Sapphire Foods India Ltd Reports Q2 Results; Highlights Corporate Milestones Including Office Shift and Amalgamation Plans

Sapphire Foods India Ltd Reports Q2 Results; Highlights Corporate Milestones Including Office Shift and Amalgamation Plans​

Sapphire Foods India Limited has released its Unaudited Financial Results for the quarter ended June 30, 2026, alongside an independent auditor’s review report. The results cover both standalone and consolidated financial performance. Key corporate updates include details of the ongoing scheme of arrangement with Devyani International Limited and the formal approval and registration of the company's shift in Registered Office to Haryana.

Financial Performance Snapshot​

The unaudited consolidated financial results for the Group reflect operational data across several entities, including Sapphire Foods India Limited (Parent Company), Gamma Pizzakraft (Lanka) Private Limited, French Restaurants Private Limited, and Gamma Island Food Private Limited.

For the quarter ended June 30, 2026, the Group registered a Total income of 8,966.31 million, driven by Revenue from operations amounting to 8,909.60 million. The total expenses for the period stood at 8,804.64 million.

The financial data for both consolidated and standalone results are detailed below:

Consolidated Financial Results (All figures in Million)

Standalone Financial Results (All figures in Million)

Corporate Governance and Operational Updates​

The Board of Directors confirmed that the unaudited financial results were reviewed by the Audit Committee and approved by the directors at their meeting held on July 24, 2026.

Scheme of Arrangement:
The Company previously approved a scheme of arrangement between Sapphire Foods India Limited (the Transferor Company) and Devyani International Limited (the Transferee Company). The Board had considered and approved this scheme at its meeting on January 01, 2026. Under the scheme, it was determined that upon amalgamation, the Transferee Company would issue and allot 177 equity shares of Rs. 1/- each fully paid up for every 100 equity shares of Rs. 2/- each fully paid up held by shareholders of the Transferor Company.

Registered Office Shift:
The Board had also approved the shifting of the Registered Office from the State of Maharashtra to the State of Haryana in January 2026. The proposed shift was formally approved by the Regional Director (Western Region Directorate I) on April 21, 2026. Subsequently, the Registrar of Companies, Haryana (ROC Haryana), registered and recorded the new Registered Office address as "SCO 328, Sector - 9, Panchkula -134109, Haryana" vide a Certificate of Registration dated May 18, 2026.

The Group continues to operate in the restaurant business and maintains one reportable operating segment as per Ind AS 108.

SAPPHIRE Stock Price Movement​

As of 1:20 PM, shares of Sapphire Foods India Limited are edging higher to ₹184.76, driven by a sharp intraday rally that pushes the stock up 2.67%. The equity trades within a significant range for the session, currently hovering between ₹171.90 and ₹185.35.