Sapphire Foods India rises on quarterly profit, revenue jump
27/07/2026 06:29
BUZZ-Sapphire Foods India rises on quarterly profit, revenue jump ** Shares of Sapphire Foods India SAPI.NS jump 4.46% to 187.10 rupees
** Stock on track to snap three session of losses if gains hold
** Co posted Q1 net profit of 140.4 million rupees ($1.46 million), compared to net loss of 18 million rupees a year earlier; revenue rose 15% y/y
** Phillip Capital says positive same-store sales growth across KFC India, Pizza Hut India and Sri Lanka business reflects broad-based demand trends
** SAPI rated "buy" on average by 22 analysts, median PT at 260 rupees --data compiled by LSEG
** YTD stock down 27.26%
($1 = 96.2275 Indian rupees)
(Reporting by Surbhi Misra in Bengaluru)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
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