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Sapphire Foods Posts Quarterly Loss, Plans Merger With Devyani International

Story Highlights
  • Sapphire Foods reported strong operating revenue but a net loss for the quarter and nine months ended 31 December 2025.
  • The board approved a merger with Devyani International, offering Sapphire shareholders 177 Devyani shares for every 100 held, pending approvals.
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Sapphire Foods Posts Quarterly Loss, Plans Merger With Devyani International

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Sapphire Foods India Ltd. ( (IN:SAPPHIRE) ) has shared an update.

Sapphire Foods India Ltd has published an extract of its unaudited standalone and consolidated financial results for the quarter and nine months ended 31 December 2025 in Business Standard and Navshakti, in compliance with Indian securities listing regulations. The results show robust revenue from operations but a net loss after tax for the latest quarter and nine-month period on both a standalone and consolidated basis, reflecting margin pressures despite topline growth. The board has also approved a scheme of arrangement to amalgamate Sapphire Foods with Devyani International Ltd, effective from 1 April 2026 subject to regulatory and statutory approvals, under which Sapphire shareholders would receive 177 Devyani equity shares of face value Rs 1 each for every 100 Sapphire shares of face value Rs 2 each, a move that is set to reshape the QSR landscape by combining two large franchise operators and has significant implications for shareholders and industry consolidation.

More about Sapphire Foods India Ltd.

Sapphire Foods India Ltd is a quick-service restaurant operator in India, known for running major global QSR brands across the region. Listed on Indian stock exchanges, the company focuses on expanding its restaurant network and strengthening its position in the organized food services market.

Average Trading Volume: 43,271

Technical Sentiment Signal: Sell

Current Market Cap: 70.25B INR

For an in-depth examination of SAPPHIRE stock, go to TipRanks’ Overview page.

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