MAM
Kaushal Mahajan joins ABP Network to handle linear TV and CTV ad revenue
DELHI: Kaushal Mahajan has moved to ABP Network as senior manager–major accounts, tasked with driving advertising revenues across linear television and connected TV, a mandate that places him at the heart of the broadcaster’s growth engine.
The appointment follows a decade-plus career across news, radio and broadcast sales, marked by steady climbs through the ranks and a sharp focus on revenue delivery. At ABP Network, Mahajan will handle key advertisers and agencies, overseeing monetisation strategies across the group’s channels as television advertising adapts to a more hybrid, screen-agnostic future.
Before this move, Mahajan spent over two years at ARG Outlier Media, where he ran advertising revenue for Republic Bharat, managing corporate, SME and retail accounts. Earlier stints include category manager–ad sales at Red FM, managerial roles at TV Today, and nearly two years at CNN-News18, where he progressed from account manager to senior account manager.
His early career was forged at Red FM and Reliance Broadcast Network, where he handled regional corporate clients across automobile and BFSI sectors, built long-term agency relationships, and consistently delivered revenue targets while keeping a tight grip on planning, CRM and collections.
An MBA in marketing from IBS Hyderabad, Mahajan brings a blend of market research, product marketing and hands-on account management—skills increasingly prized as broadcasters chase smarter, faster ad growth.
ABP Network is betting that experience and edge matter. Mahajan’s brief is clear: sell harder, think sharper and keep the ad money moving.
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.
