MAM
WCRC announces Asia’s most promising brands initiative
MUMBAI: World Consulting and Research Corporation (WCRC), a brand research, knowledge and consulting enterprise, has announced the genesis of Asia‘s Most Promising Brands And Leaders 2012-13 – a WCRC and iBrands 360 research initiative.
It is the premiere and most exhaustive multi-platform brand credibility project on Asia, involving the most promising brands and leaders from various Asian countries that have contributed to the Asian success story and charted a path-breaking progression blueprint of the Asian economy.
The project will accentuate brands involving nations like India, Singapore, Malaysia, Philippines, Taiwan, Japan, China, Sri Lanka, Bangladesh and Dubai.
WCRC MD Abhimanyu Ghosh said, “These brands have the potential to overtake the market leaders of today through their innovative marketing techniques, product innovations and brand recall. The project would focus on The Most Promising Brands in Asia, which, through their robust growth and formidable presence, are successfully taking on and outclassing their competitors.”
“We intend to provide the business universe, marketing fraternity and the consumer community at large, the most credible, insightful and entertaining industry standard of brand compilation, underscoring the promise quotient of present-day exceedingly successful brands propelling the business and economic engines of Asian advancement to global supremacy,” said Ghosh.
Leaders who have led from the front to build and reinforce their brands and elevate their companies to the stature of Asia‘s Most Promising Brands will also be felicitated at the event. The project would, therefore, exhibit a research-based listing of the Most Promising Brands and Leaders across Asia, and will be presented in a brand compendium, coffee table book, a portal and broadcast format.
200 brands shall feature across 50 industry categories to form the Most Promising Brands of Asia, and the research will culminate in a launch event during the Asian Brand and Leadership Summit 2013 in Dubai later this year.
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.
