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Kodiaq roars again as Skoda shifts gears on luxury SUV game in India
MUMBAI: Bigger, bolder, and back with a bite, Skoda’s new Kodiaq has hit Indian roads and it’s not just purring, it’s roaring. Celebrating 25 years in India and 130 globally, Skoda Auto kicked off the next chapter in its SUV legacy with the launch of the all-new Kodiaq at PPS Motors in Kondapur, Hyderabad. Following the buzz around the sub-4m Kylaq, this seven-seater luxury 4×4 adds muscle to Skoda’s premium line-up, flaunting a sleeker design, tech upgrades, and terrain-hugging capability.
Unveiled in the presence of GHMC Corporator Jagadeshwar G and PPS Skoda COO S Cecil, the new Kodiaq is offered in two variants Sportline and the more luxurious Selection L&K both powered by a 2.0 TSI engine producing 150 kW of power and 320 Nm of torque, paired with a seven-speed DSG. It’s assembled at Skoda’s Chhatrapati Sambhaji Nagar facility and offers a claimed mileage of 14.86 km/l.
Dimensionally, it’s a roomier beast than before 59mm longer with an impressive 1,976 litres of max boot space. Interior indulgences include a 32.77 cm infotainment system, rotary Smart Dials, ergonomic gear placement, and even a massage function for the Ergo seats. Add nine airbags, a 13-speaker Canton sound system, and a panoramic sunroof to the mix, and you’ve got luxury firmly in the driver’s seat.
Design-wise, the SUV makes an entrance with LED Beam Crystallinium headlamps and a dramatic Welcome Effect, while exclusive trims like Bronx Gold and Steel Grey add visual polish to its brawny appeal.
Prices start at Rs 46.89 lakh (ex-showroom) for the Sportline and go up to Rs 48.69 lakh for the top-end L&K. Backed by a 5-year warranty, 10-year roadside assistance, and a complimentary first-year service package, Skoda’s flagship offering is clearly designed to please both city slickers and off-road enthusiasts alike.
With the new Kodiaq, Skoda isn’t just marking an anniversary, it’s rewriting the playbook for premium SUVs in India, one bold drive at a time.
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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.
