MAM
Rohit Jawa CEO & MD of HUL to chair distinguished IAA IndIAA Awards jury
Mumbai: Rohit Jawa the chief executive officer and managing director of Hindustan Unilever will chair the distinguished jury panel to select the winners at the IndIAA awards for creative excellence, organized by the India Chapter of the International Advertising Association (IAA).
The other jury members are
. Charulata Ravikumar, managing director, Accenture
. Geetika Mehta, managing director, Nivea
. M R Jyothy, managing director, Jyothy Laboratories Ltd.
. Abhinandan Lodha, chairman, Lodha Ventures
. Cecil de Santa Maria, chief operating officer, ORRA
. Mohit Malhotra, chief executive officer, Dabur India Limited
. Pulkit Trivedi, managing director – India, Snap Inc
IAA president Avinash Pandey said, “Any award is only as good as the jury that judges them. We are privileged to have such an elite group on our jury panel. It speaks volumes for the heights the IndIAA awards have scaled.
Adds Abhishek Karnani, chairman IndIAA awards, “These awards are unique. You cannot enter your work on your own. A group of senior editors in the marcom trade media who are viewing advertising every day, need to shortlist your creative work. And this shortlist will be placed before our elite jury.
All co-creators of the winning work will be felicitated at the grand IndIAA Awards Nite which will be held on the 22nd. August 2024.
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.
