MAM
ixigo associates with The Movie ‘Mission Mangal’ As Official Brand Partner In The Travel Segment
MUMBAI: India’s leading travel platform, ixigo has tied up with upcoming multi-starrer movie, Mission Mangal, becoming their official brand partner in the travel segment. The movie, directed by Jagan Shakti, is based on real-life scientists, who contributed to India's first interplanetary expedition, Mars Orbiter Mission (MOM), launched by Indian Research Space Organisation (ISRO) in 2013.
As a part of the association, ixigo is running a special campaign offering its users a discount of Rs.1000 on flight bookings by using code ‘MANGAL1000’. The travel platform is also running a contest on its social media platforms, where 50 couples get a chance to win free movie tickets.
Speaking on this, Shuchi Chawla, Head Brand Marketing, ixigo said, “We are delighted to tie up with an inspirational movie like ‘Mission Mangal’ which depicts an incredible true story of India’s mission to Mars. We actively experiment with in-film branding and believe it is a good opportunity for brands to create high recall in a cost-effective way.”
ixigo is India’s largest and most trusted travel app. The platform is a one-stop-shop for travellers enabling them to search, book and discover the best deals for trains, flights, hotels and travel packages.
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.
