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Sapphire Foods India Limited has promoted Mr. Punit Jhunjhunwala to Sr. Vice President and Deputy CFO, effective May 4, 2026. A seasoned professional with 17 years of experience, he previously served as VP and Head of Finance & Accounts. He will continue reporting to the Executive Director & CFO, Mr. Vijay Jain.
Sapphire Foods reports Q4FY26 revenue of ₹7,898 MN (+11% YoY) and EBITDA of ₹1,249 MN. Board approved merger with Devyani International on Jan 1, 2026.
Mr. Amar Patel has resigned as Executive Vice President and Chief Technology Officer of Sapphire Foods India Limited to pursue outside opportunities. His resignation is effective June 1, 2026. The company confirmed there are no other material reasons for his departure.
Sapphire Foods India Limited has announced the resignation of Mr. Amar Patel, Executive Vice President and Chief Technology Officer. He will serve his notice period until June 1, 2026. The company stated his departure is to pursue external opportunities and confirmed there are no other material reasons for the resignation.
Sapphire Foods India Limited announced the re-appointment of five directors, including Executive Director Sanjay Purohit, for 60-month terms effective July/August 2026. Simultaneously, Mr. Amar Patel resigned as EVP and Chief Technology Officer effective June 1, 2026. These changes reflect a structured board renewal and senior management transition.
Sapphire Foods India Limited reported a 11% YoY revenue growth to ₹789.82 Crore for Q4 FY26. KFC delivered its best performance in 12 quarters with 15% revenue growth. The company added 24 net new restaurants during the quarter, bringing the total count to 1,052 across India and Sri Lanka.
Sapphire Foods India Ltd reported revenue from operations of ₹792.2 Cr (+11.4% YoY) and a net loss of ₹12.6 Cr for Q4 FY26.
Sapphire Foods India Limited reported consolidated annual revenue of ₹3,125.32 Crore for FY26. The Board also approved the re-appointment of Mr. Sanjay Purohit as Whole Time Director & Group CEO and noted the resignation of CTO Mr. Amar Patel. The company is proceeding with a proposed merger with Devyani International Limited.
Sapphire Foods India Limited reported a significant reduction in a tax demand following an ITAT Mumbai ruling. The original interest demand of ₹17.04 Crore was reduced to ₹0.25 Crore for multiple assessment years. The Income-Tax Department has appealed this ruling before the Bombay High Court.
Sapphire Foods India Limited received approval from the Hon’ble Regional Director to shift its registered office from Maharashtra to Haryana. The order, dated April 21, 2026, follows the company's initial intimation in January 2026. This administrative move consolidates its corporate presence in the new state subject to requisite filings.
Sapphire Foods India Limited has scheduled a Board Meeting on April 28, 2026, to approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company also confirmed that its trading window will remain closed until April 30, 2026.