MAM
Green carpet call as BT spotlights India’s most sustainable companies
MUMBAI: India Inc’s ESG stars are set to walk the green carpet. Business Today Multiverse is rolling out a new kind of red carpet green, actually as it launches the inaugural edition of BT India’s Most Sustainable Companies – Summit & Awards 2025. Slated for 6 June in New Delhi, the event puts the spotlight on the companies walking the talk on ESG, sustainability and responsible business.
With the theme ‘Charting India Inc’s Sustainable Future’, the event promises not just trophies, but timely conversations and action plans. Union minister Bhupender Yadav will headline the summit with a special keynote on India’s environmental strategy, setting the tone for a day packed with powerful dialogue.
The awards are backed by a rigorous methodology, led by Careedge ESG Ratings, which evaluated 1,000 listed companies across 11 impact-heavy sectors using publicly available data. The final winners were selected by an expert jury chaired by former SBI chairman Rajnish Kumar.
The speaker list reads like a who’s who of India’s sustainability and policy ecosystem. From Pepsico’s Yashika Singh and Zomato’s Anjalli Kumar to JSW’s Prabodha Acharya, Mahindra’s Abanti Sankaranarayanan, and SEBI’s Pramod Rao, leaders from corporates, think tanks, and regulatory bodies will tackle how sustainability can shift from boardroom buzzword to operational backbone.
Panel discussions will feature experts like ORF’s Nilanjan Ghosh, CEEW’s Vaibhav Chaturvedi, Avaana’s Anjali Bansal and Swapna Gupta, ISA’s Joshua Wycliffe, Diageo’s Ashish Parikh, and legal minds like Meyyappan Nagappan (Trilegal) and Amit Kapur (JSA), offering multidisciplinary takes on climate strategy, regulation, investment, and innovation.
Supporting the summit are sustainability stalwarts: L&T (Green Partner), Pepsico (Sustainable Progress Partner), Diageo (CPG Sustainability Partner), along with KREDL and RVNL as associate partners.
The evening will culminate in the BT India’s Most Sustainable Companies Awards and the unveiling of a special Business Today edition centred on the campaign: ‘Sustainability is no longer an option, it is the only way forward.’
For India Inc, the message is clear going green isn’t just good optics. It’s the only playbook that matters now.
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.
