MAM
Happyness.me launches employee voice 24/7 platform
KOLKATA: When employees may freely air their views, without fear of attracting the management’s ire, it would make for a happy organisation and inevitably progress for the company, especially in these COVID-19 pandemic times.
Based on this premise of taking positive worker engagement to the next level, House of Cheer, a company promoted by media veteran and former COO of Viacom18 Raj Nayak, announced it will offer its service, tech-enabled Employee Voice 24/7 platform, to small, medium and large companies, free of cost for an extended period of six months.
The initiative comes as a complementary service for corporate leaders and employees of firms, big and small across India, who continue in their resolute defiance of COVID-19 challenges, to not only stay afloat, but also prosper and grow during the ongoing pandemic.
Launched under the happyness.me brand, Employee Voice 24/7 will now be offered to every company (small, medium & large) in India for an extended period of six months.
Employee Voice 24/7 empowers C-Suite leaders to listen to their people to better understand, in real time, how they are feeling. Across all organizations, the service enables each employee to anonymously share her/his feelings at any given point of time, 24/7, even multiple times a day.
The platform will organize all individual employee feedback into a unique dashboard with actionable insights that can inform and empower leadership to improve communication finally aimed at employee well-being.
House Of Cheer managing partner Namrata Tata said: “The world is still in the throes of the worst global disaster in living human memory, and the pandemic has impacted lives in unimaginable ways. As companies and their employees struggle to overcome the challenges, it is an undisputable fact that at all times; the state of mind of employees has an important bearing on both – their own happiness (quotient), and the performance and fortunes of the company.”
“We have rolled out this free service to encourage organisations to connect with their people on a real-time basis,” said Tata, added, “We would therefore encourage leaders of every organization, regardless of size, to make Employee Voice 24/7 service a partner in their growth efforts. Communication is a two-way street, and you need to hear from your people, just as much as they need to hear from you.”
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.
