), which will be formally inaugurated on April 30, 2025, by Hon’ble Justice Shri Syed Abdul Nazeer, His Excellency Governor of Andhra Pradesh.  It will commence clinical services from July 2025.  This high social impact initiative by MAHE is entirely free of cost and aims to be a one-stop destination for excellent compassionate holistic palliative care.  It will provide comprehensive hospice and respite care to patients and their families facing serious and life-limiting illnesses.

The facility is strategically planned to operate with support from multiple partners, including Kasturba Medical College, Kasturba Hospital Manipal, and Indian Association of Palliative Care offering specialist palliative care by a multidisciplinary team of trained palliative medicine physicians, nurses, psychologists, social workers, and other support team, alongside several corporates and non-profit organizations contributing to its funding.  Situated just 4.5 kilometers from Kasturba Medical College Hospital and 4 kilometers from NH-66, the Manipal Hospice and Respite Centre (MHRC) is set within a peaceful 12-acre green campus, nestled along the tranquil banks of the Swarna River.

Speaking at the press conference, Dr HS Ballal, Pro-Chancellor of MAHE, Manipal, said “our commitment has always extended beyond education and research to encompass the values of empathy, dignity, and humanity. The idea behind creating this unique facility that combines medical excellence with a nurturing environment is to provide an ecosystem of compassion and patient-centric care for those facing life-limiting conditions.”  Designed to nurture emotional and spiritual well-being alongside physical care, it reflects our belief that healing must embrace the whole person—not just the disease, he added.

Expressing his happiness ahead of the launch, Lt Gen (Dr) MD Venkatesh, VSM (Retd.), Vice Chancellor, MAHE, Manipal said, "MHRC is a pathbreaking initiative that advances our mission to deliver specialized, empathetic, and academically rooted healthcare. As the only hospice in India affiliated with both a medical college and a tertiary hospital, it is uniquely positioned to provide advanced palliative care while serving as a training ground for future caregivers.  The services offered through this high-impact initiative will be provided entirely free of cost to patients and families facing serious and life-limiting conditions."

Dr Sharath K. Rao, Pro Vice-Chancellor -Health Sciences, Dr Narayana Sabhahit, Pro Vice-Chancellor (Technology & Science), Dr Raviraja NS, Chief Operating Officer. Dr. Giridhar Kini, Registrar of MAHE and Dr. Naveen Salins, Professor and Head, Department of Palliative Medicine and Supportive Care, and Dr. Seema Rajesh Rao, Director, Manipal Hospice and Respite Centre (MHRC) also spoke on the occasion.

MHRC is different from other hospice facilities because of its unique and strategic inclusion of advanced palliative care with research and education. The facility is developed to be only hospice in India attached to both a medical college and tertiary care hospital, that caters to cancer and non-cancer conditions.  MHRC will provide innovative care models while training the next generation of palliative care specialists.

About Manipal Academy of Higher Education:

Manipal Academy of Higher Education (MAHE) is an Institution of Eminence Deemed-to-be University. MAHE offers over 400 specializations across the Health Sciences (HS), Management, Law, Humanities & Social Sciences (MLHS), and Technology & Science (T&S) streams through its constituent units at campuses in Manipal, Mangalore, Bangalore, Jamshedpur, and Dubai. With a remarkable academic track record, state-of-the-art infrastructure, and significant research contributions, MAHE has earned recognition and acclaim nationally and internationally. In October 2020, the Ministry of Education, Government of India, awarded MAHE the prestigious Institution of Eminence status. Currently ranked 4th in the National Institutional Ranking Framework (NIRF), MAHE is the preferred choice for students seeking transformative learning experience and an enriching campus life and for national & multi-national corporates looking for top talent.

Hero MotoCorp Bolsters Its Presence In SriLanka With New Products

* POWERS UP THE 110cc SCOOTER CATEGORY IN THE ISLAND NATION WITH HERO XOOM

* INTRODUCES RANGE OF MOTORCYCLES - HUNK 160R 4V, XTREME 125R AND HF DELUXE

* BUILDS ROBUST SALES & SERVICE NETWORK WITH 500 TOUCHPOINTS

Demonstrating its commitment to providing world-class mobility solutions and deepening its presence in key global markets, Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, today announced the launch of four new products – Xoom 110 scooter, Hunk 160R 4V, Xtreme 125R and HF Deluxe motorcycles in partnership with its long-standing distributor, Abans Auto in Sri Lanka.

Hero MotoCorp has been present in Sri Lanka since 2012 through its trusted distributor partner –Abans Auto. Strengthening this presence, the company will support its new product lineup with a robust sales and service network, reaching over 500 customer touchpoints across the country by May 2025. This wide-reaching network will ensure convenient access to genuine spare parts and high-quality after-sales service for customers across Sri Lanka.

Hero MotoCorp’s new product line-up in Sri Lanka includes –

Xoom 110 – A sporty, compact scooter packed with features, designed to offer agility and ease for everyday urban commuting. The Hero Xoom will be Sri Lanka’s first and only scooter in the 110cc category.

Hunk 160R 4V – A muscular and performance-driven streetfighter built for thrill-seekers, now comes with ABS for an added safety

Xtreme 125R – A dynamic new contender in the 125cc segment, offering an ideal balance of power, performance, and style

HF Deluxe – A trusted and reliable commuter motorcycle, is now available in all-black edition with refreshed bold presence for a more striking road presence

To make ownership even more accessible, Hero MotoCorp will soon open pre-bookings for the muscular Hunk 160R 4V and the stylish Xtreme 125R.

Speaking on the development, Mr. Sanjay Bhan, Executive Vice President, Hero MotoCorp, said, “Sri Lanka has held a position of strategic importance in our global plans. Our partnership with Abans Auto has not only established Hero as a trusted brand, but also helped us build deep-rooted confidence in the market. Our new line-up of cutting-edge motorcycles and feature-rich scooters bring together performance, style, and technology, delivering a world-class riding and ownership experience. With the launch of these new products and a robust sales and service ecosystem, we are confident of rapidly growing our presence and deepening our engagement with customers in Sri Lanka.”

Mr. Rusi Pestonjee, Managing Director, Abans Auto (Pvt) Ltd, said, "We are proud to strengthen our partnership with Hero MotoCorp, a brand that stands for innovation, reliability and customer trust. Over the years, Hero has become a highly respected name in Sri Lanka, and this exciting new range of technologically advanced, stylish, and performance-driven products further reinforces our shared commitment to delivering the high-quality two-wheeler offerings. With an expanding sales and service footprint of over 500 customer touchpoints across the country, we are confident that these new launches will resonate strongly with customers and accelerate Hero’s growth journey in Sri Lanka."

PRODUCTS ANNEXURE

Xoom 110

The Hero Xoom 110 brings a refreshing burst of sporty styling and futuristic design to Sri Lanka’s scooter segment. Its aerodynamic bodywork, aggressive LED headlamps, signature H-shaped tail lamp, and bold color palette give it an unmistakably edgy look. Compact yet commanding, the Xoom is designed for young urban riders who seek a perfect mix of style, agility, and everyday practicality.

The Xoom is powered by a 110cc, air-cooled engine, delivering peppy performance and responsive acceleration suited for city riding. The scooter features Hero’s patented i3S technology for improved fuel efficiency, a front disc brake with CBS, and Telescopic Front Suspension for confident handling and ride comfort. With a digital speedometer, ample under-seat storage, and a lightweight frame, the Xoom 110 is engineered to offer a seamless and fun ride, making it an ideal choice for urban commuters in Sri Lanka.

Hunk 160R 4V

The Hero Hunk 160R 4V brings an unmistakable muscular streetfighter exuding raw attitude and athletic energy. With aggressive tank shrouds, an all-LED lighting setup, sculpted bodywork, and a sporty split seat, the Hunk 160R is built to stand out on city streets and highways alike. Its bold stance is complemented by premium finishes and dynamic colour options, making it the perfect expression of performance and style for the next-gen rider.

Powered by a 163cc 4-valve, air-oil cooled engine, the Hunk 160R delivers a thrilling 16.6 bhp power and torque-rich acceleration, ideal for spirited city rides and open stretches. The bike is equipped with a 5-speed gearbox, single-channel ABS, and a lightweight yet rigid diamond frame chassis—ensuring nimble handling and superior braking performance. Additional features such as a fully digital LCD display, side-stand engine cut-off, and a comfortable upright riding posture make the Hunk 160R a complete package.

Xtreme 125R

The Xtreme 125R, a dynamic and sporty motorcycle, brings a new dimension to the entry-level performance segment. At its heart is the powerful 125cc sprint engine delivering an impressive 11.4 bhp power, fast acceleration, and fuel efficiency. With a bold, chiselled design and first-in-segment LED lighting, it stands out on every street. The Bluetooth-enabled LCD instrument cluster brings smart connectivity to everyday rides.

The motorcycle features a lightweight diamond frame, a class-leading 120/80 rear tyre, and a precision-tuned 37mm Showa front suspension, offering unmatched handling and comfort. Safety is elevated with first-in-segment single-channel ABS, a robust 276mm front disc brake, and a hazard lamp, ensuring enhanced protection in all riding conditions.

HF Deluxe

The Hero HF Deluxe arrives in Sri Lanka with a striking new All-Black Edition, featuring bold graphics, black alloy wheels, and a contemporary design that reflects confidence and everyday toughness. Its ergonomically designed seat, stylish headlamp, and body-colored mirrors seamlessly blend utility with visual appeal, making it a perfect companion for both city commutes and rural rides.

Under the hood, the HF Deluxe is powered by a 97.2cc air-cooled, 4-stroke engine offering enhanced fuel efficiency without compromising on performance. With a 4-speed gearbox, superior ground clearance, and a longer front suspension, the motorcycle delivers a smooth, stable ride even on challenging terrains. HF Deluxe is equipped with tubeless tyres for higher on road safety. Designed for durability, performance, and comfort, the HF Deluxe is engineered to be the smart choice for the everyday Sri Lankan rider.

Kinley Soda Crosses Rs 1,500 Crore In India, Strengthening Coca-Cola’s Consumer-Centric Growth Strategy

Kinley Soda, a leading brand from Coca-Cola has crossed the Rs 1,500 crore revenue mark, driven by consistency, quality, and consumer trust. Built on a sharp, demand-led portfolio, this milestone highlights the company’s strategy of making a wide range of beverages accessible to consumers.

For over two decades, Kinley has grown with Bharat, becoming a part of both daily and celebratory moments. From nimbu sodas at street-side thelas to premium hospitality mixers, the brand has built a reputation as a dependable, high-quality soda. Its crisp taste and signature carbonation have made it a staple across occasions, outlets, and generations.

Today, available in formats ranging from 200ml to 2.25L PET, Kinley Soda is accessible across 1.4 million+ retail outlets in India, from your local kirana stores to quick commerce like Swiggy and Zepto, to premium shelves.

As Kinley continues to lead in the soda category, Coca-Cola India is amplifying its presence with a refreshed and new brand identity for Kinley Strong Soda, reinforcing its commitment to quality and consumer trust.

Vinay Nair, Vice President, Franchise Operations, Developing Markets, Coca-Cola India and Southwest Asia said, "Kinley Soda’s success is rooted in trust, consistency, and quality. We’ve focused on execution, not exaggeration, and that discipline sets our portfolio apart. By listening deeply and innovating with intent, we’ve expanded the brand across every channel. This milestone celebrates the people who choose Kinley every day and reflects our strategy to build purposeful, demand-led brands. We’ll continue growing with the same consumer-first mindset because that’s what drives real scale."

The Kinley Soda success story underscores Coca-Cola India’s commitment to leading the market with purposeful innovation, backed by data-led decisions, supply chain strength, and a sharp focus on what consumers seek in refreshment.

About Coca-Cola India

Coca-Cola in India is one of the country’s leading beverage companies, offering a range of high-quality and refreshing beverage options to consumers. The company, in line with its vision of ‘Beverages for Life’, offers a wide portfolio of products which includes hydration, sports, sparkling, coffee, tea, nutrition, juice and dairy based products. In India its beverage range includes Coca-Cola, Coca-Cola Zero Sugar, Diet Coke, Thums Up, Charged by Thums Up, Fanta, Limca, Sprite, Maaza, Minute Maid range of juices and juice beverages. The Company also offers hydration beverages including Limca Sportz, Smartwater, Kinley, Dasani and Bonaqua packaged drinking water and Kinley Club Soda. Premium products constitute Schweppes range and Smartwater. In addition, it offers Costa Coffee and organic green tea-based beverage- Honest Tea amongst its range of coffee and Tea. The Company is constantly transforming its portfolio, from reducing sugar in its drinks to bringing innovative new products to market.

The Company along with its owned bottling operations and franchise bottling partners has a strong network of close to 4 million retail outlets through which it refreshes millions of consumers across the country. It seeks to positively impact people’s lives, communities and the planet through water replenishment, packaging recycling, sustainable agriculture initiatives and carbon emission reductions across its value chain.

Globally together with its bottling partners, The Coca-Cola Company employs more than 700,000 people, helping to bring economic opportunity to local communities worldwide. Learn more at www.cocacolacompany.com and follow us on Twitter, Instagram, Facebook and LinkedIn.