MAM
Titan launches Gold & Steel Collection
BANGALORE: Titan Industries Ltd recently announced the launch of their new Gold and Steel Collection in Bangalore. The Gold & Steel Collection is a radical range of dual tone watches, international in styling, with a range of 100 different – well…styles, targeting both men and women.
Traditionally, gold watches form more than 50 per cent of the watches sold in the country, but with a limited choice of designs and styles that are available in this category. The new Gold & Steel Collection combines the sturdiness of steel with a subtle hint of gold in matt and gloss finish to present an inimitable collection of contemporary yet classic timepieces aimed at catering to the varying consumer tastes.
Says Titan Watches Head-Marketing Manoj Tadepalli, “It aims to appeal to a broad range of consumers who were earlier opting for gold watches due to lack of alternate options, this new collection will propagate a new style statement. This collection is a perfect accessory for formal and festive occasions.”
Through the introduction of this new collection, Titan aims to change the dynamics of the core of the watch market. The collection is expected to bring excitement into the category by inducing category shifts and enlarging the watch market.
Priced between Rs 1,175 to over RS 4,600, the Gold & Steel collection will be available through World of Titan stores, Timezones, Lifestyle stores, Shoppers’ Stop and other leading multi-brand watch outlets across the country.
The collection will be supported by a multi-media ad campaign featuring Aamir Khan in his new look, propagating and compelling buyers towards dual tone watches as the style statement of the future. This collection truly marks a revolution as the campaign will be backed with spends close to RS 50 million to target the wedding season, one of the highest ever for any single collection from Titan.
The theme used in the ad was similar to the one used earlier by Titan – A clean-shaven Aamir Khan and his major domo prepare to leave – for a wedding this time, when Aamir notices his manservant wearing a gold watch and suggests that he try a Steel Gold watch. The camera pans onto the collection of watches that Aamir keeps in a watch-case. The servant puts on one of the watches and asks Aamir if things were okay, and Aamir – pauses for a moment and then pastes his recent trademark handlebar moustache above the servant’s lip.
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.
