Sapphire Foods' CEO Sanjay Purohit on Turnaround Strategy, Expansion, and Navigating Economic Challenges | Sanjay Purohit, CEO, Sapphire Foods India Ltd. 00:10:00
CEO Sanjay Purohit of Sapphire Foods delves into the company’s turnaround strategy, ambitious expansion plans, and the challenges posed by private equity exits. In the face of double-digit inflation, Purohit addresses the impact on gross margins and the resulting 7-8% price increases. He also discusses how the addition of new outlets is expected to enhance restaurant margins. As one of Sri Lanka's most beloved brands, Purohit sheds light on how the ongoing crisis in the country has affected the business, offering insights into the company’s resilience and adaptability in turbulent times.
