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Dibakar Dey joins Act Fibernet as head of service delivery
PUNE: Dibakar Dey has been appointed head of service delivery at Act Fibernet in Pune, where he will oversee operational performance and work to elevate customer experience across the company’s services.
The move follows a productive stint at OneOTT intertainment Ltd, where Dey served as general manager and regional head east for One Broadband. In that role, he focused on expanding both home and enterprise broadband businesses by building alliances with ISPs, cable operators, SAP partners and SMEs. He also steered the delivery of networking solutions such as SD Wan, ILL, P2P and peering, while cross selling value added services including OTT, IPTV and voice.
Dey brings with him more than a decade of experience across broadband, television distribution and media sales. At IndiaCast Media, he rose through the ranks to associate director, managing subscription revenues, channel placement and distribution strategies across a large cable and satellite footprint. His work included launching new channels, improving placement strategies and driving revenue growth through strategic deals with distribution partners.
Earlier in his career, he held sales and distribution roles at Star India, where he worked across multiple channel clusters and helped boost subscription revenues and market penetration in key territories.
With experience that spans from channel line ups to fibre lines, Dey now takes charge of service delivery at Act Fibernet, aiming to keep both networks and customer satisfaction running at full speed.
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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.
