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Sapphire Foods Narrow Loss Amid Strong Revenue Growth

Summary

  • Sapphire Foods' net loss reduced to Rs 1.5 crore in Q2FY27.
  • Revenue increased by 19.6% to Rs 888 crore in the September quarter.
  • KFC saw 14% same-store sales growth, Pizza Hut 5%.
Sapphire Foods Narrow Loss Amid Strong Revenue Growth

Sapphire Foods India reported a considerable reduction in its net loss for the July-September quarter of FY27, narrowing it to Rs 1.5 crore from Rs 12.8 crore in the same period last year. This financial improvement was propelled by a strong 19.6% surge in revenue, reaching Rs 888 crore, which the company stated was its best quarter for revenue growth.

During this period, Sapphire KFC demonstrated impressive same-store sales growth of 14%, achieving its highest revenue increase in 16 quarters. Despite facing inflation in raw material and energy costs, along with increased marketing investments, Sapphire Pizza Hut India also contributed positively with a 7% revenue increase, boosted by appealing value offers.

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