Sapphire Foods India Limited announced its audited financial results for the quarter and financial year ended March 31, 2026, following a Board Meeting on April 28, 2026. For the quarter, the company reported consolidated revenue of Rs. 7,922.23 million, representing a decline of 2.65% compared to the previous quarter’s Rs. 8,138.29 million, but an increase of 11.37% from the corresponding quarter last year. The company posted a consolidated net loss of Rs. 126.21 million for the quarter, widening from a loss of Rs. 48.08 million in the previous quarter and a reversal from a profit of Rs. 20.24 million in the same quarter last year.

Sapphire Foods India Limited is one of the largest franchisees of Yum! Brands in the Indian subcontinent, operating prominent Quick Service Restaurant (QSR) brands including KFC, Pizza Hut, and Taco Bell. As of March 2026, the group operates across India, Sri Lanka, and the Maldives through various subsidiaries such as Gamma Pizzakraft and French Restaurants Private Limited. In addition to the financial results, the company announced the resignation of its Chief Technology Officer, Mr. Amar Patel, and the re-appointment of Mr. Sanjay Purohit as Whole Time Director and Group CEO for a five-year term. The company is also progressing toward a proposed merger with Devyani International Limited.