Brands
Rishabh Pant strides back to adidas as campaign face
MUMBAI: From boundary-smashing innings to fearless comebacks, Rishabh Pant has always been a cricketer who plays on the front foot. Now, the dynamic wicketkeeper-batsman is back with adidas, as the sportswear giant signs a multi-year partnership with the Indian cricket star. This collaboration sees Pant rejoin adidas’ elite athlete roster, which already boasts names like Jude Bellingham, Noah Lyles, Kuldeep Yadav, and Nikhat Zareen.
Pant, who previously partnered with adidas from 2016 to 2019, returns to the fold, further strengthening the brand’s deep-rooted legacy in Indian cricket—one that has seen collaborations with legends like Sachin Tendulkar and Rohit Sharma. With his never-give-up attitude and unwavering self-belief, Pant perfectly embodies the adidas ethos of resilience and excellence.
Adidas India general manager Neelendra Singh said, “At adidas, we stand by athletes through every high and low, supporting their journey to greatness. Rishabh’s fearless spirit and dedication to the game make him a perfect fit for our brand. We are thrilled to have him back in the adidas family.”
Pant said, “adidas is a brand I have always admired. We share a vision of inspiring athletes and pushing boundaries. I look forward to this journey, empowering the next generation and making a lasting impact in the world of sports.”
With a history of championing top athletes across cricket, football, athletics, and tennis, adidas continues to be at the forefront of sporting excellence. The addition of Pant to its roster reaffirms its commitment to shaping the future of Indian sports, ensuring the next generation has the support they need to dream big and play bigger.
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.
