Brands
Hindustan Media Ventures reports 32 per cent higher PAT in FY-2014
BENGALURU: Hindi newspaper ‘Hindustan’, Hindi socio cultural magazine ‘Kadambini’ and children’s Hindi magazine ‘Nandan’ publishers Hindustan Media Ventures Limited (HMVL – not to be confused with HT Media Limited of Hindustan Times, Mint and Fever FM fame) reported a 31.58 per cent growth in PAT at Rs111.21 crore (15.24 per cent of Income from Operations or Op Inc) in FY-2014, as compared to the Rs 84.52 crore (13.28 per cent of Op Inc) in FY-2013.
Note: Rs 100 lakh = Rs100,00,000 = Rs 1 crore = Rs 10 million
HMVL chairperson Shobhana Bhartia said, “We are glad to close the year with a strong growth in revenue and profitability. While our pricing initiatives have contributed to top-line growth, our sustained cost control measures have ensured an increase in profitability despite rising input costs.”
“This year’s performance also reaffirms Hindustan’s dominance in Bihar and Jharkhand and its stature as the fastest growing daily in Uttar Pradesh and Uttarakhand. With a strong brand, growing readership, and healthy balance sheet, we are confident that we will continue to deliver value to our shareholders,” added Bhartia.
Let us look at the other main numbers reported by HMVL for Q4-2014 and FY-2014
HMVL PAT in Q4-2014 at Rs 27.21 crore (14.80 per cent of Op Inc) was (-5.21) per cent lower than the immediate trailing quarter Q3-2014 PAT of Rs 28.79 crore (15.26 per cent of Op Inc, but 19.87 per cent more than the year ago quarter Q4-2013 PAT of Rs 22.70 crore (14.61 per cent of Op Inc).
HMVL reported slightly lower Op Inc in Q4-2014 at Rs183.18 crore (-2.53 per cent lower) than the Rs188.65 crore in Q3-2014, but 18.32 per cent higher than the Rs155.41 crore in Q3-2013.
For FY-2014, HMVL Op Inc at Rs 729.72 crore was 14.69 per cent higher than the Rs 636.27 crore in FY-2013.
HMVL Total Expense in Q4-2014 at Rs155.58 crore was (-1.09) per cent lower than the Rs157.30 crore in Q3-2014 and 18.52 per cent more than the Rs131.27 crore in Q4-2013. In FY-2014, Total Expense at Rs 600.04 crore was 10.02 per cent more than the Rs 545.41 crore in FY-2013.
Raw materials constitute almost half of HMVL’s Total Expense. The company spent Rs 80.76 crore (51.91 per cent of Total Expense) in Q4-2014 which was 0.16 per cent more q-o-q than the Rs 80.63 crore (51.26 per cent of Total Expense) in Q3-2013 and 27.52 per cent more y-o-y than the Rs 63.33 crore (48.24 per cent of Total Expense) in Q4-2013. In FY-2013, the company spent Rs 300.44 crore towards raw materials (50.07 per cent of Total expense) which was 13.47 per cent more than the Rs 264.78 crore (48.55 per cent of Total Expense).
The company says that EBITDA increased by 29 per cent to Rs 181.8 crore from Rs 141 crore primarily due to growth in advertising and circulation revenues.
It says that growth was partially offset by increase in consumption of raw materials due to increase in newsprint price and consumption.
It saw an 8 per cent increase in employee costs to Rs 86.6 crore from Rs 80.4 crore; a 7 per cent increase in other expenditure to Rs 191.4 crore from Rs 178.7 crore due to increase in advertising and sales promotions expense.
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.







