MAM
White turns Mumbai gold with Ralph Lauren’s dazzling festive soirée
MUMBAI: In a night that shimmered with understated luxury, White, the creative powerhouse known for its culture-first storytelling, transformed Mumbai’s Nilaya Anthology into an immersive Ralph Lauren festive experience on 23 September 2025. The soirée, hosted by Kalyani Chawla, was a masterclass in elegance, emotion, and experiential design.
Bringing together the city’s crème de la crème, from Mira Rajput and Sara Tendulkar to Shanaya Kapoor, the evening unfolded like a perfectly tailored Ralph Lauren moment: timeless, polished, and quietly spectacular. Guests were treated to live tunes by Copycats, celestial insights from astrologer Zohra Shakti, and a decadent three-course dinner curated by chef Rijul from Indian Accent.
Every detail sang Ralph Lauren, from the glow of hand-crafted paper lamps to bespoke furniture and intricately carved candleholders, all woven into a tapestry of refined indulgence. It wasn’t just décor; it was design poetry.
“Experiences have the power to shape how brands are remembered,” said White founder and CEO Vishesh Sahni. “This evening wasn’t just an event, it was a living narrative of Ralph Lauren’s timeless elegance, brought to life with intention and artistry.”
For White, the night marked more than another luxe collaboration. It was a statement that storytelling isn’t confined to screens or campaigns, but can be lived, felt, and remembered. With this soirée, the agency once again proved its flair for crafting cultural moments that sparkle long after the last candle burns out.
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.
