Brands
Oris Aquis Red Limited Edition
MUMBAI: A keen supporter of the Red Sea Environmental Centre’s work to protect one of the world’s top diving sites, Swiss watch manufacturer Oris is delighted to unveil the new Aquis Red Limited Edition. Dedicated to the ongoing support of marine life projects, the latest addition to the Aquis collection celebrates Oris’ commitment to preserving this idyllic seawater inlet.
Nestled between Africa and Asia, the Indian Ocean’s Red Sea is not only one of the world’s top diving sites but also boasts one of the planet’s most diverse ecosystems. A delicately balanced and thriving subaquatic environment that homes over 1,200 species of tropical marine life, the conservation of this lush underwater paradise is overseen by the RSEC.
Oris’ new Aquis Red Limited Edition is dedicated to the important role played by the RSEC. Revamping its sportive Aquis case design with striking red accenting, Oris’ new specialist diving watch clearly displays its allegiance to the Red Sea on its numerals, second hand and the minute-scale upon its unidirectional top ring.
Combatting the wetsuit compression caused by underwater pressure and the need for adjustments whilst below the surface, Oris’ safety anchor and sliding sledge clasp keep the watch attached to the wrist and easily adjustable at all times. Water- resistant to 300m and limited to only 2,000 pieces, the new Oris Aquis Red Limited Edition is presented in a special set.
A tribute to the Red Sea’s wondrous depths and a call to arms for its preservation, this stunning timepiece is the ideal diving companion for those looking for an eye-catching aesthetic underpinned with an environmental consciousness.
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.
