Brands
Asian Paints splashes Sea Link in colour to mark landmark BCCI partnership
MUMBAI: Colour took centre stage in Mumbai last night as Asian Paints gave the Bandra–Worli Sea Link a technicolour makeover to celebrate its new role as the official colour partner of the BCCI for India’s home cricket season.
In a spectacle that washed the city’s skyline in waves of vivid light, the Sea Link transformed into a living canvas, glowing with dynamic shades drawn from Asian Paints’ massive palette of more than 5,300 hues. Each burst of colour symbolised the emotion, energy and unmistakable passion that cricket stirs across the nation.
For Asian Paints, the choice of the Sea Link was no accident. The iconic structure stands for connection, movement and progress, values deeply rooted in both Indian cricket and the brand’s own journey. Turning it into a public light show ensured the celebration wasn’t confined to a press note but splashed boldly across the city for fans to share.
This moment also marks a first: no other brand from the paints and décor category has partnered with the BCCI before. For a company long regarded as India’s authority on colour and design, the collaboration signals more than a marketing tie-up, it highlights how art, sport and storytelling can blend to create cultural moments that linger.
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.
