The company aims at leveraging its existing distribution network in tier III, IV and V towns in eastern and northeastern markets to increase sales of Arati brand mustard oil by offering low-priced consumer packs at Rs 10 and Rs 20, which have growing demand in these markets, Annapurna Swadisht Ltd (ASL) Managing Director Shreeram Bagla said.
Annapurna Swadisht CAGR: Annapurna s managing director, Shreeram Bagla, infused fresh talent into the company with the goal of reaching a topline of Rs 1,000 crore within 3-4 years from Rs 160 crore in FY 23. "In FY 24 itself, we are targeting to cross a topline of Rs 300 crore, up from Rs 160 crore in FY 23," said GP Sah, joint managing director, in an interview with PTI.