Brands
BabyChakra and The Moms Co. unveil #ChangeMakers 2023
Mumbai: BabyChakra, India’s parenting platform in collaboration with The Moms Co, a mother and baby care brand, present #ChangeMakers 2023—the definitive list of 15 inspirational women reshaping the narrative of India’s future.
A #ChangeMaker, by definition, is an individual who actively contributes to positive and impactful change in a specific field, community, or society. These remarkable women are being recognised for their innovative ideas, initiatives, and leadership, playing a pivotal role in inspiring, influencing, and driving positive transformations across the nation.
Co-founder Good Glamm Group, CEO Good Community and founder, BabyChakra Naiyya Saggi shared, “At BabyChakra, we believe in celebrating those who drive change and shape the future. We equally are in the pursuit of highlighting stories to ensure mothers and the general public at large don’t take motherhood to be a full stop to ambition and to creating wide scale impact. The 4th edition of the much awaited #ChangeMakers list of 2023 includes exceptional women who are building large successful businesses or are role models for millions through their voice or presence in the arts but are also leading the way towards a more inclusive and sustainable India.”
Good Brands Co. Good Glamm Group CEO Sukhleen Aneja shared, “Sustainable progress requires recognizing and celebrating the efforts of those who pave the way for positive change. The #ChangeMakers 2023 initiative by BabyChakra and The Moms Co. is a tribute to the resilience and vision of mompreneurs who are not just making an impact today but are architects of a more inclusive and sustainable tomorrow. At Good Brands Co., we are proud to support this endeavour, creating a better world for the generations to come.”
The #ChangeMakers campaign, an annual joint initiative by BabyChakra and The Moms Co., applauds the endeavours of these champions of change—women who have overcome myriad obstacles to voice their opinions and champion positive transformations in society. The campaign specifically highlights the achievements of 15 trailblazing women who are actively driving gender parity through innovation and technology. These women are at the forefront of pioneering campaigns that disrupt the status quo, contributing significantly to a more sustainable and inclusive future. The #ChangeMakers 2023 list aims to inspire others and recognize the invaluable contributions of these women in shaping a better India for generations to come.
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.







