Brands
Bakingo stirs up a Kitkat crafted dessert lineup
MUMBAI: Bakingo has teamed up with India’s most loved chocolate brand Kitkat to whip up a fresh line of desserts that promises chocolate lovers a sweet new reason to celebrate. The new range features cupcakes, brownies, pastries and cakes made with Kitkat crispy coated wafer, adding a playful crunch to Bakingo’s well known indulgent bakes.
The brand, recognised for delivering joy through its dependable and flavour rich menu, has folded Kitkat into its creations to offer a chocolatey twist that stands out. From cupcakes topped with lavish frosting to brownies that hide gooey Kitkat goodness, the collection is built to charm anyone with a sweet tooth.
Bakingo co-founder Himanshu Chawla, said the partnership marks an exciting step for the brand. He noted that Bakingo has always aimed to craft memorable treats and that adding Kitkat helps create an experience that feels new yet comfortingly familiar.
Nestlé Professional director Saurabh Makhija, said Kitkat brings global appeal to any dessert it touches and hinted that the collaboration is set to raise Bakingo’s already popular offerings. His message was simple: fans should get ready for desserts that are lighter, brighter and simply more fun.
The full range is now live on Bakingo’s online store, with nationwide delivery making it easy for customers to dig into the crunchy, chocolate laden lineup from the comfort of home.
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.
