Kolhapur (Maharashtra) [India], April 30 (ANI/PRNewswire): One of the fastest-growing FMCG enterprises in India, Ghodawat Consumer (GCPL), part of well diversified Sanjay Ghodawat Group (SGG), recently touched a momentous milestone.
The company while riding on the success and widespread popularity of its wide range of daily consumable products has now become a 1,000 Cr revenue company in financial year ending March 2021.
Being launched in 2014 to offer high-quality consumable products at affordable prices, GCPL has seen a gigantic rise in very little time under the guidance and mentoring of Sanjay D. Ghodawat, Chairman, SGG and leadership of Shrenik Ghodawat, MD - GCPL.
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FMCG firm Marico Ltd on Friday reported a 14.07 per cent increase in its consolidated net profit at Rs 227 crore for the March 2021 quarter, helped by a double-digit volume growth in the domestic market. The company had posted a net profit of Rs 199 crore in the January-March quarter a year ago, Marico said in a BSE filing. Revenue from operations of the Mumbai-based firm was up 34.49 per cent at Rs 2,012 crore during the quarter under review as against Rs 1,496 crore in the corresponding period of the previous year. In Q4 FY21, revenue from operations grew by 34 per cent YoY to Rs 2,012 crore (USD 276 million) backed by robust volume growth of 25 per cent in the domestic business and constant currency growth of 23 per cent in the international business, Marico said in a post earning statement.
Ghodawat Consumer launches StarFlavoured Milk ANI | Updated: Apr 30, 2021 11:09 IST
Kolhapur (Maharashtra) [India], April 30 (ANI/PRNewswire): Ghodawat Consumer, which is already present across key segments in the consumer products category, has further expanded its product portfolio by introducing flavoured milk products.
It has launched 4 new delectable flavours under its popular brand Star to diversify its dairy business and further strengthen its position in the dairy segment.
Crafted in state-of-the-art manufacturing unit, Star Flavoured Milk contains toned milk and high-quality ingredients. Star Flavoured Milk retains the nutritional values of milk, while offering an authentic taste of each flavour to consumers.
Within a short span of its inception, GCPL s dairy division introduced Star Ghee and Hapy Milkshake in quick succession that helped the company to capture substantial market share. With the launch of Star Flavoured Milk, the
Marico Q4 results: Net profit rises 14% at Rs 227 cr; sales up 34.5%
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Last Updated: Apr 30, 2021, 04:30 PM IST
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Revenue from operations of the Mumbai-based firm was up 34.49 per cent at Rs 2,012 crore during the quarter under review as against Rs 1,496 crore in the corresponding period of the previous year.
PTI
The company had posted a net profit of Rs 199 crore in the January-March quarter a year ago, Marico said in a BSE filing.
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NEW DELHI: FMCG firm
Marico Ltd on Friday reported a 14.07 per cent increase in its consolidated net profit at Rs 227 crore for the March 2021 quarter, helped by a double-digit volume growth in the domestic market.