Archive · 24 Jul 2026
Sapphire Foods Reports Profit in Q1 FY27
Sapphire Foods India Ltd made a profit of Rs 14.02 crore in the first quarter of the financial year 2027.
This is a big improvement because they had lost money in the same period last year.
The company earned Rs 890.96 crore from its operations, which is more than last year.
However, their costs for materials, employee benefits, and other expenses also went up.
The company did not have any special charges this quarter, which helped them make a profit.
They also moved their main office to Panchkula in Haryana.
The company is still waiting for approvals to merge with another company called Devyani International Ltd.
Sapphire Foods reported a net profit of Rs 14.02 crore in Q1 FY27, reversing a loss from the previous year.
Revenue from operations increased to Rs 890.96 crore, up from Rs 776.83 crore in Q1 FY26.
Total income stood at Rs 896.63 crore, with total expenses rising to Rs 880.46 crore.
The company posted a profit before tax of Rs 16.17 crore, reversing losses from previous quarters.
The company completed the shift of its registered office to Panchkula, Haryana.
- Who
- Sapphire Foods India Ltd
- What
- Reported a net profit of Rs 14.02 crore in Q1 FY27
- When
- Quarter ended June 30, 2026
- Where
- Mumbai, India
- Why
- Due to increased revenue and absence of exceptional charges
Financial Improvement
Operational Challenges
Profitability
Financial Improvement
The company reported a net profit of Rs 14.02 crore, reversing a loss from the previous year.
Operational Challenges
Despite the profit, the company faced increased operational costs and expenses.
Revenue Growth
Financial Improvement
Revenue from operations increased to Rs 890.96 crore, showing a positive trend.
Operational Challenges
The increase in revenue was accompanied by higher costs in materials, employee benefits, and other expenses.
Exceptional Items
Financial Improvement
Q1 FY27 did not have any exceptional charges, unlike the preceding quarter.
Operational Challenges
The absence of exceptional charges contributed to the improved profitability.
- Net Profit
- Rs 14.02 crore
- Revenue from Operations
- Rs 890.96 crore
- Total Income
- Rs 896.63 crore
- Total Expenses
- Rs 880.46 crore
- Profit Before Tax
- Rs 16.17 crore
- Earnings Per Share
- Rs 0.44
- Registered Office Shift
- Panchkula, Haryana