MAM
Haldiram’s unveils festive Holi range with Gujiya and Thandai
Brand celebrates colours of Holi with Kesar Gujiya, Coconut Dry Fruit Gujiya and chilled thandai pairings.
MUMBAI: Holi just got a whole lot sweeter because when vibrant gulal meets golden gujiya, the festival doesn’t just play, it feasts. Haldiram’s has rolled out its specially curated Holi collection under the tagline “Holi Ke Rang, Gujiya Aur Thandai Ke Sang”, turning the festival of colours into a full-blown celebration of indulgence and togetherness. The limited-edition offerings arrive just in time for the season’s lively gatherings, house parties, and family get-togethers, blending timeless tradition with the kind of flavours that make every splash and laugh more memorable.
At the heart of the lineup are two standout gujiyas. The iconic Kesar Gujiya arrives with a crisp, golden shell encasing a rich mawa (khoya) filling infused with premium kesar delivering a royal aroma, natural hue, and that melt-in-the-mouth decadence every Holi demands. Joining it is the Coconut Dry Fruit Gujiya, generously loaded with coconut shavings and a medley of premium dry fruits for the perfect crunch-to-sweet balance. Both are crafted to elevate the classic festive treat into something that feels both nostalgic and downright irresistible.
No Holi spread is complete without thandai, and Haldiram’s positions the chilled, nutty, spice-laced drink as the ideal companion cooling the spice of celebration while letting the sweetness of gujiya shine even brighter. For those leaning savoury, the brand’s special chaat and snackable range steps in, adding a tangy, crunchy counterpoint to the sweets and keeping party tables buzzing from afternoon play to late-night munchies.
Rooted in the spirit of rangon ki dhoom dhaam and shared joy, the collection turns every splash of colour into an excuse for one more bite. Whether you’re hosting a riot of friends or keeping it cosy with family, Haldiram’s Holi range proves the festival tastes best when tradition and indulgence collide messy hands, colourful faces, and zero regrets included.
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.
