MAM
BUDX is all set to enthrall hyderabad with an epic music and cultural experience
MUMBAI: Budweiser Experiences is back with another session of its much celebrated programme, BUDX and will for the first time bring the exhilarating experience to music enthusiasts in Hyderabad.Following the recently concluded Bangalore edition, BUDXHYD is slated for 13th September at Prism Club & Kitchen,and will unite tastemakers, international talent and fans through energizing workshops, masterclasses and live programming. It will continue to shine a light on the emerging music culture, keeping at its core the development and collaboration of artists in diverse genres – ranging from hip-hop to techno.
The dynamic Hyderabad soundscape serves as a great backdrop and BUDX will bring an eclectic line-up of artists to the city. The festival, divided into two stages, will offer a perfectamalgamation of what the city loves while introducing the audience to an array of freshsounds. BUDXHYDwill showcasea collaborative set curated by DIVINE and artists from his own label, GULLY GANG,D’Evil, Aavrutti, Shah Rule, JD and DJ Proof. The stage will also host explosive sets by home-grown artists – Seedhe Maut x Sez On The Beat and OX7GEN, a perfect alchemy of hip-hop and electronic music. International sensationTruncate will revel music enthusiasts withdeep, raw techno and house. Brewing a kaleidoscope of sounds, the event will also feature Lifafa and dotdat.
Since its inception, BUDX has aimed to sparkconversations around importantdevelopments in the realmof music and culture.
Commenting on this, Kartikeya Sharma, Vice President Marketing – SouthAsia, AB InBev opined,“We are thrilled to kick-start the forthcoming edition of BUDX in Hyderabad. With the emerging music scene in the city, consumers have grown to enjoy a diverse music palette, discovering and exploring new and fresh sounds. This very understanding shapes our efforts and through BUDX, we always strive to create a unique, immersive cultural experience for music enthusiasts and offer fresh talent with the right opportunities and platforms. The objective is to energise artists to seize opportunities that are not only self-empowering but also help grow the music scene as a whole. We are confident that with every new city we take BUDX to, we will continue our journey to build a community of music evangelists and enthusiasts.”
Grab your tickets now on bookmyshow.com!
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.
