MAM
Blue Dart launches GoGreen digital initiative in line with global ESG benchmarking
MUMBAI: South Asia’s express air and integrated transportation & distribution company, Blue Dart, has announced paperless transactions on their new digital portal for all vendor partners.
The online launch event of the paperless technology was a registered event with the United Nations Environmental Programme (UNEP) to mark the World Environment Day. Under the new sustainability roadmap, Blue Dart has made significant investments in developing future-ready technology to protect the environment and deliver excellence in a sustainable way.
It has executed over 50 per cent of its customer invoices online and is working towards achieving a 100 per cent transition. “Manufacturing paper is energy-intensive; one A4 sheet requires approximately 50 watt-hours. Going paperless will help conserve energy, reduce CO2 emissions, avoid deforestation, protect the natural habitat and strengthen forest-based livelihood opportunities for the surrounding communities,” it said. The group has also planted 1, 11,000 trees annually, in order to offset 22, 20,000 kg of carbon per year upon their maturity.
Blue Dart managing director Balfour Manuel said, “This initiative is our endeavour to inculcate sustainable business practices and at the same time raise the bar on innovation. Blue Dart is a market leader and we believe that if we navigate through our sustainability roadmap, we will be able to contribute to reducing India’s, and in the larger scheme of things, the World’s climate change issue – one step at a time.”
The company said it has committed this decade to its efforts towards ecosystem restoration, while recognising the importance of fighting climate change and is integrating robust Environmental Social and Governance (ESG) mechanisms into this decade of ecosystem restoration.
ESG is the new buzzword among multinational corporations, particularly in Europe, where compliance of these parameters has prompted most companies to adopt it as the prescribed mandatory compliance standard. In India too, the benchmarking is being slowly introduced with a recent advisory issued by the Securities and Exchange Board of India (SEBI) in March.
Blue Dart chief financial officer, Aneel Gambhir said, “In the journey of being an ESG compliant organisation, we have identified sustainable ways to carry out business operations. We are committed to giving back to the community in which we operate and at the same time, we are doing all that it takes to restore and protect our environment. The pandemic era combined with climate change emphasises the urgent need for organisations to invest in the ecosystem, before it’s too late.”
Blue Dart’s new sustainability roadmap calls for clean operations for climate protection, a great company to work for all, as well as building a highly trusted company. The express logistics provider has launched many initiatives to ensure it is doing its bit to aid the world in the battle against climate change and global warming. The company aims to make all their owned or leased facilities operate at net zero carbon (footprint) by 2025, drive increased efficiency and use cleaner fuels within their fleet of six Boeing 757 freighters, support customers with sustainable and optimized packaging solutions and design greener products and services through comprehensive solutions.
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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.
