MAM
Amazon Music presents India Pod Day, hosted by IVM Podcasts and Westland Books
Mumbai: Amazon Music presents an extraordinary live podcast event ‘India Pod Day’ hosted by India’s premiere podcast network ‘IVM Podcasts’ and an award-winning Indian publisher ‘Westland Books’. The event will take place on 17 October 2023 at St. Andrews Auditorium, Mumbai.
Highlighting the event’s star-studded lineup, ‘India Pod Day’ will feature renowned figures like Javed Akhtar, the prolific lyricist, poet, screenplay writer and author joining live with Cyrus Broacha on his popular podcast, ‘Cyrus Says’ where he will talk about his recent released book ‘Talking Life’. Additionally, Hussain Zaidi, will go live on the podcast ‘Has It Aged Well’. Hussian is a prominent journalist and author, who is known for his bestselling books like Dongri To Dubai, Mafia Queens Of Mumbai and Black Friday.
India Pod Day is set to bring together IVM Podcasts hosts and renowned authors for a day of insightful panel discussions, interactive workshops, and captivating live podcast experience. The event will be specially dedicated to and shine the spotlight on IVM Podcast hosts.
Designed to welcome both seasoned podcast aficionados and newcomers, India Pod Day will celebrate the dynamic medium of podcasting and its rapidly growing audience. It offers a unique opportunity to foster a community centred around smart listeners, and intelligent content and encourages the cross-pollination of diverse audiences.
IVM Podcasts- Pratilipi head Amit Doshi said “India Pod Day is a milestone in the world of podcasting. We are thrilled to collaborate with Amazon Music to create an unforgettable experience for podcast enthusiasts. We cannot wait to see the connections and conversations that will emerge.”
IVM Podcasts- Pratilipi co-founder Kavita Rajwade commented “India Pod Day will see innovation and creativity converge to showcase the incredible potential of the podcast medium. We will see voices meet stories, and stories create connections.”
Westland Books business head Gautam Padmanabhan said, “We are delighted to be partnering with IVM and Amazon Music to foreground the conversation about new narratives and collaborative formats. Taking our books and writers to listeners and viewers as well as readers is an exciting prospect and an event like this allows us to explore the possibilities with a live audience.”
India Pod Day promises an unforgettable day of inspiration, knowledge, and entertainment.
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.
