Brands
Renault India embarks on an aggressive nationwide network expansion plan
MUMBAI: Renault India is aggressively expanding its network reach across the country. The brand will increase its dealership network from 208 facilities to 240 facilities by the end of this year. This expansion plan has been developed to make Renault cars accessible to more people across the country, and will play a key role in growing Renault’s aggressive business strategy in India.
Renault has a clear focus on building the brand in India, and expanding the network presence is imperative to achieve this objective. The company is working hard to make its products and services more accessible across the country, with an equal focus on growing its presence in metros as well as in the hinterlands of India.
All the new Renault India dealerships being inaugurated are designed according to the RENAULTSTORE concept. RENAULTSTORE is a new generation of dealerships which has been conceptualized to best address the evolving needs of customers by highlighting the value of the brand, products, services and accessories in a modern and more effective manner. These new generation dealerships offer customers an excellent brand experience – from the test drive, to delivery and after-sales support.
Renault is one of the fastest growing automotive brands in India, and is working at achieving a 5% market share by this year. With more dealership launches in the pipeline to reach its target of 240 dealerships by the end of this year, Renault is focusing on moving closer to its customers and providing them with the most enhanced ownership experience.
Brands
Sapphire Foods FY26 revenue rises to Rs 3,125 crore, posts loss
Q4 revenue at Rs 792 crore, FY26 loss at Rs 32 crore amid cost pressures.
MUMBAI: If growth is on the menu, profitability seems to have taken a brief detour. Sapphire Foods India reported a steady rise in topline for FY26, even as rising costs weighed on profitability. Revenue from operations grew to Rs 3,125 crore for the year ended March 31, 2026, up from Rs 2,882 crore in FY25. However, the company swung to a loss, reporting a net loss of Rs 32 crore for FY26, compared to a profit of Rs 17 crore in the previous year. Total income for the year stood at Rs 3,153 crore, while total expenses climbed to Rs 3,167 crore, reflecting pressure across key cost heads.
In the March quarter, revenue came in at Rs 792 crore, compared to Rs 711 crore in the same period last year. The company reported a quarterly net loss of Rs 13 crore, against a profit of Rs 2 crore a year earlier.
Cost pressures remained visible across operations. Material costs rose to Rs 995 crore for FY26, while employee expenses increased to Rs 428 crore. Other expenses, the largest component, stood at Rs 1,229 crore, underscoring the impact of store operations and expansion-related spends.
Depreciation and amortisation expenses also climbed to Rs 392 crore for the year, reflecting continued investments in store infrastructure and growth.
At the operating level, the company reported a loss before tax of Rs 37 crore for FY26, compared to a profit of Rs 23 crore in FY25. Exceptional items added Rs 24 crore to the cost burden during the year.
On the balance sheet, total assets rose to Rs 3,256 crore as of March 31, 2026, up from Rs 3,041 crore a year earlier, indicating ongoing expansion. Net worth stood at Rs 1,389 crore.
Despite profitability pressures, operating cash flow remained resilient at Rs 507 crore, highlighting underlying business strength and demand stability.
The numbers paint a familiar picture in the quick-service restaurant space, growth continues to be served hot, but margins are still finding their footing.
