MAM
IAA India chapter summit: Focus is on ‘Voice of Change!: Gender Portrayal from 30 seconds to 3 hours’
Mumbai: Aiming to bring a change in the industry, the International Advertising Association India Chapter held a change summit titled ‘Voice of Change: Gender Portrayal from 30 seconds to 3 hours.’
The summit incorporated the much-needed conversation on gender parity, as seen in the media, and was brought forth in a day of discussions, debates, and research findings.
IAA started the journey last year with a research study in partnership with UNICEF, conducted by the Geena Davis Institute, on gender representation in advertising.
Taking their cue from the facts presented in the study, the industry body decided to initiate tangible change through the dialogue required to bring about gender sensitivity amongst the people at the helm of content creation and marketing in India.
The summit was felicitated by the presence of various industry experts who presented their thoughts on the subject.
IAA Women Empowerment Committee chairperson and Viacom18 head – Hindi mass entertainment and kids TV network Nina Elavia Jaipuria said, “‘Voice of Change’ harkens the need for a more sensitised and inclusive narrative in content and all the creative minds present here-content creators, brand custodians, and students-are the powerhouses behind creating and marketing that content now and in the years to come. The IAA has stepped up and brought all this learning and more out into the public eye and today, through this summit, takes on the critical role of not only educating and informing but also empowering effective change.”
Taking the event ahead, chief guest MP for North Central Mumbai, Poonam Mahajan told the full house her story and her journey, where at every step she, very organically, broke stereotypes and stands where she is today. From being a pilot to being a member of parliament, she has taken on challenges head on and proven her mettle.
The first segment of the day culminated in felicitating Gender Warriors—an advertising legend popularly known as Shambhu V Sista, a luminary from the world of filmmaking, Guneet Monga, and decorated veteran of the advertising industry, Ramesh Narayan.
The day powered on to a session by Advertising Standard Council of India (ASCI) CEO and secretary general Manisha Kapoor, who dove into the GenderNext report titled ‘Follow Her Lead – GenderNext: A Study on Portrayal of Women in Advertising with Knowledge Partners ASCI.’
Following that was an interesting talk by Futurebrands Consulting MD Santosh Desai, who spoke about the cultural perspective of gender portrayal.
Furthermore, the day also included panel discussions and sessions on critical topics related to gender equality in the industry.
As the day of learning, thought-provoking perspectives, and notable conversations came to an end, the takeaways were an understanding of where the industry stands, where the bottlenecks are, and what needs to be done to achieve a truly fair and equal representation of gender in media, whether it be in a 30 second TVC or a 3 hour film or anything in between.
Watch full summit here
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.
