MAM
Iconic Canadian coffee brand Tim Hortons opens in Bengaluru!
Mumbai: Tim Hortons, the iconic Canadian coffee chain, is set to make its mark in Bengaluru. As Karnataka, the capital of India’s coffee culture, proudly produces over 70 per cent of the nation’s coffee, it is only fitting that Tim Hortons chooses this booming landscape to unveil its latest coffee haven.
The grand openings are in Terminal 2, Kempegowda International Airport and in the vibrant neighbourhood of Koramangala. This marks a significant stride in Tim Hortons’ expansion strategy as it brings its signature beverages and delectable products to the southern part of India.
Starting 15 September, guests will be able to enjoy Tim Hortons’ signature 100 per cent premium arabica coffee and taste iconic beverages like the creamy and rich French Vanilla, the Java Chipp Iced Capp, a blended frozen coffee beverage, along with prepared-to-order food and baked goods including delicious bite-sized morsels of traditional doughnuts called Timbits.
As part of its commitment to embrace local tastes and preferences, Tim Hortons is also introducing two delectable local specialities to its menu: the Ghee Roast Paneer Pocket and the Pepper Chicken Pocket. These products celebrate the flavourful heritage of the Southern region of India and complement Tim Hortons’ existing food menu, which features favourites like the Five Cheese Melt, Bagels, Piadinas, and much more.
The Kempegowda store represents Tim Hortons’ innovative approach, boasting unique Canada- inspired décor elements and has introduced a range of speciality brewing methods to enhance the guest experience and provide them with new and unique ways to experience Tim Hortons’ signature coffee roasts
The store’s inviting ambience and friendly staff will provide a welcoming atmosphere where guests can relax, work, or catch up with friends while savouring their favourite Tim Hortons treats.
Tim Hortons India CEO Tarun Jain added to the excitement: “The expansion of Tim Hortons into Bengaluru is a momentous occasion for us. After the success of the brand in Delhi, Punjab and Mumbai, we’re excited to bring the same experience to this vibrant city while also paying tribute to the local culinary traditions. This marks a significant step in our journey, and we look forward to becoming a part of the Bengaluru community.”
”As we advance our expansion in India, we look forward to giving more coffee lovers the opportunity to sample our Tim Hortons signature beverages and delicious food across the country”, said EMEA president of restaurant brands international Thiago Santelmo.
The grand opening will start on 15 September at 2:00 p.m. in Terminal 2, Departures, Kempegowda International Airport and on 16 September at 5:00 p.m. in Koramangala, 8 Block.
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.
