Key Financial Results - Consolidated (Q2 FY27)

  • Revenue from operations: ₹8,880.27 million (19.6% increase YoY from ₹7,424.37 million)
  • Other income: ₹69.47 million
  • Total income: ₹8,949.74 million
  • Net loss after tax: ₹15.13 million (improved from ₹127.87 million loss YoY)
  • Basic EPS: (₹0.05) per share (improved from (₹0.40) per share YoY)
  • Exceptional items: ₹13.27 million charge (merger-related expenses)

Key Financial Results - Consolidated (H1 FY27)

  • Revenue from operations: ₹17,789.87 million (17.1% increase YoY from ₹15,192.65 million)
  • Net profit after tax: ₹125.09 million (improved from ₹145.25 million loss YoY)
  • Basic EPS: ₹0.39 per share (improved from (₹0.45) per share YoY)

Key Financial Results - Standalone (Q2 FY27)

  • Revenue from operations: ₹7,512.69 million (21.9% increase YoY from ₹6,160.72 million)
  • Net loss after tax: ₹57.02 million (improved from ₹173.02 million loss YoY)
  • Basic EPS: (₹0.18) per share (improved from (₹0.54) per share YoY)

Key Financial Results - Standalone (H1 FY27)

  • Revenue from operations: ₹15,073.41 million (18.1% increase YoY from ₹12,764.67 million)
  • Net profit after tax: ₹71.65 million (improved from ₹207.06 million loss YoY)
  • Basic EPS: ₹0.22 per share (improved from (₹0.64) per share YoY)

Balance Sheet Highlights (Consolidated as of September 30, 2026)

  • Total assets: ₹34,387.51 million (vs ₹32,558.92 million as of March 31, 2026)
  • Property, plant and equipment: ₹11,009.15 million
  • Right of use assets: ₹12,467.62 million
  • Cash and cash equivalents: ₹877.41 million
  • Total equity: ₹13,994.88 million
  • Borrowings: ₹329.39 million (non-current) + ₹29.44 million (current)
  • Lease liabilities: ₹13,569.73 million (non-current) + ₹1,240.12 million (current)

Merger Update with Devyani International Limited

  • Board approved amended scheme of arrangement on August 26, 2026, following termination of Share Purchase Agreement between promoters
  • Exchange ratio: 177 equity shares of Devyani International (face value ₹1) for every 100 equity shares of Sapphire Foods (face value ₹2)
  • Joint application filed with Competition Commission of India on September 10, 2026
  • Appointed date defined as April 1, 2026 in the scheme
  • Exceptional charge of ₹13.27 million recognized for merger-related expenses in current quarter

Auditor Review

  • Limited review conducted by Deloitte Haskins & Sells, Chartered Accountants
  • Review report issued for both standalone and consolidated financial results
  • Financial results of 3 subsidiaries reviewed by other auditors: Total assets ₹3,000.25 million, total revenues ₹2,716.47 million for H1 FY27

Meeting Details

  • Board meeting commenced at 11:30 AM and concluded at 1:00 PM on October 22, 2026
  • Results reviewed and recommended by Audit Committee

Additional Information

  • Company has only one reportable operating segment (restaurant operations)
  • Paid-up equity share capital: ₹642.77 million (face value ₹2 per share)
  • Press release and earnings presentation submitted separately to exchanges